The Michigan Agreement and Plan of Merger by L.E. Myers Co., My temp Inc., and L.E. Myers Co. Group is a legally binding document that outlines the terms and conditions of the merger between L.E. Myers Co. and My temp Inc., with L.E. Myers Co. Group serving as the parent company. This merger is aimed at consolidating the expertise, resources, and market presence of both companies to create a stronger and more competitive entity in the Michigan business landscape. The merger agreement encompasses various aspects, such as the exchange of shares, the organizational structure, and the future operations of the merged entity. It sets forth the terms regarding the issuance of new shares to the shareholders of My temp Inc. in exchange for their existing shares, thereby providing them with ownership in the merged company. The agreement also specifies the board composition, management roles, and the decision-making process. Additionally, the Michigan Agreement and Plan of Merger may outline the financial considerations, including any cash payments or stock options provided to the shareholders of My temp Inc. Furthermore, it addresses potential contingencies such as the treatment of outstanding debts or pending litigation, ensuring that both parties are protected during and after the merger. It is important to note that while this description covers a general understanding of the Michigan Agreement and Plan of Merger, specific agreements may have unique names or additional provisions based on the individual circumstances of the merger. For instance, there could be variations such as "Michigan Agreement and Plan of Merger with My temp Inc. Technology Division" or "Michigan Agreement and Plan of Merger with L.E. Myers Co. Construction Division," depending on the specific departments or divisions involved in the consolidation. In summary, the Michigan Agreement and Plan of Merger by L.E. Myers Co., My temp Inc., and L.E. Myers Co. Group represents a strategic business move aimed at combining the strengths and synergies of both companies. This legally binding document covers various aspects of the merger, ensuring a smooth transition and a solid foundation for the future success of the merged entity.