Company: ONBPP
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001104659-25-007256
Chunk: 246

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-29
Form: S-4/A
Chunk 246
---
 owned Subsidiary of the Company, will merge (the “ Bank Merger ”) with and into Old National Bank, a national banking association and a wholly owned Subsidiary of Parent (“ Parent Bank ”). Parent Bank shall be the surviving entity in the Bank Merger and, following the Bank Merger, the separate corporate existence of Company Bank shall cease. The parties hereto agree that the Bank Merger shall become effective immediately after the Second Step Merger or at such later time as Parent may determine. The Bank Merger shall be implemented pursuant to an agreement and plan of merger in substantially the form set forth in Exhibit A (the “ Bank Merger Agreement ”). The Company and Parent shall cause Company Bank and Parent Bank to execute such certificates of merger and articles of merger and such other agreements, documents and certificates as are necessary to make the Bank Merger effective (“ Bank Merger Certificates ”) immediately following the Second Step Merger or at such later time as Parent may determine.

1.14 Closing Deliverable . At the Closing, the Company shall deliver to Parent an affidavit and notice addressed to the IRS, executed by the Company under penalties of perjury, stating that the Company is not and has not been during the relevant period specified in Section 897(c)(1)(A)(ii) of the Code, a “United States real property holding corporation” within the meaning of Section 897(c)(2) of the Code, dated as of the Closing Date and in the form and substance as required under Treasury Regulations Section 1.1445-2(c) and 1.897-2(h).

1.15 Tax Consequences . It is intended that the Mergers, taken together, shall qualify as a “reorganization” within the meaning of Section 368(a) of the Code, and this Agreement is intended to be and is adopted as a plan of reorganization for the purposes of Sections 354 and 361 of the Code.

## ARTICLE II

### EXCHANGE OF SHARES
2.1 Parent to Make Merger Consideration Available . At or prior to the Effective Time, Parent shall deposit, or shall cause to be deposited, with an exchange agent designated by Parent and reasonably acceptable to the Company (the “ Exchange Agent ”), for the benefit of the holders of Certificates, for exchange in accordance with this Article II , (i) certificates or, at Parent’s option, evidence of shares in book entry form (collectively, referred to herein as “ New Certificates ”), representing