• Shares TIDELANDS BANCSHARES, INC. Common Stock par value $0.01 per share Underwriting AgreementUnderwriting Agreement • October 8th, 2008 • Tidelands Bancshares Inc • National commercial banks • New York
Tidelands Bancshares, Inc., a South Carolina corporation (the "Company"), proposes, subject to the terms and conditions stated herein, to issue and sell to Sandler O'Neill & Partners, L.P. (the "Underwriter"), an aggregate of • shares (the "Firm Shares") and, at the election of the Underwriter, up to • additional shares (the "Optional Shares") of the common stock, par value $0.01 per share ("Stock") of the Company (the Firm Shares and the Optional Shares that the Underwriter elects to purchase pursuant to Section 2 hereof are herein collectively called the "Shares").
