EMPLOYMENT AGREEMENT AMENDMENTEmployment Agreement • December 22nd, 2011 • Highlands Bancorp, Inc. • State commercial banks
This Employment Agreement Amendment (the “Amendment”) is made as of December 20, 2011 by and between Highlands Bancorp, Inc. (the “Company”), Highlands State Bank (the “Bank”), each with its principal office located at 310 Route 94, Vernon, NJ 07462 (the Company and the Bank are hereinafter jointly referred to as “Employer”), and George E. Irwin, (hereinafter referred to as “Employee”).
United States Department of the TreasurySecurities Purchase Agreement • September 26th, 2011 • Highlands Bancorp, Inc. • State commercial banks
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms (the “Securities Purchase Agreement”), dated as of the date set forth on Schedule A hereto, between the United States Department of the Treasury (the “Investor”) and the company set forth on Schedule A hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement. Pursuant to the Securities Purchase Agreement, at the Closing, the Company issued to the Investor the number of shares of the series of its preferred stock set forth on Schedule A hereto (the “Preferred Shares”) and a warrant to purchase the number of shares of the series of its preferred stock set forth on Schedule A hereto (such shares, the “Warrant Shares”), which was exercised by the Investor at Closing.
UNITED STATES DEPARTMENT OF THE TREASURY Washington, D.C. 20220 August 31, 2010Securities Purchase Agreement • September 7th, 2010 • Highlands Bancorp, Inc.
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement -- Standard Terms dated as of May 8, 2009 and the Securities Purchase Agreement -- Standard Terms dated as of December 22, 2009 (collectively the “Securities Purchase Agreement”) by and among the United States Department of the Treasury (the “Investor”) and Highlands State Bank (the “Company”). Further reference is made to those certain Certificates of Amendment filed by the Company with the New Jersey Department of Banking and Insurance on May 8, 2009 and December 18, 2009 with respect to the Preferred Stock and the Warrant Preferred Stock (the “Company Certificates of Designations”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement and the Company Certificates of Designations. The Investor and the Company desire to set forth herein certain additional agreements regarding a Holding Company Transaction between the
SMALL BUSINESS LENDING FUND – SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 26th, 2011 • Highlands Bancorp, Inc. • State commercial banks • New York
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made as of the Effective Date set forth above (the “Signing Date”) between the Secretary of the Treasury (“Treasury”) and the Company named above (the “Company”), an entity existing under the laws of the Jurisdiction of Organization stated above in the Organizational Form stated above. The Company has elected to participate in Treasury’s Small Business Lending Fund program (“SBLF”). This Agreement contains the terms and conditions on which the Company intends to issue preferred stock to Treasury, which Treasury will purchase using funds appropriated under SBLF.
EMPLOYMENT AGREEMENT AMENDMENTEmployment Agreement • September 7th, 2010 • Highlands Bancorp, Inc. • New Jersey
This Employment Agreement Amendment (the “Amendment”) is made as of May 19, 2009, by and between Highlands State Bank, with its principal office located at 310 Route 94, Vernon, NJ 07462 (hereinafter referred to as “Employer”), George E. Irwin, residing at 12 Woodstock Drive, Sussex, NJ 07461 (hereinafter referred to as “Employee”).
