Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 479

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 479
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uance and any Parent Proposals shall be submitted to the shareholders of Parent, and nothing contained herein shall be deemed to relieve Parent of such obligation.

<div align='center'>A-42</div>

#### TABLE OF CONTENTS
(d) As used in this Agreement, “ Intervening Event ” means any material facts, events and/or circumstances that (i) have developed since the date of this Agreement, (ii) were previously unknown by the Board of Directors of Parent and were not reasonably foreseeable as of the date of this Agreement by the Board of Directors of the Parent (or if known, the consequences of which were not known or reasonably foreseeable to the Board of Directors as of the date of this Agreement), and (iii) do not (x) relate to any Acquisition Proposal or consequence thereof or (y) directly relate to the Requisite Parent Vote, Requisite Company Vote or Requisite Regulatory Approvals; provided , that, for the avoidance of doubt, none of the following shall constitute an Intervening Event or be considered or taken into account in determining whether an Intervening Event has occurred: (1) changes in the trading price or trading volume of the Parent Common Stock (it being understood that the underlying cause of such change may be taken into account to the extent not otherwise excluded by this definition) or (2) the fact alone that Parent meets or exceeds any internal or published forecasts or projections for any period (it being understood that the underlying cause of such over-performance by Parent may be taken into account to the extent not otherwise excluded by this definition).

(e) As used in this Agreement, “ Superior Proposal ” means a bona fide written Acquisition Proposal that the Board of Directors of Parent determines, in good faith, after taking into account (x) all legal, financial, regulatory and other aspects of such proposal and the person making the proposal and (y) any revisions to this Agreement made or offered in writing by Company prior to the time of such determination, and after consulting with its financial advisor and outside legal counsel, is (i) more favorable from a financial point of view to Parent’s shareholders than the transactions contemplated by this Agreement, and (ii) reasonably likely to be timely consummated on the terms set forth therein; provided that for purposes of this definition of Superior Proposal, references to “twenty-five percent (25%)” in the definition of Acquisition Proposal shall be deemed to be references to “fifty percent (50%).”

(f) Following such time as the S-4