Common use of CONVERSION AND OFFERING Clause in Contracts

CONVERSION AND OFFERING. Fox Chase MHC (the “MHC”), Fox Chase Bancorp, Inc. (the “Mid-Tier”) and the Bank will effect the Conversion by undergoing a series of transactions and forming the Stock Company (the MHC, the Mid-Tier, the Bank and the Stock Company are together referred to herein as the “Company”). The common stock of the Stock Company (the “Common Stock”) will be offered for sale on a priority basis in a subscription offering with any remaining shares expected to be sold in a community offering and, if necessary, a syndicated community offering or public underwritten offering (collectively, the “Offering”). In connection therewith, the MHC’s, the Mid-Tier’s and the Bank’s Board of Directors will adopt a plan of conversion and reorganization (the “Plan”). Xxxxxx Xxxxxxxx will act as Records Agent to the Company with respect to the subscription and community offerings. Specific terms of services shall be set forth in the Data Processing Records Management Engagement Terms (the “Terms”), which is an integral part of this letter and is incorporated herein. In the event of any conflict between this letter and the Terms, the Terms shall control. Pursuant to a separate engagement letter by and between Xxxxxx Xxxxxxxx and the MHC and the Mid-Tier, Xxxxxx Xxxxxxxx will serve as conversion advisor and marketing agent for the Company in connection with the Conversion and Offering.

Appears in 2 contracts

Samples: Records Processing Services Agreement (Fox Chase Bancorp Inc), Records Processing Services Agreement (Fox Chase Bancorp Inc)

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CONVERSION AND OFFERING. Fox Chase Colonial Bankshares, MHC (the “MHC”), Fox Chase BancorpColonial Bankshares, Inc. (the “Mid-Tier”) and the Bank will effect the Conversion by undergoing a series of transactions and forming the Stock Company (the MHC, the Mid-Tier, the Bank and the Stock Company are together referred to herein as the “Company”). The common stock of the Stock Company (the “Common Stock”) will be offered for sale on a priority basis in a subscription offering with any remaining shares expected to be sold in a community offering and, if necessary, a syndicated community offering or public pubic underwritten offering (collectively, the “Offering”). In connection therewith, the MHC’s, the Mid-Tier’s and the Bank’s Board of Directors will adopt a plan of conversion and reorganization (the “Plan”). Xxxxxx Xxxxxxxx will act as Records Agent to the Company with respect to the subscription and community offerings. Specific terms of services shall be set forth in the Data Processing Records Management Engagement Terms (the “Terms”), which is an integral part of this letter and is incorporated herein. In the event of any conflict between this letter and the Terms, the Terms shall control. Pursuant to a separate engagement letter by and between Xxxxxx Xxxxxxxx and the MHC and the Mid-Tier, Xxxxxx Xxxxxxxx will serve as conversion advisor and marketing agent for the Company in connection with the Conversion and Offering.

Appears in 1 contract

Samples: Records Processing Services Agreement (Colonial Financial Services, Inc.)

CONVERSION AND OFFERING. Fox Chase Oneida Financial, MHC (the “MHC”), Fox Chase Bancorp, Inc. Oneida Financial Corp. (the “Mid-Tier”) and the Bank will effect the Conversion by undergoing a series of transactions and forming the Stock Company (the MHC, the Mid-Tier, the Bank and the Stock Company are together referred to herein as the “Company”). The common stock of the Stock Company (the “Common Stock”) will be offered for sale on a priority basis in a subscription offering with any remaining shares expected to be sold in a community offering and, if necessary, a syndicated community offering or public pubic underwritten offering (collectively, the “Offering”). In connection therewith, the MHC’s, the Mid-Tier’s and the Bank’s Board of Directors will adopt a plan of conversion and reorganization (the “Plan”). Xxxxxx Xxxxxxxx will act as Records Agent to the Company with respect to the subscription and community offerings. Specific terms of services shall be set forth in the Data Processing Records Management Engagement Terms (the “Terms”), which is an integral part of this letter and is incorporated herein. In the event of any conflict between this letter and the Terms, the Terms shall control. Pursuant to a separate engagement letter by and between Xxxxxx Xxxxxxxx and the MHC and the Mid-Tier, Xxxxxx Xxxxxxxx will serve as conversion advisor and marketing agent for the Company in connection with the Conversion and Offering.

Appears in 1 contract

Samples: Records Processing Services Agreement (Oneida Financial Corp.)

CONVERSION AND OFFERING. Fox Chase SI Bancorp, MHC (the “MHC”), Fox Chase BancorpSI Financial Group, Inc. (the “Mid-Tier”) and the Bank will effect the Conversion by undergoing a series of transactions and forming the Stock Company (the MHC, the Mid-Tier, the Bank and the Stock Company are together referred to herein as the “Company”). The common stock of the Stock Company (the “Common Stock”) will be offered for sale on a priority basis in a subscription offering with any remaining shares expected to be sold in a community offering and, if necessary, a syndicated community offering or public pubic underwritten offering (collectively, the “Offering”). In connection therewith, the MHC’s, the Mid-Tier’s and the Bank’s Board of Directors will adopt a plan of conversion and reorganization (the “Plan”). Xxxxxx Stixxx Xxxxxxxx will xxll act as Records Agent to the Company with respect to the subscription and community offerings. Specific terms of services shall be set forth in the Data Processing Records Management Engagement Terms (the “Terms”), which is an integral part of this letter and is incorporated herein. In the event of any conflict between this letter and the Terms, the Terms shall control. Pursuant to a separate engagement letter letters by and between Xxxxxx Stixxx Xxxxxxxx and xxd the MHC and the Mid-Tier, Xxxxxx Stixxx Xxxxxxxx will xxll serve as conversion advisor and marketing agent for the Company in connection with the Conversion and OfferingOffering and financial advisor in connection with the potential acquisition.

Appears in 1 contract

Samples: Records Processing Services Agreement (SI Financial Group, Inc.)

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CONVERSION AND OFFERING. Fox Chase Atlantic Coast Federal, MHC (the “MHC”), Fox Chase Bancorp, Inc. Atlantic Coast Federal Corporation (the “Mid-Tier”) and the Bank will effect the Conversion by undergoing a series of transactions and forming the Stock Company (the MHC, the Mid-Tier, the Bank and the Stock Company are together referred to herein as the “Company”). The common stock of the Stock Company (the “Common Stock”) will be offered for sale on a priority basis in a subscription offering with any remaining shares expected to be sold in a community offering and, if necessary, a syndicated community offering or public pubic underwritten offering (collectively, the “Offering”). In connection therewith, the MHC’s, the Mid-Tier’s and the Bank’s Board of Directors will adopt a plan of conversion and reorganization (the “Plan”). Xxxxxx Xxxxxxxx will act as Records Agent to the Company with respect to the subscription and community offerings. Specific terms of services shall be set forth in the Data Processing Records Management Engagement Terms (the “Terms”), which is an integral part of this letter and is incorporated herein. In the event of any conflict between this letter and the Terms, the Terms shall control. Pursuant to a separate engagement letter by and between Xxxxxx Xxxxxxxx and the MHC and the Mid-Tier, Xxxxxx Xxxxxxxx will serve as conversion advisor and marketing agent for the Company in connection with the Conversion and Offering.

Appears in 1 contract

Samples: Records Processing Services Agreement (Atlantic Coast Financial CORP)

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