Preview | Agreement and Plan of Merger |

TABLE OF CONTENTS


	Page
ARTICLE I THE MIGRATORY MERGER		1
Section 1.1. The Migratory Merger		1
Section 1.2. Effective Time of the Migratory Merger		1
Section 1.3. Effects of the Migratory Merger		2
Section 1.4. Closing of the Migratory Merger		2
Section 1.5. Certificate of Incorporation		2
Section 1.6. By-laws		2
Section 1.7. Board of Directors		2
Section 1.8. Effect on Capital Stock		2
ARTICLE II THE ACQUISITION MERGER		3
Section 2.1. The Acquisition Merger		3
Section 2.2. Effective Time of the Acquisition Merger		3
Section 2.3. Effects of the Acquisition Merger		3
Section 2.4. Closing of the Acquisition Merger		3
Section 2.5. Certificate of Incorporation		3
Section 2.6. By-laws		3
Section 2.7. Board of Directors		3
Section 2.8. Effect on Capital Stock		4
Section 2.9. Surrender of Shares		5
Section 2.10. Treatment of Equity-Based Compensation		8
ARTICLE III REPRESENTATIONS AND WARRANTIES OF BANKNORTH		8
Section 3.1. Corporate Organization		8
Section 3.2. Capitalization		10
Section 3.3. Authority; No Violation		11
Section 3.4. Consents and Approvals		13
Section 3.5. SEC Documents; Other Reports; Internal and Disclosure Controls		14
Section 3.6. Financial Statements; Undisclosed Liabilities		16
Section 3.7. Brokers Fees		17
Section 3.8. Absence of Certain Changes or Events		17
Section 3.9. Legal Proceedings		17
Section 3.10. Taxes		18
Section 3.11. Employees; Employee Benefit Plans		19
Section 3.12. Board Approval		21
Section 3.13. Takeover Statutes		21
Section 3.14. Compliance With Applicable Law		21
Section 3.15. Certain Contracts		22
Section 3.16. Agreements With Regulatory Agencies		23
Section 3.17. Banknorth Information		24
Section 3.18. Title to Property		24


	Page
Section 3.19. Insurance		25
Section 3.20. Environmental Liability		25
Section 3.21. Opinions of Financial Advisors		26
Section 3.22. Patents, Trademarks, Etc		26
Section 3.23. Labor Matters		26
Section 3.24. Derivative Instruments and Transactions		26
Section 3.25. Investment Adviser Subsidiaries		27
Section 3.26. Loan Matters		28
Section 3.27. Approvals		29
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF TD		29
Section 4.1. Corporate Organization		29
Section 4.2. Capitalization		30
Section 4.3. Authority; No Violation		31
Section 4.4. Consents and Approvals		32
Section 4.5. Public Documents; Other Reports		33
Section 4.6. Financial Statements; Undisclosed Liabilities		34
Section 4.7. Absence of Certain Changes or Events		35
Section 4.8. Brokers		35
Section 4.9. Legal Proceedings		35
Section 4.10. Compliance With Applicable Law		36
Section 4.11. Agreements With Regulatory Agencies		36
Section 4.12. TD Information		36
Section 4.13. Taxes		37
Section 4.14. Financing		37
Section 4.15. Approvals		37
ARTICLE V COVENANTS RELATING TO CONDUCT OF BUSINESS		37
Section 5.1. Conduct of Business Prior to the Effective Time		37
Section 5.2. Banknorth Forbearances		37
Section 5.3. No Fundamental TD Changes		42
ARTICLE VI ADDITIONAL AGREEMENTS		42
Section 6.1. Regulatory Matters		42
Section 6.2. Access to Information		43
Section 6.3. Shareholder Approval		45
Section 6.4. Acquisition Proposals		46
Section 6.5. Legal Conditions to Merger		48
Section 6.6. Affiliates		48
Section 6.7. Indemnification; Directors and Officers Insurance		49
Section 6.8. Advice of Changes		50
Section 6.9. Financial Statements and Other Current Information		50
Section 6.10. Stock Exchange Listing		51
Section 6.11. TD Board Appointment; Banknorth Board Composition		51
Section 6.12. Transition Committee

End of Preview

Home Intelligence Services Subscriptions News About Us