0000950156-08-000210 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • August 7th, 2008 • Merchants Bancshares Inc • State commercial banks • Vermont

This Purchase and Sale Agreement (this "Agreement") is made and effective this 27th day of June, 2008 by and between Eastern Avenue Properties, LLC, a Vermont limited liability company with an address of 151 Hastings Hill, St. Johnsbury, VT 05819 ("Purchaser"), and Merchants Bank, a Vermont financial institution with an address of 275 Kennedy Drive, South Burlington, VT 05403 ("Seller").

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SUBLEASE AGREEMENT
Sublease Agreement • August 7th, 2008 • Merchants Bancshares Inc • State commercial banks • Vermont

This SUBLEASE AGREEMENT, made as of this 27th day of June, 2008, by and between EASTERN AVENUE PROPERTIES, LLC, a Vermont limited liability company with its principal place of business in St. Johnsbury, Vermont ("Lessor") and MERCHANTS BANK, a Vermont financial institution with its principal place of business in South Burlington, Vermont ("Lessee"), (hereinafter Lessor and Lessee are sometimes collectively called the "Parties").

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