CONTRIBUTION AGREEMENT AND PLAN OF MERGERContribution Agreement and Plan of Merger • August 2nd, 2018 • New PennyMac Financial Services, Inc. • Delaware
This CONTRIBUTION AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of August 2, 2018, is by and among PennyMac Financial Services, Inc., a Delaware corporation (“Existing Parent”), New PennyMac Financial Services, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Existing Parent (“New Parent”), New PennyMac Merger Sub, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of New Parent (“Merger Sub”), the contributors listed on Exhibit A hereto (collectively, the “Contributors”), and Private National Mortgage Acceptance Company, LLC, a Delaware limited liability company, all of the outstanding membership interests of which are currently owned by Existing Parent and the Contributors (“PNMAC”).
