SECURITIES PURCHASE AGREEMENT STANDARD TERMSSecurities Purchase Agreement • December 29th, 2008 • First Community Bank Corp of America • Savings institution, federally chartered • New York
WHEREAS, the United States Department of the Treasury (the “Investor”) may from time to time agree to purchase shares of preferred stock and warrants from eligible financial institutions which elect to participate in the Troubled Asset Relief Program Capital Purchase Program (“CPP”);
Letter Agreement UNITED STATES DEPARTMENT OF THE TREASURYLetter Agreement • December 29th, 2008 • First Community Bank Corp of America • Savings institution, federally chartered • Washington
The company set forth on the signature page hereto (the “Company”) intends to issue in a private placement the number of shares of a series of its preferred stock set forth on Schedule A hereto (the “Preferred Shares”) and a warrant to purchase the number of shares of its common stock set forth on Schedule A hereto (the “Warrant” and, together with the Preferred Shares, the “Purchased Securities”) and the United States Department of the Treasury (the “Investor”) intends to purchase from the Company the Purchased Securities.
FIRST COMMUNITY BANK CORPORATION OF AMERICA December 23, 2008Securities Purchase Agreement • December 29th, 2008 • First Community Bank Corp of America • Savings institution, federally chartered
First Community Bank Corporation of America (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”) with the United States Department of the Treasury (the “Treasury”) that provides, among other things, for the purchase by the Treasury of securities issued by the Company. This purchase is anticipated to occur as part of the Company’s participation in the Treasury’s Troubled Asset Relief Program - Capital Purchase Program (the “CPP”).
