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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Copper Mountain Networks Inc.; Motorola, Inc.; Silicon Valley Bank; Tektronix, Inc.; Tut Systems, Inc.

Date:

2006

Size:

Preview shows 42KB of 275KB total

Price:

$54

ID:

#2679080

 

 

► Plans ► Agreements ► Agreements & Plans of Merger
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Start of Preview


EXECUTION VERSION

AGREEMENT AND PLAN OF MERGER

Among

MOTOROLA, INC.,

MOTOROLA GTG SUBSIDIARY V CORP.

and

TUT SYSTEMS, INC.

Dated as of December 20, 2006

 


TABLE OF CONTENTS

(continued)

 

          Page
Article I    THE MERGER    1
1.1      The Merger    1
1.2      Effective Time; Closing    2
1.3      Effect of the Merger    2
Article II    CERTIFICATE OF INCORPORATION AND BY-LAWS OF THE SURVIVING CORPORATION    2
2.1      The Certificate of Incorporation    2
2.2      The By-Laws    2
Article III    OFFICERS AND DIRECTORS OF THE SURVIVING CORPORATION    2
3.1      Directors    2
3.2      Officers    3
Article IV    CONVERSION OF SECURITIES    3
4.1      Conversion of Capital Stock    3
4.2      Exchange of Certificates    3
4.3      Company Options and Warrants    5
4.4      Employee Stock Purchase Plan    6
4.5      Restricted Stock    7
4.6      Actions by the Company    7
4.7      Dissenting Shares    7
Article V    REPRESENTATIONS AND WARRANTIES OF THE COMPANY    8
5.1      Organization and Qualification; Subsidiaries    8
5.2      Capital Structure.    10
5.3      Corporate Authority; Approval and Fairness    12
5.4      Governmental Filings; No Violations; Certain Contracts, Etc    12
5.5      Contracts    13
5.6      SEC Filings; Financial Statements; Information Provided    16
5.7      Absence of Certain Changes    18
5.8      Litigation and Liabilities    19
5.9      Employee Benefits    19
5.10    Compliance with Laws; Permits    22
5.11    Environmental Matters    23
5.12    Taxes    24
5.13    Employees; Independent Contractors.    24

 

ii


TABLE OF CONTENTS

(continued)

 

          Page
5.14    Insurance    26
5.15    Intellectual Property    26
5.16    Owned and Leased Properties    32
5.17    Government Contracts    33
5.18    Import and Export Control Laws    34
5.19    Foreign Corrupt Practices Act    35
5.20    Consent Decrees    35
5.21    Product Liability and Recalls    35
5.22    Takeover Statutes    36
5.23    Change of Control    36
5.24    Vote Required    36
5.25    Brokers and Finders    36
Article VI    REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB    36
6.1      Organization, Good Standing and Qualification    36
6.2      Authority; No Conflict; Required Filings and Consents    37
6.3      Information Provided    38
6.4      Operations of Merger Sub    38
6.5      Financing    38
Article VII    COVENANTS    38
7.1      Interim Operations    38
7.2      No Solicitation    41
7.3      Proxy Statement    44
7.4      Listing    44
7.5      Company Meeting    44
7.6      Filings; Other Actions; Notification    45
7.7      Access    47
7.8      Notice of Certain Matters    47
7.9      De-listing    48
7.10    Publicity    48
7.11    Company and Parent Benefit Plans.    48
7.12    Loans to Company Employees, Officers and Directors    48
7.13    Indemnification; Directors and Officers Insurance    48

 

iii


TABLE OF CONTENTS

(continued)

 

          Page
7.14    Takeover Statute    50
7.15    Section 16 Matters    50
7.16    2006 Convertible Notes    50
Article VIII    CONDITIONS    50
8.1      Conditions to Each Partys Obligation to Effect the Merger    50
8.2      Conditions to Obligations of Parent and Merger Sub    50
8.3      Conditions to Obligation of the Company    52
Article IX    TERMINATION    53
9.1      Termination by Mutual Consent    53
9.2      Termination by Either Parent or the Company    53
9.3      Termination by the Company    54
9.4      Termination by Parent    54
9.5      Effect of Termination and Abandonment    55
Article X    MISCELLANEOUS AND GENERAL    56
10.1      Survival    56
10.2      Modification or Amendment    57
10.3      Waiver of Conditions    57
10.4      Counterparts    57
10.5      GOVERNING LAW AND VENUE; WAIVER OF JURY TRIAL    57
10.6      Notices    58
10.7      Entire Agreement    59
10.8      No Third Party Beneficiaries    59
10.9      Obligations of Parent and of the Company    59
10.10    Definitions    59
10.11    Severability    59
10.12    Interpretation; Construction    59
10.13    Assignment    60
10.14    Expenses    60

 

iv


DEFINED TERMS


 
Term    Section

1992 Stock Plan

End of Preview

 

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