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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: |
2007 |
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Size: |
157KB total |
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Price: |
$60 |
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ID: |
#2861486 |
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Start of Preview |
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ARTICLE I |
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THE MERGER |
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1.1. |
Effective Time of the Merger |
1 |
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1.2. |
Closing |
2 |
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1.3. |
Effects of the Merger |
2 |
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1.4. |
Certificate of Incorporation and By-laws |
2 |
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ARTICLE II |
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EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE |
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CONSTITUENT CORPORATIONS; EXCHANGE OF CERTIFICATES; |
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CORPORATE REORGANIZATION |
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2.1. |
Effect on Capital Stock |
2 |
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(a)Cancellation of Treasury Stock |
2 | |
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(b)Conversion of Berry Common Stock |
2 | |
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(c)Conversion of Covalence Common Stock |
3 | |
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(d)Conversion of Covalence Preferred Stock |
3 | |
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(e)Appraisal Rights |
4 | |
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2.2. |
Exchange of Certificates |
4 |
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(a)Exchange Agent |
4 | |
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(b)Exchange Procedures |
4 | |
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(c)Distributions with Respect to Unexchanged Shares |
5 | |
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(d)No Further Ownership Rights in Capital Stock |
5 | |
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(e)No Fractional Shares |
5 | |
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(f)Termination of Exchange Fund |
6 | |
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(g)No Liability |
6 | |
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(h)Withholding |
6 | |
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(i)Adjustment to Exchange Ratios |
6 | |
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2.3. |
Corporate Reorganization |
6 |
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ARTICLE III |
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REPRESENTATIONS AND WARRANTIES |
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3.1. |
Representations and Warranties of Berry |
7 |
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(a)Organization, Standing and Power |
7 | |
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(b)Capital Structure |
8 | |
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(c)Authority |
9 | |
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(d)SEC Documents; Financial Statements; Regulatory Reports; Undisclosed Liabilities |
10 | |
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(e)Information Supplied |
11 | |
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(f)Compliance with Applicable Laws and Reporting Requirements |
11 | |
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(g)Legal Proceedings |
12 |
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(h)Taxes |
12 | |
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(i)Certain Agreements |
12 | |
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(j)Benefit Plans |
13 | |
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(k)Subsidiaries |
14 | |
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(l)Agreements with Regulators |
14 | |
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(m)Absence of Certain Changes or Events |
14 | |
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(n)Board Approval |
14 | |
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(o)Vote Required |
14 | |
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(p)Properties |
15 | |
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(q)Intellectual Property |
15 | |
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(r)Brokers or Finders |
15 | |
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(s)Opinion of Berry Financial Advisor |
15 | |
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3.2. |
Representations and Warranties of Covalence |
16 |
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(a)Organization, Standing and Power |
16 | |
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(b)Capital Structure |
16 | |
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(c)Authority |
17 | |
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(d)SEC Documents; Financial Statements; Regulatory Reports; Undisclosed Liabilities |
18 | |
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(e)Information Supplied |
19 | |
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(f)Compliance with Applicable Laws and Reporting Requirements |
19 | |
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(g)Legal Proceedings |
20 | |
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(h)Taxes |
20 | |
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(i)Certain Agreements |
20 | |
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(j)Benefit Plans |
21 | |
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(k)Subsidiaries |
21 | |
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(l)Agreements with Regulators |
22 | |
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(m)Absence of Certain Changes or Events |
22 | |
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(n)Board Approval |
22 | |
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(o)Vote Required |
22 | |
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(p)Properties |
22 | |
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(q)Intellectual Property |
23 | |
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(r)Brokers or Finders |
23 | |
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(s)Opinion of Covalence Financial Advisor |
23 | |
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ARTICLE IV |
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COVENANTS RELATING TO CONDUCT OF BUSINESS |
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4.1. |
Covenants of Berry |
23 |
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(a)Ordinary Course |
24 | |
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(b)Dividends; Changes in Stock |
24 | |
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(c)Issuance of Securities |
24 | |
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(d)Governing Documents, Etc. |
24 | |
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(e)No Acquisitions |
24 | |
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(f)No Dispositions |
25 | |
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(g)Indebtedness |
25 |
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(h)Other Actions |
25 | |
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(i)Accounting Methods |
26 | |
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(j)Tax-Free Reorganization Treatment |
26 | |
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(k)No Liquidation |
26 | |
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(l)Other Agreements |
26 | |
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4.2. |
Covenants of Covalence |
26 |
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(a)Ordinary Course |
26 | |
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(b)Dividends; Changes in Stock |
26 | |
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(c)Issuance of Securities |
27 | |
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(d)Governing Documents |
27 | |
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(e)No Acquisitions |
27 | |
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(f)No Dispositions |
27 | |
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(g)Indebtedness |
28 | |
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(h)Other Actions |
28 | |
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(i)Accounting Methods |
28 | |
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(j)Tax-Free Reorganization Treatment |
28 | |
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(k)Compensation and Benefit Plans |
28 | |
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(l)No Liquidation |
29 | |
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(m)Other Agreements |
29 | |
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4.3. |
Transition |
29 |
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4.4. |
Advice of Changes; Government Filings |
29 |
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4.5. |
Control of Other Partys Business |
30 |
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ARTICLE V |
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ADDITIONAL AGREEMENTS |
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5.1. |
Preparation of Joint Information Statement |
30 |
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5.2. |
Access to Information |
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End of Preview |
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