Common use of Right to Dissent Clause in Contracts

Right to Dissent. Notwithstanding any other provision hereof, Bank Shareholders shall have the right to dissent pursuant to §4▇-▇▇-▇▇▇ et seq. of the Act, attached hereto as Exhibit C, (“Dissent”), if such dissenters’ rights are properly perfected, and in such case, such dissenting Bank Shareholders shall be excluded from the Share Exchange and instead will have the rights set out in the statute set forth in Exhibit C.

Appears in 1 contract

Sources: Share Exchange Agreement (SouthEast Bancshares, Inc.)

Right to Dissent. Notwithstanding any other provision hereof, Bank Shareholders shall have the right to dissent pursuant to §4▇-▇▇-▇▇▇ et seq. of the Act, attached hereto as Exhibit C, (“Dissent”), if such dissenters’ rights are properly perfected, and in such case, such dissenting Bank Shareholders shall be excluded from the Share Exchange and instead will have the rights set out in the statute set forth in Exhibit C.

Appears in 1 contract

Sources: Share Exchange Agreement (First Freedom Bancshares, Inc.)