PURCHASE AGREEMENT by and between WARREN PAYNE, CRAIG PHILLIPY, and SMARTBANK Dated as of May 2, 2021Purchase Agreement • May 3rd, 2021 • Smartfinancial Inc. • National commercial banks • Tennessee
This Purchase Agreement (this “Agreement”) is made and entered into this 2nd day of May, 2021 (the “Effective Date”) by and among Warren Payne, an individual resident of the state of Tennessee (“Payne”) (both in his individual capacity and in his capacity as the Sellers’ Representatives), G. Price Cooper, an individual resident of the state of Tennessee (“Cooper”), B. Wade West, an individual resident of the state of Tennessee (“West”), Craig Phillipy, an individual resident of the state of Tennessee (“Phillipy” and, together with Payne, Cooper and West, “Sellers”), and SmartBank, a Tennessee state-chartered bank (“Buyer”).
