Common use of Election Deadline; Revocation or Modification of Election Clause in Contracts

Election Deadline; Revocation or Modification of Election. For purposes of this Agreement, the term "Election Deadline" shall mean 5:00 p.m. Eastern Time/4:00 p.m. Central Time, on the 30th day following, but not including, the date of mailing of the Election Form, or such other date upon which OVBC and MB shall mutually agree. The Election Deadline shall be prior to the Effective Time. Any election to receive cash, OVBC Common Shares or a combination of cash and OVBC Common Shares shall have been properly made only if the Exchange Agent shall have actually received a properly completed Election Form by the Election Deadline. Any submitted Election Form may be revoked or changed by written notice to the Exchange Agent only if such notice of revocation or change is actually received by the Exchange Agent prior to the Election Deadline. The Exchange Agent shall be required to make all determinations as to when any election, modification or revocation has been received and whether any such election, modification or revocation has been properly made.

Election Deadline; Revocation or Modification of Election. For purposes of this Agreement, the term "“Election Deadline" ” shall mean 5:00 p.m. Eastern Time/4:00 p.m. Central Time, on the 30th day following, but not including, the date of mailing of the Election Form, or such other date upon which OVBC NB&T and MB CNC shall mutually agree. The Election Deadline shall be agree prior to the Effective Time. Any election to receive cash, OVBC NB&T Common Shares or a combination of cash and OVBC NB&T Common Shares shall have been properly made only if the Exchange Agent shall have actually received a properly completed Election Form by the Election Deadline. Any submitted Election Form may be revoked or changed by written notice to the Exchange Agent only if such notice of revocation or change is actually received by the Exchange Agent prior to the Election Deadline. The Exchange Agent shall be required to make all determinations as to when any election, modification or revocation has been received and whether any such election, modification or revocation has been properly made.