Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 38

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 38
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At or prior to the closing of the Merger, Atlantic International shall execute and/or deliver, or cause to be delivered, all of the following: (i) certificates duly executed by the appropriate officers of Atlantic International certifying as to (i) Atlantic International’s governing documents, (ii) resolutions of Atlantic International Board of Directors, authorizing the execution, delivery and performance of the Merger Agreement and all documents delivered by Atlantic International hereunder and in connection with the Merger, and (iii) incumbency and specimen signatures with respect to the officers of Atlantic International executing any document delivered by Atlantic International hereunder and in connection with the Merger, on behalf of Staffing 360, and containing certificates of good standing of Atlantic International and Merger Sub issued not earlier than five (5) Business Days prior to the closing of the Merger by the Secretary of State of the State of Delaware; and •Atlantic shall have delivered all other documents and other instruments as the Company may reasonably request in connection with the transactions contemplated by this Agreement. 7 Exclusive Dealing (Page 106) The Merger Agreement contains provisions that make it more difficult for each of Atlantic International and Staffing 360 to: (i) solicit, initiate, knowingly encourage, knowingly facilitate, discuss or negotiate, directly or indirectly, any inquiry, proposal or offer (written or oral) with respect to any Company Acquisition Proposal (as defined in the Merger Agreement); (ii) furnish or disclose any non -publicinformation to any person in connection with, or that would reasonably be expected to lead to, a Company Acquisition Proposal; (iii) enter into any contract or other arrangement or understanding regarding a Company Acquisition Proposal; (iv) prepare or take any steps in connection with a public offering of any equity interests of Staffing 360 (or any affiliate or successor thereof); or (v) otherwise cooperate in any way with, or assist or participate in, or knowingly facilitate or knowingly encourage any effort or attempt by any person to do or seek to do any of the foregoing. Termination of the Merger Agreement (Page 110) Termination by Mutual Consent The Merger Agreement may be terminated and the Merger may be abandoned at any time prior to the effective time by mutual written consent of Atlantic International and Staffing 360. •by either Atlantic International or Staffing 360, if the Merger has not been consummated prior to March31, 2025 (the “Termination Date”); provided that the right to terminate the Merger Agreement