TOWER BANCORP INC - FORM 8-K - EX-10.2 - LETTER AGREEMENT BETWEEN TOWER BANCORP, INC. AND FIRST CHESTER - November 2, 2010

Attached files

file filename
EX-2.1 - THIRD AMENDMENT TO AGREEMENT AND PLAN OF MERGER - TOWER BANCORP INCdex21.htm
EX-10.1 - LETTER AGREEMENT BETWEEN GRAYSTONE TOWER BANK AND FIRST CHESTER - TOWER BANCORP INCdex101.htm
EX-99.2 - PRESS RELEASE ISSUED NOVEMBER 1, 2010 - TOWER BANCORP INCdex992.htm
EX-99.1 - INVESTOR PRESENTATION - TOWER BANCORP INCdex991.htm
8-K - FORM 8-K - TOWER BANCORP INCd8k.htm

 

Exhibit 10.2

LOGO

October 28, 2010

Re: Extension of Maturity Date

John A. Featherman, III, President & CEO

First Chester County Corporation

9 North High Street

West Chester, Pennsylvania 19380

Dear John:

Tower Bancorp, Inc. hereby extends the maturity date of the Promissory Note dated March 4, 2010 made by First Chester County Corporation in the principal amount of $2,000,000 to December 31, 2010.

Except as to the aforesaid extension of the maturity date, all other terms and conditions of the Promissory Note and the other Loan Documents (as such term is defined in that certain Loan Agreement dated as of March 4, 2010) shall remain unchanged and in full force and effect.

This letter shall be deemed to constitute an amendment to the Promissory Note and the other Loan Documents.

 

Very truly yours,

 

TOWER BANCORP, INC.

By:   /s/ Andrew S. Samuel
 

Andrew S. Samuel,

President & CEO

 

ACCEPTED AND AGREED:

 

FIRST CHESTER COUNTY CORPORATION

By:   /s/ John A. Featherman, III
 

John A. Featherman, III,

President & CEO

TOWER BANCORP INC Reports

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