ASSET PURCHASE AGREEMENT BY AND BETWEEN BANKERS INSURANCE, L.L.C., GATEWAY INSURANCE SERVICES, INC., AND THE BANK OF HAMPTON ROADS DATED AS OF AUGUST 1, 2011Asset Purchase Agreement • August 2nd, 2011 • Hampton Roads Bankshares Inc • National commercial banks • Virginia
This ASSET PURCHASE AGREEMENT, dated as of August 1 2011, is made by and among BANKERS INSURANCE, L.L.C., a Virginia limited liability company (“Buyer”), GATEWAY INSURANCE SERVICES, INC., a North Carolina corporation (“Seller”), and THE BANK OF HAMPTON ROADS, a Virginia corporation and the sole stockholder of Seller (the “Parent”).
