Company: OSBC
Filing Date: 2025-05-08
Form Type: 424B3
Source: 0001104659-25-046065
Chunk: 116

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-08
Form: 424B3
Chunk 116
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 non-solicitation obligations; or

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in the event that (i) after the date of the merger agreement, a bona fide acquisition proposal has been made known to Bancorp Financial or any person has publicly announced (and not withdrawn) an acquisition proposal with respect to Bancorp Financial and (ii) thereafter, the merger agreement is terminated (A) by either Old Second or Bancorp Financial because the merger has not been completed prior to the termination date (and Bancorp Financial has not obtained stockholder approval of the merger proposal), (B) by Old Second as a result of a breach of a representation, warranty, covenant or other agreement in the merger agreement by Bancorp Financial that would constitute the failure of a closing condition and that has not been cured during the permitted time period, or by its nature cannot be cured during such period or (C) by Old Second or Bancorp Financial because the approval of the merger proposal by Bancorp Financial stockholders is not obtained and (iii) prior to the date that is 12 months after the date of such termination, Bancorp Financial enters into a definitive agreement or consummates a transaction with respect to an acquisition proposal.

#### Expenses and Fees
The merger agreement provides that each party will be responsible for its own direct costs and expenses incurred in connection with the negotiation and consummation of the transactions contemplated by the merger agreement, including filing, registration and application fees, printing fees, and fees and expenses of its own financial or other consultants, investment bankers, accountants, and counsel.

Amendment, Waiver and Extension of the Merger Agreement

To the extent permitted by applicable law, Bancorp Financial and Old Second may amend the merger agreement at any time by a written agreement signed by each of the parties, including before or after the approval of the merger agreement by Bancorp Financial stockholders. However, after Bancorp Financial

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stockholders have approved the merger agreement, no amendment may be made that requires further approval under applicable law without obtaining such additional stockholder approval.

At any time prior to the effective time of the merger, each of Bancorp Financial and Old Second may, to the extent permitted by law: (i) extend the time for the performance of any of the obligations or other acts of the other party under the merger agreement; (ii) waive any inaccuracies in the representations and warranties made by the other party in the merger agreement or in any document delivered pursuant to it; and (iii) waive compliance