WARRANT AGREEMENTWarrant Agreement • December 24th, 2013 • Carroll Bancorp, Inc. • State commercial banks • Maryland
¨ an uncertified check drawn on a U.S. bank payable to “Registrar and Transfer Company as warrant offering agent for various holders.”
Carroll Bancorp, Inc. SUBSCRIPTION RIGHTS TO PURCHASE UNITS CONSISTING OF SHARES OF COMMON STOCK AND WARRANTS OFFERED PURSUANT TO SUBSCRIPTION RIGHTS DISTRIBUTED TO STOCKHOLDERS OF CARROLL BANCORP, INC. THE SUBSCRIPTION RIGHTS ARE EXERCISABLE UNTIL...Carroll Bancorp, Inc. • December 24th, 2013 • State commercial banks
This letter is being distributed by Carroll Bancorp, Inc. (“Carroll Bancorp”) to all holders of record of shares of its common stock, par value $0.01 per share (the “Common Stock”), at 5:00 p.m., Eastern Time, on [—] (the “Record Date”), in connection with a distribution in a rights offering (the “Rights Offering”) of non-transferable subscription rights (the “Subscription Rights”) to subscribe for the purchase of Units. The Subscription Rights and the Units are described in the Carroll Bancorp prospectus dated [—] (the “Prospectus”).
