Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 649

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 649
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 laws, applicable securities laws, the rules of any exchange or inter-dealer quotation system upon which the Company’s securities are listed or quoted, the rules of any foreign jurisdiction applicable to Incentives granted to residents therein, and any other applicable law, rule or restriction.

2.2 “

#### Award
” means the grant of any Incentive Stock Option, Nonqualified Stock Option, Restricted Stock, SAR, Restricted Stock Unit, Performance Award, Dividend Equivalent Right or Other Award, whether granted singly or in combination pursuant to the terms of this Plan (each individually referred to herein as an “

#### Incentive
”).

2.3 “

#### Award Agreement
” means a written agreement between a Participant and the Company that sets out the terms and conditions of the grant of an Award.

2.4 “

#### Board
” means the board of directors of the Company.

2.5 “

#### Cause
” shall have the meaning set forth in the Participant’s Award Agreement.

2.6 “

#### Change in Control
” means the happening of any of the following events following the Effective Date:

(a) The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “

#### Person
”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 33% or more of either (i) the then outstanding shares of common stock of the Company (the “

#### Outstanding Company Common Stock
”) or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “

#### Outstanding Company Voting Securities
”); provided , however , that for purposes of this subsection (a), the

<div align='center'>D-1</div>

#### TABLE OF CONTENTS
following acquisitions shall not constitute a Change in Control: (v) any acquisition directly from the Company, (w) any acquisition by the Company, (x) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company, (y) any acquisition by a Person who holds or controls entities that, in the aggregate (including the holdings of such Person), hold or control 10% or more of the Outstanding Company Common Stock or the Outstanding Company Voting Securities immediately following the Effective Date