PURCHASE AND ASSUMPTION AGREEMENT BY AND BETWEEN PEOPLE’S UNITED BANK, NATIONAL ASSOCIATION AND BAR HARBOR BANK & TRUSTPurchase and Assumption Agreement • July 8th, 2019 • Bar Harbor Bankshares • State commercial banks • New York
This Purchase and Assumption Agreement (this “Agreement”) is made and entered into as of July 8, 2019 by and between PEOPLE’S UNITED BANK, NATIONAL ASSOCIATION, a national bank with its principal office at 850 Main Street, Bridgeport, Connecticut 06604 (“Seller”) and BAR HARBOR BANK & TRUST, a Maine-chartered bank with its principal office at 82 Main St., Bar Harbor, Maine 04609 (“Purchaser”). Seller and Purchaser are from time to time referred to collectively as the “Parties,” or each individually as a “Party.”
