AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENTChange of Control Agreement • December 31st, 2008 • Central Jersey Bancorp • National commercial banks • New Jersey
THIS AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT (this “Agreement”), dated as of the 23rd day of December, 2008, is by and between CENTRAL JERSEY BANCORP, a New Jersey corporation (the “Company” or “Bancorp”), and ANTHONY GIORDANO, III (the “Executive”).
CENTRAL JERSEY BANCORP LETTERHEAD] December 19, 2008Securities Purchase Agreement • December 31st, 2008 • Central Jersey Bancorp • National commercial banks
As you know, Central Jersey Bancorp (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”) with the United States Department of Treasury (“Treasury”) that provides, among other things, for the Company’s participation in the Treasury’s TARP Capital Purchase Program (“CPP”). In the event that the Company does not participate or ceases at any time to participate in the CPP, this letter agreement shall be of no further force or effect.
