AGREEMENT AND PLAN OF MERGER by and among UNIONBANCAL CORPORATION, UNION BANK OF CALIFORNIA, N.A., JACKSON NATIONAL LIFE INSURANCE COMPANY and JACKSON FEDERAL BANK Dated as of July 1, 2004Merger Agreement • July 7th, 2004 • Unionbancal Corp • National commercial banks • New York
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of July 1, 2004, is by and among JACKSON FEDERAL BANK, a federal savings bank (“Company Bank”), JACKSON NATIONAL LIFE INSURANCE COMPANY, a Michigan insurance corporation and a savings and loan holding company under the Federal Home Owners Loan Act and the sole direct shareholder of Company Bank (“Company”), UNION BANK OF CALIFORNIA, N.A., a national banking association (“Parent Bank”), and UNIONBANCAL CORPORATION, a Delaware corporation and a registered bank holding company under the Federal Bank Holding Company Act and the sole direct shareholder of Parent Bank (“Parent”).
