AGREEMENT AND PLAN OF MERGER by and between FOUR OAKS FINCORP, INC. and UNITED COMMUNITY BANKS, INC. June 26, 2017Merger Agreement • June 27th, 2017 • United Community Banks Inc • State commercial banks • Georgia
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of this 26th day of June, 2017, by and between FOUR OAKS FINCORP, INC., a North Carolina corporation (“Seller” and, unless the context otherwise requires, the term “Seller” shall include Seller and its wholly-owned subsidiary bank, FOUR OAKS BANK & TRUST COMPANY, a North Carolina bank (the “Bank”)), and UNITED COMMUNITY BANKS, INC., a Georgia corporation (“Buyer”).
