0001193125-15-410038 Sample Contracts

AGREEMENT AND PLAN OF REORGANIZATION by and among TOWNEBANK, MONARCH FINANCIAL HOLDINGS, INC. and MONARCH BANK December 16, 2015

Agreement and Plan of Reorganization • December 22nd, 2015 • Monarch Financial Holdings, Inc. • State commercial banks • Virginia

• Contract Type
  Agreement and Plan of Reorganization
• Filed
  December 22nd, 2015
• Company
  Monarch Financial Holdings, Inc.
• Industry
  State commercial banks
• Jurisdiction
  Virginia

THIS AGREEMENT AND PLAN OF REORGANIZATION (the “Agreement”) is made and entered into as of December 16, 2015, by and among TowneBank, a Virginia banking corporation (“Buyer”), Monarch Financial Holdings, Inc., a Virginia corporation (“Holding Company”), and Monarch Bank, a Virginia banking corporation and wholly owned subsidiary of Holding Company (“Bank Subsidiary”).