AGREEMENT AND PLAN OF MERGER
BY AND AMONG
NEXTWAVE WIRELESS INC.,
GO ACQUISITION CORP.,
GO NETWORKS, INC.
AND
NECHEMIA J. PERES
as the Stockholder Representative
Dated as of December 31, 2006
TABLE OF CONTENTS
PAGE
ARTICLE I DEFINITIONS.....................................................1
1.1 Certain Definitions................................................1
ARTICLE II THE MERGER.....................................................14
2.1 The Merger........................................................14
2.2 Closing...........................................................14
2.3 Effective Time....................................................14
2.4 Effects of the Merger.............................................14
2.5 Certificate of Incorporation and By-laws..........................15
2.6 Directors.........................................................15
2.7 Officers..........................................................15
ARTICLE III EFFECT OF THE MERGER ON THE SECURITIES OF THE
COMPANY AND MERGER SUB.........................................15
3.1 Effect on Capital Stock...........................................15
3.2 Payment of Merger Consideration...................................17
3.3 Aggregate Consideration Spreadsheet...............................20
3.4 Stockholder Representative Reserve................................20
3.5 Appraisal Rights..................................................21
ARTICLE IV TERMINATION, AMENDMENT AND WAIVER..............................22
4.1 Termination of Agreement..........................................22
4.2 Effect of Termination.............................................22
ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE COMPANY..................23
5.1 Organization and Good Standing....................................23
5.2 Authorization of Agreement........................................23
5.3 Conflicts; Consents of Third Parties..............................24
5.4 Capitalization....................................................25
5.5 Subsidiaries......................................................26
5.6 Corporate Records.................................................26
5.7 Financial Statements..............................................27
5.8 No Undisclosed Liabilities........................................27
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TABLE OF CONTENTS
(CONTINUED)
PAGE
5.9 Absence of Certain Developments...................................28
5.10 Taxes.............................................................29
5.11 Property and Assets...............................................33
5.12 Technology and Intellectual Property..............................34
5.13 Insurance.........................................................38
5.14 Material Contracts and Obligations................................39
5.15 Compliance........................................................39
5.16 Employee Benefits.................................................39
5.17 Labor and Employment Matters......................................42
5.18 Litigation........................................................43
5.19 Grants, Incentives and Subsidies..................................43
5.20 Related Party Transactions........................................44
5.21 Banks.............................................................44
5.22 State Takeover Statutes...........................................44
5.23 Financial Advisors................................................44
5.24 Loan Obligation...................................................45
5.25 Note Obligation...................................................45
ARTICLE VI REPRESENTATIONS AND WARRANTIES OF PARENT AND
MERGER SUB.....................................................45
6.1 Organization and Good Standing....................................45
6.2 Authorization of Agreement........................................45
6.3 Conflicts; Consents of Third Parties..............................46