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

 

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

 

(Name of Issuer)

 

(Title of Class of Securities)

 

(CUSIP Number)

 

John M. Eggemeyer

6051 El Tordo

Rancho Santa Fe, CA 92067

858-756-8300

 

Copy to:

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1 (e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.  The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See §240.13d-7 for other parties to whom copies are to be sent.

 

 

 

(1)                                 This calculation is based on 11,660,491 shares of voting common stock of Trinity Capital Corporation outstanding as of November 1, 2018, based on information provided in the Merger Agreement (as defined below).

 

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(1)                                 This calculation is based on 11,660,491 shares of voting common stock of Trinity Capital Corporation outstanding as of November 1, 2018, based on information provided in the Merger Agreement.

 

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Item 1.                                                         Security and Issuer

 

The title and class of equity security to which this statement on Schedule 13D relates is the Voting Common Stock, no par value (the “Voting Common Stock”) of Trinity Capital Corporation (the “Issuer” or the “Company”).  The address of the principal executive officer of the Company is 1200 Trinity Drive, Los Alamos, New Mexico 87544.  This Amendment No. 1 to Schedule 13D (this “Amendment”) amends and supplements the Schedule 13D filed on December 20, 2016 (as amended, the “Schedule 13D”) with the Securities and Exchange Commission (the “SEC”).  This Amendment is being filed to report the transactions described in Item 4 below, and to remove certain individuals as reporting persons (as further described in Item 2).  Unless specifically amended hereby, the disclosures set forth in the Schedule 13D remain unchanged.

 

Item 2.                                                         Identity and Background

 

Item 2 of the Schedule 13D is hereby amended to remove John M. Eggemeyer, J. Mikesell Thomas, Mark G. Merlo and John T. Pietrzak, each of whom are managing principals of Castle Creek Capital VI LLC (“CCC VI”), as reporting persons.  Although each of Messrs. Eggemeyer, Thomas, Merlo and Pietrzak were previously included as reporting persons, upon further review, these individuals are not deemed to be beneficial owners of the Voting Common Stock owned by Castle Creek Capital Partners VI, LP (“Fund VI”) and thus have been removed as reporting persons.

 

Item 4.                                                         Purpose of Transaction

 

Item 4 of the Schedule 13D is hereby amended by adding the following at the end thereof:

 

Merger Agreement

 

On November 1, 2018, the Company and its wholly owned subsidiary, Los Alamos National Bank (“LANB”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Enterprise Financial Services Corp (“EFSC”) and its wholly owned subsidiary, Enterprise Bank & Trust (“EB&T”). Subject to the terms and conditions of the Merger Agreement, the Company will merge with and into EFSC, with EFSC being the surviving corporation (the “Merger”).  Immediately following the consummation of the Merger, LANB will merge with and into EB&T, with EB&T being the surviving bank.

 

Under the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each outstanding share of the Voting Common Stock and the Company’s non-voting common stock, no par value (the “Non-Voting Common Stock”), (except for cancelled shares and Dissenting Shares (as defined in the Merger Agreement)) will be converted into the right to receive (i) 0.1972 shares of EFSC’s common stock and (ii) $1.84 in cash, without interest, with any fractional shares paid in cash.  Under the Merger Agreement, Tony Scavuzzo, a Principal of CCC VI and current member of the Company’s board of directors, will be appointed to the board of directors of EFSC effective at or immediately following the Effective Time.

 

The closing of the Merger is subject to customary closing conditions, including among other things approval of the Merger Agreement by the Company’s shareholders and receipt of certain governmental and regulatory consents and approvals.

 

The foregoing reference to and descriptions of the Merger Agreement and the transactions contemplated thereby do not purport to be complete and are subject to, and are qualified in their entirety by, the full text of the Merger Agreement, which is attached hereto as Exhibit 99.2 and incorporated herein by reference.

 

Voting Agreement

 

In connection with the execution of the Merger Agreement, Fund VI entered into a voting agreement (the “Voting Agreement”) with the Company and EFSC.  Subject to the terms and conditions of the Voting Agreement, Fund VI agreed, among other things, to vote the shares of Voting Common Stock beneficially owned by Fund VI in favor of the Merger and the Merger Agreement and against any Superior Proposal, Acquisition Proposal (each term as defined in the Merger Agreement) and certain other actions.  In connection therewith, Fund VI appointed EFSC as its proxy and attorney-in-fact to vote or act by written consent in accordance with the Voting Agreement.

 

Pursuant to the Voting Agreement, Fund VI is subject to certain restrictions regarding transferring or encumbering, or entering into any other voting arrangements with respect to, the Voting Common Stock held by Fund VI.  Fund VI also waived any appraisal or dissenters’ rights in connection with the Merger.  The Voting Agreement will terminate upon the earliest to occur of (i) the effective time of the Merger, (ii) the date on which the Merger Agreement is terminated in accordance with its terms and (iii) upon any modification, waiver or amendment of the Merger Agreement that either materially adversely affects Fund VI or adversely affects the consideration payable to the Company’s shareholders.

 

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The foregoing reference to and descriptions of the Voting Agreement and the transactions contemplated thereby do not purport to be complete and are subject to, and are qualified in their entirety by, the full text of the Voting Agreement, which is attached hereto as Exhibit 99.3 and incorporated herein by reference.

 

Item 5.                                                         Interest in Securities of the Issuer

 

Items 5(a) and (b) of the Schedule 13D are hereby amended and restated, with effect from the date of the event giving rise to this Amendment, with the following:

 

Reporting Person		Amount Beneficially Owned		Percent of Class (3)		Sole Power to Vote or Direct the Vote		Shared Power to Vote or Direct the Vote		Sole Power to Dispose or to Direct the Disposition		Shared Power to Dispose or Direct the Disposition
Castle Creek Capital Partners VI, LP (1)		1,151,475		9.9	%	0		1,151,475		0		1,151,475
Castle Creek Capital VI LLC (2)		1,151,475		9.9	%	0		1,151,475		0		1,151,475

 

(1)            Excludes 3,901,192 shares of Non-Voting Common Stock owned by Fund VI.

 

(2)         CCC VI disclaims beneficial ownership of the Voting Common Stock owned by Fund VI, except to the extent of its pecuniary interest therein.

 

(3)   This calculation is based on 11,660,491 shares of Voting Common Stock outstanding as of November 1, 2018, based on information provided in the Merger Agreement.

 

Item 6.                                                         Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

The information set forth in Item 4 of this Amendment is hereby incorporated by reference.

 

Item 7.                                                         Material to be Filed as Exhibits

 

Exhibit		Description
Exhibit 99.1		Joint Filing Agreement, dated as of November 5, 2018, by and between Castle Creek Capital Partners VI, LP and Castle Creek Capital VI LLC.
Exhibit 99.2		Agreement and Plan of Merger by and among Enterprise Financial Services Corp, Enterprise Bank & Trust, Trinity Capital Corporation and Los Alamos National Bank, dated as of November 1, 2018 (incorporated by reference to Exhibit 2.1 to Trinity Capital Corporation’s Current Report on Form 8-K filed on November 1, 2018).
Exhibit 99.3		Voting Agreement, dated as of November 1, 2018, by and among Trinity Capital Corporation, Enterprise Financial Services Corp. and Castle Creek Capital Partners VI, LP.

 

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SIGNATURES

 

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: November 5, 2018

 

	CASTLE CREEK CAPITAL PARTNERS VI, LP
	By:	/s/ John M. Eggemeyer
	Name:	John M. Eggemeyer
	Title:	Managing Principal
	CASTLE CREEK CAPITAL VI, LLC
	By:	/s/ John M. Eggemeyer
	Name:	John M. Eggemeyer
	Title:	Managing Principal

 

SIGNATURE PAGE TO AMENDMENT NO. 1 TO SCHEDULE 13D (TRINITY CAPITAL CORPORATION)

 

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Exhibit 99.1

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that this Amendment No. 1 to Schedule 13D, dated November 5, 2018, with respect to the Voting Common Stock, no par value, of Trinity Capital Corporation, a New Mexico corporation, is, and any amendments hereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 

Dated: November 5, 2018

 

	CASTLE CREEK CAPITAL PARTNERS VI, LP
	By:	/s/ John M. Eggemeyer
	Name:	John M. Eggemeyer
	Title:	Managing Principal
	CASTLE CREEK CAPITAL VI LLC
	By:	/s/ John M. Eggemeyer
	Name:	John M. Eggemeyer
	Title:	Managing Principal

 

SIGNATURE PAGE TO JOINT FILING AGREEMENT (TRINITY CAPITAL CORPORATION)

 

Exhibit 99.3

 

VOTING AGREEMENT

 

This VOTING AGREEMENT (this “Agreement”), dated as of November 1, 2018, is made and entered into between the undersigned shareholder (“Shareholder”) of Trinity Capital Corporation, a New Mexico corporation (the “Company”), and Enterprise Financial Services Corp, a Delaware corporation (“Parent”).

 

WHEREAS, concurrently with the execution of this Agreement, the Company and Parent will enter, into an Agreement and Plan of Merger (as the same may be amended from time to time, the “Merger Agreement”), providing for, among other things, the merger (the “Merger”) of Company with and into Parent;

 

WHEREAS, as a condition to its willingness to enter into the Merger Agreement, Parent has required that Shareholder execute and deliver this Agreement; and

 

WHEREAS, in order to induce Parent and as additional consideration to Parent to enter into the Merger Agreement, Shareholder is willing to make certain representations, warranties, covenants and agreements with respect to the shares of voting common stock, no par value, of the Company (“Company Common Stock”) beneficially owned by Shareholder and set forth below Shareholder’s signature on the signature page hereto (the “Original Shares” and, together with any additional shares of Company Common Stock acquired pursuant to Section 8 hereof, the “Shares”).

 

NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows:

 

1.                                      Definitions.  For purposes of this Agreement, capitalized terms used and not defined herein shall have the respective meanings ascribed to them in the Merger Agreement.

 

2.                                      Representations of Shareholder.  Shareholder represents and warrants to Parent that:

 

(a)                                 (i) Shareholder owns beneficially (as such term is defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended, referred to as the “Exchange Act”) all of the Original Shares free and clear of all Liens, and (ii) except pursuant hereto, there are no options, warrants or other rights, agreements, arrangements or commitments of any character to which Shareholder is a party relating to the pledge, disposition or voting of any of the Original Shares and there are no voting trusts or voting agreements with respect to the Original Shares.

 

(b)                                 Shareholder does not beneficially own any shares of Company Common Stock other than (i) the Original Shares and (ii) any restricted stock units or other rights to acquire any additional shares of Company Common Stock, or any security exercisable for or convertible into shares of Company Common Stock, set forth on the signature page of this Agreement (collectively, “RSUs”).

 

 

(c)                                  Shareholder has full legal capacity (and, if applicable, corporate, limited partnership or other organizational power and authority) to enter into, execute and deliver this Agreement and to perform fully Shareholder’s obligations hereunder.  This Agreement has been duly and validly executed and delivered by Shareholder and constitutes the legal, valid and binding obligation of Shareholder, enforceable against Shareholder in accordance with its terms, except in each case as enforcement may be limited general principles of equity, whether applied in a court of law or court of equity, and by bankruptcy, insolvency and similar Laws affecting creditor’s rights and remedies generally.

 

(d)                                 None of the execution and delivery of this Agreement by Shareholder, the consummation by Shareholder of the transactions contemplated hereby or compliance by Shareholder with any of the provisions hereof will conflict with or result in a breach, or constitute a default (with or without notice of lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument or Law applicable to Shareholder or to Shareholder’s property or assets.

 

(e)                                  No consent, approval or authorization of, or designation, declaration or filing with, any Governmental Authority or other Person on the part of Shareholder is required in connection with the valid execution and delivery of this Agreement or Shareholder’s performance of his, her or its obligations hereunder.  No consent of Shareholder’s spouse is necessary under any “community property” or other Laws in order for Shareholder to enter into and perform his, her or its obligations under this Agreement.

 

3.                                      Agreement to Vote Shares.  Except as expressly permitted under Section 5.10 of the Merger Agreement, Shareholder agrees during the term of this Agreement to vote the Shares, and to cause any holder of record of Shares to vote (or execute a written consent or consents if shareholders of the Company are requested to vote their shares through the execution of an action by written consent in lieu of any such annual or special meeting of Shareholders of the Company):

 

(a)                                 in favor of the Merger, the Merger Agreement and any other matter necessary for the consummation of the transactions contemplated by Merger Agreement, at every meeting (or in connection with any action by written consent) of the shareholders of the Company at which such matters are considered, at every adjournment or postponement thereof or in any other circumstances upon which their vote or other approval is sought; and

 

(b)                                 against (i) any Superior Proposal or any action which is a component of any Superior Proposal, (ii) any Acquisition Proposal, (iii) any action, proposal, transaction or agreement which would reasonably be expected to result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company under the Merger Agreement or of Shareholder under this Agreement, (iv) any action, proposal, transaction or agreement that would reasonably be expected to impede, interfere with, delay, discourage, adversely

 

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affect or inhibit the timely consummation of the Merger or the fulfillment of the Company’s conditions under the Merger Agreement and (v) a change in any manner to the voting rights of any class of shares of the Company (including any amendments to the articles of incorporation or bylaws of the Company).

 

4.                                      Irrevocable Proxy.  Shareholder hereby appoints Parent and any designee of Parent, and each of them individually, its proxies and attorneys-in-fact, with full power of substitution and resubstitution, to vote or act by written consent during the term of this Agreement with respect to the Shares in accordance with Section 3.  This proxy and power of attorney is given to secure the performance of the duties of Shareholder under this Agreement.  Shareholder shall take such further action or execute such other instruments as may be necessary to effectuate the intent of this proxy.  This proxy and power of attorney granted by Shareholder shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in Law to support an irrevocable proxy and shall revoke any and all prior proxies granted by Shareholder with respect to the Shares.  The power of attorney granted by Shareholder herein is a durable power of attorney and shall survive the dissolution, bankruptcy, death or incapacity of Shareholder.  The proxy and power of attorney granted hereunder shall terminate upon the termination of this Agreement.

 

5.                                      No Solicitation of Transactions.  Except as otherwise contemplated or permitted by the Merger Agreement, and subject to Section 11 hereof, Shareholder will not, directly or indirectly (a) solicit, initiate or take any other action to facilitate or knowingly encourage any Acquisition Transaction, (b) maintain, continue or participate in any discussions or negotiations with any Person or entity in furtherance of, or furnish to any Person any information, with respect to any Acquisition Transaction or (c) agree or authorize any Person to do any of the foregoing.

 

6.                                      No Voting Trusts or Other Arrangement.  Shareholder agrees that Shareholder will not, and will not permit any Person under Shareholder’s control to, deposit any of the Shares in a voting trust, grant any proxies with respect to the Shares or subject any of the Shares to any arrangement with respect to the voting of the Shares other than agreements entered into with Parent.  Shareholder and Parent intend that this Agreement not constitute a voting trust within the meaning of Section 53-11-34 NMSA 1978.

 

7.                                      Transfer and Encumbrance.  Subject to the following provisions in this Section 7, Shareholder agrees that during the term of this Agreement, Shareholder will not, directly or indirectly, transfer, sell, offer, exchange, assign, pledge or otherwise dispose of or encumber (“Transfer”) any of the Shares or enter into any contract, option or other agreement with respect to, or consent to, a Transfer of, any of the Shares or Shareholder’s voting or economic interest therein.  Any attempted Transfer of Shares or any interest therein in violation of this Section 7 shall be null and void.  This Section 7 shall not prohibit a Transfer of the Shares by Shareholder to any Affiliated Fund provided that, as a precondition to such Transfer, the transferee agrees in a writing, reasonably satisfactory in form and substance to Parent, to be bound by all of the terms of this Agreement.  “Affiliated Fund” means any collective investment vehicle organized and managed by Castle Creek Capital or one of their Affiliates:  (a) for the purpose of investing in or parallel to

 

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Shareholder, (b) as a successor fund to Shareholder that has substantially the same investment objective as Shareholder or (c) that exists as of the date hereof and that has substantially the same investment objective as Shareholder.  Further, this Section 7 shall not prohibit a surrender of Shares to the Company in connection with the vesting or settlement of RSUs to satisfy any withholding for the payment of taxes incurred in connection with such vesting or settlement.

 

8.                                      Additional Shares.  Shareholder agrees that all shares of Company Common Stock that Shareholder purchases, acquires the right to vote or otherwise acquires beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of after the execution of this Agreement, including, without limitation, any Company Common Stock issued upon the exercise or conversion of any RSU, shall be subject to the terms of this Agreement and shall constitute Shares for all purposes of this Agreement.

 

9.                                      Waiver of Appraisal and Dissenters’ Rights.  Shareholder hereby waives, and agrees not to assert or perfect, any rights of appraisal or rights to dissent from the Merger that Shareholder may have by virtue of ownership of the Shares.

 

10.                               Termination.  This Agreement shall terminate upon the earliest to occur of (a) the Effective Time; (b) the date on which the Merger Agreement is terminated in accordance with its terms; and (c) the date of any modification, waiver or amendment of the Merger Agreement as in effect as of the date hereof that either (i) adversely affects the consideration payable to Shareholders of the Company pursuant thereto or (ii) otherwise materially adversely affects the Shareholder.

 

11.                               Shareholder Capacity.  Shareholder is entering this Agreement in Shareholder’s capacity as the record or beneficial owner of the Shares, and not in his or her capacity as a director or officer, as applicable, of the Company or any of its subsidiaries.  Nothing in this Agreement (a) will limit or affect any actions or omissions taken by Shareholder in Shareholder’s capacity as a director or officer, including in exercising rights under the Merger Agreement, and no such actions or omissions shall be deemed a breach of this Agreement or (b) will be construed to prohibit, limit or restrict Shareholder from exercising Shareholder’s fiduciary duties as an officer or director to the Company or its shareholders.

 

12.                               No Ownership Interest.  Nothing contained in this Agreement shall be deemed to vest in Parent any direct or indirect ownership or incidence of ownership of or with respect to any of the Shares.  All rights, ownership and economic benefits of and relating to the Shares shall remain vested in and belong to Shareholder, and Parent shall not have any authority to direct Shareholder in the voting of the Shares, except as otherwise set forth herein.

 

13.                               Specific Performance.  Shareholder acknowledges that (a) irreparable damage would occur in the event that Shareholder fails to comply with any of its obligations contained in this Agreement, (b) every obligation of Shareholder herein is material, and (c) in the event of such failure, Parent will not have an adequate remedy at law or in damages.  Accordingly, Shareholder agrees that Parent shall be entitled to seek an injunction to prevent a breach of this Agreement and to seek to enforce specifically the terms and provisions hereof, in addition to any other remedy to which Parent is entitled at law or in equity.  Shareholder

 

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agrees that it will not seek and will agree to waive any requirement for the securing or posting of a bond in connection with Parent seeking or obtaining such injunctive relief.

 

14.                               Entire Agreement.  This Agreement supersedes all prior agreements, written or oral, between the parties hereto with respect to the subject matter hereof and, together with the Merger Agreement, contains the entire agreement between the parties with respect to the subject matter hereof.  This Agreement may not be amended or supplemented, and no provisions hereof may be modified or waived, except by an instrument in writing signed by both of the parties hereto.  No waiver of any provisions hereof by either party shall be deemed a waiver of any other provisions hereof by such party, nor shall any such waiver be deemed a continuing waiver of any provision hereof by such party.

 

15.                               Notices.  All notices, requests, claims, demands, and other communications hereunder shall be in writing and shall be deemed to have been given (a) when delivered by hand (with written confirmation of receipt), (b) when received by the addressee if sent by a nationally recognized overnight courier (receipt requested), (c) on the date sent by e-mail of a PDF document (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the recipient, or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid.  Such communications must be sent to the respective parties at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this Section 15):

 

If to Parent:

 

Enterprise Financial Services Corp
150 North Meramec
Clayton, MO 63105
Attn:  General Counsel
Email:  legaltracking@enterprisebank.com

 

With a copy to:

 

Holland & Knight, LLP
Cira Center
2929 Arch Street, Suite 800
Philadelphia, PA 19104
Attn:  Paul J. Jaskot, Esq.
Email:  paul.jaskot@hklaw.com

 

If to Shareholder, to the address or facsimile number set forth for Shareholder on the signature page hereof.

 

16.                               Miscellaneous.

 

(a)                                 This Agreement shall be governed by and construed in accordance with the internal laws of the State of Delaware without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that

 

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would cause the application of Laws of any jurisdiction other than those of the State of Delaware.

 

(b)                                 Each of the parties hereto irrevocably agrees that any legal action or proceeding with respect to this Agreement and the rights and obligations arising hereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations arising hereunder brought by the other party hereto or its successors or assigns shall be brought and determined exclusively in the state or federal courts located in the State of Delaware.  Each of the parties hereto agrees that mailing of process or other papers in connection with any such action or proceeding in the manner provided in Section 15 or in such other manner as may be permitted by applicable Laws, will be valid and sufficient service thereof.  Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any action relating to this Agreement or any of the transactions contemplated by this Agreement in any court or tribunal other than the aforesaid courts.  Each of the parties hereto hereby irrevocably waives, and agrees not to assert, by way of motion, as a defense, counterclaim or otherwise, in any action or proceeding with respect to this Agreement and the rights and obligations arising hereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations arising hereunder (i) any claim that it is not personally subject to the jurisdiction of the above named courts for any reason other than the failure to serve process in accordance with this Section 16(b), (ii) any claim that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise), and (iii) to the fullest extent permitted by the applicable Law, any claim that (x) the suit, action or proceeding in such court is brought in an inconvenient forum, (y) the venue of such suit, action or proceeding is improper, or (z) this Agreement, or the subject matter hereof, may not be enforced in or by such courts.  Notwithstanding the foregoing, if any civil action, arbitration or other legal proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach, default or misrepresentation in connection with any provision of this Agreement, the successful or prevailing party or parties shall be entitled to recover reasonable attorneys’ fees, court costs and all expenses even if not taxable as court costs (including without limitation, all such fees, taxes, costs and expenses incident to arbitration, appellate, bankruptcy and post-judgment proceedings), incurred in that proceeding, in addition to any other relief to which such party or parties may be entitled.  Attorneys’ fees shall include, without limitation, paralegal fees, investigative fees, administrative costs and all other charges billed by the attorney to the prevailing party (including any fees and costs associated with collecting such amounts).

 

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(c)                                  EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT.  EACH PARTY TO THIS AGREEMENT CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (II) SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 16(c).

 

(d)                                 If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.  Upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

 

(e)                                  This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same instrument.  Signatures delivered by electronic data file shall have the same effect as originals.

 

(f)                                   Each party hereto shall execute and deliver such additional documents as may be necessary or desirable to effect the transactions contemplated by this Agreement.

 

(g)                                  All Section headings herein are for convenience of reference only and are not part of this Agreement, and no construction or reference shall be derived therefrom.

 

(h)                                 The obligations of Shareholder set forth in this Agreement shall not be effective or binding upon Shareholder until after such time as the Merger Agreement is executed and delivered by the Company and Parent, and the parties agree that there is not and has not been any other agreement, arrangement or understanding between the parties hereto with respect to the matters set forth herein.

 

(i)                                     Neither party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of the other party hereto except as

 

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set forth in Section 7.  Any assignment contrary to the provisions of this Section 16(i) shall be null and void.

 

[Remainder of page intentionally left blank; signature page to follow]

 

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IN WITNESS WHEREOF, the parties hereto have executed and delivered this Voting Agreement as of the date first written above.

 

	ENTERPRISE FINANCIAL SERVICES CORP:
	By
	Name:
	Title:
	SHAREHOLDER:
	NAME:		CASTLE CREEK CAPITAL PARTNERS VI, LP
	By		/s/ Tony Scavuzzo
	Name:		Tony Scavuzzo
	Title:		Principal
	Beneficially owned by Shareholder as of the date of this Agreement
	Number of Shares:			1,151,475
	Number of RSUs:			0
	Shareholder’s Address:			6051 El Tordo
	City/State/Zip Code:			Rancho Santa Fe, CA 92067
	Fax: