Company: FRME
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001193125-25-268801
Chunk: 98

Company: FIRST MERCHANTS CORP
Filing Date: 2025-11-06
Form: 424B3
Chunk 98
---
 by the non-breaching party to the party committing the breach;                                                                                                      |

| 3. | by either First Merchants or First Savings if any event, fact, or circumstance has occurred with respect to the 
 other party that has had or could be reasonably expected to have a Material Adverse Effect on such party;       |

| 4. | by either First Merchants or First Savings if any governmental or regulatory approval required to permit the                              
 consummation of the transactions contemplated in the Merger Agreement shall have been denied and such denial is final and non-appealable; |

| 5. | by either First Merchants or First Savings if any application, filing, or notice for an approval, a consent, or                          
 a waiver of a governmental entity has been permanently withdrawn at the request or recommendation of the applicable governmental entity; |

| 6. | by either First Merchants or First Savings if any court or governmental or regulatory authority shall have                                    
 issued a final non-appealable order enjoining or otherwise prohibiting consummation of the transactions contemplated in the Merger Agreement; |

| 7. | by either First Merchants or First Savings in the event of the failure of First Savings’ shareholders to                                                                                                                                                
 approve the Merger Agreement at the special meeting; provided, however, that First Savings may only terminate the Merger Agreement pursuant to this clause if it has complied in all material respects with its obligations to convene a meeting of its 
 shareholders and use its reasonable best efforts to obtain the requisite vote to consummate the Merger;                                                                                                                                                 |

| 9. | by First Savings if its Board of Directors determines in the exercise of its fiduciary duties that it must       
 terminate the Merger Agreement after receipt of an unsolicited superior acquisition proposal from a third party; |

| 10. | by First Merchants if First Savings’ Board of Directors withdraws or modifies its recommendation to First         
 Savings shareholders to vote for the Merger following receipt of a proposal of an acquisition from a third party; |

| 11. | by First Merchants if First Savings fails to give First Merchants timely notice of any inquiry by a third party 
 with respect to an acquisition of First Savings or First Savings Bank;                                          |

| 12. | by First Merchants if First Savings gives First Merchants notice that it intends to furnish information to or                                                                                 
 enter into discussions or negotiations with a third party relating to a proposed acquisition of First Savings or First Savings Bank and those negotiations are not terminated within