AMENDMENT NO. 1 TO
AGREEMENT AND PLAN OF MERGER
THIS AMENDMENT NO. 1 (this "Amendment") to the Agreement and Plan of Merger
is made of as of June 2, 1999 by and among ABR Information Services, Inc., a
Florida corporation (the "Company"), Ceridian Corporation, a Delaware
corporation ("Parent"), and Spring Acquisition Corp., a wholly-owned subsidiary
of Parent and a Florida corporation ("Merger Sub").
WHEREAS, the Company, Parent and Merger Sub have entered into that certain
Agreement and Plan of Merger, dated as of April 30, 1999 (the "Merger
Agreement");
WHEREAS, the Company, Parent and Merger Sub wish to make certain
modifications thereto;
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. Annex A to the Merger Agreement is hereby amended by deleting the
phrase ", and at any time prior to acceptance for payment for any such
Shares," in clause (iii) of the introductory paragraph thereof, and
inserting in its place the phrase ", and at any time prior to expiration of
the Offer,".
2. This Amendment is governed by, and shall be construed in accordance
with, the laws of the State of Florida.
3. Except as herein expressly amended, the Merger Agreement is ratified
and confirmed in all respects and shall remain in full force and effect in
accordance with its terms.
4. 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.
IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by
the duly authorized officers of the parties hereto as of the date first written
above.
ABR INFORMATION SERVICES, INC.
By: /s/ Xxxxx X. XxxXxxxxxx
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Name: Xxxxx X. XxxXxxxxxx
Title: President and Chief Executive
Officer
CERIDIAN CORPORATION
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: Vice President, General Counsel
and Secretary
SPRING ACQUISITION CORP.
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President and Chief Executive
Officer