STANDSTILL AGREEMENTStandstill Agreement • September 1st, 2016 • Anchor Bancorp • Savings institutions, not federally chartered • Washington
THIS STANDSTILL AGREEMENT (the “Agreement”), dated this 29th day of August 2016, is by and among Anchor Bancorp, a Washington corporation (the “Company”), and its wholly owned subsidiary, Anchor Bank, a Washington State chartered savings bank (the “Bank,” and collectively with the Company, “Anchor”), Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., each a Delaware limited partnership, Stilwell Value LLC, a Delaware limited liability company, and Joseph Stilwell, an individual (collectively, “The Stilwell Group,” and each individually, a “Stilwell Group Member”).
