Company: OSBC
Filing Date: 2025-04-23
Form Type: S-4
Source: 0001104659-25-037832
Chunk: 145

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-23
Form: S-4
Chunk 145
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 a majority of the directors then in office, though less than a quorum, or by a sole remaining director, and the directors so chosen will hold office until the next election of the class for which such directors have been chosen, and until their successors are elected and qualified. | ​ |
| Stockholder Action by Written Consent | ​ | ​ | The Bancorp Financial bylaws provide that any action required or permitted to be taken by stockholders at any annual or special meeting of stockholders may be taken without a meeting, without prior notice and without vote, if a consent in writing, setting forth the action so taken, is signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such | ​ | ​ | The Old Second charter provides that any action required or permitted to be taken by stockholders may be taken only at an annual or special meeting and prohibits stockholder action by written consent in lieu of a meeting.                                                                                                                                                                                                                                    | ​ |

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TABLE OF CONTENTS

| ​                                                 | ​ | ​ | BANCORP FINANCIAL                                                                                                                                                                                                                                                                                                                                                                       | ​ | ​ | OLD SECOND                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | ​ |
| ​                                                 | ​ | ​ | action at a meeting at which all shares entitled to vote thereon were present and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent shall be given to those stockholders who have not consented in writing.                                                                                                           | ​ | ​ | ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |
| Nomination of Director Candidates by Stockholders | ​ | ​ | The Bancorp Financial charter and bylaws do not provide for a process by which a stockholder may nominate a director candidate for election.                                                                                                                                                                                                                                            | ​ | ​ | Under the Old Second charter, a stockholder may nominate a candidate for election at a stockholder meeting by giving written notice, delivered to or mailed, to the Corporate Secretary, not fewer than 14 days nor more than 60 days before any meeting of the stockholders called for the election of directors. If notice of the meeting is given to stockholders less than 21 days before the date of the meeting, such written nomination must be delivered or mailed, as prescribed, to the Corporate Secretary, not later than the close of business on the seventh day following the day on which notice of the meeting was mailed. Each written nomination must set forth (a) the name, age,