0000893220-06-001388 Sample Contracts

COMMON SECURITIES GUARANTEE AGREEMENT SOVEREIGN BANCORP, INC. Dated as of June 13, 2006
Common Securities Guarantee Agreement • June 13th, 2006 • Sovereign Bancorp Inc • Savings institution, federally chartered • New York

This GUARANTEE AGREEMENT (the “Common Securities Guarantee”), dated as of June 13, 2006, is executed and delivered by Sovereign Bancorp, Inc., a Pennsylvania corporation (the “Guarantor”), for the benefit of the Holders (as defined herein) from time to time of the Common Securities (as defined herein) of Sovereign Capital Trust VI, a Delaware statutory trust (the “Issuer”).

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CAPITAL SECURITIES GUARANTEE AGREEMENT SOVEREIGN BANCORP, INC. Dated as of June 13, 2006
Capital Securities Guarantee Agreement • June 13th, 2006 • Sovereign Bancorp Inc • Savings institution, federally chartered • New York

This GUARANTEE AGREEMENT (the “Capital Securities Guarantee”), dated as of June 13, 2006, is executed and delivered by Sovereign Bancorp, Inc., a Pennsylvania corporation (the “Guarantor”), and The Bank of New York, a New York banking corporation, as trustee (the “Capital Securities Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Sovereign Capital Trust VI, a Delaware statutory business trust (the “Issuer”).

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