Common Contracts

FOUR OAKS FINCORP, INC.

Four Oaks Fincorp Inc • June 10th, 2014 • State commercial banks

• Company
  Four Oaks Fincorp Inc
• Filed
  June 10th, 2014
• Industry
  State commercial banks

This letter is being distributed by Four Oaks Fincorp, Inc. (“we”, “us”, “our” or the “Company”) to the holders of record (the “Recordholders”) of shares of Company common stock, par value $1.00 per share (the “Common Stock”), at 5:00 p.m., Eastern Time, on [●], 2014 (the “Record Date”), in connection with the rights offering (the “Rights Offering”) of non-transferable subscription rights (the “Rights”) to subscribe for and purchase an aggregate of 26,633,385 shares of Common Stock. The Rights Offering, Rights and Common Stock are described in the offering prospectus dated [●], 2014 (the “Prospectus”).

FOUR OAKS FINCORP, INC. SUBSCRIPTION RIGHTS TO PURCHASE SHARES OF COMMON STOCK DISTRIBUTED TO SHAREHOLDERS OF FOUR OAKS FINCORP, INC.

Four Oaks Fincorp Inc • May 23rd, 2014 • State commercial banks

• Company
  Four Oaks Fincorp Inc
• Filed
  May 23rd, 2014
• Industry
  State commercial banks

This letter is being distributed by Four Oaks Fincorp, Inc. (“we”, “us”, “our” or the “Company”) to the holders of record (the “Recordholders”) of shares of Company common stock, par value $1.00 per share (the “Common Stock”), at 5:00 p.m., Eastern Time, on [●], 2014 (the “Record Date”), in connection with the rights offering (the “Rights Offering”) of non-transferable subscription rights (the “Rights”) to subscribe for and purchase an aggregate of 26,602,959 shares of Common Stock. The Rights Offering, Rights and Common Stock are described in the offering prospectus dated [●], 2014 (the “Prospectus”).