AGREEMENT AND PLAN OF SHARE EXCHANGEShare Exchange Agreement • October 20th, 2008 • First Freedom Bancshares, Inc. • Tennessee
THIS AGREEMENT AND PLAN OF SHARE EXCHANGE (the “Agreement”) is executed and delivered as of April 15, 2008, by and between FIRST FREEDOM BANCSHARES, INC., a Tennessee corporation (“Company”), and FIRST FREEDOM BANK, a Tennessee-chartered banking corporation (“Bank”), for the purpose of effecting a statutory share exchange to facilitate the formation of a one-bank holding company that will own all of the issued and outstanding shares of Bank.
