RecitalsReplacement Capital Covenant • March 18th, 2008 • Us Bancorp \De\ • National commercial banks
DEPOSIT AGREEMENT among U.S. BANCORP, U.S. BANK NATIONAL ASSOCIATION as Depositary, and THE HOLDERS FROM TIME TO TIME OF THE DEPOSITARY RECEIPTS DESCRIBED HEREIN Dated as of March 17, 2008Deposit Agreement • March 18th, 2008 • Us Bancorp \De\ • National commercial banks • New York
DEPOSIT AGREEMENT dated as of March 17, 2008, among (i) U.S. BANCORP, a Delaware corporation, (ii) U.S. BANK NATIONAL ASSOCIATION, a national banking association formed under the laws of the United States, and (iii) the Holders from time to time of the Receipts described herein.
UNDERWRITING AGREEMENTUnderwriting Agreement • March 18th, 2008 • Us Bancorp \De\ • National commercial banks
We (the “Representatives”) understand that U.S. Bancorp, a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I (the “Underwriters”) an aggregate of 20,000,000 Depositary Shares (the “Offered Securities”), each representing 1/1,000th of a share of the Company’s Series D Non-Cumulative Perpetual Preferred Stock, par value $1.00 per share (the “Preferred Stock”). The Preferred Stock, when issued, will be deposited against delivery of Depositary Receipts (the “Depositary Receipts”), which will evidence the Depositary Shares, that are to be issued by U.S. Bank National Association (the “Depositary”) under the Deposit Agreement, to be dated March 17, 2008, among the Company, the Depositary and the holders from time to time of the Depositary Receipts issued hereunder.
