Non-Recourse Indemnity and Security Agreement Sample Contracts

NON-RECOURSE INDEMNITY AND SECURITY AGREEMENT

Non-Recourse Indemnity and Security Agreement • September 14th, 2007 • CapitalSouth Bancorp • State commercial banks • Delaware

• Contract Type
  Non-Recourse Indemnity and Security Agreement
• Filed
  September 14th, 2007
• Company
  CapitalSouth Bancorp
• Industry
  State commercial banks
• Jurisdiction
  Delaware

This Non-Recourse Indemnity and Security Agreement (this “Agreement”) is made and entered into as of September 14, 2007, by and between CAPITALSOUTH BANK, an Alabama banking corporation (the “Bank”), and JAMES C. BOWEN, a resident of Duval County, Florida (“Indemnitor” or “Bowen”), and is joined in by CAPITALSOUTH BANCORP, a Delaware corporation and a registered bank holding company (“CapitalSouth”), with respect to Section 32 and Exhibit A of this Agreement.

AMENDMENT TO NON-RECOURSE INDEMNITY AND SECURITY AGREEMENT

Non-Recourse Indemnity and Security Agreement • March 2nd, 2009 • CapitalSouth Bancorp • State commercial banks • Alabama

• Contract Type
  Non-Recourse Indemnity and Security Agreement
• Filed
  March 2nd, 2009
• Company
  CapitalSouth Bancorp
• Industry
  State commercial banks
• Jurisdiction
  Alabama

THIS AMENDMENT TO NON-RECOURSE INDEMNITY AND SECURITY AGREEMENT (this “Amendment”), is made and entered into as of February 24, 2009, by and between CAPITALSOUTH BANK, an Alabama banking corporation (the “Bank”), and JAMES C. BOWEN, a resident of Duval County, Florida (“Bowen”), and is joined in by CAPITALSOUTH BANCORP, a Delaware corporation and a registered bank holding company (“CapitalSouth”).