FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • January 17th, 2008 • Riptide Worldwide, Inc. • Services-prepackaged software
This “First Amendment” to Agreement and Plan of Merger dated as of January 11, 2008 amends the Agreement and Plan of Merger dated as of November 7, 2007 (“Agreement”) by and among Shea Development Corp. (now Riptide Worldwide, Inc.), a Nevada corporation (“Parent”), Shea Development Acquisition No. 4 Corp., a Nevada corporation and wholly-owned subsidiary of Parent (“Merger Sub”), CRI Advantage, Inc., an Idaho corporation (the “Company”), and holders of the all of the outstanding capital stock of the Company as listed on Schedule 1 hereto (“Certain Company Shareholders”). Holders of capital stock of the Company are collectively referred to herein as the “Company Shareholders,” and individually as a “Company Shareholder”. Capitalized terms used and not otherwise defined herein have the meanings set forth in Article 10 of the Agreement.
