MERGER AGREEMENT BETWEEN LAWSON SOFTWARE, INC., CIRCLE ACQUISITION, INC., CLOSEDLOOP SOLUTIONS, INC., GREGORY SANDS, AS THE STOCKHOLDERS' REPRESENTATIVE, AND THE PRINCIPAL STOCKHOLDERS September 25, 2003Merger Agreement • October 6th, 2003 • Lawson Software Inc • Services-prepackaged software • Minnesota
This MERGER AGREEMENT (this "Agreement") among Lawson Software, Inc., a Delaware corporation (the "Parent"), Circle Acquisition, Inc., a Delaware corporation and wholly-owned subsidiary of Parent (the "Merger Sub"), Closedloop Solutions, Inc., a Delaware corporation (the "Target"), Gregory Sands as the Stockholders' Representative, Draper Fisher Jurvetson Fund VI, L.P., a California limited partnership, Draper Fisher Jurvetson Fund VI, LLC, a California limited liability company, Sutter Hill Ventures, a California limited partnership, Sutter Hill Entrepreneurs Fund (AI), L.P., a California limited partnership, and Sutter Hill Entrepreneurs Fund (QP), L.P., a California limited partnership (each, a "Principal Stockholder" and, collectively, the "Principal Stockholders") takes effect on September 25, 2003. The Parent, the Merger Sub, the Target and the Principal Stockholders are referred to individually as a "Party" and collectively as the "Parties."
