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Agreement and Plan of Merger and Reorganization

 

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Title:

Agreement and Plan of Merger and Reorganization

Entities:

FLIR Systems, Inc.; Lehman Brothers Inc.; Wilson Sonsini Goodrich & Rosati

Date:

2004

Size:

Preview shows 53KB of 154KB total

Price:

$56

ID:

#410525

 

 

► Plans ► Agreements ► Merger ► Agreements & Plans of Merger & Reorganization
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AGREEMENT AND PLAN OF

 

MERGER AND REORGANIZATION

 

BY AND AMONG

 

FLIR SYSTEMS, INC.,

 

INDIGO SYSTEMS CORPORATION,

 

FIJI SUB, INC.

 

AND

 

WILLIAM PARRISH, AS SHAREHOLDERS? AGENT

 

OCTOBER 21, 2003


TABLE OF CONTENTS

 

                Page

ARTICLE I. THE MERGER

   1
      

Section 1.1.

 

The Merger

   1
      

Section 1.2.

 

Closing

   2
      

Section 1.3.

 

Effective Time

   2
      

Section 1.4.

 

Effect of the Merger

   2
      

Section 1.5.

 

Articles of Incorporation; Bylaws

   2
      

Section 1.6.

 

Directors; Officers

   2
      

Section 1.7.

 

Merger Consideration; Effect on Capital Stock

   3
      

Section 1.8.

 

Surrender of Certificates

   5
      

Section 1.9.

 

No Further Ownership Rights in Company Capital Stock

   6
      

Section 1.10.

 

Lost, Stolen or Destroyed Certificates

   6
      

Section 1.11.

 

Taking of Necessary Action; Further Action

   7
      

Section 1.12.

 

Shareholder Agreements

   7
      

Section 1.13.

 

Employee Bonus

   7

ARTICLE II. REPRESENTATIONS AND WARRANTIES OF THE COMPANY

   7
      

Section 2.1.

 

Organization, Standing and Power

   8
      

Section 2.2.

 

Authority

   8
      

Section 2.3.

 

Capitalization; Title to the Shares

   9
      

Section 2.4.

 

Financial Statements

   10
      

Section 2.5.

 

Absence of Certain Changes

   11
      

Section 2.6.

 

Absence of Undisclosed Liabilities

   12
      

Section 2.7.

 

Material Contracts

   12
      

Section 2.8.

 

No Breach of Material Contracts

   13
      

Section 2.9.

 

Material Third Party Consents

   13
      

Section 2.10.

 

Litigation

   14
      

Section 2.11.

 

Restrictions on Business Activities

   14
      

Section 2.12.

 

Governmental Authorization

   14
      

Section 2.13.

 

Compliance With Laws

   14
      

Section 2.14.

 

Title to Property

   14
      

Section 2.15.

 

Intellectual Property

   15
      

Section 2.16.

 

Environmental Matters

   16
      

Section 2.17.

 

Taxes

   17
      

Section 2.18.

 

Employee Benefit Plans

   18
      

Section 2.19.

 

Employee Matters

   19
      

Section 2.20.

 

Interested Party Indebtedness

   19
      

Section 2.21.

 

Insurance

   19
      

Section 2.22.

 

Minute Books

   20
      

Section 2.23.

 

Brokers? and Finders? Fees

   20
      

Section 2.24.

 

Products; Product Warranties

   20

 

-i-


      

Section 2.25.

  

Information Furnished

   20

ARTICLE III. REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB

   20
      

Section 3.1.

  

Organization, Standing and Power

   20
      

Section 3.2.

  

Capital Structure

   21
      

Section 3.3.

  

Authority

   21
      

Section 3.4.

  

SEC Documents; Financial Statements

   22
      

Section 3.5.

  

Absence of Undisclosed Liabilities

   23
      

Section 3.6.

  

Broker?s and Finders? Fees

   23
      

Section 3.7.

  

Shareholder Approval

   23
      

Section 3.8.

  

Approval

   23
      

Section 3.9.

  

Absence of Certain Changes

   23
      

Section 3.10.

  

Financing

   24

ARTICLE IV. CONDUCT PRIOR TO THE CLOSING DATE

   24
      

Section 4.1.

  

Conduct of Business of the Company

   24
      

Section 4.2.

  

Restriction on Conduct of Business of the Company

   24
      

Section 4.3.

  

Solicitation

   26
      

Section 4.4.

  

Shareholder Approval

   27

ARTICLE V. ADDITIONAL AGREEMENTS

   27
      

Section 5.1.

  

Preparation of Information Statement

   27
      

Section 5.2.

  

Information Supplied

   28
      

Section 5.3.

  

Access to Information

   28
      

Section 5.4.

  

Confidentiality

   29
      

Section 5.5.

  

Public Disclosure

   29
      

Section 5.6.

  

HSR Act

   30
      

Section 5.7.

  

Consents; Cooperation

   30
      

Section 5.8.

  

Legal Requirements

   31
      

Section 5.9.

  

Form S-8

   31
      

Section 5.10.

  

Company Options

   31
      

Section 5.11.

  

Reasonable Efforts and Further Assurances

   32
      

Section 5.12.

  

Indemnification of Directors and Officers

   32
      

Section 5.13.

  

FIRPTA Certificate

   32
      

Section 5.14.

  

Employment Matters

   33
      

Section 5.15.

  

Advice of Changes

   33

ARTICLE VI. CONDITIONS TO THE CLOSING

   33
      

Section 6.1.

  

Conditions to Obligations of Each Party to Effect the Merger


 

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