Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 260

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 260
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 fact that such person is or was a director, officer or employee of Mechanics or its subsidiaries and pertaining to matters, acts or omissions existing or occurring at or prior to the effective time, including the transactions contemplated by the merger agreement, in each case to the extent (subject to applicable law, the Mechanics charter and the Mechanics bylaws) such persons are indemnified or entitled to such advancement or expenses as of the date of the merger agreement by Mechanics pursuant to the Mechanics charter, bylaws, the governing or organizational documents of any Mechanics subsidiaries or specified indemnification agreements in existence as of the date of the merger agreement. The merger agreement permits Mechanics to obtain a six (6) year tail policy under Mechanics’ existing directors’ and officers’ liability insurance policy providing equivalent coverage (subject to certain limitations) and, if Mechanics does not do so, generally requires the combined company to maintain in effect for a period of six (6) years after the effective time the current policies of directors’ and officers’

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#### TABLE OF CONTENTS
liability insurance maintained by Mechanics with respect to claims arising from facts or events that occurred on or before the effective time or certain substitute policies (subject to certain limitations). For a more detailed description, see the section entitled “ The Merger Agreement—Covenants and Agreements—Director and Officer Indemnification and Insurance .”

#### Registration Rights Agreement
The Ford Entities are parties to the registration rights agreement, and certain officers or directors of Mechanics have interests in the Ford Entities. Messrs. Ford, Webb and Russell recused themselves from the approval of the registration rights agreement in connection with the approval of the merger agreement and the transactions contemplated by the merger agreement. For more information about the registration rights agreement, see the section entitled, “ Registration Rights Agreement .”

**Governance of the Combined Company After the Merger**

#### Articles Amendment
In connection with the merger and subject to the approval by HomeStreet shareholders of the HomeStreet articles amendment proposal, the HomeStreet articles will be amended to, among other things, (i) change the name of HomeStreet from “HomeStreet Inc.” to “Mechanics Bancorp”, (ii) increase the number of authorized shares of HomeStreet common stock from 160,000,000 to 1,900,000,000 and HomeStreet preferred stock from 10,000 to 120,000, and (iii) authorize the issuance of two (2) classes of HomeStreet common stock, 1,897,500,000 shares of which