Common use of Heritage Clause in Contracts

Heritage. Heritage is a corporation duly organized and existing in good standing under the laws of the State of Washington, with its principal executive offices located in Olympia, Washington. Heritage is a registered bank holding company under the Bank Holding Company Act of 1956, as amended. As of the date of this Plan, Heritage has 2,500,000 authorized shares of preferred stock, no par value per share, of which none of these shares are issued or outstanding, and Heritage has 15,000,000 authorized shares of common stock, no par value per share ("Heritage Common Stock"), of which 9,781,082 shares of Heritage Common Stock are issued and outstanding as of June 30, 1998. As of June 30, 1998, Heritage had capital of $93,862,000 divided into common stock and surplus of $70,509,000 and undivided profits of $23,353,000.

Heritage. Heritage is a corporation duly organized and existing in good standing under the laws of the State of Washington, with its principal executive offices located in Olympia, Washington. Heritage is a registered bank holding company under the Bank Holding Company Act of 1956, as amended. As of the date of this Plan, Heritage has 2,500,000 authorized shares of preferred stock, no par value per share, of which none of these shares are issued or outstanding, and Heritage has 15,000,000 authorized shares of common stock, no par value per share ("Heritage Common Stock"), of which 9,781,082 shares of Heritage Common Stock are issued and outstanding as of June 30, 1998. 1998 As of June 30, 1998, Heritage had capital of $93,862,000 divided into common stock and surplus of $70,509,000 and undivided profits of $23,353,000.