FIRST AMENDMENT TO THE AGREEMENT AND PLAN OF MERGERThe Agreement and Plan of Merger • May 7th, 2014 • Oconee Federal Financial Corp. • Savings institution, federally chartered
THIS AMENDMENT TO THE AGREEMENT AND PLAN OF MERGER, dated as of May 6, 2014 (the “First Amendment”), is by and among (i) Oconee Federal, MHC, a federally chartered mutual holding company (“Oconee MHC”), Oconee Federal Financial Corp., a federally chartered subsidiary savings and loan holding company corporation (“OFED”), and Oconee Federal Savings and Loan Association, a federally chartered stock savings association (“Oconee Federal”), and (ii) Stephens Federal Bank, a federally chartered mutual savings association (“Stephens Federal”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement (as defined below).
