Agreement and Plan of MergerEmployment Agreement • August 12th, 2011 • PSM Holdings Inc • Mortgage bankers & loan correspondents • New Mexico
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) dated as of August 8, 2011, is by, between, and among United Community Mortgage Corporation, a New Jersey corporation (“UCMC”), a wholly owned subsidiary of Prime Source Mortgage, Inc., a Texas corporation (“PSMI”), PSMI’s parent, PSM Holdings, Inc., a Nevada corporation (“PSMH”), Fidelity Mortgage Company, a Colorado corporation (“Fidelity”), and its shareholders, James Pulsipher, an individual residing in the State of Colorado, and Jared Peterson, an individual residing in the State of Colorado (collectively the “ Shareholders”). Certain capitalized terms used in this Agreement are defined in ARTICLE XII of this Agreement.
