EXHIBIT 2.1
PLAN AND AGREEMENT OF REORGANIZATION
BETWEEN
JUNO ACQUISITIONS, INC.
AND
LK GLOBAL INFORMATION SYSTEMS, BV
AND
SHAREHOLDERS OF LK GLOBAL INFORMATION SYSTEMS, BV
DATED SEPTEMBER 30, 1997
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TABLE OF CONTENTS
TRANSFER OF LK GLOBAL SHARES ................................. 1
1.1 Delivery of LK Global Shares ....................... 1
ISSUANCE OF JUNO STOCK TO LK GLOBAL SHAREHOLDERS ............ 2
2.1 Issuance and Delivery of Exchange Stock. ........... 2
2.2 No Lien or Encumbrances on Exchange Stock. ......... 2
2.3 Restrictions on the Exchange Stock. ................ 2
REGISTRATION RIGHTS .......................................... 3
3.1 Registration ....................................... 3
CLOSING ...................................................... 7
4.1 Closing of Transaction; Closing Date. .............. 7
4.2 LEFT INTENTIONALLY BLANK. .......................... 7
4.3 Deliveries on the Closing Date by LK Global. ....... 7
4.4 Deliveries on the Closing Date by Juno to LK Global. 8
4.5 Deliveries on the Closing Date by Juno to LK Global
Shareholders........................................ 9
4.6 Filings; Cooperation. .............................. 9
REPRESENTATIONS AND WARRANTIES BY LK GLOBAL .................. 9
5.1 Representations and Warranties of LK Global. ....... 9
5.2 Disclosure. ........................................ 13
REPRESENTATIONS AND WARRANTIES BY JUNO ....................... 14
6.1 Representations and Warranties of Juno. ............ 14
6.2 Disclosure. ........................................ 17
CONDUCT OF PARTIES PENDING CLOSING ........................... 17
7.1 Conduct of LK Global Business Pending Closing. ..... 17
7.2 Conduct of Juno Pending Closing. ................... 17
CONDITIONS PRECEDENT TO CLOSING .............................. 19
8.1 Conditions Precedent to Closing. ................... 19
ADDITIONAL COVENANTS OF THE PARTIES .......................... 20
9.1 Securities Law Filings Undertaking. ................ 20
9.2 Future Equity/ Convertible Debt Financings. ........ 21
9.3 Cooperation. ....................................... 21
9.4 Expenses. .......................................... 21
9.5 Publicity. ......................................... 21
9.6 Confidentiality. ................................... 21
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TERMINATION .................................................. 22
10.1 Mutual Termination. ................................ 22
10.2 Termination upon Breach. ........................... 22
10.3 Termination by LK Global. .......................... 22
10.4 "Bust Up" Fee. ..................................... 22
SURVIVAL OF REPRESENTATIONS AND WARRANTIES ................... 22
11.1 As to LK Global. ................................... 22
11.2 As to Juno. ........................................ 23
MISCELLANEOUS ................................................ 23
12.1 Entire Agreement, Amendments. ...................... 23
12.2 Binding Agreement. ................................. 23
12.3 Indemnification .................................... 23
12.4 Attorneys' Fees. ................................... 24
12.5 Severability. ...................................... 24
12.6 Governing Law. ..................................... 24
12.7 Notices. ........................................... 24
12.8 Counterparts; Signatures. .......................... 25
EXHIBITS
Exhibit A-- Shareholder Certificate
Exhibit B-- Stock Purchase Agreement (Crijen, Ltd.)
Exhibit C-- List of Shares to be Returned by Certain Juno Shareholders
Exhibit D-- List of LK Global Shareholders to execute Lock-up Agreements
Exhibit E-- Form of Eighteen-month Lock-up Agreement
Exhibit F-- Escrow Agreement
Exhibit G-- Preference Share Subscribers
.............................................................. 26
SCHEDULE LIST ................................................ 27
