Common use of The Proposed Transaction Clause in Contracts

The Proposed Transaction. The parties intend to effect a strategic business combination through the merger of CB Bancshares with and into Central Pacific (the “Merger”), with Central Pacific the surviving corporation (the “Surviving Corporation”).

The Proposed Transaction. The parties intend to effect a strategic business combination through the merger of CB Bancshares with and into Central Pacific (the “"Merger”"), with Central Pacific the surviving corporation (the “"Surviving Corporation”").