Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 446

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 446
---
 material respects, with the requirements of Section 409A of the Code and IRS regulations and guidance thereunder.

(e) None of Parent and its Subsidiaries nor any Parent ERISA Affiliate has, at any time during the last six (6) years, contributed to or been obligated to contribute to a plan that is subject to Section 412 of the Code or Section 302 or Title IV of ERISA or a Multiemployer Plan, and no circumstances exist that could reasonably be expected to result in a liability under Title IV of ERISA for the Parent or any of its Subsidiaries. For purposes of this Agreement, “ Parent ERISA Affiliate ” means all employers (whether or not incorporated) that would be treated together with Parent or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

(f) Except as would not reasonably be expected to have a Material Adverse Effect on the Parent Parties, no Parent Benefit Plan provides for any post-employment or post-retirement health or medical or life insurance benefits for retired, former or current employees or beneficiaries or dependents thereof, except as required by Section 4980B of the Code.

(g) Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated by this Agreement will (either alone or in conjunction with any other event) result in the acceleration of vesting, exercisability, funding or delivery of, or materially increase the amount of compensation due to any current or former employee or other service provider of Parent or any of its Subsidiaries or result in (i) any limitation on the right of Parent or any of its Subsidiaries to amend, merge or terminate any Parent Benefit Plan or related trust on or after the Effective Time or (ii) the payment of any amount that could constitute an “excess parachute payment” as defined in Section 280G(b)(1) of the Code. Neither Parent nor any Subsidiary has any obligation to provide, and

<div align='center'>A-29</div>

#### TABLE OF CONTENTS
no Parent Benefit Plan or other agreement provides any individual with the right to, a gross-up, indemnification, reimbursement or other payment for any excise or additional taxes, interest or penalties incurred pursuant to Section 409A or Section 4999 of the Code or due to the failure of any payment to be deductible under of Section 280G of the Code.

(h)