Company: FRME
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001193125-25-268801
Chunk: 93

Company: FIRST MERCHANTS CORP
Filing Date: 2025-11-06
Form: 424B3
Chunk 93
---
. The representations and warranties in the Merger Agreement will not survive the effective date of the Merger or the termination of the Merger Agreement. After the effective date of the Merger or termination of the Merger Agreement, none of the parties to the Merger Agreement, their respective subsidiaries, or the respective officers and directors of any of them will have any liability for any of their representations and warranties made in the Merger Agreement unless the Merger Agreement is terminated as a result of a willful breach, in which case the non-breachingparty may recover appropriate damages from the breaching party. Conditions to Completion of the Merger Conditions Applicable to Both Parties First Merchants’ and First Savings’ obligations to complete the Merger are subject to the satisfaction of the following conditions, among other things, at or prior to the effective time of the Merger:

| 1. | the approval of the Merger Agreement at the special meeting by the holders of a majority of the issued and 
 outstanding shares of First Savings common stock;                                                          |

| 2. | the receipt of all regulatory approvals required for the Merger and the Bank Merger and the expiration of any 
 regulatory waiting periods prior to consummation of the Merger;                                               |

| 3. | the Registration Statement on Form S-4, of which this proxy statement                                                                                                                                                                                   
 and prospectus is a part, relating to the First Merchants shares to be issued pursuant to the Merger Agreement, must have become effective under the Securities Act, and no stop order suspending the effectiveness of the Registration Statement shall 
 have been issued or threatened by the SEC; and                                                                                                                                                                                                          |

| 4. | there must be no order, decree, or injunction of a court or agency of competent jurisdiction which enjoins or 
 prohibits the consummation of the Merger or the Bank Merger.                                                  |

64

Conditions Applicable to First Savings First Savings’ obligation to complete the Merger is subject to the satisfaction of the following additional conditions, at or prior to the effective time of the Merger:

| 1. | First Savings must have received a certificate signed by the Chief Executive Officer and Secretary of First                                                                                                                                           
 Merchants, dated the Effective Time, certifying that (a) all of the representations and warranties made by First Merchants in the Merger Agreement are true, accurate, and correct in all material respects on and as of the Effective Time, except   
 that representations and warranties that are qualified by materiality or a Material Adverse Effect (