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AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT

Purchase and Sale Agreement

AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT | Document Parties: VINEYARD NATIONAL BANCORP You are currently viewing:
This Purchase and Sale Agreement involves

VINEYARD NATIONAL BANCORP

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Title: AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT
Date: 4/1/2009
Industry: Regional Banks     Sector: Financial

AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT, Parties: vineyard national bancorp
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Exhibit 2.1


 

AMENDMENT NO. 2

TO

STOCK PURCHASE AGREEMENT

 

THIS AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT, is entered into as of the 31 st day of March, 2009, between Vineyard National Bancorp (the “ Seller ”) and Vineyard Bancshares, Inc., a Minnesota corporation (the “ Buyer ”).

 

W I T N E S S E T H :

 

WHEREAS, Seller and Buyer entered into a Stock Purchase Agreement dated as of the 12th day of November, 2008 (the “ Original Agreement ”);

 

WHEREAS, Section 14.1(b) of the Original Agreement provides that the Original Agreement may be terminated and the transactions contemplated by the Original Agreement abandoned at any time by Buyer or Seller prior to the Closing Date (as the term “Closing Date” is defined in the Original Agreement) if the condition set forth in Section 9.8 of the Original Agreement shall not have been satisfied within one hundred five (105) days after execution of the Original Agreement;

 

WHEREAS, by entering into Amendment No. 1 to Stock Purchase Agreement dated as of March 10, 2009 by and between Seller and Buyer (“ Amendment No. 1 ”), Buyer and Seller amended the Original Agreement to exten


 
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