0000950133-05-004755 Sample Contracts

INVESTMENT MANAGEMENT TRUST AGREEMENT

Investment Management Trust Agreement • October 27th, 2005 • Community Bankers Acquisition Corp. • Blank checks • New York

• Contract Type
  Investment Management Trust Agreement
• Filed
  October 27th, 2005
• Company
  Community Bankers Acquisition Corp.
• Industry
  Blank checks
• Jurisdiction
  New York

This Agreement is made as of ___, 2005 by and between Community Bankers Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”).

I-Bankers Securities, Inc. Legend Merchant Group, Inc. Newbridge Securities Corp. c/o I-Bankers Securities, Inc. 1560 East Southlake Boulevard, Suite 232 Southlake, TX 76092 Re: Community Bankers Acquisition Corp. Gentlemen:

Warrant Purchase Agreement • October 27th, 2005 • Community Bankers Acquisition Corp. • Blank checks

• Contract Type
  Warrant Purchase Agreement
• Filed
  October 27th, 2005
• Company
  Community Bankers Acquisition Corp.
• Industry
  Blank checks

This letter will confirm the agreement of Gary A. Simanson and David Zalman, on the one hand (the “Stockholders”), and I-Bankers Securities, Inc. (“I-Bankers”), Newbridge Securities Corp. and Legend Merchant Group, Inc., (collectively, the “Representatives”), on the other hand, with respect to the purchase of certain warrants to purchase common stock (“Warrants”) of Community Bankers Acquisition Corp. (the “Company”) included in the units (comprised of one share of common stock and one warrant to purchase common stock) being sold in the Company’s initial public offering (“IPO”) upon the terms and conditions set forth herein. The shares of Common Stock and Warrants will not be separately tradable until 90 days after the effective date of the Company’s IPO, unless I-Bankers, on behalf of the Representatives, informs the Company of their decision to allow earlier separate trading.