Company: OSBC
Filing Date: 2025-04-23
Form Type: S-4
Source: 0001104659-25-037832
Chunk: 108

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-23
Form: S-4
Chunk 108
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 to hold a meeting of its stockholders for the purpose of voting upon the adoption and approval of the merger agreement and other related matters promptly after the registration statement is declared effective by the SEC, and cause such meeting to occur as soon as reasonably practicable. Except to the extent that the Bancorp Financial board of directors has made a recommendation change, the Bancorp Financial board of directors is required in to use reasonable best efforts in accordance with applicable laws to obtain from its stockholders the vote required to adopt and approve the merger agreement, including by communicating to its stockholders its recommendation (and including such recommendation in this proxy statement/prospectus) that they adopt and approve the merger agreement and the transactions contemplated thereby.

Notwithstanding any Bancorp Financial change in recommendation, unless the merger agreement has been terminated in accordance with its terms, Bancorp Financial is required to convene a meeting of its stockholders and to submit the merger agreement to a vote of such stockholders.

#### Agreement Not to Solicit Other Offers
Bancorp Financial has agreed that it will not, and will cause each of its subsidiaries and will use its reasonable best efforts to cause its and their respective officers, directors, employees, agents, financial or other advisors, investment bankers, attorneys, accountants, affiliates and other representatives not to, directly or indirectly, (i) initiate, solicit, knowingly encourage or facilitate inquiries or proposals with respect to, (ii) engage or participate in any negotiations concerning, enter into any letter of intent, agreement in principle, memorandum of understanding, merger, acquisition, option, joint venture, partnership or other agreement or any other commitment or understanding providing for or otherwise contemplating, (iii) provide any confidential or nonpublic information or data to, or have or participate in any discussions with, any person relating to, any acquisition proposal (including with respect to any inquiries regarding, or the making of, any proposal the consummation of which would constitute an acquisition proposal), (iv) fail to enforce any confidentiality agreement or standstill agreement relating to an acquisition proposal, and (v) take any action to render the provision of any takeover statute to be inapplicable in connection with any acquisition proposal. For purposes of the merger agreement, an “acquisition proposal” means, any unsolicited bona fide offer, proposal, or inquiry relating to, or any third-party indication of interest in, any (A) merger, consolidation, share exchange, tender offer, business combination or similar transaction involving Bancorp Financial pursuant to which any third party acquires or would acquire