20,527,500 Shares (subject to increase up to 23,606,625 shares in the event of an increase in the pro forma market value of the Company’s Common Stock) Beneficial Mutual Bancorp, Inc. (a federally chartered mid-tier stock holding company) Common Stock...Agency Agreement • May 21st, 2007 • Beneficial Mutual Bancorp Inc • Savings institution, federally chartered • New York
