AGREEMENT AND PLAN OF MERGER Dated as of December 11, 2003 Among VERISITY LTD. ATLAS ACQUISITION CORP. SUMMIT VENTURES VI-A, L.P. as Securityholder Agent And AXIS SYSTEMS, INC.Merger Agreement • December 12th, 2003 • Verisity LTD • Services-prepackaged software • New York
Contract Type FiledDecember 12th, 2003 Company Industry JurisdictionAGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of December 11, 2003, among Verisity Ltd., an Israeli company (“Parent”), Atlas Acquisition Corp., a Delaware corporation and a direct wholly owned subsidiary of Parent (“Merger Sub”), Axis Systems, Inc., a Delaware corporation (the “Company”), and Summit Ventures VI-A, L.P., as Securityholder Agent.