STOCK PLEDGE AND SECURITY AGREEMENTStock Pledge and Security Agreement • November 14th, 2017 • Smartfinancial Inc. • National commercial banks • Tennessee
THIS STOCK PLEDGE AND SECURITY AGREEMENT (the “Agreement”), dated as of October 31, 2017, by SMARTFINANCIAL, INC., a Tennessee corporation (formerly known as CORNERSTONE BANCSHARES, INC., along with its successors and assigns, “Pledgor”) in favor of CAPSTAR BANK (the “Secured Party”) in order to further secure the Obligations (as herein defined) and for the consideration herein specified.
LOAN AGREEMENT dated as of October 31, 2017 among SMARTFINANCIAL, INC. as Borrower and CAPSTAR BANK as LenderLoan Agreement • November 14th, 2017 • Smartfinancial Inc. • National commercial banks • Tennessee
THIS LOAN AGREEMENT (this "Agreement") is made and entered into as of October 31, 2017, by and among SMARTFINANCIAL, INC., a Tennessee corporation (along with its successors and assigns, the "Borrower"), and CAPSTAR BANK, a Tennessee banking corporation, (along with its successors and assigns the "Lender").
LINE OF CREDIT NOTELine of Credit Note • November 14th, 2017 • Smartfinancial Inc. • National commercial banks
FOR VALUE RECEIVED, the undersigned, SMARTFINANCIAL, INC., a Tennessee corporation (along with its successors and assigns, the “Borrower”), hereby promises to pay to CAPSTAR BANK (the “Lender”) or its registered assigns at its principal office, or any other office that the Lender designates, on the Maturity Date (as defined in the Loan Agreement dated as of the date hereof (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”)), among the Borrower and Lender, the lesser of the principal sum of FIFTEEN MILLION AND 00/100 DOLLARS ($15,000,000.00) and the aggregate unpaid principal amount of the Line of Credit Facility made by the Lender to the Borrower pursuant to the Loan Agreement, in lawful money of the United States of America in immediately available funds, and to pay interest from the date hereof on the principal amount thereof from time to time outstanding, in like funds, at said office, at the rate or rates per annum and
