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Document Preview Agreement and Plan of Merger |
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Title: |
Agreement and Plan of Merger |
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Entities: |
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Date: |
2006 |
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Size: |
Preview shows 41KB of 166KB total |
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Price: |
$48 |
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ID: |
#2267943 |
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Start of Preview |
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| RECITALS |
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| ARTICLE I |
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| DEFINITIONS |
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| 1.1. |
Specific Definitions |
2 | ||||
| 1.2. |
Other Terms |
9 | ||||
| 1.3. |
Interpretation |
9 | ||||
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| ARTICLE II |
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| THE MERGER |
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| 2.1. |
The Merger |
10 | ||||
| 2.2. |
Closing |
10 | ||||
| 2.3. |
Effective Time |
10 | ||||
| 2.4. |
The Certificate of Incorporation |
11 | ||||
| 2.5. |
The Bylaws |
11 | ||||
| 2.6. |
Directors |
11 | ||||
| 2.7. |
Officers |
11 | ||||
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| ARTICLE III |
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| MERGER CONSIDERATION; EXCHANGE OF SHARES |
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| 3.1. |
Effect on Capital Stock |
11 | ||||
| 3.2. |
Escrow Fund |
12 | ||||
| 3.3. |
Exchange of Certificates |
12 | ||||
| 3.4. |
Adjustments to Prevent Dilution |
13 | ||||
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| ARTICLE IV |
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| REPRESENTATIONS AND WARRANTIES OF SKIPJAM |
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| 4.1. |
Organization, Good Standing and Qualification |
14 | ||||
| 4.2. |
Books and Records |
14 | ||||
| 4.3. |
Capital Structure |
15 | ||||
| 4.4. |
Corporate Authority; Approval and Fairness |
15 | ||||
| 4.5. |
No Conflict; Governmental Filings |
16 | ||||
| 4.6. |
Financial Statements |
17 | ||||
| 4.7. |
Undisclosed Liabilities; etc |
17 | ||||
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| 4.8. |
Absence of Certain Changes |
17 | ||||
| 4.9. |
Litigation and Liabilities |
20 | ||||
| 4.10. |
Employee Benefits |
20 | ||||
| 4.11. |
Compliance with Laws; Permits |
23 | ||||
| 4.12. |
Takeover Statutes |
23 | ||||
| 4.13. |
Material Contracts |
23 | ||||
| 4.14. |
Environmental Matters |
25 | ||||
| 4.15. |
Accounting and Tax Matters |
26 | ||||
| 4.16. |
Labor Matters |
27 | ||||
| 4.17. |
Insurance |
29 | ||||
| 4.18. |
Intellectual Property |
29 | ||||
| 4.19. |
Title to Properties; Encumbrances |
33 | ||||
| 4.20. |
Suppliers |
34 | ||||
| 4.21. |
Product Warranties |
34 | ||||
| 4.22. |
Certain Payments |
34 | ||||
| 4.23. |
Brokers and Finders |
35 | ||||
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| ARTICLE V |
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| REPRESENTIONS AND WARRANTIES OF NETGEAR AND MERGERSUB |
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| 5.1. |
Organization, Good Standing and Qualification |
35 | ||||
| 5.2. |
Corporate Authority |
35 | ||||
| 5.3. |
No Conflict; Governmental Filings |
35 | ||||
| 5.4. |
Capitalization of Merger Sub |
36 | ||||
| 5.5. |
Litigation |
36 | ||||
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| ARTICLE VI |
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| CONDUCT PRIOR TO CLOSING |
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| 6.1. |
Interim Operations of SkipJam |
36 | ||||
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| ARTICLE VII |
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| ADDITIONAL AGREEMENTS |
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| 7.1. |
Information |
39 | ||||
| 7.2. |
Access |
40 | ||||
| 7.3. |
No Solicitation of Transactions |
40 | ||||
| 7.4. |
Regulatory Filings |
41 | ||||
| 7.5. |
Publicity |
41 | ||||
| 7.6. |
Employees and Independent Contractors |
41 | ||||
| 7.7. |
Tax Matters |
41 | ||||
| 7.8. |
Cooperation |
42 | ||||
| 7.9. |
Resignations |
42 | ||||
| 7.10. |
Expenses |
42 | ||||
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| 7.11. |
Further Assurances |
43 | ||||
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| ARTICLE VIII |
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| CONDITIONS |
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| 8.1. |
Conditions to Each Partys Obligation to Effect the Merger |
43 | ||||
| 8.2. |
Conditions to Obligations of NETGEAR and Merger Sub |
43 | ||||
| 8.3. |
Conditions to Obligation of SkipJam |
45 | ||||
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| ARTICLE IX |
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| TERMINATION |
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| 9.1. |
Termination by Mutual Consent |
45 | ||||
| 9.2. |
Termination by Either NETGEAR or SkipJam |
46 | ||||
| 9.3. |
Termination by NETGEAR |
46 | ||||
| 9.4. |
Termination by SkipJam |
46 | ||||
| 9.5. |
Effect of Termination and Abandonment |
46 | ||||
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| ARTICLE X |
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| INDEMNIFICATION |
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| 10.1. |
Survival of Representations and Warranties, Covenants and Agreements; Right to Indemnification Not Affected by Knowledge |
47 | ||||
| 10.2. |
Indemnification by the Sole Stockholder and the Designated Principals |
47 | ||||
| 10.3. |
Procedures for Indemnification |
49 | ||||
| 10.4. |
Sole Stockholder and Designated Principals Representative |
50 | ||||
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| ARTICLE XI |
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| MISCELLANEOUS AND GENERAL |
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| 11.1. |
Modification or Amendment |
51 | ||||
| 11.2. |
Waiver of Conditions |
52 | ||||
| 11.3. |
Counterparts |
52 | ||||
| 11.4. |
GOVERNING LAW; WAIVER OF JURY TRIAL; VENUE. |
52 | ||||
| 11.5. |
Notices |
53 | ||||
| 11.6. |
Entire Agreement |
54 | ||||
| 11.7. |
No Third Party Beneficiaries |
54 | ||||
| 11.8. |
Obligations of NETGEAR and of SkipJam |
54 | ||||
| 11.9. |
Severability |
54 | ||||
| 11.10. |
Assignment |
54 | ||||
| 11.11. |
Specific Performance |
54 | ||||
| 11.12. |
Schedules and Exhibits |
54 | ||||
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