Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 68

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 68
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 injunction or decree permanently enjoining 
 or otherwise prohibiting or making illegal the consummation of the Merger or the Bank Merger, unless the failure to obtain a requisite regulatory approval is due to the failure of the party seeking to terminate the Merger Agreement to perform or    
 observe its obligations, covenants and agreements set forth in the Merger Agreement;                                                                                                                                                                     |

| • |     | by either Associated or American National (provided that the terminating party is not then in material breach of                                                                                                                                         
 any representation, warranty, obligation, covenant or other agreement contained in the Merger Agreement) if there is a breach of any of the obligations, covenants or agreements or any of the representations or warranties (or if any such             
 representation or warranty ceases to be true) set forth in the Merger Agreement on the part of American National, in the case of a termination by Associated, or Associated, in the case of a termination by American National, which breach or failure  
 to be true, either individually or in the aggregate with all other breaches by such party (or failures of such representations or warranties to be true), would constitute, if occurring or continuing on the closing date, the failure of an applicable 
 closing condition of the terminating party and which is not cured by the earlier of the termination date and 45 days following written notice to the other party, or by its nature or timing cannot be cured during such period.                         |

Effect of Termination If the Merger Agreement is terminated by either Associated or American National, as provided under “—Termination of the Merger Agreement” above, the Merger Agreement will become void and have no effect, and none of Associated, American National, any of their respective subsidiaries or any of the officers or directors of any of them will have any liability of any nature whatsoever under the Merger Agreement, or in connection with the transactions contemplated thereby, except that (i) certain designated provisions of the Merger Agreement will survive the termination, including those relating to the confidential treatment of information, public announcements, the effect of termination, post-closing indemnification and governance of the surviving corporation, and certain general provisions, and (ii) notwithstanding anything to the contrary in the Merger Agreement, neither Associated nor American National will be relieved or released from any liabilities or damages arising out of its fraud or willful and material breach of any provision of the Merger Agreement. Fees and Expenses Except as otherwise expressly provided in the Merger Agreement, all fees and expenses incurred in connection with the Merger Agreement and