Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 292

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 292
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 is terminated by (x) either the HomeStreet Parties or Mechanics because the requisite HomeStreet shareholder approval has not been obtained at the HomeStreet special meeting or at any adjournment or postponement thereof, (y) either the HomeStreet Parties or Mechanics because the merger has not been consummated by the termination date without the requisite HomeStreet shareholder approval having been obtained (and all other closing conditions were satisfied or were capable of being satisfied prior to such termination) or (z) Mechanics pursuant to the fourth item under the section entitled “—Termination of the Merger Agreement” above as a result of a willful breach; and |

| ○ | (ii) prior to the date that is 12 months after the date of such termination, HomeStreet enters into a definitive agreement or consummates a transaction with respect to an acquisition proposal (whether or not the same acquisition proposal as that referred to above) (provided that, for purposes determining whether a termination fee is payable pursuant to this bullet, all references in the definition of acquisition proposal to “25%” will instead refer to “50%”); or |

| • | in the event that the merger agreement is terminated by HomeStreet pursuant to the seventh item under the section entitled “—Termination of the Merger Agreement” above. |

Expenses and Fees Except as otherwise provided in the merger agreement, the confidential disclosure schedules to the merger agreement and as described in the immediately following sentence, all costs and expenses incurred in connection with the merger agreement and the transactions contemplated thereby will be paid by the party incurring such expense. The merger agreement provides that the costs and expenses of printing and mailing this proxy statement/prospectus/consent solicitation statement and all filing and other fees paid to the SEC or any other governmental entity in connection with the merger will be borne equally by HomeStreet and Mechanics. Amendment, Waiver and Extension of the Merger Agreement Subject to compliance with applicable law, the merger agreement may be amended by the parties at any time before or after the receipt of the requisite HomeStreet shareholder approval or the requisite Mechanics shareholder approval, except that after the receipt of the requisite HomeStreet shareholder approval or requisite Mechanics shareholder approval, there may not be, without further approval of HomeStreet shareholders or Mechanics shareholders, as applicable, any amendment to the merger agreement that requires such further approval under applicable law. At any time prior to the closing of the merger, each of the parties may, to the extent legally allowed, (i) extend the time for the performance of any of the