December 11, 1996 Board of Directors First Robinson Savings and Loan Association, FA 501 E Main Street Robinson, Illinois 62454 Dear Directors: This letter sets forth the agreement between First Robinson Savings and Loan Association, FA ("First...First Robinson Financial Corp • March 19th, 1997
This letter sets forth the agreement between First Robinson Savings and Loan Association, FA ("First Robinson"), Robinson, Illinois, and Ferguson & Co., LLP, ("F&C"), Irving, Texas, under the terms of which First Robinson has engaged F&C, in connection with its conversion from mutual to stock form, to (1) determine the pro forma market value of the shares of common stock to be issued and sold by First Robinson or its holding company; and (2) assist First Robinson in preparing a business plan to be filed with the application for approval to convert to stock.
