Phillips Dean – Credit Agreements Watch

from SC 13D/A 1 page This Consent Letter Is Being Provided by Great River Bancshares (The “Lender”) to Mercantile Bancorp, Inc. (The “Borrower”) in Connection With That Certain Fourth Amended and Restated Loan Agreement, Dated as of April 30, 2009, as Amended From Time to Time (The “Loan Agreement”). Section 6.02 of the Loan Agreement Prohibits the Borrower From Causing or Permitting Any Material Change in the Ownership of Any Subsidiary Bank (As Defined in the Loan Agreement). the Borrower Has Informed the Lender That It Can Enter Into a Stock Purchase Agreement to Sell Two of Its Subsidiary Banks and an Exchange Agreement to Sell Another Subsidiary Bank to an Affiliate of the Lender