ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 4th, 2009 • Cadence Financial Corp • National commercial banks • Mississippi
This Asset Purchase Agreement (“Agreement”) is made and entered on August 31, 2009, between and among Cadence Bank, N. A., a national banking association (“Cadence”), Galloway-Chandler-McKinney Insurance Agency, Inc., a Mississippi corporation (“GCM”) (collectively the “Sellers”) and GCM Insurance Agency, LLC, a Mississippi limited liability company (“Agency”), Galloway-Chandler-McKinney Insurance Agency of Columbus, LLC, a Mississippi limited liability company, (“Columbus”), Galloway-Chandler-McKinney Insurance Agency of Starkville, LLC, a Mississippi limited liability company (“Starkville”), Galloway-Chandler-McKinney Insurance Agency of West Point, LLC, a Mississippi limited liability company (“West Point”) and Galloway-Chandler-McKinney Insurance Agency of Monroe County, LLC, a Mississippi limited liability company (“Monroe”) (collectively “Buyers”).
