0001104659-25-024221 Sample Contracts
AGREEMENT AND PLAN OF REORGANIZATION DATED AS OF MARCH 16, 2025 BY AND AMONG METROCITY BANKSHARES, INC., METRO CITY BANK, FIRST IC CORPORATION, AND FIRST IC BANKAgreement and Plan of Reorganization • March 17th, 2025 • MetroCity Bankshares, Inc. • State commercial banks • Georgia
This AGREEMENT AND PLAN OF REORGANIZATION (this “Agreement”) is dated as of March 16, 2025, by and among MetroCity Bankshares, Inc., a Georgia corporation (“Buyer”), Metro City Bank, a Georgia state-chartered bank and wholly owned subsidiary of Buyer (“Buyer Bank”), First IC Corporation, a Georgia corporation (“Company”), and First IC Bank, a Georgia state-chartered bank and wholly owned subsidiary of Company (“Company Bank”). Capitalized terms used in this Agreement have the meaning set forth in Article VIII.
FORM OF DIRECTOR SUPPORT AGREEMENTDirector Support Agreement • March 17th, 2025 • MetroCity Bankshares, Inc. • State commercial banks • Georgia
This DIRECTOR SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of March 16, 2025 (the “Execution Date”) by and between MetroCity Bankshares, Inc., a Georgia corporation (“Buyer”), and _____________, an individual resident of the State of Georgia (the “Undersigned”). Terms with their initial letters capitalized and not otherwise defined herein have the meanings given to them in the Reorganization Agreement (as defined below).
FORM OF VOTING AGREEMENTVoting Agreement • March 17th, 2025 • MetroCity Bankshares, Inc. • State commercial banks • Georgia
THIS VOTING AGREEMENT (this “Agreement”) is dated as of March 16, 2025, by and between the undersigned holder (“Shareholder”) of voting common stock, $5.00 par value per share (“Company Common Stock”), of First IC Corporation, a Georgia corporation (“Company”), and MetroCity Bankshares, Inc., a Georgia corporation (“Buyer”). All capitalized terms used but not defined shall have the meanings assigned to them in the Reorganization Agreement (as defined below).