INTERVEST BANCSHARES CORPORATION ESCROW AGREEMENT THIS ESCROW AGREEMENT made as of this _____ day of _______, 1997, by and among Intervest Bancshares Corporation, a Delaware corporation with its principal offices at 10 Rockefeller Plaza, Suite 1015,...Escrow Agreement • August 12th, 1997 • Intervest Bancshares Corp • State commercial banks • New York
Sage, Rutty & Co., Inc. 183 East Main Street, 4th Floor Rochester, New York 14604 Dear Sirs: Intervest Bancshares Corporation, a Delaware corporation (the "Company"), hereby confirms its agreement with you (sometimes herein called the "Underwriter")...Underwriting Agreement • August 12th, 1997 • Intervest Bancshares Corp • State commercial banks • New York
SAGE, RUTTY & CO., INC. 183 East Main Street 4th Floor Rochester, New York 14604Selected Dealer Agreement • August 12th, 1997 • Intervest Bancshares Corp • State commercial banks • New York
WARRANT AGREEMENT Warrant Agreement dated as of ________________, 1997 between Intervest Bancshares Corporation, a Delaware corporation (the "Company") and The Bank of New York, a New York trust company (the "Warrant Agent"). By agreement dated as of...Warrant Agreement • August 12th, 1997 • Intervest Bancshares Corp • State commercial banks • Delaware
CUSIP No._______ INTERVEST BANCSHARES CORPORATION Series __/__/97 Class A Common Stock Purchase Warrant _______________ Warrants This certifies that, for value received, the registered holder hereof or registered assigns (the "Holder"), is entitled to...Warrant to Purchase Shares of Class a Common Stock • August 12th, 1997 • Intervest Bancshares Corp • State commercial banks
This certifies that, for value received, the registered holder hereof or registered assigns (the "Holder"), is entitled to purchase from Intervest Bancshares Corporation, a Delaware corporation (the "Company"), at any time or from time to time until 5:00 P.M., New York time, December 31, 2002, _________ shares of Class A Common Stock, $1.00 par value, of the Company. The exercise price at which this Warrant may be exercised (the "Warrant Price") shall be as follows: $15.00 per share through December 31, 1999; $17.00 per share from January 1, 2000 to December 31, 2000; $18.50 per share from January 1, 2001 to December 31, 2001; and $20.00 per share after December 31, 2001. The number of Warrants, the number of shares purchasable upon exercise of this Warrant and the Warrant Price per share shall be subject to adjustment from time to time as set forth in the Warrant Agreement referred to below.
