Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 409

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 409
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 immediately prior to the Effective Time shall continue to be the home office and branch offices, respectively, of the Surviving Entity. Immediately following the Effective Time, the Surviving Entity shall continue to operate the home office and branch offices of Parent Bank.

<div align='center'>A-10</div>

#### TABLE OF CONTENTS
1.2

#### Closing
. Subject to the terms and conditions of this Agreement, the closing of the transactions contemplated by this Agreement, including the Merger (the “ Closing ”), will take place by electronic exchange of documents at 12:01 a.m., New York City time, on the first business day of the month immediately following the month in which the last of the conditions in Article VII (other than those conditions that by their nature can only be satisfied at the Closing, but subject to the satisfaction or waiver thereof at the Closing) unless another date, time or place is agreed to in writing by Company and Parent. The date on which the Closing occurs is referred to in this Agreement as the “ Closing Date .”

1.3

#### Conversion of Company Common Stock
. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Company, Parent Bank or the holder of any securities of Parent, Parent Bank or Company:

(a) Subject to Section 2.2(c), each share of the common stock, par value $50 per share, of Company designated as Voting Common Stock (the “ Voting Company Common Stock ”) and each share of the common stock, par value $50 per share, of Company designated as Non-Voting Common Stock (the “ Non-Voting Company Common Stock ”) issued and outstanding immediately prior to the Effective Time (the Voting Company Common Stock and the Non-Voting Company Common Stock, collectively, the “ Company Common Stock ”), except for shares of Company Common Stock owned by Company or Parent (in each case other than shares of Company Common Stock (x) held in trust accounts, managed accounts, mutual funds and the like, or otherwise held in a fiduciary or agency capacity that are beneficially owned by third parties, or (y) held, directly or indirectly, by Company or Parent in respect of debts previously contracted) (the “ Excluded Shares ”), shall be converted into the right to receive: (A) in the case of Voting Company Common Stock, 3,301.0920 shares (the “ Exchange Ratio ”, and such shares collectively, the “ Voting Merger Consideration