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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Citibank, NA; Crown Castle International Corp.; Global Signal Inc.; J.P. Morgan Securities Inc.; Morgan Stanley & Co. Inc.; Goldman, Sachs & Co.; Cravath, Swaine & Moore LLP; Skadden, Arps, Slate, Meagher & Flom LLP

Date:

2006

Size:

Preview shows 5KB of 318KB total

Price:

$74

ID:

#2555345

 

 

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                          AGREEMENT AND PLAN OF MERGER



BY AND AMONG


GLOBAL SIGNAL INC.,


CROWN CASTLE INTERNATIONAL CORP.


AND


CCGS HOLDINGS LLC




DATED AS OF OCTOBER 5, 2006


===============================================================================



{PAGE}

TABLE OF CONTENTS


PAGE

ARTICLE I THE MERGER...........................................................2

Section 1.1 The Merger...................................................2
Section 1.2 Effective Time; Closing......................................3
Section 1.3 Effect of the Merger.........................................3
Section 1.4 Certificate of Formation and Operating Agreement.............3
Section 1.5 Officers.....................................................3

ARTICLE II CONVERSION OF SECURITIES; EXCHANGE PROCEDURES.......................4

Section 2.1 Effect on Shares.............................................4
Section 2.2 Equity-Based Awards..........................................6
Section 2.3 Options and Warrants.........................................7
Section 2.4 Exchange of Certificates.....................................8
Section 2.5 Stock Transfer Books........................................11

ARTICLE III REPRESENTATIONS AND WARRANTIES OF GLOBAL..........................11

Section 3.1 Organization and Standing...................................12
Section 3.2 Capitalization..............................................13
Section 3.3 Authority for Agreement.....................................14
Section 3.4 No Conflict.................................................15
Section 3.5 Required Filings and Consents...............................16

Section 3.7 SEC Filings; Financial Statements...........................17
Section 3.8 Absence of Certain Changes or Events........................19
Section 3.9 Taxes.......................................................20
Section 3.10 Change of Control Agreement; No Excess Parachute Payment....22
Section 3.11 Litigation..................................................22
Section 3.12 Contracts and Commitments...................................23
Section 3.13 Information Supplied........................................24
Section 3.14 Employee Benefit Plans......................................25
Section 3.15 Labor and Employment Matters................................28
Section 3.16 Environmental Compliance and Disclosure.....................29
Section 3.17 Intellectual Property.......................................30
Section 3.18 Stockholders' Rights Agreement..............................31
Section 3.19 Brokers; Schedule of Fees and Expenses......................31
Section 3.20 Insurance...................................................31
Section 3.21 Foreign Corrupt Practices Act and International Trade
Sanctions...................................................32
Section 3.22 Ownership of Crown Common Stock.............................32

i

{PAGE}
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF CROWN AND MERGER SUB.............32

Section 4.1 Organization and Standing...................................32
Section 4.2 Capitalization..............................................33
Section 4.3 Authority for Agreement.....................................35
Section 4.4 No Conflict.................................................36
Section 4.5 Required Filings and Consents...............................36
Section 4.6 Compliance; Regulatory Compliance...........................37
Section 4.7 SEC Filings; Financial Statements...........................38

 

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