AGREEMENT AND PLAN OF MERGER dated as of April 14, 2024, among Resideo Technologies, Inc., POP ACQUISITION INC. and Snap One Holdings Corp.Agreement and Plan of Merger • April 18th, 2024 • Snap One Holdings Corp. • Electronic components & accessories • Delaware
AGREEMENT AND PLAN OF MERGER dated as of April 14, 2024 (this “Agreement”), by and among Resideo Technologies, Inc., a Delaware corporation (“Parent”), Pop Acquisition Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), and Snap One Holdings Corp., a Delaware corporation (the “Company”). Unless expressly stated otherwise, Parent, Merger Sub and the Company are referred to in this Agreement individually as a “party” and collectively as the “parties.”
Snap One, LLCPersonal and Confidential • April 18th, 2024 • Snap One Holdings Corp. • Electronic components & accessories • Delaware
As you know, Snap One Holdings Corp. (“Snap”) entered into that certain Agreement and Plan of Merger, dated as of April [ ], 2024, with Resideo Technologies, Inc. (“Buyer”) and Pop Acquisition Inc., a wholly owned subsidiary of Buyer (the “Merger Agreement”) pursuant to which Buyer will acquire Snap (the “Transaction” and the consummation of such Transaction, the “Closing”). To reward you for your dedicated service to Snap One, LLC (the “Company”), the Company is pleased to provide you with a retention bonus opportunity. The terms and conditions of the retention bonus opportunity are discussed below.
