0001140361-09-001324 Sample Contracts

PURCHASE AND ASSUMPTION AGREEMENT
Purchase and Assumption Agreement • January 15th, 2009 • Citizens Financial Corp/De/ • National commercial banks • West Virginia

This Purchase and Assumption Agreement (this “Agreement”) dated as of January ___, 2009 by and between Citizens National Bank, a national banking association, having its principal place of business at 211 Third Street, Elkins, West Virginia 26241 (“Seller”), and Pendleton Community Bank, Inc., a West Virginia corporation, having its principal place of business at 300 North Main Street, Franklin, West Virginia 26807 (“Buyer”).

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