FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • October 20th, 2014 • Mackinac Financial Corp /Mi/ • State commercial banks
THIS FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGER (this “Amendment”), effective as of October 17, 2014 (the “Effective Date”), is by and among MACKINAC FINANCIAL CORPORATION, a Michigan corporation, with its principal offices at 130 South Cedar Street, Manistique, MI 49854 (“Mackinac”), PFC ACQUISITION, LLC, a Michigan limited liability company, with its principal offices at 130 South Cedar Street, Manistique, MI 49854 (“PFC”), and PENINSULA FINANCIAL CORPORATION, a Michigan corporation, with its principal offices at 100 South Main Street, Ishpeming, MI 49849 (“Peninsula”). Mackinac, PFC and Peninsula are sometimes individually referred to herein as a “Party” or collectively referred to herein as the “Parties”.
