Document:

EX-10.55

 Exhibit 10.55 
 CONTRIBUTION AGREEMENT 
 THIS CONTRIBUTION
AGREEMENT (this “Agreement”) is entered into as of the 30th day of March, 2012 by and among CARTER/VALIDUS OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“Borrower”), CARTER VALIDUS MISSION CRITICAL REIT, INC., a Maryland
corporation (“REIT”), the other parties executing this Agreement as Subsidiary Guarantors (such entities are sometimes hereinafter referred to individually as a “Subsidiary Guarantor” and collectively as “Subsidiary
Guarantors”; REIT and the Subsidiary Guarantors are hereinafter referred to collectively as “Guarantors”, and the Borrower and the Guarantors are sometimes hereinafter referred to individually as a “Contributing Party” and
collectively as the “Contributing Parties”). 
 W I T N E S S E T H: 

WHEREAS, pursuant to that certain Credit Agreement dated as of even date herewith by and among the Borrower, KeyBank National Association
(“KeyBank”), the other lending institutions which are or may hereafter become a party thereto (KeyBank together with such other lending institutions are hereinafter referred to collectively as the “Lenders”), and KeyBank, as
Agent (the “Agent”) (such agreement, as the same may from time to time be amended, modified, restated or extended, being hereinafter referred to as the “Credit Agreement”), the Lenders have agreed to extend financial
accommodations to the Borrower; 
 WHEREAS, as a condition to the making of certain Loans and issuing certain Letters of Credit
pursuant to the Credit Agreement, the Lenders have required that the Guarantors execute and deliver that certain Unconditional Guaranty of Payment and Performance, dated as of even date herewith (as the same may from time to time be amended,
modified, restated or extended, being hereinafter referred to collectively as the “Guaranty”), pursuant to which, among other things, the Guarantors have agreed to guarantee the respective obligations described in the Guaranty; 

WHEREAS, Borrower is a direct subsidiary of REIT and the Subsidiary Guarantors are direct or indirect wholly owned subsidiaries of
Borrower; and 
 WHEREAS, the Guarantors are engaged in common business enterprises related to those of the Borrower and each
Guarantor will derive substantial direct or indirect economic benefit from the effectiveness and existence of the Credit Agreement. 
 NOW, THEREFORE, in consideration of the premises and the covenants hereinafter contained, and to induce the Lenders to make the Loans and issue Letters of Credit and the Contributing Parties to execute
and deliver the Loan Documents to which they are a party, it is agreed as follows: 
 1. Definitions. Capitalized terms
used herein that are not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement. 
 2.
Contribution. 
 (a) To the extent that a Borrower or a Guarantor shall make a payment (a “Payment”) of a
portion of the Obligations, then the Borrower or Guarantor that made the 

  

 
Payment shall be entitled to contribution and indemnification from, and be reimbursed by, the other Contributing Parties in an amount equal to the lesser of (a) the amount derived by
subtracting from any such Payment the “Allocable Amount” (as defined herein) of such Contributing Party, and (b) the “Allocable Amount” (as defined herein) for the other Contributing Parties. 

(b) As of any date of determination, the “Allocable Amount” of each Contributing Party shall be equal to the maximum amount of
liability which could be asserted against such Contributing Party hereunder with respect to the applicable Payment without (i) rendering such Contributing Party “insolvent” within the meaning of Section 101(32) of the Federal
Bankruptcy Code (the “Bankruptcy Code”) or Section 2 of either the Uniform Fraudulent Transfer Act (the “UFTA”) or the Uniform Fraudulent Conveyance Act (the “UFCA”) or the fraudulent conveyance and transfer laws
of the State of New York or such other jurisdiction whose laws shall be determined to apply to the transactions contemplated by this Agreement (the “Applicable State Fraudulent Conveyance Laws”), (ii) leaving such Contributing Party
with unreasonably small capital, within the meaning of Section 548 of the Bankruptcy Code or Section 4 of the UFTA or Section 5 of the UFCA or the Applicable State Fraudulent Conveyance Laws, or (iii) leaving such Contributing
Party unable to pay its debts as they become due within the meaning of Section 548 of the Bankruptcy Code or Section 4 of the UFTA or Section 6 of the UFCA or the Applicable State Fraudulent Conveyance Laws. 

3. No Impairment. This Agreement is intended only to define the relative rights of the Contributing Parties, and nothing set forth
in this Agreement is intended to or shall reduce or impair the obligations of any Contributing Party to pay any amounts, as and when the same shall become due and payable in accordance with the terms of the applicable Loan Documents. 

4. Rights Constitute Assets. The parties hereto acknowledge that the rights of contribution and indemnification hereunder shall
constitute assets in favor of each Contributing Party. 
 5. Effectiveness. This Agreement shall become effective upon
its execution by each of the Contributing Parties and shall continue in full force and effect and may not be terminated or otherwise revoked by any Contributing Party until all of the Obligations shall have been indefeasibly paid in full (in lawful
money of the United States of America) and discharged, all Letters of Credit are returned undrawn, and the Credit Agreement and financing arrangements evidenced and governed by the Credit Agreement shall have been terminated. 

6. WAIVER OF JURY TRIAL AND CERTAIN DAMAGE CLAIMS. EACH OF BORROWER, GUARANTORS, AGENT AND THE LENDERS HEREBY WAIVES ITS
RIGHT TO A JURY TRIAL WITH RESPECT TO ANY ACTION OR CLAIM ARISING OUT OF ANY DISPUTE IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS, ANY RIGHTS OR OBLIGATIONS HEREUNDER OR THEREUNDER OR THE PERFORMANCE OF SUCH RIGHTS AND
OBLIGATIONS. BORROWER AND EACH GUARANTOR HEREBY WAIVES ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY SUCH LITIGATION ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES AND, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, PUNITIVE OR ANY DAMAGES OTHER
THAN, OR IN ADDITION TO, ACTUAL DAMAGES. BORROWER AND EACH GUARANTOR (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR 

  
 2 

 
ATTORNEY OF ANY LENDER OR THE AGENT HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH LENDER OR THE AGENT WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVERS AND
(B) ACKNOWLEDGES THAT THE AGENT AND THE LENDERS HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS TO WHICH THEY ARE PARTIES BY, AMONG OTHER THINGS, THE WAIVERS AND CERTIFICATIONS CONTAINED IN THIS SECTION 6. BORROWER
AND EACH GUARANTOR ACKNOWLEDGES THAT IT HAS HAD AN OPPORTUNITY TO REVIEW THIS SECTION 6 WITH LEGAL COUNSEL AND THAT EACH BORROWER AND GUARANTOR AGREES TO THE FOREGOING AS ITS FREE, KNOWING AND VOLUNTARY ACT. 

7. This Agreement shall, pursuant to New York General Obligations Law Section 5-1401, be governed by and construed in accordance
with the laws of the State of New York. 
 [SIGNATURES BEGIN ON FOLLOWING PAGE] 

  
 3 

 IN WITNESS WHEREOF, the Borrower and the Guarantors have executed and delivered this
Agreement, under seal, as of the date first above written. 
  

							
	BORROWER:
	
	CARTER/VALIDUS OPERATING PARTNERSHIP, LP, a Delaware limited partnership
		
	By:	 	Carter Validus Mission Critical REIT, Inc., a Maryland corporation, its general partner
			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

	
	REIT:
	
	CARTER VALIDUS MISSION CRITICAL REIT, INC., a Maryland corporation
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	(SEAL)
	
	SUBSIDIARY GUARANTOR:
	
	HC-2501 W WILLIAM CANNON DR, LLC, a Delaware limited liability company
		
	By:	 	Carter/Validus Operating Partnership, LP, a Delaware limited partnership
			
		 	By:	 	 Carter Validus Mission Critical REIT, Inc.,
 a Maryland corporation, its general partner

				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

  
 4Consent issued by the FDIC and Ohio Division

 Exhibit 10.1 
 FEDERAL DEPOSIT INSURANCE CORPORATION 
 WASHINGTON, D.C. 

AND 
 STATE OF OHIO

 DEPARTMENT OF COMMERCE 
 DIVISION OF FINANCIAL INSTITUTIONS 
  

					
	 	  	)	  	
	 In the Matter of
	  	)	  	
		  	)	  	
	 THE HOME SAVINGS AND LOAN COMPANY
	  	)	  	
	 OF YOUNGSTOWN
	  	)	  	            CONSENT ORDER
		  	)	  	
	 YOUNGSTOWN, OHIO
	  	)	  	            FDIC-12-022b
		  	)	  	
	 (STATE CHARTERED INSURED
	  	)	  	
	 SAVINGS BANK)
	  	)	  	
	 	  	)	  	

 The Home Savings and Loan Company of Youngstown, Youngstown, Ohio, (“Bank”), having been
advised of its right to a NOTICE OF CHARGES AND OF HEARING detailing the unsafe or unsound banking practices alleged to have been committed by the Bank, and of its right to a hearing on the charges under section 8(b) of the Federal Deposit Insurance
Act (“Act”), 12 U.S.C. § 1818(b), and under section 1163.03 of the Ohio Revised Code regarding hearings before the Division of Financial Institutions for the State of Ohio (“Division”), and having waived those
rights, by and through its duly elected and acting Board of Directors (“Board”) entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF A CONSENT ORDER (“STIPULATION”) with representatives of the Federal Deposit
Insurance Corporation (“FDIC”) and the Division, dated March 29, 2012, whereby, solely for the purpose of this proceeding and without admitting or denying any charges of unsafe or unsound banking practices relating to
weaknesses in capital, asset quality, and earnings, the Bank consented to the issuance of a CONSENT ORDER(“ORDER”) by the FDIC and the Division. 

 The FDIC and the Division considered the matter and determined that they had reason to
believe that the Bank had engaged in unsafe or unsound banking practices and therefore accepted the STIPULATION. 
 Having also
determined that the requirements for issuance of an order under 12 U.S.C. § 1818(b) and Ohio Revised Code § 1163.03, have been satisfied, the FDIC and the Division HEREBY ORDER that the Bank, its institution-affiliated parties, as
that term is defined in section 3(u) of the Act, 12 U.S.C. § 1813(u), and its successors and assigns, take the affirmative actions as follows: 

  
 2 

 MANAGEMENT 
 1. (a) While this ORDER remains in effect, the Bank shall continue to retain qualified management. Management shall be provided the necessary written authority to implement the provisions of this ORDER.
The qualifications of management shall be assessed on its ability to: 
  

	 	(i)	Comply with the requirements of this ORDER; 

  

	 	(ii)	Operate the Bank in a safe and sound manner; 

  

	 	(iii)	Comply with applicable laws, rules, and regulations; and 

  

	 	(iv)	Restore all aspects of the Bank to (or, as applicable, maintain) a safe and sound condition, including capital adequacy, asset quality, management effectiveness,
earnings, liquidity, and sensitivity to interest rate risk. 

 (b) While this ORDER is in effect, prior to the
addition of any individual to the Board or the employment of any individual as a senior executive officer, the Bank shall request and obtain the written approval of the Regional Director of the Chicago Regional Office of the FDIC (“Regional
Director”) and the Division. For purposes of this ORDER, “senior executive officer” is defined as in section 32 of the Act (“section 32”), 12 U.S.C. § 1831(i), and section 303.101(b) of the FDIC Rules and
Regulations, 12 C.F.R. § 303.101(b). 

  
 3 

 CAPITAL 
 2. (a) By June 30, 2012, the Bank, after establishing an appropriate Allowance for Loan and Lease Losses, shall increase and maintain its Tier 1 Leverage Capital ratio equal to or greater than 9.00
percent (9%) of the Bank’s Average Total Assets. The bank shall also increase and maintain its Total Risk-Based Capital ratio equal to or greater than 12.00 percent (12%) of the Bank’s Total Risk-Weighted Assets. For purposes of
this ORDER, Tier 1 capital, qualifying total capital, total assets, and risk-weighted assets shall be calculated in accordance with Part 325 of the FDIC Rules and Regulations (“Part 325”), 12 C.F.R. Part 325. If any such capital
ratios are less than the percentages required by this ORDER, as determined as of the date of any Report of Condition and Income, or any amendments thereto, or at an examination or visitation by the FDIC or the Division, the Bank shall, within sixty
(60) days from the date of such filing (without regard to amendments), restore the Bank’s Tier 1 Leverage Capital and Total Risk-Based Capital ratios to the minimums prescribed by this ORDER. 

(b) Within thirty (30) days of the effective date of this ORDER, the bank shall revise and submit its capital plan to ensure
compliance with Paragraph 2(a) to the Regional Director and the Division for review and comment. Within thirty (30) days of receipt of any comments from the Regional Director or the Division the Bank shall incorporate any changes required by
the Regional Director or the Division and thereafter adopt, implement, and adhere to the plan. 

  
 4 

 (c) Any increase in Tier 1 capital may be accomplished by the following: 

 

	 	(i)	The sale of common stock and noncumulative perpetual or preferred stock constituting Tier 1 capital under Part 325; or 

 

	 	(ii)	The elimination of all or part of the assets classified as “Loss” provided any such collection on a partially charged-off asset shall first be applied to that
portion of the asset which was not charged off pursuant to this ORDER; or 

  

	 	(iii)	The collection in cash of assets previously charged off; or 

  

	 	(iv)	The direct contribution of cash by the directors or the shareholders of the Bank; or 

 

	 	(v)	Any other means acceptable to the Regional Director and the Division; or 

  

	 	(vi)	Any combination of the above means. 

 (d) Should the Bank be unable to reach the required capital levels within the time frames specified in subparagraph (a) above, or be unable to maintain those levels, then within thirty (30) days
of receipt of written direction from the Regional Director and the Division, the Bank shall develop, adopt, and implement a written contingency plan to sell or merge itself into another federally-insured financial institution or to otherwise provide
for a sufficient capital investment into the Bank. A copy of the plan required by this paragraph shall be submitted to, and determined to be acceptable by, the Regional Director and the Division. 

  
 5 

 DIVIDEND RESTRICTION 

3. As of the effective date of this ORDER, the Bank shall not declare or pay any dividend without the prior written consent of the
Regional Director and the Division. 
 PROHIBITION OF ADDITIONAL LOANS TO CLASSIFIED BORROWERS 

4. (a) As of the effective date of this ORDER, the Bank shall not extend, directly or indirectly, any additional credit to, or for the
benefit of, any borrower who is already obligated in any manner to the Bank on any extensions of credit (including any portion thereof) that has been charged off the books of the Bank or classified “Loss” in the June 13, 2011 Joint
Report of Examination (“Joint Report”), or which is classified “Loss” in any subsequent examination or visitation, so long as such credit remains uncollected, without the prior written consent of the Regional Director and
Division. 
 (b) As of the effective date of this ORDER, the Bank shall not extend, directly or indirectly, any additional
credit to, or for the benefit of, any borrower whose loan or other credit has been classified “Substandard”, “Doubtful”, or is listed for “Special Mention” in the Joint Report or any subsequent visitation or
examination, and remains uncollected unless the Bank’s Board Loan Committee has adopted, prior to such extension of credit, a detailed written statement giving the reasons why such extension of credit is in the best interest of the Bank. A copy
of the statement shall be signed by each Director who is a member of the Board Loan Committee with their approval or disapproval noted thereon, the statement shall be incorporated into the minutes of the applicable Board Loan Committee meeting, and
a copy thereof placed into the appropriate loan file. 

  
 6 

 REDUCTION OF CLASSIFIED ASSETS 

5. (a) The Bank shall revise its written plan to reduce the Bank’s risk position in each asset in excess of $500,000 which is
classified “Substandard” or “Doubtful” in the Joint Report, or in any subsequent reports of examination, external loan review, or by management in the internal loan review process. 

(b) Within six (6) months of the effective date of this ORDER, the Bank shall reduce and maintain total adversely classified assets
at a level no greater than seventy-five (75%) percent of the total dollar amount of adversely classified assets stated in the Joint Report, and within twelve (12) months shall further reduce and maintain adversely classified assets at a
level no greater than fifty (50%) percent of the total dollar amount of adversely classified assets stated in the Joint Report. 

  
 7 

 (c) While this ORDER is in effect, the Bank shall update the Classified Asset Plan to
reflect any assets subsequently classified as Doubtful or Substandard by the Bank internally or by the FDIC or the Division in any subsequent visitation or examination. Such updated plans shall include, but not be limited to, the following:

  

	 	(i)	A schedule, completed on a quarterly basis, illustrating portfolio risk targets and showing the expected consolidated balance of all adversely classified assets, and
the ratio of the consolidated balance to the Bank’s projected Tier 1 Capital plus Allowance for Loan and Lease Losses; 

  

	 	(ii)	Dollar levels to which the Bank will strive to reduce individual lending relationships on a quarterly basis; and 

 

	 	(iii)	Provisions for the submission of monthly written progress reports to the Bank’s Board for review and notation in the board of director’s minutes.

 (d) Once the total dollar amount of adversely classified assets has been reduced as required by provision 5(b),
the Bank may petition the Regional Director and the Division to ease the capital requirement of Paragraph 2(a) to be commensurate with the present risk profile. 

  
 8 

 LOSS CHARGE-OFF 

6. As of the effective date of this Order the Bank shall charge off from its books and records any assets classified “Loss” in
the Joint Report, except with respect to any amount that had been classified “Loss” for any real estate owned by the Bank, for which a reserve allowance may be established, and shall immediately charge off any other assets classified
“Loss” in any subsequent visitation or examination. 
 REDUCTION OF DELINQUENCIES 

7. The Bank shall adopt, adhere to, and revise as necessary, its written plan for the reduction and collection of delinquent loans, and
shall submit a copy of the plan and any revisions to the Regional Director and the Division. The plan and revisions thereto shall include, but not be limited to, provisions which: 

(a) Prohibit the extension of credit for the payment of interest; 

(b) Establish acceptable guidelines for the collection of delinquent credits; 

(c) Establish dollar levels to which the Bank shall reduce delinquencies within six and twelve months periods; and 

  
 9 

 (d) Provide for the submission of monthly written progress reports to the Bank’s board
of directors for review and notation in minutes of the meetings of the board of directors. If the Regional Director or the Division recommend in writing changes to the plan or revisions, the Bank shall make modifications in accordance with the
recommendations and thereafter implement the modified plan. 
 CONCENTRATIONS OF CREDIT 

8. (a) Within sixty (60) days after the effective date of this ORDER, the Bank shall formulate and submit to the Regional Director
and the Division for review and comment a written plan to reduce each concentration identified in the Joint Report. Within thirty (30) days of receipt of any comments from the Regional Director or the Division, the Bank shall incorporate any
changes required by the Regional Director or the Division and thereafter adopt, implement, and adhere to the plan. The plan shall include, at a minimum: 
  

	 	(i)	Dollar levels to which the Bank shall reduce each concentration for twelve (12) and twenty-four (24) month intervals and the methods by which the target
levels will be attained; 

  
 10 

	 	(ii)	Effective risk management practices and measures as outlined in regulatory guidance to manage concentration risks. These practices need to include portfolio stress
testing and incorporate these results into a comprehensive capital analysis; and 

  

	 	(iii)	Provisions for the submission of monthly written progress reports to the Bank’s Board for review and notation in minutes of the Bank’s Board meetings.

 (b) The written plan shall be updated to include any concentrations identified by the FDIC or the Division in
any subsequent examination or visitation. 

  
 11 

 ALLOWANCE FOR LOAN AND LEASE LOSSES (“ALLL”) 

9. Within thirty (30) days from the effective date of this ORDER, the Board shall ensure the establishment of a comprehensive policy
and methodology for determining the adequacy of the ALLL. The Bank’s policy shall fully address the ALLL deficiencies identified in the Joint Report, and shall be updated to address any later deficiencies identified in subsequent examinations
or visitations. The policy shall provide for a Board review of, the adequate provision for, and the accurate reporting of, the ALLL prior to the submission or publication of all Reports of Condition and Income required by the FDIC or Division. Such
Board reviews shall, at a minimum, ensure that the Bank’s policy is in compliance with the following: 
  

	 	(i)	The Federal Financial Institutions Examination Council’s Instructions for the Reports of Condition and Income; 

 

	 	(ii)	The Interagency Statement of Policy on the Allowance for Loan and Lease Losses; applicable accounting guidance, including Financial Accounting Standards Board
Accounting Standards Codification (“FASB ASC”) Subtopic 450-10 and FASB ASC Subtopic 310-10 (which now supersede prior FAS 5 and 114 guidelines); and 

 

	 	(iii)	Other applicable regulatory guidance that addresses the adequacy of the Bank’s allowance. 

  
 12 

 STRATEGIC PLAN 

10. (a) Within sixty (60) days from the effective date of this ORDER, the Bank shall amend its written strategic plan. The plan
required by this paragraph shall contain an assessment of the Bank’s current financial condition and market area, and a description of the operating assumptions that form the basis for major projected income and expense components. The written
strategic plan shall address, at a minimum: 
  

	 	(i)	Strategies for pricing policies and asset/liability management; and 

  

	 	(ii)	Financial goals, including pro forma statements for asset growth, capital adequacy, and earnings. 

(b) Within thirty (30) days from the end of each calendar quarter following the effective date of this ORDER, the Bank’s Board
shall evaluate the Bank’s actual performance in relation to the strategic plan required by this paragraph and record the results of the evaluation, and any actions taken by the Bank, in the minutes of the Board meeting at which such evaluation
is undertaken. 
 (c) The strategic plan required by this ORDER shall be revised at the end of each calendar year during which
this ORDER is in effect and shall be completed on or before December 31 of such year. The Board shall approve the revised plan, which approval shall be recorded in the minutes of the applicable Board meeting, and the Bank shall thereafter
implement and adhere to the revised plan. 
 (d) While this ORDER is in effect, the Bank shall not enter into any new line of
business without the prior written consent of the Regional Director and the Division. 
 (e) The plan and revisions thereto
required by this paragraph shall be submitted to the Regional Director and the Division for review and comment. Within thirty (30) days of receipt of any comments from the Regional Director or the Division the Bank shall incorporate any changes
required by the Regional Director or the Division and thereafter adopt, implement, and adhere to the plan. 

  
 13 

 PROFIT PLAN AND BUDGET 

11. (a) Within ninety (90) days from the effective date of this ORDER, the Bank shall amend its written profit plan and prepare a
realistic, comprehensive budget for all categories of income and expense for calendar years 2012 and 2013. The plans required by this paragraph shall focus on earnings improvement and shall contain formal goals and strategies, consistent with sound
banking practices, to reduce discretionary expenses and to improve the Bank’s overall earnings, and shall contain a description of the operating assumptions that form the basis for major projected income and expense components. 

(b) The written profit plan shall address, at a minimum: 
  

	 	(i)	Realistic and comprehensive budgets; 

  

	 	(ii)	A budget review process to monitor the income and expenses of the Bank to compare actual figures with budgetary projections; 

 

	 	(iii)	Identification of major areas in, and means by which, earnings will be improved; and 

  
 14 

	 	(iv)	A description of the operating assumptions that form the basis for and adequately support major projected income and expense components. 

(c) Within forty-five (45) days from the end of each calendar quarter following completion of the profit plans and budgets required
by this paragraph, the Bank’s Board shall evaluate the Bank’s actual performance in relation to the plan and budget, record the results of the evaluation, and note any actions taken by the Bank in the minutes of the Board meeting at which
such evaluation is undertaken. 
 (d) A written profit plan and budget for the next two-year period shall be prepared at the end
of each calendar year during which this ORDER is in effect and shall be completed not less than thirty (30) days prior to the beginning of the next calendar year. 
 (e) The plans and budgets required by this paragraph shall be submitted to the Regional Director and the Division for review and comment. Within thirty (30) days of receipt of any comments from the
Regional Director or the Division the Bank shall incorporate any changes required by either of them and shall thereafter adopt, implement, and adhere to the plan and budget. 

  
 15 

 NOTIFICATION TO SHAREHOLDER 

12. Following the effective date of this ORDER, the Bank shall send to its shareholder a copy of this ORDER: (1) in conjunction with
the Bank’s next shareholder communication; or (2) in conjunction with its notice or proxy statement preceding the Bank’s next shareholder meeting. 
 PROGRESS REPORTS 
 13. Within thirty (30) days from the end of each
calendar quarter following the effective date of this ORDER, the Bank shall furnish to the Regional Director and the Division written progress reports signed by each member of the Bank’s Board, detailing the actions taken to secure compliance
with the ORDER and the results thereof. 
 CLOSING PARAGRAPHS 

This ORDER shall be effective upon the date of its issuance by the FDIC and the Division. 

The provisions of this ORDER shall be binding upon the Bank, its institution-affiliated parties, and any successors and assigns thereof.

 The provisions of this ORDER shall remain effective and enforceable except to the extent that, and until such time as, any
provision has been modified, terminated, suspended, or set aside by the FDIC and the Division. 

  
 16 

 Pursuant to delegated authority. 

Dated: March 30, 2012. 
  

									
	 Federal Deposit Insurance
 Corporation
	 		 	 State of Ohio

Division of Financial Institutions

					
	By:	 		 		 	By:	 	
			
	 /s/    M. Anthony Lowe
	 		 	 /s/    Charles J. Dolezal

	M. Anthony Lowe	 		 	Charles J. Dolezal
	Regional Director	 		 	Superintendent
	Chicago Regional Office	 		 	
			
		 		 	And
				
		 		 		 	 /s/    Kevin R. Allard

		 		 		 	Kevin R. Allard
		 		 		 	Deputy Superintendent

  
 17

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