Environmental Law
2.2(z)
ERISA
2.2(r)(1)
Exchange Act
2.2(g)(1)
FDIC
1.2(b)(2)(H)
GAAP
2.1(b)
Governance Committee
4.3(a)
Governance Policies
4.3(a)
Governmental Approvals
2.2(e)
Governmental Entity
1.2(b)(1)(A)
Gross-Up Entity
4.10(a)
Gross-Up Proposals
4.10(c)
Hazardous Substance
2.2(z)(2)
herein/hereof/hereunder
6.9(d)
HOLA
2.2(a)(1)
Holder
4.9(k)(3)
Holders' Counsel
4.9(k)(4)
including/includes/included/include
6.9(c)
Incumbent Directors
4.14(e)
Indemnified Party
4.7(c)
Indemnifying Party
4.7(c)
Indemnitee
4.9(g)
Information
3.2(b)
Insider
2.2(cc)
Insurer
2.2(aa)(3)(C)
Intellectual Property Rights
2.2(x)
Investment
Recitals
Investment Company Act
2.2(p)(6)
Investors
Recitals
IT Assets
2.2(x)
JPMorgan
1.2(b)(2)(Y)
knowledge of the Company/Company's knowledge
6.9(g)
Law
1.2(b)(A)
Lead Anchor Investors
Preamble
Legent Clearing
1.2(b)(2)(E)
- iv -
Term
Location of Definition
Legent Group
Recitals
Legent Purchase Agreement
1.2(b)(2)(E)
Liens
2.2(c)
Loan Investor
2.2(aa)(3)(B)
Losses
4.7(a)
Lovell Minnick Anchor Investor
Preamble
Material Adverse Effect
2.1(b)
NASDAQ
1.2(b)(2)(K)
NASDAQ Approval
1.2(b)(2)(K)
New Security
4.10(a)
Non-Qualifying Transaction
4.14(e)
Oak Hill Anchor Investor
Preamble
OFAC
2.2(t)(2)
or
6.9(b)
Order
1.2(b)(1)(A)
Other Private Placements
Recitals
OTS
1.2(b)(1)(C)
Parent Corporation
4.14(e)
person
6.9(f)
Piggyback Registration
4.9(a)(6)
Pre-Closing Period
3.3
Previously Disclosed
2.1(c)
Proprietary Information
3.1(a)
Purchase Price
1.2(c)(1)(A)(iv)
Qualifying Ownership Interest
3.2(a)
Register, registered and registration
4.9(k)(5)
Registrable Securities
4.9(k)(6)
Registration Expenses
4.9(k)(7)
Regulatory Agreement
2.2(t)(1)
Regulatory Filings
2.2(p)(4)
Relevant Paragraphs
1.2(b)(1)(C)
Rule 144
4.9(k)(8)
Rule 158
4.9(k)(8)
Rule 159A
4.9(k)(8)
Rule 405
4.9(k)(8)
Rule 415
4.9(k)(8)
SEC
2.1(c)
Securities
Recitals
Securities Act
2.2(g)(1)
Selling Expenses
4.9(k)(10)
Shelf Registration Statement
4.9(a)(5)
Special Registration
4.9(i)
Spring Hill Report
1.2(b)(2)(O)
- v -
Term
Location of Definition
Stock Plans
2.2(b)
Stockholder Proposals
3.1(b)
Subsidiary
2.2(a)(2)
Surviving Corporation
4.14(e)
Tax/Taxes
2.2(i)
Tax Return
2.2(i)
Third Party Approvals
2.2(e)
Threshold Amount
4.7(e)
transactions contemplated by this Agreement
6.9(j)
Transfer
4.2(a)
USA PATRIOT Act
2.2(t)(2)
Voting Debt
2.2(b)
Voting Securities
6.9(i)
Warrants
Recitals
- vi -
LIST OF EXHIBITS
Exhibit A:
Form of Warrant Agreement
Exhibit B:
2010 Equity Incentive Plan
- vii -
INVESTMENT AGREEMENT, dated as of October 28, 2010 (this "Agreement"),
by and among United Western Bancorp, Inc., a Colorado corporation (the
"Company"), Oak Hill Capital Partners III, L.P. and Oak Hill Capital Management
Partners III, L.P. (collectively, the "Oak Hill Anchor Investor"), Lovell
Minnick Equity Partners III LP and Lovell Minnick Equity Partners III-A LP
(collectively, the "Lovell Minnick Anchor Investor" and, together with the Oak
Hill Anchor Investor, the "Lead Anchor Investors"), Legent Group, LLC (the
"Legent Group") and Henry C. Duques ("Duques" and, together with the Legent
Group, the "Duques Anchor Investor") (each of the Oak Hill Anchor Investor, the
Lovell Minnick Anchor Investor and the Duques Anchor Investor, an "Anchor
Investor," and collectively, the "Anchor Investors").
RECITALS:
A. The Investment. The Company intends to sell to the Anchor
Investors, and the Anchor Investors intend to purchase from the Company, as an
investment in the Company (the "Investment"), the securities as described
herein. The securities to be purchased at the Closing (as defined below) are:
(i) 117,500,000 shares of common stock, par value $0.0001 per share, of the
Company (the "Common Stock") by the Oak Hill Anchor Investor for an aggregate
purchase