AGREEMENT AND PLAN OF MERGER COMMERCE UNION BANCSHARES, INC. PIONEER MERGER SUB, INC. RELIANT BANK COMMUNITY FIRST, INC. AND COMMUNITY FIRST BANK & TRUST August 22, 2017Agreement and Plan of Merger • August 23rd, 2017 • Community First Inc • State commercial banks • Tennessee
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of the 22nd day of August, 2017, is made and entered into by and among Commerce Union Bancshares, Inc., a Tennessee corporation (“Commerce Union”); Pioneer Merger Sub, Inc., a Tennessee corporation and direct, wholly owned subsidiary of Commerce Union (“Merger Sub”); Reliant Bank, a Tennessee-chartered commercial bank and direct, wholly owned subsidiary of Commerce Union (“Reliant”); Community First, Inc., a Tennessee corporation (“CFI”); and Community First Bank & Trust, a Tennessee-chartered commercial bank and direct, wholly owned subsidiary of CFI (“Bank”), under authority of resolutions of their respective boards of directors duly adopted.
