AGREEMENT AND PLAN OF MERGERMerger Agreement • May 30th, 2017 • NXT-Id, Inc. • Services-detective, guard & armored car services • New York
This AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of May 19, 2017, is entered into by and among Nxt-ID, Inc., a Delaware corporation (“Purchaser” or “Parent”), Fit Merger Sub, Inc. a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Sub”), Fit Pay, Inc., a Delaware corporation (the “Company”), and Michael Orlando (“Orlando”), Giesecke & Devrient Mobile Security America, Inc. (“G&D”), the other stockholders of the Company (“Other Holders”) and Michael Orlando as the “Shareholder Representative” representing the Other Holders (each of Orlando, G&D and the Shareholder Representative, a “Seller” and collectively the “Sellers”) as the sole shareholders of the Company.
