PURCHASE AND ASSUMPTION AGREEMENT dated as of January 28, 2011 by and among BANKATLANTIC, PNC BANK, NATIONAL ASSOCIATION, and BANKATLANTIC BANCORP, INC., solely with respect to Section 7.6 and Article 12Purchase and Assumption Agreement • January 31st, 2011 • Bankatlantic Bancorp Inc • Savings institution, federally chartered • New York
Contract Type FiledJanuary 31st, 2011 Company Industry JurisdictionThis PURCHASE AND ASSUMPTION AGREEMENT, dated as of January 28, 2011 (this “Agreement”), by and among BankAtlantic, a federal savings association, organized under the laws of the United States, with its principal office located in Fort Lauderdale, Florida (“Seller”), PNC Bank, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Pittsburgh, Pennsylvania (“Purchaser”), and BankAtlantic Bancorp, Inc., a Florida corporation (“BBX”), solely with respect to Section 7.6 and Article 12.