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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: |
Preview shows 25KB of 244KB total |
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Price: |
$78 |
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ID: |
#2869376 |
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Start of Preview |
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Page
ARTICLE I
THE MERGER
| Section 1.1. | The Merger | 2 |
| Section 1.2. | Effective Time | 2 |
| Section 1.3. | Effects of the Merger | 2 |
| Section 1.4. | Subsequent Actions | 2 |
| Section 1.5. | Certificate of Incorporation; By-Laws; Directors and Officers | 3 |
| Section 1.6. | Conversion of Securities | 3 |
| Section 1.7. | Exchange of Certificates | 4 |
| Section 1.8. | Equity Compensation Plans | 7 |
| Section 1.9. | Time and Place of Closing | 8 |
ARTICLE II
REPRESENTATIONS AND WARRANTIES
OF MERGER SUB AND PARENT
| Section 2.1. | Organization | 8 |
| Section 2.2. | Authority | 9 |
| Section 2.3. | No Conflict; Required Filings and Consents | 9 |
| Section 2.4. | No Prior Activities | 10 |
| Section 2.5. | Brokers | 10 |
| Section 2.6. | Information Supplied | 10 |
| Section 2.7. | No Reliance | 11 |
| Section 2.8. | Interested Stockholder | 11 |
ARTICLE III
REPRESENTATIONS AND WARRANTIES OF THE COMPANY
| Section 3.1. | Organization and Qualification | 11 |
| Section 3.2. | Capitalization | 12 |
| Section 3.3. | Subsidiaries | 15 |
| Section 3.4. | Authority | 15 |
| Section 3.5. | No Conflict; Required Filings and Consents | 16 |
| Section 3.6. | SEC Filings; Financial Statements | 17 |
| Section 3.7. | Absence of Certain Changes or Events | 18 |
| Section 3.8. | Litigation | 20 |
| Section 3.9. | Employee Benefit Plans | 20 |
| Section 3.10. | Information Supplied | 23 |
| Section 3.11. | Conduct of Business; Permits; Compliance with Laws | 23 |
| Section 3.12. | Taxes | 24 |
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| Section 3.13. | Environmental Matters | 26 |
| Section 3.14. | Real Property; Title to Assets; Liens | 26 |
| Section 3.15. | Intellectual Property | 28 |
| Section 3.16. | Material Contracts | 31 |
| Section 3.17. | Insurance | 33 |
| Section 3.18. | Collective Bargaining; Labor Disputes; Compliance | 34 |
| Section 3.19. | Transactions with Affiliates | 36 |
| Section 3.20. | Brokers | 37 |
| Section 3.21. | Board Action | 37 |
| Section 3.22. | Opinion of Financial Advisor | 37 |
| Section 3.23. | Control Share Acquisition | 37 |
| Section 3.24. | Vote Required | 37 |
| Section 3.25. | Accounts Receivable | 38 |
| Section 3.26. | No Illegal Payments | 38 |
| Section 3.27. | Suppliers and Customers | 38 |
| Section 3.28. | Bank Accounts | 38 |
| Section 3.29. | Powers of Attorney | 38 |
ARTICLE IV
COVENANTS AND AGREEMENTS
| Section 4.1. | Conduct of Business by the Company Pending the Merger | 39 |
| Section 4.2. | No Solicitations | 42 |
ARTICLE V
ADDITIONAL AGREEMENTS
| Section 5.1. | Proxy Statement | 45 |
| Section 5.2. | Meeting of Stockholders of the Company | 46 |
| Section 5.3. | Additional Agreements | 46 |
| Section 5.4. | Notification of Certain Matters | 46 |
| Section 5.5. | Access to Information | 47 |
| Section 5.6 | Public Announcements | 47 |
| Section 5.7. | Approval and Consents; Cooperation | 47 |
| Section 5.8. | Further Assurances | 48 |
| Section 5.9. | Director and Officer Indemnification and Insurance | 48 |
| Section 5.10. | Continuation of Employee Benefits | 49 |
| Section 5.11. | Equity Compensation Plans | 49 |
| Section 5.12. | Takeover Statutes | 50 |
| Section 5.13 | Disposition of Litigation | 50 |
| Section 5.14. | Delisting | 50 |
| Section 5.15. | Resignations | 50 |
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ARTICLE VI
CONDITIONS OF MERGER
| Section 6.1. | Conditions to Each Party's Obligation to Effect the Merger | 50 |
| Section 6.2. | Additional Conditions to Obligation of the Company to Effect the Merger | 51 |
| Section 6.3. | Additional Conditions to Obligations of Parent and Merger Sub to Effect the Merger | 51 |
ARTICLE VII
TERMINATION, AMENDMENT AND WAIVER
| Section 7.1. | Termination | 53 |
| Section 7.2. | Effect of Termination | 55 |
| Section 7.3. | Termination Fee Payable in Certain Circumstances | 55 |
ARTICLE VIII
GENERAL PROVISIONS
| Section 8.1. | Non-Survival of Representations, Warranties and Agreements | 56 |
| Section 8.2. | Notices | 56 |
| Section 8.3. | Expenses | 57 |
| Section 8.4. | Definitions |
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End of Preview |
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