GUARANTEE AGREEMENT by and between STERLING FINANCIAL CORPORATION and WILMINGTON TRUST COMPANY Dated as of March 22, 2007 _________________________________________________ GUARANTEE AGREEMENTGuarantee Agreement • March 28th, 2007 • Sterling Financial Corp /Pa/ • National commercial banks • New York
This GUARANTEE AGREEMENT (this “Guarantee”), dated as of March 22, 2007, is executed and delivered by Sterling Financial Corporation, a Pennsylvania corporation (the “Guarantor”), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Sterling Financial Statutory Trust V, a Delaware statutory trust (the “Issuer”).
20,000 Capital Securities Floating Rate Capital Securities (Liquidation Amount $1,000.00 per Capital Security) PLACEMENT AGREEMENTSubscription Agreement • March 28th, 2007 • Sterling Financial Corp /Pa/ • National commercial banks • New York
Sterling Financial Corporation, a Pennsylvania corporation (the “Company”), and its financing subsidiary, Sterling Financial Statutory Trust V, a Delaware statutory trust (the “Trust,” and hereinafter together with the Company, the “Offerors”), hereby confirm their agreement (this “Agreement”) with you as placement agents (the “Placement Agents”), as follows:
STERLING FINANCIAL TRUST TRUST AGREEMENT MASTER INSURANCETrust Agreement • March 28th, 2007 • Sterling Financial Corp /Pa/ • National commercial banks
