Company: GDOT
Filing Date: 2025-11-26
Form Type: 425
Source: 0001140361-25-043547
Chunk: 274

Company: GREEN DOT CORP
Filing Date: 2025-11-26
Form: 425
Chunk 274
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: William I Jacobs                    |
|                         | Title: Chief Executive Officer            |
| GREEN DOT OPCO, LLC     |                                           |
| By:                     | /s/ Bill Smith                            |
|                         | Name: Bill Smith                          |
|                         | Title: President                          |
| COMPASS SUB NORTH, INC. |                                           |
| By:                     | /s/ Kenneth Till                          |
|                         | Name: Kenneth Till                        |
|                         | Title: President, Treasurer and Secretary |

[ Signature Page to Separation Agreement] Exhibit A Form of Transition Services Agreement

TRANSITION SERVICES AGREEMENT This TRANSITION SERVICES AGREEMENT (this “ Agreement”), dated as of [●], is entered into by and between Compass Sub North, Inc., a Delaware corporation (“ BankCo”), and Green Dot OpCo, LLC, a Delaware limited liability company (“ PaymentsCo” and, together with BankCo, the “ Parties”, and each a “ Party”). Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to them in that certain Separation Agreement, dated as of November 23, 2025, by and among Green Dot Corporation, a Delaware corporation (“ Green Dot”), PaymentsCo and BankCo (the “ Separation Agreement”). R E C I T A L S: WHEREAS, pursuant to the Agreement and Plan of Merger, dated as of November 23, 2025 (the “ Merger Agreement”), by and between Green Dot, CommerceOne Financial Corporation, an Alabama corporation (“ CommerceOne”), BankCo, Compass Sub East, Inc., a Delaware corporation (“ Merger Sub One”), and Compass Sub West, Inc., a Delaware corporation (“ Merger Sub Two”), subject to the terms and conditions set forth therein, (i) Merger Sub One merged with and into CommerceOne with CommerceOne surviving, and Merger Sub Two merged with and into Green Dot with Green Dot surviving (the “ Concurrent Mergers”) and (ii) immediately after effectiveness of the transactions contemplated by the Separation Agreement, CommerceOne merged with and into BankCo with BankCo surviving; WHEREAS, pursuant to the Separation Agreement, subject to the terms and conditions set forth therein, (i) immediately following the Concurrent Mergers, Green Dot converted into a limited liability company, (ii) immediately following such conversion, Green Dot distributed the stock of Green Dot Bank, a Utah-chartered bank and wholly-owned Subsidiary of Green Dot, to Compass Sub Northwest, Inc., and (iii) immediately following such distribution