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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: |
Mid-State Bancshares; Nasdaq Stock Market Inc.; Wachtell, Lipton, Rosen & Katz |
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Date: |
2006 |
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Size: |
175KB total |
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Price: |
$46 |
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ID: |
#2592730 |
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Start of Preview |
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AGREEMENT AND PLAN OF MERGER
dated as of November 1, 2006
among
VIB CORP,
CHARDONNAY MERGER SUB CORP.
and
MID-STATE BANCSHARES
TABLE OF CONTENTS
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ARTICLE I |
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DEFINITIONS; INTERPRETATION |
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1.01. |
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DEFINITIONS |
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1 |
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1.02. |
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INTERPRETATION |
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10 |
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ARTICLE II |
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THE MERGER |
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2.01. |
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THE MERGER |
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11 |
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2.02. |
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CLOSING |
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11 |
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2.03. |
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EFFECTIVE TIME |
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12 |
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2.04. |
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EFFECTS OF THE MERGER |
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12 |
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2.05. |
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ARTICLES OF INCORPORATION AND BY-LAWS |
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12 |
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ARTICLE III |
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CONSIDERATION; EXCHANGE PROCEDURES |
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3.01. |
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CONSIDERATION |
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12 |
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3.02. |
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CANCELLATION OF SHARES; STOCK TRANSFERS |
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12 |
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3.03. |
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MERGER SUB STOCK |
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13 |
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3.04. |
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EXCHANGE PROCEDURES |
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13 |
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3.05. |
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STOCK OPTIONS |
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14 |
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3.06. |
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DISSENTING SHARES |
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15 |
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ARTICLE IV |
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CONDUCT OF BUSINESS PENDING THE MERGER |
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4.01. |
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FORBEARANCES OF THE COMPANY |
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15 |
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4.02. |
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FORBEARANCES OF ACQUIROR |
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19 |
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ARTICLE V |
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REPRESENTATIONS AND WARRANTIES |
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5.01. |
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DISCLOSURE SCHEDULES |
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20 |
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5.02. |
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STANDARD |
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20 |
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5.03. |
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REPRESENTATIONS AND WARRANTIES OF THE COMPANY |
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21 |
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5.04. |
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REPRESENTATIONS AND WARRANTIES OF ACQUIROR |
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37 |
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ARTICLE VI |
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COVENANTS |
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6.01. |
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REASONABLE BEST EFFORTS |
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38 |
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6.02. |
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SHAREHOLDER APPROVAL |
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38 |
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6.03. |
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PROXY STATEMENT |
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39 |
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6.04. |
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PRESS RELEASES |
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40 |
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6.05. |
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ACCESS; INFORMATION |
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40 |
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6.06. |
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ACQUISITION PROPOSALS |
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41 |
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6.07. |
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TAKEOVER LAWS AND PROVISIONS |
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42 |
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6.08. |
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REGULATORY APPLICATIONS; THIRD-PARTY CONSENTS; ESTOPPEL CERTIFICATES |
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42 |
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6.09. |
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NO RIGHTS TRIGGERED |
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43 |
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6.10. |
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INDEMNIFICATION |
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43 |
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6.11. |
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FUNDS |
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45 |
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6.12. |
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EMPLOYEE MATTERS |
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45 |
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6.13. |
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NOTIFICATION OF CERTAIN MATTERS |
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48 |
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6.14. |
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CERTAIN MODIFICATIONS |
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49 |
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6.15. |
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REGULATORY COMPLIANCE |
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