ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 29th, 2013 • First South Bancorp Inc /Va/ • State commercial banks • North Carolina
THIS ASSET PURCHASE AGREEMENT, is made and entered into as of February 20, 2013 (hereinafter referred to as the “Agreement”), by and between FIRST SOUTH BANK, a banking corporation organized and existing under the laws of the state of North Carolina, as seller (hereinafter referred to as “Seller”), and EMERALD PORTFOLIO, LLC, a Delaware limited liability company, as buyer (hereinafter referred to as “Buyer”).
