0000950123-10-110443 Sample Contracts

•] Shares First BanCorp. Common Stock par value $0.10 per share Underwriting Agreement
Underwriting Agreement • December 2nd, 2010 • First Bancorp /Pr/ • State commercial banks • New York

Sandler O’Neill & Partners, L.P., as Representative of the several Underwriters named in Schedule I hereto, c/o Sandler O’Neill & Partners, L.P. 919 Third Avenue, 6th Floor, New York, New York 10022

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