AMENDMENT TO AGREEMENT AND PLAN OF MERGERAgreement And • November 18th, 2021 • Seacoast Banking Corp of Florida • State commercial banks
Contract Type FiledNovember 18th, 2021 Company IndustryThis Amendment is made as of November 12, 2021 (this “Amendment”) to the Agreement and Plan of Merger, dated as of August 23, 2021 (the “Merger Agreement”), by and among Seacoast Banking Corporation of Florida, a Florida corporation (“SBC”), Seacoast National Bank, a national banking association and wholly owned subsidiary of SBC (“SNB” and collectively with SBC, “Seacoast”), Sabal Palm Bancorp, Inc., a Florida corporation (“Sabal Palm”) and Sabal Palm Bank, a Florida state-chartered bank and wholly-owned subsidiary of Sabal Palm (the “Bank” and collectively with Sabal Palm, the “Company”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Merger Agreement.