EXHIBIT 14 AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER Amendment No. 1 ("Amendment No. 1"), dated as of February 9, 1999, amending the Agreement and Plan of Merger, dated as of November 22, 1998 (the "Agreement"), between Hudson General...Agreement and Plan of Merger • February 16th, 1999 • Langner Jay B • Airports, flying fields & airport terminal services • Delaware
EXHIBIT 17 WAIVER AGREEMENT Waiver Agreement, dated February 15, 1999, relating to the Agreement and Plan of Merger dated as of November 22, 1998 as amended by Amendment No. 1 thereto dated February 9, 1999 (the "Merger Agreement"), between Hudson...Waiver Agreement • February 16th, 1999 • Langner Jay B • Airports, flying fields & airport terminal services • Delaware
February 9, 1999Langner Jay B • February 16th, 1999 • Airports, flying fields & airport terminal services
Reference is hereby made to Amendment No. 1, dated as of the date hereof, to the Agreement and Plan of Merger, dated as of November 22, 1998 (as amended by Amendment No. 1, being hereinafter referred to as the "Amended Merger Agreement") between Hudson General Corporation (the "Company") and River Acquisition Corp. (the "Merger Sub"). As of the Effective Time, subject to the satisfaction or waiver of all of the closing conditions contained in Article VII of the Amended Merger Agreement, we hereby agree, jointly and severally, to contribute 358,208 shares of Common Stock, par value $1.00 per share ("Common Stock"), of the Company to the Merger Sub; provided, however, that the number of shares contributed to Merger Sub shall be reduced on a share-for-share basis for (i) any shares of Common Stock that are contributed by other investors to Merger Sub and (ii) up to 35,000 options to purchase shares of Common Stock retained by other members of the Management Group in lieu of cancellation p
