Form of Senior Executive Officer AgreementSecurities Purchase Agreement • December 5th, 2008 • Coastal Banking Co Inc • National commercial banks • South Carolina
Contract Type FiledDecember 5th, 2008 Company Industry JurisdictionThe Company (as defined below) anticipates entering into a Securities Purchase Agreement (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 (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this Agreement shall be of no further force and effect.