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COMMERCEFIRST BANCORP, INC. RIGHTS OFFERING SUBSCRIPTION AGREEMENT

LLC Subscription Agreement

COMMERCEFIRST BANCORP, INC. RIGHTS OFFERING SUBSCRIPTION AGREEMENT | Document Parties: COMMERCEFIRST BANCORP INC You are currently viewing:
This LLC Subscription Agreement involves

COMMERCEFIRST BANCORP INC

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Title: COMMERCEFIRST BANCORP, INC. RIGHTS OFFERING SUBSCRIPTION AGREEMENT
Date: 12/17/2004

COMMERCEFIRST BANCORP, INC. RIGHTS OFFERING SUBSCRIPTION AGREEMENT, Parties: commercefirst bancorp inc
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<PAGE>

 

                                                                   Exhibit 99(b)

 

 

                           COMMERCEFIRST BANCORP, INC.

                                 RIGHTS OFFERING

                             SUBSCRIPTION AGREEMENT

 

          THE GENERAL TERMS AND CONDITIONS OF THE RIGHTS OFFERING, TO WHICH ALL

         ORDERS ARE SUBJECT, ARE SET FORTH IN THE PROSPECTUS FOR THE RIGHTS

         OFFERING. YOU ARE URGED TO CAREFULLY READ THE PROSPECTUS IN ITS

         ENTIRETY PRIOR TO SUBMITTING THIS SUBSCRIPTION AGREEMENT. ALL

         SUBSCRIPTIONS, ONCE SUBMITTED, ARE IRREVOCABLE.

 

1.        (a) Rights Offering. The undersigned hereby irrevocably subscribes for

         _______________________ shares of common stock of CommerceFirst

         Bancorp, Inc. pursuant to the exercise of the undersigned's

         subscription right at $10.50 per share.1 (b) Oversubscription

         Privilege. The undersigned hereby irrevocably subscribes for

         __________________ shares of common stock of CommerceFirst Bancorp,

         Inc. pursuant to the exercise of the undersigned's oversubscription

         privilege, subject to the availability of such shares, at $10.50 per

         share.2 Note: You may exercise the oversubscription privilege only if

         you have elected to purchase the full number of shares allocated to you

         in the rights offering..

 

2.        Purchase Price and Manner of Payment. The undersigned hereby submits

         herewith, by means of a

         |_| personal check,   |_| cashier's or bank check, or   |_| money order,

         in each case payable to "CommerceFirst Bancorp, Inc. Escrow Account",

         or by wire transfer to the CommerceFirst Bancorp, Inc. Escrow Account

         from account number _______________ at __________________________ (name

         of bank), routing number __________________ payment in the amount of

         $_________________________ ($10.50 multiplied by the total number of

         shares subscribed for in 1(a) and 1(b) above), in full payment of the

         offering price of the shares subscribed for.3

 

3.        Registration of Certificates. All shares subscribed for will be

         registered in exactly the same manner as the undersigned's shares of

         common stock which gave rise to the undersigned's subscription rights.

 

4.        Deadline. This subscription agreement and payment in full of the

         subscription price must be actually received by CommerceFirst Bancorp,

         Inc., and any payments must clear, NO LATER THAN 5:00 P.M., EASTERN

         TIME, ON                      2005.

 

5.        The undersigned acknowledges and agrees that:

 

         (a) The undersigned has received a copy of CommerceFirst Bancorp,

         Inc.'s prospectus dated          , 2005. By executing this Subscription

         Agreement, the undersigned acknowledges and agrees to all of the terms

         and conditions of the rights offering as described in the prospectus.

 

         (b) Subscription rights are not transferable.

 

         (c) Subscriptions are bindi


 
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