COMPANY LETTERHEAD]Letter Agreement • December 23rd, 2008 • 1st Constitution Bancorp • Savings institution, federally chartered
As you know, 1st Constitution Bancorp (the “Company,” as further defined below) has entered into a Securities Purchase Agreement, dated December 23, 2008 (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 (“CPP”).
