AGREEMENT AND PLAN OF MERGER By and among USTER TECHNOLOGIES AG, BELINOR LTD. and ELBIT VISION SYSTEMS LTD. Dated as of February 11, 2018Merger Agreement • February 12th, 2018 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of February 11, 2018 by and among Uster Technologies AG, a Swiss company (“Parent”), Belinor Ltd., a company organized under the laws of the State of Israel and a wholly‑owned subsidiary of Parent (“Merger Sub”), and Elbit Vision Systems Ltd., a company organized under the laws of the State of Israel (the “Company”). All capitalized terms used in this Agreement shall have the respective meanings ascribed thereto in Article I.
