Company: FRME
Filing Date: 2025-10-10
Form Type: S-4
Source: 0001193125-25-237211
Chunk: 99

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-10
Form: S-4
Chunk 99
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” means any outbreaks, epidemics or pandemics relating to SARS-CoV-2 or COVID-19, or any evolutions, variations or mutations thereof, or any other viruses (including influenza), and the
governmental and other responses thereto; and the term “Pandemic Measures” means any quarantine, “shelter in place”, “stay at home”, workforce reduction, reduced capacity, social distancing, shut down, closure,
sequester or other directives, guidelines, executive orders, mandates or recommendations promulgated by any international, federal, state or local governmental authority, including the Centers for Disease Control and Prevention and the World Health
Organization, in each case, in connection with or in response to the Pandemic.

The conditions to completion of the Merger are subject to
waiver by the party benefiting from such condition. The conditions may also be altered by the written agreement of both parties. See “THE MERGER AGREEMENT – Termination; Waiver; Amendment,” “THE MERGER – Regulatory
Approvals,” “THE MERGER – Interests of Certain Persons in the Merger,” “MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES,” and .

66

Termination; Waiver; Amendment First Merchants and First Savings may terminate the Merger Agreement at any time before the Merger is completed, including after the First Savings shareholders have approved the Merger, if one of the events which gives the party the right to terminate occurs. The Merger Agreement may be terminated:

| 1. | by mutual consent of First Merchants and First Savings; |

| 2. | by either First Merchants or First Savings if there has been a breach by the other of any of the covenants or                                                                                                                        
 any of the representations or warranties set forth in the Merger Agreement, which, if uncured, would result in the failure of any condition set forth under “Conditions to Completion of the Merger – Conditions Applicable to First 
 Savings” above (if termination is by First Savings) or under “Conditions to Completion of the Merger – Conditions Applicable to First Merchants” above (if termination is by First Merchants) to be satisfied, and which cannot      
 be or is not cured within 30 days following written notice given by the non-breaching party to the party committing the breach;                                                                                                      |

| 3. | by either First Merchants or First Savings if any event, fact, or circumstance has occurred with respect to the