FM Board definition
Examples of FM Board in a sentence
The John▇▇▇▇ ▇▇▇up shall be entitled, but not required, to designate six members of the FM Board (the "John▇▇▇▇ ▇▇▇ectors"), and the Edwa▇▇▇ ▇▇▇up shall be entitled, but not required, to designate three members of the FM Board (the "Edwa▇▇▇ ▇▇▇ectors").
The FM Board has, by unanimous written consent, determined that this Agreement and the transactions contemplated by this Agreement, are advisable and in the best interests of FM and the FM Shareholders.
The minute books of FM contain accurate and complete records of all meetings held of, and corporate action taken by, the shareholders, the FM Board, and committees of the FM Board, and no meeting of any such shareholders, FM Board, or committee has been held for which minutes have not been prepared and are not contained in such minute books.
This Agreement and the Transaction and the Bank Merger and the Bank Merger Agreement have been authorized by all necessary corporate action of F&M, the F&M Board, F&M Bank and the F&M Bank Board, as applicable, and will be authorized by all necessary corporate action of the sole shareholder of F&M Bank.
Prior to the Closing, the F&M Board shall reserve for issuance a sufficient number of shares of F&M Common Stock for the purpose of issuing its shares in exchange for shares of DELTA Common Stock in the Merger.