PROFESSIONAL HOLDING CORP.Letter Agreement • January 6th, 2020 • Professional Holding Corp. • National commercial banks
This letter agreement (the “Letter Agreement”) will confirm our agreement that pursuant to and effective as of the Closing Date of your purchase of capital stock of Professional Holding Corp. (the “Company”), a Florida corporation and parent company of Professional Bank, a Florida-chartered commercial bank (the “Bank”), __________________, a Delaware limited liability company (the “Investor”), shall be entitled to the contractual rights set forth in this Letter Agreement, in addition to any other rights specifically provided to Investor pursuant to that certain Stock Purchase Agreement dated as of February 17, 2017 by and among the Company and certain investors, including Investor (the “Agreement”), including any amendments or supplements thereto, and such other agreements, instruments and certificates delivered in connection therewith (collectively, the “Transaction Documents”). Capitalized terms not defined in this Letter Agreement shall have the meanings ascribed in the Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • January 6th, 2020 • Professional Holding Corp. • National commercial banks • Florida
This Employment Agreement (the “Agreement”) is made as of this 28th day of November, 2018, by and between Professional Bank (the “Bank”), and Ryan Gorney (the “Executive”).
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • January 6th, 2020 • Professional Holding Corp. • National commercial banks • Florida
This Restricted Stock Award Agreement (this “Agreement”) sets forth the terms of a Restricted Stock award granted on __________________ (the “Effective Date”) by Professional Holding Corp., a Florida corporation (the “Company”), to _________________________ (the “Participant”). Capitalized terms used but not defined in this Agreement have the meanings ascribed to them in the Professional Holding Corp. 2019 Equity Incentive Plan (the “Plan”).
AGREEMENT AND PLAN OF MERGER By and Between PROFESSIONAL HOLDING CORP. and MARQUIS BANCORP, INC. Dated as of August 9, 2019Agreement and Plan of Merger • January 6th, 2020 • Professional Holding Corp. • National commercial banks • Florida
This Agreement and Plan of Merger (this “Agreement”) is dated as of the 9th day of August, 2019, by and between Professional Holding Corp., a Florida corporation (“PHC”), and Marquis Bancorp, Inc., a Florida corporation (“MBI” and, together with PHC, the “Parties” and each a “Party”).
loan AGREEMENTLoan Agreement • January 6th, 2020 • Professional Holding Corp. • National commercial banks • Florida
THIS LOAN AGREEMENT (the “Agreement”) is made and entered into effective as of December 19, 2019 (“Effective Date”), by and between PROFESSIONAL HOLDING CORP., a Florida corporation, whose mailing address is 396 Alhambra Circle, Suite 255, Coral Gables, Florida 33134 (“Borrower”), for the benefit of VALLEY NATIONAL BANK, a National Banking Association (“Lender” or “Bank”).
