PURCHASE AND ASSUMPTION AGREEMENTPurchase and Assumption Agreement • June 23rd, 2005 • Franklin Bank Corp • Savings institutions, not federally chartered • Texas
THIS PURCHASE AND ASSUMPTION AGREEMENT (“Agreement”), dated this 20th day of June, 2005, is by and among Washington Mutual Bank , a federal savings bank (“Seller”), Franklin Bank, S.S.B., a Texas state savings bank (“Purchaser”) and WM Financial Services, Inc., a Washington corporation (“WMFS”) (with respect to Sections 1.11, 1.12, 5.11 and 9.02 only).
