FORM OF LETTER AGREEMENTAgreement of Reorganization and Merger • June 25th, 2007 • National Penn Bancshares Inc • National commercial banks
National Penn Bancshares, Inc. ("NPB") and Christiana Bank & Trust Company ("Christiana") are considering entering into an Agreement of Reorganization and Merger dated June 25, 2007 (the "Agreement").
AGREEMENT OF REORGANIZATION AND MERGERAgreement of Reorganization and Merger • June 25th, 2007 • National Penn Bancshares Inc • National commercial banks • Delaware
THIS AGREEMENT OF REORGANIZATION AND MERGER, dated as of June 25, 2007 ("Agreement"), is made by and between NATIONAL PENN BANCSHARES, INC., a Pennsylvania corporation ("NPB"), and CHRISTIANA BANK & TRUST COMPANY, a Delaware banking corporation ("CBT").
