AGREEMENT AND PLAN OF MERGER by and among WACHOVIA CORPORATION, a North Carolina corporation WESTCORP, a California corporation WESTERN FINANCIAL BANK, a federal savings bank and WFS FINANCIAL INC, a California corporation Dated as of September 12, 2005Merger Agreement • September 22nd, 2005 • Wachovia Corp New • National commercial banks • Delaware
Contract Type FiledSeptember 22nd, 2005 Company Industry JurisdictionAGREEMENT AND PLAN OF MERGER, dated as of September 12, 2005, (this “Agreement”), by and among Westcorp, a California corporation (the “Company”), Western Financial Bank, a federal savings bank and wholly owned subsidiary of the Company (“WFB”), WFS Financial Inc, a California corporation (“WFS”) and majority-owned subsidiary of WFB, and Wachovia Corporation, a North Carolina corporation (the “Purchaser”). The Company, WFB, WFS and the Purchaser are sometimes collectively referred to herein as the “parties.”