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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Northrop Grumman Corp.; Bank of America, NA; Fried, Frank, Harris, Shriver & Jacobson; Hogan & Hartson

Date:

2006

Size:

Preview shows 5KB of 217KB total

Price:

$49

ID:

#2639546

 

 

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                        AGREEMENT AND PLAN OF MERGER


by and between

NORTHROP GRUMMAN SPACE & MISSION SYSTEMS CORP.,

EAGLE TRANSACTION CORPORATION,

and

ESSEX CORPORATION




DATED AS OF NOVEMBER 8, 2006



{PAGE}


TABLE OF CONTENTS
Page
----


ARTICLE I DEFINITIONS............................................2

Section 1.1 Certain Definitions...................................2
Section 1.2 Other Defined Terms...................................8

ARTICLE II THE MERGER............................................10

Section 2.1 The Merger...........................................10
Section 2.2 Closing..............................................10
Section 2.3 Effective Time.......................................10
Section 2.4 Subsequent Actions...................................10
Section 2.5 Effects of the Merger................................11
Section 2.6 Articles of Incorporation; Bylaws....................11
Section 2.7 Directors and Officers...............................11

ARTICLE III EFFECT OF THE MERGER ON CAPITAL STOCK.................11

Section 3.1 Effect on Capital Stock..............................11
Section 3.2 Surrender of Certificates............................12
Section 3.3 Adjustments to Prevent Dilution......................14
Section 3.4 Treatment of Stock Options...........................14
Section 3.5 Treatment of ESPP....................................14

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY.........15

Section 4.1 Organization; Power; Qualification...................15
Section 4.2 Corporate Authorization; Enforceability..............16
Section 4.3 Capitalization; Options..............................16
Section 4.4 Subsidiaries and Company Joint Ventures..............18
Section 4.5 Governmental Concerns................................18
Section 4.6 Non-Contravention....................................19
Section 4.7 Voting...............................................19
Section 4.8 Financial Reports and SEC Documents..................19
Section 4.9 No Undisclosed Liabilities...........................21
Section 4.10 Absence of Certain Changes or Events.................21
Section 4.11 Litigation...........................................22
Section 4.12 Contracts............................................22
Section 4.13 Employee Compensation and Benefit Plans; ERISA.......26
Section 4.14 Labor Matters........................................28
Section 4.15 Taxes................................................29
Section 4.16 Environmental Liability..............................30
Section 4.17 Title to Real Properties.............................31
Section 4.18 Permits; Compliance with Laws........................31
Section 4.19 Takeover Statutes....................................32
Section 4.20 Interested Party Transactions........................32
Section 4.21 Information Supplied.................................32
Section 4.22 Opinion of Financial Advisor.........................33
Section 4.23 Brokers and Finders..................................33
Section 4.24 Intellectual Property................................33
Section 4.25 Foreign Corrupt Practices Act........................35
Section 4.26 Export/Import Compliance.............................35
Section 4.27 Security Obligations.................................36

ARTICLE V REPRESENTATIONS AND WARRANTIES OF PARENT AND
MERGERCO..............................................36

 

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