SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 14th, 2012 • Community Financial Shares Inc • Savings institution, federally chartered • New York
regional securities exchange and not reported on a quotation system on such date, the “Closing Price” will be the last quoted bid price for the Common Stock in the over-the-counter market on such date as reported by the OTC Markets Group Inc. or similar organization. If none of the foregoing apply, the last reported sale price will be the average of the mid-point of the last bid and ask prices for the Common Stock on such date from each of at least three nationally recognized investment banking firms selected by the Company for this purpose.
