Before the execution of this Agreement, the Virginia BanCorp Board has received an opinion from Performance Trust Capital Partners, LLC to the effect that as of the date thereof and based upon and subject to the matters set forth therein, the Merger Consideration is fair to the common shareholders of Virginia BanCorp from a financial point of view.
Bancorp means Eagle Bancorp, Inc., a Maryland corporation.
Parent Board means the board of directors of Parent.
Merger Sub Board means the board of directors of Merger Sub.
Company Board of Directors means the board of directors of the Company.
Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.
MHC means Prudential Mutual Holding Company, the parent mutual holding company for the Corporation and the Bank.
Public corporation means the same as that term is defined in Section 63E-1-102.
CBC means the Collective Bargaining Committee
State board means the state board of education.
Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.
SSE means the Shanghai Stock Exchange.
Company Board means the Board of Directors of the Company.
National Board means the National Board of Boiler and Pressure Vessel Inspectors, (NB) 1055 Crupper Avenue, Columbus, Ohio 43229, whose membership is composed of the Chief Boiler Inspectors of jurisdictions who are charged with the enforcement of the provisions of the ASME Code.
Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;
Bank Board means the Board of Directors of the Bank.
Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.