TAX ASSET PROTECTION PLAN dated as of August 18, 2014 between FOUR OAKS FINCORP, INC. and REGISTRAR AND TRANSFER COMPANY as Rights AgentTax Asset Protection Plan • August 19th, 2014 • Four Oaks Fincorp Inc • State commercial banks • New York
TAX ASSET PROTECTION PLAN (as amended from time to time, this “Agreement”), dated as of August 18, 2014, between FOUR OAKS FINCORP, INC., a North Carolina corporation (including any successor hereunder, the “Company”), and REGISTRAR AND TRANSFER COMPANY, as Rights Agent (the “Rights Agent,” which term shall include any successor Rights Agent hereunder).
