AGREEMENT AND PLAN OF MERGER BY AND AMONG ZANETT, INC. ZANETT DBA GROUP, INC. DBA GROUP, LLC JOSE DAVID RINCON, BILLY HYDEN, and DAVID WOLF Dated as of February 28, 2007Agreement and Plan of Merger • July 17th, 2007 • Zanett Inc • Services-business services, nec • New York
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into this 28th day of January, 2007 by and among ZANETT, INC., a Delaware corporation (“Zanett”), ZANETT DBA GROUP, INC. (“Merger Sub”), a Delaware corporation and a wholly-owned subsidiary of Zanett Commercial Solutions, Inc., DBA GROUP, LLC, a Georgia limited liability company (“DBA Group”), and Jose David Rincon, Billy Hyden, and David Wolf, individuals residing in the state of Georgia and owners of all of the outstanding equity interests of DBA Group (the “Equity Holders”).
