Common use of Shareholder and Member Approvals Clause in Contracts

Shareholder and Member Approvals. The affirmative votes of the holders of Mid-Tier Holding Company Common Stock, set forth in Section 3(e) of the Plan of Conversion and the Members set forth in Section 3(b) of the Plan of Conversion shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of the Mid-Tier Holding Company and the Mutual Holding Company, respectively. The approval of the Mid-Tier Holding Company, as the sole holder of the Association Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger, is a part, on behalf of the Association.

Shareholder and Member Approvals. The affirmative votes of the holders of Mid-Tier Holding Company Common Stock, set forth in Section 3(e) of the Plan of Conversion and the Members set forth in Section 3(b3(c) of the Plan of Conversion shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of the Mid-Tier Holding Company and the Mutual Holding Company, respectively. The approval of the Mid-Tier Holding Company, as the sole holder of the Association Bank Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger, is a part, on behalf of the AssociationBank.

Shareholder and Member Approvals. The affirmative votes of the holders of Mid-Tier Holding Company Common Stock, set forth in Section 3(e) 3 of the Plan of Conversion and the Members also set forth in Section 3(b) 3 of the Plan of Conversion shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of the Mid-Tier Holding Company and the Mutual Holding Company, respectively. The approval of the Mid-Tier Holding Company, as the sole holder of the Association Bank Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger, is a part, on behalf of the AssociationBank.

Shareholder and Member Approvals. The affirmative votes of the holders of Mid-Tier Holding Company Common Stock, set forth in Section 3(e) 3 of the Plan of Conversion and the Members set forth in Section 3(b) 3 of the Plan of Conversion shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of the Mid-Tier Holding Company and the Mutual Holding Company, respectively. The approval of the Mid-Tier Holding Company, as the sole holder of the Association Bank Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger, is a part, on behalf of the AssociationBank.