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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Deutsche Bank Securities Inc.; Metaldyne Corp; Cravath, Swaine & Moore LLP

Date:

2006

Size:

Preview shows 51KB of 183KB total

Price:

$58

ID:

#2500625

 

 

► Plans ► Agreements ► Agreements & Plans of Merger
► Financial
► Services ► Legal

 

 

Start of Preview



 
 
AGREEMENT AND PLAN OF MERGER
 
Dated as of August 31, 2006
 
Among
 
Asahi Tec Corporation
 
Argon Acquisition Corp.
 
 
And
 
 
Metaldyne Corporation
 

 

 




TABLE OF CONTENTS
 
Page
 
ARTICLE I
 
The Merger
 
SECTION 1.01. The Merger
2
SECTION 1.02. Closing
3
SECTION 1.03. Effective Time
3
SECTION 1.04. Effects of the Merger
3
SECTION 1.05. Certificate of Incorporation and By-laws
3
SECTION 1.06. Directors
3
SECTION 1.07. Officers
3
 
ARTICLE II
 
Effect of the Merger on the Capital Stock of the Constituent Corporations; Exchange of Certificates
 
SECTION 2.01. Effect on Capital Stock
4
SECTION 2.02. Exchange of Certificates
6
 
ARTICLE III
 
Representations and Warranties of the Company
 
SECTION 3.01. Organization, Standing and Power
9
SECTION 3.02. Company Subsidiaries; Equity Interests
9
SECTION 3.03. Capital Structure
10
SECTION 3.04. Authority; Execution and Delivery; Enforceability
11
SECTION 3.05. No Conflicts; Consents
12
SECTION 3.06. SEC Documents; Undisclosed Liabilities
14
SECTION 3.07. Information Supplied
15
SECTION 3.08. Absence of Certain Changes or Events
15
SECTION 3.09. Taxes
17
SECTION 3.10. Absence of Changes in Benefit Plans
19
SECTION 3.11. ERISA Compliance; Excess Parachute Payments
20
SECTION 3.12. Litigation
24
SECTION 3.13. Compliance with Applicable Laws
24
SECTION 3.14. Environmental Matters
25
SECTION 3.15. Intellectual Property
27
SECTION 3.16. Contracts; Debt Instruments
27
SECTION 3.17. Title to Real Properties
28

ii



SECTION 3.18. TM Distribution
28
SECTION 3.19. Customers and Suppliers
29
SECTION 3.20. Brokers; Schedule of Fees and Expenses
29
SECTION 3.21. Opinion of Financial Advisor
30
 
ARTICLE IV
 
Representations and Warranties of Parent and Acquisition Sub
 
SECTION 4.01. Organization, Standing and Power
30
SECTION 4.02. Acquisition Sub
30
SECTION 4.03. Authority; Execution and Delivery; Enforceability
30
SECTION 4.04. No Conflicts; Consents
31
SECTION 4.05. Information Supplied
32
SECTION 4.06. Brokers
32
SECTION 4.07. Financing
32
SECTION 4.08. Section 203
33
 
ARTICLE V
 
Covenants Relating to Conduct of Business
 
SECTION 5.01. Conduct of Business
33
SECTION 5.02. No Solicitation
37
 
ARTICLE VI
 
Additional Agreements
 
SECTION 6.01. Preparation of Information Statement; Action by Written Consent
39
SECTION 6.02. Access to Information; Confidentiality
40
SECTION 6.03. Commercially Reasonable Efforts; Notification
40
SECTION 6.04. Stock Options and Restricted Stock Units
42
SECTION 6.05. Benefit Plans
43
SECTION 6.06. Indemnification
44
SECTION 6.07. Fees and Expenses
45
SECTION 6.08. Public Announcements
45
SECTION 6.09. Transfer Taxes
46
SECTION 6.10. Stockholder Litigation
46
SECTION 6.11. Financing; Consent Solicitations
46

iii



 
ARTICLE VII
 
Conditions Precedent
 
SECTION 7.01. Conditions to Each Partys Obligation To Effect The Merger
48
SECTION 7.02. Conditions to Obligations of Parent and Acquisition Sub
49
SECTION 7.03. Condition to Obligation of the Company
51
 
ARTICLE VIII
 
Termination, Amendment and Waiver
 
SECTION 8.01. Termination
51
SECTION 8.02. Effect of Termination
53
SECTION 8.03. Amendment
53
SECTION 8.04. Extension; Waiver
53
SECTION 8.05. Procedure for Termination, Amendment, Extension or Waiver
53
 
ARTICLE IX
 
General Provisions
 

 
SECTION 9.01. Nonsurvival of Representations and Warranties
54
SECTION 9.02. Notices
54
SECTION 9.03. Definitions
55
SECTION 9.04. Interpretation
57
SECTION 9.05. Severability
57
SECTION 9.06. Counterparts
57
SECTION 9.07. Entire Agreement; No Third-Party Beneficiaries

End of Preview

 

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