Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 408

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 408
---
ger . 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 Common Stock, but excluding the Excluded Shares (each as defined below), shall be converted into the right to receive Merger Consideration (as defined below).

(e) Parent Bank Stock . At the Effective Time, by virtue of the Merger, and without any action on the part of Parent, Parent Bank, Company or the holder of any securities of Parent, Parent Bank or Company, each share of common stock, no par value per share, of Parent Bank issued and outstanding immediately prior to the Effective Time shall be converted into one share of common stock, par value $50 per share, of the Surviving Entity.

(f) Articles of Incorporation of the Surviving Entity . At the Effective Time, the articles of incorporation of Company (the “ Company Articles ”), as in effect immediately prior to the Effective Time, shall continue to be the articles of incorporation of the Surviving Entity until thereafter amended in accordance with applicable law.

(g) Bylaws of the Surviving Entity . At the Effective Time, the bylaws of Company (the “ Company Bylaws ”), as in effect immediately prior to the Effective Time, shall continue to be the bylaws of the Surviving Entity until thereafter amended in accordance with applicable law.

(h) Directors and Officers of the Surviving Entity. The directors and officers of Company as of immediately prior to the Effective Time shall, at and after the Effective Time, be the directors and officers, respectively, of the Surviving Entity, such individuals to serve in such capacities until such time as their successors shall have been duly elected or appointed and qualified or until their earlier death, resignation, or removal from office .

(i) Name of the Surviving Entity . The legal name of the Surviving Entity shall be Company’s name.

(j) Home Offices . The home office and branch offices of Company existing