AGREEMENT AND PLAN OF MERGER by and among First Foundation Inc. a California corporation, First Foundation Bank a California State Chartered Bank and Wholly-Owned Subsidiary of FFI and Pacific Rim Bank a Hawaii State Chartered Bank November 25, 2014Merger Agreement • December 1st, 2014 • First Foundation Inc. • State commercial banks • California
AGREEMENT AND PLAN OF MERGER dated as of November 25, 2014 (this “Agreement”), by and among First Foundation Inc., a California corporation (“FFI”), First Foundation Bank, a California state-chartered bank (“FFB”) that is a wholly-owned subsidiary of FFI, and Pacific Rim Bank, a bank chartered under the laws of the state of Hawaii (“PRB”). Each of FFI, FFB and PRB shall sometimes be referred to in this Agreement as a “Party” and collectively as the “Parties”. Certain other terms with initial capital letters that are used or appear in this Agreement shall have the respective meanings given to such terms in Section 1 of this Agreement.
