Common use of THE PROXY Clause in Contracts

THE PROXY. In the case of the Company: it shall promptly assist InterWest in the preparation of a proxy statement (the "Proxy Statement") to be mailed to the holders of the Company Common Stock in connection with the transactions contemplated by this Plan and to be filed by InterWest in a registration statement (the "Registration Statement") with the SEC as provided in Section 5.8, which shall conform to all applicable legal requirements, and it shall call a special meeting (the "Meeting") of the holders of Company Common Stock to be held as soon as practicable for purposes of voting upon the transactions contemplated by this Plan and the Company shall use its best efforts to solicit and obtain votes of the holders of Company Common Stock in favor of the transactions contemplated by this Plan and, subject to the exercise of its fiduciary duties, the Board of Directors of the Company shall recommend approval of such transactions by such holders.

Appears in 2 contracts

Sources: Merger Agreement (Interwest Bancorp Inc), Merger Agreement (Interwest Bancorp Inc)

THE PROXY. In the case of the Company: , it shall --------- promptly assist InterWest in the preparation of prepare a proxy statement (the "Proxy Statement") to be mailed to the holders of the Company Common Stock in connection with the transactions contemplated by this Plan and to be filed by InterWest in a registration statement (the "Registration Statement") with the SEC as provided in Section 5.8SEC, which shall conform to all applicable legal requirements, and it . The Company shall call a special meeting (the "Meeting") of the holders of Company Common Stock to be held as soon as practicable for purposes of voting upon the transactions contemplated by this Plan Plan, and the Company shall use its best efforts to solicit and obtain shareholder votes of the holders of Company Common Stock in favor of the transactions contemplated by this Plan and, subject to the exercise of its their fiduciary duties, the Board of Directors of the Company shall recommend approval of such transactions by such holdersto the Company's Shareholders.

Appears in 1 contract

Sources: Merger Agreement (Community National Corp /Tn)