STOCK PURCHASE AGREEMENT by and between ELLIS BANKSHARES, INC. and MACKINAC FINANCIAL CORPORATION Dated as of January 19, 2016Stock Purchase Agreement • January 19th, 2016 • Mackinac Financial Corp /Mi/ • State commercial banks • Wisconsin
Contract Type FiledJanuary 19th, 2016 Company Industry JurisdictionTHIS STOCK PURCHASE AGREEMENT, including the Exhibits and the Disclosure Schedule described herein (collectively, the “Agreement”), is made as of the 19th day of January, 2016, by and between Ellis Bankshares, Inc., a Wisconsin corporation (the “Seller”), and Mackinac Financial Corporation, a Michigan corporation (the “Buyer”) (the Seller and the Buyer sometimes are collectively referred to herein as the “Parties” and each as a “Party”).