COLONIAL AMERICAN BANK LIQUIDATING TRUST AGREEMENT DATED AS OF _______, 2015Liquidating Trust Agreement • May 20th, 2015 • Oceanfirst Financial Corp • Savings institution, federally chartered • New Jersey
This Colonial American Bank Liquidating Trust Agreement (this “Trust Agreement”), dated as of __________, 2015, by and between Colonial American Bank, a New Jersey state chartered commercial bank (“Colonial American”) as settlor, and ________, ________ and _________, as trustees for the Litigation Trust (the “Trustees” and each, a “Trustee”), is executed pursuant to that certain Agreement and Plan of Merger (the “Merger Agreement”) by and among Colonial American, OceanFirst Financial Corp, a Delaware corporation (“OFFC”), and OceanFirst Bank, a federally-chartered capital stock savings bank (“OFB”), which provides for the establishment of the Litigation Trust created hereby.
