AGREEMENT AND PLAN OF MERGER AMONG CHELSEY DIRECT, LLC, CHELSEY ACQUISITION, INC. AND HANOVER DIRECT, INC. DATED: AS OF NOVEMBER 27, 2006Merger Agreement • November 28th, 2006 • Hanover Direct Inc • Retail-catalog & mail-order houses • Delaware
This AGREEMENT AND PLAN OF MERGER, dated as of November 27, 2006 (this “Agreement”), is among CHELSEY DIRECT, LLC, a Delaware limited liability company (“Purchaser”), CHELSEY ACQUISITION, INC., a Delaware corporation and a direct, wholly owned Subsidiary of Purchaser (“Merger Sub”), and HANOVER DIRECT, INC., a Delaware corporation (the “Company”). Certain terms used in this Agreement are used as defined in Section 8.13.
