Rights as Stockholders; Stock Transfers. At the Effective Time, holders of GAFC Common Stock shall cease to be, and shall have no rights as, stockholders of GAFC, other than to receive the Merger Consideration and any dividend or other distribution with respect to such GAFC Common Stock with a record date occurring prior to the Effective Time, the payment, if any, in lieu of certain dividends on Summit Common Stock provided for in Section 2.02(b), and the consideration provided under this Article IV. After the Effective Time, there shall be no transfers on the stock transfer books of GAFC or the Surviving Corporation of shares of GAFC Common Stock.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Summit Financial Group Inc), Agreement and Plan of Reorganization (Summit Financial Group Inc), Agreement and Plan of Reorganization (Greater Atlantic Financial Corp)
