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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: |
Citibank, NA; Citigroup Global Markets Inc.; PowerDsine Ltd. |
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Date: |
2006 |
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Size: |
189KB total |
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Price: |
$49 |
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ID: |
#2632908 |
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Start of Preview |
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Page |
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ARTICLE 1
DEFINITIONS |
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Section 1.01. Definitions |
1 |
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Section 1.02. Other Definitional and Interpretative Provisions |
10 |
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ARTICLE 2 |
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THE MERGER |
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Section 2.01. The Merger |
10 |
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Section 2.02. Effect on Share Capital |
11 |
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Section 2.03. Surrender and Payment |
11 |
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Section 2.04. Equity Awards |
13 |
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Section 2.05. Adjustments. |
16 |
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Section 2.06. Fractional Shares |
16 |
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Section 2.07. Withholding Rights |
17 |
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Section 2.08. Lost Certificates |
17 |
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ARTICLE 3 |
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THE SURVIVING COMPANY |
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Section 3.01. The Memorandum of Association and Articles of Association |
17 |
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Section 3.02. Directors and Officers |
18 |
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ARTICLE 4 |
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REPRESENTATIONS AND WARRANTIES OF THE COMPANY |
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Section 4.01. Corporate Existence and Power |
18 |
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Section 4.02. Corporate Authorization |
18 |
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Section 4.03. Governmental Authorization |
19 |
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Section 4.04. Non-contravention |
19 |
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Section 4.05. Capitalization |
20 |
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Section 4.06. Subsidiaries; Minority Investments |
21 |
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Section 4.07. SEC Filings |
21 |
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Section 4.08. Financial Statements |
22 |
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Section 4.09. Disclosure Documents |
23 |
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Section 4.10. Absence of Certain Changes |
23 |
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Section 4.11. No Undisclosed Liabilities |
24 |
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Section 4.12. Compliance with Laws |
24 |
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Section 4.13. Litigation |
24 |
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Section 4.14. Finders Fees |
25 |
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Section 4.15. Opinion of Financial Advisor |
25 |
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Section 4.16. Taxes |
25 |
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Section 4.17. Employee Benefit Plans; Labor Matters |
28 |
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Section 4.18. Environmental Matters |
30 |
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Section 4.19. Real Property and Absence of Liens |
31 |
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Section 4.20. Intellectual Property. |
31 |
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Section 4.21. Material Contracts |
34 |
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Section 4.22. Insurance |
35 |
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Section 4.23. Antitakeover Laws |
36 |
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Section 4.24. Insider Interests |
36 |
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Section 4.25. Privacy and Data Security |
36 |
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Section 4.26. Grants, Incentives and Subsidies |
36 |
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ARTICLE 5 |
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REPRESENTATIONS AND WARRANTIES OF PARENT |
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Section 5.01. Corporate Existence and Power |
37 |
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Section 5.02. Corporate Authorization |
37 |
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Section 5.03. Governmental Authorization |
38 |
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Section 5.04. Non-contravention |
38 |
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Section 5.05. Capitalization |
39 |
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Section 5.06. SEC Filings |
39 |
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Section 5.07. Financial Statements |
40 |
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Section 5.08. Disclosure Documents |
41 |
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Section 5.09. Absence of Certain Changes |
41 |
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Section 5.10. No Undisclosed Liabilities |
42 |
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Section 5.11. Compliance with Laws |
42 |
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Section 5.12. Litigation |
42 |
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Section 5.13. Share Ownership |
42 |
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Section 5.14. Finders Fees |
42 |
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Section 5.15. Financing |
43 |
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ARTICLE 6 |
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COVENANTS OF THE COMPANY |
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Section 6.01. Conduct of the Company |
43 |
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Section 6.02. Court Approval; Company Meetings |
45 |
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Section 6.03. No Solicitation; Other Offers |
46 |
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Section 6.04. Affiliates |
48 |
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Section 6.05. Termination of 401(k) Plan |
48 |
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ARTICLE 7 |
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COVENANTS OF PARENT |
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Section 7.01. Conduct of Parent |
48 |
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Section 7.02. Obligations of Merger Subsidiary |
49 |
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Section 7.03. Voting of Shares |
49 |
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Section 7.04. Agreement to Defend and Indemnify |
49 |
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Section 7.05. Employee Matters. |
51 |
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Section 7.06. Registration Statement. |
52 |
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Section 7.07. Stock Exchange Listing |
52 |
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Section 7.08. Section 16 Matters |
52 |
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ARTICLE 8 |
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COVENANTS OF PARENT AND THE COMPANY |
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Section 8.01. Reasonable Best Efforts |
52 |
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Section 8.02. Israeli Approvals |
54 |
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Section 8.03. Tax Matters |
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End of Preview |
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