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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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Date: |
2006 |
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$42 |
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ID: |
#2409270 |
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AGREEMENT AND PLAN OF MERGER
This AGREEMENT AND PLAN OF MERGER (this "Agreement") is dated as of
March 16, 2006, and entered into by RUB A DUB SOAP, INC., a Colorado corporation
("RBCO") and RUB A DUB SOAP, INC., a Nevada corporation ("RBNV").
RECITALS
1. RBCO is a Colorado corporation, the address of which is 2591 Dallas
Parkway, Suite 102, Frisco, Texas 75034. The date of filing of RBCO's original
Articles of Incorporation is September 28, 2001, as amended from time to time
(the "Colorado Articles").
2. RBNV is a Nevada corporation, the address of which is 2591 Dallas
Parkway, Suite 102, Frisco, Texas 75034. The date of filing of RBNV's Articles
of Incorporation is February 28, 2006 (as amended from time to time, the "Nevada
Articles").
3. RBCO and RBNV have determined that it is advisable and in their best
interests to merge RBCO with and into RBNV (the "Merger").
TERMS AND PROVISIONS OF MERGER
In consideration of the foregoing Recitals and of the following terms
and provisions, and subject to the following conditions, it is agreed:
1. Merger. The effective time of the Merger (the "Effective Time")
shall be a date when the parties shall have executed and filed a Certificate of
Merger with the Secretaries of State of Colorado and Nevada. As of the Effective
Time, RBCO shall be merged with and into RBNV. Following the Effective Time,
RBNV shall be the surviving entity of the Merger (hereinafter sometimes referred
to as the "Surviving Entity"), and the separate organizational existence of RBCO
shall cease.
2. Governing Documents. The Nevada Articles shall govern the Surviving
Entity without further change or amendment until thereafter amended in
accordance with the provisions thereof and applicable law.
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