Common use of Material Interests of Certain Persons Clause in Contracts

Material Interests of Certain Persons. (a) Except as set forth ------------------------------------- in Selling Stockholder's Form 10-K for the fiscal year ended December 31, 1996, to the best knowledge of Seller no officer or director of Seller or any Subsidiary of Seller or any "associate" (as such term is defined in Rule 14a-1 under the Exchange Act) of any such officer or director has any material interest in any material contract or property (real or personal, tangible or intangible), used in, or pertaining to the business of, Seller or any Subsidiary of Seller, which would be required to be so disclosed if Seller or any such Subsidiary were required to disclose such information pursuant to Item 404 of Regulation S-K promulgated by the SEC. (b) Except as set forth on Schedule 2.15B, there are no loans from Seller or any Seller Subsidiary to any present officer, director, employee or any associate or related interest of any such person which was or would be required under any rule or regulation to be approved by or reported to Seller's or Seller Bank's Board of Directors ("Seller Insider Loans"). All outstanding Seller Insider Loans from Seller or Seller Bank were approved by or reported to the appropriate partner or board of directors in accordance with applicable law and regulations.

Material Interests of Certain Persons. (a) Except as set forth ------------------------------------- in Selling StockholderSeller's Form 10-K Proxy Statement for the fiscal year ended December 31, 1996its 1998 Annual Meeting of Stockholders, to the best knowledge of Seller Seller, no officer or director of Seller or any Subsidiary of Seller Seller, or any "associate" (as such term is defined in Rule 14a-1 under the Exchange Act) of any such officer or director director, has any material interest in any material contract or property (real or personal, tangible or intangible), used in, or pertaining to the business of, Seller or any Subsidiary of Seller, which would be in the case of Seller is required to be so disclosed if Seller or any such Subsidiary were required to disclose such information pursuant to by Item 404 of Regulation S-K promulgated by the SEC. (b) Except as set forth on Schedule 2.15B, there are no loans SEC or in the case of any such Subsidiary would be required to be so disclosed if such Subsidiary had a class of securities registered under Section 12 of the Exchange Act. Each outstanding loan from Seller or any Seller Subsidiary to any present officer, director, employee or any associate or related interest of any such person which was or would be required under any rule or regulation to be approved by or reported to Seller's or Seller BankSubsidiary's Board of Directors ("Seller Insider Loans"). All outstanding Seller Insider Loans from Seller or Seller Bank were ) was approved by or reported to the appropriate partner or board of directors in accordance with applicable law and regulations. Except as set forth on Schedule 2.15B, no Insider Loan has a principal balance as of the date hereof in excess of $250,000 or a line of credit in excess of $100,000.

Material Interests of Certain Persons. (a) Except as set forth ------------------------------------- in Selling StockholderSeller's Form 10-K Proxy Statement for the fiscal year ended December 31, 1996its 1997 Annual Meeting of Stockholders, to the best knowledge of Seller Seller, no officer or director of Seller or any Subsidiary of Seller Seller, or any "associate" (as such term is defined in Rule 14a-1 under the Exchange Act) of any such officer or director director, has any material interest in any material contract or property (real or personal, tangible or intangible), used in, or pertaining to the business of, Seller or any Subsidiary of Seller, which would be in the case of Seller is required to be so disclosed if Seller or any such Subsidiary were required to disclose such information pursuant to by Item 404 of Regulation S-K promulgated by the SECSEC or in the case of any such Subsidiary would be required to be so disclosed if such Subsidiary had a class of securities registered under Section 12 of the Exchange Act. (b) Except as set forth on Schedule 2.15B, there are no loans Each outstanding loan from Seller or any Seller Subsidiary to any present officer, director, employee or any associate or related interest of any such person which was or would be required under any rule or regulation to be approved by or reported to Seller's or Seller BankSubsidiary's Board of Directors ("Seller Insider Loans"). All outstanding Seller Insider Loans from Seller or Seller Bank were ) was approved by or reported to the appropriate partner or board of directors in accordance with applicable law and regulations. Except as set forth on Schedule 2.15B, no Insider Loan has a principal balance as of the date hereof in excess of $250,000 or a line of credit in excess of $100,000.

Material Interests of Certain Persons. (a) Except as set forth ------------------------------------- in Selling StockholderSeller's Form 10-K Proxy Statement for the fiscal year ended December 31, 1996its 1995 Annual Meeting of Stockholders, to the best knowledge of Seller Seller, no officer or director of Seller or any Subsidiary of Seller Seller, or any "associate" (as such term is defined in Rule 14a-1 l4a-1 under the Exchange Act) of any such officer or director director, has any material interest in any material contract or property (real or personal, tangible or intangible), used in, or pertaining to the business of, Seller or any Subsidiary of Seller, which would be in the case of Seller is required to be so disclosed if Seller or any such Subsidiary were required to disclose such information pursuant to by Item 404 of Regulation S-K promulgated by the SECSEC or in the case of any such Subsidiary would be required to be so disclosed if such Subsidiary had a class of securities registered under Section 12 of the Exchange Act. (b) Except as set forth in Seller's Proxy Statement for its 1995 Annual Meeting of Stockholders or on Schedule 2.15B, as of June 30, 1995, there are no loans from Seller or any Seller Subsidiary to any present officer, director, employee or any associate or related interest of any such person which was or would be required under any rule or regulation to be approved by or reported to Seller's or Seller BankSubsidiary's Board of Directors ("Seller Insider Loans"), and no Insider Loans in excess of $500,000 have been made since June 30, 1995. All outstanding Seller Insider Loans from Seller or any Seller Bank Subsidiary were approved by or reported to the appropriate partner or board of directors in accordance with applicable law and regulations.