Common use of FirstAmerica Stock Clause in Contracts

FirstAmerica Stock. The FirstAmerica Stock to be delivered to ------------------- the Shareholders at the Closing hereunder, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares of FirstAmerica's capital stock, fully paid and nonassessable, and, with the exception of restrictions upon resale, will be legally equivalent in all respects to the majority of the capital stock of FirstAmerica issued and outstanding as of the Closing Date.

FirstAmerica Stock. The shares of common stock of FirstAmerica Stock ------------------ to be delivered to ------------------- the Shareholders Company at the Closing hereunder, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares of FirstAmerica's capital stock, fully paid and nonassessable, and, with the exception of restrictions upon resale, will be legally equivalent in all respects to the majority of the capital stock of FirstAmerica issued and outstanding as of the Closing Date.

FirstAmerica Stock. The FirstAmerica Stock to be ------------------ delivered to ------------------- the Shareholders at the Closing hereunder, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares of FirstAmerica's capital stock, fully paid and nonassessable, and, with the exception of restrictions upon resale, will be legally equivalent in all respects to the majority of the capital stock of FirstAmerica issued and outstanding as of the Closing Date.