AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Between SELECT BANCORP, INC. And FIRST BANCORP June 1, 2021Merger Agreement • June 1st, 2021 • Select Bancorp, Inc. • State commercial banks • 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.
