AGREEMENT AND PLAN OF MERGER By and Among CHEVIOT FINANCIAL CORP. CHEVIOT MERGER SUBSIDIARY, INC. CHEVIOT SAVINGS BANK And FIRST FRANKLIN CORPORATION And THE FRANKLIN SAVINGS AND LOAN COMPANY Dated as of October 12, 2010Agreement and Plan of Merger • October 13th, 2010 • First Franklin Corp • Savings institutions, not federally chartered • Ohio
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of October 12, 2010, is by and among (i) Cheviot Financial Corp., a Federal corporation (“Cheviot Financial”), Cheviot Merger Subsidiary, Inc., a wholly owned subsidiary of Cheviot Financial incorporated under the laws of the State of Delaware (“Cheviot Merger Subsidiary”), Cheviot Savings Bank, an Ohio-chartered savings and loan association and a wholly owned subsidiary of Cheviot Financial (“Cheviot Savings Bank”), and (ii) First Franklin Corporation, a Delaware corporation (“First Franklin”) and The Franklin Savings and Loan Company, an Ohio chartered savings and loan association and a wholly owned subsidiary of First Franklin (“Franklin Savings”). Each of Cheviot Financial, Cheviot Merger Subsidiary, Cheviot Savings Bank, First Franklin and Franklin Savings is sometimes individually referred to herein as a “party,” and all of them are sometimes collectively referred to herein as the “parties.”
