MARCO COMMUNITY BANCORP, INC. STOCK PURCHASE AND SALE AGREEMENT 3,566,275 Shares of Common StockStock Purchase and Sale Agreement • May 17th, 2007 • Marco Community Bancorp Inc • Savings institution, federally chartered • Florida
THIS STOCK PURCHASE AND SALE AGREEMENT (the “Agreement”) is made this 15th day of May, 2007, by and among Marco Community Bancorp, Inc. (the “Company”) and those purchasers listed on Schedule A to this Agreement (the “Purchasers”). The Company and the Purchasers are collectively referred to herein as the “Parties” and each of them is referred to herein as a “Party.” Throughout this Agreement, the terms “Representative” shall refer to Kevin C. Hale, who has been designated by the Purchasers to take certain actions pursuant to this Agreement; the identity of the Representative shall be changed upon written consent of a majority of the Purchasers. Capitalized terms are defined in Section 12.01, below.
