AGREEMENT AND PLAN OF MERGER among SUN AMERICAN BANCORP SUN AMERICAN BANK and INDEPENDENT COMMUNITY BANK Dated as of November ___, 2006Merger Agreement • November 24th, 2006 • Sun American Bancorp • State commercial banks • Florida
AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of November __, 2006, among Sun American Bancorp, a Delaware business corporation (“SAB”), Sun American Bank, a Florida commercial banking association and a wholly-owned subsidiary of SAB (“SB”) and Independent Community Bank, a Florida commercial banking association (“IB”).
