Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 123

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 123
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 Rule 16b-3 under the Exchange Act, shall consist entirely of two or more “non-employee directors” as defined in Rule 16b-3 under the Exchange Act. At any time there is no Committee to administer the 2025 Equity Incentive Plan, any reference to the Committee is a reference to HomeStreet’s board of directors. The Committee will determine the persons to whom awards are to be made; determine the type, size, and terms and conditions of awards; modify, amend or adjust the terms and conditions of any award; interpret the 2025 Equity Incentive Plan and applicable award agreements; establish and revise rules and regulations relating to the 2025 Equity Incentive Plan and any sub-plans (including sub-plans for awards made to participants who do not reside in the United States); establish or modify performance goals applicable to awards and certify the extent of their achievement; and make any other determinations that it believes are necessary for the administration of the 2025 Equity Incentive Plan. The Committee may delegate certain of its duties to one or more of our officers as provided in the 2025 Equity Incentive Plan.

Shares to be issued under the 2025 Equity Incentive Plan may be made available from authorized but unissued shares of our common stock, or shares purchased by us on the open market or otherwise. During the term of the 2025 Equity Incentive Plan, we will at all times reserve and keep enough shares available to satisfy the requirements of the 2025 Equity Incentive Plan. Shares subject to any award under the 2025 Equity Incentive Plan or Prior Plan Award that is forfeited, expires or is canceled will again be available for the grant of additional awards pursuant to the provisions of the 2025 Equity Incentive Plan. Additionally, any shares subject to any award under the 2025 Equity Incentive Plan or any Prior Plan Award relating to HomeStreet common stock that, on or after the Effective Date, are settled in cash may again be awarded pursuant to the provisions of the 2025 Equity Incentive Plan. Shares withheld by or delivered to us to satisfy the exercise price of stock options or tax withholding obligations with respect to any award granted under the 2025 Equity Incentive Plan will nonetheless be deemed to have been issued under the 2025 Equity Incentive Plan and will not again be available for grant under the 2025 Equity Incentive Plan. Additionally, shares unused in the net