Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 235

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 235
---
 approval;

WHEREAS, for U.S. federal income tax purposes, it is intended that the Mergers shall qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the “ Code ”), and this Agreement is intended to be and is adopted as a plan of reorganization for purposes of Sections 354 and 361 of the Code;

WHEREAS, concurrently with the execution of this Agreement, Parent, Caroline S. Johnson, Francis M. Miley and Daniel C. Reardon, solely in their respective capacities as trustees of the Otto Bremer Trust, a trust created under trust instrument dated May 22, 1944 and governed by the laws of Minnesota (the “ Trust ”) (in such capacities, the “ Trustees ”), and not in their respective individual capacities, will execute and deliver to each other counterparts of a voting agreement in the form mutually agreed upon by the parties (the “ Trustee Voting Agreement ”);

WHEREAS, concurrently with the execution of this Agreement, Parent and each of the directors of the Company, will execute and deliver to each other counterparts of a voting agreement in the form mutually agreed upon by the parties (the “ Director Voting Agreement ” and together with the Trustee Voting Agreement, the “ Company Voting Agreement ”);

WHEREAS, concurrently with the execution of this Agreement, Parent and the Trustees will execute and deliver to each other counterparts of an investor agreement in the form mutually agreed upon by the parties (the “ Investor Agreement ”), which will become effective as of the Closing; and

WHEREAS, the parties hereto desire to make certain representations, warranties and agreements in connection with the Mergers and also to prescribe certain conditions to the Mergers.

NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and agreements contained herein, and intending to be legally bound hereby, the parties hereto agree as follows:

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TABLE OF CONTENTS

## ARTICLE I

### THE MERGERS
1.1 The Merger . Subject to the terms and conditions of this Agreement, in accordance with the Minnesota Business Corporation Act (the “ MBCA ”) and the Indiana Business Corporation Law (the “ IBCL ”), at the Effective Time, Merger Sub shall merge with and into the Company (the “ Merger ”). The Company shall be the surviving corporation in the Merger (hereinafter referred to in such capacity as