SETTLEMENT AGREEMENTSettlement Agreement • March 21st, 2016 • PL Capital, LLC • National commercial banks • Virginia
Contract Type FiledMarch 21st, 2016 Company Industry JurisdictionThis SETTLEMENT AGREEMENT (this “Agreement”) is made and entered into as of March 16, 2016, by and among (a) Old Point Financial Corporation, a Virginia corporation (the “Company”); (b) Financial Edge Fund, L.P., a Delaware limited partnership, Financial Edge-Strategic Fund, L.P., a Delaware limited partnership, PL Capital/Focused Fund, L.P., a Delaware limited partnership, PL Capital, LLC, a Delaware limited liability company (“PL Capital”), PL Capital Advisors, LLC, a Delaware limited liability company (“PL Capital Advisors”), Goodbody/PL Capital, L.P., a Delaware limited partnership, Goodbody/PL Capital, LLC, a Delaware limited liability company (“Goodbody/PL LLC”), John W. Palmer and Richard J. Lashley, as Managing Members of PL Capital, PL Capital Advisors and Goodbody/PL LLC (collectively, the “PL Capital Group”); and (c) Mr. William F. Keefe (“Mr. Keefe”). The Company, the PL Capital Group and Mr. Keefe are each referred to herein as a “Party” and collectively, as the “Parties.”
SETTLEMENT AGREEMENTSettlement Agreement • March 17th, 2016 • Old Point Financial Corp • National commercial banks • Virginia
Contract Type FiledMarch 17th, 2016 Company Industry JurisdictionThis SETTLEMENT AGREEMENT (this "Agreement") is made and entered into as of March 16, 2016, by and among (a) Old Point Financial Corporation, a Virginia corporation (the "Company"); (b) Financial Edge Fund, L.P., a Delaware limited partnership, Financial Edge-Strategic Fund, L.P., a Delaware limited partnership, PL Capital/Focused Fund, L.P., a Delaware limited partnership, PL Capital, LLC, a Delaware limited liability company ("PL Capital"), PL Capital Advisors, LLC, a Delaware limited liability company ("PL Capital Advisors"), Goodbody/PL Capital, L.P., a Delaware limited partnership, Goodbody/PL Capital, LLC, a Delaware limited liability company ("Goodbody/PL LLC"), John W. Palmer and Richard J. Lashley, as Managing Members of PL Capital, PL Capital Advisors and Goodbody/PL LLC (collectively, the "PL Capital Group"); and (c) Mr. William F. Keefe ("Mr. Keefe"). The Company, the PL Capital Group and Mr. Keefe are each referred to herein as a "Party" and collectively, as the "Parties."