Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Bank Common Stock shall cease to be, and shall have no rights as, shareholders of the Bank other than to receive the shares of Company Common Stock issuable in exchange thereof provided under this Article 2. After the Effective Time, there shall be no transfers on the stock transfer books of the Bank.
Appears in 2 contracts
Samples: Agreement and Plan of Share (Merchants & Marine Bancorp, Inc.), Agreement and Plan of Share (First Commerce Bancorp, Inc.)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Bank MortgageIT Common Stock shall cease to be, and shall have no rights as, shareholders stockholders of the Bank MortgageIT other than to receive the shares of Company Common Stock issuable in exchange thereof consideration provided under this Article 2III. After the Effective Time, there shall be no transfers on the stock transfer books of MortgageIT or the BankSurviving Corporation of shares of MortgageIT Common Stock which were outstanding immediately prior to the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (MortgageIT Holdings, Inc.)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Bank Company Common Stock shall cease to be, and shall have no rights as, shareholders of the Bank Company other than to receive the shares of Company Common Stock issuable in exchange thereof provided under this Article 2Merger Consideration. After the Effective Time, there shall be no transfers on the stock transfer books of the Bank.Company of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time
Appears in 1 contract
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Bank Common Stock shall cease to be, and shall have no rights as, as shareholders of the Bank Bank, other than to receive the shares of Company Common Stock issuable in exchange thereof Merger Consideration provided under this Article 2. After the Effective Time, there shall be no transfers recorded on the stock transfer books of Bank of shares of Bank Stock, other than transfers of Bank Stock that have occurred prior to the BankEffective Time.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Boston Private Financial Holdings Inc)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Bank Common Stock shall cease to be, and shall have no rights as, shareholders of the Bank other than to receive the shares of Company Common Stock issuable in exchange thereof Exchange Consideration provided under this Article 2. After the Effective Time, there shall be no transfers on the stock transfer books of the Bank.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Share Exchange (Community First Inc)
