Common use of Principal Shareholders Clause in Contracts

Principal Shareholders. To the Knowledge of 1st Financial, no person, entity or group directly or indirectly owns, beneficially or of record, more than 5% of the outstanding shares of 1st Financial Common Stock. All outstanding shares of 1st Financial Preferred Stock are owned by UST.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (1st Financial Services CORP), Merger Agreement

Principal Shareholders. To the Knowledge of 1st Financial, no person, entity or group directly or indirectly owns, beneficially or of record, more than 5% of the outstanding shares of 1st Financial Common Stock. All outstanding shares of 1st Financial Preferred Stock are owned by USTthe United States Department of the Treasury.

Appears in 1 contract

Sources: Merger Agreement (1st Financial Services CORP)