0001104659-21-075148 Sample Contracts

AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Between SELECT BANCORP, INC. And FIRST BANCORP June 1, 2021

Agreement and Plan of Merger and Reorganization • June 1st, 2021 • Select Bancorp, Inc. • State commercial banks • North Carolina

• Contract Type
  Agreement and Plan of Merger and Reorganization
• Filed
  June 1st, 2021
• Company
  Select Bancorp, Inc.
• Industry
  State commercial banks
• Jurisdiction
  North Carolina

THIS AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) dated as of June 1, 2021, is by and between First Bancorp, a North Carolina corporation (“Buyer”), and Select Bancorp, Inc., a North Carolina corporation (“SB”). Capitalized terms used in this Agreement but not defined elsewhere herein shall have the meanings assigned to them in Section 10.1 hereof.