ADDENDUM I TO AGREEMENT TO BUY AND SELL BETWEEN TIDELANDS BANK AND/OR ASSIGNS (BUYER) AND FRANK W. BRUMLEY, PATRICK W. MCKINNEY, MICHAEL C. ROBINSON AND MILTON E. MORGAN (SELLER) DATED JUNE 15, 2005Addendum to Agreement to Buy and Sell • August 15th, 2005 • Tidelands Bancshares Inc • National commercial banks
THIS AGREEMENT IS SUBJECT TO ARBITRATION PURSUANT TO S.C. CODE SECTION 15-48-10 et seq. AGREEMENT FOR PURCHASE AND SALEPurchase and Sale Agreement • August 15th, 2005 • Tidelands Bancshares Inc • National commercial banks • South Carolina
THIS AGREEMENT FOR PURCHASE AND SALE (the “Contract”) is made and entered into by and between PARK WEST DEVELOPMENT, INC., a South Carolina corporation (“Seller”), and TIDELANDS BANK, a South Carolina corporation (“Purchaser”). Seller and Purchaser are sometimes severally referred to in this Agreement as a “party”, or jointly referred to as the “parties.”
