Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 718

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 718
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 Person that, directly or indirectly through one or more intermediaries, Controls, is Controlled by, or is under common Control with such Person.

“ Beneficially Own ” shall mean, with respect to any securities, having “beneficial ownership” of such securities for purposes of Rule 13d-3 or 13d-5 under the Exchange Act (or any successor statute or regulation) (whether or not any such rule, statute or regulation is applicable to such securities). “ Beneficial Ownership ” shall have a correlative meaning.

“ Control ” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

“ Company Shareholders Agreement ” shall mean that certain Shareholders Agreement, dated as of August 31, 2019, by and among Company, the Shareholder and the Ford Entities.

“ Expiration Time ” shall mean, with respect to the Shareholder, the earliest to occur of (a) the Effective Time, (b) the termination of the Merger Agreement in accordance with its terms, (c) any amendment to the Merger Agreement without the prior written consent of the Shareholder if such amendment reduces the Exchange Ratio or the Non-Voting Exchange Ratio, or alters the form of Merger Consideration and (d) any change to the Articles Amendment that alters the terms of the Class B Common Stock (as defined in the Articles Amendment).

“ Ford Support Agreement ” shall mean that certain Voting and Support Agreement, by and among Parent and the Ford Entities, contemplated to be entered into pursuant to the Merger Agreement.

“ Person ” shall mean an individual, corporation (including not-for-profit), general or limited partnership, limited liability company, joint venture, estate, trust, association, organization, Governmental Entity or other entity of any kind or nature.

“ Transfer ” means, with respect to any Company Common Stock, the sale, grant, assignment, transfer, pledge, hypothecation, encumbrance (excluding any encumbrance created by this Agreement, the Company Articles, the Company Bylaws, the Company Shareholders Agreement or applicable securities laws), constructive sale, or other disposition of such security or the ownership thereof (including by operation of law), or the entry into of any contract, agreement or other obligation to effect any of the foregoing, including, for purposes of this Agreement, the transfer or sharing of any voting, investment or dispositive power of such security.