AGREEMENT AND PLAN OF MERGER dated December 15, 2010 FOR THE ACQUISITION OF XOFT, INC. BY XAC, INC. and iCAD, INC.Agreement and Plan of Merger • January 5th, 2011 • Icad Inc • Surgical & medical instruments & apparatus • Delaware
This Agreement and Plan of Merger (this “Agreement”) is made and entered into as of December 15, 2010, by and among iCAD, Inc., a Delaware corporation (“Buyer”), XAC, Inc., a Delaware corporation and wholly-owned subsidiary of Buyer (“Merger Sub”), Xoft, Inc., a Delaware corporation (the “Company”), and Jeffrey Bird as the representative of the Company’s stockholders (the “Stockholder Representative”).
