EMPLOYMENT AGREEMENTEmployment Agreement • July 18th, 2014 • Southside Bancshares Inc • State commercial banks • Texas
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made this 28th day of April, 2014, by and between Southside Bank (the “Bank”) and Southside Bancshares, Inc. (the “Corporation”) and Deborah Wilkinson (the “Employee”). When applicable, Bank shall include Southside Bancshares, Inc. and any wholly-owned subsidiary of the Bank.
QuickLinks -- Click here to rapidly navigate through this documentAgreement and Plan of Merger • July 18th, 2014 • Southside Bancshares Inc • State commercial banks
You have requested our opinion regarding certain U.S. federal income tax consequences of the mergers contemplated by the Agreement and Plan of Merger, dated as of April 28, 2014 (the "Plan of Merger"), by and among Southside Bancshares, Inc., a Texas corporation ("Parent"), Omega Merger Sub, Inc., a Maryland corporation and wholly owned subsidiary of Parent ("Merger Sub"), and OmniAmerican Bancorp, Inc., a Maryland corporation ("Company"). Pursuant to the Plan of Merger, at the Effective Time, Merger Sub will merge with and into Company (the "First Merger"), with Company as the surviving corporation (the "Surviving Corporation"). Immediately after the First Merger, the Surviving Corporation will merge with and into Parent (the "Second Merger," and together with the First Merger, the "Mergers"), with Parent as the surviving corporation. All capitalized terms used but not defined herein shall have the meanings set forth in the Plan of Merger.
