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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Niku Corp.

Date:

2005

Size:

Preview shows 54KB of 201KB total

Price:

$53

ID:

#1194224

 

 

► Plans ► Agreements ► Agreements & Plans of Merger
► Technology ► Software & Programming

 

 

Start of Preview


 

AGREEMENT AND PLAN OF MERGER

 

Among

 

COMPUTER ASSOCIATES INTERNATIONAL, INC.,

 

NEBRASKA ACQUISITION CORP.

 

and

 

NIKU CORPORATION

 

Dated as of June 9, 2005


Table of Contents

 

          Page

     ARTICLE I     
     The Merger; Closing; Effective Time     

1.1.

  

The Merger

   1

1.2.

  

Closing

   1

1.3.

  

Effective Time

   2
     ARTICLE II     
     Certificate of Incorporation and By-Laws of the Surviving Corporation     

2.1.

  

The Certificate of Incorporation

   2

2.2.

  

The By-Laws

   2
     ARTICLE III     
     Officers and Directors of the Surviving Corporation     

3.1.

  

Directors

   2

3.2.

  

Officers

   2
     ARTICLE IV     
     Conversion of Securities     

4.1.

  

Conversion of Capital Stock

   3

4.2.

  

Exchange of Certificates

   4

4.3.

  

Treatment of Company Stock Options

   6

4.4.

  

Employee Stock Purchase Plans

   7

4.5.

  

Actions by the Company

   7

4.6.

  

Dissenting Shares

   8

 

-i-


TABLE OF CONTENTS

(continued)

 

          Page

     ARTICLE V     
     Representations and Warranties of the Company     

5.1.

  

Organization, Good Standing and Qualification

   8

5.2.

  

Capital Structure

   10

5.3.

  

Corporate Authority; Approval and Fairness

   12

5.4.

  

Governmental Filings; No Violations; Certain Contracts; Consents

   12

5.5.

  

Contracts

   14

5.6.

  

SEC Filings; Financial Statements; Information Provided

   17

5.7.

  

Absence of Certain Changes

   19

5.8.

  

Litigation and Liabilities

   19

5.9.

  

Employee Benefits

   19

5.10.

  

Compliance with Laws; Permits

   22

5.11.

  

Environmental Matters

   22

5.12.

  

Taxes

   23

5.13.

  

Labor Matters

   24

5.14.

  

Insurance

   25

5.15.

  

Intellectual Property

   25

5.16.

  

Owned and Leased Properties

   30

5.17.

  

Takeover Statutes

   31

5.18.

  

Brokers and Finders

   31

 

-ii-


TABLE OF CONTENTS

(continued)

 

          Page

     ARTICLE VI     
     Representations and Warranties of Parent and Merger Sub     

6.1.

  

Organization, Standing and Power

   32

6.2.

  

Authority; No Conflict; Required Filings and Consents

   32

6.3.

  

Information Provided

   33

6.4.

  

Operations of Merger Sub

   33

6.5.

  

Financing

   33

6.6.

  

Share Ownership

   34
     ARTICLE VII     
     Covenants     

7.1.

  

Interim Operations

   34

7.2.

  

Acquisition Proposals

   37

7.3.

  

Proxy Statement

   40

7.4.

  

Nasdaq Quotation

   40

7.5.

  

Company Meeting

   40

7.6.

  

Filings; Other Actions; Notification

   41

7.7.

  

Access

   43

7.8.

  

Nasdaq De-listing

   43

7.9.

  

Publicity

   43

7.10.

  

Employee Benefits

   44

7.11.

  

Company and Parent Benefit Plans

   44

7.12.

  

Loans to Company Employees, Officers and Directors

   45

7.13.

  

Indemnification; Directors and Officers Insurance

   45

7.14.

  

Takeover Statute

   47

 

-iii-


TABLE OF CONTENTS

(continued)

 

          Page

     ARTICLE VIII     
     Conditions     

8.1.

  

Conditions to Each Partys Obligation to Effect the Merger

   47

8.2.

  

Conditions to Obligations of Parent and Merger Sub

   48

8.3.

  

Conditions to Obligation of the Company

   49
     ARTICLE IX     
     Termination     

9.1.

  

Termination by Mutual Consent

   50

9.2.

  

Termination by Either Parent or the Company

   50

9.3.

  

Termination by the Company

   50

9.4.

  

Termination by Parent

   51

9.5.

  

Effect of Termination and Abandonment

   52
     ARTICLE X     
     Miscellaneous and General     

10.1.

  

Survival

   53

10.2.

  

Modification or Amendment

   54

10.3.

  

Waiver of Conditions

   54

10.4.

  

Counterparts

   54

10.5.

  

GOVERNING LAW AND VENUE; WAIVER OF JURY TRIAL

   54

10.6.

  

Notices

   55

10.7.

  

Entire Agreement

   55

 

-iv-


TABLE OF CONTENTS

(continued)

 

          Page

10.8.

  

No Third Party Beneficiaries

   56

10.9.

  

Obligations of Parent and of the Company

   56

10.10.

  

Definitions

   56

10.11.

  

Severability

   56

10.12.

  

Interpretation; Construction

   56

10.13.

  

Assignment

   57

10.14.

  

Expenses

   57

10.15.

  

Knowledge

   57

10.16.

  

Company Disclosure Schedule

   57

 

-v-


DEFINED TERMS

 


 

Term


   Section

Acquisition Proposal

   7.2(a)

Acquisition Proposal Assessment Period

   7.2(d)(i)

Adverse Recommendation Notice

  

End of Preview

 

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