PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF WOODLANDS BANK, BLUFFTON, SOUTH CAROLINA FEDERAL DEPOSIT INSURANCE CORPORATION and BANK OF THE OZARKS DATED AS OF JULY 16, 2010Purchase and Assumption Agreement • July 22nd, 2010 • Bank of the Ozarks Inc • State commercial banks
THIS AGREEMENT, made and entered into as of the 16th day of July, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of WOODLANDS BANK, BLUFFTON, SOUTH CAROLINA (the “Receiver”), BANK OF THE OZARKS, organized under the laws of Arkansas, and having its principal place of business in LITTLE ROCK, ARKANSAS (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
