TERMINATION AGREEMENT AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF COLONIAL BANK MONTGOMERY, ALABAMA FEDERAL DEPOSIT INSURANCE CORPORATION and BRANCH BANKING & TRUST COMPANY DATED AS OF SEPTEMBER 14, 2016Termination Agreement • September 15th, 2016 • Bb&t Corp • National commercial banks
THIS TERMINATION AGREEMENT (the “Agreement”), is made and entered into as of the fourteenth day of September, 2016, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, as RECEIVER OF COLONAL BANK, MONTGOMERY, ALABAMA (the “Receiver”), BRANCH BANKING & TRUST COMPANY, organized under the laws of the State of North Carolina and having its principal place of business in Winston-Salem, North Carolina (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”). The Receiver, the Corporation and the Assuming Institution may each be referred to herein as a “Party” or collectively as the “Parties”.
