Reliance Bancshares, Inc. 8-k (events Or Changes Between Quarterly Reports) 2009-02-23

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): February 13, 2009

RELIANCE BANCSHARES, INC. (Exact name of registrant as specified in its charter) Missouri (State or other jurisdiction of incorporation)

000-52588 (File Number)Commission

10401 Clayton Road Frontenac, Missouri (Address of principal executive offices)

43-1823071 (I.R.S. Employer Identification No.) 63131 (Zip Code)

(314) 569-7200 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o

Written communications pursuant to Rule 425 under the Securities Act.

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act.

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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TABLE OF CONTENTS Item 1.01 Entry into a Material Definitive Agreement Item 3.02 Unregistered Sales of Equity Securities Item 3.03 Material Modification of the Rights of Security Holders Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Item 5.03 Amendments of Incorporation or Bylaws; Change in Fiscal Year Item 8.01 Other Events Item 9.01 Financial Statements and Exhibits SIGNATURES EX-4.1 EX-4.2 EX-4.3 EX-4.4 EX-4.5 EX-10.1 EX-10.2 EX-10.3 EX-99.1

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Item 1.01 Entry into a Material Definitive Agreement Item 3.02 Unregistered Sales of Equity Securities Item 3.03 Material Modification of the Rights of Security Holders On February 13, 2009, Reliance Bancshares, Inc., a bank holding company headquartered in St. Louis, Missouri (the “Company”), completed the sale of $40 million of preferred stock and a warrant to purchase common stock to the United States Department of the Treasury (the “Treasury”) under the Treasury’s Capital Purchase Program under the Emergency Economic Stabilization Act of 2008 (the “EESA”). The Company issued and sold (1) 40,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series A, liquidation preference of $1,000 per share (the “Series A Preferred Shares”), and (2) a ten-year warrant (the “Warrant”) to purchase up to 2,000.02 shares of the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series B (the “Warrant Shares”) at an exercise price of $0.01 per share, or an aggregate purchase price of $40 million in cash. Cumulative dividends of the Series A Preferred Shares accrue at the rate of 5% per annum for the first five years, and at a rate of 9% per annum thereafter. The Warrant was immediately exercised by the Treasury and thereby cancelled. As a result, the Company issued a Series B Preferred Stock Certificate for 2,000 of the Warrant Shares to the Treasury. Cumulative dividends of the Warrant Shares accrue at the rate of 9% per annum. The Letter Agreement and Securities Purchase Agreement — Standard Terms (collectively, the “Purchase Agreement”), dated February 13, 2009, between the Company and the Treasury, pursuant to which the Series B Cumulative Perpetual Preferred Shares and the Warrant were sold, contains limitations on certain actions of the Company. This includes, but is not limited to, payments of dividends, and redemptions and acquisitions of Company equity securities. Additionally, compensation and benefits are restricted, as set forth under “Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers”, which is incorporated herein by reference. The issuance of the Series A Preferred Shares and the Warrant Shares were exempt from registration as a transaction by an issuer not involving any public offering under Section 4(2) of the Securities Act of 1933, as amended. The Purchase Agreement and the Warrant are exhibits to this Report on Form 8-K. The foregoing summary of certain provisions of these documents is qualified in its entirety by reference to them. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Pursuant to a condition of the transaction closing described under “Item 1.01 — Entry into a Material Definitive Agreement” which is incorporated herein by reference, each of the Company’s Senior Executive Officers (as defined in the Purchase Agreement) executed a waiver voluntarily that waives any claim against the Treasury or the Company for any alterations or changes to their compensation and benefits. Through execution of a separate Omnibus Agreement, the Senior Executive Officers acknowledged that in order to comply with the regulatory requirements of Section 111 (b) of EESA, modifications may be made of their

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compensation, bonus, incentive and other benefit plans, arrangements and agreements (including, if applicable, “golden parachute”, severance and employment agreements) as required during the period of time the Treasury holds any equity or debt securities of the Company acquired through the TARP Capital Purchase Program. The form of Omnibus Agreement and waiver are exhibits to this Report on Form 8-K. Item 5.03 Amendments of Incorporation or Bylaws; Change in Fiscal Year On February 5, 2009, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of Fixed Rate Cumulative Perpetual Preferred Stock (the “Series A Certificate of Designation”), no par value, Series A, with the Missouri Secretary of State for the purpose of creating and designating the number of shares of such series, and the voting and other powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations and restrictions thereof, for 40,000 shares of such stock. Also on that date, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of Fixed Rate Cumulative Perpetual Preferred Stock (the “Series B Certificate of Designation”), no par value, Series B for the purpose of creating and designating the number of shares of such series, and the voting and other powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations and restrictions thereof, for 2,000.02 shares of such stock. These filings were effective immediately. On February 11, 2009, the Company filed a Corrected Certificate of Designation of the Series B Certificate of Designation, which became effective immediately. The Series A Certificate of Designation, the Series B Certificate of Designation and the Corrected Series B Certificate of Designation are exhibits to this Report on Form 8-K. Item 8.01 Other Events On February 20, 2009, the Company issued a press release announcing that it completed the sale of the Series B Preferred Stock and Warrant to the Treasury. A copy of the press release is attached hereto as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits The following exhibits are filed herewith: Exhibit No.

Description of Exhibit

4.1

Certificate of Designation establishing Fixed Rate Cumulative Perpetual Preferred Stock, No Par Value, Series A, of Reliance Bancshares, Inc.

4.2

Certificate of Designation establishing Fixed Rate Cumulative Perpetual Preferred Stock, No Par Value, Series B of Reliance Bancshares, Inc.

4.3

Corrected Certificate of Designation establishing Fixed Rate Cumulative Perpetual Preferred Stock, No Par Value, Series B, of Reliance Bancshares, Inc.

4.4

Form of stock certificates for Fixed Rate Cumulative Perpetual Preferred, No Par Value, Series A and Series B

4.5

Form of Warrant to Purchase up to 2,000.02 Shares of Fixed Rate Cumulative Perpetual Preferred Stock, No Par Value, Series B of Reliance Bancshares, Inc.

10.1

Letter Agreement dated February 13, 2009 including the Securities Purchase Agreement — Standard Terms incorporated by reference therein between the Company and the Treasury

10.2

Form of Omnibus Agreement between Reliance Bancshares, Inc. and each of Jerry S. Von Rohr, Dale E. Oberkfell, David S. Matthews, Daniel W. Jasper and Daniel S. Brown

10.3

Waivers executed by each of Jerry S. Von Rohr, Dale E. Oberkfell, David S. Matthews, Daniel W. Jasper and Daniel S. Brown

99.1

Press Release dated February 20, 2009

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SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 20, 2009 RELIANCE BANCSHARES, INC. (Registrant) By: /s/ Dale E. Oberkfell Name: Dale E. Oberkfell Title: Chief Financial Officer

Exhibit 4.1 ANNEX A STATE OF MISSOURI...OFFICE OF SECRETARY OF STATE ROBIN CARNAHAN, Secretary of State CERTIFICATE OF DESIGNATIONS OF PREFERENCES, RIGHTS AND LIMITATIONS OF FIXED RATE CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES A OF RELIANCE BANCSHARES, INC. (No. 00458535) Reliance Bancshares, Inc. a corporation organized and existing under The General and Business Corporation Law of the State of Missouri (the “Issuer”), in accordance with the provisions of Section 351.180 of the Revised Statutes of Missouri, does hereby certify: The board of directors of the Issuer (the “Board of Directors”), in accordance with the restated articles of incorporation and bylaws of the Issuer and applicable law, adopted the following resolution at a regular meeting held on Tuesday, January 20, 2009, creating a series of 40,000 shares of Preferred Stock of the Issuer designated as “Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series A”. RESOLVED, that pursuant to the provisions of the restated articles of incorporation and the bylaws of the Issuer and applicable law, a series of Preferred Stock, no par value, of the Issuer be and hereby is created, and that the designation and number of shares of such series, and the voting and other powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations and restrictions thereof, of the shares of such series, are as follows: Part 1. Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be 40,000. Part 2. Standard Provisions. The Standard Provisions contained in Schedule A attached hereto are incorporated herein by reference in their entirety and shall be deemed to be a part of this Certificate of Designation to the same extent as if such provisions had been set forth in full herein. 1

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Part. 3. Definitions. The following terms are used in this Certificate of Designation (including the Standard Provisions in Schedule A hereto) as defined below: (a) “Common Stock” means the Class A Common Stock, par value $0.25 per share, of the Issuer (b) “Dividend Payment Date” means February 15, May 15, August 15 and November 15 of each year. (c) “Junior Stock” means the Common Stock and any other class or series of stock of the Issuer the terms of which expressly provide that it ranks junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Issuer. (d) “Liquidation Amount” means $1,000 per share of Designated Preferred Stock. (e) “Minimum Amount” means $ 10,000,000. (f) “Parity Stock” means any class or series of stock of the Issuer (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Issuer (in each case without regard to whether dividends accrue cumulatively or noncumulatively). Without limiting the foregoing, Parity Stock shall include the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series B. (g) “Signing Date” means

.

Part. 4. Certain Voting Matters. Holders of shares of Designated Preferred Stock will be entitled to one vote for each such share on any matter on which holders of Designated Preferred Stock are entitled to vote, including any action by written consent. IN WITNESS WHEREOF, Reliance Bancshares, Inc. has caused this Certificate of Designations to be signed by Jerry S. Von Rohr, its President, and Fortis M. Lawder, its Secretary, has affixed its corporate seal hereto and attested said seal on this ___day of January, 2009. (SEAL) ATTEST:

RELIANCE BANCSHARES, INC.

Name: Fortis M. Lawder Title: Secretary

By: Name: Jerry S. Von Rohr Title: President 2

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STATE OF MISSOURI COUNTY OF ST. LOUIS

) ) )

SS

I, Mary Jo E. Vargo, a Notary Public, do hereby certify that on this ___day of January, 2009, personally appeared before me Jerry S. Von Rohr who, being by me first duly sworn, declared that he is the President of Reliance Bancshares, Inc., that he signed the foregoing document as President of the Issuer, and that the statements therein contained are true. Notary Public

My Commission Expires:

3

Exhibit 4.2 ANNEX B STATE OF MISSOURI...OFFICE OF SECRETARY OF STATE ROBIN CARNAHAN, Secretary of State CERTIFICATE OF DESIGNATIONS OF PREFERENCES, RIGHTS AND LIMITATIONS OF FIXED RATE CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES B OF RELIANCE BANCSHARES, INC. (No. 00458535) Reliance Bancshares, Inc. a corporation organized and existing under The General and Business Corporation Law of the State of Missouri (the “Issuer”), in accordance with the provisions of Section 351.180 of the Revised Statutes of Missouri, does hereby certify: The board of directors of the Issuer (the “Board of Directors”), in accordance with the restated articles of incorporation and bylaws of the Issuer and applicable law, adopted the following resolution at a regular meeting held on Tuesday, January 20, 2009, creating a series of 2,000 shares of Preferred Stock of the Issuer designated as “Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series B”. RESOLVED, that pursuant to the provisions of the restated articles of incorporation and the bylaws of the Issuer and applicable law, a series of Preferred Stock, no par value, of the Issuer be and hereby is created, and that the designation and number of shares of such series, and the voting and other powers, preferences and relative, participating, optional or other rights, and the qualifications, limitations and restrictions thereof, of the shares of such series, are as follows: Part 1. Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series B” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be 2,000. Part 2. Standard Provisions. The Standard Provisions contained in Schedule A attached hereto are incorporated herein by reference in their entirety and shall be deemed to be a part of this Certificate of Designation to the same extent as if such provisions had been set forth in full herein. 1

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Part. 3. Definitions. The following terms are used in this Certificate of Designation (including the Standard Provisions in Schedule A hereto) as defined below: (a) “Common Stock” means the Class A Common Stock, par value $0.25 per share, of the Issuer. (b) “Dividend Payment Date” means February 15, May 15, August 15 and November 15 of each year. (c) “Junior Stock” means the Common Stock and any other class or series of stock of the Issuer the terms of which expressly provide that it ranks junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Issuer. (d) “Liquidation Amount” means $1,000 per share of Designated Preferred Stock. (e) “Minimum Amount” means $ 500,000. (f) “Parity Stock” means any class or series of stock of the Issuer (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Issuer (in each case without regard to whether dividends accrue cumulatively or noncumulatively). Without limiting the foregoing, Parity Stock shall include the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, no par value, Series A. (g) “Signing Date” means

.

(h) “UST Preferred Stock” means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A. Part. 4. Certain Voting Matters. Holders of shares of Designated Preferred Stock will be entitled to one vote for each such share on any matter on which holders of Designated Preferred Stock are entitled to vote, including any action by written consent. IN WITNESS WHEREOF, Reliance Bancshares, Inc. has caused this Certificate of Designations to be signed by Jerry S. Von Rohr, its President, and Fortis M. Lawder, its Secretary, has affixed its corporate seal hereto and attested said seal on this ___day of January, 2009. (SEAL) ATTEST:

RELIANCE BANCSHARES, INC.

Name: Fortis M. Lawder Title: Secretary

By: Name: Jerry S. Von Rohr Title: President 2

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STATE OF MISSOURI COUNTY OF ST. LOUIS

) ) )

SS

I, Mary Jo E. Vargo, a Notary Public, do hereby certify that on this ___day of January, 2009, personally appeared before me Jerry S. Von Rohr who, being by me first duly sworn, declared that he is the President of Reliance Bancshares, Inc., that he signed the foregoing document as President of the Corporation, and that the statements therein contained are true. Notary Public My Commission Expires:

3

Exhibit 4.3 () F i l e Nu m b e r : 0 0 4 5 8 5 3 5 Da t e F i l e d : 0 2 / 1 1 / 2 0 0 9 Ro b i n Ca r n a h a n S e c r e t a r y o f S t a t e T 0 9 0 4 2 1 8 0 0 7 S T AT E OF M I S S OURI . . . OF F I CE OF S E CRE T ARY OF S T AT E ROBI N CARNAHAN, S e c r e t a r y o f S t a t e CORRE CT E D CE RT I F I CAT E OF DE S I GNAT I ONS OF P RE F E RE NCE S , RI GHT S AND L I M I T AT I ONS OF F I XE D RAT E CUM UL AT I VE P E RP E T UAL P RE F E RRE D S T OCK, NO P AR VAL UE , S E RI E S B OF RE L I ANCE BANCS HARE S , I NC. ( No . 0 0 4 5 8 5 3 5 ) Re l i a n c e Ba n c s h a r e s , I n c . a c o r p o r a t i o n o r g a n i z e d a n d e x i s t i n g u n d e r T h e Ge n e r a ] a n d Bu s i n e s s Co r p o r a t i o n L a w o f t h e S t a t e o f M i s s o u r i ( t h e “ I s s u e r ” ) , i n a c c o r d a n c e wi t h t h e p r o v i s i o n s o f S e c t i o n s 3 5 1 . 1 8 0 a n d 3 5 1 . 0 4 9 o f t h e Re v i s e d S t a t u t e s o f M i s s o u r i , d o e s h e r e b y c o r r e c t i t s Ce r t i f i c a t e o f De s i g n a t i o n s o f P r e f e r e n c e s , Ri g h t s a n d L i m i t a t i o n s o f i t s F i x e d Ra t e Cu m u l a t i v e P e r p e t u a l P r e f e r r e d S t o c k , No P a r Va l u e , S e r i e s B, f i l e d wi t h t h e Of f i c e o f t h e S e c r e t a r y o f S t a t e o f M i s s o u r i o n F e b r u a r y 5 , 2 0 0 9 , b e c a u s e i t i n a d v e r t e n t l y s t a t e d t h e i n c o r r e c t n u m b e r o f s h a r e s o f s a i d S e r i e s B P r e f e r r e d S t o c k a n d c e r t i f i e s : T h e b o a r d o f d i r e c t o r s o f t h e I s s u e r ( t h e “ Bo a r d o f Di r e c t o r s ” ) , i n a c c o r d a n c e wi t h t h e r e s t a t e d a r t i c l e s o f i n c o r p o r a t i o n a n d b y l a ws o f t h e I s s u e r a n d a p p l i c a b l e l a w, a d o p t e d t h e ‘ f o l l o wi n g r e s o l u t i o n a t a r e g u l a r m e e t i n g h e l d o n T u e s d a y , J a n u a r y 2 0 , 2 0 0 9 , c r e a t i n g a s e r i e s o f 2 , 0 0 0 . 0 2 s h a r e s o f P r e f e r r e d S t o c k , n o p a r v a l u e , o f t h e I s s u e r d e s i g n a t e d a s “ F i x e d Ra t e Cu m u l a t i v e P e r p e t u a l P r e f e r r e d S t o c k , n o p a r v a l u e . S e r i e s B” . RE S OL VE D, t h a t p u r s u a n t t o t h e p r o v i s i o n s o f t h e r e s t a t e d a r t i c l e s o f i n c o r p o r a t i o n a n d t h e b y l a ws o f t h e I s s u e r a n d a p p l i c a b l e l a w, a s e r i e s o f P r e f e r r e d S t o c k , n o p a r v a l u e , o f t h e I s s u e r b e a n d h e r e b y i s c r e a t e d , a n d t h a t t h e d e s i g n a t i o n a n d n u m b e r o f s h a r e s o f s u c h s e r i e s , a n d t h e v o t i n g a n d o t h e r p o we r s , p r e f e r e n c e s a n d r e l a t i v e , p a r t i c i p a t i n g , o p t i o n a l o r o t h e r r i g h t s , a n d t h e q u a l i f i c a t i o n s , l i m i t a t i o n s a n d r e s t r i c t i o n s t h e r e o f , o f t h e s h a r e s o f s u c h s e r i e s , a r e a s f o l l o ws : P a r t 1 . De s i g n a t i o n a n d Nu m b e r o f S h a r e s . T h e r e i s h e r e b y c r e a t e d o u t o f t h e a u t h o r i z e d a n d u n i s s u e d s h a r e s o f p r e f e r r e d s t o c k o f t h e I s s u e r a s e r i e s o f p r e f e r r e d s t o c k d e s i g n a t e d a s t h e “ F i x e d Ra t e Cu m u l a t i v e P e r p e t u a l P r e f e r r e d S t o c k , n o p a r v a l u e , S e r i e s B” ( t h e “ De s i g n a t e d P r e f e r r e d S t o c k ” ) . T h e a u t h o r i z e d n u m b e r o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e 2 , 0 0 0 . 0 2 . P a r t 2 . S t a n d a r d P r o v i s i o n s . T h e S t a n d a r d P r o v i s i o n s c o n t a i n e d i n S c h e d u l e A a t t a c h e d h e r e t o a r e i n c o r p o r a t e d h e r e i n b y r e f e r e n c e i n t h e i r e n t i r e t y a n d s h a l l b e d e e m e d t o b e a p a r t o f t h i s Ce r t i f i c a t e o f De s i g n a t i o n t o t h e s a m e e x t e n t a s i f s u c h p r o v i s i o n s h a d b e e n s e t f o r t h i n f u l l h e r e i n .

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() P a r t . 3 . De f i n i t i o n s . T h e f o l l o wi n g t e r m s a r e u s e d i n t h i s Ce r t i f i c a t e o f De s i g n a t i o n ( i n c l u d i n g t h e S t a n d a r d P r o v i s i o n s i n S c h e d u l e A h e r e t o ) a s d e f i n e d b e l o w: ( a ) “ Co m m o n S t o c k ” m e a n s t h e Cl a s s p e r s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k . “ M i n i m u m Am o u n t ” m e a n s $ 5 0 0 , 0 0 0 . ( f ) “ P a r i t y S t o c k ” m e a n s a n y c l a s s o r s e r i e s o f s t o c k o f t h e I s s u e r ( o t h e r t h a n De s i g n a t e d P r e f e r r e d S t o c k ) t h e t e r m s m e a n s t h e I s s u e r ’ s F i x e d Ra t e Cu m u l a t i v e P e r p e t u a l P r e f e r r e d S t o c k , n o p a r v a l u e , S e r i e s A. P a r t . 4 . Ce r t a i n Vo t i n g M a t t e r s . Ho l d e r s o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k wi l l b e e n t i t l e d t o o n e

A Co m m o n S t o c k , p a r v a l u e $ 0 . 2 5 p e r s h a r e , o f t h e I s s u e r . o f wh i c h d o n o t e x p r e s s l y p r o v i d e t h a t s u c h c l a s s o r s e r i e s v o t e f o r e a c h s u c h s h a r e o n a n y m a t t e r o n wh i c h h o l d e r s o f

“ Di v i d e n d P a y m e n t Da t e ” m e a n s F e b r u a r y 1 5 , M a y 1 5 , Au g u s t 1 5 a n d No v e m b e r 1 5 o f e a c h y e a r . “ J u n i o r S t o c k ” m e a n s t h e Co m m o n S t o c k a n d a n y o t h e r c l a s s o r s e r i e s o f s t o c k o f t h e I s s u e r t h e t e r m s o f wh i c h e x p r e s s l y p r o v i d e t h a t i t r a n k s j u n i o r t o De s i g n a t e d P r e f e r r e d S t o c k a s t o d i v i d e n d r i g h t s a n d / o r a s t o r i g h t s o n l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e I s s u e r . “ L i q u i d a t i o n Am o u n t ” m e a n s wi l l r a n k s e n i o r o r j u n i o r t o De s i g n a t e d P r e f e r r e d S t o c k a s t o d i v i d e n d r i g h t s a n d / o r a s t o r i g h t s o n l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e I s s u e r ( i n e a c h c a s e wi t h o u t r e g a r d t o wh e t h e r d i v i d e n d s a c c r u e c u m u l a t i v e l y o r n o n - c u m u l a t i v e l y ) . W i t h o u t l i m i t i n g t h e f o r e g o i n g , P a r i t y S t o c k s h a l l i n c l u d e t h e US T P r e f e r r e d S t o c k . ( g ) ¦ “ S i g n i n g Da t e ” m e a n s t h e Or i g i n a l I s s u e Da t e . ( h ) “ US T P r e f e r r e d De s i g n a t e d P r e f e r r e d S t o c k a r e e n t i t l e d t o v o t e , i n c l u d i n g a n y a c t i o n b y wr i t t e n c o n s e n t . I N W I T NE S S W HE RE OF , Re l i a n c e Ba n c s h a r e s , I n c . h a s c a u s e d t h i s Co r r e c t e d Ce r t i f i c a t e o f De s i g n a t i o n s t o b e s i g n e d b y J e r r y S . Vo n Ro h r , i t s P r e s i d e n t , a n d F o r t i s M . L a wd e r , i t s S e c r e t a r y , h a s a f f i x e d i t s c o r p o r a t e s e a l h e r e t o a n d a t t e s t e d s a i d s e a l o n t h i s 1 1 t h d a y o f F e b r u a r y ,

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() S c h e d u l e A S T ANDARD P ROVI S I ONS S e c t i o n 1 . Ge n e r a l M a t t e r s . E a c h s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e i d e n t i c a l i n a l l r e s p e c t s t o e v e r y o t h e r s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k . T h e De s i g n a t e d P r e f e r r e d S t o c k t o De s i g n a t e d P r e f e r r e d S t o c k ; “ Ap p r o p r i a t e F e d e r a l Ba n k i n g Ag e n c y ” m e a n s t h e “ a p p r o p r i a t e F e d e r a l b a n k i n g a g e n c y ” wi t h r e s p e c t t o t h e I s s u e r a s d e f i n e d i n S e c t i o n 3 ( q ) o f t h e F e d e r a l De p o s i t I n s u r a n c e Ac t ( 1 2 U. S . C. I s s u e r , a s t h e y m a y b e a m e n d e d f r o m t i m e t o t i m e . “ Ce r t i f i c a t e o f De s i g n a t i o n s ” m e a n s t h e Ce r t i f i c a t e o f De s i g n a t i o n s o r c o m p a r a b l e i n s t r u m e n t r e l a t i n g t o t h e De s i g n a t e d P r e f e r r e d S t o c k , o f wh i c h t h e s e S t a n d a r d o n wh i c h s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a r e f i r s t i s s u e d . ( k ) “ P r e f e r r e d Di r e c t o r ” h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 7 ( b ) .

s h a l l b e p e r p e t u a l , s u b j e c t t o t h e p r o v i s i o n s o f S e c t i o n 5 o f t h e s e S t a n d a r d P r o v i s i o n s t h a t f o r m a p a r t o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s . T h e De s i g n a t e d P r e f e r r e d S e c t i o n 1 8 1 3 ( q ) ) , o r a n y s u c c e s s o r p r o v i s i o n . . “ Bu s i n e s s Co m b i n a t i o n ” m e a n s a m e r g e r , c o n s o l i d a t i o n , s t a t u t o r y s h a r e e x c h a n g e o r s i m i l a r t r a n s a c t i o n t h a t r e q u i r e s P r o v i s i o n s f o r m a p a r t , a s i t m a y b e a m e n d e d f r o m t i m e t o t i m e . “ Ch a r t e r ” m e a n s t h e I s s u e r ’ s c e r t i f i c a t e o r a r t i c l e s o f i n c o r p o r a t i o n , a r t i c l e s o f a s s o c i a t i o n ,

S t o c k s h a l l r a n k e q u a l l y wi t h P a r i t y S t o c k a n d s h a l l r a n k s e n i o r t o J u n i o r S t o c k wi t h r e s p e c t t o t h e p a y m e n t o f d i v i d e n d s a n d t h e d i s t r i b u t i o n o f a s s e t s i n t h e e v e n t o f a n y d i s s o l u t i o n , l i q u i d a t i o n o r wi n d i n g u p o f t h e I s s u e r . S e c t i o n 2 . S t a n d a r d De f i n i t i o n s . As u s e d h e r e i n wi t h r e s p e c t t h e a p p r o v a l o f t h e I s s u e r ’ s s t o c k h o l d e r s . “ Bu s i n e s s Da y ” m e a n s a n y d a y e x c e p t S a t u r d a y , S u n d a y a n d a n y d a y o n wh i c h b a n k i n g i n s t i t u t i o n s i n t h e S t a t e o f Ne w Yo r k g e n e r a l l y a r e a u t h o r i z e d o r r e q u i r e d b y l a w o r o t h e r g o v e r n m e n t a l a c t i o n s t o c l o s e . ( d ) “ By l a ws ” m e a n s t h e b y l a ws o f t h e o r s i m i l a r o r g a n i z a t i o n a l d o c u m e n t . ( g ) “ Di v i d e n d P e r i o d ” h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 3 ( a ) . ( h ) “ Di v i d e n d Re c o r d Da t e ” h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 3 ( a ) . ( i ) “ L i q u i d a t i o n P r e f e r e n c e ” h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 4 ( a ) . G) “ Or i g i n a l I s s u e Da t e ” m e a n s t h e d a t e

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() ( 1 ) “ P r e f e r r e d S t o c k ” m e a n s a n y a n d a l l s e r i e s o f p r e f e r r e d s t o c k o f t h e I s s u e r , i n c l u d i n g t h e De s i g n a t e d P r e f e r r e d S t o c k . ( m ) “ Qu a l i f i e d E q u i t y Of f e r i n g ” m e a n s t h e s a l e a n d i s s u a n c e f o r c a s h b y t h e I s s u e r t o p e r s o n s o t h e r t h a n t h e I s s u e r o r a n y o f i t s s u b s i d i a r i e s a f t e r t h e Or i g i n a l I s s u e Da t e o f s h a r e s o f p e r p e t u a l P r e f e r r e d S t o c k , Co m m o n S t o c k o r a n y c o m b i n a t i o n o f s u c h s t o c k , t h a t , i n e a c h c a s e , q u a l i f y a s a n d m a y b e i n c l u d e d i n T i e r 1 c a p i t a l o f t h e I s s u e r a t t h e t i m e o f i s s u a n c e u n d e r t h e a p p l i c a b l e r i s k - b a s e d c a p i t a l g u i d e l i n e s o f t h e I s s u e r ’ s Ap p r o p r i a t e F e d e r a l Ba n k i n g Ag e n c y ( o t h e r t h a n a n y s u c h s a l e s a n d i s s u a n c e s m a d e p u r s u a n t t o a g r e e m e n t s o r a r r a n g e m e n t s e n t e r e d i n t o , o r p u r s u a n t t o f i n a n c i n g p l a n s wh i c h we r e p u b l i c l y a n n o u n c e d , o n o r p r i o r t o No v e m b e r 1 7 , 2 0 0 8 ) . ( n ) “ S t a n d a r d P r o v i s i o n s ” m e a n t h e s e S t a n d a r d P r o v i s i o n s t h a t f o r m a p a r t o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s r e l a t i n g t o t h e De s i g n a t e d P r e f e r r e d S t o c k . ( o ) “ S u c c e s s o r P r e f e r r e d S t o c k ” h a s t h e m e a n i n g s e t f o r t h i n S e c t i o n 5 ( a ) . ( p ) “ Vo t i n g P a r i t y S t o c k ” m e a n s , wi t h r e g a r d t o a n y . m a t t e r a s t o wh i c h t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k a r e e n t i t l e d t o v o t e a s s p e c i f i e d i n S e c t i o n s 7 ( a ) a n d 7 ( b ) o f t h e s e S t a n d a r d P r o v i s i o n s t h a t f o r m a p a r t o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s , a n y a n d a l l s e r i e s o f P a r i t y S t o c k u p o n wh i c h l i k e v o t i n g r i g h t s h a v e b e e n c o n f e r r e d a n d a r e e x e r c i s a b l e wi t h r e s p e c t t o s u c h m a t t e r . S e c t i o n 3 . Di v i d e n d s . ( a ) Ra t e . Ho l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e e n t i t l e d t o r e c e i v e , o n e a c h s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k i f , a s a n d wh e n d e c l a r e d b y t h e Bo a r d o f Di r e c t o r s o r a n y d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s , b u t o n l y o u t o f a s s e t s l e g a l l y a v a i l a b l e t h e r e f o r , c u m u l a t i v e c a s h d i v i d e n d s wi t h r e s p e c t t o e a c h Di v i d e n d P e r i o d ( a s d e f i n e d b e l o w) a t a p e r a n n u m r a t e o f 9 . 0 % o n ( i ) t h e L i q u i d a t i o n Am o u n t p e r s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k a n d ( i i ) t h e a m o u n t o f a c c r u e d a n d u n p a i d d i v i d e n d s f o r a n y p r i o r Di v i d e n d P e r i o d o n s u c h s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k , i f a n y . S u c h d i v i d e n d s s h a l l b e g i n t o a c c r u e a n d b e c u m u l a t i v e f r o m t h e Or i g i n a l I s s u e Da t e , s h a l l c o m p o u n d o n e a c h s u b s e q u e n t Di v i d e n d P a y m e n t Da t e ( i . e . , n o d i v i d e n d s s h a l l a c c r u e o n o t h e r d i v i d e n d s u n l e s s a n d u n t i l t h e f i r s t Di v i d e n d P a y m e n t Da t e f o r s u c h o t h e r d i v i d e n d s h a s p a s s e d wi t h o u t s u c h o t h e r d i v i d e n d s h a v i n g b e e n p a i d o n s u c h d a t e ) a n d s h a l l b e p a y a b l e q u a r t e r l y i n a r r e a r s o n e a c h Di v i d e n d P a y m e n t Da t e , c o m m e n c i n g wi t h t h e f i r s t s u c h Di v i d e n d P a y m e n t Da t e t o o c c u r a t l e a s t 2 0 c a l e n d a r d a y s a f t e r t h e Or i g i n a l I s s u e Da t e . I n t h e e v e n t t h a t a n y Di v i d e n d P a y m e n t Da t e wo u l d o t h e r wi s e f a l l o n a d a y t h a t i s n o t a Bu s i n e s s Da y , t h e d i v i d e n d p a y m e n t d u e o n t h a t d a t e wi l l b e p o s t p o n e d t o t h e n e x t d a y t h a t i s a Bu s i n e s s Da y a n d n o a d d i t i o n a l d i v i d e n d s wi l l a c c r u e a s a r e s u l t o f t h a t p o s t p o n e m e n t . T h e p e r i o d f r o m a n d i n c l u d i n g a n y Di v i d e n d P a y m e n t Da t e t o , b u t e x c l u d i n g , t h e n e x t Di v i d e n d P a y m e n t Da t e i s a “ Di v i d e n d P e r i o d ” , p r o v i d e d t h a t t h e i n i t i a l Di v i d e n d P e r i o d s h a l l b e t h e p e r i o d f r o m a n d i n c l u d i n g t h e Or i g i n a l I s s u e Da t e t o , b u t e x c l u d i n g , t h e n e x t Di v i d e n d P a y m e n t Da t e . Di v i d e n d s t h a t a r e p a y a b l e o n De s i g n a t e d P r e f e r r e d S t o c k i n r e s p e c t o f a n y Di v i d e n d P e r i o d s h a l l b e c o m p u t e d o n t h e b a s i s o f a 3 6 0 - d a y y e a r c o n s i s t i n g o f t we l v e 3 0 - d a y m o n t h s . T h e a m o u n t o f d i v i d e n d s p a y a b l e o n De s i g n a t e d P r e f e r r e d S t o c k o n a n y d a t e p r i o r t o t h e e n d o f a

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() Di v i d e n d P e r i o d , a n d f o r t h e i n i t i a l Di v i d e n d P e r i o d , s h a l l b e c o m p u t e d o n t h e b a s i s o f a 3 6 0 - d a y y e a r c o n s i s t i n g o f t we l v e 3 0 - d a y m o n t h s , a n d a c t u a l d a y s e l a p s e d o v e r a 3 0 - d a y m o n t h . Di v i d e n d s t h a t a r e p a y a b l e o n De s i g n a t e d P r e f e r r e d S t o c k o n a n y Di v i d e n d P a y m e n t Da t e wi l l b e p a y a b l e t o h o l d e r s o f r e c o r d o f De s i g n a t e d P r e f e r r e d S t o c k a s t h e y a p p e a r ó n - t h e s t o c k r e g i s t e r o f t h e I s s u e r o n t h e a p p l i c a b l e r e c o r d d a t e , wh i c h s h a l l b e t h e 1 5 t h c a l e n d a r d a y i m m e d i a t e l y p r e c e d i n g s u c h Di v i d e n d P a y m e n t Da t e o r s u c h o t h e r r e c o r d d a t e f i x e d b y t h e Bo a r d o f Di r e c t o r s o r a n y d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s t h a t i s n o t m o r e t h a n 6 0 n o r l e s s t h a n 1 0 d a y s p r i o r t o s u c h Di v i d e n d P a y m e n t Da t e ( e a c h , a “ Di v i d e n d Re c o r d Da t e ” ) . An y s u c h d a y t h a t i s a Di v i d e n d Re c o r d Da t e s h a l l b e a Di v i d e n d Re c o r d Da t e wh e t h e r o r n o t s u c h d a y i s a Bu s i n e s s Da y . Ho l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l n o t b e e n t i t l e d t o a n y d i v i d e n d s , wh e t h e r p a y a b l e i n c a s h , s e c u r i t i e s o r o t h e r p r o p e r t y , o t h e r t h a n d i v i d e n d s ( i f a n y ) d e c l a r e d a n d p a y a b l e o n De s i g n a t e d P r e f e r r e d S t o c k a s s p e c i f i e d i n t h i s S e c t i o n 3 ( s u b j e c t t o t h e o t h e r p r o v i s i o n s o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s ) . ( b ) P r i o r i t y ó f Di v i d e n d s . S o l o n g a s a n y s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k r e m a i n s o u t s t a n d i n g , n o d i v i d e n d o r d i s t r i b u t i o n s h a l l b e d e c l a r e d o r p a i d o n t h e Co m m o n S t o c k o r a n y o t h e r s h a r e s o f J u n i o r S t o c k ( o t h e r t h a n d i v i d e n d s p a y a b l e s o l e l y i n s h a r e s o f Co m m o n S t o c k ) o r P a r i t y S t o c k , s u b j e c t t o t h e i m m e d i a t e l y f o l l o wi n g p a r a g r a p h i n t h e c a s e o f P a r i t y S t o c k , a n d n o Co m m o n S t o c k , J u n i o r S t o c k o r P a r i t y S t o c k s h a l l b e , d i r e c t l y o r i n d i r e c t l y , p u r c h a s e d , r e d e e m e d o r o t h e r wi s e a c q u i r e d f o r c o n s i d e r a t i o n b y t h e I s s u e r o r a n y o f i t s s u b s i d i a r i e s u n l e s s a l l a c c r u e d a n d u n p a i d d i v i d e n d s f o r a l l p a s t Di v i d e n d P e r i o d s , i n c l u d i n g t h e l a t e s t c o m p l e t e d Di v i d e n d P e r i o d ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) , o n a l l o u t s t a n d i n g s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k h a v e b e e n o r a r e c o n t e m p o r a n e o u s l y d e c l a r e d a n d p a i d i n f u l l ( o r h a v e b e e n d e c l a r e d a n d a s u m s u f f i c i e n t f o r t h e p a y m e n t t h e r e o f h a s b e e n s e t a s i d e f o r t h e b e n e f i t o f t h e h o l d e r s o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k o n t h e a p p l i c a b l e r e c o r d d a t e ) . T h e f o r e g o i n g l i m i t a t i o n s h a l l n o t a p p l y t o ( i ) r e d e m p t i o n s , p u r c h a s e s o r . o t h e r a c q u i s i t i o n s o f s h a r e s o f Co m m o n S t o c k o r o t h e r J u n i o r S t o c k i n c o n n e c t i o n wi t h t h e a d m i n i s t r a t i o n . o f a n y e m p l o y e e b e n e f i t p l a n i n t h e o r d i n a r y c o u r s e o f b u s i n e s s a n d c o n s i s t e n t wi t h p a s t p r a c t i c e ; ( i i ) t h e a c q u i s i t i o n b y t h e I s s u e r o r a n y o f i t s s u b s i d i a r i e s o f r e c o r d o wn e r s h i p i n J u n i o r S t o c k o r P a r i t y S t o c k f o r t h e b e n e f i c i a l o wn e r s h i p o f a n y o t h e r p e r s o n s ( o t h e r t h a n t h e I s s u e r o r a n y o f i t s s u b s i d i a r i e s ) , i n c l u d i n g a s t r u s t e e s o r c u s t o d i a n s ; a n d ( i i i ) t h e e x c h a n g e o r c o n v e r s i o n o f J u n i o r S t o c k f o r o r i n t o o t h e r J u n i o r S t o c k o r o f P a r i t y S t o c k f o r o r i n t o o t h e r P a r i t y S t o c k ( wi t h t h e s a m e o r l e s s e r a g g r e g a t e l i q u i d a t i o n a m o u n t ) o r J u n i o r S t o c k , i n e a c h c a s e , s o l e l y t o t h e e x t e n t r e q u i r e d p u r s u a n t t o b i n d i n g c o n t r a c t u a l a g r e e m e n t s e n t e r e d i n t o p r i o r t o t h e S i g n i n g Da t e o r a n y s u b s e q u e n t a g r e e m e n t f o r t h e a c c e l e r a t e d e x e r c i s e , s e t t l e m e n t o r e x c h a n g e t h e r e o f f o r Co m m o n S t o c k . W h e n d i v i d e n d s a r e n o t p a i d ( o r d e c l a r e d a n d a s u m s u f f i c i e n t f o r p a y m e n t t h e r e o f s e t a s i d e f o r t h e b e n e f i t o f t h e h o l d e r s t h e r e o f o n t h e a p p l i c a b l e r e c o r d d a t e ) o n a n y Di v i d e n d P a y m e n t Da t e ( o r , i n t h e c a s e o f P a r i t y S t o c k h a v i n g d i v i d e n d p a y m e n t d a t e s d i f f e r e n t f r o m t h e Di v i d e n d P a y m e n t Da t e s , o n a d i v i d e n d p a y m e n t d a t e f a l l i n g wi t h i n a Di v i d e n d P e r i o d r e l a t e d t o s u c h Di v i d e n d P a y m e n t Da t e ) i n f u l l u p o n De s i g n a t e d P r e f e r r e d S t o c k a n d a n y s h a r e s o f P a r i t y S t o c k , a l l d i v i d e n d s d e c l a r e d o n De s i g n a t e d P r e f e r r e d S t o c k a n d a l l s u c h P a r i t y S t o c k a n d p a y a b l e o n s u c h Di v i d e n d P a y m e n t Da t e ( o r , i n t h e c a s e o f P a r i t y S t o c k h a v i n g d i v i d e n d

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() p a y m e n t d a t e s d i f f e r e n t f r o m t h e Di v i d e n d P a y m e n t Da t e s , o n a d i v i d e n d p a y m e n t d a t e f a l l i n g wi t h i n t h e Di v i d e n d P e r i o d r e l a t e d t o s u c h Di v i d e n d P a y m e n t Da t e ) s h a l l b e d e c l a r e d p r o r a t a s o t h a t t h e r e s p e c t i v e a m o u n t s o f s u c h d i v i d e n d s d e c l a r e d s h a l l b e a r t h e s a m e r a t i o t o e a c h o t h e r a s a l l a c c r u e d a n d u n p a i d d i v i d e n d s p e r s h a r e o n t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) a n d a l l P a r i t y S t o c k p a y a b l e o n s u c h Di v i d e n d P a y m e n t Da t e ( o r , i n t h e c a s e o f P a r i t y S t o c k h a v i n g d i v i d e n d p a y m e n t d a t e s d i f f e r e n t f r o m t h e Di v i d e n d P a y m e n t Da t e s , o n a d i v i d e n d p a y m e n t d a t e f a l l i n g wi t h i n t h e Di v i d e n d P e r i o d r e l a t e d t o s u c h Di v i d e n d P a y m e n t Da t e ) ( s u b j e c t t o t h e i r h a v i n g b e e n ’ d e c l a r e d b y t h e Bo a r d o f Di r e c t o r s o r a d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s o u t o f l e g a l l y a v a i l a b l e f u n d s a n d i n c l u d i n g , i n t h e c a s e o f P a r i t y S t o c k t h a t b e a r s c u m u l a t i v e d i v i d e n d s , a l l a c c r u e d b u t u n p a i d d i v i d e n d s ) b e a r t o e a c h o t h e r . I f t h e Bo a r d o f Di r e c t o r s o r a d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s d e t e r m i n e s n o t t o p a y a n y d i v i d e n d o r a f u l l d i v i d e n d o n a Di v i d e n d P a y m e n t Da t e , t h e I s s u e r wi l l p r o v i d e wr i t t e n n o t i c e t o t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k p r i o r t o s u c h Di v i d e n d P a y m e n t Da t e . S u b j e c t t o t h e f o r e g o i n g , a n d n o t o t h e r wi s e , s u c h d i v i d e n d s ( p a y a b l e i n c a s h , s e c u r i t i e s o r o t h e r p r o p e r t y ) a s m a y b e d e t e r m i n e d b y t h e Bo a r d o f Di r e c t o r s o r a n y d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s m a y b e d e c l a r e d a n d p a i d o n a n y s e c u r i t i e s , i n c l u d i n g Co m m o n S t o c k a n d o t h e r J u n i o r S t o c k , f r o m t i m e t o t i m e o u t o f a n y f u n d s l e g a l l y a v a i l a b l e f o r s u c h p a y m e n t , a n d h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l n o t b e e n t i t l e d t o p a r t i c i p a t e i n a n y s u c h d i v i d e n d s . S e c t i o n 4 . L i q u i d a t i o n Ri g h t s . Vo l u n t a r y o r I n v o l u n t a r y L i q u i d a t i o n , I n t h e e v e n t o f a n y l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e a f f a i r s o f t h e I s s u e r , wh e t h e r v o l u n t a r y o r i n v o l u n t a r y , h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e e n t i t l e d t o r e c e i v e f o r e a c h s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k , o u t o f t h e a s s e t s o f t h e I s s u e r o r p r o c e e d s t h e r e o f ( wh e t h e r c a p i t a l o r s u r p l u s ) a v a i l a b l e f o r d i s t r i b u t i o n t o s t o c k h o l d e r s o f t h e I s s u e r , s u b j e c t t o t h e r i g h t s o f a n y c r e d i t o r s o f t h e I s s u e r , b e f o r e a n y d i s t r i b u t i o n o f s u c h a s s e t s o r p r o c e e d s i s m a d e t o o r s e t a s i d e f o r t h e h o l d e r s o f Co m m o n S t o c k a n d a n y o t h e r s t o c k o f t h e I s s u e r r a n k i n g j u n i o r t o De s i g n a t e d P r e f e r r e d S t o c k a s t o s u c h d i s t r i b u t i o n , p a y m e n t i n f u l l i n a n a m o u n t e q u a l t o t h e s u m o f ( i ) t h e L i q u i d a t i o n Am o u n t p e r s h a r e a n d ( i i ) t h e a m o u n t o f a n y a c c r u e d a n d u n p a i d d i v i d e n d s ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) , wh e t h e r o r n o t d e c l a r e d , t o t h e d a t e o f p a y m e n t ( s u c h a m o u n t s c o l l e c t i v e l y , t h e “ L i q u i d a t i o n P r e f e r e n c e ” ) . P a r t i a l P a y m e n t . I f i n a n y d i s t r i b u t i o n d e s c r i b e d i n S e c t i o n 4 ( a ) a b o v e t h e a s s e t s o f t h e I s s u e r o r p r o c e e d s t h e r e o f a r e n o t s u f f i c i e n t t o p a y i n f u l l t h e a m o u n t s p a y a b l e wi t h r e s p e c t t o a l l o u t s t a n d i n g s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a n d t h e c o r r e s p o n d i n g a m o u n t s p a y a b l e wi t h r e s p e c t o f a n y o t h e r s t o c k o f t h e I s s u e r r a n k i n g e q u a l l y wi t h De s i g n a t e d P r e f e r r e d S t o c k a s t o s u c h d i s t r i b u t i o n , h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k a n d t h e h o l d e r s o f s u c h o t h e r s t o c k s h a l l s h a r e r a t a b l y i n a n y s u c h d i s t r i b u t i o n i n p r o p o r t i o n t o t h e f u l l r e s p e c t i v e d i s t r i b u t i o n s t o wh i c h t h e y a r e e n t i t l e d . Re s i d u a l Di s t r i b u t i o n s . I f t h e L i q u i d a t i o n P r e f e r e n c e h a s b e e n p a i d i n f u l l t o a l l h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k a n d t h e c o r r e s p o n d i n g a m o u n t s p a y a b l e wi t h r e s p e c t o f a n y o t h e r s t o c k o f t h e I s s u e r r a n k i n g e q u a l l y wi t h De s i g n a t e d P r e f e r r e d S t o c k a s t o s u c h

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() d i s t r i b u t i o n h a s b e e n p a i d i n f u l l , t h e h o l d e r s o f o t h e r s t o c k o f t h e I s s u e r s h a l l b e e n t i t l e d t o r e c e i v e a l l r e m a i n i n g a s s e t s o f t h e I s s u e r ( o r p r o c e e d s t h e r e o f ) a c c o r d i n g t o t h e i r r e s p e c t i v e r i g h t s a n d p r e f e r e n c e s . ( d ) M e r g e r , Co n s o l i d a t i o n a n d S a l e o f As s e t s No t L i q u i d a t i o n . F o r p u r p o s e s o f t h i s S e c t i o n 4 , d i e m e r g e r o r c o n s o l i d a t i o n o f t h e I s s u e r wi t h a n y o t h e r c o r p o r a t i o n o r o t h e r e n t i t y , i n c l u d i n g a m e r g e r o r c o n s o l i d a t i o n i n wh i c h t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k r e c e i v e c a s h , s e c u r i t i e s o r o t h e r p r o p e r t y f o r t h e i r I s s u e r , s h a l l n o t c o n s t i t u t e a l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e I s s u e r . S e c t i o n 5 . Re d e m p t i o n . ( a ) Op t i o n a l Re d e m p t i o n . E x c e p t a s p r o v i d e d b e l o w, t h e De s i g n a t e d P r e f e r r e d S t o c k m a y n o t b e r e d e e m e d p r i o r t o t h e l a t e r o f ( i ) f i r s t Di v i d e n d P a y m e n t Da t e f a l l i n g o n o r a f t e r t h e t h i r d a n n i v e r s a r y o f t h e Or i g i n a l I s s u e Da t e ; a n d ( i i ) t h e d a t e o n wh i c h a l l o u t s t a n d i n g s h a r e s o f US T P r e f e r r e d S t o c k h a v e b e e n r e d e e m e d , r e p u r c h a s e d o r o t h e r wi s e a c q u i r e d b y t h e I s s u e r . On o r a f t e r t h e f i r s t Di v i d e n d P a y m e n t Da t e f a l l i n g o n o r Ba n k i n g Ag e n c y , m a y r e d e e m , i n wh o l e o r i n p a r t , a t a n y t i m e a n d f r o m t i m e t o t i m e , o u t o f f u n d s l e g a l l y a v a i l a b l e t h e r e f o r e , t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a t t h e t i m e o u t s t a n d i n g , u p o n n o t i c e g i v e n a s p r o v i d e d i n S e c t i o n 5 ( c ) b e l o w, a t a r e d e m p t i o n p r i c e e q u a l t o t h e s u m o f ( i ) t h e L i q u i d a t i o n Am o u n t p e r s h a r e a n d ( i i ) e x c e p t a s o t h e r wi s e p r o v i d e d b e l o w, a n y a c c r u e d a n d u n p a i d d i v i d e n d s ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) ( r e g a r d l e s s o f wh e t h e r a n y d i v i d e n d s a r e P a y m e n t Da t e f a l l i n g o n o r a f t e r t h e t h i r d a n n i v e r s a r y o f t h e Or i g i n a l I s s u e Da t e , t h e I s s u e r , a t i t s o p t i o n , s u b j e c t t o t h e a p p r o v a l o f t h e Ap p r o p r i a t e F e d e r a l Ba n k i n g Ag e n c y a n d s u b j e c t t o t h e r e q u i r e m e n t t h a t a l l o u t s t a n d i n g s h a r e s o f US T P r e f e r r e d S t o c k s h a l l p r e v i o u s l y h a v e b e e n r e d e e m e d , r e p u r c h a s e d o r o t h e r wi s e a c q u i r e d b y t h e I s s u e r , m a y r e d e e m , i n wh o l e o r i n p a r t , a t a n y t i m e a n d f r o m t i m e t o t i m e , t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a t t h e t i m e o u t s t a n d i n g , u p o n n o t i c e g i v e n a s p r o v i d e d i n S e c t i o n 5 ( c ) b e l o w, a c c r u e d a n d u n p a i d d i v i d e n d s ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) ( r e g a r d l e s s o f wh e t h e r a n y d i v i d e n d s a r e a c t u a l l y d e c l a r e d ) t o , b u t e x c l u d i n g , t h e d a t e f i x e d f o r r e d e m p t i o n ; p r o v i d e d t h a t ( x ) t h e I s s u e r ( o r a n y s u c c e s s o r b y Bu s i n e s s Co m b i n a t i o n ) h a s r e c e i v e d a g g r e g a t e g r o s s p r o c e e d s o f n o t l e s s t h a n t h e M i n i m u m Am o u n t ( p l u s t h e “ M i n i m u m Am o u n t ” a s d e f i n e d i n t h e r e l e v a n t c e r t i f i c a t e o f d e s i g n a t i o n s f o r e a c h o t h e r o u t s t a n d i n g s e r i e s o f p r e f e r r e d s t o c k o f s u c h s u c c e s s o r t h a t T r o u b l e d As s e t Re l i e f P r o g r a m Ca p i t a l P u r c h a s e P r o g r a m ) f r o m o n e o r m o r e Qu a l i f i e d E q u i t y Of f e r i n g s ( i n c l u d i n g Qu a l i f i e d E q u i t y Of f e r i n g s o f s u c h s u c c e s s o r ) , a n d ( y ) t h e a g g r e g a t e r e d e m p t i o n p r i c e o f t h e De s i g n a t e d P r e f e r r e d S t o c k ( a n d a n y S u c c e s s o r P r e f e r r e d S t o c k ) r e d e e m e d p u r s u a n t t o t h i s p a r a g r a p h m a y n o t e x c e e d t h e a g g r e g a t e n e t c a s h p r o c e e d s r e c e i v e d b y t h e I s s u e r ( o r a n y

s har es , or t he s al e, l eas e or exchange ( f or cas h, s ecur i t i es or ot her pr oper t y) of al l or s ubs t ant i al l y al l of t he as s et s of t he a f t e r t h e t h i r d a n n i v e r s a r y o f t h e Or i g i n a l I s s u e Da t e , t h e I s s u e r , a t i t s o p t i o n , s u b j e c t t o t h e a p p r o v a l o f t h e Ap p r o p r i a t e F e d e r a l a c t u a l l y d e c l a r e d ) t o , b u t e x c l u d i n g , t h e d a t e f i x e d f o r r e d e m p t i o n . No t wi t h s t a n d i n g t h e f o r e g o i n g , p r i o r t o t h e f i r s t Di v i d e n d a t a r e d e m p t i o n p r i c e e q u a l t o t h e s u m o f ( i ) t h e L i q u i d a t i o n Am o u n t p e r s h a r e a n d ( i i ) e x c e p t a s o t h e r wi s e p r o v i d e d b e l o w, a n y wa s o r i g i n a l l y i s s u e d t o t h e Un i t e d S t a t e s De p a r t m e n t o f t h e T r e a s u r y ( t h e “ S u c c e s s o r P r e f e r r e d S t o c k ” ) i n c o n n e c t i o n wi t h t h e

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() s u c c e s s o r b y Bu s i n e s s Co m b i n a t i o n ) f r o m s u c h Qu a l i f i e d E q u i t y Of f e r i n g s ( i n c l u d i n g Qu a l i f i e d E q u i t y Of f e r i n g s o f s u c h s u c c e s s o r ) . T h e r e d e m p t i o n p r i c e f o r a n y s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e p a y a b l e o n t h e r e d e m p t i o n d a t e t o t h e h o l d e r o f s u c h s h a r e s a g a i n s t s u r r e n d e r o f t h e c e r t i f i c a t e ( s ) e v i d e n c i n g s u c h s h a r e s t o t h e I s s u e r o r i t s a g e n t . An y d e c l a r e d b u t u n p a i d d i v i d e n d s p a y a b l e o n a r e d e m p t i o n d a t e t h a t o c c u r s s u b s e q u e n t t o t h e Di v i d e n d Re c o r d Da t e f o r a Di v i d e n d P e r i o d s h a l l n o t b e p a i d t o t h e h o l d e r e n t i t l e d t o r e c e i v e t h e r e d e m p t i o n p r i c e o n t h e r e d e m p t i o n d a t e , b u t r a t h e r s h a l l b e p a i d t o t h e h o l d e r o f r e c o r d o f t h e r e d e e m e d s h a r e s o n s u c h Di v i d e n d Re c o r d Da t e r e l a t i n g t o t h e Di v i d e n d P a y m e n t Da t e a s p r o v i d e d i n S e c t i o n 3 a b o v e . No S i n k i n g F u n d . T h e De s i g n a t e d P r e f e r r e d S t o c k wi l l n o t b e s u b j e c t t o a n y m a n d a t o r y r e d e m p t i o n , s i n k i n g f u n d o r o t h e r s i m i l a r p r o v i s i o n s . Ho l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k wi l l h a v e n o r i g h t t o r e q u i r e r e d e m p t i o n o r r e p u r c h a s e o f a n y s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k . No t i c e o f Re d e m p t i o n . No t i c e o f e v e r y r e d e m p t i o n o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e g i v e n b y f i r s t c l a s s m a i l , p o s t a g e p r e p a i d , a d d r e s s e d t o t h e h o l d e r s o f r e c o r d o f t h e s h a r e s t o b e r e d e e m e d a t t h e i r r e s p e c t i v e l a s t a d d r e s s e s a p p e a r i n g o n t h e b o o k s o f t h e I s s u e r . S u c h m a i l i n g s h a l l b e a t l e a s t 3 0 d a y s a n d n o t m o r e t h a n 6 0 d a y s b e f o r e t h e d a t e f i x e d f o r r e d e m p t i o n . An y n o t i c e m a i l e d a s p r o v i d e d i n t h i s S u b s e c t i o n s h a l l b e c o n c l u s i v e l y p r e s u m e d t o h a v e b e e n d u l y g i v e n , wh e t h e r o r n o t t h e h o l d e r r e c e i v e s s u c h n o t i c e , b u t f a i l u r e d u l y t o g i v e s u c h n o t i c e b y m a i l , o r a n y d e f e c t i n s u c h n o t i c e o r i n t h e m a i l i n g t h e r e o f , t o a n y h o l d e r o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k d e s i g n a t e d f o r r e d e m p t i o n s h a l l n o t a f f e c t t h e v a l i d i t y o f t h e p r o c e e d i n g s f o r t h e r e d e m p t i o n o f a n y o t h e r s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k . No t wi t h s t a n d i n g t h e f o r e g o i n g , i f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a r e i s s u e d i n b o o k - e n t r y f o r m t h r o u g h T h e De p o s i t o r y T r u s t Co m p a n y o r a n y o t h e r s i m i l a r f a c i l i t y , n o t i c e o f r e d e m p t i o n m a y b e g i v e n t o t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k a t s u c h t i m e a n d i n a n y m a n n e r p e r m i t t e d b y s u c h f a c i l i t y . E a c h n o t i c e o f r e d e m p t i o n g i v e n t o a h o l d e r s h a l l s t a t e : ( 1 ) t h e r e d e m p t i o n d a t e ; ( 2 ) t h e n u m b e r o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k t o b e r e d e e m e d a n d , i f l e s s t h a n a l l t h e s h a r e s h e l d b y s u c h h o l d e r a r e t o b e r e d e e m e d , t h e n u m b e r o f s u c h s h a r e s t o b e r e d e e m e d f r o m s u c h h o l d e r ; ( 3 ) t h e r e d e m p t i o n p r i c e ; a n d ( 4 ) t h e p l a c e o r p l a c e s wh e r e c e r t i f i c a t e s f o r s u c h s h a r e s a r e t o b e s u r r e n d e r e d f o r p a y m e n t o f t h e r e d e m p t i o n p r i c e . P a r t i a l Re d e m p t i o n . I n c a s e o f a n y r e d e m p t i o n o f p a r t o f t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a t t h e t i m e o u t s t a n d i n g , t h e s h a r e s t o b e r e d e e m e d s h a l l b e s e l e c t e d e i t h e r p r o r a t a o r i n s u c h o t h e r m a n n e r a s t h e Bo a r d o f Di r e c t o r s o r a d u l y a u t h o r i z e d c o m m i t t e e t h e r e o f m a y d e t e r m i n e t o b e f a i r a n d e q u i t a b l e . S u b j e c t t o t h e p r o v i s i o n s h e r e o f , t h e Bo a r d o f Di r e c t o r s o r a d u l y a u t h o r i z e d c o m m i t t e e t h e r e o f s h a l l h a v e f u l l p o we r a n d a u t h o r i t y t o p r e s c r i b e t h e t e r m s a n d c o n d i t i o n s u p o n wh i c h s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e r e d e e m e d f r o m t i m e t o t i m e . I f f e we r t h a n a l l t h e s h a r e s r e p r e s e n t e d b y a n y c e r t i f i c a t e a r e r e d e e m e d , a n e w c e r t i f i c a t e s h a l l b e i s s u e d r e p r e s e n t i n g t h e u n r e d e e m e d s h a r e s wi t h o u t c h a r g e t o t h e h o l d e r t h e r e o f . E f f e c t i v e n e s s o f Re d e m p t i o n . I f n o t i c e o f r e d e m p t i o n h a s b e e n d u l y g i v e n a n d i f o n o r b e f o r e t h e r e d e m p t i o n d a t e s p e c i f i e d i n t h e n o t i c e a l l f u n d s n e c e s s a r y f o r t h e r e d e m p t i o n h a v e b e e n d e p o s i t e d b y t h e I s s u e r , i n t r u s t f o r t h e p r o r a t a b e n e f i t o f t h e h o l d e r s o f t h e s h a r e s c a l l e d f o r r e d e m p t i o n , wi t h a b a n k o r t r u s t c o m p a n y d o i n g b u s i n e s s i n t h e Bo r o u g h o f

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() M a n h a t t a n , T h e Ci t y o f Ne w Yo r k , a n d h a v i n g a c a p i t a l a n d s u r p l u s o f a t l e a s t $ 5 0 0 m i l l i o n a n d s e l e c t e d b y t h e Bo a r d o f Di r e c t o r s , s o a s t o b e a n d c o n t i n u e t o b e a v a i l a b l e s o l e l y t h e r e f o r , t h e n , n o t wi t h s t a n d i n g t h a t a n y c e r t i f i c a t e f o r a n y s h a r e s o c a l l e d f o r r e d e m p t i o n h a s n o t b e e n s u r r e n d e r e d f o r c a n c e l l a t i o n , o n a n d a f t e r t h e r e d e m p t i o n d a t e d i v i d e n d s s h a l l c e a s e t o a c c r u e o n a l l s h a r e s s o c a l l e d f o r r e d e m p t i o n , a l l s h a r e s s o c a l l e d f o r r e d e m p t i o n s h a l l n o l o n g e r b e d e e m e d o u t s t a n d i n g a n d a l l r i g h t s wi t h r e s p e c t t o s u c h s h a r e s s h a l l f o r t h wi t h o n s u c h r e d e m p t i o n d a t e c e a s e a n d t e r m i n a t e , e x c e p t o n l y t h e r i g h t o f t h e h o l d e r s t h e r e o f t o r e c e i v e t h e a m o u n t p a y a b l e o n s u c h r e d e m p t i o n f r o m s u c h b a n k o r t r u s t c o m p a n y , wi t h o u t i n t e r e s t . An y . f u n d s u n c l a i m e d a t t h e e n d o f t h r e e y e a r s f r o m t h e r e d e m p t i o n d a t e s h a l l , t o t h e e x t e n t p e r m i t t e d b y l a w, b e r e l e a s e d t o t h e I s s u e r , a f t e r wh i c h t i m e t h e h o l d e r s o f t h e s h a r e s s o c a l l e d f o r r e d e m p t i o n s h a l l l o o k o n l y t o t h e I s s u e r f o r p a y m e n t o f t h e r e d e m p t i o n p r i c e o f s u c h s h a r e s . ( f ) S t a t u s o f Re d e e m e d S h a r e s . S h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k t h a t a r e r e d e e m e d , r e p u r c h a s e d o r o t h e r wi s e a c q u i r e d b y t h e I s s u e r s h a l l r e v e r t t o a u t h o r i z e d b u t u n i s s u e d s h a r e s o f P r e f e r r e d S t o c k ( p r o v i d e d t h a t a n y s u c h c a n c e l l e d s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k m a y b e r e i s s u e d o n l y a s s h a r e s o f a n y s e r i e s o f P r e f e r r e d S t o c k o t h e r t h a n De s i g n a t e d P r e f e r r e d S t o c k ) . S e c t i o n 6 . Co n v e r s i o n . Ho l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a r e s s h a l l h a v e n o r i g h t t o e x c h a n g e o r c o n v e r t s u c h s h a r e s i n t o a n y o t h e r s e c u r i t i e s . S e c t i o n 7 . Vo t i n g Ri g h t s . Ge n e r a l . T h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l n o t h a v e a n y v o t i n g r i g h t s e x c e p t a s s e t f o r t h b e l o w o r a s o t h e r wi s e f r o m t i m e t o t i m e r e q u i r e d b y l a w. P r e f e r r e d S t o c k Di r e c t o r s . W h e n e v e r , a t a n y t i m e o r t i m e s , d i v i d e n d s p a y a b l e o n t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k h a v e n o t b e e n p a i d f o r a n a g g r e g a t e o f s i x q u a r t e r l y Di v i d e n d P e r i o d s o r m o r e , wh e t h e r o r n o t c o n s e c u t i v e , t h e a u t h o r i z e d n u m b e r o f d i r e c t o r s o f t h e I s s u e r s h a l l a u t o m a t i c a l l y b e i n c r e a s e d b y t wo a n d t h e h o l d e r s o f t h e De s i g n a t e d P r e f e r r e d S t o c k s h a l l h a v e t h e r i g h t , wi t h h o l d e r s o f s h a r e s o f a n y o n e o r m o r e o t h e r c l a s s e s o r s e r i e s o f Vo t i n g P a r i t y S t o c k o u t s t a n d i n g a t t h e t i m e , v o t i n g t o g e t h e r a s a c l a s s , t o e l e c t t wo d i r e c t o r s ( h e r e i n a f t e r t h e P r e f e r r e d Di r e c t o r s ” a n d e a c h a “ P r e f e r r e d Di r e c t o r ” ) t o f i l l s u c h n e wl y c r e a t e d d i r e c t o r s h i p s a t t h e I s s u e r ’ s n e x t a n n u a l m e e t i n g o f s t o c k h o l d e r s ( o r a t a s p e c i a l m e e t i n g c a l l e d f o r t h a t p u r p o s e p r i o r t o s u c h n e x t a n n u a l m e e t i n g ) a n d a t e a c h s u b s e q u e n t a n n u a l m e e t i n g o f s t o c k h o l d e r s u n t i l a l l a c c r u e d a n d u n p a i d d i v i d e n d s f o r a l l p a s t Di v i d e n d P e r i o d s , i n c l u d i n g t h e l a t e s t c o m p l e t e d Di v i d e n d P e r i o d ( i n c l u d i n g , i f a p p l i c a b l e a s p r o v i d e d i n S e c t i o n 3 ( a ) a b o v e , d i v i d e n d s o n s u c h a m o u n t ) , o n a l l o u t s t a n d i n g s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k h a v e b e e n d e c l a r e d a n d p a i d i n f u l l a t wh i c h t i m e s u c h r i g h t s h a l l t e r m i n a t e wi t h r e s p e c t t o t h e De s i g n a t e d P r e f e r r e d S t o c k , e x c e p t a s h e r e i n o r b y l a w e x p r e s s l y p r o v i d e d , s u b j e c t t o r e v e s t i n g i n t h e e v e n t o f e a c h a n d e v e r y s u b s e q u e n t d e f a u l t o f t h e c h a r a c t e r a b o v e m e n t i o n e d ; p r o v i d e d t h a t i t s h a l l b e a q u a l i f i c a t i o n f o r e l e c t i o n f o r a n y P r e f e r r e d Di r e c t o r t h a t t h e e l e c t i o n o f s u c h P r e f e r r e d Di r e c t o r s h a l l n o t c a u s e t h e I s s u e r t o v i o l a t e a n y c o r p o r a t e g o v e r n a n c e r e q u i r e m e n t s o f a n y s e c u r i t i e s e x c h a n g e o r o t h e r t r a d i n g f a c i l i t y o n wh i c h s e c u r i t i e s o f t h e I s s u e r m a y t h e n b e l i s t e d o r t r a d e d t h a t l i s t e d o r t r a d e d c o m p a n i e s m u s t h a v e a m a j o r i t y o f i n d e p e n d e n t d i r e c t o r s . Up o n a n y t e r m i n a t i o n o f t h e r i g h t o f t h e h o l d e r s o f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a n d Vo t i n g P a r i t y S t o c k a s a c l a s s t o v o t e f o r d i r e c t o r s a s p r o v i d e d a b o v e , t h e P r e f e r r e d Di r e c t o r s s h a l l c e a s e t o b e

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() q u a l i f i e d a s d i r e c t o r s , t h e t e r m o f o f f i c e o f a l l P r e f e r r e d Di r e c t o r s t h e n i n o f f i c e s h a l l t e r m i n a t e i m m e d i a t e l y a n d t h e a u t h o r i z e d n u m b e r o f d i r e c t o r s s h a l l b e r e d u c e d b y t h e n u m b e r o f P r e f e r r e d Di r e c t o r s e l e c t e d p u r s u a n t h e r e t o . An y P r e f e r r e d Di r e c t o r m a y b e r e m o v e d a t a n y t i m e , wi t h o r wi t h o u t c a u s e , a n d a n y v a c a n c y c r e a t e d t h e r e b y m a y b e f i l l e d , o n l y b y t h e a f f i r m a t i v e v o t e o f t h e h o l d e r s a m a j o r i t y o f t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a t t h e t i m e o u t s t a n d i n g v o t i n g s e p a r a t e l y a s a c l a s s t o g e t h e r wi t h t h e h o l d e r s o f s h a r e s o f Vo t i n g P a r i t y S t o c k , t o t h e e x t e n t t h e v o t i n g r i g h t s o f s u c h h o l d e r s d e s c r i b e d a b o v e a r e t h e n e x e r c i s a b l e . I f t h e o f f i c e o f a n y P r e f e r r e d Di r e c t o r b e c o m e s v a c a n t f o r a n y r e a s o n o t h e r t h a n r e m o v a l f r o m o f f i c e a s a f o r e s a i d , t h e r e m a i n i n g P r e f e r r e d Di r e c t o r m a y c h o o s e a s u c c e s s o r wh o s h a l l h o l d o f f i c e f o r t h e u n e x p i r e d t e r m i n r e s p e c t o f wh i c h s u c h v a c a n c y o c c u r r e d . ( c ) Cl a s s Vo t i n g Ri g h t s a s t o P a r t i c u l a r M a t t e r s . S o l o n g a s a n y s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a r e o u t s t a n d i n g , i n a d d i t i o n t o a n y o t h e r v o t e o r c o n s e n t o f s t o c k h o l d e r s r e q u i r e d b y l a w o r b y t h e Ch a r t e r , t h e v o t e o r c o n s e n t o f t h e h o l d e r s o f a t l e a s t 6 6 2 / 3 % o f t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a t t h e t i m e o u t s t a n d i n g , v o t i n g a s a s e p a r a t e c l a s s , g i v e n i n p e r s o n o r b y p r o x y , e i t h e r i n wr i t i n g wi t h o u t a m e e t i n g o r b y v o t e a t a n y m e e t i n g c a l l e d f o r t h e p u r p o s e , s h a l l b e n e c e s s a r y f o r e f f e c t i n g o r v a l i d a t i n g : ( i ) Au t h o r i z a t i o n o f S e n i o r S t o c k . An y a m e n d m e n t o r a l t e r a t i o n o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s f o r t h e De s i g n a t e d P r e f e r r e d S t o c k o r t h e Ch a r t e r t o a u t h o r i z e o r c r e a t e o r i n c r e a s e t h e a u t h o r i z e d a m o u n t o f , o r a n y i s s u a n c e o f , a n y s h a r e s o f , o r a n y s e c u r i t i e s c o n v e r t i b l e i n t o o r e x c h a n g e a b l e o r e x e r c i s a b l e f o r s h a r e s o f , a n y c l a s s o r s e r i e s o f c a p i t a l s t o c k o f t h e I s s u e r r a n k i n g s e n i o r t o De s i g n a t e d P r e f e r r e d S t o c k wi t h r e s p e c t t o e i t h e r o r b o t h t h e p a y m e n t o f d i v i d e n d s a n d / o r t h e d i s t r i b u t i o n o f a s s e t s o n a n y l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e I s s u e r ; ( i i ) Am e n d m e n t o f De s i g n a t e d P r e f e r r e d S t o c k . An y a m e n d m e n t , a l t e r a t i o n o r r e p e a l o f a n y p r o v i s i o n o f t h e Ce r t i f i c a t e o f De s i g n a t i o n s f o r t h e De s i g n a t e d P r e f e r r e d S t o c k o r t h e Ch a r t e r ( i n c l u d i n g , u n l e s s n o v o t e o n s u c h m e r g e r o r c o n s o l i d a t i o n i s r e q u i r e d b y S e c t i o n 7 ( c ) ( i i i ) b e l o w, a n y a m e n d m e n t , a l t e r a t i o n o r r e p e a l b y m e a n s o f a m e r g e r , c o n s o l i d a t i o n o r o t h e r wi s e ) s o a s t o a d v e r s e l y a f f e c t t h e r i g h t s , p r e f e r e n c e s , p r i v i l e g e s o r v o t i n g p o we r s o f t h e De s i g n a t e d P r e f e r r e d S t o c k ; o r ( i i i ) S h a r e E x c h a n g e s . Re c l a s s i f i c a t i o n s . M e r g e r s a n d Co n s o l i d a t i o n s . An y c o n s u m m a t i o n o f a b i n d i n g s h a r e e x c h a n g e o r r e c l a s s i f i c a t i o n i n v o l v i n g t h e De s i g n a t e d P r e f e r r e d S t o c k , o r o f a m e r g e r o r c o n s o l i d a t i o n o f t h e I s s u e r wi t h a n o t h e r c o r p o r a t i o n o r o t h e r e n t i t y , u n l e s s i n e a c h c a s e ( x ) t h e s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k r e m a i n o u t s t a n d i n g o r , i n t h e c a s e o f a n y s u c h m e r g e r o r c o n s o l i d a t i o n wi t h r e s p e c t t o wh i c h t h e I s s u e r i s n o t t h e s u r v i v i n g o r r e s u l t i n g e n t i t y , a r e c o n v e r t e d i n t o o r e x c h a n g e d f o r p r e f e r e n c e s e c u r i t i e s o f t h e s u r v i v i n g o r r e s u l t i n g e n t i t y o r i t s u l t i m a t e p a r e n t , a n d ( y ) s u c h s h a r e s r e m a i n i n g o u t s t a n d i n g o r s u c h p r e f e r e n c e s e c u r i t i e s , a s t h e c a s e m a y b e , h a v e s u c h r i g h t s , p r e f e r e n c e s , p r i v i l e g e s a n d v o t i n g p o we r s , a n d l i m i t a t i o n s a n d r e s t r i c t i o n s t h e r e o f , t a k e n a s a wh o l e , a s a r e n o t m a t e r i a l l y l e s s f a v o r a b l e t o t h e h o l d e r s t h e r e o f t h a n t h e r i g h t s , p r e f e r e n c e s , p r i v i l e g e s a n d v o t i n g p o we r s , a n d l i m i t a t i o n s a n d r e s t r i c t i o n s t h e r e o f , o f De s i g n a t e d P r e f e r r e d S t o c k i m m e d i a t e l y p r i o r t o s u c h c o n s u m m a t i o n , t a k e n a s a wh o l e ;

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() p r o v i d e d , h o we v e r , t h a t f o r a l l p u r p o s e s o f t h i s S e c t i o n 7 ( c ) , a n y i n c r e a s e i n t h e a m o u n t o f t h e a u t h o r i z e d P r e f e r r e d S t o c k , i n c l u d i n g a n y i n c r e a s e i n t h e a u t h o r i z e d a m o u n t o f De s i g n a t e d P r e f e r r e d S t o c k n e c e s s a r y t o s a t i s f y p r e e m p t i v e o r s i m i l a r r i g h t s g r a n t e d b y t h e I s s u e r t o o t h e r p e r s o n s p r i o r t o t h e S i g n i n g Da t e , o r t h e c r e a t i o n a n d i s s u a n c e , o r a n i n c r e a s e i n t h e a u t h o r i z e d o r i s s u e d a m o u n t , wh e t h e r p u r s u a n t t o p r e e m p t i v e o r s i m i l a r r i g h t s o r o t h e r wi s e , o f a n y o t h e r s e r i e s o f P r e f e r r e d S t o c k , o r a n y s e c u r i t i e s c o n v e r t i b l e i n t o o r e x c h a n g e a b l e o r e x e r c i s a b l e f o r a n y o t h e r s e r i e s o f P r e f e r r e d S t o c k , r a n k i n g e q u a l l y wi t h a n d / o r j u n i o r t o De s i g n a t e d P r e f e r r e d S t o c k wi t h r e s p e c t t o t h e p a y m e n t o f d i v i d e n d s ( wh e t h e r s u c h d i v i d e n d s a r e c u m u l a t i v e o r n o n - c u m u l a t i v e ) a n d t h e d i s t r i b u t i o n o f a s s e t s u p o n l i q u i d a t i o n , d i s s o l u t i o n o r wi n d i n g u p o f t h e I s s u e r wi l l n o t b e d e e m e d t o a d v e r s e l y a f f e c t t h e r i g h t s , p r e f e r e n c e s , p r i v i l e g e s o r v o t i n g p o we r s , a n d s h a l l n o t r e q u i r e t h e a f f i r m a t i v e v o t e o r c o n s e n t o f , t h e h o l d e r s o f o u t s t a n d i n g s h a r e s o f t h e De s i g n a t e d P r e f e r r e d S t o c k . Ch a n g e s a f t e r P r o v i s i o n f o r Re d e m p t i o n . No v o t e o r c o n s e n t o f t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e r e q u i r e d p u r s u a n t t o S e c t i o n 7 ( c ) a b o v e i f , a t o r p r i o r t o t h e t i m e wh e n a n y s u c h v o t e o r c o n s e n t wo u l d o t h e r wi s e b e . r e q u i r e d p u r s u a n t t o s u c h S e c t i o n , a l l o u t s t a n d i n g s h a r e s o f t h e De s i g n a t e d P r e f e r r e d S t o c k s h a l l h a v e b e e n r e d e e m e d , o r s h a l l h a v e b e e n c a l l e d f o r r e d e m p t i o n u p o n p r o p e r n o t i c e a n d s u f f i c i e n t f u n d s s h a l l h a v e b e e n d e p o s i t e d i n t r u s t f o r s u c h r e d e m p t i o n , i n e a c h c a s e p u r s u a n t t o S e c t i o n 5 a b o v e . P r o c e d u r e s f o r Vo t i n g a n d Co n s e n t s . T h e r u l e s a n d p r o c e d u r e s f o r c a l l i n g a n d c o n d u c t i n g a n y m e e t i n g o f t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k ( i n c l u d i n g , wi t h o u t l i m i t a t i o n , t h e f i x i n g o f a r e c o r d d a t e i n c o n n e c t i o n t h e r e wi t h ) , t h e s o l i c i t a t i o n a n d u s e o f p r o x i e s a t s u c h a m e e t i n g , t h e o b t a i n i n g o f wr i t t e n c o n s e n t s a n d a n y o t h e r a s p e c t o r m a t t e r wi t h r e g a r d t o s u c h a m e e t i n g o r s u c h c o n s e n t s s h a l l b e g o v e r n e d b y a n y r u l e s o f t h e Bo a r d o f Di r e c t o r s o r a n y d u l y a u t h o r i z e d c o m m i t t e e o f t h e Bo a r d o f Di r e c t o r s , i n i t s d i s c r e t i o n , m a y a d o p t f r o m t i m e t o t i m e , wh i c h r u l e s a n d p r o c e d u r e s s h a l l c o n f o r m t o t h e r e q u i r e m e n t s o f t h e Ch a r t e r , t h e By l a ws , a n d a p p l i c a b l e l a w a n d t h e r u l e s o f a n y n a t i o n a l s e c u r i t i e s e x c h a n g e o r o t h e r t r a d i n g f a c i l i t y o n wh i c h De s i g n a t e d P r e f e r r e d S t o c k i s l i s t e d o r t r a d e d a t t h e t i m e . S e c t i o n 8 . Re c o r d Ho l d e r s . T o t h e f u l l e s t e x t e n t p e r m i t t e d b y a p p l i c a b l e l a w, t h e I s s u e r a n d t h e t r a n s f e r a g e n t f o r De s i g n a t e d P r e f e r r e d S t o c k m a y d e e m a n d t r e a t t h e r e c o r d h o l d e r o f a n y s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k a s t h e t r u e a n d l a wf u l o wn e r t h e r e o f f o r a l l p u r p o s e s , a n d n e i t h e r t h e I s s u e r n o r s u c h t r a n s f e r a g e n t s h a l l b e a f f e c t e d b y a n y n o t i c e t o t h e c o n t r a r y . S e c t i o n 9 . No t i c e s . Al l n o t i c e s o r c o m m u n i c a t i o n s i n r e s p e c t o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l b e s u f f i c i e n t l y g i v e n i f g i v e n i n wr i t i n g a n d d e l i v e r e d i n p e r s o n o r b y f i r s t c l a s s m a i l , p o s t a g e p r e p a i d , o r i f g i v e n i n s u c h o t h e r m a n n e r a s m a y b e p e r m i t t e d i n t h i s Ce r t i f i c a t e o f De s i g n a t i o n s , i n t h e Ch a r t e r o r By l a ws o r b y a p p l i c a b l e l a w. No t wi t h s t a n d i n g t h e f o r e g o i n g , i f s h a r e s o f De s i g n a t e d P r e f e r r e d S t o c k a r e i s s u e d i n b o o k - e n t r y f o r m t h r o u g h T h e De p o s i t o r y T r u s t Co m p a n y o r a n y s i m i l a r f a c i l i t y , s u c h n o t i c e s m a y b e g i v e n t o t h e h o l d e r s o f De s i g n a t e d P r e f e r r e d S t o c k i n a n y m a n n e r p e r m i t t e d b y s u c h f a c i l i t y . S e c t i o n 1 0 . No P r e e m p t i v e Ri g h t s , No s h a r e o f De s i g n a t e d P r e f e r r e d S t o c k s h a l l h a v e a n y r i g h t s o f p r e e m p t i o n wh a t s o e v e r a s t o a n y s e c u r i t i e s o f t h e I s s u e r , o r a n y wa r r a n t s , r i g h t s o r o p t i o n s i s s u e d o r g r a n t e d wi t h r e s p e c t t h e r e t o , r e g a r d l e s s o f h o w s u c h s e c u r i t i e s , o r s u c h wa r r a n t s , r i g h t s o r o p t i o n s , m a y b e d e s i g n a t e d , i s s u e d o r g r a n t e d .

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() S e c t i o n 1 1 . Re p l a c e m e n t Ce r t i f i c a t e s . T h e I s s u e r s h a l l r e p l a c e a n y qual i f i cat i ons , l i m i t at i ons or r es t r i ct i ons t her eof , ot her t han as

m ut i l at ed cer t i f i cat e s et f or t h her ei n or i n

at t he hol der ’ s expens e upon s ur r ender of t hat t h e Ch a r t e r o r a s p r o v i d e d b y a p p l i c a b l e l a w.

cer t i f i cat e

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evi dence

t hat

t he

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12.

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any

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pr ef er ences ,

pr i vi l eges

or

vot i ng

p o we r s

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par t i ci pat i ng,

opt i onal

or

ot her

s peci al

r i ght s ,

or

Exhibit 4.4 () St oc k

Ce r t i f i c a t e

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() 4 0 , 0 0 0 S e r i e s A P r e f e r r e d * * * T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE NOT S AVI NGS ACCOUNT S . DE P OS I T S OR OT HE R OBL I GAT I ONS OF A BANK AND ARE NOT I NS URE D BY T HE F E DE RAL DE P OS I T I NS URANCE CORP ORAT I ON OR ANY OT HE R GOVE RNM E NT AL AGE NCY. T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT HAVE NOT BE E N RE GI S T E RE D UNDE R T HE S E CURI T I E S ACT OF 1 9 3 3 , AS AM E NDE D ( T HE “ S E CURI T I E S ACT ” ) . OR T HE S E CURI T I E S L AW S OF ANY S T AT E AND M AY NOT BE T RANS F E RRE D, S OL D OR OT HE RW I S E DI S P OS E D OF E XCE P T W HI L E A RE GI S T RAT I ON S T AT E M E NT RE L AT I NG T HE RE T O I S I N E F F E CT UNDE R S UCH ACT AND AP P L I CABL E S T AT E S E CURI T I E S L AW S OR P URS UANT T O AN E XE M P T I ON F ROM RE GI S T RAT I ON UNDE R S UCH ACT OR S UCH L AW S . E ACH P URCHAS E R OF T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT I S NOT I F I E D T HAT T HE S E L L E R M AY BE RE L YI NG ON T HE E XE M P T I ON F ROM S E CT I ON 5 OF T HE S E CURI T I E S ACT P ROVI DE D BY RUL E 1 4 4 A T HE RE UNDE R. ANY T RANS F E RE E OF T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT BY I T S ACCE P T ANCE HE RE OF ( ! ) RE P RE S E NT S T HAT I T I S A “ QUAL I F I E D I NS T I T UT I ONAL BUYE R” ( AS DE F I NE D I N RUL E 1 4 4 A UNDE R T HE S E CURI T I E S ACT ) , ( 2 ) AGRE E S T HAT I T W I L L NOT OF F E R, S E L L OR OT HE RW I S E T RANS F E R T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT E XCE P T ( A) P URS UANT T O A RE GI S T RAT I ON S T AT E M E NT W HI CH I S T HE N E F F E CT I VE UNDE R T HE S E CURI T I E S ACT , ( B) F OR S O L ONG AS T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE E L I GI BL E F OR RE S AL E P URS UANT T O RUL E 1 4 4 A, T O A P E RS ON I T RE AS ONABL Y BE L I E VE S I S A “ QUAL I F I E D I NS T I T UT I ONAL BUYE R” AS DE F I NE D I N RUL E 1 4 4 A UNDE R T HE S E CURI T I E S ACT T HAT P URCHAS E S F OR I T S OW N ACCOUNT OR F OR T HE ACCOUNT OF A QUAL I F I E D I NS T I T UT I ONAL BUYE R T O W HOM NOT I CE I S GI VE N T HAT T HE T RANS F E R I S BE I NG M ADE I N RE L I ANCE ON RUL E 1 4 4 A. ( C) T O T HE I S S UE R OR ( D) P URS UANT T O ANY OT HE R AVAI L ABL E E XE M P T I ON F ROM T HE RE GI S T RAT I ON RE QUI RE M E NT S OF T HE S E CURI T I E S ACT AND ( 3 ) AGRE E S T HAT I T W I L L GI VE T O E ACH P E RS ON T O W HOM T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE T RANS F E RRE D A NOT I CE S UBS T ANT I AL L Y T O T HE E F F E CT OF T HI S L E GE ND. T HI S I NS T RUM E NT I S I S S UE D S UBJ E CT T O T HE RE S T RI CT I ONS ON T RANS F E R AND OT HE R P ROVI S I ONS OF A S E CURI T I E S P URCHAS E AGRE E M E NT BE T W E E N T HE I S S UE R OF T HE S E S E CURI T I E S AND T HE I NVE S T OR RE F E RRE D T O T HE RE I N, A COP Y OF W HI CH I S ON F I L E W I T H T HE I S S UE R. T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT M AY NOT BE S OL D OR OT HE RW I S E T RANS F E RRE D E XCE P T I N COM P L I ANCE W I T H S AI D AGRE E M E NT . ANY S AL E OR OT HE R T RANS F E R NOT I N COM P L I ANCE W I T H S AI D AGRE E M E NT W I L L BE VOI D. RE L I ANCE BANCS HARE S , I NC. W I L L F URNI S H W I T HOUT CHARGE T O E ACH S T OCKHOL DE R W HO S O RE QUE S T S T HE P OW E RS . DE S I GNAT I ONS , P RE F E RE NCE S AND RE L AT I VE . P ART I CI P AT I NG, OP T I ONAL OR OT HE R S P E CI AL RI GHT S OF I T S S E RI E S A P RE F E RRE D S T OCK AND T HE QUAL I F I CAT I ONS , L I M I T AT I ONS OR RE S T RI CT I ONS OF S UCH P RE F E RE NCE S AND/ OR RI GHT S .

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() St oc k

Ce r t i f i c a t e

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() RE L I ANCE BANCS HARE S ,

I NC.

I NCORP ORAT E D T I NDE R T HE L AW S OF T HE S T AT E OF M I S S OURI

F I XE D RAT E CUM UL AT I VE P E RP E T UAL P RE F E RRE D S T OCK.

Un i t e d

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De p a r t m e n t

of

t he

Tr e a s u r y

S E RI E S B —

2, 000. 02

S HARE S —

NO P AR VAL UE

_’

P RE S I DE NT

T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE NOT S AVI NGS ACCOUNT S .

DE P OS I T S OR OT HE R OBL I GAT I ONS OF A BANK AND ARE NOT I NS URE D BY T HE F E DE RAL DE P OS I T I NS URANCE CORP ORAT I ON OR ANY OT HE R GOVE RNM E NT AL AGE NCY. T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT HAVE NOT BE E N RE GI S T E RE D UNDE R T HE S E CURI T I E S ACT OF 1 9 3 3 , AS AM E NDE D ( T HE “ S E CURI T I E S ACT ” ) . OR T HE S E CURI T I E S L AW S OF ANY S T AT E AND M AY NOT BE T RANS F E RRE D, S OL D OR OT HE RW I S E DI S P OS E D OF E XCE P T W HI L E A RE GI S T RAT I ON S T AT E M E NT RE L AT I NG T HE RE T O I S I N E F F E CT UNDE R S UCH ACT AND AP P L I CABL E S T AT E S E CURI T I E S L AW S OR P URS UANT T O AN E XE M P T I ON F ROM RE GI S T RAT I ON UNDE R S UCH ACT OR S UCH L AW S . E ACH P URCHAS E R OF T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT I S NOT I F I E D T HAT T HE S E L L E R M AY BE RE L YI NG ON T HE E XE M P T I ON F ROM S E CT I ON 5 OF T HE S E CURI T I E S ACT P ROVI DE D BY RUL E 1 4 4 A T HE RE UNDE R. ANY T RANS F E RE E OF T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT BY I T S ACCE P T ANCE HE RE OF ( 1 ) RE P RE S E NT S T HAT I T I S A “ QUAL I F I E D I NS T I T UT I ONAL BUYE R” ( AS DE F I NE D I N RUL E 1 4 4 A UNDE R T HE S E CURI T I E S ACT ) , ( 2 ) AGRE E S T HAT I T W I L L NOT OF F E R, S E L L OR OT HE RW I S E T RANS F E R T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT E XCE P T ( A) P URS UANT T O A RE GI S T RAT I ON S T AT E M E NT W HI CH I S T HE N E F F E CT I VE UNDE R T HE S E CURI T I E S ACT , ( B) F OR S O L ONG AS T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE E L I GI BL E F OR RE S AL E P URS UANT T O RUL E 1 4 4 A, T O A P E RS ON I T RE AS ONABL Y BE L I E VE S I S A “ QUAL I F I E D I NS T I T UT I ONAL BUYE R” AS DE F I NE D I N RUL E 1 4 4 A UNDE R T HE S E CURI T I E S ACT T HAT P URCHAS E S F OR I T S OW N ACCOUNT OR F OR T HE ACCOUNT OF A QUAL I F I E D I NS T I T UT I ONAL BUYE R T O W HOM NOT I CE I S GI VE N T HAT T HE T RANS F E R I S BE I NG M ADE I N RE L I ANCE ON RUL E 1 4 4 A, ( C) T O T HE I S S UE R OR ( D) P URS UANT T O ANY OT HE R AVAI L ABL E E XE M P T I ON F ROM T HE RE GI S T RAT I ON RE QUI RE M E NT S OF T HE S E CURI T I E S ACT AND ( 3 ) AGRE E S T HAT I T W I L L GI VE T O E ACH P E RS ON T O W HOM T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT ARE T RANS F E RRE D A NOT I CE S UBS T ANT I AL L Y T O T HE E F F E CT OF T HI S L E GE ND. T HI S I NS T RUM E NT I S I S S UE D S UBJ E CT T O T HE RE S T RI CT I ONS ON T RANS F E R AM D OT HE R P ROVI S I ONS OF A S E CURI T I E S P URCHAS E AGRE E M E NT BE T W E E N T HE I S S UE R OF T HE S E S E CURI T I E S AND T HE I NVE S T OR RE F E RRE D T O T HE RE I N, A COP Y OF W HI CH I S ON F I L E W I T H T HE I S S UE R. T HE S E CURI T I E S RE P RE S E NT E D BY T HI S I NS T RUM E NT M AY NOT BE S OL D OR OT HE RW I S E T RANS F E RRE D E XCE P T I N COM P L I ANCE W I T H S AI D AGRE E M E NT . ANY S AL E OR OT HE R T RANS F E R NOT I N COM P L I ANCE W I T H S AI D AGRE E M E NT W I L L BE VOI D. RE L I ANCE BANCS HARE S , I NC. W I L L F URNI S H W I T HOUT CHARGE T O E ACH S T OCKHOL DE R W HO S O RE QUE S T S T HE P OW E RS . DE S I GNAT I ONS , P RE F E RE NCE S AND RE L AT I VE , P ART I CI P AT I NG, OP T I ONAL OR OT HE R S P E CI AL RI GHT S OF I T S S E RI E S B P RE F E RRE D S T OCK AND T HE QUAL I F I CAT I ONS , L I M I T AT I ONS OR RE S T RI CT I ONS 0 1 - S UCH P RE F E RE NCE S AND/ OR RI GHT S . S t a t e M i s s o u r i S t a t e m e n t o f Co r r e c t i o n 1 3 P a g e ( s ) T 0 9 0 4 2 1 8 0 0 7

of

Exhibit 4.5 ANNEX E FORM OF WARRANT TO PURCHASE PREFERRED STOCK THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT WHILE A REGISTRATION STATEMENT RELATING THERETO IS IN EFFECT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. THIS INSTRUMENT IS ISSUED SUBJECT TO THE RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS OF A SECURITIES PURCHASE AGREEMENT BETWEEN THE ISSUER OF THESE SECURITIES AND THE INVESTOR REFERRED TO THEREIN, A COPY OF WHICH IS ON FILE WITH THE ISSUER. THE SECURITIES REPRESENTED BY THIS INSTRUMENT MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH SAID AGREEMENT. ANY SALE OR OTHER TRANSFER NOT IN COMPLIANCE WITH SAID AGREEMENT WILL BE VOID. WARRANT to purchase 2,000.02 Shares of Preferred Stock Of Reliance Bancshares, Inc. Issue Date: February 13, 2009 1. Definitions. Unless the context otherwise requires, when used herein the following terms shall have the meanings indicated. “Board of Directors” means the board of directors of the Company, including any duly authorized committee thereof. “business day” means any day except Saturday, Sunday and any day on which banking institutions in the State of New York generally are authorized or required by law or other governmental actions to close. “Charter” means, with respect to any Person, its certificate or articles of incorporation, articles of association, or similar organizational document. “Company” means the Person whose name, corporate or other organizational form and jurisdiction of organization is set forth in Item 1 of Schedule A hereto. 1

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“Exchange Act” means the Securities Exchange Act of 1934, as amended, or any successor statute, and the rules and regulations promulgated thereunder. “Exercise Price” means the amount set forth in Item 2 of Schedule A hereto. “Expiration Time” has the meaning set forth in Section 3. “Issue Date” means the date set forth in Item 3 of Schedule A hereto. “Liquidation Amount” means the amount set forth in Item 4 of Schedule A hereto. “Original Warrantholder” means the United States Department of the Treasury. Any actions specified to be taken by the Original Warrantholder hereunder may only be taken by such Person and not by any other Warrantholder. “Person” has the meaning given to it in Section 3(a)(9) of the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act. “Preferred Stock” means the series of perpetual preferred stock set forth in Item 5 of Schedule A hereto. “Purchase Agreement” means the Securities Purchase Agreement — Standard Terms incorporated into the Letter Agreement, dated as of the date set forth in Item 6 of Schedule A hereto, as amended from time to time, between the Company and the United States Department of the Treasury (the “Letter Agreement”), including all annexes and schedules thereto. “Regulatory Approvals” with respect to the Warrantholder, means, to the extent applicable and required to permit the Warrantholder to exercise this Warrant for shares of Preferred Stock and to own such Preferred Stock without the Warrantholder being in violation of applicable law, rule or regulation, the receipt of any necessary approvals and authorizations of, filings and registrations with, notifications to, or expiration or termination of any applicable waiting period under, the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and regulations thereunder. “SEC” means the U.S. Securities and Exchange Commission. “Securities Act” means the Securities Act of 1933, as amended, or any successor statute, and the rules and regulations promulgated thereunder. “Shares” has the meaning set forth in Section 2. “Warrantholder” has the meaning set forth in Section 2. “Warrant” means this Warrant, issued pursuant to the Purchase Agreement. 2. Number of Shares; Exercise Price. This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the 2

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Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price. 3. Exercise of Warrant; Term. Subject to Section 2, to the extent permitted by applicable laws and regulations, the right to purchase the Shares represented by this Warrant is exercisable, in whole or in part by the Warrantholder, at any time or from time to time after the execution and delivery of this Warrant by the Company on the date hereof, but in no event later than 5:00 p.m., New York City time on the tenth anniversary of the Issue Date (the “Expiration Time”), by (A) the surrender of this Warrant and Notice of Exercise annexed hereto, duly completed and executed on behalf of the Warrantholder, at the principal executive office of the Company located at the address set forth in Item 8 of Schedule A hereto (or such other office or agency of the Company in the United States as it may designate by notice in writing to the Warrantholder at the address of the Warrantholder appearing on the books of the Company), and (B) payment of the Exercise Price for the Shares thereby purchased, by having the Company withhold, from the shares of Preferred Stock that would otherwise be delivered to the Warrantholder upon such exercise, shares of Preferred Stock issuable upon exercise of the Warrant with an aggregate Liquidation Amount equal in value to the aggregate Exercise Price as to which this Warrant is so exercised. If the Warrantholder does not exercise this Warrant in its entirety, the Warrantholder will be entitled to receive from the Company within a reasonable time, and in any event not exceeding three business days, a new warrant in substantially identical form for the purchase of that number of Shares equal to the difference between the number of Shares subject to this Warrant and the number of Shares as to which this Warrant is so exercised. Notwithstanding anything in this Warrant to the contrary, the Warrantholder hereby acknowledges and agrees that its exercise of this Warrant for Shares is subject to the condition that the Warrantholder will have first received any applicable Regulatory Approvals. 4. Issuance of Shares; Authorization. Certificates for Shares issued upon exercise of this Warrant will be issued in such name or names as the Warrantholder may designate and will be delivered to such named Person or Persons within a reasonable time, not to exceed three business days after the date on which this Warrant has been duly exercised in accordance with the terms of this Warrant. The Company hereby represents and warrants that any Shares issued upon the exercise of this Warrant in accordance with the provisions of Section 3 will be duly and validly authorized and issued, fully paid and nonassessable and free from all taxes, liens and charges (other than liens or charges created by the Warrantholder, income and franchise taxes incurred in connection with the exercise of the Warrant or taxes in respect of any transfer occurring contemporaneously therewith). The Company agrees that the Shares so issued will be deemed to have been issued to the Warrantholder as of the close of business on the date on which this Warrant and payment of the Exercise Price are delivered to the Company in accordance with the terms of this Warrant, notwithstanding that the stock transfer books of the Company may then be closed or certificates representing such Shares may not be actually delivered on such date. The Company will at all times reserve and keep available, out of its authorized but unissued preferred stock, solely for the purpose of providing for the exercise of this Warrant, the aggregate number of shares of Preferred Stock then issuable upon exercise of this Warrant at anytime. The Company will use reasonable best efforts to ensure that the Shares may be issued 3

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without violation of any applicable law or regulation or of any requirement of any securities exchange on which the Shares are listed or traded. 5. No Rights as Stockholders; Transfer Books. This Warrant does not entitle the Warrantholder to any voting rights or other rights as a stockholder of the Company prior to the date of exercise hereof. The Company will at no time close its transfer books against transfer of this Warrant in any manner which interferes with the timely exercise of this Warrant. 6. Charges, Taxes and Expenses. Issuance of certificates for Shares to the Warrantholder upon the exercise of this Warrant shall be made without charge to the Warrantholder for any issue or transfer tax or other incidental expense in respect of the issuance of such certificates, all of which taxes and expenses shall be paid by the Company. 7. Transfer/Assignment. (A) Subject to compliance with clause (B) of this Section 7, this Warrant and all rights hereunder are transferable, in whole or in part, upon the books of the Company by the registered holder hereof in person or by duly authorized attorney, and a new warrant shall be made and delivered by the Company, of the same tenor and date as this Warrant but registered in the name of one or more transferees, upon surrender of this Warrant, duly endorsed, to the office or agency of the Company described in Section 3. All expenses (other than stock transfer taxes) and other charges payable in connection with the preparation, execution and delivery of the new warrants pursuant to this Section 7 shall be paid by the Company. (B) The transfer of the Warrant and the Shares issued upon exercise of the Warrant are subject to the restrictions set forth in Section 4.4 of the Purchase Agreement. If and for so long as required by the Purchase Agreement, this Warrant shall contain the legends as set forth in Section 4.2(a) of the Purchase Agreement. 8. Exchange and Registry of Warrant. This Warrant is exchangeable, upon the surrender hereof by the Warrantholder to the Company, for a new warrant or warrants of like tenor and representing the right to purchase the same aggregate number of Shares. The Company shall maintain a registry showing the name and address of the Warrantholder as the registered holder of this Warrant. This Warrant may be surrendered for exchange or exercise in accordance with its terms, at the office of the Company, and the Company shall be entitled to rely in all respects, prior to written notice to the contrary, upon such registry. 9. Loss, Theft, Destruction or Mutilation of Warrant. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and in the case of any such loss, theft or destruction, upon receipt of a bond, indemnity or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company shall make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same aggregate number of Shares as provided for in such lost, stolen, destroyed or mutilated Warrant. 4

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10. Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall not be a business day, then such action may be taken or such right may be exercised on the next succeeding day that is a business day. 11. Rule 144 Information. The Company covenants that it will use its reasonable best efforts to timely file all reports and other documents required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations promulgated by the SEC thereunder (or, if the Company is not required to file such reports, it will, upon the request of any Warrantholder, make publicly available such information as necessary to permit sales pursuant to Rule 144 under the Securities Act), and it will use reasonable best efforts to take such further action as any Warrantholder may reasonably request, in each case to the extent required from time to time to enable such holder to, if permitted by the terms of this Warrant and the Purchase Agreement, sell this Warrant without registration under the Securities Act within the limitation of the exemptions provided by (A) Rule 144 under the Securities Act, as such rule may be amended from time to time, or (B) any successor rule or regulation hereafter adopted by the SEC. Upon the written request of any Warrantholder, the Company will deliver to such Warrantholder a written statement that it has complied with such requirements. 12. Adjustments and Other Rights. For so long as the Original Warrantholder holds this Warrant or any portion thereof, if any event occurs that, in the good faith judgment of the Board of Directors of the Company, would require adjustment of the Exercise Price or number of Shares into which this Warrant is exercisable in order to fairly and adequately protect the purchase rights of the Warrants in accordance with the essential intent and principles of the Purchase Agreement and this Warrant, then the Board of Directors shall make such adjustments in the application of such provisions, in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board of Directors, to protect such purchase rights as aforesaid. Whenever the Exercise Price or the number of Shares into which this Warrant is exercisable shall be adjusted as provided in this Section 12, the Company shall forthwith file at the principal office of the Company a statement showing in reasonable detail the facts requiring such adjustment and the Exercise Price that shall be in effect and the number of Shares into which this Warrant shall be exercisable after such adjustment, and the Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each Warrantholder at the address appearing in the Company’s records. 13. No Impairment. The Company will not, by amendment of its Charter or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all the provisions of this Warrant and in taking of all such action as may be necessary or appropriate in order to protect the rights of the Warrantholder. 14. Governing Law. This Warrant will be governed by and construed in accordance with the federal law of the United States if and to the extent such law is applicable, and otherwise in accordance with the laws of the State of New York applicable to contracts made and 5

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to be performed entirely within such State. Each of the Company and the Warrantholder agrees (a) to submit to the exclusive jurisdiction and venue of the United States District Court for the District of Columbia for any civil action, suit or proceeding arising out of or relating to this Warrant or the transactions contemplated hereby, and (b) that notice may be served upon the Company at the address in Section 17 below and upon the Warrantholder at the address for the Warrantholder set forth in the registry maintained by the Company pursuant to Section 8 hereof. To the extent permitted by applicable law, each of the Company and the Warrantholder hereby unconditionally waives trial by jury in any civil legal action or proceeding relating to the Warrant or the transactions contemplated hereby or thereby. 15. Binding Effect. This Warrant shall be binding upon any successors or assigns of the Company. 16. Amendments. This Warrant may be amended and the observance of any term of this Warrant may be waived only with the written consent of the Company and the Warrantholder. 17. Notices. Any notice, request, instruction or other document to be given hereunder by any party to the other will be in writing and will be deemed to have been duly given (a) on the date of delivery if delivered personally, or by facsimile, upon confirmation of receipt, or (b) on the second business day following the date of dispatch if delivered by a recognized next day courier service. All notices hereunder shall be delivered as set forth in Item 9 of Schedule A hereto, or pursuant to such other instructions as may be designated in writing by the party to receive such notice. 18. Entire Agreement. This Warrant, the forms attached hereto and Schedule A hereto (the terms of which are incorporated by reference herein), and the Letter Agreement (including all documents incorporated therein), contain the entire agreement between the parties with respect to the subject matter hereof and supersede all prior and contemporaneous arrangements or undertakings with respect thereto. [Remainder of page intentionally left blank] 6

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[Form of Notice of Exercise] Date: TO: Reliance Bancshares, Inc. RE: Election to Purchase Preferred Stock The undersigned, pursuant to the provisions set forth in the attached Warrant, hereby agrees to subscribe for and purchase such number of shares of Preferred Stock covered by the Warrant such that after giving effect to an exercise pursuant to Section 3(B) of the Warrant, the undersigned will receive the net number of shares of Preferred Stock set forth below. The undersigned, in accordance with Section 3 of the Warrant, hereby agrees to pay the aggregate Exercise Price for such shares of Preferred Stock in the manner set forth in Section 3(B) of the Warrant. Number of Shares of Preferred Stock: 2,000 The undersigned agrees that it is exercising the attached Warrant in full and that, upon receipt by the undersigned of the number of shares of Preferred Stock set forth above, such Warrant shall be deemed to be cancelled and surrendered to the Company. Holder: By: Name: Title:

1.

Number of shares to be received by the undersigned upon exercise of the attached Warrant pursuant to Section 3(B) thereof. 7

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IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed by a duly authorized officer. Dated: February 13, 2009 COMPANY: RELIANCE BANCSHARES INC. By: Name: Jerry S. Von Rohr Title: President

Attest: By: Name: Fortis M. Lawder Title: Secretary

[Signature Page to Warrant] 8

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SCHEDULE A Item 1 Name: Reliance Bancshares, Inc. Corporate or other organizational form: Corporation Jurisdiction of organization: Missouri Item 2 Exercise Price: $0.01 per share Item 3 Issue Date: February 13, 2009 Item 4 Liquidation Amount: $1,000.00 per share Item 5 Series of Perpetual Preferred Stock: Fixed Rate Cumulative Perpetual Preferred Stock, Series B Item 6 Date of Letter Agreement between the Company and the United States Department of the Treasury: Item 7 Number of shares of Preferred Stock: 2,000 Item 8 Company’s address:

Item 9 Notice information:

10401 Clayton Road Frontenac (St. Louis), Missouri 63131

Reliance Bancshares, Inc. 10401 Clayton Road Frontenac (St. Louis), Missouri 63131 Attention: Jerry S. Von Rohr President Telephone: (314) 569-7201 Facsimile: (314) 569-7301

2

$0.01 per share or such greater amount as the Charter may require as the par value of the Preferred Stock.

3

The initial number of shares of Preferred Stock for which this Warrant is exercisable shall include the number of shares required to effect the cashless exercise pursuant to Section 3(B) of this Warrant (e.g., such number of shares of Preferred Stock having an aggregate Liquidation Amount equal in value to the aggregate Exercise Price) such that, following exercise of this Warrant and payment of the Exercise Price in accordance with such Section 3(B), the net number of shares of Preferred Stock delivered to the Warrantholder (and rounded to the nearest whole share) would have an aggregate Liquidation Amount equal to 5% of the aggregate amount invested by the United States Department of the Treasury on the investment date. 9

Exhibit 10.1 UNITED STATES DEPARTMENT OF THE TREASURY 1500 PENNSYLVANIA AVENUE, NW WASHINGTON, D.C. 20220 Dear Ladies and Gentlemen: 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. The purpose of this letter agreement is to confirm the terms and conditions of the purchase by the Investor of the Purchased Securities. Except to the extent supplemented or superseded by the terms set forth herein or in the Schedules hereto, the provisions contained in the Securities Purchase Agreement — Standard Terms attached hereto as Exhibit A (the “Securities Purchase Agreement”) are incorporated by reference herein. Terms that are defined in the Securities Purchase Agreement are used in this letter agreement as so defined. In the event of any inconsistency between this letter agreement and the Securities Purchase Agreement, the terms of this letter agreement shall govern.

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Each of the Company and the Investor hereby confirms its agreement with the other party with respect to the issuance by the Company of the Purchased Securities and the purchase by the Investor of the Purchased Securities pursuant to this letter agreement and the Securities Purchase Agreement on the terms specified on Schedule A hereto. This letter agreement (including the Schedules hereto), the Securities Purchase Agreement (including the Annexes thereto), the Disclosure Schedules and the Warrant constitute the entire agreement, and supersede all other prior agreements, understandings, representations and warranties, both written and oral, between the parties, with respect to the subject matter hereof. This letter agreement constitutes the “Letter Agreement” referred to in the Securities Purchase Agreement. This letter agreement may be executed in any number of separate counterparts, each such counterpart being deemed to be an original instrument, and all such counterparts will together constitute the same agreement. Executed signature pages to this letter agreement may be delivered by facsimile and such facsimiles will be deemed as sufficient as if actual signature pages had been delivered. ***

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In witness whereof, this letter agreement has been duly executed and delivered by the duly authorized representatives of the parties hereto as of the date written below. UNITED STATES DEPARTMENT OF THE TREASURY By: Name: Title: COMPANY: RELIANCE BANCSHARES, INC. By: Name: Jerry S. Von Rohr Title: President and CEO

Date:

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EXHIBIT A SECURITIES PURCHASE AGREEMENT

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SCHEDULE A ADDITIONAL TERMS AND CONDITIONS Company Information: Name of the Company: Reliance Bancshares, Inc. Corporate or other organizational form: Corporate Jurisdiction of Organization: Missouri Appropriate Federal Banking Agency: Federal Deposit Insurance Corporation Notice Information: Jerry S. Von Rohr President Reliance Bancshares, Inc. 10401 Clayton Road Frontenac (St. Louis), Missouri 63131 (314) 569-7201 (314) 569-7301 (fax) [email protected] Terms of the Purchase: Series of Preferred Stock Purchased: Fixed Rate Cumulative Perpetual Preferred Stock, Series A Per Share Liquidation Preference of Preferred Stock: $1,000.00 Number of Shares of Preferred Stock Purchased: 40,000 Dividend Payment Dates on the Preferred Stock: February 15, May 15, August 15, and November 15 Series of Warrant Preferred Stock: Fixed Rate Cumulative Perpetual Preferred Stock, Series B Number of Warrant Shares: 2,000 Number of Net Warrant Shares (after net settlement): 2,000 Exercise Price of the Warrant: $0.01 Purchase Price: $40,000,000.00 Closing: Location of Closing: Squire, Sanders & Dempsey L.L.P., 221 East Fourth Street, Suite 2900, Cincinnati, Ohio 45202 Time of Closing: Date of Closing: February 13, 2009

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Wire Information for Closing:

ABA Number: 081018888 Bank: Reliance Bank Account Name: Reliance Bancshares, Inc. Account Number: Beneficiary: Reliance Bancshares, Inc.

Contact for Confirmation of Wire Information:

Dale E. Oberkfell (EVP) (314) 569-7202 [email protected]

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SCHEDULE B CAPITALIZATION Capitalization Date: December 31, 2008 Common Stock Par Value: $0.25 per share Total Authorized: 40,000,000 Outstanding: 20,770,781 Subject to warrants, options, convertible securities, etc.: 2,236,950 Reserved for benefit plans and other issuances: 90,034 Remaining authorized but unissued: 16,902,235 Shares issued after Capitalization Date (other than pursuant to warrants, options, convertible securities, etc. as set forth above): None Preferred Stock Par value: No par value Total Authorized: 2,000,000 Outstanding (by series): None Reserved for issuance: None Remaining authorized but unissued: 2,000,000 Holders of 5% or more of any class of capital stock Gary R. Parker

Primary Address Center Oil Company 600 Mason Ridge Center Drive St. Louis, MO 63141

William R. Stiritz

790 Briar Hill Road Belleville, IL 62223

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SCHEDULE C LITIGATION List any exceptions to the representation and warranty in Section 2.2(l) of the Securities Purchase Agreement — Standard Terms. If none, please so indicate by checking the box˛ .

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SCHEDULE D COMPLIANCE WITH LAWS List any exceptions to the representation and warranty in the second sentence of Section 2.2(m) of the Securities Purchase Agreement — Standard Terms. If none, please so indicate by checking the box: ˛ . List any exceptions to the representation and warranty in the last sentence of Section 2.2(m) of the Securities Purchase Agreement — Standard Terms. If none, please so indicate by checking the box˛

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SCHEDULE E REGULATORY AGREEMENTS List any exceptions to the representation and warranty in Section 2.2(s) of the Securities Purchase Agreement — Standard Terms. If none, please so indicate by checking the box˛

Exhibit 10.2 OMNIBUS AGREEMENT This Omnibus Agreement, dated as of February and Reliance Bancshares, Inc. (the “Company”).

, 2009 (the “Agreement”), is entered into by and between

(the “Executive”)

WHEREAS, the Executive is a Senior Executive Officer of the Company, as defined in subsection 111(b)(3) of the Emergency Economic Stabilization Act of 2008 (the “EESA”) and regulations issued, including the rules set forth in 31 C.F.R. Part 30 (a “Senior Executive Officer”); and WHEREAS, in connection with the purchase by the United States Department of the Treasury (the “Treasury”) of certain preferred shares and warrants of the Company (the “Purchased Securities”), pursuant to a Letter Agreement and a Securities Purchase Agreement — Standard , between the Treasury and the Company (the “Purchase Agreement”), the Company is required to meet certain executive compensation and corporate governance standards under Section 111(b) of the EESA, as implemented by guidance or regulation that has been issued and is in effect as of the Closing Date (as defined in the Purchase Agreement) (collectively the “CPP Guidance”); and WHEREAS, as a condition to the Closing of the Securities Purchase Agreement, Section 1.2(d)(iv)(A) thereof provides that the Company is required to have effected such changes to its compensation, bonus, incentive and other benefit plans, arrangements and agreements (including “golden parachute”, severance and employment agreements) (collectively, the “Compensation and Benefit Arrangements”) with respect to its Senior Executive Officers (and to the extent necessary for such changes to be legally enforceable, each of its Senior Executive Officers shall have duly consented in writing to such changes), as may be necessary, during the period that Treasury owns any Purchased Securities, in order to comply with Section 111(b) of the EESA as implemented by guidance or regulation that has been issued and is in effect as of the Closing Date; and WHEREAS, in consideration for the benefits the Executive will receive as a result of the participation of the Company in the Treasury’s TARP Capital Purchase Program, the Executive desires to modify the Executive’s Compensation and Benefit Arrangements to the extent necessary to comply with Section 111(b) of the EESA, the CPP Guidance and the Purchase Agreement. NOW, THEREFORE, in consideration of the foregoing and the covenants set forth herein, the Executive and the Company hereby agree as follows: 1.

Amendments to the Compensation and Benefit Arrangements. Effective as of the date or effective as of any calendar year commencing on or after January 1, 2009, if any, while the Treasury holds any equity or debt securities of the Company acquired under the TARP Capital Purchase Program, the Executive’s Compensation and Benefit Arrangements are hereby amended by this Agreement during such and any subsequent periods as necessary to comply with the executive compensation and corporate governance requirements of Section 111(b) of the EESA and the CPP Guidance, and the provisions of Sections 1.2(d)(iv), 1.2(d)(v) or 4.10 of the Purchase Agreement, including as follows: a.

In the event that any payment or benefit to which the Executive is or may become entitled under the Compensation and Benefit Arrangements is a “golden parachute” for purposes

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b.

c.

2.

of Section 111(b) of the EESA and the CPP Guidance, including the rules set forth in § 30.9 Q-9 of 31 C.F.R. Part 30, (i) the Company shall not make or provide (nor shall the Company be obligated to make or provide), during the period that the Treasury owns any Purchased Securities, such payment or benefit to the Executive, and (ii) the Executive shall not be entitled to receive, during the period that the Treasury owns the Purchased Securities, such payment or benefit. Any bonus or incentive compensation paid to the Executive during the period that the Treasury owns the Purchased Securities will be subject to recovery or “clawback” by the Company or its affiliates if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria, all within the meaning of Section 111(b) of the EESA and the CPP Guidance. In the event that the Executive and Compensation Committee of the Board of Directors of the Company determines that any incentive compensation arrangement pursuant to which the Executive is or may be entitled to a payment encourages the Executive to take unnecessary and excessive risks that threaten the value of the financial institution within the meaning of §30.9 Q-4 of 31 C.F.R. Part 30, the Committee, shall take such action as is necessary to amend such incentive compensation arrangements to eliminate such encouragement, and the Executive’s incentive compensation will be determined pursuant to such amended arrangements.

Miscellaneous. a.

This Agreement may be executed in one or more counterparts, each of which when executed shall be an original, but all of which when taken together shall constitute one and the same agreement.

b..

This Agreement shall be governed by, and interpreted in accordance with, the laws of the State of Missouri,

IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by its duly authorized representative and the Executive has hereunto set his hand as of the day and year first above written. EXECUTIVE

RELIANCE BANCSHARES, INC. By: Name: Jerry S. Von Rohr Title: Chairman, President and CEO

Exhibit 10.3 UST Seq. No. 595 WAIVER In consideration for the benefits I will receive as a result of my employer’s participation in the United States Department of the Treasury’s TARP Capital Purchase Program (i.e. Reliance Bancshares, Inc.), I hereby voluntarily waive any claim against the United States or my employer for any changes to my compensation or benefits that are required to comply with the regulation issued by the Department of the Treasury as published in the Federal Register on October 20, 2008. I acknowledge that this regulation may require modification of the compensation, bonus, incentive and other benefit plans, arrangements, policies and agreements (including so-called “golden parachute” agreements) that I have with my employer or in which I participate as they relate to the period the United States holds any equity or debt securities of my employer acquired through the TARP Capital Purchase Program. This waiver includes all claims I may have under the laws of the United States or any state related to the requirements imposed by the aforementioned regulation, including without limitation a claim for any compensation or other payments I would otherwise receive, any challenge to the process by which this regulation was adopted and any tort or constitutional claim about the effect of these regulations on my employment relationship. Date: February 13, 2009

-s- Jerry S. Von Rohr

Name: Jerry S. Von Rohr Title: Chairman, President and Chief Executive Officer of Reliance Bancshares, Inc.

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UST Seq. No. 595 WAIVER In consideration for the benefits I will receive as a result of my employer’s participation in the United States Department of the Treasury’s TARP Capital Purchase Program (i.e. Reliance Bancshares, Inc.), I hereby voluntarily waive any claim against the United States or my employer for any changes to my compensation or benefits that are required to comply with the regulation issued by the Department of the Treasury as published in the Federal Register on October 20, 2008. I acknowledge that this regulation may require modification of the compensation, bonus, incentive and other benefit plans, arrangements, policies and agreements (including so-called “golden parachute” agreements) that I have with my employer or in which I participate as they relate to the period the United States holds any equity or debt securities of my employer acquired through the TARP Capital Purchase Program. This waiver includes all claims I may have under the laws of the United States or any state related to the requirements imposed by the aforementioned regulation, including without limitation a claim for any compensation or other payments I would otherwise receive, any challenge to the process by which this regulation was adopted and any tort or constitutional claim about the effect of these regulations on my employment relationship. Date: February 13, 2009

-s- Dale E. Oberkfell

Name: Dale E. Oberkfell Title: Executive Vice President and Chief Financial Officer of Reliance Bancshares, Inc.

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UST Seq. No. 595 WAIVER In consideration for the benefits I will receive as a result of my employer’s participation in the United States Department of the Treasury’s TARP Capital Purchase Program (i.e. Reliance Bancshares, Inc.), I hereby voluntarily waive any claim against the United States or my employer for any changes to my compensation or benefits that are required to comply with the regulation issued by the Department of the Treasury as published in the Federal Register on October 20, 2008. I acknowledge that this regulation may require modification of the compensation, bonus, incentive and other benefit plans, arrangements, policies and agreements (including so-called “golden parachute” agreements) that I have with my employer or in which I participate as they relate to the period the United States holds any equity or debt securities of my employer acquired through the TARP Capital Purchase Program. This waiver includes all claims I may have under the laws of the United States or any state related to the requirements imposed by the aforementioned regulation, including without limitation a claim for any compensation or other payments I would otherwise receive, any challenge to the process by which this regulation was adopted and any tort or constitutional claim about the effect of these regulations on my employment relationship. Date: February 13, 2009 -s- David S. Matthew s

Name: David S. Matthews Title: Market President, Phoenix, Arizona of Reliance Bancshares, Inc.

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UST Seq. No. 595 WAIVER In consideration for the benefits I will receive as a result of my employer’s participation in the United States Department of the Treasury’s TARP Capital Purchase Program (i.e. Reliance Bancshares, Inc.), I hereby voluntarily waive any claim against the United States or my employer for any changes to my compensation or benefits that are required to comply with the regulation issued by the Department of the Treasury as published in the Federal Register on October 20, 2008. I acknowledge that this regulation may require modification of the compensation, bonus, incentive and other benefit plans, arrangements, policies and agreements (including so-called “golden parachute” agreements) that I have with my employer or in which I participate as they relate to the period the United States holds any equity or debt securities of my employer acquired through the TARP Capital Purchase Program. This waiver includes all claims I may have under the laws of the United States or any state related to the requirements imposed by the aforementioned regulation, including without limitation a claim for any compensation or other payments I would otherwise receive, any challenge to the process by which this regulation was adopted and any tort or constitutional claim about the effect of these regulations on my employment relationship. Date: February 13, 2009

-s- Daniel Jasper

Name: Daniel Jasper Title: Vice Chairman and Chief Executive Officer of Reliance Bancshares, Inc.

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UST Seq. No. 595 WAIVER In consideration for the benefits I will receive as a result of my employer’s participation in the United States Department of the Treasury’s TARP Capital Purchase Program (i.e. Reliance Bancshares, Inc.), I hereby voluntarily waive any claim against the United States or my employer for any changes to my compensation or benefits that are required to comply with the regulation issued by the Department of the Treasury as published in the Federal Register on October 20, 2008. I acknowledge that this regulation may require modification of the compensation, bonus, incentive and other benefit plans, arrangements, policies and agreements (including so-called “golden parachute” agreements) that I have with my employer or in which I participate as they relate to the period the United States holds any equity or debt securities of my employer acquired through the TARP Capital Purchase Program. This waiver includes all claims I may have under the laws of the United States or any state related to the requirements imposed by the aforementioned regulation, including without limitation a claim for any compensation or other payments I would otherwise receive, any challenge to the process by which this regulation was adopted and any tort or constitutional claim about the effect of these regulations on my employment relationship. Date: February 13, 2009

-s- Daniel S. Brow n

Name: Daniel S. Brown Title: Executive Vice President and Chief Lending Officer of Reliance Bancshares, Inc.

Exhibit 99.1 For Immediate Release News Release RELIANCE BANCSHARES, INC. ANNOUNCES THE U.S. TREASURY HAS INVESTED $40 MILLION IN PREFERRED SHARES OF RELIANCE ST. LOUIS, February 20, 2009 — Reliance Bancshares, Inc. announced today that the U.S. Treasury has invested $40 million in preferred shares of Reliance Bancshares and their warrants as part of the government’s Capital Purchase Program. Funding occurred on Friday, February 13, 2009. “We are pleased that our application for these funds has been approved by the government. Although Reliance was a financially healthy, “well capitalized” bank before receipt of the funds, we are now in a position to take advantage of a greater number of market opportunities,” said Jerry S. Von Rohr, Chairman and Chief Executive Officer of Reliance Bancshares, Inc. “With these funds, Reliance is even better poised to continue our lending activities to small and medium sized businesses and to consumers in the communities we serve, thus perpetuating expansion and growth. We will continue to be a financial partner to our valued customers and work with them during these challenging economic times.” About Reliance Bancshares, Inc. Reliance Bancshares, Inc., headquartered in St. Louis, MO, is a publicly held Missouri bank holding company that provides a full range of banking services to individual and corporate customers. The company’s common stock is quoted on the Pink Sheets (www.pinksheets.com) under the symbol “RLBS”. It currently operates 20 branches in the St. Louis metropolitan area under the name of Reliance Bank and two Loan Production Offices — one in Tempe, Arizona and another in Houston, Texas. It also owns and operates Reliance Bank, FSB, which is located in Fort Myers, Florida, with four branches in the Southwest Florida area. The company’s total assets as of September 30, 2008 exceeded $1.4 Billion. Reliance Bank’s website can be found at www.reliancebankstl.com

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Forward looking statements This news release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “anticipates,” “expects,” intends” and similar expressions as they relate to Reliance Bancshares, its operations or its management are intended to identify such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties. There are important factors that could cause actual results to differ materially from those in forward-looking statements, certain of which are beyond our control. These factors, risks and uncertainties are discussed in our most recent Annual Report on Form 10-K filed with the SEC, as updated from time to time in our other SEC filings. Contact: Reliance Bancshares, Inc. Investor Relations Sue Freed, Sr. Vice President 314-569-7208 [email protected]