Company: NWBI
Filing Date: 2025-02-20
Form Type: S-4/A
Source: 0001193125-25-030716
Chunk: 155

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-20
Form: S-4/A
Chunk 155
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 any Compensation and Benefit Plan, or (C) result in any material increase in benefits payable , or any other obligation
pursuant to, under any Compensation and Benefit Plan.

(ix) Neither PWOD, any of its Subsidiaries nor any ERISA Affiliate
maintains any compensation plans, programs or arrangements the benefits or payments under which would not reasonably be expected to be deductible as a result of the limitations under Section 162(m) of the Code and the Treasury regulations
issued thereunder.

(x) As a result, directly or indirectly, of the execution of this Agreement or the transactions
contemplated by this Agreement (including, without limitation, as a result of any termination of employment prior to or following the Effective Time), none of NWBI, PWOD or the Surviving Corporation, or any of their respective Subsidiaries will be
obligated to make a payment or otherwise provide for any benefit that would be characterized as an “excess parachute payment” to an individual who is a “disqualified individual” (as such terms are defined in Section 280G of
the Code and applicable regulations thereunder) or which would violate 12 U.S.C. Section 1828(k) or regulations thereunder.

(xi) (i) PWOD and each of its Subsidiaries are and have been in compliance with all applicable federal, state and local
laws, regulations, ordinances and rulings respecting employment and employment practices, terms and conditions of employment, and wages and hours, including, without limitation, any such laws respecting employment discrimination and occupational
safety and health requirements, (ii) neither PWOD nor any of its Subsidiaries are engaged in any unfair labor practice or other employment and/or wage-related policy, practice or action in violation of any federal, state or local law,
regulation, ordinance or ruling, including without limitation those related to wages and hours under the Fair Labor Standards Act (FLSA), and (iii) there is no unfair labor practice or employment-related complaint against PWOD or any of its
Subsidiaries pending or, to the Knowledge of PWOD, threatened before any state or

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federal court, the National Labor Relations Board, the Equal Employment Opportunity Commission (EEOC) or any other federal, state or local administrative body relating to employment or
employment-related policies, practices or conditions.

(xii) Each Compensation and Benefit Plan that is a
“nonqualified deferred compensation plan” (as defined under Section 409