Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 745

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 745
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 2019 (the “ Shareholders Agreement ”);

WHEREAS, concurrently with the execution of this Agreement, the Company, the Bank and HomeStreet Bank, a wholly owned subsidiary of the Company, have entered into the Agreement and Plan of Merger (the “ Merger Agreement ”), dated the date hereof, providing, among other things, for the merger of the Bank and HomeStreet Bank;

WHEREAS, in connection with the transactions contemplated by the Merger Agreement, the Board of Directors of the Company has (i) approved the amendment of the Company’s articles of incorporation in the form attached as Exhibit B to the Merger Agreement and as Exhibit C to this Agreement (the “ Articles Amendment ”), which, among other things, authorizes the Company to issue Class A Common Stock and Class B Common Stock, (ii) resolved to submit such amendment to the shareholders of the Company for approval and (iii) approved the issuance of shares of Common Stock as Merger Consideration (as defined in the Merger Agreement) on the terms and subject to the conditions set forth in the Merger Agreement; and

WHEREAS, in connection with the consummation of the transactions contemplated by the Merger Agreement, the Bank, the Ford Funds, the Ford Shareholders and Rabobank desire to terminate the Shareholders Agreement, and the parties hereto desire to enter into this Agreement in order to establish certain rights and obligations of the Company, the Bank, Rabobank, the Ford Funds and the Ford Shareholders and certain of their transferees, effective as of, and subject to the occurrence of, the Effective Time (as defined in the Merger Agreement) (the “ Effective Date ”).

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereto agree as follows:

## ARTICLE I
<div align='center'>DEFINITIONS; INTERPRETATION</div>

Section 1.1 Certain Definitions . Unless the context otherwise requires, the following terms, when used in this Agreement, shall have the respective meanings given to them below (such meanings to be equally applicable to the singular and plural forms of the terms defined):

“ Affiliate ” means, with respect to a person, any other person that, directly or indirectly, controls, is controlled by or is under common control with such person; provided , that Hilltop Holdings Inc. and its Subsidiaries will not be deemed to be an “Affiliate” of the Company or any Ford Shareholder or any of their