Exhibit 99.1
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NEW PEOPLES BANKSHARES, INC.
SUBSCRIPTION AGREEMENT
Subject to the terms of the offering described in the Prospectus dated
________ __, 2002 (the "Prospectus") of New Peoples Bankshares, Inc. (the
"Company"), I hereby subscribe for the number of shares of common stock of the
Company set forth below for a purchase price of $10.00 per share. Enclosed with
this Subscription Agreement is my check made payable to "New Peoples Bankshares,
Inc." evidencing $10.00 for each share subscribed for, which funds are to be
deposited in the Company's general corporate accounts for use as described in
the Prospectus.
I understand that my subscription is conditioned upon acceptance by the
Company. I further understand that the Company, in its sole discretion, may
reject my subscription in whole or in part and may allot to me fewer shares than
I have subscribed for. In the event that the offering is terminated, funds paid
under this Subscription Agreement will be returned to me with no interest
earned.
I certify that I have read the Prospectus and that I am relying on no
representations other than those set forth in the Prospectus. I understand that
when this Subscription Agreement is executed and delivered, it is irrevocable
and binding upon me. I further understand and agree that my right to purchase
shares hereunder may not be assigned or transferred to any third party without
the express written consent of the Company.
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Signature * Additional Signature
(If required)
Date
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*If joint tenancy, tenancy-by-the-entirety or tenants in common is
desired, both names and signatures are required; if a corporation, this
Agreement must be executed by its president; if a trust, by all trustees; if by
a partnership, by any general partner.
Please complete the reverse side.
Accepted by:
NEW PEOPLES BANKSHARES, INC.
By:
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Name: Date
Title:
NEW PEOPLES BANKSHARES, INC.
STOCK REGISTRATION FORM
PLEASE PRINT
Number of Shares Subscribed:
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Aggregate Price Included ($10.00 per share):
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Name(s) in which stock is to be registered
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Address (Street or P. O. Box)
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City, State and Zip
( ) ( )
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Daytime Phone Evening Phone
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Taxpayer I.D. (Social Security NO.) Email Address
Legal form of ownership (PLEASE CIRCLE):
o Individual o Joint Tenants with Right of Survivorship
o Tenants in Common o Uniform Transfers to Minors
o Tenancy-by-the-entirety o Other:
Complete all blanks on this Subscription Agreement, make checks payable
to "New Peoples Bankshares, Inc." and mail or deliver this Subscription
Agreement and check to:
Ms. Sereada Schiano
New Peoples Bankshares, Inc.
2 Gent Drive
Honaker, Virginia 24260
Any questions concerning subscriptions or the subscription offering may
be directed to the above address.