Reservation of Right to Revise Transaction. The parties hereto may hereafter agree in writing to change the method of effecting the Merger to the extent permitted by applicable law and to the extent they deem any such change to be desirable; provided, however, that no such change shall materially alter the benefits of the Merger as is presently contemplated in this Agreement and in the Plan of Merger to any of the parties hereto or to their respective shareholders.
Appears in 3 contracts
Sources: Reorganization Agreement (Progressive Bank Inc), Reorganization Agreement (Cortland First Financial Corp), Reorganization Agreement (Hudson Chartered Bancorp Inc)