GUARANTEE AGREEMENT TIDELANDS BANCSHARES, INC. Dated as of June 20, 2008Guarantee Agreement • June 26th, 2008 • Tidelands Bancshares Inc • National commercial banks • New York
This GUARANTEE AGREEMENT (the “Guarantee”), dated as of June 20, 2008, is executed and delivered by Tidelands Bancshares, Inc., a bank holding company incorporated in South Carolina (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 Tidelands Statutory Trust II, a Delaware statutory trust (the “Issuer”).
