STOCK PURCHASE AGREEMENT BETWEEN MANHATTAN BANCORP AND CARPENTER FUND MANAGER GP, LLC AS GENERAL PARTNER OF EACH OF THE FOLLOWING INVESTMENT-RELATED LIMITED PARTNERSHIPS: CARPENTER COMMUNITY BANCFUND, L.P. CARPENTER COMMUNITY BANCFUND-A, L.P. AND...Stock Purchase Agreement • May 16th, 2008 • Manhattan Bancorp • National commercial banks • California
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) dated as of May 14, 2008 between Manhattan Bancorp, a California corporation (the “Company”), and Carpenter Fund Manager GP, LLC (the “Manager”) on behalf of and as General Partner of each of the following investment-related limited partnerships: Carpenter Community BancFund, L.P.; Carpenter Community BancFund-A, L.P.; and Carpenter Community BancFund-CA, L.P. (collectively, the “Investors”), regarding the purchase by the Investors of no par value common stock of the Company (the “Common Stock”). The Manager and the Company are collectively referred to herein as the “Parties” and individually referred to herein as a “Party.” Unless otherwise defined herein, capitalized terms used herein are defined in Article I hereof.
