Agreement and Plan of Merger dated September 20, 2006 between FIRST BUSEY CORPORATION and MAIN STREET TRUST, INC.Merger Agreement • September 21st, 2006 • Main Street Trust Inc • Commercial banks, nec • Illinois
AGREEMENT AND PLAN OF MERGER, dated September 20, 2006 (this “Agreement”), between First Busey Corporation, a Nevada corporation (“First Busey”), and Main Street Trust, Inc., an Illinois corporation (“Main Street”).
September 20, 2006Merger Agreement • September 21st, 2006 • Main Street Trust Inc • Commercial banks, nec
As you know, Main Street Trust, Inc. (“Main Street”) has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with First Busey Corporation (“Busey”) with respect to the proposed transaction (the “Merger”) whereby Main Street will be merged with and into Busey. Among the conditions of the Merger is that the three principal executives of Main Street, each of whom is a party to an employment agreement with Main Street or its predecessors (the “Employment Agreement”), execute and deliver to Main Street and Busey a letter of understanding as described in Section 6.14 of the Merger Agreement.
September 20, 2006Merger Agreement • September 21st, 2006 • Main Street Trust Inc • Commercial banks, nec
As you know, Main Street Trust, Inc. (“Main Street”) has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with First Busey Corporation (“Busey”) with respect to the proposed transaction (the “Merger”) whereby Main Street will be merged with and into Busey. Among the conditions of the Merger is that the three principal executives of Main Street, each of whom is a party to an employment agreement with Main Street (the “Employment Agreement”), execute and deliver to Main Street and Busey a letter of understanding as described in Section 6.14 of the Merger Agreement.
