Common Contracts

VALLEY COMMUNITY BANK

Valley Community • June 2nd, 2022 • New York

• Contract Type
  Valley Community
• Filed
  June 2nd, 2022
• Jurisdiction
  New York

Valley Community Bank, a California state bank (the “Company”), and the United States Department of the Treasury (the “Selling Shareholder”) each confirms its agreement (this “Agreement”) with the placement agents set forth on Schedule A hereto (the “Placement Agents”) with respect to the direct sale by the Selling Shareholder to one or more Winning Bidders (as defined in Section 2(a) hereof) and the placement, as agent of the Selling Shareholder, by the Placement Agents of 5,500 shares of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share, of the Company (the “Series A Preferred Stock”) and 275 shares of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, no par value per share, of the Company (the “Series B Preferred Stock” and, together with the Series A Preferred Stock, the “Securities”).