SUBSCRIPTION AND REGISTRATION RIGHTS AGREEMENT THE SAVANNAH BANCORP, INC. Private Offering of up to 400,000 Shares of Common StockSubscription and Registration Rights Agreement • August 31st, 2005 • Savannah Bancorp Inc • National commercial banks • Georgia
This Subscription and Registration Rights Agreement (this "Agreement"), made as of the date set forth below by and between The Savannah Bancorp, Inc., a Georgia corporation (the "Company"), and the undersigned (the "Subscriber"), is intended to set forth certain representations, covenants and agreements between the Company and the Subscriber, with respect to the offering (the "Offering") for sale by the Company of shares (the "Shares") of the Company's common stock, par value $1.00 per share (the "Common Stock"), as described in the Company's Private Placement Memorandum dated August 12, 2005 (the "Memorandum"), a copy of which has been delivered to the Subscriber. The Shares are being offered by the Company through Sterne, Agee & Leach, Inc., as placement agent (the "Placement Agent").
SUBSCRIPTION AND REGISTRATION RIGHTS AGREEMENTSubscription and Registration Rights Agreement • August 31st, 2005 • Savannah Bancorp Inc • National commercial banks
WHEREAS, the undersigned Subscriber has previously executed a Subscription and Registration Rights Agreement (the “Agreement”) with The Savannah Bancorp, Inc. (the “Company”) for the purchase of shares of common stock, par value of $1.00 per share, (the “Shares”) pursuant to that certain Confidential Private Placement Memorandum dated August 12, 2005 (the “Memorandum”); and
