AGREEMENT AND PLAN OF MERGER BY AND BETWEEN HB-PS HOLDING COMPANY, INC. AND APPLICA INCORPORATED AND JOINED IN BY NACCO INDUSTRIES, INC. FOR THE SPECIFIC PURPOSES HEREIN PROVIDED JULY 23, 2006Merger Agreement • July 26th, 2006 • Applica Inc • Electric housewares & fans • Delaware
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), is dated as of July 23, 2006, by and between HB-PS Holding Company, Inc., a Delaware corporation (“Hampton”) and a wholly owned, indirect subsidiary of NACCO Industries, Inc., a Delaware corporation (“Parent”), and Applica Incorporated, a Florida corporation (“Apple”), and is joined in by Parent for the specific purposes herein provided.
