0001144204-07-026863 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 17th, 2007 • Heritage Oaks Bancorp • State commercial banks

This Purchase and Sale Agreement (this “Agreement”) is entered into this 11th day of May, 2007 (“Effective Date”), between HERITAGE OAKS BANK, a California banking corporation (“Seller”), and FIRST STATES GROUP, L.P., a Delaware limited partnership (“Purchaser”). In consideration of the mutual agreements herein set forth, the parties hereto, intending to be legally bound, agree as follows.

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