AGREEMENT TO ASSUME LIABILITIES AND TO ACQUIRE ASSETS OF BRANCH BANKING OFFICE By and Among KAISER FEDERAL BANK and PAN AMERICAN BANK, FSB and UNITED PANAM FINANCIAL CORP. July 2, 2004Branch Banking Office • November 19th, 2004 • United Pan Am Financial Corp • Mortgage bankers & loan correspondents • California
THIS AGREEMENT (“Agreement”) entered into on this 2nd day of July, 2004 between UNITED PANAM FINANCIAL CORP. (the “Company”), PAN AMERICAN BANK, FSB, a savings bank chartered under the laws of the United States (the “Seller”), having its principal office and place of business in Burlingame, California, and KAISER FEDERAL BANK, a savings bank chartered under the laws of the United States (the “Buyer”), having its principal office and place of business in Covina, California, is made with reference to the following facts:
