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AMENDMENT NO. 1 TO
AGREEMENT AND PLAN OF MERGER
AMENDMENT NO. 1 (this "Amendment") dated as of August 31, 1998 to
Agreement and Plan of Merger dated as of August 21, 1998 (the "Merger
Agreement") among THE BISYS GROUP, INC., a Delaware corporation, with an address
at 000 Xxxxx Xxxx, Xxxxxx Xxxxx, Xxx Xxxxxx 00000 ("Parent"), BI-GREEN
ACQUISITION CORP., a Delaware corporation and a wholly-owned subsidiary of
Parent, with an address at 000 Xxxxx Xxxx, Xxxxxx Xxxxx, Xxx Xxxxxx 00000
("Acquisition"), GREENWAY CORPORATION, a Georgia corporation, with an address at
000 Xxxxxxxx Xxxxxxxxx, Xxxxxxxxxx, Xxxxxxx 00000 (the "Company") and the
shareholders of the Company identified on the signature pages hereof (all such
shareholders being collectively referred to herein from time to time as the
"Principal Shareholders"). Capitalized defined terms used in this Amendment have
the same meanings as are ascribed to them in the Merger Agreement unless
separately defined herein.
WHEREAS, Parent, Acquisition, the Company and the Principal
Shareholders have entered into the Merger Agreement; and
WHEREAS, it is in the mutual interest of the parties to the Merger
Agreement to modify and amend the Merger Agreement pursuant to the terms and
conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and in the Merger Agreement, the parties agree as follows:
1. Section 3.04(c). Section 3.04(c) of the Merger Agreement is hereby
amended to substitute the number 30,734 for the number 20,280 in the twelfth
line thereof with respect to the number of Remaining Granted Options.
2. Schedule 3.04(c). Schedule 3.04(c) of the Merger Agreement is hereby
amended in its entirety by substituting the Schedule 3.04(c) annexed to this
Amendment and made a part hereof.
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3. Counterparts. This Amendment may be executed in one or more
counterparts, each of which shall for all purposes be an original, and all such
counterparts shall constitute one and the same instrument. In addition, this
Amendment may contain more than one counterpart signature page, and all such
counterpart signature pages shall have the same force and effect as though all
parties had signed a single set of signature pages. However, this Amendment
shall be of no force or effect as to any parties until executed and delivered by
all parties.
4. Schedules. The Schedule attached to this Amendment shall be
construed with and as an integral part of this Amendment and the Agreement.
5. Merger Agreement as Amended. Except as modified and amended by this
Amendment, the Merger Agreement shall remain in full force and effect on and
after the date hereof, and all references in the Merger Agreement to the
"Agreement" shall be deemed to be references to the Merger Agreement as amended
by this Amendment.
IN WITNESS WHEREOF, the parties have executed and delivered this
Agreement and Plan of Merger as of the day and year first above written.
THE BISYS GROUP, INC.
By: /s/ Xxxx X. Xxxxxx
------------------------------------
Xxxx X. Xxxxxx
Chairman and Chief Executive
Officer
BI-GREEN ACQUISITION CORP.
By: /s/ Xxxx X. Xxxxxx
------------------------------------
Xxxx X. Xxxxxx
Chairman and Chief Executive
Officer
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GREENWAY CORPORATION
By: /s/ X.X. Xxxxx, Xx.
------------------------------------
X.X. Xxxxx, Xx.
Chairman and Chief Executive
Officer
PRINCIPAL SHAREHOLDERS:
/s/ X.X. Xxxxx, Xx.
----------------------------------------
X.X. Xxxxx, Xx.
GREENWAY CORPORATION
000 Xxxxxxxx Xxxxxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ Xxxxxxxxx X. Xxxxx
----------------------------------------
Xxxxxxxxx X. Xxxxx
000 Xxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ X.X. Xxxxx, III
----------------------------------------
X.X. Xxxxx, III
GREENWAY CORPORATION
000 Xxxxxxxx Xxxxxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ Xxxxxxxxx X. Xxxxx
----------------------------------------
Xxxxxxxxx X. Xxxxx
000 Xxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ X.X. Xxxxx, Xx.
----------------------------------------
Xxxxxx X. Xxxxx (by WTG, Jr.)
000 Xxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx 00000
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X.X. Xxxxx, Xx. Family Limited
Partnership
By: /s/ X.X. Xxxxx, Xx.
------------------------------------
Xx. X.X. Xxxxx, Xx.
Title:
Attn: Xx. X.X. Xxxxx, Xx.
000 Xxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx 00000
Service Supply of Douglasville, Inc.
By: /s/ X.X. Xxxxx, Xx.
------------------------------------
X.X. Xxxxx, Xx.
Title:
000 Xxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxx 00000
BFG Investments, LLC
By: /s/ Xxxxxx X. Xxxxxx
------------------------------------
Xx. Xxxxxx X. Xxxxxx
Title: Member
BFG Investments, LLC
000 Xxxxx xx Xxxx Xxxxxx, X.X.
Xxxxxxx, Xxxxxxx 00000
/s/ Xxxxx Xxxxxxxx
----------------------------------------
Xxxxx Xxxxxxxx
GREENWAY CORPORATION
000 Xxxxxxxx Xxxxxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ Xxxx Xxx
----------------------------------------
Xxxx Xxx
ADVANCED DATA SYSTEMS
X.X. Xxx 000
Xxxxxxxxx, Xxxxxxxx 00000
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L. Xxxxxxx Xxxxxxxx Family Partnership
By: /s/ L. Xxxxxxx Xxxxxxxx
------------------------------------
Name:
Title:
000 Xxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxx 00000
/s/ Xxxxxx X. Xxxxxxxx
----------------------------------------
Xxxxxx X. Xxxxxxxx
000 Xxx Xxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ J. Xxxxxx Xxxxx
----------------------------------------
J. Xxxxxx Xxxxx
X.X. Xxx 0000
Xxxxxxxxxx, Xxxxxxx 00000
Xxxxx Investments, L.P.
By: /s/ Van X. Xxxxx
------------------------------------
Van X. Xxxxx, General Partner
By: /s/ Xxxxx X. Xxxxx
------------------------------------
Xxxxx X. Xxxxx, General Partner
000 Xxxxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxxxx 00000
/s/ Xxxx Xxxxxx
----------------------------------------
Xxxx Xxxxxx
GENUINE PARTS COMPANY
0000 Xxxxxx 00 Xxxxxxx
Xxxxxxx, Xxxxxxx 00000
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