Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be, and shall have no rights as, shareholders of the Company other than to receive the Merger Consideration, cash in lieu of fractional shares pursuant to Section 3.03(d), if any, and any distribution or dividend pursuant to Section 3.03(j). After the Effective Time, there shall be no transfers on the stock transfer books of the Company of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time.
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Samples: Shareholder Agreement (Centennial Bank Holdings, Inc.)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company Common Stock (other than Dissenters' Shares, if applicable) shall cease to be, and shall have no rights as, shareholders of the Company Company, other than to receive any dividend or other distribution with respect to such Company Common Stock with a record date occurring prior to the Merger Consideration, cash in lieu of fractional shares pursuant Effective Time and the right to Section 3.03(d), if any, and any distribution or dividend pursuant to Section 3.03(j)receive Consideration provided under this Article III. After the Effective Time, there shall be no transfers on the stock transfer books of the Company Surviving Corporation of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time(other than Dissenters' Shares, if applicable).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Eagle Bancshares Inc)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be, and shall have no rights as, shareholders of the Company other than to receive the Merger Consideration, Consideration (together with any dividends or distributions with respect thereto and cash in lieu of fractional shares pursuant to Section 3.03(d), if any, and any distribution or dividend pursuant to Section 3.03(jissued in consideration therefor). After the Effective Time, there shall be no transfers on the stock transfer books of the Company or the Surviving Corporation of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time.. 3.03
Appears in 1 contract
Samples: Agreement and Plan of Merger (Pacific Mercantile Bancorp)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be, and shall have no rights as, shareholders of the Company other than to receive the Merger Consideration, Consideration (together with any dividends or distributions with respect thereto and cash in lieu of fractional shares pursuant to Section 3.03(d), if any, and any distribution or dividend pursuant to Section 3.03(j). After the Effective Time, there shall be no transfers on the stock transfer books of the Company of the shares of Company Common Stock that were outstanding immediately prior to the Effective Time.issued in consideration
Appears in 1 contract
Samples: Agreement and Plan of Merger (Investors Bancorp, Inc.)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company Common Stock (other than holders of Dissenters' Shares, if applicable) shall cease to be, and shall have no rights as, shareholders of the Company Company, other than to receive any dividend or other distribution with respect to such Company Common Stock with a record date occurring prior to the Merger Consideration, cash in lieu of fractional shares pursuant Effective Time and the right to Section 3.03(d), if any, and any distribution or dividend pursuant to Section 3.03(j)receive Consideration provided under this Article 2. After the Effective Time, there shall be no transfers on the stock transfer books of the Company Surviving Corporation of the shares of Company Common Stock that were outstanding immediately prior to the Effective TimeStock.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cotton States Life Insurance Co /)
Rights as Shareholders; Stock Transfers. At the Effective Time, holders of Company the Preferred Stock and the Common Stock shall cease to be, and shall have no rights as, shareholders of the Company other than Company, except to receive the Merger Consideration, cash consideration payable in lieu respect of fractional shares pursuant to Section 3.03(d), if any, such stock as provided in this Article II. Upon and any distribution or dividend pursuant to Section 3.03(j). After after the Effective Time, there shall be no transfers on the Company's stock transfer books will be closed and no transfers of the Company of the shares of Company Preferred Stock or Common Stock that were outstanding immediately prior to the Effective Timewill be made.
Appears in 1 contract
