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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

EGL, Inc.

Date:

2007

Size:

Preview shows 5KB of 229KB total

Price:

$81

ID:

#2785595

 

 

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                          AGREEMENT AND PLAN OF MERGER




among



Talon Holdings Corp.,



Talon Acquisition Co.



and



EGL, Inc.



Dated as of March 18, 2007









{PAGE}


TABLE OF CONTENTS

PAGE

ARTICLE I THE MERGER.........................................................2

Section 1.1 The Merger....................................................2
Section 1.2 Closing.......................................................2
Section 1.3 Effective Time................................................2
Section 1.4 Effects of the Merger.........................................2
Section 1.5 Articles of Incorporation and Bylaws of the Surviving
Corporation...................................................2
Section 1.6 Directors.....................................................3
Section 1.7 Officers......................................................3


ARTICLE II CONVERSION OF SHARES; EXCHANGE OF CERTIFICATES.....................3

Section 2.1 Effect on Capital Stock.......................................3
Section 2.2 Exchange of Certificates......................................5
Section 2.3 Timing of Equity Rollover.....................................7


ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY......................7

Section 3.1 Qualification, Organization, Subsidiaries, etc................7
Section 3.2 Capital Stock.................................................8
Section 3.3 Subsidiaries.................................................10
Section 3.4 Corporate Authority Relative to This Agreement; No
Violation....................................................10
Section 3.5 Reports and Financial Statements.............................11
Section 3.6 Internal Controls and Procedures.............................12
Section 3.7 No Undisclosed Liabilities...................................12
Section 3.8 Compliance with Law; Permits.................................12
Section 3.9 Environmental Laws and Regulations...........................13
Section 3.10 Employee Benefit Plans.......................................14
Section 3.11 Interested Party Transactions................................16
Section 3.12 Absence of Certain Changes or Events.........................16
Section 3.13 Investigations; Litigation...................................17
Section 3.14 Proxy Statement; Other Information...........................17
Section 3.15 Tax Matters..................................................17
Section 3.16 Labor Matters................................................19
Section 3.17 Intellectual Property........................................20
Section 3.18 Property.....................................................20
Section 3.19 Insurance....................................................20
Section 3.20 Opinion of Financial Advisor.................................21
Section 3.21 Required Vote of the Company Shareholders....................21
Section 3.22 Material Contracts...........................................21
Section 3.23 Finders or Brokers...........................................21
Section 3.24 State Takeover Statutes; Rights Plan.........................22
Section 3.25 Disclaimer...................................................22


i

{PAGE}


TABLE OF CONTENTS
(CONTINUED)

PAGE

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB...........23

Section 4.1 Qualification; Organization..................................23
Section 4.2 Corporate Authority Relative to This Agreement; No

 

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