0001104659-05-020331 Sample Contracts

GUARANTEE AGREEMENT by and between NSB HOLDINGS, INC. and WILMINGTON TRUST COMPANY Dated as of March 30, 2005
Guarantee Agreement • May 4th, 2005 • NSB Holdings, Inc. • Savings institution, federally chartered • New York

This GUARANTEE AGREEMENT (this “Guarantee”), dated as of March 30, 2005, is executed and delivered by NSB Holdings, Inc., a Georgia 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 New Southern Statutory Trust I, a Delaware statutory trust (the “Issuer”).

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