ACQUISITION AGREEMENT BY NETBANK, INC. AND NET INTERIM, INC. TO ACQUIRE MARKET STREET MORTGAGE CORPORATION FROM REPUBLIC BANK, REPUBLIC BANCORP, INC. AND CERTAIN SHAREHOLDERS DATED APRIL 15, 2001Acquisition Agreement • April 30th, 2001 • Netbank Inc • Savings institutions, not federally chartered • Georgia
THIS ACQUISITION AGREEMENT (the "Agreement") is made and entered into as of the 15th day of April, 2001 by and among NETBANK, INC. ("NetBank"), a Georgia corporation; NET INTERIM, INC. ("Interim") a Georgia corporation and a wholly-owned subsidiary of NetBank; REPUBLIC BANCORP, INC. (the "Holding Company"), a Michigan corporation; REPUBLIC BANK, a Michigan banking corporation ("Republic"); MARKET STREET MORTGAGE CORPORATION (the "Company"), a Michigan corporation and a wholly-owned subsidiary of Republic; and RANDALL C. JOHNSON, T. DONNELL SMITH, MICHAEL DILLON and JAMES CAPPS (collectively, the "Shareholders"), individual shareholders of the Company.
