Common Contracts

EXCHANGE AGREEMENT

Exchange Agreement • August 21st, 2009 • New York

• Contract Type
  Exchange Agreement
• Filed
  August 21st, 2009
• Jurisdiction
  New York

EXCHANGE AGREEMENT, dated as of August 21, 2009 (this “Agreement”) by and among Popular, Inc., a Puerto Rico corporation (the “Company”), Popular Capital Trust III (the “Trust”), a Delaware statutory trust created under the Delaware Statutory Trust Act (as defined in the Trust Agreement), and the United States Department of the Treasury (the “Investor”). All capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Securities Purchase Agreement.