AGREEMENT AND PLAN OF MERGER dated as of April 24, 2018 by and among GLOBALSTAR, INC., GBS ACQUISITIONS, INC., THERMO ACQUISITIONS, INC., STOCKHOLDERS OF THERMO ACQUISITIONS, INC. and THERMO DEVELOPMENT, INC.,Agreement and Plan of Merger • April 25th, 2018 • Globalstar, Inc. • Communications services, nec • Delaware
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of April 24, 2018 is made by and among Globalstar, Inc., a Delaware corporation (“Parent”), GBS Acquisitions, Inc., a Delaware corporation and wholly owned Subsidiary (as defined below) of Parent (“Merger Sub”), Thermo Acquisitions, Inc., a Delaware corporation (“Thermo”), the undersigned stockholders of Thermo (collectively, the “Stockholders,” and each, individually, a “Stockholder”) and Thermo Development, Inc., in its capacity as the representative of the Stockholders as set forth herein (the “Stockholders’ Representative”).
