Senior Executive Officer Name and Address] Dear [Senior Executive Officer Name],Securities Purchase Agreement • November 17th, 2008 • Suntrust Banks Inc • National commercial banks
SunTrust Banks, Inc. (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.
