GUARANTY BANKATLANTIC BANCORP, INC. Ft. Lauderdale, Florida 33309Letter Agreement • August 3rd, 2012 • BFC Financial Corp • Savings institution, federally chartered • New York
Contract Type FiledAugust 3rd, 2012 Company Industry JurisdictionReference is made to (a) that certain Stock Purchase Agreement, dated as of November 1, 2011 (as amended as of March 13, 2012, and as it may be further amended, supplemented or otherwise modified from time to time, the “Purchase Agreement”), between BB&T Corporation (“BB&T” or “you”) and BankAtlantic Bancorp, Inc. (“BBX”, “we” or “us”) and (b) the Amended and Restated Limited Liability Company Agreement of Newco, LLC contemplated to be entered into by Newco LLC, Purchaser Member and Seller Member in connection with, and attached as an exhibit to, the March 13, 2012 amendment to the Purchase Agreement (such Amended and Restated Limited Liability Company Agreement, as it may be further amended, supplemented or otherwise modified from time to time, the “LLC Agreement”).
GUARANTYLetter Agreement • August 3rd, 2012 • Bankatlantic Bancorp Inc • Savings institution, federally chartered • New York
Contract Type FiledAugust 3rd, 2012 Company Industry JurisdictionReference is made to (a) that certain Stock Purchase Agreement, dated as of November 1, 2011 (as amended as of March 13, 2012, and as it may be further amended, supplemented or otherwise modified from time to time, the “Purchase Agreement”), between BB&T Corporation (“BB&T” or “you”) and BankAtlantic Bancorp, Inc. (“BBX”, “we” or “us”) and (b) the Amended and Restated Limited Liability Company Agreement of Newco, LLC contemplated to be entered into by Newco LLC, Purchaser Member and Seller Member in connection with, and attached as an exhibit to, the March 13, 2012 amendment to the Purchase Agreement (such Amended and Restated Limited Liability Company Agreement, as it may be further amended, supplemented or otherwise modified from time to time, the “LLC Agreement”).