EXHIBIT 2 INVESTMENT AGREEMENT -------------------- To the Board of Directors of NetBank, Inc., a Georgia corporation ("NetBank"): The Holding Company hereby represents and warrants that the shares of NetBank common stock (the "Common Stock") that are...Investment Agreement • August 10th, 2001 • Netbank Inc • Savings institutions, not federally chartered
The Holding Company hereby represents and warrants that the shares of NetBank common stock (the "Common Stock") that are being issued to the Holding Company in the merger (the "Merger") of Market Street Mortgage Corporation with and into a wholly owned subsidiary of NetBank will be held by the Holding Company for investment for the Holding Company's own account and not with a view to, or for, resale, transfer or distribution. For purposes of this Investment Agreement, the term "Closing Date" means the date on which the Merger and related transactions are consummated as provided in the Merger agreement between NetBank and the Holding Company and certain other parties. The Holding Company represents and warrants that it has no intention of participating, directly or indirectly, in a distribution of the Common Stock.
