Preview | Agreement and Plan of Merger |

TABLE OF CONTENTS


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ARTICLE I THE MERGER			1
Section 1.1 The Merger			1
Section 1.2 Closing			1
Section 1.3 Effective Time			1

ARTICLE II EFFECTS OF THE MERGER			2
Section 2.1 Effects of the Merger			2
Section 2.2 Certificate of Incorporation			2
Section 2.3 Bylaws			2
Section 2.4 Officers			2
Section 2.5 Directors			2
Section 2.6 Cancellation of Treasury Stock and Parent Owned Stock; Conversion of Common Stock Owned by the Companys Subsidiaries			2
Section 2.7 Merger Consideration for Company Common Stock			2
Section 2.8 The Capital Stock of Acquisition Sub			3
Section 2.9 Option, SAR and Warrant Consideration			3
Section 2.10 Exchange of Certificates			5

ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY			8
Section 3.1 Organization			8
Section 3.2 Authorization			9
Section 3.3 Consents and Approvals; No Violations			9
Section 3.4 Capitalization			10
Section 3.5 Subsidiaries			12
Section 3.6 SEC Documents; Internal Controls			12
Section 3.7 Financial Statements; No Undisclosed Liabilities			14
Section 3.8 Proxy Statement			14
Section 3.9 Absence of Material Adverse Changes, etc			15
Section 3.10 Taxes			15
Section 3.11 Employee Benefit Plans			16
Section 3.12 Environmental Matters			18
Section 3.13 Litigation; Compliance with Laws			19
Section 3.14 Intellectual Property			21
Section 3.15 Material Contracts			21
Section 3.16 Insurance			22
Section 3.17 Real Estate; Assets			22
Section 3.18 Labor and Employment			23
Section 3.19 Opinion of Financial Advisor			23
Section 3.20 Finders and Other Fees			23
Section 3.21 State Takeover Statutes			23

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND ACQUISITION SUB			24
Section 4.1 Organization			24

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Section 4.2 Authorization			24
Section 4.3 Consents and Approvals; No Violations			24
Section 4.4 Proxy Statement			25
Section 4.5 Acquisition Subs Operations			25
Section 4.6 Ownership of Company Common Stock			25
Section 4.7 Financing			25
Section 4.8 Brokers			25
Section 4.9 Litigation			26

ARTICLE V COVENANTS OF THE PARTIES			26
Section 5.1 Conduct of the Business of the Company			26
Section 5.2 Stockholders Meeting; Proxy Material			29
Section 5.3 Access to Information			31
Section 5.4 No Solicitation			31
Section 5.5 Director and Officer Liability			33
Section 5.6 Reasonable Best Efforts; Certain Filings			34
Section 5.7 Other Actions			35
Section 5.8 Public Announcements			35
Section 5.9 State Takeover Laws			36
Section 5.10 Certain Notifications			36
Section 5.11 Employees and Employee Benefit Plans			36
Section 5.12 Delisting			38
Section 5.13 Filing of Tax Returns			38
Section 5.14 Restructuring of Merger			38
Section 5.15 FDA Matters			38
Section 5.16 Parent Representatives			39

ARTICLE VI CONDITIONS PRECEDENT			39
Section 6.1 Conditions to Each Partys Obligations to Effect the Merger			39
Section 6.2 Conditions to the Companys Obligation to Effect the Merger			40
Section 6.3 Conditions to Parents and Acquisition Subs Obligations to Effect the Merger			40

ARTICLE VII TERMINATION			41
Section 7.1 Termination			41
Section 7.2 Effect of Termination			42
Section 7.3 Fees and Expenses			42

ARTICLE VIII MISCELLANEOUS			43
Section 8.1 Definitions			43
Section 8.2 Notices			50
Section 8.3 Survival of Representations, Warranties and Covenants

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