Document:

EXHIBIT
4.4

       

      
        	 	 	 
	
                

              	
                 

              	
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    TERMS
AND CONDITIONS OF THE NOKIA RESTRICTED SHARE PLAN 2008

    

    

    
      	
              1.

            	
              Purpose
      and Scope of the Plan

            

    

     

    The purpose of the
Nokia Restricted Share Plan 2008 is to recruit, retain, reward and motivate
selected key talent employees, employees with high potential, and critical
employees. This Plan is also intended to promote share ownership of these key
employees. To accomplish these objectives Nokia may grant eligible Nokia Group
employees Nokia Shares under this Plan.

     

    The Plan may result
to a grant of a maximum of 4 000 000 Restricted Shares. The Board
determines the general guidelines under the Plan and approves the grants to
eligible employees within its authorities. Grants of Restricted Shares under
these terms and conditions may be made between January 1, 2008 and December 31,
2008, inclusive.

     

    
      	
              2. 

            	
              Definitions

            

    

     

    Board:
Board of Directors of Nokia Corporation.

     

    Grant
Amount: The number of Restricted Shares granted to a
Participant.

     

    Nokia:
Nokia Corporation.

     

    Participant:
Employee of Nokia Group who has received a grant of Restricted Shares under the
Plan.

     

    Plan:
Restricted Share Plan 2008 of Nokia.

     

    Restricted
Share/Shares: The Grant Amount consists of Restricted Shares. Each
Restricted Share represents a right to receive certain number of Shares or its
cash equivalent upon settlement subject to the fulfillment of these terms and
conditions and provided that no other restriction related to these terms and
conditions is applicable.

     

    Restriction
Period: Period after which the Shares shall be settled to the
Participant. The Restriction Period shall be no less than 3 years from the date
when the Restricted Shares were granted to the Participant.

     

    Settlement
Date: A banking day in Helsinki, Finland falling as soon as practicable
after the end of the Restriction Period, as determined by Nokia.

     

    Share/Shares:
Nokia ordinary shares. What is said about Shares in these terms and conditions,
shall apply (as applicable) to the cash equivalent of the Shares used for
settlement.

     

    
      	
              3. 

            	
              Grant
      of Restricted Shares

            

    

     

    At grant, each
Participant is offered a Grant Amount of Restricted Shares. Nokia will notify
each Participant of the grant.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	 	 	 
	
                

              	
                 

              	
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    As a precondition
for a valid grant, the Participant has to be employed by Nokia at the time of
the grant. The Participant may be required to give Nokia such authorizations and
consents, as Nokia deems necessary in order to administer the Plan.

     

    
      	
              4. 

            	
              Restriction
      Period

            

    

     

    The Shares shall be
settled to the Participant after the end of the Restriction Period. The end of
the Restriction Period shall be specified to the Participant in the grant
communication.

     

    During the
Restriction Period, the Participant does not have any legal ownership or any
other rights relating to the Shares. The Participant shall not be entitled to
any dividend or have any voting rights or any other rights as a shareholder to
the Shares until and unless the Shares have been transferred to the
Participant.

     

    
      	
              5. 

            	
              Settlement

            

    

     

    On the Settlement
Date Nokia will complete the settlement of the Shares by transferring the
applicable number of Shares or their cash equivalent  to the
Participant’s book-entry, brokerage or other bank account, provided that the
Participant has complied with these terms and conditions and performed all the
necessary actions to enable Nokia to instruct the settlement. If the Participant
has not performed all necessary actions to enable Nokia to instruct the
settlement, Nokia may, in its sole discretion, sell the Shares on behalf of the
Participant and remit the proceeds to the Participant.

     

    Nokia may, at its
sole discretion, use for the settlement of Shares one or more of the following:
newly issued Shares, Nokia’s own existing Shares (treasury Shares), Shares
purchased from the open market, or, in lieu of Shares, cash
settlement.

     

    The participants
shall not be entitled to any dividend or have any voting rights or any other
shareholder rights until and unless the Shares have been transferred to the
Participant.

     

    
      	
              6. 

            	
              Changes
      in Employment

            

    

     

    If the employment
of the Participant with Nokia Group terminates prior to the end of the
Restriction Period by the reason of early retirement, retirement, permanent
disability (as defined by Nokia at its sole discretion), or death, the
Participant retains the right to settlement. In case of death of the Participant
prior to the end of the Restriction Period, Nokia has the right to settle the
Restricted Shares at the Grant Amount prior to the end of the Restriction
Period. If made, such special settlement will constitute full and final
settlement of that Restricted Share grant.

     

    If the employment
of the Participant terminates prior to the end of the Restriction Period by any
other reason than those mentioned above, Nokia is entitled to redeem the
Restricted Share grant from the Participant without consideration, in which case
the Participant shall not be entitled to any settlement under the
Plan.

     

    In cases of
voluntary and/or statutory leave of absence of the Participant, Nokia has the
right to defer the end of the Restriction Period or prorate the settlement of
Restricted Shares.

     

    
      	
              7. 

            	
              Breach
      of the Terms and Conditions

            

    

     

    The Participant
shall comply with these terms and conditions, as well as any instructions given
by Nokia regarding the Plan from time to time. If the Participant breaches these
terms and conditions and/or any

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	 	 	 
	
                

              	
                 

              	
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    instructions given
by Nokia, Nokia may at its discretion at any time prior to settlement rescind
the grant of Restricted Shares.

     

    
      	
              8. 

            	
              Terms
      of Employment

            

    

     

    The grant or
settlement of Restricted Shares does not constitute a term or a condition of the
Participant’s employment contract with Nokia under applicable local laws. The
Restricted Shares do not form a part of the Participant’s salary or benefit of
any kind.

     

    
      	
              9. 

            	
              Taxes
      and other Obligations

            

    

     

    The Participants
are personally responsible for all taxes and social security charges associated
with the Restricted Share grants and Shares delivered upon settlement. This
includes responsibility for any and all tax liabilities in multiple countries,
if the Participant has resided in more than one country during the Restriction
Period. The Participants are advised to consult their own financial and tax
advisers (at their own expense) before accepting the grant in order to verify
their tax position.

     

    The Participants
are also responsible for any potential charges debited by financial institutions
in connection with the settlement of the Restricted Shares or any subsequent
transactions related to the Shares.

     

    Pursuant to
applicable laws, Nokia is or may be required or may deem appropriate to withhold
taxes, social security charges or fulfill employment related or other
obligations upon the grant or settlement of Restricted Shares, or when Shares
are disposed of by the Participants. Nokia shall have the right to determine how
such collection, withholding or other measures will be arranged or carried out,
including but not limited to a settlement of a net amount remaining after the
completion of such measures or a potential sale of the Shares on behalf of the
Participants for the completion of such measures.

     

    
      	
              10. 

            	
              Validity
      of these Terms and Conditions

            

    

     

    These terms and
conditions shall become valid and effective upon the approval by the Board. The
Board may at any time amend, modify or terminate these terms and conditions. The
Board may make such a resolution in its absolute discretion at any
time.

     

    Such action by the
Board may also, as in each case is determined by the Board affect the Restricted
Share grants that are then outstanding, but not settled.

     

    
      	
              11. 

            	
              Administration

            

    

     

    The Plan shall be
administered on behalf of Nokia by the Board. Nokia has the authority to
interpret these terms and conditions, approve such other rules and procedures
and take such other measures, as it deems necessary or appropriate for the
administration of the Plan. Such action may also affect the Restricted Share
grants that are then outstanding, but not settled.

     

    Nokia has the right
to determine the practical manner of administration and settlement of the
Restricted Shares, including but not limited to the acquiring, issuance, sale,
and transfer of the Shares or their cash equivalent to the Participant.
Furthermore, Nokia has the right to require from the Participant the submission
of such information or contribution that is necessary for the administration and
settlement of the Restricted Share grants.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	 	 	 
	
                

              	
                 

              	
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              12. 

            	
              Governing
      Law

            

    

     

    These terms and
conditions are governed by Finnish laws. Disputes arising out of these terms and
conditions shall be settled by arbitration in Helsinki, Finland, in accordance
with the Arbitration Rules of the Finnish Central Chamber of
Commerce.

     

    
      	
              13. 

            	
              Processing
      of Personal Data

            

    

     

    Nokia has the right
to transfer globally within Nokia Group and/or to an agent of Nokia Group any of
the personal data required for the administration of the Plan and the settlement
of the Restricted Share grants. The personal data may be administered and
processed by either Nokia or an agent authorized by Nokia in the future. The
Participant is entitled to request access to data referring to the Participant’s
person, held by Nokia or its agent, and to request amendment or deletion of such
data in accordance with applicable laws, statutes or regulations. In order to
exercise these rights, the Participant must contact Nokia Corporate Legal
department in Espoo, Finland.

     

     

     

     

     

     

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	 	 	 
	
                

              	
                 

              	
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    SUPPLEMENT
TO THE GRANT OF RESTRICTED SHARES UNDER

     THE
NOKIA RESTRICTED SHARE PLAN 2008 IN USA

     

    Amendments
to the Nokia Restricted Share Plan 2008

     

    For purposes of
Section 409A of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), the Nokia Restricted
Share Plan 2008 (“Plan”)
is amended, effective as of March 19, 2008, by adding the following “Code
Section 409A Schedule” to the Plan.

     

    “Code Section 409A
Schedule”

     

    Notwithstanding
anything in the terms and conditions of the Plan (“Plan Rules”) to the contrary,
effective as of March 19, 2008, the Plan Rules are amended as set forth in this
Code Section 409A Schedule in order to avoid adverse or unintended tax
consequences to Participants under Section 409A of the Code, and the applicable
rules and regulations thereunder.  The provisions of this Code Section
409A Schedule shall apply to grants that could potentially be subject to Section
409A of the Code and shall supersede the other Plan Rules to the extent
necessary to eliminate inconsistencies between this Code Section 409A Schedule
and such other Plan Rules.

     

    1.           In
no event shall the Settlement Date occur later than the last banking day of the
calendar year in which the Restriction Period ends.

     

    2.           In
cases of voluntary and/or statutory leave of absence of the Participant, the
length of which exceeds the threshold determined for the relevant type of leave
in the applicable HR policy at the time of the leave, Nokia will prorate and
settle the Participant’s Restricted Shares after the end of the Restriction
Period on the Settlement Date.

     

    3.           If
a Participant’s employment terminates prior to the end of the Restriction Period
by reason of retirement, early retirement, or permanent disability, the
Participant will retain the right to settlement of the Restricted Shares at the
end of the Restriction Period on the Settlement Date.  If a
Participant’s employment terminates due to death, Nokia will settle the
Restricted Shares at the Grant Amount prior to the end of the Restriction Period
in the second month of the calendar quarter following the date of the
Participant’s death.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	 	 	 
	
                

              	
                 

              	
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        4.           If
any Plan Rule or grant document contravenes any regulations or guidance
promulgated under Section 409A of the Code or could cause any granted Restricted
Shares to be subject to taxes, interest or penalties under Section 409A of the
Code, Nokia may, in its sole discretion and without the Participant’s consent,
modify the Plan Rules or grant documents to: (i)
comply with, or avoid being subject to, Section 409A of the Code, (ii) avoid the
incurrence of additional taxes, interest or penalties under Section 409A of the
Code, and (iii) maintain, to the maximum extent practicable, the original intent
of the applicable Plan Rule or provision without contravening the provisions of
Section 409A of the Code.

      

    

     

    *  *  *  *  *

     

    Except as set forth
herein, the Nokia Restricted Share Plan 2008 remains in full force and
effect.EX-4.2

 

Exhibit 4.2

 

 

AGREEMENT AND PLAN OF MERGER

among

NOKIA INC.,

NORTH ACQUISITION CORP.

And

NAVTEQ CORPORATION

Dated as of October 1, 2007

 

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	ARTICLE I

DEFINITIONS

	 
	 	 	 	 
	SECTION 1.01 Definitions
	 	 	1	 
	SECTION 1.02 Interpretation and Rules of Construction
	 	 	7	 
	 
	 	 	 	 
	ARTICLE II

THE MERGER

	 
	 	 	 	 
	SECTION 2.01 The Merger
	 	 	8	 
	SECTION 2.02 Closing
	 	 	8	 
	SECTION 2.03 Effective Time
	 	 	8	 
	SECTION 2.04 Effect of the Merger
	 	 	8	 
	SECTION 2.05 Certificate of Incorporation; Bylaws
	 	 	8	 
	SECTION 2.06 Directors and Officers
	 	 	9	 
	 
	 	 	 	 
	ARTICLE III

MERGER CONSIDERATION; EXCHANGE OF SHARES

	 
	 	 	 	 
	SECTION 3.01 Exchange of Shares
	 	 	9	 
	SECTION 3.02 Options; Performance Shares; Restricted Shares
	 	 	10	 
	SECTION 3.03 Dissenting Shares
	 	 	11	 
	SECTION 3.04 Payment and Exchange of Certificates and Book-Entry Shares
	 	 	12	 
	SECTION 3.05 Stock Transfer Books
	 	 	13	 
	 
	 	 	 	 
	ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

	 
	 	 	 	 
	SECTION 4.01 Organization and Qualification; Subsidiaries
	 	 	14	 
	SECTION 4.02 Company Governing Documents
	 	 	14	 
	SECTION 4.03 Capitalization
	 	 	14	 
	SECTION 4.04 Authority Relative to This Agreement
	 	 	15	 
	SECTION 4.05 No Conflict; Required Filings and Consents
	 	 	16	 
	SECTION 4.06 Permits; Compliance
	 	 	17	 
	SECTION 4.07 SEC Filings; Financial Statements
	 	 	17	 
	SECTION 4.08 Absence of Certain Changes or Events
	 	 	18	 
	SECTION 4.09 Absence of Litigation
	 	 	19	 
	SECTION 4.10 Employee Benefit Plans
	 	 	19	 
	SECTION 4.11 Labor and Employment Matters
	 	 	21	 
	SECTION 4.12 Proxy Statement
	 	 	22	 
	SECTION 4.13 Real Property
	 	 	23	 
	SECTION 4.14 Intellectual Property
	 	 	23	 
	SECTION 4.15 Taxes
	 	 	27	 

i

 

	 	 	 	 	 
	 	 	Page	 
	SECTION 4.16 Environmental Matters
	 	 	28	 
	SECTION 4.17 Material Contracts
	 	 	28	 
	SECTION 4.18 Customers and Suppliers
	 	 	30	 
	SECTION 4.19 Insurance
	 	 	30	 
	SECTION 4.20 Certain Business Practices
	 	 	30	 
	SECTION 4.21 Brokers
	 	 	30	 
	SECTION 4.22 Anti-Takeover Provisions
	 	 	31	 
	SECTION 4.23 Fairness Opinion
	 	 	31	 
	SECTION 4.24 No Other Representations and Warranties
	 	 	31	 
	 
	 	 	 	 
	ARTICLE V

REPRESENTATIONS AND WARRANTIES OF PARENT AND PURCHASER

	 
	 	 	 	 
	SECTION 5.01 Corporate Organization
	 	 	31	 
	SECTION 5.02 Purchaser
	 	 	31	 
	SECTION 5.03 Authority Relative to This Agreement
	 	 	31	 
	SECTION 5.04 No Conflict; Required Filings and Consents
	 	 	32	 
	SECTION 5.05 Financing
	 	 	32	 
	SECTION 5.06 Proxy Statement
	 	 	33	 
	SECTION 5.07 Brokers
	 	 	33	 
	SECTION 5.08 Other Agreements or Understandings
	 	 	33	 
	SECTION 5.09 No Other Representations and Warranties
	 	 	33	 
	 
	 	 	 	 
	ARTICLE VI

CONDUCT OF BUSINESS PENDING THE MERGER

	 
	 	 	 	 
	SECTION 6.01 Conduct of Business by the Company Pending the Merger
	 	 	33	 
	 
	 	 	 	 
	ARTICLE VII

ADDITIONAL AGREEMENTS

	 
	 	 	 	 
	SECTION 7.01 Proxy Statement
	 	 	36	 
	SECTION 7.02 Stockholders’ Meeting
	 	 	36	 
	SECTION 7.03 Access to Information; Confidentiality
	 	 	37	 
	SECTION 7.04 No Solicitation of Transactions
	 	 	37	 
	SECTION 7.05 Employee Benefits Matters
	 	 	39	 
	SECTION 7.06 Directors’ and Officers’ Indemnification and Insurance
	 	 	40	 
	SECTION 7.07 Notification of Certain Matters
	 	 	42	 
	SECTION 7.08 Further Action; Commercially Reasonable Best Efforts
	 	 	42	 
	SECTION 7.09 Public Announcements
	 	 	43	 
	SECTION 7.10 Confidentiality Agreement
	 	 	44	 
	 
	 	 	 	 
	ARTICLE VIII

CONDITIONS TO THE MERGER

	 
	 	 	 	 
	SECTION 8.01 Conditions to Each Party’s Obligation to Effect the Merger
	 	 	44	 
	SECTION 8.02 Additional Conditions to the Obligations of Parent and Purchaser
	 	 	45	 
	SECTION 8.03 Additional Conditions to the Obligations of the Company
	 	 	46	 

ii

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	ARTICLE IX

TERMINATION, AMENDMENT AND WAIVER

	 
	 	 	 	 
	SECTION 9.01 Termination
	 	 	47	 
	SECTION 9.02 Effect of Termination
	 	 	48	 
	SECTION 9.03 Fees
	 	 	48	 
	SECTION 9.04 Amendment
	 	 	49	 
	SECTION 9.05 Waiver
	 	 	49	 
	 
	 	 	 	 
	ARTICLE X

GENERAL PROVISIONS

	 
	 	 	 	 
	SECTION 10.01 Notices
	 	 	50	 
	SECTION 10.02 Severability
	 	 	51	 
	SECTION 10.03 No Third Party Beneficiaries
	 	 	51	 
	SECTION 10.04 Entire Agreement
	 	 	51	 
	SECTION 10.05 Successors and Assigns
	 	 	51	 
	SECTION 10.06 Specific Performance
	 	 	52	 
	SECTION 10.07 Governing Law
	 	 	52	 
	SECTION 10.08 Waiver of Trial by Jury
	 	 	52	 
	SECTION 10.09 Disclosure Schedule
	 	 	53	 
	SECTION 10.10 No Survival of Representations and Warranties
	 	 	53	 
	SECTION 10.11 Attorneys’ Fees
	 	 	53	 
	SECTION 10.12 Counterparts
	 	 	53	 
	SECTION 10.13 Nokia Guaranty
	 	 	53	 

iii

 

          AGREEMENT AND PLAN OF MERGER, dated as of October 1, 2007 (this “Agreement”), among
NOKIA INC., a Delaware corporation (“Parent”), NORTH ACQUISITION CORP., a Delaware
corporation and a wholly owned subsidiary of Parent (“Purchaser”), NAVTEQ CORPORATION, a
Delaware corporation (the “Company”), and solely for purposes of Section 7.08 and Article
X, NOKIA CORPORATION, a corporation organized and existing under the laws of the Republic of
Finland (“Nokia”).

          WHEREAS, the respective boards of directors of Parent, Purchaser and the Company have each
determined that it is in the best interests of their respective stockholders for Parent to acquire
the Company upon the terms and subject to the conditions set forth herein;

          WHEREAS, in furtherance of such acquisition, the respective boards of directors of Parent,
Purchaser and the Company have each approved this Agreement and declared its advisability and
approved the merger of Purchaser with and into the Company (the “Merger”) in accordance
with the General Corporation Law of the State of Delaware (the “DGCL”), and on the terms
and subject to the conditions set forth herein;

          WHEREAS, the Company is entering into this Agreement, in part, in reliance on the guarantee of
Nokia set forth in Section 10.13 hereof; and

          WHEREAS, Parent, Purchaser and the Company desire to make certain representations, warranties,
covenants and agreements in connection with this Agreement.

          NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements
herein contained, and intending to be legally bound hereby, Parent, Purchaser and the Company
hereby agree as follows:

ARTICLE I

DEFINITIONS

          SECTION 1.01 Definitions. (a) For purposes of this Agreement:

          “affiliate” of a specified person means a person who, directly or indirectly through
one or more intermediaries, controls, is controlled by, or is under common control with, such
specified person.

          “Board” means the Board of Directors of the Company.

          “Business Day” means any day on which the principal offices of the SEC in Washington,
D.C. are open to accept filings, or, in the case of determining a date when any payment is due, any
day (other than a Saturday or Sunday) on which (i) banks are not required or authorized to close in
the City of New York and (ii) the Trans-European Automated Real-time Gross settlement Express
Transfer System is not closed.

          “Company Licensed Intellectual Property” means any and all Intellectual Property owned
by a third person and licensed to the Company or a Subsidiary.

 

 

          “Company Owned Intellectual Property” means any and all Intellectual Property that is
owned by the Company or the Subsidiaries.

          “Company Products” means all products and services (including Software) sold, licensed
out or distributed by the Company or any of the Subsidiaries.

          “Company Registered Intellectual Property” means the patent, trademark, copyright and
Internet domain name applications and registrations filed in the name of the Company or any of the
Subsidiaries or otherwise owned by the Company or any of the Subsidiaries.

          “Competing Transaction” means any of the following: (i) any merger, amalgamation,
consolidation, share exchange, business combination, recapitalization, liquidation, dissolution or
other similar transaction involving the Company or any Material Subsidiary, (ii) any sale, lease,
exchange, transfer or other disposition by the Company or any of its subsidiaries of 20% or more of
the consolidated assets of the Company and its subsidiaries, (iii) any issuance or sale by the
Company or any Material Subsidiary of securities (including warrants or other rights to purchase,
or securities convertible into, such securities) representing 20% or more of the Shares outstanding
or 20% or more of any class of equity securities of any Material Subsidiary or (iv) any tender
offer or exchange offer that, if consummated, would result in any person beneficially owning 20% or
more of the Shares outstanding; provided, however, that the term “Competing
Transaction” shall not include (A) the Merger or (B) any merger, amalgamation, consolidation, share
exchange, business combination, recapitalization, liquidation, dissolution or other similar
transaction solely among the Company and one or more of its subsidiaries or among its subsidiaries.

          “control” (including the terms “controlled by” and “under common control
with”) means the possession, directly or indirectly, or as trustee or executor, of the power to
direct or cause the direction of the management and policies of a person, whether through the
ownership of voting securities, as trustee or executor, by contract or credit arrangement or
otherwise.

          “Environmental Laws” means any United States federal, state, local or non-United
States Law relating to (i) releases or threatened releases of Hazardous Substances or materials
containing Hazardous Substances; (ii) the manufacture, handling, transport, use, treatment, storage
or disposal of Hazardous Substances or materials containing Hazardous Substances; or (iii)
pollution or protection of the environment, health, safety or natural resources.

          “Hazardous Substances” means (i) those substances defined in or regulated under the
following United States federal statutes and their state counterparts, as each may be amended from
time to time, and all regulations thereunder: the Hazardous Materials Transportation Act, the
Resource Conservation and Recovery Act, the Comprehensive Environmental Response, Compensation and
Liability Act, the Clean Water Act, the Safe Drinking Water Act, the Atomic Energy Act, the Federal
Insecticide, Fungicide, and Rodenticide Act and the Clean Air Act; (ii) petroleum and petroleum
products, including crude oil and any fractions thereof; (iii) natural gas, synthetic gas, and any
mixtures thereof; (iv) polychlorinated biphenyls, asbestos and radon; and (v) any other
contaminant, substance, material or waste regulated by any Governmental Authority pursuant to any
Environmental Law.

2

 

          “Indebtedness” means, with respect to any person, (i) all indebtedness of such person,
whether or not contingent, for borrowed money; (ii) all obligations of such person evidenced by
notes, bonds, debentures or other similar instruments; (iii) all obligations of such person as
lessee under leases that have been or should be, in accordance with U.S. GAAP, recorded as capital
leases; (iv) all obligations, contingent or otherwise, of such person under letter of credit or
similar facilities; (v) all Indebtedness of others referred to in clauses (i) through (iv) above
guaranteed directly or indirectly in any manner by such person, or in effect guaranteed directly or
indirectly by such person.

          “Intellectual Property” means (i) patents, patent applications and invention
registrations of any type, (ii) trademarks, service marks, domain names, trade dress, logos, trade
names, corporate names and other source identifiers, and registrations and applications for
registration thereof, (iii) copyrightable works, copyrights, and registrations and applications for
registration thereof, (iv) Software and (v) information that is confidential and proprietary,
including trade secrets and know-how.

          “knowledge of the Company” means the actual knowledge of Judson C. Green, David B.
Mullen, Denise M. Doyle, Lawrence M. Kaplan, Jason S. Rice, Christine C. Moore, Christopher
Schwarz, Steven Collins and Christopher Rothey.

          “Licenses” mean (i) licenses of Intellectual Property by the Company or a Subsidiary
to third persons, (ii) licenses of Intellectual Property by third persons to the Company or a
Subsidiary, and (iii) agreements between the Company or a Subsidiary and third persons relating to
the development or use of Intellectual Property.

          “Material Adverse Effect” means, when used with respect to the Company or any
Subsidiary, any event, circumstance, change or effect (each, an “Effect”) that,
individually or in the aggregate with any other events, circumstances, changes and effects, is or
would reasonably be expected to be materially adverse to the business, financial condition, assets,
liabilities or results of operations of the Company and the Subsidiaries taken as a whole;
provided, however, that any Effect arising out of or resulting from the following
shall not be taken into account in determining whether a Material Adverse Effect has occurred: (i)
conditions (or changes therein) in the U.S. or global economy or capital or financial or securities
markets generally, including changes in interest or exchange rates, in each case that do not have a
materially disproportionate effect (relative to other industry participants) on the Company or its
Subsidiaries, (ii) changes in applicable Law, U.S. GAAP or general business, tax, regulatory or
political conditions that, in each case, generally affect the countries, geographic regions,
markets (including disruptions and fluctuations in the conditions of the automotive and consumer
electronics markets) or industries in which the Company and its Subsidiaries conduct their
respective businesses, in each case that do not have a materially disproportionate effect (relative
to other industry participants) on the Company or its Subsidiaries, (iii) changes in the market
price or trading volume of the Shares in and of itself (but not the underlying cause of such change
or the effects therefrom), (iv) the execution, announcement, pendency or performance of this
Agreement and the Merger and the other transactions contemplated by this Agreement or the
consummation of the Merger and the other transactions contemplated by this Agreement, (v) any
failure by the Company to meet analyst estimates or expectations of the Company’s revenue, earnings
or other financial performance or results of operations for any period, or any failure by the
Company to meet its

3

 

internal budgets, plans or forecasts of its financial performance (but, in each case, not the
underlying cause of such failure or the effects therefrom), (vi) acts of war, armed hostilities, or
terrorism, or any escalation or worsening of any such acts of war, armed hostilities, or terrorism
under way as of the date of this Agreement, (vii) any action taken pursuant to this Agreement or at
the request or with the consent of any of Parent, Purchaser or any of their subsidiaries or any
failure to take action due to the restrictions set forth in this Agreement with respect to which
Parent has refused, after receipt of a written request from the Company, to give consent or grant a
waiver, or (viii) any adverse Effect arising out of or resulting from any legal claims or other
proceedings made by any of the Company’s stockholders arising out of or related to this Agreement,
the Merger or the other transactions contemplated by this Agreement.

          “Material Subsidiary” means the Subsidiaries and NAV2 Co., Ltd.

          “Nokia Share” means a share of Nokia, no nominal value, or an American Depositary
Share representing Nokia Share, as the case may be.

          “Open Source” means any Software that is subject to license terms and conditions
meeting the criteria listed at http://www.opensource.org/docs/definition.php and including
licenses listed at http://opensource.org/licenses/ as of the date hereof or that is subject
to any similar license terms.

          “person” means an individual, corporation, partnership, limited partnership, limited
liability company, syndicate, person (including, a “person” as defined in Section 13(d)(3) of the
Exchange Act), trust, association or entity or government, political subdivision, agency or
instrumentality of a government.

          “Software” means computer software, programs and databases in any form, including
Source Code, object code, Internet web sites, web content and links, all versions, updates,
corrections, enhancements, and modifications thereof, and all related documentation.

          “Source Code” means computer software and code, in a form other than object code form,
including related programmer comments and annotations, which may be printed out or displayed in
human readable form, but excludes html displayed with web pages.

          “Subsidiaries” means the subsidiaries of the Company listed in Section 1.01(a) of the
Disclosure Schedule.

          “Superior Proposal” means an unsolicited bona fide written offer or proposal made by a
third person and received by the Company with respect to a Competing Transaction which the Board
determines in good faith, after consultation with its financial advisors and outside legal counsel
and after taking into account all terms and conditions of the offer (on its most recently amended
and modified terms, if amended and modified), and any other factors that the Board determines to be
appropriate, is reasonably capable of being consummated and would, if consummated in accordance
with its terms, result in a transaction more favorable to the Company’s stockholders than the
Merger (taking into account any proposal by Parent to amend the terms of the Merger or this
Agreement pursuant to Section 7.04). For purposes of the definition of “Superior Proposal,” each
reference to 20% in the definition of “Competing Transaction” shall be replaced with “more than
50%.”

4

 

          “Taxes” shall mean any and all taxes, fees, levies, duties, tariffs, imposts and other
similar charges of any kind (together with any and all interest, penalties, additions to tax and
additional amounts imposed with respect thereto) imposed by any Governmental Authority or taxing
authority, including: taxes or other charges on or with respect to income, franchise, windfall or
other profits, gross receipts, property, sales, use, capital stock, payroll, employment, social
security, workers’ compensation, unemployment compensation or net worth; taxes or other charges in
the nature of excise, withholding, ad valorem, stamp, transfer, value-added or gains taxes;
license, registration and documentation fees; and customers’ duties, tariffs and similar charges.

          “Tax Return” shall mean any return, declaration, report, statement, information
statement or other document filed or required to be filed by any person, or with respect to such
person or required to include such person, with respect to Taxes, including any claims for refunds
of Taxes, any information returns and any amendments or supplements of any of the foregoing.

          (b) The following terms have the meaning set forth in the Sections set forth below:

	 	 	 	 	 
	Defined Term	 	Location of Definition
	 
	 	 	 	 
	Acceptable Confidentiality Agreement

	 	 
	 	§ 7.04(c)
	Action

	 	 	 	§ 4.09
	Agreement

	 	 	 	Preamble
	Bylaws

	 	 	 	§ 2.05(b)
	Certificate of Incorporation

	 	 	 	§ 2.05(a)
	Certificate of Merger

	 	 	 	§ 2.03
	Certificates

	 	 	 	§ 3.04(b)
	CFIUS

	 	 	 	§ 7.08(a)
	CFIUS Filing

	 	 	 	§ 7.08(a)
	Change in the Board Recommendation

	 	 	 	§ 7.04(d)
	Closing

	 	 	 	§ 2.02
	Closing Date

	 	 	 	§ 2.02
	Code

	 	 	 	§ 3.04(b)(iii)
	Company

	 	 	 	Preamble
	Company Equity Awards

	 	 	 	§ 4.03(a)
	Company Equity Plans

	 	 	 	§ 3.02(a)
	Company Governing Documents

	 	 	 	§ 4.02
	Company Preferred Stock

	 	 	 	§ 4.03(a)
	Company Required Vote

	 	 	 	§ 7.04(c)
	Confidentiality Agreement

	 	 	 	§ 7.03(b)
	Contaminants

	 	 	 	§ 4.14(i)
	Data Room

	 	 	 	§ 4.02
	DGCL

	 	 	 	Recitals
	Disclosure Schedule

	 	 	 	Article IV
	Dissenting Shares

	 	 	 	§ 3.03(a)
	D&O Insurance

	 	 	 	§ 7.06(c)

5

 

	 	 	 	 	 
	Defined Term	 	Location of Definition
	 
	 	 	 	 
	EC Merger Regulation

	 	 	 	§ 4.05(b)(iv)
	Effect

	 	 	 	§ 1.01(a)
	Effective Time

	 	 	 	§ 2.03
	Environmental Permits

	 	 	 	§ 4.16(e)
	Equity Exchange Ratio

	 	 	 	§ 3.02(b)
	ERISA

	 	 	 	§ 4.10(a)(i)
	Exchange Act

	 	 	 	§ 3.02(d)
	Exon-Florio Provision

	 	 	 	§ 4.05(b)(iii)
	Fairness Opinion

	 	 	 	§ 4.23
	FCPA

	 	 	 	§ 4.20
	Fee

	 	 	 	§ 9.03(a)
	Foreign Antitrust Condition

	 	 	 	§ 8.01(d)(iii)
	Governmental Authority

	 	 	 	§ 4.05(b)
	HSR Act

	 	 	 	§ 4.05(b)(ii)
	Indemnified Parties

	 	 	 	§ 7.06(a)
	Indemnified Party

	 	 	 	§ 7.06(a)
	Intellectual Property Contracts

	 	 	 	§ 4.14(a)
	IRS

	 	 	 	§ 4.10(a)
	Law

	 	 	 	§ 4.05(a)(ii)
	Material Contracts

	 	 	 	§ 4.17(a)
	Merger

	 	 	 	Recitals
	Merger Consideration

	 	 	 	§ 3.01(b)
	Multiemployer Plan

	 	 	 	§ 4.10(b)
	Multiple Employer Plan

	 	 	 	§ 4.10(b)
	Nokia

	 	 	 	Preamble
	Non-U.S. Benefit Plan

	 	 	 	§ 4.10(f)
	Option

	 	 	 	§ 3.02(a)
	Outside Date

	 	 	 	§ 9.01(b)(i)
	Parent

	 	 	 	Preamble
	Paying Agent

	 	 	 	§ 3.04(a)
	Payment Fund

	 	 	 	§ 3.04(a)
	Performance Share Unit

	 	 	 	§ 3.02(b)
	Permits

	 	 	 	§ 4.06
	Plans

	 	 	 	§ 4.10(a)
	Proxy Statement

	 	 	 	§ 4.12
	Purchaser

	 	 	 	Preamble
	Restraints

	 	 	 	§ 8.01(b)
	Restricted Share Unit

	 	 	 	§ 3.02(c)
	SEC

	 	 	 	§ 3.02(e)
	SEC Reports

	 	 	 	§ 4.07(a)
	Securities Act

	 	 	 	§ 4.07(a)(i)
	Share or Shares

	 	 	 	§ 3.01(b)
	Stockholders’ Meeting

	 	 	 	§ 7.02
	Surviving Corporation

	 	 	 	§ 2.04
	Top Customers

	 	 	 	§ 4.17(a)(ii)

6

 

	 	 	 	 	 
	Defined Term	 	Location of Definition
	 
	 	 	 	 
	Top Vendors

	 	 	 	§ 4.17(a)(ii)
	Uncertificated Shares

	 	 	 	§ 3.04(b)
	U.S. GAAP

	 	 	 	§ 4.07(b)
	WARN

	 	 	 	§ 4.10(i)
	Warrants

	 	 	 	§ 4.03(a)

          SECTION 1.02 Interpretation and Rules of Construction. In this Agreement, except to
the extent otherwise provided or that the context otherwise requires:

          (a) when a reference is made in this Agreement to an Article, Section, sub-Section, Exhibit,
Annex or Schedule, such reference is to the corresponding Article, Section or sub-Section of, or an
Exhibit, Annex or Schedule to, this Agreement unless otherwise indicated;

          (b) the table of contents and headings for this Agreement are for reference purposes only and
do not affect in any way the meaning or interpretation of this Agreement;

          (c) whenever the words “include”, “includes” or “including” are used in this Agreement, they
are deemed to be followed by the words “without limitation”;

          (d) the words “hereof”, “herein” and “hereunder” and words of similar import, when used in
this Agreement, refer to this Agreement as a whole and not to any particular provision of this
Agreement;

          (e) all terms defined in this Agreement have the defined meanings when used in any certificate
or other document made or delivered pursuant hereto, unless otherwise defined therein;

          (f) the definitions contained in this Agreement are applicable to the singular as well as the
plural forms of such terms;

          (g) any Law defined or referred to herein or in any agreement or instrument that is referred
to herein means such Law or statute as from time to time amended, modified or supplemented,
including by succession of comparable successor Laws;

          (h) references to a person are also to its successors and permitted assigns;

          (i) the use of “or” is not intended to be exclusive unless expressly indicated otherwise; and

          (j) the masculine gender shall include the feminine and neuter genders; the feminine gender
shall include the masculine and neuter genders; and the neuter gender shall include the masculine
and feminine genders.

The parties hereto agree that any rule of construction to the effect that ambiguities are to be
resolved against the drafting party shall not be applied in the construction or interpretation of
this Agreement.

7

 

ARTICLE II

THE MERGER

          SECTION 2.01 The Merger. Upon the terms and subject to the conditions of this Agreement
and in accordance with the applicable provisions of the DGCL, at the Effective Time (as defined
below), Purchaser shall be merged with and into the Company.

          SECTION 2.02 Closing. The closing of the Merger (the “Closing”) shall take
place at 10:00 a.m. on a date to be specified by the parties (the “Closing Date”), which
shall be no later than the fifth Business Day after satisfaction or waiver of the conditions set
forth in Article VIII (other than those conditions that by their terms are to be satisfied at the
Closing, but subject to the satisfaction or waiver of those conditions), at the offices of Shearman
& Sterling LLP, 599 Lexington Avenue, New York, New York 10022, unless another date or place shall
be agreed to in writing by the parties hereto.

          SECTION 2.03 Effective Time. As soon as practicable on the Closing Date, the
parties shall file a certificate of merger (the “Certificate of Merger”) with the Secretary
of State of the State of Delaware, in such form as is required by, and executed in accordance with,
the relevant provisions of the DGCL and the parties shall make all other filings or recordings
required under the DGCL. The Merger shall become effective at such time as the Certificate of
Merger is duly filed with the Secretary of State of the State of Delaware, or at such other time as
Parent and the Company shall agree and shall specify in the Certificate of Merger (the time the
Merger becomes effective being the “Effective Time”).

          SECTION 2.04 Effect of the Merger. As a result of the Merger, following the
Effective Time, the separate corporate existence of Purchaser shall cease and the Company shall
continue as the surviving corporation of the Merger (the “Surviving Corporation”). At the
Effective Time, the effect of the Merger shall be as provided in the applicable provisions of the
DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective
Time, all the property, rights, privileges, powers and franchises of the Company and Purchaser
shall vest in the Surviving Corporation, and all debts, liabilities, obligations, restrictions,
disabilities and duties of the Company and Purchaser shall become the debts, liabilities,
obligations, restrictions, disabilities and duties of the Surviving Corporation.

          SECTION 2.05 Certificate of Incorporation; Bylaws. (a) At the Effective Time,
the Certificate of Incorporation of Purchaser, as in effect immediately prior to the Effective
Time, shall be the Certificate of Incorporation of the Surviving Corporation (the “Certificate
of Incorporation”) until thereafter amended as provided by Law and such Certificate of
Incorporation; provided, however, that, at the Effective Time, Article I of the
Certificate of Incorporation of the Surviving Corporation shall be amended to read as follows:
“The name of the corporation is NAVTEQ Corporation.”

          (b) Unless otherwise determined by Parent prior to the Effective Time, at the Effective Time,
the bylaws of Purchaser, as in effect immediately prior to the Effective Time, shall be the bylaws
of the Surviving Corporation (the “Bylaws”) until thereafter amended as provided by Law,
the Certificate of Incorporation and such Bylaws.

8

 

          SECTION 2.06 Directors and Officers. The directors of Purchaser immediately prior
to the Effective Time shall be the initial directors of the Surviving Corporation, each to hold
office in accordance with the Certificate of Incorporation and Bylaws, and the officers of
Purchaser immediately prior to the Effective Time shall be the initial officers of the Surviving
Corporation, in each case until their respective successors are duly elected or appointed and
qualified or until the earlier of their death, resignation or removal. Prior to the Effective
Time, the Company shall take all actions necessary to obtain any resignations of its directors in
their capacities as such, and not in their capacities as employees (if applicable), necessary to
give effect to the provisions of this Section 2.06.

ARTICLE III

MERGER CONSIDERATION; EXCHANGE OF SHARES

          SECTION 3.01 Exchange of Shares. At the Effective Time, by virtue of the Merger and
without any action on the part of Purchaser, the Company or the holders of any of the following
securities:

          (a) Capital Stock of Purchaser. Each share of common stock, par value $0.01 per
share, of Purchaser issued and outstanding immediately prior to the Effective Time shall be
converted into and exchanged for one validly issued, fully paid and nonassessable share of common
stock, par value $0.01 per share, of the Surviving Corporation with the same rights, powers and
privileges as the shares so converted and shall constitute the only issued and outstanding shares
of capital stock of the Surviving Corporation.

          (b) Capital Stock of the Company. Subject to the other provisions of Article III,
each share of common stock of the Company, par value $0.001 per share (each, a “Share”, and
collectively, the “Shares”), issued and outstanding immediately prior to the Effective Time
(other than any Dissenting Shares (as hereinafter defined)) shall be converted automatically into
the right to receive seventy eight dollars ($78.00) in cash, without interest (the “Merger
Consideration”). All such Shares, when so converted, shall cease to be outstanding and shall
automatically be cancelled and cease to exist. Each holder of a certificate or book-entry share
formerly representing any such converted Shares (other than Dissenting Shares) shall cease to have
any rights with respect thereto, except the right to receive the Merger Consideration.

          (c) Warrants of the Company. Each warrant to acquire Shares that is issued and
outstanding immediately prior to the Effective Time shall, upon exercise thereof in accordance with
its terms, entitle the holder thereof to receive solely the Merger Consideration with respect to
each Share issuable upon the exercise of such warrant.

          (d) Treasury Shares. Each Share held in the treasury of the Company and each Share
owned by any direct or indirect wholly-owned Subsidiary of the Company immediately prior to the
Effective Time shall be cancelled without any conversion thereof and no payment or distribution
shall be made with respect thereto.

          (e) Impact of Stock Splits, Etc. In the event of any change in the number of Shares,
or securities convertible or exchangeable into or exercisable for Shares (including Options),
issued and outstanding between the date of this Agreement and the Effective Time by

9

 

reason of any stock split (including a reverse split), stock dividend or distribution,
subdivision, reclassification, recapitalization, combination, merger, issuer tender or exchange
offer, or other similar transaction, the Merger Consideration to be paid for each Share as provided
in this Agreement shall be equitably adjusted to effect such change and, as so adjusted, shall from
and after the date of such event be the Merger Consideration.

          SECTION 3.02 Options; Performance Shares; Restricted Shares.

          (a) Options. Effective as of the Effective Time, the Company shall take all necessary
action, including using its reasonable best efforts to obtain the consent of the individual option
holders, if necessary, to cancel, at the Effective Time, each outstanding option to purchase Shares
(each, an “Option”) granted under the equity based compensation plans listed in Section
4.10(a) of the Disclosure Schedule (the “Company Equity Plans”), or otherwise that is
outstanding and unexercised, whether or not vested or exercisable, as of such date. Each holder of
an Option that is outstanding and unexercised at the Effective Time and who has, if necessary,
consented to the cancellation of such holder’s Options, shall, to the extent permitted by
applicable Law, be entitled to be paid by the Surviving Corporation, with respect to each Share
subject to the Option, an amount in cash equal to the excess, if any, of the Merger Consideration
over the applicable per Share exercise price of such Option, less such amounts as are required to
be withheld or deducted under the Code or any provision of U.S. state or local Tax or social
insurance Law with respect to the making of such payment.

          (b) Performance Share Units. Effective as of the Effective Time, except as otherwise
provided in this Agreement, each then outstanding performance-based restricted share unit granted
by the Company based on Shares (a “Performance Share Unit”), for which achievement against
the applicable performance criteria will not have been evaluated and applied prior to the Effective
Time by the Company in accordance with the terms of the relevant Company Equity Plan as in effect
on the date hereof to determine the actual number of restricted share units granted, shall be
converted automatically into Performance Share Units with respect to a number of Nokia Shares (and
otherwise subject to the terms of the Company Equity Plans, and the agreements evidencing grants
thereunder) equal to the product of (A) one hundred fifty percent (150%) of the number of Shares
subject to the original Performance Share Units that were granted (or, for performance-based
restricted share units where the original Performance Share Units were granted at the maximum
number of Performance Share Units that could be granted at the highest performance level, seventy
five percent (75%) of the number of Shares subject to the original Performance Share Units that
were granted) and (B) multiplied by the ratio of the value of the per share Merger Consideration to
the value of the closing price for a Nokia Share on the Business Day immediately prior to the
Effective Time (such ratio, the “Equity Exchange Ratio”), provided that any
fractional Nokia Shares resulting from such multiplication shall be rounded up to the nearest whole
share.

          (c) Restricted Share Units. Effective as of the Effective Time, each then outstanding
time-based restricted share unit granted by the Company based on Shares and each then outstanding
Performance Share Unit for which the achievement against the applicable performance criteria had
already been evaluated and applied prior to the Effective Time by the Company in accordance with
the terms of the relevant Company Equity Plan as in effect on the date hereof to determine the
actual number of restricted share units that comprise each such

10

 

Performance Share Unit (each, a “Restricted Share Unit”) shall be converted
automatically into Restricted Share Units with respect to a number of Nokia Shares (and otherwise
subject to the terms of the Company Equity Plans, and the agreements evidencing grants thereunder)
equal to the product of the number of Shares subject to the Restricted Share Units and the Equity
Exchange Ratio, provided that any fractional Nokia Shares resulting from such
multiplication shall be rounded up to the nearest whole share.

          (d) Company Approvals. The Company shall take all necessary action to approve the
disposition of the Options, Performance Share Units and Restricted Share Units in connection with
the Merger to the extent necessary to exempt such dispositions and acquisitions under Rule 16b-3 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

          (e) Nokia Actions. Nokia shall take all action reasonably necessary or appropriate to
have available for issuance or transfer a sufficient number Nokia Shares for delivery upon
settlement of the Performance Share Units and the Restricted Share Units. As promptly as
reasonably practicable after the Effective Time, Nokia shall prepare and file with the Securities
and Exchange Commission (the “SEC”) a registration statement on Form S-8 registering a
number of Nokia Shares necessary to fulfill its obligations under this Section 3.02.

          (f) Performance Share and Restricted Share Unit Cashout. Notwithstanding anything in
Section 3.02(b) or Section 3.02(c) to the contrary, in the event that Parent, in its sole
discretion, determines that it is not in the best interests of the Company, Parent or a holder of a
Performance Share Unit or Restricted Share Unit, to have either Parent or Nokia assume a
Performance Share Unit or Restricted Share Unit, then Parent shall, no later than 30 days prior to
the Effective Time, determine that such Performance Share Unit or Restricted Share Unit shall, at
the Effective Time, immediately lapse and be free of any forfeiture restrictions whatsoever and be
converted into a right to receive the Merger Consideration for each underlying Share, less such
amounts as are required to be withheld or deducted under the Code or any provision of U.S. state or
local Tax or social insurance law with respect to the making of such payment. Notwithstanding
anything to the contrary in this Section 3.02(f), Parent or Nokia shall use their respective
commercially reasonable efforts to effectuate any conversion of Performance Share Units in a manner
that will not give rise to adverse tax consequences or penalties to the holders thereof under
Section 409A of the Code.

          SECTION 3.03 Dissenting Shares. (a) Notwithstanding any provision of this
Agreement to the contrary, Shares that are outstanding immediately prior to the Effective Time and
that are held by stockholders who shall have neither voted in favor of the Merger nor consented
thereto in writing and who shall have demanded properly in writing appraisal for such Shares and
otherwise complied in all other respects with Section 262 of the DGCL (collectively, the
“Dissenting Shares”) shall not be converted into, or represent the right to receive, the
Merger Consideration. Such stockholders shall be entitled to receive payment of the appraised
value of such Shares held by them in accordance with the provisions of such Section 262, except
that all Dissenting Shares held by stockholders who shall have failed to perfect or otherwise
waived, withdrawn or lost their rights to appraisal of such Shares under such Section 262 shall
thereupon be deemed to have been converted into, and to have become exchangeable solely for, as of
the Effective Time, the right to receive the Merger Consideration, without any interest thereon,
upon

11

 

surrender, in the manner provided in Section 3.04, of the certificate or certificates or
transfer of the uncertificated Shares that formerly evidenced such Shares.

          (b) The Company shall give Parent (i) prompt notice of any demands for appraisal received by
the Company, withdrawals of such demands, and any other instruments served pursuant to the DGCL and
received by the Company and (ii) the opportunity to direct all negotiations and proceedings with
respect to demands for appraisal under the DGCL. The Company shall not, except with the prior
written consent of Parent, make any payment with respect to any demands for appraisal or offer to
settle or settle any such demands.

          SECTION 3.04 Payment and Exchange of Certificates and Book-Entry Shares. (a)
Prior to the Effective Time, Purchaser shall designate a bank or trust company to act as agent (the
“Paying Agent”) for the holders of Shares to receive the funds to which holders of Shares
shall become entitled pursuant to Sections 3.01(b), 3.02(a) and, if applicable, 3.02(f). Prior to
the Closing Date, Parent shall deposit, or cause to be deposited, with the Paying Agent, for the
benefit of the holders of Shares and Options, for payment in accordance with this Article III
through the Paying Agent, cash in an amount sufficient to permit payment of the aggregate Merger
Consideration payable pursuant to Sections 3.01(b), 3.02(a) and, if applicable, 3.02(f) (the
“Payment Fund”). Such funds shall be invested by the Paying Agent as directed by the
Surviving Corporation. Any interest or other income resulting from such investments shall be paid
to and be income of Parent. If for any reason (including losses) the Payment Fund is inadequate to
pay the amounts to which holders of Shares and Company Equity Awards shall be entitled under
Sections 3.01, 3.02(a) and, if applicable, 3.02(f), Parent shall take all steps necessary to enable
or cause the Surviving Corporation promptly to deposit additional cash with the Paying Agent
sufficient to make all payments required under this Agreement, and Parent and the Surviving
Corporation shall in any event be liable for payment thereof. The Payment Fund shall not be used
for any other purpose. The Surviving Corporation shall pay all charges and expenses of the Paying
Agent in connection with the exchange of Shares for the Merger Consideration.

          (b) Promptly after the Effective Time, the Surviving Corporation shall cause to be mailed to
each person who was, at the Effective Time, a holder of record of Shares entitled to receive the
Merger Consideration pursuant to Section 3.01(b) a form of letter of transmittal (which shall
specify that delivery shall be effected, and risk of loss and title shall pass, only upon proper
delivery of the certificates evidencing such Shares (the “Certificates”) or transfer of the
uncertificated Shares (the “Uncertificated Shares”) to the Paying Agent) and instructions
for use in effecting the surrender of the Certificates or the Uncertificated Shares pursuant to
such letter of transmittal. Each holder of Shares shall be entitled to receive, upon (i) surrender
to the Paying Agent of a Certificate, together with a properly completed letter of transmittal or
(ii) receipt of an “agent’s message” by the Paying Agent (or such other evidence, if any, of
transfer as the Paying Agent may reasonably request) in the case of a book-entry transfer of
Uncertificated Shares, the Merger Consideration, without interest, payable for each Share
represented by a Certificate or Uncertificated Share. Until so surrendered or transferred, as the
case may be, each such Certificate or Uncertificated Share shall represent after the Effective Time
for all purposes only the right to receive the Merger Consideration. If, after the Effective Time,
Certificates or Uncertificated Shares are presented to the Surviving Corporation, they shall be
canceled and exchanged for the applicable Merger Consideration as provided for herein.

12

 

               (i) If the payment equal to the Merger Consideration is to be made to a person other than the
person in whose name the surrendered Certificate or the transferred Uncertificated Share is
registered on the stock transfer books of the Company, it shall be a condition of payment that (i)
either such Certificate shall be properly endorsed or shall otherwise be in proper form for
transfer or such Uncertificated Share shall be properly transferred and (ii) the person requesting
such payment shall pay to the Paying Agent any transfer or other Taxes required as a result of such
payment to a person other than the registered holder of such Certificate or Uncertificated Share or
establish to the satisfaction of the Paying Agent that such Tax has been paid or is not applicable.

               (ii) If any holder of Shares is unable to surrender such holder’s Certificates because such
Certificates have been lost, mutilated or destroyed, such holder may deliver in lieu thereof an
affidavit and indemnity bond in form and substance and with surety reasonably satisfactory to the
Surviving Corporation.

               (iii) Each of Parent, Purchaser, the Surviving Corporation and the Paying Agent shall be
entitled to deduct and withhold from any amounts otherwise payable pursuant to this Agreement in
respect of Shares such amount as it is required to deduct and withhold with respect to the making
of such payment under the United States Internal Revenue Code of 1986, as amended (the
“Code”) or any Law. To the extent that amounts are so withheld, such withheld amounts
shall be treated for purposes of this Agreement as having been paid to the holder of the Shares in
respect of which such deduction and withholding was made.

          (c) At any time following the sixth month after the Effective Time, the Surviving Corporation
shall be entitled to require the Paying Agent to deliver to it any funds which had been made
available to the Paying Agent and not disbursed to holders of Shares (including, all interest and
other income received by the Paying Agent in respect of all funds made available to it), and,
thereafter, such holders shall be entitled to look to the Surviving Corporation (subject to
abandoned property, escheat and other similar Laws) only as general creditors thereof with respect
to any Merger Consideration that may be payable upon due surrender of the Certificates held by
them. Notwithstanding the foregoing, neither the Surviving Corporation nor the Paying Agent shall
be liable to any holder of a Share for any Merger Consideration delivered in respect of such Share
to a public official pursuant to any abandoned property, escheat or other similar Laws.

          SECTION 3.05 Stock Transfer Books. At the close of business on the day of the
Effective Time, the stock transfer books of the Company shall be closed and thereafter there shall
be no further registration of transfers of Shares on the records of the Company. From and after
the Effective Time, the holders of Shares outstanding immediately prior to the Effective Time shall
cease to have any rights with respect to such Shares except as otherwise provided herein or by
applicable Law.

ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

          Except as disclosed in the disclosure letter (the “Disclosure Schedule”) attached to
this Agreement dated the date hereof (which letter sets forth items of disclosure with specific

13

 

reference to the particular section or sub-section of this Agreement to which the information
in the Disclosure Schedule relates), the Company represents and warrants to Parent and Purchaser as
follows:

          SECTION 4.01 Organization and Qualification; Subsidiaries. (a) Each of the
Company and each Subsidiary is a corporation duly organized, validly existing and in good standing
under the Laws of the jurisdiction of its incorporation and has the requisite corporate power and
authority and all necessary governmental approvals to own, lease and operate its properties and to
carry on its business as it is now being conducted. The Company and each Subsidiary is duly
qualified or licensed as a foreign corporation to do business, and is in good standing, in each
jurisdiction where the character of the properties owned, leased or operated by it or the nature of
its business makes such qualification or licensing necessary except where the failure to be so
qualified, licensed or in good standing would not, individually or in the aggregate, prevent or
materially delay the Company from performing its obligations under the Agreement, or would not,
individually or in the aggregate, have a Material Adverse Effect.

          (b) A true and complete list of all Subsidiaries, together with the jurisdiction of
incorporation of each Subsidiary, the percentage of the outstanding capital stock of each
Subsidiary owned by the Company and each other Subsidiary, and the names of the directors and
officers of each Subsidiary, is set forth in Section 4.01(b) of the Disclosure Schedule. Except as
disclosed in Section 4.01(b) of the Disclosure Schedule, the Company does not directly or
indirectly own any equity or similar interest in, or any interest convertible into or exchangeable
or exercisable for any equity or similar interest in, any corporation, partnership, joint venture
or other business association or entity.

          SECTION 4.02 Company Governing Documents. The Company has heretofore made available
to Parent in the virtual data room hosted by Merrill Corporation in connection with the Merger (the
“Data Room”) or made available as exhibits to reports filed by the Company under the
Exchange Act with the SEC a complete and correct copy of the Certificate of Incorporation and
Bylaws (collectively, the “Company Governing Documents”) or equivalent organizational
documents, each as amended to date, of the Company and each Subsidiary. Such Company Governing
Documents, or equivalent organizational documents, are in full force and effect. Neither the
Company nor any Subsidiary is in violation of any of the provisions of Company Governing Documents
or equivalent organizational documents.

          SECTION 4.03 Capitalization. (a) The authorized capital stock of the Company
consists of four-hundred million (400,000,000) Shares and ten million (10,000,000) shares of
preferred stock, par value $0.001 per share (“Company Preferred Stock”). As of the date of
this Agreement, (i) 98,802,486 Shares are issued and outstanding, all of which are validly issued,
fully paid and nonassessable, (ii) 359,915 Shares are held in the treasury of the Company, (iii) no
Shares are held by the Subsidiaries, (iv) 7,006,011 Shares are reserved for future issuance
pursuant to outstanding Company Equity Plans (the “Company Equity Awards”) and (v) warrants
to acquire 15,275 Shares (the “Warrants”) are issued and outstanding. As of the date of
this Agreement, no shares of Company Preferred Stock are issued and outstanding. Except as set
forth in this Section 4.03 above, as of the date hereof, there are no options, warrants or other
rights, agreements, arrangements or commitments of any character relating to the issued or unissued
capital stock of the Company or any Subsidiary or obligating the Company or any

14

 

Subsidiary to issue or sell any shares of capital stock of, or other equity interests in, the
Company or any Subsidiary.

          (b) Section 4.03 of the Disclosure Schedule sets forth the following information with respect
to each Company Stock Award outstanding on the date of this Agreement: (i) the name and address of
the Company Equity Award recipient; (ii) the particular plan pursuant to which such Company Equity
Award was granted; (iii) the number of Shares subject to such Company Equity Award; (iv) the
exercise or purchase price of such Company Equity Award; (v) the date on which such Company Equity
Award was granted; (vi) the applicable vesting schedule; and (vii) the date on which such Company
Equity Award expires. The Company has made available to Parent in the Data Room or as exhibits to
reports filed by the Company under the Exchange Act with the SEC accurate and complete copies of
all Company Equity Plans pursuant to which the Company has granted the Company Equity Awards that
are currently outstanding and the form of all award agreements evidencing such Performance Share
Units or Restricted Share Units. All Shares subject to issuance as aforesaid, upon issuance on the
terms and conditions specified in the instruments pursuant to which they are issuable, shall be
duly authorized, validly issued, fully paid and nonassessable. There are no outstanding
contractual obligations of the Company or any Subsidiary to repurchase, redeem or otherwise acquire
any Shares or any capital stock of any Subsidiary or to provide funds to, or make any investment
(in the form of a loan, capital contribution or otherwise) in, any Subsidiary or any other person.
Since January 1, 2003, all outstanding Shares, all outstanding Options and all outstanding shares
of capital stock of each subsidiary have been issued and granted in compliance with (i) applicable
U.S. federal securities Laws and other applicable U.S. state blue sky Laws and (ii) all
requirements set forth in applicable contracts.

          (c) Each outstanding share of capital stock of each Subsidiary is duly authorized, validly
issued, fully paid and nonassessable, and each such share is owned by the Company or another
subsidiary free and clear of all security interests, liens, claims, pledges, options, rights of
first refusal, agreements, limitations on the Company’s or any subsidiary’s voting rights, charges
and other encumbrances of any nature whatsoever.

          SECTION 4.04 Authority Relative to This Agreement. The Company has all necessary
corporate power and authority to execute and deliver this Agreement, to perform its obligations
hereunder and to consummate the Merger. The execution and delivery of this Agreement by the
Company and the consummation by the Company of the Merger have been duly and validly authorized by
all necessary corporate action on the part of the Company, and no other corporate proceedings on
the part of the Company are necessary to authorize this Agreement or to consummate the Merger
(other than, with respect to the Merger, the approval and adoption of this Agreement by the holders
of a majority of the then-outstanding Shares, if and to the extent required by applicable Law, and
the filing and recordation of appropriate merger documents as required by the DGCL). The Company
represents that the Board, at a meeting duly called and held on September 30, 2007, has unanimously
(i) determined that this Agreement and the transactions contemplated hereby, including the Merger,
are fair to, and in the best interests of, the holders of Shares, (ii) approved, adopted and
declared advisable this Agreement and the Merger and (iii) resolved to recommend that the holders
of Shares approve and adopt this Agreement and the Merger. This Agreement has been duly and
validly executed and delivered by the Company and, assuming the due authorization, execution and
delivery by

15

 

Parent and Purchaser, constitutes legal, valid and binding obligations of the Company,
enforceable against the Company in accordance with its terms, except as such enforcement may be
limited by (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting
or relating to enforcement of creditors’ rights generally, and (ii) general equitable principles.
The Board has unanimously approved this Agreement and the Merger and such approvals are sufficient
so that the restrictions on business combinations set forth in Section 203(a) of the DGCL shall not
apply to the Merger. To the knowledge of the Company, no other state takeover statute is
applicable to the Merger.

          SECTION 4.05 No Conflict; Required Filings and Consents. (a) The execution and
delivery of this Agreement by the Company do not, and the performance of this Agreement by the
Company will not, and the consummation of the Merger by the Company will not, (i) conflict with or
violate the Company Governing Documents or any equivalent organizational documents of the Company
or any Subsidiary, (ii) assuming that all consents, approvals and other authorizations described in
Section 4.05(b) have been obtained and that all filings and other actions described in Section
4.05(b) have been made or taken, conflict with or violate any statute, law, ordinance, regulation,
rule, code, executive order, injunction, judgment, decree or other order of any Governmental
Authority (“Law”) applicable to the Company or any Subsidiary or by which any property or
asset of the Company or any Subsidiary is bound or affected, or (iii) result in any breach of or
constitute a default (or an event which, with notice or lapse of time or both, would become a
default) under, or give to others any right of termination, amendment, acceleration or cancellation
of, or result in the creation of a lien or other encumbrance on any property or asset of the
Company or any Subsidiary pursuant to any Material Contract to which the Company or any Subsidiary
is a party or by which the Company or a Subsidiary or any property or asset of the Company or any
Subsidiary is bound or affected, except, with respect to clauses (ii) and (iii), for any such
conflicts, violations, breaches, defaults or other occurrences which would not, individually or in
the aggregate, prevent or materially delay consummation of the Merger or otherwise prevent or
materially delay the Company from performing its obligations under this Agreement or would not,
individually or in the aggregate, have a Material Adverse Effect.

          (b) The execution and delivery of this Agreement by the Company do not, and the performance of
this Agreement by the Company will not, require any consent, approval, authorization or permit of,
or filing with or notification to, any United States or non-United States national, state,
provincial, municipal or local government, governmental, regulatory or administrative authority,
agency, instrumentality or commission, any non-governmental self-regulatory agency, instrumentality
or commission, any stock exchange or any court, tribunal, or judicial or arbitral body (a
“Governmental Authority”), except for (i) applicable requirements, if any, of the Exchange
Act, (ii) the premerger notification requirements of the Hart-Scott-Rodino Antitrust Improvements
Act of 1976 (as amended) and the regulations promulgated thereunder (the “HSR Act”), (iii)
the requirements of Section 721 of Title VII of the Defense Production Act of 1950, as amended, and
the rules and regulations promulgated thereunder (the “Exon-Florio Provision”), (iv) the
notification and approval requirements of Council Regulation No. 139/2004 of the European Community
(the “EC Merger Regulation”) or any consent required and filing requirements under any
applicable antitrust, competition or fair trade Laws of any European Union member state, (v) any
additional consents and filings required under any other applicable foreign antitrust, competition
or fair trade Laws, (vi) the filing and recordation of appropriate

16

 

merger documents as required by the DGCL, and (vii) where the failure to obtain such consents,
approvals, authorizations or permits, or to make such filings or notifications, would not,
individually or in the aggregate, prevent or materially delay consummation of the Merger or
otherwise prevent or materially delay the Company from performing its obligations under this
Agreement, or would not, individually or in the aggregate, have a Material Adverse Effect.

          SECTION 4.06 Permits; Compliance. Each of the Company and the Subsidiaries is
in possession of all franchises, grants, authorizations, licenses, permits, easements, variances,
exceptions, consents, certificates, approvals and orders of any Governmental Authority necessary
for each of the Company or the Subsidiaries to own, lease and operate its properties or to carry on
its business as it is now being conducted (the “Permits”) except where the failure to
obtain such Permits would not, individually or in the aggregate, prevent or materially delay
consummation of the Merger or otherwise prevent or materially delay the Company from performing its
obligations under this Agreement, or would not, individually or in the aggregate, have a Material
Adverse Effect. As of the date of this Agreement, no suspension or cancellation of any material
Permits is pending or, to the knowledge of the Company, threatened. Neither the Company nor any
Subsidiary is in conflict with, or in default, breach or violation of any Law applicable to the
Company or any Subsidiary or by which any property or asset of the Company or any Subsidiary is
bound or affected, except where such conflict, default, breach or violation of any Law would not,
individually or in the aggregate, prevent or materially delay consummation of the Merger or
otherwise prevent or materially delay the Company from performing its obligations under this
Agreement, or would not, individually or in the aggregate, have a Material Adverse Effect. Neither
the Company nor any Subsidiary holds or is required to hold any security clearance issued by a
Governmental Authority or is required to be a party to any special security arrangement with a
Governmental Authority to conduct any portion of its business, except where such failure to hold
any security clearance or be a party to any special security arrangement would not, individually or
in the aggregate, prevent or materially delay consummation of the Merger or otherwise prevent or
materially delay the Company from performing its obligations under this Agreement, or would not,
individually or in the aggregate, have a Material Adverse Effect.

          SECTION 4.07 SEC Filings; Financial Statements. (a) Since December 31, 2004,
the Company has filed all forms, reports and other documents (including exhibits and other
information incorporated therein) required to be filed by it with the SEC (such documents, as they
have been amended since the respective time of their filing, the “SEC Reports”). The SEC
Reports (i) were prepared in all material respects in accordance with either the requirements of
the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, as the
case may be, and the rules and regulations promulgated thereunder, in each case, as in effect as of
the respective time of filing of such SEC Reports and (ii) did not, at the time they were filed,
or, if amended, as of the date of such amendment, contain any untrue statement of a material fact
or omit to state a material fact required to be stated therein or necessary in order to make the
statements made therein, in the light of the circumstances under which they were made, not
misleading. No Subsidiary is required to file any form, report or other document with the SEC.

          (b) Each of the consolidated financial statements (including, in each case, any notes thereto)
contained in the SEC Reports was prepared in accordance with United States generally accepted
accounting principles (“U.S. GAAP”) applied on a consistent basis

17

 

throughout the periods indicated (except as may be indicated in the notes thereto) and each
fairly presents in accordance with U.S. GAAP, in all material respects, the consolidated financial
position, results of operations and cash flows of the Company and its consolidated Subsidiaries as
at the respective dates thereof and for the respective periods indicated therein (subject, in the
case of unaudited statements, to normal and recurring year-end adjustments and any other
adjustments described therein).

          (c) The Company has heretofore furnished to Parent complete and correct copies of all
amendments and modifications that have not been filed by the Company with the SEC to all
agreements, documents and other instruments that previously had been filed by the Company with the
SEC and are currently in effect.

          (d) The Company has timely filed all certifications and statements required by (x) Rule 13a-14
or Rule 15d-14 under the Exchange Act or (y) 18 U.S.C. Section 1350 (Section 906 of the
Sarbanes-Oxley Act of 2002) with respect to any Company SEC Report. The Company and its
Subsidiaries have established and maintain “disclosure controls and procedures” (as such term is
defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act); such disclosures controls and
procedures are designed to ensure that information required to be disclosed by the Company in the
reports it files with the SEC is communicated to the Company’s principal executive officer and its
principal financial officer by others within those entities, particularly during the periods in
which the periodic reports required under the Exchange Act are being prepared; and, to the
knowledge of the Company, such disclosure controls and procedures are designed to be effective in
timely alerting the Company’s principal executive officer and its principal financial officer to
information required to be included in the Company’s periodic reports required under the Exchange
Act. The Company has made available to Parent in the Data Room complete and correct copies of the
Company’s disclosure controls and procedures.

          (e) The Company maintains a standard system of accounting established and administered in
accordance with U.S. GAAP in all material respects. The Company and its Subsidiaries maintain a
system of internal accounting controls 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 U.S. 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. The Company has made available to
Parent in the Data Room complete and correct copies of all written policies and manuals
promulgating such internal accounting controls.

          SECTION 4.08 Absence of Certain Changes or Events. Since June 30, 2007, except as
set forth in Section 4.08 of the Disclosure Schedule (a) the Company and the Subsidiaries have
conducted their businesses only in the ordinary course, (b) there has not been any Material Adverse
Effect and (c) none of the Company or any Subsidiary has taken any action that, if taken after the
date of this Agreement, would constitute a breach of any of the covenants set forth in Section
6.01.

18

 

          SECTION 4.09 Absence of Litigation. Except as set forth in Section 4.09 of the
Disclosure Schedule, there is no litigation, suit, claim, action, proceeding or investigation (an
“Action”) pending or, to the knowledge of the Company, threatened against the Company or
any Subsidiary, or any property or asset of the Company or any Subsidiary, before any Governmental
Authority that individually or in the aggregate, has had or would have a Material Adverse Effect.
Neither the Company nor any Subsidiary nor any property or asset of the Company or any Subsidiary
is subject to any continuing order of, consent decree, settlement agreement or similar written
agreement with, or, to the knowledge of the Company, continuing investigation by, any Governmental
Authority, or any order, writ, judgment, injunction, decree, determination or award of any
Governmental Authority that would, individually or in the aggregate, prevent or materially delay
the consummation of the Merger or would, individually or in the aggregate, have a Material Adverse
Effect.

          SECTION 4.10 Employee Benefit Plans. (a) Section 4.10(a) of the Disclosure
Schedule lists (i) all material employee benefit plans (as defined in Section 3(3) of the Employee
Retirement Income Security Act of 1974, as amended (“ERISA”)) and all bonus, stock option,
stock purchase, restricted stock, incentive, deferred compensation, retiree medical or life
insurance, supplemental retirement, severance or other benefit plans, programs or arrangements, and
all employment, termination, severance, consulting, independent contractor or other contracts or
agreements that provide for notice periods or termination entitlements in excess of the applicable
statutory minimums to which the Company or any Subsidiary is a party, with respect to which the
Company or any Subsidiary has any obligation or which are maintained, contributed to or sponsored
by the Company or any Subsidiary for the benefit of any current or former employee, officer or
director of, or any current or former consultant to, the Company or any Subsidiary, (ii) each
employee benefit plan for which the Company or any Subsidiary could incur liability under Section
4069 of ERISA in the event such plan has been or were to be terminated, (iii) any plan in respect
of which the Company or any Subsidiary could incur liability under Section 4212(c) of ERISA, and
(iv) any contracts, arrangements or understandings between the Company or any Subsidiary and any
employee, director or officer of the Company or any Subsidiary relating in any way to a sale of the
Company or any Subsidiary (collectively, the “Plans”). Each Plan is in writing and the
Company has furnished to Parent a true and complete copy of each Plan and has delivered to Parent a
true and complete copy of each material document, if any, prepared in connection with each such
Plan, including (A) a copy of each trust or other funding arrangement, (B) each summary plan
description and summary of material modifications, (C) the most recently filed Internal Revenue
Service (“IRS”) Form 5500, (D) the most recently received IRS determination letter for each
such Plan, and (E) the most recently prepared actuarial report and financial statement in
connection with each such Plan. Neither the Company nor any Subsidiary has any express or implied
commitment, (1) to create, incur liability with respect to or cause to exist any other employee
benefit plan, program or arrangement, (2) to enter into any contract or agreement to provide
compensation or benefits to any individual except for such contract or agreements with employees
who are hired, and amendments to such contracts or agreements, prior to the Effective Time other
than in accordance with Section 6.01(f) of this Agreement, or (3) to modify, change or terminate
any Plan, other than with respect to a modification, change or termination required by ERISA or the
Code.

19

 

          (b) None of the Plans is (i) a multiemployer plan (within the meaning of Section 3(37) or
4001(a)(3) of ERISA) (a “Multiemployer Plan”), (ii) a single employer pension plan (within
the meaning of Section 4001(a)(15) of ERISA) for which the Company or any Subsidiary could incur
liability under Section 4063 or 4064 of ERISA (a “Multiple Employer Plan”), or (iii)
subject to Title IV or Section 302 of ERISA or Sections 412 or 4971 of the Code. Except as
disclosed in Section 4.10(b) of the Disclosure Schedule, none of the Plans (i) provides for the
payment of separation, severance, termination or similar-type benefits to any person, (ii)
obligates the Company or any Subsidiary to pay separation, severance, termination or similar-type
benefits solely or partially as a result of any transaction contemplated by this Agreement, or
(iii) obligates the Company or any Subsidiary to make any payment or provide any benefit as a
result of a “change in control”, within the meaning of such term under Section 280G of the Code.
None of the Plans provides for or promises retiree medical, disability or life insurance benefits
or retirement benefits on a defined benefit basis to any current or former employee, officer or
director of the Company or any Subsidiary.

          (c) Each Plan is now and always has been operated in all material respects in accordance with
its terms and the requirements of all applicable Law, including ERISA and the Code. The Company
and the Subsidiaries have performed all material obligations required to be performed by them
under, are not in any material respect in default under or in violation of, and have no knowledge
of any material default or violation by any party to, any Plan. No Action is pending or, to the
knowledge of the Company, threatened with respect to any Plan (other than claims for benefits in
the ordinary course) and no fact or event exists that could reasonably be expected to give rise to
any such Action.

          (d) Each Plan that is intended to be qualified under Section 401(a) of the Code or Section
401(k) of the Code has timely received a favorable determination letter from the IRS covering all
of the provisions applicable to the Plan for which determination letters are currently available
that the Plan is so qualified and each trust established in connection with any Plan which is
intended to be exempt from federal income taxation under Section 501(a) of the Code has received a
determination letter from the IRS that it is so exempt, and no fact or event has occurred since the
date of such determination letter or letters from the IRS to adversely affect the qualified status
of any such Plan or the exempt status of any such trust. There has not been any prohibited
transaction (within the meaning of Section 406 of ERISA or Section 4975 of the Code) with respect
to any Plan. Each Plan that is a “nonqualified deferred compensation plan” subject to Section 409A
of the Code has been operated in all material respects in good faith compliance with Section 409A
of the Code and the regulations and other guidance promulgated thereunder since January 1, 2005.

          (e) All contributions, premiums or payments required to be made with respect to any Plan have
been made on or before their due date, or in the event that a contribution, premium or payment was
not timely made, such failure, whether individually or in the aggregate, would not result in any
material liability to the Company or any Subsidiary. All such contributions have been fully
deducted for income tax purposes and no such deduction has been challenged or disallowed by any
Governmental Authority and no fact or event exists which could reasonably be expected to give rise
to any such challenge or disallowance.

20

 

          (f) In addition to the foregoing, with respect to each Plan that is not subject to United
States law (a “Non-U.S. Benefit Plan”):

               (i) all employer and employee contributions to each Non-U.S. Benefit Plan required by law or
by the terms of such Non-U.S. Benefit Plan have been made, or, if applicable, accrued in accordance
with normal accounting practices;

               (ii) the fair market value of the assets of each funded Non-U.S. Benefit Plan, the liability
of each insurer for any Non-U.S. Benefit Plan funded through insurance or the book reserve
established for any Non-U.S. Benefit Plan, together with any accrued contributions, is sufficient
to procure or provide for the benefits determined on any ongoing basis (actual or contingent)
accrued to the date of this Agreement with respect to all current and former participants under
such Non-U.S. Benefit Plan according to the actuarial assumptions and valuations most recently used
to determine employer contributions to such Non-U.S. Benefit Plan; and

               (iii) each Non-U.S. Benefit Plan required to be registered has been registered and has been
maintained in good standing with applicable regulatory authorities. Each Non-U.S. Benefit Plan is
now and always has been operated in all material respects in compliance with all applicable
non-United States laws.

          (g) All directors, officers, management employees, and technical and professional employees of
the Company and the Subsidiaries are under written obligation to the Company and the Subsidiaries
to maintain in confidence all confidential information acquired by them in the course of their
employment and to assign to the Company and the Subsidiaries during such employment and for a
reasonable period thereafter all inventions made by them within the scope of their employment
during such employment.

          (h) Except as set forth in Section 4.10(h)(A) of the Disclosure Schedule, the consummation of
the Merger will not, either alone or in combination with another event, (i) entitle any current or
former employee, officer or director of the Company or any Subsidiary to severance pay,
unemployment compensation or any other payment or (ii) accelerate the time of payment, funding or
vesting, or increase the amount of compensation due any such employee, officer or director (except
as required under Code Section 411(d)(3)) or result in any limitation on the right of the Company
or any of its Subsidiaries to amend, merge, terminate or receive a reversion of assets from any
Plan or related trust. Except as set forth in Section 4.10(h)(C) of the Disclosure Schedule, no
Plan provides for a “gross up” or similar payments in respect of any Taxes that may become payable
under Section 409A or Section 4999(a) of the Code.

          (i) The Company and its Subsidiaries are in compliance with the requirements of the United
States Workers Adjustment and Retraining Notification Act (“WARN”) and have no liabilities
pursuant to WARN.

          SECTION 4.11 Labor and Employment Matters. (a)(i) There are no controversies
pending or, to the knowledge of the Company, threatened between the Company or any Subsidiary and
any of their respective employees, consultants or independent contractors, which controversies
would be, individually or in the aggregate, reasonably likely to have a

21

 

Material Adverse Effect; (ii) except as disclosed in Section 4.11(a) of the Disclosure
Schedule, neither the Company nor any Subsidiary is a party to any collective bargaining agreement,
collective agreement or other labor union contract or works council agreement applicable to persons
employed by the Company or any Subsidiary, nor, to the knowledge of the Company, are there any
activities or proceedings of any labor union to organize any such employees; (iii) there are no
unfair labor practice complaints pending against the Company or any Subsidiary before the National
Labor Relations Board or similar Governmental Authority or any current union representation
questions involving employees, consultants or independent contractors of the Company or any
Subsidiary; and (iv) there is no strike, slowdown, work stoppage or lockout, or, to the knowledge
of the Company, threat thereof, by or with respect to any employees of the Company or any
Subsidiary. The consent of, consultation of, or the rendering of formal advice by the unions,
works councils, and other similar organizations is not required to consummate the Merger.

          (b) Except as would not, individually or in the aggregate, result in a material liability to
the Company or any Subsidiary, the Company and the Subsidiaries have been and are in compliance in
all material respects with all applicable Laws relating to the employment of labor, including those
related to wages, hours, immigration and naturalization, collective bargaining and the payment and
withholding of taxes and other sums as required by the appropriate Governmental Authority. The
Company and the Subsidiaries have paid in full to all employees or adequately accrued for in
accordance with U.S. GAAP consistently applied all wages, salaries, commissions, bonuses, benefits
and other compensation due to or on behalf of such employees, except as would not, individually or
in the aggregate, result in a material liability to the Company or any Subsidiary, and there is no
material claim with respect to payment of wages, salary or overtime pay that has been asserted or
is now pending or, to the knowledge of the Company, threatened before any Governmental Authority
with respect to any persons currently or formerly employed by the Company or any Subsidiary.
Neither the Company nor any Subsidiary is a party to, or otherwise bound by, any consent decree
with, or citation by, any Governmental Authority relating to employees or employment practices.
There is no material charge or proceeding with respect to a violation of any occupational safety or
health standards that has been asserted or is now pending or, to the knowledge of the Company,
threatened with respect to the Company. Except as set forth in Section 4.11(b) of the Disclosure
Schedule, there is no charge of discrimination in employment or employment practices, for any
reason, including, age, gender, race, religion or other legally protected category, which has been
asserted or is now pending or, to the knowledge of the Company, threatened before the United States
Equal Employment Opportunity Commission, or any other Governmental Authority in any jurisdiction in
which the Company or any Subsidiary has employed or employs any person.

          SECTION 4.12 Proxy Statement. The proxy statement to be sent to the stockholders of
the Company in connection with the Stockholders’ Meeting (as defined in Section 7.02) (such proxy
statement, as amended or supplemented, being referred to herein as the “Proxy Statement”),
shall not, at the date the Proxy Statement (or any amendment or supplement thereto) is first mailed
to stockholders of the Company, at the time of the Stockholders’ Meeting and at the Effective Time,
contain any statement which, at the time and in light of the circumstances under which it was 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

22

 

respect to the solicitation of proxies for the Stockholders’ Meeting which shall have become
false or misleading. The Proxy Statement shall comply in all material respects as to form with the
requirements of the Exchange Act and the rules and regulations thereunder.

          SECTION 4.13 Real Property. Neither the Company nor any of its Subsidiaries owns
any real property. Section 4.13(a) of the Disclosure Schedule sets forth a list of all material
leased real property and substantially all other leased real property of the Company and its
Subsidiaries. Each of the Company and its Subsidiaries is not in default of any material
obligations of any material real property lease to which it is a party, and all such material
leases are in full force and effect.

          SECTION 4.14 Intellectual Property.

          (a) No Default/No Conflict. Except as disclosed in Section 4.14(a)(i) of the
Disclosure Schedule, the consummation of the Merger will not violate nor by its terms result in the
material breach, material modification, cancellation, termination, suspension of, or acceleration
of any payments with respect to (i) any contract or agreement providing for the license or other
use of Company Owned Intellectual Property by a third person, or (ii) any contract or agreement
providing for the license or other use by the Company or its Subsidiaries of Company Licensed
Intellectual Property, in each case which is material to the business of the Company;
provided that with respect to data or database licenses, such contracts and agreements
shall only include the contracts and agreements listed in Section 4.14(a)(ii) of the Disclosure
Schedule, which the Company represents and warrants are all of the contracts and agreements
relating to each country in Western Europe under which the Company licensed roadway geometry data
for the entire geographic area of such country and used such data to build the Company’s map data
for the entire geographic area of such country ((i) and (ii), collectively, the “Intellectual
Property Contracts”). Except as would not, individually or in the aggregate, have a Material
Adverse Effect, each of the Company and its Subsidiaries is in compliance with, and has not
breached any term of any such Intellectual Property Contract and, to the knowledge of the Company,
all other parties to such Intellectual Property Contracts are in compliance with, and have not
breached any term thereof. Except as would not, individually or in the aggregate, have a Material
Adverse Effect, following the Closing Date, the Surviving Corporation shall be permitted to
exercise all of the Company’s and its Subsidiaries’ rights under such Intellectual Property
Contracts to the same extent the Company and its Subsidiaries would have been able to had the
Merger not occurred and without the payment of any additional amounts or consideration other than
ongoing fees, royalties or payments which the Company or any of its Subsidiaries would otherwise be
required to pay.

          (b) No Infringement. Except as would not, individually or in the aggregate, have a
Material Adverse Effect, the operation of the business of the Company and its Subsidiaries as
currently conducted, including the sale and distribution of the Company Products, does not infringe
or misappropriate any Intellectual Property of any third person, or violate any right to privacy or
publicity of any third person or constitute unfair competition or trade practices under the laws of
any jurisdiction in which the Company and its Subsidiaries currently do business. To the knowledge
of the Company, the Company and the Subsidiaries have not intentionally refrained from commencing
operations in any other jurisdiction due to fear of infringement litigation.

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          (c) No Third Party Infringers. Except as disclosed in Section 4.14(c) of the
Disclosure Schedule, within the past three years, neither the Company nor any of the Subsidiaries
have asserted or threatened in writing any material claim against any person alleging any
infringement, misappropriation or violation of any Company Owned Intellectual Property.

          (d) Transaction. To the knowledge of the Company, no Intellectual Property Contract
or other agreement to which the Company or any of the Subsidiaries is a party will require, based
solely upon this Agreement and the Merger, including any assignment to Surviving Corporation by
operation of law as a result of the Merger of any Intellectual Property Contracts or other
agreements to which the Company or any of its Subsidiaries is a party: (i) Parent, any of Parent’s
affiliates or the Surviving Corporation to grant to any third person any material incremental right
to any non-assertion or similar obligation under any Company Owned Intellectual Property, (ii)
Parent, any of Parent’s affiliates or the Surviving Corporation to be bound by, or to be subject
to, any material incremental non-compete or other incremental material restriction on the operation
or scope of their respective businesses, (iii) Parent, any of Parent’s affiliates or the Surviving
Corporation to pay any material incremental royalties or other material amounts, or offer any
material incremental discounts, to any third person, (iv) Parent or any of Parent’s affiliates to
be bound by a defensive suspension clause, grant a license, non-assert covenant or undertake any
similar obligation in respect of Parent’s and Parent’s affiliates’ Intellectual Property or (v) the
Company or any of the Subsidiaries to procure from Parent or any of Parent’s affiliates a license
grant or covenant not to assert. As used in this Section 4.14(d), an “incremental” right,
non-compete, restriction, royalty or discount refers to a right, non-compete, restriction, royalty
or discount, as applicable, in excess, whether in terms of contractual term, contractual rate or
scope, of those that would have been required to be offered or granted by the Company or the
Subsidiaries, as applicable, had the parties to this Agreement not entered into this Agreement or
consummated the Merger, but excludes any increase in fees, royalties or charges based upon an
increase in seats, usage, or similar payment measurement system.

          (e) Intellectual Property. The Company and its Subsidiaries have taken commercially
reasonable steps to maintain and protect the material Company Owned Intellectual Property. Without
limiting the foregoing, each of the Company and its Subsidiaries has taken commercially reasonable
steps to require current or former employees, consultants and contractors of the Company or any
Subsidiary that have created any material Company Owned Intellectual Property to assign to the
Company or its Subsidiaries all of their right, title and interest in such material Company Owned
Intellectual Property, and to the knowledge of the Company, no party to any such agreement is in
breach thereof.

          (f) No Order. There are no consents, settlements, judgments, injunctions, decrees,
awards, orders or inter partes decisions, or government imposed written or statutory obligations to
which the Company or a Subsidiary is a party or otherwise bound, that, to the knowledge of the
Company: (i) restrict the rights of the Company or any of its Subsidiaries to use, transfer,
license or enforce any of the Company Owned Intellectual Property, (ii) restrict the conduct of the
business of the Company or any of its Subsidiaries in order to accommodate a third person’s
Intellectual Property rights or (iii) grant any third person any right with respect to any Company
Owned Intellectual Property.

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          (g) Open Source. Except as set forth in Section 4.14(g) of the Disclosure Schedule,
no Open Source is, forms part of, has been used in connection with the development of or is
incorporated into any Company Products that have been distributed to any third party by or on
behalf of the Company or its Subsidiaries. With respect to any such items of Open Source, Section
4.14(g) of the Disclosure Schedule identifies the underlying Open Source. With respect to any
items of Open Source that (a) form part of, has been used in connection with the development of, or
is incorporated into any Company Products or (b) have been distributed to any third party by or on
behalf of the Company or its Subsidiaries, no such use, development, incorporation or distribution
of such Open Source, or any other use of or activities with respect to such Open Source by the
Company or a Subsidiary creates an obligation that, (i) requires or causes, including through an
implied license, the licensing, disclosure or distribution of any Source Code (other than Source
Code that is a part of such Open Source) or Company Owned Intellectual Property to licensees or any
other person, (ii) prohibits or limits the receipt of consideration in connection with licensing,
sublicensing or distributing any other Company Products, (iii) except as specifically permitted by
Law, allows any person to decompile, disassemble or otherwise reverse-engineer any other Company
Products, or (iv) requires the licensing of any other Company Products to any other person for the
purpose of making derivative works, in each case except as would not, individually, or in the
aggregate, have a Material Adverse Effect.

          (h) Source Code. Section 4.14(h) of the Disclosure Schedule identifies each
Intellectual Property Contract pursuant to which the Company has deposited with an escrow agent or
any other Person, any Source Code owned by the Company for products currently used, sold or
licensed in the business and products under development. The execution of this Agreement and the
consummation of the Merger will not result in a release of any Company Source Code or the grant of
incremental rights to a person with regard to such Source Code. To the knowledge of the Company,
no event has occurred, and no circumstance or condition exists, that (with or without notice or
lapse of time, or both) will, or would reasonably be expected to, result in the disclosure or
delivery by the Company, any of its Subsidiaries or any person acting on their behalf, to any
person of any such escrowed Company Source Code under any Intellectual Property Contract, and no
such escrowed Source Code has been disclosed, delivered (other than as set forth in Section 4.14(h)
of the Disclosure Schedule) or licensed to a third person, excluding disclosures or licenses to
consultants and contractors who are performing software development, maintenance and disaster
recovery services for the Company or its affiliates.

          (i) Software. To the knowledge of the Company, all material Company Products
currently licensed or sold or distributed by the Company, and all applicable material Company Owned
Intellectual Property are free of: (i) any material defects, including any material error or
omission in the processing capabilities of the Products and (ii) any material unauthorized
disabling codes or instructions and any “back door,” “time bomb,” “Trojan horse,” “worm,” “drop
dead device,” “virus” or other software routines or hardware components that permit unauthorized
access or the unauthorized disruption, impairment, disablement or erasure of such material Company
Product or material Company Owned Intellectual Property (or any part thereof) or data or other
software of users, excluding timing devices identified in the applicable licensing agreement
(“Contaminants”).

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          (j) Information Technology. The Company and its Subsidiaries have taken commercially
reasonable steps and implemented commercially reasonable procedures with respect to protecting
their information technology systems used in connection with the operation of the Company and its
Subsidiaries from Contaminants. The Company and its Subsidiaries have disaster recovery plans,
procedures and facilities for the business and have taken commercially reasonable steps with
respect to safeguarding the information technology systems utilized in the operation of the
business of the Company and its Subsidiaries as it is currently conducted. To the knowledge of the
Company, there have been no successful material unauthorized intrusions or material breaches of the
security of the information technology systems of the Company and its Subsidiaries. The Company
and its Subsidiaries have implemented commercially reasonable security patches or upgrades that are
generally available to the Company for the Company’s information technology systems where, in the
Company’s reasonable judgment, such patches or upgrades are required.

          (k) Trade Secrets. (i) The Company and its Subsidiaries have taken commercially
reasonable steps to protect their material trade secrets, and any trade secrets of third persons
provided to the Company as trade secrets, (ii) the Company and its Subsidiaries have used
commercially reasonable efforts to enforce a policy requiring all personnel and third persons
having access to such material trade secrets to execute a written agreement which provides
reasonable protection for such trade secrets, and (iii) to the knowledge of the Company, no party
to any such agreement is in breach thereof, except as would not, individually or in the aggregate,
have a Material Adverse Effect.

          (l) Privacy. To the knowledge of the Company, the Company and its Subsidiaries have
complied in all material respects with all applicable Laws relating to privacy, personal data
protection, and the collection, processing and use of personal information. To the knowledge of
the Company, the Company and its Subsidiaries have complied in all material respects with their
respective internal privacy policies and guidelines, if any, relating to privacy, personal data
protection, and the collection, processing and use of personal information.

          (m) Ownership and Sufficiency of Intellectual Property Rights. Section 4.14(m) of the
Disclosure Schedule lists all Company Registered Intellectual Property, identifying in each case
the status, filing/grant dates and issuance/registration/application number thereof as applicable.
Except as would not, individually or in the aggregate, have a Material Adverse Effect, (i) the
Company or its subsidiaries exclusively own all right, title, and interest free and clear of all
encumbrances (excluding written existing contracts with respect to Intellectual Property entered
into by the Company or its subsidiaries), in and to all Company Owned Intellectual Property and
(ii) the Company or a subsidiary has a valid right to use the Company Owned Intellectual Property
and Company Licensed Intellectual Property in the ordinary course of business as currently used
subject only to the terms of existing contracts with respect to intellectual property. The Company
Owned Intellectual Property and Company Licensed Intellectual Property includes all of the material
Intellectual Property used in the ordinary conduct of the business.

          (n) Validity and Enforceability. (i) The Company Owned Intellectual Property and, to
the knowledge of the Company, the Company Licensed Intellectual Property currently used in the
business is subsisting, in full force and effect, is valid and enforceable to the

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knowledge of the Company, and (in the case of Company Registered Intellectual Property) has
not been cancelled or abandoned, except where such cancellation or abandonment would not,
individually or in the aggregate, have a Material Adverse Effect; and (ii) all necessary
registration, maintenance and renewal fees currently due have been made for the purposes of
maintaining such Company Registered Intellectual Property except where the failure to so register
or pay such fees would not, individually or in the aggregate, have a Material Adverse Effect.

          SECTION 4.15 Taxes. (a)(i) The Company and the Subsidiaries have filed all
income Tax Returns and all other material Tax Returns and reports required to be filed by them and
have paid and discharged all Taxes required to be paid or discharged thereon and all other material
amounts of Taxes required to be paid or discharged; (ii) all such Tax Returns are true, correct and
complete in all material respects; (iii) no adjustment relating to such Tax Returns has been
proposed formally or, to the knowledge of the Company, informally by any taxing authority; (iv)
neither the IRS nor any other United States or non-United States taxing authority or agency is now
asserting or, to the knowledge of the Company, threatening to assert against the Company or any
Subsidiary, any deficiency or claim for any Taxes or interest thereon or penalties in connection
therewith; (v) neither the Company nor any Subsidiary has granted any waiver of any statute of
limitations with respect to, or any extension of a period for the assessment of, any Tax; (vi) the
accruals and reserves for Taxes reflected on the consolidated balance sheet of the Company and the
consolidated Subsidiaries as of December 31, 2006 are adequate to cover all income Taxes and all
other material Taxes accruable through such date (including interest and penalties, if any,
thereon) in accordance with U.S. GAAP; (vii) there are no Tax liens upon any property or assets of
the Company or any of the Subsidiaries except liens for current Taxes not yet due; (viii) neither
the Company nor any of the Subsidiaries has been required to include in income, any adjustment
pursuant to Section 481 of the Code by reason of a voluntary change in accounting method initiated
by the Company or any of the Subsidiaries, and the IRS has not initiated or proposed any such
adjustment or change in accounting method; (ix) from and after January 1, 2002, the Company and any
Subsidiary that has been incorporated or organized in the United States has been and continues to
be a member of the affiliated group (within the meaning of Section 1504(a)(1) of the Code) for
which the Company files a consolidated Tax Return as the common parent, and has not been includible
in any other consolidated Tax Return for any taxable period for which the statute of limitations
has not expired; (x) none of the Company or any of its Subsidiaries has been a United States real
property holding corporation within the meaning of Section 897(c)(2) of the Code during the
applicable period specified in Section 897(c)(1)(A)(ii) of the Code; (xi) the Company has not been
at any time a member of any partnership or joint venture or the holder of a beneficial interest in
any trust for any period for which the statute of limitations for any Tax has not expired; (xii)
neither the Company nor any Subsidiary is subject to any accumulated earnings Tax, personal holding
company Tax or similar Tax; (xiii) there are no intercompany transactions within the meaning of
Treasury Regulation Section 1.1502-13; (xiv) there are no excess loss accounts within the meaning
of Treasury Regulation Section 1.1502-19; and (xv) none of the Company or any of its Subsidiaries
is a party to any Tax-sharing or allocation agreement.

          (b) To the knowledge of the Company, (i) there are no requests for information currently
outstanding that could affect the Taxes of the Company or any Subsidiary; (ii) there are no
proposed reassessments of any property owned by the Company or any

27

 

Subsidiary or other proposals that could increase the amount of any Tax to which the Company
or any Subsidiary would be subject; (iii) 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
Subsidiary; and (iv) no Company or Subsidiary has any (A) income reportable for a period ending
after the Closing Date but attributable to a transaction (e.g., an installment sale)
occurring in or a change in accounting method made for a period ending on or prior to the Closing
Date that resulted in a deferred reporting of income from such transaction or from such change in
accounting method (other than a deferred intercompany transaction), or (B) deferred gain or loss
arising out of any deferred intercompany transaction.

          (c) (i) Section 4.15(c) of the Disclosure Schedule lists all income, franchise and similar Tax
Returns (federal, state, local and foreign) filed with respect to each of the Company and the
Subsidiaries for taxable periods ended on or after December 31, 2004, indicates the most recent
income, franchise or similar Tax Return for each relevant jurisdiction for which an audit has been
completed or the statute of limitations has lapsed and indicates all Tax Returns that currently are
the subject of audit; and (ii) the Company has delivered to Purchaser, correct and complete copies
of all federal and Dutch income Tax Returns, all material examination reports, and all material
statements of deficiencies assessed against or agreed to by the Company or any Subsidiary since
December 31, 2004.

          (d) Neither the Company nor any of its Subsidiaries has constituted either a “distributing
corporation” or a “controlled corporation” in a distribution of stock qualifying for tax-free
treatment under Section 355 of the Code in the two years prior to the date of this Agreement.

          (e) Neither the Company nor any of the Subsidiaries is a party to any understanding or
arrangement described in Section 6662(d)(2)(C)(ii) of the Code or Section 1.6011-4(b) of the
Treasury regulations promulgated under the Code or is a material advisor as defined in Section
6111(b) of the Code.

          SECTION 4.16 Environmental Matters. Except as described in Section 4.16 of the
Disclosure Schedule or as would not, individually or in the aggregate, prevent or materially delay
consummation of the Merger or would not, individually or in the aggregate, have a Material Adverse
Effect, (a) none of the Company nor any of the Subsidiaries has violated or is in violation of any
Environmental Law; (b) none of the properties currently or formerly owned, leased or operated by
the Company or any Subsidiary (including, soils and surface and ground waters) are contaminated
with any Hazardous Substance; (c) none of the Company or any of the Subsidiaries is actually,
potentially or allegedly liable for any off-site contamination by Hazardous Substances; (d) none of
the Company or any of the Subsidiaries is actually, potentially or allegedly liable under any
Environmental Law (including pending or threatened liens); (e) each of the Company and each
Subsidiary has all permits, licenses and other authorizations required under any Environmental Law
(“Environmental Permits”); and (f) each of the Company and each Subsidiary is in compliance
with its Environmental Permits.

          SECTION 4.17 Material Contracts. (a) Subsections (i) through (xiii) of Section
4.17(a) of the Disclosure Schedule lists the following types of contracts and agreements to which

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the Company or any Subsidiary is a party (such contracts and agreements as are required to be
set forth in Section 4.17(a) of the Disclosure Schedule being the “Material Contracts”):

               (i) each “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of
the SEC) with respect to the Company and its Subsidiaries;

               (ii) all contracts and agreements with the Company’s top twenty (20) customers other than
those contracts and agreements that are not material to the relationship with the applicable
customer (based on the revenue from such customer during the six (6)-month period ended June 30,
2007) (the “Top Customers”) and all contracts and agreements with the Company’s top ten
(10) vendors (based on amounts paid to such vendors during the six (6) month period ended June 30,
2007) (the “Top Vendors”);

               (iii) all contracts and agreements, whether or not made in the ordinary course of business,
pursuant to which the Company or any Subsidiary paid or received more than three million dollars
($3,000,000), during the six (6)-month period ending on September 30, 2007;

               (iv) all contracts and agreements evidencing Indebtedness in excess of one million dollars
($1,000,000);

               (v) all joint venture and partnership agreements and all business acquisition or divestiture
agreements (and all letters of intent relating to any such pending transactions) involving
consideration payable or receivable in excess of five million dollars ($5,000,000) and entered into
by the Company since January 1, 2004;

               (vi) all contracts and agreements relating to future issuances of securities of the Company or
any Subsidiary (and all letters of intent relating to any such pending transaction ) other than any
Plans;

               (vii) all material leases of real property;

               (viii) all Intellectual Property Contracts;

               (ix) all contracts and agreements with any U.S. Governmental Authority other than contracts
and agreements that are not material to the relationship with the U.S. Governmental Authority or
any branch or agency thereof and not subject to any confidentiality or secrecy restriction imposed
by a Governmental Authority;

               (x) all material contracts and agreements that materially limit, or materially purport to
limit, the ability of the Company or any Subsidiary to compete in any line of business or with any
person or entity or in any geographic area or during any period of time;

               (xi) all material contracts and agreements relating in whole or in part to Intellectual
Property under which the Company has granted a non-assertion clause, a covenant not to sue or
defensive suspension clauses;

29

 

               (xii) all contracts and agreements providing for benefits under any Plan required to be listed
in Section 4.10 of the Disclosure Schedule; and

               (xiii) all contracts for employment required to be listed in Section 4.10 of the Disclosure
Schedule.

          (b) Except as would not, individually or in the aggregate, have a Material Adverse Effect, (i)
each Material Contract is a legal, valid and binding agreement, (ii) none of the Company or any
Subsidiary has received any claim of default under or cancellation of any Material Contract and
none of the Company or any Subsidiary is in breach or violation of, or default under, any Material
Contract and (iii) to the knowledge of the Company, no other party is in breach or violation of, or
default under, any Material Contract. The Company has made available to Parent true and complete
copies of all Material Contracts, including any amendments thereto.

          SECTION 4.18 Customers and Suppliers. Section 4.18 of the Disclosure Schedule sets
forth a true and complete list of the Top Customers. Since January 1, 2007, none of the Top
Customers and no Top Vendors, (i) have cancelled or otherwise terminated any contract with the
Company or any Subsidiary prior to the expiration of the contract term which has resulted in a
material change in the relationship with such Top Customer or Top Vendor, (ii) have returned, or to
the knowledge of the Company, threatened to return, a substantial amount of any of the products,
equipment, goods and services purchased from the Company or any Subsidiary, or (iii) to the
knowledge of the Company, have threatened or indicated in writing its intention, to cancel or
otherwise terminate its relationship with the Company or its Subsidiaries or to reduce
substantially its purchase from or sale to the Company or any Subsidiary of any products,
equipment, goods or services.

          SECTION 4.19 Insurance. The Company and the Subsidiaries maintain insurance
coverage with reputable insurers in such amounts and covering such risks as are in accordance with
normal industry practice for companies engaged in businesses similar to that of the Company and its
Subsidiaries (taking into account the cost and availability of such insurance).

          SECTION 4.20 Certain Business Practices. None of the Company, any Subsidiary or, to
the knowledge of the Company, any directors or officers, agents or employees of the Company or any
Subsidiary, has (i) used any funds for unlawful contributions, gifts, entertainment or other
unlawful expenses related to political activity or (ii) made any unlawful payment to foreign or
domestic government officials or employees or to foreign or domestic political parties or campaigns
or violated any provision of the Foreign Corrupt Practices Act of 1977, as amended (the
“FCPA”).

          SECTION 4.21 Brokers. No broker, finder or investment banker (other than Merrill
Lynch & Co.) is entitled to any brokerage, finder’s or other fee or commission in connection with
the Merger based upon arrangements made by or on behalf of the Company. The Company has heretofore
furnished to Parent a complete and correct copy of all agreements between the Company and Merrill
Lynch & Co. pursuant to which such firm would be entitled to any payment relating to the Merger.

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          SECTION 4.22 Anti-Takeover Provisions. The Board has taken all necessary action so
that the provisions of Section 203 of the DGCL do not, and will not, apply to this Agreement or the
Merger.

          SECTION 4.23 Fairness Opinion. Merrill Lynch & Co. has delivered to the Board an
opinion that, as of the date of this Agreement, the cash consideration to be received by the
holders of Shares pursuant to the Merger is fair from a financial point of view to the holders of
such Shares (the “Fairness Opinion”).

          SECTION 4.24 No Other Representations and Warranties. None of the Company, any
Subsidiary or any other Person makes any representation or warranty, express or implied, as to the
accuracy or completeness of any information regarding the Company or any Subsidiary, in each case,
except as expressly set forth in this Agreement or, as and to the extent required by this
Agreement, to be set forth in the Disclosure Schedule.

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF PARENT AND PURCHASER

          Parent and Purchaser hereby, jointly and severally, represent and warrant to the Company that:

          SECTION 5.01 Corporate Organization. Each of Parent and Purchaser is a corporation
duly organized, validly existing and in good standing under the laws of the jurisdiction of its
incorporation and has the requisite corporate power and authority and all necessary governmental
approvals to own, lease and operate its properties and to carry on its business as it is now being
conducted, except where the failure to be so organized, existing or in good standing or to have
such power, authority and governmental approvals would not, individually or in the aggregate,
prevent or materially delay consummation of the Merger or otherwise prevent Parent or Purchaser
from performing its obligations under this Agreement.

          SECTION 5.02 Purchaser. (a) True and complete copies of the constituent
documents of Purchaser, each as in effect as of the date of this Agreement, have previously been
made available to the Company.

          (b) The authorized capital stock of Purchaser consists of 1,000 shares of common stock, par
value $0.01 per share, of which 100 shares are issued and outstanding. Purchaser was formed solely
for the purpose of engaging in the Merger and has not engaged in any business activities or
conducted any operations other than in connection with the Merger. All the issued and outstanding
shares of capital stock of Purchaser are owned of record and beneficially by Parent.

          SECTION 5.03 Authority Relative to This Agreement. Each of Parent and Purchaser has
all necessary corporate power and authority to execute and deliver this Agreement, to perform its
obligations hereunder and to consummate the Merger. The execution and delivery of this Agreement
by Parent and Purchaser and the consummation by Parent and Purchaser of the Merger have been duly
and validly authorized by all necessary corporate action on the part of Parent and Purchaser, and
no other corporate proceedings on the part of Parent or Purchaser are

31

 

necessary to authorize this Agreement or to consummate the Merger (other than, with respect to
the Merger, the filing and recordation of appropriate merger documents as required by the DGCL).
This Agreement has been duly and validly executed and delivered by Parent and Purchaser and,
assuming due authorization, execution and delivery by the Company, constitutes a legal, valid and
binding obligation of each of Parent and Purchaser enforceable against each of them in accordance
with their terms, except as such enforcement may be limited by (i) bankruptcy, insolvency,
reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’
rights generally, and (ii) general equitable principles.

          SECTION 5.04 No Conflict; Required Filings and Consents. (a) The execution and
delivery of this Agreement by Parent and Purchaser do not, and the performance of this Agreement by
Parent and Purchaser will not, and the consummation of the Merger by Parent and Purchaser will not,
(i) conflict with or violate the certificate of incorporation or bylaws of either Parent or
Purchaser, (ii) assuming that all consents, approvals and other authorizations described in Section
5.04(b) have been obtained and that all filings and other actions described in Section 5.04(b) have
been made or taken, conflict with or violate any Law applicable to Parent or Purchaser or by which
any property or asset of either of them is bound or affected, or (iii) result in any breach of, or
constitute a default (or an event which, with notice or lapse of time or both, would become a
default) under, or give to others any rights of termination, amendment, acceleration or
cancellation of, or result in the creation of a lien or other encumbrance on any property or asset
of Parent or Purchaser pursuant to, any note, bond, mortgage, indenture, contract, agreement,
lease, license, permit, franchise or other instrument or obligation to which Parent or Purchaser is
a party or by which Parent or Purchaser or any property or asset of either of them is bound or
affected, except, with respect to clause (iii), for any such breaches, defaults or other
occurrences which would not, individually or in the aggregate, prevent or materially delay
consummation of the Merger or otherwise prevent Parent or Purchaser from performing its obligations
under this Agreement.

          (b) The execution and delivery of this Agreement by Parent and Purchaser do not, and the
performance of this Agreement by Parent and Purchaser will not, require any consent, approval,
authorization or permit of, or filing with or notification to, any Governmental Authority, except
for (i) applicable requirements, if any, of the Exchange Act, (ii) the premerger notification
requirements of the HSR Act, (iii) the requirements of the Exon-Florio Provision, (iv) the
notification and approval requirements of the EC Merger Regulation or any consent required and
filing requirements under any applicable antitrust, competition or fair trade Laws or any European
Union member state, (v) any additional consents and filings required under any other applicable
foreign antitrust, competition or fair trade Laws, (vi) the filing and recordation of appropriate
merger documents as required by the DGCL, and (vii) where the failure to obtain such consents,
approvals, authorizations or permits, or to make such filings or notifications, would not,
individually or in the aggregate, prevent or materially delay consummation of the Merger, or
otherwise prevent Parent or Purchaser from performing its obligations under this Agreement.

          SECTION 5.05 Financing. Parent will have available at the Closing Date, the funds
necessary to consummate the Merger.

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          SECTION 5.06 Proxy Statement. The information supplied by Parent for inclusion in
the Proxy Statement shall not, at the date the Proxy Statement (or any amendment or supplement
thereto) is first mailed to stockholders of the Company, at the time of the Stockholders’ Meeting
or at the Effective Time, contain any untrue statement of a material fact, or omit to state any
material fact required to be stated therein or necessary in order to make the statements therein,
in light of the circumstances under which they were made, not false or misleading, or necessary to
correct any statement in any earlier communication with respect to the solicitation of proxies for
the Stockholders’ Meeting which shall have become false or misleading.

          SECTION 5.07 Brokers. No broker, finder or investment banker (other than Citigroup
Global Markets Limited) is entitled to any brokerage, finder’s or other fee or commission in
connection with the Merger based upon arrangements made by or on behalf of Parent or Purchaser.

          SECTION 5.08 Other Agreements or Understandings. Parent has disclosed to the
Company all contracts, arrangements or understandings (and, with respect to those that are written,
Parent has furnished to the Company correct and complete copies thereof) between or among Parent,
Purchaser, or any affiliate of Parent, on the one hand, and any executive officer or director of
the Company or any person that owns five percent (5%) or more of the shares of the Company capital
stock, on the other hand.

          SECTION 5.09 No Other Representations and Warranties. Neither Parent, Purchaser,
nor any other Person makes any representation or warranty, express or implied, as to the accuracy
or completeness of any information regarding Parent or Purchaser, in each case, except as expressly
set forth in this Agreement.

ARTICLE VI

CONDUCT OF BUSINESS PENDING THE MERGER

          SECTION 6.01 Conduct of Business by the Company Pending the Merger. The Company
agrees that, between the date of this Agreement and the Effective Time, unless Parent shall
otherwise agree in writing, the businesses of the Company and the Subsidiaries shall be conducted
only in, and the Company and the Subsidiaries shall not take any action except in, the ordinary
course of business; and the Company shall (i) use its commercially reasonable efforts to preserve
substantially intact, the business organization of the Company and the Subsidiaries, taken as a
whole, (ii) use its commercially reasonable efforts to keep available the services of the current
officers, employees and consultants of the Company and the Subsidiaries and (iii) use its
commercially reasonable efforts to preserve the current relationships of the Company and the
Subsidiaries with customers, suppliers and other persons with which the Company or any Subsidiary
has significant business relations. By way of amplification and not limitation, except as
expressly contemplated by this Agreement and Section 6.01 of the Disclosure Schedule, neither the
Company nor any Subsidiary shall, between the date of this Agreement and the Effective Time,
directly or indirectly, do, or propose to do, any of the following without the prior written
consent of Parent (which consent shall not be unreasonably withheld, conditioned or delayed):

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          (a) amend or otherwise change the Company Governing Documents or equivalent organizational
documents of any Subsidiary;

          (b) issue, sell, pledge, dispose of, grant or encumber, or authorize the issuance, sale,
pledge, disposition, grant or encumbrance of, (i) any shares of any class of capital stock of the
Company or any Subsidiary, or any options, warrants, convertible securities or other rights of any
kind to acquire any shares of such capital stock, or any other ownership interest (including, any
phantom interest), of the Company or any Subsidiary, other than (x) the issuance of Shares pursuant
to the exercise of Company Equity Awards and Warrants outstanding as of the date hereof or (y) the
sale of Shares pursuant to the exercise or settlement of Company Equity Awards if necessary to
effectuate an optionee direction upon exercise or for withholding of Taxes, or (ii) except in the
ordinary course of business and in a manner consistent with past practice, any assets of the
Company or any Subsidiary (including Company Owned Intellectual Property and Company Licensed
Intellectual Property);

          (c) declare, set aside, make or pay any dividend or other distribution, payable in cash,
stock, property or otherwise, with respect to any of its capital stock, other than dividends or
distributions by a direct or indirect wholly owned Subsidiary of the Company to its parent in the
ordinary course of business and in a manner consistent with past practice;

          (d) reclassify, combine, split, subdivide or redeem, or purchase or otherwise acquire,
directly or indirectly, any of its capital stock;

          (e) (i) acquire (including by merger, consolidation, or acquisition of stock or assets or any
other business combination) any corporation, partnership, other business organization or any
division thereof or any material amount of assets; (ii) incur any Indebtedness or issue any debt
securities or assume, guarantee or endorse, or otherwise become responsible for, the obligations of
any person, or make any loans or advances, or grant any security interest in any of its assets, in
each case, except in the ordinary course of business and in a manner consistent with past practice;
(iii) enter into any contract or agreement that contemplates the payment or receipt by the Company
or any Subsidiary of an amount in excess of five million dollars ($5,000,000) in any twelve (12)
month period, other than in the ordinary course of business; (iv) authorize, or make any commitment
with respect to, (A) any single capital expenditure which is in excess of five million dollars
($5,000,000) or (B) capital expenditures which are, in excess of twenty million dollars
($20,000,000) in any calendar quarter or sixty million dollars ($60,000,000) in the aggregate for
the Company and its subsidiaries taken as a whole; or (v) enter into or amend any contract,
agreement, commitment or arrangement with respect to any matter set forth in this Section 6.01(e);

          (f) increase the compensation payable or to become payable or the benefits provided to its
directors, officers or employees (except for increases in the ordinary course of business and in a
manner consistent with past practice in salaries, wages, bonuses, incentives or benefits of
employees of the Company or any Subsidiary who are not directors of the Company or any Subsidiary),
or, except in accordance with agreements existing as of the date hereof, grant any severance or
termination pay to, or, except as set forth in Schedule 6.01(f), enter into any employment or
severance agreement with, any director, officer or other employee of the Company or of any
Subsidiary (except for agreements entered into with new employees in the

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ordinary course of business consistent with past practice or except for agreements that do not
provide for any severance entitlements), or establish, adopt, enter into or amend any collective
bargaining, bonus, profit-sharing, thrift, compensation, stock option, restricted stock, pension,
retirement, deferred compensation, employment, termination, severance or other plan, agreement,
trust, fund, policy or arrangement for the benefit of any director, officer or employee;

          (g) except as required by applicable Law or changes in U.S. GAAP, or as recommended by the
Company’s audit committee upon advice of its independent auditors, in which case the Company shall
notify Parent, materially change any of its accounting policies;

          (h) make or change any income Tax election or any other material Tax election, change any
accounting or Tax accounting method, file any income Tax Return or any amendment to an income Tax
Return, or settle or compromise any United States federal, state, local or non-United States income
Tax liability in excess of two million dollars ($2,000,000), or enter into any intercompany
transaction within the meaning of Treasury Regulation Section 1.1502-13;

          (i) amend or modify in any material respect or consent to the termination of any Material
Contract, or amend or modify in any material respect or waive or consent to the termination of any
material rights of the Company or any Subsidiary thereunder, in each case, other than in the
ordinary course of business;

          (j) (A) settle any Action other than for monetary damages payable by the Company or any
subsidiary not in excess of one million dollars ($1,000,000) individually, or more than ten million
dollars ($10,000,000) in the aggregate or (B) commence any Action other than in the ordinary course
of business and in a manner consistent with past practice;

          (k) permit any material item of Company Owned Intellectual Property to lapse or to be
abandoned, dedicated, or disclaimed, fail to perform or make any material applicable filings,
recordings or other similar actions or filings, or fail to pay all fees and taxes required to
maintain and protect its interest in each and every material item of Company Owned Intellectual
Property;

          (l) fail to make in a timely manner any filings with the SEC required under the Securities Act
or the Exchange Act or the rules and regulations promulgated thereunder; or

          (m) announce an intention, enter into any formal or informal agreement or otherwise make a
commitment, to do any of the foregoing.

Notwithstanding any provision of this Section 6.01, the Company may take any action (or refrain
from taking any action) as required by applicable Law (including changes to applicable law
occurring subsequent to the date of this Agreement) and as required, permitted or contemplated by
any other provision of this Agreement.

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ARTICLE VII

ADDITIONAL AGREEMENTS

          SECTION 7.01 Proxy Statement. Each of the Company and Parent shall cooperate with
each other in the preparation of a Proxy Statement in preliminary and definitive form relating to
the meeting of the stockholders of the Company, including any amendment or supplement to the Proxy
Statement. The Company shall promptly (and in any event no later than on October 19, 2007) prepare
and file with the SEC a preliminary Proxy Statement and shall use its reasonable best efforts to
have the Proxy Statement cleared by the SEC as promptly as practicable; provided,
however, that the Company shall furnish such preliminary Proxy Statement to Parent and give
Parent and its legal counsel a reasonable opportunity to review and comment on such preliminary
Proxy Statement prior to filing with the SEC and shall accept all reasonable additions, deletions
or changes suggested by Parent in connection therewith. The Company shall notify Parent of the
receipt of any comments of the SEC staff with respect to the preliminary Proxy Statement and of any
requests by the SEC for any amendment or supplement thereto or for additional information and shall
provide to Parent as promptly as reasonably practicable, copies of all written correspondence (and
written summaries of any oral comments) between the Company or any representative of the Company
and the SEC with respect to the Proxy Statement. If comments are received from the SEC staff with
respect to the preliminary Proxy Statement, the Company shall respond as promptly as reasonably
practicable to the comments of the SEC. The Company shall provide Parent and its legal counsel
with a reasonable opportunity to review and comment on any amendment or supplement to each of the
preliminary and the definitive Proxy Statement prior to filing with the SEC and shall accept all
reasonable additions, deletions or changes suggested by Parent in connection therewith. Parent and
Purchaser shall promptly provide the Company with such information as may be required to be
included in the Proxy Statement or as may be reasonably required to respond to any comment of the
SEC staff. After all the comments received from the SEC have been cleared by the SEC staff and all
information required to be contained in the Proxy Statement have been included therein by the
Company, the Company shall file the definitive Proxy Statement with the SEC and cause the Proxy
Statement to be mailed (including by electronic delivery if permitted) as promptly as reasonably
practicable, to its stockholders of record, as of the record date established by the Board. Each
of the parties shall correct promptly, any information provided by it to be used specifically in
the Proxy Statement, if required, that shall have become false or misleading in any material
respect and shall take all steps necessary to file with the SEC and have cleared by the SEC any
amendment or supplement to the Proxy Statement so as to correct the same and to cause the Proxy
Statement as so corrected to be disseminated to the stockholders of the Company, in each case to
the extent required by applicable Law.

          SECTION 7.02 Stockholders’ Meeting. The Company, acting through the Board, shall,
in accordance with applicable Law and the Company’s Governing Documents, (i) duly call, give notice
of, convene and hold a meeting of its stockholders as promptly as practicable after the mailing of
the Proxy Statement to the Company’s stockholders (and in any event no later than thirty (30) days
after the mailing of the Proxy Statement) for the purpose of considering and taking action on this
Agreement and the Merger (the “Stockholders’ Meeting”) and (ii) (A) include in the Proxy
Statement, a statement to the effect that the Board has recommended that the stockholders of the
Company approve and adopt this Agreement and the Merger, unless the Board has effected a Change in
Board Recommendation in accordance with

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Section 7.04, and (B) use its reasonable best efforts to obtain such approval and adoption.
Notwithstanding the foregoing, the Company may only adjourn or postpone the Stockholders’ Meeting
with the consent of Parent to the extent necessary to ensure that any required supplement or
amendment to the Proxy Statement is provided to the Company’s stockholders or, if as of the time
the Stockholders’ Meeting is originally scheduled (as set forth in the Proxy Statement), there are
insufficient Shares of Company voting stock represented (either in person or by proxy) to
constitute a quorum necessary to conduct the business of the Stockholders’ Meeting;
provided that no adjournment may be to a date on or after three (3) Business Days prior to
the date set forth in Section 9.01(b)(i).

          SECTION 7.03 Access to Information; Confidentiality. (a) From the date hereof
until the Effective Time, the Company shall, and shall authorize the Subsidiaries and the officers,
directors, employees, auditors, advisors and agents of the Company and the Subsidiaries to, afford
the officers, employees and agents of Parent and Purchaser and persons providing or proposing to
provide Parent or Purchaser with financing for the Merger, reasonable access during normal business
hours to the officers, employees, agents, properties, offices, plants and other facilities, books
and records of the Company and each Subsidiary, and shall furnish Parent and Purchaser and persons
providing or proposing to provide Parent or Purchaser with financing for the Merger with such
financial, operating and other data and information as Parent or Purchaser, through its officers,
employees or agents, may reasonably request, including information relating to the Company’s and
any of its subsidiaries’ use of Open Source, in all cases to the extent permissible under
applicable Law.

          (b) All information obtained by Parent or Purchaser pursuant to this Section 7.03 shall be
kept confidential in accordance with the Mutual Non-Disclosure Agreement, dated August 28, 2007
(the “Confidentiality Agreement”), between Parent and the Company.

          (c) No investigation pursuant to this Section 7.03 shall affect any representation or warranty
in this Agreement of any party hereto or any condition to the obligations of the parties hereto or
any condition to the Merger.

          SECTION 7.04 No Solicitation of Transactions. (a) Subject to the provisions of
Section 7.04(c) and (d), neither of the Company or any Subsidiary shall, nor shall either of them
authorize or permit any of the directors, officers, employees, agents, advisors and other retained
representatives (including any investment banker, attorney or accountant) of the Company or any
Subsidiary, to, directly or indirectly, (i) solicit, initiate or encourage (including by way of
furnishing nonpublic information), or knowingly facilitate any inquiries or the making of any
proposal or offer that constitutes, or may reasonably be expected to lead to, any Competing
Transaction, (ii) enter into or maintain or continue discussions or negotiations with any person or
entity in furtherance of such inquiries or to obtain a proposal or offer for a Competing
Transaction, or (iii) agree to, approve, endorse or recommend any Competing Transaction or enter
into any letter of intent or other contract, agreement, commitment or understanding contemplating
or otherwise relating to any Competing Transaction (other than an Acceptable Confidentiality
Agreement as contemplated by Section 7.04(c)); provided, however, that nothing in
this Section 7.04 shall preclude the Company or its representatives from contacting any person for
the sole purpose of complying with the penultimate sentence of this Section 7.04(a). The Company
shall, and shall direct or cause its and its Subsidiaries’ directors, officers, employees,

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agents, advisors and other retained representatives to (i) immediately cease and cause to be
terminated any discussions or negotiations with any parties that may have been conducted heretofore
with respect to a Competing Transaction and (ii) cause any physical or virtual data room
(including, for the avoidance of doubt, the Data Room) no longer to be accessible to or by any
person other than Parent and its representatives, affiliates and advisors and the Company and its
representatives, affiliates and advisors. The Company shall not release any third person from or
waive any provision of, any confidentiality or standstill agreement to which it or any of its
Subsidiaries is a party unless the Board determines in good faith after consultation with outside
legal counsel that it would be inconsistent with its fiduciary duties to not provide such release
or waiver.

          (b) The Company shall notify Parent promptly orally and then promptly in writing (and in no
event later than forty-eight (48) hours) after it or any of its Subsidiaries has received any
proposal, inquiry or offer (or any amendment thereto) that constitutes, or is reasonably likely to
lead to, a Competing Transaction, any request for discussions or negotiations in connection with a
Competing Transaction or a potential Competing Transaction or any request for access to the
properties or books and records of the Company or any of its Subsidiaries. Such notice shall
include a description of the terms and conditions of, and the identity of the person making any
proposal, inquiry, offer or request (including any amendments thereto) regarding a Competing
Transaction.

          (c) Notwithstanding anything to the contrary in this Agreement, at any time prior to obtaining
the affirmative vote of the holders of a majority of the outstanding Shares in favor of adoption of
this Agreement (the “Company Required Vote”), the Company may furnish information to,
including nonpublic information, and enter into discussions or negotiations with, a person who has
made an unsolicited, written, bona fide proposal or offer regarding a Competing Transaction, if the
Board has (i) determined, in good faith after consultation with its financial advisor and outside
legal counsel, that such Competing Transaction is, or is reasonably likely to lead to, a Superior
Proposal, (ii) determined, in good faith after consultation with outside legal counsel, that, in
light of such determination that such Competing Transaction is, or is reasonably likely to lead to,
a Superior Proposal, the failure to furnish such information or enter into such discussions or
negotiations would be inconsistent with its fiduciary obligations under applicable Law, (iii)
provided written notice to Parent of its determinations described in clauses (i) and (ii) above and
provided the required information pursuant to Section 7.04(b), and (iv) obtained from such person
an executed confidentiality agreement on terms no less favorable to the Company than those
contained in the Confidentiality Agreement, including a standstill provision substantially similar
to the standstill provision included in the Confidentiality Agreement (it being understood that
such confidentiality agreement or any other related agreement shall not include any provision
having the effect of prohibiting the Company from satisfying its material obligations under this
Agreement) (an “Acceptable Confidentiality Agreement”).

          (d) The Company may, prior to obtaining the Company Required Vote, (i) withdraw, amend, modify
or qualify, in any manner adverse to Parent, the recommendation of the Board of this Agreement and
the Merger in favor of a Superior Proposal (a “Change in Board Recommendation”); and (ii)
accept, approve, endorse or recommend a Superior Proposal, but in each case, if and only to the
extent that:

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               (i) The Company shall have received an unsolicited bona fide written Competing Transaction
from such person (in circumstances not involving any breach of this Section 7.04);

               (ii) The Board shall have determined, in good faith after consultation with its financial
advisor and outside legal counsel, that such Competing Transaction constitutes a Superior Proposal;

               (iii) The Board shall have determined, in good faith after consultation with outside legal
counsel, that the failure to take such action would be inconsistent with its fiduciary obligations
under applicable Law;

               (iv) The Company shall have provided written notice to Parent at least three (3) Business Days
prior to making such Change in Board Recommendation or publicly announcing that it may make such
Change in Board Recommendation which notice shall state expressly (A) that the Company has received
a Superior Proposal, (B) a description of the final terms and conditions of, and the identity of
the person or persons making the Superior Proposal and a copy of the latest draft of the agreement
with respect to such Superior Proposal (and any amendments thereto) and (C) that the Board intends
to effect a Change in Board Recommendation (and the Board shall keep Parent reasonably apprised of
any developments with respect to such Superior Proposal, including any changes in any material
terms during such period);

               (v) The Company shall have provided Parent with a reasonable opportunity to make such changes
or adjustments in the terms and conditions of this Agreement during such three (3) Business Day
period, and negotiate in good faith with respect thereto, as would enable the Board to proceed with
its recommendation to the Company’s stockholders in favor of adoption of this Agreement without
making a Change in Board Recommendation; and

               (vi) The Board shall have determined in good faith (A) after consultation with its financial
advisor and outside legal counsel, that the Superior Proposal continues to be a Superior Proposal
as compared to the terms and conditions of the Merger and this Agreement as proposed to be changed
or adjusted by Parent and (B) after consultation with outside legal counsel, that the failure to
effect a Change in Board Recommendation would be inconsistent with its fiduciary obligations under
applicable Law, and has given Parent written notice of such determination promptly upon such
determination.

Notwithstanding the foregoing, the Company shall not be entitled to enter into any definitive
agreement with respect to a Superior Proposal unless this Agreement has been, or concurrently is,
terminated by its terms pursuant to Section 9.01(c)(i) or Section 9.01(d)(i) and the Company has
paid, or concurrently with such termination pays, the Fee due to Parent pursuant to Section 9.03.

          SECTION 7.05 Employee Benefits Matters. Parent shall cause the Surviving Corporation and
each of its subsidiaries, for the period commencing at the Effective Time and ending on the first
anniversary of the Effective Time, to maintain for Company employees compensation levels (such term
to include salary, cash bonus opportunities and commissions)

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and benefits (excluding equity-based compensation) that in the aggregate are not less favorable
than the overall compensation levels and benefits (excluding equity-based compensation) maintained
for and provided to such Company employees as of the date hereof. From and after the Effective
Time, employees of the Company or any subsidiary shall receive credit for purposes of eligibility
to participate and vesting under any employee benefit plan, program or arrangement (other than
equity-based compensation plans) established or maintained by the Surviving Corporation or any of
its subsidiaries for service accrued or deemed accrued prior to the Effective Time with the Company
or any subsidiary; provided, however, that such crediting of service shall not
operate to duplicate any benefit or the funding of any such benefit or in an unusual or unintended
increase in such benefit; provided, further, to the extent that an employee of the
Company or any subsidiary is paid severance in connection with the Merger, such employee shall not
be provided with full credit for service recognized by the Surviving Corporation for purposes of
any future severance or severance-like payments.

          SECTION 7.06 Directors’ and Officers’ Indemnification and Insurance. (a) From
and after the Effective Time, Parent shall, and shall cause the Company or the Surviving
Corporation, as applicable, and its Subsidiaries to, honor and fulfill in all respects the
obligations of the Company and its Subsidiaries under applicable provisions of Delaware law
relating to indemnification of directors and officers, under the Company’s Governing Documents in
effect as of the date hereof, and under any and all indemnification agreements in effect as of the
date hereof between the Company or any of its Subsidiaries and any of their respective current or
former directors or officers and any person who becomes a director or officer of the Company or any
of its Subsidiaries prior to the Effective Time (each, an “Indemnified Party” and,
collectively, the “Indemnified Parties”), with respect to any matter arising out of,
relating to, or in connection with any acts or omissions occurring or alleged to have occurred
prior to the Effective Time, including in connection with the approval of this Agreement and the
Merger. In addition, from and after the Effective Time, Parent shall, and shall cause the Company
or the Surviving Corporation, as applicable, and its Subsidiaries to, advance expenses (including
reasonable legal fees and expenses) incurred in the defense of any claim, action, suit, proceeding
or investigation with respect to any matters subject to indemnification pursuant to this Section
7.06 pursuant to the procedures set forth, and to the fullest extent provided in the Company’s
Governing Documents or such indemnification agreements; provided, however, that,
prior to any such advance, any Indemnified Party to whom expenses are advanced shall sign a written
undertaking to repay such advanced expenses to the Surviving Corporation as soon as reasonably
practicable if it is ultimately determined that such Indemnified Party is not entitled to
indemnification or advancement. Further, from and after the Effective Time, Parent shall not, and
shall cause the Company or the Surviving Corporation, as applicable, and its Subsidiaries not to,
settle, compromise or consent to the entry of any judgment in any proceeding or threatened action,
suit, proceeding, investigation or claim by or before any Governmental Authority, with respect to
any matter arising out of, relating to, or in connection with any acts or omissions occurring or
alleged to have occurred prior to the Effective Time (in which indemnification could be sought by
such Indemnified Party under Delaware law, the indemnification provisions in the Company’s
Governing Documents or his or her indemnification agreement), brought against any Indemnified
Party, unless such settlement, compromise or consent includes an unconditional release of such
Indemnified Party from all liability arising out of such action, suit, proceeding, investigation or
claim or such Indemnified Party otherwise consents in writing and

40

 

Parent, the Company and the Surviving Corporation shall, and shall cause its or their
Subsidiaries to, cooperate in the defense of any such matter.

          (b) The Certificate of Incorporation and Bylaws of the Surviving Corporation shall contain
provisions no less favorable with respect to indemnification, exculpation and advancement of
expenses with respect to any matter arising out of, relating to, or in connection with any acts or
omissions occurring or alleged to have occurred prior to the Effective Time than are set forth in
the Company’s Governing Documents in effect as of the date hereof, which provisions shall not be
amended, repealed or otherwise modified for a period of six years from the Effective Time in any
manner that would affect adversely the rights thereunder of any Indemnified Party, unless such
modification shall be required by law. In addition, all indemnification agreements with
Indemnified Parties in existence on the date of this Agreement shall continue in full force and
effect in accordance with their terms.

          (c) From and after the Effective Time, Parent shall, and shall cause the Company or the
Surviving Corporation, as applicable, and its Subsidiaries to, maintain in effect for six years
from the Effective Time all directors’ and officers’ liability insurance policies (“D&O
Insurance”) currently maintained by the Company and its Subsidiaries with respect to any matter
arising out of, relating to, or in connection with any acts or omissions occurring or alleged to
have occurred prior to the Effective Time, including in connection with the approval of this
Agreement and the Merger, provided that the Company or the Surviving Corporation, as applicable,
may substitute therefor policies of at least the same coverage and amounts containing terms and
conditions that are no less favorable in the aggregate to the insured with such policy or policies
underwritten by a carrier with the same or better A.M. Best rating (and provided, further, that
such substitution shall not result in gaps or lapses of coverage with respect to matters occurring
before the Effective Time); further, provided, however, that in no event
shall the Company or the Surviving Corporation, as applicable, be required to expend pursuant to
this Section 7.06(c) more than an amount per year equal to two hundred fifty percent (250%) of
current annual premiums paid by the Company for such insurance (which premiums the Company
represents and warrants to be approximately eight hundred seventy thousand dollars ($870,000) in
the aggregate). In the event that, but for the proviso to the immediately preceding sentence, the
Company or the Surviving Corporation, as applicable, would be required to expend more than two
hundred fifty percent (250%) of the current annual premiums paid by the Company, Parent shall, or
shall cause the Company or the Surviving Corporation, to obtain the maximum amount of such
insurance obtainable by payment of annual premiums equal to two hundred fifty percent (250%) of the
current annual premiums paid by the Company. In lieu of the foregoing, Parent may, on behalf of
the Company or the Surviving Corporation, as applicable, elect to obtain prepaid insurance policies
prior to the Effective Time, which policies provide the Indemnified Parties with D&O Insurance
coverage of equivalent amount and on at least as favorable terms in the aggregate as that provided
by the Company’s current D&O Insurance policies for an aggregate period of at least six years with
respect to claims arising out of, relating to, or in connection with any acts or omissions
occurring or alleged to have occurred prior to the Effective Time, including in connection with the
approval of this Agreement and the Merger. If such prepaid policies have been obtained prior to
the Effective Time, which the Company may only obtain with the prior written consent of Parent
(such consent not to be unreasonably withheld) Parent shall, and shall cause the Company or the
Surviving Corporation,

41

 

as applicable to, maintain such policies in full force and effect, and continue to honor the
obligations thereunder.

          (d) In the event the Company or the Surviving Corporation or any of their respective
successors or assigns (i) consolidates with or merges into any other person and shall not be the
continuing or surviving corporation or entity of such consolidation or merger or (ii) transfers all
or substantially all of its properties and assets to any person, then, and in each such case,
proper provision shall be made so that the successors and assigns of the Company or the Surviving
Corporation, as the case may be, or at Parent’s option, Parent, shall assume the obligations set
forth in this Section 7.06.

          (e) This Section 7.06 is intended for the irrevocable benefit of, and to grant third party
rights to, the Indemnified Parties and shall be binding on all successors and assigns of the
Company, Parent and Surviving Corporation. This Section 7.06 shall not be amended in a manner that
is adverse to the Indemnified Parties (including their successors and heirs) or terminated without
the consent of the Indemnified Parties (including their successors and heirs) affected thereby.
Each of the Indemnified Parties shall be entitled to enforce the covenants contained in this
Section 7.06.

          SECTION 7.07 Notification of Certain Matters. From the date hereof to the Effective
Time, the Company shall give prompt notice to Parent, and each of Parent and Purchaser shall give
prompt notice to the Company, of (i) any notice or other communication received by such party from
any Governmental Authority in connection with the Merger or the transactions contemplated thereby
or from any person alleging that the consent of such person is or may be required in connection
with the Merger if the subject matter of such communication or the failure of such party to obtain
such consent purports to materially affect the consummation of the Merger, (ii) any actions, suits,
claims, investigations or proceedings commenced or, to such party’s knowledge, threatened against
such party or any of its subsidiaries which purports to materially affect the consummation of the
Merger, (iii) the occurrence, or non-occurrence, of any event the occurrence, or non-occurrence, of
which would reasonably be expected to cause any representation or warranty contained in this
Agreement to be untrue or inaccurate in any material respect, and (iv) any failure of the Company,
Parent or Purchaser, as the case may be, to comply with or satisfy any covenant or agreement to be
complied with or satisfied by it hereunder; provided, however, that the delivery of
any notice pursuant to this Section 7.07 shall not limit or otherwise affect the remedies available
hereunder to the party receiving such notice.

          SECTION 7.08 Further Action; Commercially Reasonable Best Efforts. (a) Upon
the terms and subject to the conditions of this Agreement, each of the parties hereto shall (i)
make promptly its respective filings, and thereafter make any other required submissions, under the
HSR Act, the EC Merger Regulation or other applicable foreign, federal or state antitrust,
competition or fair trade Laws with respect to the Merger and (ii) use its commercially reasonable
best efforts to take, or cause to be taken, all appropriate action, and to do, or cause to be done,
all things necessary, proper or advisable under applicable Law to consummate and make effective the
Merger, including using its commercially reasonable best efforts to obtain all Permits, consents,
approvals, authorizations, qualifications and orders of Governmental Authorities and parties to
contracts with the Company and the Subsidiaries as are necessary for the consummation of the Merger
and to fulfill the conditions to the Merger. Parent and

42

 

Purchaser shall promptly submit the voluntary notice of the Merger to the Chairman of the
Committee on Foreign Investment in the United States (“CFIUS”) provided for in 31 C.F.R. §§
800.401-.402 and pursuant to the Exon-Florio Provision (the “CFIUS Filing”), and each of
the parties hereto shall make such additional filings and submissions as may be reasonably
advisable under the Exon-Florio Provision in respect of the Merger. In case, at any time after the
Effective Time, any further action is necessary or desirable to carry out the purposes of this
Agreement, the proper officers and directors of each party to this Agreement shall use their
commercially reasonable best efforts to take all such action. Each of the parties hereto agrees to
cooperate and use its commercially reasonable best efforts to (i) vigorously contest and resist any
Action instituted or brought by a third party, including administrative or judicial Action that
seeks to restrict, prevent or prohibit consummation of the Merger, and (ii) have vacated, lifted,
reversed or overturned any decree, judgment, injunction or other order (whether temporary,
preliminary or permanent) that is in effect and that restricts, prevents or prohibits consummation
of the Merger, including in each case, by vigorously pursuing all available avenues of
administrative and judicial appeal. Notwithstanding any other provision of this Agreement, in the
event that undertakings, conditions or other actions are requested of Parent, Purchaser or Nokia by
any Governmental Authority as a condition to such Governmental Authority’s consent to, approval of,
or determination or agreement not to enjoin, make illegal or materially delay, the Merger, Parent,
Purchaser and Nokia hereby undertake and agree to take all necessary action to agree to a FRAND
(fair, reasonable, and non-discriminatory) license of products (but not services) of the Company
(as they currently exist and are licensed or sold by the Company and as they may be modified or
further developed in the future, including non-discrimination in the frequency, modes and methods
by which such products are delivered) on terms acceptable to the relevant Governmental Authority,
so as to permit the Merger to be completed.

          (b) Each party shall promptly notify the other party of any material communication it receives
from any Governmental Authority relating to any filings, or submissions under the HSR Act, the EC
Merger Regulation or any applicable merger Laws of any European Union member state that has
jurisdiction to review the Merger, the Exon-Florio Provision or other applicable foreign, federal
or state antitrust, competition or fair trade Laws, including, for the avoidance of doubt, the
CFIUS Filing. Each party agrees to provide promptly to the other party all necessary information
and assistance as any Governmental Authority may from time to time require in connection with
obtaining the relevant approvals, consents or expiration of waiting periods in relation to these
filings. Each party shall promptly provide all reasonable assistance and cooperation to allow the
other party to prepare and submit any filings, or submissions under the HSR Act, the EC Merger
Regulation, the Exon-Florio Provision (including, for the avoidance of doubt, the CFIUS Filing) or
other applicable foreign, federal or state antitrust, competition or fair trade Laws, including
providing to the other any information that the other party may from time to time require for the
purpose of any filing, notification, application or request for further information made in respect
of any such filing.

          SECTION 7.09 Public Announcements. Parent, Purchaser and the Company agree that no
public release or announcement concerning the Merger shall be issued by either party without the
prior consent of the other party (which consent shall not be unreasonably withheld), except as such
release or announcement may be required by Law or Governmental Authority, in which case the party
required to make the release or announcement shall use its reasonable efforts to allow the other
party reasonable time to comment on such release or

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announcement in advance of such issuance. The parties have agreed upon the form of a joint
press release announcing the Merger and the execution of this Agreement.

          SECTION 7.10 Confidentiality Agreement. The Company hereby waives the provisions of
the Confidentiality Agreement as and to the extent necessary to permit the actions or transactions
permitted or contemplated by the Agreement and the consummation of the Merger. Upon the Effective
Time, the Confidentiality Agreement shall be deemed to have terminated without further action by
the parties thereto.

ARTICLE VIII

CONDITIONS TO THE MERGER

          SECTION 8.01 Conditions to Each Party’s Obligation to Effect the Merger. The
respective obligation of each party to effect the Merger shall be subject to the satisfaction or
written waiver, at or prior to the Effective Time, of the following conditions:

          (a) Stockholder Approval. This Agreement shall have been adopted by the Company
Required Vote in accordance with the DGCL and the Company’s Governing Documents;

          (b) No Order. No Governmental Authority having jurisdiction over any party hereto
shall have issued, enacted, promulgated, enforced or entered any legal restraint, injunction,
prohibition or Law (whether temporary, preliminary or permanent) (collectively,
“Restraints”), which is then in effect and has the effect of enjoining, restraining,
prohibiting or making illegal the consummation of the Merger; provided, however,
that Parent and Purchaser shall have complied with their obligations under Section 7.08 of this
Agreement;

          (c) No Action. There shall not be pending any Action instituted or initiated by any
federal Governmental Authority in the United States or any Governmental Authority in the European
Union or any European Union member state seeking a Restraint with respect to the consummation of
the Merger which would enjoin, restrain, prohibit or make illegal the consummation of the Merger;

          (d) Regulatory Approvals.

               (i) any applicable waiting period under the HSR Act shall have expired or been terminated;

               (ii) the European Commission shall have taken a decision (or been deemed to have taken a
decision) under Article 6(1)(b) or, if the European Commission has initiated proceedings pursuant
to Article 6(1)(c), under Article 8 of the EC Merger Regulation, declaring the Merger compatible
with the common market or any national competition authority of any European Union member state
with jurisdiction shall have taken a decisions clearing or approving the transaction under any
applicable antitrust, competition or fair trade Laws of any European Union member state or any
applicable waiting period under such Laws shall have expired, lapsed or been terminated; and

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               (iii) all applicable waiting and other time periods under other applicable foreign, federal or
state antitrust, competition or fair trade Laws or applicable Laws having expired, lapsed or been
terminated (as appropriate) and all regulatory clearances in any relevant jurisdiction having been
obtained, in each case, in respect of the Merger unless otherwise waived by Purchaser (the
“Foreign Antitrust Condition”); provided, however, that with respect to the
Foreign Antitrust Condition, the failure of such condition shall not relieve either Parent or
Purchaser of its obligation to consummate the Merger if the failure of a waiting period to expire
or be terminated or the failure to obtain any required approval would not reasonably be expected to
result in material limitations on the operation by Parent of the assets of Parent, its subsidiaries
or the Company or its subsidiaries or the failure of a waiting period to expire or be terminated or
the failure to obtain any required approval would not subject Parent or Purchaser to the payment of
a material fine or penalty;

          (e) Exon-Florio. CFIUS shall have notified Parent and the Company in writing that
action under the Exon-Florio Provision is concluded with respect to the Merger, this Agreement and
the transactions contemplated hereby, or in the event that CFIUS has undertaken an investigation,
CFIUS shall have terminated such investigation or the President of the United States shall have
elected to take no action to suspend or prohibit the Merger, this Agreement and the transactions
contemplated hereby under Section 721(d) of the Defense Production Action of 1950, as amended (50
U.S.C. App. § 2170(d)).

          SECTION 8.02 Additional Conditions to the Obligations of Parent and Purchaser. The
obligations of Parent and Purchaser to effect the Merger shall be subject to the satisfaction or
written waiver (to the extent permitted by applicable Law), at or prior to the Effective Time, of
the following conditions:

          (a) Representations and Warranties of the Company. (i) Each of the representations
and warranties of the Company set forth in this Agreement shall be true and correct (without giving
effect to any materiality or Material Adverse Effect qualification contained therein, other than
with respect to the representations in Section 4.08, as to which such limitations shall apply) as
of the date of this Agreement and as of the Closing Date as though made on and as of the Closing
Date (except to the extent that any such representation or warranty refers specifically to a
particular date, in which case such representation or warranty shall be true and correct as of such
date, and except for representations and warranties that are not true and correct as a result of
changes resulting from actions permitted pursuant to Section 6.01 of this Agreement), except where
the failure to be so true and correct, individually or in the aggregate, has not had and would not
reasonably be expected to have a Material Adverse Effect and (ii) each of the representations and
warranties of the Company set forth in Sections 4.03(a) (except for inaccuracies in the amounts set
forth therein that in the aggregate are de minimis) and 4.14(d) shall be true and correct in all
respects as of the Effective Time;

          (b) Performance of Obligations of the Company. The Company shall have performed, or
complied with, in all material respects, all obligations, agreements or covenants of the Company to
be performed or complied with by it under this Agreement at or prior to the Effective Time;

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          (c) Absence of a Material Adverse Effect. A Material Adverse Effect shall not have
occurred.

          (d) Closing Deliverables. The Company shall have delivered to Parent on the Closing
Date each of the following:

               (i) a certificate of the Company, dated as of the Closing Date, signed by its Chief Executive
Officer or Chief Financial Officer, certifying that the conditions specified in Sections 8.02(a)
and (b) have been satisfied; and

               (ii) certified copies of the resolutions duly adopted by the Board authorizing the execution,
delivery and performance of this Agreement and the consummation of all transactions contemplated
hereby.

          SECTION 8.03 Additional Conditions to the Obligations of the Company. The
obligation of the Company to effect the Merger shall be subject to the satisfaction or written
waiver (to the extent permitted by applicable Law), at or prior to the Effective Time, of the
following conditions:

          (a) Representations and Warranties of Parent and Purchaser. Each of the
representations and warranties of Parent and Purchaser set forth in this Agreement shall be true
and correct as of the date of this Agreement and as of the Closing Date as though made on and as of
the Closing Date (except to the extent that any such representation or warranty refers specifically
to a particular date, in which case such representation or warranty shall be true and correct as of
such date), except for such failures to be true and correct (without regard to qualification or
exceptions contained therein as to materiality or material adverse effect) that would not,
individually or in the aggregate be reasonably expected to have a material adverse effect on the
ability of Parent and Purchaser to consummate the transactions contemplated hereby;

          (b) Performance of Obligations of Parent and Purchaser. Parent and Purchaser each
shall have performed or complied with in all material respects, all obligations required to be
performed by it under this Agreement at or prior to the Effective Time;

          (c) Payment Fund. Parent shall have deposited in the Payment Fund cash in an amount
sufficient to permit payment of the aggregate Merger Consideration payable pursuant to Section
2.01; and

          (d) Closing Deliverables. Parent or Purchaser, as applicable, shall have delivered to
the Company on the Closing Date each of the following:

               (i) a certificate of Parent and Purchaser, as applicable, dated as of the Closing Date, signed
by its Chief Executive Officer or Chief Financial Officer (or similar executive officer),
certifying that the conditions specified in Sections 8.03(a) and (b) have been satisfied; and

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               (ii) certified copies of the resolutions duly adopted by Parent’s board of directors and
Purchaser’s board of directors authorizing the execution, delivery and performance of this
Agreement and the consummation of all transactions contemplated hereby.

ARTICLE IX

TERMINATION, AMENDMENT AND WAIVER

          SECTION 9.01 Termination. This Agreement may be terminated and the Merger may be
abandoned at any time prior to the Effective Time, whether before or after the adoption of this
Agreement by the stockholders of the Company:

          (a) by mutual written consent of each of Parent, Purchaser and the Company;

          (b) by either Parent, Purchaser or the Company:

               (i) if the Merger shall not have been consummated on or before October 1, 2008 (the
“Outside Date”); provided, however, that the right to terminate this
Agreement under this Section 9.01(b)(i) shall not be available to any party whose action or failure
to act in breach of this Agreement has been a principal cause of or resulted in the failure of the
Merger to be consummated on or before the Outside Date;

               (ii) if any Restraint having the effect set forth in Section 8.01(b) hereof shall be in effect
and shall have become final and nonappealable; provided, however, that the party
seeking to terminate this Agreement shall have complied in all material respects with its
obligations under Section 7.08 of this Agreement; or

               (iii) if the adoption of this Agreement by the Company Required Vote shall not have been
obtained upon a vote held at a Stockholders’ Meeting, or at any adjournment or postponement
thereof;

          (c) by Parent:

               (i) if the Board shall have made a Change in Board Recommendation;

               (ii) if the Company shall have breached or failed to perform any of its representations,
warranties, covenants or agreements set forth in this Agreement, which breach or failure to perform
(1) would result in a condition set forth in Section 8.02(a) or (b) incapable of being satisfied
and (2) is not cured by the Company within twenty (20) Business Days following receipt of written
notice of such breach or failure from Parent; provided, however, that Parent may
not terminate this Agreement pursuant to this 9.01(c)(ii) if Parent at the time has itself
materially breached or failed to perform its representations, warranties, covenants or agreements
set forth in this Agreement; or

               (iii) if the Company has failed to file with the SEC a preliminary Proxy Statement on or prior
to October 19, 2007 and has not cured such failure to file the preliminary Proxy Statement within
five (5) Business Days following receipt of written notice from Parent of the breach by the Company
of its obligation to file the preliminary Proxy Statement in accordance with the second sentence of
Section 7.01; provided, however, that Parent may not

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terminate this Agreement pursuant to this 9.01(c)(ii) if Parent at the time has itself
materially breached or failed to perform its obligations set forth in Section 7.01;

          (d) by the Company:

               (i) if the Board shall have made a Change in Board Recommendation and the Company has not
materially breached the terms of Section 7.04 of this Agreement; or

               (ii) if Parent or Purchaser shall have breached or failed to perform any of its
representations, warranties, covenants or agreements set forth in this Agreement, which breach or
failure to perform (A) would not have a material adverse effect on Parent’s or Purchaser’s ability
to consummate the Merger and (B) is not cured by Parent within twenty (20) Business Days following
receipt of written notice of such breach or failure to perform from the Company; provided,
however, that the Company may not terminate this Agreement pursuant to this 9.01(d)(ii) if
the Company at the time has itself materially breached or failed to perform its representations,
warranties, covenants or agreements set forth in this Agreement.

          SECTION 9.02 Effect of Termination. In the event of the valid termination of this
Agreement by either the Company, Parent or Purchaser pursuant to Section 9.01, written notice
thereof shall be given to the other party or parties, specifying the provision or provisions hereof
pursuant to which such termination is made, and this Agreement shall forthwith become void and have
no effect, without any further liability or obligation on the part of Parent, Purchaser or the
Company, other than the provisions of Section 9.03 (and any other provision herein related to the
payment of the Fee), this Section 9.02 and Article X, which provisions shall survive such
termination. Nothing herein shall relieve any party hereto from liability for fraud or any willful
and material breach of any of its representations, warranties, covenants or agreements set forth in
this Agreement prior to such termination or alter the provisions of the Confidentiality Agreement.

          SECTION 9.03 Fees. (a) In the event that:

               (i) (A) Parent or the Company terminates this Agreement pursuant to Section 9.01(b)(i) or
Section 9.01(b)(iii), (B) following the execution and delivery of this Agreement, and prior to the
termination of this Agreement, a Competing Transaction shall have been publicly announced or shall
have become publicly known and not withdrawn, and (C) prior to, concurrently with, or within (x)
eight (8) months following such termination the Company executes a definitive agreement with the
person or persons making such Competing Transaction or (y) twelve (12) months following such
termination, the Company consummates such Competing Transaction with the person or persons making
such Competing Transaction;

               (ii) Parent terminates this Agreement pursuant to Section 9.01(c)(i) or Section 9.01(c)(iii);
or

               (iii) the Company terminates this Agreement pursuant to Section 9.01(d)(i);

then, in any such event, the Company shall pay Parent (X) on the date of consummation of the
transactions contemplated in the Competing Transaction referred to in clause (i)(B) above, (Y)

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promptly, but in no event later than two (2) Business Days after Parent terminates this Agreement
pursuant to Section 9.01(c)(i) or Section 9.01(c)(iii) or (Z) on the date of termination of this
Agreement by the Company pursuant to Section 9.01(d)(i), a fee of two hundred fifty million dollars
($250,000,000) (the “Fee”), which amount shall be payable in immediately available funds to
the account or accounts designated by Parent or Purchaser.

          (b) Except as set forth in this Section 9.03, and subject to Section 10.11, all costs and
expenses incurred in connection with this Agreement and the Merger shall be paid by the party
incurring such expenses, whether or not the Merger is consummated.

          (c) The parties hereto expressly acknowledge and agree that, with respect to any termination
of this Agreement in circumstances where the Fee is payable, except for cases of bad faith, the
payment of the Fee shall, in light of the difficulty of accurately determining actual damages,
constitute liquidated damages with respect to any claim for damages or any other claim which Parent
and Purchaser would otherwise be entitled to assert against the Company or any of its assets, or
against any of its directors, officers, employees and stockholders with respect to this Agreement
and the transactions contemplated hereby and except for cases of bad faith, shall constitute the
sole and exclusive remedy available to Parent and Purchaser. Except for nonpayment of the Fee and
in the event of bad faith, the parties hereby agree that, upon termination of this Agreement in
circumstances where the Fee is payable, in no event shall Parent or Purchaser (i) seek to obtain
any recovery or judgment against the Company or any of its assets, or against any of its directors,
officers, employees or stockholders or (ii) be entitled to seek or obtain any other damages of any
kind, including, consequential, indirect or punitive damages.

          SECTION 9.04 Amendment. This Agreement may be amended by the parties hereto by
action taken by or on behalf of their respective Boards of Directors at any time prior to the
Effective Time; provided, however, that, after the approval and adoption of this
Agreement and the Merger by the stockholders of the Company, no amendment may be made that would
reduce the amount or change the type of consideration into which each Share shall be converted upon
consummation of the Merger or which by law requires further approval of the stockholders of the
Company. This Agreement may not be amended except by an instrument in writing signed by each of
the parties hereto.

          SECTION 9.05 Waiver. At any time prior to the Effective Time, any party hereto may
(a) extend the time for the performance of any obligation or other act of any other party hereto,
(b) waive any inaccuracy in the representations and warranties of any other party contained herein
or in any document delivered pursuant hereto and (c) waive compliance with any agreement of any
other party or any condition to its own obligations contained herein. Any such extension or waiver
shall be valid if set forth in an instrument in writing signed by the party or parties to be bound
thereby. Any delay by a party in exercising any right under this Agreement shall not constitute a
waiver of such right.

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ARTICLE X

GENERAL PROVISIONS

          SECTION 10.01 Notices. Any notice or communication required or permitted hereunder
shall be in writing and either delivered personally, by facsimile or sent by overnight mail via a
reputable overnight courier, and shall be deemed to be given and received (a) when so delivered
personally, (b) upon receipt of an appropriate electronic answerback or confirmation when so
delivered by facsimile (to such number specified below or another number or numbers as such person
may subsequently designate by notice given hereunder), or (c) the next Business Day after the date
of sending by overnight mail to the address set forth below or to such other address or addresses
as such person may hereafter designate by notice given hereunder:

if to Nokia, Parent or Purchaser:

Nokia Inc.

6000 Connection Drive

Irving, Texas 75039

Attention: Chief Legal Officer

Facsimile: (972) 894-5397

with a copy to:

Nokia Corporation

Keilalahdentie 2-4

02150 Espoo, Finland

Attention: Chief Legal Officer

Facsimile: +358 718 038 842

and

Shearman & Sterling LLP

599 Lexington Avenue

New York, New York 10022

Attention: George A. Casey

Facsimile: (212) 848-7179

if to the Company:

NAVTEQ Corporation

425 W. Randolph

Chicago, IL 60606

Attention: General Counsel

Facsimile: (312) 894-7212

with a copy to:

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Holland & Knight LLP

2099 Pennsylvania Avenue, N.W.

Suite 100

Washington, D.C. 20006

Attention: Thomas L. Hanley

Facsimile: (202) 955-5564

and

Winston & Strawn LLP

35 West Wacker Drive

Chicago, IL 60601

Attention: Robert F. Wall

Terrence R. Brady

Facsimile: (312) 558-5700

          SECTION 10.02 Severability. If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by virtue of any Law, or due to any public policy,
all other conditions and provisions of this Agreement shall nevertheless remain in full force and
effect and the application of such void or unenforceable term or provision to other terms,
conditions or provisions in this Agreement or to other persons or circumstances will be interpreted
so as to effect the intent of the parties hereto as closely as possible so that the Merger be
consummated as originally contemplated to the fullest extent possible. 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 so that the Merger is consummated as originally contemplated
to the fullest extent possible.

          SECTION 10.03 No Third Party Beneficiaries. This Agreement shall not confer any
rights or remedies upon any person other than the Company, Purchaser, Parent and their respective
successors and permitted assigns; provided, however, that the Indemnified Parties
are intended to be third-party beneficiaries of this Agreement.

          SECTION 10.04 Entire Agreement. This Agreement (including the Disclosure Schedules)
and the Confidentiality Agreement constitute the entire agreement among the parties with respect to
the subject matter hereof and supersedes all prior agreements, arrangements, understandings,
undertakings, representations and warranties, both written and oral, among the parties, or any of
them, with respect to the subject matter hereof.

          SECTION 10.05 Successors and Assigns. The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns, provided that no party may assign, delegate or otherwise transfer any of its rights or
obligations under this Agreement without the consent of the other parties hereto (and any purported
assignment without such consent shall be void and without effect), except that Purchaser may assign
all or any of its rights and obligations hereunder to Parent; provided, however,
that no such assignment shall relieve the assigning party of its obligations hereunder.

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          SECTION 10.06 Specific Performance. The parties hereto agree that irreparable
damage would occur in the event any provision of this Agreement were not performed in accordance
with the terms hereof and, therefore, it is accordingly agreed that the parties shall be entitled
to seek an injunction or injunctions to prevent breaches of this Agreement and to specifically
enforce performance of the terms hereof, in addition to any other remedy to which they are entitled
at Law or equity.

          SECTION 10.07 Governing Law. (a) This Agreement shall be governed by, and
construed in accordance with, the laws of the State of Delaware without regard to the principles
governing conflicts of Law. The parties agree that any Action seeking to enforce any provision of,
or based on any matter arising out of or in connection with this Agreement, including the Merger
contemplated by this Agreement shall be brought and determined exclusively in the Court of Chancery
of the State of Delaware. The parties hereto hereby (i) irrevocably submit to the exclusive
personal jurisdiction of such court for the purpose of any Action arising out of or relating to
this Agreement, including the Merger contemplated by this Agreement, brought by any party hereto,
(ii) agree that all claims in respect of such Action or proceeding shall be heard and determined
exclusively in such court; and (iii) irrevocably waive, and agree not to assert by way of motion,
defense, or otherwise, in any such Action, any claim that it is not subject to the personal
jurisdiction of the above-named court, that its property is exempt or immune from attachment or
execution, that the Action is brought in an inconvenient forum, that the venue of the Action is
improper, or that this Agreement or the Merger may not be enforced in or by any of the above-named
courts.

          (b) Each of the parties hereto agrees to waive any bond, surety or other security that might
be required of any other party with respect to any action or proceeding, including an appeal
thereof.

          (c) Each of the parties hereto irrevocably consents to the service of any summons and
complaint and any other process in any other Action relating to this Agreement, on behalf of itself
or its property, by the personal delivery of copies of such process to such party or by sending or
delivering a copy of the process to the party to be served at the address and in the manner
provided for the giving of notices in Section 10.01. Nothing in this Section 10.07(c) shall affect
the right of any party hereto to serve legal process in any other manner permitted by Law.

          SECTION 10.08 Waiver of Trial by Jury. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT
IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT
OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE MERGER. EACH OF THE PARTIES HERETO (A)
CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THAT
FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTY HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS AGREEMENT AND THE MERGER, AS APPLICABLE, BY,

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AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

          SECTION 10.09 Disclosure Schedule. When a reference is made in the Disclosure
Schedule to Articles, Sections or sub-Sections, such reference shall be to the corresponding
Article, Section or sub-Section of this Agreement, unless otherwise indicated; provided,
however, that any information set forth in one section of the Disclosure Schedule will be
deemed to apply as a disclosure under each other section or subsection of this Agreement, so long
as its relevance is reasonably apparent or the Company has cross-referenced the information.

          SECTION 10.10 No Survival of Representations and Warranties. None of the
representations and warranties contained in this Agreement or in any instrument delivered pursuant
to this Agreement shall survive the Effective Time. This Section 10.10 shall not limit any
covenant or agreement of the parties which by its terms contemplates performance after the
Effective Time.

          SECTION 10.11 Attorneys’ Fees. If any action at Law or equity, including an action
for declaratory relief, is brought to enforce or interpret any provision of this Agreement, the
prevailing party shall be entitled to recover reasonable attorneys’ fees and expenses from the
other party, which fees and expenses shall be in addition to any other relief which may be awarded.

          SECTION 10.12 Counterparts. This Agreement may be executed and delivered (including
by facsimile transmission) in one or more counterparts, and by the different parties hereto in
separate 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.

          SECTION 10.13 Nokia Guaranty. Nokia, as the ultimate parent of Parent and
Purchaser, unconditionally guarantees to the Company and the Indemnified Parties the full and
complete performance by each of Parent, Purchaser, the Surviving Corporation or any permitted
assignee or successor of Parent, Purchaser or the Surviving Corporation, as applicable, of its
respective obligations under this Agreement and shall be liable for any breach of any
representation, warranty, covenant or obligation of each of Parent, Purchaser, the Surviving
Corporation, or any permitted assignee or successor of Parent, Purchaser or the Surviving
Corporation, as applicable, under this Agreement. The undersigned hereby waives diligence,
presentment, demand of performance, filing of any claim, any right to require any proceeding first
against each of Parent, Purchaser, the Surviving Corporation, or any permitted assignee or
successor of Parent, Purchaser or the Surviving Corporation, as applicable, protest, notice and all
demands whatsoever in connection with the performance of its obligations set forth in this
paragraph.

[Remainder of Page Intentionally Left Blank]

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          IN WITNESS WHEREOF, Nokia, Parent, Purchaser and the Company have caused this Agreement to be
executed as of the date first written above by their respective officers thereunto duly authorized.

	 	 	 	 	 
	 	NOKIA INC.

 	 
	 	By:  	/s/ Richard A. Simonson
 	 
	 	 	Name:  	Richard A. Simonson 	 
	 	 	Title:  	Authorized Representative 	 
	 

	 	 	 	 	 
	 	NORTH ACQUISITION CORP.

 	 
	 	By:  	/s/ Richard A. Simonson
 	 
	 	 	Name:  	Richard A. Simonson 	 
	 	 	Title:  	Authorized Representative 	 
	 

	 	 	 	 	 
	 	NAVTEQ CORPORATION

 	 
	 	By:  	/s/ Judson C. Green
 	 
	 	 	Name:  	Judson C. Green 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

	 	 	 	 	 
	 	NOKIA CORPORATION

solely for purposes of Section 7.08 and Article X

 	 
	 	By:  	/s/ Richard A. Simonson
 	 
	 	 	Name:  	Richard A. Simonson 	 
	 	 	Title:  	Executive Vice President, Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	            /s/ Bruce Bowden
 	 
	 	 	Name:  	Bruce Bowden 	 
	 	 	Title:  	Vice President, Mergers & Acquisitions 	 
	 

Signature Page to Agreement and Plan of Merger

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]