Company: GDOT
Filing Date: 2025-11-26
Form Type: 425
Source: 0001140361-25-043547
Chunk: 189

Company: GREEN DOT CORP
Filing Date: 2025-11-26
Form: 425
Chunk 189
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| Tail Policy                               |                6.12(c) |
| Tangible Personal Property                |             Schedule I |
| Taxable                                   | Definition of Tax, 1.1 |
| Termination Date                          |             10.1(b)(i) |
| Third Party Claim                         |                11.4(a) |
| Transaction Litigation                    |                   6.18 |
| Transfer Taxes                            |                    8.4 |
| Transferred Business Employee             |                    7.1 |
| Transferred Intellectual Property         |             Schedule I |
| Transferred Personnel Records             |             Schedule I |
| Transferred Tangible Personal Property    |             Schedule I |
| Transitional Marks                        |                   6.14 |

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| TSA Schedules             |                       6.15 |
| under common control with | Definition of control, 1.1 |
| Vesting PSU Award         |                  7.8(a)(i) |
| Vesting RSU Award         |                  7.8(b)(i) |

ARTICLE II THE SALE Section 2.1 Sale and Purchase of the Payment Business. Upon the terms and subject to the conditions set forth in this Agreement, (a) immediately following the Mergers, Parent will convert into a limited liability company pursuant to Section 266 of the Delaware General Corporation Law (the “ DGCL”) and Section 18-214 of the Delaware Limited Liability Company Act (the “ DLLCA”) (such conversion, the “ Conversion”) and, as a result of the Conversion, Parent will become a disregarded entity for U.S. federal income tax purposes, (b) immediately following the Conversion, Parent will distribute the stock of Parent Bank, a Utah-chartered bank and wholly owned Subsidiary of Parent (“ Parent Bank”), to Merger Sub Two Holdco(the “ Distribution”), (c) immediately following the Distribution and subject to Section 6.9, New CommerceOne shall transfer, convey, assign and deliver to Purchaser, or cause to be transferred, conveyed, assigned and delivered to Purchaser, and Purchaser shall purchase and acquire, all of New CommerceOne’s and its Subsidiaries’ right, title and interest in and to the Business Assets, free and clear of all Liens (other than Permitted Liens) (the “ Sale”) and (d) in connection with the Sale, Purchaser shall, or shall cause one or more of its Subsidiaries (including, following the Closing