Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 277

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 277
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 and will cause its subsidiaries to, (i) conduct its business in the ordinary course in all material respects and (ii) use reasonable best efforts to maintain and preserve intact its business organization and advantageous business relationships. Notwithstanding the foregoing, HomeStreet and its subsidiaries may take any commercially reasonable actions that HomeStreet reasonably

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determines are necessary or prudent for it to take or not take in response to a pandemic or any related pandemic measures, subject to HomeStreet providing prior notice to and consulting in good faith with Mechanics to the extent such actions would otherwise require Mechanics’ consent. Additionally, prior to the closing (or earlier termination of the merger agreement), except as expressly contemplated or permitted by the merger agreement (including as set forth in the confidential disclosure schedules to the merger agreement delivered by the HomeStreet Parties) or as required by law, HomeStreet will not, and will cause its subsidiaries not to, without the prior written consent of Mechanics (such consent not to be unreasonably withheld, conditioned or delayed), take any of the following actions:

| • | incur any indebtedness for borrowed money (other than indebtedness of HomeStreet or any of its wholly owned subsidiaries to HomeStreet or any of its wholly owned subsidiaries), or assume, guarantee, endorse or otherwise as an accommodation become responsible for the obligations of any other individual, corporation or other entity, except, in each case (i) federal funds borrowings, borrowings from the Federal Reserve Bank discount window and FHLB borrowings, with a maturity not in excess of nine (9) months, (ii) the creation of non-brokered deposit liabilities with a maturity not in excess of thirteen (13) months, (iii) the creation of brokered deposit liabilities with a maturity not in excess of six (6) months, (iv) issuances of letters of credit, (v) purchases of federal funds, (vi) sales of certificates of deposit and (vii) entry into repurchase agreements, in each case in the ordinary course of business; |

| • | adjust, split, combine or reclassify any capital stock; |

| • | make, declare, pay or set a record date for any dividend, or any other distribution on, or directly or indirectly redeem, purchase or otherwise acquire, any shares of its capital stock or other equity or voting securities or any securities or obligations convertible or exchangeable into or exercisable for any shares of its capital stock or other equity or voting securities, except, in each case, (