Common use of Excluded Shares Clause in Contracts

Excluded Shares. At the Effective Time, each Excluded Share shall, for no consideration, be automatically canceled and retired and shall cease to exist, and, for the avoidance of doubt, no exchange or payment shall be made with respect thereto or in respect thereof.

Appears in 10 contracts

Samples: Agreement and Plan of Merger (United Community Banks Inc), Agreement and Plan of Merger (Reliant Bancorp, Inc.), Voting Agreement (Reliant Bancorp, Inc.)

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Excluded Shares. At the Effective Time, each Excluded Share shall, for no consideration, shall be automatically canceled and retired for no consideration and shall cease to exist, and, for the avoidance of doubt, no exchange or payment shall be made with respect thereto or in respect thereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Entegra Financial Corp.), Voting Agreement (Smartfinancial Inc.), Voting Agreement (Entegra Financial Corp.)

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Excluded Shares. At As of the Effective Time, each Excluded Share shall, for no consideration, shall be automatically canceled and retired and shall cease to exist, and, for the avoidance of doubt, and no exchange or payment shall be made with respect thereto or in respect thereofthereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (WashingtonFirst Bankshares, Inc.), Agreement and Plan of Merger (Sandy Spring Bancorp Inc)

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