0001104659-06-049559 Sample Contracts

AGREEMENT AND PLAN OF REORGANIZATION BY AND AMONG ATLANTIC SOUTHERN FINANCIAL GROUP, INC., ATLANTIC SOUTHERN BANK, SAPELO BANCSHARES, INC., AND SAPELO NATIONAL BANK Dated as of July 26, 2006

Agreement and Plan of Reorganization • July 28th, 2006 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

• Contract Type
  Agreement and Plan of Reorganization
• Filed
  July 28th, 2006
• Company
  Atlantic Southern Financial Group, Inc.
• Industry
  Savings institution, federally chartered
• Jurisdiction
  Georgia

THIS AGREEMENT AND PLAN OF REORGANIZATION (this “Agreement”) is made and entered into as of July 26, 2006, by and among ATLANTIC SOUTHERN FINANCIAL GROUP, INC. (“Purchaser”), a Georgia corporation, and ATLANTIC SOUTHERN BANK (“Purchaser Bank”), a Georgia chartered bank on one hand, and SAPELO BANCSHARES, INC. (“Target”), a Georgia corporation and SAPELO NATIONAL BANK (“Target Bank”), a national banking association on the other hand.