Material Contracts Preferred Trust Securities, Placement and Debenture agreements UNITED BANCSHARES, INC. 10,000 Capital Securities Fixed/Floating Rate Capital Securities (Liquidation Amount $1,000.00 per Capital Security) PLACEMENT AGREEMENTEmployment Agreement • March 25th, 2005 • United Bancshares Inc/Oh • National commercial banks • New York
United Bancshares, Inc., an Ohio corporation (the “Company”), and its financing subsidiary, United (OH) Statutory Trust I, a Connecticut statutory trust (the “Trust”, and hereinafter together with the Company, the “Offerors”), hereby confirm their agreement (this “Agreement”) with you as placement agents (the “Placement Agents”), as follows:
