0000948520-16-000079 Sample Contracts

MUTUAL WAIVERS
Mutual Waivers • March 28th, 2016 • Southcoast Financial Corp • State commercial banks

WHEREAS, BNC Bancorp (“BNC”) and Southcoast Financial Corporation (“Southcoast”) are parties to an Agreement and Plan of Merger dated as of August 14, 2015, as amended, (the “Agreement”); and

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