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 Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization is an important agreement between Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and their stockholders. This agreement outlines the terms and conditions for the reorganization of the companies and the exchange of stock. The primary goal of this agreement is to facilitate the reorganization process between Benson International, Inc. and Multimedia K.I.D. Intelligence in Education, Ltd. This reorganization aims to combine the strengths and resources of both companies, creating a more robust and competitive entity in the education and multimedia industry. Key provisions of the Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization include: 1. Exchange of Stock: Under this agreement, the stockholders of Benson International, Inc. will be provided with an opportunity to exchange their shares with the stock of Multimedia K.I.D. Intelligence in Education, Ltd. This exchange ratio will be determined based on the relative values and considerations of both companies. 2. Governance and Management: The agreement also addresses the governance and management structure of the reorganized entity. It outlines the composition of the board of directors, the appointment of key executives, and the decision-making processes. 3. Assets and Liabilities: The agreement ensures that all assets and liabilities of both companies are properly identified, evaluated, and accounted for during the reorganization process. 4. Intellectual Property and Contracts: The agreement specifies the treatment of intellectual property rights, patents, trademarks, copyrights, and existing contracts. It ensures proper protection and transfer of these assets to the reorganized entity. 5. Regulatory Approvals: The parties involved acknowledge the need for necessary regulatory approvals for the reorganization. The agreement outlines the responsibilities of each company in obtaining these approvals and complying with regulatory requirements. It is important to note that there may be variations or different types of Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization by Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and Stockholders. These variations can include specific terms, conditions, or processes tailored to individual circumstances or objectives. However, the key components mentioned above generally form the foundation of such agreements.
The Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization is an important agreement between Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and their stockholders. This agreement outlines the terms and conditions for the reorganization of the companies and the exchange of stock. The primary goal of this agreement is to facilitate the reorganization process between Benson International, Inc. and Multimedia K.I.D. Intelligence in Education, Ltd. This reorganization aims to combine the strengths and resources of both companies, creating a more robust and competitive entity in the education and multimedia industry. Key provisions of the Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization include: 1. Exchange of Stock: Under this agreement, the stockholders of Benson International, Inc. will be provided with an opportunity to exchange their shares with the stock of Multimedia K.I.D. Intelligence in Education, Ltd. This exchange ratio will be determined based on the relative values and considerations of both companies. 2. Governance and Management: The agreement also addresses the governance and management structure of the reorganized entity. It outlines the composition of the board of directors, the appointment of key executives, and the decision-making processes. 3. Assets and Liabilities: The agreement ensures that all assets and liabilities of both companies are properly identified, evaluated, and accounted for during the reorganization process. 4. Intellectual Property and Contracts: The agreement specifies the treatment of intellectual property rights, patents, trademarks, copyrights, and existing contracts. It ensures proper protection and transfer of these assets to the reorganized entity. 5. Regulatory Approvals: The parties involved acknowledge the need for necessary regulatory approvals for the reorganization. The agreement outlines the responsibilities of each company in obtaining these approvals and complying with regulatory requirements. It is important to note that there may be variations or different types of Salt Lake Utah Stock Exchange Agreement and Plan of Reorganization by Benson International, Inc., Multimedia K.I.D. Intelligence in Education, Ltd., and Stockholders. These variations can include specific terms, conditions, or processes tailored to individual circumstances or objectives. However, the key components mentioned above generally form the foundation of such agreements.