December 11, 2017MTY Food Group Inc. • January 16th, 2018
Re: Voting Support AgreementMTY Food Group Inc. • January 16th, 2018
We understand that the Acquirer and Imvescor Restaurant Group Inc. (the “Corporation”) wish to enter into a combination agreement (the “Combination Agreement”) on terms substantially similar to those previously discussed with the Corporation, which consists of an aggregate consideration of $4.10 per Share (as defined herein) of the Corporation. The consideration shall be payable as follows: a maximum of 50 million dollars in cash and the balance in newly issued common shares of the Acquirer. Such common shares shall be listed on the Toronto Stock Exchange.
Re: Voting Support AgreementMTY Food Group Inc. • January 16th, 2018
MTY FOOD GROUP INC. - and - IMVESCOR RESTAURANT GROUP INC. COMBINATION AGREEMENT December 11, 2017Combination Agreement • January 16th, 2018 • MTY Food Group Inc.
WHEREAS MTY and Imvescor wish to enter into an agreement providing for the amalgamation of a direct or indirect wholly-owned subsidiary of MTY to be incorporated by MTY (“MTY Subco”) and Imvescor under Section 181 of the Canada Business Corporations Act to form Amalco (as defined herein) (the “Amalgamation”) subject to the terms and conditions of this Agreement, as a result of which Amalco will be a wholly-owned subsidiary of MTY; and
December 11, 2017MTY Food Group Inc. • January 16th, 2018
