PLAN AND AGREEMENT OF REORGANIZATIONPlan and Agreement of Reorganization • March 10th, 2010 • Ubroadcast, Inc. • Services-computer processing & data preparation
This Plan and Agreement of Reorganization (the “Plan of Reorganization”) is entered into as of the 18th day of February, 2010, by and among ubroadcast, inc., a Delaware corporation, sometimes referred to in this Plan of Reorganization as “Purchaser”, and those persons executing this Plan of Reorganization below, all of whom are shareholders of iVu Media Corp., a Delaware corporation. These persons, as a group, are sometimes referred to collectively in this Plan of Reorganization as the “Shareholders”. The Shareholders own, in the aggregate, 100% of all of the outstanding shares of common stock of iVu Media Corp., a Delaware corporation, sometimes referred to in this Plan of Reorganization as the “Acquired Corporation”.
