RP® FINANCIAL, LC.Mainstreet Financial Corp • September 22nd, 2006
This letter sets forth the agreement between MainStreet Savings Bank, FSB, Hastings, Michigan (the "Bank"), a wholly-owned subsidiary of MainStreet Financial Corporation, MHC (the "MHC"), and RP® Financial, LC. ("RP Financial") for the independent appraisal services in connection with the "Minority Stock Issuance" by a newly-chartered mid-tier stock holding company formed in conjunction with the Minority Stock Issuance. On a post-offering basis, the mutual holding company structure will be preserved. The specific appraisal services to be rendered by RP Financial are described below.
