0001299933-10-002613 Sample Contracts

EXCHANGE AGREEMENT

Exchange Agreement • July 7th, 2010 • First Bancorp /Pr/ • State commercial banks • New York

• Contract Type
  Exchange Agreement
• Filed
  July 7th, 2010
• Company
  First Bancorp /Pr/
• Industry
  State commercial banks
• Jurisdiction
  New York

EXCHANGE AGREEMENT, dated as of July 7, 2010 (this “Agreement”) by and between First BanCorp, a Puerto Rico corporation (the “Company”), and the United States Department of the Treasury (the “Investor”). All capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Securities Purchase Agreement.