0001104659-06-084236 Sample Contracts

SECURITIES PURCHASE AND OPTION AGREEMENT
Securities Purchase and Option Agreement • December 28th, 2006 • National Mercantile Bancorp • State commercial banks • Minnesota

This SECURITIES PURCHASE AND OPTION AGREEMENT (this “Agreement”) is entered into as of the 15th day of December, 2006 (the “Effective Date”), by and among DAVID BROWN, an individual and resident of the State of California (“Seller”), JAMES O. POHLAD, an individual and resident of the State of Minnesota (“JOP”), ROBERT C. POHLAD, an individual and resident of the State of Minnesota (“RCP”), and WILLIAM M. POHLAD, an individual and resident of the State of Minnesota (“WMP”; and, together with JOP and RCP, the “Purchasers” and each, individually, a “Purchaser”).

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