Letter Agreement Including Securities Purchase Agreement Sample Contracts

February 13, 2009 Dear [Senior Executive Officer Name],

Letter Agreement Including Securities Purchase Agreement • February 17th, 2009 • Premierwest Bancorp • National commercial banks

• Contract Type
  Letter Agreement Including Securities Purchase Agreement
• Filed
  February 17th, 2009
• Company
  Premierwest Bancorp
• Industry
  National commercial banks

Effective today, PremierWest Bancorp (the “Company”) entered into a Letter Agreement including Securities Purchase Agreement—Standard Provisions (the “Purchase 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 ceases at any time to participate in the CPP, this letter shall be of no further force and effect.