|
|
|
|
Document Preview Agreement and Plan of Merger |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Agreement and Plan of Merger |
|||
|
Entities: |
||||
|
Date: |
2000 |
|||
|
Size: |
Preview shows 5KB of 202KB total |
|||
|
Price: |
$61 |
|||
|
ID: |
#1298929 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
AGREEMENT AND PLAN OF MERGER
AMONG
U.S. TECHNOLOGIES INC.,
USXX ACQUISITION CORPORATION
AND
ON-SITE SOURCING, INC.
DATED AS OF SEPTEMBER 27, 2000
<PAGE>
TABLE OF CONTENTS
<TABLE>
<CAPTION>
Page
----
<S> <C>
RECITALS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1
ARTICLE I DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1
Section 1.1 Certain Defined Terms. . . . . . . . . . . . . . . . . . . . . . .1
Section 1.2 Other Defined Terms. . . . . . . . . . . . . . . . . . . . . . . .7
ARTICLE II THE MERGER; OTHER TRANSACTIONS . . . . . . . . . . . . . . . . . . . . .8
Section 2.1 The Merger . . . . . . . . . . . . . . . . . . . . . . . . . . . .8
Section 2.2 Effective Time of the Merger . . . . . . . . . . . . . . . . . . .8
Section 2.3 Closing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9
Section 2.4 Certificate of Incorporation; Bylaws . . . . . . . . . . . . . . .9
Section 2.5 Directors and Officers . . . . . . . . . . . . . . . . . . . . . .9
ARTICLE III CONVERSION OF SHARES. . . . . . . . . . . . . . . . . . . . . . . . . .9
Section 3.1 Effect of the Merger . . . . . . . . . . . . . . . . . . . . . . .9
Section 3.2 Exchange of ONSS Common Stock Certificates . . . . . . . . . . . 12
Section 3.3 Dissenting Shares. . . . . . . . . . . . . . . . . . . . . . . . 14
Section 3.4 ONSS Options and the Meyerson Warrant. . . . . . . . . . . . . . 14
Section 3.5 ONSS Publicly Traded Warrants. . . . . . . . . . . . . . . . . . 14
Section 3.6 Conversion of ONSS Options, ONSS Public Warrants and
the Meyerson Warrant . . . . . . . . . . . . . . . . . . . . . . 15
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF USXX . . . . . . . . . . . . . . . . 16
Section 4.1 Organization, Existence and Qualification. . . . . . . . . . . . 16
Section 4.2 Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . 16
Section 4.3 Subsidiaries; Investments. . . . . . . . . . . . . . . . . . . . 17
Section 4.4 Authority Relative to this Agreement and Binding Effect. . . . . 17
Section 4.5 Governmental Approvals . . . . . . . . . . . . . . . . . . . . . 17
Section 4.6 Compliance with Legal Requirements; Governmental
Authorizations . . . . . . . . . . . . . . . . . . . . . . . . . 18
Section 4.7 Legal Proceedings; Orders. . . . . . . . . . . . . . . . . . . . 18
Section 4.8 SEC Documents. . . . . . . . . . . . . . . . . . . . . . . . . . 18
Section 4.9 Taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Section 4.10 Intellectual Property. . . . . . . . . . . . . . . . . . . . . . 19
Section 4.11 Contracts. . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Section 4.12 Indebtedness. . . . . . . . . . . . . . . . . . . . . . . . . . 20
Section 4.13 Employee Benefit Plans. . . . . . . . . . . . . . . . . . . . . 20
Section 4.14 Environmental Matters . . . . . . . . . . . . . . . . . . . . . 23
Section 4.15 No Material Adverse Change. . . . . . . . . . . . . . . . . . . 23
Section 4.16 Brokers . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Section 4.17 Proxy Statement; Registration Statement . . . . . . . . . . . . 23
Section 4.18 Votes Required. . . . . . . . . . . . . . . . . . . . . . . . . 24
Section 4.19 Disclaimer of Representations and Warranties. . . . . . . . . . 24
i
<PAGE>
ARTICLE V REPRESENTATIONS AND WARRANTIES OF ONSS. . . . . . . . . . . . . . . . . 25
Section 5.1 Organization, Existence and Qualification . . . . . . . . . . . 25
Section 5.2 Capitalization. . . . . . . . . . . . . . . . . . . . . . . . . 25
|
End of Preview |
Home Intelligence Services Subscriptions News About Us