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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: |
233KB total |
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Price: |
$52 |
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ID: |
#2966902 |
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Start of Preview |
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Page | ||
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ARTICLE I |
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THE MERGER |
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1.1 |
The Merger; Effective Time of the Merger |
1 |
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1.2 |
Closing |
1 |
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1.3 |
Effect of the Merger |
2 |
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1.4 |
Certificate of Incorporation and Bylaws |
2 |
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1.5 |
Directors and Officers |
2 |
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1.6 |
Convertible Debentures |
2 |
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ARTICLE II | ||
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EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE COMPANY AND
MERGER SUB; EXCHANGE OF CERTIFICATES | ||
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2.1 |
Effect of the Merger on Capital Stock |
3 |
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2.2 |
Appraisal Rights |
4 |
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2.3 |
Treatment of Company Options |
4 |
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2.4 |
Treatment of Restricted Company Common Stock |
5 |
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2.5 |
Payment for Performance Units |
5 |
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2.6 |
Payment for Securities |
5 |
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ARTICLE III | ||
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REPRESENTATIONS AND WARRANTIES | ||
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3.1 |
Representations and Warranties of the Company |
9 |
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3.2 |
Representations and Warranties of Parent and Merger Sub |
27 |
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ARTICLE IV | ||
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COVENANTS RELATING TO CONDUCT OF BUSINESS PENDING THE MERGER | ||
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4.1 |
Conduct of Business by the Company Pending the Merger |
30 |
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4.2 |
No Solicitation |
35 |
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ARTICLE V | ||
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ADDITIONAL AGREEMENTS | ||
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5.1 |
Preparation of Proxy Statement |
38 |
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5.2 |
Access to Information |
39 |
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5.3 |
Stockholders' Meeting and Board Recommendation |
40 |
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5.4 |
Regulatory Approvals |
40 |
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5.5 |
Employee Matters |
43 |
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5.6 |
Indemnification; Directors' and Officers' Insurance |
44 |
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5.7 |
Agreement to Defend |
46 |
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5.8 |
Public Announcements |
47 |
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5.9 |
Advice of Certain Matters; Control of Business |
47 |
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5.10 |
Conveyance Taxes |
47 |
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5.11 |
Investigation by Parent and Merger Sub; No Other Representations or Warranties |
47 |
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5.12 |
Financing |
48 |
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5.13 |
Reasonable Best Efforts; Notification |
49 |
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5.14 |
Rule 16b-3 |
51 |
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5.15 |
New Jersey Industrial Site Recovery Act |
51 |
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5.16 |
Tender Offer |
51 |
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5.17 |
Business of Parent |
53 |
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ARTICLE VI | ||
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CONDITIONS PRECEDENT | ||
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6.1 |
Conditions to Each Party's Obligation to Effect the Merger |
53 |
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6.2 |
Additional Conditions to Obligations of Parent and Merger Sub |
54 |
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6.3 |
Additional Conditions to Obligations of the Company |
55 |
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ARTICLE VII | ||
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TERMINATION | ||
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7.1 |
Termination |
55 |
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7.2 |
Notice of Termination; Effect of Termination |
57 |
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7.3 |
Expenses and Other Payments |
57 |
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ARTICLE VIII | ||
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GENERAL PROVISIONS | ||
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8.1 |
Schedule Definitions |
58 |
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8.2 |
Nonsurvival of Representations, Warranties and Agreements |
58 |
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8.3 |
Notices |
58 |
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8.4 |
Rules of Construction |
59 |
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8.5 |
Counterparts |
61 |
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8.6 |
Entire Agreement; No Third Party Beneficiaries |
61 |
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8.7 |
Governing Law; Venue; Waiver of Jury Trial |
61 |
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8.8 |
No Remedy in Certain Circumstances |
62 |
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8.9 |
Assignment |
63 |
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8.10 |
Affiliate Liability |
63 |
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8.11 |
Specific Performance |
63 |
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8.12 |
Joint Liability |
63 |
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8.13 |
Amendment |
63 |
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8.14 |
Extension; Waiver |
64 |
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Definition |
Section |
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Adverse Recommendation Change |
37 |
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Affiliate |
8 |
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Agreement |
1 |
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Alternate Financing |
50 |
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Annual Report |
33 |
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Antitrust Authority |
42 |
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Antitrust Laws |
42 |
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Antitrust Prohibition |
42 |
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Appraisal Shares |
4 |
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Book-Entry Shares |
6 |
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Business Day |
2 |
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Cap Amount |
47 |
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Certificate of Merger |
1 |
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Certificates |
6 |
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Closing |
1 |
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Closing Date |
2 |
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Code |
19 |
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Company |
1 |
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Company Affiliate |
64 |
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Company Bylaws |
10 |
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Company Certificate of Incorporation |
10 |
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Company Common Stock |
3 |
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Company Contracts |
26 |
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Company Convertible Notes |
2 |
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Company Disclosure Letter |
9 |
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Company Intellectual Property |
23 |
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Company Material Adverse Effect |
10 |
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Company Permits |
16 |
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Company Preferred Stock |
11 |
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Company Required Vote |
39 |
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Company SEC Documents |
14 |
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Company Stock Option |
5 |
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Company Stock Plans |
5 |
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Company Termination Fee |
58 |
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Confidentiality Agreement |
40 |
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Continuing Directors |
53 |
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Convertible Note Notice Date |
3 |
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Corporate Officers |
34 |
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Debt Commitment Letter |
29 |
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Debt Financing |
49 |
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DGCL |
1 |
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Divestiture Action |
42 |
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Effective Time |
1 |
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Employee Benefit Plan |
19 |
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Encumbrances |
12 |
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Environmental Laws |
24 |
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ERISA |
19 |
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ERISA Affiliate |
19 |
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Exchange Act |
13 |
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Fin 48 |
33 |
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First Eligible Closing Date |
2 |
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Foreign Benefit Plan |
19 |
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GAAP |
14 |
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Governmental Entity |
13 |
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Hazardous Materials |
24 |
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Indemnified Liabilities |
46 |
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Indemnified Persons |
45 |
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Indenture |
2 |
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Intellectual Property |
23 |
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Interim Period |
53 |
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ISRA |
52 |
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knowledge |
17 |
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Letter of Transmittal |
6 |
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Marketing Period |
2 |
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Material Leased Real Property |
26 |
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Material Real Property Lease |
27 |
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Merger |
1 |
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Merger Consideration |
3 |
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Merger Sub |
1 |
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Minimum Condition |
52 |
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New Commitment Letter |
50 |
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New Jersey Property |
52 |
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Notice of Adverse Recommendation Change |
37 |
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Option Consideration |
5 |
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Option Surrender Agreement |
5 |
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Owned Real Property |
26 |
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Parent |
1 |
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Parent Closing Option |
2 |
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Parent Disclosure Letter |
27 |
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Parent Financial Statements |
31 |
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Parent Group |
43 |
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Parent Material Adverse Effect |
27 |
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Paying Agent |
6 |
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Payment Fund |
6 |
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PBGC |
20 |
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Performance Unit Consideration |
5 |
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Performance Units |
5 |
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Permitted Encumbrances |
24 |
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Person |
7 |
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Premerger Notification Rules |
41 |
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Proxy Statement |
13 |
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Quarterly Report |
33 |
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Release |
24 |
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Representatives |
40 |
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Right |
12 |
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Rights Agreement |
12 |
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Rights Agreement Amendment |
27 |
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Sarbanes-Oxley Act |
14 |
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SEC |
14 |
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Section 203 |
26 |
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Securities Act |
14 |
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Significant Subsidiary |
10 |
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Subsidiary |
11 |
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Superior Proposal |
39 |
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Surviving Corporation |
2 |
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Takeover Proposal |
38 |
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Tax Returns |
18 |
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Taxes |
18 |
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Tender Offeror |
52 |
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Terminable Breach |
57 |
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Termination Date |
57 |
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Third Party |
39 |
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Title IV Plan |
20 |
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Transaction Agreements |