Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 133

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 133
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) or investors in such partnerships or pass-through entities;

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mutual funds;

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S corporations or investors in such S corporations;

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insurance companies;

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tax-exempt organizations or governmental organizations;

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dealers or brokers in securities or currencies;

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traders in securities that elect to use a mark-to-market method of accounting;

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persons that immediately before the mergers directly, indirectly or constructively owned at least 5% of all Bremer common stock (by vote or value);

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regulated investment companies;

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real estate investment trusts;

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tax-qualified retirement plans;

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persons that hold Bremer common stock as part of a straddle, hedge, constructive sale or conversion transaction;

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persons subject to special tax accounting rules as a result of any item of gross income with respect to the stock being taken into account in an applicable financial statement;

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holders who exercise dissenters’ rights;

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individuals who are U.S. expatriates and former citizens or long-term residents of the United States;

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holders who acquired their shares of Bremer common stock through the exercise of an employee stock option, in connection with a performance-based or other restricted stock unit or otherwise as compensation, or who receive shares of Old National common stock that are subject to vesting;

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holders who hold their shares as “qualified small business stock” for the purposes of Section 1045 or Section 1202 of the Code; and

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persons that have a functional currency other than the U.S. dollar.

If a partnership or pass-through entity (or other entity or arrangement classified as a partnership or pass-through entity for U.S. federal income tax purposes) holds Bremer common stock, the tax treatment of a partner in such partnership generally will depend upon the status of the partner, the activities of the partnership and certain determinations made at the partner level. Partnerships for U.S. federal income tax purposes and partners in such a partnership should consult their tax advisors about the tax consequences of the mergers to them.

For purposes of this discussion, the term “U.S. holder” means a beneficial owner of Bremer common stock that is, or is treated for U.S. federal income tax purposes as, any of the following:

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an individual who is a citizen or resident of the United States;

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a corporation (or any other entity treated as a corporation) created or organized in or under the laws of the United States or of any state or the District of Columbia;

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