EXHIBIT 1.3
[crescent logo]
CRESCENT FINANCIAL CORPORATION
SUBSCRIPTION AGREEMENT
Subject to the terms of the subscription offering described in the Crescent
Financial Corporation prospectus dated , 2002, I hereby subscribe
for the number of shares of common stock of Crescent Financial Corporation, a
North Carolina corporation ("Crescent") set forth below for a purchase price of
$ per share. Enclosed with this Subscription Agreement is my check or money
order made payable to "Crescent Financial Corporation" evidencing $ for
each share subscribed for, which funds are to be held in escrow as described in
Crescent's prospectus.
I understand that my subscription is conditioned upon acceptance by
Crescent. I further understand that Crescent, in its sole discretion, may
reject my subscription in whole or in part and may allot to me fewer shares
than I have subscribed for. In the event the subscription offering is
terminated, funds paid under this Subscription Agreement will be returned to me
with no interest earned.
I certify that I have read the prospectus and that I am relying on no
representations other than those set forth in the prospectus. I understand that
when this Subscription Agreement is executed and delivered, it is irrevocable
and binding upon me. I further understand and agree that my right to purchase
shares hereunder may not be assigned or transferred to any third party without
the express written consent of Crescent.
I HAVE READ AND UNDERSTAND THIS SUBSCRIPTION AGREEMENT.
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Signature * Additional Signature
(if required)
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Date
* If joint tenancy, tenancy-by-the-entirety or tenants in common is desired,
both names and signatures are required; if a corporation, this Agreement must
be executed by its president; if a trust, by all trustees; if by a
partnership, by any general partner.
Please complete the reverse side.
Accepted by:
CRESCENT FINANCIAL CORPORATION
By: -------------------------
Name: _________________ Date: _________________
Title: ________________
CRESCENT FINANCIAL CORPORATION
STOCK REGISTRATION FORM
(Please Print)
Number of Shares Subscribed: ________________________________________________
Aggregate Price Included ($ per share): ___________________________________
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Name(s) in which stock is to be registered
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Address (Street or Post Office Box)
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City, State and Zip Code
( ) ( )
------------------------- -------------------------
Daytime Phone Evening Phone
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Taxpayer I.D. (Social -------------------------
Security Number) Email Address
Legal form of ownership:
[_] Individual [_] Joint Tenants with Right
of Survivorship
[_] Tenants in Common [_] Uniform Transfers to
Minors
[_] Tenancy-by-the-entirety [_] Other: ________________
CRESCENT FINANCIAL CORPORATION
Attention: Corporate Secretary
0000 Xxxx Xxxxx Xxxx
Xxxx, Xxxxx Xxxxxxxx 00000
Any questions concerning subscriptions or the subscription offering may be
directed to the above address or to at (000) 000-0000.
