AGREEMENT AND PLAN OF MERGER by and among ARIEL WAY, INC., SYREI ACQUISITION LTD., SYREI HOLDING UK LIMITED, SYREI AB, AND SYREI LIMITED Dated as of January 31, 2008 Page 1 of 36Agreement and Plan of Merger • February 22nd, 2008 • Ariel Way Inc • Patent owners & lessors
Note: Prior to entering into this Agreement the Buyer and its advisors have conducted a due diligence investigation of the Company and the Company Sub as per November 30, 2007. Notwithstanding anything stated contrary in this Agreement or elsewhere, the Stockholder, Company and/or Company Sub shall have no liability whatsoever for any Damages relating to or based on facts or circumstances which have been fully disclosed and made available to Buyer or Buyer Sub.
