AGREEMENT AND PLAN OF MERGER AGREEMENT, dated as of June 30, 1999, among (i) Arnold Schron (the "Shareholder") and Spencer Analysis, Inc. a New York corporation, located at 116 John Street, New York, New York 10038 (the "Company"), and (ii) IBS...Agreement and Plan of Merger • July 15th, 1999 • Ibs Interactive Inc • Services-computer programming, data processing, etc. • New Jersey
