ARTICLES OF SHARE EXCHANGE BY AND BETWEEN MERCHANTS & MARINE BANK, a Mississippi corporation, AND MERCHANTS & MARINE BANCORP, INC., a Mississippi corporationMerchants & Marine Bancorp, Inc. • April 29th, 2008
Company FiledApril 29th, 2008Pursuant to the provisions of Section 79-4-11.05 of the Mississippi Business Corporation Act, the undersigned domestic corporations do hereby adopt the following Articles of Share Exchange for the purpose of exchanging shares of the common stock of Merchants & Marine Bank, a Mississippi state chartered bank (the “Bank”) for shares of the common stock of Merchants & Marine Bancorp, Inc., a Mississippi corporation (the “Holding Company”) pursuant to the terms of that certain Agreement and Plan of Share Exchange dated as of February 5, 2008, by and between the Bank and the Holding Company (the “Agreement and Plan of Share Exchange”):
AGREEMENT AND PLAN OF SHARE EXCHANGE BY AND BETWEEN MERCHANTS & MARINE BANCORP, INC. AND MERCHANTS & MARINE BANKAgreement and Plan of Share • April 29th, 2008 • Merchants & Marine Bancorp, Inc. • Mississippi
Contract Type FiledApril 29th, 2008 Company JurisdictionTHIS AGREEMENT AND PLAN OF SHARE EXCHANGE (“Agreement”) is made as of February 5, 2008, by and between Merchants & Marine Bancorp, Inc., a Mississippi corporation (the “Company”) and Merchants & Marine Bank, a Mississippi state-chartered bank (the “Bank”).