EXHIBIT 2.3
STOCK EXCHANGE JOINDER AGREEMENT
STOCK EXCHANGE JOINDER AGREEMENT ("Joinder") dated as of February 21,
2001, by and among Global Information Group USA, Inc., ("GIG"); the new
shareholders of GIG identified on the signature pages hereto (each individually,
a "New Shareholder" and collectively, the "New Shareholders"); the pre-existing
shareholders of GIG (the "Sellers"); ADVA International Inc., a Delaware
corporation ("ADVA"); and Biotel, Inc. ("Biotel").
RECITALS
WHEREAS, on June 19, 2000, GIG, the Sellers, ADVA and Biotel entered
into an Agreement of Stock Exchange whereby the Sellers agreed to convey all
their stock in GIG in exchange for 94.57% of the outstanding capital stock of
ADVA;
WHEREAS, certain of the Sellers, since execution of the Agreement of
Stock Exchange, have sold shares of GIG to certain persons who were not
shareholders of GIG as of June 19, 2000 (the "New Shareholders");
WHEREAS, the New Shareholders desire to join and be bound by all the
terms and conditions of the Agreement of Stock Exchange and all documents
ancillary to the transactions contemplated in the Agreement of Stock Exchange
(the "Ancillary Documents");
WHEREAS, pursuant to Section 9.4 of the Agreement of Stock Exchange,
all the parties thereto must provide their consent prior to amending the
Agreement of Stock Exchange;
NOW THEREFORE, in consideration of the premises and the mutual
representations hereinafter set forth and intending to be legally bound hereby,
the parties hereto agree as follows:
1. The New Shareholders shall, for all purposes of the Agreement of Stock
Exchange, the Ancillary Documents and all the transactions contemplated therein,
be deemed "Sellers", as such term is defined in the Agreement of Stock Exchange.
2. ADVA and Biotel consent to the transfers of the shares to the New
Shareholders and agree to such New Shareholders being deemed "Sellers" for
purposes of the Agreement of Stock Exchange, the Ancillary Documents and all the
transactions contemplated therein.
3. This Joinder may be executed in several counterparts, each of which shall
constitute an original and all of which, when taken together, shall constitute
one agreement.
IN WITNESS WHEREOF, all the parties to this Joinder have caused this Joinder to
be executed and delivered as of the date first set forth above.
SELLERS:
/s/Xxxxxxx X. Xxxx /s/ X. Xxxx, power-of-attorney for Xxxxxxx Xxxxxxxxx
-------------------------------------------- --------------------------------------------------------------------------
XXXXXXX X. XXXX XXXXXXX XXXXXXXXX, by Xxxxxxx Xxxx as power-of-attorney.
/s/Xxxxxxx X. Xxxx, power-of-attorney for FOG
Investments Limited /s/ X. Xxxx, power-of-attorney for H.B.G. Sijthoff
------------------------------------------------ ---------------------------------------------------
FOG INVESTMENTS LIMITED HENRI B.G. SIJTHOFF, by Xxxxxxx Xxxx as
By: Xxxxxxx X. Xxxx as power-of-attorney. power-of-attorney.
/s/ P. L. van Wijngaarden, power-of-attorney
for Xxxx Xxxxxxx /s/ X. Xxxx, power-of-attorney for Jouke V.J.P. Brada
--------------------------------------------------- ----------------------------------------------------
XXXX XXXXXXX, by Xxxxxx X. van JOUKE V.J.P. BRADA, by Xxxxxxx Xxxx as power-of-attorney.
Wijngaarden as power-of- attorney.
/s/Xxxxxx X. van Wijngaarden, power-of-attorney
---------------------------------------------------
for Femia E. van Wulfften Palthe /s/ Xxxxxx X. van Wijngaarden, power-of-attorney for Xxxxxxx Xxx Xxxxx
------------------------------------ --------------------------------------------------------------------------
FEMIA E. VAN WULFFTEN PALTHE, by Xxxxxx XXXXXXX XXX XXXXX, by Xxxxxx X. van Wijngaarden as power-of-attorney.
L. van Wijngaarden as power-of- attorney.
/s/Xxxxxx X. van Wijngaarden, power-of-attorney for /s/Xxxxxx X. van Wijngaarden, power-of-attorney
--------------------------------------------------- ---------------------------------------------------------------
Xxxxxx X.X.X. Aarts for Xxxxx X. Xxx Xxxxx
--------------------------------------------
XXXXXX X.X.X. AARTS, by Xxxxxx X. van Wijngaarden XXXXX X. XXX XXXXX, by Xxxxxx X. van Wijngaarden as power-of- attorney.
------------------------------------------------- -----------------------------------------------------------------------
as power-of-attorney.
JOLEC TRADING LIMITED VIEWMONT HOLDINGS LIMITED
By: Intertrust (Curacao) N.V. By: Intertrust (Curacao) N.V.
/s/Xxxxxxx Xxxxx /s/Xxxxxxx Xxxxx
-------------------------------------------- --------------------------------------------------------------------------
Xxxxxxx Xxxxx, Managing Director Xxxxxxx Xxxxx, Managing Director
XXXXXXXX' S SECURITIES LIMITED GORILLA VENTURES N.V.
By: Intertrust (Curacao) N.V. By: Intertrust (Curacao) N.V.
/s/Xxxxxxx Xxxxx /s/Xxxxxxx Xxxxx
-------------------------------------------- --------------------------------------------------------------------------
Xxxxxxx Xxxxx, Managing Director Xxxxxxx Xxxxx, Managing Director
MOANA LAKE FINANCE CORP. XXXXXXX CAPITAL LIMITED
By: Intertrust (Curacao) N.V. By: Intertrust (Curacao) N.V.
/s/Xxxxxxx Xxxxx /s/Xxxxxxx Xxxxx
-------------------------------------------- --------------------------------------------------------------------------
Xxxxxxx Xxxxx, Managing Director Xxxxxxx Xxxxx, Managing Director
HACKEN INVESTMENTS LIMITED H EYDAEL B.V.
By: Xxxxx X. Xxxxxx as power-of-attorney. By: Xxxxxxx Xxxx, Managing Director
/s/Xxxxx X. Xxxxxx /s/ Xxxxxxx Xxxx
-------------------------------------------- --------------------------------------------------
ADVA INTERNATIONAL, INC. GLOBAL INFORMATION GROUP USA, INC.
By: /s/ Xxxxxx X. Down By: /s/Xxxxxxx X. Xxxx
---------------------------------------- ----------------------------------------------
Name: Xxxxxx X. Down Name: Xxxxxxx X. Xxxx
Title: President Title: President
BIOTEL, INC.
By: /s/ Xxxxxx X. Xxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxx
Title: President
NEW SHAREHOLDERS:
/s/ Ruud A.M. Pruijm /s/ Jan X.X. Xxxxxxxx
-------------------------------------------- --------------------------------------------------
Ruud A.M. Pruijm Jan X.X. Xxxxxxxx
/s/ Xxxxx X. Xxxxxxxx /s/ Jergen Maijers
-------------------------------------------- --------------------------------------------------
Xxxxx X. Xxxxxxxx Xxxxxx Maijers
/s/ X. Xxxxxxxxx /s/ X. Xxxxxx
-------------------------------------------- --------------------------------------------------
X. Xxxxxxxxx X. Xxxxxx
/s/ Xxxxxxxxxx Ouwingar /s/ Xxxxxxxxxxx Xxxxxxx
-------------------------------------------- --------------------------------------------------
Xxxxxxxxxx Xxxxxxx Xxxxxxxxxxx Xxxxxxx
Thames Asset Management Ltd.
----------------------------
/s/S.I.J. Xxxxxxxx By: /s/Xxxxxxx Xxxxxx
-------------------------------------------- --------------------------------------------------
S.I.J. Xxxxxxxx Name: Xxxxxxx Xxxxxx
Title: Director
