AGREEMENT AND PLAN OF MERGER AND REORGANIZATION DATED AS OF MAY 6, 2015 BY AND AMONG BANK OF THE OZARKS, INC., BANK OF THE OZARKS, BANK OF THE CAROLINAS CORPORATION AND BANK OF THE CAROLINASMerger Agreement • May 6th, 2015 • Bank of the Carolinas CORP • National commercial banks • Arkansas
This AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) is dated as of May 6, 2015, by and among Bank of the Ozarks, Inc., an Arkansas corporation with its principal office in Little Rock, Arkansas (“Buyer”), Bank of the Ozarks, an Arkansas state banking corporation with its principal office in Little Rock, Arkansas and a wholly-owned subsidiary of Buyer (“Buyer Bank”), Bank of the Carolinas Corporation, a North Carolina corporation with its principal office in Mocksville, North Carolina (“Company”) and Bank of the Carolinas, a North Carolina chartered bank and wholly-owned subsidiary of Company (“Company Bank”).
