BOARD OBSERVATION AGREEMENTBoard Observation Agreement • October 31st, 2022 • Hanover Bancorp, Inc. /NY • State commercial banks • New York
Contract Type FiledOctober 31st, 2022 Company Industry JurisdictionThis Board Observation Agreement (this “Agreement”), dated October 28, 2022, is entered into by and between Castle Creek CAPITAL PARTNERS VIII, L.P. (the “Holder”), and Hanover Bancorp, Inc. a New York corporation (the “Company”). Each of the Holder and the Company are referred to in this Agreement individually as a “Party” and collectively as the “Parties.” Capitalized terms used but not defined in this Agreement shall have the meaning given to such terms in the Exchange Agreement (as defined below).
EXCHANGE AGREEMENT by and between HANOVER BANCORP, INC. and CASTLE CREEK CAPITAL PARTNERS VIII, LP Dated as of October 28, 2022Exchange Agreement • October 31st, 2022 • Hanover Bancorp, Inc. /NY • State commercial banks • New York
Contract Type FiledOctober 31st, 2022 Company Industry JurisdictionThis EXCHANGE AGREEMENT is made and entered into as of October 28, 2022 (this “Agreement”) by and between Hanover Bancorp, Inc., a New York corporation (the “Company”), and Castle Creek Capital Partners VIII, LP, a Delaware limited partnership (the “Investor”).