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PURCHASE AND ASSUMPTION AGREEMENT
 among
 Northland National Bank
a national banking association
 and
 Bank of Blue Valley,
a Kansas state-chartered, Federal Reserve member bank
 and
 Blue Valley Ban Corp.,
a Kansas corporation
 Dated
as of March 2, 2007




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TABLE OF CONTENTS
 Purchase and Assumption Agreement
 ARTICLE I DEFINITIONS
    
    
    6Section 1.1.
    
    Defined Terms
    
    
    6Section 1.2.
    
    Accounting Terms
    
    
    7ARTICLE II PURCHASE AND
SALE OF ASSETS AND ASSIGNMENT AND ASSUMPTION OF LIABILITIES
    

    8Section 2.1.
    
    Purchase and Sale of Bank Assets
    
    
    8Section 2.2.
    
    Bank Liabilities
    
    
    17Section 2.3.
    
    Actions With Respect to Certain Accounts
    
    
    25Section 2.4.
    
    Entire Transaction
    
    
    26ARTICLE III PURCHASE PRICE; PAYMENT; AND SETTLEMENT
    
    
    30Section 3.1.
    
    Purchase Price
    
    
    30Section 3.2.
    
    Payment at Closing
    
    
    31Section 3. 3.
    
    Closing Date Adjustments
    
    
    32Section 3.4.
    
    Sales and Use Taxes
    
    
    32ARTICLE IV CLOSING
    
    
    34Section 4.1.
    
    Place and Time of Closing; Effective Time
    
    
    34Section 4.2.
    
    Northland Deliveries
    
    
    35Section 4. 3.
    
    Buyer Deliveries
    
    
    40ARTICLE V CONDITIONS TO CLOSING
    
    
    43Section 5.1.
    
    Conditions to Obligations of Northland
    
    
    43Section 5.2.
    
    Conditions to Obligations of Buyer
    
    
    49ARTICLE VI REPRESENTATIONS AND WARRANTIES
    
    
    53Section 6.1.
    
    Representations and Warranties of Northland
    
    
    53Section 6.2.
    
    Representations and Warranties of Buyer
    
    
    64ARTICLE VII COVENANTS OF NORTHLAND
    
    
    79Section 7.1.
    
    Regulatory Approvals
    
    
    79ARTICLE VIII COVENANTS OF BUYER
    
    
    84Section 8.1.
    
    Regulatory Approvals and Standards
    
    
    85Section 8.2.
    
    Corporate and Other Consents; Compliance with Law
    
    
    90Section 8.3.
    
    Employees
    
    
    91ARTICLE IX INDEMNITY
    
    
    94Section 9.1.
    
    Northlands Indemnity
    
    
    94Section 9.2.
    
    Buyers Indemnity
    
    
    96Section 9.3.
    
    Indemnification Procedures
    
    
    97Section 9.4.
    
    Survival
    
    
    103
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ARTICLE X POST CLOSING MATTERS
    
    
    104Section 10.1.
    
    Further Assurances
    
    
    104Section 10.2.
    
    Access to and Retention of Books and Records
    
    
    107Section 10.3.
    
    Mutual Cooperation
    
    
    108Section 10.4.
    
    Insurance
    
    
    108ARTICLE XI MISCELLANEOUS
    
    
    109Section 11.1.
    
    Venue; Jury Waiver
    
    
    109Section 11.2.
    
    Expenses
    
    
    110Section 11.3.
    
    Communications, etc
    
    
    112Section 11.4.
    
    Termination
    
    
    114Section 11.5.
    
    Modification and Waiver
    
    
    116Section 11.6.
    
    Binding Effect;Assignment
    
    
    116Section 11.7.
    
    Confidentiality
    
    
    118Section 11.8.
    
    Entire Agreement
    
    
    122Section 11.9.
    
    Governing Law
    
    
    123Section 11.10.
    
    Severability
    
    
    124Section 11.11.
    
    Counterparts
    
    
    125Section 11.12.
    
    Notices
    
    
    126Section 11.13.
    
    Headings; Interpretation
    
    
    127Section 11.14.
    
    Specific Performance
    
    
    128Section 11.15.
    
    Third Party Beneficiaries
    
    
    129Section 11.16.
    
    Mutual Drafting
    
    
    130
 SCHEDULES
 Schedule I
    
    DefinitionsSchedule II
    
    NoticesSchedule III
    
    Banking OfficesSchedule IV
    
    Tenant LeasesSchedule V
    
    Banking Office LeasesSchedule 2. l(b)
    
    Retained AssetsSchedule 2.2(b)
    
    Retained LiabilitiesSchedule 6.2(d)
    
    Compliance With Laws (Buyer)
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PURCHASE AND ASSUMPTION AGREEMENT
 THIS PURCHASE AND ASSUMPTION AGREEMENT Agreement) Northland National Bank, (Northland), Bank of Blue Valley, (Bank of Blue Valley), Blue
Valley Ban Corp., (Ban
Corp Buyer).
 RECITALS
 (Western National);
 Merger Agreement), Merger
  Party Parties)
 AGREEMENT
 NOW, THEREFORE,
 ARTICLE I
 DEFINITIONS
 Section 1.1. Defined Terms Schedule I




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Section 1.2. Accounting Terms GAAP
 ARTICLE II
 PURCHASE AND SALE OF ASSETS AND
ASSIGNMENT AND ASSUMPTION OF LIABILITIES
 Section 2.1. Purchase and Sale of Bank Assets.
 Bank Assets),
     Bank Business)
      2




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Retained Assets),
 Section Bank Liabilities
 Bank Liabilities),
    
      3




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Schedule 2.2(b) Retained Liabilities),
 Section 2.3. Actions With Respect to Certain Accounts (Custodial Accounts).
 Section 2.4. Entire Transaction
 (Goals)
 ARTICLE III
 PURCHASE PRICE; PAYMENT; AND SETTLEMENT
 Section 3.1. Purchase Price minus
 4




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Section 3.2. Payment at Closing
 Section 3.3. Closing Date Adjustments
 Section 3.4. Sales and Use Taxes
 ARTICLE IV
 CLOSING
 Section 4.1. Place and Time of Closing; Effective Time Effective Time).
 Section 4.2. Northland Deliveries
  Exhibit A Bill of Sale);
 Exhibit B Assignment and
Assumption Agreement);
 5




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Exhibit C
    Section 4.3. Buyer Deliveries
    Exhibit C
  ARTICLE V
 CONDITIONS TO CLOSING
 Section 5.1. Conditions to Obligations of Northland
  6




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Regulatory Approvals),
    Section 5.2. Conditions to Obligations of Buyer
   7




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ARTICLE VI
 REPRESENTATIONS AND WARRANTIES
 Section 6.1. Representations and Warranties of Northland.
 Organization.
 Authority.
 Non-Contravention.
 8




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Compliance with Laws.
 Legal Proceedings.
 Brokers and Finders.
 Disclaimer of Warranties.
 Section 6.2. Representations and Warranties of Buyer.
 9




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Organization.
 Authority.
 Non-Contravention.
 Compliance with Laws. Schedule 6.2(d),
 10




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Legal Proceedings.
 Brokers and Finders.
 Buyer Investigation.
 Disclaimer of Further Warranties.
 ARTICLE VII
 COVENANTS OF NORTHLAND
  Section 7.1. Regulatory Approvals.
  11




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ARTICLE VIII
 COVENANTS OF BUYER
  Section 8.1. Regulatory Approvals and Standards.
   12




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Section 8.2. Corporate and Other Consents; Compliance with Law.
   Section 8.3. Employees.
  ARTICLE IX
 INDEMNITY
 Section 9.1. Northlands Indemnity.
 13




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Buyer Indemnitees) Claims)
 Section 9.2. Buyers Indemnity. Northland
Indemnitees)
 Section 9.3. Indemnification Procedures.
 Indemnified
Party) Indemnifying Party)
   14




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Section 9.4. Survival.
 ARTICLE X
 POST CLOSING MATTERS
 Section 10.1. Further Assurances.
    Section 10.2. Access to and Retention of Books and Records.
 15




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Section 10.3. Mutual Cooperation.
 Section 10.4. Insurance.
 ARTICLE XI
 MISCELLANEOUS
 Section 11.1. Venue; Jury Waiver.
 Section 11.2. Expenses. except that
 Section 11.3. Communications, etc.
 Section 11.4. Termination.
 16




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Section 11.5. Modification and Waiver.
 Section 11.6. Binding Effect; Assignment. provided, however,
 Section 11.7. Confidentiality.
 provided
  17




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Section 11.8. Entire Agreement.
 Section 11.9. Governing Law.
 Section 11.10. Severability.
 Section 11.11. Counterparts.
 Section 11.12. Notices. Schedule II
 Section 11.13. Headings; Interpretation.
 Section 11.14. Specific Performance.
 Section 11.15. Third Party Beneficiaries.
 18




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Section 11.16. Mutual Drafting.
 Execution page follows
 19




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NORTHLAND:
NORTHLAND NATIONAL BANKBy:Kenneth RiedemannChairman of the BoardBAN CORP:
BLUE VALLEY BAN CORP.By:Robert D. RegnierPresidentBANK OF BLUE VALLEY: 
BANK OF BLUE VALLEYBy:Robert D. RegnierPresident