Document:

exv4w1

Exhibit 4.1

EXECUTION
VERSION

AGREEMENT AND PLAN OF MERGER

by and among

DELL INC.

DELL TRINITY HOLDINGS CORP.

and

3PAR INC.

Dated as of August 15, 2010

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I DEFINITIONS & INTERPRETATIONS
	 	 	2	 
	 
	 	 	 	 
	1.1 Certain Definitions
	 	 	2	 
	1.2 Additional Definitions
	 	 	11	 
	1.3 Certain Interpretations
	 	 	13	 
	 
	 	 	 	 
	ARTICLE II THE OFFER
	 	 	14	 
	 
	 	 	 	 
	2.1 The Offer
	 	 	14	 
	2.2 Company Actions
	 	 	18	 
	2.3 Company Board of Directors and Committees; Section 14(f) of Exchange Act
	 	 	20	 
	2.4 Top-Up Option
	 	 	22	 
	 
	 	 	 	 
	ARTICLE III THE MERGER
	 	 	23	 
	 
	 	 	 	 
	3.1 The Merger
	 	 	23	 
	3.2 The Effective Time
	 	 	23	 
	3.3 The Closing
	 	 	24	 
	3.4 Effect of the Merger
	 	 	24	 
	3.5 Certificate of Incorporation and Bylaws
	 	 	24	 
	3.6 Directors and Officers
	 	 	24	 
	3.7 Effect on Capital Stock
	 	 	25	 
	3.8 Exchange of Certificates
	 	 	28	 
	3.9 No Further Ownership Rights in Company Common Stock
	 	 	31	 
	3.10 Lost, Stolen or Destroyed Certificates
	 	 	31	 
	3.11 Necessary Further Actions
	 	 	31	 
	 
	 	 	 	 
	ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY
	 	 	32	 
	 
	 	 	 	 
	4.1 Organization; Good Standing
	 	 	32	 
	4.2 Corporate Power; Enforceability
	 	 	32	 
	4.3 Requisite Stockholder Approval
	 	 	32	 
	4.4 Non-Contravention
	 	 	33	 
	4.5 Required Governmental Approvals
	 	 	33	 
	4.6 Company Capitalization
	 	 	33	 
	4.7 Subsidiaries
	 	 	34	 
	4.8 Company SEC Reports
	 	 	35	 
	4.9 Company Financial Statements
	 	 	36	 
	4.10 No Undisclosed Liabilities
	 	 	38	 
	4.11 Absence of Certain Changes.
	 	 	38	 
	4.12 Material Contracts
	 	 	38	 
	4.13 Real Property
	 	 	41	 
	4.14 Personal Property and Assets
	 	 	41	 
	4.15 Intellectual Property
	 	 	41	 

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	 	 	Page	 
	4.16 Tax Matters
	 	 	44	 
	4.17 Employment Matters
	 	 	46	 
	4.18 Employee Plans
	 	 	47	 
	4.19 Labor Matters
	 	 	50	 
	4.20 Permits
	 	 	51	 
	4.21 Compliance with Laws
	 	 	51	 
	4.22 Environmental Matters
	 	 	52	 
	4.23 Litigation
	 	 	52	 
	4.24 Insurance
	 	 	53	 
	4.25 Related Party Transactions
	 	 	53	 
	4.26 Brokers
	 	 	53	 
	4.27 Opinion of Financial Advisor
	 	 	53	 
	4.28 State Anti-Takeover Statutes
	 	 	54	 
	4.29 Schedule TO; Schedule 14D-9 and Proxy Statement
	 	 	54	 
	 
	 	 	 	 
	ARTICLE V REPRESENTATIONS AND WARRANTIES OF PARENT AND ACQUISITION SUB
	 	 	55	 
	 
	 	 	 	 
	5.1 Organization; Good Standing
	 	 	55	 
	5.2 Corporate Power; Enforceability
	 	 	55	 
	5.3 Non-Contravention
	 	 	55	 
	5.4 Required Governmental Approvals
	 	 	56	 
	5.5 Litigation
	 	 	56	 
	5.6 Schedule TO; Schedule 14D-9 and Proxy Statement
	 	 	56	 
	5.7 Ownership of Company Capital Stock
	 	 	57	 
	5.8 Brokers
	 	 	57	 
	5.9 Operations of Acquisition Sub
	 	 	57	 
	5.10 Funds
	 	 	57	 
	 
	 	 	 	 
	ARTICLE VI COVENANTS OF THE COMPANY
	 	 	57	 
	 
	 	 	 	 
	6.1 Interim Conduct of Business
	 	 	57	 
	6.2 No Solicitation
	 	 	60	 
	6.3 Company Board Recommendation
	 	 	62	 
	6.4 Access
	 	 	64	 
	6.5 Certain Litigation
	 	 	64	 
	6.6 Section 16(b) Exemption.
	 	 	65	 
	 
	 	 	 	 
	ARTICLE VII COVENANTS OF PARENT AND ACQUISITION SUB
	 	 	65	 
	 
	 	 	 	 
	7.1 Directors’ and Officers’ Indemnification and Insurance
	 	 	65	 
	7.2 Employee Matters
	 	 	67	 
	7.3 Obligations of Acquisition Sub
	 	 	70	 
	 
	 	 	 	 
	ARTICLE VIII ADDITIONAL COVENANTS OF ALL PARTIES
	 	 	70	 
	 
	 	 	 	 
	8.1 Reasonable Best Efforts to Complete
	 	 	70	 
	8.2 Regulatory Filings
	 	 	71	 
	8.3 Company Stockholder Meeting; Short-Form Merger
	 	 	73	 
	8.4 Proxy Statement
	 	 	73	 

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	 	 	Page	 
	8.5 Anti-Takeover Laws.
	 	 	74	 
	8.6 Notification of Certain Matters
	 	 	74	 
	8.7 Public Statements and Disclosure
	 	 	75	 
	8.8 Confidentiality
	 	 	75	 
	8.9 Employment Compensation Approval
	 	 	75	 
	 
	 	 	 	 
	ARTICLE IX CONDITIONS TO THE MERGER
	 	 	76	 
	 
	 	 	 	 
	9.1 Conditions to Each Party’s Obligations
	 	 	76	 
	 
	 	 	 	 
	ARTICLE X TERMINATION, AMENDMENT AND WAIVER
	 	 	76	 
	 
	 	 	 	 
	10.1 Termination Prior to the Appointment Time
	 	 	76	 
	10.2 Termination Before or After Appointment Time and Prior to Effective Time
	 	 	78	 
	10.3 Notice of Termination; Effect of Termination
	 	 	78	 
	10.4 Fees and Expenses
	 	 	79	 
	10.5 Amendment
	 	 	80	 
	10.6 Extension; Waiver
	 	 	80	 
	 
	 	 	 	 
	ARTICLE XI GENERAL PROVISIONS
	 	 	80	 
	 
	 	 	 	 
	11.1 Survival of Representations, Warranties and Covenants
	 	 	80	 
	11.2 Notices
	 	 	80	 
	11.3 Assignment
	 	 	82	 
	11.4 Entire Agreement
	 	 	82	 
	11.5 Third Party Beneficiaries
	 	 	82	 
	11.6 Severability
	 	 	82	 
	11.7 Remedies
	 	 	83	 
	11.8 Governing Law
	 	 	83	 
	11.9 Consent to Jurisdiction
	 	 	83	 
	11.10 WAIVER OF JURY TRIAL
	 	 	84	 
	11.11 Company Disclosure Letter References
	 	 	84	 
	11.12 Counterparts
	 	 	84	 

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AGREEMENT AND PLAN OF MERGER

     THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of
August 15, 2010 by and among Dell Inc., a Delaware corporation (“Parent”), Dell Trinity
Holdings Corp., a Delaware corporation and a wholly-owned subsidiary of Parent (“Acquisition
Sub”), and 3PAR Inc., a Delaware corporation (the “Company”). All capitalized terms
used in this Agreement shall have the respective meanings ascribed thereto in Article I.

W I T N E S S E T H:

     WHEREAS, it is proposed that Acquisition Sub shall commence a tender offer (the
“Offer”) to acquire all of the outstanding shares (the “Company Shares”) of Company
Common Stock, at a price of $18.00 per Company Share, net to the holder thereof in cash (such
amount, or any higher amount per Company Share that may be paid pursuant to the Offer, being
hereinafter referred to as the “Offer Price”), all upon the terms and subject to the
conditions set forth herein.

     WHEREAS, it is also proposed that, following the consummation of the Offer, Acquisition Sub
will merge with and into the Company in accordance with the General Corporation Law of the State of
Delaware (the “DGCL”) and each Company Share that is not tendered and accepted pursuant to
the Offer will thereupon be cancelled and converted into the right to receive cash in an amount
equal to the Offer Price, all upon the terms and subject to the conditions set forth herein.

     WHEREAS, the Company Board has (i) determined that it is in the best interests of the Company
and its stockholders, and declared it advisable, to enter into this Agreement, (ii) approved the
execution and delivery by the Company of this Agreement, the performance by the Company of its
covenants and agreements contained herein and the consummation of the transactions contemplated
hereby in accordance with the DGCL upon the terms and subject to the conditions contained herein
and (iii) resolved to recommend that the holders of Company Shares accept the Offer, tender their
Company Shares to Acquisition Sub pursuant to the Offer and, if required by the applicable
provisions of Delaware Law, adopt this Agreement.

     WHEREAS, the board of directors of Parent and the board of directors of Acquisition Sub have
(i) declared it advisable to enter into this Agreement, and (ii) approved the execution and
delivery by Parent and Acquisition Sub, respectively, of this Agreement, the performance by Parent
and Acquisition Sub, respectively, of their respective covenants and agreements contained herein
and the consummation of the transactions contemplated hereby in accordance with the DGCL upon the
terms and subject to the conditions contained herein.

     WHEREAS, Parent, Acquisition Sub and certain stockholders of the Company (the
“Stockholders”) have entered into a certain Tender and Voting Agreement, dated as of the
date hereof (the “Tender and Voting Agreement”), providing that, among other things,
subject to the terms and conditions set forth therein, the Stockholders will support the
transactions contemplated by this Agreement.

 

 

     WHEREAS, Parent, Acquisition Sub and the Company desire to make certain
representations, warranties, covenants and agreements in connection with this Agreement and
the transactions contemplated hereby to prescribe certain conditions with respect to the
consummation of the transactions contemplated by this Agreement.

     NOW, THEREFORE, in consideration of the foregoing premises and the representations,
warranties, covenants and agreements set forth herein, as well as other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged and accepted, and
intending to be legally bound hereby, Parent, Acquisition Sub and the Company hereby agree as
follows:

ARTICLE I

DEFINITIONS & INTERPRETATIONS

     1.1 Certain Definitions. For all purposes of and under this Agreement, the following
capitalized terms shall have the following respective meanings:

          “Acquisition Proposal” shall mean any inquiry, offer or proposal (other than an
inquiry, offer or proposal by Parent or Acquisition Sub) to engage in an Acquisition Transaction.

          “Acquisition Transaction” shall mean any transaction or series of related transactions
(other than the transactions contemplated by this Agreement) involving: (i) the purchase or other
acquisition from the Company by any Person or “group” (as defined in or under Section 13(d) of the
Exchange Act), directly or indirectly, of more than twenty percent (20%) of the Company Common
Stock outstanding as of the consummation of such purchase or other acquisition, or any tender offer
or exchange offer by any Person or “group” (as defined in or under Section 13(d) of the Exchange
Act) that, if consummated in accordance with its terms, would result in such Person or “group”
beneficially owning more than twenty percent (20%) of the Company Common Stock outstanding as of
the consummation of such tender or exchange offer; (ii) a merger, consolidation, business
combination or other similar transaction involving the Company pursuant to which the stockholders
of the Company immediately preceding such transaction hold less than eighty percent (80%) of the
voting equity interests in the surviving or resulting entity of such transaction; (iii) a sale,
transfer, acquisition or disposition of more than twenty percent (20%) of the consolidated assets
of the Company and its Subsidiaries taken as a whole (measured by the fair market value thereof);
or (iv) a liquidation, dissolution or other winding up of the Company and its Subsidiaries, taken
as a whole.

          “Affiliate” shall mean, with respect to any Person, any other Person which directly or
indirectly controls, is controlled by or is under common control with such Person. For purposes of
the immediately preceding sentence, the term “control” (including, with correlative meanings, the
terms “controlling,” “controlled by” and “under common control with”), as used with respect to any
Person, means the possession, directly or indirectly, of the power to direct or cause the direction
of the management and policies of such Person, whether through ownership of voting securities, by
contract or otherwise.

     “Antitrust Law” shall mean the Sherman Antitrust Act of 1890, as amended, the Clayton
Act of 1914, as amended,
the HSR Act, the Federal Trade Commission Act, as amended,

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and all other
Laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or
effect of monopolization or restraint of trade or significant impediments or lessening of
competition or the creation or strengthening of a dominant position through merger or acquisition,
or require parties to certain mergers, acquisitions and joint ventures to submit notifications to
Governmental Authorities charged with enforcing applicable Antitrust Laws (commonly known as merger
control), in any case that are applicable to the transactions contemplated by this Agreement.

          “Business Day” shall mean any day, other than a Saturday, Sunday and any day which is
a legal holiday under the laws of the State of California or New York or is a day on which banking
institutions located in the States of California or New York are authorized or required by Law or
other governmental action to close.

          “Code” shall mean the Internal Revenue Code of 1986, as amended, and the regulations
promulgated thereunder, or any successor statute, and regulations thereto.

          “Company Balance Sheet” shall mean the consolidated balance sheet of the Company and
its Subsidiaries as of March 31, 2010.

          “Company Balance Sheet Date” shall mean March 31, 2010.

          “Company Board” shall mean the Board of Directors of the Company.

          “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred
Stock.

          “Company Common Stock” shall mean the Common Stock, par value $0.001 per share, of the
Company.

          “Company ESPP” shall mean the Company’s 2007 Employee Stock Purchase Plan.

          “Company Intellectual Property” shall mean all Intellectual Property that is used or
held for use by the Company or any of its Subsidiaries in connection with the business of the
Company and its Subsidiaries.

          “Company Intellectual Property Rights” shall mean all of the Intellectual Property
Rights owned by, or filed in the name of, the Company or any of its Subsidiaries.

          “Company Material Adverse Effect” shall mean any change, effect, event, circumstance
or development (each a “Change”, and collectively, “Changes”), individually or in
the aggregate, and taken together with all other Changes, that has had or would reasonably be
expected to have a material adverse effect on the business, operations, financial condition or
results of operations of the Company and its Subsidiaries, taken as a whole; provided, however,
that no Change resulting from or arising out of any of the following shall be taken into account
when determining whether a “Company Material Adverse Effect” has occurred or may, would or
could occur:

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               (i) general economic conditions (or changes in such conditions) in the United States or any
other country or region in the world, or conditions in the global economy generally;

               (ii) conditions (or changes in such conditions) in the securities markets, capital markets,
credit markets, currency markets or other financial markets in the United States or any other
country or region in the world, including (A) changes in interest rates in the United States or any
other country or region in the world and changes in exchange rates for the currencies of any
countries and (B) any suspension of trading in securities (whether equity, debt, derivative or
hybrid securities) generally on any securities exchange or over-the-counter market operating in the
United States or any other country or region in the world;

               (iii) conditions (or changes in such conditions) in the industries in which the Company and
its Subsidiaries conduct business;

               (iv) political conditions (or changes in such conditions) in the United States or any other
country or region in the world or acts of war, sabotage or terrorism (including any escalation or
general worsening of any such acts of war, sabotage or terrorism) in the United States or any other
country or region in the world;

               (v) earthquakes, hurricanes, tsunamis, tornadoes, floods, mudslides, wild fires or other
natural disasters, weather conditions and other force majeure events in the United States or any
other country or region in the world;

               (vi) changes in Law (or the interpretation thereof) or changes in GAAP or other accounting
standards (or the interpretation thereof);

               (vii) the announcement of this Agreement or the pendency or consummation of the transactions
contemplated hereby, including (A) the identity of Parent, (B) the loss or departure of officers or
other employees of the Company or any of its Subsidiaries resulting from or arising out of the
transactions contemplated by this Agreement, (C) the termination or potential termination of (or
the failure or potential failure to renew or enter into) any Contracts with customers, suppliers,
distributors or other business partners resulting from or arising out of the transactions
contemplated by this Agreement, (D) any other negative development (or potential negative
development) in the Company’s relationships with any of its customers, suppliers, distributors or
other business partners resulting from or arising out of the transactions contemplated by this
Agreement, and (E) any decline or other degradation in the Company’s customer bookings resulting
from or arising out of the transactions contemplated by this Agreement; provided that this clause
(vii) shall be disregarded to the extent “Company Material Adverse Effect” modifies or qualifies
the Company’s representations or warranties contained in Section 4.4 or Section
4.5;

               (viii) any actions taken or failure to take action, in each case, to which
Parent has approved, consented to or requested; or compliance with the terms of, or the taking
of any action required or contemplated by, this Agreement; or the failure to take any action
prohibited by this Agreement;

-4-

 

               (ix) changes in the Company’s stock price or the trading volume of the Company’s stock, in and
of itself, or any failure by the Company to meet any public estimates or expectations of the
Company’s revenue, earnings or other financial performance or results of operations for any period,
in and of itself, or any failure by the Company to meet any internal budgets, plans or forecasts of
its revenues, earnings or other financial performance or results of operations, in and of itself
(but not, in each case, the underlying cause of such changes or failures, unless such changes or
failures would otherwise be excepted from this definition); and

               (x) any legal proceedings made or brought by any of the current or former stockholders of the
Company (on their own behalf or on behalf of the Company) against the Company, which arise out of
the Merger or in connection with any other transactions contemplated by this Agreement;

except to the extent such effects resulting from or arising out of the matters described in clauses
(i) through (vi) above disproportionately affect the Company and its Subsidiaries, taken as a
whole, as compared to other companies that conduct business in the industry in which the Company
and its Subsidiaries conduct business.

          “Company Options” shall mean any options to purchase shares of Company Common Stock
outstanding under any of the Company Stock Plans.

          “Company Preferred Stock” shall mean the Preferred Stock, par value $0.001 per share,
of the Company.

          “Company Restricted Stock Award” means each award with respect to a share of
restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of
determination, subject to forfeiture or repurchase by the Company.

          “Company RSUs” shall mean each award of restricted stock units outstanding under any
of the Company Stock Plans.

          “Company Stock Plans” shall mean (i) the Company’s 2007 Amended and Restated Equity
Incentive Plan, the Company’s 2000 Management Stock Option Plan and the Company’s 1999 Stock Plan
and (ii) any other compensatory equity plans or Contracts of the Company, including option plans or
Contracts assumed by the Company pursuant to a merger, acquisition or other similar transaction.

          “Company Stockholders” shall mean holders of shares of Company Capital Stock, in their
respective capacities as such.

          “Continuing Employees” shall mean all employees of the Company who are offered and
timely accept employment by Parent or any Subsidiary of Parent, who continue their employment with
the Company or, outside the U.S., who remain or become employees of the
Company, Parent or any Subsidiary of Parent as required by applicable Law.

          “Contract” shall mean any contract, subcontract, agreement, commitment, note, bond,
mortgage, indenture, lease, license, sublicense or other instrument, obligation or binding

-5-

 

arrangement or understanding of any kind or character, whether oral or in writing.

          “Delaware Law” shall mean the DGCL and any other applicable law (including common law)
of the State of Delaware.

          “DOJ” shall mean the United States Department of Justice or any successor thereto.

          “DOL” shall mean the United States Department of Labor or any successor thereto.

          “Domain Name” shall mean any or all of the following and all worldwide rights in,
arising out of, or associated therewith: domain names, uniform resource locators and other names
and locators associated with the Internet.

          “Early Exercise Options” shall mean those Company Options that, immediately prior to
the Closing Date, are outstanding and exercisable but with respect to which restricted shares of
Company Common Stock would be received upon such exercise. Early Exercise Options, to the extent
unexercised immediately prior to the Closing Date, shall be treated as Unvested Company Options for
purposes of this Agreement.

          “Environmental Law” shall mean any and all applicable Laws relating to the protection
of the environment (including ambient air, surface water, groundwater or land) or workplace health
and safety (including exposure of any individual to Hazardous Substances), or otherwise relating to
the production, use, emission, storage, treatment, transportation, recycling, disposal, discharge,
release or other handling of any Hazardous Substances or the investigation, clean-up or other
remediation or analysis thereof.

          “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended,
and the rules and regulations promulgated thereunder, or any successor statue, rules and
regulations thereto.

          “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder, or any successor statute, rules and regulations
thereto.

          “FTC” shall mean the United States Federal Trade Commission or any successor thereto.

          “GAAP” shall mean generally accepted accounting principles, as applied in the United
States.

          “Government Contract” means any Contract to which the Company or any of its
Subsidiaries is a party, or by which any of them is bound, and to which an ultimate
contracting party is a Governmental Authority (including any subcontract with a prime contractor or
other subcontractor who is a party to any such Contract).

-6-

 

          “Governmental Authority” shall mean any government, any governmental or regulatory
entity or body, department, commission, board, agency or instrumentality, and any court, tribunal
or judicial body, in each case whether federal, state, county, provincial, and whether local or
foreign.

          “Hazardous Substance” shall mean any substance, material or waste that is
characterized or regulated under any Environmental Law as “hazardous,” “pollutant,” “contaminant,”
“toxic” or words of similar meaning or effect, including petroleum and petroleum products,
polychlorinated biphenyls and friable asbestos.

          “HSR Act” shall mean the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended, and the rules and regulations promulgated thereunder, or any successor statute, rules and
regulations thereto.

          “Incentive Award Exchange Ratio” shall mean that fraction determined by dividing the
Merger Consideration by the Parent Stock Price.

          “Intellectual Property” shall mean any or all of the following: (i) proprietary
inventions (whether patentable or not), invention disclosures, industrial designs, improvements,
trade secrets, proprietary information, know how, technology, technical data and customer lists,
and all documentation relating to any of the foregoing; (ii) business, technical and know-how
information, non-public information, and confidential information and rights to limit the use or
disclosure thereof by any Person including databases and data collections and all rights therein;
(iii) works of authorship (including computer programs, source code, object code, whether embodied
in Software, firmware or otherwise), architecture, documentation, files, records, schematics,
verilog files, netlists, emulation and simulation reports, test vectors and hardware development
tools; (iv) Domain Names; and (v) any similar or equivalent property of any of the foregoing (as
applicable).

          “Intellectual Property Rights” shall mean any or all of the following and all
worldwide common law and statutory rights in, arising out of, or associated therewith: (i) patents
and applications therefor and all reissues, divisions, renewals, extensions, provisionals,
certificates of invention and statutory invention registrations, continued prosecution
applications, requests for continued examination, reexaminations, continuations and
continuations-in-part thereof (“Patents”); (ii) copyrights, and registrations and
applications therefor, mask works, whether registered or not, and all other rights corresponding
thereto throughout the world including moral and economic rights of authors and inventors, however
denominated (“Copyrights”); (iii) industrial designs and any registrations and applications
therefor; (iv) trade names, trade dress, slogans, all identifiers of source, fictitious business
names (D/B/As), Domain Names, logos, trademarks and service marks, including all goodwill therein,
and any and all common law rights, registrations and applications therefor (“Trademarks”);
(v) trade secrets (including, those trade secrets defined in the Uniform Trade Secrets Act and
under corresponding foreign statutory and common law), business, technical and know-how information, non-public
information, and confidential information, including all source code, documentation, processes,
technology, formulae, customer lists, business and marketing plans, inventions (whether or not
patentable) and marketing information and rights to limit the use or disclosure thereof by any

-7-

 

Person; including databases and data collections and all rights therein (“Trade Secrets”);
and (vi) any similar or equivalent rights to any of the foregoing (as applicable).

          “Intervening Event” shall mean an event, fact, circumstance or development, unknown to
the Company Board as of the date hereof, which becomes known prior to the Appointment Date.

          “IRS” shall mean the United States Internal Revenue Service or any successor thereto.

          “Knowledge” of the Company, with respect to any matter in question, shall mean the
actual knowledge, after reasonable inquiry, of the persons listed on Section 1.1(k) of the
Company Disclosure Letter, it being understood and agreed that discussions with direct reports and
a review of one’s files shall constitute reasonable inquiry. With respect to matters involving
Intellectual Property and Intellectual Property Rights, Knowledge does not require the Company, its
executive officers, the persons listed on Section 1.1(k) of the Company Disclosure Letter
or the direct reports of any of the foregoing to conduct, have conducted, obtain or have obtained
any freedom-to-operate opinions or similar opinions of counsel or any Patent, Trademark, or other
Intellectual Property or Intellectual Property Rights clearance searches, and no knowledge of any
third party Patents, Trademarks, or other Intellectual Property or Intellectual Property Rights
that would have been revealed by such inquiries, opinions or searches will be imputed to the
Company, its executive officers, the persons listed on Section 1.1(k) of the Company
Disclosure Letter or the direct reports of any of the foregoing.

          “Law” shall mean any and all applicable federal, state, local, municipal, foreign or
other law, statute, constitution, principle of common law, resolution, ordinance, code, rule,
regulation, ruling or other legal requirement issued, enacted, adopted, promulgated, implemented or
otherwise put into effect by or under the authority of any Governmental Authority.

          “Legal Proceeding” shall mean any action, suit, arbitration proceeding, administrative
or regulatory proceeding, citation, summons or subpoena of any nature (civil, criminal, regulatory
or otherwise) in law or in equity.

          “Liabilities” shall mean any liability, obligation or commitment of any kind (whether
known, unknown, accrued, absolute, contingent, matured, unmatured or otherwise and whether or not
due or to become due or required to be recorded or reflected on a balance sheet prepared in
accordance with GAAP).

          “Licensed Company Intellectual Property” shall mean all Company Intellectual Property
and Company Intellectual Property Rights, other than the Owned Company Intellectual Property.

          “Lien” shall mean any lien, pledge, hypothecation, charge, mortgage, security
interest, lease, encumbrance, claim, option, right of first refusal, preemptive right, community
property interest or restriction of any nature (including any restriction on the voting of any
security, any restriction on the transfer of any security or other asset, any restriction on the

-8-

 

     possession, exercise or transfer of any other attribute of ownership of any asset).

          “NYSE” shall mean the New York Stock Exchange.

          “Order” shall mean any order, judgment, decision, decree, injunction, ruling, writ,
determination, stipulation or assessment of any Governmental Authority (whether temporary,
preliminary or permanent) that is binding on any Person or its property under applicable Law.

          “Owned Company Intellectual Property” shall mean that portion of the Company
Intellectual Property and Company Intellectual Property Rights that is owned by the Company or any
of its Subsidiaries.

          “Parent Common Stock” shall mean the common stock, par value $0.01 per share, of
Parent.

          “Parent RSUs” shall mean each award of restricted stock units with each Parent RSU
representing the right to receive, upon settlement, one share of Parent Common Stock.

          “Parent Stock Price” shall mean the volume weighted average per share price of Parent
Common Stock for the ten (10) trading days immediately preceding (but not including) the date on
which the Effective Time occurs on the NASDAQ Stock Market, rounded to four decimal places.

          “Permitted Liens” shall mean any of the following: (i) Liens for Taxes, assessments
and governmental charges or levies either not yet delinquent or due and payable or which are being
contested in good faith by appropriate proceedings and for which appropriate reserves have been
established in accordance with GAAP and which are reflected on the Company Balance Sheet; (ii)
mechanics, carriers’, workmen’s, warehouseman’s, repairmen’s, materialmen’s or other Liens that are
not yet due or that are being contested in good faith and by appropriate proceedings; (iii) pledges
or deposits to secure obligations under workers’ compensation or other social security Laws or
similar legislation; (iv) pledges and deposits to secure the performance of bids, trade contracts,
leases, surety and appeal bonds, performance bonds and other obligations of a similar nature, in
each case in the ordinary course of business consistent with past practice; (v) defects,
imperfections or irregularities in title, easements, covenants and rights of way (unrecorded and of
record) and other similar restrictions, and zoning, building and other similar codes or
restrictions, in each case that do not adversely affect in any material respect the current use of
the applicable property owned, leased, used or held for use by the Company or any of its
Subsidiaries; (vi) Liens which do not materially impair the use or operation of the property
subject thereto; (vii) any other Liens that do not secure a liquidated amount, that have been
incurred or suffered in the ordinary course of business consistent with past practice and that
would not have, individually or in the aggregate, a material adverse effect on the Company and its
Subsidiaries, taken as a whole; (viii) statutory, common law or
contractual liens of landlords; and (ix) Liens described in Section 1.1(p) of the
Company Disclosure Letter.

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          “Person” shall mean any individual, corporation (including any non-profit
corporation), general partnership, limited partnership, limited liability partnership, joint
venture, estate, trust, company (including any limited liability company or joint stock company),
firm or other enterprise, association, organization, entity or Governmental Authority.

          “Sarbanes-Oxley Act” shall mean the Sarbanes-Oxley Act of 2002, as amended, and the
rules and regulations promulgated thereunder, or any successor statute, rules or regulations
thereto.

          “SEC” shall mean the United States Securities and Exchange Commission or any successor
thereto.

          “Securities Act” shall mean the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder, or any successor statute, rules or regulations thereto.

          “Software” shall mean source code or object code, whether embodied in software,
firmware or otherwise, and any programming and user documentation related thereto.

          “Subsidiary” of any Person shall mean (i) a corporation more than fifty percent (50%)
of the combined voting power of the outstanding voting stock of which is owned, directly or
indirectly, by such Person or by one of more other Subsidiaries of such Person or by such Person
and one or more other Subsidiaries thereof, (ii) a partnership of which such Person, or one or more
other Subsidiaries of such Person or such Person and one or more other Subsidiaries thereof,
directly or indirectly, is the general partner and has the power to direct the policies, management
and affairs of such partnership, (iii) a limited liability company of which such Person or one or
more other Subsidiaries of such Person or such Person and one or more other Subsidiaries thereof,
directly or indirectly, is the managing member and has the power to direct the policies, management
and affairs of such company or (iv) any other Person (other than a corporation, partnership or
limited liability company) in which such Person, or one or more other Subsidiaries of such Person
or such Person and one or more other Subsidiaries thereof, directly or indirectly, has at least a
majority ownership and power to direct the policies, management and affairs thereof.

          “Superior Proposal” shall mean any bona fide written Acquisition Proposal, not
obtained in breach of Section 6.2, for an Acquisition Transaction on terms that the Company
Board shall have determined in good faith (after consultation with its financial advisor and
outside legal counsel), taking into account all relevant legal, financial and regulatory aspects of
such Acquisition Proposal and the timing and likelihood of consummation of such Acquisition
Transaction, would be more favorable to the Company Stockholders (in their capacity as such) than
the Offer and the Merger; provided, however, that for purposes of the reference to an “Acquisition
Proposal” in this definition of a “Superior Proposal,” all references to “more than twenty percent
(20%)” in the definition of “Acquisition Transaction” shall be deemed to be
references to “more than eighty five percent (85%),” and the reference to “eighty percent
(80%)” in the definition of “Acquisition Transaction” shall be deemed to be a reference to “fifteen
percent (15%).”

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          “Tax” shall mean any and all U.S. federal, state and local and non-U.S. taxes,
including taxes based upon or measured by gross receipts, income, profits, sales, use and
occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, recapture,
employment, excise and property taxes, estimated or other similar taxes, together with all
interest, penalties and additions imposed with respect to such amounts.

          “Taxing Authority” shall mean, with respect to any Tax, the Governmental Authority or
political subdivision thereof that imposes such Tax, and the agency (if any) charged with the
collection of such Tax for such entity or subdivision, including any governmental or
quasi-Governmental Authority or agency that imposes, or is charged with collecting, social security
or similar charges or premiums.

          “Unvested Company Options” shall mean any options to purchase shares of Company Common
Stock that, immediately prior to the Closing Date, are outstanding and unvested.

          “Unvested Company RSUs” shall mean those Company RSUs that, immediately prior to the
Closing Date, are outstanding and unvested.

          “Vested Company Options” shall mean any options to purchase shares of Company Common
Stock that, immediately prior to the Closing Date, are outstanding and vested.

     1.2 Additional Definitions. The following capitalized terms shall have the respective
meanings ascribed thereto in the respective sections of this Agreement set forth opposite each of
the capitalized terms below:

	 	 	 
	Term	 	Section Reference
	Acquisition Sub
	 	Preamble
	Agreement
	 	Preamble
	Antitrust Approvals
	 	Annex A
	Appointment Time
	 	2.3(a)
	Arrangements
	 	8.9
	Assets
	 	4.14
	Assumed Option
	 	3.7(e)
	Assumed RSU
	 	3.7(d)
	Capitalization Date
	 	4.6(a)
	Certificates
	 	3.8(c)
	Certificate of Merger
	 	3.2
	Closing
	 	3.3
	Closing Date
	 	3.3
	Collective Bargaining Agreements
	 	4.18(a)
	Company
	 	Preamble
	Company Board Recommendation
	 	6.3(a)
	Company Board Recommendation Change
	 	6.3(b)
	Company Compensation Committee
	 	4.18(k)
	Company Disclosure Letter
	 	Art. IV Preamble

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	Term	 	Section Reference
	Company Intellectual Property Agreements
	 	4.15(b)
	Company Plans
	 	7.2(c)
	Company SEC Reports
	 	4.8
	Company Securities
	 	4.6(c)
	Company Stockholder Meeting
	 	6.4(a)
	Comparable Plans
	 	7.2(c)
	Competing Acquisition Transaction
	 	10.4(b)
	Confidentiality Agreement
	 	8.8
	Consent
	 	4.5
	Continuing Directors
	 	2.3(a)
	Conversion RSUs
	 	3.7(d)(ii)
	Covered Securityholders
	 	4.18(k)
	D&O Insurance
	 	7.1(c)
	Deemed Cashout Value
	 	3.7(e)(ii)
	Delaware Secretary of State
	 	3.2
	DGCL
	 	Recitals
	Dissenting Company Shares
	 	3.7(c)
	Effective Time
	 	3.2
	Employee Plans
	 	4.18(a)
	Employment Compensation Arrangements
	 	4.18(k)
	ERISA Affiliate
	 	4.18(a)
	Exchange Fund
	 	3.8(b)
	Indemnified Persons
	 	7.1(a)
	International Employee Plans
	 	4.18(a)
	Leased Real Property
	 	4.13(b)
	Leases
	 	4.13(b)
	Material Contract
	 	4.12(a)
	Maximum Annual Premium
	 	7.1(c)
	Merger
	 	3.1
	Merger Consideration
	 	3.7(a)
	Minimum Condition
	 	2.1(a)
	New Plans
	 	7.2(d)
	Offer
	 	Recitals
	Offer Price
	 	Recitals
	Offer to Purchase
	 	2.1(a)
	Offer Documents
	 	2.1(g)
	Old Plans
	 	7.2(d)
	Option Consideration
	 	3.7(e)
	Parent
	 	Preamble
	Payment Agent
	 	3.8(a)
	Permits
	 	4.19
	Proxy Statement
	 	4.28(c)
	Recommendation Change Notice
	 	6.3(b)
	Representatives
	 	6.2(b)

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	Term	 	Section Reference
	Requisite Stockholder Approval
	 	4.3
	Schedule TO
	 	2.1(g)
	Schedule 14D-9
	 	2.2(b)
	Stockholders
	 	Recitals
	Subsidiary Securities
	 	4.7(c)
	Superior Proposal Notice
	 	10.1(e)
	Surviving Corporation
	 	3.1
	Tax Items
	 	4.16(a)
	Tax Returns
	 	4.16(a)
	Tender and Voting Agreement
	 	Recitals
	Termination Date
	 	10.1(b)
	Termination Fee
	 	10.4(b)
	Top-Up Notice
	 	2.4(a)
	Top-Up Option
	 	2.4(a)
	Top-Up Option Shares
	 	2.4(a)
	Uncertificated Shares
	 	3.8(c)

     1.3 Certain Interpretations.

          (a) Unless otherwise indicated, all references herein to Articles, Sections, Annexes, Exhibits
or Schedules, shall be deemed to refer to Articles, Sections, Annexes, Exhibits or Schedules of or
to this Agreement, as applicable.

          (b) Unless otherwise indicated, the words “include,” “includes” and “including,” when used
herein, shall be deemed in each case to be followed by the words “without limitation.”

          (c) The table of contents and headings set forth in this Agreement are for convenience of
reference purposes only and shall not affect or be deemed to affect in any way the meaning or
interpretation of this Agreement or any term or provision hereof.

          (d) Unless otherwise indicted, all references herein to the Subsidiaries of a Person shall be
deemed to include all direct and indirect Subsidiaries of such Person unless otherwise indicated or
the context otherwise requires.

          (e) Whenever the context may require, any pronouns used in this Agreement shall include the
corresponding masculine, feminine or neuter forms, and the singular form of
nouns and pronouns shall include the plural, and vice versa.

          (f) When used herein, the word “extent” and the phrase “to the extent” shall mean the degree
to which a subject or other thing extends, and such word or phrase shall not simply mean “if.”

          (g) The parties hereto agree that they have been represented by counsel during the negotiation
and execution of this Agreement and, therefore, waive the application of any

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Law, holding or rule
of construction providing that ambiguities in an agreement or other document will be construed
against the party drafting such agreement or document.

ARTICLE II

THE OFFER

     2.1 The Offer.

          (a) Terms and Conditions of the Offer. Provided that this Agreement shall not have
been terminated pursuant to Article X and that none of the events or circumstances set
forth in clauses (C)(1) or (C)(4) of Annex A shall have occurred and be existing (and shall
not have been waived by Parent), as promptly as practicable after the date hereof (but in no event
more than ten Business Days thereafter), Acquisition Sub shall (and Parent shall cause Acquisition
Sub to) commence (within the meaning of Rule 14d-2 promulgated under the Exchange Act) the Offer to
purchase any and all of the Company Shares at a price per Company Share, subject to the terms of
Section 2.1(c), equal to the Offer Price, provided that Parent and Acquisition Sub shall
not be required to commence, or cause to be commenced, the Offer prior to the date on which the
Company is prepared to file the Schedule 14D-9. The Offer shall be made by means of an offer to
purchase all outstanding Company Shares (the “Offer to Purchase”) that is disseminated to
all of the Company Stockholders and contains the terms and conditions set forth in this Agreement
and in Annex A. Each of Parent and Acquisition Sub shall use its reasonable best efforts
to consummate the Offer, subject to the terms and conditions hereof and thereof. The Offer shall
be subject only to:

               (i) the condition (the “Minimum Condition”) that, prior to the expiration of the
Offer, there be validly tendered and not withdrawn in accordance with the terms of the Offer a
number of Company Shares that, together with the Company Shares then owned by Parent and
Acquisition Sub (if any), represents at least a majority of all then outstanding Company Shares on
a fully diluted basis, assuming the issuance of all Company Shares that may be issued upon the
vesting, conversion or exercise of all outstanding options, warrants, convertible or exchangeable
securities and similar rights that are then, or then scheduled to become, exercisable within ninety
(90) days following the then scheduled expiration of the Offer in accordance with the terms and
conditions thereof (other than the Top-Up Option); and

               (ii) the other conditions set forth in Annex A.

          (b) Acquisition Sub expressly reserves the right to waive any of the conditions to the Offer
and to make any change in the terms of or conditions to the Offer; provided, however, that
notwithstanding the foregoing or anything to the contrary set forth herein, without the prior
written consent of the Company, Acquisition Sub may not (and Parent shall not permit Acquisition
Sub to) (i) waive the Minimum Condition, the condition set forth in clause (A) of Annex A
or the condition set forth in clause (C)(1) of Annex A, and (ii) make any change in the
terms of or conditions to the Offer that (A) changes the form of consideration to be paid in the
Offer, (B) decreases the Offer Price or the number of Company Shares sought in the Offer, (C)
extends the Offer, other than in a manner contemplated by the provisions of Section 2.1(d)
or Section 2.1(f), (D) imposes conditions to the Offer other than those set forth in
Annex A, (E)

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modifies the conditions set forth in Annex A, or (F) amends any other
term or condition of the Offer in any manner that is adverse to the holders of Shares.

          (c) Adjustments to the Offer Price. The Offer Price shall be adjusted appropriately
to reflect the effect of any stock split, reverse stock split, stock dividend (including any
dividend or distribution of securities convertible into Company Common Stock), reclassification,
combination, exchange of shares or other like change with respect to Company Common Stock occurring
on or after the date hereof and prior to Acquisition Sub’s acceptance for payment of, and payment
for, Company Shares that are tendered pursuant to the Offer.

          (d) Expiration and Extension of the Offer.

               (i) Unless the Offer is extended pursuant to and in accordance with this Agreement, the Offer
shall expire at midnight, New York Time, on the date that is twenty (20) business days (for this
purpose calculated in accordance with Section 14d-1(g)(3) promulgated under the Exchange Act) after
the date the Offer is first commenced (within the meaning of Rule 14d-2 promulgated under the
Exchange Act). In the event that the Offer is extended pursuant to and in accordance with this
Agreement, then the Offer shall expire on the date and at the time to which the Offer has been so
extended.

               (ii) Notwithstanding the provisions of Section 2.1(d)(i) or anything to the contrary
set forth in this Agreement:

                    (A) Acquisition Sub shall extend the Offer for any period required by any Law or Order, or any
rule or regulation of the SEC or the NYSE, in any such case which is applicable to the Offer;

                    (B) in the event that all of the conditions to the Offer, including the Minimum Condition or
any of the other conditions set forth on Annex A, are not satisfied or waived (if permitted
hereunder) as of any then scheduled expiration of the Offer, Acquisition Sub shall extend the Offer
for successive extension periods of up to ten (10) Business Days each (or any longer period as may
be approved in advance by the Company) in order to permit the satisfaction of all of the conditions
to the Offer; and

                    (C) in the event that the Company shall have delivered a Recommendation Change Notice pursuant
to Section 6.3(b) or a Superior Proposal Notice pursuant to Section 10.1(e), Acquisition Sub shall extend the Offer until the expiration of
the three (3) Business Day period following such delivery of such Recommendation Change Notice or
Superior Proposal Notice referenced in Section 6.3(b) and Section 10.1(e);

provided, however, that the foregoing clauses (A), (B) or (C) of this Section 2.1(d)(ii)
shall not (a) be deemed to impair, limit or otherwise restrict in any manner the right of the
parties to terminate this Agreement pursuant to the terms of Article X or (b) require the
extension of the Offer if prohibited by any Law or Order or any rule or regulation of the SEC or
the NYSE, in any such case which is applicable to the Offer.

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               (iii) Neither Parent nor Acquisition Sub shall extend the Offer in any manner other than
pursuant to and in accordance with the provisions of Section 2.1(d)(ii) without the prior
written consent of the Company.

               (iv) Neither Parent nor Acquisition Sub shall terminate or withdraw the Offer prior to the
then scheduled expiration of the Offer unless this Agreement is validly terminated in accordance
with Article X, in which case Acquisition Sub shall (and Parent shall cause Acquisition Sub
to) irrevocably and unconditionally terminate the Offer promptly (but in no event more than one
Business Day) after such termination of this Agreement.

          (e) Payment for Company Shares. On the terms and subject to conditions set forth in
this Agreement and the Offer, Acquisition Sub shall (and Parent shall cause Acquisition Sub to)
accept for payment, and pay for, all Company Shares that are validly tendered and not withdrawn
pursuant to the Offer promptly (within the meaning of Section 14e-1(c) promulgated under the
Exchange Act) after the expiration of the Offer. Without limiting the generality of the foregoing,
Parent shall provide or cause to be provided to Acquisition Sub on a timely basis the funds
necessary to pay for any Company Shares that Acquisition Sub becomes obligated to purchase pursuant
to the Offer. The Offer Price payable in respect of each Company Share validly tendered and not
withdrawn pursuant to the Offer shall be paid net to the holder thereof in cash, subject to
reduction for any applicable federal back-up withholding or other Taxes payable by or with respect
to such holder.

          (f) Subsequent Offering Periods. If upon the acceptance for payment of, and payment
for, all Company Shares validly tendered and not withdrawn pursuant to the Offer, Parent and
Acquisition Sub collectively do not beneficially own at least 90% of the Company Shares then
outstanding assuming exercise in full of the Top-Up Option, Acquisition Sub may (but shall not be
required to), and the Offer to Purchase shall reserve the right to, provide for one or more
“subsequent offering periods” (within the meaning of Rule 14d-11 promulgated under the Exchange
Act) of not less than three (3) nor more than twenty (20) Business Days immediately following the
expiration of the Offer. Subject to the terms and conditions of this Agreement and the Offer,
Acquisition Sub shall (and Parent shall cause Acquisition Sub to) accept for payment, and pay for,
all Company Shares that are validly tendered during any such “subsequent offering period” promptly
(within the meaning of Section 14e-1(c) promulgated under the Exchange Act) after any such Company
Shares are validly tendered during such “subsequent offering period.” Without limiting the
generality of the foregoing, Parent shall provide or cause to be provided to Acquisition Sub on a
timely basis the funds necessary to pay
for any Company Shares that Acquisition Sub becomes obligated to purchase during such
“subsequent offering period.” The Offer Price payable in respect of each Company Share that is
validly tendered during the “subsequent offering period” shall be paid net to the holder thereof in
cash, subject to reduction for any applicable federal back-up withholding or other Taxes payable by
or with respect to such holder.

-16-

 

          (g) Schedule TO; Offer Documents. As soon as practicable on the date the Offer is
first commenced (within the meaning of Rule 14d-2 promulgated under the Exchange Act), Parent and
Acquisition Sub shall:

               (i) prepare and file with the SEC a Tender Offer Statement on Schedule TO (together with all
amendments and supplements thereto, and including all exhibits thereto, the “Schedule TO”)
with respect to the Offer in accordance with Rule 14d-3(a) promulgated under the Exchange Act,
which Schedule TO shall contain as an exhibit the Offer to Purchase and forms of the letter of
transmittal and summary advertisement, if any, and other customary ancillary documents, in each
case, in respect of the Offer (together with any supplements or amendments thereto, the “Offer
Documents”);

               (ii) deliver a copy of the Schedule TO, including all exhibits thereto, to the Company at its
principal executive offices in accordance with Rule 14d-3(a) promulgated under the Exchange Act;

               (iii) give telephonic notice of the information required by Rule 14d-3 promulgated under the
Exchange Act, and mail by means of first class mail a copy of the Schedule TO, to the NYSE in
accordance with Rule 14d-3(a) promulgated under the Exchange Act; and

               (iv) cause the Offer Documents to be disseminated to all holders of Company Shares as and to
the extent required by the Exchange Act.

Subject to the provisions of Section 6.3, the Schedule TO and the Offer Documents may
include a description of the determinations, approvals and recommendations of the Company Board set
forth in Section 2.2(a) and Section 6.3(a) that relate to the Offer. The Company
shall furnish in writing to Parent and Acquisition Sub all information concerning the Company and
its Subsidiaries that is required by applicable Law to be included in the Schedule TO or the Offer
Documents so as to enable Parent and Acquisition Sub to comply with their obligations under this
Section 2.1(g). Parent, Acquisition Sub and the Company shall cooperate in good faith to
determine and include the information regarding the Company that is necessary, reasonably
appropriate, or otherwise reasonably requested by Parent for inclusion in the Schedule TO and the
Offer Documents in order to satisfy applicable Laws. Each of Parent, Acquisition Sub and the
Company shall promptly correct any information provided by it or any of its respective directors,
officers, employees, affiliates, agents or other representatives for use in the Schedule TO or the
Offer Documents if and to the extent that such information shall have become false or misleading in
any material respect and to supplement the information contained in the Schedule TO and the Offer
Documents to include any information that shall become necessary in order to make the statements
therein, in light of the circumstances under which they were made, not
misleading. Parent and Acquisition Sub shall take all steps necessary to cause the Schedule TO and
the Offer Documents, as so corrected or supplemented, to be filed with the SEC and the other Offer
Documents, as so corrected, to be disseminated to the Company Stockholders, in each case as and to
the extent required by applicable Laws, or by the SEC or its staff or the NYSE. Parent and
Acquisition Sub shall provide the Company and its counsel a reasonable opportunity to review and
comment on the Schedule TO and the Offer Documents prior to the filing thereof with the SEC, and
Parent and Acquisition Sub shall give reasonable and good faith consideration to any comments made
by the Company and its counsel (it being understood that the Company and its counsel shall provide
any comments thereon as soon as reasonably practicable). Parent and Acquisition Sub shall provide
in writing to the Company and its counsel any and all comments or other communications, whether
written or oral, that Parent, Acquisition

-17-

 

Sub or their counsel may receive from the SEC or its
staff with respect to the Schedule TO and the Offer Documents promptly after such receipt, and
Parent and Acquisition Sub shall provide the Company and its counsel a reasonable opportunity to
participate in the formulation of any response to any such comments of the SEC or its staff
(including a reasonable opportunity to review and comment on any such response, to which Parent and
Acquisition Sub shall give reasonable and good faith consideration to any comments made by the
Company and its counsel) and to participate in any discussions with the SEC or its staff regarding
any such comments.

     2.2 Company Actions.

          (a) Company Determinations, Approvals and Recommendations. The Company hereby
approves and consents to the Offer and represents and warrants to Parent and Acquisition Sub that,
at a meeting duly called and held prior to the date hereof, the Company Board has unanimously
adopted resolutions:

               (i) determining that this Agreement is advisable;

               (ii) determining that the terms of this Agreement and the transactions contemplated hereby,
including the Offer and the Merger, taken together, are at a price and on terms that are fair to
and in the best interests of the Company and the holders of Company Shares;

               (iii) approving the execution, delivery and performance of this Agreement and the transactions
contemplated hereby (including the Offer and the Merger), which approval, to the extent applicable,
constituted approval under the provisions of Section 203 of the DGCL as a result of which this
Agreement and the transactions contemplated hereby, including the Offer and the Merger, are not and
will not be subject to the provisions of, or any restrictions under, the provisions of Section 203
of the DGCL;

               (iv) resolving to recommend that the holders of Company Shares accept the Offer, tender their
Company Shares to Acquisition Sub pursuant to the Offer and, if required by the applicable
provisions of Delaware Law, approve and adopt this Agreement and the Merger; provided, however,
that such recommendation may be withheld, withdrawn, amended or
modified in accordance with the terms of Section 6.3; and

               (v) electing that the Offer and the Merger, to the extent of the Company Board’s power and
authority and to the extent permitted by Law, not be subject to any “moratorium,” “control share
acquisition,” “business combination,” “fair price” or other form of anti-takeover Laws of any
jurisdiction that may purport to be applicable to this Agreement or the Tender and Voting
Agreement.

The Company hereby consents to the inclusion of the foregoing determinations and approvals in the
Offer Documents and, to the extent that the foregoing recommendation of the Company Board is not
withheld, withdrawn, amended or modified in accordance with Section 6.3, the Company hereby
consents to the inclusion of such recommendation in the Offer Documents.

-18-

 

          (b) Schedule 14D-9. The Company shall (i) file with the SEC, concurrently with the
filing by Parent and Acquisition Sub of the Schedule TO, a Solicitation/Recommendation Statement on
Schedule 14D-9 (together with all amendments and supplements thereto, and including all exhibits
thereto, the “Schedule 14D-9”) that will comply in all material respects with the
provisions of applicable Law and (ii) cause the Schedule 14D-9 to be mailed to the Company
Stockholders, together with the Offer Documents, promptly after the commencement of the Offer
(within the meaning of Rule 14d-2 promulgated under the Exchange Act). Subject to the provisions
of Section 6.3, the Schedule 14D-9 shall include a description of the determinations,
approvals and recommendations of the Company Board (including the Company Board Recommendation) set
forth in Section 2.2(a) and Section 6.3(a). Each of Parent and Acquisition Sub
shall furnish in writing to the Company all information concerning Parent and Acquisition Sub that
may be required by applicable Laws to be included in the Schedule 14D-9 so as to enable the Company
to comply with its obligations under this Section 2.2(b). Parent, Acquisition Sub and the
Company shall cooperate in good faith to determine the information regarding the Company that is
necessary or reasonably appropriate to include in the Schedule 14D-9 in order to satisfy applicable
Laws. Each of the Company, Parent and Acquisition Sub shall promptly correct any information
provided by it or any of its respective directors, officers, employees, affiliates, agents or other
representatives for use in the Schedule 14D-9 if and to the extent that such information shall have
become false or misleading in any material respect and to supplement the information contained in
the Schedule 14D-9 to include any information that shall become necessary in order to make the
statements therein, in light of the circumstances under which they were made, not misleading. The
Company shall take all steps necessary to cause the Schedule 14D-9, as so corrected or
supplemented, to be filed with the SEC and disseminated to the Company Stockholders, in each case
as and to the extent required by applicable Laws. The Company shall provide Parent, Acquisition
Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 prior to
the filing thereof with the SEC, and the Company shall give reasonable and good faith consideration
to any comments made by Parent, Acquisition Sub and their counsel (it being understood that Parent,
Acquisition Sub and their counsel shall provide any comments thereon as soon as reasonably
practicable). The Company shall provide in writing to Parent, Acquisition Sub and their counsel
any comments or other communications, whether written or oral, the Company or its counsel may
receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after such receipt,
and the Company shall provide Parent, Acquisition Sub and their counsel a
reasonable opportunity to participate in the formulation of any response to any such comments
of the SEC or its staff (including a reasonable opportunity to review and comment on any such
response, to which the Company shall give reasonable and good faith consideration to any comments
made by Parent, Acquisition Sub and their counsel) and to participate in any discussions with the
SEC or its staff regarding any such comments.

          (c) Company Information. In connection with the Offer, the Company shall promptly, or
shall cause its transfer agent to, furnish Parent and Acquisition Sub with such assistance and such
information and assistance as Parent or Acquisition Sub and their respective agents may reasonably
request in order to disseminate and otherwise communicate the Offer to the record and beneficial
holders of Company Shares, including a list, as of the most recent practicable date, of the
stockholders of the Company, mailing labels and any available listing or computer files containing
the names and addresses of all record and beneficial holders of

-19-

 

Company Shares, and lists of
security positions of Company Shares held in stock depositories (including updated lists of
stockholders, mailing labels, listings or files of securities positions). Subject to applicable
Laws, and except for such steps as are necessary to disseminate the Offer Documents and any other
documents necessary to consummate the Merger, Parent and Acquisition Sub (and their respective
agents) shall:

               (i) hold in confidence the information contained in any such lists of stockholders, mailing
labels and listings or files of securities positions;

               (ii) use such information only in connection with the Offer and the Merger; and

               (iii) if (A) this Agreement shall be terminated pursuant to Article X, and (B) Parent
and Acquisition Sub shall withdraw the Offer, promptly return (and shall use their respective
reasonable efforts to cause their agents to deliver) to the Company any and all copies and any
extracts or summaries from such information then in their possession or control.

     2.3 Company Board of Directors and Committees; Section 14(f) of Exchange Act.

          (a) Composition of Company Board and Board Committees. Effective upon the initial
acceptance for payment by Acquisition Sub of Company Shares pursuant to the Offer (the
“Appointment Time,” the use of which term herein shall not, unless the context otherwise
requires, depend upon whether Parent shall exercise its rights under this Section 2.3(a))
and from time to time thereafter, Parent shall be entitled to designate up to such number of
directors on the Company Board equal to the product (rounded up to the next whole number) obtained
by multiplying (x) the number of directors on the Company Board (giving effect to any increase in
the number of directors pursuant to this Section 2.3) and (y) a fraction, the numerator of
which is the number of Company Shares beneficially owned by Parent and Acquisition Sub (giving
effect to the Company Shares accepted for payment pursuant to the Offer), and the denominator of
which is the total number of then outstanding Company Shares. Following a request by Parent, the
Company shall, to the extent permitted by applicable Laws and the certificate of
incorporation of the Company, take at the Company’s expense all action necessary to cause the
individuals so designated by Parent to be elected or appointed to the Company Board, including (at
the election of Parent) by increasing the size of the Company Board or by seeking and accepting or
otherwise securing the resignations of such number of then incumbent directors as is necessary to
enable the individuals so designated by Parent to be elected or appointed to the Company Board.
From time to time after the Appointment Time, at the request of Parent, the Company shall, to the
extent permitted by applicable Laws and the certificate of incorporation of the Company, take all
action necessary to cause the individuals so designated by Parent to constitute substantially the
same percentage (rounding up where appropriate) as is on the Company Board on (i) each committee of
the Company Board, (ii) each board of directors of each Subsidiary of the Company and (iii) each
committee of each such board of directors of each Subsidiary of the Company, in each case to the
fullest extent permitted by all applicable Laws. The Company shall promptly amend, or cause to be
amended, its bylaws, if necessary, to comply with the obligations of the Company pursuant to this
Section 2.3. Notwithstanding the foregoing, from the Appointment Time until the Effective
Time, the Company shall use its

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commercially reasonable efforts to cause the Company Board to
always have at least three (3) directors who are directors on the date hereof, who are not employed
by the Company and who are not Affiliates or employees of Parent or any of its Subsidiaries, and
who are independent directors for purposes of the continued listing requirements of the NYSE (the
“Continuing Directors”); provided that, if the number of Continuing Directors shall be
reduced below three (3) for any reason whatsoever, the remaining Continuing Director(s) shall be
entitled to designate any other Person(s) who shall not be an Affiliate or employee of Parent or
any of its Subsidiaries to fill such vacancies and such Person(s) shall be deemed to be a
Continuing Director(s) for purposes of this Agreement; provided further, that the remaining
Continuing Director shall fill such vacancies as soon as practicable, but in any event within ten
(10) Business Days, and further provided that if no such Continuing Director(s) are appointed in
such time period, Parent shall designate such Continuing Director(s); provided further, that if no
Continuing Director then remains, the other directors shall designate three (3) Persons who shall
not be Affiliates, consultants, representatives or employees of Parent or any of its Subsidiaries
to fill such vacancies and such Persons shall be deemed to be Continuing Directors for purposes of
this Agreement.

          (b) Section 14(f) of the Exchange Act. The Company’s obligation to appoint Parent’s
designees to the Company Board shall be subject to Section 14(f) of the Exchange Act and Rule 14f-1
promulgated thereunder and the Company’s receipt of sufficient information from Parent to enable
the Company to include in the Schedule 14D-9 the information required by Section 14(f) of the
Exchange Act and Rule and Rule 14f-1 promulgated thereunder in respect of Parent’s designees to the
Company Board. The Company shall take all action required pursuant to this Section 2.3 and
Section 14(f) and Rule 14f-1 in order to fulfill its obligations under this Section 2.3,
and shall include in the Schedule 14D-9 such information with respect to the Company and its
directors and officers, as well as Parent’s designees to the Company Board, as is required under
such Section 14(f) and Rule 14f-1 in order to fulfill its obligations under this
Section 2.3. Parent shall provide to the Company in writing, and be solely responsible
for, any information with respect to itself and its designees to the Company Board required by such
Section 14(f) of the Exchange Act and Rule 14f-1 promulgated thereunder.

          (c) Required Approvals of Continuing Directors. Notwithstanding anything in this
Agreement to the contrary, following the election or appointment of Parent’s designees to the
Company Board pursuant to Section 2.3(a) and until the Effective Time, the approval of a
majority of the Continuing Directors shall be required to authorize (and such authorization shall
constitute the authorization of the Company Board and no other action on the part of the Company,
including any action by any other director of the Company, shall be required to authorize) (i) any
amendment or termination of this Agreement on behalf of the Company, (ii) any amendment of this
Agreement requiring action by the Company Board, (iii) any extension of time for performance of any
obligation or action hereunder by Parent or Acquisition Sub, (iv) any exercise, enforcement or
waiver of compliance with any of the agreements or conditions contained herein for the benefit of
the Company, (v) any amendment of the certificate of incorporation or bylaws of the Company that
would adversely affect the Company Stockholders, and (vi) any other action to be taken or not to be
taken on behalf of the Company under or in connection with this Agreement or the transactions
contemplated hereby; provided, however, that following the Appointment Time, Parent may cause its
designees elected or appointed pursuant

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to Section 2.3(a) to withdraw or modify any Company
Board Recommendation Change that may have been made prior to such time without the approval of the
majority of the Continuing Directors. The Continuing Directors shall have the authority to retain
counsel (which may include current counsel to the Company) at the expense of the Company for the
purpose of fulfilling their obligations hereunder, and shall have the authority, after the
Appointment Time, to institute any action on behalf of the Company to enforce the performance of
this Agreement in accordance with its terms.

     2.4 Top-Up Option.

          (a) The Company hereby irrevocably grants to Acquisition Sub an option (the “Top-Up
Option”), exercisable only upon the terms and conditions set forth in this Section 2.4,
to purchase that number of authorized and unissued Company Shares (the “Top-Up Option
Shares”) equal to the lowest number of Company Shares that, when added to the number of Company
Shares beneficially owned by Parent and/or Acquisition Sub at the time of such exercise, shall
constitute 100 Company Shares more than 90% of the Company Shares outstanding, assuming the
issuance of all Company Shares that are issuable within ten Business Days after the scheduled
closing of the purchase of the Top-Up Option Shares upon the vesting, conversion or exercise of all
outstanding options, warrants, convertible or exchangeable securities and similar rights,
regardless of the conversion or exercise price or other terms and conditions thereof (assuming the
issuance of the Top-Up Option Shares) at a price per share equal to the Offer Price; provided,
however, that the Top-Up Option shall not be exercisable unless immediately after such exercise and
the issuance of Company Shares pursuant thereto, Acquisition Sub would own more than 90% of the
Company Shares then outstanding (assuming the issuance of the Top-Up Option Shares); and provided
further, that in no event shall the Top-Up Option be exercisable (A) for a number of Company Shares
in excess of the Company’s then authorized and unissued shares of Company Common Stock or (B) if
any applicable Law or any applicable Order shall prohibit the exercise of the Top-Up Option or the
delivery of the Top-Up Option Shares.

          (b) Provided that no applicable Law or Order shall prohibit the exercise of the Top-Up Option
or the delivery of the Top-Up Option Shares in respect thereof, Acquisition Sub
may exercise the Top-Up Option, in whole but not in part, at any one time after the
Appointment Time and prior to the earlier to occur of (i) the Effective Time and (ii) the
termination of this Agreement in accordance with its terms. The aggregate purchase price payable
for the Top-Up Option Shares being purchased by Acquisition Sub pursuant to the Top-Up Option shall
be determined by multiplying the number of such Top-Up Option Shares by the Offer Price, without
interest. Such purchase price may be paid by Acquisition Sub, at its election, either (A) entirely
in cash or (B) in cash in an amount equal to the aggregate par value of the purchased Top-Up Option
Shares and by executing and delivering to the Company a full recourse unsecured promissory note
issued by the Acquisition Sub having a principal amount equal to the remainder of such purchase
price. Any such promissory note shall bear interest at a rate per annum equal to the prime lending
rate prevailing during the period in which any portion of the principal amount of such promissory
note remains outstanding, as published in The Wall Street Journal, calculated on a daily basis on
the outstanding principal amount of such promissory note from the date such promissory note is
originally issued until the date of payment in full of such promissory note, and may be prepaid
without premium or penalty.

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          (c) In the event Acquisition Sub wishes to exercise the Top-Up Option, Acquisition Sub shall
deliver to the Company a notice (the “Top-Up Notice”) setting forth (i) the number of
Top-Up Option Shares that Acquisition Sub intends to purchase pursuant to the Top-Up Option, (ii)
the manner in which Acquisition Sub intends to pay the applicable purchase price and (iii) the
place and time at which the closing of the purchase of such Top-Up Option Shares by Acquisition Sub
is to take place. At the closing of the purchase of the Top-Up Option Shares, Parent and
Acquisition Sub shall cause to be delivered to the Company the consideration required to be
delivered in exchange for the Top-Up Option Shares being purchased pursuant to the Top-Up Option,
and the Company shall cause to be issued to Acquisition Sub a certificate representing such Top-Up
Option Shares. The parties hereto agree to use their reasonable best efforts to cause the closing
of the purchase of such Top-Up Option Shares to occur on the same day that the Top-Up Notice is
deemed received by the Company pursuant to Section 11.2, and if not so consummated on such
day, as promptly thereafter as possible. The parties further agree to use their reasonable best
efforts to cause the Merger to be consummated in accordance with Section 253 of the DGCL and as
contemplated by Section 8.3(c) as close in time as possible to (including, to the extent
possible, on the same day as) the issuance of the Top-Up Option Shares.

          (d) Parent and Acquisition Sub understand that the Company Shares which Acquisition Sub may
acquire upon exercise of the Top-Up Option will not be registered under the Securities Act and will
be issued in reliance upon an exemption thereunder for transactions not involving a public
offering. Parent and Acquisition Sub represent and warrant to the Company that Acquisition Sub is,
or will be upon the purchase of the Top-Up Option Shares, an “accredited investor,” as defined in
Rule 501 of Regulation D promulgated under the Securities Act. Acquisition Sub agrees that the
Top-Up Option and the Top-Up Option Shares to be acquired upon exercise of the Top-Up Option are
being and will be acquired by Acquisition Sub for the purpose of investment and not with a view to
or for resale in connection with any distribution thereof within the meaning of the Securities Act.
Any certificates evidencing Top-Up Option Shares shall include any legends required by applicable
securities Laws.

ARTICLE III

THE MERGER

     3.1 The Merger. Upon the terms and subject to the conditions set forth in this Agreement
and the applicable provisions of the DGCL, at the Effective Time, Acquisition Sub shall be merged
with and into the Company (the “Merger”), the separate corporate existence of Acquisition
Sub shall thereupon cease and the Company shall continue as the surviving corporation of the
Merger. The Company, as the surviving corporation of the Merger, is sometimes referred to herein
as the “Surviving Corporation.”

     3.2 The Effective Time. Upon the terms and subject to the conditions set forth in this
Agreement, on the Closing Date, Parent, Acquisition Sub and the Company shall cause the Merger to
be consummated under the DGCL by filing a certificate of merger in customary form and substance
(the “Certificate of Merger”) with the Secretary of State of the State of Delaware (the
“Delaware Secretary of State”) in accordance with the applicable provisions of the DGCL
(the time of such filing and acceptance by the Delaware Secretary of State, or such later time as

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may be agreed in writing by Parent, Acquisition Sub and the Company and specified in the
Certificate of Merger, being referred to herein as the “Effective Time”).

     3.3 The Closing. The consummation of the Merger shall take place at a closing (the
“Closing”) to occur at the offices of Debevoise & Plimpton LLP, 919 Third Avenue, New York,
New York 10022, on a date and at a time to be agreed upon by Parent, Acquisition Sub and the
Company, which date shall be no later than the second (2nd) Business Day after the
satisfaction of the last to be satisfied of the conditions set forth in Article IX, or at
such other location, date and time as Parent, Acquisition Sub and the Company shall mutually agree
upon in writing. The date upon which the Closing shall actually occur pursuant hereto is referred
to herein as the “Closing Date.”

     3.4 Effect of the Merger. At the Effective Time, the effect of the Merger shall be as
provided in this Agreement and the applicable provisions of the DGCL. Without limiting the
generality of the foregoing, and subject thereto, at the Effective Time all of the property,
rights, privileges, powers and franchises of the Company and Acquisition Sub shall vest in the
Surviving Corporation, and all debts, liabilities and duties of the Company and Acquisition Sub
shall become the debts, liabilities and duties of the Surviving Corporation.

     3.5 Certificate of Incorporation and Bylaws.

          (a) Certificate of Incorporation. At the Effective Time, subject to the
provisions of Section 7.1(a), the certificate of incorporation of the Company shall be
amended and restated in its entirety to read identically to the certificate of incorporation of
Acquisition Sub, as in effect immediately prior to the Effective Time, and such amended and
restated certificate of incorporation shall become the certificate of incorporation of the
Surviving Corporation until thereafter amended in accordance with the applicable provisions of the
DGCL and such certificate of incorporation.

          (b) Bylaws. At the Effective Time, subject to the provisions of Section
7.1(a), the bylaws of Acquisition Sub, as in effect immediately prior to the Effective Time,
shall become the bylaws of the Surviving Corporation until thereafter amended in accordance with
the applicable provisions of the DGCL, the certificate of incorporation of the Surviving
Corporation and such bylaws.

     3.6 Directors and Officers.

          (a) Directors. At the Effective Time, the initial directors of the Surviving
Corporation shall be the directors of Acquisition Sub immediately prior to the Effective Time, each
to hold office in accordance with the certificate of incorporation and bylaws of the Surviving
Corporation until their respective successors are duly elected or appointed and qualified.

          (b) Officers. At the Effective Time, the initial officers of the Surviving
Corporation shall be the officers of Acquisition Sub immediately prior to the Effective Time, each
to hold office in accordance with the certificate of incorporation and bylaws of the

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Surviving Corporation until their respective successors are duly appointed.

     3.7 Effect on Capital Stock.

          (a) Capital Stock. Upon the terms and subject to the conditions set forth in this
Agreement, at and as of the Effective Time, by virtue of the Merger and without any action on the
part of Parent, Acquisition Sub, the Company, the following shall occur:

               (i) Capital Stock of Acquisition Sub. Each share of common stock, par value $0.001
per share, of Acquisition Sub that is outstanding immediately prior to the Effective Time shall be
converted into one validly issued, fully paid and nonassessable share of common stock of the
Surviving Corporation. Each certificate evidencing ownership of such shares of common stock of
Acquisition Sub shall thereafter evidence ownership of shares of common stock of the Surviving
Corporation.

               (ii) Company Common Stock. Each share of Company Common Stock that is outstanding
immediately prior to the Effective Time (other than (A) shares of Company Common Stock owned by
Parent, Acquisition Sub or the Company, or by any direct or indirect wholly-owned Subsidiary of
Parent, Acquisition Sub or the Company, in each case immediately prior to the Effective Time, and
(B) any Dissenting Company Shares) shall be canceled and extinguished and automatically converted
into the right to receive cash in an amount equal to the Offer Price (the “Merger
Consideration”), without interest thereon, upon the surrender of the certificate representing
such share of Company Common Stock in the manner provided in Section 3.8 (or in the case of
a lost, stolen or destroyed certificate, upon delivery of an affidavit in the manner provided in
Section 3.10).

               (iii) Owned Company Common Stock. Each share of Company Common Stock owned by Parent,
Acquisition Sub or the Company, or by any direct or indirect wholly-owned Subsidiary of Parent,
Acquisition Sub or the Company, in each case immediately prior to the Effective Time, shall be
cancelled and extinguished without any conversion thereof or consideration paid therefor.

          (b) Adjustment to the Merger Consideration. The Merger Consideration shall be
adjusted appropriately to reflect the effect of any stock split, reverse stock split, stock
dividend (including any dividend or distribution of securities convertible into Company Common
Stock), reclassification, combination, exchange of shares or other like change with respect to
Company Common Stock occurring on or after the consummation of the Offer and prior to the Effective
Time.

          (c) Statutory Rights of Appraisal.

               (i) Notwithstanding anything to the contrary set forth in this Agreement, any shares of
Company Common Stock that are issued and outstanding immediately prior to the Effective Time and
held by a Company Stockholder who is entitled to demand and properly demands appraisal of such
shares of Company Common Stock pursuant to, and who complies in all material respects with, Section
262 of the DGCL (collectively, “Dissenting 

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Company Shares”) shall not be converted into, or
represent the right to receive, the Merger Consideration pursuant to Section 3.7(a), but
rather such Company Stockholders shall be entitled to receive payment of the appraised value of
such Dissenting Company Shares in accordance with the provisions of Section 262 of the DGCL;
provided, however, that all Dissenting Company Shares held by Company Stockholders who shall have
failed to perfect or who shall have otherwise waived, withdrawn or lost their rights to appraisal
of such Dissenting Company Shares under such Section 262 of the DGCL shall no longer be considered
to be Dissenting Company Shares and shall thereupon be deemed to have been converted into, and to
have become exchangeable for, as of the Effective Time, the right to receive the Merger
Consideration, without interest thereon, upon surrender of the certificate or certificates that
formerly evidenced such shares of Company Common Stock in the manner provided in Section
3.8.

               (ii) The Company shall give Parent (A) prompt notice of any demands for appraisal received by
the Company, withdrawals of such demands, and any other instruments served pursuant to Delaware Law
and received by the Company in respect of Dissenting Company Shares and (B) the opportunity to
direct all negotiations and proceedings with respect to demands for appraisal under Delaware Law in
respect of Dissenting Company Shares. The Company shall not, except with the prior written consent
of Parent, voluntarily make any payment with respect to any demands for appraisal, or settle or
offer to settle any such demands for payment, in respect of Dissenting Company Shares. In
determining the fair value of any Dissenting Company Shares pursuant to Section 262 of the DGCL in
any proceedings with respect to demands for appraisal under Delaware Law in respect of Dissenting
Company Shares, none of Parent, Acquisition Sub, the Company or the Surviving Corporation shall
take into account the Top-Up Option, the Top-Up Option Shares or any promissory note issued to pay
any portion of the purchase price for such Top-Up Option Shares.

          (d) Company RSUs.

               (i) In connection with the transactions contemplated by this Agreement, but no later than the
Effective Time, each award of Unvested Company RSUs shall be assumed by Parent (each, an
“Assumed RSU”). The number of shares of Parent Common Stock subject to each award of
Assumed RSUs shall be determined by multiplying the number of shares of Company Common Stock
subject to each award of Unvested Company RSUs as of immediately prior to the Effective Time by the
Incentive Award Exchange Ratio (with the resulting number rounded down to the nearest whole share).
Each such award of Assumed RSUs otherwise shall, except as otherwise agreed to by Parent and a
holder of such Assumed RSUs, be subject to the same terms and conditions as applied to the related
award of Unvested Company RSUs immediately prior to the Effective Time, including the vesting
schedule applicable thereto.

               (ii) The Company shall take all actions necessary to effect the transactions contemplated by
this Section 3.7(d) under all Company Stock Plans and any other plan or arrangement of the
Company, including delivering all notices and making any determinations and/or resolutions of the
Company Board or a committee thereof.

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          (e) Company Options.

               (i) Parent shall not assume any Vested Company Options in connection with the Merger or any
other transactions contemplated by this Agreement. Upon the terms and subject to the conditions
set forth in this Agreement, the Company shall take such action as may be necessary so that
immediately prior to the Effective Time, (i) each Vested Company Option that remains outstanding as
of immediately prior to the Effective Time shall be cancelled and terminated as of the Effective
Time and (ii) in consideration of such cancellation and termination, each holder of each such
Vested Company Option shall be paid by the Company at or promptly after the Effective Time, subject
to Section 3.8(e), an amount in cash (without interest), if any, equal to the product
obtained by multiplying (x) the aggregate number of shares of Company Common Stock that were
issuable upon exercise of such Vested Company Option immediately prior to the Effective Time, and
(y) the Offer Price, less the per share exercise price of such Vested Company Option (the
“Option Consideration”) (it being understood and agreed that such exercise price shall not
actually be paid to the Company by the holder of a Vested Company Option).

               (ii) In connection with the transactions contemplated by this Agreement, but no later than the
Effective Time, each Unvested Company Option shall be assumed by Parent (each, an “Assumed
Option”). Each such Assumed Option shall, except as otherwise agreed to by Parent and a holder
of such Assumed Option, be subject to the same terms and conditions as applied to the related
Unvested Company Option immediately prior to the Effective Time, including the vesting schedule
applicable thereto, except that (i) the number of shares of Parent Common Stock subject to each
Assumed Option shall be determined by multiplying the number of shares of Company Common Stock
subject to such Assumed Option as of immediately prior to the Effective Time by the Incentive Award
Exchange Ratio (with the resulting number rounded down to the nearest whole share), and (ii) the
per share exercise price of the Parent Common Stock issuable upon the exercise of each Assumed
Option shall be equal to the quotient determined by dividing the exercise price per share of
Company Common Stock as of immediately prior to the Effective Time by the Incentive Award Exchange
Ratio, with the resulting price per share rounded up to the nearest whole cent. It is the
intention of the parties that each Assumed Option so assumed by Parent shall qualify following the
Effective Time as an incentive stock option as defined in Section 422 of the Code to the extent
permitted under Section 422 of the Code and to the extent such Assumed Option qualified as an
incentive stock option prior to the Effective Time, and, further, that the assumption of Company
Unvested Options pursuant to this Section shall be effected in a manner that satisfies the
requirements of Sections 409A and 424(a) of the Code and the Treasury Regulations promulgated
thereunder, and this Section 3.7 will be construed consistent with this intent.

               (iii) With respect to Company Options a portion of which is vested and a portion of which is
unvested, this Section 3.7(e) shall be applied by treating the vested portion as a separate
Vested Company Option and the unvested portion as a separate Unvested Company Option.

               (iv) The Company shall take all actions necessary to effect the transactions contemplated by
this Section 3.7(e) under all Company Option agreements and any other plan or arrangement
of the Company, including delivering all required notices and making any determinations and/or
resolutions of the Company Board or a committee thereof. Parent

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shall take all actions reasonably
necessary or appropriate to have available for issuance or transfer a sufficient number of shares
of Parent Common Stock for delivery upon exercise of the Assumed RSUs and Assumed Options.
Promptly after the Effective Time (but in no event later than ten (10) Business Days following the
Effective Time), Parent shall prepare and file with the SEC a registration statement on Form S-8
(or other appropriate form) registering a number of shares of Parent Common Stock necessary to
fulfill Parent’s obligations under Section 3.7(d) and this Section 3.7(e).

          (f) Company ESPP.

               (i) Prior to the Appointment Time, the Company shall take all actions necessary such that the
current offering period in progress as of the date of this Agreement shall be the final offering
period under the Company ESPP. If such offering period has not ended prior to the Appointment
Time, then, prior to the Appointment Time, the Company (x) shall take all actions necessary such
that a date to be determined by the Company (but in no event later than the Appointment Time) shall
be the last day of such offering period and (y) shall make such other pro-rata adjustments as may
be necessary to reflect the shortened and final offering period but otherwise treating such
shortened and final offering period as a fully effective and completed offering period for all
purposes under the Company ESPP. In addition, effective as of the date of this Agreement, the
Company shall have taken all actions necessary such that (x) no new participant shall be permitted
to join the current offering period in progress under the Company ESPP and (y) no participant in
the Company ESPP with respect to the current offering period shall be permitted to increase his or
her elections with respect to the current offering period.

               (ii) Unless it has earlier terminated, the Company shall take all actions necessary so that
the Company ESPP shall terminate immediately prior to and effective as of the Appointment Time.
All amounts withheld by the Company on behalf of the participants in the Company ESPP that have not
been used to purchase Company Common Stock at or prior to the Appointment Time will be returned to
the participants without interest pursuant to the terms of the Company ESPP.

               (iii) The Company agrees to take any and all actions necessary to approve and effectuate the
foregoing provisions of this Section 3.7(f) including making any determinations and/or
resolutions of the Company Board or a committee thereof.

          (g) Company Restricted Stock. In connection with the transactions contemplated by
this Agreement, but no later than the Effective Time, and without any action on the part of the
holders thereof, each Company Restricted Stock Award shall automatically be cancelled, and each
share of Company Common Stock subject to a Company Restricted Stock Award shall be converted into
the right to receive an amount of cash equal to the Merger Consideration, which shall be subject
to, and payable to the holder of such Company Restricted Stock Award, in accordance with the
vesting schedule applicable to such Company Restricted Stock Award as in effect immediately prior
to the Effective Time.

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     3.8 Exchange of Certificates.

          (a) Payment Agent. Prior to the Effective Time, Parent shall select a bank or trust
company reasonably acceptable to the Company to act as the payment agent for the Merger (the
“Payment Agent”).

          (b) Exchange Fund. At or before the Effective Time, Parent shall deposit (or cause to
be deposited) with the Payment Agent, for payment to the holders of shares of Company Common Stock
pursuant to the provisions of this Article III, an amount of cash equal to the aggregate
consideration to which holders of Company Common Stock and holders of Vested Company RSUs and
Vested Company Options become entitled under this Article III (other than any portion
thereof allocable to any Dissenting Company Shares, which shall be withheld by Parent or the
Surviving Corporation to satisfy related appraisal or dissenters rights matters and the costs
thereof). Until disbursed in accordance with the terms and conditions of this Agreement, such
funds shall be invested by the Payment Agent, as directed by Parent or the Surviving Corporation,
in obligations of or guaranteed by the United States of America, obligations of an agency of the
United States of America which are backed by the full faith and credit of the United States of
America, commercial paper obligations rated A-1 or P-1 or better by Moody’s Investors Service,
Inc. or Standard & Poor’s Corporation, respectively, or certificates of deposit, bank repurchase
agreements or banker’s acceptances of commercial banks with capital exceeding $1 billion (based on
the most recent financial statements of such bank that are then publicly available) (such cash
amount being referred to herein as the “Exchange Fund”). Any interest and other income or
net profits resulting from such investments shall be paid to Parent. To the extent that there are
any losses with respect to any investments of the Exchange Fund, or the Exchange Fund diminishes
for any reason below the level required for the Payment Agent to promptly pay the consideration
contemplated by this Article III, upon demand by the Payment Agent, Parent shall, or shall
cause the Surviving Corporation to, promptly reimburse any such loss so as to ensure that the
Exchange Fund is at all times maintained at a level sufficient for the Payment Agent to make such
payments contemplated by this Article III.

          (c) Payment Procedures. Promptly following the Effective Time, Parent and the
Surviving Corporation shall cause the Payment Agent to mail to each holder of record (as of
immediately prior to the Effective Time) of (i) a certificate or certificates (the
“Certificates”) which immediately prior to the Effective Time represented outstanding
shares of Company Common Stock (other than Dissenting Company Shares) and (ii) uncertificated
shares of Company Common Stock (other than Owned Company Shares) (the “Uncertificated
Shares”), in each case, whose shares were converted into the right to receive the Merger
Consideration pursuant to Section 3.7 (A) a letter of transmittal in customary form (which
shall specify that delivery shall be effected, and risk of loss and title to the Certificates shall
pass, only upon delivery of the Certificates to the Payment Agent), and/or (B) instructions for use
in effecting the surrender of the Certificates and Uncertificated Shares in exchange for the Merger
Consideration payable in respect thereof pursuant to the provisions of this Article III.
Upon surrender of Certificates for cancellation to the Payment Agent or to such other agent or
agents as may be appointed by Parent, together with such letter of transmittal, duly completed and
validly executed in accordance with the instructions thereto, the holders of such Certificates
shall be entitled to receive in exchange therefor an amount in cash equal to the product obtained
by multiplying (x) the aggregate number of shares of Company Common Stock represented by such
Certificate that were converted into the right to receive the Merger Consideration pursuant to
Section 3.7, by (y) the Merger Consideration (less any applicable withholding taxes payable
in respect thereof), and the Certificates so surrendered shall forthwith be canceled. The holders
of such Uncertificated Shares shall be entitled to receive in exchange therefor an amount in cash
equal to the product obtained by multiplying (x) the aggregate number of shares of Company Common
Stock represented by such holder’s transferred Uncertificated Shares that were converted into the
right to receive the Merger Consideration pursuant to Section 3.7, by (y)

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the Merger
Consideration, upon the entry through a book-entry transfer agent of the surrender of such shares
on a book-entry account statement, and the transferred Uncertificated Shares so surrendered shall
forthwith be canceled. The Payment Agent shall accept such Certificates and transferred
Uncertificated Shares upon compliance with such reasonable terms and conditions as the Payment
Agent may impose to effect an orderly exchange thereof in accordance with normal exchange
practices. No interest shall be paid or accrued for the benefit of holders of the Certificates and
Uncertificated Shares on the Merger Consideration payable upon the surrender of such Certificates
and Uncertificated Shares pursuant to this Section 3.8. Until so surrendered, outstanding
Certificates and Uncertificated Shares shall be deemed from and after the Effective Time, to
evidence only the right to receive upon surrender the Merger Consideration, without interest
thereon, payable in respect thereof pursuant to the provisions of this Article III.

          (d) Transfers of Ownership. In the event that a transfer of ownership of shares of
Company Common Stock is not registered in the stock transfer books or ledger of the Company, or if
the Merger Consideration is to be paid in a name other than that in which the Certificates or
Uncertificated Shares surrendered in exchange therefor are registered in the stock transfer books
or ledger of the Company, the Merger Consideration may be paid to a Person other than the Person in
whose name the Certificate or Uncertificated Share so surrendered is registered in the stock
transfer books or ledger of the Company only if such Certificate or Uncertificated Shares is
properly endorsed and otherwise in proper form for surrender and transfer and the Person requesting
such payment has paid to Parent (or any agent designated by Parent) any transfer or other Taxes
required by reason of the payment of the Merger Consideration to a Person other than the registered
holder of such Certificate or Uncertificated Shares, or established to the satisfaction of Parent
(or any agent designated by Parent) that such transfer or other Taxes have been paid or are
otherwise not payable.

          (e) Required Withholding. Each of the Payment Agent, Parent and the Surviving
Corporation shall be entitled to deduct and withhold from any cash amounts payable pursuant to this
Agreement to any holder or former holder of shares of Company Common Stock, Company RSUs and
Company Options such amounts as may be required to be deducted or withheld therefrom under United
States federal or state, local or foreign Tax Laws. To the extent that such amounts are so
deducted or withheld, such amounts shall be treated for all purposes under this Agreement as having
been paid to the Person to whom such amounts would otherwise have been paid.

          (f) No Liability. Notwithstanding anything to the contrary set forth in this
Agreement, none of the Payment Agent, Parent, the Surviving Corporation or any other party hereto
shall be liable to a holder of shares of Company Common Stock for any amount properly paid to a
public official pursuant to any applicable abandoned property, escheat or similar Law.

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          (g) Distribution of Exchange Fund to Parent. Any portion of the Exchange Fund that
remains undistributed to the holders of the Certificates or Uncertificated Shares on the date that
is twelve (12) months after the Effective Time shall be delivered to Parent upon demand, and any
holders of shares of Company Common Stock that were issued and outstanding immediately prior to the
Merger who have not theretofore surrendered their Certificates or Uncertificated Shares
representing such shares of Company Common Stock for exchange pursuant to the provisions of this
Section 3.8 shall thereafter look for payment of the Merger Consideration payable in
respect of the shares of Company Common Stock represented by such Certificates or Uncertificated
Shares solely to Parent, as general creditors thereof, for any claim to the applicable Merger
Consideration to which such holders may be entitled pursuant to the provisions of this Article
III.

     3.9 No Further Ownership Rights in Company Common Stock. From and after the Effective
Time, all shares of Company Common Stock shall no longer be outstanding and shall automatically be
cancelled, retired and cease to exist, and each holder of a Certificate or Uncertificated Shares
theretofore representing any shares of Company Common Stock shall cease to have any rights with
respect thereto, except the right to receive the Merger Consideration payable therefor upon the
surrender thereof in accordance with the provisions of Section 3.8. The Merger
Consideration paid in accordance with the terms of this Article III shall be deemed to have
been paid in full satisfaction of all rights pertaining to such shares of the Company Common Stock.
From and after the Effective Time, there shall be no further registration of transfers on the
records of the Surviving Corporation of shares of Company Common Stock that were issued and
outstanding immediately prior to the Effective Time, other than transfers to reflect, in accordance
with customary settlement procedures, trades effected prior to the Effective Time. If, after the
Effective Time, Certificates or Uncertificated Shares are presented to the Surviving Corporation
for any reason, they shall be canceled and exchanged as provided in this Article III.

     3.10 Lost, Stolen or Destroyed Certificates. In the event that any Certificates shall have
been lost, stolen or destroyed, the Payment Agent shall issue in exchange for such lost, stolen or
destroyed Certificates, upon the making of an affidavit of that fact by the holder thereof, the
Merger Consideration payable in respect thereof pursuant to Section 3.7; provided, however,
that Parent may, in its discretion and as a condition precedent to the payment thereof, require the
owner of such lost, stolen or destroyed Certificate to deliver a bond in such sum as Parent may
reasonably direct as indemnity against any claim that may be made against Parent, the Surviving
Corporation or the Paying Agent with respect to the Certificate alleged to have been lost, stolen
or destroyed.

     3.11 Necessary Further Actions. If, at any time after the Effective Time, any further
action is necessary or desirable to carry out the purposes of this Agreement and to vest the
Surviving Corporation with full right, title and possession to all assets, property, rights,
privileges, powers and franchises of the Company and Acquisition Sub, the directors and officers of
the Company and Acquisition Sub shall take all such lawful and necessary action.

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ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

     Except (i) as set forth in the disclosure schedule delivered by the Company to Parent on the
date of this Agreement (the “Company Disclosure Letter”), or (ii) as set forth in the
Company SEC Reports filed by the Company with the SEC between June 1, 2009 and the date hereof
(other than in any “risk factor” disclosure or any other forward looking or predictive statements
set forth therein), the Company hereby represents and warrants to Parent and Acquisition Sub as
follows:

     4.1 Organization; Good Standing. The Company is a corporation duly organized, validly
existing and in good standing under Delaware Law, and has the requisite corporate power and
authority to conduct its business as it is presently being conducted and to own, lease or operate
its properties and assets. The Company is duly licensed and qualified to do business and is in
good standing (or equivalent status) in each jurisdiction where the character of its properties
owned or leased or the nature of its activities make such qualification necessary, except where the
failure to be so qualified, licensed or in good standing (or equivalent status) would not have,
individually or in the aggregate, a Company Material Adverse Effect. The Company has delivered or
made available to Parent complete and correct copies of the certificates of incorporation and
bylaws, as amended to date, of the Company. The Company is not in material violation of its
certificate of incorporation or bylaws.

     4.2 Corporate Power; Enforceability. The Company has all requisite corporate power and
authority to execute and deliver this Agreement, to perform its covenants and obligations hereunder
and, subject in the case of the consummation of the Merger, to obtaining the Requisite Stockholder
Approval if required by Applicable Law, to consummate the transactions contemplated hereby. The
execution and delivery by the Company of this Agreement, the performance by the Company of its
covenants and obligations hereunder and the consummation by the Company of the transactions
contemplated hereby have been duly authorized by all necessary corporate action on the part of the
Company and no additional corporate proceedings on the part of the Company are necessary to
authorize the execution and delivery by the Company of this Agreement, the performance by the
Company of its covenants and obligations hereunder or the consummation of the transactions
contemplated hereby, other than in the case of the consummation of the Merger, obtaining the
Requisite Stockholder Approval if required by applicable Law. This Agreement has been duly
executed and delivered by the Company and, assuming the due authorization, execution and delivery
by Parent and Acquisition Sub, constitutes a legal, valid and binding obligation of the Company,
enforceable against the Company in accordance with its terms, except that such enforceability (a)
may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other similar
laws affecting or relating to creditors’ rights generally, and (b) is subject to general principles
of equity.

     4.3 Requisite Stockholder Approval. The only vote of the holders of any class or series
of Company Capital Stock necessary to approve and adopt this Agreement and the transactions
contemplated hereby is the adoption of this Agreement by the holders of a majority of the
outstanding Company Common Stock if Section 253 of the DGCL will not permit the consummation of the
Merger without a meeting of the stockholders of the Company (the “Requisite Stockholder
Approval”).

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     4.4 Non-Contravention. The execution and delivery by the Company of this Agreement, the
performance by the Company of its covenants and obligations hereunder and the consummation by the
Company of the transactions contemplated hereby do not and will not (a) violate or conflict with
any provision of the certificate of incorporation or bylaws of the Company or the certificates of
incorporation, bylaws or other constituent documents of any of the Company’s Subsidiaries, (b)
subject to obtaining such Consents set forth in Section 4.4 of the Company Disclosure
Letter, violate, conflict with, or result in the breach of or constitute a default (or an event
which with notice or lapse of time or both would become a default) under, or result in the
termination of, or accelerate the performance required by, or result in a right of termination or
acceleration under, any Material Contract, (c) assuming the Consents referred to in Section
4.5 are obtained or made and, in the case of the consummation of the Merger, subject to
obtaining the Requisite Stockholder Approval if required by applicable Law, violate or conflict
with in any material respect any Law or Order applicable to the Company or any of its Subsidiaries
or by which any which of their properties or Assets are bound, or (d) result in the creation of any
Lien (other than Permitted Liens) upon any of the Assets, except in the case of each of clauses
(b), (c) and (d) above, for such violations, conflicts, defaults, terminations, accelerations or
Liens which would not have, individually or in the aggregate, a Company Material Adverse Effect or
prevent or materially delay the consummation by the Company of the transactions contemplated hereby
or the performance by the Company of its covenants and obligations hereunder.

     4.5 Required Governmental Approvals. No consent, approval, Order or authorization of, or
filing or registration with, or notification to (any of the foregoing being referred to herein as a
“Consent”), any Governmental Authority is required on the part of the Company in connection
with the execution and delivery by the Company of this Agreement, the performance by the Company of
its covenants and obligations hereunder and the consummation by the Company of the transactions
contemplated hereby, except (a) the filing and recordation of the Certificate of Merger with the
Delaware Secretary of State and such filings with Governmental Authorities to satisfy the
applicable laws of states in which the Company and its Subsidiaries are qualified to do business,
(b) such filings and approvals as may be required by any federal or state securities laws,
including compliance with any applicable requirements of the Exchange Act, and (c) Consents
required under, and compliance with any other applicable requirements of the HSR Act and any
applicable foreign Antitrust Laws.

     4.6 Company Capitalization.

          (a) The authorized capital stock of the Company consists of (i) 300,000,000 shares of Company
Common Stock, and (ii) 20,000,000 shares of Company Preferred Stock. As of the close of business
in New York City on August 13, 2010 (the “Capitalization Date”): (A) 62,828,936 shares of
Company Common Stock were issued and outstanding, (B) no shares of Company Preferred Stock were
issued and outstanding, and (C) no shares of Company Capital Stock were held by the Company as
treasury shares. All outstanding shares of Company Common Stock are validly issued, fully paid and
nonassessable and free of any preemptive rights. Except as set forth above, as of the date hereof,
the Company has not issued any shares of Company Capital Stock other than pursuant to the exercise
of Stock Options or vesting and settlement of Company RSUs.

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          (b) As of the close of business on the Capitalization Date, there were 12,345,318 shares of
Company Common Stock reserved for future issuance under the Company Stock Plans and 2,898,355
shares of Company Common Stock reserved for future issuance under the Company ESPP. As of the
close of business on the Capitalization Date, there were outstanding Company Options to purchase
10,925,583 shares of Company Common Stock, 1,123,294 Company RSUs and 712 Company Restricted Stock
Awards and, since such date, the Company has not granted, committed to grant or otherwise created
or assumed any obligation with respect to any Company Options, Company RSUs or Company Restricted
Stock Awards, other than as permitted by Section 6.1(b).

          (c) Except as set forth in Section 4.6(c) of the Company Disclosure Letter, as of the
date hereof, none of the Company or any of its Subsidiaries has any indebtedness for borrowed money
other than intercompany indebtedness owed to the Company or one of its Subsidiaries.

          (d) Except as set forth in this Section 4.6, there are (i) no outstanding shares of
capital stock of, or other equity or voting interest in, the Company, (ii) no outstanding
securities of the Company convertible into or exchangeable for shares of capital stock of, or other
equity or voting interest in, the Company, (iii) no outstanding options, warrants, rights or other
commitments or agreements to acquire from the Company, or that obligates the Company to issue, any
capital stock of, or other equity or voting interest in, or any securities convertible into or
exchangeable for shares of capital stock of, or other equity or voting interest in, the Company,
(iv) no obligations of the Company to grant, extend or enter into any subscription, warrant, right,
convertible or exchangeable security or other similar agreement or commitment relating to any
capital stock of, or other equity or voting interest (including any voting debt) in, the Company
(the items in clauses (i), (ii), (iii) and (iv), together with the Company Capital Stock, being
referred to collectively as “Company Securities”) and (v) no other obligations by the
Company or any of its Subsidiaries to make any payments based on the price or value of any Company
Securities. Neither the Company nor any of its Subsidiaries is a party to any Contract which
obligate the Company or any of its Subsidiaries to repurchase, redeem or otherwise acquire any
Company Securities, except in connection with the repurchase or acquisition of Company Common Stock
pursuant to the terms of Company Stock Plans.

          (e) Neither the Company nor any of its Subsidiaries is a party to any agreement relating to
the voting of, requiring registration of, or granting any preemptive rights, anti-dilutive rights
or rights of first refusal or other similar rights with respect to any securities of the Company.

     4.7 Subsidiaries.

          (a) Section 4.7(a) of the Company Disclosure Letter contains a complete and accurate
list of the name, jurisdiction of organization, capitalization and schedule of stockholders of each
Subsidiary of the Company. Each of the Company’s Subsidiaries is duly organized, validly existing
and in good standing (or equivalent status) under the laws of the jurisdiction of its respective
organization, except where the failure to be in good standing would not have, individually or in
the aggregate, a Company Material Adverse Effect. Each of the Company’s

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Subsidiaries has the
requisite corporate power and authority to carry on its respective business as it is presently
being conducted and to own, lease or operate its respective properties and assets. Each of the
Company’s Subsidiaries is duly qualified to do business and is in good standing (or equivalent
status) in each jurisdiction where the character of its properties owned or leased or the nature of
its activities make such qualification necessary, except where the failure to be so qualified or in
good standing (or equivalent status) would not have, individually or in the aggregate, a Company
Material Adverse Effect. The Company has delivered or made available to Parent complete and
correct copies of the certificates of incorporation, bylaws or other constituent documents, as
amended, of the Company’s Subsidiaries. None of the Company’s Subsidiaries is in material
violation of its certificate of incorporation, bylaws or other applicable constituent documents.

          (b) All of the outstanding capital stock of, or other equity or voting interest in, each
Subsidiary of the Company (i) have been duly authorized, validly issued and are fully paid and
nonassessable and (ii) are owned beneficially and of record by the Company or one of its wholly
owned Subsidiaries set forth in Section 4.7(a) of the Company Disclosure Letter, free and
clear of all Liens and free of any other restriction (including any restriction on the right to
vote, sell or otherwise dispose of such capital stock or other equity or voting interest) that
would prevent the operation by the Surviving Corporation of such Subsidiary’s business as presently
conducted.

          (c) There are no outstanding (i) shares of capital stock of or other voting or equity
interests in any Subsidiary of the Company, (ii) securities of the Company or any of its
Subsidiaries convertible into or exchangeable for shares of capital stock of, or other equity or
voting interest in, any Subsidiary of the Company, (iii) options, warrants, rights or other
commitments or agreements to acquire from the Company or any of its Subsidiaries, or that obligate
the Company or any of its Subsidiaries to issue, any capital stock of, or other equity or voting
interest in, or any securities convertible into or exchangeable for shares of capital stock of, or
other equity or voting interest in, any Subsidiary of the Company, (iv) obligations of the Company
to grant, extend or enter into any subscription, warrant, right, convertible or exchangeable
security or other similar agreement or commitment relating to any capital stock of, or other equity
or voting interest (including any voting debt) in, any Subsidiary of the Company (the items in
clauses (i), (ii), (iii), (iv), together with the capital stock of the Subsidiaries of the Company,
being referred to collectively as “Subsidiary Securities”), or (iv) other obligations by
the Company or any of its Subsidiaries to make any payments based on the price or value of any
shares of any Subsidiary of the Company. Neither the Company nor any of its Subsidiaries is a
party to any Contract which obligate the Company or any of its Subsidiaries to repurchase, redeem
or otherwise acquire any outstanding Subsidiary Securities.

          (d) Neither the Company nor any of the Company’s Subsidiaries owns any shares of capital stock
of or other voting or equity interests in (including any securities exercisable or exchangeable for
or convertible into shares of capital stock of or other voting or equity interests in) any other
Person.

     4.8 Company SEC Reports. Since November 15, 2007, the Company has filed all forms,
reports, statements, schedules and other documents with the SEC that have been required

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to be filed
by it under applicable Laws prior to the date hereof, and the Company will file prior to the
Effective Time all forms, reports statements, schedules and other documents with the SEC that are
required to be filed by it under applicable Laws prior to such time (all such forms, reports and
documents, together with any documents filed during such period by the Company with the SEC on a
voluntary basis on Current Reports on Form 8-K and, in all cases, all exhibits and schedules
thereto, the “Company SEC Reports”). As of its respective effective dates (in the case of
Company SEC Reports that are registration statements filed pursuant to the Securities Act) and as
of its respective filing date (or, if amended or superseded by a filing prior to the date of this
Agreement, on the date of such amended or superseded filing), (a) each Company SEC Report complied,
or will comply, as the case may be, as to form in all material respects with all applicable Law,
including the applicable requirements of the Securities Act, the Exchange Act and the
Sarbanes-Oxley Act each as in effect on the date such Company SEC Report was, or will be, filed or
effective, and (b) each Company SEC Report did not, and will not, as the case may be, contain any
untrue statement of a material fact or omit to state any material fact necessary in order to make
the statements made therein, in the light of the circumstances under which they were made, not
misleading. True and correct copies of all Company SEC Reports filed prior to the date hereof have
been furnished to Parent or are publicly available in the Electronic Data Gathering, Analysis and
Retrieval (EDGAR) database of the SEC. None of the Company’s Subsidiaries is required to file any
forms, reports or other documents with the SEC. No executive officer of the Company has failed to
make the certifications required of him or her under Rule 13a-14 or 15d-15 of the Exchange Act or
Section 302 or 906 of the Sarbanes-Oxley Act with respect to any Company SEC Report, except as
disclosed in certifications filed with the Company SEC Reports. Neither the Company nor any of its
executive officers has received notice from any Governmental Authority challenging or questioning
the accuracy, completeness, form or manner of filing of such certifications. Since November 15,
2007, the Company and each of its officers and directors, have been and are in compliance in all
material respects with (A) the applicable provisions of the Sarbanes-Oxley Act and the rules and
regulations promulgated thereunder and (B) the applicable listing and corporate governance rules
and regulations of NYSE.

     4.9 Company Financial Statements.

          (a) The consolidated financial statements of the Company and its Subsidiaries filed with the
Company SEC Reports have been or will be, as the case may be, prepared in accordance with GAAP
consistently applied during the periods and at the dates involved (except as may be indicated in
the notes thereto or as otherwise permitted by Form 10-Q with respect to any unaudited quarterly
financial statements filed on Form 10-Q), and fairly present in all material respects, or will
present in all material respects, as the case may be, the consolidated financial position of the
Company and its Subsidiaries as of the dates thereof and the consolidated results of operations and
cash flows for the periods then ended.

          (b) The Company and its Subsidiaries maintain disclosure controls and procedures (as such
terms are defined in Rule 13a-15 under the Exchange Act) that satisfy the requirements of Rule
13a-15 under the Exchange Act. Such disclosure controls and procedures are effective to ensure
that all material information concerning the Company (including its Subsidiaries) is made known on
a timely basis to the Company’s management as appropriate to

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allow timely decisions regarding
required disclosure and to make the certifications required pursuant to Section 302 and 906 of the
Sarbanes-Oxley Act.

          (c) The Company maintains a system of internal accounting controls (as such term is defined in
Rule 13a-15 under the Exchange Act) sufficient to provide reasonable assurance that: (i)
transactions are executed in accordance with management’s general or specific authorizations; (ii)
transactions are recorded as necessary to permit preparation of financial statements in conformity
with GAAP and to maintain asset accountability; (iii) access to assets is permitted only in
accordance with management’s general or specific authorization; and (iv) the recorded
accountability for assets is compared with the existing assets at reasonable intervals and
appropriate action is taken with respect to any differences.

          (d) Since November 15, 2007, the Company’s principal executive officer and its principal
financial officer (each as defined in the Sarbanes-Oxley Act) have disclosed to the Company’s
auditors and the audit committee of the Company Board (i) all significant deficiencies and material
weaknesses in the design or operation of internal controls over financial reporting that are
reasonably likely to adversely affect the Company’s ability to record, process, summarize and
report financial information of the Company and its Subsidiaries on a consolidated basis and (ii)
any fraud, whether or not material, that involves management or other employees who have a
significant role in the Company and its Subsidiaries’ internal controls. Since November 15, 2007,
neither the Company nor any of its Subsidiaries has made or permitted to remain outstanding any
“extensions of credit” (within the meaning of Section 402 of the Sarbanes-Oxley Act) or prohibited
loans to any executive officer of the Company (as defined in Rule 3b-7 under the Exchange Act) or
director of the Company or any of its Subsidiaries.

          (e) Since November 15, 2007 through the date of this Agreement, (i) neither the Company nor
any of the Company’s Subsidiaries, nor any director or executive officer of the Company or any of
the Company’s Subsidiaries has, and, to the Knowledge of the Company, no other officer, employee or
accountant of the Company or any of the Company’s Subsidiaries has, received any material
complaint, allegation, assertion or claim, in writing (or, to the Knowledge of the Company, orally)
that the Company or any of its Subsidiaries has engaged in improper, illegal or fraudulent
accounting or auditing practices, and (ii) no attorney representing the Company or any of its
Subsidiaries, whether or not employed by the Company or any of its Subsidiaries, has reported
evidence of a material violation of securities Laws, breach of fiduciary duty or similar violation
by the Company or any of its officers, directors, employees or agents to the Board of Directors of
the Company or any committee thereof or to any director or officer of the Company.

          (f) Neither the Company nor any of its Subsidiaries is a party to, or has any commitment to
become a party to, any joint venture, partnership agreement or any similar Contract (including any
Contract relating to any transaction, arrangement or relationship between or among the Company or
any of its Subsidiaries, on the one hand, and any unconsolidated affiliate, including any
structured finance, special purpose or limited purpose entity or Person, on the other hand (such as
any arrangement described in Section 303(a)(4) of Regulation S-K under the Securities Act)) where
the purpose or effect of such arrangement is to avoid disclosure of any material transaction
involving the Company or any of its Subsidiaries in the Company’s consolidated financial
statements.

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     4.10 No Undisclosed Liabilities. Neither the Company nor any of its Subsidiaries has any
Liabilities, other than (a) Liabilities set forth in the Company Balance Sheet or in the
consolidated financial statements and notes thereto of the Company and its Subsidiaries included in
the Company SEC Reports filed prior to the date of this Agreement, (b) Liabilities arising under
this Agreement or incurred in connection with the transactions contemplated by this Agreement, (c)
Liabilities incurred since the Company Balance Sheet Date in the ordinary course of business
consistent with past practice, and (d) Liabilities that would not have, individually or in the
aggregate, a Company Material Adverse Effect.

     4.11 Absence of Certain Changes.

          (a) Since the Company Balance Sheet Date through the date hereof, the business of the Company
and its Subsidiaries has been conducted, in all material respects, in the ordinary course
consistent with past practice, and there has not been or occurred, and there does not exist, any
Company Material Adverse Effect that is continuing.

          (b) Since the Company Balance Sheet Date through the date hereof, neither the Company nor any
of its Subsidiaries has taken any action or failed to take any action that would have resulted in a
breach of Section 6.1(b), had such section been in effect since the Company Balance Sheet
Date.

     4.12 Material Contracts.

          (a) For all purposes of and under this Agreement, a “Material Contract” shall mean:

               (i) any agreement that would be required to be filed by the Company as a “material contract”
pursuant to Item 601(b)(10) of Regulation S-K under the Securities Act or that would be required to
be disclosed under Item 404 of Regulations S-K under the Securities Act;

               (ii) any employment or consulting Contract (in each case, under which the Company has
continuing obligations as of the date hereof) with respect to any employee or consultant in the
United States that either (A) is for a fixed term of employment or services (but in the case of
consulting agreements, only if such fixed term exceeds 2 months) or (B) provides for severance or
termination payments in an amount in excess of the Company’s standard severance policy;

               (iii) any Contract (A) limiting the freedom or right of the Company or any of its Subsidiaries
to engage in any line of business, to make use of any material Intellectual Property or to compete
with any Person in any line of business or in any location, in any such case, in a manner that
would be material to the Company and its Subsidiaries, taken as a whole, or (B) containing
exclusivity obligations or restrictions or otherwise prohibiting or limiting the freedom or right
of the Company or its Subsidiaries to sell, distribute or manufacture any products or services or
to purchase or otherwise obtain any Software, components, parts or

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subassemblies, or to exploit any
material tangible or intangible property or assets, in any such case, in a manner that would be
material to the Company and its Subsidiaries, taken as a whole;

               (iv) any Contract (A) relating to the license, disposition or acquisition (directly or
indirectly) by the Company or any of its Subsidiaries of a material amount of assets other than in
the ordinary course of business consistent with past practice, (B) pursuant to which the Company or
any of its Subsidiaries will acquire any material interest in any other Person, other business
enterprise other than the Company’s Subsidiaries or any real property, or (C) for the acquisition
or disposition of any business containing any profit sharing arrangements or “earn-out”
arrangements, indemnification obligations or other contingent payment obligations;

               (v) any Company Intellectual Property Agreements set forth in Section 4.15(b) of the
Company Disclosure Letter;

               (vi) any Contract that relates to the formation, creation, operation, management or control of
any (A) joint venture or (B) partnership, collaboration, limited liability company, joint
marketing, distribution or similar arrangement that, in the case of clause (B), is material to the
Company and its Subsidiaries, taken as a whole, or pursuant to which the Company or any of its
Subsidiaries has an obligation (contingent or otherwise) to make a material investment in or
material extension of credit to any Person;

               (vii) any Contract or series of related Contracts for the purchase of materials, supplies,
goods, services, equipment or other assets under which the Company and the Company’s Subsidiaries
made payments of $1,000,000.00 or more during the twelve-month period ending on the Company Balance
Sheet Date;

               (viii) any sales, distribution, agency or other similar agreement providing for the sale by
the Company or any of the Company’s Subsidiaries of materials, supplies, goods, services, equipment
or other assets that is with one of the 50 largest customers of the Company and its Subsidiaries,
or one of the 20 largest resellers of the Company and its Subsidiaries, in each case determined by
revenues received by the Company and its Subsidiaries on a consolidated basis during the fiscal
year ended March 31, 2010;

               (ix) any agreement (including any “take-or-pay” or keepwell agreement) under which
(A) any Person (other than the Company or any of the Company’s Subsidiaries) has directly
or indirectly guaranteed any liabilities or obligations of the Company or any of the Company’s
Subsidiaries or (B) the Company or any of the Company’s Subsidiaries has directly or
indirectly guaranteed any liabilities or obligations of any other Person (other than the Company or
any of the Company’s Subsidiaries), in each case of clauses (A) and (B), other than endorsements
for the purpose of collection in the ordinary course of business;

               (x) any Government Contract under which the Company and the Company’s Subsidiaries made or
received payments of $1,000,000.00 or more during the twelve-month period ending on the Company
Balance Sheet Date;

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               (xi) any Contract that involves or relates to indebtedness for borrowed money (whether
incurred, assumed, guaranteed or secured by any asset) outside the ordinary course of business; and

               (xii) any Contract, or group of Contracts with a Person (or group of affiliated Persons), the
termination or breach of which would have a Company Material Adverse Effect and is not disclosed
pursuant to clauses (i) through (xi) above.

          (b) Section 4.12(b) of the Company Disclosure Letter contains a complete and accurate
list of all Material Contracts to or by which the Company or any of its Subsidiaries is a party or
is bound as of the date of this Agreement. As of the date hereof, true and complete copies of all
Material Contracts (including all exhibits and schedules thereto) have been (i) publicly available
in the Electronic Data Gathering, Analysis and Retrieval (EDGAR) database of the SEC or (ii) made
available to Parent.

          (c) Each Material Contract is valid and binding on the Company or each such Subsidiary of the
Company party thereto) and, to the Knowledge of the Company, each other party thereto, and is in
full force and effect, enforceable against the Company or each such Subsidiary of the Company party
thereto in accordance with its terms, except that such enforceability (i) may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting or
relating to creditors’ rights generally and (ii) is subject to general principles of equity, and
neither the Company nor any of its Subsidiaries that is a party thereto, nor, to the Knowledge of
the Company, any other party thereto, is in material breach of, or material default under, any such
Material Contract, and no event has occurred that with notice or lapse of time or both would
constitute such a material breach or material default thereunder by the Company or any of its
Subsidiaries, or, to the Knowledge of the Company, any other party thereto.

          (d) With respect to each Government Contract to which a U.S. federal Governmental Authority is
a party or that is a Material Contract, to the Knowledge of the Company, (i) all representations
and certifications executed, acknowledged or set forth in or pertaining to such Governmental
Contract were complete and correct in all material respects as of their effective date, and the
Company and Company’s Subsidiaries, as applicable, have complied in all material respects with all
such representations and certifications; (ii) neither the United States government nor any prime
contractor, subcontractor or other Person has notified the Company or any of the Company’s
Subsidiaries that the Company or any of the Company’s Subsidiaries has materially breached or
materially violated any material certification, representation, clause, provision or requirement,
pertaining to such Government Contract.

          (e) To the Knowledge of the Company, neither the Company nor any of the Company’s Subsidiaries
nor any of their respective directors, officers or employees is or has been under administrative,
civil, or criminal investigation, or indictment or audit by any Governmental Authority with respect
to any alleged irregularity, misstatement or omission arising under or relating to any Government
Contract to which a U.S. federal Governmental Authority is a party or that is a Material Contract.
Neither the Company nor any of Company’s Subsidiaries has conducted or initiated any internal
investigation or made a voluntary disclosure to any Governmental Authority with respect to any
alleged irregularity, misstatement or omission

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arising under or relating to a Government Contract
to which a U.S. federal Governmental Authority is a party or that is a Material Contract. To the
Knowledge of the Company, neither the Company nor any of the Company’s Subsidiaries nor any of
their respective directors, officers or employees has been suspended or debarred from doing
business with any Governmental Authority or is, or at any time has been, the subject of a finding
of non-responsibility or ineligibility for contracting with any Governmental Authority.

     4.13 Real Property.

          (a) Neither the Company nor any of its Subsidiaries owns any real property.

          (b) Section 4.13(b) of the Company Disclosure Letter contains a complete and accurate
list of any real property leased, subleased or licensed by the Company or any of its Subsidiaries
(such property, the “Leased Real Property”) and all of the leases, subleases or other
agreements (collectively, the “Leases”) under which the Company or any of its Subsidiaries
uses or occupies or has the right to use or occupy, now or in the future any real property, which
list sets forth each Lease and the address, landlord and tenant for each Lease. The Company has
made available to Parent a complete and accurate copy of all Leases of Leased Real Property
(including all modifications, amendments, supplements, waivers and side letters thereto). The
Company and/or its Subsidiaries have and own valid leasehold estates in the Leased Real Property,
free and clear of all Liens other than Permitted Liens.

          (c) Section 4.13(c) of the Company Disclosure Letter contains a complete and accurate
list of all of the existing Leases granting to any Person, other than the Company or any of its
Subsidiaries, any right to use or occupy, now or in the future, any material portion of the Leased
Real Property.

          (d) All of the Leases set forth in Section 4.13(b) or Section 4.13(c) of the
Company Disclosure Letter are each in full force and effect and neither the Company nor any of its
Subsidiaries is in material breach of or material default under, or has received written notice of
any material breach of or material default under, any Lease, and, to the Knowledge of the Company,
no event has occurred that with notice or lapse of time or both would constitute a material breach
or material default thereunder by the Company or any of its Subsidiaries or any other party
thereto.

     4.14 Personal Property and Assets. The machinery, equipment, furniture, fixtures and other
tangible personal property and assets owned, leased or used by the Company or any of its
Subsidiaries (the “Assets”) are, in the aggregate, sufficient and adequate to carry on
their respective businesses in all material respects as presently conducted, and the Company and
its Subsidiaries are in possession of and have good title to, or valid leasehold interests in or
valid rights under contract to use, such Assets that are material to the Company and its
Subsidiaries, taken as a whole, free and clear of all Liens other than Permitted Liens.

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     4.15 Intellectual Property.

          (a) Section 4.15(a) of the Company Disclosure Letter contains a complete and accurate
list of the following, to the extent they are Owned Company Intellectual Property: (i) all
registered Trademarks and applications therefor; (ii) all Patents; (iii) all registered Copyrights
and applications therefor; (iv) all Software code incorporated into the products of the Company and
its Subsidiaries (listed generally by product name and version, and not specifically by file name
or otherwise); and (v) all Domain Names, in each case listing, if and as applicable, (A) the name
of the applicant/registrant and current owner, (B) the jurisdiction where the
application/registration is located and (C) the application or registration number. To the
Knowledge of the Company, all such Owned Company Intellectual Property is valid and enforceable.

          (b) Section 4.15(b) of the Company Disclosure Letter contains a complete and accurate
list of all Contracts material to the Company and its Subsidiaries, taken as a whole, as of the
date hereof (i) under which the Company or any of its Subsidiaries uses or has the right to use any
Licensed Company Intellectual Property, other than licenses and related services agreements for
commercially available Software or (ii) under which the Company or any of its Subsidiaries has
transferred, assigned or licensed to others the right to use any Company Intellectual Property or
Company Intellectual Property Rights, other than customer, developer and reseller licenses and
other agreements entered into in the ordinary course of business consistent with past practice, in
each case specifying the parties to the agreement (such agreements, the “Company Intellectual
Property Agreements”). To the Knowledge of the Company, as of the date hereof, there are no
pending disputes regarding the scope of such Company Intellectual Property Agreements, performance
under the Company Intellectual Property Agreements, or with respect to payments made or received
under such Company Intellectual Property Agreements. No Company Intellectual Property Agreements
give ownership or exclusive rights to any improvements or derivative works of any Licensed Company
Intellectual Property made by the Company or any of its Subsidiaries, except where the Company has
a license or other rights to make use of such improvements or derivative works, or such
improvements or derivative works are not material to the business of the Company and its
Subsidiaries.

          (c) The Company and its Subsidiaries own all right, title and interest in the Owned Company
Intellectual Property, free and clear of all Liens other than (i) Permitted Liens, (ii)
encumbrances, licenses, restrictions or other obligations arising under any of the Company
Intellectual Property Agreements, and (iii) Liens that would not have, individually or in the
aggregate, a Company Material Adverse Effect. To the Knowledge of the Company, the Company and its
Subsidiaries collectively own or have sufficient rights to use the Company Intellectual Property.

          (d) The Company and each of its Subsidiaries has taken reasonable and appropriate steps to
protect and preserve the confidentiality of the Trade Secrets that comprise any part of the Company
Intellectual Property, and to the Knowledge of the Company, as of the date hereof, there are no
unauthorized uses, disclosures or infringements of any such Trade Secrets by any Person. No source
code of any Owned Company Intellectual Property has been licensed or disclosed to any third party
that is not an Affiliate, employee, agent or other representative of the Company. To the Knowledge
of the Company, all use and disclosure by the Company or any of its Subsidiaries of Trade Secrets
owned by another Person have been pursuant to the terms of a written agreement with such Person or
was otherwise lawful, except to the extent that any use or

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disclosure of any Trade Secret owned by
another Person that was not done in accordance with a written agreement would not have,
individually or in the aggregate, a Company Material Adverse Effect. Without limiting the
foregoing, the Company and its Subsidiaries have a policy requiring employees and certain
consultants and contractors who are or were involved in, or who have participated in or contributed
to, the conception, development, creation or reduction to practice of any Intellectual Property for
the Company or of any of its Subsidiaries, to execute a confidentiality and assignment agreement
that provides that the Company or its Subsidiaries owns all Intellectual Property Rights therein
(subject to limitations on the assignment of Intellectual Property and Intellectual Property Rights
imposed by applicable Law, including but not limited to California Labor Code Section 2870) and
that protects the confidentiality of all Trade Secrets of the Company and its Subsidiaries. The
Company and its Subsidiaries have enforced such policy.

          (e) To the Knowledge of the Company, as of the date hereof, (i) none of the Company or any of
its Subsidiaries or any of its or their current products or services or other operation of the
Company’s or its Subsidiaries’ business has infringed upon or otherwise violated, or is infringing
upon or otherwise violating, in any respect the Intellectual Property Rights of any third party and
(ii) no third party is infringing or otherwise violating any Owned Company Intellectual Property.

          (f) As of the date hereof, there is no pending suit, claim, action, investigation or
proceeding made, conducted or brought by a third party that has been served upon or, to the
Knowledge of the Company, filed or threatened with respect to, and the Company and its Subsidiaries
have not been notified in writing of, any alleged infringement, misappropriation or other violation
by the Company or any of its Subsidiaries or any of its or their current products or services or
other operation of the Company’s or its Subsidiaries’ business of the Intellectual Property Rights
of such third party. As of the date hereof, (i) to the Knowledge of the Company, the Owned Company
Intellectual Property is valid and enforceable in each applicable jurisdiction and (ii) to the
Knowledge of the Company, there is no pending or threatened claim challenging the validity or
enforceability of, or contesting the Company’s or any of its Subsidiaries’ rights with respect to,
any of the Company Intellectual Property. As of the date of this Agreement, to the Knowledge of
the Company, the Company and its Subsidiaries are not subject to any Order that restricts or
impairs the use of any Company Intellectual Property or Intellectual Property Rights that are
material to the Company and its Subsidiaries, taken as a whole.

          (g) The execution and delivery of this Agreement and the consummation of the transactions
contemplated hereby will not result in (i) the Company or its Subsidiaries granting to any third
party any rights or licenses to any Intellectual Property or Intellectual Property Rights, (ii) any
right of termination or cancellation under any Company Intellectual Property Agreement, or (iii)
the imposition of any Lien on any Owned Company Intellectual Property.

          (h) The Company and its Subsidiaries maintain and are in compliance with policies and
procedures regarding data security, back-up, disaster recovery and privacy that are commercially
reasonable and, in any event, are in compliance with all applicable Laws. To the Knowledge of the
Company, since November 15, 2007, there have been no (i) failures of computer services or other
information technology assets that have caused disruptions that are material to the Company and its
Subsidiaries, taken as a whole, or (ii) security breaches relating

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to, violations of any security
policy regarding or any unauthorized access of any data used in the business of the Company or any
of its Subsidiaries. The use and dissemination of any and all data and information concerning
individuals by the Company and its Subsidiaries is in compliance in all material respects with all
applicable privacy policies, terms of use, and applicable Laws. The transactions contemplated to
be consummated hereunder will not violate any privacy policy, terms of use, or applicable Laws
relating to the use, dissemination, or transfer of any such data or information, except as would
not have, individually or in the aggregate, a Company Material Adverse Effect.

          (i) The participation by the Company and its Subsidiaries in any standards setting or other
industry organization is in material compliance with all rules, requirements, and other obligations
of any such organization.

          (j) No federal, state, local or other governmental entity nor any university, college, or
academic institution has ownership rights in any Owned Company Intellectual Property that is
material to the business of the Company or any of its Subsidiaries other than pursuant to a valid,
nonexclusive license granted by the Company or any of its Subsidiaries.

          (k) To the Knowledge of the Company, as of the date hereof, no product or service of the
Company or any of its Subsidiaries is distributed with any Software that is licensed pursuant to an
“open source” or other third-party license agreement that requires the disclosure or licensing of
any source code for any Software owned by the Company or its Subsidiaries and included within a
product or service of the Company or its Subsidiaries or of any Company Intellectual Property
Rights.

     4.16 Tax Matters.

          (a) The Company and each of its Subsidiaries (i) have duly and timely filed all material U.S.
federal, state, local and non-U.S. returns, estimates, claims for refund, information statements
and reports or other similar documents required to be filed with respect to Taxes with any Taxing
Authority (including amendments, schedules, or attachments thereto) relating to any and all Taxes
(“Tax Returns”) required to be filed by any of them and all material items of income, gain,
loss, deduction and credit or other items (“Tax Items”) required to be included in each
such Tax Return have been so included and all such Tax Items and any other information provided in
each such Tax Return are true, correct and complete in all material respects and were prepared in
compliance with all applicable Laws and (ii) have timely paid in full all material Taxes owed by
them or for which they are liable that are or have become due. No material assessment, claims
adjustments or deficiencies for any Taxes have been asserted or assessed, or to the Knowledge of
the Company, proposed, against the Company or any of its Subsidiaries, nor is there in force any
waiver or agreement for any extension of time for the assessment, payment or collection of any Tax.
There are no Liens (other than Permitted Liens) on any of the assets of the Company or its
Subsidiaries that arose in connection with any failure (or alleged failure) to pay any Tax.

          (b) All Tax withholding and deposit requirements imposed on or with respect to the Company or
any of its Subsidiaries have been satisfied in all material respects.

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          (c) To the Knowledge of the Company, no Tax audits or administrative or judicial proceedings
are being conducted, are pending or have been threatened with respect to the Company or any of its
Subsidiaries. No claim has ever been made in writing by an authority in a jurisdiction where the
Company or any of its Subsidiaries does not file Tax Returns that the Company or such Subsidiary is
or may be subject to taxation in that jurisdiction.

          (d) Neither the Company nor any of its Subsidiaries is, nor has been at any time, a “United
States Real Property Holding Corporation” within the meaning of Section 897(c)(2) of the Code.

          (e) Neither the Company nor any of its Subsidiaries has constituted either a “distributing
corporation” or a “controlled corporation” in a distribution of stock intended to qualify for
tax-free treatment under Section 355 of the Code (A) in the two years prior to the date of this
Agreement or (B) in a distribution which could reasonably otherwise constitute part of a “plan” or
“series of related transactions” (within the meaning of Section 355(e) of the Code) in conjunction
with the transactions contemplated by this Agreement.

          (f) Neither the Company nor any of its Subsidiaries has participated, within the meaning of
Treas. Reg. § 1.6011-4(c), in (i) any “reportable transaction,” as set forth in Treas. Reg.
§ 1.6011-4(b), including any transaction that is the same as or substantially similar to one of the
types of transactions that the Internal Revenue Service has determined to be a tax avoidance
transaction and identified by notice, regulation or other form of published guidance as a “listed
transaction,” as set forth in Treas. Reg. § 1.6011-4(b)(2). The Company and each of its
Subsidiaries have disclosed on their Tax Returns all positions taken therein that could give rise
to a substantial understatement of Tax within the meaning of Section 6662 of the Code (or any
similar provision of state, local or foreign law).

          (g) None of the Company nor any of its Subsidiaries has (i) ever been a member of an
affiliated, consolidated, combined or unitary group filing for federal or state income Tax purposes
(other than a group the common parent of which was and is the Company), (ii) ever been a party to
or bound by any Tax sharing, indemnification or allocation agreement or arrangement, nor does the
Company or any of its Subsidiaries owe any amount under any such agreement and (iii) any liability
for the Taxes of any person under Treas. Reg. § 1.1502-6 (or any similar provision of state, local
or foreign law, including any arrangement for group or consortium relief or similar arrangement),
or as a transferee or successor, by Contract, or otherwise.

          (h) Section 4.16(h) of the Company Disclosure Letter lists all federal, state, local
and foreign income Tax Returns filed with respect to the Company or any of its Subsidiaries for the
three taxable years ending prior to the Closing Date, indicates those Tax Returns that are
currently the subject of audit and indicates those Tax Returns whose audits have been closed. The
Company has made available to Parent accurate and complete copies of all income Tax Returns filed
by the Company or any of its Subsidiaries during the past three years and all correspondence to the
Company or any of its Subsidiaries from, or from the Company or any of its Subsidiaries to, a
Taxing Authority relating thereto.

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          (i) The Company has not made an election under Treas. Reg. Section 301.7701-3 or filed an
election on IRS Form 8832 to change the default classification of any Subsidiary of the Company
organized outside the U.S.

          (j) None of the Company or any of its Subsidiaries will be required to include any item of
income in, or exclude any item of deduction from, taxable income for any taxable period (or portion
thereof) ending after the Closing Date as a result of any: (i) change in method of accounting for
a taxable period ending on or prior to the Closing Date, (ii) “closing agreement” as described in
Section 7121 of the Code (or any corresponding or similar provision of state, local or foreign
income Tax law) executed on or prior to the Closing Date, (iii) intercompany transactions or any
excess loss account described in Treasury Regulations under Section 1502 of the Code (or any
corresponding or similar provision of state, local or foreign income Tax law), (iv) installment
sale or open transaction disposition made on or prior to the Closing Date or (v) prepaid amount
received on or prior to the Closing Date.

          (k) None of the Company or any of its Subsidiaries has entered into any Contract or
arrangement with any Taxing Authority that requires the Company or any of its Subsidiaries to take
any action or to refrain from taking any action after the Closing Date. None of the Company or any
of its Subsidiaries is a party to any Contract with any Taxing Authority that would be terminated
or adversely affected as a result of the transactions contemplated by this Agreement.

          (l) The provision for Taxes set forth on the Company Balance Sheet included in the financial
statements has been made in accordance with GAAP. None of the Company or any of its Subsidiaries
has incurred any Liabilities for Taxes since the Company Balance Sheet Date (i) arising from
extraordinary gains or losses, as that term is used in GAAP, (ii) outside the ordinary course of
business, or (iii) inconsistent with past custom or practice.

          (m) No power of attorney that is currently in force has been granted with respect to any
matter relating to Taxes that could affect the Company or any of its Subsidiaries.

          (n) None of the Company or any of its Subsidiaries is a party to a gain recognition agreement
under Section 367 of the Code.

          (o) For purposes of this Section 4.16, references to the Company or any of its
Subsidiaries shall be deemed to include any Person from which the Company or any of its
Subsidiaries incurs any Liability for Taxes under Contract or any applicable legal requirement.

     4.17 Employment Matters

          (a) No Termination. To the Knowledge of the Company, as of the date of this
Agreement, no executive officer or other individual identified in Section 4.17(a) of the
Company Disclosure Letter has provided notice of termination of employment or expressed his or her
intention to terminate employment with the Company or any of its Subsidiaries.

          (b) Employee Claims. To the Knowledge of the Company, no Person has claimed in
writing that any employee of the Company or any of its Subsidiaries or other Person

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affiliated with the Company or any of its Subsidiaries: (i) is in violation of any term of any
employment Contract, patent disclosure agreement, noncompetition agreement or any restrictive
covenant with such Person; (ii) has disclosed or utilized any Trade Secret or proprietary
information or documentation of such Person; or (iii) has interfered in the employment relationship
between such Person and any of its present or former employees, in each case of clauses (i) through
(iii), in a manner that would be material to the Company and its Subsidiaries, taken as a whole.
To the Knowledge of the Company, no employee of the Company or any of its Subsidiaries or other
Person affiliated with the Company or any of its Subsidiaries has used or proposed to use any Trade
Secret, information or documentation proprietary to any former employer or violated any
confidential relationship with any Person in connection with the development, manufacture or sale
of any product or proposed product, or the development or sale of any service or proposed service,
of the Company or any of its Subsidiaries, in each case, in a manner that would be material to the
Company and its Subsidiaries, taken as a whole.

          (c) WARN Act. Neither the Company nor any of its Subsidiaries has had any plant
closings, mass layoffs or other terminations of employees, and neither the Company nor any of its
Subsidiaries has any outstanding Liabilities for the Company or any of its Subsidiaries under the
Worker Adjustment and Retraining Notification Act or similar laws. Neither the Company nor any of
its Subsidiaries is a party to any Contracts or arrangements or is subject to any requirement that
in any manner restrict the Company or any of its Subsidiaries from relocating, consolidating,
merging or closing, in whole or in part, any portion of the business of the Company or any of its
Subsidiaries, subject to applicable Law.

     4.18 Employee Plans

          (a) Section 4.18(a) of the Company Disclosure Letter sets forth a complete and
accurate list of each material Employee Plan. For purposes of this Agreement, “Employee Plan”
means each (i) “employee benefit plan” (as defined in Section 3(3) of ERISA), whether or not
subject to ERISA and (ii) other employment, bonus, stock option, stock purchase or other
equity-based, benefit, incentive compensation, profit sharing, savings, retirement (including early
retirement and supplemental retirement), disability, insurance, vacation, incentive, deferred
compensation, supplemental retirement (including termination indemnities and seniority payments),
severance, termination, retention, change of control and other similar fringe, welfare or other
employee benefit plan, program, agreement, contract, policy or binding arrangement (whether or not
in writing) maintained or contributed to for the benefit of or relating to any current or former
employee or director of the Company, any of its Subsidiaries or any other trade or business
(whether or not incorporated) which would be treated as a single employer with the Company or any
of its Subsidiaries under Section 414 of the Code (an “ERISA Affiliate”), or with respect
to which the Company or any of its Subsidiaries has any current material Liability. With respect
to each Employee Plan, other than an Employee Plan that is maintained in any non-U.S. jurisdiction
primarily for the benefit of persons substantially all of whom are non-resident aliens (the
“International Employee Plans”), to the extent applicable the Company has made available to
Parent complete and accurate copies of (A) the most recent annual report on Form 5500 required to
have been filed with the IRS for each Employee Plan, including all schedules thereto; (B) the most
recent determination letter, if any, from the IRS for any Employee Plan that
is intended to qualify under Section 401(a) of the Code; (C) the current plan documents and

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summary plan descriptions, or a written description of the terms of any material Employee Plan that
is not in writing; (D) any related trust agreements, insurance contracts, insurance policies or
other documents of any funding arrangements; and (E) any notices to or from the IRS or any office
or representative of the DOL or any similar Governmental Authority relating to any compliance
issues in respect of any such Employee Plan. With respect to each material International Employee
Plan, to the extent applicable, the Company has made available to Parent (x) the most recent annual
report or similar compliance documents required to be filed with any Governmental Authority with
respect to such plan (y) the plan documents or a written description of the terms of any
International Employee Plan that is not in writing and (z) any document comparable to the
determination letter reference under clause (B) of the prior sentence issued by a Governmental
Authority relating to the satisfaction of Law necessary to obtain the most favorable tax treatment.

          (b) Neither the Company nor any ERISA Affiliate or, to the Knowledge of the Company, any
employee or Representative of the Company or any ERISA Affiliate, has made any oral or written
representation or commitment with respect to any aspect of any material Employee Plan that is not
in accordance with the written or otherwise preexisting terms and provisions of such Employee Plan,
except as would not result in any Liability that is material to the Company and its Subsidiaries,
taken as a whole.

          (c) Neither the Company nor any ERISA Affiliate has ever sponsored or maintained (1) a
“defined benefit plan” (as defined in Section 414 of the Code), (2) a “multiemployer plan” (as
defined in Section 3(37) of ERISA), (3) a “multiple employer plan” (as defined in Section 4063 or
4064 of ERISA) (in each case under clause (1), (2) or (3) whether or not subject to ERISA) or (4)
an employee benefit plan subject to Section 302 of ERISA, Section 412 of the Code or Title IV of
ERISA.

          (d) Each Employee Plan has been maintained, operated and administered in all material respects
in compliance with its terms and with all applicable Law and Collective Bargaining Agreements,
including the applicable provisions of ERISA, the Code and any applicable regulatory guidance
issued by any Governmental Authority.

          (e) Except as would not be material to the Company and its Subsidiaries, taken as a whole,
each Employee Plan that is subject to Section 409A of the Code has been operated and administered
in compliance with Section 409A of the Code.

          (f) As of the date hereof, there are no Legal Proceedings pending or, to the Knowledge of the
Company, threatened on behalf of or against any Employee Plan, the assets of any trust under any
Employee Plan, or the plan sponsor, plan administrator or any fiduciary of any Employee Plan with
respect to such Employee Plan, other than routine claims for benefits that have been or are being
handled through an administrative claims procedure.

          (g) Except as would not have, individually or in the aggregate, a Material Adverse Effect,
none of the Company, any of its Subsidiaries, or, to the Knowledge of the Company, any of their
respective directors, officers, employees or agents has, with respect to any
Employee Plan, engaged in or been a party to any non-exempt “prohibited transaction,” as such

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term is defined in Section 4975 of the Code or Section 406 of ERISA, which could reasonably be
expected to result in the imposition of a penalty assessed pursuant to Section 502(i) of ERISA or a
tax imposed by Section 4975 of the Code, in each case applicable to the Company, any of its
Subsidiaries or any Employee Plan or for which the Company or any of its Subsidiaries has any
indemnification obligation.

          (h) No Employee Plan that is a “welfare benefit plan” within the meaning of Section 3(1) of
ERISA provides benefits to former employees of the Company or its ERISA Affiliates, other than
pursuant to Section 4980B of the Code or any similar Law.

          (i) Each Employee Plan that is intended to be “qualified” under Section 401 of the Code has
received a favorable determination letter from the IRS to such effect (or there remains sufficient
time for the Company to file an application for such determination letter from the IRS) and, to the
Knowledge of the Company, no fact, circumstance or event has occurred or exists since the date of
such determination letter that would reasonably be expected to materially and adversely affect the
qualified status of any such Employee Plan.

          (j) Except as would not have, individually or in the aggregate, a Company Material Adverse
Effect, (i) to the extent applicable, each material International Employee Plan required to be
registered has been registered and has been maintained in good standing with the applicable
Governmental Authorities, (ii) each material International Employee Plan is and has been operated
in compliance with applicable Law, and (iii) no International Employee Plan has material unfunded
Liabilities that, as of the Appointment Time, will not be offset by insurance or fully accrued.

          (k) Neither the execution or delivery of this Agreement nor the consummation of the
transactions contemplated by this Agreement (alone or in combination with any other event) will (A)
result in any payment or benefit becoming due or payable, or required to be provided, to any
director, employee or independent contractor of the Company or any of its Subsidiaries, (B)
increase the amount or value of any benefit or compensation otherwise payable or required to be
provided to any such director, employee or independent contractor, or (C) result in the
acceleration of the time of payment, vesting or funding of any such benefit or compensation.
Without limiting the generality of the foregoing, no amount paid or payable by the Company or any
Subsidiary of the Company in connection with the transactions contemplated hereby (either solely as
a result thereof or as a result of such transactions in conjunction with any other event) could be
an “excess parachute payment” within the meaning of Section 280G of the Code. No person is
entitled to receive any additional payment (including any tax gross-up or other payment) from the
Company or any of its Subsidiaries as a result of the imposition of the excise taxes required by
section 4999 of the Code or any taxes required by section 409A of the Code.

          (l) Except as would not be material to the Company and its Subsidiaries, taken as a whole, all
contributions, premiums and other payments required to be made with respect to any Employee Plan
have been timely made, accrued or reserved for.

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          (m) Except as would not be material to the Company and its Subsidiaries, taken as a whole, to
the Knowledge of the Company, no event has occurred and there currently exists no condition or set
of circumstances in connection with which the Company or any of its Subsidiaries could reasonably
be expected to be subject to any liability due to a violation of the terms of any Employee Plan,
ERISA, the Code or applicable regulatory guidance issued by any Governmental Authority, Collective
Bargaining Agreement or any other applicable Law. or

          (n) Except as required by applicable Law or this Agreement, no condition or term under any
relevant Employee Plan exists which would prevent Parent or the Surviving Corporation or any of its
Subsidiaries from terminating or amending any International Employee Plan without material
liability to Parent or the Surviving Corporation or any of its Subsidiaries (other than ordinary
administration expenses or routine claims for benefits).

          (o) Except as required by applicable Law or the terms of any Employee Plans as in effect on
the date hereof, neither the Company nor any of its Subsidiaries has any plan or commitment to
amend in any material respect or establish any new Employee Plan or to continue or materially
increase any benefits under any Employee Plan.

          (p) Except as would not be material to the Company and its Subsidiaries, taken as a whole, no
deduction for federal income tax purposes is expected by the Company to be disallowed for
remuneration paid by the Company or any of its Subsidiaries by reason of Section 162(m) of the
Code.

          (q) No Employee Plan is funded with or allows for payments, investments or distributions in
any employer security of the Company, including employer securities as defined in Section 407(d)(1)
of ERISA, or employer real property as defined in Section 407(d)(2) or ERISA.

          (r) No asset of the Company or any of its Subsidiaries is subject to any Lien under ERISA or
the Code.

     4.19 Labor Matters.

          (a) (i) Neither the Company nor any of its Subsidiaries is a party to any collective
bargaining agreement, labor union contract, or trade union agreement (each a “Collective
Bargaining Agreement”), (ii) to the Knowledge of the Company, there are no activities or
proceedings of any labor or trade union, works council or other representative body to organize any
employees of the Company or any of its Subsidiaries; (iii) no Collective Bargaining Agreement is
being negotiated by the Company or any of its Subsidiaries, and (iv) since January 1, 2009, there
has not been any strike, lockout, slowdown, work stoppage, grievance or other labor dispute against
the Company or any of its Subsidiaries nor is any strike, lockout, slowdown, or work stoppage,
grievance or other labor dispute pending or, to the knowledge of the Company, threatened that may
interfere with the respective business activities of the Company or any of its Subsidiary.

          (b) The Company and its Subsidiaries have complied with applicable Laws and Orders with
respect to employment (including applicable laws, rules and regulations

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regarding wage and hour
requirements, immigration status, discrimination in employment, employee health and safety, worker
classification and collective bargaining), except for such noncompliance that would not be material
to the Company and its Subsidiaries, taken as a whole.

          (c) Except as would not be material to the Company and its Subsidiaries, taken as a whole, the
Company and each of its Subsidiaries have withheld all amounts required by applicable Law to be
withheld from the wages, salaries, and other payments to employees, and are not, to the Knowledge
of the Company, liable for any arrears of wages or any taxes or any penalty for failure to comply
with any of the foregoing. Neither the Company nor any of its Subsidiaries is liable for any
material payment to any trust or other fund or to any Governmental Authority, with respect to
unemployment compensation benefits, social security or other benefits for employees (other than
routine payments to be made in the ordinary course of business consistent with past practice).

          (d) Except as would not be material to the Company and its Subsidiaries, taken as a whole:

               (i) No current or former independent contractor of the Company or any of its Subsidiaries
could be deemed to be a misclassified employee;

               (ii) No independent contractor is eligible to participate in any Employee Plan; and

               (iii) Neither the Company nor any of its Subsidiaries has ever had any temporary or leased
employees that were not treated and accounted for in all respects as employees of such Company or
Subsidiary.

     4.20 Permits. The Company and its Subsidiaries have all material permits, certificates,
licenses, consents, approvals, franchises or other similar authorizations from Governmental
Authorities affecting, or relating to, the Assets or required to conduct their businesses
(“Permits”), and except as would not have, individually or in the aggregate, a Company
Material Adverse Effect, (a) all such Permits are valid and in full force and effect, (b) neither
the Company nor any of its Subsidiaries is in default under, and no condition exists that with
notice or lapse of time or both would constitute a default under, such Permits, (c) none of such
Permits will be terminated or impaired or become terminable, in whole or in part, as a result of
the transactions contemplated hereby and (d) no suspension or cancellation of any Permits, in whole
or in part, is pending or, to the Knowledge of the Company, threatened.

     4.21 Compliance with Laws.

          (a) The Company and each of its Subsidiaries is in compliance in all material
respects with all Law and Orders applicable to the Company and its Subsidiaries. To the
Knowledge of the Company, neither the Company nor any of its Subsidiaries are under investigation
with respect to any material violation of any applicable Laws. To the Knowledge of the Company,
since November 15, 2007, no Laws have been proposed or enacted that would reasonably be expected to
require a material modification in the manner in which the business of

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the Company and it
Subsidiaries is conducted, either before or after the Closing Date. No representation or warranty
is made in this Section 4.21 with respect to (a) compliance with the Exchange Act, to the
extent such compliance is covered in Section 4.8 and Section 4.9, (b) applicable
laws with respect to Taxes, which are covered in Section 4.16, (c) ERISA and other employee
benefit-related matters, which are covered in Section 4.18, (d) labor law matters, which
are covered by Section 4.19, or (e) Environmental Laws, which are covered in Section
4.22.

          (b) To the Knowledge of the Company, neither the Company nor any of its Subsidiaries has: (i)
used any of its funds for unlawful contributions, loans, donations, gifts, entertainment or other
unlawful expenses relating to political activity; (ii) made or agreed to make any unlawful payment
to foreign or domestic government officials or employees or to foreign or domestic political
parties or campaigns; (iii) taken any action that would constitute a violation of any provision of
the Foreign Corrupt Practices Act of 1977, as amended, or any rules or regulations hereunder, or
any comparable foreign law or statute; or (iv) made or agreed to make any other unlawful payment.

     4.22 Environmental Matters. Except for such matters as would not have, individually or in
the aggregate, a Company Material Adverse Effect:

          (a) The Company and its Subsidiaries are, and since March 31, 2008 have been, in material
compliance with all applicable Environmental Laws, which compliance includes the possession and
maintenance of, and compliance with, all Permits required under applicable Environmental Laws for
the operation of the business of the Company and its Subsidiaries as presently conducted.

          (b) Neither the Company nor any of its Subsidiaries has transported, produced, processed,
manufactured, generated, used, treated, handled, stored, released or disposed of any Hazardous
Substances, except in material compliance with applicable Environmental Laws, at any property that
the Company or any of its Subsidiaries has at any time owned, operated, occupied or leased.

          (c) Neither the Company nor any of its Subsidiaries has exposed any employee or any third
party to Hazardous Substances in material violation of any Environmental Law.

          (d) As of the date of this Agreement, neither the Company nor any of its Subsidiaries is a
party to or is the subject of any pending, or to the Knowledge of the Company threatened Legal
Proceeding alleging any material Liability or responsibility under or material noncompliance with
any Environmental Law or seeking to impose any material financial
responsibility for any investigation, cleanup, removal, containment or any other remediation
or compliance under any Environmental Law. Neither the Company nor any of its Subsidiaries is
subject to any Order or agreement by or with any Governmental Authority or third party imposing any
material liability or obligation with respect to any of the foregoing.

     4.23 Litigation. As of the date hereof, there is no Legal Proceeding pending or, to the
Knowledge of the Company, threatened against the Company, any of its Subsidiaries or any of

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the Assets that would reasonably be expected to be material to the Company and its Subsidiaries, taken
as a whole. As of the date hereof, none of the Company, any of its Subsidiaries or any of the
Assets is subject to any settlement agreement or Order that would reasonably be expected to be
material to the Company and its Subsidiaries, taken as a whole.

     4.24 Insurance. The Company and its Subsidiaries have all material policies of insurance
(including fidelity bonds and other similar instruments) relating to the Company, its Subsidiaries
or any of their respective employees or directors, properties or assets, including policies of
life, property, fire, workers’ compensation, products liability, directors’ and officers’ liability
and other casualty and liability insurance, that is in a form and amount that is customarily
carried by persons conducting business similar to that of the Company and which the Company
believes is adequate for the operation of its business. The Company has made available to Parent
complete copies of, all material policies of insurance relating to the Company, its Subsidiaries or
any of their respective employees or directors or Assets (including fidelity bonds and other
similar instruments). All such insurance policies are in full force and effect, no notice of
cancellation has been received, and there is no existing default or event which, with the giving of
notice or lapse of time or both, would constitute a default, by any insured thereunder. There is
no material claim pending under any of such insurance policies as to which coverage has been
questioned, denied or disputed by the underwriters of such insurance policies or in respect of
which such underwriters have reserved their rights and there has been no threatened termination of
or material premium increase with respect to, or material alteration of coverage under, any such
insurance policies.

     4.25 Related Party Transactions. Except for indemnification, compensation, and employment
arrangements between the Company or any of its Subsidiaries, on the one hand, and any director or
officer thereof, on the other hand, there are no transactions, agreements, arrangements or
understandings between the Company or any of its Subsidiaries, on the one hand, and any Affiliate
(including any director or officer) thereof, but not including any wholly-owned Subsidiary of the
Company, on the other hand, that would be required to be disclosed pursuant to Item 404 of
Regulation S-K under the Securities Act in the Company’s Form 10-K or proxy statement pertaining to
an annual meeting of stockholders.

     4.26 Brokers. Except for Qatalyst Partners LP, whose fees and expenses will be paid by the Company, there
is no financial advisor, investment banker, broker, finder, agent or other Person that has been
retained by or is authorized to act on behalf of the Company or any of its Subsidiaries who is
entitled to any financial advisor’s, investment banking, brokerage, finder’s or other fee or
commission in connection with the transactions contemplated by this Agreement.

     4.27 Opinion of Financial Advisor. The Company Board has received the opinion of Qatalyst
Partners LP, financial advisor to the Company, to the effect that, as of the date of such opinion,
and subject to and based upon the various qualifications and assumptions set forth therein, the
consideration to be received by the holders of shares of Company Common Stock (other than Parent,
any affiliate of Parent or affiliates of the Company who have executed the Tender and Voting
Agreement) pursuant to this Agreement is fair, from a financial point of view, to such holders. A
copy of such opinion shall be delivered to Parent as promptly as practicable following the
execution of this Agreement. Such opinion has not been withdrawn or revoked or

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otherwise modified
in any material respect on or prior to the date hereof.

     4.28 State Anti-Takeover Statutes. Assuming that the representations of Parent and
Acquisition Sub set forth in Section 5.7 are accurate, the Company Board has taken all
necessary actions so that the restrictions on business combinations set forth in Section 203 of the
DGCL and any other similar applicable Law are not applicable to this Agreement, the Tender and
Voting Agreement and the other transactions contemplated hereby. No other takeover statute or
similar statute or regulation applies to or purports to apply to the Merger or the other
transactions contemplated hereby.

     4.29 Schedule TO; Schedule 14D-9 and Proxy Statement.

          (a) Any information provided in writing by or on behalf of the Company or any of its
directors, officers, employees, affiliates, agents or other representatives for inclusion or
incorporation by reference in the Schedule TO or the Offer Documents shall not contain any untrue
statement of a material fact or omit to state any material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading.

          (b) The Schedule 14D-9 will, when filed with the SEC, comply as to form in all material
respects with the applicable requirements of the Exchange Act and all other applicable Laws. The
Schedule 14D-9, when filed with the SEC and on the date first disseminated to the Company
Stockholders, shall not contain any untrue statement of a material fact or omit to state any
material fact necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading; provided, however, that no representation or warranty
is made by the Company with respect to information supplied by or on behalf of Parent or
Acquisition Sub or any of its directors, officers, employees, affiliates, agents or other
representatives for inclusion or incorporation by reference in the Schedule 14D-9.

          (c) The proxy statement, letter to stockholders, notice of meeting and form of proxy
accompanying the proxy statement that will be provided to the Company Stockholders in connection
with the solicitation of proxies for use at the Company Stockholder Meeting (collectively, as
amended or supplemented, the “Proxy Statement”) will, when filed with the SEC, comply as to
form in all material respects with the applicable requirements of the Exchange Act and all other
applicable Laws. The Proxy Statement will not contain any statement which, at the time the Proxy
Statement is filed with the SEC, at the time the Proxy Statement is first sent to the Company
Stockholders or at the time of the Company Stockholder Meeting, and in the light of the
circumstances under which it is made, is false or misleading with respect to any material fact, or
which omits to state any material fact necessary in order to make the statements therein not false
or misleading or necessary to correct any statement in any earlier communication with respect to
the solicitation of a proxy for the same meeting or subject matter which has become false or
misleading; provided, however, that no representation or warranty is made by the Company with
respect to information supplied by Parent or Acquisition Sub or any of their directors, officers,
employees, affiliates, agents or other representatives for inclusion or incorporation by reference
in the Proxy Statement.

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ARTICLE V

REPRESENTATIONS AND WARRANTIES OF

PARENT AND ACQUISITION SUB

     Parent and Acquisition Sub hereby represent and warrant to the Company as follows:

     5.1 Organization; Good Standing. Each of Parent and Acquisition Sub is a corporation duly
organized, validly existing and in good standing under Delaware Law.

     5.2 Corporate Power; Enforceability. Each of Parent and Acquisition Sub has all requisite
corporate power and authority to execute and deliver this Agreement, to perform their respective
covenants and obligations hereunder and to consummate the transactions contemplated hereby. The
execution and delivery by Parent and Acquisition Sub of this Agreement, the performance by Parent
and Acquisition Sub of their respective covenants and obligations hereunder and the consummation by
Parent and Acquisition Sub of the transactions contemplated hereby have been duly authorized by all
necessary corporate or other action on the part of Parent and Acquisition Sub, and no other
corporate or other proceeding on the part of Parent or Acquisition Sub is necessary to authorize
the execution and delivery by Parent and Acquisition Sub of this Agreement, the performance by
Parent and Acquisition Sub of their respective covenants and obligations hereunder or the
consummation by Parent and Acquisition Sub of the transactions contemplated hereby. This Agreement
has been duly executed and delivered by each of Parent and Acquisition Sub and, assuming the due
authorization, execution and delivery by the Company, constitutes a legal, valid and binding
obligation of each of Parent and Acquisition Sub, enforceable against each in accordance with its
terms, except that such enforceability (a) may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium and other similar laws affecting or relating
to creditors’ rights generally, and (b) is subject to general principles of equity.

     5.3 Non-Contravention. The execution and delivery by Parent and Acquisition Sub of this
Agreement, the performance by Parent and Acquisition Sub of their respective covenants and
obligations hereunder and the consummation by Parent and Acquisition Sub of the transactions
contemplated hereby do not and will not (a) violate or conflict with any provision of the
certificates of incorporation or bylaws of Parent or Acquisition Sub, (b) violate, conflict with,
or result in the breach of or constitute a default (or an event which with notice or lapse of time
or both would become a default) under, or result in the termination of, or accelerate the
performance required by, or result in a right of termination or acceleration under, any of the
terms, conditions or provisions of any material note, bond, mortgage, indenture, lease, license,
contract, agreement or other instrument or obligation to which Parent or Acquisition Sub is a party
or by which Parent, Acquisition Sub or any of their properties or assets may be bound, (c) assuming
the Consents referred to in Section 4.4 are obtained or made, violate or conflict with any
Law or Order applicable to Parent or Acquisition Sub or by which any of their properties or assets
are bound or (d) result in the creation of any Lien (other than Permitted Liens) upon any of the
properties or assets of Parent or Acquisition Sub, except in the case of each of clauses (b), (c)
and (d) above, for such violations, conflicts, defaults, terminations, accelerations or Liens which
would not, individually or in the aggregate, prevent or materially delay the consummation by Parent
and Acquisition Sub of the transactions contemplated hereby or the performance by Parent

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and Acquisition Sub of their respective covenants and obligations hereunder.

     5.4 Required Governmental Approvals. No Consent of any Governmental Authority is required
on the part of Parent, Acquisition Sub or any of their Affiliates in connection with the execution
and delivery by Parent and Acquisition Sub of this Agreement, the performance by Parent and
Acquisition Sub of their respective covenants and obligations hereunder and the consummation by
Parent and Acquisition Sub of the transactions contemplated hereby, except (a) the filing and
recordation of the Certificate of Merger with the Delaware Secretary of State and such filings with
Governmental Authorities to satisfy the applicable laws of states in which the Company and its
Subsidiaries are qualified to do business, (b) such filings and approvals as may be required by any
federal or state securities laws, including compliance with any applicable requirements of the
Exchange Act, and (c) Consents required under, and compliance with any other applicable
requirements of the HSR Act and any applicable foreign Antitrust Laws.

     5.5 Litigation. There are no Legal Proceedings pending or, to the knowledge of Parent or
any of its Affiliates, threatened against or affecting Parent or Acquisition Sub or any of their
respective properties that would, individually or in the aggregate, prevent or materially delay the
consummation by Parent and Acquisition Sub of the transactions contemplated hereby or the
performance by Parent and Acquisition Sub of their respective covenants and obligations hereunder.
Neither Parent nor Acquisition Sub is subject to any outstanding Order that would,
individually or in the aggregate, prevent or materially delay the consummation by Parent and
Acquisition Sub of the transactions contemplated hereby or the performance by Parent and
Acquisition Sub of their respective covenants and obligations hereunder.

     5.6 Schedule TO; Schedule 14D-9 and Proxy Statement.

          (a) The Schedule TO and the Offer Documents will, when filed with the SEC, comply as to form
in all material respects with the applicable requirements of the Exchange Act and all other
applicable Laws. The Schedule TO and the Offer Documents, when filed with the SEC and on the date
first published, sent or given to the Company Stockholders, shall not contain any untrue statement
of a material fact or omit to state any material fact necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading; provided,
however, that no representation or warranty is made by Parent or Acquisition Sub with respect to
information supplied by the Company or any of its directors, officers, employees, affiliates,
agents or other representatives for inclusion or incorporation by reference in the Schedule TO or
the Offer Documents.

          (b) Any information provided in writing by Parent or Acquisition Sub or any of their
directors, officers, employees, affiliates, agents or other representatives for inclusion or
incorporation by reference in the Schedule 14D-9 shall not contain any untrue statement of a
material fact or omit to state any material fact necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not misleading.

          (c) The information supplied by Parent, Acquisition Sub or any of their directors, officers,
employees, affiliates, agents or other representatives for inclusion or incorporation by reference
in the Proxy Statement will not contain any statement which, at the

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time the Proxy Statement is
filed with the SEC, at the time the Proxy Statement is first sent to the Company Stockholders or at
the time of the Company Stockholder Meeting, and in the light of the circumstances under which it
is made, is false or misleading with respect to any material fact, or which omits to state any
material fact necessary in order to make the statements therein not false or misleading or
necessary to correct any statement in any earlier communication with respect to the solicitation of
a proxy for the same meeting or subject matter which has become false or misleading.

     5.7 Ownership of Company Capital Stock. Neither Parent nor Acquisition Sub is, nor at any
time during the last three (3) years has it been, an “interested stockholder” of the Company as
defined in Section 203 of the DGCL (other than as contemplated by this Agreement).

     5.8 Brokers. Except for Credit Suisse Securities (USA) LLC, the fees and expenses of
which will be paid by Parent, no agent, broker, finder or investment banker is entitled to any
brokerage, finder’s or other fee or commission payable by the Company in connection with the
transactions
contemplated by this Agreement based upon arrangements made by or on behalf of Parent or
Acquisition Sub.

     5.9 Operations of Acquisition Sub. Acquisition Sub has been formed solely for the purpose
of engaging in the transactions contemplated hereby and, prior to the Effective Time, Acquisition
Sub will not have engaged in any other business activities and will have incurred no material
liabilities or obligations other than as contemplated by this Agreement.

     5.10 Funds. Parent and Acquisition Sub will have as of the Appointment Time and the
Effective Time, sufficient cash available, directly or through one or more Affiliates, to pay all
amounts to be paid by Parent and Acquisition Sub in connection with this Agreement, including the
payment of the aggregate Offer Price and Merger Consideration and the consideration in respect of
the Company Stock-Based Awards and Company Options. Parent’s and Acquisition Sub’s obligations
hereunder are not subject to a condition regarding Parent’s or Acquisition Sub’s obtaining of funds
to consummate the transactions contemplated by this Agreement.

ARTICLE VI

COVENANTS OF THE COMPANY

     6.1 Interim Conduct of Business.

          (a) Except (i) as contemplated by this Agreement or (ii) as set forth in Section
6.1(a) of the Company Disclosure Letter, at all times during the period commencing with the
execution and delivery of this Agreement and continuing until the earlier to occur of the
termination of this Agreement pursuant to Article X and the Effective Time, unless Parent
otherwise provides its prior written consent (which consent shall not be unreasonably withheld,
conditioned or delayed), the Company shall and shall cause its Subsidiaries to (A) carry on its
business and conduct its operations in the usual, regular and ordinary course in substantially the
same manner as heretofore conducted, and (B) use its commercially reasonable efforts, consistent
with past practices and policies, to (I) keep available the services of the current officers, key
employees and consultants of the Company and each of its Subsidiaries, (II) preserve the current

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relationships of the Company and each of its Subsidiaries with customers, suppliers and other
Persons whom the Company or any of its Subsidiaries has significant business relations, (III)
maintain all of its material operating assets in their current condition (normal wear and tear
excepted) and (IV) maintain and preserve its business organization and its material rights and
franchises.

          (b) Except (i) as contemplated or permitted by this Agreement or (ii) as set forth in
Section 6.1(b) of the Company Disclosure Letter, at all times during the period commencing
with the execution and delivery of this Agreement and continuing until the earlier
to occur of the termination of this Agreement pursuant to Article X and the Effective
Time, unless Parent otherwise provides its prior written consent (which consent shall not be
unreasonably withheld, conditioned or delayed), the Company shall not do any of the following and
shall not permit any of its Subsidiaries to do any of the following:

               (i) amend its certificate of incorporation or bylaws or comparable organizational documents or
create any new Subsidiaries;

               (ii) issue, sell, deliver or agree or commit to issue, sell or deliver (whether through the
issuance or granting of options, warrants, commitments, subscriptions, rights to purchase or
otherwise) any Company Securities or any Subsidiary Securities, except for (A) the issuance,
delivery and sale of shares of Company Common Stock pursuant to Company Options, Company RSUs or
Company Restricted Stock Awards which are outstanding as of the date hereof upon the exercise or
vesting thereof, as applicable, or pursuant to the Company ESPP in compliance with this Agreement
or (B) grants to newly hired employees or directors of (x) Company RSUs and (y) Company Options, in
each case, issued in the ordinary course of business consistent with past practice, in accordance
with the limitations specified on Section 6.1(b) of the Company Disclosure Letter and with
respect to Company Options, with a per share exercise price that is no less than the then-current
market price of a share of Company Common Stock;

               (iii) directly or indirectly acquire, repurchase or redeem any Company Securities or
Subsidiary Securities, except in connection with (A) Company RSUs in the ordinary course of
business, (B) dissolution or reorganization of a wholly owned Subsidiary of the Company in the
ordinary course of business consistent with past practice, (C) Tax withholdings and exercise price
settlements upon the exercise of Company Options or vesting of Company RSUs or Company Restricted
Stock Awards or (D) the forfeiture to or repurchase by the Company of Company Common Stock in
connection with the termination of service of a holder of a Company Restricted Stock Award;

               (iv) (A) split, combine, subdivide or reclassify any shares of capital stock, or (B) declare,
set aside or pay any dividend or other distribution (whether in cash, shares or property or any
combination thereof) in respect of any shares of capital stock, or make any other actual,
constructive or deemed distribution in respect of the shares of capital stock, except for cash
dividends made by any direct or indirect wholly-owned Subsidiary of the Company to the Company or
one of its wholly-owned Subsidiaries;

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               (v) propose or adopt a plan of complete or partial liquidation, dissolution, merger,
consolidation, restructuring, recapitalization or other reorganization of the Company or any of its
Subsidiaries, except for the transactions contemplated by this Agreement;

               (vi) (A) redeem, repurchase, prepay, defease, cancel, incur, create, assume or otherwise
acquire or modify in any material respect any long-term or short-term debt for borrowed monies or
issue or sell any debt securities or calls, options, warrants or other rights to acquire any debt
securities of the Company or any of its Subsidiaries or enter into any agreement having the
economic effect of any of the foregoing, except for (1) debt incurred in the
ordinary course of business under letters of credit, lines of credit or other credit
facilities or arrangements in effect on the date hereof, and (2) loans or advances between the
Company and any direct or indirect Subsidiaries, or between any direct or indirect Subsidiaries of
the Company, (B) assume, guarantee, endorse or otherwise become liable or responsible (whether
directly, contingently or otherwise) for the obligations of any other Person, except with respect
to obligations of direct or indirect wholly-owned Subsidiaries of the Company, (C) make any loans,
advances or capital contributions to or investments in any other Person (other than the Company or
any direct or indirect wholly-owned Subsidiaries), except for travel advances and business expenses
in the ordinary course of business consistent with past practice to employees of the Company or any
of its Subsidiaries, or (D) mortgage or pledge any of the Assets, or create or suffer to exist any
Lien thereupon (other than Permitted Liens), except pursuant to the terms of any letters of credit,
lines of credit or other credit facilities or arrangements in effect on the date hereof;

               (vii) except as may be required by applicable Law or the terms of any Employee Plan as in
effect on the date hereof or as contemplated by this Agreement, (A) enter into, adopt, amend
(including acceleration of vesting), modify or terminate any bonus, profit sharing, incentive,
compensation, severance, retention, termination, option, appreciation right, performance unit,
stock equivalent, share purchase agreement, pension, retirement, deferred compensation, employment,
severance, change in control, pension, retirement, collective bargaining or other employee benefit
agreement, trust, plan, fund or other arrangement for the compensation, benefit or welfare of any
director, officer or employee in any manner, (B) increase the compensation payable or to become
payable of any director, officer or employee, pay or agree to pay any special bonus or special
remuneration to any director, officer or employee, or pay or agree to pay any benefit not required
by any plan or arrangement as in effect as of the date hereof, except in the ordinary course of
business consistent with past practice with respect to any employee who is not a director or
executive officer, except in any such case (1) in connection with the hiring of new employees who
are not directors or executive officers in the ordinary course of business consistent with past
practice, and (2) in connection with the promotion of employees who are not directors or executive
officers (and who will not be directors or executive officers after such promotion) in the ordinary
course of business consistent with past practice, (C) grant or pay any severance or termination pay
to (or amend any such existing arrangement with) any current or former director, officer, employee
or independent contractor of the Company or any of its Subsidiaries, except in the ordinary course
of business consistent with past practice with respect to any independent contractor or employee
who is not a director or executive officer or (D) increase benefits payable under any existing
severance or termination pay policies or employment agreements.

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               (viii) settle any pending or threatened Legal Proceeding, except for the settlement of any
Legal Proceeding (A) for solely money damages not in excess of $250,000.00 individually or
$500,000.00 in the aggregate and (B) as would not be reasonably likely to have any adverse impact
on any other Legal Proceedings;

               (ix) except as may be required as a result of a change in applicable Law or in GAAP, make any
material change in any of the accounting methods, principles or practices used by it or change an
annual accounting period;

               (x) (A) make or change any material Tax election, (B) settle or compromise any material
federal, state, local or foreign income Tax liability, (C) consent to any extension or waiver of
any limitation period with respect to any claim or assessment for material Taxes, (D) change any
annual Tax accounting period or method of Tax accounting, (E) file any materially amended Tax
Return, (F) enter into any closing agreement with respect to any Tax or (G) surrender any right to
claim a material Tax refund;

               (xi) other than in the ordinary course of business consistent with past practice, (A) acquire
(by merger, consolidation or acquisition of stock or assets) any other Person or any material
equity interest therein or (B) dispose of any properties or assets of the Company or its
Subsidiaries, which are material to the Company and its Subsidiaries, taken as a whole; or

               (xii) make any capital expenditures other than capital expenditures provided for in the
capital budget provided to Parent prior to the date of this Agreement and set forth on Section
6.1(b)(xii) of the Company Disclosure Letter;

               (xiii) make any changes or modifications to any investment or risk management policy or other
similar policies (including with respect to hedging) or any cash management policy;

               (xiv) permit any insurance policy naming the Company or any of its Subsidiaries as a
beneficiary or a loss payable payee to lapse, be canceled or expire unless a new policy with
substantially identical coverage is in effect as of the date of lapse, cancellation or expiration;

               (xv) other than in the ordinary course of business, enter into, amend in any material respect,
terminate or fail to renew any Material Contract, or any other Contract that would have been a
Material Contract had it not been amended, terminated or non-renewed prior to the date of this
Agreement; or

               (xvi) enter into a Contract to or otherwise authorize, commit, resolve, propose or agree to
take any of the actions prohibited by this Section 6.1(b).

Notwithstanding the foregoing, nothing in this Agreement is intended to give Parent, directly or
indirectly, the right to control or direct the business or operations of the Company or its
Subsidiaries at any time prior to the Appointment Time.

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     6.2 No Solicitation.

          (a) The Company and its Subsidiaries shall immediately cease any and all existing activities,
discussions or negotiations with any Persons conducted heretofore with respect to any Acquisition
Proposal.

          (b) Subject to Section 6.2(c), at all times during the period commencing with the
execution and delivery of this Agreement and continuing until the earlier to occur of the
termination of this Agreement pursuant to Article X and the Effective Time, the
Company and its Subsidiaries shall not, nor shall they authorize or knowingly permit any of their
respective directors, officers or other employees, controlled affiliates, or any investment banker,
attorney or other agent or representative (collectively, “Representatives”) to, directly or
indirectly, (i) solicit, initiate or induce the making, submission or announcement of, or knowingly
encourage, facilitate or assist, an Acquisition Proposal, (ii) furnish to any Person (other than
Parent, Acquisition Sub or any designees of Parent or Acquisition Sub) any non-public information
relating to the Company or any of its Subsidiaries, or afford to any Person (other than Parent,
Acquisition Sub or any designees of Parent or Acquisition Sub) access to the business, properties,
assets, books, records or other information, or to any personnel, of the Company or any of its
Subsidiaries, in any such case that would reasonably be expected to induce the making, submission
or announcement of, or encourage, facilitate or assist, an Acquisition Proposal or any inquiries or
the making of any proposal that would reasonably be expected to lead to an Acquisition Proposal,
(iii) participate or engage in discussions or negotiations with any Person with respect to an
Acquisition Proposal, (iv) approve, endorse or recommend an Acquisition Proposal, (v) enter into
any letter of intent, memorandum of understanding or other Contract contemplating or otherwise
relating to an Acquisition Transaction, or (vi) resolve or agree to do any of the foregoing.

          (c) Notwithstanding anything to the contrary set forth in this Section 6.2 or
elsewhere in this Agreement, prior to the Appointment Time, the Company Board may, directly or
indirectly through the Company’s Representatives, (i) participate or engage in discussions or
negotiations with any Person that has made a bona fide, written and unsolicited Acquisition
Proposal that the Company Board determines in good faith (after consultation with its financial
advisor and outside legal counsel) either constitutes or is reasonably likely to lead to a Superior
Proposal, and/or (ii) furnish to any Person that has made a bona fide, written and unsolicited
Acquisition Proposal that the Company Board determines in good faith (after consultation with its
financial advisor and outside legal counsel) either constitutes or is reasonably likely to lead to
a Superior Proposal any non-public information relating to the Company and access to the business,
properties, assets, books, records or other non-public information, or to any personnel, of the
Company or any of its Subsidiaries, in each case under this clause (ii) pursuant to a
confidentiality agreement, the terms of which are no less favorable to the Company than those
contained in the Confidentiality Agreement (it being understood and agreed that such
confidentiality agreement need not contain a “standstill” or other similar provision that prohibits
such third party from making any proposal to acquire the Company, acquire securities of the
Company, nominate for election members of the Company Board or take any other action); provided
however, that in the case of any action taken pursuant to the preceding clauses (i) or (ii), (A)
the Company Board determines in good faith (after consultation with outside legal counsel) that the
failure to take such action would reasonably be expected to be a breach of its fiduciary duties to
the Company Stockholders under applicable Delaware Law, (B) the Company gives

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Parent not less than
24 hours prior written notice of the identity of such Person and the material terms of such
Acquisition Proposal (unless such Acquisition Proposal is in written form, in which case the
Company shall give Parent a copy thereof) and of the Company’s intention to participate or engage
in discussions or negotiations with, or furnish non-public information to, such Person, and (C)
contemporaneously with furnishing any non-public information to such
Person, the Company furnishes such non-public information to Parent to the extent such
information has not been previously furnished by the Company to Parent. The Company shall provide
Parent with a correct and complete copy of any confidentiality agreement entered into pursuant to
this paragraph within 24 hours of the execution thereof. The Company shall not terminate, waive,
amend, release or modify any material provision of any confidentiality agreement to which it or any
of its Subsidiaries is a party with respect to any Acquisition Proposal, and shall enforce the
material provisions of any such agreement and shall provide Parent with copies of any additional
written documentation delivered to the Company or any of its Subsidiaries or its or its
Subsidiaries’ Representatives in connection therewith.

          (d) Without limiting the generality of the foregoing, Parent, Acquisition Sub and the Company
acknowledge and hereby agree that any violation of the restrictions set forth in this Section
6.2 by any directors or officers of the Company shall be deemed to be a breach of this
Section 6.2 by the Company.

          (e) In addition to the obligations of the Company set forth in Section 6.2(b), the
Company shall promptly (and in any event within 24 hours following receipt) notify Parent orally
and in writing if the Company or any of its Subsidiaries or any of its or its Subsidiaries’
Representatives receives (i) any Acquisition Proposal, (ii) any request for information that would
reasonably be expected to lead to an Acquisition Proposal, or (iii) any inquiry with respect to, or
which would reasonably be expected to lead to, any Acquisition Proposal, such notice to include the
terms and conditions of such Acquisition Proposal, request or inquiry (including a copy, if made in
writing, or a written summary, if made orally), and the identity of the Person or group making any
such Acquisition Proposal, request or inquiry. The Company shall keep Parent informed on a current
basis of the status and terms of any such Acquisition Proposal, request or inquiry, and any
material developments related thereto.

     6.3 Company Board Recommendation.

          (a) Subject to the terms of Section 6.3(b) and Section 6.3(c), the Company
Board shall recommend that the holders of Company Shares accept the Offer, tender their Company
Shares to Acquisition Sub pursuant to the Offer and, if required by the applicable provisions of
Delaware Law, adopt this Agreement (the “Company Board Recommendation”).

          (b) Neither the Company Board nor any committee thereof shall (i) fail to make the Company
Board Recommendation to the holders of the Company Shares, (ii) withhold, withdraw, amend or modify
in a manner adverse to Parent, or publicly propose to withhold, withdraw, amend or modify in a
manner adverse to Parent, the Company Board Recommendation, (iii) adopt, approve, recommend,
endorse or otherwise declare advisable the adoption of any Acquisition Proposal (it being
understood that, only with respect to a tender offer or exchange offer, taking a neutral position
or no position (other than in a communication made

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in compliance with Rule 14d-9(f) promulgated
under the Exchange Act) with respect to any Acquisition Proposal shall be considered a breach of
this clause (iii)), or (iv) resolve, agree or publicly propose to take any such actions (each such
foregoing action or failure to act in clauses
(i) through (iv) being referred to herein as an “Company Board Recommendation
Change”). Notwithstanding the foregoing or anything to the contrary set forth in this
Agreement, if, at any time prior to the Appointment Time, the Company Board receives a Superior
Proposal or there occurs an Intervening Event, the Company Board may effect a Company Board
Recommendation Change provided that (i) the Company Board determines in good faith (after
consultation with outside legal counsel) that the failure to effect a Company Board Recommendation
Change would reasonably be expected to be a breach of its fiduciary duties to the Company
Stockholders under applicable Delaware Law, and in the case of a Superior Proposal, the Company
Board approves or recommends such Superior Proposal; (ii) the Company has notified Parent in
writing that it intends to effect a Company Board Recommendation Change, describing in reasonable
detail the reasons, including the material terms and conditions of any such Superior Proposal and a
copy of the final form of any related agreements or a description in reasonable detail of such
Intervening Event, as the case may be, for such Company Board Recommendation Change (a
“Recommendation Change Notice”) (it being understood that the Recommendation Change Notice
shall not constitute a Company Board Recommendation Change for purposes of this Agreement); (iii)
if requested by Parent, the Company shall have made its Representatives available to discuss and
negotiate in good faith with Parent’s Representatives any proposed modifications to the terms and
conditions of this Agreement during the three (3) Business Day period following delivery by the
Company to Parent of such Recommendation Change Notice; and (iv) if Parent shall have delivered to
the Company a written proposal capable of being accepted by the Company to alter the terms or
conditions of this Agreement during such three (3) Business Day period, the Company Board shall
have determined in good faith (after consultation with outside legal counsel), after considering
the terms of such proposal by Parent, that a Company Board Recommendation Change is still necessary
in light of such Superior Proposal or Intervening Event in order to comply with its fiduciary
duties to the Company Stockholders under applicable Delaware Law. Any material amendment or
modification to any Superior Proposal will be deemed to be a new Superior Proposal for purposes of
this Section 6.3. The Company shall keep confidential any proposals made by Parent to
revise the terms of this Agreement, other than in the event of any amendment to this Agreement and
to the extent required to be disclosed in any Company SEC Reports.

          (c) Nothing in this Agreement shall prohibit the Company Board from (i) taking and disclosing
to the Company Stockholders a position contemplated by Rule 14e-2(a) under the Exchange Act or
complying with the provisions of Rule 14d-9 promulgated under the Exchange Act, and (ii) making any
disclosure to the Company Stockholders that the Company Board determines in good faith (after
consultation with its outside legal counsel) that the failure to make such disclosure would
reasonably be expected to be a breach of its fiduciary duties to the Company Stockholders under
applicable Delaware Law; provided, however, that in no event shall this Section 6.3(c)
affect the obligations of the Company set forth in Sections 6.2 and 6.3; and
provided, further, that any such disclosure will be deemed to be a Company Board Recommendation
Change unless the Board of Directors publicly reaffirms the Company Board Recommendation within
five Business Days of such disclosure.

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     6.4 Access. At all times during the period commencing with the execution and delivery of
this Agreement and continuing until the earlier to occur of the termination of this Agreement
pursuant to Article X and the Appointment Time, the Company shall afford Parent and its
financial advisors, business consultants, legal counsel, accountants and other agents and
representatives reasonable access during normal business hours, upon reasonable notice, to the
properties, books and records and personnel of the Company; provided, however, that the Company may
restrict or otherwise prohibit access to any documents or information to the extent that (i) any
applicable Law requires the Company to restrict or otherwise prohibit access to such documents or
information, (ii) access to such documents or information would give rise to a material risk of
waiving any attorney-client privilege, work product doctrine or other applicable privilege
applicable to such documents or information, or (iii) access to a Contract to which the Company or
any of its Subsidiaries is a party or otherwise bound would violate or cause a default under, or
give a third party the right terminate or accelerate the rights under, such Contract; and provided
further, that no information or knowledge obtained by Parent in any investigation conducted
pursuant to the access contemplated by this Section 6.4 shall affect or be deemed to modify
any representation or warranty of the Company set forth in this Agreement or otherwise impair the
rights and remedies available to Parent and Acquisition Sub hereunder. In the event that the
Company does not provide access or information in reliance on the preceding sentence, it shall use
its reasonable best efforts to communicate the applicable information to Parent in a way that would
not violate the applicable Law, Contract or obligation or to waive such a privilege. Any
investigation conducted pursuant to the access contemplated by this Section 6.4 shall be
conducted in a manner that does not unreasonably interfere with the conduct of the business of the
Company and its Subsidiaries or create a risk of damage or destruction to any property or assets of
the Company or any of its Subsidiaries. Any access to the Company’s properties shall be subject to
the Company’s reasonable security measures and insurance requirements and shall not include the
right to perform invasive testing. The Company shall make available to Parent, by 11:59 p.m.
(Pacific time) on August 23, 2010, (i) a list of commercial Software code that is incorporated by
the Company or its Subsidiaries into the products of the Company and its Subsidiaries and that is
licensed to Company or its Subsidiaries by a third party pursuant to a negotiated license with the
Company or its Subsidiaries, and (ii) copies of the applicable licenses; in each case, excluding
“open source” Software and Software licensed pursuant to non-negotiable Contracts (including
“shrink-wrap” and “click-through” Contracts). The terms and conditions of the Confidentiality
Agreement shall apply to any information obtained by Parent or any of its financial advisors,
business consultants, legal counsel, accountants and other agents and representatives in connection
with any investigation conducted pursuant to the access contemplated by this Section 6.4.

     6.5 Certain Litigation. The Company shall promptly advise Parent of any litigation
commenced after the date hereof against the Company or any of its directors (in their capacity as
such) by any Company Stockholders (on their own behalf or on behalf of the Company) relating to
this Agreement or the transactions contemplated hereby, and shall keep Parent reasonably informed
regarding any such litigation. The Company shall give Parent the opportunity to participate in the
defense or settlement of any such stockholder litigation and agrees that it shall not settle or
offer to settle any such stockholder litigation without the prior written consent of Parent (which
consent shall not be unreasonably withheld, conditioned or delayed).

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     6.6 Section 16(b) Exemption. The Company shall take all actions to cause the transactions
contemplated by this Agreement and any other dispositions of equity securities of the Company
(including derivative securities) in connection with the transactions contemplated by this
Agreement by each individual who is a director or executive officer of the Company to be exempt
under Rule 16b-3 promulgated under the Exchange Act.

ARTICLE VII

COVENANTS OF PARENT AND ACQUISITION SUB

     7.1 Directors’ and Officers’ Indemnification and Insurance

          (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries shall
(and Parent shall cause the Surviving Corporation and its Subsidiaries to) honor and fulfill in all
respects the obligations of the Company and its Subsidiaries under any and all indemnification
agreements between the Company or any of its Subsidiaries and any of their respective current or
former directors and officers and any person who becomes a director or officer of the Company or
any of its Subsidiaries prior to the Appointment Time (the “Indemnified Persons”). In
addition, during the period commencing at the Appointment Time and ending on the sixth anniversary
of the Effective Time, the Surviving Corporation and its Subsidiaries shall (and Parent shall cause
the Surviving Corporation and its Subsidiaries to) cause the certificates of incorporation and
bylaws (and other similar organizational documents) of the Surviving Corporation and its
Subsidiaries to contain provisions with respect to indemnification, exculpation and the advancement
of expenses that are at least as favorable as the indemnification, exculpation and advancement of
expenses provisions contained in the certificates of incorporation and bylaws (or other similar
organizational documents) of the Company and its Subsidiaries as of the date hereof, and during
such six-year period, such provisions shall not be repealed, amended or otherwise modified in any
manner except as required by applicable Law.

          (b) Without limiting the generality of the provisions of Section 7.1(a), during the
period commencing at the Appointment Time and ending on the sixth anniversary of the Effective
Time, to the fullest extent permitted by applicable Law, the Surviving Corporation and its
Subsidiaries shall (and Parent shall cause the Surviving Corporation and its Subsidiaries to)
indemnify and hold harmless each Indemnified Person from and against any reasonably incurred costs,
fees and expenses (including reasonable attorneys’ fees and investigation expenses), judgments,
fines, losses, claims, damages, liabilities and amounts paid in settlement in connection with any
claim, proceeding, investigation or inquiry, whether civil, criminal, administrative or
investigative, to the extent such claim, proceeding, investigation or inquiry arises out of or
pertains directly or indirectly to (i) any action or omission or alleged action or omission in such
Indemnified Person’s capacity as a director, officer, employee or agent of the Company or any of
its Subsidiaries or other Affiliates (regardless of whether such action or omission, or alleged
action or omission, occurred prior to, at or after the Effective Time), or (ii)
any of the transactions contemplated by this Agreement; provided, however, that if, at any
time prior to the sixth anniversary of the Effective Time, any Indemnified Person delivers to
Parent a written notice asserting a claim for indemnification under this Section 7.1(b),
then the claim

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asserted in such notice shall survive the sixth anniversary of the Effective Time
until such time as such claim is fully and finally resolved. In addition, during the period
commencing at the Appointment Time and ending on the sixth anniversary of the Effective Time, to
the fullest extent permitted by applicable Law, the Surviving Corporation and its Subsidiaries
shall (and Parent shall cause the Surviving Corporation and its Subsidiaries to) advance, prior to
the final disposition of any claim, proceeding, investigation or inquiry for which indemnification
may be sought under this Agreement, promptly following request by an Indemnified Person therefor,
all costs, fees and expenses (including reasonable attorneys’ fees and investigation expenses)
reasonably incurred by such Indemnified Person in connection with any such claim, proceeding,
investigation or inquiry upon receipt of an undertaking by such Indemnified Person to repay such
advances if it is ultimately decided in a final, non-appealable judgment by a court of competent
jurisdiction that such Indemnified Person is not entitled to indemnification. In the event of any
such claim, proceeding, investigation or inquiry, (i) the Surviving Corporation shall have the
right to control the defense thereof after the Effective Time, (ii) each Indemnified Person shall
be entitled to retain his or her own counsel, whether or not the Surviving Corporation shall elect
to control the defense of any such claim, proceeding, investigation or inquiry, (iii) the Surviving
Corporation shall pay all reasonable fees and expenses of any counsel retained by an Indemnified
Person promptly after statements therefor are received, whether or not the Surviving Corporation
shall elect to control the defense of any such claim, proceeding, investigation or inquiry, and
(iv) no Indemnified Person shall be liable for any settlement effected without his or her prior
express written consent. Notwithstanding anything to the contrary set forth in this Section
7.1(b) or elsewhere in this Agreement, neither the Surviving Corporation nor any of its
Affiliates (including Parent) shall settle or otherwise compromise or consent to the entry of any
judgment or otherwise seek termination with respect to any claim, proceeding, investigation or
inquiry for which indemnification may be sought by an Indemnified Person under this Agreement
unless such settlement, compromise, consent or termination includes an unconditional release of all
Indemnified Persons from all liability arising out of such claim, proceeding, investigation or
inquiry.

          (c) During the period commencing at the Effective Time and ending on the sixth anniversary of
the Effective Time, the Surviving Corporation shall (and Parent shall cause the Surviving
Corporation to) maintain in effect the Company’s current directors’ and officers’ liability
insurance (“D&O Insurance”) in respect of acts or omissions occurring at or prior to the
Effective Time, covering each person covered by the D&O Insurance, on terms with respect to the
coverage and amounts that are equivalent to those of the D&O Insurance; provided, however, that in
satisfying its obligations under this Section 7.1(c), Parent and the Surviving Corporation
shall not be obligated to pay annual premiums in excess of three hundred percent (300%) of the
amount paid by the Company for coverage for its last full fiscal year (such three hundred percent
(300%) amount, the “Maximum Annual Premium”) (which premiums the Company represents and
warrants to be as set forth in Section 7.1(c) of the Company Disclosure Letter); provided
that, if the annual premiums of such insurance coverage exceed such amount, Parent and the
Surviving Corporation shall obtain a policy with the greatest coverage available for a cost not
exceeding the Maximum Annual Premium. Prior to the Effective Time, notwithstanding anything
to the contrary set forth in this Agreement, the Company may purchase a six-year “tail” prepaid
policy on the D&O Insurance, provided that the aggregate annual premium for such “tail

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policy”
shall not exceed 500% of the annual premium paid by the Company for its existing directors’ and
officers’ liability insurance policies during the fiscal year ended March 31, 2010. In the event
that the Company elects to purchase such a “tail” policy prior to the Effective Time, the Surviving
Corporation shall (and Parent shall cause the Surviving Corporation to) maintain such “tail” policy
in full force and effect and continue to honor their respective obligations thereunder, in lieu of
all other obligations of Parent and the Surviving Corporation under the first sentence of this
Section 7.1(c) for so long as such “tail” policy shall be maintained in full force and
effect.

          (d) If Parent or the Surviving Corporation or any of its successors or assigns shall (i)
consolidate with or merge into any other Person and shall not be the continuing or surviving
corporation or entity of such consolidation or merger, or (ii) transfer all or substantially all of
its properties and assets to any Person, then, and in each such case, proper provisions shall be
made so that the successors and assigns of the Surviving Corporation shall assume all of the
obligations of Parent and the Surviving Corporation set forth in this Section 7.1.

          (e) The obligations set forth in this Section 7.1 shall not be terminated, amended or
otherwise modified in any manner that adversely affects any Indemnified Person (or any other person
who is a beneficiary under the D&O Insurance or the “tail” policy referred to in Section
7.1(c) (and their heirs and representatives)) without the prior written consent of such
affected Indemnified Person or other person who is a beneficiary under the D&O Insurance or the
“tail” policy referred to in Section 7.1(c) (and their heirs and representatives). Each of
the Indemnified Persons or other persons who are beneficiaries under the D&O Insurance or the
“tail” policy referred to in Section 7.1(c) (and their heirs and representatives) are
intended to be third party beneficiaries of this Section 7.1, with full rights of
enforcement as if a party thereto. The rights of the Indemnified Persons (and other persons who
are beneficiaries under the D&O Insurance or the “tail” policy referred to in Section
7.1(c) (and their heirs and representatives)) under this Section 7.1 shall be in
addition to, and not in substitution for, any other rights that such persons may have under the
certificates of incorporation, bylaws or other equivalent organizational documents, any and all
indemnification agreements of or entered into by the Company or any of its Subsidiaries, or
applicable Law (whether at law or in equity).

          (f) The obligations and liability of Parent, the Surviving Corporation and their respective
Subsidiaries under this Section 7.1 shall be joint and several.

          (g) Nothing in this Agreement is intended to, shall be construed to or shall release, waive or
impair any rights to directors’ and officers’ insurance claims under any policy that is or has been
in existence with respect to the Company or any of its Subsidiaries for any of their respective
directors, officers or other employees, it being understood and agreed that the indemnification
provided for in this Section 7.1 is not prior to or in substitution for any such claims
under such policies.

     7.2 Employee Matters.

          (a) Parent hereby acknowledges that a “change of control” (or similar phrase) within the
meaning of the Employee Plans, as applicable, will occur as of the Appointment Time

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or Effective Time, as applicable.

          (b) Except as provided in Section 7.2(b), from and after the Effective Time, the
Surviving Corporation shall (and Parent shall cause the Surviving Corporation to) honor all
Employee Plans and compensation arrangements in accordance with their terms as in effect
immediately prior to the Appointment Time, provided that nothing in this sentence shall prohibit
the Surviving Corporation from amending or terminating, or from causing the Surviving Corporation
to amend or terminate, any such Benefit Plans, arrangements or agreements in accordance with their
terms or if otherwise required by applicable Law. As of the Effective Time, Parent shall or shall
cause the Surviving Corporation to assume the Employee Plans set forth in Section 7.2(b) of
the Company Disclosure Letter.

          (c) The Company shall take (or cause to be taken) all action necessary or appropriate to
terminate, effective no later than the day immediately preceding the Appointment Time, any Employee
Plan that contains a cash or deferred arrangement intended to qualify under Section 401(a) of the
Code (the “401(k) Plans”), unless Parent, in its sole and absolute discretion, agrees to
sponsor and maintain any such 401(k) Plan by providing the Company with written notice of such
election (an “Election Notice”) at least three days before the Appointment Time. Unless
Parent timely provides an Election Notice to the Company, the Company shall deliver to Parent,
prior to the Appointment Time, evidence that the Company’s board of directors has validly adopted
resolutions to terminate the 401(k) Plans (the form and substance of which resolutions shall be
subject to review and approval of Parent), effective no later than the date immediately preceding
the Appointment Time. Parent shall cause a plan intended to qualify under Section 401(k) of the
Code (the “Parent 401(k) Plan”) to accept rollovers (including rollover loans) from any
401(k) plan of the Company.

          (d) For a period of one year following the Effective Time, the Surviving Corporation shall
(and Parent shall cause the Surviving Corporation to) provide (i) at least the same level of base
salary or base wages to each Continuing Employee as the base salary or base wages provided to each
such Continuing Employee immediately prior to the Effective Time, and (ii) benefits and severance
payments (other than equity based benefits, change in control benefits and individual employment
agreements) to each Continuing Employee employed in the United States that, taken as a whole, are
substantially similar in the aggregate to the benefits and severance payments (other than equity
based benefits, change in control benefits and individual employment agreements) provided to
similarly situated employees of Parent and its Subsidiaries. Parent agrees that it shall cause the
Surviving Corporation to pay an annual cash bonus to each participant in an annual cash bonus plan
of the Company as of the Effective Time (excluding, for avoidance of doubt, sales and commission
plans) equal to the amount determined by (i) determining the annual cash bonus that would have been
paid to such participant based on deemed performance for the fiscal year ending March 31, 2011
using the rate of accrual for purposes of the Company’s financial statements as of immediately
prior to the date of this Agreement and (ii) multiplying the number determined pursuant to clause
(i) by 0.8356 (i.e.,
305/365), with the resulting amount reduced by any portion of such annual bonus previously
paid to the participant. Such bonus will be paid in February 2011 subject to the participant’s
continued employment through January 31, 2011.

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          (e) To the extent that an Employee Plan or employee benefit plan of Parent is made available
to any Continuing Employee on or following the Effective Time, the Surviving Corporation shall (and
Parent shall cause the Surviving Corporation to) cause to be granted to such Continuing Employee
credit for all service with the Company and its Subsidiaries (and their predecessors) prior to the
Effective Time for purposes of eligibility to participate, vesting and entitlement to benefits
where length of service is relevant (including, but not limited to, for purposes of vacation, sick
and paid time off accrual and severance pay entitlement); provided, however, that such service need
not be credited (i) to the extent that it would result in duplication of coverage or benefits or
(ii) under any new plan or arrangement to the extent that such plan or arrangement does not provide
prior service credit to employees generally. In addition, and without limiting the generality of
the foregoing, at the Effective Time: (i) each Continuing Employee shall be immediately eligible to
participate, without any waiting time, in any and all employee benefit plans sponsored by the
Surviving Corporation and its Subsidiaries (other than the Employee Plans) (such plans,
collectively, the “New Plans”) to the extent coverage under any such New Plan replaces
coverage under a comparable Employee Plan in which such Continuing Employee participates
immediately before the Appointment Time (such plans, collectively, the “Old Plans”); and
(ii) for purposes of each New Plan providing medical, dental, pharmaceutical, vision and/or
disability benefits to any Continuing Employee, the Surviving Corporation shall cause all waiting
periods, pre-existing condition exclusions, evidence of insurability requirements and
actively-at-work or similar requirements of such New Plan to be waived for such Continuing Employee
and his or her covered dependents, and the Surviving Corporation shall cause any eligible expenses
incurred by such Continuing Employee and his or her covered dependents during the portion of the
plan year of the Old Plan ending on the date such employee’s participation in the corresponding New
Plan begins to be given full credit under such New Plan for purposes of satisfying all deductible,
coinsurance and maximum out-of-pocket requirements applicable to such Continuing Employee and his
or her covered dependents for the applicable plan year as if such amounts had been paid in
accordance with such New Plan, and (iii) the Surviving Corporation shall credit the accounts of
such Continuing Employees under any New Plan which is a flexible spending plan with any unused
balance in the account of such Continuing Employee under the applicable Employee Plan. Any
vacation or paid time off accrued but unused by a Continuing Employee as of immediately prior to
the Effective Time shall be credited to such Continuing Employee following the Effective Time, and
shall not be subject to accrual limits or other forfeiture and shall not limit future accruals.

          (f) Notwithstanding anything to the contrary set forth in this Agreement, no provision of this
Agreement shall be deemed to (i) guarantee employment for any period of time for, or preclude the
ability of Parent or the Surviving Corporation to terminate, any Continuing Employee for any
reason, or (ii) subject to the limitations and requirements specifically set forth in this
Section 7.2, require Parent or the Surviving Corporation to continue any Employee Plan or
prevent the amendment, modification or termination thereof after the Effective Time.

          (g) This Section 7.2 shall be binding upon and inure solely to the benefit of
each of the parties to this Agreement, and nothing in this Section 7.2, expressed or
implied, is intended to confer upon any other Person any rights or remedies of any nature
whatsoever under or by reason of this Section 7.2. Without limiting the foregoing, no
provision of this Section 7.2 will create any third party beneficiary rights in any current
or former employee, director or

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consultant of the Company or any of its Subsidiaries in respect of
continued employment (or resumed employment) or any other matter.

          (h) Effective as of immediately prior to, and contingent upon, the Appointment Time, the
Company shall cause to be amended each outstanding Company RSU, Company Option and Company
Restricted Stock Award to provide that, if upon or within twelve (12) months following the
Appointment Time, the employment or service of the holder of any such Company RSU, Company Option
and/or Company Restricted Stock Award is terminated by the Company or the Parent (or any employing
parent or subsidiary thereof) by reason of elimination of the holder’s position due to redundancy
or integration of Parent and Company business units (but, for avoidance of doubt, excluding
terminations for death, “Disability,” “Serious Misconduct,” or “Poor Performance,” (as such terms
are defined in Section 7.2(h) of the Company Disclosure Letter), then one hundred percent
(100%) of the then unvested shares subject to such Company RSU, Company Option and/or Company
Restricted Stock Award shall become immediately vested and, if applicable, exercisable.

     7.3 Obligations of Acquisition Sub. Parent shall take all action necessary to cause
Acquisition Sub and the Surviving Corporation to perform their respective obligations under this
Agreement and to consummate the transactions contemplated hereby upon the terms and subject to the
conditions set forth in this Agreement.

ARTICLE VIII

ADDITIONAL COVENANTS OF ALL PARTIES

     8.1 Reasonable Best Efforts to Complete. Upon the terms and subject to the conditions set
forth in this Agreement, each of Parent, Acquisition Sub and the Company shall use its reasonable
best efforts to take, or cause to be taken, all actions, and to do, or cause to be done, and to
assist and cooperate with the other party or parties hereto in doing, all things reasonably
necessary, proper or advisable under applicable Law or otherwise to consummate and make effective,
in the most expeditious manner practicable, the transactions contemplated by this Agreement,
including using reasonable best efforts to: (i) cause the conditions to the Offer set forth in
Section 2.1(a) and Annex A to be satisfied and cause the conditions to the Merger
set forth in Article IX to be satisfied; (ii) obtain all necessary actions or non-actions,
waivers, consents, approvals, orders and authorizations from Governmental Authorities and make all
necessary registrations, declarations and filings with Governmental Authorities, that are necessary
to consummate the Offer and the Merger; and (iii) obtain all necessary or appropriate consents,
waivers and approvals under any Material Contracts to which the Company or any of its Subsidiaries
is a party in connection with this Agreement and the consummation of the transactions contemplated
hereby so as to maintain and preserve the
benefits under such Material Contracts following the consummation of the transactions
contemplated by this Agreement. In addition to the foregoing, neither Parent or Merger Sub, on the
one hand, nor the Company, on the other hand, shall take any action, or fail to take any action,
that is intended to, or has (or would reasonably be expected to have) the effect of, preventing,
impairing, delaying or otherwise adversely affecting the consummation of the Offer or the Merger or
the ability of such party to fully perform its obligations under this Agreement. Notwithstanding
anything to the contrary

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herein, none of Parent, Acquisition Sub or the Company shall be required
prior to the Effective Time to pay any consent or other similar fee, “profit sharing” or other
similar payment or other consideration (including increased rent or other similar payments or any
amendments, supplements or other modifications to (or waivers of) the existing terms of any
Contract), or the provision of additional security (including a guaranty) to obtain the consent,
waiver or approval of any Person under any Contract.

     8.2 Regulatory Filings.

          (a) Each of Parent and Acquisition Sub (and their respective Affiliates, if applicable), on
the one hand, and the Company, on the other hand, shall (x) file with the FTC and the Antitrust
Division of the DOJ a Notification and Report Form relating to this Agreement and the transactions
contemplated hereby as required by the HSR Act as soon as reasonably practicable from the date
following execution and delivery of this Agreement but in no event later than ten (10) Business
Days following the execution and delivery of this Agreement, and (y) file comparable pre-merger or
post-merger notification filings, forms and submissions with any foreign Governmental Authority
that is required by any other Antitrust Laws as soon as reasonably practicable from the date
following execution and delivery of this Agreement but in no event later than ten (10) Business
Days following the execution and delivery of this Agreement. Each of Parent and the Company shall
(i) cooperate and coordinate with the other in the making of such filings, (ii) supply the other
with any information that may be required in order to make such filings, (iii) supply any
additional information that reasonably may be required or requested by the FTC, the DOJ or the
Governmental Authorities of any other jurisdiction in which any such filing is made under any other
Antitrust Laws, and (iv) use reasonable best efforts to take all action necessary to cause the
expiration or termination of the applicable waiting periods under the HSR Act or other Antitrust
Laws as soon as practicable, and to obtain any required consents under any other Antitrust Laws
applicable to the Offer and/or the Merger as soon as practicable, and to avoid any impediment to
the consummation of the Offer or the Merger under any Antitrust Laws, including using reasonable
best efforts to take all such action as reasonably may be necessary to resolve such objections, if
any, as the FTC, the DOJ, or any other Governmental Authority or Person may assert under any
applicable Antitrust Laws with respect to the Offer and/or the Merger.

          (b) Each of Parent and Acquisition Sub (and their respective Affiliates, if applicable), on
the one hand, and the Company, on the other hand, shall promptly inform the other of any
communication from any Governmental Authority regarding any of the transactions contemplated by
this Agreement in connection with any filings or investigations with, by or before any Governmental
Authority relating to this Agreement or the transactions contemplated hereby, including any
proceedings initiated by a private party. If any party hereto or Affiliate thereof shall receive a
request for additional information or documentary material from any
Governmental Authority with respect to the transactions contemplated by this Agreement
pursuant to the HSR or any other Antitrust Laws with respect to which any such filings have been
made, then such party shall use its reasonable best efforts to make, or cause to be made, as soon
as reasonably practicable and after consultation with the other party, an appropriate response in
compliance with such request. In connection with and without limiting the foregoing, to the extent
reasonably practicable and unless prohibited by applicable Law or by the applicable

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Governmental Authority, the parties hereto agree to (i) give each other reasonable advance notice of all
meetings with any Governmental Authority relating to the Offer or the Merger, (ii) give each other
an opportunity to participate in each of such meetings, (iii) keep the other party reasonably
apprised with respect to any oral communications with any Governmental Authority regarding the
Offer or the Merger, (iv) cooperate in the filing of any analyses, presentations, memoranda,
briefs, arguments, opinions or other written communications explaining or defending the Offer and
the Merger, articulating any regulatory or competitive argument and/or responding to requests or
objections made by any Governmental Authority, (v) provide each other with a reasonable advance
opportunity to review and comment upon, and consider in good faith the views of the other with
respect to, all written communications (including any analyses, presentations, memoranda, briefs,
arguments and opinions) with a Governmental Authority regarding the Offer and the Merger, (vi)
provide each other (or counsel of each party, as appropriate) with copies of all written
communications to or from any Governmental Authority relating to the Offer or the Merger, and (vii)
cooperate and provide each other with a reasonable opportunity to participate in, and consider in
good faith the views of the other with respect to, all material deliberations with respect to all
efforts to satisfy the conditions set forth in clauses (A) and (C)(1) of Annex A and Section
9.1(c). Any such disclosures, rights to participate or provisions of information by one party
to the other may be made on a counsel-only basis to the extent required under applicable Law or as
appropriate to protect confidential business information or the attorney client privilege or
attorney work product.

          (c) Each of Parent, Acquisition Sub and the Company shall cooperate with one another in good
faith to (i) promptly determine whether any filings not contemplated by Section 8.2(a) are
required to be or should be made, and whether any other consents, approvals, permits or
authorizations not contemplated by Section 8.2(a) are required to be or should be obtained,
from any Governmental Authority under any other applicable Law in connection with the transactions
contemplated hereby, and (ii) promptly make any filings, furnish information required in connection
therewith and seek to obtain timely any such consents, permits, authorizations, approvals or
waivers that the parties determine are required to be or should be made or obtained in connection
with the transactions contemplated hereby.

          (d) Notwithstanding anything to the contrary in this Agreement, in connection with any filing
or submission required or action to be taken by either Parent or the Company to consummate the
Offer and the Merger, in no event shall Parent or any of its Subsidiaries or Affiliates be
obligated to propose or agree to accept any undertaking or condition, to enter into any consent
decree, to make any divestiture or accept any operational restriction, or take or commit to take
any action (i) the effectiveness or consummation of which is not conditional on the consummation of
the Offer and the Merger or (ii) that individually or in the aggregate (x) is or would reasonably
be expected to be materially adverse (with materiality, for purposes of this provision, being
measured in relation to the size of the Company and its Subsidiaries taken as a
whole) to (A) the Company and its Subsidiaries, taken as a whole, or Parent and its
Subsidiaries, taken as a whole, either before or after giving effect to the Offer or the Merger, or
(B) Parent’s ownership or operation of any material portion of the business or assets of the
Company and its Subsidiaries, taken as a whole, or (y) would reasonably be expected to deny Parent
the material benefit of the bargains contemplated by the transactions contemplated by this
Agreement. The Company shall agree, if requested by Parent in writing, to commit to take any of
the forgoing

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actions with respect to the assets or business of the Company in furtherance of this
Section 8.2; provided, however, that any such action may be conditioned upon the
consummation of the Merger and other Transactions contemplated by this Agreement.

     8.3 Company Stockholder Meeting; Short-Form Merger.

          (a) If the Company Stockholders are required under the DGCL to adopt this Agreement in order
to consummate the Merger, the Company shall establish a record date for, call, give notice of,
convene and hold a meeting of the Company Stockholders (the “Company Stockholder Meeting”)
as promptly as practicable following the date hereof for the purpose of voting upon the adoption of
this Agreement in accordance with the DGCL.

          (b) Each of Parent and Acquisition Sub shall vote all Company Shares acquired in the Offer (or
otherwise beneficially owned by it or any of its respective Subsidiaries as of the applicable
record date) in favor of the adoption of this Agreement in accordance with the DGCL at the Company
Stockholder Meeting or otherwise. Parent shall vote all of the shares of capital stock of
Acquisition Sub beneficially owned by it, or sign a written consent in lieu of a meeting of the
stockholders of Acquisition Sub, in favor of the adoption of this Agreement in accordance with the
DGCL.

          (c) Notwithstanding the provisions of this Section 6.4, in the event that Parent,
Acquisition Sub or any other Subsidiary of Parent, shall hold at least ninety percent (90%) of the
issued and outstanding Company Shares following the consummation of the Offer, each of Parent,
Acquisition Sub and the Company shall take all necessary and appropriate action to cause the Merger
to become effective as soon as practicable after such acquisition, without a meeting of the
stockholders of the Company, in accordance with Section 253 of the DGCL.

     8.4 Proxy Statement.

          (a) If the Company Stockholders are required under the DGCL to adopt this Agreement in order
to consummate the Merger, as soon as practicable following the Appointment Time, the Company,
Parent and Acquisition Sub shall jointly prepare, and the Company shall file with the SEC, the
Proxy Statement for use in connection with the solicitation of proxies from the Company
Stockholders for use at the Company Stockholder Meeting. The Company, Parent and Acquisition Sub,
as the case may be, shall furnish all information concerning the Company, on the one hand, and
Parent and Acquisition Sub (and their respective
Affiliates, if applicable), on the other hand, as the other may reasonably request in
connection with the preparation and filing with the SEC of the Proxy Statement. Subject to
applicable Law, the Company shall use reasonable best efforts to cause the Proxy Statement to be
disseminated to the Company Stockholders as promptly as practicable following the filing thereof
with the SEC and confirmation from the SEC that it will not comment on, or that it has no
additional comments on, the Proxy Statement. Each of the Company, Parent and Acquisition Sub shall
promptly correct any information provided by it or any of its respective directors, officers,
employees, affiliates, agents or other representatives for use in the Proxy Statement if and to the
extent that such information shall have become false or misleading in any material respect. The
Company shall take all steps necessary to cause the Proxy Statement, as so corrected, to be filed

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with the SEC and disseminated to the Company Stockholders, in each case as and to the extent
required by applicable Laws. The Company shall provide Parent, Acquisition Sub and their counsel a
reasonable opportunity to review and comment on the Proxy Statement prior to the filing thereof
with the SEC, and the Company shall give reasonable and good faith consideration to any comments
made by Parent, Acquisition Sub and their counsel (it being understood that Parent, Acquisition Sub
and their counsel shall provide any comments thereon as soon as reasonably practicable). The
Company shall provide in writing to Parent, Acquisition Sub and their counsel any comments or other
communications, whether written or oral, the Company or its counsel may receive from the SEC or its
staff with respect to the Proxy Statement promptly after such receipt, and the Company shall
provide Parent, Acquisition Sub and their counsel a reasonable opportunity to participate in the
formulation of any response to any such comments of the SEC or its staff (including a reasonable
opportunity to review and comment on any such response, to which the Company shall give reasonable
and good faith consideration to any comments made by Parent, Acquisition Sub and their counsel) and
to participate in any discussions with the SEC or its staff regarding any such comments.

          (b) Unless this Agreement is earlier terminated pursuant to Article X, subject to the
terms of Section 6.3(b), the Company shall include the portion of the Company Board
Recommendation relating to the Merger and the adoption of this Agreement in the Proxy Statement.

     8.5 Anti-Takeover Laws. In the event that any state anti-takeover or other similar Law is
or becomes applicable to this Agreement or any of the transactions contemplated by this Agreement,
the Company, Parent and Acquisition Sub shall use their respective reasonable best efforts to
ensure that the transactions contemplated by this Agreement may be consummated as promptly as
practicable on the terms and subject to the conditions set forth in this Agreement and otherwise to
minimize the effect of such Law on this Agreement and the transactions contemplated hereby.

     8.6 Notification of Certain Matters.

          (a) At all times during the period commencing with the execution and delivery of this
Agreement and continuing until the earlier to occur of the termination of this
Agreement pursuant to Article X and the Appointment Time, the Company shall give
prompt notice to Parent and Acquisition Sub upon becoming aware that any representation or warranty
made by it in this Agreement has become untrue or inaccurate in any material respect, or of any
failure of the Company to comply with or satisfy in any material respect any covenant, condition or
agreement to be complied with or satisfied by it under this Agreement, in any such case if and only
to the extent that such untruth or inaccuracy, or such failure, would reasonably be expected to
cause any of the conditions to the obligations of Parent and Acquisition Sub to consummate the
transactions contemplated hereby set forth in paragraphs (C)(2) and (C)(3) of Annex A to
fail to be satisfied at the then scheduled expiration of the Offer; provided, however, that no such
notification shall affect or be deemed to modify any representation or warranty of the Company set
forth in this Agreement or the conditions to the obligations of Parent and Acquisition Sub to
consummate the transactions contemplated by this Agreement or the remedies available to the parties
hereunder; and provided further, that the terms and conditions of the Confidentiality

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Agreement
shall apply to any information provided to Parent pursuant to this Section 8.6(a).

          (b) At all times during the period commencing with the execution and delivery of this
Agreement and continuing until the earlier to occur of the termination of this Agreement pursuant
to Article X and the Appointment Time, Parent shall give prompt notice to the Company upon
becoming aware that any representation or warranty made by Parent or Acquisition Sub in this
Agreement has become untrue or inaccurate in any material respect, or of any failure of Parent or
Acquisition Sub to comply with or satisfy in any material respect any covenant, condition or
agreement to be complied with or satisfied by it under this Agreement, in any such case if and only
to the extent that such untruth or inaccuracy, or such failure, would reasonably be expected to
prevent or materially delay the consummation of the transactions contemplated by this Agreement
(including the Offer and the Merger) or the ability of Parent and Acquisition Sub to fully perform
their respective covenants and obligations under this Agreement; provided, however, that no such
notification shall affect or be deemed to modify any representation or warranty of Parent or
Acquisition Sub set forth in this Agreement or the conditions to the obligations of the Company to
consummate the transactions contemplated by this Agreement or the remedies available to the parties
hereunder; and provided further, that the terms and conditions of the Confidentiality Agreement
shall apply to any information provided to the Company pursuant to this Section 8.6(b).

     8.7 Public Statements and Disclosure. None of the Company, on the one hand, or Parent and
Acquisition Sub, on the other hand, shall issue any public release or make any public announcement
concerning this Agreement or the transactions contemplated by this Agreement without the prior
written consent of the other (which consent shall not be unreasonably withheld, delayed or
conditioned), except as such release or announcement may be required by applicable Law or the rules
or regulations of any applicable United States securities exchange or regulatory or Governmental
Authority to which the relevant party is subject or submits, wherever situated, in which case the
party required to make the release or announcement shall use its reasonable best efforts to allow
the other party or parties hereto reasonable time to comment on such release or announcement in
advance of such issuance (it being understood that the final form and content of any such release
or announcement, as well as the timing of any such release or announcement, shall be at the final
discretion of the disclosing party).

     8.8 Confidentiality. Parent, Acquisition Sub and the Company hereby acknowledge that
Parent and the Company have previously executed a Mutual Non-Disclosure Agreement, made as of July
17, 2010 (as amended, the “Confidentiality Agreement”), which will continue in full force
and effect in accordance with its terms.

     8.9 Employment Compensation Approval. The parties acknowledge that certain payments have
been made or are to be made and certain benefits have been granted or are to be granted according
to employment compensation, severance and other employee benefit plans of the Company, including
the Employee Plans (collectively, the “Arrangements”), to certain Company Stockholders and
holders of other Company Securities (collectively, the “Covered Securityholders”). The
Compensation Committee of the Company Board (the “Company Compensation Committee”), each
member of which is an “independent director” in accordance with the requirements of Rule
14d-10(d)(2) under the Exchange Act, (A) at a meeting to be held

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prior to the Appointment Time,
will duly adopt resolutions approving as an “employment compensation, severance or other employee
benefit arrangement” within the meaning of Rule 14d-10(d)(1) under the Exchange Act (an
“Employment Compensation Arrangement”) (1) each Arrangement presented to the Company
Compensation Committee on or prior to the date hereof, (2) the treatment of the Company Options,
Company RSUs and Company Restricted Stock Awards in accordance with the terms set forth in this
Agreement, and (3) the terms of Section 7.1 and Section 7.2, and (B) will take all
other actions necessary to satisfy the requirements of the non-exclusive safe harbor under Rule
14d-10(d)(2) under the Exchange Act with respect to the foregoing arrangements.

ARTICLE IX

CONDITIONS TO THE MERGER

     9.1 Conditions to Each Party’s Obligations. The respective obligations of Parent,
Acquisition Sub and the Company to consummate the Merger shall be subject to the satisfaction or
waiver (where permissible under applicable law) prior to the Effective Time, of each of the
following conditions:

          (a) Requisite Stockholder Approval. If the Company Stockholders are required under
the DGCL to adopt this Agreement in order to consummate the Merger, the Requisite Stockholder
Approval shall have been obtained.

          (b) Purchase of Company Shares. Acquisition Sub shall have accepted for payment and
paid for all of the Company Shares validly tendered and not withdrawn pursuant to the Offer.

          (c) No Legal Prohibition. No Governmental Authority of competent
jurisdiction shall have (i) enacted, issued or promulgated any Law that is in effect and has
the effect of making the consummation of the Offer or the Merger illegal or which has the effect of
prohibiting or otherwise preventing the consummation of the Offer or the Merger, or (ii) issued or
granted any Order that is in effect and has the effect of making the consummation of the Offer or
the Merger illegal or which has the effect of prohibiting or otherwise preventing the consummation
of the Merger.

ARTICLE X

TERMINATION, AMENDMENT AND WAIVER

     10.1 Termination Prior to the Appointment Time. This Agreement may be terminated and the
Offer may be abandoned at any time prior to the Appointment Time (it being agreed that the party
hereto terminating this Agreement pursuant to this Section 10.1 shall give prompt written
notice of such termination to the other party or parties hereto):

          (a) by mutual written agreement of Parent and the Company; or

          (b) by either Parent or the Company, if the Offer shall have expired or been terminated in
accordance with the terms of this Agreement and the Offer without Acquisition

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Sub having accepted
for payment any Company Shares tendered pursuant to the Offer on or before February 15, 2011 (the
“Termination Date”; provided, however, that if at such time the Antitrust Approvals have
not been satisfied, then the Termination Date shall be extended automatically until April 15, 2011;
provided, however, that the right to terminate this Agreement pursuant to either clause of this
Section 10.1(b) shall not be available to any party hereto whose action or failure to
fulfill any obligation under this Agreement has been the principal cause of or resulted in (i) any
of the conditions to the Offer set forth in Annex A having failed to be satisfied and such
action or failure to act constitutes a material breach of this Agreement, or (ii) the expiration or
termination of the Offer in accordance with the terms of this Agreement and the Offer without
Acquisition Sub having accepted for payment any Company Shares tendered pursuant to the Offer and
such action or failure to act constitutes a material breach of this Agreement; or

          (c) by the Company, in the event that (i) the Company is not then in material breach of its
covenants, agreements and other obligations under this Agreement, and (ii) Parent and/or
Acquisition Sub shall have breached or otherwise violated any of their respective material
covenants, agreements or other obligations under this Agreement, or any of the representations and
warranties of Parent and Acquisition Sub set forth in this Agreement shall have become inaccurate,
which breach, violation or inaccuracy, individually or in the aggregate with other such breaches,
violations or inaccuracies, would reasonably be expected to prevent the consummation of the Offer
prior to the Termination Date and cannot be or has not been cured prior to the earlier of (a) 30
days after the giving of written notice to Parent of such breach, violation or inaccuracy and (b)
the Termination Date; or

          (d) by Parent, in the event that (i) Parent and Acquisition Sub are not then in
material breach of their respective covenants, agreements and other obligations under this
Agreement, and (ii) the Company shall have breached or otherwise violated any of its material
covenants, agreements or other obligations under this Agreement, or any of the representations and
warranties of the Company set forth in this Agreement shall have become inaccurate, in either case
such that the conditions to the Offer set forth in Annex A would reasonably not be capable
of being satisfied by the Termination Date and such breach, violation or inaccuracy cannot be or
has not been cured prior to the earlier of (a) 30 days after the giving of written notice to the
Company of such breach, violation or inaccuracy and (b) the Termination Date; or

          (e) by the Company, in the event that (i) the Company shall have received a Superior Proposal;
(ii) the Company Board shall have determined in good faith (after consultation with outside legal
counsel) that the failure to enter into a definitive agreement relating to such Superior Proposal
would reasonably be expected to be a breach of its fiduciary duties to the Company Stockholders
under applicable Delaware Law; (iii) the Company has notified Parent in writing of the Superior
Proposal, including the material terms and conditions of any such Superior Proposal and a copy of
the form of any related agreements (a “Superior Proposal Notice”) (it being understood that
the Superior Proposal Notice shall not constitute a Company Board Recommendation Change for
purposes of this Agreement); (iv) if requested by Parent, the Company shall have made its
Representatives available to discuss and negotiate in good faith with Parent’s Representatives any
proposed modifications to the terms and conditions of this Agreement during the three (3) Business
Day period following delivery by the Company

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to Parent of such Superior Proposal Notice; (v) if
Parent shall have delivered to the Company during such three (3) Business Day period a written
proposal capable of being accepted by the Company to alter the terms or conditions of this
Agreement during such three (3) Business Day period, the Company Board shall have determined in
good faith, after considering the terms of such proposal by Parent, that the Superior Proposal
giving rise to such Superior Proposal Notice continues to be a Superior Proposal; and (vi)
concurrently with the termination of this Agreement, the Company pays Parent the Termination Fee
payable to Parent pursuant to Section 10.3(b)(ii); provided that any material amendment or
modification to any Superior Proposal will be deemed to be a new Superior Proposal for purposes of
this Section 10.1(e); or

          (f) by Parent, in the event that (i) the Company Board or any committee thereof shall have
effected a Company Board Recommendation Change, or (ii) an Acquisition Proposal (whether or not a
Superior Proposal) is commenced by a Person unaffiliated with Parent and (a) in the case of
Acquisition Proposal that is a tender or exchange offer, the Company shall not have filed within
ten (10) Business Days after the public announcement of the commencement of such Acquisition
Proposal a Schedule 14D-9 pursuant to Rule 14e-2 and Rule 14d-9 promulgated under the Exchange Act
recommending that the Company Stockholders reject such Acquisition Proposal and not tender any
shares of Company Common Stock into such tender or exchange offer, or (b) in the case of any other
Acquisition Proposal, within ten (10) Business Days of a written request by Parent following the
public announcement of the commencement of such Acquisition Proposal, the Company shall not have
publicly reaffirmed its adoption and recommendation of this Agreement and the transactions
contemplated hereby.

     10.2 Termination Before or After Appointment Time and Prior to Effective Time. Notwithstanding the prior adoption of this Agreement by the Company Stockholders in
accordance with the DGCL, this Agreement may be terminated and the Offer and/or the Merger may be
abandoned, at any time prior to the Effective Time (it being agreed that the party hereto
terminating this Agreement pursuant to this Section 10.2 shall give prompt written notice
of such termination to the other party or parties hereto), by either Parent or the Company if any
Governmental Authority of competent jurisdiction shall have (i) enacted, issued or promulgated any
Law that is in effect and has the effect of making the consummation of the Offer or the Merger
illegal or which has the effect of prohibiting or otherwise preventing the consummation of the
Offer or the Merger, or (ii) issued or granted any Order that is in effect and has the effect of
making the consummation of the Offer or the Merger illegal or which has the effect of prohibiting
or otherwise preventing the consummation of the Merger, and such Order has become final and
non-appealable.

     10.3 Notice of Termination; Effect of Termination. Any proper and valid termination of
this Agreement pursuant to Section 10.1 or Section 10.2 shall be effective
immediately upon the delivery of written notice of the terminating party to the other party or
parties hereto, as applicable. In the event of the termination of this Agreement pursuant to
Section 10.1 or Section 10.2, this Agreement shall be of no further force or effect
without liability of any party or parties hereto, as applicable (or any director, officer,
employee, affiliate, agent or other representative of such party or parties) to the other party or
parties hereto, as applicable, except (a) for the terms of Section 8.8, this Section
10.3, Section 10.4 and Article XI, each of which shall survive the termination
of this Agreement, and (b) that nothing herein shall relieve any party or parties

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 hereto, as
applicable, from liability for any knowing and intentional breach of, or fraud in connection with,
this Agreement. In addition to the foregoing, no termination of this Agreement shall affect the
obligations of the parties hereto set forth in the Confidentiality Agreement, all of which
obligations shall survive termination of this Agreement in accordance with their terms.

     10.4 Fees and Expenses.

          (a) General. Except as set forth in this Section 10.4, all fees and expenses
incurred in connection with this Agreement and the transactions contemplated hereby shall be paid
by the party or parties, as applicable, incurring such expenses whether or not the Offer and/or the
Merger is consummated.

          (b) Company Payments.

               (i) The Company shall pay to Parent $53,500,000.00 (the “Termination Fee”), by wire
transfer of immediately available funds to an account or accounts designated in writing by Parent,
within two Business Days, in the event that: (A) this Agreement is terminated by Parent or the
Company pursuant to Section 10.1(a) or Section 10.1(b) as a result of the failure
to satisfy the Minimum Condition prior to such termination (provided that all other conditions in
Annex A have been satisfied other than those that were to be satisfied at the
Appointment Time); (B) after the date of this Agreement and prior to such termination, an
offer or proposal that constitutes an Acquisition Proposal (excluding for this purpose any mere
“inquiry” from the definition of Acquisition Proposal) shall have been publicly announced or shall
have become publicly known; and (C) within twelve months following such termination, either a
Competing Acquisition Transaction (whether or not resulting from the Acquisition Proposal
referenced in the preceding clause (B)) is consummated or the Company enters into a definitive
agreement providing for a Competing Acquisition Transaction (whether or not resulting from the
Acquisition Proposal referenced in the preceding clause (B)). For purposes of the foregoing, a
“Competing Acquisition Transaction” shall have the same meaning as an “Acquisition
Transaction” except that all references therein to “more than twenty percent (20%)” shall be deemed
to be references to “a majority,” and the reference therein to “eighty percent (80%)” shall be
deemed to be a reference to “fifty percent (50%).”

               (ii) In the event that this Agreement is terminated by the Company pursuant to Section
10.1(e), the Company shall pay to Parent the Termination Fee, by wire transfer of immediately
available funds to an account or accounts designated in writing by Parent, as a condition to the
effectiveness of such termination.

               (iii) In the event that this Agreement is terminated by Parent pursuant to Section
10.1(f) (or by the Company pursuant to Section 10.1(b) following any time at which
Parent was entitled to terminate this Agreement pursuant to Section 10.1(f)), the Company
shall pay to Parent the Termination Fee, by wire transfer of immediately available funds to an
account or accounts designated in writing by Parent, within two (2) Business Days.

          (c) Single Payment Only. The parties hereto acknowledge and hereby agree that in no
event shall the Company be required to pay the Termination Fee on more than one

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occasion, whether
or not the Termination Fee may be payable under more than one provision of this Agreement at the
same or at different times and the occurrence of different events.

          (d) Liquidated Damages. In the event that Parent shall receive the Termination Fee
pursuant to Section 10.4(b), the receipt of such fee shall be deemed to be liquidated
damages for any and all losses or damages suffered or incurred by Parent, Acquisition Sub, any of
their respective Affiliates or any other Person in connection with this Agreement (and the
termination thereof), the transactions contemplated hereby (and the abandonment thereof) or any
matter forming the basis for such termination, and none of Parent, Acquisition Sub, any of their
respective Affiliates or any other Person shall be entitled to bring or maintain any other claim,
action or proceeding against the Company arising out of this Agreement (and the termination
thereof), the transactions contemplated hereby (and the abandonment thereof) or any matter forming
the basis for such termination.

     10.5 Amendment. Subject to applicable Law and subject to the other provisions of this
Agreement, this Agreement may be amended by the parties hereto at any time by execution of an
instrument in writing signed on behalf of each of Parent, Acquisition Sub and the Company;
provided, however, that in the event that this Agreement has been adopted by the Company
Stockholders in
accordance with Delaware Law, no amendment shall be made to this Agreement that requires the
approval of such Company Stockholders under Delaware Law without such approval.

     10.6 Extension; Waiver. At any time and from time to time prior to the Effective Time, any
party or parties hereto may, to the extent legally allowed and except as otherwise set forth
herein, (a) extend the time for the performance of any of the obligations or other acts of the
other party or parties hereto, as applicable, (b) waive any inaccuracies in the representations and
warranties made to such party or parties hereto contained herein or in any document delivered
pursuant hereto and (c) waive compliance with any of the agreements or conditions for the benefit
of such party or parties hereto contained herein. Any agreement on the part of a party or parties
hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing
signed on behalf of such party or parties, as applicable. Any delay in exercising any right under
this Agreement shall not constitute a waiver of such right.

ARTICLE XI

GENERAL PROVISIONS

     11.1 Survival of Representations, Warranties and Covenants. The representations,
warranties and covenants of the Company, Parent and Acquisition Sub contained in this Agreement
shall terminate at the Effective Time, and only the covenants that by their terms survive the
Effective Time shall so survive the Effective Time in accordance with their respective terms.

     11.2 Notices. All notices and other communications hereunder shall be in writing and shall
be deemed to have been duly delivered and received hereunder (i) four Business Days after being
sent by registered or certified mail, return receipt requested, postage prepaid, (ii) one Business
Day after being sent for next business day delivery, fees prepaid, via a reputable

-80-

 

nationwide
overnight courier service, or (iii) immediately upon delivery by hand or by facsimile (with a
written or electronic confirmation of delivery), in each case to the intended recipient as set
forth below:

(a) if to Parent or Acquisition Sub, to:

Dell Inc.

One Dell Way, RR1-33

Round Rock, Texas 78682-8033

Attention: Janet B. Wright

Facsimile No.: (512) 283-0544

with a copy (which shall not constitute notice) to:

Dell_Corporate_Legal_Notices@Dell.com

and

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

Attention: Jeffrey J. Rosen and Kevin A. Rinker

Facsimile No.: (212) 909-6836

(b) if to the Company, to:

3PAR Inc.

4209 Technology Drive

Fremont, California 94538

Attention: David C. Scott and Alastair A. Short

Facsimile No.: (510) 668-9501

with a copy (which shall not constitute notice) to:

Wilson Sonsini Goodrich & Rosati

650 Page Mill Road

Page Mill Road

Palo Alto, California 94304

Attention: Robert Latta and Robert Kornegay

Facsimile No.: (650) 493-6811

and

Wilson Sonsini Goodrich & Rosati

Professional Corporation

One Market Street

Spear Tower, Suite 3300

-81-

 

San Francisco, California 94105

Attention: Michael S. Ringler

Facsimile No.: (415) 947-2099

     11.3 Assignment. No party may assign either this Agreement or any of its rights,
interests, or obligations hereunder without the prior written approval of the other parties.
Subject to the preceding sentence, this Agreement shall be binding upon and shall inure to the
benefit of the parties hereto and their respective successors and permitted assigns.

     11.4 Entire Agreement. This Agreement and the documents and instruments and other
agreements among the parties hereto as contemplated by or referred to herein, including the Company
Disclosure Letter and the Annexes hereto, constitute the entire agreement among the parties with
respect to the
subject matter hereof and supersede all prior agreements and understandings, both written and
oral, among the parties with respect to the subject matter hereof; provided, however, the
Confidentiality Agreement shall not be superseded, shall survive any termination of this Agreement
and shall continue in full force and effect until the earlier to occur of (a) the Effective Time
and (b) the date on which the Confidentiality Agreement expires in accordance with its terms or is
validly terminated by the parties thereto. EACH PARTY HERETO AGREES THAT, EXCEPT FOR THE
REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS AGREEMENT, NEITHER PARENT AND ACQUISITION SUB, ON
THE ONE HAND, NOR THE COMPANY, ON THE OTHER HAND, MAKES ANY REPRESENTATIONS OR WARRANTIES TO THE
OTHER, AND EACH PARTY HEREBY DISCLAIMS ANY OTHER REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED,
OR AS TO THE ACCURACY OR COMPLETENESS OF ANY OTHER INFORMATION, MADE (OR MADE AVAILABLE BY) BY
ITSELF OR ANY OF ITS REPRESENTATIVES, WITH RESPECT TO, OR IN CONNECTION WITH, THE NEGOTIATION,
EXECUTION OR DELIVERY OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, NOTWITHSTANDING
THE DELIVERY OR DISCLOSURE TO THE OTHER OR THE OTHER’S REPRESENTATIVES OF ANY DOCUMENTATION OR
OTHER INFORMATION WITH RESPECT TO ANY ONE OR MORE OF THE FOREGOING.

     11.5 Third Party Beneficiaries. This Agreement is not intended to, and shall not, confer
upon any other Person any rights or remedies hereunder, except (a) as set forth in or contemplated
by the terms and provisions of Section 7.1, (b) from and after the Appointment Time, the
rights of holders of shares of the Company Common Stock and other Company Securities to receive the
consideration pursuant to the Offer, as set forth in Article II, and (c) from and after the
Effective Time, the rights of holders of shares of the Company Common Stock and other Company
Securities to receive the consideration pursuant to the Merger, as set forth in Article
III. Parent and Acquisition Sub hereby expressly acknowledge and agree that, prior to the
Effective Time, the Company’s measure of damages for a willful and material breach of this
Agreement by Parent or Acquisition Sub may include the loss of the economic benefits of the
transaction to Company Stockholders and other relief (including equitable relief), whether or not
this Agreement has been validly terminated pursuant to Article X.

-82-

 

     11.6 Severability. In the event that any provision of this Agreement, or the application
thereof, becomes or is declared by a court of competent jurisdiction to be illegal, void or
unenforceable, the remainder of this Agreement will continue in full force and effect and the
application of such provision to other persons or circumstances will be interpreted so as
reasonably to effect the intent of the parties hereto. The parties further agree to replace such
void or unenforceable provision of this Agreement with a valid and enforceable provision that will
achieve, to the extent possible, the economic, business and other purposes of such void or
unenforceable provision.

     11.7 Remedies.

          (a) Except as otherwise provided herein, any and all remedies herein expressly conferred upon
a party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or
by law or equity upon such party, and the exercise by a party of any one remedy will not preclude
the exercise of any other remedy.

          (b) The parties hereto hereby agree that irreparable damage would occur in the event that any
provision of this Agreement were not performed in accordance with its specific terms or were
otherwise breached, and that money damages or other legal remedies would not be an adequate remedy
for any such damages. Accordingly, the parties hereto acknowledge and hereby agree that in the
event of any breach or threatened breach by the Company, on the one hand, or Parent and/or
Acquisition Sub, on the other hand, of any of their respective covenants or obligations set forth
in this Agreement, the Company, on the one hand, and Parent and Acquisition Sub, on the other hand,
shall be entitled to an injunction or injunctions to prevent or restrain breaches or threatened
breaches of this Agreement, by the other (as applicable), and to specifically enforce the terms and
provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce
compliance with, the covenants and obligations of the other under this Agreement. The Company, on
the one hand, and Parent and Acquisition Sub, on the other hand hereby agree not to raise any
objections to the availability of the equitable remedy of specific performance to prevent or
restrain breaches or threatened breaches of this Agreement by such party (or parties), and to
specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened
breaches of, or to enforce compliance with, the covenants and obligations of such party (or
parties) under this Agreement.

     11.8 Governing Law. This Agreement shall be governed by and construed in accordance with
the laws of the State of Delaware, regardless of the laws that might otherwise govern under
applicable principles of conflicts of law thereof.

     11.9 Consent to Jurisdiction. Each of the parties hereto (a) irrevocably consents to the
service of the summons and complaint and any other process in any action or proceeding relating to
the transactions contemplated by this Agreement, for and on behalf of itself or any of its
properties or assets, in accordance with Section 11.2 or in such other manner as may be
permitted by applicable Law, and nothing in this Section 11.9 shall affect the right of any
party to serve legal process in any other manner permitted by applicable Law; (b) irrevocably and
unconditionally consents and submits itself and its properties and assets in any action or
proceeding to the exclusive jurisdiction of the Court of Chancery of the State of Delaware (or,
only if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a

-83-

 

particular matter, any federal court within the State of Delaware) in the event any dispute or
controversy arises out of this Agreement or the transactions contemplated hereby, or for
recognition and enforcement of any judgment in respect thereof; (c) agrees that it will not attempt
to deny or defeat such personal jurisdiction by motion or other request for leave from any such
court; (d) agrees that any actions or proceedings
arising in connection with this Agreement or the transactions contemplated hereby shall be
brought, tried and determined only in the Court of Chancery of the State of Delaware (or, only if
the Court of Chancery of the State of Delaware declines to accept jurisdiction over a particular
matter, any federal court within the State of Delaware); (e) waives any objection that it may now
or hereafter have to the venue of any such action or proceeding in any such court or that such
action or proceeding was brought in an inconvenient court and agrees not to plead or claim the
same; and (f) agrees that it will not bring any action relating to this Agreement or the
transactions contemplated hereby in any court other than the aforesaid courts. Each of Parent,
Acquisition Sub and the Company agrees that a final judgment in any action or proceeding in such
courts as provided above shall be conclusive and may be enforced in other jurisdictions by suit on
the judgment or in any other manner provided by applicable law.

     11.10 WAIVER OF JURY TRIAL. EACH OF PARENT, ACQUISITION SUB AND THE COMPANY HEREBY
IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER
BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS
OF PARENT, ACQUISITION SUB OR THE COMPANY IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND
ENFORCEMENT HEREOF.

     11.11 Company Disclosure Letter References. The parties hereto agree that the disclosure
set forth in any particular section or subsection of the Company Disclosure Letter shall be deemed
to be an exception to (or, as applicable, a disclosure for purposes of) (i) the representations and
warranties (or covenants, as applicable) of the Company that are set forth in the corresponding
section or subsection of this Agreement, and (ii) any other representations and warranties (or
covenants, as applicable) of the Company that are set forth in this Agreement, but in the case of
this clause (ii) only if the relevance of that disclosure as an exception to (or a disclosure for
purposes of) such other representations and warranties (or covenants, as applicable) is readily
apparent on the face of such disclosure.

     11.12 Counterparts. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective when one or more
counterparts have been signed by each of the parties and delivered to the other party, it being
understood that all parties need not sign the same counterpart.

[Remainder of Page Intentionally Left Blank]

-84-

 

     IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed by their
respective duly authorized officers to be effective as of the date first above written.

	 	 	 	 	 
	 	DELL INC.

 	 
	 	By:  	Christopher Kleiman
 	 
	 	 	Name:  	Christopher Kleiman 	 
	 	 	Title: VP, Corporate Development 	 
	 
	 	DELL TRINITY HOLDINGS CORP.

 	 
	 	By:  	Christopher Kleiman
 	 
	 	 	Name:  	Christopher Kleiman 	 
	 	 	Title:  	VP, Corporate Development 	 
	 
	 	3PAR INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[AGREEMENT AND PLAN OF MERGER]

 

 

     IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed by their
respective duly authorized officers to be effective as of the date first above written.

	 	 	 	 	 
	 	DELL INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	DELL TRINITY HOLDINGS CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	3PAR INC.

 	 
	 	By:  	David C. Scott
 	 
	 	 	Name:  	David C. Scott 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

[AGREEMENT AND PLAN OF MERGER]

 

 

ANNEX A

CONDITIONS TO THE OFFER

     Notwithstanding any other provisions of the Offer, but subject to compliance with the terms
and conditions of that certain Agreement and Plan of Merger, dated as of August 15, 2010 (the
“Agreement”) by and among Dell Inc., a Delaware corporation (“Parent”), Dell
Trinity Holdings Corp., a Delaware corporation and a wholly-owned subsidiary of Parent
(“Acquisition Sub”), and 3PAR Inc., a Delaware corporation (the “Company”)
(capitalized terms that are used but not otherwise defined in this Annex A shall have the
respective meanings ascribed thereto in the Agreement), and in addition to (and not in limitation
of) the obligations of Acquisition Sub to extend the Offer pursuant to the terms and conditions of
the Agreement, Acquisition Sub shall not be required to accept for payment or, subject to any
applicable rules and regulations of the SEC (including Rule 14e-1(c) promulgated under the Exchange
Act (relating to the obligation of Acquisition Sub to pay for or return tendered Company Shares
promptly after termination or withdrawal of the Offer)), pay for any Company Shares that are
validly tendered in accordance with the terms of the Offer and not withdrawn prior to the
expiration of the Offer in the event that, at or prior to the expiration of the Offer: (A) any
waiting period (and extensions thereof) applicable to the transactions contemplated by this
Agreement under the HSR Act shall not have expired or been terminated, and any clearances,
consents, approvals, orders and authorizations of Governmental Authorities required by the
Antitrust Laws of the jurisdictions set forth in Schedule A-1 to this Annex A shall
not have been obtained and/or any waiting periods (and extensions thereof) applicable to the
transactions contemplated by this Agreement under the Antitrust Laws of the jurisdictions set forth
in Schedule A-1 to this Annex A shall not have expired or been terminated
(collectively, the “Antitrust Approvals”); (B) the Minimum Condition shall not have been
satisfied; or (C) any of the following shall have occurred and continue to exist as of immediately
prior to the expiration of the Offer:

          (1) any Governmental Authority of competent jurisdiction shall have (i) enacted, issued or
promulgated any Law that is in effect as of immediately prior to the expiration of the Offer and
has the effect of making the consummation of the Offer or the Merger illegal or which has the
effect of prohibiting or otherwise preventing the consummation of the Offer or the Merger, or (ii)
issued or granted any Order that is in effect as of immediately prior to the expiration of the
Offer and has the effect of making the consummation of the Offer or the Merger illegal or which has
the effect of prohibiting or otherwise preventing the consummation of the Merger;

          (2) (i) any of the representations and warranties of the Company set forth in the Agreement
(other than those set forth in Sections 4.1, 4.2, 4.6, 4.7(b)-(c) and 4.26) shall
not be true and correct in all respects as of immediately prior to the expiration of the Offer with
the same force and effect as if made on and as of such date (unless such representation or warranty
expressly relates to an earlier date, in which case on and as of such earlier date), except for any
failure to be so true and correct which has not had and would not have, individually or in the
aggregate, a Company Material Adverse Effect, (ii) any of the representations and warranties set
forth in Sections 4.1, 4.2 and 4.26 shall not be true and correct in all material
respects as of

A-2

 

immediately prior to the expiration of the Offer with the same force and effect as if made on
and as of such date (unless such representation or warranty expressly relates to an earlier date,
in which case on and as of such earlier date), or (iii) any of the representations and warranties
set forth in Sections 4.6 and 4.7(b)-(c) shall not be true and correct in all
respects (other than inaccuracies that would not result in, (A) in the case of Section 4.6,
an increase in the aggregate value of the consideration payable in the Offer and the Merger, and
(B) in the case of Section 4.7(b)-(c), a cost to Parent, in excess of 2% of the aggregate
value of the consideration payable in the Offer and the Merger) as of immediately prior to the
expiration of the Offer with the same force and effect as if made on and as of such date (unless
such representation or warranty expressly relates to an earlier date, in which case on and as of
such earlier date); provided, however, that, for purposes of determining the accuracy of the
representations and warranties of the Company set forth in the Agreement for purposes of clauses
(i) and (ii) above, all materiality and “Company Material Adverse Effect” qualifications set forth
in such representations and warranties shall be disregarded;

          (3) the Company shall have failed to perform in all material respects the obligations that are
to be performed by it under the Agreement at or prior to the expiration of the Offer;

          (4) a Company Material Adverse Effect shall have arisen or occurred following the execution
and delivery of this Agreement that is continuing as of immediately prior to the expiration of the
Offer;

          (5) the Company shall have failed to furnish Parent with a certificate dated as of the date of
determination signed on its behalf by its Chief Executive Officer or Chief Financial Officer to the
effect that the conditions set forth in clauses (2), (3) and (4) shall have occurred and been
satisfied; or

          (6) the Agreement shall have been properly and validly terminated in accordance with its
terms.

A-3

 

Schedule A-1 to Annex A

Austria

Ukraine

A-4exv4w2

Exhibit 4.2

EXECUTION VERSION

 

TENDER AND VOTING AGREEMENT

Dated as of August 15, 2010

among

DELL INC.

DELL TRINITY HOLDINGS CORP.

and

THE PERSONS LISTED ON SCHEDULE I HERETO

 

 

 

Table of Contents

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I      Agreement to Tender and Vote; Irrevocable Proxy
	 	 	2	 
	Section 1.1. Agreement to Tender
	 	 	2	 
	Section 1.2. Agreement to Vote
	 	 	2	 
	 
	 	 	 	 
	ARTICLE II    Representations and Warranties of Each Company Stockholder
	 	 	4	 
	Section 2.1. Authority
	 	 	4	 
	Section 2.2. Ownership of Subject Shares; Total Shares
	 	 	4	 
	Section 2.3. Voting Power
	 	 	4	 
	Section 2.4. Consents and Approvals; No Violation
	 	 	5	 
	Section 2.5. No Finder’s Fees
	 	 	5	 
	Section 2.6. Acknowledgement
	 	 	5	 
	 
	 	 	 	 
	ARTICLE III   Representations and Warranties of Parent and Acquisition Sub
	 	 	6	 
	Section 3.1. Organization
	 	 	6	 
	Section 3.2. Corporate Authorization; Validity of Agreement; Necessary Action
	 	 	6	 
	Section 3.3. Consents and Approvals; No Violation
	 	 	6	 
	 
	 	 	 	 
	ARTICLE IV   Covenants of Each Company Stockholder
	 	 	7	 
	Section 4.1. Restriction on Transfer, Proxies, and Non-Interference
	 	 	7	 
	Section 4.2. Stop Transfer; Changes in Voting Shares
	 	 	7	 
	Section 4.3. Appraisal Rights
	 	 	8	 
	Section 4.4. Additional Securities
	 	 	8	 
	Section 4.5. Stockholder Capacity
	 	 	8	 
	Section 4.6. Documentation and Information
	 	 	8	 
	Section 4.7. No Solicitation
	 	 	8	 
	 
	 	 	 	 
	ARTICLE V    Termination
	 	 	9	 
	 
	 	 	 	 
	ARTICLE VI   Miscellaneous
	 	 	9	 
	Section 6.1. Governing Law; Jurisdiction; Waiver of Jury Trial
	 	 	9	 
	Section 6.2. Specific Performance
	 	 	10	 
	Section 6.3. Assignment; No Third Party Beneficiaries
	 	 	10	 
	Section 6.4. Amendments, Waivers, etc
	 	 	11	 
	Section 6.5. Notices
	 	 	11	 
	Section 6.6. Expenses
	 	 	12	 
	Section 6.7. Remedies
	 	 	12	 
	Section 6.8. Severability
	 	 	12	 
	Section 6.9. Entire Agreement
	 	 	12	 

i

 

	 	 	 	 	 
	 	 	Page	 
	Section 6.10. Further Assurances
	 	 	12	 
	Section 6.11. Section Headings
	 	 	12	 
	Section 6.12. Public Announcements
	 	 	12	 
	Section 6.13. Counterparts
	 	 	13	 

ii

 

TENDER AND VOTING AGREEMENT

     This TENDER AND VOTING AGREEMENT, dated as of August 15, 2010 (this “Agreement”), is
among Dell Inc., a Delaware corporation (“Parent”), Dell Trinity Holdings Corp., a Delaware
corporation and a wholly owned Subsidiary of Parent (“Acquisition Sub”), and the persons
listed on Schedule I hereto (collectively, the “Company Stockholders”).

     WHEREAS, as of the date hereof, each Company Stockholder is the record or “beneficial holder”
(as defined under Rule 13d-3 under the Exchange Act) of the number of shares of common stock (the
“Company Common Stock”), par value $0.001 per share, of 3PAR Inc., a Delaware corporation
(the “Company”), set forth opposite such Company Stockholder’s name on Schedule I
hereto (all such shares of Company Common Stock together with any shares of Company Common Stock
acquired by a Company Stockholder after the date hereof, the “Subject Shares”;
provided that Company Options beneficially owned by such Company Stockholder (“Subject
Options”) shall not be considered “Subject Shares” prior to their exercise, and shares of
Company Common Stock issued upon exercise of Subject Options shall be considered “Subject Shares”);

     WHEREAS, concurrently with the execution and delivery of this Agreement, Parent, Acquisition
Sub and the Company, are entering into an Agreement and Plan of Merger, dated as of the date hereof
(as it may be amended from time to time, the “Merger Agreement”; capitalized terms used
herein without definition shall have the respective meanings ascribed to them in the Merger
Agreement), pursuant to which, among other things, (a) Acquisition Sub will commence a
tender offer to purchase all of the outstanding shares of Company Common Stock (such offer as it
may be amended from time to time as permitted by the Merger Agreement, the “Offer”), and
(b) following the consummation of the Offer, Acquisition Sub will be merged with and into
the Company (the “Merger”), with the Company being the surviving corporation, all upon the
terms and subject to the conditions set forth in the Merger Agreement; and

     WHEREAS, as a condition to their willingness to enter into and perform its obligations under
the Merger Agreement, Parent and Acquisition Sub have requested that each Company Stockholder enter
into this Agreement, and each Company Stockholder has agreed to do so in order to induce Parent and
Acquisition Sub to enter into, and in consideration of their entering into, the Merger Agreement;

     NOW, THEREFORE, in consideration of the foregoing and of the representations, warranties,
covenants and agreements herein contained, and intending to be legally bound hereby, the parties
hereto agree as follows:

 

 

ARTICLE I

Agreement to Tender and Vote; Irrevocable Proxy.

     Section 1.1. Agreement to Tender.

     (a) Each Company Stockholder agrees that as promptly as practicable after the commencement of
the Offer, and in any event no later than the 10th Business Day following the
commencement of the Offer, such Company Stockholder shall tender into the Offer all of the Subject
Shares owned by such Company Stockholder on or prior to the 10th Business Day following
the commencement of the Offer, free and clear of all of all claims, liens, encumbrances and
security interests of any nature whatsoever that would prevent such Company Stockholder from
tendering his shares in accordance with this Agreement or otherwise complying with his obligations
under this Agreement. If any Company Stockholder acquires any Subject Shares after the
10th Business Day following the commencement of the Offer (including during any
subsequent offering period, if any), such Company Stockholder shall tender into the Offer such
Subject Shares within one Business Day following the date that such Company Stockholder shall
acquire such Subject Shares.

     (b) Each Company Stockholder agrees that once the Subject Shares are tendered into the Offer,
such Company Stockholder shall not withdraw the tender of such Subject Shares unless the Offer
shall have been terminated or shall have expired, in each case, in accordance with the terms of the
Merger Agreement or the Merger Agreement has been terminated.

     Section 1.2. Agreement to Vote.

     (a) From the date hereof until the termination of this Agreement in accordance with
Section 5.1, except to the extent waived in writing by Parent in its sole and absolute
discretion, at any meeting of the stockholders of the Company, however called, or at any
adjournment thereof, or in connection with any written consent of the stockholders of the Company
or in any other circumstances upon which a vote, consent or other approval of all or some of the
stockholders of the Company is sought, each Company Stockholder shall vote (or cause to be voted)
all of such Company Stockholder’s Subject Shares (to the extent the Subject Shares are not
purchased in the Offer) and any other shares of capital stock of the Company owned, beneficially or
of record, by such Company Stockholder during the term of this Agreement that are entitled to vote
at such meeting or in such written consent (collectively, the “Voting Shares”):
(a) in favor of adoption of the Merger Agreement; and (b) against the following
actions (other than the Merger and the transactions contemplated by the Merger Agreement):
(i) any Acquisition Proposal or Acquisition Transaction; (ii) any change in the
present capitalization of the Company or any amendment of the Company’s certificate of
incorporation or by-laws; and (iii) any other action, transaction or proposal involving the
Company or any of its Subsidiaries that is intended or would reasonably be expected to prevent,
nullify, impede, interfere with, frustrate, delay, postpone, discourage or

2

 

otherwise materially adversely affect the Offer, the Merger, the Merger Agreement, any of the
transactions contemplated by the Merger Agreement or this Agreement or the contemplated economic
benefits of any of the foregoing.

     (b) In the event that a meeting of the stockholders of the Company is held, each Company
Stockholder shall, or shall cause the holder of record of its Voting Shares on any applicable
record date to, appear at such meeting or otherwise cause its Voting Shares to be counted as
present thereat for purposes of establishing a quorum.

     (c) Each Company Stockholder shall not enter into any agreement or understanding with any
Person to vote or give instructions in any manner inconsistent with the terms of this Section
1.2.

     (d) EACH COMPANY STOCKHOLDER HEREBY IRREVOCABLY GRANTS TO AND APPOINTS JANET B. WRIGHT AND
LAWRENCE P. TU, IN THEIR RESPECTIVE CAPACITIES AS OFFICERS OF PARENT, AND ANY INDIVIDUAL WHO SHALL
HEREAFTER SUCCEED TO ANY SUCH OFFICE OF PARENT, AND EACH OF THEM INDIVIDUALLY, SUCH COMPANY
STOCKHOLDER’S PROXY AND ATTORNEY-IN-FACT (WITH FULL POWER OF SUBSTITUTION), FOR AND IN THE NAME,
PLACE AND STEAD OF SUCH COMPANY STOCKHOLDER, TO REPRESENT, VOTE AND OTHERWISE ACT (BY VOTING AT ANY
MEETING OF STOCKHOLDERS OF THE COMPANY, BY WRITTEN CONSENT IN LIEU THEREOF OR OTHERWISE) WITH
RESPECT TO THE VOTING SHARES OWNED OR HELD BY SUCH COMPANY STOCKHOLDER REGARDING THE MATTERS
REFERRED TO IN SECTION 1.2(a) HEREOF UNTIL THE TERMINATION OF THIS AGREEMENT, TO THE SAME
EXTENT AND WITH THE SAME EFFECT AS SUCH COMPANY STOCKHOLDER MIGHT OR COULD DO UNDER APPLICABLE LAW,
RULES AND REGULATIONS. THE PROXY GRANTED PURSUANT TO THIS SECTION 1.2(d) IS COUPLED WITH
AN INTEREST AND SHALL BE IRREVOCABLE. EACH COMPANY STOCKHOLDER WILL TAKE SUCH FURTHER ACTION AND
WILL EXECUTE SUCH OTHER INSTRUMENTS AS MAY BE NECESSARY TO EFFECTUATE THE INTENT OF THIS PROXY.
EACH COMPANY STOCKHOLDER HEREBY REVOKES ANY AND ALL PREVIOUS PROXIES OR POWERS OF ATTORNEY GRANTED
WITH RESPECT TO ANY OF THE VOTING SHARES THAT MAY HAVE HERETOFORE BEEN APPOINTED OR GRANTED WITH
RESPECT TO THE MATTERS REFERRED TO IN SECTION 1.2(a) HEREOF, AND NO SUBSEQUENT PROXY
(WHETHER REVOCABLE OR IRREVOCABLE) OR POWER OF ATTORNEY SHALL BE GIVEN BY SUCH COMPANY STOCKHOLDER,
EXCEPT AS REQUIRED BY ANY LETTER OF TRANSMITTAL IN CONNECTION WITH THE OFFER. THE PARTIES
ACKNOWLEDGE AND AGREE THAT NEITHER PARENT, NOR ANY OF ITS SUCCESSORS, ASSIGNS, AFFILIATES,
SUBSIDIARIES, EMPLOYEES, OFFICERS, DIRECTORS, STOCKHOLDERS, AGENTS OR OTHER REPRESENTATIVES, SHALL
INCUR ANY LIABILITY TO ANY STOCKHOLDER IN

3

 

CONNECTION WITH OR AS A RESULT OF ANY EXERCISE OF THE PROXY GRANTED TO PARENT PURSUANT TO THIS
SECTION 1.2(d), OTHER THAN FOR A BREACH OF THIS SECTION 1.2(d). NOTWITHSTANDING
THE FOREGOING, THIS PROXY SHALL TERMINATE UPON TERMINATION OF THIS AGREEMENT IN ACCORDANCE WITH ITS
TERMS.

ARTICLE II

Representations and Warranties of Each Company Stockholder

     Each Company Stockholder hereby severally, and not jointly, represents and warrants to Parent
and Acquisition Sub (as to such Company Stockholder) as follows:

     Section 2.1. Authority. Such Company Stockholder has all necessary legal capacity,
power, and authority to execute and deliver this Agreement and to consummate the transactions
contemplated by this Agreement. The execution and delivery of this Agreement by such Company
Stockholder and the consummation of the transactions contemplated by this Agreement have been duly
authorized by all necessary action on the part of such Company Stockholder and, assuming the due
authorization, execution, and delivery of this Agreement by Parent, Acquisition Sub and each other
Company Stockholder, this Agreement constitutes a legal, valid, and binding obligation of such
Company Stockholder, enforceable against such Company Stockholder in accordance with its terms.

     Section 2.2. Ownership of Subject Shares; Total Shares. As of the date hereof, such
Company Stockholder is the record or beneficial owner (as defined in Rule 13d-3 under the Exchange
Act) of, and has good title to, the Subject Shares listed beside such Company Stockholder’s name on
Schedule I attached hereto, free and clear of all claims, liens, encumbrances and security
interests of any nature whatsoever (including any restriction on the right to vote or otherwise
transfer such Subject Shares), except as provided hereunder or pursuant to any applicable
restrictions on transfer under the Securities Act. As of the date hereof, such Company Stockholder
does not own, beneficially or otherwise, any Shares, Company Options or other securities of the
Company other than as set forth opposite such Company Stockholder’s name in Schedule I
hereto.

     Section 2.3. Voting Power. Such Company Stockholder has sole voting power and sole
power to issue instructions with respect to the matters set forth in this Agreement, sole power of
disposition with respect to dispositions contemplated by this Agreement, and sole power to agree to
all of the matters set forth in this Agreement, in each case with respect to all of such Company
Stockholder’s Voting Shares, with no material limitations, qualifications, or restrictions on such
rights, subject only to applicable securities laws and the terms of this Agreement.

4

 

     Section 2.4. Consents and Approvals; No Violation. (i) Except as may be set
forth in the Merger Agreement (including, without limitation, filings as may be required under
applicable securities laws) and any filing required under Section 13 or 16 under the Exchange Act,
no filing with, and no permit, authorization, consent, or approval of, any Governmental Authority
is necessary for the execution of this Agreement by such Company Stockholder and the consummation
by such Company Stockholder of the transactions contemplated by this Agreement, and (ii)
none of the execution and delivery of this Agreement by such Company Stockholder, the consummation
by such Company Stockholder of the transactions contemplated by this Agreement or compliance by
such Company Stockholder with any of the provisions of this Agreement shall (A) conflict
with or result in any breach of the organizational documents, if applicable, of such Company
Stockholder, (B) result in a material violation or material breach of, or constitute (with
or without notice or lapse of time, or both) a default (or give rise to any third party right of
termination, cancellation, amendment, or acceleration) under any of the terms, conditions, or
provisions of any material note, bond, mortgage, indenture, license, contract, commitment,
arrangement, understanding, agreement, or other instrument or obligation of any kind to which such
Company Stockholder is a party, or (C) subject to compliance with filing requirements as
may be required under applicable securities laws, violate any order, writ, injunction, decree,
judgment, statute, rule, or regulation applicable to such Company Stockholder, except in each case
under clauses (A), (B) and (C), where the absence of filing or authorization, conflict, violation,
breach, or default would not materially impair or materially adversely affect the ability of such
Company Stockholder to perform such Company Stockholder’s obligations hereunder.

     Section 2.5. No Finder’s Fees. Except as contemplated by the Merger Agreement, no
broker, investment banker, financial advisor, or other person is entitled to any broker’s,
finder’s, financial advisor’s, or other similar fee or commission in connection with the
transactions contemplated by this Agreement based upon arrangements made by or on behalf of such
Company Stockholder.

     Section 2.6. Acknowledgement. Such Company Stockholder understands and acknowledges
that each of Parent and Acquisition Sub is entering into the Merger Agreement in reliance upon such
Company Stockholder’s execution, delivery and performance of this Agreement.

5

 

ARTICLE III

Representations and Warranties of Parent and Acquisition Sub

     Parent and Acquisition Sub hereby represent and warrant to the Company Stockholders as
follows:

     Section 3.1. Organization. Each of Parent and Acquisition Sub is a corporation duly
organized, validly existing, and in good standing under the laws of the jurisdiction of its
incorporation.

     Section 3.2. Corporate Authorization; Validity of Agreement; Necessary Action. Parent
and Acquisition Sub have the corporate power and authority to execute and deliver this Agreement
and to consummate the transactions contemplated by this Agreement. The execution and delivery of
this Agreement by Parent and Acquisition Sub and the consummation of the transactions contemplated
by this Agreement have been duly authorized by all necessary action on the part of Parent and
Acquisition Sub, and, assuming the due authorization, execution and delivery thereof by the Company
and each of the Company Stockholders, constitutes a valid and legally binding agreement of Parent
and Acquisition Sub enforceable against each of them in accordance with its terms.

     Section 3.3. Consents and Approvals; No Violation. (i) Except as may be set
forth in the Merger Agreement (including, without limitation, filings as may be required under
applicable securities laws) and any filing required under Section 13 or 16 under the Exchange Act,
no filing with, and no permit, authorization, consent, or approval of, any Governmental Authority
is necessary for the execution of this Agreement by each of Parent and Acquisition Sub and the
consummation by each of Parent and Acquisition Sub of the transactions contemplated by this
Agreement, and (ii) none of the execution and delivery of this Agreement by each of Parent
and Acquisition Sub, the consummation by each of Parent and Acquisition Sub of the transactions
contemplated by this Agreement or compliance by each of Parent and Acquisition Sub with any of the
provisions of this Agreement shall (A) conflict with or result in any breach of the
organizational documents Parent or Acquisition Sub, (B) result in a material violation or
material breach of, or constitute (with or without notice or lapse of time, or both) a default (or
give rise to any third party right of termination, cancellation, amendment, or acceleration) under
any of the terms, conditions, or provisions of any material note, bond, mortgage, indenture,
license, contract, commitment, arrangement, understanding, agreement, or other instrument or
obligation of any kind to which Parent or Acquisition Sub is a party, or (C) subject to
compliance with filing requirements as may be required under applicable securities laws, violate
any order, writ, injunction, decree, judgment, statute, rule, or regulation applicable to Parent or
Acquisition Sub, except in each case under clauses (A), (B) or (C), where the absence of filing or
authorization, conflict, violation, breach, or default would not materially impair or materially
adversely effect the ability of each of Parent and Acquisition Sub to perform its obligations
hereunder.

6

 

ARTICLE IV

Covenants of Each Company Stockholder

     Each Company Stockholder severally covenants and agrees as follows:

     Section 4.1. Restriction on Transfer, Proxies, and Non-Interference. Except as
contemplated by this Agreement or the Merger Agreement, during the period beginning from the
execution and delivery by the parties of this Agreement through the earlier of (1) the
Effective Time, (2) the termination of the Merger Agreement or (3) the termination
of this Agreement in accordance with Section 5.1, each Company Stockholder shall not
(i) directly or indirectly, offer for sale, sell, transfer, tender, pledge, encumber,
assign, or otherwise dispose of (each, a “Transfer”), or enter into any contract, option,
or other arrangement or understanding (including any profit sharing arrangement) with respect to
the Transfer of, any or all of such Company Stockholder’s Voting Shares, Subject Options, Company
RSUs or any other securities of the Company or any interest therein to any Person, other than
pursuant to the Merger Agreement or the Offer or in connection with the exercise of any Company
Options or vesting Company RSUs (it being understood and agreed that any shares of Company Common
Stock issued upon the exercise of Company Options or the vesting of Company RSUs shall be subject
to the restrictions set forth in this Section 4.1); (ii) grant any proxies or powers of
attorney, or any other authorization or consent with respect to any or all of such Company
Stockholder’s Voting Shares that could reasonably be expected to impede, interfere with or prevent
the Merger; (iii) deposit any of such Company Stockholder’s Voting Shares or Subject
Options into a voting trust or enter into a voting agreement with respect to any of such Company
Stockholder’s Voting Shares or Subject Options, other than pursuant to this Agreement or
(iv) take any action that would make any representation or warranty of such Company
Stockholder contained in this Agreement to be untrue or incorrect in any material respect or that
would reasonably be expected to have the effect of preventing or disabling or delaying such Company
Stockholder from performing such Company Stockholder’s obligations under this Agreement.

     Section 4.2. Stop Transfer; Changes in Voting Shares. Each Company Stockholder agrees
with, and covenants to, Parent and Acquisition Sub that (i) this Agreement and the
obligations hereunder shall attach to such Company Stockholder’s Voting Shares and Subject Options
and shall be binding upon any person or entity to which legal or beneficial ownership shall pass,
whether by operation of law or otherwise, including, without limitation, such Company Stockholder’s
successors or assigns and (ii) such Company Stockholder shall not request that the Company
register the transfer (book-entry or otherwise) of any certificate or uncertificated interest
representing any or all of the Company Stockholder’s Voting Shares or Subject Options, unless such
transfer is made in compliance with this Agreement. Notwithstanding any Transfer of Voting Shares
or Subject Options, the transferor shall remain liable for the performance of all of the
obligations of the Company Stockholder under this Agreement, except for any such Transfer pursuant
to the Merger Agreement or the Offer.

7

 

     Section 4.3. Appraisal Rights. Each Company Stockholder hereby waives any rights of
appraisal or rights to dissent from the Merger that such Company Stockholder may have (including,
without limitation, under Section 262 of the DGCL).

     Section 4.4. Additional Securities. In the event any Company Stockholder becomes the
record or beneficial owner of (i) any shares of Company Common Stock or any other
securities of the Company, (ii) any securities which may be converted into or exchanged for
such shares or other securities or (iii) any securities issued in replacement of, or as a
dividend or distribution on, or otherwise in respect of, such shares or other securities
(collectively, “Additional Securities”), the terms of this Agreement shall apply to any of
such Additional Securities as though owned by such Company Stockholder on the date of this
Agreement.

     Section 4.5. Stockholder Capacity. Each Company Stockholder enters into this
Agreement solely in its capacity as the record or beneficial owner of its Voting Shares. Nothing
contained in this Agreement shall limit the rights and obligations of any Company Stockholder, any
of its Affiliates, Representatives or any employee of any of its Affiliates in his or her capacity
as a director or officer of the Company, and the agreements set forth herein shall in no way
restrict any director or officer of the Company in the exercise of his or her fiduciary duties as a
director or officer of the Company.

     Section 4.6. Documentation and Information. Each Company Stockholder (i)
consents to and authorizes the publication and disclosure by Parent and its affiliates of its
identity and holding of such Company Stockholder’s Voting Shares and the nature of its commitments
and obligations under this Agreement in any announcement or disclosure required by the SEC or other
Governmental Authority, the Offer Documents, or any other disclosure document in connection with
the Offer, the Merger or any of the other transactions contemplated by the Merger Agreement or this
Agreement, and (ii) agrees promptly to give to Parent any information it may reasonably
require for the preparation of any such disclosure documents. Each Company Stockholder agrees to
promptly notify Parent of any required corrections with respect to any written information supplied
by it specifically for use in any such disclosure document, if and to the extent that any shall
have become false or misleading in any material respect.

     Section 4.7. No Solicitation. During the term of this Agreement, each Stockholder
agrees that it shall not (whether directly or indirectly through its advisors, agents or other
intermediaries), engage in any conduct prohibited by Section 6.2 of the Merger Agreement,
provided, however, that any such conduct by a Stockholder, or by an affiliate of
such Stockholder, who is an officer or director of the Company shall be deemed to have been engaged
in by such Stockholder, or such affiliate of such Stockholder, in his or her capacity as an officer
or director and any claim by Parent or any of its Affiliates in respect of such conduct shall first
be brought against the Company rather than directly against such Stockholder or such affiliate of
such Stockholder, and such Stockholder or such affiliate of such Stockholder shall only be pursued
directly if the Company is able to successfully argue

8

 

that the conduct was taken in such Stockholder’s or such affiliate of such Stockholder’s
capacity as a stockholder rather than as an officer or director.

ARTICLE V

Termination

     Section 5.1 This Agreement and the covenants and agreements set forth in this Agreement shall
automatically (without any further action of the parties) upon the earlier to occur of (i)
the termination of the Merger Agreement in accordance with its terms, (ii) the termination
or expiration of the Offer, without any shares being accepted for payment thereunder and
(iii) the Effective Time. In the event of termination of this Agreement pursuant to this
Section 5.1, this Agreement shall become void and of no effect with no liability on the
part of any party; provided, however, no such termination shall relieve any party
from liability for any breach hereof prior to such termination.

ARTICLE VI

Miscellaneous

     Section 6.1. Governing Law; Jurisdiction; Waiver of Jury Trial.

     (a) This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware, regardless of the laws that might otherwise govern under applicable principles of
conflicts of law thereof.

     (b) Each of the parties hereto (i) irrevocably consents to the service of the summons and
complaint and any other process in any action or proceeding relating to the transactions
contemplated by this Agreement, for and on behalf of itself or any of its properties or assets, in
accordance with Section 6.5 or in such other manner as may be permitted by applicable Law,
and nothing in this Section 6.1(b) shall affect the right of any party to serve legal
process in any other manner permitted by applicable Law; (ii) irrevocably and unconditionally
consents and submits itself and its properties and assets in any action or proceeding to the
exclusive jurisdiction of the Court of Chancery of the State of Delaware (or, only if the Court of
Chancery of the State of Delaware declines to accept jurisdiction over a particular matter, any
federal court within the State of Delaware) in the event any dispute or controversy arises out of
this Agreement or the transactions contemplated hereby, or for recognition and enforcement of any
judgment in respect thereof; (iii) agrees that it will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court; (iv) agrees that any actions
or proceedings arising in connection with this Agreement or the transactions contemplated hereby
shall be brought, tried and determined only in the Court of Chancery of the State of Delaware (or,
only if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a
particular matter, any federal court within the State of Delaware); (v) waives any objection that
it may now or

9

 

hereafter have to the venue of any such action or proceeding in any such court or that such
action or proceeding was brought in an inconvenient court and agrees not to plead or claim the
same; and (vi) agrees that it will not bring any action relating to this Agreement or the
transactions contemplated hereby in any court other than the aforesaid courts. Each of Parent,
Acquisition Sub and the Company Stockholders agrees that a final judgment in any action or
proceeding in such courts as provided above shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by applicable law.

     (c) EACH OF PARENT, ACQUISITION SUB AND THE COMPANY STOCKHOLDERS HEREBY IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT
OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF PARENT, ACQUISITION
SUB OR THE COMPANY STOCKHOLDERS IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT
HEREOF.

     Section 6.2. Specific Performance. Each Company Stockholder acknowledges and agrees
that (a) the covenants, obligations and agreements of such Company Stockholder contained in
this Agreement relate to special, unique and extraordinary matters, (b) Parent is and will
be relying on such covenants, obligations and agreements in connection with entering into the
Merger Agreement and the performance of Parent’s obligations under the Merger Agreement, and
(c) a violation of any of the covenants, obligations or agreements of such Company
Stockholder contained in this Agreement will cause Parent irreparable injury for which adequate
remedies are not available at law. Therefore, each Company Stockholder agrees that Parent shall be
entitled to an injunction, restraining order or such other equitable relief (without the
requirement to post bond) as a court of competent jurisdiction may deem necessary or appropriate to
restrain such Company Stockholder, as the case may be, from committing any violation of such
covenants, obligations or agreements and to specifically enforce the terms of this Agreement.
These injunctive remedies are cumulative and in addition to any other rights and remedies Parent
may have under applicable law.

     Section 6.3. Assignment; No Third Party Beneficiaries. This Agreement shall not be
assignable or otherwise transferable by a party without the prior consent of the other parties, and
any attempt to so assign or otherwise transfer this Agreement without such consent shall be void
and of no effect; provided, however, that Parent may, in its sole discretion,
assign or transfer all or any of its rights, interests and obligations under this Agreement to any
direct or indirect wholly owned subsidiary of Parent, but no such assignment shall relieve Parent
from its obligations under this Agreement. This Agreement shall be binding upon the respective
heirs, successors, legal representatives and permitted assigns of the parties hereto. Nothing in
this Agreement shall be construed as giving any Person, other than the parties hereto and their
heirs, successors, legal representatives and

10

 

permitted assigns, any right, remedy or claim under or in respect of this Agreement or any
provision hereof.

     Section 6.4. Amendments, Waivers, etc. Neither this Agreement nor any term hereof may
be amended other than by an instrument in writing signed by Parent, Acquisition Sub and the Company
Stockholders. No provision of this Agreement may be waived, discharged or terminated other than by
an instrument in writing signed by the party against whom the enforcement of such waiver, discharge
or termination is sought, except that this Agreement may be terminated as set forth in Section
5.1.

     Section 6.5. Notices. All notices, requests and other communications to any party
hereunder shall be in writing and shall be deemed given if delivered either personally, by
facsimile transmission (with acknowledgment received), by electronic mail (with receipt confirmed)
or by overnight courier (providing proof of delivery) to the parties at the following addresses:

     If to the Company Stockholders: At the address set forth beside each Company Stockholder’s
name listed on Schedule I.

               If to Parent or Acquisition Sub, to:

	 	 	 

	 

	 	Dell Inc.
	 

	 	One Dell Way, RR1-33
	 

	 	Round Rock, Texas 78682-8033
	 

	 	Attention: Janet B. Wright
	 

	 	Facsimile No.: (512) 283-0544

               with a copy (which shall not constitute notice)
to:

	 	 	 

	 

	 	Dell_Corporate_Legal_Notices@Dell.com

               and

	 	 	 

	 

	 	Debevoise & Plimpton LLP
	 

	 	919 Third Avenue
	 

	 	New York, NY 10022
	 

	 	Attention: Jeffrey J. Rosen and Kevin A. Rinker
	 

	 	Facsimile: (212) 909-6836

or such other address, facsimile number or email address as such party may hereafter specify by
notice to the other parties hereto. All such notices, requests and other communications shall be
deemed received on the date of receipt by the recipient thereof if received prior to 5 P.M. in the
place of receipt and such day is a Business Day in the place of receipt. Otherwise, any such
notice, request or communication shall be deemed not to have been received until the next
succeeding Business Day in the place of receipt.

11

 

     Section 6.6. Expenses. Except as otherwise provided herein, all costs and expenses
incurred in connection with the transactions contemplated by this Agreement shall be paid by the
party incurring such costs and expenses.

     Section 6.7. Remedies. No failure or delay by any party in exercising any right,
power or privilege under this Agreement shall operate as a waiver thereof nor shall any single or
partial exercise thereof preclude any other or further exercise thereof or the exercise of any
other right, power or privilege. The rights and remedies provided herein shall be cumulative and
not exclusive of any rights or remedies provided by law.

     Section 6.8. Severability. If any term or provision of this Agreement is held to be
invalid, illegal, incapable of being enforced by any rule of law, or public policy, or
unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to
achieve the intent of the parties hereto to the maximum extent possible. In any event, the
invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall not
affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or
the validity or enforceability of this Agreement, including that provision, in any other
jurisdiction. Upon such determination that any term or other provision is invalid, illegal or
incapable of being enforced, the parties hereto shall negotiate in good faith to modify this
Agreement so as to effect the original intent of the parties as closely as possible in a mutually
acceptable manner in order that the terms of this Agreement remain as originally contemplated to
the fullest extent possible.

     Section 6.9. Entire Agreement. This Agreement constitutes the entire agreement among
the parties with respect to the subject matter of this Agreement and supersedes all other prior
agreements and understandings, both written and oral, between the parties with respect to the
subject matter of this Agreement.

     Section 6.10. Further Assurances. From time to time at the request of Parent, and
without further consideration, each Company Stockholder shall execute and deliver or cause to be
executed and delivered such additional documents and instruments and take all such further action
as may be reasonably necessary or desirable to effect the matters contemplated by this Agreement.

     Section 6.11. Section Headings. The article and section headings used in this
Agreement are inserted for convenience of reference only and are not intended to be part of or to
affect the meaning or interpretation of this Agreement.

     Section 6.12. Public Announcements. No Company Stockholder shall issue any press
release or make any other public statement with respect to the transactions contemplated by this
Agreement and the Merger Agreement without the prior written consent of Parent, except as such
release or statement may be required by applicable Law or the rules and regulations of any
applicable United States securities exchange or regulatory or Governmental Authority to which the
relevant Company Stockholder is subject or submits.

12

 

     Section 6.13. Counterparts. This Agreement may be executed in two or more
counterparts, each of which when executed shall be deemed to be an original but all of which taken
together shall constitute one and the same agreement. Delivery of an executed counterpart of a
signature page to this Agreement by telecopier shall be effective as delivery of a manually
executed counterpart of this Agreement.

[SIGNATURE PAGES FOLLOW]

13

 

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
above written.

	 	 	 	 	 
	 	DELL INC.

 	 
	 	By:  	/s/ Janel B. Wright
 	 
	 	 	Name:  	Janel B. Wright 	 
	 	 	Title:  	VP and Assistant Secretary 	 
	 
	 	DELL TRINITY HOLDINGS CORP.

 	 
	 	By:  	/s/ Janel B. Wright
 	 
	 	 	Name:  	Janel B. Wright 	 
	 	 	Title:  	VP and Assistant Secretary 	 
	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

DAVID AND LEYLA SCOTT REVOCABLE
 LIVING TRUST DATED
MARCH 26, 2007

 	 
	 	By:  	/s/ David Scott
 	 
	 	 	David Scott, Trustee 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

SCOTT FAMILY IRREVOCABLE TRUST
 DATED MARCH 26, 2007

 	 
	 	By:  	/s/ David Scott
 	 
	 	 	David Scott, Trustee 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

 	 
	 	  	/s/ David Scott
 	 
	 	 	David Scott 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

PRICE FAMILY TRUST

UDT DATED DECEMBER 26, 2001

 	 
	 	By:  	/s/ Jeffrey Price
 	 
	 	 	Jeffrey Price, Trustee 	 
	 	 	 	 
	 	By:  	
/s/ Melinda Price
 	 
	 	 	Name:  	Melinda Price                                         	 
	 	 	Title:  	Trustee 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

 	 
	 	  	/s/ Jeffrey Price
 	 
	 	 	Jeffrey Price 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

MENLO VENTURES IX, L.P.

	 
	 	By:  	
 MV Management, L.L.C.
 	 
	 	  	Its:
General Partner

 	 
	 	By:  	/s/ Mark Siegel
 	 
	 	 	Mark Siegel, Managing Director 	 
	 	 	 	 
	 
	 	MENLO ENTREPRENEURS FUND IX, L.P.

	 
	 	By:  	
 MV Management, L.L.C.
 	 
	 	  	Its:
General Partner

 	 
	 	By:  	/s/ Mark Siegel
 	 
	 	 	Mark Siegel, Managing Director 	 
	 	 	 	 
	 
	 	MMEF IX, L.P.

	 
	 	By:  	
 MV Management, L.L.C.
 	 
	 	  	Its:
General Partner

 	 
	 	By:  	/s/ Mark Siegel
 	 
	 	 	Mark Siegel, Managing Director 	 
	 	 	 	 
	 
	 	MENLO ENTREPRENEURS
FUND IX (A), L.P.

	 	By:  	
 MV Management, L.L.C.
 	 
	 	  	Its:
General Partner

 	 
	 	By:  	/s/ Mark Siegel
 	 
	 	 	Mark Siegel, Managing Director 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

WORLDVIEW TECHNOLOGY

PARTNERS II, LP.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC. the General Partner of

Worldview Capital II, L.P., the General

Partner of Worldview Technology

Partners II, L.P. 	 
	 
	 	

WORLDVIEW TECHNOLOGY

INTERNATIONAL II, LP.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC. the General Partner of

Worldview Capital II, L.P., the General

Partner of Worldview Technology

International II, L.P. 	 
	 
	 	

WORLDVIEW STRATEGIC

PARTNERS II, L.P.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC. the General Partner of

Worldview Capital II, L.P., the General

Partner of Worldview Strategic

Partners II, L.P. 	 

[Signature Page to Tender and Voting Agreement]

 

 

	 	 	 	 	 
	 	COMPANY STOCKHOLDERS:

WORLDVIEW TECHNOLOGY

PARTNERS IV, L.P.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC, the General Partner of

Worldview Capital IV, L.P., the General

Partner of Worldview Technology

Partners IV, L.P. 	 
	 
	 	

WORLDVIEW TECHNOLOGY

INTERNATIONAL IV. L.P.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC, the General Partner of

Worldview Capital IV, L.P., the General

Partner of Worldview Technology

International IV, L.P. 	 
	 
	 	

WORLDVIEW STRATEGIC

PARTNERS IV. L.P.

 	 
	 	By:  	/s/ James Wei
 	 
	 	 	James Wei. Member. Worldview 	 
	 	 	Equity I, LLC, the General Partner of

Worldview Capital IV, L.P., the General

Partner of Worldview Strategic

Partners IV, L.P. 	 
	 

[Signature Page to Tender and Voting Agreement]

 

 

SCHEDULE I

	 	 	 	 	 
	 	 	Shares of	 	 
	Company Stockholder	 	Company	 	Other Securities
	(Name and Address)	 	Common Stock	 	of the Company
	David C. Scott

c/o 3PAR Inc.

4209 Technology Drive

Fremont, California 94538

E-mail: david.scott@3par.com

	 	2,252,0231
	 	1,110,4452
	 
	 	 	 	 
	Jeffrey A. Price

c/o 3PAR Inc.

4209 Technology Drive

Fremont, California 94538

E-mail: jeff.price@3par.com

	 	887,4653
	 	524,7074
	 
	 	 	 	 
	Entities affiliated with Menlo Ventures

3000 Sand Hill Road

Building 4, Suite 100

Menlo Park, California 94025

Attention: Mark A. Siegel

Facsimile: (650) 854-7059

E-mail: mark@menloventures.com

	 	9,371,3615
	 	—
	 
	 	 	 	 
	Entities affiliated with Worldview Technology Partners

2207 Bridgepointe Parkway, Suite 100

San Mateo, California 94404

Attention: James Wei

Facsimile: (650) 322-3880

E-mail: jwei@worldview.com

	 	8,382,0586
	 	—

 

			
	1	 	Consists of 2,185,841 shares held of record by Mr. Scott
and his wife as trustees of the David and Leyla Scott Revocable Living Trust
dated March 26, 2007, and 66,182 shares held of record by the Scott Family
Irrevocable Trust dated March 26, 2007.
	 
	2	 	Consists of options to purchase 976,195 shares of
Company Common Stock and 134,250 shares of Company Common Stock underlying
restricted stock units.
	 
	3	 	Consists of 887,465 shares held of record by Mr. Price
and his wife as trustees of the Price Family Trust UDT dated December 26, 2001.
With respect to such shares, Mr. Price and his wife have shared voting power
and shared power to issue instructions with respect to the matters set forth in
this Agreement, shared power of disposition with respect to dispositions
contemplated by this Agreement, and shared power to agree to all of the matters
set forth in this Agreement.
	 
	4	 	Consists of options to purchase 465,957 shares of
Company Common Stock and 58,750 shares of Company Common Stock underlying
restricted stock units.
	 
	5	 	Includes 8,877,767 shares held of record by Menlo
Ventures IX, L.P., 292,965 shares held of record by Menlo Entrepreneurs Fund
IX, L.P., 164,055 shares held of record by MMEF IX, L.P., and 36,574 shares
held of record by Menlo Entrepreneurs Fund IX (A), L.P.
	 
	6	 	Includes 3,493,387 shares held of record by Worldview
Technology Partners II, L.P., 3,138,019 shares held of record by Worldview
Technology Partners IV, L.P., 1,069,404 shares held of record by Worldview
Technology International II, L.P.,
509,804 shares held of record by Worldview
Technology International IV, L.P., 148,289 shares held of record by Worldview
Strategic Partners II, L.P., and 23,155 shares held of record by Worldview
Strategic Partners IV, L.P.

Schedule I-1

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