Transactions and Terms of Merger. 2 1.1 Merger....................................................................2 1.2 Time and Place of Closing.................................................2 1.3
Transactions and Terms of Merger. 1 1.1 Merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1.2 Time and Place of Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1.3
Transactions and Terms of Merger. 9 1.1 Merger 9 1.2 Time and Place of Closing 9
Transactions and Terms of Merger. 1 1.1 MERGER. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 1.2
Transactions and Terms of Merger. Section 1.1 Merger 2 Section 1.2 Bank Merger 2 Section 1.3 Closing 2 Section 1.4 Effective Time 2
Transactions and Terms of Merger. 10 1.1 Merger 10 1.2 Time and Place of Closing 10 1.3 Effective Time 10 ARTICLE TWO 10 TERMS OF MERGER 10 2.1 Articles of Incorporation 10 2.2 Bylaws 10 2.3 Directors and Officers 10 ARTICLE THREE 11 MANNER OF CONVERTING SHARES 11 3.1 Conversion of Shares 11 3.2 Anti-Dilution Provisions 12 3.3 Shares Held by Peoples or BancTrust 12 3.4 Dissenting Shareholders 12 3.5 Fractional Shares 13 3.6 Stock Options 13 ARTICLE FOUR 13 EXCHANGE OF SHARES 13 4.1 Exchange Procedures 13 4.2 Rights of Former Peoples Shareholders 14 ARTICLE FIVE 14
Transactions and Terms of Merger. 2 1.1 MERGER 2 1.2 TIME AND PLACE OF CLOSING 2 1.3 EFFECTIVE TIME 2 ARTICLE 2 TERMS OF MERGER 2 2.1 CERTIFICATE OF INCORPORATION 2 2.2 BYLAWS 2 2.3 DIRECTORS AND OFFICERS 3 ARTICLE 3 MANNER OF CONVERTING SHARES 3 3.1 CONVERSION OF COMPANY COMMON STOCK 3 3.2 CERTAIN ADJUSTMENTS 4 3.3 SHARES HELD BY THE COMPANY, PARENT OR PURCHASER 4 3.4 DISSENTING STOCKHOLDERS 4 3.5 TREATMENT OF OPTIONS AND OTHER EQUITY AWARDS 5 3.6 INTENTIONALLY OMITTED 6 3.7 NO FRACTIONAL SHARES 6 ARTICLE 4 EXCHANGE OF SHARES 6 4.1 AVAILABILITY OF CONSIDERATION 6 4.2 EXCHANGE OF SHARES 6
Transactions and Terms of Merger. 1 1.1 Merger 1 1.2 Time and Place of Closing 1 1.3 Effective Time 2 ARTICLE 2 TERMS OF MERGER 2 2.1 Charter 2 2.2 Bylaws 2 2.3 Directors and Officers 2
Transactions and Terms of Merger. 2 1.1 MERGER 2 1.2 TIME AND PLACE OF CLOSING 2 1.3 EFFECTIVE TIME 2 ARTICLE 2 TERMS OF MERGER 2 2.1 CHARTER 2 2.2 BYLAWS 2 2.3 DIRECTORS AND OFFICERS 3 ARTICLE 3 MANNER OF CONVERTING SHARES 3 3.1 CONVERSION OF SHARES 3 3.2 ANTI-DILUTION PROVISIONS 4 3.3 SHARES HELD BY TARGET OR BUYER 4 3.4 DISSENTING STOCKHOLDERS 4 3.5 FRACTIONAL SHARES 4 3.6 STOCK OPTIONS AND RESTRICTED STOCK 4 ARTICLE 4 EXCHANGE OF SHARES 5 4.1 EXCHANGE PROCEDURES 5 4.2 RIGHTS OF FORMER TARGET STOCKHOLDERS 6 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF TARGET 7 5.1 ORGANIZATION, STANDING, AND POWER 7 5.2 AUTHORITY OF TARGET; NO BREACH BY AGREEMENT 7 5.3 CAPITAL STOCK 8 5.4 TARGET SUBSIDIARIES 9 5.5 SEC FILINGS; FINANCIAL STATEMENTS 9 5.6 ABSENCE OF UNDISCLOSED LIABILITIES 10 5.7 ABSENCE OF CERTAIN CHANGES OR EVENTS 11 5.8 TAX MATTERS 11 5.9 ASSETS 12 5.10 INTELLECTUAL PROPERTY 12 5.11 ENVIRONMENTAL MATTERS 13 5.12 COMPLIANCE WITH LAWS 14 5.13 LABOR RELATIONS 15 5.14 EMPLOYEE BENEFIT PLANS 15 5.15 MATERIAL CONTRACTS 17 5.16 LEGAL PROCEEDINGS 18 5.17 STATEMENTS TRUE AND CORRECT 19 5.18 TARGET PRODUCT CANDIDATES; SUPPLY ARRANGEMENTS 19 5.19 REGULATORY MATTERS 20 5.20 STATE TAKEOVER LAWS 22 5.21 REAL PROPERTY 22 5.22 INSURANCE 22 5.23 FOREIGN CORRUPT PRACTICES AND INTERNATIONAL TRADE SANCTIONS 22 5.24 COMMERCIAL RELATIONSHIPS 23 5.25 CHARTER PROVISIONS 23 5.26 BROKERS AND FINDERS 23 5.27 OPINION OF FINANCIAL ADVISOR 23 5.28 NO OTHER REPRESENTATIONS OR WARRANTIES 23 ARTICLE 6 REPRESENTATIONS AND WARRANTIES OF BUYER 23 6.1 ORGANIZATION, STANDING, AND POWER 24 6.2 AUTHORITY; NO BREACH BY AGREEMENT 24 6.3 CAPITAL STOCK 25 6.4 BUYER SUBSIDIARIES 25 6.5 SEC FILINGS; FINANCIAL STATEMENTS 25 6.6 ABSENCE OF UNDISCLOSED LIABILITIES 27 6.7 ABSENCE OF CERTAIN CHANGES OR EVENTS 27 6.8 TAX MATTERS 27 6.9 ASSETS 27 6.10 INTELLECTUAL PROPERTY 28 6.11 COMPLIANCE WITH LAWS 28 6.12 LABOR RELATIONS 28 6.13 EMPLOYEE BENEFIT PLANS 29 6.14 MATERIAL CONTRACTS 29 6.15 LEGAL PROCEEDINGS 29 6.16 STATEMENTS TRUE AND CORRECT 30 6.17 AUTHORITY OF SUB 30 6.18 REGULATORY MATTERS 30 6.19 RIGHTS AGREEMENT 31 6.20 BROKERS AND FINDERS 31 6.21 INVESTMENT COMPANY 31 6.22 NECESSARY FUNDS 31 ARTICLE 7 CONDUCT OF BUSINESS PENDING CONSUMMATION 31 7.1 AFFIRMATIVE COVENANTS OF TARGET 31 7.2 NEGATIVE COVENANTS OF TARGET 32 7.3 COVENANTS OF BUYER 33 7.4 ADVERSE CHANGES IN CONDITION 34 7.5 NO CONTROL OF OTHER PARTY’S BUSINESS; OTHER ACTIONS 34 ARTICLE 8 ADDITIONAL AGREEMENTS 35 8.1 REGISTRATION STATEMENT; PROXY STATEMENT; STOCKHOLDER APPR...
Transactions and Terms of Merger. 4 2.1. Merger.................................................................................4 2.2. Charter of the Survivor................................................................4 2.3. Bylaws of the Survivor.................................................................4 2.4. Directors and Officers of the Survivor.................................................5 2.5. Conversion of Securities...............................................................5 SECTION 3. CLOSING, EFFECTIVE TIME AND DELIVERY OF CONSIDERATION.....................................5 3.1. The Closing............................................................................5 3.2. Effective Time.........................................................................5
