AGREEMENT AND PLAN OF MERGER by and among FIRST PACTRUST BANCORP, INC., BEACH BUSINESS BANK and THE PRIVATE BANK OF CALIFORNIA Dated as of August 21, 2012Agreement and Plan of Merger • August 27th, 2012 • First Pactrust Bancorp Inc • National commercial banks • California
Agreement and Plan of Merger (“Agreement”), dated as of August 21, 2012, by and among First PacTrust Bancorp, Inc., a Maryland corporation (“Parent”), Beach Business Bank, a California corporation (“Beach”), and The Private Bank of California, a California corporation (“Company”). Certain capitalized terms have the meanings given to such terms in Article I.
Re: Agreement and Plan of Merger by and between First PacTrust Bancorp, Inc. (“Buyer”) and The Private Bank of California (the “Company”)First Pactrust Bancorp Inc • August 27th, 2012 • National commercial banks • California
In consideration of the expenses and other obligations Buyer will incur in connection with the Agreement and Plan of Merger, by and between Buyer and the Company, dated as of August [●], 2012 (as may be amended, amended and restated or otherwise modified from time to time, the “Merger Agreement”), and in order to induce Buyer to execute the Merger Agreement and to proceed to incur such expenses, ________________________________________________________________________________________________________________________________________________________________________________________________________________________ (“Shareholder”) hereby agrees as follows (capitalized terms used and not defined herein shall have the meaning given such terms in the Merger Agreement):
