4.5(a)
Company Plan
5.1(h)(i)
Company Recommendation
5.1(c)
Company Related Parties
8.5(g)
Company Reports
5.1(e)(i)
Company Required Regulatory Law Filings
5.1(d)(i)
Company SAR
4.5(b)
iii
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Defined Term
Section
Company Securities
5.2(b)(iii)
Company Restricted Stock Award
9.14
Company Stock Plan
4.5(a)
Company Systems
1.4
Company Termination Fee
8.5(b)
Confidentiality Agreement
9.14
Continuation Period
6.9(a)
Continuing Employee
6.9(a)
Contract
9.14
D&O Insurance
6.11(b)
Debt Commitment Letter
5.2(g)(ii)
Debt Commitment Parties
5.2(g)(ii)
Debt Financing
5.2(g)(ii)
Debt Payoff
5.2(g)(i)
DGCL
Recitals
Dissenting Shares
1.4
Dissenting Stockholders
9.14
Effective Time
1.4
Environmental Law
9.14
Equity Commitment Letter
5.2(g)(iii)
Equity Financing
5.2(g)(iii)
Equity Investor
5.2(g)(iii)
ERISA
5.1(h)(i)
ERISA Affiliate
1.4
Exchange Act
5.1(d)(i)
Exchange Agreement
Recitals
Exchange Fund
4.2(a)
Excluded Shares
4.1(a)(i)
Existing Credit Facility
9.14
Existing Exchange Agreement
9.14
Expiration Date
1.1(c)
Extension Deadline
1.1(d)(ii)
FCPA
5.1(j)(iii)
Federal Health Care Program
5.1(p)(ii)(A)
Financial Advisor
6.2(b)
Financing
5.2(g)(iii)
Founder Exchange and Tender
Recitals
GAAP
9.14
Governmental Entity
9.14
Guarantor
Recitals
Hazardous Substance
9.14
Health Care Permits
9.14
Health Regulatory Laws
9.14
Holdings
Recitals
HIPAA
5.1(p)(iv)
iv
--------------------------------------------------------------------------------
Defined Term
Section
HSR Act
5.1(d)(i)
Indebtedness
9.14
Indemnified Parties
6.11(a)
Initial Expiration Date
1.1(c)
Intellectual Property
9.14
Intervening Event
6.2(d)
IRS
5.1(h)(iii)
Issuer
5.2(g)(ii)
Knowledge of the Company
9.14
Knowledge of Parent
9.14
Law
9.14
Lease
5.1(q)
Leased Real Property
5.1(q)
Lender
5.2(g)(ii)
Licenses
5.1(j)(ii)
Lien
9.14
Limited Guarantee
Recital
Material Contracts
5.1(k)(i)
Merger
Recitals
Merger Consideration
4.1(a)(i)
Merger Sub
Preamble
Merger Sub Share
4.1(b)
NASDAQ
9.14
Offer
Recitals
Offer Acceptance Time
1.1(g)(ii)
Offer Acceptance Consideration
1.1(g)(ii)
Offer Closing
1.1(g)(ii)
Offer Commencement Date
1.1(f)
Offer Conditions
1.1(b)
Offer Documents
1.1(f)
Offer Price
Recitals
Offer to Purchase
1.1(f)
Open Source Software
9.14
Operating Agreement
9.14
Option Payment
4.5(a)
Orders
5.1(g)(i)
Parent
Preamble
Parent Disclosure Letter
5.2
Parent Material Adverse Effect
9.14
Parent Plan
6.9(b)
Parent Related Parties
8.5(g)
Parent Required Regulatory Law Filings
5.2(d)
Parent Termination Fee
8.5(d)
Paying Agent
4.2(a)
Permitted Liens
9.14
v
--------------------------------------------------------------------------------
Defined Term
Section
Person
9.14
Personal Data
9.14
Post-Closing Company Required Regulatory Law Filings
5.1(d)(i)
Pre-Closing Company Required Regulatory Law Filings
5.1(d)(i)
Pre-Closing Period
6.1(a)
Preferred Shares
5.1(b)(i)
Proceedings
9.14
Registered IP
5.1(o)(i)
Regulatory Actions
6.5(e)
Representatives
6.2(a)(i)
Required Financing Amount
5.2(g)(i)
Required Regulatory Law Filings
5.2(d)
SAR Payment
4.5(b)
Sarbanes-Oxley Act
5.1(e)(i)
Schedule TO
1.1(f)(i)
Schedule 14D-9
1.1(h)(i)
SEC
5.1(e)(i)
Second Request
6.5(c)
Securities Act
5.1(d)(i)
Series B Units
Recitals
Shares
Recitals
Stockholder List Date
1.1(i)
Subsidiary
9.14
Superior Proposal
6.2(d)
Support Agreements
Recitals
Surviving Corporation
1.2
Takeover Statute
5.1(l)
Tax
9.14
Tax Receivable Agreement
9.14
Tax Return
9.14
Taxable
9.14
Taxes
9.14
Termination Date
8.2(a)
Transaction Documents
9.14
Uncertificated Shares
4.1(a)(i)
WARN Act
5.1(i)(ii)
Willful Breach
9.14
vi
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AGREEMENT AND PLAN OF MERGER
This AGREEMENT AND PLAN OF MERGER (this "Agreement"), is entered into as of July
12, 2020, by and among Benefytt Technologies, Inc., a Delaware corporation (the
"Company"), Daylight Beta Parent Corp., a Delaware corporation ("Parent"), and
Daylight Beta Corp., a Delaware corporation and a direct wholly owned Subsidiary
of Parent ("Merger Sub").
RECITALS
WHEREAS, pursuant to this