Purchase and Assumption Agreement and Plan of Merger Sample Contracts

AMENDED AND RESTATED PURCHASE AND ASSUMPTION AGREEMENT AND PLAN OF MERGER

Purchase and Assumption Agreement and Plan of Merger • November 20th, 2017 • Customers Bancorp, Inc. • State commercial banks • Florida

• Contract Type
  Purchase and Assumption Agreement and Plan of Merger
• Filed
  November 20th, 2017
• Company
  Customers Bancorp, Inc.
• Industry
  State commercial banks
• Jurisdiction
  Florida

This Amended and Restated Purchase and Assumption Agreement and Plan of Merger (this "Agreement"), dated as of November 17, 2017, is entered into among BankMobile Technologies, Inc., a Pennsylvania corporation ("SpinCo"), Customers Bank, a bank organized in the Commonwealth of Pennsylvania ("CB"), and Customer's Bancorp, Inc., a Pennsylvania corporation ("Bancorp" and together with SpinCo and CB, "Seller"), and Flagship Community Bank, a Florida chartered bank ("Buyer").