RIGHTS AGREEMENT I.D. SYSTEMS, INC. and AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, As Rights Agent Dated as of July 1, 2009Rights Agreement • July 8th, 2009 • Id Systems Inc • Communications equipment, nec • Delaware
Until the close of business on the earlier of (i) the tenth day after the first date of a public announcement that a person (other than an Exempted Entity (as defined below) or Grandfathered Stockholder (as defined below)) or group of affiliated or associated persons becomes an Acquiring Person (as defined below) or (ii) the tenth business day (or such later date as may be determined by action of the Board of Directors prior to such time as any person or group of affiliated or associated persons becomes an Acquiring Person) after the date of commencement of, or the first public announcement of an intention to commence, a tender offer or exchange offer the consummation of which would result in a person (other than an Exempted Entity) or group of affiliated or associated persons becoming an Acquiring Person (the earlier of such dates being herein referred to as the “Distribution Date”), the Rights will be evidenced by the shares of Common Stock represented by certificates for Common Stoc
