Middlesex Organizers definition
Middlesex Organizers shall have the meaning ascribed thereto in Section -------------------- 2.3 hereof.
Middlesex Organizers means those individuals identified on the attached Schedule 2.3. Prior to the Effective Time, Middlesex shall deliver to AFCB a schedule setting forth in reasonable detail all of the costs and expenses included in the Middlesex Organizational Costs, and appropriate support and/or documentation, and a schedule setting forth the portion of the Middlesex Organizational Costs allocated to each of the Middlesex Organizers, and the amount of such allocated portion to be paid in cash or shares of AFCB Stock to each such Middlesex Organizer. Each of the Middlesex Organizers who receives any shares of AFCB Common Stock at the Effective Time in accordance with this Section 2.3 shall enter into a letter agreement with AFCB, and with Middlesex to the extent deemed to be necessary or appropriate by the parties, at the Effective Time, such agreement (the "Middlesex Organizer Agreement") to be substantially in the ----------------------------------- form of Exhibit 2.3 hereto.
Examples of Middlesex Organizers in a sentence
Each of the Middlesex Organizers to ------------------------------ whom shares of AFCB Common Stock are issued in accordance with Section 2.3 hereof shall have executed and delivered a Middlesex Organizer Agreement.
Each of the Middlesex Organizers who receives any shares of AFCB Common Stock at the Effective Time in accordance with this Section 2.3 shall enter into a letter agreement with AFCB, and with Middlesex to the extent deemed to be necessary or appropriate by the parties, at the Effective Time, such agreement (the "Middlesex Organizer Agreement") to be substantially in the ----------------------------------- form of Exhibit 2.3 hereto.