Document ID: 12892

Text:
3\. Limitations. The Company also may exclude the Observer and/or the Board Representative from portions of meetings of the Board of Directors as well as the Bank Board to the extent that the Board of Directors or the Bank Board, as the case may be, will, in any such portion thereof, be discussing any matters related to Castle Creek, the Transaction Documents, or any of Castle Creeks rights or obligations under any of the Transaction Documents or any other matter that the Chairman of the Board of Directors or the Chair man of the Bank Board determines in good faith is or may be adverse to the interests of Castle Creek provided, however, no matter shall be deemed to be adverse to the interests of Castle Creek merely because such matter may adversely impact the price of any of the Companys Securities. Castle Creek covenants and agrees to hold all information obtained from its Observer or Board Representative as provided in the prior sentence in confidence and to comply with all requirements and obligations applicable to members of the Board of Directors under the Securities Act , the Exchange Act, the Sarbanes Oxley Act of 2002 and all other Laws, in each case, only to the extent (if at all) applicable to the Observer or Board Member, as the case may be. If Castle Creek and its Affiliates, in the aggregate, no longer have a Minimum Ownership Interest, Castle Creek will have no further rights under this Section2\. Each of the parties to this Agreement hereby acknowledges that they are aware, and will ensure that their representatives and Affiliates are aware, that the United States securities laws prohibit any person who has material non-public information about a company from purchasing or selling securities of such company, or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase or sell such securities.

Named Entities:
93
93
Role
198
199
Act
202
203
Act
206
210
Act
301
304
Act

Tokenized Text:
3
\
.
Limitations
.
The
Company
also
may
exclude
the
Observer
and
/
or
the
Board
Representative
from
portions
of
meetings
of
the
Board
of
Directors
as
well
as
the
Bank
Board
to
the
extent
that
the
Board
of
Directors
or
the
Bank
Board
,
as
the
case
may
be
,
will
,
in
any
such
portion
thereof
,
be
discussing
any
matters
related
to
Castle
Creek
,
the
Transaction
Documents
,
or
any
of
Castle
Creeks
rights
or
obligations
under
any
of
the
Transaction
Documents
or
any
other
matter
that
the
Chairman
of
the
Board
of
Directors
or
the
Chair
man
of
the
Bank
Board
determines
in
good
faith
is
or
may
be
adverse
to
the
interests
of
Castle
Creek
provided
,
however
,
no
matter
shall
be
deemed
to
be
adverse
to
the
interests
of
Castle
Creek
merely
because
such
matter
may
adversely
impact
the
price
of
any
of
the
Companys
Securities
.
Castle
Creek
covenants
and
agrees
to
hold
all
information
obtained
from
its
Observer
or
Board
Representative
as
provided
in
the
prior
sentence
in
confidence
and
to
comply
with
all
requirements
and
obligations
applicable
to
members
of
the
Board
of
Directors
under
the
Securities
Act
,
the
Exchange
Act
,
the
Sarbanes
Oxley
Act
of
2002
and
all
other
Laws
,
in
each
case
,
only
to
the
extent
(
if
at
all
)
applicable
to
the
Observer
or
Board
Member
,
as
the
case
may
be
.
If
Castle
Creek
and
its
Affiliates
,
in
the
aggregate
,
no
longer
have
a
Minimum
Ownership
Interest
,
Castle
Creek
will
have
no
further
rights
under
this
Section2
\
.
Each
of
the
parties
to
this
Agreement
hereby
acknowledges
that
they
are
aware
,
and
will
ensure
that
their
representatives
and
Affiliates
are
aware
,
that
the
United
States
securities
laws
prohibit
any
person
who
has
material
non-public
information
about
a
company
from
purchasing
or
selling
securities
of
such
company
,
or
from
communicating
such
information
to
any
other
person
under
circumstances
in
which
it
is
reasonably
foreseeable
that
such
person
is
likely
to
purchase
or
sell
such
securities
.