AGREEMENT AND PLAN OF MERGERMerger Agreement • October 20th, 2017 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
This AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of October 19, 2017, is made and entered into by and among RESOURCES, INC., a Nevada corporation (the “Parent”), AGEAGLE MERGER SUB, INC., a Nevada corporation and a direct wholly owned subsidiary of Parent (“Merger Sub” and, together with Parent, the “EnerJex Parties” or the “Buyer Entities”), AGEAGLE AERIAL SYSTEMS, INC., a Nevada corporation (“AgEagle”), BRET CHILCOTT (the “AgEagle Principal Shareholder”) and the representative of the shareholders of AgEagle (the “Shareholders’ Representative”) set forth on Exhibit A to this Agreement (the “AgEagle Shareholders”), with reference to the following facts:
