AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER CONVERSIONAgreement and Plan of Merger Conversion • March 24th, 2023 • Oconee Financial Corp • State commercial banks • Georgia
Contract Type FiledMarch 24th, 2023 Company Industry JurisdictionTHIS AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER CONVERSION (this “Agreement”) is entered into as of this 15th day of December 2022, by and among Oconee Financial Corporation (“Oconee”), a Georgia corporation, Oconee State Bank (the “Bank”), a Georgia state chartered commercial bank and the wholly owned subsidiary of Oconee, and Elberton Federal Savings and Loan Association (“Elberton”), a federal mutual savings association. This Agreement amends and restates in its entirety that certain Agreement and Plan of Merger Conversion, dated as of June 1, 2021, by and between the parties (the “Original Agreement”).