PURCHASE AND ASSUMPTION AGREEMENT
WHOLE BANK
AMONG
FEDERAL DEPOSIT INSURANCE CORPORATION,
RECEIVER OF WASHINGTON MUTUAL BANK,
HENDERSON, NEVADA
FEDERAL DEPOSIT INSURANCE CORPORATION
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
DATED AS OF
SEPTEMBER 25, 2008ARTICLE I
ARTICLE I
2a
2.2
23
24
25
ARTICLE IL
3a
32
33
34
35
36
ARTICLE IV
4l
42
43
44
4s
46
47
48
49
4.10
4.1
412
413
Execution Cory
‘Whole Bank P&A
TABLE OF CONTENTS
DEFINITIONS...
ASSUMPTION OF LIABILITIES...
Liabilities Assumed by Assuming Bank 8
Interest on Deposit Liabilities 8
Unclaimed Deposits 8
Omitted 9
9
Borrower Claims...
PURCHASE OF ASSETS... 9
Assets Purchased by Assuming Bank.
Asset Purchase Price
Manner of Conveyance;
Nonrecourse; Etc...
Puts of Assets to the Receiver.
Assets Not Purchased by Assuming Bank
Assets Essential to Receiver .. :
ASSUMPTION OF CERTAIN DUTIES AND OBLIGATIONS..«13
Continuation of Banking Business...
Agreement with Respect to Credit Card Business...
‘Agreement with Respect to Safe Deposit Business
‘Agreement with Respect to Safekeeping Business...
‘Agreement with Respect to Trust Business
‘Agreement with Respect to Bank Premises.
‘Agreement with Respect to Leased Data
Processing Equipment.
‘Agreement with Respect to Certain
Existing Agreements. 16
Informational Tax Reporting :
ii
Washington Mutual Bank
Henderson, NevadaARTICLE V
Sa
52
33
ARTICLE VI
61
62
63
64
ARTICLE VII
ARTICLE VIII
ARTICLE IX
91
92
93
94
95
96
97
ARTICLE X
ARTICLE XI
ARTICLE XII
121
122
123
124
12.5
126
12.7
128
Execution Copy
‘Whole Bank P&A
DUTIES WITH RESPECT TO DEPOSITORS
OF THE FAILED BANK. seen
Payment of Checks, Drafts and Orders... 18
Certain Agreements Related to Deposits... 18,
Notice to Depositors.... 18
RECORDS.
Transfer of Records.
Delivery of Assigned Record:
Preservation of Records
Access to Records; Copies..
BID; INITIAL PAYMENT.....
PROFORMA.
CONTINUING COOPERATION -sesu
General Matters... :
Additional Title Document
Claims and Suits
Payment of Deposits...
Withheld Payments.
Proceedings with Respect to Certain Assets
and Liabilities.
Information...
CONDITION PRECEDENT eee
REPRESENTATIONS AND WARRANTIES OF THE
ASSUMING BANK ..
INDEMNIFICATION ....
Indemnification of Indemnitees ...
Conditions Precedent to Indemnification...
No Additional Warranty...
Indemnification of Corporation and Receiver
Obligations Supplemental...
Criminal Claims...
Limited Guaranty of the Corporation.
Subrogation :
iii
Wiashingon Matual Bark
Henderson, Nevada