Senior Executive Officer Name and Address] Dear [Senior Executive Officer Name],Securities Purchase Agreement • December 12th, 2008 • Independent Bank Corp /Mi/ • State commercial banks
Independent Bank Corporation (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.
