Preview | Agreement and Plan of Merger |

1.01.... The Merger.......................................................................................... 2

1.02.... Closing................................................................................................ 2

1.03.... Effective Time of the Merger.............................................................. 2

1.04.... Effects of the Merger.......................................................................... 2

1.05.... Certificate of Incorporation; By-Laws; Purposes............................... 2

1.06.... Directors............................................................................................. 3

1.07.... Officers............................................................................................... 3

ARTICLE II. EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE

CONSTITUENT CORPORATIONS............................................... 3

2.01.... Effect on Capital Stock........................................................................ 3

2.02.... Exchange of Certificates...................................................................... 4

2.03.... Treatment of Company Options and Company Warrants..................... 7

2.04.... Dissenting Shares................................................................................ 7

2.05.... Withholding Rights.............................................................................. 8

ARTICLE III. REPRESENTATIONS AND WARRANTIES.............................. 8

3.01.... Representations and Warranties of the Company and its Subsidiaries8

3.02.... Representations and Warranties of Parent and Merger Sub.............. 21

ARTICLE IV. COVENANTS RELATING TO CONDUCT OF BUSINESS PRIOR

TO MERGER.............................................................................. 27

4.01.... Conduct of Business by the Company............................................... 27

ARTICLE V. ADDITIONAL AGREEMENTS.................................................. 30

5.01.... Preparation of Form S-4 and Stockholder Statement; Stockholder

Meeting................................................................................... 30

5.02.... Access to Information; Confidentiality............................................. 31

5.03.... Reasonable Best Efforts................................................................... 31

5.04.... Indemnification................................................................................. 32

5.05.... Public Announcements...................................................................... 33

5.06.... No Solicitation.................................................................................. 33

5.07.... Letters of the Company's Accountants............................................... 34

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5.08.... Letters of Parent's Accountants.......................................................... 34

5.09.... Information Supplied......................................................................... 34

5.10.... Exemption from Liability Under Section 16(b)................................. 35

5.11.... Repayment of Certain Company Payables......................................... 35

5.12.... Affiliates Letters................................................................................ 35

5.13.... Termination of Company Plans......................................................... 36

ARTICLE VI. CONDITIONS PRECEDENT..................................................... 36

6.01.... Conditions to each Party's Obligation to Effect the Merger............... 36

6.02.... Conditions to Obligations of Parent and Merger Sub........................ 37

6.03.... Conditions to Obligations of the Company........................................ 40

ARTICLE VII. TERMINATION, AMENDMENT, AND WAIVER................... 41

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