Common use of Voting Securities Clause in Contracts

Voting Securities. Voting securities" means Xxxxxx United Bancorp's common stock, together with any preferred stock entitled to vote generally in elections for directors or other matters. With respect to preferred stock, in determining the percentage of beneficial ownership of voting securities, the number of votes to which the holder is entitled in the election of directors with the common holders, and not the number of shares, shall be the basis of the calculation.

Appears in 2 contracts

Samples: Severance and Employment Agreement (Hudson United Bancorp), Severance and Employment Agreement (Hudson United Bancorp)

AutoNDA by SimpleDocs

Voting Securities. Voting securities" means Xxxxxx United Bancorp's common stock, together with any preferred stock entitled to vote generally in elections for directors or other matters. With respect to preferred stock, in determining the percentage of beneficial ownership of voting securities, the number of votes to which the holder is entitled in the election of directors with the common holders, and not the number of shares, shall be the basis of the calculation.

Appears in 2 contracts

Samples: Severance and Employment Agreement (Hudson United Bancorp), Severance and Employment Agreement (Hudson United Bancorp)

Voting Securities. Voting securities" means Xxxxxx United Bancorp's ’s common stock, together with any preferred stock entitled to vote generally in elections for directors or other matters. With respect to preferred stock, in determining the percentage of beneficial ownership of voting securities, the number of votes to which the holder is entitled in the election of directors with the common holders, and not the number of shares, shall be the basis of the calculation.

Appears in 2 contracts

Samples: Severance and Employment Agreement (Hudson United Bancorp), Severance and Employment Agreement (Hudson United Bancorp)

AutoNDA by SimpleDocs

Voting Securities. Voting securities" means Xxxxxx Hudson United Bancorp's common stocksxxxx, together with any preferred stock entitled to vote generally in elections for directors or other matters. With respect to preferred stock, in determining the percentage of beneficial ownership of voting securities, the number of votes to which the holder is entitled in the election of directors with the common holders, and not the number of shares, shall be the basis of the calculation.

Appears in 1 contract

Samples: Employment Agreement (Hudson United Bancorp)

Time is Money Join Law Insider Premium to draft better contracts faster.