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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 37KB of 220KB total |
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Price: |
$82 |
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ID: |
#2881165 |
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Start of Preview |
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RECITALS |
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ARTICLE I DEFINITIONS |
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1.1. Specific Definitions |
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1.2. Other Terms |
14 | |||
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1.3. Interpretation |
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ARTICLE II THE MERGER |
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2.1. The Merger |
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2.2. Closing |
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2.3. Effective Time |
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2.4. The Articles of Incorporation |
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2.5. The Bylaws |
16 | |||
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2.6. Directors |
16 | |||
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2.7. Officers |
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ARTICLE III MERGER CONSIDERATION; EXCHANGE OF SHARES |
17 | |||
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3.1. Effect on Capital Stock |
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3.2. Payment for Shares and Infrant Stock Options |
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3.3. Escrow Fund |
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3.4. Dissenting Shares |
22 | |||
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3.5. Adjustments to Prevent Dilution |
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ARTICLE IV REPRESENTATIONS AND WARRANTIES OF INFRANT |
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4.1. Organization, Good Standing and Qualification |
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4.2. Books and Records |
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4.3. Capital Structure |
24 | |||
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4.4. Corporate Authority; Approval and Fairness |
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4.5. No Conflict; Governmental Filings |
26 | |||
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4.6. Financial Statements |
27 | |||
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4.7. Undisclosed Liabilities; etc. |
27 | |||
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4.8. Absence of Certain Changes |
27 | |||
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4.9. Litigation and Liabilities |
30 | |||
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4.10. Employee Benefits |
30 | |||
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4.11. Compliance with Laws; Permits |
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4.12. Takeover Statutes |
32 | |||
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4.13. Material Contracts |
32 | |||
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4.14. Environmental Matters |
34 | |||
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4.15. Accounting and Tax Matters |
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4.16. Labor Matters |
36 | |||
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4.17. Insurance |
37 | |||
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4.18. Intellectual Property |
38 | |||
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4.19. Title to Properties; Encumbrances |
42 | |||
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4.20. Suppliers |
43 | |||
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4.21. Product Warranties |
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4.22. Certain Payments |
43 | |||
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4.23. Infrant Information Statement Sections |
43 | |||
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4.24. Brokers and Finders |
43 | |||
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ARTICLE V REPRESENTATIONS AND WARRANTIES OF NETGEAR AND MERGERSUB |
44 | |||
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5.1. Organization, Good Standing and Qualification |
44 | |||
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5.2. Corporate Authority |
44 | |||
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5.3. No Conflict; Governmental Filings |
45 | |||
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5.4. Capitalization of Merger Sub |
45 | |||
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5.5. SEC Filings |
45 | |||
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5.6. Undisclosed Liabilities; etc. |
46 | |||
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5.7. Absence of Certain Changes |
46 | |||
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5.8. Suppliers |
46 | |||
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5.9. Product Warranties |
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ARTICLE VI CONDUCT PRIOR TO CLOSING |
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6.1. Interim Operations of Infrant |
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6.2. Interim Operations of NETGEAR |
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ARTICLE VII ADDITIONAL AGREEMENTS |
50 | |||
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7.1. Information |
50 | |||
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7.2. Access |
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7.3. No Solicitation of Transactions |
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7.4. Regulatory Filings |
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7.5. Publicity |
52 | |||
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7.6. Tax Matters |
52 | |||
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7.7. Cooperation |
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7.8. Expenses |
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7.9. Information Statement |
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7.10. Investor Questionnaires |
54 | |||
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7.11. Resignations |
54 | |||
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7.12. Infrant Calculations |
54 | |||
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7.13. Business Conduct Covenants |
54 | |||
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7.14. Holders Release |
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7.15. Takeover Statute |
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7.16. Further Assurances |
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ARTICLE VIII CONTINGENT PAYMENTS |
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8.1. Selection Period |
56 | |||
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8.2. Adjusted Net Revenues Calculation |
57 | |||
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8.3. Contingent Payments |
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ARTICLE IX CONDITIONS |
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9.1. Conditions to Each Partys Obligation to Effect the Merger |
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9.2. Conditions to Obligations of NETGEAR and Merger Sub |
61 | |||
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9.3. Conditions to Obligation of Infrant |
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ARTICLE X TERMINATION |
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10.1. Termination by Mutual Consent |
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10.2. Termination by Either NETGEAR or Infrant |
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10.3. Termination by NETGEAR |
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10.4. Termination by Infrant |
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10.5. Effect of Termination and Abandonment |
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ARTICLE XI INDEMNIFICATION |
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11.1. Survival of Representations and Warranties, Covenants and Agreements; Right to Indemnification Not Affected by Knowledge |
64 | |||
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11.2. Indemnification by the Holders |
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11.3. Indemnification by NETGEAR |
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11.4. Procedures for Indemnification |
67 | |||
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11.5. Holders Representative |
69 | |||
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ARTICLE XII MISCELLANEOUS AND GENERAL |
70 | |||
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12.1. Modification or Amendment |
70 | |||
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12.2. Waiver of Conditions |
70 | |||
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12.3. Counterparts |
70 | |||
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12.4. GOVERNING LAW; JUDICIAL NOTICE; VENUE |
71 | |||
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12.5. Notices |
71 | |||
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12.6. Entire Agreement |
72 | |||
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12.7. No Third Party Beneficiaries |
72 | |||
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12.8. Obligations of NETGEAR and of Infrant |
73 | |||
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12.9. Severability |
73 | |||
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12.10. Assignment |
73 | |||
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12.11. Specific Performance |
73 | |||
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12.12. Schedules and Exhibits |
73 | |||
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