Common use of Prospectus/Proxy Statement Clause in Contracts

Prospectus/Proxy Statement. At the time the Registration -------------------------- Statement becomes effective and at the time the Prospectus/Proxy Statement is mailed to the shareholders of the Company and Ambanc for the solicitation of proxies for the approvals referred to in Section 1.7 hereof and at all times subsequent to such mailings up to and including the times of such approval, such Registration Statement and Prospectus/Proxy Statement (including any amendments or supplements thereto), with respect to all information set forth therein relating to Ambanc (including the Ambanc Subsidiaries), its shareholders and representatives, Ambanc Common Stock, this Agreement, the Merger and all other transactions contemplated hereby, will: (a) comply in all material respects with applicable provisions of the 1933 Act, the 1934 Act and the rules and regulations under such Acts; and (b) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements contained therein, in light of the circumstances under which it is made, not misleading.

Prospectus/Proxy Statement. At the time the -------------------------- Registration -------------------------- Statement becomes effective and at the time the Prospectus/Proxy Statement is mailed to the shareholders of the Company and Ambanc for the solicitation of proxies for the approvals approval referred to in Section 1.7 1.9 hereof and at all times subsequent to such mailings up to and including the times of such approval, such Registration Statement and Prospectus/Proxy Statement (including any amendments or supplements thereto), with respect to all information set forth therein relating to Ambanc Patapsco (including the Ambanc Patapsco Subsidiaries)) and its shareholders, its shareholders and representativesPatapsco common stock, Ambanc Common the Preferred Stock, this Agreement, the Company Merger and all other transactions contemplated hereby, will: (a) comply in all material respects with applicable provisions of the 1933 Act, the 1934 Act and the rules and regulations under such Acts; and (b) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements contained therein, in light of the circumstances under which it is made, not misleading.

Prospectus/Proxy Statement. At the time the Registration -------------------------- Statement becomes effective and at the time the Prospectus/Proxy Statement is mailed to the shareholders of the Company and Ambanc for the solicitation of proxies for the approvals approval referred to in Section 1.7 hereof and at all times subsequent to such mailings up to and including the times of such approval, such Registration Statement and Prospectus/Proxy Statement (including any amendments or supplements thereto), with respect to all information set forth therein relating to Ambanc Commercial (including the Ambanc Commercial Subsidiaries), its shareholders and representatives, Ambanc Commercial Common Stock, this Agreement, the Merger and all other transactions contemplated hereby, will: (a) comply in all material respects with applicable provisions of the 1933 Act, the 1934 Act and the rules and regulations under such Acts; and (b) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements contained therein, in light of the circumstances under which it is made, not misleading.

Prospectus/Proxy Statement. At the time the Registration -------------------------- Statement becomes effective and at the time the Prospectus/Proxy Statement is mailed to the shareholders of the Company and Ambanc for the solicitation of proxies for the approvals approval referred to in Section 1.7 1.7(a) hereof and at all times subsequent to such mailings up to and including the times of such approval, such Registration Statement and Prospectus/Proxy Statement (including any amendments or supplements thereto), with respect to all information set forth therein relating to Ambanc Commercial (including the Ambanc Commercial Subsidiaries)) and its shareholders, its shareholders and representatives, Ambanc Commercial Common Stock, this Agreement, the Merger and all other transactions contemplated hereby, will: (a) comply in all material respects with applicable provisions of the 1933 Act, the 1934 Act and the rules and regulations under such Acts; and (b) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements contained therein, in light of the circumstances under which it is made, not misleading.