CATHAY GENERAL BANCORP (a Delaware corporation) 7,614,571 Shares of Common Stock PURCHASE AGREEMENTPurchase Agreement • October 14th, 2009 • Cathay General Bancorp • State commercial banks • New York
Cathay General Bancorp, a Delaware corporation (the “Company”), confirms its agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (the “Underwriter”) with respect to (i) the sale by the Company and the purchase by the Underwriter of the number of shares of Common Stock, par value $0.01 per share, of the Company (“Common Stock”) set forth in Schedule A hereto and (ii) the grant by the Company to the Underwriter of the option described in Section 2(b) hereof to purchase all or any part of 1,142,185 additional shares of Common Stock to cover overallotments, if any. The aforesaid 7,614,571 shares of Common Stock (the “Initial Securities”) to be purchased by the Underwriter and all or any part of the 1,142,185 shares of Common Stock subject to the option described in Section 2(b) hereof (the “Option Securities”) are hereinafter called, collectively, the “Securities.”
