AGREEMENT AND PLAN OF MERGER By and Among AULT INCORPORATED SL INDUSTRIES, INC. and LAKERS ACQUISITION CORP. Dated as of December 16, 2005Agreement and Plan of Merger • December 22nd, 2005 • Ault Inc • Electronic components, nec • Minnesota
Contract Type FiledDecember 22nd, 2005 Company Industry JurisdictionThis Agreement and Plan of Merger (this “Agreement”) is made and entered into as of December 16, 2005, by and among Ault Incorporated, a Minnesota corporation (the “Company”), SL Industries, Inc., a New Jersey corporation (“Purchaser”), and Lakers Acquisition Corp., a Minnesota corporation and wholly owned subsidiary of Purchaser (“Merger Sub”).
STOCK OPTION AGREEMENTStock Option Agreement • December 22nd, 2005 • Ault Inc • Electronic components, nec • Minnesota
Contract Type FiledDecember 22nd, 2005 Company Industry JurisdictionThis Stock Option Agreement, is dated as of December 16, 2005, and entered into by and among SL Industries, Inc., a New Jersey corporation (“Purchaser”), Lakers Acquisition Corp., a Minnesota corporation and a wholly-owned subsidiary of Purchaser (“Merger Sub”), and Ault Incorporated, a Minnesota corporation (the “Company”).