Common use of PURCHASE AND SALE OF CAPITAL SECURITIES Clause in Contracts

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust 6,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18, 2001, or such other business day as may be designated by the Purchaser, but in no event later than December 31, 2001 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. 1.1 Upon the execution of this Subscription Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust 6,000 15,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18October 29, 20012003, or such other business day as may be designated by the Purchaser, but in no event later than December 31November 5, 2001 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust 6,000 3,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 1819, 20012002, or such other business day as may be designated by the Purchaser, but in no event later than December 3120, 2001 2002 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust 6,000 10,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 1815, 20012004, or such other business day as may be designated by the Purchaser, but in no event later than December 31, 2001 2004 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust 6,000 10,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18, 2001, or such other business day as may be designated by the Purchaser, but in no event later than December 31, 2001 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.. Center Bancorp, Inc./Placement Agreement/Floating Rate

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust 6,000 15,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18October 29, 20012003, or such other business day as may be designated by the Purchaser, but in no event later than December 31November 5, 2001 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. 1.1 Upon the execution of this Subscription Agreement, the Purchaser hereby agrees to purchase from the Trust 6,000 15,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 184, 20012002, or such other business day as may be designated by the Purchaser, but in no event later than December 314, 2001 2002 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.

PURCHASE AND SALE OF CAPITAL SECURITIES. 1.1. Upon the execution of this Subscription Agreement, the Purchaser hereby subscribes for and agrees to purchase from the Trust 6,000 20,000 Capital Securities at a price equal to $1,000.00 per Capital Security (the "Purchase Price") and the Trust agrees to sell such Capital Securities to the Purchaser for said Purchase Price. The rights and preferences of the Capital Securities are set forth in the Declaration. The Purchase Price is payable in immediately available funds on December 18October 29, 20012003, or such other business day as may be designated by the Purchaser, but in no event later than December 31November 5, 2001 2003 (the "Closing Date"). The Offerors shall provide the Purchaser wire transfer instructions no later than 1 day following the date hereof.