Agreement and Plan of MergerMerger Agreement • March 11th, 2011 • PSM Holdings Inc • Mortgage bankers & loan correspondents • New Mexico
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) dated as of March 9, 2011, is by, between, and among Prime Source Mortgage, Inc., a Texas corporation (“PSMI”), its parent, PSM Holdings, Inc., a Nevada corporation (“PSMH”), PSM Acquisition Corp., a New Jersey corporation and wholly-owned subsidiary of PSMI (the “Merger Sub”), United Community Mortgage Corporation, a New Jersey corporation (“UCMC”), and its sole shareholder, Edward Kenmure, an individual residing in New Jersey (the “Shareholder”). Certain capitalized terms used in this Agreement are defined in ARTICLE XII of this Agreement.
