Unaudited Condensed Combined Pro Forma Financial InformationMerger Agreement • July 18th, 2005 • Websidestory Inc • Services-business services, nec
On May 4, 2005, pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated February 8, 2005, entered into by and among WebSideStory, WSSI Acquisition Company, a California corporation and a direct, wholly-owned subsidiary of WebSideStory (“Merger Sub”), the Company, and Charles M. Linehan, as the Holder Representative WebSideStory acquired the Company by merging the Company with and into Merger Sub, with the Company surviving as a wholly owned subsidiary of WebSideStory. Under the terms of the Merger Agreement, WebSideStory paid approximately $4,199,000 in cash and issued 2,958,714 shares of common stock and 164,434 options to purchase WebSideStory common stock in exchange for the outstanding capital stock and options of the Company. The Company’s shareholders also have the right to receive an earn-out payment, not to exceed $4.1 million, contingent on achievement of certain revenues by the Company in the fifteen-month period following the closing. Because the earn-ou
