Mecklenburg North Carolina Stock Exchange Agreement and Plan of Reorganization by Jenkon International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and Stockholders

• Category: Corporations - Public - Reorganization
• State: Multi-State
• County: Mecklenburg
• Control #: US-EG-9363
• Format: Word; Rich Text

Description

Stock Exchange Agreement and Plan of Reorganization between Jenkon International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd. and Stockholders dated December 16, 1999. 46 pages. The Mecklenburg North Carolina Stock Exchange Agreement and Plan of Reorganization is a legal document that outlines the terms and conditions of a merger or acquisition between Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and their respective stockholders. This agreement sets out the steps and procedures that need to be followed to complete the transaction and consolidate the two companies. The agreement typically includes various sections that cover key aspects such as: 1. Definitions: This section provides definitions for important terms used throughout the agreement. 2. Background: This section provides a brief overview of the companies involved, their current operations, and the rationale behind the reorganization. 3. Consideration: This section outlines the exchange ratio and the consideration to be received by the stockholders of the respective companies. It may also include details regarding any cash or stock options offered as part of the transaction. 4. Representations and Warranties: Both companies and their stockholders make various representations and warranties regarding their ownership, financials, and legal status. 5. Conditions Precedent: This section outlines the conditions and requirements that need to be fulfilled before the transaction can be completed. These may include regulatory approvals, third-party consents, and internal corporate approvals. 6. Covenants: The agreement specifies the actions and obligations of both parties during the period leading up to the completion of the reorganization. This may include restrictions on their ability to engage in certain activities or incur additional debt. 7. Termination: This section outlines the circumstances under which the agreement can be terminated and the consequences of termination, including any payment of termination fees. 8. Governing Law: The agreement specifies the laws and jurisdiction that will govern the interpretation and enforcement of the agreement. Additional types or variations of Mecklenburg North Carolina Stock Exchange Agreement and Plan of Reorganization could exist if there are multiple subsidiaries or entities involved in the transaction. Each agreement may be tailored to the specific circumstances of the companies and their stockholders. Keywords: Mecklenburg North Carolina, stock exchange agreement, plan of reorganization, Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., stockholders, merger, acquisition, legal document, terms and conditions, consolidation, exchange ratio, consideration, representations and warranties, conditions precedent, covenants, termination, governing law.

The Mecklenburg North Carolina Stock Exchange Agreement and Plan of Reorganization is a legal document that outlines the terms and conditions of a merger or acquisition between Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and their respective stockholders. This agreement sets out the steps and procedures that need to be followed to complete the transaction and consolidate the two companies. The agreement typically includes various sections that cover key aspects such as: 1. Definitions: This section provides definitions for important terms used throughout the agreement. 2. Background: This section provides a brief overview of the companies involved, their current operations, and the rationale behind the reorganization. 3. Consideration: This section outlines the exchange ratio and the consideration to be received by the stockholders of the respective companies. It may also include details regarding any cash or stock options offered as part of the transaction. 4. Representations and Warranties: Both companies and their stockholders make various representations and warranties regarding their ownership, financials, and legal status. 5. Conditions Precedent: This section outlines the conditions and requirements that need to be fulfilled before the transaction can be completed. These may include regulatory approvals, third-party consents, and internal corporate approvals. 6. Covenants: The agreement specifies the actions and obligations of both parties during the period leading up to the completion of the reorganization. This may include restrictions on their ability to engage in certain activities or incur additional debt. 7. Termination: This section outlines the circumstances under which the agreement can be terminated and the consequences of termination, including any payment of termination fees. 8. Governing Law: The agreement specifies the laws and jurisdiction that will govern the interpretation and enforcement of the agreement. Additional types or variations of Mecklenburg North Carolina Stock Exchange Agreement and Plan of Reorganization could exist if there are multiple subsidiaries or entities involved in the transaction. Each agreement may be tailored to the specific circumstances of the companies and their stockholders. Keywords: Mecklenburg North Carolina, stock exchange agreement, plan of reorganization, Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., stockholders, merger, acquisition, legal document, terms and conditions, consolidation, exchange ratio, consideration, representations and warranties, conditions precedent, covenants, termination, governing law.