REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB 27. Section 4.1 Organization 27 Section 4.2 Corporate Authority Relative to this Agreement; Consents and Approvals; No Violation 28 Section 4.3 Litigation 29 Section 4.4 Parent and Merger Sub Information 29 Section 4.5 Finders or Brokers 29 Section 4.6 Financing; Solvency 29 Section 4.7 Guarantee 31 Section 4.8 Merger Sub 31 Section 4.9 Certain Arrangements 32 Section 4.10 Ownership of Company Common Shares 32 Section 4.11 Investigation; No Other Representations 32 Section 4.12 No Other Representations or Warranties 33 ARTICLE V. COVENANTS AND AGREEMENTS 34 Section 5.1 Conduct of Business 34 Section 5.2 Access 38 Section 5.3 No Solicitation 39 Section 5.4 Written Consent; Information Statement 42 Section 5.5 Employee Matters 43 Section 5.6 Regulatory Approvals; Efforts 44 Section 5.7 Takeover Statutes; Rights Agreement Amendment 47 Section 5.8 Public Announcements 47 Section 5.9 Indemnification and Insurance 48 Section 5.10 Financing and Financing Cooperation 49 Section 5.11 Transaction Litigation 52 Section 5.12 Obligations of Merger Sub 53 Section 5.13 Stock Exchange Delisting; ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ Section 5.14 Section 16 Matters 53 Section 5.15 VKidz 53 Section 5.16 Majority Stockholder Agreements 54 Section 5.17 Resignations 54 Section 5.18 Notification of Certain Events 54 Section 5.19 Confidentiality 55 ARTICLE VI. CONDITIONS TO THE MERGER 55 Section 6.1 Conditions to Each Party’s Obligation to Effect the Merger 55 Section 6.2 Conditions to Obligation of the Company to Effect the Merger 56 Section 6.3 Conditions to Obligation of Parent to Effect the Merger 56 Section 6.4 Waiver of Conditions; Frustration of Purpose 57 ARTICLE VII. TERMINATION 57 Section 7.1 Termination or Abandonment 57 Section 7.2 Effect of Termination 59 Section 7.3 Termination Fees and Expense Reimbursement 59 ARTICLE VIII. MISCELLANEOUS 62 Section 8.1 No Survival 62 Section 8.2 Expenses; Transfer Taxes 63 Section 8.3 Counterparts; Effectiveness 63 Section 8.4 Governing Law; Jurisdiction 63 Section 8.5 Remedies 64 Section 8.6 WAIVER OF JURY TRIAL 65 Section 8.7 Notices 65 Section 8.8 Assignment; Binding Effect 67 Section 8.9 Severability 67 Section 8.10 Entire Agreement 67 Section 8.11 Amendments; Waivers 67 Section 8.12 Headings 68 Section 8.13 No Third-Party Beneficiaries 68 Section 8.14 Interpretation 68 Section 8.15 Conflicts; Privilege 69 Section 8.16 Non-Recourse 70 Section 8.17 Definitions 70 EXHIBITS: Exhibit A - Form of Certificate of Incorporation Exhibit B - Form of Bylaws This AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of October 12, 2018, is by and among Cambium Learning Group, Inc., a Delaware corporation (the “Company”), Campus Holding Corp., a Delaware corporation (“Parent”), and Campus Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”). Capitalized terms used in this Agreement and not otherwise defined above or in the text below have the meanings given to them in Section 8.17.
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REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB 27. Section 4.1 Organization 5.1 Qualification, Organization, Subsidiaries, etc. 27 Section 4.2 5.2 Corporate Authority Relative to this Agreement; Consents and ApprovalsNo Violation. 27 Section 5.3 Investigations; No Violation Litigation 28 Section 4.3 Litigation 5.4 Proxy Statement; Other Information 28 Section 5.5 Capitalization of Merger Sub 28 Section 5.6 Financing 29 Section 4.4 Parent and Merger Sub Information 29 5.7 Guaranty 30 Section 4.5 5.8 Finders or Brokers 29 30 Section 4.6 Financing; Solvency 29 Section 4.7 Guarantee 31 Section 4.8 Merger Sub 31 Section 4.9 5.9 Certain Arrangements 32 30 Section 4.10 5.10 Ownership of Company Common Shares 32 Stock 30 Section 4.11 Investigation; 5.11 Solvency 30 Section 5.12 No Other Representations 32 Section 4.12 No Other Representations or Warranties 33 Additional Representations. 31 ARTICLE V. VI. COVENANTS AND AGREEMENTS 34 31 Section 5.1 6.1 Conduct of Business 34 by the Company and Parent. 31 Section 5.2 Access 6.2 Control of Operations 35 Section 6.3 Access. 35 Section 6.4 Alternative Proposals. 36 Section 6.5 Filings; Other Actions. 38 Section 5.3 No Solicitation 6.6 Employee Matters. 39 Section 5.4 Written Consent; Information Statement 6.7 Efforts. 40 Section 6.8 Takeover Statute 42 Section 5.5 Employee Matters 43 Section 5.6 Regulatory Approvals; Efforts 44 Section 5.7 Takeover Statutes; Rights Agreement Amendment 47 Section 5.8 6.9 Public Announcements 47 42 Section 5.9 6.10 Indemnification and Insurance 42 Section 6.11 Parent Financing 44 Section 6.12 Further Assurances 48 Section 5.10 Financing and Financing Cooperation 6.13 Notices of Certain Events 48 Section 6.14 Rule 16b-3 48 Section 6.15 Defense of Litigation 49 Section 5.11 Transaction Litigation 52 Section 5.12 6.16 Obligations of Merger Sub 53 49 Section 5.13 Stock Exchange Delisting; ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ 6.17 Voting of Shares 49 Section 5.14 Section 16 Matters 53 Section 5.15 VKidz 53 Section 5.16 Majority Stockholder Agreements 54 Section 5.17 Resignations 54 Section 5.18 Notification 6.18 Repayment of Certain Events 54 Section 5.19 Confidentiality 55 Indebtedness 49 ARTICLE VIVII. CONDITIONS TO THE MERGER 55 50 Section 6.1 7.1 Conditions to Each Party’s Obligation to Effect the Merger 55 50 Section 6.2 7.2 Conditions to Obligation of the Company to Effect the Merger 56 50 Section 6.3 7.3 Conditions to Obligation Obligations of Parent and Merger Sub to Effect the Merger 56 51 Section 6.4 Waiver of Conditions; 7.4 Frustration of Purpose 57 Closing Conditions 51 ARTICLE VIIVIII. TERMINATION 57 52 Section 7.1 8.1 Termination or and Abandonment 57 52 Section 7.2 8.2 Manner and Effect of Termination 59 53 Section 7.3 8.3 Termination Fees and Expense Reimbursement 59 Fee 53 ARTICLE VIIIIX. MISCELLANEOUS 62 55 Section 8.1 9.1 No Survival 62 of Representations and Warranties 55 Section 8.2 Expenses; Transfer Taxes 63 9.2 Expenses 55 Section 8.3 9.3 Counterparts; Effectiveness 63 55 Section 8.4 9.4 Governing Law; Jurisdiction 63 56 Section 8.5 Remedies 64 9.5 Specific Enforcement 56 Section 8.6 9.6 WAIVER OF JURY TRIAL 65 57 Section 8.7 9.7 Notices 65 57 Section 8.8 Assignment9.8 Binding Effect; Binding Effect 67 Benefit; Assignment 58 Section 8.9 9.9 Severability 67 59 Section 8.10 9.10 Entire Agreement 67 59 Section 8.11 9.11 Amendments; Waivers 67 59 Section 8.12 Headings 68 Section 8.13 9.12 No Third-Party Beneficiaries 68 Section 8.14 Interpretation 68 Section 8.15 Conflicts; Privilege 69 Section 8.16 Non-Recourse 70 Section 8.17 Definitions 70 EXHIBITS: Exhibit A - Form of Certificate of Incorporation Exhibit B - Form of Bylaws This 59 THIS AGREEMENT AND PLAN OF MERGER MERGER, dated as of August 23, 2015 (this “Agreement”), dated as of October 12, 2018, is by and among Cambium Learning GroupBear Parent Inc., a Delaware corporation (“Parent”), Bear Merger Sub Inc., a Delaware corporation and a wholly owned Subsidiary of Parent (“Merger Sub”), and ▇▇▇▇, Inc., a Delaware corporation (the “Company”), Campus Holding Corp., a Delaware corporation (“Parent”), and Campus Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”). Capitalized terms used in this Agreement and not otherwise defined above or in the text below have the meanings given to them in Section 8.17.
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Sources: Merger Agreement (Belk Inc)