Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 746

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 746
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 that are issued and outstanding at or during such time.

“ person ” means any individual, corporation (including not-for-profit), general or limited partnership, limited liability company, joint venture, estate, trust, association, organization, Governmental Authority or other entity of any kind or nature.

“ Pro Rata Share ” with respect to a particular person means the fraction that results from dividing (a) the number of shares of Company Equity Interests beneficially owned by such person by (b) the aggregate number of Outstanding shares of Company Equity Interests. For purposes of this definition, shares of Company Equity Interests will be measured on an as-converted to Common Stock basis (notwithstanding any limitation on conversion with respect to such Equity Interests). For the avoidance of doubt, (i) the Pro Rata Share of the Rabobank Parties and the Ford Shareholders, respectively, shall be determined without duplication or double counting, and (ii) each share of the Class B Common Stock shall be deemed to be a number of shares of Common Stock equal to the Deemed Conversion Ratio for purposes of calculating the foregoing.

“ Public Offering ” means an underwritten public offering and sale of Company Equity Interests for cash pursuant to an effective registration statement (other than on Form S-4, S-8 or a comparable form) under the Securities Act.

“ Rabobank Parties ” means Rabobank and any Rabobank Permitted Transferee to whom Company Equity Interests are transferred in compliance with the terms of this Agreement.

“ Rabobank Permitted Transferee ” means any Affiliate of a Rabobank Party (or of any subsequent Permitted Transferee) that is transferred Company Equity Interests by a Rabobank Party or an Affiliate of a Rabobank Party and becomes a party to and fully subject to and bound by this Agreement to the same extent as the transferring party by executing and delivering a joinder to this Agreement in the form attached as Exhibit A.

“ Registrable Equity Interests ” means, at any time, any Outstanding shares of Common Stock (including, for the avoidance of doubt, Class A Common Stock issuable upon conversion of Class B Common Stock in accordance with the terms and conditions of the Articles Amendment) held by any Rabobank Party or any Ford Shareholder (including, as applicable, any Affiliate or limited partner of a Ford Shareholder or Rabobank Party that acquires Registrable Equity Interests, directly or indirectly, as a result of a distribution in kind of Registrable Equity Inter