Common use of First Place Common Stock Clause in Contracts

First Place Common Stock. Except for shares of First Place Common ------------------------ Stock owned by FFY or any of its Subsidiaries (other than Trust Account Shares and DPC Shares), which shall be converted into treasury stock of First Place as contemplated by Section 1.4 hereof, the shares of First Place Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and at the Effective Time, such shares shall remain issued and outstanding.

Appears in 2 contracts

Sources: Merger Agreement (Ffy Financial Corp), Merger Agreement (First Place Financial Corp /De/)