AMENDED AND RESTATED INVESTMENT AGREEMENT DATED AS OF JULY 14, 2011 AMONG FIRST BANCORP AND THE INVESTORS NAMED ON THE SIGNATURE PAGES HERETOInvestment Agreement • July 19th, 2011 • First Bancorp /Pr/ • State commercial banks • New York
This agreement is dated as of July 14, 2011 among First BanCorp (the “Company”), a Puerto Rico chartered financial holding company, and each of the investors that have signed this Agreement (each an “Investor” and together, the “Investors”), relating to the sale by the Company to each of the Investors of a number of shares of common stock of the Company (“Common Stock”), par value $0.10 per share, shown opposite the name of each such Investor on the signature pages of this Agreement, and amends and restates an Investment Agreement dated as of May 26, 2011 among the Company and the Investors (the “Original Agreement” and, as amended and restated by this agreement, the “Agreement”). Now, therefore, in consideration of the premises, and of the representations, warranties, covenants and agreements set forth herein, and intending to be legally bound, the parties hereby agree as follows:
AMENDMENT TO INVESTMENT AGREEMENTInvestment Agreement • July 19th, 2011 • First Bancorp /Pr/ • State commercial banks • New York
This amendment (this “Amendment”) dated as of July 14, 2011, amends the Investment Agreement dated as of June 27, 2011 (the “Investment Agreement”) among First BanCorp (the “Company”), a Puerto Rico chartered financial holding company, and each of the Investors (the “Investors”) that signed the Investment Agreement.
