AGREEMENT AND PLAN OF MERGER DATED AS OF NOVEMBER 8, 2008 BY AND AMONG INDEPENDENT BANK CORP., INDEPENDENT ACQUISITION SUBSIDIARY, INC., ROCKLAND TRUST COMPANY, BENJAMIN FRANKLIN BANCORP, INC., AND BENJAMIN FRANKLIN BANKSettlement Agreement • November 10th, 2008 • Independent Bank Corp • State commercial banks • Massachusetts
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of November 8, 2008, by and among Independent Bank Corp., a Massachusetts corporation (“Buyer”), Independent Acquisition Subsidiary, Inc., a Massachusetts corporation and wholly-owned subsidiary of Buyer (“Merger Sub”), Rockland Trust Company, a Massachusetts-chartered trust company and wholly owned subsidiary of Buyer (“Buyer Bank”), Benjamin Franklin Bancorp, Inc., a Massachusetts corporation (“Company”), and Benjamin Franklin Bank, a Massachusetts-chartered savings bank and wholly owned subsidiary of Company (“Company Bank”).
