SEC Contract Filing

Filing Date: 2018-01-09

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d465292dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Exhibit 10.1 </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>SHAREHOLDER VOTING AGREEMENT </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Shareholder Voting Agreement (this &#147;<B>Agreement</B>&#148;) is entered into as of January&nbsp;9, 2018, by and between the
undersigned holder (&#147;<B>Shareholder</B>&#148;) of Common Shares (as defined below) and Meta Financial Group, Inc., a Delaware corporation (&#147;<B>Buyer</B>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RECITALS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>,
as of the date hereof, Shareholder &#147;<B>beneficially owns</B>&#148; (as such term, along with &#147;<B>owns beneficially</B>&#148;, &#147;<B>beneficial ownership</B>&#148; and other like terms, is defined in Rule
<FONT STYLE="white-space:nowrap">13d-3</FONT> promulgated under the Securities Exchange Act of 1934, as amended) and is entitled to dispose of (or to direct the disposition of) and to vote (or to direct the voting of) the number of shares of voting
common shares, no par value per share (the &#147;<B>Common Shares</B>&#148;) of Crestmark Bancorp, Inc. a Michigan corporation (&#147;<B>Company</B>&#148;) indicated on the signature page of this Agreement under the heading &#147;Total Number of
Common Shares&#148; (the &#147;<B>Original Shares</B>&#148; and together with any additional shares of Common Shares pursuant to <U>Section</U><U></U><U>&nbsp;5</U> hereof, the &#147;<B>Shares</B>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, Company, Buyer, Crestmark Bank, a Michigan state-chartered bank and wholly-owned subsidiary of Company, and MetaBank, a
federally chartered stock savings bank and a wholly-owned subsidiary of Buyer have entered or will enter into an Agreement and Plan of Merger, dated as of the date hereof (the &#147;<B>Merger Agreement</B>&#148;), pursuant to which, among other
things, Company will merge with and into Buyer (the &#147;<B>Merger</B>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, as a condition to the willingness of
Buyer to enter into the Merger Agreement, Buyer has required Shareholder to execute and deliver this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE</B>, in
consideration of, and as a material inducement to, Buyer entering into the Merger Agreement and proceeding with the transactions contemplated thereby, and in consideration of the expenses incurred and to be incurred by Buyer in connection therewith,
Shareholder and Buyer, intending to be legally bound, hereby agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>1.</B> <B><U>Definitions</U></B>. For purposes of this
Agreement, capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Merger Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>2.</B> <B><U>Representations and Warranties of Shareholder</U></B>. Shareholder represents and warrants to and agrees with Buyer as
follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>(a)</B> Shareholder is the beneficial owner or record owner of the Shares free and clear of any and all
pledges, liens, security interests, mortgage, claims, charges, restrictions, options, title defects, or encumbrances, except as otherwise disclosed on Schedule 2(a) attached hereto. Shareholder does not own, of record or beneficially, any shares of
capital stock of Company other than (i)&nbsp;the Original Shares and (ii)&nbsp;any options, warrants or other rights to acquire any additional Common Shares or any security exercisable for or convertible into Common Shares, set forth on the
signature page of this Agreement (collectively, the &#147;<B>Options</B>&#148;). </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>(b)</B> Shareholder has full power and authority to (i)&nbsp;make, enter into,
and carry out the terms of this Agreement; and (ii)&nbsp;vote all of the Shares in the manner set forth in this Agreement without the consent or approval of, or any other action on the part of, any other person or entity (including any governmental
body), except as otherwise disclosed on Schedule 2(b) attached hereto. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>(c)</B> This Agreement has been duly and validly
executed and delivered by Shareholder and constitutes a valid and binding agreement of Shareholder enforceable against Shareholder in accordance with its terms. The execution and delivery of this Agreement and the performance by Shareholder of the
agreements and obligations hereunder will not result in any breach or violation of or be in conflict with or constitute a default under any term of any contract to or by which Shareholder is a party or bound, or any statut