Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 327

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 327
---
 respect to employee benefit plans, whether the basis of such proceeding is an alleged action in an official capacity as a director, trustee, officer, employee, or agent or in any other capacity while serving as director, trustee, officer, employee, or agent. This right to indemnification also includes the right to have the combined company pay the expenses incurred in defending any such proceeding in advance of its final disposition (provided the indemnitee provides an undertaking to repay all amounts advanced if it is ultimately determined that the indemnitee is not entitled to be indemnified). 
 The amended and restated bylaws provide that HomeStreet may maintain                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

209

TABLE OF CONTENTS

|                                 |     | Mechanics                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     | Combined Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                 |     | threatened to be made a party, or is otherwise involved in any action, suit, or proceeding, by reason of the fact such person is an director or officer of Mechanics, other than an action by or in the right of Mechanics to procure a judgment in its favor. The Mechanics bylaws provide that Mechanics may indemnify each of its directors and executive officers who was or is made a party a party, or is threatened to be made a party, or is otherwise involved in any action, suit, or proceeding, in any action by or in the right of Mechanics to procure a judgment in its favor, subject to applicable law. The Mechanics bylaws provide that Mechanics may indemnify its other officers, employees and agents arising by reason of the fact that such person is or was an officer, employee or agent of Mechanics. 
 The Mechanics bylaws provide that Mechanics may maintain insurance at its own expense for any person who is or was a director, officer, employee or agent against any liability whether or not Mechanics has the power to indemnify such persons for liability.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |     | insurance at its own expense to protect itself and any indemnitee against any expense, liability, or loss against which the combined company has the power to indemnify.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Appraisal or Dissenters’ Rights |     | Under the CGCL, shareholders of a California corporation are generally entitled to dissent from a merger or consolidation and obtain payment of the fair value of their shares when a merger or consolidation occurs, if such shareholders are entitled to vote thereon and certain procedural and statutory requirements are satisfied by the shareholders. However, the CG