City National Bancshares Corp – Contract (July 7th, 2009)
Exhibit 10.1 ------------ AGREEMENT BY AND BETWEEN City National Bank of New Jersey Newark, New Jersey and The Comptroller of the Currency City National Bank of New Jersey, Newark, New Jersey ("Bank") and the Comptroller of the Currency of the United States of America ("Comptroller") wish to protect the interests of the depositors, other customers, and shareholders of the Bank, and, toward that end, wish the Bank to operate safely and soundly and in accordance with all applicable laws, rules and regulations. The Comptroller, through his National Bank Examiner, has examined the Bank and his/her findings are contained in the Report of Examination ("ROE") for the examination commenced on December 1, 2008. The Comptroller has found unsafe and unsound banki
City National Bancshares Corp – United States Department of the Treasury 1500 Pennsylvania Avenue, Nw Washington, D.C. 20220 (April 13th, 2009)
The company set forth on the signature page hereto (the "Company") intends to issue in a private placement the number of shares of a series of its preferred stock set forth on Schedule A hereto (the "Preferred Shares") and a warrant to purchase the number of shares of a series of its preferred stock set forth on Schedule A hereto (the "Warrant" and, together with the Preferred Shares, the "Purchased Securities") and the United States Department of the Treasury (the "Investor") intends to purchase from the Company the Purchased Securities.