SC 13D/A 1 sc0062.htm AMENDMENT NO. 4 TO SCHEDULE 13D Amendment No. 2 to Schedule 13D

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

 

SCHEDULE 13D

Under the Securities Exchange of 1934
(Amendment No. 4)*

Cascade Bancorp

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

147154108

 

(CUSIP Number)

Mark J. Menting, Esq.
Sullivan & Cromwell LLP
125 Broad Street
New York, NY 10004

 

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

May 29, 2009

 

(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 Rule 13d-1(e), 13d-1(f) or 13-1(g), check the following box.  [_]

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.

*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 (“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).

SCHEDULE 13D

CUSIP No. 147154108

   

1

NAME OF REPORTING PERSONS.
 

David F. Bolger

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) [_]

(b) [X]

3

SEC USE ONLY

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)
 

OO

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

[_]

6

CITIZENSHIP OR PLACE OF ORGANIZATION
 

Florida, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER
 

2,542,664

8

SHARED VOTING POWER
 

920,380

9

SOLE DISPOSITIVE POWER
 

2,542,664

10

SHARED DISPOSITIVE POWER
 

920,380

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 

3,463,044

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

[_]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 

12.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 

IN

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SCHEDULE 13D

CUSIP No. 147154108

   

1

NAME OF REPORTING PERSONS.
 

Two-Forty Associates, a Pennsylvania Limited Partnership

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) [_]

(b) [X]

3

SEC USE ONLY

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)
 

OO

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

[_]

6

CITIZENSHIP OR PLACE OF ORGANIZATION
 

Pennsylvania, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER
 

0

8

SHARED VOTING POWER
 

192,321

9

SOLE DISPOSITIVE POWER
 

0

10

SHARED DISPOSITIVE POWER
 

192,321

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 

192,321

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

[_]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 

0.7%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 

PN

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SCHEDULE 13D

CUSIP No. 147154108

   

1

NAME OF REPORTING PERSONS.
 

The David F. Bolger 2008 Grantor Retained Annuity Trust

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) [_]

(b) [X]

3

SEC USE ONLY

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)
 

OO

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

[_]

6

CITIZENSHIP OR PLACE OF ORGANIZATION
 

Florida, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER
 

0

8

SHARED VOTING POWER
 

728,059

9

SOLE DISPOSITIVE POWER
 

0

10

SHARED DISPOSITIVE POWER
 

728,059

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 

728,059

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

[_]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 

2.6%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 

OO

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SCHEDULE 13D

CUSIP No. 147154108

   

1

NAME OF REPORTING PERSONS.
 

The David F. Bolger 2008 Nongrantor Charitable Lead Annuity Trust

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) [_]

(b) [X]

3

SEC USE ONLY

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)
 

OO

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

[_]

6

CITIZENSHIP OR PLACE OF ORGANIZATION
 

Florida, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER
 

0

8

SHARED VOTING POWER
 

2,526,955

9

SOLE DISPOSITIVE POWER
 

0

10

SHARED DISPOSITIVE POWER
 

2,526,955

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 

2,526,955

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

[_]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 

9%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 

OO

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Item 1.

Security and Issuer.

This Amendment No. 4 to the Statement on Schedule 13D (the “Amendment No. 4”) amends the Statement on Schedule 13D originally filed on April 27, 2006, as amended by Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006, Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008 and Amendment No. 3 to the Statement on Schedule 13D filed on April 2, 2009 (together with Amendment No. 1, Amendment No. 2 and Amendment No. 3, the “Initial Schedule 13D”), and relates to the common stock, no par value (the "Common Stock"), of Cascade Bancorp, an Oregon corporation and a registered financial holding company (the "Company"). The address of the principal executive offices of the Company is 1100 NW Wall Street, P.O. Box 369, Bend, Oregon 97709.
 
Except as specifically amended by this Amendment No. 4, the Initial Schedule 13D, as amended by this Amendment No. 4, remains in full force and effect. Capitalized terms used but not defined herein have the meaning assigned to them in the Initial Schedule 13D.
 

Item 3.

Source and Amount of Funds or Other Consideration

Item 3 is hereby amended by adding the following after the final paragraph thereof:
 
As of May 29, 2009, The David F. Bolger 2008 Grantor Retained Annuity Trust (the “GRAT”) transferred 1,209,273 shares of Common Stock to David F. Bolger in the form of an annuity payment (the “Transfer”). The Transfer was required by the terms of the organizational documents of the GRAT as described below under Item 4 and did not involve the payment of any consideration. After giving effect to the Transfer, Mr. Bolger beneficially owns 3,463,044 shares of Common Stock (2,542,664 shares that are owned directly as an individual, 192,321 shares that are owned through his status as the sole trustee of the general partner of Two-Forty L.P. and 728,059 shares that are owned through his status as the sole trustee of the GRAT).
 

Item 4.

Purpose of the Transaction

Item 4 is hereby amended and restated as follows:
 
The Reporting Persons have acquired beneficial ownership of the shares of Common Stock as described in this Schedule 13D for investment purposes.
 
Except as set forth below, as of the date of this Amendment No. 4, none of the Reporting Persons has any present plans or proposals which would result in or relate to any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
In accordance with the terms of the governing instrument of the CLAT, the CLAT is obligated to make an annuity payment to the Valley Hospital Foundation in Ridgewood, New Jersey in an amount equal to 21.96% of the initial fair market value of the property transferred
 

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to the CLAT in each taxable year of the CLAT. In order to make such a payment, the CLAT will transfer shares of Common Stock to the Valley Hospital Foundation.  Mr. Bolger may purchase the shares of Common Stock transferred to Valley Hospital at a price and on terms to be agreed at the time of any such purchase.

On the date preceding the fifth anniversary of its creation, the CLAT will terminate and it will transfer any remaining assets to The David F. Bolger 2008 Irrevocable Family Trust (the “IFT”). The IFT will, in turn, immediately distribute those assets to separate trusts established for the benefit of each of Mr. Bolger’s three children.
 
In accordance with the terms of the governing instrument of the GRAT, on each anniversary of the creation of the GRAT, it will make an annuity payment to Mr. Bolger of the Common Stock or cash with a value on such annuity date as follows:
 

 

First annual payment: 14.9235000% of the initial fair market value of the GRAT.

 

Second annual payment: 17.9082000% of the initial fair market value of the GRAT.

 

Third annual payment: 21.4898400% of the initial fair market value of the GRAT.

 

Fourth annual payment: 25.7878080% of the initial fair market value of the GRAT.

 

Fifth annual payment: 30.9453696% of the initial fair market value of the GRAT.

The date of each of the above annual payments will be May 29.

Upon its fifth anniversary, the GRAT will terminate and it will transfer any remaining assets to the IFT. The IFT will, in turn, immediately distribute those assets to separate trusts established for the benefit of each of Mr. Bolger’s three children.
 
The Reporting Persons will from time to time evaluate their investment in the securities of the Company and may in the future seek to acquire additional securities or dispose of all or a portion of the securities beneficially owned by them or engage in derivative transactions (which may be physically or cash settled) relating to securities of the Company. Any such acquisition or disposition may be effected through privately negotiated transactions, in the open market, in block transactions or otherwise. Derivative transactions may involve the purchase or writing of exchange traded options or entering into over-the-counter derivative transactions; the derivative transactions may increase or decrease the Reporting Persons’ economic exposure to the Company. Any determination to acquire or dispose of securities of the Company or engage in derivative transactions will depend on a number of factors, including the Company’s business and financial position and prospects, other developments concerning the Company, the price levels at which shares of Common Stock of the Company are traded, general market and economic conditions, the availability of financing and other opportunities available to the Reporting Persons. There can be no assurance that any such acquisition or disposition of securities of the Company or derivative transactions will occur or as to the timing or method of any such acquisition, disposition or transaction.

The Reporting Persons may have discussions with the Company’s management, members of the Company’s Board of Directors, other significant shareholders and others regarding the Company’s business, strategy and future plans and alternatives. Specifically, in light of the
 

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serious financial difficulties facing the Company, the Company and Mr. Bolger have engaged in discussions regarding a possible additional investment in the equity securities of the Company or Bank of the Cascades (the “Bank”) by Mr. Bolger. Although as of the date hereof there is no understanding or agreement with respect to any such investment, the discussions have focused on an investment by Mr. Bolger of approximately $25 million which would be conditioned upon the issuance of an as yet undetermined amount of equity securities of the Company to third parties. Mr. Bolger expects these discussions to continue and such discussions could lead to definitive arrangements. Any potential investment would be subject to a due diligence investigation of the Company and may require the approval of the Company’s shareholders. Mr. Bolger currently expects that any potential investment would ultimately result in the Reporting Persons collectively owning a significantly higher percentage of the common equity of the Company or the Bank than the Reporting Persons currently own and could result in the Reporting Persons owning more than 50% of the Company or the Bank. There can be no assurances that Mr. Bolger will continue to engage in such discussions or that he and the Company will reach an understanding or agreement on the terms of any investment in the Company or the Bank.

Item 5.

Interest in Securities of the Issuer

Item 5 is hereby amended and restated as follows:
 
(a) See items 11 and 13 of the cover pages to this Amendment No. 4 for the aggregate number and percentage of shares of Common Stock beneficially owned by each of the Reporting Persons. Based on information provided in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2009, as of April 30, 2009 there were 28,080,760 shares of Common Stock outstanding.
 
After giving effect to the Transfer, Mr. Bolger beneficially owns 3,463,044 shares of Common Stock, which represent approximately 12.3% of the outstanding shares of Common Stock. This total comprises 2,542,664 shares of Common Stock that Mr. Bolger owns directly as an individual, and 192,321 shares of Common Stock that Mr. Bolger owns through Two-Forty L.P. and 728,059 shares of Common Stock that he owns through the GRAT, by virtue of his status as the sole trustee of each of the GRAT and The David F. Bolger Revocable Trust, which is the general partner of Two-Forty L.P. All of the share totals in this Amendment No. 4 reflect the 5-for-4 stock split the Company effected on October 16, 2006.
 
Two-Forty L.P. beneficially owns 192,321 shares of Common Stock, which represent approximately 0.7% of the outstanding shares of Common Stock. Mr. Bolger beneficially owns these shares as the sole trustee of the entity that is the general partner of Two-Forty L.P.
 
The CLAT beneficially owns 2,526,955 shares of Common Stock, which represent approximately 9% of the outstanding shares of Common Stock. Mr. Wells serves as the sole trustee of the CLAT. As of May 29, 2009, Mr. Wells also serves as a director of the Company and the Bank and beneficially owns 44,639 shares of Common Stock for his own account.
 

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The GRAT beneficially owns 728,059 shares of Common Stock, which represent approximately 2.6% of the outstanding shares of Common Stock. Mr. Bolger beneficially owns these shares as the sole trustee of the GRAT.
 
(b) Mr. Bolger has the sole power to vote or to direct the vote or to dispose or direct the disposition of 2,542,664 shares of Common Stock.
 
Mr. Bolger, as the sole trustee of The David F. Bolger Revocable Trust (the general partner of Two-Forty L.P.), has shared power to vote or to direct the vote or to dispose or direct the disposition of 192,321 shares of Common Stock. Two-Forty L.P. has shared power to vote or to direct the vote or to dispose or direct the disposition of 192,321 shares of Common Stock.
 
Mr. Wells, as the sole trustee of the CLAT, has the sole power to vote or to direct the vote or to dispose or direct the disposition of 2,526,955 shares of Common Stock held by the CLAT, in accordance with the terms of the governing instrument of the CLAT. Mr. Wells also has the sole power to vote or to direct the vote or to dispose or direct the disposition of 44,639 shares of Common Stock that he beneficially owns. In addition, as the sole trustee of the CLAT, Mr. Wells has the ability to appoint an investment advisor. Any investment advisor so appointed will have the discretion to dispose or direct the disposition of shares of Common Stock held by the CLAT as it deems appropriate.
 

Mr. Bolger, as the sole trustee of the GRAT, has the sole power to vote or to direct the vote or to dispose or direct the disposition of 728,059 shares of Common Stock held by the GRAT, in accordance with the terms of the governing instrument of the GRAT.
 
(c) As described in Item 3 above, as of May 29, 2009, the GRAT transferred 1,209,273 shares of Common Stock to David F. Bolger in the form of an annuity payment. The Transfer was required by the terms of the organizational documents of the GRAT as described above under Item 4 and did not involve the payment of any consideration. The closing price of the Common Stock on May 29, 2009 was $1.93.
 
(d) As the sole trustee of The David F. Bolger Revocable Trust (which is the general partner of Two-Forty L.P.), Mr. Bolger has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 192,321 shares of Common Stock that are held by Two-Forty L.P.
 
As the sole trustee of the CLAT, Mr. Wells has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 2,526,955 shares of Common Stock that are held by the CLAT.
 
As the sole trustee of the GRAT, Mr. Bolger has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 728,059 shares of Common Stock that are held by the GRAT.
 

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The CLAT disclaims that it is part of a group that includes any of the GRAT, Mr. Bolger and Two-Forty L.P. as well as any beneficial ownership of shares beneficially owned by the GRAT, Mr. Bolger or Two-Forty L.P.
 
Each of the GRAT, Mr. Bolger and Two-Forty L.P. disclaims that it or he is part of a group that includes the CLAT as well as any beneficial ownership of shares beneficially owned by the CLAT.
 
(e) Not applicable.
 

Item 7.

Material to be Filed as Exhibits

Exhibit No.

Description

 

 

1.

Joint Filing Agreement, dated as of May 28, 2008, by and among The Reporting Persons (previously filed as Exhibit 1 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

2.

The David F. Bolger 2008 Nongrantor Charitable Lead Annuity Trust, dated as of May 28, 2008, between David F. Bolger, as the donor, and Thomas M. Wells, Esquire, as the initial trustee (previously filed as Exhibit 2 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

3.

The David F. Bolger 2008 Grantor Retained Annuity Trust, dated as of May 28, 2008, between David F. Bolger, as the grantor, and David F. Bolger, as the trustee (previously filed as Exhibit 3 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

4.

Investor Representation Letter, dated as of May 25, 2006, among Cascade Bancorp, David F. Bolger and Northfield Mount Hermon School (previously filed as Exhibit 1 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

5.

Investor Representation Letter, dated as of May 25, 2006, among Cascade Bancorp, David F. Bolger and West Bergen Mental Healthcare Foundation (previously filed as Exhibit 2 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

6.

Letter Agreement, dated as of May 25, 2006, between Cascade Bancorp and Northfield Mount Hermon School (previously filed as Exhibit 3 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

7.

Agreement of Merger, dated as of December 27, 2005, by and among Cascade Bancorp, F&M Holding Company, F&M Acquisition Corporation and David F. Bolger (previously filed as Exhibit 1 to the Statement on Schedule 13D filed on April 27, 2006).

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8.

Investor Representation Letter, dated as of April 20, 2006, between Cascade Bancorp and David F. Bolger (previously filed as Exhibit 2 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

9.

Investor Representation Letter, dated as of April 20, 2006, between Cascade Bancorp and Two-Forty Associates, a Pennsylvania limited partnership (previously filed as Exhibit 3 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

10.

Shareholders Agreement, dated as of December 27, 2005, by and among Cascade Bancorp, David F. Bolger and each person listed on Schedule A thereto (previously filed as Exhibit 4 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

11.

Amendment No. 1 to Agreement of Merger, dated as of April 13, 2006, by and among Cascade Bancorp, F&M Holding Company, F&M Acquisition Corporation and David F. Bolger (previously filed as Exhibit 5 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

12.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and Clarence Jones (previously filed as Exhibit 6 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

13.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and Thomas M. Wells (previously filed as Exhibit 7 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

14.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and John Lambert and Carol A. Lambert (previously filed as Exhibit 8 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

15.

Letter Agreement, dated as of April 20, 2006, between Cascade Bancorp and David F. Bolger (previously filed as Exhibit 1 to the Statement on Schedule 13D filed on April 27, 2006).

 

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SIGNATURES

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

Date:  May 29, 2009

 

DAVID F. BOLGER

 
       
       
 

/s/ David F. Bolger

 
 

David F. Bolger

 
       
       
 

TWO-FORTY ASSOCIATES, a Pennsylvania Limited Partnership

 
       
 

By:

The David F. Bolger Revocable Trust, its General Partner

 
       
       
 

By:

/s/ David F. Bolger

 
   

David F. Bolger, its Trustee

 
       
       
 

THE DAVID F. BOLGER 2008 GRANTOR RETAINED ANNUITY TRUST, an Irrevocable Trust

 
       
       
 

By:

/s/ David F. Bolger

 
   

David F. Bolger, its Trustee

 
       
       
 

THE DAVID F. BOLGER 2008 NONGRANTOR CHARITABLE LEAD ANNUITY TRUST, a Charitable Annuity Trust

 
       
       
 

By:

/s/ Thomas M. Wells

 
   

Thomas M. Wells, its Trustee

 

 

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INDEX OF EXHIBITS

 

Exhibit No.

Description

 

 

1.

Joint Filing Agreement, dated as of May 28, 2008, by and among The Reporting Persons (previously filed as Exhibit 1 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

2.

The David F. Bolger 2008 Nongrantor Charitable Lead Annuity Trust, dated as of May 28, 2008, between David F. Bolger, as the donor, and Thomas M. Wells, Esquire, as the initial trustee (previously filed as Exhibit 2 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

3.

The David F. Bolger 2008 Grantor Retained Annuity Trust, dated as of May 28, 2008, between David F. Bolger, as the grantor, and David F. Bolger, as the trustee (previously filed as Exhibit 3 to Amendment No. 2 to the Statement on Schedule 13D filed on June 3, 2008).

 

 

4.

Investor Representation Letter, dated as of May 25, 2006, among Cascade Bancorp, David F. Bolger and Northfield Mount Hermon School (previously filed as Exhibit 1 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

5.

Investor Representation Letter, dated as of May 25, 2006, among Cascade Bancorp, David F. Bolger and West Bergen Mental Healthcare Foundation (previously filed as Exhibit 2 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

6.

Letter Agreement, dated as of May 25, 2006, between Cascade Bancorp and Northfield Mount Hermon School (previously filed as Exhibit 3 to Amendment No. 1 to the Statement on Schedule 13D filed on May 25, 2006).

 

 

7.

Agreement of Merger, dated as of December 27, 2005, by and among Cascade Bancorp, F&M Holding Company, F&M Acquisition Corporation and David F. Bolger (previously filed as Exhibit 1 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

8.

Investor Representation Letter, dated as of April 20, 2006, between Cascade Bancorp and David F. Bolger (previously filed as Exhibit 2 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

9.

Investor Representation Letter, dated as of April 20, 2006, between Cascade Bancorp and Two-Forty Associates, a Pennsylvania limited partnership (previously filed as Exhibit 3 to the Statement on Schedule 13D filed on April 27, 2006).

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10.

Shareholders Agreement, dated as of December 27, 2005, by and among Cascade Bancorp, David F. Bolger and each person listed on Schedule A thereto (previously filed as Exhibit 4 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

11.

Amendment No. 1 to Agreement of Merger, dated as of April 13, 2006, by and among Cascade Bancorp, F&M Holding Company, F&M Acquisition Corporation and David F. Bolger (previously filed as Exhibit 5 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

12.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and Clarence Jones (previously filed as Exhibit 6 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

13.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and Thomas M. Wells (previously filed as Exhibit 7 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

14.

Investor Representation Letter, dated as of April 20, 2006, among Cascade Bancorp, David F. Bolger and John Lambert and Carol A. Lambert (previously filed as Exhibit 8 to the Statement on Schedule 13D filed on April 27, 2006).

 

 

15.

Letter Agreement, dated as of April 20, 2006, between Cascade Bancorp and David F. Bolger (previously filed as Exhibit 1 to the Statement on Schedule 13D filed on April 27, 2006).


 
 

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