Common use of Exchange of Certificate Clause in Contracts

Exchange of Certificate. ONB shall cause a statement of ownership of book-entry shares representing that number of shares of ONB common stock (including fractional shares) that each holder of LSB common stock has the right to receive pursuant to Section 3.1 and a check in the amount of any Cash Consideration and dividends or distributions which such holder shall be entitled to receive, to be delivered to such shareholder upon delivery to ONB of certificates representing such shares of LSB common stock (or bond or other indemnity satisfactory to ONB if any of such certificates are lost, stolen or destroyed) owned by such shareholder accompanied by a properly completed and executed letter of transmittal, as in the form and substance satisfactory to ONB. No interest will be paid on any Merger Consideration that any such holder shall be entitled to receive pursuant to this Article III upon such delivery.

Exchange of Certificate. ONB shall cause a statement of ownership of book-entry shares representing that number of shares of ONB common stock (including fractional shares) that each holder of LSB common stock has the right to receive pursuant to Section 3.1 and a check in the amount of any Cash Consideration and dividends or distributions which such holder shall be entitled to receive, to be delivered to such shareholder upon delivery to ONB of certificates representing such shares of LSB common stock (or bond or other indemnity satisfactory to ONB if any of such certificates are lost, stolen or destroyed) owned by such shareholder accompanied accompanied by a properly completed and executed letter of transmittal, as in the form and substance satisfactory to ONB. No interest will be paid on any Merger Consideration that any such holder shall be entitled to receive pursuant to this Article III upon such delivery.