Exchange Ratio Definition Example with 5 Variations
This page contains an example definition of Exchange Ratio, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Exchange Ratio. Means the rate at which shares of Holding Company Common Stock will be issued in exchange for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the Conversion and Reorganization, the Minority Stockholders will own in the aggregate approximately the...
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Found in
North Penn Bancorp Inc contract
Variations
Exchange Ratio. Means means the rate at formula by which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders Public Shareholders in connection with the Bank Mid-Tier Holding Company Merger. The exact rate ratio (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the...
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Found in
MINDEN BANCORP, INC. contract
Exchange Ratio. Means means the rate at which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Association Common Stock held by the Minority Stockholders Public Shareholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) the nearest ten-thousandth) shall be determined by the MHC, the Mid-Tier Mutual Holding Company and the Bank Association in order to ensure that upon consummation of the...
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Found in
JEFFERSON BANCSHARES INC contract
Exchange Ratio. Means means the rate at which shares of Holding Company the Bank Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, the Mid-Tier Holding Company MHC and the Bank in order 4 to ensure that upon consummation of the Conversion and Reorganization, the Minority Stockholders will own in...
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Found in
LIBERTY BANCORP INC contract
Exchange Ratio. Means means the rate at which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders Public Shareholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the Conversion and Reorganization, Reorganization the Minority Stockholders Public Shareholders will own in the aggregate approximately the same percentage of the Holding Company Common Stock to be outstanding upon completion of the Conversion and Reorganization as the percentage of Mid-Tier Holding Company Common Stock owned by them in the aggregate immediately prior to consummation of the Conversion and Reorganization, before giving effect to (a) cash paid in lieu of any fractional inte rests interests of Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders or Tax-Qualified Employee Stock Benefit Plans in the Offerings.
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Exchange Ratio. Means means the rate at which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders Public Shareholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the Conversion and Reorganization, the ...
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Found in
ROME BANCORP INC contract