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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: |
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Date: |
2006 |
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Size: |
Preview shows 48KB of 276KB total |
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Price: |
$58 |
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ID: |
#2666297 |
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Start of Preview |
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| ARTICLE I DEFINITIONS | 2 | |||||
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SECTION 1.1. | Certain Definitions | 2 | |||
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| ARTICLE II THE MERGER | 15 | |||||
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SECTION 2.1. | The Merger | 15 | |||
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SECTION 2.2. | Effective Time | 15 | |||
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SECTION 2.3. | Effects of the Merger | 15 | |||
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SECTION 2.4. | Certificate of Incorporation and Bylaws | 15 | |||
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SECTION 2.5. | Board of Directors | 15 | |||
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SECTION 2.6. | Officers | 15 | |||
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SECTION 2.7. | Conversion of Securities | 15 | |||
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SECTION 2.8. | Payment of Merger Consideration; Other Payments | 17 | |||
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SECTION 2.9. | Appraisal Rights | 21 | |||
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SECTION 2.10. | Withholding Rights | 21 | |||
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SECTION 2.11. | Lost Certificates | 22 | |||
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SECTION 2.12. | Closing | 22 | |||
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SECTION 2.13. | Intentionally Omitted | 23 | |||
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SECTION 2.14. | Further Assurances | 23 | |||
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| ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY | 23 | |||||
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SECTION 3.1. | Organization | 23 | |||
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SECTION 3.2. | Subsidiaries | 24 | |||
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SECTION 3.3. | Authorization | 24 | |||
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SECTION 3.4. | Capitalization | 25 | |||
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SECTION 3.5. | Noncontravention | 26 | |||
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SECTION 3.6. | Government Consents and Approvals | 27 | |||
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SECTION 3.7. | Financial Statements | 27 | |||
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SECTION 3.8. | Absence of Certain Changes | 29 | |||
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SECTION 3.9. | Litigation | 31 | |||
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SECTION 3.10. | Material Contracts | 31 | |||
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SECTION 3.11. | Real Property | 33 | |||
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SECTION 3.12. | Personal Property | 34 | |||
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SECTION 3.13. | Compliance with Laws; Permits | 35 | |||
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SECTION 3.14. | Taxes | 36 | |||
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SECTION 3.15. | Intellectual Property | 39 | |||
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SECTION 3.16. | Compliance With Environmental Laws | 46 | |||
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SECTION 3.17. | Employees; Labor Matters | 46 | |||
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SECTION 3.18. | ERISA | 49 | |||
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SECTION 3.19. | Insurance | 52 | |||
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SECTION 3.20. | Government Contracts | 52 | |||
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SECTION 3.21. | Bank Accounts | 52 | |||
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SECTION 3.22. | Company Transaction Expenses | 52 | |||
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SECTION 3.23. | Ethical Practices | 52 | |||
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SECTION 3.24. | Affiliate Transactions | 52 | |||
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SECTION 3.25. | Customers | 53 | |||
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SECTION 3.26. | Accounts Receivable and Payable | 53 | |||
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SECTION 3.27. | Books and Records | 54 | |||
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SECTION 3.28. | Telecom Service Providers | 54 | |||
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SECTION 3.29. | Brokers | 54 | |||
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| ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB | 54 | |||||
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SECTION 4.1. | Organization | 54 | |||
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SECTION 4.2. | Authorization | 54 | |||
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SECTION 4.3. | Noncontravention | 55 | |||
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SECTION 4.4. | Government Consents and Approvals | 55 | |||
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SECTION 4.5. | No Prior Activities | 55 | |||
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SECTION 4.6. | Brokers | 55 | |||
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SECTION 4.7. | Financing | 55 | |||
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| ARTICLE V COVENANTS | 56 | |||||
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SECTION 5.1. | Conduct of Business of the Company | 56 | |||
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SECTION 5.2. | Approval of Stockholders | 58 | |||
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SECTION 5.3. | Access to Information | 59 | |||
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SECTION 5.4. | Exclusivity | 59 | |||
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SECTION 5.5. | Cooperation | 60 | |||
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SECTION 5.6. | Public Announcements | 60 | |||
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SECTION 5.7. | Notification of Certain Matters | 61 | |||
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SECTION 5.8. | Company Transaction Expenses | 61 | |||
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SECTION 5.9. | Termination of Certain Agreements | 61 | |||
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SECTION 5.10. | Payoff Letters | 61 | |||
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SECTION 5.11. | Employee Matters | 61 | |||
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SECTION 5.12. | Indemnification of Officers and Directors | 62 | |||
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SECTION 5.13. | Taxes | 63 | |||
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SECTION 5.14. | Cancellation of Options | 67 | |||
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| ARTICLE VI CONDITIONS TO CONSUMMATION OF THE MERGER | 67 | |||||
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SECTION 6.1. | Conditions to Each Party's Obligations to Effect the Merger | 67 | |||
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SECTION 6.2. | Conditions to the Obligations of Parent and Merger Sub | 68 | |||
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SECTION 6.3. | Conditions to the Obligations of the Company | 69 | |||
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| ARTICLE VII TERMINATION, AMENDMENT AND WAIVER | 70 | |||||
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SECTION 7.1. | Termination | 70 | |||
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SECTION 7.2. | Effect of Termination | 70 | |||
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SECTION 7.3. | Amendment | 71 | |||
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SECTION 7.4. | Extension; Waiver | 71 | |||
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| ARTICLE VIII INDEMNIFICATION | 71 | |||||
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SECTION 8.1. | Survival of Representations and Covenants | 71 | |||
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SECTION 8.2. | Indemnification | 71 | |||
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SECTION 8.3. | Manner of Indemnification | 74 | |||
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SECTION 8.4. | Notice of Claims | 75 | |||
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SECTION 8.5. | Third-Party Claims | 75 | |||
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SECTION 8.6. | Mitigation; Exclusivity of Remedy | 76 | |||
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SECTION 8.7. | Holder Representative | 77 | |||
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| ARTICLE IX MISCELLANEOUS | 79 | |||||
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SECTION 9.1. | Entire Agreement | 79 | |||
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SECTION 9.2. | Assignment | 79 | |||
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SECTION 9.3. | Severability | 79 | |||
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SECTION 9.4. | Expenses | 80 | |||
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SECTION 9.5. | Governing Law | 80 | |||
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SECTION 9.6. | Jurisdiction; Forum | 80 | |||
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SECTION 9.7. | Waiver of Jury Trial | 80 | |||
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SECTION 9.8. | Specific Performance | 80 | |||
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SECTION 9.9. | Notices | 80 | |||
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SECTION 9.10. | Parties in Interest | 82 | |||
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SECTION 9.11. | Counterparts; Facsimiles | 82 | |||
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