Structure of the Merger. On the Effective Date (as defined in Section 7.1), JSB will merge with and into NFB ("Merger"), with NFB being the surviving entity, pursuant to the provisions of, and with the effect provided in, the Delaware General Corporation Law. Upon consummation of the Merger, the separate corporate existence of JSB shall cease. NFB shall continue to be governed by the laws of the State of Delaware and its name and separate corporate existence, with all of its rights, privileges, immunities, powers and franchises, shall continue unaffected by the Merger.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (North Fork Bancorporation Inc), Merger Agreement (JSB Financial Inc), Merger Agreement (North Fork Bancorporation Inc)