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INTERWAVE COMMUNICATIONS INTERNATIONAL LTD
·
8-K
Oct 18, 5:05 PM ET
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INTERWAVE COMMUNICATIONS INTERNATIONAL LTD 8-K
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Contents
19
1. Recital A of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
2. Section 1.3(b) of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
3. Section 2.28 will be added to the Amalgamation Agreement to read as follows:
4. Section 5.16 of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
5. Section 6.2(a) of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
6. Section 7.1(b) of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
7. Section 8.3(d) of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
8. Section 6.1(d) and the second sentence of Section 6.1(b) of the Amalgamation Agreement shall be deleted and have no force and effect as conditions to each party’s obligation to consummate and effect the Amalgamation under Section 6.1. The foregoing notwithstanding, each party shall make commercially reasonable efforts to satisfy the conditions in Section 6.1(b) and Section 6.1(d) prior to the Closing Date.
9. Section 6.2(c) of the Amalgamation Agreement shall be amended and restated in its entirety to read as follows:
10. Schedule 6.2(d) shall be amended and restated in its entirety to read as follows:
“Schedule 6.2(d).Consents, waivers or approvals for The Qualcomm Agreements shall be obtained prior to the consummation of this Agreement.”
11. (a) Within five business days following the date hereof, interWave shall dismiss without prejudice the complaint it had filed against Alvarion on October 4, 2004 in the United States District Court for the Southern District of New York entitled Interwave Communications International, Ltd. v. Alvarion Limited, Case No. 04 CV 7841, which complaint shall be dismissed with prejudice upon the consummation of the Amalgamation.
(b) Interwave hereby forever relieves, releases, and discharges Alvarion and any of its affiliated or related corporations and entities, and each of their respective present and former officers, directors, agents, employees, representatives, administrators, accountants, attorneys, investigators, insurers, partners, associates, successors, and assigns, in any and all capacities (including but not limited to the fiduciary, representative or individual capacity of any released person or entity), and any Person owned by or affiliated with any of the above, from any and all claims, damages, actions, and causes of action, of whatever kind or nature, including without limitation any statutory, civil, administrative or common law claim arising out of any act or omission known to Interwave on the date hereof; provided, however, that the release set forth in this Section 11(b) shall be deemed null and void in the event that Alvarion breaches the Amalgamation Agreement, as amended hereby.
(c) Alvarion hereby forever relieves, releases, and discharges Interwave and any of its affiliated or related corporations and entities, and each of their respective present and former officers, directors, agents, employees, representatives, administrators, accountants, attorneys, investigators, insurers, partners, associates, successors, and assigns, in any and all capacities (including but not limited to the fiduciary, representative or individual capacity of any released person or entity), and any Person owned by or affiliated with any of the above, from any and all claims, damages, actions, and causes of action, of whatever kind or nature, including without limitation any statutory, civil, administrative or common law claim arising out of any act or omission known to Alvarion on the date hereof; provided, however, that the release set forth in this Section 11(c) shall be deemed null and void in the event that Interwave breaches the Amalgamation Agreement, as amended hereby.
12. Schedule 2.3(c) of the Interwave Disclosure Schedule lists (i) an option grant, dated 5/9/04, to Cal R. Hoagland to purchase 11,000 Interwave common shares at an exercise price of $3.34 per share under Interwave’s 2001 Supplemental Stock Plan and (ii) an option grant, dated 5/9/04, to Lars Lindell to purchase 5,000 Interwave common shares at an exercise price of $3.34 per share under Interwave’s 2001 Supplemental Stock Plan. Schedule 2.3(c) of the Interwave Disclosure Schedule shall hereby be amended to indicate that each such stock option identified in the foregoing paragraph was granted under Interwave’s 1999 Option Plan.
13. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
14. This Amendment, when executed by the parties hereto as of the date hereof, shall be binding upon each such party.
15. This Amendment shall be governed by and construed in accordance with the laws of the State of New York without reference to such state’s principles of conflicts of law.
16. To the extent not inconsistent with this Amendment and the First Amendment, the Amalgamation Agreement remains in full force and effect as originally executed and delivered.
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