December 11, 2005Employment Agreement • December 12th, 2005 • First Security Bancorp Inc /Ky/ • State commercial banks
AGREEMENT AND PLAN OF MERGERMerger Agreement • December 12th, 2005 • First Security Bancorp Inc /Ky/ • State commercial banks • Kentucky
This is an Agreement and Plan of Merger (this “Agreement”) dated as of December 12, 2005, among: (a) American Founders Bank, Inc., a Kentucky banking corporation (“American Bank”); (b) American Founders Bancorp, Inc., a Kentucky corporation (“AFB”); (c) American Founders Acquisition, Inc., a Kentucky corporation which is wholly owned by AFB (“Merger Subsidiary”); and (d) First Security Bancorp, Inc., a Kentucky corporation (“First Security”). First Security Bank of Lexington, Inc., Lexington, Kentucky, a Kentucky banking corporation (the “Bank”), joins in this Agreement for the limited purposes set forth in Sections 5.09, 5.12, 5.15 and 8.09.
