Preview | Acquisition Agreement |

Table of Contents


	Page

ARTICLE I PURCHASE AND SALE OF THE EQUITY INTERESTS		2
Section 1.1 Time and Place of Closing		2
Section 1.2 Purchase and Sale of Units and Blocker Interests		2
Section 1.3 Cash in Lieu of Fractional Shares		5
Section 1.4 Treatment of Options and other Unit-based Company Plans		6
Section 1.5 Purchase Price Adjustment		6
Section 1.6 Purchase Price Allocations		9
Section 1.7 Preliminary Information		9
Section 1.8 Sellers Closing Deliverables		10
Section 1.9 Buyers Closing Deliverables		10
Section 1.10 FIRPTA Certificates		11
Section 1.11 Withholding		11

ARTICLE II REPRESENTATIONS AND WARRANTIES OF EACH SELLER		11
Section 2.1 Organization; Etc		11
Section 2.2 Authority Relative to this Agreement		12
Section 2.3 Ownership of Equity Interests		12
Section 2.4 Consents and Approvals; No Violations		13
Section 2.5 Accredited Investors		13
Section 2.6 Brokers; Finders and Fees		13

ARTICLE III REPRESENTATIONS AND WARRANTIES OF EACH BLOCKER VEHICLE		14
Section 3.1 No Other Assets		14
Section 3.2 Tax Matters		14
Section 3.3 Percentage Outstanding		14

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF GENCO		14
Section 4.1 Organization; Etc		14
Section 4.2 Authority Relative to this Agreement		15
Section 4.3 Capitalization		16
Section 4.4 Consents and Approvals; No Violations		17
Section 4.5 Reports and Financial Statements		18
Section 4.6 Absence of Undisclosed Liabilities		19
Section 4.7 Absence of Certain Changes		20
Section 4.8 Litigation		20
Section 4.9 Compliance with Law		20
Section 4.10 Employee Benefit Plans		21
Section 4.11 Labor and Employment Matters		23
Section 4.12 Taxes		24
Section 4.13 Title, Ownership and Related Matters		25
Section 4.14 Environmental		27
Section 4.15 Intellectual Property		29


Section 4.16 Contracts			29
Section 4.17 Insurance			31
Section 4.18 Regulatory Matters			31
Section 4.19 Affiliate Transactions			34
Section 4.20 Derivative Products			35
Section 4.21 Brokers; Finders and Fees			35

ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER			35
Section 5.1 Organization; Etc			35
Section 5.2 Authority Relative to this Agreement			36
Section 5.3 Capitalization			37
Section 5.4 Consents and Approvals; No Violations			38
Section 5.5 Reports and Financial Statements			38
Section 5.6 Absence of Undisclosed Liabilities			39
Section 5.7 Absence of Certain Changes			40
Section 5.8 Financing			40
Section 5.9 Litigation			41
Section 5.10 Compliance with Law			41
Section 5.11 Employee Benefit Plans			41
Section 5.12 Labor and Employment Matters			43
Section 5.13 Taxes			43
Section 5.14 Environmental			44
Section 5.15 Contracts			45
Section 5.16 Regulatory Matters			45
Section 5.17 Buyers ERCOT Generation			46
Section 5.18 Affiliate Transactions			46
Section 5.19 Derivative Products			47
Section 5.20 Investigation by Buyer			47
Section 5.21 Brokers; Finders and Fees			48

ARTICLE VI COVENANTS OF THE PARTIES			49
Section 6.1 Operating Covenants of Genco			49
Section 6.2 Operating Covenants of Buyer			53
Section 6.3 Access to Information			54
Section 6.4 Consents; Cooperation			55
Section 6.5 NRC Approval			58
Section 6.6 Reasonable Best Efforts			59
Section 6.7 Public Announcements			59
Section 6.8 Cooperation with Financing			59
Section 6.9 Employees; Employee Benefits

End of Preview

Home Intelligence Services Subscriptions News About Us