Agreement and Plan of MergerMerger Agreement • July 7th, 2011 • PSM Holdings Inc • Mortgage bankers & loan correspondents • New Mexico
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) dated as of June 30, 2011, is by, between, and among United Community Mortgage Corporation, a New Jersey corporation (“UCMC”) and a wholly owned subsidiary of Prime Source Mortgage, Inc., a Texas corporation (“PSMI”), PSMI’s parent, PSM Holdings, Inc., a Nevada corporation (“PSMH”), Founders Mortgage LLC, a Missouri limited liability company (“Founders”), and its sole member, Peter Gubany, an individual residing in the State of Missouri (the “Member”). Certain capitalized terms used in this Agreement are defined in ARTICLE XII of this Agreement.
