Company: HBAN
Filing Date: 2025-07-21
Form Type: S-4
Source: 0001140361-25-026508
Chunk: 130

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-21
Form: S-4
Chunk 130
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 termination fee equal to $56 million by wire transfer of same-day funds (the “termination fee”) if the merger agreement is terminated in the following circumstances:

| • | In the event that the merger agreement is terminated by Huntington pursuant to the last bullet set forth under “—Termination of the Merger Agreement” above. In such case, the termination fee must be paid to Huntington as promptly as reasonably practicable after the date of termination (and in any event, within three (3) business days of the date of termination). |

| • | In the event that, after the date of the merger agreement and prior to the termination of the merger agreement, a bona fide Veritex acquisition proposal has been communicated to or otherwise made known to the Veritex board of directors or Veritex’s senior management or has been made directly to Veritex ’s shareholders generally, or any person has publicly announced (and not withdrawn at least two (2) business days prior to the Veritex special meeting) a Veritex acquisition proposal with respect to Veritex, and (A) thereafter the merger agreement is terminated by either Huntington or Veritex pursuant to the third bullet set forth under “—Termination of the Merger Agreement” above without the requisite Veritex vote having been obtained or (B) thereafter the merger agreement is terminated by Huntington pursuant to the fourth bullet set forth under “—Termination of the Merger Agreement” above, and (C) prior to the date that is twelve (12) months after the date of such termination, Veritex enters into a definitive agreement or consummates a transaction with respect to a Veritex acquisition proposal (whether or not the same Veritex acquisition proposal as that referred to above), provided that for purposes of the foregoing, all references in the definition of Veritex acquisition proposal to “twenty-five percent (25%)” will instead refer to “fifty percent (50%).” In such case, the termination fee must be paid to Huntington on the earlier of the date Veritex enters into such definitive agreement and the date of consummation of such transaction. |

Fees and Expenses Except as otherwise expressly provided in the merger agreement, all fees and expenses incurred in connection with the merger agreement and the transactions contemplated thereby will be paid by the party incurring such fees or expenses, whether or not the merger is consummated, except that the costs and expenses of printing and mailing this proxy statement/prospectus and all filing and other fees paid