PURCHASE AND ASSUMPTION AGREEMENTPurchase and Assumption Agreement • February 22nd, 2011 • Bank of Marin Bancorp • State commercial banks
THIS AGREEMENT, made and entered into as of the 18th day of February, 2011, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of CHARTER OAK BANK, NAPA, CALIFORNIA (the “Receiver”), BANK OF MARIN, organized under the laws of the State of California, and having its principal place of business in NOVATO, CALIFORNIA (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
