Common use of Capital of Surviving Bank Clause in Contracts

Capital of Surviving Bank. The amount of capital stock of the Surviving Bank immediately following the Subsidiary Merger Effective Time shall be $_________, divided into ________ shares of common stock, each of $____ par value, and immediately following the Subsidiary Merger Effective Time, the Surviving Bank shall have a surplus of $_________ and undivided profits, including capital reserves, which, when combined with the capital and surplus, will be equal to the combined capital structures of Community and the Bank referred to in the preamble of this Agreement, adjusted, however, for normal earnings and expenses between December 31, 1997 and the Subsidiary Merger Effective Time.

Capital of Surviving Bank. The amount of capital stock of the Surviving Bank immediately following the Subsidiary Merger Effective Time shall be $_________, divided into ________ shares of common stock, each of $_______ par value, and immediately following the Subsidiary Merger Effective Time, the Surviving Bank shall have a surplus of $_________ and undivided profits, including capital reserves, which, when combined with the capital and surplus, will be equal to the combined capital structures of Community the Association and the Bank referred to in the preamble of this Agreement, adjusted, however, for normal earnings and expenses between December 31, 1997 and the Subsidiary Merger Effective Time.

Capital of Surviving Bank. The amount of capital stock of the Surviving Bank immediately following the Subsidiary Merger Effective Time shall be $_________, divided into ________ shares of common stock, each of $____ par value, and immediately following the Subsidiary Merger Effective Time, the Surviving Bank shall have a surplus of $_________ and undivided profits, including capital reserves, which, when combined with the capital and surplus, will be equal to the combined capital structures of Community the Association and the Bank referred to in the preamble of this Agreement, adjusted, however, for normal earnings and expenses between December 31___________ ____, 1997 1999 and the Subsidiary Merger Effective Time.