STOCK PURCHASE AGREEMENT BY AND AMONG CAPITAL ONE FINANCIAL CORPORATION, B.F. SAUL REAL ESTATE INVESTMENT TRUST, DERWOOD INVESTMENT CORPORATION, AND B.F. SAUL COMPANY EMPLOYEES’ PROFIT SHARING AND RETIREMENT TRUST DATED AS OF DECEMBER 3, 2008Stock Purchase Agreement • February 26th, 2009 • Capital One Financial Corp • State commercial banks • New York
This STOCK PURCHASE AGREEMENT, dated as of December 3, 2008 (this “Agreement”), is by and among B.F. Saul Real Estate Investment Trust, a Maryland real estate investment trust (“B.F. Saul REIT”), Derwood Investment Corporation, a Maryland corporation (“Derwood”), and the B.F. Saul Company Employees’ Profit Sharing and Retirement Trust (the “PSRT” and, together with B.F. Saul REIT and Derwood, the “Sellers”), and Capital One Financial Corporation, a Delaware corporation (the “Purchaser”). Capitalized terms used herein have the meaning specified in Article I of this Agreement.
