CFHC definition
Examples of CFHC in a sentence
The Bank will provide CFHC thirty (30) days to provide the Bank with written comments on the proposed training content and will consider in good faith the comments provided by CFHC.
HUBCO shall be entitled to deduct and withhold, or cause the Exchange Agent to deduct and withhold, from funds provided by the holder or from the consideration otherwise payable pursuant to this Agreement to any holder of shares of CFHC Common Stock the minimum amounts (if any) that HUBCO is required to deduct and withhold with respect to the making of such payment under the Code (as defined in Section 3.8), or any provision of state, local or foreign tax law.
Except as set forth in the CFHC Disclosure Schedule, no officer, director, employee or agent (or former officer, director, employee or agent) of CFHC or any CFHC Subsidiary is entitled now, or will or may be entitled to as a consequence of this Agreement or the Merger, to any payment or benefit from CFHC, a CFHC Subsidiary, HUBCO or a HUBCO Subsidiary which if paid or provided would constitute an "excess parachute payment", as defined in Section 280G of the Code or regulations promulgated thereunder.
Except for any acquisition or merger discussions HUBCO may enter into with other parties, CFHC and HUBCO will promptly inform the other of any facts applicable to CFHC or HUBCO, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any Governmental Entity or which would otherwise prevent or materially delay completion of the Merger.
HUBCO, the Bank, CFHC and Community have caused this Agreement to be executed by their duly authorized officers as of the day and year first above written.
CFHC agrees promptly to advise HUBCO if at any time prior to the Shareholders' Meeting, any information provided by CFHC in the Proxy Statement-Prospectus becomes incorrect or incomplete in any material respect and to provide HUBCO with the information needed to correct such inaccuracy or omission.
Such certificates previously evidencing such shares of CFHC Common Stock (other than those canceled pursuant to Section 2.1(d)) shall be exchanged for certificates evidencing shares of HUBCO Common Stock, as the case may be, issued pursuant to this Article II, upon the surrender of such certificates in accordance with this Article II.
This Agreement may be amended by action taken by the parties hereto at any time before or after adoption of this Agreement by the shareholders of CFHC but, after any such adoption, no amendment shall be made which reduces the amount or changes the form of the consideration to be delivered to the shareholders of CFHC without the approval of such shareholders.
Neither the execution and delivery of this Agreement nor consummation of the transactions contemplated hereby (assuming all appropriate regulatory approvals) will violate or result in any violation or default of or be in conflict with or constitute a default under any term of the Certificate of Incorporation or Bylaws of CFHC or any agreement, instrument, judgment, decree or order applicable to CFHC.
Neither CFHC nor any CFHC Subsidiary is required by Section 32 of the Federal Deposit Insurance Act to give prior notice to a Federal banking agency of the proposed addition of an individual to its board of directors or the employment of an individual as a senior executive officer, except as disclosed in writing to HUBCO by CFHC prior to the date of this Agreement.