STOCK PURCHASE AGREEMENTStock Purchase Agreement • September 26th, 2016 • First Merchants Corp • National commercial banks • Indiana
This Stock Purchase Agreement (“Agreement”) is dated as of September 20, 2016 and is by and among (i) First Merchants Corporation, an Indiana corporation (the “Purchaser”), (ii) Leland E. Boren, Leland E. Boren IRA, LaRita R. Boren CRT III, Lael Eric Boren Trust, Andrew Jordan Bowser Trust, Samantha Lyn Bowser Trust, Lukas Eric Boren Trust, Karan Laurae Meyers Trust, and Katelyn Marie Boren Trust (each, a “Seller” and collectively, the “Sellers”), and (iii) Leland E. Boren, in his capacity as representative of the Sellers (the “Sellers’ Representative”). The parties hereto are sometimes referred to herein individually as a “Party” and collectively as the “Parties”. Capitalized terms not otherwise defined herein have the meanings assigned to such terms in Article 10.
