INTERCONTINENTAL BANK SHARES CORPORATIONCoastal Bancshares Acquisition Corp. • November 7th, 2006 • National commercial banks
Reference is made to that certain Agreement and Plan of Reorganization dated April 5, 2006, as amended by the First Amendment to Agreement and Plan of Reorganization (together the “Agreement”), by and between Coastal Bancshares Acquisition Corp. (the “Parent”) and Intercontinental Bank Shares Corporation (the “Company”). Capitalized terms used but not defined in this letter shall have the meaning assigned such term in the Agreement.
