Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 91

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 91
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 or recommendations promulgated by any international, federal, state or local governmental authority, including the Centers for Disease Control and Prevention and the World Health
Organization, in each case, in connection with or in response to the Pandemic.

The conditions to completion of the Merger are subject to
waiver by the party benefiting from such condition. The conditions may also be altered by the written agreement of both parties. See “THE MERGER AGREEMENT – Termination; Waiver; Amendment,” “THE MERGER – Regulatory
Approvals,” “THE MERGER – Interests of Certain Persons in the Merger,” “MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES,” and .

66

Termination; Waiver; Amendment First Merchants and First Savings may terminate the Merger Agreement at any time before the Merger is completed, including after the First Savings shareholders have approved the Merger, if one of the events which gives the party the right to terminate occurs. The Merger Agreement may be terminated:

| 1. | by mutual consent of First Merchants and First Savings; |

| 2. | by either First Merchants or First Savings if there has been a breach by the other of any of the covenants or                                                                                                                        
 any of the representations or warranties set forth in the Merger Agreement, which, if uncured, would result in the failure of any condition set forth under “Conditions to Completion of the Merger – Conditions Applicable to First 
 Savings” above (if termination is by First Savings) or under “Conditions to Completion of the Merger – Conditions Applicable to First Merchants” above (if termination is by First Merchants) to be satisfied, and which cannot      
 be or is not cured within 30 days following written notice given by the non-breaching party to the party committing the breach;                                                                                                      |

| 3. | by either First Merchants or First Savings if any event, fact, or circumstance has occurred with respect to the 
 other party that has had or could be reasonably expected to have a Material Adverse Effect on such party;       |

| 4. | by either First Merchants or First Savings if any governmental or regulatory approval required to permit the                              
 consummation of the transactions contemplated in the Merger Agreement shall have been denied and such denial is final and non-appealable; |

| 5. | by either First Merchants or First Savings if any application, filing, or notice for an approval, a consent