Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 293

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 293
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 January 13, 2025, among Mechanics, HomeStreet and the other parties thereto, which confidentiality agreement must not provide such person with any exclusive right to negotiate with such party.

HomeStreet has agreed to (i) promptly (and in any event within twenty-four (24) hours) advise Mechanics following receipt of any acquisition proposal or any inquiry which could reasonably be expected to lead to an acquisition proposal, and the substance thereof (including the terms and conditions of and the identity of the person making such

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inquiry or acquisition proposal), provide Mechanics with an unredacted copy of any such acquisition proposal and any draft agreements, proposals or other materials received from or on behalf of the person making such inquiry or acquisition proposal, and keep Mechanics apprised of any related developments, discussions and negotiations on a current basis, including any amendments to or revisions of the material terms of such inquiry or acquisition proposal and (ii) use its reasonable best efforts to enforce any existing confidentiality or standstill agreements to which it or any of its subsidiaries is a party in accordance with the terms thereof. Conditions to Complete the Merger As more fully described in the merger agreement, the completion of the merger is subject to the satisfaction or waiver by the party entitled to the benefit of such condition (as permitted by applicable law) of a number of conditions. These conditions include:

| • | (i) the requisite Mechanics shareholder approval having been obtained, and (ii) the requisite HomeStreet shareholder approval having been obtained; |

| • | (i) all requisite regulatory approvals having been obtained and remaining in full force and effect, and all statutory waiting periods in respect thereof having expired or been terminated and (ii) in the case of obligations of Mechanics to effect the merger, such requisite regulatory approvals having not resulted in any material burdensome condition; |

| • | the registration statement of which this proxy statement/prospectus/consent solicitation statement is a part having become effective under the Securities Act and no stop order suspending the effectiveness of such registration statement having been issued, and no proceedings for such purpose having been initiated or threatened by the SEC and not withdrawn; |

| • | no order, injunction or decree issued by any court or other governmental entity of competent jurisdiction or other legal restraint or prohibition preventing the consummation of the merger or any of the other transactions contemplated by the merger agreement being in effect, and no law, statute, regulation, rule, order, injunction or decree having been enacted