DEFINITIONS AND TERMS 2. Section 1.1 Definitions 2 Section 1.2 Other Definitional Provisions; Interpretation. 11 Article II. THE MERGER 12 Section 2.1 The Merger 12 Section 2.2 Closing 12 Section 2.3 Effective Time 12 Section 2.4 Certificate of Incorporation and By-laws of the Surviving Corporation 12 Section 2.5 Directors and Officers of the Surviving Corporation 13 Article III. CONVERSION OF SHARES 13 Section 3.1 Conversion of Capital Stock 13 Section 3.2 Exchange of Certificates Representing Common Stock; Payments 14 Section 3.3 Withholding Rights 16 Section 3.4 Equity-Based Awards 16 Section 3.5 Shares of Dissenting Stockholders 16 Article IV. REPRESENTATIONS AND WARRANTIES OF THE COMPANY 17 Section 4.1 Organization 17 Section 4.2 Capitalization. 18 Section 4.3 Authorization; Validity of Agreement; Company Action 18 Section 4.4 Consents and Approvals; No Violation 19 Section 4.5 SEC Reports; Internal Control 20 Section 4.6 Proxy Statement; Other Information 20 Section 4.7 No Undisclosed Liabilities 21 Section 4.8 Absence of Certain Changes 21 Section 4.9 Litigation; Orders. 21 Section 4.10 Compliance with Law 21 Section 4.11 Taxes 22 Section 4.12 Material Contracts 22 Section 4.13 Intellectual Property 23 Section 4.14 Real Property 23 Section 4.15 Existing Credit Agreement; No Contractual Impediments to Drawdown 24 Section 4.16 Brokers or Finders 25 Section 4.17 Opinion of Financial Advisor 25 Section 4.18 Takeover Statutes 25 Section 4.19 Stockholder Approval 25
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DEFINITIONS AND TERMS 2. Section 1.1 Definitions 2 Section 1.2 Other Definitional Provisions; Interpretation. 11 Article II. THE MERGER Interpretation 12 Section 2.1 The Merger 12 13 Section 2.2 Closing; Closing 12 Date 13 Section 2.3 Effective Time 12 13 Section 2.4 Certificate Effects of Incorporation the Merger 13 Section 2.5 Memorandum and By-laws Articles of Association of the Surviving Corporation 12 Company 14 Section 2.5 2.6 Directors and Officers of the Surviving Corporation 13 Article III. CONVERSION OF SHARES 13 Company 14 Section 2.7 No Shareholder Vote 14 Section 3.1 Conversion Treatment of Capital Stock 13 Company Securities and Merger Considerations 14 Section 3.2 Exchange of Certificates Representing Common StockShares; Payments 14 15 Section 3.3 Treatment of Equity Awards 19 Section 3.4 Dissenting Shares 20 Section 3.5 Withholding Rights 16 21 Section 3.4 Equity-Based Awards 16 3.6 Termination of Deposit Agreement 21 Section 3.5 Shares of Dissenting Stockholders 16 Article IV. REPRESENTATIONS AND WARRANTIES OF THE COMPANY 17 3.7 No Further Dividends 22 Section 3.8 Merger Consideration and Fair Value 22 Section 4.1 Organization 17 22 Section 4.2 Capitalization. 18 Memorandum and Articles of Association 22 Section 4.3 Capitalization 23 Section 4.4 Authorization; Validity of Agreement; Company Action 18 Opinion of Financial Advisor 24 Section 4.4 4.5 Subsidiaries 25 Section 4.6 Consents and Approvals; No Violation 19 25 Section 4.5 4.7 SEC Reports; Internal Control 20 26 Section 4.6 Proxy Statement; Other 4.8 Information 20 in Schedule 13E-3 27 Section 4.7 4.9 No Undisclosed Liabilities 21 27 Section 4.8 4.10 Absence of Certain Changes 21 27 Section 4.9 4.11 Litigation; Orders. 21 Orders 28 Section 4.10 4.12 Compliance with Law 21 28 Section 4.11 4.13 Taxes 22 28 Section 4.12 4.14 Material Contracts 22 29 Section 4.13 4.15 Intellectual Property 23 30 Section 4.14 4.16 Real Property 23 30 Section 4.15 Existing Credit Agreement; No Contractual Impediments to Drawdown 24 Section 4.16 4.17 Brokers or Finders 25 Section 4.17 Opinion of Financial Advisor 25 31 Section 4.18 Takeover Antitakeover Statutes 25 31 Section 4.19 Stockholder Approval 25Insurance 31 Section 4.20 Employee Matters 31 Section 4.21 Environmental Matters 31 Section 4.22 Variable Interest Entities 32 Section 4.23 No Additional Representations 32 Section 5.1 Organization 32 Section 5.2 Authorization; Validity of Agreement; Necessary Action 33 Section 5.3 Capitalization 33 Section 5.4 Consents and Approvals; No Violations 33 Section 5.5 Information in Schedule 13E-3 34 Section 5.6 Brokers or Finders 34 Section 5.7 Share Ownership 34 Section 5.8 Certain Contracts 34 Section 5.9 Limited Guarantee 35 Section 5.10 Independent Investigation 35 Section 5.11 Non-Reliance on Company Estimates 35 Section 5.12 Financing 36 Section 5.13 Solvency 36 Section 5.14 Absence of Litigation 36 Section 5.15 No Other Representations 37
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DEFINITIONS AND TERMS 2. Section 1.1 Definitions 1.01 Certain Defined Terms 2 Section 1.2 Other Definitional Provisions; Interpretation. 11 Article II. 1.02 Computation of Time Periods 44 Section 1.03 Accounting Terms 44 Section 1.04 Terms Generally 44 ARTICLE II THE MERGER 12 TERMS OF THE CREDIT FACILITY 44 Section 2.1 The Merger 12 Section 2.2 Closing 12 Section 2.3 Effective Time 12 Section 2.4 Certificate of Incorporation and By-laws 2.01 Establishment of the Surviving Corporation 12 Credit Facility 44 Section 2.5 Directors 2.02 Revolving Facility 45 Section 2.03 Term Loan 45 Section 2.04 Swing Line Facility 45 Section 2.05 Letters of Credit 47 Section 2.06 Notice of Borrowing 51 Section 2.07 Funding Obligations; Disbursement of Funds 52 Section 2.08 Evidence of Obligations 53 Section 2.09 Interest; Default Rate 54 Section 2.10 Conversion and Officers Continuation of the Surviving Corporation 13 Article IIILoans 55 Section 2.11 Fees 56 Section 2.12 Termination and Reduction of Revolving Commitments 57 Section 2.13 Voluntary, Scheduled and Mandatory Prepayments of Loans 57 Section 2.14 Method and Place of Payment 63 Section 2.15 Defaulting Lenders 63 Section 2.16 Cash Collateral 66 Section 2.17 Increase in Commitments 66 Section 2.18 Revolving Loan Maturity Extension 69 Section 2.19 Term Loan Amend and Extend Transactions 71 ARTICLE III INCREASED COSTS, ILLEGALITY AND TAXES 73 Section 3.01 Increased Costs, Illegality, etc. CONVERSION OF SHARES 13 73 Section 3.1 Conversion 3.02 Breakage Compensation 75 Section 3.03 Net Payments 75 Section 3.04 Increased Costs to LC Issuers 79 Section 3.05 Change of Capital Stock 13 Lending Office; Replacement of Lenders 79 ARTICLE IV CONDITIONS PRECEDENT 80 Section 3.2 Exchange of Certificates Representing Common Stock; Payments 14 4.01 Conditions Precedent at Closing Date 80 Section 3.3 Withholding Rights 16 Section 3.4 Equity-Based Awards 16 Section 3.5 Shares of Dissenting Stockholders 16 Article IV. 4.02 Conditions Precedent to All Credit Events 83 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE COMPANY 17 84 Section 4.1 Organization 17 5.01 Corporate Status 84 Section 4.2 Capitalization. 18 5.02 Corporate Power and Authority 84 Section 4.3 Authorization; Validity of Agreement; Company Action 18 Section 4.4 Consents and Approvals; 5.03 No Violation 19 84 Section 4.5 SEC Reports5.04 Governmental Approvals 84 Section 5.05 Litigation 85 Section 5.06 Use of Proceeds; Internal Control 20 Margin Regulations 85 Section 4.6 Proxy Statement; Other Information 20 5.07 Financial Statements 85 Section 4.7 5.08 Solvency 86 Section 5.09 No Undisclosed Liabilities 21 Section 4.8 Absence of Certain Changes 21 Section 4.9 Litigation; Orders. 21 Section 4.10 Compliance with Law 21 Section 4.11 Taxes 22 Section 4.12 Material Contracts 22 Section 4.13 Intellectual Property 23 Section 4.14 Real Property 23 Section 4.15 Existing Credit Agreement; No Contractual Impediments to Drawdown 24 Section 4.16 Brokers or Finders 25 Section 4.17 Opinion of Financial Advisor 25 Section 4.18 Takeover Statutes 25 Section 4.19 Stockholder Approval 25Adverse Change 86
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