Customers Bancorp, Inc.
1015 Penn Avenue, Suite 103
Wyomissing, PA 19610

January 20, 2016

FBR Capital Markets & Co.
300 North 17th Street, Suite 1400
North Arlington, Virginia 22209

MLV & Co. LLC
1301 Avenue of the Americas, 43rd Floor
New York, New York 10019

Maxim Group LLC
405 Lexington Avenue
New York, New York 10174

Ladies and Gentlemen:

This will serve to confirm our discussions whereby we have mutually agreed to
terminate, effective immediately, the At Market Issuance Sales Agreement dated
December 23, 2015.

Please indicate your agreement by providing your signature below, whereupon this
letter shall constitute a binding agreement between us.

 
 
Very truly yours,
 
 
 
 
 
CUSTOMERS BANCORP, INC.

 
By:
 
/s/ Robert E. Wahlman
 
 
 
Name: Robert Wahlman
 
 
 
Title: CFO

 
 
FBR CAPITAL MARKETS & CO.

 
By:
 
/s/ Patrice McNicoll
 
 
 
Name: Patrice McNicoll
 
 
 
Title: Co-head of Capital Markets

 
 
MLV & CO. LLC

 
By:
 
/s/ Patrice McNicoll
 
 
 
Name: Patrice McNicoll
 
 
 
Title: CEO

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MAXIM GROUP LLC

 
By:
 
/s/ Jacob Eisen
 
 
 
Name: Jacob Eisen 
 
 
 
Title: Managing Director