PURCHASE AND ASSUMPTION AGREEMENT BY AND AMONG RBS CITIZENS, NATIONAL ASSOCIATION, COMMUNITY BANK, NATIONAL ASSOCIATION, AND COMMUNITY BANK SYSTEM, INC. June 24, 2008Purchase and Assumption Agreement • June 26th, 2008 • Community Bank System Inc • National commercial banks • New York
This Purchase and Assumption Agreement (“Agreement”) dated as of June 24, 2008 by and among RBS Citizens, National Association, a national banking association with its principal office at One Citizens Plaza, Providence, Rhode Island 02903 (“Seller”), Community Bank, National Association, a national banking association with its principal office at 45-49 Court Street, Canton, New York 13617 (“Purchaser”), and Community Bank System, Inc., a Delaware corporation with its principal office at 5790 Widewaters Parkway, DeWitt, New York 13214 (“Parent”).
