Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 279

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 279
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, encumber or otherwise dispose of any of its material properties or assets (other than intellectual property addressed in the bullet below) to any individual, corporation or other entity other than a wholly owned subsidiary, or cancel, release or assign any indebtedness to any such person or any claims held by any such person, in each case other than sales and dispositions of immaterial properties or assets in the ordinary course of business or pursuant to contracts or agreements in force as of the date of the merger agreement; |

| • | sell, assign, license, transfer or otherwise dispose of, cancel, abandon or allow to lapse or expire any intellectual property owned by HomeStreet or any of its respective subsidiaries, except for (i) non-exclusive licenses granted in the ordinary course of business or (ii) cancellations, abandonments, lapses or expirations of intellectual property at the end of such intellectual property’s statutory term in the ordinary course; |

| • | except for foreclosure or acquisitions of control in a fiduciary or similar capacity or in satisfaction of debts previously contracted in good faith in the ordinary course of business, make any material investment in or acquisition of (whether by purchase of stock or securities, contributions to capital, property transfers, merger or consolidation, or formation of a joint venture or otherwise) any other person or the property or assets of any other person, in each case other than a wholly owned subsidiary of HomeStreet; |

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| • | except for transactions in the ordinary course of business, (i) terminate, materially amend, or waive any material provision of any material contract or make any change in any instrument or agreement governing the terms of any of its securities, other than normal renewals of contracts without material adverse changes of terms with respect to HomeStreet or (ii) enter into any contract that would constitute a material contract if it were in effect on the date of the merger agreement; |

| • | except as required under applicable law or the terms of any HomeStreet benefit plan existing as of the date of the merger agreement, as applicable, (i) enter into, establish, adopt, materially amend or terminate any HomeStreet benefit plan, or any arrangement that would be a HomeStreet benefit plan if in effect on the date of the merger agreement, other than ordinary course amendments that would not reasonably be expected to increase the cost of benefits under any HomeStreet benefit plan, (ii) increase the compensation or benefits payable to any current or former employee, officer, director or individual consultant or pay any amounts