INVESTMENT AGREEMENT dated as of January 27, 2011 by and among FIRST FEDERAL BANCSHARES OF ARKANSAS, INC., FIRST FEDERAL BANK and BEAR STATE FINANCIAL HOLDINGS, LLCInvestment Agreement • January 28th, 2011 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered • New York
THIS INVESTMENT AGREEMENT, dated as of January 27, 2011 (this “Agreement”), is made by and among First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Company”), First Federal Bank, a federally chartered stock savings and loan association and wholly-owned subsidiary of the Company (the “Bank”), and Bear State Financial Holdings, LLC, an Arkansas limited liability company (the “Investor”). Except as otherwise specifically provided in this Agreement, all share amounts in this Agreement reflect the completion of the Reverse Stock Split described in Section 3.4(b) of this Agreement.
