AMENDMENT TO STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 18th, 2012 • Bryn Mawr Bank Corp • State commercial banks • Pennsylvania
THIS AMENDMENT TO STOCK PURCHASE AGREEMENT, dated as of May 15, 2012 (this “Amendment”), is hereby entered into by and among BRYN MAWR BANK CORPORATION, a Pennsylvania corporation (“Buyer”), BOSTON PRIVATE (PA) CORPORATION, a Delaware corporation (“BPPA”), BRUCE K. BAUDER, ERNEST E. CECILIA, JOSEPH J. COSTIGAN, WILLIAM S. COVERT, JAMES M. DAVIDSON, STEVEN R. KLAMMER, N. RAY SAGUE, MALCOLM C. WILSON (together with BPPA, each, individually, a “Seller” and, collectively, the “Sellers”), BOSTON PRIVATE FINANCIAL HOLDINGS, INC., a Massachusetts corporation (“BPFH”), ALVIN A. CLAY III (“Clay” and, together with BPFH, the “Seller Principals”), and DAVIDSON TRUST COMPANY, a Pennsylvania trust company (the “Company”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the Stock Purchase Agreement, dated as of February 3, 2012, by and among Buyer, BPPA, the Sellers, the Seller Principals and the Company (the “Stock Purchase Agreement”).
