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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: |
Preview shows 32KB of 248KB total |
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Price: |
$97 |
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ID: |
#2864469 |
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Start of Preview |
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AGREEMENT AND PLAN OF MERGER
BY AND AMONG
PRAIRIEWAVE HOLDINGS, INC.,
KNOLOGY, INC.,
KNOLOGY ACQUISITION SUB, INC.,
ALTA COMMUNICATIONS VIII, L.P., AS
THE
EQUITY HOLDERS REPRESENTATIVE,
AND CERTAIN EQUITY HOLDERS
JANUARY 8, 2007
TABLE OF CONTENTS
| Page | ||||
| ARTICLE I - THE MERGER | 1 | |||
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Section 1.1. |
The Merger | 1 | ||
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Section 1.2. |
Effective Time | 2 | ||
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Section 1.3. |
Certificate of Incorporation and By-Laws | 2 | ||
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Section 1.4. |
Closing | 2 | ||
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ARTICLE II - EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS |
2 | |||
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Section 2.1. |
Effect on Capital Stock | 2 | ||
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ARTICLE III - PAYMENT WITH RESPECT TO SHARES; OTHER CLOSING PAYMENTS; POST-CLOSING ADJUSTMENTS AND DISSENTING SHARES |
4 | |||
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Section 3.1. |
Payment with respect to Shares of Company Stock | 4 | ||
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Section 3.2. |
Options | 6 | ||
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Section 3.3. |
Warrants | 6 | ||
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Section 3.4. |
Appraisal Rights | 7 | ||
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Section 3.5. |
Payments at Closing for Indebtedness | 7 | ||
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Section 3.6. |
Payments at Closing for Expenses | 8 | ||
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Section 3.7. |
Estimated Working Capital Adjustment; EBITDA Adjustment Amount | 8 | ||
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Section 3.8. |
Post Closing Adjustments | 9 | ||
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Section 3.9. |
Holdback Amount | 10 | ||
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Section 3.10. |
Increase in Transaction Price | 11 | ||
| ARTICLE IV - REPRESENTATIONS AND WARRANTIES OF THE COMPANY | 11 | |||
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Section 4.1. |
Existence; Good Standing; Authority | 11 | ||
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Section 4.2. |
Capitalization | 13 | ||
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Section 4.3. |
Subsidiaries | 14 | ||
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Section 4.4. |
No Conflict; Consents | 14 | ||
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Section 4.5. |
Financial Statements; Off-Financial Statement Transactions; Interested Party Transactions | 15 | ||
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Section 4.6. |
Absence of Certain Changes | 16 | ||
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Section 4.7. |
Litigation | 16 | ||
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Section 4.8. |
Taxes | 16 | ||
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Section 4.9. |
Employee Benefit Plans | 19 | ||
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Section 4.10. |
Property | 21 | ||
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Section 4.11. |
Labor and Employment Matters | 22 | ||
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Section 4.12. |
Contracts and Commitments | 24 | ||
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Section 4.13. |
Intellectual Property | 25 | ||
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Section 4.14. |
Environmental Matters | 26 | ||
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Section 4.15. |
Insurance | 27 | ||
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Section 4.16. |
No Brokers | 28 | ||
i
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Section 4.17. |
Compliance with Laws | 28 | ||
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Section 4.18. |
Franchises and Company Licenses | 29 | ||
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Section 4.19. |
Systems | 30 | ||
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Section 4.20. |
Conduct of Business in Ordinary Course of Business | 31 | ||
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Section 4.21. |
Letters of Credit, Bonds, Etc. | 32 | ||
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Section 4.22. |
Accounts Receivable | 32 | ||
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Section 4.23. |
Assets of Company | 32 | ||
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Section 4.24. |
Exclusive Dealing | 32 | ||
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Section 4.25. |
Knowledge | 32 | ||
| ARTICLE V - REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGERCO | 33 | |||
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Section 5.1. |
Organization | 33 | ||
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Section 5.2. |
Authorization; Validity of Agreement; Necessary Action | 33 | ||
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Section 5.3. |
No Conflict; Consents | 34 | ||
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Section 5.4. |
Required Financing | 34 | ||
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Section 5.5. |
Brokers | 34 | ||
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Section 5.6. |
Litigation | 34 | ||
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Section 5.7. |
No Other Representations | 34 | ||
| ARTICLE VI - CONDUCT OF BUSINESS PENDING THE MERGER | 35 | |||
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Section 6.1. |
Conduct of Business Prior to Closing | 35 | ||
| ARTICLE VII - ADDITIONAL AGREEMENTS | 37 | |||
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Section 7.1. |
Stockholders Consent | 37 | ||
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Section 7.2. |
Access to Information and Systems | 38 | ||
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Section 7.3. |
Confidentiality | 38 | ||
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Section 7.4. |
Consents and Filings; Further Assurances | 38 | ||
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Section 7.5. |
Officers and Directors Indemnification | 41 | ||
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Section 7.6. |
Tax Matters | 43 | ||
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Section 7.7. |
Books and Records | 44 | ||
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Section 7.8. |
Employment Matters | 44 | ||
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Section 7.9. |
Interim Financial Statements; Other Reports; Audited Financial Statements | 45 | ||
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Section 7.10. |
Exclusivity | 45 | ||
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Section 7.11. |
Further Action | 46 | ||
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Section 7.12. |
Financing | 46 | ||
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Section 7.13. |
Supplemental Disclosure | 47 | ||
| ARTICLE VIII - CONDITIONS TO THE MERGER | 48 | |||
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Section 8.1. |
Conditions to the Obligations of Each Party to Effect the Merger | 48 | ||
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Section 8.2. |
Additional Conditions to Obligations of Parent and MergerCo to Effect the Merger | |||
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End of Preview |
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