FCB Stock definition
Examples of FCB Stock in a sentence
No FCB Shares or FCB Preferred Stock have been issued since December 31, 2008 except FCB Shares issued pursuant to the FCB Stock Option Plan.
The terms of each FCB Stock Option shall, in accordance with its terms, be subject to further adjustment as appropriate to reflect any stock split, stock dividend, recapitalization or other similar transaction with respect to EVBS Shares on or subsequent to the Effective Time.
Since September 30, 1996, FCB has not issued any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stock except upon exercise of stock options pursuant to the FCB Option Plan outstanding as of September 30, 1996 and except with respect to the FCB Stock Option Agreement.
As of March 31, 2005, 567,454 shares of FCB Common Stock were reserved for issuance upon the exercise of stock options granted pursuant to the FCB Stock Option Plan.
The adjustment provided in this Section 2.6(a) with respect to any FCB Stock Options (whether or not “incentive stock options” (as defined in Section 422 of the Code)) shall be and is intended to be effected in a manner which is consistent with Section 424(a) of the Code and, to the extent it is not so consistent, the provisions of such Section 424(a) of the Code shall override anything to the contrary contained herein.
Pursuant to the terms of the FCB Stock Option Plans, there are currently outstanding options with the right to purchase a total of 399,685 shares of FCB Common Stock, as more fully set forth in Schedule 5.3 attached hereto.
MainSource shall have received executed copies of the Settlement Agreements and cancellation agreements with respect to the FCB Stock Options, as contemplated by Section 2.01(b), all of which shall be in full force and effect.
Except as specifically provided above, following the Effective Time, each such right shall otherwise be subject to the same terms and conditions as were applicable to the rights under the relevant FCB Stock Plan or other FCB Benefit Plan immediately prior to the Effective Time.
Except as set forth in Schedule 3.25 of the OSB Disclosure Schedules and except pursuant to the terms of the FCB Stock Option Agreement, OSB does not "beneficially own" (as such term is defined for purposes of Section 13(d) of the Exchange Act) any shares of FCB Common Stock.
Lender shall have no obligation to disburse any funds hereunder until Borrower delivers certificates representing the FCB Stock, which shall properly represent Borrower's unencumbered, unrestricted and unqualified ownership of 51% of the issued and outstanding shares of FCB Stock, duly endorsed in blank (or accompanied by separate duly executed stock transfer documents) and accompanied by a separate stock pledge agreement (the "Pledge Agreement").