RP® FINANCIAL, LC.Northwest Bancshares, Inc. • September 9th, 2009
This letter sets forth the agreement between Northwest Savings Bank (the “Company”), subsidiary of Northwest Bancorp, MHC, Warren, Pennsylvania (the “MHC”), and RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services pertaining to the mutual-to-stock conversion of the MHC. The specific appraisal services to be rendered by RP Financial are described below. These appraisal services will be rendered by a team of senior members of our firm and will be directed by the undersigned.
