UNITED STATES OF AMERICA BEFORE THESeptember 16th, 2010
FiledSeptember 16th, 2010WHEREAS, in recognition of their common goal to maintain the financial soundness of Guaranty Development Company, Livingston, Montana ("Guaranty"), a registered bank holding company, and its subsidiary bank, American Bank, Bozeman, Montana (the "Bank"), a state chartered bank that is a member of the Federal Reserve System, Guaranty, the Bank, the Federal Reserve Bank of Minneapolis (the "Reserve Bank"), and the Montana Division of Banking and Financial Institutions (the "Division") have mutually agreed to enter into this Written Agreement (the "Agreement"); and[PageBreak]