Purchase and Assumption Agreement by and between Vision Bank and Park National Corporation ("SELLER" herein) and Centennial Bank and Home BancShares, Inc. ("BUYER" herein) Dated as of the 16th day of November, 2011Purchase and Assumption Agreement • November 17th, 2011 • Park National Corp /Oh/ • National commercial banks • Florida
This Purchase and Assumption Agreement (this "Agreement" herein), made and entered into this 16th day of November, 2011, by and between Centennial Bank, an Arkansas state-chartered bank with its principal office at 620 Chestnut Street, Conway, Arkansas 72032, and together with its parent company Home BancShares, Inc. (collectively the "BUYER" herein) and Vision Bank, a Florida state-chartered bank with its principal office located at 2200 Stanford Road, Panama City, Florida 32405 (“VISION”), and Park National Corporation, an Ohio corporation and the parent company of VISION (“PARK”) (collectively the "SELLER" herein).
