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Exhibit 2.2
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AMENDMENT NO.
1
TO THE
AGREEMENT AND PLAN OF MERGER
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This AMENDMENT NO. 1 (this " Amendment ") is made and
entered into as of January 25, 2007 by and among FC-GEN
ACQUISITION, INC., a Delaware corporation (" Parent "), GEN ACQUISITION
CORP., a Pennsylvania corporation and wholly-owned subsidiary of
Parent (“ Merger Sub
”), and GENESIS HEALTHCARE CORPORATION, a
Pennsylvania corporation (the " Company "), to amend that
certain AGREEMENT AND PLAN OF MERGER, dated as of January 15, 2007,
by and between Parent and the Company (as amended hereby, and as it
may be further amended from time to time, the "
Merger Agreement ").
WHEREAS, Section 10.4 of the
Merger Agreement provides for the amendment of the Merger Agreement
in accordance with the terms set forth therein;
WHEREAS, Section 7.17 of the
Merger Agreement provides that Parent shall cause Merger Sub to be
duly organized under the laws of the Commonwealth of Pennsylvania,
and that Parent and the Company shall amend the Merger Agreement to
add Merger Sub as a constituent party thereto;
WHEREAS, this Amendment is
the “Amendment” (as defined in the Merger Agreement)
and the date of this Amendment is the “Amendment Date”
(as defined in the Merger Agreement); and
WHEREAS, the parties hereto
desire to amend the Merger Agreement as set forth below.
NOW, THEREFORE, in consideration of the foregoing and the
mutual covenants and agreements set forth herein and for good and
valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, and intending to be legally bound hereby, the
parties hereto do hereby agree as follows:
Section 1.1 Definitions.
Unless otherwise specifically defined herein,
each term used herein shall have the meaning assigned to such term
in the Merger Agreement.
ARTICLE
II
AMENDMENTS TO MERGER
AGREEMENT |
Section 2.1 Accession.
By execution and delivery of this Amendment,
Merger Sub, without any further action on the part of any Person,
shall become a constituent party to the Merger Agreement and
perform, comply with, and be subject to all of the duties, burdens
and obligations of “Merger Sub” (as defined in the
Merger Agreement) set forth in the Merger
Agreement and shall be entitled
to all of the rights and benefits of “Merger Sub” (as
defined in the Merger Agreement) s
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