Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 133

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 133
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 Veritex), it being understood that Veritex will be entitled to pursue damages for such losses and to enforce the right to recover such losses on behalf of its shareholders and the holders of Veritex equity awards in its sole and absolute discretion, and any amounts received by Veritex in connection therewith may be retained by Veritex). Termination Fee Veritex will pay Huntington a termination fee equal to $56 million by wire transfer of same-day funds (the “termination fee”) if the merger agreement is terminated in the following circumstances:

| • | In the event that the merger agreement is terminated by Huntington pursuant to the last bullet set forth under “—Termination of the Merger Agreement” above. In such case, the termination fee must be paid to Huntington as promptly as reasonably practicable after the date of termination (and in any event, within three (3) business days of the date of termination). |

| • | In the event that, after the date of the merger agreement and prior to the termination of the merger agreement, a bona fide Veritex acquisition proposal has been communicated to or otherwise made known to the Veritex board of directors or Veritex’s senior management or has been made directly to Veritex ’s shareholders generally, or any person has publicly announced (and not withdrawn at least two (2) business days prior to the Veritex special meeting) a Veritex acquisition proposal with respect to Veritex, and (A) thereafter the merger agreement is terminated by either Huntington or Veritex pursuant to the third bullet set forth under “—Termination of the Merger Agreement” above without the requisite Veritex vote having been obtained or (B) thereafter the merger agreement is terminated by Huntington pursuant to the fourth bullet set forth under “—Termination of the Merger Agreement” above, and (C) prior to the date that is twelve (12) months after the date of such termination, Veritex enters into a definitive agreement or consummates a transaction with respect to a Veritex acquisition proposal (whether or not the same Veritex acquisition proposal as that referred to above), provided that for purposes of the foregoing, all references in the definition of Veritex acquisition proposal to “twenty-five percent (25%)” will instead refer to “fifty percent (50%).” In such case, the termination fee must be paid to Huntington on the earlier of the date Veritex enters into such definitive agreement and the date of consummation of