Stock Transfer, Release and Waiver Agreement Sample Contracts

STOCK TRANSFER, RELEASE AND WAIVER AGREEMENT
Stock Transfer, Release and Waiver Agreement • April 30th, 2010 • R&g Financial Corp • State commercial banks • Puerto Rico

This STOCK TRANSFER, RELEASE AND WAIVER AGREEMENT (the “Agreement”), dated as of April 28, 2010, is entered into by and among, R&G Financial Corporation, a corporation organized and existing under the laws of the Commonwealth of Puerto Rico (hereinafter, “RGF”), R-G Premier Bank of Puerto Rico, a commercial bank organized and existing under the laws of the Commonwealth of Puerto Rico (hereinafter, “RGP” or the “Bank”), and R&G Mortgage Corp., a corporation organized and existing under the laws of the Commonwealth of Puerto Rico (hereinafter, “RGM”, and together with RGF and RGP, collectively, the “Parties”).

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