Agreement and Plan of MergerMerger Agreement • October 19th, 2011 • PSM Holdings Inc • Mortgage bankers & loan correspondents • New Mexico
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) dated as of October 13, 2011, is by, between, and among United Community Mortgage Corporation, a New Jersey corporation (“UCMC”), a wholly owned subsidiary of Prime Source Mortgage, Inc., a Texas corporation (“PSMI”), PSMI’s parent, PSM Holdings, Inc., a Nevada corporation (“PSMH”), Iowa Mortgage Professionals, Inc., an Iowa corporation (“IMP”), and its shareholder, Randall C. Stevens, an individual residing in the State of Iowa (the “Shareholder”). Certain capitalized terms used in this Agreement are defined in ARTICLE XII of this Agreement.
