Portfolio Assignment and Assumption Agreement Sample Contracts

PORTFOLIO ASSIGNMENT AND ASSUMPTION AGREEMENT
Portfolio Assignment and Assumption Agreement • November 10th, 2008 • Bar Harbor Bankshares • State commercial banks • New York

This PORTFOLIO ASSIGNMENT AND ASSUMPTION AGREEMENT (the "Agreement") is made and entered into as of this 1st day of November, 2008 by and among BAR HARBOR BANK & TRUST, a Maine financial institution with offices located at 82 Main Street, Bar Harbor, Maine 04468 ("Transferor"), TransFirst, LLC, a Delaware limited liability company ("TransFirst"), and COLUMBUS BANK AND TRUST COMPANY, a Georgia state banking corporation with offices at 1125 First Avenue, 2nd Floor Uptown Center, Columbus, GA 31901 ("Transferee") (TransFirst and Transferee collectively referred to as the "Buyer Parties").

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