Common use of Amount and Terms Clause in Contracts

Amount and Terms. Subject to and upon the terms and conditions herein ---------------- set forth, the Lender agrees to lend amounts to the Borrower, (the "Loan") from time to time during the period of this agreement up to but not including the maturity date of September 30, 2018, in an aggregate principal amount (the "Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Virginia Capital Bancshares, Inc., a Virginia corporation, and the Holding Company of the Bank, equal to 8% of the Shares issued in connection with the conversion of the Bank from the mutual to stock form (the "Conversion") including the shares issued to the Fredericksburg Savings Charitable Foundation, a charitable foundation being established in connection with the Conversion. The Loan is intended to be an "exempt loan" as described in Section 4975(d) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").

Amount and Terms. Subject to and upon the terms and conditions herein ---------------- set forth, the Lender agrees to lend amounts to the Borrower, Borrower (the "Loan") from time to time during the period of this agreement up to but not including the maturity date of September 30________, 2018, 20__ in an aggregate principal amount (the "Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Virginia Capital BancsharesWoronoco Bancorp, Inc., a Virginia Delaware corporation, and the Holding Company of the Bank, equal to 8% of the Shares issued in connection with the conversion of the Bank from the mutual to stock form (the "Conversion") including the shares issued to the Fredericksburg Woronoco Savings Charitable Foundation, a charitable foundation being established in connection with the Conversion. The Loan is intended to be an "exempt loan" as described in Section 4975(d) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").

Amount and Terms. Subject to and upon the terms and conditions herein ---------------- set forth, the Lender agrees to lend amounts to the Borrower, (the "Loan") from time to time during the period of this agreement up to but not including the maturity date of September 30December 31, 201820___, in an aggregate principal amount (the "Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Virginia Capital Bancshares, Inc., a Virginia corporation, and the Holding Company of the Bank, equal to 8% of the Shares issued in connection with the conversion of the Bank from the mutual to stock form (the "Conversion") including the shares issued to the Fredericksburg Savings Charitable Foundation, a charitable foundation being established in connection with the Conversion. The Loan is intended to be an "exempt loan" as described in Section 4975(d) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").