UNITED STATES DEPARTMENT OF THE TREASURY 1500 Pennsylvania Avenue, NW Washington, D.C. 20220 September 16, 2011Letter Agreement • September 22nd, 2011 • Customers Bancorp, Inc. • State commercial banks • New York
WHEREAS, the United States Department of the Treasury (the "Investor") may from time to time agree to purchase shares of preferred stock and warrants from eligible financial institutions which elect to participate in the Troubled Asset Relief Program Capital Purchase Program ("CPP");
United States Department of the Treasury Washington, D.C. 20220 September 17, 2011Securities Purchase Agreement • September 22nd, 2011 • Customers Bancorp, Inc. • State commercial banks
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms (the “Securities Purchase Agreement”), dated as of June 12, 2009 between Berkshire Bancorp, Inc. (the “Acquired Company”) and the United States Department of Treasury (“Investor”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement.
AMENDMENT TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • September 22nd, 2011 • Customers Bancorp, Inc. • State commercial banks
This AMENDMENT dated as of September 16, 2011 (the “Amendment”) to the Agreement and Plan of Merger dated as of August 24, 2010 (the “Agreement”), as amended April 27, 2011, by and among Berkshire Bancorp, Inc., a Pennsylvania corporation (“Berkshire Bancorp”), its direct wholly-owned subsidiary, Berkshire Bank, a Pennsylvania commercial bank (“Berkshire Bank”), Customers Bancorp, Inc., formerly named Customers 1st Bancorp, Inc., a Pennsylvania business corporation (“Holdco”) and Customers Bank, formerly named New Century Bank, a Pennsylvania commercial bank (“NCB”).
