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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Morgan Stanley Group Inc; U.S. Bancorp Piper Jaffray Inc.; U.S. Bancorp; Cleary, Gottlieb, Steen & Hamilton

Date:

2000

Size:

Preview shows 6KB of 176KB total

Price:

$46

ID:

#1538843

 

 

► Plans ► Agreements ► Agreements & Plans of Merger
► Financial
► Financial ► Money Center Banks
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                                                                  CONFORMED COPY










AGREEMENT AND PLAN OF MERGER


BY AND AMONG


DEUTSCHE BANK AG,


DEUTSCHE ACQUISITION CORP.


and


NATIONAL DISCOUNT BROKERS GROUP, INC.








Dated as of October 11, 2000


<PAGE>
<TABLE>
<CAPTION>

TABLE OF CONTENTS

ARTICLE I THE OFFER

<S> <C>
Section 1.01 The Offer........................................................ 1

Section 1.02 Company Actions.................................................. 3

Section 1.03 Stockholder Lists................................................ 3

Section 1.04 Directors........................................................ 4

<CAPTION>

ARTICLE II THE MERGER

Section 2.01 The Merger....................................................... 5

Section 2.02 Consummation of the Merger....................................... 5

Section 2.03 Effects of the Merger............................................ 5

Section 2.04 Certificate of Incorporation and Bylaws.......................... 5

Section 2.05 Directors and Officers........................................... 5

Section 2.06 Conversion of Shares............................................. 5

Section 2.07 Conversion of Common Stock of Purchaser.......................... 6

Section 2.08 Stockholders' Meeting............................................ 6

Section 2.09 Merger Without Meeting of Stockholders........................... 6

Section 2.10 Withholding Taxes................................................ 6

<CAPTION>
ARTICLE III DISSENTING SHARES; PAYMENT FOR SHARES; OPTIONS
<S> <C>

Section 3.01 Dissenting Shares................................................ 6

Section 3.02 Payment for Shares............................................... 7

Section 3.03 Closing of the Company's Transfer Books.......................... 8

Section 3.04 Existing Stock Options........................................... 8

<CAPTION>
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY
<S> <C>

Section 4.01 Organization and Qualification................................... 9

Section 4.02 Capitalization................................................... 9

Section 4.03 Authority for this Agreement..................................... 11

Section 4.04 Consents and Approvals; No Violation............................. 11

Section 4.05 Reports; Financial Statements.................................... 11

Section 4.06 Absence of Certain Changes....................................... 12

</TABLE>

i

<PAGE>

<TABLE>

Section 4.07 Schedule 14D-9; Offer Documents and Proxy Statement.............. 13

Section 4.08 Brokers.......................................................... 14

Section 4.09 Employee Benefit and Labor Matters............................... 14

Section 4.10 Litigation, etc.................................................. 15

Section 4.11 Tax Matters...................................................... 16

Section 4.12 Compliance with Law; No Default.................................. 16

Section 4.13 Environmental Matters............................................ 16

Section 4.14 Intellectual Property............................................ 17

Section 4.15 Real Property.................................................... 19

Section 4.16 Date Compliance.................................................. 19

Section 4.17 Material Contracts............................................... 19


 

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