SECOND AMENDMENT TO AGREEMENT AND PLAN OF SHARE EXCHANGEAgreement and Plan of Share Exchange • August 30th, 2019 • Delmar Bancorp • State commercial banks • Maryland
This Second Amendment to the Agreement and Plan of Share Exchange (this “Second Amendment”), dated and effective as of August 28, 2019, by and between Delmar Bancorp (“Delmar”) and Virginia Partners Bank (“Partners”), amends that certain Agreement and Plan of Share Exchange (the “Agreement”), dated as of December 13, 2018, by and between Delmar and Partners, which was subsequently amended by that certain Amendment to the Agreement and Plan of Share Exchange (the “First Amendment”), dated as of March 4, 2019, by and between Delmar and Partners. Capitalized terms not defined in this Second Amendment have the respective meanings given to them in the Agreement.
