Company: GDOT
Filing Date: 2025-11-26
Form Type: 425
Source: 0001140361-25-043547
Chunk: 25

Company: GREEN DOT CORP
Filing Date: 2025-11-26
Form: 425
Chunk 25
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ation of the Green Dot Merger, the Green Dot Employee Stock Purchase Plan (the “ Green Dot ESPP”) shall terminate effective as of immediately prior to the First Effective Time. As soon as reasonably practicable after the date of this Agreement, Green Dot shall adopt resolutions and take all actions necessary to (i) provide that no new offering period under the Green Dot ESPP shall commence on or after the date of this Agreement, (ii) set a new exercise date under the Green Dot ESPP for the offering period under the Green Dot ESPP that is in effect as of the date of this Agreement, which date shall be no later than five (5) Business Days prior to the Closing Date (the “ Final Exercise Date”), and (iii) provide that each participant’s outstanding right to purchase shares of Green Dot Common Stock under the Green Dot ESPP as of the Final Exercise Date shall automatically be exercised in accordance with the terms of the Green Dot ESPP based on each participant’s accumulated payroll deductions under the Green Dot ESPP as of the Final Exercise Date. All shares of Green Dot Common Stock purchased on the Final Exercise Date shall be cancelled at the First Effective Time and converted into the right to receive the Green Dot Merger Consideration in accordance with Section 1.7(a). Copies of resolutions relating to any of the foregoing in this Section 1.11(f)shall be provided to CommerceOne prior to the Closing and shall be subject to CommerceOne’s reasonable review and comment. (i )New CommerceOne shall take all corporate actions that are necessary for the assumption of the applicable Green Dot RSU Awards pursuant to Section 1.11(b), including the reservation, issuance and listing of CommerceOne Common Stock as necessary to effect the transactions contemplated by this Section 1.11. As soon as practicable following the First Effective Time, New CommerceOne shall file with the SEC a post-effective amendment to the Form S-4 or a registration statement on Form S-8 (or any successor form) with respect to the shares of New CommerceOne Common Stock underlying such Unvested Green Dot RSU Awards, and shall use reasonable best efforts to maintain the effectiveness of such registration statement for so long as such assumed Unvested Green Dot RSU Awards remain outstanding. -8- 1.12 Treatment of CommerceOne Restricted Stock; CommerceOne Options. (a )At the First Effective Time, any vesting conditions applicable to each outstanding restricted stock award (each an “ CommerceOne Restricted Stock”) under the CommerceOne Second Amended