Suffolk New York Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Amfirst Bancorporation, and American First National Bank

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• County: Suffolk
• Control #: US-CC-12-1108B
• Format: Word; Rich Text

Description

12-1108B 12-1108B . . . Agreement and Plan of Merger for series of mergers as follows: first, merger of a corporation (Disappearing Company) with a subsidiary (Surviving Subsidiary) of an unrelated company (Surviving Bank) second, merger of Surviving Subsidiary into Surviving Bank and third, merger of the remaining subsidiary of Disappearing Company into Surviving Bank and the conversion of each share of Disappearing Company common stock into right to receive 1.925 shares of Surviving Bank common stock The Suffolk New York Agreement and Plan of Merger, involving Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank, refers to a strategic arrangement aimed at merging these financial entities. This merger endeavor encompasses multiple agreements and plans, each carrying its significance within the overall consolidation process. 1. Suffolk New York Agreement: This pact lays out the terms and conditions agreed upon by the parties involved. It outlines the legal framework within which the merger will take place, defining the rights, responsibilities, and obligations of all participating entities. 2. Plan of Merger: The Plan of Merger serves as a blueprint for the consolidation process. It entails a step-by-step strategy for combining the operations, assets, and liabilities of the individual institutions involved — Cascade Financial, CascadBantamAfirstsst Ban corporation, and American First National Bank. 3. Financial Consolidation Agreement: This agreement focuses on the financial aspects of the merger, outlining the procedures for integrating the financial systems and structures of the merging entities. It addresses matters such as capitalization, asset valuation, and financial reporting standards to ensure a seamless integration process. 4. Cascade Financial and Cascade Bank Merger Agreement: This specific agreement pertains to the merger between Cascade Financial and Cascade Bank. It outlines how the two entities will integrate their operations, governance structures, and customer service strategies, emphasizing a harmonized approach to operations moving forward. 5. Am first Ban corporation and American First National Bank Merger Agreement: This agreement specifically addresses the merger between Am first Ban corporation and American First National Bank. It outlines the necessary steps for integrating their systems, procedures, and business models while ensuring a smooth transition for employees and customers. The Suffolk New York Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank represent a comprehensive effort to combine the strengths and resources of these financial institutions, solidifying their position in the market through strategic collaboration. This merger aims to create a stronger, more competitive entity capable of delivering enhanced services and value to its customers.

The Suffolk New York Agreement and Plan of Merger, involving Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank, refers to a strategic arrangement aimed at merging these financial entities. This merger endeavor encompasses multiple agreements and plans, each carrying its significance within the overall consolidation process. 1. Suffolk New York Agreement: This pact lays out the terms and conditions agreed upon by the parties involved. It outlines the legal framework within which the merger will take place, defining the rights, responsibilities, and obligations of all participating entities. 2. Plan of Merger: The Plan of Merger serves as a blueprint for the consolidation process. It entails a step-by-step strategy for combining the operations, assets, and liabilities of the individual institutions involved — Cascade Financial, CascadBantamAfirstsst Ban corporation, and American First National Bank. 3. Financial Consolidation Agreement: This agreement focuses on the financial aspects of the merger, outlining the procedures for integrating the financial systems and structures of the merging entities. It addresses matters such as capitalization, asset valuation, and financial reporting standards to ensure a seamless integration process. 4. Cascade Financial and Cascade Bank Merger Agreement: This specific agreement pertains to the merger between Cascade Financial and Cascade Bank. It outlines how the two entities will integrate their operations, governance structures, and customer service strategies, emphasizing a harmonized approach to operations moving forward. 5. Am first Ban corporation and American First National Bank Merger Agreement: This agreement specifically addresses the merger between Am first Ban corporation and American First National Bank. It outlines the necessary steps for integrating their systems, procedures, and business models while ensuring a smooth transition for employees and customers. The Suffolk New York Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank represent a comprehensive effort to combine the strengths and resources of these financial institutions, solidifying their position in the market through strategic collaboration. This merger aims to create a stronger, more competitive entity capable of delivering enhanced services and value to its customers.