Common use of VOTING RIGHTS OF SHAREHOLDERS Clause in Contracts

VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s voting capital stock.

Appears in 3 contracts

Samples: Plan of Merger (Rome Bancorp Inc), Agreement and Plan of Reorganization (Rome Bancorp Inc), Agreement and Plan of Reorganization (Rome Bancorp Inc)

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VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank Association shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s Association's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.

Appears in 2 contracts

Samples: Plan of Merger (Community Savings Bankshares Inc /De/), Plan of Merger (Community Savings Bankshares Inc /De/)

VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s 's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.

Appears in 2 contracts

Samples: Plan of Conversion (Rome Bancorp Inc), Willow Grove Bancorp Inc

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VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the New Bank shall be held and exercised exclusively by the Holding Company as holder of all of the New Bank’s 's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.

Appears in 2 contracts

Samples: Plan of Merger (Bridge Street Financial Inc), Plan of Merger (Bridge Street Financial Inc)

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