AMENDMENT NO. 1 TO OBSERVER RIGHTS AGREEMENTObserver Rights Agreement • July 29th, 2016 • Seacoast Banking Corp of Florida • State commercial banks
AMENDMENT NO. 1 (this “Amendment”), dated as of July 28, 2016, to that certain Observer Rights Agreement, dated as of March 23, 2016 (the “Agreement”), by and between Seacoast Banking Corporation of Florida, a Florida corporation (the “Company”), Basswood Capital Management, L.L.C. (“Basswood”) and Matthew Lindenbaum (“Lindenbaum”). All capitalized terms used in this Amendment shall have the meanings assigned to such terms in the Agreement.
