Common use of Calculation of Gain or Loss on Sale Clause in Contracts

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. Module 1 – Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 – Commercial Shared-Loss Agreement Springfield, Georgia December 8, 2010

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements First Georgia Banking Company Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT Franklin, Georgia April 27, 2011 received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. Module 1 – Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 – Commercial Shared-Loss Agreement Springfield, Georgia December 8, 2010.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-17 High Trust Bank Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT Stockbridge, Georgia April 27, 2011 Table of Contents received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. Module 1 – Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 – Commercial Shared-Loss Agreement Springfield, Georgia December 8, 2010.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. . Module 1 – Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 3.01 – Commercial SharedCOMMERCIAL SHARED-Loss Agreement Springfield, Georgia LOSS AGREEMENT December 8, 20100000 X-00 Xxx Xxxxxxxx Xxxx Xxxx Xxxxxxx, Xxxxxxx

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements Version 3.01– COMMERCIAL SHARED-LOSS AGREEMENT April 29, 0000 X-00 Xxxxx Xxxxxx Xxxxxxxxx Xxxx Xxxxxx, XX received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. Module 1 – Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 – Commercial Shared-Loss Agreement Springfield, Georgia December 8, 2010.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold. Module 1 – Fixed Price Whole Bank w/ Optional Shared Loss Agreements Citizens First Southern National Bank of Effingham Version 3.0 3.2 – Commercial Shared-Loss Agreement SpringfieldPURCHASE AND ASSUMPTION AGREEMENT Statesboro, Georgia December 8July 15, 20102011