AGREEMENT AND PLAN OF MERGER BY AND AMONG SALAR, INC., THE PRINCIPAL STOCKHOLDERS, THE SELLERS' REPRESENTATIVE, TRANSCEND SERVICES, INC. AND SALAR ACQUISITION CORPORATIONAgreement and Plan of Merger • August 3rd, 2011 • Transcend Services Inc • Services-business services, nec • Maryland
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made as of July 29, 2011, by and among Salar, Inc., a Maryland corporation (the “Company”); the stockholders of the Company listed on the signatures pages hereto (the “Principal Stockholders”); Todd Johnson, an individual resident of the State of Maryland, as the Sellers' Representative (as defined herein); Transcend Services, Inc., a Delaware corporation (the “Buyer”); and Salar Acquisition Corporation, a Maryland corporation (the “Merger Sub”). The Company, the Principal Stockholders, the Sellers' Representative, the Buyer and the Merger Sub are each referred to herein as a “Party” and collectively as the “Parties.”
