Conversion and Reorganization Definition Example with 7 Variations

This page contains an example definition of Conversion and Reorganization, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Conversion and Reorganization. Means the series of transactions provided for in this Plan, including but not limited to (i) the merger of the MHC with and into the Mid-Tier Holding Company pursuant to which it will cease to exist, (ii) the merger of the Mid-Tier Holding Company with the Holding Company, pursuant to which it will cease to exist and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted into and... become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. All such transactions shall occur substantially simultaneously. View More Arrow
Found in Naugatuck Valley Financial Corp contract

Variations

Conversion and Reorganization. Means means the series of transactions provided for in this Plan, including but not limited to (i) the merger mutual to stock conversion of the MHC with and into the Mid-Tier Holding Company its subsequent merger pursuant to which it will cease to exist, (ii) the merger of the Mid-Tier Holding Company with the Holding Company, Bank, pursuant to which it will cease to exist and the Bank will become a wholly-owned subsidiary of the Holding Company and, in connection therewith, each share of... Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. All such transactions shall occur substantially simultaneously. 3 View More Arrow
Found in Naugatuck Valley Financial Corp contract
Conversion and Reorganization. Means means the series of transactions provided for in this Plan, including but not limited to (i) the merger mutual to stock conversion of the MHC with and into the Mid-Tier Holding Company its subsequent merger pursuant to which it will cease to exist, (ii) the merger of the Mid-Tier Holding Company with the Holding Company, pursuant to which it will cease to exist and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective... time thereof shall automatically be converted into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. All such transactions shall occur substantially simultaneously. 3 View More Arrow
Found in Naugatuck Valley Financial Corp contract
Conversion and Reorganization. Means means the series of transactions provided for in this Plan, including including, but not limited to: (i) the reorganization of the MHC and the Bank into the Mid-Tier Holding Company structure, which shall be consummated prior to (i) steps (ii) through (iv) herein; (ii) the merger of the MHC with and into the Mid-Tier Holding Company pursuant to which it the MHC will cease to exist, (ii) exist; (iii) the merger of the Mid-Tier Holding Company with the Holding Company, pursuant to which it... will cease to exist and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding common stock outstanding, if any, immediately prior to before the effective time thereof shall automatically be converted into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, Stock; and (iii) (iv) the issuance of Conversion Common Stock by the Holding Company in the Offerings and the contribution of Common Stock to the Foundation as provided herein. All such transactions shall occur substantially simultaneously. 3 View More Arrow
Found in 2 Contracts from Franklin Financial Corp
Conversion and Reorganization. Means means the series of transactions provided for in this Plan, including but not limited to (i) the merger mutual to stock conversion of the MHC with and into the Mid-Tier Holding Company its subsequent merger pursuant to which it will cease to exist, (ii) the merger of the Mid-Tier Holding Company with the Holding Company, Bank, pursuant to which it will cease to exist and the Bank will become a wholly owned subsidiary of the Holding Company and, in connection therewith, each share of... Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. All such transactions shall occur substantially simultaneously. View More Arrow
Found in North Penn Bancorp Inc contract
Conversion and Reorganization. Means the series of transactions provided for in this Plan, including but not limited to means (i) the merger conversion of the MHC with and into the Mid-Tier Mutual Holding Company from mutual form to a federal interim stock savings association and the subsequent Mutual Holding Company Merger, pursuant to which it the Mutual Holding Company will cease to exist, (ii) the merger of the Mid-Tier Holding Company with the Holding Company, Bank Merger, pursuant to which it the Association will cease... to exist become a wholly owned subsidiary of the Holding Company and, in connection therewith, each share of Mid-Tier Holding Company Association Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted converted, without further action by the holder thereof, into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. herein, which will increase the number of shares of Holding Company Common Stock outstanding and the capitalization of the Holding Company and the Association. All such transactions shall occur substantially simultaneously. View More Arrow
Found in JEFFERSON BANCSHARES INC contract
Conversion and Reorganization. Means the series of transactions provided for in this Plan, including but not limited to means (i) the merger conversion of the MHC with and into the Mid-Tier Holding Company from a federally chartered stock corporation to a federal interim savings association and the subsequent Mid-Tier Holding Company Merger pursuant to which it the Mid-Tier Holding Company will cease to exist, (ii) the merger conversion of the Mid-Tier Mutual Holding Company with from mutual form to a federal interim stock... savings association and the subsequent Mutual Holding Company, Company Merger, pursuant to which it the Mutual Holding Company will cease to exist exist, (iii) the Bank Merger, pursuant to which the Bank will become a wholly owned subsidiary of the Holding Company and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted converted, without further action by the holder thereof, into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) 4 (iv) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. herein, which will increase the number of shares of Holding Company Common Stock outstanding and the capitalization of the Holding Company and the Bank. All such transactions shall occur substantially simultaneously. View More Arrow
Found in WILLOW FINANCIAL BANCORP, INC. contract
Conversion and Reorganization. Means the series of transactions provided for in this Plan, including but not limited to means (i) the merger conversion of the MHC with and into the Mid-Tier Holding Company from a Delaware corporation to a federally chartered stock corporation and then immediately to an interim federal stock savings association and the subsequent Mid-Tier Holding Company Merger pursuant to which it the Mid-Tier Holding Company will cease to exist, (ii) the merger conversion of the Mid-Tier Mutual Holding... Company with from mutual form to an interim federal stock savings association and the subsequent Mutual Holding Company, Company Merger, pursuant to which it the Mutual Holding Company will cease to exist exist, (iii) the Bank Merger, pursuant to which the Bank will become a wholly owned subsidiary of the Holding Company and, in connection therewith, each share of Mid-Tier Holding Company Common Stock outstanding immediately prior to the effective time thereof shall automatically be converted converted, without further action by the holder 4 thereof, into and become the right to receive shares of Holding Company Common Stock based on the Exchange Ratio, plus cash in lieu of any fractional share interest, and (iii) (iv) the issuance of Conversion Stock by the Holding Company in the Offerings as provided herein. All such transactions shall occur substantially simultaneously. herein, which will increase the number of shares of Holding Company Common Stock outstanding and the capitalization of the Holding Company. View More Arrow
Found in ROME BANCORP INC contract
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