New York Agreement of Merger by VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., and National Energy Group, Inc.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-1502
• Format: Word; Rich Text

Description

12-1502 12-1502 . . . Agreement of Merger for conversion of two corporations into wholly owned subsidiaries of new corporation ("Holding Company") by merger of one of such corporations with subsidiary of Holding Company and merger of other corporation with different subsidiary of Holding Company . Under Agreement of Merger (a) each 10 shares of common stock of first corporation will be converted into right to receive one share of Holding Company Class A Common Stock ("Class A"), (b) each 1.85 shares of Class A Common Stock of second corporation will be converted into right to receive one share of Holding Company Class A Common Stock, (c) each 1.85 shares of Class B Common Stock of second corporation will be converted into right to receive one share of Holding Company Class B Common Stock and (d) each 1.85 warrants of second corporation will be converted into right to receive one warrant of Holding Company The New York Agreement of Merger refers to a legal contract that outlines the merger process between VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., and National Energy Group, Inc. This agreement ensures the smooth integration of these companies, along with the consolidation of their resources, assets, and operations. The agreement entails several key elements, including the terms and conditions of the merger, the exchange of shares between the involved parties, and the handling of any existing liabilities and debts. It also outlines the responsibilities and roles of each company during and after the merger, ensuring a seamless transition and optimal synergy. VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., and National Energy Group, Inc., are prominent energy companies with a focus on oil and gas exploration, production, and distribution. This merger agreement aims to leverage the strengths and expertise of each entity to create a more robust and competitive energy enterprise. Keywords: Merger agreement, VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., National Energy Group, integration, consolidation, assets, liabilities, debts, shares, synergy, oil and gas exploration, production, distribution. (Note: There is no information provided about different types of New York Agreement of Merger by these entities, so this description covers the general concept.)

The New York Agreement of Merger refers to a legal contract that outlines the merger process between VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., and National Energy Group, Inc. This agreement ensures the smooth integration of these companies, along with the consolidation of their resources, assets, and operations. The agreement entails several key elements, including the terms and conditions of the merger, the exchange of shares between the involved parties, and the handling of any existing liabilities and debts. It also outlines the responsibilities and roles of each company during and after the merger, ensuring a seamless transition and optimal synergy. VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., and National Energy Group, Inc., are prominent energy companies with a focus on oil and gas exploration, production, and distribution. This merger agreement aims to leverage the strengths and expertise of each entity to create a more robust and competitive energy enterprise. Keywords: Merger agreement, VP Oil, Inc., VP Acquisition Corp., Big Piney Oil and Gas Co., Big Piney Acquisition Corp., National Energy Group, integration, consolidation, assets, liabilities, debts, shares, synergy, oil and gas exploration, production, distribution. (Note: There is no information provided about different types of New York Agreement of Merger by these entities, so this description covers the general concept.)