Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 292

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 292
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 stock (it being understood that the underlying cause of such change may be taken into account to the extent not otherwise excluded by this definition); or (ii) the fact alone that HomeStreet meets or exceeds any internal or published forecasts or projections for any period (it being understood that the underlying cause of such over-performance by HomeStreet may be taken into account to the extent not otherwise excluded by this definition).

#### Agreement Not to Solicit Other Offers
HomeStreet has agreed that it will, and will cause its subsidiaries and representatives to, immediately cease and cause to be terminated any activities, discussions or negotiations conducted before the date of the merger agreement with any person other than Mechanics, with respect to any acquisition proposal.

HomeStreet has agreed that it will not, and will cause its subsidiaries and its and their representatives not to, directly or indirectly, (i) initiate, solicit, knowingly encourage or knowingly facilitate inquiries or proposals with respect to any acquisition proposal, (ii) engage or participate in any negotiations with any person concerning any acquisition proposal, (iii) provide any confidential or nonpublic information or data to or have or participate in any discussions with any person relating to any acquisition proposal or (iv) unless the merger agreement has been terminated in accordance with its terms, approve or enter into any term sheet, letter of intent, commitment, memorandum of understanding, agreement in principle, acquisition agreement, merger agreement or other agreement (whether written or oral, binding or nonbinding) (other than a confidentiality agreement referred to and entered into in accordance with the applicable terms of the merger agreement) in connection with or relating to any acquisition proposal.

However, in the event that after the date of the merger agreement and prior to the receipt of the requisite HomeStreet shareholder approval HomeStreet receives an unsolicited bona fide written acquisition proposal, HomeStreet may, and may permit its subsidiaries and its and its subsidiaries’ representatives to, furnish or cause to be furnished confidential or nonpublic information or data and participate in such negotiations or discussions with the person making the acquisition proposal if the HomeStreet board of directors concludes in good faith (after receiving the advice of its outside counsel and, with respect to financial matters, its financial advisors) that failure to take such actions would be more likely than not to result in a violation of its fiduciary duties under applicable law, provided that, prior to furnishing any confidential or nonpublic information permitted to be provided, HomeStreet must enter into a confidentiality agreement with the person making such acquisition proposal on terms no less favorable to it than the confidentiality agreement, dated