Company Performance Stock Units
4.5(c)
Company Plans
5.1(h)(i) Company Recommendation
5.1(c) Company Reports
5.1(e) Company Requisite Vote
5.1(c)
-iv-
Defined Term
Section
Company Restricted Stock Unit
4.5(c) Company SAR
4.5(b) Company Satellite
5.1(j)(i) Company Stock Plans
5.1(b)(i) Company Stockholders Meeting
6.4(a) Company U.S. Benefit Plans
5.1(h)(ii) Concession Agreement
5.1(j)(iv) Confidentiality Agreement
9.7 Contracts
5.1(d)(ii) Coordination
Agreement
5.1(j)(iv) D&O Insurance
6.11(b) Debt Offers
6.16(b) Debt
Payoffs
6.16(c) Delaware Certificate of Merger
1.3 DGCL
1.1 DIRECTV
Finance
6.16(a) Dissenting Stockholders
4.1(a) DLLCA
1.1 Effective Time
1.3 Employee Matters Agreement
6.9(a) Environmental Law
5.1(n) ERISA
5.1(h)(i) Exchange Act
5.1(d)(i) Exchange Agent
4.2(a) Exchange Fund
4.2(a) Exchange Ratio
4.1(a) Excluded Share
4.1(a) Excluded Shares
4.1(a) Export and Sanctions Regulations
5.1(k)(iv)(C) FAA
5.1(k)(iii)(A)
FAA Rules
6.12(a) FCC
5.1(d)(i) FCC License
5.1(k)(iii) FCPA
5.1(k)(iv) Final Order
7.2(c) Foreign Competition Laws
5.1(d)(i) Foreign
License
5.1(k)(iii) Foreign Regulator
5.1(d)(i) Foreign Regulatory Laws
5.1(d)(i) GAAP
5.1(a) Government Official
5.1(k)(iv)(A) Governmental
Consents
7.1(c) Governmental Entity
5.1(d)(i) Hazardous Substance
5.1(n)
-v-
Defined Term
Section
Health Status Reports
5.1(j)(i)
HSR Act
5.1(b)(iii)
Indemnified Parties
6.11(a)
Information Technology
5.1(p)(vii)
Intellectual Property
5.1(p)(vii)
IRS
5.1(h)
ITU
5.1(j)(ii)
JV Entity
5.1(a)
Knowledge of the Company
5.1(a)
Knowledge of Parent
5.2(g)
Laws
5.1(k)(i)
Liberty TSA
5.1(o)(viii)
Licenses
5.1(k)(i)
Lien
5.1(b)(ii)
LLC Agreement
2.2
Material Contracts
5.1(l)
Merger
Recitals
Merger Consideration
4.1(a)
Merger Sub
Preamble
Multiemployer Plan
5.1(h)(iii)
NASDAQ
5.1(a)
NYSE
4.1(a)
Offer Documents
6.16(b)
Option Exchange Ratio
4.5(a)
Order
7.1(d)
Parent
Preamble
Parent Common Stock
Recitals
Parent Common Stock Unit
5.2(b)
Parent Disclosure Letter
5.2
Parent Material Adverse Effect
5.2(a)
Parent Option
5.2(b)
Parent Pension Plan
5.2(h)
Parent Preferred Stock
5.2(b)
Parent Reports
5.2(e)(i)
Parent Stock Plans
5.2(b)
Parent Stock Unit
4.5(c)
PBGC
5.1(h)(iii)
Permitted Liens
5.1(a)
Person
4.2(b)
Preferred Stock
5.1(b)(i)
Prospectus/Proxy Statement
6.3(a)
PUC
5.1(d)(i)
Registered IP
5.1(p)(i)
Representatives
6.2(a)
-vi-
Defined Term
Section
Regulatory Material Adverse Effect
6.5(a)
Required Governmental Consents
7.2(c)
S-4 Registration Statement
6.3(a)
Sarbanes-Oxley Act
5.1(e)
SEC
4.5(f)
Securities Act
4.5(f)
Share
4.1(a)
Shares
4.1(a)
Significant Subsidiary
5.1(a)
Specified Subsidiaries
5.1(d)(ii)
State License
5.1(k)(iii)
Stock Consideration
4.1(a)
Subsidiary
5.1(a)
Superior Proposal
6.2(d)
Superior Proposal Termination
6.2(f)
Surviving Company
1.1
Takeover Statute
5.1(m)
Tax
5.1(o)
Tax Return
5.1(o)
Taxable
5.1(o)
Taxes
5.1(o)
Termination Date
8.2
Termination Fee
8.5(b)
Trademarks
5.1(p)(vii)
Trading Day
4.1(a)
Uncertificated Share
4.1(a)
Utilities Laws
5.1(d)(i)
-vii-
AGREEMENT AND PLAN OF MERGER
AGREEMENT AND PLAN OF MERGER (hereinafter referred to as this "Agreement"),
dated as of May 18, 2014, among DIRECTV, a Delaware corporation (the "Company"),
AT&T Inc., a Delaware corporation ("Parent"), and Steam Merger Sub LLC, a
Delaware limited liability company and a wholly owned Subsidiary of Parent
("Merger Sub").
RECITALS
WHEREAS, the Board of Directors of the Company, by resolutions duly adopted, has
approved the merger of the Company with and into Merger Sub (the "Merger") upon
the terms and subject to the conditions set forth in this Agreement and adopted,
approved and declared advisable this Agreement, and has resolved to recommend to
its stockholders the adoption of this Agreement;
WHEREAS, the