Company: ONBPP
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001104659-25-007256
Chunk: 28

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-29
Form: S-4/A
Chunk 28
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 in a timely manner, Old National and Bremer cannot be certain when or if they will be obtained, or that the granting of these regulatory approvals will not involve the imposition of conditions on the completion of the mergers or the bank merger. For more information, see “The Mergers — Regulatory Approvals Required for the Mergers.”

#### Conditions to Complete the Mergers (page 72)
Each party’s obligation to complete the mergers is subject to the satisfaction or waiver of certain conditions, including: (i) the approval of the merger agreement by the requisite vote of the Bremer shareholders; (ii) the receipt of all required regulatory approvals and expiration or termination of all statutory waiting periods in respect thereof, and no such regulatory approval shall have resulted in the imposition of a “materially burdensome regulatory condition”, as defined in the merger agreement; (iii) authorization for listing on the NASDAQ Stock Exchange of the shares of Old National common stock to be issued in the mergers; (iv) effectiveness of the registration statement on Form S-4 with respect to the shares of the Old National common stock to be issued in the mergers; (v) the absence of any order, injunction, decree or other legal restraint preventing the completion of the mergers or the transactions contemplated by the merger agreement or making the completion of the mergers or the transactions contemplated by the merger agreement illegal; (vi) the accuracy of the representations and warranties of the other party, subject to specified materiality standards; (vii) performance in all material respects by the other party of its obligations under the merger agreement; and (viii) receipt by each of Old National and Bremer of an opinion of their respective tax counsel that, on the basis of facts, representations and assumptions set forth or referred to in such opinion, the mergers, taken together, will qualify as a “reorganization” under Section 368(a) of the Code. In addition, Old National’s obligation to consummate the mergers is subject to Bremer’s adjusted tangible shareholder’s equity exceeding a specified minimum value as of the month-end at least five business days before the date on which the last of the other closing conditions is satisfied.

Neither Old National nor Bremer can be certain when, or if, the conditions to the mergers will be satisfied or waived, or that the mergers will be completed. For more information, see “The Merger Agreement — Conditions to Complete the Mergers.”

#### Termination of the Merger Agreement (page