Company: NWBI
Filing Date: 2025-01-27
Form Type: S-4
Source: 0001193125-25-012768
Chunk: 135

Company: Northwest Bancshares, Inc.
Filing Date: 2025-01-27
Form: S-4
Chunk 135
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 at or before the Effective Time, (ii) fail to timely pay any Tax due (whether or not required to be shown on any such Tax Returns), or
(iii) make, change or revoke any Tax election or Tax accounting method, file any amended Tax Return, settle any Tax claim

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or assessment or consent to the extension or waiver of any statute of limitations with respect to Taxes (or offer or agree to do any of the foregoing or surrender its rights to do any of the
foregoing or to claim any refund of Taxes or file any amended Tax Return).

(u) Offices and Facilities. (i) Open, close
or relocate any branch office, ATMs, loan production office or other significant office or operations facility of PWOD or its Subsidiaries at which business is conducted, or (ii) fail to use commercially reasonable efforts to maintain and keep
their respective properties and facilities in their present condition and working order, ordinary wear and tear excepted.

(v)
Interest Rates. Increase or decrease the rate of interest paid on time deposits or certificates of deposit, except in a manner consistent with past practices.

(w) Foreclosures. With respect to Loans in excess of $300,000, PWOD shall not foreclose upon or otherwise cause PWOD or any of
its Subsidiaries to take title to or possession or control of any real property or entity thereon without first obtaining a Phase I thereon which indicates that the property is free of Hazardous Material; , , that no
such report shall be required to be obtained with respect to single-family residential real property of five acres or less to be foreclosed upon unless PWOD has reason to believe that such real property may contain any such Hazardous Material.

(x) Deposit Liabilities. Cause or permit any material change in the amount or general composition of deposit liabilities.

(y) Reorganization 368(a). Not take, or fail to take, any action that would reasonably be expected to prevent or impede the
Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code.

(z)
Commitments. Agree to take, make any commitment to take, or adopt any resolutions of PWOD Board in support of, any of the actions prohibited by this .

4.02. Forbearances of NWBI. From the date hereof until the Effective Time or earlier termination of this Agreement,
except as expressly contemplated or permitted by this Agreement (including as set forth in of the NWBI