AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER
Exhibit 99.6
AMENDMENT NO. 1 TO
THIS AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER (this “Amendment”), is dated as of March
16, 2010, among The Orchard Enterprises, Inc., a Delaware corporation (the “Company”), Dimensional
Associates, LLC, a New York limited liability company (“Dimensional”), and Orchard Merger Sub,
Inc., a Delaware corporation (“Merger Sub”).
RECITALS
WHEREAS, the Company, Dimensional and Merger Sub are parties to that certain Agreement and
Plan of Merger, dated as of March 15, 2010 (the “Merger Agreement”); and
WHEREAS, the Company, Dimensional and Merger Sub desire to amend the Merger Agreement in
accordance with the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises, and of the representations, warranties,
covenants and agreements contained herein, the parties hereto agree as follows:
ARTICLE I
1.1 Amendment. The lead in language of Section 8.1 of the Merger Agreement is hereby
deleted in its entirety and replaced with the following:
“ 8.1 Conditions to Each Party’s Obligation to Effect the Merger. The
respective obligation of each party to effect the Merger is subject to the
satisfaction or waiver (provided that Section 8.1(a) may not be waived) at or prior
to the Effective Time of each of the following conditions:”
ARTICLE II
MISCELLANEOUS
MISCELLANEOUS
2.1 Counterparts. This Amendment may be executed in any number of counterparts, each such
counterpart being deemed to be an original instrument, and all such counterparts shall together
constitute the same agreement.
2.2 Governing Law and Venue. This Amendment shall be deemed to be made in and in all
respects shall be interpreted, construed and governed by and in accordance with the Law of the
State of Delaware without regard to the conflicts of Law principles thereof.
2.3 Severability. The provisions of this Amendment shall be deemed severable and the
invalidity or unenforceability of any provision shall not affect the validity or enforceability of
the other provisions hereof. If any provision of this Amendment, or the application thereof to any
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Person or any circumstance, is invalid or unenforceable, (a) a suitable and equitable provision
shall be substituted therefor in order to carry out, so far as may be valid and enforceable, the
intent and purpose of such invalid or unenforceable provision, and (b) the remainder of this
Amendment and the application of such provision to other Persons or circumstances shall not be
affected by such invalidity or unenforceability, nor shall such invalidity or unenforceability
affect the validity or enforceability of such provision, or the application thereof, in any other
jurisdiction.
[Signatures on Next Page]
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IN WITNESS WHEREOF, this Amendment has been duly executed and delivered by the duly authorized
officers of the parties hereto as of the date first written above.
THE ORCHARD ENTERPRISES, INC. |
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By: | /s/ Xxxx Xxxxx | |||
Name: | Xxxx Xxxxx | |||
Title: | Chief Executive Officer | |||
DIMENSIONAL ASSOCIATES, LLC |
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By: | JDS Capital, L.P., its Manager |
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By: | JDS Capital Management, LLC, its General Partner |
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By: | /s/ Xxxxxx X. Xxxxxxx | |||
Name: | Xxxxxx X. Xxxxxxx | |||
Title: | Managing Member | |||
ORCHARD MERGER SUB, INC. |
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By: | /s/ Xxxxxx X. Xxxxx | |||
Name: | Xxxxxx X. Xxxxx | |||
Title: | President | |||
[Signature Page to Merger Agreement]