Georgia Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Amfirst Bancorporation, and American First National Bank

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US-CC-12-1108B
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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 Georgia Agreement and Plan of Merger is a legal document that outlines the consolidation of Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank. This merger aims to combine the resources, expertise, and customer bases of these prominent financial institutions operating in the state of Georgia. Keywords: Georgia Agreement and Plan of Merger, Cascade Financial, Cascade Bank, Am first Ban corporation, American First National Bank, consolidation, resources, expertise, customer base, financial institutions, state of Georgia. The merger of these financial entities is expected to lead to enhanced operational efficiency while leveraging the strengths of each institution. By pooling their resources, Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank intend to create a more robust and competitive financial services platform within the state. This Agreement and Plan of Merger sets out the terms, conditions, and procedures to be followed during the merger process. It covers various aspects, including the exchange ratio for the stock of each merging company, the governance structure of the combined entity, and the allocation of assets and liabilities. Types of Georgia Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank: 1. Merger Agreement — This type of agreement encompasses the overall merger process, including the legal and financial aspects, and sets the framework for the consolidation. 2. Asset Purchase Agreement — In this arrangement, one company acquires the assets of another company, often without assuming the liabilities or obligations. 3. Stock Purchase Agreement — This agreement involves one company acquiring a controlling interest in another company by purchasing the majority of its shares. 4. Amended and Restated Agreement — This type of agreement modifies and updates a previous merger agreement to account for changes in circumstances or additional terms. The Georgia Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank demonstrates their commitment to growth and expansion in the financial sector. Through this merger, they aim to provide customers with enhanced banking products and services, increased accessibility, and improved customer experiences. Overall, the Georgia Agreement and Plan of Merger represents a significant step towards building a stronger financial institution in the state, benefiting both the merging entities and their valued customers.

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Georgia Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Amfirst Bancorporation, and American First National Bank