Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 406

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 406
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 the mutual covenants, representations, warranties and agreements contained in this Agreement, and intending to be legally bound by this Agreement, the Parties agree as follows:

## Article I

### THE MERGER
1.1

#### The Merger
.

(a) General . Subject to the terms and conditions of this Agreement, at the Effective Time (as defined below), Parent Bank shall be merged with and into Company in accordance with, and with the effects provided in, this Agreement and applicable provisions of the WCBA, the WBCA, the CGCL and the CFC. At the Effective Time, the separate corporate existence of Parent Bank shall cease, and Company shall continue, as the surviving corporation of the Merger, as a banking corporation incorporated under the laws of the State of California .

(b) Effective Time . On or, if agreed by Company and Parent, prior to the Closing Date, Company and Parent Bank shall duly execute and deliver, or cause to be delivered, to the Secretary of State of the State of California (the “ California Secretary ”), the California Department of Financial Protection & Innovation, Division of Corporations and Financial Institutions (the “ CDFI ”), the Secretary of State of the State of Washington (the “ Washington Secretary ”) and the Washington Department of Financial Institutions, Division of Banks (“ WDFI ”), such certificates or articles of merger and such other documents and certificates as are necessary to make the Merger effective pursuant to the WCBA, the WBCA, the CGCL and the CFC. The Merger shall become effective when this Agreement shall have been filed with and accepted by the CDFI in accordance with Section 4887(b) of the CFC (such time hereinafter referred to as the “ Effective Time ”).

(c) Effects of the Merger . At and after the Effective Time, the Merger shall have the effects set forth in the applicable provisions of this Agreement, the WCBA, the WBCA, the CGCL and the CFC. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all property, rights, interests, privileges, powers and franchises of Parent Bank shall vest in the Surviving Entity, and all debts, liabilities, obligations, restrictions, disabilities and duties of Parent Bank shall become and be debts, liabilities, obligations, restrictions, disabilities, and duties of the Surviving Entity.

(d) Company Stock . Pursuant to Section 1.3 , at the Effective Time, each share of Company