EXCHANGE AGREEMENT by and between FIRST BANCORP and CASTLE CREEK CAPITAL PARTNERS IV, LP Dated as of December 22, 2016Exchange Agreement • December 22nd, 2016 • First Bancorp /Nc/ • State commercial banks • New York
Contract Type FiledDecember 22nd, 2016 Company Industry JurisdictionThis EXCHANGE AGREEMENT is made and entered into as of December 22, 2016 (this “Agreement”) by and between First Bancorp, a North Carolina corporation (the “Company”), and Castle Creek Capital Partners IV, LP, a Delaware limited liability partnership (the “Investor”).