AGREEMENT AND PLAN OF MERGER dated as of September 21, 2007 between Health Benefits Direct Corporation, HBDC Acquisition, LLC, System Consulting Associates, Inc. and the Shareholders listed on the signature page hereto.Merger Agreement • September 26th, 2007 • Health Benefits Direct Corp • Insurance agents, brokers & service • Pennsylvania
This AGREEMENT AND PLAN OF MERGER, dated as of September 21, 2007 (the “Agreement”), is among Health Benefits Direct Corporation, a Delaware corporation (“Parent”), HBDC Acquisition, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (“Merger Sub” and together with Parent, “Buyers”), System Consulting Associates, Inc., a Pennsylvania corporation (“SCA” or “Acquired Company”) and the shareholders of SCA listed on the signature page hereto (each a “Shareholder” and, collectively, the “Shareholders”). Each of Parent, Merger Sub, SCA and any of the Shareholders hereinafter may be referred to as a “Party” and collectively as the “Parties.”
