AGREEMENT AND PLAN OF MERGER by and between STERLING BANCSHARES, INC., STERLING BANK and PARTNERS BANK OF TEXAS Dated as of January 24, 2007Merger Agreement • January 25th, 2007 • Sterling Bancshares Inc • State commercial banks
Contract Type FiledJanuary 25th, 2007 Company IndustryTHIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of January 24, 2007, is by and between STERLING BANCSHARES, INC. (“Sterling”), a Texas corporation and a registered bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHCA”), STERLING BANK, a Texas-chartered banking association and wholly-owned subsidiary of Sterling (“Merger Sub”), and PARTNERS BANK OF TEXAS, a Texas state banking association chartered under the banking laws of the State of Texas (the “Bank”). Initially capitalized terms not otherwise defined herein shall have the meanings set forth in Article I.