Document:

exv10w1

Exhibit 10.1

TEXAS CAPITAL BANCSHARES, INC.

STOCK PURCHASE AGREEMENT

Dated as of September 8, 2008

To Each of the Purchasers Listed in the Signature Page:

Ladies and Gentlemen:

     The undersigned, Texas Capital Bancshares, Inc., a Delaware corporation (the “Corporation”),
hereby agrees with you as follows:

     1. AUTHORIZATION; SALE AND PURCHASE OF SHARES

     1.1 Authorization of Shares. The Corporation has duly authorized the issuance and sale
of up to an aggregate of 4,000,000 shares (the “Shares”) of common stock, $0.01 par value of the
Corporation (the “Common Stock”).

     1.2 Sale and Purchase of the Shares. Subject to the terms and conditions herein
provided, the Corporation hereby agrees to sell to the purchasers listed in the Signature Page,
attached hereto (each, a “Purchaser” and collectively, the “Purchasers”), and each Purchaser,
severally and not jointly, agrees to purchase from the Corporation, at the Closing provided for in
Section 2 hereof, up to that number of Shares specified opposite its name in the Signature Page.
The per share purchase price for the Shares shall be equal to the price per share as reflected on
the Signature Pages hereof. Each Purchaser’s obligations hereunder are several and not joint
obligations, and no Purchaser shall have any liability to any person or entity for the performance
or nonperformance by any other Purchaser hereunder. Each Purchaser understands and acknowledges
that it has made its own review of the investment merits and risks of the Shares.

     1.3 On the date hereof, the Corporation and each Purchaser are entering into that certain
Registration Rights Agreement, between the Corporation and each Purchaser, in the form of
Exhibit A hereto, which provides the Purchasers with certain registration rights with
respect to the Shares being purchased hereunder (the “Registration Rights Agreement”), together
with this Agreement, and each of the other agreements entered into by the parties hereto in
connection with the transactions contemplated by this Agreement (collectively, the “Transaction
Documents”).

     2. THE CLOSING.

     2.1 Time and Place of the Closing. Subject to Section 3 hereof, payment of the
purchase price as reflected on the Signature Page hereof (the “Purchase Price”) for and delivery of
the Shares shall be made at the offices of Patton Boggs LLP, 2001 Ross Avenue, Suite 3000, Dallas,
Texas 75201, or at such other place or in such other manner as may be agreed upon by the
Corporation and the Purchasers, at 10:00 a.m., Central Time, on September 10, 2008, or at such
other time or date as the Purchasers and the Corporation may mutually determine (such date

 

 

and time of payment and delivery being herein called the “Closing Date”).

     2.2 Delivery of and Payment for the Shares. At the closing of the Transactions
contemplated by this Agreement (the “Closing”), the Corporation shall instruct the Corporation’s
transfer agent to deliver to each Purchaser, at such address(es) as designated on its Signature
Page, certificates evidencing the Shares to be purchased by it (as indicated opposite such
Purchaser’s name on the Signature Page hereto), dated the Closing Date and bearing appropriate
legends as hereinafter provided for, and registered on the books and records of the Corporation in
such Purchaser’s name or its nominee, against payment in full on the Closing Date of the Purchase
Price therefor by wire transfer of immediately available funds for credit to such account as the
Corporation shall direct in writing prior to the Closing Date.

     3. CONDITIONS TO CLOSING

     3.1 Conditions to the Purchasers’ Obligations. The obligations of each Purchaser
hereunder are subject to the accuracy, as of the date hereof and on the Closing Date, of the
representations and warranties of the Corporation contained herein, except to the extent any such
representation or warranty expressly specifies as of an earlier date, and to the performance by the
Corporation of its obligations hereunder and to each of the following additional terms and
conditions:

          (a) The Corporation will have furnished to the Purchasers a certificate, dated the Closing
Date, executed on behalf of the Corporation by each of the President and Chief Executive Officer
and the Chief Financial Officer of the Corporation, stating that:

               (i) The representations and warranties of the Corporation in Section 4.1 hereof shall be true
and correct as of the Closing Date, except to the extent any such representation or warranty
expressly specifies as of an earlier date, in which case such representation or warranty shall be
true and correct as of such earlier date; and

               (ii) The Corporation shall have complied in all material respects with
all its agreements contained herein.

          (b) Any authorizations, consents, commitments, agreements, orders or approvals of, or
declarations or filings with, or expirations of waiting periods imposed by any federal, state or
local court or governmental or regulatory agency or authority or applicable stock exchange or
trading market (any such court, agency, authority, exchange or market, a “Governmental Authority”)
required for the consummation of the Transactions, as defined herein, shall have been obtained or
filed or shall have occurred and any such orders shall have become final, non-appealable orders.

          (c) The Corporation shall have executed and delivered to such Purchaser each of the
Transaction Documents.

          (d) Patton Boggs LLP, counsel to the Corporation, shall have furnished to the Purchasers its
written opinion addressed to the Purchasers and dated the Closing Date that the

2

 

Shares have been duly authorized and, when issued and delivered in accordance with this Agreement,
will be validly issued, fully paid and non-assessable.

     3.2 Conditions to the Corporation’s Obligations. The obligations of the Corporation
hereunder are subject to the accuracy, as of the date hereof and as of the Closing Date, of the
representations and warranties of each Purchaser contained herein and to the performance by each
Purchaser of its obligations hereunder and to each of the following additional terms and
conditions:

          (a) The Purchasers shall have received any and all necessary approvals from all Governmental
Authorities necessary for the purchase by the Purchasers of the Shares as the case may be, pursuant
to this Agreement, and any and all applicable waiting periods upon which such approvals are
conditioned shall have expired;

          (b) Such Purchaser shall have executed each of the Transaction Documents of which it is a
party and delivered the same to the Corporation;

          (c) Such Purchaser shall have executed a non-reliance letter in the form attached as
Exhibit B and delivered the same to Fox-Pitt Kelton Cochran Caronia Waller (USA) LLC (the
“Agent”); and

          (d) Such Purchaser and each other Purchaser shall have delivered to the Corporation the
Purchase Price for the Shares being purchased by such Purchaser and each other Purchaser, severally
and not jointly, at the Closing by wire transfer of immediately available funds pursuant to the
wire instructions provided by the Corporation.

     4. REPRESENTATIONS AND WARRANTIES

     4.1 Representations, Warranties and Agreements of the Corporation. The Corporation
represents and warrants to, and agrees with each Purchaser that as of the date hereof:

          (a) The authorized capital stock of the Corporation consists of 100,000,000 shares of Common
Stock of which 26,828,308 shares of Common Stock are outstanding as of the date of this Agreement
and 10,000,000 shares of preferred stock, $0.01 par value, of which no shares are outstanding as of
the date of this Agreement.

          (b) Since December 31, 2007, the Corporation and Texas Capital Bank, N.A. (the “Subsidiary”)
have filed all material reports, registrations and statements, together with any required
amendments thereto, that it was required to file with the Board of Governors of the Federal Reserve
System (“Federal Reserve”), the Securities and Exchange Commission (the “SEC”), the Office of the
Comptroller of the Currency (“OCC”), and any other applicable federal or state securities or
banking authorities, except where the failure to file any such report, registration or statement
would not reasonably be expected to have a Material Adverse Effect (as defined below). All such
reports and statements filed with any such regulatory body or authority are collectively referred
to herein as the “Corporation Reports”. As of their respective dates, the Corporation Reports
complied as to form in all material respects with all the rules and

3

 

regulations promulgated by the Federal Reserve, the OCC and any other applicable foreign, federal
or state securities or banking authorities, as the case may be.

          (c) Except as previously disclosed in writing to the Purchasers, since December 31, 2007, no
change has occurred and no circumstances exist (including any changes, occurrences, circumstances
or facts existing prior to December 31, 2007 but which become known on or after December 31, 2007)
that is not disclosed in the Disclosure Materials (as defined below) which, individually or in the
aggregate, has had, or would reasonably be expected to have, a Material Adverse Effect.

          (d) The Corporation and the Subsidiary have all permits, licenses, authorizations, orders and
approvals of, and have made all filings, applications and registrations with, any governmental
entities that are required in order to carry on their business as presently conducted and that are
material to the business of the Corporation or the Subsidiary, except where the failure to have
such permits, licenses, authorizations, orders and approvals or the failure to make such filings,
applications and registrations would not, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect; and all such permits, licenses, certificates of authority,
orders and approvals are in full force and effect and, to the knowledge of the Corporation, no
suspension or cancellation of any of them is threatened, and all such filings, applications and
registrations are current.

          (e) Each of the following publicly filed documents is available via the EDGAR system to the
Purchaser: (i) the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2007;
(ii) the Corporation’s Quarterly Reports on Form 10-Q for each of the quarters ended June 30, 2008
and March 31, 2008; (iii) the Corporation’s proxy statement for its Annual Meeting of Stockholders
held on May 19, 2008; and (iv) the Corporation’s Current Reports on Form 8-K filed with the SEC
since December 31, 2007, pursuant to the reporting requirements of the Securities and Exchange Act
of 1934, as amended, and the rules and regulations promulgated thereunder (the “Exchange Act”)
(items (i) through (iv) collectively, the “Disclosure Materials”), which Disclosure Materials
include, among other things, audited consolidated balance sheets of the Corporation as of December
31, 2007 and 2006 and the related consolidated statements of operations, stockholders’ equity and
cash flow for each of the three years in the period ended December 31, 2007. As of the date hereof
and as of the Closing Date, each of the documents comprising a part of the Disclosure Materials,
when such documents are considered together as a whole, did not contain or will not contain any
untrue statement of material fact or omitted to state or will not omit to state any material fact
required to be stated therein or necessary to make the statements therein, in light of the
circumstances under which they were made, not misleading.

          (f) Based upon the representations and warranties of each Purchaser contained herein, the
Corporation is not required by applicable law or regulation in connection with the offer, sale and
delivery of the Shares to the Purchasers in the manner contemplated by this Agreement to register
the Shares under the Securities Act of 1933, as amended (the “Securities Act”), or any state
securities laws.

4

 

          (g) The Corporation and the Subsidiary, (i) have been duly incorporated or organized and are
validly existing in good standing under the laws of their respective jurisdictions of incorporation
or organization, (ii) are duly qualified to do business and are in good standing as foreign
corporations or organizations in each jurisdiction in which their respective ownership or lease of
property or the conduct of their respective businesses requires such qualification, except where
the failure to be so qualified would not result in any material adverse change in the condition,
financial or otherwise, or in the earnings or business affairs of the Corporation and the
Subsidiary (taken as a whole), or which would not materially and adversely affect the assets or
properties of the Corporation and the Subsidiary (taken as a whole), or which would not materially
and adversely affect the ability of the Corporation to perform its obligations under the
Transaction Documents (individually or in the aggregate, a “Material Adverse Effect”, except that
the mere filing of any action, claim, suit or order relating to any actual or threatened litigation
involving the Corporation, the Subsidiary or any of its employees after the date of this Agreement
(rather than the actual facts and circumstances underlying such action, claim, suit or order) shall
not be deemed a “Material Adverse Effect”); and (iii) have all corporate power and authority
necessary to own or hold their respective properties and to conduct the businesses in which they
are currently engaged.

          (h) All of the issued shares of capital stock of the Corporation have been duly and validly
authorized and issued, are fully paid and non-assessable and no such shares were issued in
violation of the preemptive or similar rights of any security holder of the Corporation. No person
has any preemptive or similar statutory or contractual right to purchase any shares of capital
stock of the Corporation. Except as disclosed in the Disclosure Materials and for the 1,900,000
shares of Common Stock reserved for issuance under the Corporation’s equity compensation or other
employee benefit or compensation plans, arrangements, or agreements, there are no outstanding
warrants, options or other rights to subscribe for or purchase any of the Corporation’s capital
stock and no restrictions upon the voting or transfer of any capital stock of the Corporation
pursuant to the Corporation’s charter or bylaws or any agreement or other instrument to which the
Corporation is a party or by which the Corporation is bound.

          (i) The Shares have been duly authorized by the Corporation and, when issued and delivered by
the Corporation against payment therefor in the manner contemplated by this Agreement, will be
validly issued, fully paid and non-assessable, free from all taxes, liens and charges with respect
to the issue thereof, and the issuance of the Shares will not obligate the Corporation to issue
shares of capital stock to any person.

          (j) This Agreement has been duly authorized, executed and delivered by the Corporation and
constitutes a valid and legally binding agreement of the Corporation enforceable against the
Corporation in accordance with its terms, subject to the effects of bankruptcy, insolvency,
reorganization, moratorium and other similar laws relating to or affecting creditors’ rights
generally, and general equitable principles (whether considered in a proceeding in equity or at
law).

          (k) The execution, delivery and performance of this Agreement, the issuance and sale of the
Shares in the manner contemplated hereby, and the consummation of the transactions contemplated
herein (collectively, the “Transactions”), will not (i) conflict with or

5

 

constitute a violation of, or default (with the passage of time or the delivery of notice) under,
(A) any bond, debenture, note or other evidence of indebtedness, or any agreement, lease,
franchise, license, permit, contract, indenture, mortgage, deed of trust, loan agreement, joint
venture or other agreement or instrument to which the Corporation or the Subsidiary is a party or
by which it or the Subsidiary or their property is bound, where such conflict, violation or default
would reasonably be expected to have a Material Adverse Effect, or (B) to the knowledge of the
Corporation, any law, administrative regulation, ordinance or judgment, order or decree of any
court or governmental agency, arbitration panel or authority binding upon the Corporation or the
Subsidiary or any of their property, where such conflict, violation or default would reasonably be
expected to have a Material Adverse Effect, or (ii) violate any of the provisions of the
Certificate of Incorporation, as amended, or By-laws, as amended, of the Corporation; and no
consent, approval, authorization or order of, or filing or registration with any such person
(including, without limitation, any such court or governmental agency or body) is required for the
consummation of the Transactions by the Corporation, except such as may be required under state
securities laws or Regulation D under the Securities Act, or required by The Nasdaq Stock Market.

          (l) The audited consolidated financial statements (including the related notes) included or
incorporated in the Disclosure Materials present fairly, in all material respects, the financial
condition and results of operations of the Corporation and the Subsidiary, at the dates and for the
periods indicated, and have been prepared in conformity with U.S. generally accepted accounting
principles applied on a consistent basis throughout the periods involved.

          (m) Except as disclosed in the Disclosure Materials or as previously disclosed to the
Purchasers, there is no action, suit or proceeding before or by any court or governmental agency or
body or any labor dispute now pending or, to the knowledge of the Corporation, threatened against
the Corporation or the Subsidiary, which would reasonably be expected to have a Material Adverse
Effect.

          (n) No temporary restraining order, preliminary or permanent injunction or other order issued
by any court of competent jurisdiction or other legal restraint or prohibition preventing the
consummation of the Transactions is in effect.

          (o) Except as disclosed in the Disclosure Materials, neither the Corporation nor the
Subsidiary has engaged in conduct that it knew to be a violation of any applicable law or
contractual obligation relating to the recruitment, hiring, extension of offers of employment,
retention or solicitation of any current employee of the Corporation or the Subsidiary where such
conduct would reasonably be expected to have a Material Adverse Effect. To the knowledge of the
Corporation, no executive officer is in violation of any material term of any employment contract,
confidentiality, disclosure or proprietary information agreement or non-competition agreement, or
any other contract or agreement or any restrictive covenant, and to the knowledge of the
Corporation the continued employment of each such executive officer does not subject the
Corporation or the Subsidiary to any material liability with respect to any of the foregoing
matters.

6

 

          (p) Except for payments made or to be made to the Agent, no broker’s, finder’s, investment
banker’s or similar fee or commission has been paid or will be payable by the Corporation with
respect to, or for any services rendered to the Corporation ancillary to, the offer, issue and sale
of the Shares contemplated by this Agreement.

          (q) Except as set forth in the Disclosure Materials, the Corporation does not own or control,
directly or indirectly, any “Significant Subsidiary” as defined in SEC Regulation S-X.

          (r) All material agreements to which the Corporation and the Subsidiary is a party and which
are required to have been filed by the Corporation pursuant to SEC Regulation S-K have been filed
by the Corporation with the SEC pursuant to the requirements of the Securities Act or the Exchange
Act, as applicable. Except for such agreements that have expired or terminated in accordance with
their terms prior to the date hereof, each such agreement is in full force and effect and is
binding on the Corporation and/or the Subsidiary, as applicable, and, to the knowledge of the
Corporation, is binding upon such other parties, in each case in accordance with its terms, and
neither the Corporation, any of the Subsidiary nor, to the knowledge of the Corporation, any other
party thereto, is in breach of or default under any such agreement, which breach or default would
reasonably be expected to have a Material Adverse Effect. Neither the Corporation, nor any of the
Subsidiary, has received any written notice regarding the termination of any such agreements.

          (s) Each of the Corporation and the Subsidiary has filed on a timely basis all material
federal, state, local and foreign income and franchise tax returns required to be filed by it
through the date hereof or had properly requested extension thereof and has paid all material taxes
shown as due thereon, and any related material assessments, fines or penalties, except where the
failure to do so would not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect. Each of the Corporation and the Subsidiary has made reasonably adequate
charges, accruals and reserves in the applicable financial statements referred to in this Section
4.1(s) in respect of all federal, state, local and foreign income and franchise taxes for all
periods as to which the tax liability of the Corporation and the Subsidiary has not been finally
determined. The Corporation has no knowledge of a material tax deficiency which has been or is
reasonably likely to be asserted or threatened against it or the Subsidiary.

          (t) To its knowledge, the Corporation and the Subsidiary are in compliance with all applicable
laws, rules, regulations, orders, decrees and judgments applicable to it, including, without
limitation, all applicable local, state and federal environmental laws and regulations and the
provisions of the Sarbanes-Oxley Act of 2002, as amended (“Sarbanes-Oxley Act”) and the applicable
federal and state banking laws, rules and regulations, together with the Sarbanes-Oxley Act, the
“Applicable Laws”), except where failure to be so in compliance would not have a Material Adverse
Effect. Neither the Corporation nor the Subsidiary has received any notice of purported or actual
non-compliance with Applicable Laws, except to the extent it would not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect. Neither the Corporation nor
the Subsidiary has received any communication from any Governmental Authority (i) threatening to
revoke any permit, license, franchise, certificate of authority or other governmental
authorization, or (ii) threatening or contemplating revocation or

7

 

limitation of, or which would have the effect of revoking or limiting, Federal Deposit Insurance
Company (the “FDIC”) deposit insurance.

          (u) To its knowledge, the Corporation’s Common Stock is in compliance with all the
requirements of The Nasdaq Stock Market (the “Nasdaq”) for continued listing of the Common Stock
thereon. Furthermore, the Corporation has taken no action designed to, or reasonably likely to
have the effect of, terminate the registration of the Common Stock under the Exchange Act or
de-listing the Common Stock from Nasdaq, nor has the Corporation received any notification that the
SEC is contemplating terminating such registration or listing.

          (v) To its knowledge, the operations of the Corporation and the Subsidiary are conducted, in
all material respects, in compliance with applicable financial recordkeeping and reporting
requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money
laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or
similar rules, regulations or guidelines, issued, administered or enforced by any governmental
agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before
any court or governmental agency, authority or body or any arbitrator involving the Corporation or
the Subsidiary with respect to the Money Laundering Laws is pending or, to the knowledge of the
Corporation, threatened, except to the extent it would not reasonably be expected to have a
Material Adverse Effect.

          (w) Neither the Corporation nor the Subsidiary nor, to the knowledge of the Corporation, any
director, officer, agent, employee or affiliate of the Corporation or the Subsidiary is currently
subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S.
Treasury Department (“OFAC”); and the Corporation will not intentionally directly or indirectly use
the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any
subsidiary, joint venture partner or other person or entity, for the purpose of financing the
activities of any person currently subject to any U.S. sanctions administered by OFAC.

          (x) Each of the Corporation and the Subsidiary has good and marketable title to all properties
and assets reflected as owned by it in the financial statements and in the Disclosure Materials and
that it otherwise purports to own, and such properties and assets are not subject to any lien,
mortgage, pledge, or security interest except (i) those, if any, securing debt reflected in the
financial statements included in the Disclosure Materials, or (ii) those which are not material in
amount or do not adversely affect the use made and intended to be made of such property by the
Corporation or the Subsidiary. Each of the Corporation and the Subsidiary holds its leased
properties under valid and enforceable leases, with such exceptions as would not reasonably be
expected to have a Material Adverse Effect. Except as disclosed in the Disclosure Materials, each
of the Corporation and the Subsidiary owns or leases all such properties as are necessary to its
operations as now conducted.

          (y) Each of the Corporation and the Subsidiary maintains insurance (issued by insurers of
recognized financial responsibility) of the types, against such losses and in the amounts, with
such insurers and subject to deductibles and exclusions as are customary in the Corporation’s and
the Subsidiary’s industry and otherwise reasonably prudent, including,

8

 

without limitation, insurance covering all real and personal property owned or leased by the
Corporation and the Subsidiary against theft, damage, destruction, acts of vandalism and all other
risks customarily insured against by similarly situated companies, all of which insurance is in
full force and effect.

          (z) Ernst & Young LLP, who will express their opinion with respect to the audited financial
statements and schedules to be included as a part of the registration statement to be filed
pursuant to the Registration Rights Agreement (the “Registration Statement”) prior to the filing of
the Registration Statement, are independent public accountants as required by the Securities Act,
and the rules and regulations of the SEC thereunder.

          (aa) The Corporation has satisfied the conditions for use of Form S-3 as set forth in the
General Instructions to such Form.

          (bb) The Corporation is not and, after giving effect to the offering and sale of the Shares as
contemplated in this Agreement will not be an “investment company” as defined in the Investment
Company Act of 1940, as amended.

          (cc) The Corporation has not taken, directly or indirectly, any action designed to or that
would constitute, under the Exchange Act or otherwise, stabilization or manipulation of the price
of any security of the Corporation to facilitate the sale or resale of the Shares.

          (dd) At all times since December 31, 2007, the Corporation and the Subsidiary meet or exceed
the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory
framework for prompt corrective action.

          (ee) None of the Corporation, the Subsidiary, any of their affiliates, and any Person acting
on their behalf has, directly or indirectly, made any offers or sales of the Shares or solicited
any offers to buy the Shares, under circumstances that would require registration of the Shares
under the Securities Act. None of the Corporation, the Subsidiary, any of their affiliates, and any
Person acting on their behalf has, directly or indirectly, made any offers or sales of any security
or solicited any offers to buy any security under circumstances that would cause this offering of
the Shares to be integrated with prior offerings by the Corporation for purposes of the Securities
Act or any applicable stockholder approval provisions, including, without limitation, under the
rules and regulations of any exchange or automated quotation system on which any of the securities
of the Corporation are listed or designated. None of the Corporation, the Subsidiary, their
affiliates and any Person acting on their behalf will take any action or steps referred to in the
preceding sentence that would require registration of any of the Shares under the Securities Act.

          (ff) Except as disclosed in the Disclosure Materials or as is exempt from such disclosure
under applicable SEC regulations, none of the officers, directors or employees of the Corporation
is presently a party to any transaction with the Corporation or the Subsidiary (other than for
ordinary course services as employees, officers or directors), including any contract, agreement or
other arrangement providing for the furnishing of services to or by, providing for rental of real
or personal property to or from, or otherwise requiring payments to or from any

9

 

such officer, director or employee or, to the knowledge of the Corporation, any corporation,
partnership, trust or other entity in which any such officer, director, or employee has a
substantial interest or is an officer, director, trustee or partner.

          (gg) There is no transaction, arrangement, or other relationship between the
Corporation and an unconsolidated or other off balance sheet entity that is required to be
disclosed by the Corporation in its Exchange Act filings and is not so disclosed or that otherwise
would be reasonably likely to have a Material Adverse Effect.

     4.2 Representations and Warranties and Agreements of the Purchasers. Each Purchaser
severally and not jointly, represents and warrants to, and agrees with the Corporation that, as of
the date hereof:

          (a) Such Purchaser has full power and authority to enter into this Agreement and this
Agreement constitutes a valid and legally binding obligation of such Purchaser, enforceable against
such Purchaser in accordance with its terms, subject to the effects of bankruptcy, insolvency,
reorganization, moratorium and other similar laws relating to or affecting creditor’s rights
generally, and general equitable principles (whether considered in a proceeding in equity or at
law).

          (b) If the Purchaser is a corporation, partnership, limited liability company, trust, or other
entity, it represents that: (i) it is duly organized, validly existing and in good standing in its
jurisdiction of incorporation or organization and has all the requisite power and authority to
purchase the Shares as provided herein, and (ii) such investment has been duly authorized by all
necessary action on behalf of the Purchaser.

          (c) If the Purchaser is purchasing the Shares in a representative or fiduciary capacity, the
representations and warranties contained herein (and in any other written statement or document
delivered to the Corporation in connection herewith) shall be deemed to have been made on behalf of
the person or persons for whom such Shares are being purchased.

          (d) Such Purchaser is purchasing the Shares for Purchaser’s own account and not with a view to
or for sale in connection with any distribution thereof in a transaction that would violate or
cause a violation of the Securities Act or the securities laws of any state or any other applicable
jurisdiction. The Purchaser has no present intention of selling the Shares, granting any
participation interest in the Shares or otherwise distributing the Shares, in each case in
violation of the Securities Act. If the Purchaser is an entity, the Purchaser has not been
organized solely for the purpose of acquiring the Shares. Purchaser is not a broker dealer
registered with the SEC under the Exchange Act or an entity engaged in a business that would
require it to be so registered.

          (e) Such Purchaser is an “accredited investor” as defined in Rule 501(a) promulgated under the
Securities Act and understands and agrees that the offer and sale of the Shares to Purchasers
hereunder have not been registered under the Securities Act or any state securities law in reliance
on the availability of an exemption from such registration requirements based on the accuracy of
the Purchaser’s representations in this Section 4.2.

10

 

          (f) In the normal course of such Purchaser’s business or affairs, Purchaser invests in or
purchases securities similar to the Shares and has such knowledge and experience in financial and
business matters as to be capable of evaluating the merits and risks of purchasing the Shares.
Purchaser has received and has carefully reviewed the Disclosure Materials and understands the
information contained therein. Purchaser understands that the Disclosure Materials contain certain
“forward-looking” information regarding the Corporation and its business, and that the
Corporation’s ability to predict results or the actual effect of future plans or strategies is
inherently uncertain. Purchaser has had access to such financial and other information concerning
the Corporation and the Subsidiary as Purchaser deemed necessary or desirable in making a decision
to purchase the Shares, including an opportunity to ask questions and receive answers from officers
of the Corporation and to obtain additional information (to the extent the Corporation possessed
such information or could acquire it without unreasonable effort or expense) necessary to verify
the accuracy of any information furnished to Purchaser or to which Purchaser had access.

          (g) Such Purchaser is not relying on the Corporation or any of its affiliates with respect to
an analysis or consideration of the terms of or economic considerations relating to an investment
in the Shares. In regard to such considerations and analysis, the Purchaser has relied on the
advice of, or has consulted with, only his, her or its own advisors, other than those advisors of
the undersigned affiliated with the Corporation or any of its affiliates or the Agent.

          (h) Such Purchaser acknowledges and is aware that there are substantial restrictions on the
transferability of the Shares. Purchaser understands that the Shares have not been registered under
the Securities Act and are “restricted securities” within the meaning of Rule 144 and may not be
sold, transferred, or otherwise disposed of without registration under the Securities Act or an
exemption therefrom. Furthermore, Purchaser acknowledges that each certificate evidencing the
Shares purchased hereunder will bear a legend substantially to the effect set forth below, and each
Purchaser covenants that, except to the extent such restrictions are waived by the Corporation,
such Purchaser shall not transfer the shares represented by any such certificate without complying
with the restrictions on transfer described in the legend endorsed on such certificate:

     THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, OR HYPOTHECATED ABSENT AN
EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR COMPLIANCE WITH RULE 144 PROMULGATED UNDER SUCH
ACT, OR UNLESS THE CORPORATION HAS RECEIVED AN OPINION OF COUNSEL, SATISFACTORY TO THE CORPORATION
AND ITS COUNSEL, IN A GENERALLY ACCEPTABLE FORM, THAT SUCH REGISTRATION IS NOT REQUIRED.
NOTWITHSTANDING THE FOREGOING, THE SHARES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SHARES.

     Purchaser understands that except as provided in the Registration Rights Agreement, Purchaser
has no right to require that the Shares be registered under the Securities Act.

11

 

     If the Shares become eligible for sale pursuant to Rule 144(b)(1) or any similar or successor
provision, the Corporation shall within seven days, upon the request of the holder of such Shares
pursuant to this Agreement, remove the legend set forth in Section 4.2(h) from the certificates for
such Shares. In addition, if in connection with any transfer a holder of the Shares pursuant to
this Agreement delivers to the Corporation an opinion of counsel which (to the Corporation’s
reasonable satisfaction) is knowledgeable in securities law matters to the effect that no
subsequent transfer of such Shares shall require registration under the Securities Act, then the
Corporation promptly upon such contemplated transfer shall deliver new certificates for such Shares
which do not bear the Securities Act legend set forth in Section 4.2(h).

          (i) Each Purchaser represents and warrants that it is not required to obtain, prepare or file
any authorization, approval, consent, filing or registration with any federal Governmental
Authority in order to consummate the Transactions at the Closing Date.

          (j) Purchaser did not learn of the investment in the Shares by means of any formal general or
public solicitation or general advertising or publicly disseminated advertisements or sales
literature, including (i) any advertisement, articles, notices or other communication published in
any newspaper, magazine or similar media, or broadcast over television or radio, or (ii) any
seminar or meeting to which such Purchaser was invited by any of the foregoing means of
communications.

          (k) Each Purchaser understands that the Shares are being offered and sold to it in reliance
upon specific exemptions from the registration requirements of United States federal and state
securities laws and that the Corporation is relying upon the truth and accuracy of, and such
Purchaser’s compliance with, the representations, warranties, agreements, acknowledgements and
understandings of the Purchasers set forth in this Section 4.2 in order to determine the
availability of such exemption and the eligibility of the Purchaser to acquire the Shares.

          (l) Such Purchaser acknowledges and understands that its investment in the Shares involves a
significant degree of risk, including, without limitation that (i) an investment in the Corporation
is not without risk (and specific reference is made to the “Risk Factors” discussion included in
“Item 1. Business” of the Corporation’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2007) and (ii) in the event of a disposition of the Shares, the Purchaser could
sustain the loss of its entire investment.

          (m) No Purchaser, nor any affiliate, foreign or domestic, of such Purchaser, has directly or
indirectly, nor has any person acting on behalf of or pursuant to any understanding with the
undersigned, engaged in any transactions in the securities of the Corporation (including, without
limitation, any Short Sales (as defined below) involving the Corporation’s securities) since the
date that the undersigned was first contacted by the Corporation or the Agent or any person acting
on their behalf regarding the investment in the Corporation contemplated by this Agreement. For
purposes of this paragraph, “Short Sales” include, without limitation, all “short sales” as defined
in Rule 200 of Regulation SHO adopted under the Exchange Act and all types of direct and indirect
stock pledges, forward sale contracts,

12

 

options, puts, calls, short sales, swaps and similar arrangements (including on a total return
basis), and sales and other transactions through non-US broker-dealers or foreign regulated brokers
having the effect of hedging the securities of the Corporation or the investment contemplated under
this Agreement. Each Purchaser covenants that neither it, nor any person acting on its behalf or
pursuant to any understanding with it, will engage in any transactions in the securities of the
Corporation (including Short Sales) prior to the time that the Transactions contemplated by this
Agreement are publicly disclosed by the Corporation by means of filing a Current Report on Form
8-K.

     5. ADDITIONAL AGREEMENTS

     5.1 Availability of Information. The Corporation agrees to use its commercially
reasonable efforts to timely file all periodic reports required under Sections 13(a), 15(d) and
14(a) of the Exchange Act and to maintain the listing of its Common Stock on the Nasdaq Global
Select Market or other similar stock exchange following the Closing Date for so long as is required
under Rule 144 for the sale of the Shares.

     5.2 Form D and Blue Sky. The Corporation agrees to file a Form D with respect to the
Shares as required under Regulation D and to provide a copy thereof to each Purchaser promptly
after such filing. The Corporation, on or before the Closing Date, shall take such action as the
Corporation shall reasonably determine is necessary in order to obtain an exemption for or to
qualify the Shares for sale to the Purchasers at the Closing pursuant to this Agreement under
applicable securities or “Blue Sky” laws of the states of the United States (or to obtain an
exemption from such qualification), and shall provide evidence of any such action so taken to the
Purchasers on or prior to the Closing Date. The Corporation shall make all filings and reports
relating to the offer and sale of the Shares required under applicable securities or “Blue Sky”
laws of the states of the United States following the Closing Date.

     5.3 Regulatory Matters. Each of the Corporation and each Purchaser agree to use
reasonable efforts to take all actions and to do all things necessary, proper or advisable to
obtain any authorizations, consents, orders and approvals of all Governmental Authorities necessary
for the Corporation to sell the Shares on the Closing Date on terms consistent with the terms set
forth in this Agreement.

     5.4 Publicity. Each Purchaser acknowledges that the Corporation will publicly announce
the entering into this Agreement and the completion of the Transactions as soon as practicable
following the date hereof and in any event not later than the second business day after the Closing
Date; provided, however, that the Corporation shall not specifically name the Purchasers in a press
release without the prior consent of such Purchaser. Notwithstanding the preceding paragraph, each
Purchaser hereby agrees that the Corporation may specifically name Purchaser as one of the
Purchasers of Shares in its periodic reports filed under the Exchange Act as required by the rules
and regulations of the Exchange Act and as otherwise required in the Registration Statement.

13

 

     5.5 Stockholder Approval. The Corporation shall not take any action or omit to take
any action that would cause the Transactions or any portion thereof to require a vote of the
Corporation’s stockholders.

     6. MISCELLANEOUS

     6.1 Survival of Representations and Warranties. All statements contained in any
officers’ certificates delivered by or on behalf of the Corporation or the Subsidiary pursuant to
this Agreement or in connection with the Transactions contemplated hereby will be deemed
representations or warranties of the Corporation under this Agreement. All representations and
warranties contained in this Agreement made by or on behalf of the Corporation or the Purchasers
will survive the execution and delivery of this Agreement, any investigation at any time made by or
on behalf of the Corporation or the Purchasers, and the sale and purchase of the Shares under this
Agreement, and, except for representations and warranties set forth in Sections 4.1(g), (h), (i),
(j) and Section 4.2(b) and (i), shall expire on the first anniversary of the Closing Date.

     6.2 Successors and Assigns. This Agreement shall be binding upon and inure to the
benefit of and be enforceable by or against the respective successors and assigns of the parties
hereto.

     6.3 Notices. All written communications provided for herein are required to be sent by
U.S. Certified Mail or recognized overnight delivery service (with charges prepaid) and (i) if to a
Purchaser, addressed to such Purchaser at the address as specified for such communications in the
Signature Page, or at such other address as such Purchaser may have specified to the Corporation in
writing, and (ii) if to the Corporation, addressed to it at:

Texas Capital Bancshares, Inc.

2100 McKinney Avenue, Suite 900

Dallas, Texas, U.S.A. 75201

Attn: Peter Bartholow, Chief Financial Officer

     with a copy (for informational purposes only) to:

Patton Boggs LLP

2001 Ross Avenue

Suite 3000

Dallas, Texas 75201

Attn: Norman Miller, Esq.

or at such other address as the Corporation may have specified to the Purchasers in writing.
Notices under this Section 6.3 shall be deemed given only when actually received.

     6.4 Governing Law. All questions concerning the construction, validity, enforcement
and interpretation of this Agreement shall be governed by the internal laws of the State of
Delaware, without giving effect to any choice of law or conflict of law provision or rule (whether

14

 

of the State of Delaware or any other jurisdictions) that would cause the application of the
laws of any jurisdictions other than the State of Delaware.

     6.5 Counterparts. This Agreement may be executed in one or more counterparts and, if
executed in more than one counterpart, the executed counterparts shall each be deemed to be an
original, but all such counterparts shall together constitute one and the same instrument.

     6.6 Headings. The headings herein are inserted for convenience of reference only and
are not intended to be part of, or to affect the meaning or interpretation of, this Agreement.

     6.7 Severability. Any provision of this Agreement that is prohibited or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions hereof, and any such
prohibition or unenforceability in any jurisdiction shall (to the full extent permitted by law) not
invalidate or render unenforceable such provision in any other jurisdiction.

     6.8 Expenses. Each Purchaser and the Corporation shall bear all expenses incurred by
it in connection with the Agreement and the Transactions contemplated hereby.

     6.9 Construction. Each agreement contained herein shall be construed (absent express
provision to the contrary) as being independent of each other agreement contained herein, so that
compliance with any one agreement shall not (absent such an express contrary provision) be deemed
to excuse compliance with any other agreement. Where any provision herein refers to action to be
taken by any person or entity, or which such person or entity is prohibited from taking, such
provision shall be applicable whether such action is taken directly or indirectly by such person or
entity.

     6.10 Entire Agreement; Amendments. This Agreement supersedes all other prior oral or
written agreements between the Purchasers, the Corporation, their affiliates and Persons acting on
their behalf with respect to the matters discussed herein, and this Agreement and the instruments
referenced herein contain the entire understanding of the parties with respect to the matters
covered herein and therein and, except as specifically set forth herein or therein, neither the
Corporation nor any Purchaser makes any representation, warranty, covenant or undertaking with
respect to such matters. No provision of this Agreement may be amended other than by an instrument
in writing signed by i) the Corporation; and iii) the holders of Shares representing at least
two-thirds of the amount of the Shares then outstanding, or, if prior to the Closing Date, the
Purchasers listed on the Signature Page as being obligated to purchase at least a majority of the
amount of the Shares. No provision hereof may be waived other than by an instrument in writing
signed by the party against whom enforcement is sought. No such amendment shall be effective to
the extent that it applies to less than all of the holders of the Shares then outstanding. No
consideration shall be offered or paid to any Person to amend or consent to a waiver or
modification of any provision of any of the Transaction Documents unless the same consideration
also is offered to all of the parties to the Transaction Documents, including holders of the
Shares. The Corporation has not, directly or indirectly, made any agreements with any Purchasers
relating to the terms or conditions of the transactions contemplated by the Transaction Documents
except as set forth in the Transaction Documents. Without limiting the

15

 

foregoing, the Corporation confirms that, except as set forth in this Agreement, no Purchaser
has made any commitment or promise or has any other obligation to provide any financing to the
Corporation or otherwise.

     6.11 Successors and Assigns. This Agreement shall be binding upon and inure to the
benefit of the parties and their respective successors and assigns, including any purchasers of the
Shares. The Corporation shall not assign this Agreement or any rights or obligations hereunder
without the prior written consent of the holders of Shares representing at least a majority of the
amount of the Shares then outstanding. A Purchaser may assign some or all of its rights hereunder
without the consent of the Corporation, in which event such assignee shall be deemed to be a
Purchaser hereunder with respect to such assigned rights.

     6.12 No Third Party Beneficiaries. This Agreement is intended for the benefit of the
parties hereto and their respective permitted successors and assigns, and is not for the benefit
of, nor may any provision hereof be enforced by, any other Person.

     6.13 Indemnification.

          (a) In consideration of each Purchaser’s execution and delivery of the Transaction Documents
and acquiring the Shares thereunder and in addition to all of the Corporation’s other obligations
under the Transaction Documents, the Corporation shall defend, protect, indemnify and hold harmless
each Purchaser and all of their stockholders, partners, members, officers, directors, employees and
any of the foregoing Persons’ agents or other representatives (including, without limitation, those
retained in connection with the transactions contemplated by this Agreement) (collectively, the
“Indemnitees”) from and against any and all actions, causes of action, suits, claims, losses,
costs, penalties, fees, liabilities and damages, and expenses in connection therewith (irrespective
of whether any such Indemnitee is a party to the action for which indemnification hereunder is
sought), and including reasonable attorneys’ fees and disbursements (the “Indemnified
Liabilities”), incurred by any Indemnitee as a result of, or arising out of, or relating to (a) any
misrepresentation or breach of any representation or warranty made by the Corporation in the
Transaction Documents or any other certificate, instrument or document contemplated hereby or
thereby, (b) any breach of any covenant, agreement or obligation of the Corporation contained in
the Transaction Documents or any other certificate, instrument or document contemplated hereby or
thereby or (c) any cause of action, suit or claim brought or made against such Indemnitee by a
third party (including for these purposes a derivative action brought on behalf of the Corporation)
and arising out of or resulting from any misrepresentation or breach of any representation or
warranty made by the Corporation in the Transaction Documents, or any covenant, agreement or
obligation of the Corporation contained in the Transaction Documents, or any other certificate,
instrument or document contemplated hereby or thereby. To the extent that the foregoing
undertaking by the Corporation may be unenforceable for any reason, the Corporation shall make the
maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities which
is permissible under applicable law.

          (b) Promptly after receipt by an Indemnitee under this Section 6.13 of notice of the
commencement of any action or proceeding (including any governmental action or

16

 

proceeding) involving an Indemnified Liability, such Indemnitee shall, if a claim for
indemnification in respect thereof is to be made against any indemnifying party under this Section
6.13, deliver to the indemnifying party a written notice of the commencement thereof, and the
indemnifying party shall have the right to participate in, and, to the extent the indemnifying
party so desires, jointly with any other indemnifying party similarly noticed, to assume control of
the defense thereof with counsel mutually satisfactory to the indemnifying party and the
Indemnitee; provided, however, that an Indemnitee shall have the right to retain its own counsel
with the fees and expenses of not more than one counsel for such Indemnitee to be paid by the
indemnifying party, if, in the reasonable opinion of counsel to the Indemnitee, the representation
by such counsel of the Indemnitee and the indemnifying party would be inappropriate due to actual
or potential differing interests between such Indemnitee and the indemnifying party. Legal
counsel referred to in the immediately preceding sentence shall be selected by the Purchasers
holding at least a majority of the Shares issued and issuable hereunder. The Indemnitee shall
cooperate fully with the indemnifying party in connection with any negotiation or defense of any
such action or Indemnified Liabilities by the indemnifying party and shall furnish to the
indemnifying party all information reasonably available to the Indemnitee that relates to such
action or Indemnified Liabilities. The indemnifying party shall keep the Indemnitee fully apprised
at all times as to the status of the defense or any settlement negotiations with respect thereto.
No indemnifying party shall be liable for any settlement of any action, claim or proceeding
effected without its prior written consent, provided, however, that the indemnifying party shall
not unreasonably withhold, delay or condition its consent. No indemnifying party shall, without
the prior written consent of the Indemnitee, which consent shall not be unreasonably withheld
conditioned or delayed, consent to entry of any judgment or enter into any settlement or other
compromise which (i) does not include as an unconditional term thereof the giving by the claimant
or plaintiff to such Indemnitee of a release from all liability in respect to such Indemnified
Liabilities or litigation, (ii) requires any admission of wrongdoing by such Indemnitee, or (iii)
obligates or requires an Indemnitee to take, or refrain from taking, any action. Following
indemnification as provided for hereunder, the indemnifying party shall be subrogated to all rights
of the Indemnitee with respect to all third parties, firms or corporations relating to the matter
for which indemnification has been made. The failure to deliver written notice to the indemnifying
party within a reasonable time of the commencement of any such action shall not relieve such
indemnifying party of any liability to the Indemnitee under this Section 6.13, except to the extent
that the indemnifying party is prejudiced in its ability to defend such action.

          (c) The indemnification required by this Section 6.13 shall be made by periodic payments of
the amount thereof during the course of the investigation or defense, as and when bills are
received or Indemnified Liabilities are incurred.

          (d) The indemnity agreements contained herein shall be in addition to (x) any cause of action
or similar right of the Indemnitee against the indemnifying party or others, and (y) any
liabilities the indemnifying party may be subject to pursuant to the law.

     6.14 No Strict Construction. The language used in this Agreement will be deemed to be
the language chosen by the parties to express their mutual intent, and no rules of strict
construction will be applied against any party.

17

 

     6.15 Rescission and Withdrawal Right. Notwithstanding anything to the contrary
contained in (and without limiting any similar provisions of) the Transaction Documents, whenever
any Purchaser exercises a right, election, demand or option under a Transaction Document and the
Corporation does not timely perform its related obligations within the periods therein provided,
then such Purchaser may rescind or withdraw, in its sole discretion from time to time upon written
notice to the Corporation, any relevant notice, demand or election in whole or in part without
prejudice to its future actions and rights.

     6.16 Payment Set Aside. To the extent that the Corporation makes a payment or
payments to the Purchasers hereunder or pursuant to any of the other Transaction Documents or the
Purchasers enforce or exercise their rights hereunder or thereunder, and such payment or payments
or the proceeds of such enforcement or exercise or any part thereof are subsequently invalidated,
declared to be fraudulent or preferential, set aside, recovered from, disgorged by or are required
to be refunded, repaid or otherwise restored to the Corporation, a trustee, receiver or any other
person under any law (including, without limitation, any bankruptcy law, foreign, state or federal
law, common law or equitable cause of action), then to the extent of any such restoration the
obligation or part thereof originally intended to be satisfied shall be revived and continued in
full force and effect as if such payment had not been made or such enforcement or setoff had not
occurred.

     6.17 Independent Nature of Purchasers’ Obligations and Rights. The obligations of
each Purchaser under any Transaction Document are several and not joint with the obligations of any
other Purchaser, and no Purchaser shall be responsible in any way for the performance of the
obligations of any other Purchaser under any Transaction Document. Nothing contained herein or in
any other Transaction Document, and no action taken by any Purchaser pursuant hereto or thereto,
shall be deemed to constitute the Purchasers as a partnership, an association, a joint venture or
any other kind of entity, or create a presumption that the Purchasers are in any way acting in
concert or as a group with respect to such obligations or the transactions contemplated by the
Transaction Documents and the Corporation acknowledges that the Purchasers are not acting in
concert or as a group with respect to such obligations or the transactions contemplated by the
Transaction Documents. Each Purchaser confirms that it has independently participated in the
negotiation of the transaction contemplated hereby with the advice of its own counsel and advisors.
Each Purchaser shall be entitled to independently protect and enforce its rights, including,
without limitation, the rights arising out of this Agreement or out of any other Transaction
Documents, and it shall not be necessary for any other Purchaser to be joined as an additional
party in any proceeding for such purpose.

[SIGNATURE PAGE FOLLOWS]

18

 

     If the foregoing correctly sets forth the agreement between the Corporation and the Purchaser,
please indicate your acceptance in the space provided for that purpose below.

	 	 	 	 	 
	 	Very truly yours,

TEXAS CAPITAL BANCSHARES, INC.

 	 
	 	By:  	/s/     George F. Jones, Jr.
 	 
	 	 	Name:  	George F. Jones, Jr. 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 1,500,000
	 
	 	 	 	 	 	 	 	 
	T. ROWE PRICE ASSOCIATES, INC.	 	 	 	Price per Share $14.50
	Investment Adviser of the Funds and
Accounts	 	 	 	 
	On Attachment A	 	 	 	Purchase Price: $21,750,000
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Michael Gitlin
 

Name: Michael Gitlin
	 	 	 	 
	 

	 	 	 	Title: Vice President	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: See Attachment A

Registered Address:

T. Rowe Price Associates, Inc.

100 East Pratt Street 

Baltimore, MD 21202

Delivery Address: See Attachment A

	 	 	 	 	 
	Contact Person: Darrell N. Braman, Vice President and Associate Legal Counsel
	 

	 	Telephone:
	 	410-345-2013
	 

	 	Facsimile:
	 	410-345-6575
	 

	 	Email:
	 	darrell_braman@troweprice.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                                 

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 350,000
	 
	 	 	 	 	 	 	 	 
	MALTA TITAN FUND, L.P.	 	 	 	Price per Share $14.50
	 
	 	 	 	 	 	 	 	 
	By: SOAM Holdings, LLC	 	 	 	Purchase Price: $5,075,000
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	 /s/ Terry Maltese
 

Terry Maltese
	 	 	 	 
	 

	 	 	 	Managing Member
	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta Titan Fund, L.P.

Registered Address:

c/o
Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 	 	 
	Contact Person: Scott Kucsma
	 

	 	Telephone:
	 	(212) 486-7300
	 

	 	Facsimile:
	 	(212) 486-7580
	 

	 	Email:
	 	 skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                             

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 15,900
	 
	 	 	 	 	 	 	 	 
	MALTA HEDGE FUND, L.P.	 	 	 	Price per Share $14.50
	 
	 	 	 	 	 	 	 	 
	By: SOAM Holdings, LLC	 	 	 	Purchase Price: $230,550
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese
 

Terry Maltese
	 	 	 	 
	 

	 	 	 	Managing Member
	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta Hedge Fund, L.P.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 	 	 
	Contact Person: Scott Kucsma
	 

	 	Telephone:
	 	(212) 486-7300
	 

	 	Facsimile:
	 	(212) 486-7580
	 

	 	Email:
	 	skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                             

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 93,900
	 
	 	 	 	 	 	 	 	 
	MALTA HEDGE FUND II, L.P.	 	 	 	Price per Share $14.50
	 
	 	 	 	 	 	 	 	 
	By: SOAM Holdings, LLC	 	 	 	Purchase Price: $1,361,550
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Terry Maltese	 	 	 	 
	 

	 	 	 	Managing Member
	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta Hedge Fund II, L.P.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 	 	 
	Contact Person: Scott Kucsma
	 

	 	Telephone:
	 	(212) 486-7300
	 

	 	Facsimile:
	 	(212) 486-7580
	 

	 	Email:
	 	skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                             

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 27,400
	 
	 	 	 	 	 	 
	MALTA OFFSHORE, LTD.	 	 	 	Price per Share $14.50
	 
	 	 	 	 	 	 
	By:

	 	/s/ Terry Maltese
 

Terry Maltese
	 	 	 	Purchase Price: $397,300 
	 

	 	Director	 	 	 	 
	 

	 	 	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta Offshore, Ltd.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 	 	 
	Contact Person: Scott Kucsma
	 

	 	Telephone:
	 	(212) 486-7300
	 

	 	Facsimile:
	 	(212) 486-7580
	 

	 	Email:
	 	 skucsma@soam.com

Tax ID No.: N/A

Relationship between the Purchaser and the person or entity in whose name the Shares should
be registered (if different):                                 

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 70,300
	 
	 	 
	MALTA MLC FUND, L.P.

	 	Price per Share $14.50
	 
	 	 
	By: SOAM Holdings, LLC

	 	Purchase Price: $1,019,350

	 	 	 	 	 	 	 
	     By:

	 	/s/ Terry Maltese	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Terry Maltese	 	 	 	 
	 

	 	Managing Member
	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta MLC Fund, L.P.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 
	Contact Person:

	 	Scott Kucsma
	Telephone:

	 	(212) 486-7300
	Facsimile:

	 	(212) 486-7580
	Email:

	 	skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should
be registered (if different):                     

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 81,600
	 
	 	 
	MALTA MLC OFFSHORE, LTD.

	 	Price per Share $14.50
	 
	 	 
	 

	 	Purchase Price: $1,183,200

	 	 	 	 	 	 	 
	By:

	 	/s/ Terry Maltese	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Terry Maltese
Director	 	 	 	 
	 
	 

	 	 
	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta MLC Offshore, Ltd.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 
	Contact Person:

	 	Scott Kucsma
	Telephone:

	 	(212) 486-7300
	Facsimile:

	 	(212) 486-7580
	Email:

	 	skucsma@soam.com

Tax ID No.: N/A

Relationship between the Purchaser and the person or entity in whose name the Shares
should be registered (if different):                     

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 10,900
	 
	 	 
	MALTA PARTNERS, L.P.

	 	Price per Share $14.50
	 
	 	 
	By: SOAM Holdings, LLC

	 	Purchase Price: $158,050

	 	 	 	 	 	 	 
	     By:

	 	/s/ Terry Maltese	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Terry Maltese	 	 	 	 
	 

	 	Managing Member
	 	 
	 	Date: September 8, 2008

Exact Name for Registration of Shares: Malta Partners, L.P.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 
	Contact Person:

	 	Scott Kucsma
	Telephone:

	 	(212) 486-7300
	Facsimile:

	 	(212) 486-7580
	Email:

	 	skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                     

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 250,000
	 
	 	 
	SOAM CAPITAL PARTNERS, L.P.

	 	Price per Share $14.50
	 
	 	 
	By:   SOAM Venture Holdings, LLC

	 	Purchase Price: $3,625,000

	 	 	 	 	 
	By:

	 	/s/ Terry Maltese	 	 
	 

	 	 	 	 
	 

	 	Terry Maltese	 	 
	 

	 	Managing Member
	 	Date: September 8, 2008

Exact Name for Registration of Shares: Soam Capital Partners, L.P.

Registered Address:

c/o Sandler O’Neill Asset Management

780 Third Avenue, 5th Floor

New York, NY 10017

Delivery Address:

SAME

	 	 	 
	Contact Person: Scott Kucsma
	     Telephone:

	 	(212) 486-7300
	     Facsimile:

	 	(212) 486-7580
	     Email:

	 	skucsma@soam.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                              

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 665,787
	 
	 	 
	JOHN HANCOCK REGIONAL BANK FUND

	 	Price per Share $14.50
	MFC Global Investment Management (U.S.), LLC as
	 	 
	subadviser for the fund
	 	 
	 
	 	Purchase Price: $9,653,911.50

					
	By:

	 	/s/ Diane R. Landers	 	 
	 

	 	 	 	 
	 

	 	Name: Diane Landers 	 	 
	 

	 	Title: VP- CAO 	 	 

Date: September 7, 2008

Exact Name for Registration of Shares: Hare And Co FBO John Hancock Regional Bank Fund

Registered Address:

101 Huntington Ave

Boston, MA 02199

Delivery Address:

BNY

1 Wall Street -3rd floor Window A

New York, NY 10286

	 	 	 
	Contact Person: Chris Camell or John Cline
	     Telephone:

	 	617 375 4752
	     Facsimile:

	 	                                        
	     Email:

	 	jhfinvestmentoperations@jhancock.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different): Investment Advisor

 

 

SIGNATURE PAGE

	 	 	 
	PURCHASER NAME:

	 	No. of Shares to be Purchased: 334,213
	 
	 	 
	JOHN HANCOCK BANK AND THRIFT FUND

	 	Price per Share $14.50
	MFC Global Investment Management (U.S.), LLC as
	 	 
	subadviser for the fund
	 	 
	 
	 	Purchase Price: $4,846,088.50

	 	 	 	 	 
	By:

	 	/s/ Diane R. Landers	 	 
	 

	 	 	 	 
	 

	 	Name: Diane R. Landers	 	 
	 

	 	Title: VP CAO
	 	Date: September 7, 2008

Exact Name for Registration of Shares: Hare And Co FBO John Hancock Bank and Thrift
Fund

Registered Address:

101 Huntington Ave

Boston, MA 02199

Delivery Address:

BNY

1 Wall Street -3rd floor
Window A 
New York, NY 10286

Chris
Camell or John Cline - jhfinvestmentoperations@jhancock.com 617 375 4752

	 	 	 
	Contact Person:

	 	Chris Camell or John Cline
	      Telephone:  617 375 4752

	      Facsimile:                                          

	      Email:  jhfinvestmentoperations@jhancock.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different): Investment Advisor

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 
	PURCHASER NAME:	 	No. of Shares to be Purchased: 18,570
	 
	 	 	 	 	 	 
	BANC FUND VI L.P.	 	 
	 

	 	By:
	 	MidBanc VI L.P.
	 	Price per Shares $14.50
	 

	 	 	 	an Illinois limited partnership,	 	 
	 

	 	 	 	Its General Partner
	 	Purchase Price: $269,265

	 	 	 	 	 	 	 
	 

	 	By:
	 	THE BANC FUNDS COMPANY, L.L.C.	 	 
	 

	 	 	 	an Illinois limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Charles J. Moore 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Charles J. Moore, Member
	 	Date: September 8, 2008

Exact Name for Registration of Shares: Banc Fund VI L.P.

Registered Address:

20 North Wacker Drive, Suite 3300

Chicago, IL 60606

Delivery Address:

JPMorgan Worldwide Securities Services

1111 Polaris Parkway

Suite 2N, OH1-0634

Columbus, OH 43240-2050

	 	 	 
	Contact Person: Michael Nashalsky
	      Telephone:

	 	(614) 248-9040
	      Facsimile:

	 	(614) 244-9890
	      Email:

	 	Michael.Nashalsky@jpmorgan.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                            

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 95,505
	 
	 	 	 	 	 	 
	BANC FUND VII L.P.	 	 	 	 
	By:

	 	MidBanc VII L.P.
	 	 	 	Price per Share $14.50
	 

	 	an Illinois limited partnership,	 	 	 	 
	 

	 	Its General Partner
	 	 	 	Purchase Price: $1,384,822.50
	 
	 	 	 	 	 	 
	By:

	 	THE BANC FUNDS COMPANY, L.L.C.

an Illinois limited liability
company	 	 	 	 
	 

	 	Its General Partner	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Charles J. Moore	 	 	 	 
	 

	 	 

Charles J. Moore, Member
	 	 	 	Date:
September 8, 2008

Exact Name for Registration of Shares: Banc Fund VII L.P.

Registered Address:

20 North Wacker Drive, Suite 3300

Chicago, IL 60606

Delivery Address:

JPMorgan Worldwide Securities Services

1111 Polaris Parkway

Suite 2N, OH1-0634

Columbus, OH 43240-2050

Contact Person: Michael Nashalsky

     Telephone: (614) 248-9040

     Facsimile: (614) 244-9890

     Email: Michael.Nashalsky@jpmorgan.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):                   
          

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 35,925
	 
	 	 	 	 	 	 
	BANC FUND VIII L.P.	 	 	 	Price per Share $14.50
	By:

	 	MidBanc VIII L.P.	 	 	 	 
	 

	 	an Illinois limited partnership,	 	 	 	 
	 

	 	Its General Partner
	 	 	 	Purchase Price: $520,912.50
	 
	 	 	 	 	 	 
	By:

	 	THE BANC FUNDS COMPANY, L.L.C.

an Illinois limited liability
company	 	 	 	 
	 

	 	Its General Partner	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Charles J. Moore	 	 	 	 
	 

	 	 

Charles J. Moore, Member
	 	 	 	Date:
September 8, 2008

Exact Name for Registration of Shares: Banc Fund VIII L.P.

Registered Address:

20 North Wacker Drive, Suite 3300

Chicago, IL 60606

Delivery Address:

JPMorgan Worldwide Securities Services

1111 Polaris Parkway

Suite 2N, OH1-0634

Columbus, OH 43240-2050

Contact Person: Michael Nashalsky

     Telephone: (614) 248-9040 

     Facsimile: (614) 244-9890

     Email: Michael.Nashalsky@jpmorgan.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):          
                   

 

 

SIGNATURE PAGE

	 	 	 	 	 	 	 	 	 
	PURCHASER NAME:	 	 	 	No. of Shares to be Purchased: 450,000
	 
	 	 	 	 	 	 	 	 
	CITADEL EQUITY FUND LTD.	 	 	 	Price per Share $14.50
	By: Citadel Limited Partnership, Portfolio Manager	 	 	 	 
	 

	 	 	 	 	 	 	 	Purchase Price: $6,525,000.00
	By:	 	/s/ Erica L. Tarpey	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	Erica L. Tarpey
 

Authorized Signatory
 

	 	 	 	  
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Date: September 8, 2008

Exact Name for Registration of Shares: Citadel Equity Fund Ltd.

	 	 	 
	Registered Address:
	 	 
	c/o Maples Corporate Services Limited

PO Box 309, Ugland House

Grand Cayman

KY1-1104

Cayman Islands

	 	     
	 
	 	 
	Delivery Address:
	 	 
	Citadel Equity Fund Ltd.
	 	 
	c/o Citadel Investment Group, L.L.C.

131 South Dearborn Street

Chicago, IL 60603

	 	   

Contact Person: Toby Buchanan

     Telephone:  646-403-8333

     Facsimile:    312-267-7577

     Email:          toby.buchanan@citadelgroup.com

Tax ID No.:

Relationship between the Purchaser and the person or entity in whose name the Shares should be
registered (if different):exv10w2

Exhibit 10.2

REGISTRATION RIGHTS AGREEMENT

     THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of September 8, 2008, among
Texas Capital Bancshares, Inc. a Delaware corporation (the “Company”), and the persons identified
on the signature page hereof (referred to collectively herein as the “Purchasers” and each
individually as a “Purchaser”).

R E C I T A L S:

     WHEREAS, this Agreement is made pursuant to the Stock Purchase Agreement (the “Stock Purchase
Agreement”), dated as of September 8, 2008, by and among the Company and certain purchasers of
Shares; and

     WHEREAS, in connection with the consummation of the transactions contemplated by the Stock
Purchase Agreement, the parties desire to enter into this Agreement in order to grant certain
registration rights to the Purchasers as set forth below.

     NOW, THEREFORE, in consideration of the foregoing premises and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

SECTION 1.

GENERAL

     1.1 Definitions. As used in this Agreement, the following terms shall have the
following respective meanings:

     “Affiliate” of any particular Person means any other Person controlling, controlled by
or under common control with such particular person or entity.

     “Closing Date” means the date on which the closing of the transactions contemplated by
the Stock Purchase Agreement occurs.

     “Common Stock” means shares of common stock, $0.01 par value per share, of the
Company.

     “Exchange Act” means the Securities Exchange Act of 1934, as amended, or similar
federal statute, and the rules and regulations of the Commission thereunder, all as the same shall
be in effect at the time.

     “Form S-3” means such form under the Securities Act as in effect on the date hereof or
any successor or similar registration form under the Securities Act subsequently adopted by the SEC
which permits inclusion or incorporation of substantial information by reference to other documents
filed by the Company with the SEC.

 

 

     “Holder” means any Purchaser who holds Registrable Securities and any holder of
Registrable Securities to whom the registration rights conferred by this Agreement have been
transferred in compliance with Section 2.8 hereof.

     “Mandatory Registration” shall have the meaning ascribed to it in Section 2.1(a)
hereof.

     “Person” means any individual, corporation, partnership, joint venture, limited
liability company, business trust, joint stock company, trust or unincorporated organization or any
government or any agency or political subdivision thereof.

     “Register,” “registered,” and “registration” shall refer to a
registration effected by preparing and filing a registration statement in compliance with the
Securities Act and applicable rules and regulations thereunder, and the declaration or ordering of
effectiveness of such registration statement.

     “Registrable Securities” means (a) the Shares; and (b) any Common Stock issued as (or
issuable upon the conversion or exercise of any warrant, right, preferred stock or other security
which is issued as) a dividend or other distribution with respect to, or in exchange for or in
replacement of the Shares held by the Holders provided, however, that Registrable Securities shall
not include any shares of Common Stock (i) which have been sold to the public by a Holder either
pursuant to a registration statement or Rule 144 under the Securities Act; (ii) which have been
sold in a private transaction in which the transferor’s rights under this Agreement are not
assigned in compliance with the terms of this Agreement; or (iii) which may be sold pursuant to
Rule 144(c)(1) and otherwise without restriction or limitation pursuant to Rule 144 (or any
successor thereto) under the Securities Act, after taking into account any Holders’ status as an
Affiliate of the Company as determined by counsel to the Company pursuant to a written opinion
letter addressed to the Company’s transfer agent to such effect (provided at least 12 months have
lapsed since the Registrable Securities were acquired from the Company as calculated in accordance
with Rule 144).

     “Registrable Securities then outstanding” shall be the number of shares determined by
calculating the total number of shares of Common Stock that are Registrable Securities issued and
outstanding.

     “Registration Expenses” shall mean all expenses incurred by the Company in effecting
any registration pursuant to this Agreement (including any Mandatory Registration or Shelf
Registration), including, without limitation, all registration and filing fees, printing expenses,
fees and disbursements of counsel for the Company, blue sky fees and expenses, and expenses of the
Company’s independent accountants in connection with any regular or special reviews or audits
incident to or required by any such registration, and fees and expenses of underwriters (excluding
discounts and commissions) and any other Persons retained by the Company, but shall not include
Selling Expenses, certain fees and disbursements of counsel for the Holders (except as set forth
below) and the compensation of regular employees of the Company, which shall be paid in any event
by the Company.

     “SEC” or “Commission” means the Securities and Exchange Commission and any
successor agency.

2

 

     “Securities Act” shall mean the Securities Act of 1933, as amended, or similar federal
statute, and the rules and regulations of the Commission thereunder, all as the same shall be in
effect at the time.

     “Selling Expenses” shall mean all underwriting discounts, selling commissions, fees of
underwriters, selling brokers, dealer managers and similar securities industry professionals and
stock transfer taxes applicable to the sale of Registrable Securities and fees and disbursements of
counsel for any Holder (other than the fees and disbursements of counsel included in Registration
Expenses).

     “Shares” mean shares of Common Stock issued by the Company to the Purchasers pursuant
to the Stock Purchase Agreement.

     “Shelf Registration” shall have the meaning ascribed to it in Section 2.1(a) hereof.

     “Shelf Termination Date” shall have the meaning ascribed to it in Section 2.1(a)
hereof.

     “Trading Day” means a day on which the principal securities exchange or automated
quotation system upon which the Registrable Securities are then listed for public trading) shall be
open for business.

     “Violation” shall have the meaning ascribed to it in Section 2.7(a) hereof.

SECTION 2.

REGISTRATION

     2.1 Shelf Registration

          (a) In accordance with the requirements of Section 2.3 below, the Company shall use its
commercially reasonable efforts to file with the SEC, and to cause to be declared effective by the
SEC, a registration statement on the applicable SEC form with respect to the resale from time to
time, whether underwritten or otherwise, of the Registrable Securities by the Holders thereof. The
Company shall also use its commercially reasonable efforts to maintain the effectiveness of the
registration effected pursuant to this Section 2.1 and keep such registration statement free of any
material misstatements or omissions at all times, subject only to the limitations on effectiveness
set forth below. The registration contemplated by this Section 2.1 is referred to herein as the
“Mandatory Registration.” The Mandatory Registration shall be filed with the SEC in accordance
with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in
effect) (a “Shelf Registration”). The Company shall use its commercially reasonable efforts to
cause the registration statement filed on Form S-3 or any similar short-form registration as the
Company may elect to remain effective until such date (the “Shelf Termination Date”) as is the
earlier of (i) the date on which all Registrable Securities included in the registration statement
shall have been sold or shall have otherwise ceased to be Registrable Securities and (ii) the date
on which all remaining Registrable Securities may be sold pursuant to Rule 144(c)(l) and otherwise
without restriction or limitation pursuant to Rule 144 (or any successor thereto) under the
Securities Act, after taking into account any Holders’ status as an Affiliate of the Company as
determined by counsel to the Company pursuant to a written opinion letter addressed to the
Company’s transfer agent to such effect (provided at least 12

3

 

months have lapsed since the Registrable Securities were acquired from the Company as
calculated in accordance with Rule 144). If the Company is not then eligible to register for
resale the Registrable Securities on Form S-3, such registration shall be on another appropriate
form in accordance herewith. In the event the Mandatory Registration must be effected on Form S-1
or any similar long-form registration statement as the Company may elect, the Company shall use
commercially reasonable efforts to file such registration statement as a Shelf Registration and the
Company shall use its commercially reasonable efforts to keep such registration current and
effective, including by filing periodic post-effective amendments until the Shelf Termination Date
to update the financial statements contained in such registration statement in accordance with
Regulation S-X promulgated under the Securities Act and to update the names and other information
regarding the Holders contained in such registration statement in accordance with the Securities
Act. By 9:30 a.m. on the Trading Day immediately following the effective date of the applicable
registration statement, the Company shall file with the Commission in accordance with Rule 424
under the Securities Act the final prospectus to be used in connection with sales pursuant to such
registration statement.

          (b) In no event shall the Company include securities, whether on behalf of itself or any other
person, other then the Registrable Securities on any registration statement filed pursuant to this
Section 2.

          (c) Notwithstanding anything to the contrary contained in this Agreement, in the event the
Commission seeks to characterize any offering pursuant to a Mandatory Registration filed pursuant
to this Agreement as constituting an offering of securities by or on behalf of the Company, or in
any other manner, such that the Commission does not permit such registration statement to become
effective and used for resales in a manner that does not constitute such an offering and that
permits the continuous resale at the market by the Holders participating therein (or as otherwise
may be acceptable to each Holder) without being named therein as an “underwriter,” then the Company
shall reduce the number of shares to be included in such registration statement until such time as
the Commission shall so permit such registration statement to become effective as aforesaid. In
making such reduction, the Company shall then reduce the number of shares to be included by all
Holders of Registrable Securities on a pro rata basis (based upon the number of Registrable
Securities otherwise required to be included for each such Holder). As soon as reasonably
practicable thereafter (as permitted by the Commission), the Company shall register the additional
Registrable Securities on such additional registration statements as may be required to register
the resale of all of the Registrable Securities (to the extent it can without causing the foregoing
problem). In no event shall a Holder be required to be named as an “underwriter” in a registration
statement without such Holder’s prior written consent.

     2.2 Expenses of Registration. All reasonable Registration Expenses incurred in
connection with any registration, qualification or compliance hereunder shall be borne by the
Company. All Selling Expenses incurred in connection with any registrations hereunder, shall be
borne by the Holders of the Registrable Securities so registered pro rata on the basis of the
number of shares so registered.

     2.3 Additional Obligations of the Company. The Company shall:

4

 

          (a) Within thirty (30) days following the Closing Date, use commercially reasonable efforts to
prepare and file with the SEC a registration statement on Form S-3, and all amendments and
supplements thereto and related prospectuses as may be necessary to comply with applicable
securities laws, with respect to such Registrable Securities and use its commercially reasonable
efforts to cause such registration statement to become effective within one hundred-twenty (120)
days of the Closing Date (provided that at least three (3) Trading Days before filing a
registration statement or prospectus or any amendments or supplements thereto, the Company shall
furnish to the counsel selected by the Holders of a majority of the Registrable Securities covered
by such registration statement copies of all such documents proposed to be filed, and the Company
shall in good faith consider any reasonable comments of such counsel).

          (b) Promptly notify the Holders (i) when the Company has been notified by the Commission
whether or not a registration statement or any amendment thereto will be subject to a review by the
Commission and (ii) if reviewed, when the Company has been notified by the Commission that a
registration statement or amendment thereto will not be subject to further review. Upon the
request of a Holder, the Company shall provide such Holder true and complete copies of all
correspondence from and to the Commission relating to a registration statement (with all material,
non-public information regarding the Company redacted from such copies). The Company shall respond
as promptly as reasonably practicable to any comments received from the Commission with respect to
the registration statement or any amendments thereto. The Company shall promptly file with the
Commission a request for acceleration of effectiveness in accordance with Rule 461 promulgated
under the Securities Act after the Company is notified (orally or in writing, whichever is earlier)
by the Commission that a registration statement will not be reviewed, or will not be subject to
further review, such that the Registration Statement shall be declared effective no later than
seven (7) Trading Days after such notification.

          (c) Furnish to the Purchasers and Holders such number of copies of a prospectus, including a
preliminary prospectus, in conformity with the requirements of the Securities Act, and such other
documents as they may reasonably request in order to facilitate the disposition of Registrable
Securities owned by them.

          (d) Use its commercially reasonable efforts to register and qualify the securities covered by
such registration statement under such other securities or Blue Sky laws of such jurisdictions as
shall be reasonably requested by the Holders unless an exemption from registration and
qualification exists; provided that the Company shall not be required in connection therewith or as
a condition thereto to qualify to do business, file a general consent to service of process or
subject itself to general taxation in any such states or jurisdictions.

          (e) In the event of any underwritten public offering, enter into and perform its obligations
under an underwriting agreement, in usual and customary form, with the managing underwriter(s) of
such offering. Each Purchaser and/or Holder participating in such underwriting shall also enter
into and perform its obligations under such an agreement.

          (f) Promptly notify each Purchaser who holds, and each Holder of Registrable Securities
covered by the registration statement at any time when a prospectus relating thereto is required to
be delivered under the Securities Act of the happening of any event as a result of which the
prospectus included in such registration statement, as then in effect, includes an untrue

5

 

statement of a material fact or omits to state a material fact required to be stated therein
or necessary to make the statements therein not misleading in light of the circumstances then
existing (provided that in no event shall such notice contain any material, non-public information
regarding the Company) and, the Company shall promptly prepare and furnish to each such Holder a
reasonable number of copies of a supplement or amendment to such prospectus so that, as thereafter
delivered to the purchasers of such Registrable Securities, such prospectus shall not contain an
untrue statement of a material fact or omit to state a fact necessary to make the statements
therein not misleading in light of the circumstances under which they were made.

          (g) Use its commercially reasonable efforts to furnish, on the date that such Registrable
Securities are delivered to the underwriters for sale or the date of the applicable offering
document, as applicable, if such securities are being sold through underwriters, (i) an opinion,
dated as of the date such Registrable Securities are delivered to the underwriters for sale, of the
counsel representing the Company for the purposes of such registration, in form and substance as is
customarily given to underwriters in an underwritten public offering, addressed to the
underwriters, if any, and (ii) a letter dated as of the date of the applicable offering document,
from the independent registered public accountants of the Company, in form and substance as is
customarily given by independent registered public accountants to underwriters in an underwritten
public offering addressed to the underwriters.

          (h) Use its commercially reasonable efforts to (i) prevent the issuance of any stop order or
other suspension of effectiveness of a registration statement, or the suspension of the
qualification of any of the Registrable Securities for sale in any jurisdiction in the United
States, and (ii) in the event of the issuance of any stop order suspending the effectiveness of a
registration statement, or any order suspending or preventing the use of any related prospectus or
suspending the qualification of any equity securities included in such registration statement for
sale in any jurisdiction, the Company shall use its commercially reasonable efforts promptly to
obtain the withdrawal of such order.

          (i) Use its commercially reasonable best efforts to cause all Shares to be listed on each
securities exchange (including the NASDAQ Global Select Stock Market) on which similar securities
issued by the Company are then listed.

          (j) Use its commercially reasonable efforts to cooperate with the Holders who hold Registrable
Securities being offered and, to the extent applicable, facilitate the timely preparation and
delivery of certificates (not bearing any restrictive legend) representing the Registrable
Securities to be offered pursuant to a Registration Statement and enable such certificates to be in
such denominations or amounts, as the case may be, as the Holders may reasonably request and,
registered in such names as the Holders may request.

          (k) Provide and cause to be maintained a registrar and transfer agent for all Registrable
Securities covered by any registration statement from and after a date not later than the effective
date of such registration statement.

          (l) Use its commercially reasonable efforts to maintain eligibility to use Form S-3 (or any
successor form thereto) for the registration of the resale of the Registrable Securities.

6

 

          (m) Not, nor shall any subsidiary or affiliate thereof, identify any Purchaser as an
underwriter in any public disclosure or filing with the SEC or the NASDAQ Global Select Market or
any other securities exchange or market and any Purchaser being deemed an underwriter by the SEC
shall not relieve the Company of any obligations it has under this Agreement or the Stock Purchase
Agreement.

     2.4 Suspension of Sales. Upon receipt of written notice from the Company that the
registration statement or a prospectus contains an untrue statement of a material fact or omits to
state a material fact required to be stated therein or necessary to make the statements therein not
misleading (a “Misstatement”), each Purchaser who holds, and each Holder of Registrable Securities
shall forthwith discontinue disposition of Registrable Securities until such Purchaser and/or
Holder has received copies of the supplemented or amended prospectus that corrects such
Misstatement, or until such Purchaser and/or Holder is advised in writing by the Company that the
use of the prospectus may be resumed, and, if so directed by the Company, such Purchaser and/or
Holder shall deliver to the Company all copies, other than permanent file copies then in such
Purchaser’s or Holder’s possession, of the prospectus covering such Registrable Securities current
at the time of receipt of such notice. The Company will not suspend the sales under the prospectus
more than two times in any three hundred-sixty-five (365) day period and the total number of days
that any such suspension may be in effect in any three hundred-sixty-five (365) day period shall
not exceed 45 days.

     2.5 Termination of Registration Rights. A Purchaser’s and a Holder’s registration
rights shall expire if all Registrable Securities held by such Purchaser or Holder (and its
Affiliates, partners, members and former members) may be sold pursuant to Rule 144 without the
requirement to be in compliance with Rule 144(c)(l) and otherwise without restriction or limitation
pursuant to Rule 144 (or any successor thereto) under the Securities Act, after taking into account
any Holder’s status as an Affiliate of the Company, as a result of the amount of shares of the
Company’s Common Stock then owned by such Holder as a percentage of the Company’s outstanding
shares of Common Stock, as determined by counsel to the Company pursuant to a written opinion
letter addressed to the Company’s transfer agent to such effect (provided at least 12 months have
lapsed since the Registrable Securities were acquired from the Company, as calculated in accordance
with Rule 144). Termination of such registration rights shall be conditioned upon the Company’s
action to remove the restrictive legends from any Registrable Securities held by such Purchaser or
Holder, provided that such Purchaser or Holder is not an Affiliate of the Company, and the
reissuance of unlegended certificates, in physical or electronic format, to such Purchaser or
Holder.

     2.6 Furnishing Information. It shall be a condition precedent to the obligations of
the Company to take any action pursuant to Section 2.1 or 2.3 that the selling Purchasers and/or
Holders shall furnish to the Company such information regarding themselves, the Registrable
Securities held by them and the intended method of disposition of such securities as shall be
required to effect the registration of their Registrable Securities.

     2.7 Indemnification. In the event any Registrable Securities are included in a
registration statement under this Section 2:

7

 

          (a) To the extent permitted by law, the Company will indemnify and hold harmless each
Purchaser, Holder, any underwriter (as defined in the Securities Act) for such Purchaser or Holder
and each person, if any, who controls such Purchaser or Holder or underwriter within the meaning of
the Securities Act or the Exchange Act, against any losses, claims, damages, or liabilities (joint
or several) to which they may become subject under the Securities Act, or the Exchange Act or other
federal or state law, insofar as such losses, claims, damages, or liabilities (or actions in
respect thereof) arise out of or are based upon any of the following statements, omissions or
violations (collectively, a “Violation”): (i) any untrue statement or alleged untrue statement of
a material fact contained in such registration statement, including any related preliminary
prospectus or final prospectus or any amendments or supplements thereto, (ii) the omission or
alleged omission to state therein a material fact required to be stated therein, or necessary to
make the statements therein not misleading, or (iii) any violation or alleged violation by the
Company of the Securities Act, the Exchange Act, any other federal or state securities law or any
rule or regulation promulgated under the Securities Act, the Exchange Act or any other federal or
state securities law in connection with the registration of the Registrable Securities; and the
Company will pay to each such Purchaser, Holder, underwriter or controlling person, as accrued any
legal or other expenses reasonably incurred by them in connection with investigating or defending
any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement
contained in this Section 2.7(a) shall not apply to amounts paid in settlement of any such loss,
claim, damage, liability, or action if such settlement is effected without the consent of the
Company (which consent shall not be unreasonably withheld), nor shall the Company be liable in any
such case for any such loss, claim, damage, liability, or action to the extent that it arises out
of or is based upon a Violation which occurs in reliance upon and in conformity with written
information furnished expressly for use in connection with such registration statement by any such
Purchaser, Holder, underwriter or controlling person or any failure of such person to deliver or
cause to be delivered a prospectus made available by the Company in a timely manner.

          (b) To the extent permitted by law and provided that such Holder is not entitled to
indemnification pursuant to Section 2.7(a) above with respect to such matter, each selling
Purchaser or Holder (severally and not jointly) will indemnify and hold harmless the Company, each
of its directors, officers, persons, if any, who control the Company within the meaning of the
Securities Act, any underwriter, any other Purchaser or Holder selling securities in such
registration statement and any controlling person of any such underwriter or other Purchaser or
Holder, against any losses, claims, damages, or liabilities to which any of the foregoing persons
may become subject under the Securities Act, the Exchange Act or other federal or state law,
insofar as such losses, claims, damages, or liabilities (or actions in respect thereof) arise out
of or are based upon any (i) untrue statement or alleged untrue statement of a material fact
regarding such Holder and provided in writing by such Holder which is contained in such
registration statement, including any related preliminary prospectus or final prospectus or any
amendments or supplements thereto or (ii) the omission or alleged omission to state therein a
material fact required to be stated therein, or necessary to make the statements therein not
misleading, in each case to the extent (and only to the extent) that such untrue statement or
alleged untrue statement or omission or alleged omission was made in such registration statement,
preliminary or final prospectus, amendment or supplement thereto, in reliance upon and in
conformity with written information furnished by such Purchaser or Holder expressly for use in
connection with such registration statement; and each such Purchaser or Holder will pay,

8

 

as accrued, any legal or other expenses reasonably incurred by any Person intended to be
indemnified pursuant to this Section 2.7(b), in connection with investigating or defending any such
loss, claim, damage, liability, or action as a result of such Holder’s untrue statement or
omission; provided, however, that the indemnity agreement contained in this Section 2.7(b) shall
not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if
such settlement is effected without the consent of the Purchaser or Holder (which consent shall not
be unreasonably withheld); provided, that, (x) the indemnification obligations in this Section
2.7(b) shall be individual and ratable not joint and several for each Holder and (y) in no event
shall the aggregate of all indemnification payments by any Purchaser and/or Holder under this
Section 2.7(b) exceed the net proceeds from the offering received by such Purchaser and/or Holder.

          (c) Promptly after receipt by an indemnified party under this Section 2.7 of notice of the
commencement of any action (including any governmental action), such indemnified party will, if a
claim in respect thereof is to be made against any indemnifying party under this Section 2.7,
deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying
party shall have the right to participate in, and, to the extent the indemnifying party so desires,
jointly with any other indemnifying party similarly noticed, to assume the defense thereof with
counsel mutually satisfactory to the parties; provided, however, that an indemnified party
(together with all other indemnified parties which may be represented without conflict by one
counsel) shall have the right to retain one separate counsel, with the reasonable fees and expenses
of such counsel to be paid by the indemnifying party, if (i) the indemnifying party shall have
failed to assume the defense of such claim within seven (7) days after receipt of notice of the
claim and to employ counsel reasonably satisfactory to such indemnified party, as the case may be;
or (ii) in the reasonable opinion of counsel retained by the indemnifying party, representation of
such indemnified party by such counsel would be inappropriate due to actual or potential differing
interests between such indemnified party and any other party represented by such counsel in such
proceeding. The indemnified party shall cooperate fully with the indemnifying party in connection
with any negotiation or defense of any such action or claim by the indemnifying party and shall
furnish to the indemnifying party all information reasonably available to the indemnified party
which relates to such action or claim. The indemnifying party shall beep the indemnified party
reasonably apprised of the status of the defense or any settlement negotiations with respect
thereto. No indemnifying party shall be liable for any settlement of any action, claim or
proceeding effected without its prior written consent; provided, however, that the indemnifying
party shall not unreasonably withhold, delay or condition its consent. The failure to deliver
written notice to the indemnifying party within a reasonable time of the commencement of any such
action shall not relieve such indemnifying party of any liability to the indemnified party under
this Section 2.7, except to the extent such failure to give notice has a material adverse effect on
the ability of the indemnifying party to defend such action.

          (d) If the indemnification provided for in this Section 2.7 is held by a court of competent
jurisdiction to be unavailable to an indemnified party with respect to any loss, liability, claim,
damage, or expense referred to therein, then the indemnifying party, in lieu of indemnifying such
indemnified party hereunder, shall contribute to the amount paid or payable by such indemnified
party as a result of such loss, liability, claim, damage, or expense in such proportion as is
appropriate to reflect the relative fault of the indemnifying party on the one hand

9

 

and of the indemnified party on the other in connection with the statements or omissions that
resulted in such loss, liability, claim, damage, or expense as well as any other relevant equitable
considerations. The relative fault of the indemnifying party and of the indemnified party shall be
determined by reference to, among other things, whether the untrue or alleged untrue statement of a
material fact or the omission to state a material fact relates to information supplied by the
indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access
to information, and opportunity to correct or prevent such statement or omission. Notwithstanding
the foregoing, the amount any Purchaser or Holder will be obligated to contribute pursuant to this
Section 2.7(d) will be limited to an amount equal to the per share public offering price (less any
underwriting discount and commissions) multiplied by the number of shares of Registrable Securities
sold by such Purchaser or Holder pursuant to the registration statement which gives rise to such
obligation to contribute (less the aggregate amount of any damages which such Purchaser or Holder
has otherwise been required to pay in respect of such loss, liability, claim, damage, or expense or
any substantially similar loss, liability, claim, damage, or expense arising from the sale of such
Registrable Securities). No person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) will be entitled to contribution hereunder from any person who
was not guilty of such fraudulent misrepresentation.

          (e) Notwithstanding the foregoing, to the extent that the provisions on indemnification and
contribution contained in the underwriting agreement entered into in connection with the
underwritten public offering are in conflict with the foregoing provisions, the provisions in the
underwriting agreement shall control; provided that the indemnification provisions of the Holders
in any underwriting agreement may not conflict with the provisions of this Section 2.7 without the
consent of the affected Holders.

          (f) The obligations of the Company and Holders under this Section 2.7 shall survive the
completion of any offering of Registrable Securities in a registration statement under this Section
2, and otherwise.

     2.8 Assignment of Registration Rights. The rights to cause the Company to register
Registrable Securities pursuant to this Agreement may be assigned by an Purchaser or Holder to a
transferee or assignee of Registrable Securities to which (a) such transferee is an investment
advisory client, Affiliate, subsidiary or parent company, family member or family trust for the
benefit of a party hereto, (b) such transferee shares a common discretionary investment advisor
with such Purchaser or Holder, or (c) such transferee or transferees are partners or members of an
Purchaser or Holder, who agree to act through a single representative; provided, however, (i) the
transferor shall furnish to the Company written notice of the name and address of such transferee
or assignee and the securities with respect to which such registration rights are being assigned
and (ii) such transferee shall agree to be subject to all restrictions set forth in this Agreement.

     2.9 Rule 144 Reporting. With a view to making available to the Purchasers and Holders
the benefits of certain rules and regulations of the SEC which may permit the sale of the
Registrable Securities to the public without registration, the Company agrees to use its
commercially reasonable efforts to:

10

 

          (a) make and keep public information available, as those terms are understood and defined in
SEC Rule 144 or any similar or analogous rule promulgated under the Securities Act, at all times
after the effective date of this Agreement;

          (b) file with the SEC, in a timely manner, all reports and other documents required of the
Company under the Exchange Act; and

          (c) so long as an Purchaser or Holder owns any Registrable Securities, furnish to such
Purchaser or Holder forthwith upon request a written statement by the Company as to its compliance
with the reporting requirements of Rule 144 under the Securities Act, and of the Exchange Act; a
copy of the most recent annual or quarterly report of the Company; and such other reports and
documents as an Purchaser or Holder may reasonably request in availing itself of any rule or
regulation of the SEC allowing it to sell any such securities without registration.

     2.10 Obligations of the Holders

          (a) Each Holder shall furnish in writing to the Company such information regarding itself, the
Registrable Securities held by it and the intended method of disposition of the Registrable
Securities held by it as shall be reasonably required to effect the registration of such
Registrable Securities and shall execute such documents in connection with such registration as the
Company may reasonably request in connection therewith, upon the execution of this Agreement, each
Holder shall complete, execute and deliver to the Company a selling securityholder notice and
questionnaire in form reasonably satisfactory to the Company. At least five (5) business days
prior to the first anticipated filing date of any Registration Statement, the Company shall notify
each Holder of any additional information the Company requires from such Holder if such Holder
elects to have any of the Registrable Securities included in the Registration Statement. A Holder
shall provide such information to the Company at least two (2) business days prior to the first
anticipated filing date of such Registration Statement if such Holder elects to have any of the
Registrable Securities included in the Registration Statement.

          (b) Each Holder, by its acceptance of the Registrable Securities agrees to cooperate with the
Company as reasonably requested by the Company in connection with the preparation and filing of a
Registration Statement hereunder, unless such Holder has notified the Company in writing of its
election to exclude all of its Registrable Securities from such Registration Statement.

          (c) Each Holder covenants and agrees that it shall comply with the prospectus delivery
requirements of the Securities Act as applicable to it in connection with sales of Registrable
Securities pursuant to any Registration Statement.

SECTION 3.

MISCELLANEOUS

     3.1 Successors and Assign. Except as otherwise provided herein, the terms and
conditions of this Agreement shall inure to the benefit of and be binding upon the respective
successors and assigns of the parties (including transferees of any shares of Registrable
Securities). Nothing in this Agreement, express or implied, is intended to confer upon any party
other than the parties hereto or their respective successors and assigns any rights, remedies,

11

 

obligations, or liabilities under or by reason of this Agreement, except as expressly provided
in this Agreement.

     3.2 Governing Law. All questions concerning the construction, validity, enforcement
and interpretation of this Agreement shall be governed by the internal laws of the State of
Delaware, without giving effect to any choice of law or conflict of law provision or rule (whether
of the State of Delaware or any other jurisdictions) that would cause the application of the laws
of any jurisdictions other than the State of Delaware.

     3.3 Counterparts. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same
instrument.

     3.4 Titles and Subtitles. The titles and subtitles used in this Agreement are used
for convenience only and are not to be considered in construing or interpreting this Agreement.

     3.5 Notices. Unless otherwise provided, any notice required or permitted under this
Agreement shall be given in writing and shall be deemed effectively given upon personal delivery to
the party to be notified or upon deposit with the United States Post Office, by registered or
certified mail, postage prepaid and addressed to the party to be notified at the address indicated
for such party on the signature page hereof, or at such other address as such party may designate
by ten (10) days’ advance written notice to the other parties.

     3.6 Expenses. If any action at law or in equity is necessary to enforce or interpret
the terms of this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees,
costs and necessary disbursements in addition to any other relief to which such party may be
entitled.

     3.7 Amendments and Waivers. Any term of this Agreement may be amended and the
observance of any term of this Agreement may be waived (either generally or in a particular
instance and either retroactively or prospectively), only with the written consent of the Company
and the holders of a majority of the Registrable Securities then outstanding. Any amendment or
waiver effected in accordance with this paragraph shall be binding upon each Holder of any
Registrable Securities then outstanding, each future Holder of all such Registrable Securities, and
the Company. No such amendment shall be effective to the extent that it applies to less than all
of the holders of the Registrable Securities. No consideration shall be offered or paid to any
Person to amend or consent to a waiver or modification of any provision of this Agreement unless
the same consideration also is offered to all of the parties to this Agreement.

     3.8 Severability. If one or more provisions of this Agreement are held to be
unenforceable under applicable law, such provision shall be excluded from this Agreement and the
balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
enforceable in accordance with its terms.

     3.9 Aggregation of Stock. All shares of Registrable Securities held or acquired by
any Purchasers which are Affiliates shall be aggregated together for the purpose of determining the
availability of any rights under this Agreement.

12

 

     3.10 Entire Agreement. This Agreement constitutes the full and entire understanding
and agreement between the parties with regard to the subject matter hereof.

[SIGNATURE PAGE FOLLOWS]

13

 

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth
herein.

	 	 	 	 	 	 	 
	 	 	TEXAS CAPITAL BANCSHARES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ George F. Jones Jr.	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	George F. Jones, Jr.	 	 
	 

	 	Title:
	 	President and Chief Executive Officer	 	 

	 	 	 	 	 	 	 
	 

	 	Address:
	 	2100 McKinney, Suite 900
	 	 
	 

	 	 	 	Dallas, Texas 75201	 	 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 	 	 
	 	 	T. ROWE PRICE ASSOCIATES, INC.,
	 	 	As investment adviser on behalf of its Participating
	 	 	Funds and Accounts
	 
	 	 	 	 	 	 
	 	 	By:	 	/s/ Michael Gitlin
	 	 	 	 	 
	 

	 	 	 	Name:
	 	Michael Gitlin
	 

	 	 	 	Title:
	 	Vice President
	 
	 	 	 	 	 	 
	 

	 	Address:
	 	 	 	100 East Pratt Street
	 

	 	 	 	 	 	Baltimore, MD 21202
	 

	 	 	 	 	 	Fax No. 410-345-6575

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	 	MALTA TITAN FUND, L.P.
	 
	 	 	 	 
	 	 	By: SOAM Holdings, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese
	 

	 	 	 	 
	 

	 	 	 	Terry Maltese
	 

	 	 	 	Managing Member
	 
	 	 	 	 
	 

	 	Address:
	 	  c/o Sandler O’Neill Asset Management
	 

	 	 	 	  780 Third Avenue, 5th Floor
	 

	 	 	 	  New York, NY 10017
	 

	 	 	 	  Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	 	MALTA HEDGE FUND, L.P.
	 
	 	 	 	 
	 	 	By: SOAM Holdings, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese
	 

	 	 	 	 
	 

	 	 	 	Terry Maltese
	 

	 	 	 	Managing Member
	 
	 	 	 	 
	 

	 	Address:
	 	  c/o Sandler O’Neill Asset Management
	 

	 	 	 	  780 Third Avenue, 5th Floor
	 

	 	 	 	  New York, NY 10017
	 

	 	 	 	  Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	 	MALTA HEDGE FUND II, L.P.
	 
	 	 	 	 
	 	 	By: SOAM Holdings, LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese
	 

	 	 	 	 
	 

	 	 	 	Terry Maltese
	 

	 	 	 	Managing Member
	 
	 	 	 	 
	 

	 	Address:
	 	  c/o Sandler O’Neill Asset Management
	 

	 	 	 	  780 Third Avenue, 5th Floor
	 

	 	 	 	  New York, NY 10017
	 

	 	 	 	  Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	 	MALTA OFFSHORE, LTD.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Terry Maltese
	 

	 	 	 	 
	 

	 	 	 	Terry Maltese
	 

	 	 	 	Director

	 	 	 	 	 
	 

	 	Address:
	 	  c/o Sandler O’Neill Asset Management
	 

	 	 	 	  780 Third Avenue, 5th Floor
	 

	 	 	 	  New York, NY 10017
	 

	 	 	 	  Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 	 	 	 	 
	 	 	MALTA MLC FUND, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	SOAM Holdings, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Terry Maltese
 

Terry Maltese
	 	 
	 

	 	 	 	 	 	Managing Member	 	 

	 	 	 
	Address:

	 	c/o Sandler O’Neill Asset Management
	 

	 	780 Third Avenue, 5th Floor
	 

	 	New York, NY 10017
	 

	 	Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	MALTA MLC OFFSHORE, LTD.

 	 
	 	By:  	/s/ Terry Maltese
 	 
	 	 	Terry Maltese 	 
	 	 	Director 	 

	 	 	 
	Address:

	 	c/o Sandler O’Neill Asset Management
	 

	 	780 Third Avenue, 5th Floor
	 

	 	New York, NY 10017
	 

	 	Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 	 	 	 	 
	 	 	MALTA PARTNERS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	SOAM Holdings, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Terry Maltese
 

Terry Maltese
	 	 
	 

	 	 	 	 	 	Managing Member	 	 

	 	 	 
	Address:

	 	c/o Sandler O’Neill Asset Management
	 

	 	780 Third Avenue, 5th Floor
	 

	 	New York, NY 10017
	 

	 	Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 	 	 	 	 
	 	 	SOAM CAPITAL PARTNERS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	SOAM Venture Holdings, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Terry Maltese
 

Terry Maltese
	 	 
	 

	 	 	 	 	 	Managing Member	 	 

	 	 	 
	Address:

	 	c/o Sandler O’Neill Asset Management
	 

	 	780 Third Avenue, 5th Floor
	 

	 	New York, NY 10017
	 

	 	Fax No. (212) 486-7580

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	JOHN HANCOCK REGIONAL BANK FUND

MFC Global Investment Management (U.S.), LLC as

subadviser for the fund

 	 
	 	By:  	/s/  Diane R. Landers
 	 
	 	 	Name: Diane R. Landers	 
	 	 	Title: VP CAO	 

	 	 	 
	Address:

	 	101 Huntington Ave
	 

	 	Boston, MA 02199
	 

	 	Fax No.                                         

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	JOHN HANCOCK BANK AND THRIFT
FUND
MFC Global Investment Management (U.S.), LLC as
 subadviser for the fund

 	 
	 	By:  	/s/
Diane R. Landers
 	 
	 	 	Name:  	Diane R. Landers 	 
	 	 	Title:  	VP CAO 	 

	 	 	 	 	 
	  	Address: 	 	 101 Huntington Ave

Boston, MA 02199

Fax No.                                         

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	BANC FUND VI L.P.
 	 
	 	By:  	MidBanc VI L.P.
 	 
	 	 	an Illinois limited partnership, 	 
	 	 	Its General Partner 	 

	 	 	 	 	 
	 	By:  	      THE BANC FUNDS COMPANY, L.L.C.
 	 
	 	 	an Illinois limited liability company,  	 
	 	 	Its General Partner 	 

	 	 	 	 	 
	 	By: 	/s/
Charles J.  Moore
 	 
	 	 	Charles J.  Moore,  Member
 	 
	Address: 	20 North Wacker Drive, Suite 3300

Chicago, IL 60606

Fax No. 312-855-6610 	 
	 

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	BANC FUND VII L.P.
 	 
	 	By:  	MidBanc VII L.P.
 	 
	 	 	an Illinois limited partnership, 	 
	 	 	Its General Partner 	 

	 	 	 	 	 
	 	By:  	                              THE BANC FUNDS COMPANY, L.L.C.
 	 
	 	 	an Illinois limited liability company, 	 
	 	 	Its  General Partner 	 
	 
	 	By:	            /s/ Charles J.  Moore
 	 
	 	 	Charles J.  Moore, Member	 

	 	 	 	 	 
	 	Address: 	        20 North Wacker Drive, Suite 3300

Chicago, IL 60606

Fax No. 312-855-6610 	 

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	BANC FUND VIII L.P.
 	 
	 	By:  	MidBanc VIII L.P.
 	 
	 	 	an Illinois limited partnership, 	 
	 	 	Its General Partner 	 

	 	 	 	 	 
	 	By:  	                                THE BANC  FUNDS   COMPANY,   L.L.C.
 	 
	 	 	an Illinois  limited liability company,  	 
	 	 	Its General Partner 	 
	 
	 	By:  	 /s/  Charles J.   Moore
 	 
	 	 	Charles J.   Moore,  Member
 	 

	 	 	 	 	 
	 	Address: 	        20 North Wacker Drive, Suite 3300
 Chicago, IL 60606

Fax No. 312-855-6610 	 
	 

 

 

Investor Counterpart Signature Page to

Registration Rights Agreement

	 	 	 	 	 
	 	CITADEL EQUITY FUND LTD.
 	 
	 	By:  	 Citadel Limited Partnership, Portfolio Manager
 	 

	 	 	 	 	 
	 	By:  	
/s/ Erica L. Tarpey

 	 
	 	   	
Name: Erica L. Tarpey
 	 
	 	  	
Title: Authorized Signatory
	 

	 	 	 	 	 
	 	Address:  	
       c/o Citadel Investment Group, L.L.C.

131 South Dearborn Street

Chicago, IL 60603

Fax No. 312-267-7300

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]