Document:

Prepared by MerrillDirect

AMENDMENT NO. 4 TO

THIRD AMENDED AND RESTATED LOAN
AGREEMENT

             AGREEMENT, made as of the 23rd day of May, 2001, by and among:

             NATIONAL CONSUMER COOPERATIVE BANK, a corporation chartered by Act of Congress of the
United States which conducts business under the trade name National Cooperative
Bank (the “Borrower”);

             The Banks which have executed this Agreement (individually, a “Bank” and, collectively, the “Banks”);

             FLEET NATIONAL BANK (successor to Fleet Bank, N.A.), as Administrative
Agent for the Banks (in such capacity, together with its successors in such
capacity, the “Agent”); and

             FLEET NATIONAL BANK, as Arranger, FIRST UNION NATIONAL BANK, as Syndication Agent, BANK
ONE, as Documentation Agent and SUNTRUST BANK, CREDIT SUISSE
FIRST BOSTON, BANK OF AMERICA, N.A. and WACHOVIA BANK, N.A., as Co-Agents.

W I T N E S S E T H :

             WHEREAS:

             (A)       The
Borrower, the Agent and the banks signatory thereto (the “Banks”) entered into a certain Third
Amended and Restated Loan Agreement dated as of May 28, 1997, which was amended
pursuant to (i) Amendment No. 1 to Third Amended and Restated Loan Agreement
dated as of May 27, 1998, (ii) Amendment No. 2 to Third Amended and Restated
Loan Agreement dated as of May 26, 1999, and (iii) Amendment No. 3 to Third
Amended and Restated Loan Agreement dated as of May 24, 2000 (as so amended,
the “Original Loan Agreement”; the
Original Loan Agreement, as amended hereby, and as it may hereafter be further
amended, modified or supplemented, is hereinafter referred as the “Loan Agreement”);

             (B)        The
Borrower wishes to amend the Original Loan Agreement to, among other things,
(i) decrease the aggregate amount of the B Commitment from $231,000,000 to
$174,000,000 and, consequently, decrease the aggregate Total Commitment from
$385,000,000 to $328,000,000, and (ii) extend the B Commitment Termination Date
to May 22, 2002, and the Banks and the Agent are willing to amend and
supplement the Original Loan Agreement on the terms and conditions hereinafter
set forth;

             (C)        Certain
of the Banks desire to terminate their B Commitment and, consequently, decrease
their respective Total Commitment to the amount set forth opposite its name on
its signature page hereto and the Borrower desires to accept such decreased
Total Commitment; and

             (D)        All
capitalized terms used herein which are not otherwise defined herein shall have
the respective meanings ascribed thereto in the Original Loan Agreement.

             NOW, THEREFORE, the parties hereto agree as follows:

             Article 1.   Change
in Total Commitments.

             Section 1.1      Total
Commitments.  From and after the date hereof, for purposes of the
Loan Agreement, the Total Commitment of each Bank shall be the sum of it’s A
Commitment and B Commitment as set forth opposite each Bank’s name on the
signature pages hereto as the same may be reduced pursuant to the terms of the
Loan Agreement, and, with respect to each Bank, such amount shall supersede and
be deemed to amend the amount of its respective Total Commitment as set forth
opposite its name on the signature pages to the Original Loan Agreement.

             Section 1.2      Adjustment of Outstanding B Loans.  If any B Loans are outstanding under the Original Loan Agreement on the
date hereof, the Banks shall on the date hereof, at the direction of the Agent,
make appropriate adjustments among themselves in order to insure that the
amount (and type) of the B Loans outstanding to the Borrower from each Bank
under the Loan Agreement (as of the date hereof) are proportionate to the
amount of all of the B Commitments, after giving effect to the decreased amount
of the aggregate B Commitments.  The
Borrower agrees and consents to the terms of this Section 1.2.

             Article 2.         Amendments
to Original Loan Agreement; Fourth Substituted Notes.

             Section 2.1      The Original Loan Agreement is hereby amended as
follows:

                           (a)         The phrase “the amount set forth
opposite such Bank’s name on the signature pages hereto” appearing in the
definition of the terms “A Commitment” and “B Commitment” in Article 1 of the
Original Loan Agreement shall be deemed to refer to the amounts set forth
opposite each Bank’s name on the signature pages hereto.

                           (b)        The definition of “Additional Interest”
appearing in Article 1 is deleted in its entirety and the following is
substituted therefor:

                                        “‘Additional Interest’ - 0.125% per annum.”

                           (c)         The chart appearing in the definition
of “Applicable Margin” in Article 1 is deleted in its entirety and the
following chart is substituted therefor;

 

                           “‘Applicable Margin’ - on any
date, with respect to LIBOR Loans, the applicable percentage set forth below
based upon the Ratings in effect on such date:

 

	 	 	 	 
	Category 1	A Loans	 	B Loans
	

	

	 	

	Aa2 or higher by
  Moody’s;	.38%	 	.40%
	AA or higher by
  S&P	 	 	 
	 	 	 	 
	Category 2	 	 	 
	

	 	 	 
	A3 by Moody’s;	.475%	 	.50%
	A- or higher by
  S&P	 	 	 
	 	 	 	 
	Category
  3	 	 	 
	

	 	 	 
	Baa1
  by Moody’s;	.575%	 	.60%
	BBB+
  by S&P	 	 	 
	 	 	 	 
	Category
  4	 	 	 
	

	 	 	 
	Baa2
  by Moody’s;	.675%	 	.70%
	BBB
  by S&P	 	 	 
	 	 	 	 
	Category
  5	 	 	 
	

	 	 	 
	Baa3
  by Moody’s;	.725%	 	.80%
	BBB-
  by S&P	 	 	 
	 	 	 	 
	Category
  6	 	 	 
	

	 	 	 
	Lower
  than Baa3 by Moody’s;	.90%	 	.95”%
	Lower
  than BBB- by S&P	 	 	 
	-or-	 	 	 
	No
  Rating by S&P or Moody’s	 	 	 

 

                           (d)        The definition of “B Commitment
Termination Date” appearing in Article 1 is amended by deleting the date “May
23, 2001” and substituting therefor the date “May 22, 2002”.

                           (e)         Subsection 2.12(c) (re Additional
Interest) is deleted in its entirety and the following is substituted therefor:

                           “(c)  For any day when the aggregate outstanding
principal amount of  Loans shall be more
than the greater of (x) forty (40%) percent of the Total Commitment as then in
effect, and (ii) $154,000,000 (the “Utilization Level”), in addition to the
interest otherwise due and payable hereunder, the Borrower shall pay to the
Agent for the account of each Bank, Additional Interest on the aggregate amount
of all outstanding Loans.  Such interest
shall commence to accrue on each date (and for so long as) the aggregate
principal amount of Loans is in excess of the Utilization Level and shall be
payable as set forth in subsection (d) below.”

                           (f)         Section 2.13 is deleted in its entirety
and the following is substituted therefor:

                           “(a)       The A Loans made by each Bank are
evidenced by a single promissory note of the Borrower (each, a “Third Substituted A Note” and,
collectively, the “Third Substituted A Notes”)
in substantially the form of Exhibit A-1 annexed to Amendment No. 3 to Third
Amended and Restated Loan Agreement dated as of May 24, 2000 by and among the
Borrower, the banks signatory thereto and the Agent (“Amendment No. 3”).  Each Third Substituted A Note is dated the
date of Amendment No. 3 and is payable to the order of such Bank in a principal
amount equal to such Bank’s A Commitment as in effect on the date of Amendment
No. 3.  All A Loans made by each Bank
hereunder and all payments and prepayments made on account of the principal
thereof, and all conversions of such A Loans shall be recorded by such Bank on
the schedule attached to the relevant Third Substituted A Note (provided that
any failure by such Bank to make any such endorsement shall not affect the
obligations of the Borrower hereunder or under such Third Substituted A Note in
respect of such A Loans).

                           (b)        The B Loans made by each Bank shall be
evidenced by a single promissory note of the Borrower (each, a “Fourth Substituted B Note” and,
collectively, the “Fourth Substituted B Notes”)
in substantially the form of Exhibit A-1 annexed to Amendment No. 4 to Third
Amended and Restated Loan Agreement dated as of May 23, 2001 by and among the
Borrower, the banks signatory thereto and the Agent (“Amendment No. 4”).  Each Fourth Substituted B Note shall be
dated the date of Amendment No. 4, shall be payable to the order of such Bank
in a principal amount equal to such Bank’s B Commitment as in effect on the
date of Amendment No. 4 and shall otherwise be duly completed.  All B Loans made by each Bank hereunder and
all payments and prepayments made on account of the principal thereof, and all
conversions of such B Loans shall be recorded by such Bank on the schedule
attached to the relevant Fourth Substituted B Note (provided that any failure
by such Bank to make any such endorsement shall not affect the obligations of
the Borrower hereunder or under such Fourth Substituted B Note in respect of
such B Loans).

                           (c)         The Swing Line Loans made by the Swing
Line Lender shall be evidenced by a single promissory note of the Borrower (the
“Fourth Substituted Swing Line Note”)
substantially in the form of Exhibit A-2 annexed to Amendment No. 4.  The Fourth Substituted Swing Line Note shall
be dated the date of Amendment No. 4, shall be payable to the order of the
Swing Line Lender in a principal amount equal to the Swing Line Loan Commitment
and shall be otherwise duly completed. 
All Swing Line Loans made by the Swing Line Lender hereunder and all
payments and prepayments on account of the principal thereof shall be recorded
by the Swing Line Lender on the schedule attached to the Fourth Substituted
Swing Line Note (provided, that any failure by the Swing Line Lender to
make such endorsement shall not affect the obligations of the Borrower
hereunder or under the Fourth Substituted Swing Line Note).”

                           (g)        Section 2.15 (Pro Rata Treatment) is
amended by deleting clause (i) thereof in its entirety and substituting
therefor the following:

                                        “(i)        each borrowing from the Banks under
Section 2.1 hereof (other than the Swing Line Loan) will be made from the Banks
and each payment of each fee shall be made for the account of the Banks, pro
rata according to their respective A Commitment and B Commitment, as the
case may be;”

                           (h)        Subsection 6.9(e) is deleted in its
entirety and the following is substituted therefor:

                                        “(e)       With respect to the Borrower,
Paid-in-Capital in NCB Financial Corporation in an amount not greater than
$40,000,000.”

                           (i)          Subsection 6.9(f) is deleted in its
entirety and the following is substituted therefor:

                                        “(f)       With respect to the Borrower at all
times, Investments in Subsidiaries (other than as set forth in subsection
6.9(e) above and excluding SPV’s and secured loans to NCB Capital) in an
aggregate amount with respect to all such Subsidiaries of not greater than
$20,000,000.”

             Section 2.2      In order to evidence the B Loans and the Swing Line
Loan, as amended hereby, the Borrower shall execute and deliver to each Bank, as
the case may be, simultaneously with the execution and delivery hereof,
promissory notes payable to the order of such Bank in substantially the form of
Exhibits A-1 and A-2 (in the case of the Swing Line Lender) annexed hereto
(hereinafter referred to individually as a “Fourth Substituted Note” and collectively as the “Fourth
Substituted Notes”).  Each of the Banks shall, upon
the execution and delivery by the Borrower of its applicable Fourth Substituted
Note(s) as herein provided, mark the Third Substituted B Note (and in the case
of the Swing Line Lender, the Third Substituted Swing Line Note) delivered to
it in connection with Amendment No. 3 “Replaced by Fourth Substituted Note” and
return them to the Borrower.

             Section 2.3      (a)         All
references in the Original Loan Agreement or any other Loan Document to the
“Loan(s)”, the “B Note(s)”, the “Swing Line Note”, the “Note(s)” and the “Loan
Documents” shall be deemed to refer respectively, to the Loan(s) as amended
hereby, the Fourth Substituted B Note(s), the Fourth Substituted Swing Line
Note, the Fourth Substituted Note(s) together with the Third Substituted A
Notes and the Loan Documents as defined in the Original Loan Agreement together
with, and as amended by, this Amendment No. 4, the Fourth Substituted Notes and
all agreements, documents and instruments delivered pursuant thereto or in
connection therewith.

                                        (b)        All references in the Original Loan
Agreement and the other Loan Documents to the “Loan Agreement”, and also in the
case of the Original Loan Agreement to “this Agreement”, shall be deemed to
refer to the Original Loan Agreement, as amended hereby.

             Section 2.4      The
Original Loan Agreement and the other Loan Documents shall each be deemed
amended and supplemented hereby to the extent necessary, if any, to give effect
to the provisions of this Agreement.

             Article 3.         Representations
and Warranties.

             The Borrower hereby confirms,
reaffirms and restates to each of the Banks and the Agent all of the
representations and warranties set forth in Article 3 of the Original Loan
Agreement as if such representations and warranties were made as of the date
hereof, except for changes in the ordinary course of business which, either
singly or in the aggregate, are not materially adverse to the business or financial
condition of the Borrower and except that Schedule 3.1 is amended to add the
Subsidiaries set forth in the Addendum to Schedule 3.1 annexed hereto.

             Article 4.         Conditions
to Effectiveness of this Agreement.

                           This Amendment No. 4
to Third Amended and Restated Loan Agreement shall become effective on the date
of the fulfillment (to the satisfaction of the Agent) of the following
conditions precedent:

                           (a)         This Amendment No. 4 shall have been
executed and delivered to the Agent by a duly authorized representative of the
Borrower, the Agent and each Bank.

                           (b)        The Borrower shall have executed and
delivered to each Bank its Fourth Substituted B Note and with respect to the
Swing Line Lender, the Fourth Substituted Swing Line Note.

                           (c)         The Agent shall have received a
Compliance Certificate from the Borrower dated the date hereof and the matters
certified therein, including, without limitation, that after giving effect to
the terms and conditions of this Amendment No. 4, no Default or Event of
Default shall exist, shall be true.

                           (d)        Shea & Gardner, counsel to the
Borrower, shall have delivered its legal opinion to the Agent, in form and
substance satisfactory to the Agent and its counsel.

                           (e)         The Agent shall have received copies of
the following:

                                        (i)          Copies of all corporate action taken
by the Borrower to authorize the execution, delivery and performance of this
Amendment No. 4, the Fourth Substituted Notes and the transactions contemplated
hereby, certified by its secretary;

                                        (ii)         A certificate from the secretary of the
Borrower to the effect that the By-laws of the Borrower delivered to the Agent
pursuant to the Original Loan Agreement have not been amended since the date of
such delivery and that such document is in full force and effect and is true
and correct as of the date hereof; and

                                        (iii)        An incumbency certificate (with specimen
signatures) with respect to the Borrower.

                           (f)         All legal matters incident hereto shall
be satisfactory to the Agent and its counsel.

             Article 5.         Miscellaneous.

             Section 5.1      Article
10 of the Original Loan Agreement.  The miscellaneous provisions under Article 10 of the
Original Loan Agreement, together with the definition of all terms used
therein, and all other sections of the Original Loan Agreement to which Article
10 refers are hereby incorporated by reference as if the provisions thereof
were set forth in full herein, except that (i) the terms “Loan Agreement”,
“Note(s)” and “Loan”, shall be deemed to refer, respectively, to the Original
Loan Agreement, as amended hereby, the Fourth Substituted Note(s) together with
the Third Substituted A Notes and the Loans, as amended hereby; (ii) the term
“this Agreement” shall be deemed to refer to this Agreement; and (iii) the
terms “hereunder” and “hereto” shall be deemed to refer to this Agreement.

             Section 5.2      Continued
Effectiveness.  Except as amended hereby, the Original Loan
Agreement and the other Loan Documents are hereby ratified and confirmed in all
respects and shall remain in full force and effect in accordance with their
respective terms.

             Section 5.3      Counterparts.
This Agreement
may be executed by the parties hereto in one or more counterparts, each of
which shall be an original and all of which shall constitute one and the same
agreement.

             IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed on the date first above written.

	 	NATIONAL CONSUMER COOPERATIVE BANK,
	 	D/B/A NATIONAL COOPERATIVE BANK
	 	 
	 	 
	 	By:
	 	

	 	Title:
			

 

[SIGNATURES CONTINUED ON
FOLLOWING PAGES]

 

	A Commitment	 	FLEET NATIONAL BANK
	 	 	as Administrative Agent and as a Bank
	$19,000,000	 	and as Swing Line Lender
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:  William J.
  Kelly
	 	 	Title:    Assistant
  Vice President
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$28,500,000	 	Address for Notices:
	 	 	 
	 	 	1185 Avenue of the Americas
	 	 	New York, New York 10036
	 	 	Attn:   Mr. Thomas
  J. Levy
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 212–819–5751
	 	 	 
	 	 	Telecopier No.: 212–819–6166
				

 

 

	A Commitment	 	FIRST UNION NATIONAL BANK, as
	 	 	Syndication Agent and as a Bank
	$16,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$24,000,000	 	Address for Notices:
	 	 	 
	 	 	First Union National Bank
	 	 	Non-Profit Financial Services Group
	 	 	1970 Chain Bridge Road
	 	 	McLean, Virginia 22102
	 	 	 
	 	 	Attn.:   Mr. Gilbert A. Ricotta
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 703-760-6877
	 	 	 
	 	 	Telecopier No.: 703-760-6189
				

 

 

	A Commitment	 	BANK ONE, NA,
	 	 	as Documentation Agent and as a Bank
	$16,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	B Commitment	 	 
	 	 	 
	-$0-	 	 
	 	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	 	 	Address for Notices:
	 	 	 
	 	 	Bank One, NA
	 	 	1 Bank One Plaza
	 	 	Mail Code: IL1-0162
	 	 	Chicago, Illinois 60670
	 	 	Attn.:   Mr. Steven D. Franklin
	 	 	Director
	 	 	 
	 	 	 
	 	 	Telephone No.: 312-732-7949
	 	 	 
	 	 	Telecopier No.: 312-732-6222
				

 

 

	A Commitment	 	SUNTRUST BANK,
	 	 	as Co-Agent and as a Bank
	$16,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	B Commitment	 	 
	 	 	 
	$24,000,000	 	 
	 	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	 	 	Address for Notices:
	 	 	 
	 	 	SunTrust Bank
	 	 	201 Fourth Avenue North
	 	 	Nashville, Tennessee 37219
	 	 	Attn.:   Mr. Richard B. Boring, Jr.
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 
  615-748-4314
	 	 	 
	 	 	Telecopier No.: 
  615-748-5161
	 	 	 
	 	 	 
				

 

 

	A Commitment	 	CREDIT SUISSE FIRST BOSTON,
	 	 	as Co-Agent and as a Bank
	$14,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	By:
	 	 	

	$21,000,000	 	Name:
	 	 	Title:
	 	 	 
	 	 	Loans and LIBOR Loans and
	 	 	Address for Notices:
	 	 	 
	 	 	Credit Suisse First Boston
	 	 	11 Madison Avenue/20th Floor
	 	 	New York, New York 
  10010-3629
	 	 	Attn.:   Mr. Jay Chall
	 	 	 
	 	 	Telephone No.: 212-325-9010
	 	 	 
	 	 	Telecopier No.: 212-325-8320
				

 

 

	A Commitment	 	BANK OF AMERICA, N.A.,
	 	 	as Co-Agent and as a Bank
	$14,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	-$0-	 	Address for Notices:
	 	 	 
	 	 	Bank of America, N.A.
	 	 	901 Main Street/66th Floor
	 	 	Dallas, Texas 75202
	 	 	Attn.:   Ms. Mary Pat Riggins
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 214-209-0585
	 	 	 
	 	 	Telecopier No.: 214-209-0604
				

 

 

	A Commitment	 	WACHOVIA BANK, N.A.,
	 	 	as Co-Agent and as a Bank
	$14,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$21,000,000	 	Address for Notices:
	 	 	 
	 	 	Wachovia Bank, N.A.
	 	 	191 Peachtree Street, N.E.
	 	 	Atlanta, Georgia 
  30303
	 	 	Attn.:   Mr. Mark A. Edwards
	 	 	Senior
  Vice President
	 	 	 
	 	 	Telephone No.: 404-332-5137
	 	 	 
	 	 	Telecopier No.: 404-332-5905
				

 

 

	A Commitment	 	PNC BANK, NATIONAL ASSOCIATION
	 	 	 
	$12,000,000	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$18,000,000	 	Address for Notices:
	 	 	 
	 	 	PNC Bank, National Association
	 	 	1600 Market Street/21st Floor
	 	 	Philadelphia, Pennsylvania 19103
	 	 	Attn.:   Mr. Eric G. Erickson
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 215-585-5961
	 	 	 
	 	 	Telecopier No.: 215-585-6987
				

 

 

	A Commitment	 	COOPERATIEVE CENTRALE RAIFFEISEN-
	 	 	BOERENLEENBANK 
  B.A., “Rabobank
	$10,000,000	 	International”, New York Branch
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$15,000,000	 	Address for Notices:
	 	 	 
	 	 	Rabobank Nederland New York Branch
	 	 	245 Park Avenue/37th Floor
	 	 	New York, New York 10167-0062
	 	 	Attn:    Mr. Timothy O’Brien
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 212-916-7826
	 	 	 
	 	 	Telecopier No.: 212-808-2585
	 	 	 
	 	 	With a copy to:
	 	 	 
	 	 	c/o Rabo Support Services
	 	 	10 Exchange Place
	 	 	Jersey City, New Jersey 07302
	 	 	Attention: Corporate Services
				

 

 

	A Commitment	 	DG BANK DEUTSCHE
	 	 	GENOSSENSCHAFTBANK A.G
	$8,000,000	 	CAYMAN ISLANDS BRANCH
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	By:
	 	 	

	-$0-	 	Name:
	 	 	Title:
	 	 	 
	 	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	 	 	Address for Notices:
	 	 	 
	 	 	DG Bank Deutsche Genossenschaftbank AG
	 	 	Cayman Islands Branch
	 	 	609 Fifth Avenue
	 	 	New York, New York 10017-1021
	 	 	Attn:  Mr. Edward
  Thome
	 	 	Assistant
  Vice President
	 	 	 
	 	 	Telephone No.: 212-745-1464
	 	 	 
	 	 	Telecopier No.: 212-745-1422/1566
				

 

 

	A Commitment	 	UNION BANK OF CALIFORNIA, N.A.
	 	 	 
	$8,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$12,000,000	 	Address for Notices:
	 	 	 
	 	 	Union Bank of California, N.A.
	 	 	445 So. Figueroa Street/13th Floor
	 	 	Los Angeles, California 90071
	 	 	Attn:    Mr. Timothy Prangley
	 	 	Vice
  President
	 	 	 
	 	 	Telephone No.: 213–236–6999
	 	 	 
	 	 	Telecopier No.: 213–236–5954
				

 

 

	A Commitment	 	ALLFIRST BANK
	 	 	 
	$7,000,000	 	 
	 	 	 
	 	 	By:
	 	 	

	 	 	Name:
	 	 	Title:
	 	 	 
	 	 	 
	B Commitment	 	Lending Office for Prime Rate
	 	 	Loans and LIBOR Loans and
	$10,500,000	 	Address for Notices:
	 	 	 
	 	 	Allfirst Bank
	 	 	Financial Institutions Division
	 	 	P.O. Box 1596 (101-710)
	 	 	25 South Charles Street/Suite 1505
	 	 	Baltimore, Maryland 21201
	 	 	Attn:    Mr. Steven A. Schramm
	 	 	Assistant
  Vice President
	 	 	 
	 	 	Telephone No.: 410-244-4045
	 	 	 
	 	 	Telecopier No.: 410-244-4234
				

 

EXHIBITS/ADDENDUM

A-1       Form of Fourth Substituted B Note

A-2       Form of Fourth Substituted Swing
Line Note

Addendum
to Schedule 3.1 (Subsidiaries)

EXHIBIT A-1 TO AMENDMENT NO. 4

TO THIRD AMENDED AND RESTATED LOAN AGREEMENT

BY AND AMONG

NATIONAL CONSUMER COOPERATIVE BANK

CERTAIN BANKS NAMED THEREIN

AND

FLEET
NATIONAL BANK, AS AGENT FOR THE BANKS

FORM OF FOURTH SUBSTITUTED B
NOTE

	[B Commitment Amount]	Due May 22, 2002

 

             FOR VALUE RECEIVED, NATIONAL CONSUMER COOPERATIVE BANK
D/B/A NATIONAL COOPERATIVE BANK (the “Borrower”), hereby promises to pay to the order of
[_______________] (the “Bank”) by payment to the Agent for the account of the Bank the principal sum
of [amount of B Commitment] ($_________) Dollars (or such lesser amount as
shall equal the aggregate unpaid principal amount of the B Loans made by the
Bank under the Loan Agreement hereinafter defined, shown on the schedule
annexed hereto and any continuation thereof), in lawful money of the United
States of America and in immediately available funds on the date or dates
determined as provided in the Loan Agreement but in no event later than May 22,
2002.

             The Borrower further promises to
pay to the order of the Bank by payment to the Agent for the account of the
Bank interest on the unpaid principal amount of each Loan from the date such
Loan is made until paid in full, payable at such rates and at such times as
provided for in the Loan Agreement.

             The Bank has been authorized by the
Borrower to record on the schedules annexed to this B Note (or on any
continuation thereof) the amount, type, due date and interest rate of each B
Loan made by the Bank under the Loan Agreement and the amount of each payment
or prepayment of principal and the amount of each payment of interest of each
such B Loan received by the Bank, it being understood, however, that failure to
make any such notation shall not affect the rights of the Bank or the
obligations of the Borrower hereunder or under the Loan Agreement in respect of
such Loans. Such notations shall be deemed correct, absent manifest error.

             This B Note is one of the Notes
referred to in the Third Amended and Restated Loan Agreement dated as of May
28, 1997, as amended by Amendment No. 1 to Third Amended and Restated Loan
Agreement dated as of May 27, 1998, Amendment No. 2 to Third Amended and
Restated Loan Agreement dated as of May 26, 1999, Amendment No. 3 to Third
Amended and Restated Loan Agreement dated as of May 24, 2000, and Amendment No.
4 to Third Amended and Restated Loan Agreement dated as of May 23, 2001 (as so
amended, the “Loan Agreement”)
among the Borrower, the Banks, and Fleet National Bank, as Agent for the Banks
and evidences the B Loans made by the Bank thereunder.  This Fourth Substituted B Note supersedes
and is given in substitution for the Third Substituted B Note dated May 24,
2000 made by the Borrower to the order of the Bank in the original principal
amount of $__________ but does not constitute a novation, extinguishment or
termination of the obligations evidenced thereby.  Capitalized terms used in this B Note have the respective
meanings assigned to them in the Loan Agreement.

             Upon the occurrence of an
Event of Default under the Loan Agreement, the principal hereof and accrued
interest hereon shall become, or may be declared to be, forthwith due and
payable in the manner, upon the conditions and with the effect provided in the
Loan Agreement.

             The Borrower may at its option
prepay all or any part of the principal of this B Note before maturity upon and
subject to the terms provided in the Loan Agreement.

             The Borrower agrees to pay costs of
collection and reasonable attorneys’ fees in case default occurs in the payment
of this B Note.

             Presentment for payment, notice of
dishonor, protest and notice of protest are hereby waived.

             This B Note has been executed and
delivered this 23rd day of May, 2001 in New York, New York, and shall be
construed in accordance with and governed by the internal laws of the State of
New York.

	 	NATIONAL CONSUMER COOPERATIVE BANK
	 	D/B/A NATIONAL COOPERATIVE BANK
	 	 
	 	By:
	 	

	 	Title:
			

 

SCHEDULE TO FOURTH SUBSTITUTED
B NOTE

MADE BY NATIONAL CONSUMER COOPERATIVE BANK

IN FAVOR
OF _____________________

             This Note evidences the Loans made
under the within described Agreement, in the principal amounts, of the types
(Prime Rate Loans or LIBOR Loans) and on the dates set forth below, subject to
the payments or prepayments set forth below:

	

Date Made	Principal 

  Amount
of Loan	

  Due Date
of Loan	

  Interest Rate 
on Loan	

  Amount of Payment	

  Balance Outstanding	

  Notation 
Made By
	 	 	 	 	 	 	 

EXHIBIT A-2 TO AMENDMENT NO. 4

TO THIRD AMENDED AND RESTATED LOAN AGREEMENT

BY AND AMONG

NATIONAL CONSUMER COOPERATIVE BANK

CERTAIN BANKS NAMED THEREIN

AND

FLEET NATIONAL BANK, AS AGENT FOR THE BANKS

FORM OF FOURTH SUBSTITUTED
SWING LINE NOTE

	$20,000,000	Due May 22, 2002

 

             FOR VALUE RECEIVED, NATIONAL CONSUMER COOPERATIVE BANK
D/B/A NATIONAL COOPERATIVE BANK (the “Borrower”), hereby promises to pay to the order of FLEET
NATIONAL BANK (the “Bank”) by payment to the Bank the principal sum of TWENTY
MILLION DOLLARS ($20,000,000) (or such lesser amount as shall equal the aggregate
unpaid principal amount of the Swing Line Loans made by the Bank under the Loan
Agreement hereinafter defined, shown on the schedule annexed hereto and any
continuation thereof), in lawful money of the United States of America and in
immediately available funds on the date or dates determined as provided in the
Loan Agreement but in no event later than May 22, 2002.

             The Borrower further promises to
pay to the order of the Bank by payment to the Bank interest on the unpaid
principal amount of each Swing Line Loan from the date such Swing Line Loan is
made until paid in full, payable at such rates and at such times as provided
for in the Loan Agreement.

             The Bank has been authorized by the
Borrower to record on the schedules annexed to this Swing Line Note (or on any
continuation thereof) the amount, due date and interest rate of each Swing Line
Loan made by the Bank under the Loan Agreement and the amount of each payment
of principal and the amount of each payment of interest of each such Swing Line
Loan received by the Bank, it being understood, however, that failure to make
any such notation shall not affect the rights of the Bank or the obligations of
the Borrower hereunder or under the Loan Agreement in respect of such Swing
Line Loans. Such notations shall be deemed correct, absent manifest error.

             This Swing Line Note is the Swing
Line Note referred to in the Third Amended and Restated Loan Agreement dated as
of May 28, 1997, as amended by Amendment No. 1 to Third Amended and Restated
Loan Agreement dated as of May 27, 1998, Amendment No. 2 to Third Amended and
Restated Loan Agreement dated as of May 26, 1999,  Amendment No. 3 to Third Amended and Restated Loan Agreement
dated as of May 24, 2000, and Amendment No. 4 to Third Amended and Restated
Loan Agreement dated as of May 23, 2001 (as so amended, the “Loan Agreement”) among the Borrower, the
Banks and Fleet National Bank, as Agent for the Banks and evidences the Swing
Line Loans made by the Bank thereunder. Capitalized terms used in this Swing
Line Note have the respective meanings assigned to them in the Loan Agreement.

             Upon the occurrence of an
Event of Default, under the Loan Agreement, the principal hereof and accrued
interest hereon shall become, or may be declared to be, forthwith due and
payable in the manner, upon the conditions and with the effect provided in the
Loan Agreement.

             The Borrower agrees to pay costs of
collection and reasonable attorneys’ fees in case default occurs in the payment
of this Swing Line Note.

             Presentment for payment, notice of
dishonor, protest and notice of protest are hereby waived.

             This Swing Line Note has been
executed and delivered this 23rd day of May, 2001 in New York, New York, and
shall be construed in accordance with and governed by the laws of the State of
New York.

	 	NATIONAL CONSUMER COOPERATIVE BANK
	 	D/B/A NATIONAL COOPERATIVE BANK
	 	 
	 	By:
	 	

	 	Title:
			

SCHEDULE TO FOURTH SUBSTITUTED
SWING LINE NOTE

MADE BY NATIONAL CONSUMER COOPERATIVE BANK

IN FAVOR
OF FLEET NATIONAL BANK

             This Swing Line Note evidences the
Swing Line Loans made under the within described Agreement, in the principal
amounts, and on the dates set forth below, subject to the payments set forth
below:

	

Date Made	Principal
 Amount
of Loan	

  Due Date
of Loan	

  Interest Rate
 on Loan	

  Amount of Payment	

  Balance Outstanding	

  Notation
 Made By
	 	 	 	 	 	 	 

ADDENDUM TO SCHEDULE 3.1

TO THIRD AMENDED AND RESTATED LOAN AGREEMENT

BY AND AMONG

NATIONAL CONSUMER COOPERATIVE BANK

CERTAIN BANKS NAMED THEREIN

AND

FLEET NATIONAL BANK, AS AGENT FOR THE BANKS

FORM OF FOURTH SUBSTITUTED
SWING LINE NOTE

	Name	 	Jurisdiction of Incorporation	 	Capitalization
	

	 	

	 	

	NCB
  Funding Corporation	 	Delaware	 	Authorized Common:

  Outstanding Common:	1,000

  1,000
	NCB
  NetPlatform, Inc.	 	Delaware	 	Authorized Common:

  Outstanding Common:	10,000

  1,000
	NCB Financial
 Advisors, Inc.

  d/b/a EOS Financial Group	 	Delaware	 	Authorized Common:

  Outstanding Common:	10,000

  1,000
	Capital Avenue, Inc.	 	Delaware	 	Authorized
 Preferred:	2,000,000
	 	 	 	 	 	 
	 	 	 	 	Outstanding
 Preferred:	-0-
	 	 	 	 	 	 
	 	 	 	 	Authorized
 Common:	8,000,000
	 	 	 	 	 	 
	 	 	 	 	Outstanding Common:
	 	 	 	 	 	NCB:	610,000
	 	 	 	 	 	Haskin Deeley:	390,000Prepared by MerrillDirect

 

FIRST
AMENDMENT TO TERM LOAN AGREEMENT

 

             This
First Amendment to Term Loan Agreement (the "Amendment") is entered
into as of this _____ day of June, 2001, by and among National Consumer
Cooperative Bank (the "Company"), Greenwich Funding Corporation
("GFC"), and Credit Suisse First Boston ("CSFB"), for the
purpose of amending that certain Term Loan Agreement dated as of November 5,
1998 (the "Agreement"), to which the Company, GFC and CSFB are
parties.  Capitalized terms used and not
defined herein have the meanings stated in the Agreement.

             WHEREAS, the Company, GFC and CSFB are the parties to the
Agreement and are also among the parties to the Fleet Loan Agreement; and

             WHEREAS, the Fleet Loan Agreement has been amended by
four amendments, the latest of which, Amendment No. 4, dated as of May 23,
2001, included an amendment to the financial covenants that previously were
identical to the financial covenants contained in Sections 7.9(e) and (f) of
the Agreement; and

             WHEREAS, the parties to the Agreement desire that the
amendment to such financial covenants in the Fleet Loan Agreement also be made
to the Agreement;

             Now, Therefore, the parties hereby agree that the Agreement is
amended as provided herein and, except as so amended, the Agreement remains in
full force and effect as originally written.

             1.          Section 7.9 of the Agreement is
amended by striking subsections (e) and (f) and substituting the following:

             "(e)       With respect to the Company,
Paid-in-Capital in NCB Financial Corporation in an amount not greater than
$40,000,000.

             "(f)       With respect to the Company at all times,
Investments in Subsidiaries (other than as set forth in subsection 7.9(e) above
and excluding SPV's and secured loan to NCB Capital) in an aggregate amount
with respect to all such Subsidiaries of not greater than $20,000,000."

             IN WITNESS WHEREOF, the parties hereto, by their officers or
representatives hereunto duly authorized, have executed this Amendment as of
the day and year first above written.

	 	 	NATIONAL CONSUMER
  COOPERATIVE BANK
	 	 	 
	 	 	 
	 	 	By:
	 	 	 	 	 	

	 	 	 
	 	 	Name:  Richard L. Reed
	 	 	 
	 	 	Title:     Chief Financial Officer and Treasurer
	 	 	 
	 	 	 
	 	 	GREENWICH FUNDING
  CORPORATION
	 	 	 	 	 
	 	 	 
	 	 	By Credit Suisse
  First Boston, New York Branch,
	 	 	 
	 	 	Its attorney-in-fact
	 	 	 
	 	 	 
	 	 	BY:
	 	 	

	 	 	 
	 	 	Name:  
	 	 	 
	 	 	Title: 
	 	 	 
	 	 	By:
	 	 	

	 	 	 
	 	 	Name:  
	 	 	 
	 	 	Title: 
	 	 	 
	 	 	 
	 	 	CREDIT SUISSE FIRST
  BOSTON,
	 	 	NEW YORK BRANCH
	 	 	 
	 	 	By:
	 	 	 	 	 	

	 	 	 
	 	 	Name:
	 	 	 
	 	 	Title:
	 	 	 
	 	 	 
	 	 	By:
	 	 	 	 	

	 	 	 
	 	 	Name:  
	 	 	 
	 	 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}]]