AGREEMENT AND PLAN OF MERGER among NASSAU REINSURANCE GROUP HOLDINGS, L.P., DAVERO MERGER SUB CORP. and THE PHOENIX COMPANIES, INC. Dated as of September 28, 2015Merger Agreement • September 30th, 2015 • Phoenix Companies Inc/De • Life insurance • Delaware
Page ARTICLE I THE MERGER 1 Section 1.1 The Merger 1 Section 1.2 Closing; Effective Time 1 Section 1.3 Effects of the Merger 1 Section 1.4 Certificate of Incorporation; Bylaws 1 Section 1.5 Directors and Officers 2 ARTICLE II EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS 2 Section 2.1 Conversion of Securities 2 Section 2.2 Treatment of Options, Restricted Shares and Stock Units 2 Section 2.3 Surrender of Shares 3 Section 2.4 Dissenting Shares 4 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY 4 Section 3.1 Organization and Qualification; Subsidiaries 4 Section 3.2 Certificate of Incorporation and Bylaws 4 Section 3.3 Capitalization 4 Section 3.4 Authority 5 Section 3.5 No Conflict; Required Filings and Consents 5 Section 3.6 Compliance with Law 6 Section 3.7 SEC Filings; Financial Statements; No Undisclosed Liability 6 Section 3.8 Insurance Reports 7 Section 3.9 Insurance Matters 7 Section 3.10 Absence of Certain Changes or Events 8 Section 3.11 Abs
