Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 137

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 137
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 Second board of directors and will depend upon Old Second’s earnings and financial condition, its capital requirements and those of its subsidiaries, regulatory conditions and considerations and other factors as the Old Second board of directors may deem relevant.

#### Voting Rights
. Each outstanding share of Old Second common stock shall entitle the holder thereof to one vote. Except as otherwise provided by law or in a resolution adopted by the board of directors designating the rights of preferred stock, the holders of Old Second common stock possess exclusive voting power for all purposes. The holders of Old Second common stock have no cumulative voting rights. When a quorum is present at any meeting, the vote of a majority of the shares present in person or represented by proxy will decide the election of directors, unless the number of nominees exceeds the number of directors to be elected at such meeting, in which case, the directors will be elected by a plurality vote. Questions brought before any meeting of stockholders will be decided by the vote of the holders of a majority of the shares having voting power present in person or represented by proxy, except as otherwise required by applicable Delaware law, the Old Second charter or the Old Second bylaws.

#### Liquidation Rights
. In the event of any liquidation, dissolution or winding up of Old Second, whether voluntary or involuntary, after payment or provision for payment of the debts and other liabilities of Old Second and the preferential amounts to which the holders of any outstanding preferred stock shall be entitled, the holders of Old Second common stock shall be entitled to share ratably in the remaining assets of Old Second. A merger, consolidation, or sale of substantially all assets shall not be deemed a liquidation, dissolution or winding up.

#### Preemptive Rights
. The holders of Old Second common stock have no preemptive rights.

#### Miscellaneous
. Shares of Old Second common stock are not convertible into shares of any other class of capital stock.

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#### Preferred Stock
Old Second may issue up to 300,000 shares of preferred stock, $1.00 par value per share, from time to time in one or more series. The Old Second board of directors, without further approval of Old Second stockholders, has the authority to fix the dividend rights and terms, conversion rights, voting rights, redemption rights and terms, liquidation preferences, sinking funds and any other rights, preferences, privileges and restrictions applicable to each series of preferred stock. The issuance of preferred stock, while providing flexibility in connection with possible