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AGREEMENT AND PLAN OF MERGER

Agreement and Plan of Merger

AGREEMENT AND PLAN OF MERGER | Document Parties: FORCE PROTECTION INC | Colorado Business Corporation You are currently viewing:
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FORCE PROTECTION INC | Colorado Business Corporation

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Title: AGREEMENT AND PLAN OF MERGER
Governing Law: Nevada     Date: 9/15/2008
Industry: Aerospace and Defense     Sector: Capital Goods

AGREEMENT AND PLAN OF MERGER, Parties: force protection inc , colorado business corporation
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Exhibit 2.1

AGREEMENT AND PLAN OF MERGER

        AGREEMENT AND PLAN OF MERGER dated as of December 31, 2004 ("Agreement"), between Force Protection, Inc., a Colorado corporation ("Force Protection Colorado"), and Force Protection, Inc., a Nevada corporation ("Force Protection Nevada").

RECITALS

         Whereas, the Board of Directors of Force Protection Colorado has approved a change of legal domicile to the State of Nevada as being in the best interests of the corporation and its shareholders; and

         Whereas, the change of legal domicile through the merger ("Merger") with Force Protection Nevada will take place under the terms and conditions set forth in this Agreement.

         Now Therefore, in consideration of the respective representations, warranties, covenants and agreements contained in this Agreement, Force Protection Colorado and Force Protection Nevada hereby agree as follows:

ARTICLE I—THE MERGER

1.01    THE MERGER.    Upon the terms and subject to the conditions of this Agreement, and in accordance with the relevant provisions of the Colorado Business Corporation Act ("Colorado Statute") and the Nevada Business Corporation Act ("Nevada Statute"), respectively, Force Protection Colorado will be merged with and into Force Protection Nevada as soon as practicable following the satisfaction or waiver, if permissible, of the conditions set forth in Article IV of this Agreement. Following the Merger, Force Protection Nevada will continue as the surviving corporation and will continue its existence under the laws of the State of Nevada, and the separate corporate existence of Force Protection Colorado will cease.

1.02    EFFECTIVE DATE.    Subject to approval of the Merger by the shareholders of the two entities, the Merger will be consummated by filing with the Secretaries of State of the States of Colorado and Nevada, respectively, Articles of Merger, and any other appropriate documents ("Articles of Merger") in accordance with the Colorado Statute and the Nevada Statute, respectively. The Articles of Merger shall specify that the Merger will become effective on JANUARY 1, 2005 (the time the Merger becomes effective being the "Effective Date").

1.03    EFFECTS OF THE MERGER.    The Merger will have the effects specified in the Colorado Statute and the Nevada Statute, respectively.

1.04    DIRECTORS AND OFFICERS OF FORCE PROTECTION NEVADA.    After the Effective Date, the initial directors and officers of Force Protection Nevada, as the surviving corporation, will be the following persons:

 

 

 

Gale Aguilar

 

Director Class I, President

R. Scott Ervin

 

Director Class II, Secretary

Frank Kavanaugh

 

Director Class III

Tom Thebes

 

Treasurer

Such persons will serve until their successors will have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with Force Protection Nevada's Certificate of Incorporation and by laws.

ARTICLE II—EXCHANGE OF SHARES

2.01    SHARE EXCHANGE.    On the Effective Date by virtue of the Merger, each share of common stock and/or Preferred stock of Force Protection Colorado held by the shareholders of Force Protection Colorado will be deemed exchanged for corresponding shares of the common stock and/or Preferred


stock as the case may be of Force Protection Nevada. Promptly after the Effective Date, Force Protection Nevada may issue to each shareholder of Force Protection Colorado a certificate representing the common stock and/or preferred stock to be issued to each shareholder and in such event each shareholder of Force


 
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