Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 282

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 282
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 of its board of directors in support of any of the prohibited actions described above. |

Prior to the closing (or earlier termination of the merger agreement), except as expressly contemplated or permitted by the merger agreement (including as set forth in the confidential disclosure schedules to the merger agreement delivered by Mechanics) or as required by law, Mechanics will not, and will cause its subsidiaries not to, without the prior written consent of HomeStreet (such consent not to be unreasonably withheld, conditioned or delayed), take any of the following actions:

| • | amend Mechanics’ articles of incorporation, bylaws or any of the organizational documents of any of its subsidiaries in a manner that would impair Mechanics’ ability to perform its obligations under the merger agreement or consummate the transactions contemplated by the merger agreement on a timely basis; |

| • | adjust, split, combine or reclassify any capital stock, except as required by the Mechanics charter, bylaws or the existing shareholders agreement pursuant to the terms thereof as of the date of the merger agreement in respect of Mechanics non-voting common stock; |

| • | merge or consolidate itself or any of its subsidiaries with any other person, or restructure, reorganize or completely or partially liquidate or dissolve it or any of its subsidiaries; |

| • | take any action or knowingly fail to take any action where such action or failure to act could reasonably be expected to prevent the merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code; |

| • | take any action that is intended or expected to result in any of the conditions to the merger not being satisfied; |

| • | knowingly take any action (including a business acquisition, sale or other strategic transaction) that is intended, or would reasonably be expected, to prevent, materially impede or materially delay the consummation of the transactions contemplated by the merger agreement or materially impair Mechanics’ ability to perform its obligations under the merger agreement or consummate the transactions contemplated by the merger agreement on a timely basis; or |

| • | agree to take, make any commitment to take, or adopt any resolutions of its board of directors in support of any of the prohibited actions described above. |

Regulatory Matters HomeStreet and Mechanics have agreed to cooperate with each other and use their reasonable best efforts to promptly prepare and file all necessary documentation, to effect all applications, notices, petitions and filings, to obtain as promptly as practicable all permits, consents, approvals and authorizations of all third parties and governmental entities which