Metrocorp, Inc. - Page 6




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                    acquiring depository institution is not a                         
                    Savings Association Insurance Fund member, an                     
                    exit fee * * * which–-                                            
                              (I) shall be deposited in the                           
                         Savings Association Insurance Fund;                          
                         or                                                           
                              (II) shall be paid to the                               
                         Financing Corporation, if the                                
                         Secretary of the Treasury                                    
                         determines that the Financing                                
                         Corporation has exhausted all other                          
                         sources of funding for interest                              
                         payments on the obligations of the                           
                         Financing Corporation and orders                             
                         that such fees be paid to the                                
                         Financing Corporation;                                       
                         (ii) in the case of a conversion                             
                    transaction in which the resulting or                             
                    acquiring depository institution is not a                         
                    Bank Insurance Fund member, an exit fee in an                     
                    amount to be determined by the [Federal                           
                    Deposit Insurance] Corporation * * * which                        
                    shall be deposited in the Bank Insurance                          
                    Fund; and                                                         
                         (iii) an entrance fee in an amount to be                     
                    determined by the [Federal Deposit Insurance]                     
                    Corporation * * *, except that--                                  
                              (I) in the case of a                                    
                         conversion transaction in which the                          
                         resulting or acquiring depository                            
                         institution is a Bank Insurance                              
                         Fund member, the fee shall be the                            
                         approximate amount which the                                 
                         [Federal Deposit Insurance]                                  
                         Corporation calculates as necessary                          
                         to prevent dilution of the Bank                              
                         Insurance Fund, and shall be paid                            
                         to the Bank Insurance Fund; and                              
                              (II) in the case of a                                   
                         conversion transaction in which the                          
                         resulting or acquiring depository                            
                         institution is a Savings                                     





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Last modified: May 25, 2011