AGREEMENT AND PLAN OF MERGER BY AND AMONG AGILYSYS, INC., AGILYSYS NJ, INC. AND INNOVATIVE SYSTEMS DESIGN, INC. May 25, 2007Merger Agreement • June 1st, 2007 • Agilysys Inc • Wholesale-electronic parts & equipment, nec • New Jersey
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of May 25, 2007, by and among Agilysys, Inc., an Ohio corporation (“Parent”), Agilysys NJ, Inc., a New Jersey corporation and wholly-owned subsidiary of Parent (“Merger Sub”), Innovative Systems Design, Inc. d/b/a Innovativ Systems Design, Inc., a New Jersey corporation (the “Company”) and, solely for purposes of Section 7.4 herein, Vincent James Spinella (the “Named Stockholder”).
