Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 102

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 102
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 agreement.

The merger agreement contains representations and warranties made by each of Old Second and Bancorp Financial relating to a number of matters. With respect to Bancorp Financial, these representations and warranties include the following:

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corporate matters, including due organization and qualification and subsidiaries;

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capitalization;

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authority relative to execution and delivery of the merger agreement and the absence of conflicts with, or violations of, organizational documents or other obligations as a result of the merger;

•

required governmental and other regulatory filings and consents and approvals in connection with the merger;

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reports filed with regulatory authorities;

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financial statements and matters, internal controls, and books and records;

•

absence of undisclosed liabilities;

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broker’s fees payable in connection with the merger and opinion of its financial advisor;

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absence of certain changes or events;

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legal and regulatory proceedings;

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tax matters;

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employee and employee benefit plan matters;

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labor relations;

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compliance with applicable laws;

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certain material contracts;

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environmental matters;

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investment securities, and interest rate risk management instruments;

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real property and title to assets;

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intellectual property;

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related party transactions;

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inapplicability of takeover statutes;

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absence of action or circumstance that would prevent the merger from qualifying as a “reorganization” under Section 368(a) of the Code;

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the accuracy of information supplied for inclusion in this proxy statement/prospectus and other similar documents;

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loan matters;

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deposits;

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allowance for credit losses;

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insurance matters;

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no investment advisory, insurance or broker-dealer activities; and

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indemnification matters.

Old Second’s representations and warranties in the merger agreement include the following:

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corporate matters, including due organization and qualification and subsidiaries;

•

capitalization;

•

authority relative to execution and delivery of the merger agreement and the absence of conflicts with, or violations of, organizational documents or other obligations as a result of the merger;

•

required governmental and other regulatory filings and consents and approvals in connection with the merger;

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TABLE OF CONTENTS

•

reports filed with regulatory authorities;

•

financial statements and matters, internal controls, and books and records;

•

broker’s fees payable in connection with the merger;

•

absence of certain changes or events;

•

legal and regulatory proceedings;

•

SEC reports;

•

compliance with applicable laws;

•

allowance for credit losses;

•

environment