STOCK/CASH ELECTION FORM AND LETTER OF TRANSMITTAL PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED AS OF OCTOBER 5, 2015, BY AND BETWEEN CENTERSTATE BANKS, INC. AND COMMUNITY BANK OF SOUTH FLORIDA, INC.The Agreement and Plan of Merger • December 4th, 2015 • CenterState Banks, Inc. • National commercial banks
THE INSTRUCTIONS ACCOMPANYING THIS STOCK/CASH ELECTION FORM AND LETTER OF TRANSMITTAL SHOULD BE READ CAREFULLY BEFORE THIS STOCK/CASH ELECTION FORM AND LETTER OF TRANSMITTAL IS COMPLETED.
December 4, 2015CenterState Banks, Inc. • December 4th, 2015 • National commercial banks
You have requested our opinion with respect to certain federal income tax consequences of the proposed merger of Community Bank of South Florida, Inc. (“Community”), a Florida corporation, with and into CenterState Banks, Inc. (“CenterState”), a Florida corporation, pursuant to the terms of the Agreement and Plan of Merger (the “Agreement”) dated as of the 5th day of October, 2015. In addition, pursuant to the Agreement, Community Bank of Florida, Inc., a first-tier subsidiary of Community, shall merge with and into CenterState Bank of Florida, N.A., a wholly-owned first-tier subsidiary of CenterState.
