Defined Terms the Merger Certain Related Matters. 1 Section 1.1 Certain Defined Terms 1 Section 1.2 The Merger 13 Section 1.3 Closing 13 Section 1.4 Effective Time 13 Section 1.5 Surviving Entity Constituent Documents 14 Section 1.6 CBOT Constituent Documents 14 Section 1.7 Directors 14 Section 1.8 Officers 15 Section 1.9 Effect on Capital Stock. 15 Section 1.10 Election Procedures. 17 Section 1.11 Treatment of CBOT Holdings Equity-Based Awards. 18 Section 1.12 Appraisal Rights 20 Section 1.13 Associated Rights 20 ARTICLE II EXCHANGE OF CERTIFICATES 20 Section 2.1 Surrender and Payment. 20 Section 2.2 [Reserved.] 22 Section 2.3 Lost Certificates 22 Section 2.4 Withholding Rights 23 Section 2.5 Further Assurances 23 Section 2.6 Affiliates 23 ARTICLE III REPRESENTATIONS AND WARRANTIES OF CBOT HOLDINGS AND CBOT 23 Section 3.1 Organization 23 Section 3.2 Subsidiaries. 24 Section 3.3 Capitalization; Membership Interests. 24 Section 3.4 Authorization; Board Approval; Voting Requirements. 26 Section 3.5 Takeover Statute; No Restrictions on the Merger. 27 Section 3.6 Rights Agreement 27 Section 3.7 Consents and Approvals; No Violations. 28 Section 3.8 SEC Reports; CBOT Holdings Financial Statements. 29 Section 3.9 Absence of Undisclosed Liabilities 29 Section 3.10 Form S-4; Joint Proxy Statement/Prospectus 30 Section 3.11 Absence of Certain Changes 30 Section 3.12 Litigation 30 Section 3.13 Compliance with Laws. 30 Section 3.14 Taxes. 32 Section 3.15 Real Property. 34 Section 3.16 Employee Benefit Plans and Related Matters; ERISA. 36 Section 3.17 Employees; Labor Matters 40 Section 3.18 Intellectual Property 41 Section 3.19 Contracts. 43 Section 3.20 Environmental Laws and Regulations 45 Section 3.21 Insurance Coverage 46 Section 3.22 Foreign Corrupt Practices and International Trade Sanctions 46 Section 3.23 Opinion of Financial Advisor 46 Section 3.24 Assets and Operations of CBOT Holdings. 46 Section 3.25 Brokers 46 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF CME HOLDINGS 47 Section 4.1 Organization 47 Section 4.2 Subsidiaries. 47 Section 4.3 Capitalization. 48 Section 4.4 Authorization 49 Section 4.5 Consents and Approvals; No Violations. 50 Section 4.6 SEC Reports; CME Holdings Financial Statements. 51 Section 4.7 Absence of Undisclosed Liabilities 52 Section 4.8 Form S-4; Joint Proxy Statement/Prospectus 52 Section 4.9 Absence of Certain Changes 52 Section 4.10 Litigation 52 Section 4.11 Compliance with Laws 52 Section 4.12 Taxes. 54 Section 4.13 CME Holdings Leased Real Property. 56 Section 4.14 Employee ...
Defined Terms the Merger Certain Related Matters
