TERMINATION AGREEMENT AMONG FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER OF CAPE FEAR BANK, WILMINGTON, NORTH CAROLINA FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER OF COMMUNITY BANK & TRUST, CORNELIA, GEORGIA FEDERAL DEPOSIT INSURANCE...Termination Agreement • June 24th, 2016 • SOUTH STATE Corp • State commercial banks
THIS TERMINATION AGREEMENT (the “Agreement”), is made and entered into as of the 23rd day of June, 2016, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER OF CAPE FEAR BANK , WILMINGTON, NORTH CAROLINA, and AS RECEIVER OF COMMUNITY BANK & TRUST, CORNELIA, GEORGIA, and AS RECEIVER OF HABERSHAM BANK, CLARKESVILLE, GEORGIA, and AS RECEIVER OF BANKMERIDIAN, N.A., COLUMBIA, SOUTH CAROLINA, and AS RECEIVER OF PLANTATION FEDERAL BANK, PAWLEYS ISLAND, SOUTH CAROLINA (collectively, the “Receiver”), SOUTH STATE BANK, organized under the laws of the state of South Carolina, and having its principal place of business in Columbia, South Carolina (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
