AGREEMENT AND PLAN OF MERGER By and Among ESSA BANCORP, INC., ESSA ACQUISITION CORP. And FRANKLIN SECURITY BANCORP, INC Dated as of November 15, 2013Merger Agreement • November 19th, 2013 • ESSA Bancorp, Inc. • Savings institutions, not federally chartered • Pennsylvania
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of November , 2013, is by and among (i) ESSA Bancorp, Inc., a Pennsylvania corporation (“ESSA Bancorp”), (ii) ESSA Acquisition Corp., a Pennsylvania corporation and wholly-owned subsidiary of ESSA Bancorp (“EAC”) and (iii) Franklin Security Bancorp, Inc., a Pennsylvania corporation (“FS Bancorp”). Each of ESSA Bancorp, EAC and FS Bancorp is sometimes individually referred to herein as a “party,” and ESSA Bancorp, EAC and FS Bancorp are collectively sometimes referred to as the “parties.”
