DELANCO BANCORP, INC. (a Federal Corporation) Up to 931,500 Shares (Subject to Increase Up to 1,071,225 Shares) COMMON STOCK ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • February 7th, 2007 • Delanco Bancorp Inc • Savings institution, federally chartered • New York
Delanco Bancorp, Inc., a federal corporation (the “Holding Company”), Delanco MHC, a federal mutual holding company (the “MHC”) and Delanco Federal Savings Bank, a federally chartered stock savings bank (the “Bank”) (collectively, the “Primary Parties”) hereby confirm jointly and severally, their agreement with Ryan Beck & Co., Inc. (“Agent”), as follows:
