SERVICE AGREEMENTService Agreement • October 27th, 2006 • R&g Financial Corp • State commercial banks • Puerto Rico
This Service Agreement (this “Agreement”), dated as of October 26, 2006 (the “Effective Date”), is by and between R-G Financial Corporation (“RG”), RG Financial Tower, 290 Jesús T. Piñero Ave., San Juan, Puerto Rico, 00918, and Quilichini & Oliver (“Service Provider”).
CONFIDENTIALSpecial Compensation Agreement • October 27th, 2006 • R&g Financial Corp • State commercial banks • Puerto Rico
This Special Compensation Agreement (the “Letter Agreement”) sets forth the terms and conditions pursuant to which R-G Premier Bank of Puerto Rico (the “Bank”), in the event that a “Change of Control” (as defined below) should occur with respect to R&G Financial Corporation (“Financial”) on or prior to June 30, 2007 (the “Expiration Date”), will pay you the amount (the “Change of Control Bonus”) of $400,000.00.
SALE AGREEMENT Norberto Medina Zurinaga Office and Interest in Quilichini, Oliver & MedinaSale Agreement • October 27th, 2006 • R&g Financial Corp • State commercial banks
-Sale price to be paid in 25 consecutive payments of $28,207 each, starting on December 15, 2006, and from that point forward on the fifteenth of each subsequent third month, until the final and complete payment.
