AMENDMENT NO. 1 TO THE MERGER AGREEMENTThe Merger Agreement • February 3rd, 2022 • Patriot National Bancorp Inc • National commercial banks
This Amendment No. 1, dated as of January 28, 2022 (this “Amendment”), to the Agreement and Plan of Merger, dated as of November 14, 2021 (as amended, modified or supplemented from time to time in accordance with its terms, the “Merger Agreement”), by and among Patriot National Bancorp, Inc., a Connecticut corporation (“PNBK”), Next Special, Inc., a Delaware corporation and wholly owned subsidiary of PNBK (“Merger Sub”), and American Challenger Development Corp, a Delaware corporation (“American Challenger”, and together with PNBK and Merger Sub, the “Parties”).
