South Carolina Form of Agreement and Plan of Merger by Regional Ban corp, Inc., Medford Interim, Inc., and Medford Savings Bank serves as a legal document that outlines the terms and conditions of a merger between Regional Ban corp, Inc., Medford Interim, Inc., and Medford Savings Bank in South Carolina. It provides a comprehensive framework for the consolidation of these entities and outlines various aspects of the merger process. This form of agreement and plan of merger lays out the specific details regarding the structure and mechanics of the merger. It encompasses critical elements such as the purpose of the merger, the exchange ratio, the treatment of outstanding shares, the governance structure of the merged entity, and the transition of assets and liabilities. The agreement also addresses employee benefits, regulatory approvals, and any special conditions that need to be met. The South Carolina Form of Agreement and Plan of Merger may consist of different variations to cater to specific requirements or circumstances, such as: 1. Standard South Carolina Form of Agreement and Plan of Merger: This version includes the essential provisions and terms required for a typical merger transaction, ensuring compliance with South Carolina state laws and regulations. 2. South Carolina Form of Agreement and Plan of Merger with Cash Consideration: This variant includes provisions outlining the inclusion of cash consideration in addition to stock considerations in the merger transaction. It specifies the amount and terms of the cash payments to be made to the shareholders. 3. South Carolina Form of Agreement and Plan of Merger with Stock Consideration: This version focuses primarily on the exchange of stock between the involved entities, the conversion ratio, and the treatment of outstanding shares, without any cash consideration. 4. South Carolina Form of Agreement and Plan of Merger with Asset Purchase: In cases where Medford Savings Bank's assets are to be acquired by Regional Ban corp, Inc., and Medford Interim, Inc., this variation outlines the terms of the asset purchase agreement and the subsequent merger. Each variation of the South Carolina Form of Agreement and Plan of Merger is customized to suit the specific needs of the merging entities, facilitating a smooth transition and consolidation of operations. It is important to consult with legal professionals and comply with applicable state laws when utilizing these forms.