GUARANTEE AGREEMENT by and between TSB FINANCIAL CORPORATION and WILMINGTON TRUST COMPANY Dated as of December 14, 2006Guarantee Agreement • December 19th, 2006 • TSB Financial CORP • Savings institution, federally chartered • New York
This GUARANTEE AGREEMENT (this “Guarantee”), dated as of December 14, 2006, is executed and delivered by TSB Financial Corporation, a North Carolina corporation (the “Guarantor”), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of TSB Statutory Trust I, a Delaware statutory trust (the “Issuer”).
