Definitive Asset Purchase Agreement dated August 22, 2007 between Savannah Advisors, Inc., a wholly owned subsidiary of The Savannah Bancorp, Inc., and Minis & Co., Inc. ASSET PURCHASE AGREEMENTAsset Purchase Agreement • October 5th, 2007 • Savannah Bancorp Inc • National commercial banks • Georgia
This Asset Purchase Agreement (the "Agreement") is entered into as of August 3, 2007, by and between Minis & Co., Inc., as seller (hereinafter referred to as the "Seller"), Russell W. Carpenter, O. Thompson Smith, Mark I. Allen and A. Felton Jenkins III, the sole shareholders of Seller (hereinafter, individually referred to as a "Selling Shareholder" and collectively as the "Selling Shareholders"), and The Savannah Bancorp, Inc. ("Parent") and Savannah Advisors, Inc., the wholly owned subsidiary of Parent as buyer (hereinafter, the “Sub” or “Buyer”).
