TRANSITION SERVICES AGREEMENTTransition Services Agreement • January 2nd, 2004 • Crescent Banking Co • State commercial banks • Georgia
This TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of this 31 day of December, 2003 (the “Effective Date”), by and among Crescent Mortgage Services, Inc., a Georgia corporation (“CMS”), Crescent Bank & Trust Company, a Georgia bank (“Crescent Bank”), and Carolina Financial Corporation, a Delaware corporation (“Carolina Financial”), and its wholly owned subsidiary, Crescent Mortgage Company, a Delaware corporation (“Crescent Mortgage” and together with Carolina Financial, the “Purchaser”), and Community FirstBank of Charleston (“FirstBank”).
