Examples of ESOP Stock Purchase Agreement in a sentence
The Company's Board of Directors shall have authorized and approved this Agreement, the ESOP Stock Purchase Agreement, the Company Purchase and the ESOP Purchase, and the Company shall have taken all other corporate action necessary for the Company to consummate the Company Purchase and the ESOP Purchase.
No action, suit or proceeding before any court or governmental or regulatory authority shall be pending against the Company, the Selling Shareholder or any of their respective directors or officers seeking to restrain, prevent, limit or change the Company Purchase, the ESOP Purchase or the related transactions contemplated hereby or by the ESOP Stock Purchase Agreement or questioning the legality or validity of any such transactions or seeking damages in connection with any such transactions.
No approval of this Agreement or the ESOP Stock Purchase Agreement or the Company Purchase, the ESOP Purchase or any of the transactions contemplated hereby or thereby is required to be obtained from the stockholders of the Company.
The Selling Shareholder is not a party to or bound by any buy-sell or other agreement, understanding or commitment with respect to any of the Shares, other than this Agreement and the ESOP Stock Purchase Agreement.
The Board of Directors or other appropriate committee of the Selling Shareholder shall have authorized and approved this Agreement, the ESOP Stock Purchase Agreement, the Company Purchase and the ESOP Purchase, and the Selling Shareholder shall have taken all other corporate action necessary for the Selling Shareholder to consummate the Company Purchase and the ESOP Purchase.
No approval not already obtained of this Agreement or the ESOP Stock Purchase Agreement or the Company Purchase, the ESOP Purchase or any of the transactions contemplated hereby or thereby is required to be obtained from the stockholders or any parent or affiliate of the Selling Shareholder.
The Company’s sale to the ESOP pursuant to the ESOP Stock Purchase Agreement is subject to certain conditions, including the consummation of the Offer.
The ESOP Stock Purchase Agreement dated as of November 28, 1989 between the Borrower and the ESOP Trust, each in the form delivered to the Banks on or prior to the Effective Date.
The Company has delivered to CIT a complete and correct copy of each of the BSI ESOP Stock Purchase Agreement and the BSI Merger Agreement, in each case including all schedules and exhibits thereto, the Escrow Agreement, and all other BSI Acquisition Documents.