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Gnature page hereto (the Credit Union ) intends to issue in a private placement the subordinated debentures set forth on Schedule A hereto (the Senior Subordinated Securities ) and the United States Department of the Treasury (the Investor ) intends to purchase from the Credit Union the Senior Subordinated Securities. The purpose of this letter agreement is to confirm the terms and conditions of the purchase by the Investor of the Senior Subordinated Securities. Except to the exte.
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