Document:

Form of Stock Option Agmt under 2007 Nonqualified & Incentive Stock Option Plan

 Exhibit 10.30 
 PLAINS CAPITAL CORPORATION 
 EMPLOYEE INCENTIVE STOCK OPTION AGREEMENT 

Employee Incentive Stock Option Agreement hereinafter called (the “Agreement”) made this
             day of                     , 2007, between Plains Capital
Corporation, a Texas corporation, hereinafter called (the “Corporation”), and
                                         
       , an employee of the Corporation or one or more of its subsidiaries, hereinafter called (the “Employee” or “Optionee”). 
 The Corporation desires, by affording the Employee an opportunity to purchase its common shares, of the par value of $10 per share, hereinafter called
the Common Shares, as hereinafter provided, to carry out the purposes of the Incentive Stock Option Plan of Plains Capital Corporation dated
                    , hereinafter called (the “Plan”) as approved by its shareholders. 
 Now, therefore, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the parties hereto agree as
follows: 
 1. GRANT OF OPTION. The Corporation hereby irrevocably grants to the Employee the right and option, hereinafter called the
Option, to purchase all or any part of an aggregate of                      Common Shares (such number being subject to adjustments provided
in Paragraph 8 hereof) on the terms and conditions herein set forth. 
 2. PURCHASE PRICE. The purchase price of the Common Shares
covered by the Option shall be                      per share flat or ex-dividend. 
 3. EXERCISE OF OPTION, MEDIUM AND TIME OF PAYMENT. Subject to the terms and conditions of this Agreement, the Option may be exercised by written
notice to the Corporation, at its stock transfer department, which is now located at the office of the Corporation, 5010 University Avenue, Lubbock, Texas 79413. Such notice shall state the election to exercise the Option and the number of shares in
respect of which it is being exercised, and shall be signed by the person or persons so exercising the Option. Such notice shall either: (a) be accompanied by payment of the full purchase price of such shares, in which event the Corporation
shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received; or (b) fix a date (not less than five nor more than ten business days from the date such notice shall be received by
the Corporation) for the payment of the full purchase price of such shares at the stock transfer department, against delivery of a certificate or certificates representing such shares. Payment of such purchase price shall, in either case, be payable
in United States dollars, be made by cash or check payable to the order of the Corporation. The certificate or certificates for the shares as to which the Option shall have been so exercised shall be registered in the name of the person or persons
so exercising the Option and shall be delivered as provided above to or upon the written order of the person or persons exercising the Option. In the event, the Option shall be exercised, pursuant to 

 
Paragraph 8 hereof, by any person or persons other than the Employee; such notice shall be accompanied by appropriate proof of the right of such person or
persons to exercise the Option. All shares that shall be purchased upon the exercise of the Option, as provided herein, shall be fully paid and non-assessable. 
 4. TERM OF OPTION. The term of the Option shall be for a period of ten years from the date hereof, subject to earlier termination as provided in Paragraphs 5 and 6 hereof. The Option may be exercised within the
above limitation, at any time or from time to time, as to any part of or all the shares covered thereby; provided however, that; (a) the Option may not be exercised as to less than 25 shares at any one time (or the remaining shares then
purchasable under the Option, if less than 25 shares); and (b) the Option shall not be exercisable prior to the expiration of twenty-four (24) months from the date hereof. Except as provided in Paragraph 6 and 7 hereof, the Option may not
be exercised at any time unless the Employee shall have been in the continuous employ of the Corporation or of one or more of its subsidiaries, from the date hereof to the date of the exercise of the Option. The Optionee shall have no rights as a
stockholder with respect to any shares covered by the Option until the date the Corporation receives payment in full for the purchase of such shares pursuant to the effective exercise of said Option. No adjustment shall be made for dividends or
distributions or other rights for which the record date is prior to the date such payment is received by the Corporation except as provided in Paragraph 9 hereof. 
 5. TRANSFER OF OPTION. Neither the whole nor any part of this Option shall be transferable by the Employee or by operation of law during Employee’s lifetime and at Employee’s death the Option or any
part thereof shall only be transferable by Employee’s will or by the laws of descent and distribution. The Option may be exercised during the lifetime of the Employee only by the Employee. The Option, and any and all rights granted to an
Employee hereunder, to the extent not heretofore effectively exercised shall automatically terminate and expire upon any sale, transfer or hypothecation or any attempted sale, transfer or hypothecation of such Option or rights, or upon the
bankruptcy or insolvency of the Employee. 
 6. TERMINATION OF EMPLOYMENT. No Option may be exercised after the termination of the
employment of the Optionee with the Corporation except as hereinafter provided, specifically subject, however, to the provisions of paragraph 4, hereof; 
  

	 	(a)	Retirement. The Option herein granted may be exercised within three (3) months after the Retirement (as hereinafter defined) of the Employee and the Option shall be
exercisable for all the shares covered thereby. For purposes of this Agreement, “Retirement” shall mean any termination of employment with the Corporation after the attainment of age sixty-five (65) by the Optionee.

  

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	 	(b)	Disability. Any Option granted under this Agreement may be exercised within three (3) months after the termination of the employment of the Optionee by reason of the
Disability (as hereinafter defined) of the Optionee and the Option shall be exercisable for all of the shares covered hereby. For purposes of this Agreement, an Optionee shall be deemed to have incurred a “Disability” if a disinterested
duly licensed medical doctor appointed by the Corporation determines that the Optionee is totally and permanently prevented as a result of a physical or a mental infirmity, injury, or disease, either occupational or nonoccupational in cause, from
holding the job or position with the Corporation or engaging in the employment activity, or a comparable job or employment activity with the Corporation, which the Optionee held or customarily engaged in prior to the occurrence of the disability
(provided, however, that disability hereunder shall not include any disability incurred or resulting from the Optionee having engaged in a criminal act or enterprise or any disability consisting of or resulting from the Optionee’s chronic
alcoholism, addiction to narcotics or an intentionally self-inflicted injury). 

  

	 	(c)	Involuntary Termination of Employment. The Option granted under this Agreement shall automatically terminate after the involuntary termination of employment (as hereinafter
defined) of the Optionee with the Corporation. For purposes of this Agreement, “Involuntary Termination of Employment” shall mean any termination of the Optionee’s employment with the Corporation by reason of being discharged, firing
or other involuntary termination of an Optionee’s employment by action of the Corporation. 

  

	 	(d)	Voluntary Termination of Employment. The Option granted under this Agreement shall automatically terminate after the voluntary termination of employment (as hereinafter
defined) of the Optionee with the Corporation. For purposes of this Agreement, “Voluntary Termination of Employment” shall mean any voluntary termination of employment with the Corporation by reason of the Optionee quitting or otherwise
voluntary leaving the Corporation employ other than a voluntary termination of employment by reason of retirement. 

  

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 The granting of the Option pursuant to this Agreement shall not be deemed to constitute a Contract of
Employment between the Corporation and the Employee or to be a condition of the employment of any person. Nothing herein contained shall be deemed to (a) give to the Employee the right to be retained in the employ of the Corporation;
(b) interfere with the right of the Corporation to discharge or retire the Employee at any time; (c) be deemed to give to the Corporation the right to require the Employee to remain in its employ; or (d) interfere with the
Employee’s right to terminate its employment at any time. 
 7. DEATH OF EMPLOYEE. Subject to the provisions of paragraph 4, if
the Employee shall die while employed by the Corporation or within three (3) months after termination of employment with the Corporation by reason of Retirement or Disability, the Option granted under this Agreement to such deceased Employee
shall be exercisable within six (6) months after the date of Employee’s death and the Option shall be exercisable for all of the shares covered thereby. The legal representative, if any, of the deceased Employee’s estate, otherwise
the appropriate legatees or distributees of the deceased Employee’s estate, may exercise the Option on behalf of such deceased Employee. 
 8. CHANGE IN CAPITAL STRUCTURE. If all or any portion of the Option shall be exercised subsequent to any stock dividend declared upon the common stock or if the common stock shall thereafter be subdivided, consolidated, or changed
into other securities of Plains Capital Corporation or a successor Corporation to Plains Capital Corporation, then in each such event, shares of common stock which would be delivered pursuant to the exercise of this Option shall, for purposes of
adjusting the number and kind thereof be treated as though outstanding immediately prior to the occurrence of such event and the purchase price to be paid thereof shall be appropriately adjusted to give effect thereto, provided however, that no
fractional shares shall be issued upon any such exercise, and the aggregate price paid shall be reduced on account of any fractional share not issued. No adjustments shall be made in the minimum number of shares, which may be purchased at any one
time, as fixed by paragraph 4 hereof. The grant of this Option shall not effect, in any way, the right or power of the Corporation to make adjustments, re-classifications, reorganizations or changes of its capital or business structure or to merge
or to consolidate or to dissolve, liquidate or sell, or transfer all or any part of its business or assets. In the case of merger, consolidation, dissolution or liquidation of the Corporation, the Corporation may accelerate the expiration date of
any Option for any or all of the shares covered hereby (but still giving Optionees a reasonable period of time to exercise any outstanding Options prior to the accelerated expiration date) and may in the case of merger, consolidation, dissolution or
liquidation of the Corporation, or any other case in which it feels it is in the Corporation’s best interest, accelerate the date or dates on which any Option or any part of any Option shall be exercisable for any or all of the shares covered
hereby. 
 9. LIMITATION ON OPTION. Notwithstanding the provisions of this Agreement no Option may be granted to an Optionee if the
value of shares of the Corporation stock that can be exercised for the first time by the Optionee in any one (1) year exceeds $100,000.00, based on the Option price contained herein. 
  

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 10. GENERAL. The Corporation shall at all times during the term of the Option reserve and keep
available such number of Common Shares as will be sufficient to satisfy the requirements of this Agreement, shall pay all original issue and transfer taxes with respect to the issue and transfer of shares pursuant hereto and all other fees and
expenses necessarily incurred by the Corporation in connection therewith, and will from time to time use its best efforts to comply with all laws and regulations which, in the opinion of counsel for the Corporation, shall be applicable thereto.

 11. INCORPORATION OF PLAN BY REFERENCE. This Option is granted pursuant to the terms of the Plan, the terms of which are
incorporated herein by reference, and the Option in all respects shall be interpreted in accordance with the Plan. The Plan Committee shall interpret and construe the Plan and this instrument, and its interpretations and determinations shall be
conclusive and binding on the parties hereto and any other person claiming an interest hereunder, with respect to any issue arising hereunder or thereunder. 
 12. SUBSIDIARY DEFINED. As used herein, the term “subsidiary” shall mean any present or future corporation which would be a “subsidiary corporation” of the Corporation, as that term is
defined in Section 424 (f) of the Internal Revenue Code of 1986, as amended. 
 13. GOVERNING LAW. The validity,
construction, interpretation and effect of this Agreement shall exclusively be governed by and determined in accordance with the law of the State of Texas, except to the extent preempted by federal law, which shall to the extent govern. 

(Signature page for Employee Incentive Stock Option Agreement follows) 
  

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 (Signature Page for Employee Incentive Stock Option Agreement) 
 IN WITNESS WHEREOF the Corporation has caused its duly authorized officers to execute and attest this Grant of Incentive Stock Option, and to apply the corporate seal
hereto, and the Employee has placed his or her signature hereon effective on the day and year first above written. 
  

									
	ACCEPTED AND AGREED TO:	 		 	  

		 		 	ATTEST:
				
	By:	 	  
	 		 	  

		 	                                       
                             , Employee	 		 	                                       
                                     ,
Secretary
					
		 		 		 	By: 	 	 
		 		 		 	Its:	 	 

  

 -6-Amended & Restated Subordinate Credit Agreement, dated December 19, 2007

 Exhibit 10.31 
 AMENDED AND RESTATED SUBORDINATE CREDIT AGREEMENT 
 dated December 19, 2007 
 by and between 
 JP MORGAN CHASE
BANK, N.A. (“Lender”) 
 and 
 PLAINS CAPITAL CORPORATION (“Borrower”) 

					
	 ARTICLE 1 —     DEFINITIONS AND USE OF TERMS
	  	1
			
	 Section 1.1
	  	Terms Defined Above	  	1
			
	 Section 1.2
	  	Certain Definitions	  	1
		
	 ARTICLE 2 —     THE LOAN
	  	3
			
	 Section 2.1
	  	Commitment to Lend	  	3
			
	 Section 2.2
	  	The Note	  	3
			
	 Section 2.3
	  	Conditions to Closing and Funding	  	3
			
	 Section 2.4
	  	Use of Proceeds	  	3
			
	 Section 2.5
	  	Conditions Precedent for the Benefit of Lender	  	3
		
	 ARTICLE 3 —     REPRESENTATIONS AND WARRANTIES OF BORROWER
	  	4
			
	 Section 3.1
	  	Financial Statements	  	4
			
	 Section 3.2
	  	Suits, Actions, Etc.	  	4
			
	 Section 3.3
	  	Status of Borrower; Valid and Binding Obligation	  	4
			
	 Section 3.4
	  	Disclosure	  	4
			
	 Section 3.5
	  	Taxes	  	4
			
	 Section 3.6
	  	Violations	  	4
			
	 Section 3.7
	  	Not a Foreign Person	  	4
			
	 Section 3.8
	  	Approvals	  	5
			
	 Section 3.9
	  	Contracts	  	5
			
	 Section 3.10
	  	Inducement to Lender	  	5
		
	 ARTICLE 4 —     COVENANTS AND AGREEMENTS OF BORROWER
	  	5
			
	 Section 4.1
	  	Compliance with Governmental Requirements	  	5
			
	 Section 4.2
	  	Insurance	  	5
			
	 Section 4.3
	  	Notice to Lender	  	5
			
	 Section 4.4
	  	Costs and Expenses	  	5
			
	 Section 4.5
	  	Further Assurances	  	6
			
	 Section 4.6
	  	Defense of Actions	  	6
			
	 Section 4.7
	  	Current Financial Statements	  	6
			
	 Section 4.8
	  	Loan Participation	  	7
			
	 Section 4.9
	  	Indemnification	  	7
			
	 Section 4.10
	  	Tier II Capital; Subordination	  	8
			
	 Section 4.11
	  	Trust Preferred Obligations	  	8
		
	 ARTICLE 5 —     DEFAULT AND REMEDIES
	  	8
			
	 Section 5.1
	  	Events of Default	  	8
			
	 Section 5.2
	  	Certain Remedies	  	9

  

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	 Section 5.3
	  	Performance by Lender on Borrower’s Behalf	  	9
			
	 Section 5.4
	  	Remedies Cumulative	  	10
		
	 ARTICLE 6 —     GENERAL TERMS AND CONDITIONS
	  	10
			
	 Section 6.1
	  	Notices	  	10
			
	 Section 6.2
	  	Modifications	  	10
			
	 Section 6.3
	  	Severability	  	10
			
	 Section 6.4
	  	Election of Remedies	  	10
			
	 Section 6.5
	  	Form and Substance	  	10
			
	 Section 6.6
	  	Controlling Agreement	  	10
			
	 Section 6.7
	  	No Third Party Beneficiary	  	11
			
	 Section 6.8
	  	Borrower in Control	  	11
			
	 Section 6.9
	  	Number and Gender	  	11
			
	 Section 6.10
	  	Captions	  	11
			
	 Section 6.11
	  	Applicable Law	  	11
			
	 Section 6.12
	  	Relationship of the Parties	  	11
			
	 Section 6.13
	  	WAIVER OF JURY TRIAL	  	12
			
	 Section 6.14
	  	Consent to Jurisdiction	  	12
			
	 Section 6.15
	  	Negotiation	  	12
			
	 Section 6.16
	  	Conflicting Terms	  	12
			
	 Section 6.17
	  	Entire Agreement	  	12
			
	 Exhibits
	  		  	
		
	 Exhibit “A”     -     Conditions to Closing and Funding
	  	

  

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 AMENDED AND RESTATED SUBORDINATE CREDIT AGREEMENT 
 This AMENDED AND RESTATED SUBORDINATE CREDIT AGREEMENT, dated December 19, 2007, is made by and between JP MORGAN CHASE BANK, NA, a
national banking association (“Lender”), and PLAINS CAPITAL CORPORATION, a Texas corporation (“Borrower”), in respect of a credit facility in the maximum principal amount of Twenty Million and No/100
Dollars ($20,000,000.00). This Agreement is an amendment and restatement in its entirety of that certain Subordinate Credit Agreement, dated October 27, 2004, by and between Borrower and Lender. For good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, the parties agree as follows: 
 ARTICLE 1 — DEFINITIONS AND USE OF
TERMS 
 Section 1.1 Terms Defined Above. As used in this Agreement, the terms “Lender” and
“Borrower” shall have the meanings respectively indicated in the opening recital hereof. 
 Section 1.2 Certain
Definitions. As used in this Agreement, the following terms shall have the following meanings, unless the context otherwise requires. 
 “Advance” means a disbursement by Lender of any proceeds of the Loan in increments of not less than $1,000,000.00. 
 “Advance Period” means the period commencing on the date of this Agreement and continuing until the date occurring on the twelve (12) month anniversary thereof. 
 “Agreement” means this Loan Agreement, as from time to time amended or supplemented. 
 “Bank” or “PCB” means PlainsCapital Bank, a Texas state bank, whose principal place of business is 5010 University,
Lubbock, Texas 79413. 
 “Banking Subsidiary” means any bank (whether state or national) more than fifty percent
(50%) of whose capital stock now or hereafter is owned directly or indirectly by Borrower or any Banking Subsidiary or may be voted by Borrower or any Banking Subsidiary. At the date of this Agreement, the only Banking Subsidiary of Borrower is
Bank. 
 “Business Day” means a day other than a Saturday, Sunday or other day on which national banks in Fort Worth, Texas,
are authorized or required to be closed. 
 “Debtor Relief Laws” means any applicable liquidation, conservatorship,
bankruptcy, moratorium, rearrangement, insolvency, reorganization, or similar laws, domestic or foreign, including but not limited to those in Title 11 of the United States Code, affecting the rights or remedies of creditors generally, as in effect
from time to time. 
 “Event of Default” shall have the meaning specified in Section 5.1. 
 “Financial Statements” means such balance sheets (including disclosure of all contingent liabilities), profit and loss statements,
schedules of sources and uses of funds, statements of cash flow and shareholder equity, pro forma schedules of sources and uses of funds for ensuing twelve-month periods, and other financial information of Borrower as shall be required by Lender,
from time to time, or as required under any Loan Document, which statements shall be certified as true and correct in all material respects by the party submitting such statements or, if required by Lender or under any Loan Document, such statements
of Borrower shall be audited and/or certified by an independent certified public accountant. 
  

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 “Governmental Authority” means the United States, the state, the county, the city, or
any other political subdivision in which Borrower is located, and any court or political subdivision, agency, or instrumentality having or exercising jurisdiction over Borrower. 
 “Governmental Requirements” means all material laws, ordinances, codes, rules, regulations, orders, writs, injunctions or decrees of any
Governmental Authority applicable to Borrower. 
 “Indebtedness” means any and all obligations and liabilities of Borrower
to Lender for borrowed money, whether now existing or hereafter arising, direct or indirect, joint or several, secured or unsecured. 
 “Indemnified Matters” means: 
 (a) any and all claims, demands, liabilities (including strict
liability), losses, damages (including consequential damages), causes of action, judgments, penalties, fines, costs and expenses (including without limitation, reasonable fees and expenses of attorneys and other professional consultants and experts,
and of the investigation and defense of any claim, whether or not such claim is ultimately defeated, and the settlement of any claim or judgment including all value paid or given in settlement) of every kind, known or unknown, foreseeable or
unforeseeable, which may be imposed upon, asserted against or incurred or paid by Lender or any other Indemnified Party at any time and from time to time, whenever imposed, asserted or incurred, because of, resulting from, in connection with, or
arising out of any transaction, act, omission, event or circumstance in any way connected with this Agreement or any other Loan Document, including, without limitation, (1) disbursement of the Loan proceeds, (2) any act performed or
omitted to be performed hereunder or under any other Loan Document, and (3) any Default or event which with the lapse of time, the providing of notice or both would constitute a Default. 
 “Indemnified Party” has the meaning set forth in Section 4.10. 
 “Loan” means the loan by Lender to Borrower in the maximum principal amount of $20,000,000.00. 
 “Loan Documents” means this Agreement, the Note and such other documents evidencing or pertaining to the Loan as shall, from time to
time, be executed and delivered to Lender by Borrower or any other party pursuant to this Agreement. 
 “Maturity Date”
means the date on which the Note matures, whether by acceleration, lapse of time or otherwise; provided, that such date shall be October 27, 2013, unless earlier accelerated as permitted herein or in any other Loan Document. 

“Note” means the Second Amended and Restated Subordinate Promissory Note of even date herewith made by Borrower payable to the order
of Lender in the maximum principal amount of and evidencing the Loan, and all renewals, amendments and replacements thereof. 
 “Obligations” means the outstanding principal amounts of the Note and interest accrued thereon, and any and all other indebtedness, liabilities and obligations whatsoever of Borrower to Lender hereunder or under the Note,
or otherwise, whether direct or indirect, absolute or contingent, due or to become due, and whether now existing or hereafter arising, and howsoever evidenced 

  

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or acquired, whether joint or several, and whether evidenced by note, draft, acceptance, guaranty, open account, letter of credit, surety agreement or
otherwise, it being contemplated by the parties hereto that Borrower may become indebted to Lender in further sum or sums, plus interest accruing on any foregoing and all attorney fees and costs incurred in the enforcement of any of the foregoing;
but nothing herein shall obligate Lender to lend any further sum or sums to Borrower. 
 “Person” means any individual,
firm, corporation, association, partnership, joint venture, trust, governmental body or other entity. 
 ARTICLE 2 — THE LOAN

 Section 2.1 Commitment to Lend. Subject to and upon the terms, covenants and conditions of this Agreement, Lender will make the
Loan to Borrower in accordance with this Agreement in an aggregate amount not to exceed the principal face amount of the Note. During the Advance Period, the Loan shall be revolving and, any amount borrowed and repaid may be reborrowed. After the
Advance Period, the Loan shall no longer be revolving; an amount repaid on or after the twelve (12) month anniversary of this Agreement may not be reborrowed. 
 Section 2.2 The Note. The Loan is and shall be evidenced by the Note. Interest on the Loan, at the rate or rates specified in the Note, shall be (a) computed on the unpaid principal balance which exists
from time to time, and (b) due and payable quarterly as it accrues as more particularly set forth in the Note. The aggregate outstanding principal under the Note, plus all accrued but unpaid interest, shall be due and payable in full on the
Maturity Date. 
 Section 2.3 Conditions to Closing and Funding. The Loan shall be funded in one or more Advances during the Advance
Period. As conditions precedent to closing as well as to each Advance: (a) there shall then exist no default nor shall there have occurred any event which with the giving of notice or the lapse of time, or both, could become a default;
(b) the representations and warranties made in the Loan Documents shall be true and correct on and as of the date of each Advance, with the same effect as if made on that date; (c) Borrower must have satisfied the conditions required
hereby and execute and deliver to, or procure for, Lender, the documents, certificates, agreements and other items listed in Exhibit “A” that are noted by “(X)”, together with such other documents, certificates, agreements
and other items as Lender may reasonably require; and (d) Lender shall have received a written request for the applicable Advance in writing in form and substance satisfactory to Lender in all respects. 
 Section 2.4 Use of Proceeds. The proceeds of the Loan shall be used for the general corporate purposes of Borrower. 
 Section 2.5 Conditions Precedent for the Benefit of Lender. All conditions precedent to the obligation of Lender to make the Loan are imposed
hereby solely for the benefit of Lender, and no other party may require satisfaction of any such condition precedent or be entitled to assume that Lender will refuse to make the Loan in the absence of strict compliance with such conditions
precedent. All requirements of this Loan Agreement may be waived by Lender only in writing, in whole or in part, at any time. 
  

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 ARTICLE 3 — REPRESENTATIONS AND WARRANTIES OF BORROWER 
 To induce Lender to make the Loan, Borrower hereby represents and warrants to Lender (which representations and warranties will survive the execution and
delivery of the Note) that: 
 Section 3.1 Financial Statements. The Financial Statements provided by Borrower to Lender for the
periods ended September 30, 2007 are true, correct, and complete in all material respects as of the dates specified therein and fully and accurately present the financial condition of Borrower as of the dates specified. No material adverse
change has occurred in the condition, financial or otherwise, of Borrower since the dates of such Financial Statements. Borrower is solvent after giving effect to all borrowings contemplated in this Agreement. 
 Section 3.2 Suits, Actions, Etc. Except as disclosed in writing to Lender prior to the date of this Agreement, there are no actions, suits,
investigations or proceedings pending, or, to the knowledge of Borrower, threatened in any court or before or by any Governmental Authority against or affecting Borrower, which if adversely determined would have a material adverse effect on Borrower
or its ability to pay the Indebtedness or involving the validity, enforceability, or priority of any of the Loan Documents, at law or in equity. The consummation of the transactions contemplated hereby, and the performance of the terms and
conditions hereof and of the other Loan Documents, will not cause Borrower to be in violation of or in default with respect to any Governmental Requirement, or result in a breach of, or constitute a default under any note, lease, contract, deed of
trust, agreement or other undertaking or restriction to which Borrower is a party or by which Borrower may be bound or affected. Borrower is not in default under the terms of any order of any court or any requirement of any Governmental Authority or
under the terms of any indebtedness or obligation. 
 Section 3.3 Status of Borrower; Valid and Binding Obligation. Borrower is
(a) a corporation, duly organized, validly existing and in good standing under the laws of the state of its organization and (b) possessed of all power and authority necessary to enter into and perform Borrower’s obligations under the
Loan Documents and to make the borrowing contemplated hereby. All of the Loan Documents, and all other documents referred to herein to which Borrower is a party, upon execution and delivery will constitute legal, valid and binding obligations of
Borrower enforceable against Borrower in accordance with their terms, except as the enforcement thereof may be limited by Debtor Relief Laws. 
 Section 3.4 Disclosure. There is no fact known to Borrower that Borrower has not disclosed to Lender in writing or otherwise disclosed in the Financial Statements that is reasonably expected to materially adversely affect the
business or financial condition of Borrower, not including facts or conditions generally affecting the economy or the financial services industry generally. 
 Section 3.5 Taxes. Borrower has filed all necessary tax returns and reports and has paid all taxes and governmental charges thereby shown to be owing except any such taxes or charges that are being contested in
good faith by appropriate proceedings which have been disclosed to Lender in writing prior to the date of this Agreement and for which adequate reserves have been set aside on Borrower’s books in accordance with generally accepted accounting
principles. 
 Section 3.6 Violations. Borrower has no knowledge of and has received no notices of any violations of any Governmental
Requirement that would have a material adverse effect on the business of Borrower. 
 Section 3.7 Not a Foreign Person. Borrower is
not a “foreign person” within the meaning of the Internal Revenue Code of 1986, as amended (“IRC”), Sections 1445 and 7701 (i.e. Borrower is not a non-resident alien, foreign corporation, foreign partnership,
foreign trust or foreign estate as those terms are defined in the IRC and any regulations promulgated thereunder). 
  

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 Section 3.8 Approvals. No authorization, approval or consent of, and no filing or registration
with, any court, Governmental Authority, or third party is or will be necessary for the execution, delivery, or performance by Borrower of this Agreement and the other Loan Documents to which Borrower is or may become a party or the validity or
enforceability thereof. 
 Section 3.9 Contracts. To the best of Borrower’s knowledge, Borrower is not a party to, or bound by,
any agreement, condition, contract, or arrangement which is reasonably expected in the future to have a material adverse effect on the business, operations or financial condition of Borrower. 
 Section 3.10 Inducement to Lender. The representations and warranties contained in the Loan Documents are made by Borrower as an inducement to
Lender to make the Loan. Borrower understands that Lender is relying on such representations and warranties and that such representations and warranties shall survive any bankruptcy proceedings involving Borrower. 
 ARTICLE 4 — COVENANTS AND AGREEMENTS OF BORROWER 
 While any part of the Obligations remains unpaid and unless otherwise waived in writing by Lender, Borrower hereby covenants and agrees as follows: 
 Section 4.1 Compliance with Governmental Requirements. Borrower shall timely comply with all Governmental Requirements and, upon Lender’s
request, promptly deliver to Lender evidence thereof. Immediately upon Borrower’s receipt of any notice from a Governmental Authority of noncompliance with any Governmental Requirements which could reasonably be expected to have a material
adverse effect on Borrower, Borrower shall provide Lender with written notice thereof unless prohibited by such notice or by applicable law. 
 Section 4.2 Insurance. Borrower shall maintain or cause to be maintained in force insurance coverage reasonable in coverage and scope for Borrower’s activities or as otherwise required by Lender and shall furnish to Lender upon
request at reasonable intervals a certificate or certificates from the respective insurer(s) setting forth the nature and extent of all insurance maintained by Borrower in accordance with the Loan Documents. 
 Section 4.3 Notice to Lender. Borrower shall promptly notify Lender in writing of any of the following occurrences or events as the same become
known to Borrower, specifying in each case the action Borrower has taken or caused to be taken, or proposes to take or cause to be taken, with respect thereto: (a) the occurrence of any Event of Default or any event which with the giving of
notice or the lapse of time, or both, could become a material Event of Default; (b) any default by Borrower under any Governmental Requirement which would likely have a material adverse effect on the business of Borrower; (c) any material
adverse change in the condition, financial or otherwise, of Borrower; (d) the occurrence of any material litigation, arbitration or governmental investigation or proceeding not previously disclosed by Borrower to Lender which has been
instituted or (to the knowledge of Borrower) is threatened against Borrower; and (e) any notice received by Borrower with respect to the cancellation, material adverse alteration or non-renewal of any insurance coverage maintained or required
to be maintained by Borrower. 
 Section 4.4 Costs and Expenses. Borrower shall pay when due all costs and expenses required by this
Agreement, including, without limitation, (a) all reasonable fees and expenses of counsel to Lender in connection with the negotiation, preparation, amendment, enforcement or defense of the Loan Documents or the making of any Advance;
(b) all premiums for insurance; and (c) all other reasonable costs and expenses payable to third parties incurred by Lender in connection with the investigation, consummation, enforcement or defense of the transactions contemplated by this
Agreement. 
  

 Page 5 

 Section 4.5 Further Assurances. Borrower shall execute and deliver to Lender, from time to time as
requested by Lender, such other documents, agreements, certificates, affidavits, and other instruments as shall be reasonably necessary to provide the rights and remedies to Lender granted or provided for by the Loan Documents. 
 Section 4.6 Defense of Actions. Lender may (but shall not be obligated to) commence, appear in, or defend any action or proceeding purporting to
affect the Loan or the respective rights and obligations of Lender and Borrower pursuant to this Agreement. Lender may (but shall not be obligated to) pay all necessary expenses, including reasonable attorneys’ fees and expenses incurred in
connection with such proceedings or actions, which Borrower agrees to repay to Lender on demand. 
 Section 4.7 Current Financial
Statements. Without limitation of any requirements of the Loan Documents, Borrower shall deliver to Lender: 
 (a)
Quarterly Reports. As soon as available, but no more than forty-five (45) days after the end of each calendar quarter and with regard to such calendar quarter, copies of: 
 (1) all Federal Financial Institutions Examination Council (the “FFIEC”) Consolidated Reports of Condition and Income
(commonly known as Call Reports) furnished by any Banking Subsidiary to the appropriate regulatory authorities; 
 (2) each
Banking Subsidiary’s report of risk-based capital adequacy, as submitted to such Banking Subsidiary’s Board of Directors; and 
 (3) a summary report of the totals, by category, of all assets of each Banking Subsidiary that are classified, in whole or in part, as “Other Assets Especially Mentioned”, “Substandard”,
“Doubtful”, and “Loss,” and a listing of Other Real Estate and Foreclosed Assets; and upon the request of Lender, a detailed listing of such assets. 
 (b) Financial Reports. As soon as practicable and in any event within forty-five (45) days after the last day of each calendar
quarter, the balance sheet of Borrower, each Banking Subsidiary and of each other significant subsidiary or affiliate of Borrower as at such date, and the related statements of income and retained earnings for the elapsed portion of the fiscal year
of Borrower, each Banking Subsidiary and of each other significant subsidiary or affiliate of, as the case may be, ended with the last day of such calendar quarter, all in reasonable detail, prepared in conformity with generally accepted accounting
principles (subject to routine audit and normal year-end adjustments), and certified by the president or principal financial officer of Borrower, each Banking Subsidiary and of each other significant subsidiary or affiliate of Borrower, as the case
may be. 
 (c) FRY-9 Reports. As soon as available, but no more than forty-five (45) days after each June 30
and each December 31 of each calendar year, the Parent Company Only Financial Statements for Bank Holding Companies (FRY-9LP) report for Borrower, as submitted to the Federal Reserve Bank of Dallas, prepared on an unconsolidated basis (Borrower
only), and as soon as available, but no more than forty-five (45) days after the end of each calendar quarter, the Consolidated Financial Statements for Bank Holding Companies (FRY-9C) report for Borrower, as submitted to the Federal Reserve
Bank of Dallas, prepared on a consolidated basis. 
  

 Page 6 

 (d) Annual Audit of Borrower. As soon as available, but no more than one hundred
twenty (120) days after the end of each fiscal year: (i) copies of audited balance sheets, statements of income and retained earnings and statement of cash flows of Borrower, setting forth on a consolidated basis, in comparative form,
figures for the previous calendar year, all in reasonable detail; (ii) an opinion by an independent certified public accountant selected by Borrower and acceptable to Lender, which opinion shall state that said financial statements have been
prepared in accordance with GAAP and that such accountant’s audit of such financial statements has been made in accordance with generally accepted auditing standards and that said financial statements present fairly the financial condition of
Borrower and the results of its operations; and (iii) any management letter submitted to Borrower by such independent certified public accountant. 
 (e) from time to time, as Lender may reasonably request, additional Financial Statements of Borrower. 
 Section 4.8 Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan to one or more participants. Borrower authorizes Lender to disseminate any information
it has pertaining to the Loan, including, without limitation, credit information on Borrower or any of its principals, to any such participant or prospective participant. 
 Section 4.9 Indemnification. BORROWER SHALL INDEMNIFY AND HOLD HARMLESS (A) LENDER, (B) ANY AFFILIATE OF LENDER, (C) ANY PARTICIPANTS IN THE LOAN, (D) THE DIRECTORS, OFFICERS, PARTNERS,
EMPLOYEES AND AGENTS OF LENDER AND/OR SUCH PERSONS OR ENTITIES, AND (E) THE HEIRS, PERSONAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS OF EACH OF THE FOREGOING PERSONS OR ENTITIES IN THEIR CAPACITIES AS SUCH (EACH AN “INDEMNIFIED
PARTY”) FROM AND AGAINST, AND REIMBURSE THEM ON DEMAND FOR, ANY AND ALL INDEMNIFIED MATTERS. WITHOUT LIMITATION, THE FOREGOING INDEMNITIES SHALL APPLY TO EACH INDEMNIFIED PARTY WITH RESPECT TO MATTERS WHICH IN WHOLE OR IN PART ARE CAUSED BY
OR ARISE OUT OF THE NEGLIGENCE OF SUCH (AND/OR ANY OTHER) INDEMNIFIED PARTY, IT BEING THE INTENT OF THE PARTIES THAT THE NEGLIGENCE OF SUCH PARTIES BE EXPRESSLY COVERED HEREBY. However, such indemnities shall not apply to a particular Indemnified
Party to the extent that the subject of the indemnification is caused by or arises out of the gross negligence or willful misconduct of that Indemnified Party. Any amount to be paid under this Section by Borrower to an Indemnified Party shall be a
demand obligation owing by Borrower (which Borrower hereby promises to pay) to Lender, as part of the Indebtedness, even if in excess of the amount committed by Lender under Section 2.1, and secured by the Loan Documents. Nothing in this
Section, elsewhere in this Agreement or in any other Loan Document shall limit or impair any rights or remedies of Lender, or any other Indemnified Party (including without limitation any rights of contribution or indemnification), against Borrower
or any other person under any other provision of this Agreement, any other Loan Document, any other agreement or any applicable Governmental Requirement. The liability of Borrower or any other person under this indemnity shall not be limited or
impaired in any way by (i) the release, foreclosure or other termination of the Security Agreement and shall survive the payment in full of the Indebtedness, any bankruptcy or other debtor relief proceeding, or any other event whatsoever, and
(ii) any provision in the Loan Documents or applicable law limiting Borrower’s or such other person’s liability or Lender’s recourse or rights to a deficiency judgment, or by any change, extension, release, inaccuracy, breach or
failure to perform by any party under the Loan Documents, Borrower’s (and, if applicable, such other person’s) liability hereunder being direct and primary and not as a guarantor or surety. 
  

 Page 7 

 Section 4.10 Tier II Capital; Subordination. Borrower covenants and agrees that it will account
for the proceeds of the Loan on its Financial Statements as a portion of its “Tier II Capital” in accordance with Governmental Requirements. In furtherance thereof, Borrower and Lender agree that the Loan and the obligations of Borrower
under the Loan Documents are and shall be subordinate and junior in right of payment to all other senior indebtedness of Borrower to the extent necessary, but only to such extent, in accordance with applicable Governmental Requirements for the
proceeds of the Loan to be deemed to be a portion of Borrower’s “Tier II Capital.” If at any time in the future the Loan is not treated, or no longer qualifies for treatment, as a portion of Borrower’s “Tier II
Capital,” then (i) the Loan shall no longer be subordinate or junior in right of payment, and (ii) Borrower shall commence making quarterly principal payments on the Loan, in addition to the required interest payments, in equal
amounts that would be sufficient to fully amortize the Loan over the remainder of the term. 
 Section 4.11 Trust Preferred
Obligations. Borrower shall not permit any of its “Trust Preferred Obligations” to be prepaid until the Loan and all other amounts owed to Lender under the Loan Documents have been paid in full with no further obligation to lend
hereunder. 
 ARTICLE 5 — DEFAULT AND REMEDIES 
 Section 5.1 Events of Default. The occurrence of any one of the following shall be a default under this Agreement (“Default”):

 (a) Failure to Pay Indebtedness. Any of the Indebtedness is not paid within the greater of: (i) ten
(10) days after the same shall be due, whether by acceleration or otherwise, or (ii) if longer, any applicable grace period provided with respect to such Indebtedness; 
 (b) Nonperformance of Covenants herein set forth. Any covenant, agreement or condition herein is not fully and timely performed,
observed or kept, and except with respect to covenants to pay any of the Indebtedness and those covenants, agreements and conditions set forth in Section 4.7, such failure is not cured within twenty (20) days following written
notice of such failure from Lender to Borrower; 
 (c) Nonperformance of Covenants set forth in any other Loan
Document. Any covenant, agreement or condition in any other Loan Document is not fully and timely performed, observed or kept, and except with respect to covenants to pay any of the Indebtedness, such failure is not cured within the applicable
grace or cure period (if any) provided for in such other Loan Document; 
 (d) Representations. Any statement,
representation or warranty in any of the Loan Documents, or in any financial statement or any other writing heretofore or hereafter delivered to Lender in connection with the Indebtedness is false, fraudulent, misleading or erroneous in any material
respect on the date or on the date as of which such statement, representation or warranty is made; 
 (e) Bankruptcy or
Insolvency. The Borrower or any person obligated to pay any part of the Indebtedness (any such Person herein referred to as an “Obligor”): (i) becomes insolvent, or makes a transfer in fraud of creditors, or makes an
assignment for the benefit of creditors, or admits in writing its inability to pay its debts as they become due; (ii) generally is not paying its debts as such debts become due; (iii) has a receiver, trustee or custodian appointed for, or
take possession of, (a) all or substantially all of the assets of the Borrower or any Obligor, or (b) any of the Collateral, either in a proceeding brought by such party or in a proceeding brought against such party and such appointment is
not discharged or such possession is not terminated within 

  

 Page 8 

 
sixty (60) days after the effective date thereof or such party consents to or acquiesces in such appointment or possession; (iv) files a petition
for relief under the United States Secured Bankruptcy Code or any other present or future federal or state insolvency, bankruptcy or similar laws (all of the foregoing hereinafter collectively called “Applicable Secured Bankruptcy
Law”) or an involuntary petition for relief is filed against such party under any Applicable Secured Bankruptcy Law and such involuntary petition is not dismissed within sixty (60) days after the filing thereof, or an order for relief
naming such party is entered under any Applicable Secured Bankruptcy Law, or any composition, rearrangement, extension, reorganization or other relief of debtors now or hereafter existing is requested or consented to by such party; (v) fails to
have discharged within a period of sixty (60) days any attachment, sequestration or similar writ levied upon any material property of such party (other than in the ordinary course of business of Borrower or any Obligor); or (vi) fails to
pay within thirty (30) days any final money judgment against such party; 
 (f) Liquidation, Etc. The liquidation,
termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person
obligated to pay any part of the Indebtedness; and 
 (g) Other Loan Documents. A default or event of default occurs
under any Loan Document, other than this Agreement, and the same is not remedied within the applicable period of grace (if any) provided in such Loan Document. 
 Section 5.2 Certain Remedies. Should an Event of Default occur, Lender may, at its election, do any one or more of the following without notice (unless notice is required by applicable statute): 
 (a) If the Event of Default occurring is one described in paragraph (e) of Section 5.1, but only by virtue of such an
occurrence with respect to Borrower, all of the Indebtedness shall thereupon be immediately due and payable, without presentment, demand, protest, notice of protest, declaration or notice of acceleration or intention to accelerate, or any other
notice or declaration or act of any kind, all of which are hereby expressly waived by Borrower; 
 (b) Reduce any claim to
judgment; and 
 (c) Exercise any and all rights and remedies afforded by any of the Loan Documents, or by law or equity or
otherwise, as Lender shall deem appropriate. 
 Section 5.3 Performance by Lender on Borrower’s Behalf. Borrower agrees that, if
Borrower fails to perform any act or to take any action which under any Loan Document Borrower is required to perform or take, or to pay any money which under any Loan Document Borrower is required to pay, and there exists a default or potential
default hereunder or thereunder, Lender, in Borrower’s name or its own name, may, but shall not be obligated to, perform or cause to be performed such act or take such action or pay such money, and any expenses so incurred by Lender and any
money so paid by Lender, shall be a demand obligation owing by Borrower to Lender (which obligation Borrower hereby promises to pay) and Lender, upon making such payment, shall be subrogated to all of the rights of the person, entity or body politic
receiving such payment. No such payment or performance by Lender shall waive or cure any default or waive any right, remedy or recourse of Lender. Any such payment may be made by Lender in reliance on any statement, invoice or claim without inquiry
into the validity or accuracy thereof. Each amount due and owing by Borrower to Lender pursuant to this Section shall bear interest each day, from the date of such expenditure or payment until paid, at the same rate as is provided in the Note for
interest on past due principal owed on the Note; and all such amounts, together with such interest thereon, shall be a part of the Indebtedness. The amount and nature of any such expense and the time when paid shall be fully established by the
certificate of Lender or any of Lender’s officers or agents. 
  

 Page 9 

 Section 5.4 Remedies Cumulative. All remedies provided for herein and in any other Loan Document
are cumulative of each other and of any and all other remedies existing at law or in equity, and Lender shall, in addition to the remedies provided herein or in any other Loan Document, be entitled to avail itself of all such other remedies as may
now or hereafter exist at law or in equity for the collection of the Indebtedness and the enforcement of the covenants herein and the foreclosure of the liens and security interests evidenced by the Security Agreement or any other Loan Document, and
the resort to any remedy provided for hereunder or under any such other Loan Document or provided for by law or in equity shall not prevent the concurrent or subsequent employment of any other appropriate remedy or remedies. 
 ARTICLE 6 — GENERAL TERMS AND CONDITIONS 
 Section 6.1 Notices. All notices, requests, demands or other communications required or permitted to be given pursuant to this Agreement shall be in writing and given by (i) personal delivery,
(ii) expedited delivery service with proof of delivery, or (iii) United States mail, postage prepaid, registered or certified mail, return receipt requested, sent to the intended addressee at the address set forth on the first page hereof
or to such different address as the addressee shall have designated by written notice sent pursuant to the terms hereof and shall be deemed to have been received either, in the case of personal delivery, at the time of personal delivery, in the case
of expedited delivery service, as of the date of first attempted delivery at the address and in the manner provided herein, or in the case of mail, upon deposit in a depository receptacle under the care and custody of the United States Postal
Service. Either party shall have the right to change its address for notice hereunder to any other location within the continental United States by notice to the other party of such new address at least thirty (30) days prior to the effective
date of such new address. 
 Section 6.2 Modifications. No provision of this Agreement or of any of the other Loan Documents may be
modified, waived, or terminated except by instrument in writing executed by the party against whom a modification, waiver or termination is sought to be enforced. 
 Section 6.3 Severability. In case any of the provisions of this Agreement shall for any reason be held to be invalid, illegal, or unenforceable, such invalidity, illegality, or unenforceability shall not affect
any other provision hereof, and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. 
 Section 6.4 Election of Remedies. Lender shall have all of the rights and remedies granted in this Agreement and in all of the other Loan Documents and available at law or in equity, and these same rights and
remedies shall be cumulative and may be pursued separately, successively, or concurrently against Borrower or any property covered under the Loan Documents at the sole discretion of Lender. The exercise or failure to exercise any of the same shall
not constitute a waiver or release thereof or of any other right or remedy, and the same shall be nonexclusive. 
 Section 6.5 Form and
Substance. All documents, certificates, insurance policies and other items required under this Agreement to be executed and/or delivered to Lender shall be in form and substance satisfactory to Lender. 
 Section 6.6 Controlling Agreement. All agreements between Borrower and Lender, whether now existing or hereafter arising and whether written or
oral, are hereby limited so that in no contingency, whether by reason of demand or acceleration of the maturity of the Note or otherwise, shall the interest paid or agreed to be paid to Lender exceed the maximum amount permissible under applicable
law. If from any circumstances whatsoever, interest would otherwise be payable to Lender at a rate in excess of that 

  

 Page 10 

 
permitted under applicable law, then the interest payable to Lender shall be reduced to the maximum amount permitted under applicable law, and if from any
circumstance Lender shall ever receive anything of value deemed interest by applicable law which would exceed interest at the highest lawful rate, an amount equal to any excessive interest shall be applied to the reduction of the principal amount
owing to Lender under this Agreement or under any of the other Loan Documents and not to the payment of interest, or if such excessive interest exceeds the unpaid balance of principal owing to Lender under this Agreement and under any of the other
Loan Documents, such excess shall be refunded to the Borrower. All interest paid or agreed to be paid to Lender shall, to the extent permitted by applicable law, be amortized, prorated, allocated and/or spread throughout the full period until
payment in full of the principal of the indebtedness (including the period of any renewal or extension hereof) so that the interest on account of such indebtedness for such full period shall not exceed the maximum amount permitted by applicable law.
This section shall control all agreements between Borrower and Lender. 
 Section 6.7 No Third Party Beneficiary. This Agreement is
for the sole benefit of Lender and Borrower and is not for the benefit of any third party. 
 Section 6.8 Borrower in Control. In no
event shall Lender’s rights and interests under the Loan Documents be construed to give Lender the right to control, or be deemed to indicate that Lender is in control of, the business, management or properties of Borrower or the daily
management functions and operating decisions made by Borrower. 
 Section 6.9 Number and Gender. Whenever used herein, the singular
number shall include the plural and the singular, and the use of any gender shall be applicable to all genders. The duties, covenants, obligations and warranties of Borrower in this Agreement shall be joint and several obligations of Borrower and of
each Borrower if more than one. 
 Section 6.10 Captions. The captions, headings, and arrangements used in this Agreement are for
convenience only and do not in any way affect, limit, amplify, or modify the terms and provisions hereof. 
 Section 6.11 Applicable
Law. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS ARE CONTRACTS MADE IN, AND UNDER THE LAWS OF, THE STATE OF TEXAS, AND THEIR VALIDITY, ENFORCEMENT AND INTERPRETATION, SHALL FOR ALL PURPOSES BE GOVERNED ENTIRELY BY TEXAS LAW AND APPLICABLE UNITED
STATES FEDERAL LAW. 
 Section 6.12 Relationship of the Parties. This Agreement provides for the making of the Loan by Lender, in its
capacity as a lender, to Borrower, in its capacity as a borrower, and for the payment of interest and repayment of principal by Borrower to Lender. The relationship between Lender and Borrower is limited to that of creditor/secured party, on the one
hand, and debtor, on the other hand. The provisions herein for delivery of Financial Statements are intended solely for the benefit of Lender to protect its interests as lender in assuring payments of interest and repayment of principal, and nothing
contained in this Agreement shall be construed as permitting or obligating Lender to act as a financial or business advisor or consultant to Borrower, as permitting or obligating Lender to control Borrower or to conduct Borrower’s operations,
as creating any fiduciary obligation on the part of Lender to Borrower, or as creating any joint venture, agency, or other relationship between the parties other than as explicitly and specifically stated in this Agreement. Borrower acknowledges
that it has had the opportunity to obtain the advice of experienced counsel of its own choosing in connection with the negotiation and execution of this Agreement and to obtain the advice of experienced counsel in connection with entering into these
binding provisions, including, without limitation, the provision for waiver of trial by jury. Borrower further acknowledges that it is experienced with respect to financial and credit matters and has made its own independent decisions to apply to
Lender for credit and to execute and deliver this Agreement. 
  

 Page 11 

 Section 6.13 WAIVER OF JURY TRIAL. BORROWER HEREBY COVENANTS AND AGREES THAT, IN
CONNECTION WITH ANY DISPUTE ARISING UNDER THIS AGREEMENT OR UNDER ANY OF THE OTHER LOAN DOCUMENTS, IT SHALL NOT ELECT A TRIAL BY JURY OF ANY ISSUE TRIABLE OF RIGHT BY A JURY AND HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY FULLY TO THE EXTENT THAT ANY
SUCH RIGHT SHALL NOW OR HEREAFTER EXIST. THIS WAIVER OF RIGHT TO TRIAL BY JURY IS SEPARATELY GIVEN, KNOWINGLY AND VOLUNTARILY, BY BORROWER, AND THIS WAIVER IS INTENDED TO ENCOMPASS INDIVIDUALLY EACH INSTANCE AND EACH ISSUE AS TO WHICH THE RIGHT TO A
JURY TRIAL WOULD OTHERWISE ACCRUE. LENDER IS HEREBY AUTHORIZED AND REQUESTED TO SUBMIT THIS AGREEMENT TO ANY COURT HAVING JURISDICTION OVER THE SUBJECT MATTER AND THE PARTIES HERETO, SO AS TO SERVE AS CONCLUSIVE EVIDENCE OF THE FOREGOING WAIVER OF
THE RIGHT TO JURY TRIAL. FURTHER, BORROWER HEREBY CERTIFIES THAT NO REPRESENTATIVE OR AGENT OF LENDER, INCLUDING LENDER’S COUNSEL, HAS REPRESENTED, EXPRESSLY OR OTHERWISE, TO ANY OF THE UNDERSIGNED THAT LENDER WILL NOT SEEK TO ENFORCE THIS
WAIVER OF RIGHT OF JURY TRIAL PROVISION. 
 Section 6.14 Consent to Jurisdiction. Borrower hereby agrees that any action or
proceeding under this Agreement or under any of the other Loan Documents may be commenced against it in any court of competent jurisdiction within the State of Texas by service of process upon Borrower by first class registered or certified mail,
return receipt requested, addressed to Borrower at its address last known to Lender. Borrower agrees that any such suit, action or proceeding arising out of or relating to this Agreement or to any of the other Loan Documents may be instituted in the
United States District Court for the Northern District of Texas; and Borrower hereby waives any objection to the venue of any such suit, action or proceeding. Nothing herein shall affect the right of Lender to accomplish service of process in any
other manner permitted by law or to commence legal proceedings or otherwise proceed against Borrower in any other jurisdiction or court. 
 Section 6.15 Negotiation. The parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, there shall be no presumption or burden of
proof which arises favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. 
 Section 6.16
Conflicting Terms. In the event of a conflict or apparent conflict between or among the terms and provisions of this Agreement and the other Loan Documents, the parties shall give the provisions their broadest interpretation so as to
reconcile the conflict or apparent conflict. If such an interpretation is not possible, or if the parties cannot agree on such an interpretation, Lender, in its sole discretion, shall designate the provision which most closely approximates its
intention with respect to the subject matter at the time of execution of the Loan Documents and such provision shall govern. Borrower hereby agrees that such a procedure does not prejudice its rights under the Loan Documents insofar as Borrower has
accepted and agreed to be bound by all of the terms and conditions of this Agreement and of the Loan Documents by its execution hereof and thereof. 
 Section 6.17 Entire Agreement. THE WRITTEN LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 

 

 Page 12 

 THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 
  

 Page 13 

 EXECUTED and DELIVERED as of the date first recited. 
  

									
	The Address of Borrower is:	 		 	BORROWER:
			
	2911 Turtle Creek Blvd., Suite 700	 		 	PLAINS CAPITAL CORPORATION,
	Dallas, Texas 75219	 		 	a Texas corporation
	Attn: Jeff Isom	 		 	
					
		 		 		 	By:	 	/s/ Jeff Isom
		 		 		 	Name:	 	Jeff Isom
		 		 		 	Title:	 	CFO
			
	The Address of Lender is:	 		 	LENDER:
			
		 		 	JP MORGAN CHASE BANK, N.A.,
	10 South Dearborn	 		 	a national banking association
	MC: IL1-1235	 		 	
	Chicago, Illinois 60603-2003	 		 	
	Attn: Timothy Johnson	 		 	
					
		 		 		 	By:	 	/s/ Timothy F. Johnson
		 		 		 	Name:	 	Timothy F. Johnson
		 		 		 	Title:	 	SVP

  

 Page 14 

 EXHIBIT “A” 
 TO 
 LOAN AGREEMENT 
 CONDITIONS TO CLOSING AND FUNDING 
  

							
	 (X )
	  	1.	  	The Note, dated the Closing Date.
			
	 (X)
	  	2.	  	The Financial Statements of Borrower.
			
	 (X)
	  	3. 	  	With respect to Borrower:
				
		  		  	(a)	  	Certified Resolutions or Unanimous Consent of the Board of Directors and Incumbency;
				
		  		  	(b)	  	Certificates of Existence and Good Standing from state of incorporation or organization;
				
		  		  	(c)	  	Certified Articles of Incorporation and all amendments thereto from state of incorporation; and
				
		  		  	(d)	  	Certified Bylaws and all amendments thereto from the company.
			
	 (X)
	  	4.	  	Borrower shall obtain and maintain insurance coverage typical of that held by similarly situated companies, satisfactory to Lender.

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