Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 722

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 722
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ger Agreement, as executed on March 28, 2025, in respect of its Company Common Stock satisfies the obligations of the Ford Entities and the Company to provide Non-Voting Company Equity Interests (as defined in the Company Shareholders Agreement) to Shareholder in connection with the transactions contemplated by the Merger Agreement (including the Merger) under the Company Shareholders Agreement, including any obligations pursuant to Section 6.1(b)(ii) thereof.

8. Termination . Other than this Section 8 and Section 10 , which shall survive any termination of this Agreement, this Agreement shall terminate and shall have no further force or effect immediately as of and following the Expiration Time. Notwithstanding the foregoing, nothing herein shall relieve any Party hereto from liability for any willful and material breach of this Agreement that occurred prior to such termination.

9. No Ownership Interest . Nothing contained in this Agreement shall be deemed to vest in Parent (or the Company or any Ford Entity) any direct or indirect ownership or incidence of ownership of or with respect to the

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TABLE OF CONTENTS

Company Common Stock. All rights, ownership and economic benefits of and relating to the Company Common Stock shall remain vested in and belong to the Shareholder, and Parent shall not have the authority to direct the Shareholder in the voting or disposition of any Company Common Stock, except as otherwise expressly provided herein. 10. Miscellaneous. 10.1 Specific Performance. The Parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms of this Agreement and, accordingly, that the Parties shall be entitled to seek an injunction or injunctions to prevent breaches or threatened breaches of this Agreement or to enforce specifically the performance of the terms and provisions of this Agreement, in addition to any other remedy to which they are entitled at law or in equity. Each of the Parties hereby further waives (a) any defense in any action for specific performance that a remedy at law would be adequate and (b) any requirement under any law to post security or a bond as a prerequisite to obtaining equitable relief. 10.2 Assignment; Third-Party Beneficiaries. Except as otherwise provided herein, neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the Parties (whether by operation of law or otherwise) without the prior written consent of the other Parties; provided, that no such consent shall be required in connection with the Merger