Common use of Transfer of the Shares Clause in Contracts

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNB, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (LCNB Corp), Agreement and Plan of Merger (LCNB Corp)

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Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBPeoples, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which are owned by the Shareholder (except Shares held in a fiduciary capacity) or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nb&t Financial Group Inc), Agreement and Plan of Merger (Peoples Bancorp Inc)

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBPeoples, sellwhich consent shall not be unreasonably withheld, make any voluntary sale, pledge, transfer, or otherwise voluntarily dispose other disposition of any of the Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peoples Bancorp Inc)

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBUnited, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Bancshares Inc/Oh)

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during from the term of date hereof until this AgreementAgreement is terminated, the Shareholder will not, without the prior written consent of LCNBFirst Citizens Banc Corp, which consent shall not be unreasonably withheld, sell, pledge, transfer, or otherwise voluntarily dispose of any of the such Shareholder’s Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Citizens Banc Corp /Oh)

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBFirst Citizens, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Citizens Banc Corp /Oh)

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Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBNB&T, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which are owned by the Shareholder or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nb&t Financial Group Inc)

Transfer of the Shares. Each of the Shareholders hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBFirst Defiance, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which that are owned by the Shareholder (except Shares held in a fiduciary capacity) or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Commercial Bancshares Inc \Oh\)

Transfer of the Shares. Each of the Shareholders Shareholders, individually and not jointly, hereby covenants and agrees that, during the term of this Agreement, the Shareholder will not, without the prior written consent of LCNBUnited Bancorp, sell, pledge, transfer, or otherwise voluntarily dispose of any of the Shares which that are owned by the Shareholder (except Shares held in a fiduciary capacity) or take any other voluntary action which would have the effect of removing the Shareholder’s power to vote his, her or its Shares or which would otherwise be inconsistent with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Bancorp Inc /Oh/)

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