Document:

Exhibit 10.1

 

SECOND AMENDMENT TO
 TELETECH HOLDINGS, INC.
 RESTRICTED STOCK UNIT AGREEMENT

 

This second amendment (the “Second Amendment”) to the TeleTech Holdings, Inc. Restricted Stock Unit Agreement (the “Agreement”) by and between TeleTech Holdings, Inc. (the “Company”) and James E. Barlett (the “Grantee”), dated June 22, 2007 and amended effective December 11, 2008 (the “Amendment”), is hereby made by the Company effective as of this 19th day of April, 2011.

 

WHEREAS, the Company desires to amend the Agreement, as amended by the Amendment, to recognize the continued service by Grantee as a member of the Board of Directors of the Company.

 

NOW, THEREFORE, pursuant to the Compensation Committee’s power of amendment contained in Section 18 of the Plan, the Agreement, as amended by the Amendment, is hereby amended as follows:

 

1.             The first sentence of Section 2(a) of the Agreement is amended to insert the clause “or ceases to serve as a member of the board of directors of TeleTech” after the word “the “Subsidiaries”)” and before the word “for”.

 

2.             The first clause of the first sentence of Section 2(c) of the Agreement is amended to insert (a) the number “(i)” after the word “Grantee’s” and before the word “employment”; (b) to insert the clause “or (ii) continuing service as a member of the board of directors of TeleTech” after the word “Subsidiaries” and before the word “is”; and (c) to insert the clause “following the later of the events set forth in clauses (i) or (ii) of this Section 2(c).” after the word “Award” at the end of such sentence.

 

3.             The definition of “Termination Date” in Section 3(c)(ii) is amended by deleting Section 3(c)(ii) in its entirety and inserting the following in its place:  “Termination Date” means the latest day on which Grantee is expected to (A) be available and responsible for the performance of services to or on behalf of TeleTech or any Subsidiary or (b) the date on which Grantee resigns from the board of directors of TeleTech or a successor is appointed to fill his seat on the board of directors whether at a meeting of stockholders in which Grantee is not reelected to the board of directors or at a meeting of the board of directors or unanimous written consent of the board of directors in which a successor is appointed, notwithstanding that Grantee may be entitled to receive payments from TeleTech (e.g., for unused vacation or sick time, severance payments, deferred compensation or otherwise) after such date; and”.

 

The Agreement, as amended by the Amendment, and as further amended by this Second Amendment, shall remain in full force and effect in accordance with the terms and conditions thereof.

 

 

IN WITNESS WHEREOF, the Company has executed this Second Amendment as of the date first written above.

 

	
 
    	
TELETECH   HOLDINGS, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
/s/   Mike Jossi
    
	
 
    	
By: Mike   Jossi
    
	
 
    	
Its:   Executive Vice President, Global Human Capitalraptortechexh10_1.htm

Exhibit 10.1

 

 

Plan of Merger and Reorganization

 

THIS Plan of Merger and Reorganization (the “Agreement”) dated as of January 6, 2011, and amended, restated and replaced in the entirety as of April 21, 2011, is made and entered into by an between Raptor Technology Group, Inc. (“Raptor Tech”), a Nevada Corporation, and Raptor Fabrication & Equipment, Inc. (“Raptor FE”), a Florida Corporation located at 7064 Sampey Road, Groveland FL. 34736, which corporations are sometimes referred to herein as the “Constituent Corporations”.

WITNESSETH:

WHEREAS, Raptor Technology Group, Inc. (“Raptor Tech”) is a corporation organized and existing under the laws of the State of Nevada, with an authorized capital of 100,000,000 Shares of Common Stock ($.0001 par value) with no more than 63,356,538 common shares issued and outstanding at the effective date, and no Shares of Preferred Stock; and

 

WHEREAS, Raptor Fabrication & Equipment, Inc. (“Raptor FE”) is a corporation organized and existing under the laws of the State of Florida, with an authorized capital of 100,000,000 Shares of Common Stock (.0001 par value) with no more than 48,750,000 common shares issued and outstanding at the effective date and no Shares of Preferred Stock, and

 

WHEREAS, the respective Boards of Directors of the Constituent Corporations have determined that it is in the best interests of the Constituent Corporations that Raptor FE  merge with and into Raptor Tech; and

 

WHEREAS, the respective Boards of Directors and shareholders of the Constituent Corporations have ratified and approved this Agreement and Plan of Merger; and

 

WHEREAS, the parties intend by this Agreement to effect a re-organization under Section 368 of the Internal Revenue Code of 1986, as amended.

 

NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that Raptor FE shall be merged into Raptor Tech upon the terms and conditions set forth.

 

 

 

 

  

  

  

 

 

ARTICLE I:  MERGER AND REORGANIZATION

1.1 MERGER and REORGANIZATION. On the effective date of the Merger (“the Effective Date”), Raptor FE shall be merged into Raptor Tech, the separate existence of Raptor FE shall cease, and Raptor Tech (hereinafter sometimes referred to as the “Surviving Corporation”) shall continue to exist by virtue of, and shall be governed by, the laws of the State of Nevada.

	
1.2

	
EFFECTIVE DATE. The effective date shall occur upon:

	
  

	
(a)

	
Each Company receiving any required shareholder or other approvals required;

	
  

	
(b)

	
Raptor Fabrication and Equipment, Inc. delivering the required financial statements and other information of sufficient detail for Raptor Technology Group, Inc. to comply with the disclosure requirements of the applicable securities regulations; and

	
  

	
(c)

	
Performance of all material terms of this agreement and any additional closing conditions mutually agreed between the Constituent Corporations or required by applicable state or federal regulations.

 

ARTICLE II:   DIRECTORS AND OFFICERS

2.1 ARTICLES OF INCORPORATION.  The Articles of Incorporation of the Surviving Corporation as in effect on the effective date of the Merger shall be the Articles of Incorporation of Raptor Tech without change.

2.2 BY-LAWS.  The By-Laws of the Surviving Corporation as in effect on the on the effective date of the Merger shall be the By-Laws of Raptor FE (the “By-Laws”) without change unless and until amended in accordance with applicable law.

2.3 OFFICERS AND DIRECTORS.  Upon the Effective Date, the Officers of Raptor FE shall be the Officers of the Surviving Corporation, and the Members of the Board of Directors of Raptor FE shall be the members of the Board of Directors of the Surviving Corporation.  Such persons shall hold office in accordance with the By-Laws until their respective successors shall have been appointed or elected.

If upon the Effective Date a vacancy shall exist in the Board of Directors of the Surviving Corporation, such vacancy shall be filled in the manner provided in the By-Laws.

 

  

2

  

 

 

ARTICLE III:  EFFECT OF MERGER ON STOCK OF CONSTITUENT CORPORATIONS

3.1 CONVERSION OF SHARES.  On the effective date, by virtue of the Merger and without further action on the part of the holder of any shares of Common Stock of the Constituent Corporations:

	
  

	
(a)

	
42,000,000 shares of Common Stock of Raptor Technology Group, Inc. held by Zoltan Nagy outstanding immediately prior to the Effective Date shall be cancelled, and no payment shall be made with respect thereto; and

	
  

	
(b)

	
Each share of Common Stock of Raptor FE, Inc. outstanding immediately prior to the Effective Date shall be converted into and shall become one (1) share of fully-paid and non-assessable Common Stock of the Surviving Corporation.

 

ARTICLE IV:  GENERAL PROVISIONS

4.1 FURTHER ASSURANCES.  Each of the Constituent Corporations agrees that it will execute and deliver, or cause to be executed and delivered, all such deeds and other instruments and will take or cause to be taken such other and further action as the Surviving Corporation may deem necessary in order to vest in and confirm to the Surviving Corporation title to and possession of all the property, rights, privileges, immunities, powers, purposes and franchises, and all and every other interest of the Constituent Corporations and otherwise to carry out the intent and purposes of this Agreement.

4.2 AMENDMENT.  The Boards of Directors of the Constituent Corporations may amend this Agreement at any time prior to the Effective Date, provided further that any change to the principal terms of the Merger shall require shareholder approval.

4.3 RESTRUCTURE.  It is hereby agreed that Raptor Technology Group, Inc. shall not reverse split its Common Shares for a period of three (3) years from the date of this Agreement.

4.5 TERMINATION.  This Agreement may be terminated and the Merger abandoned at any time prior to the Effective Date, either before or after shareholder approval of this Agreement, by appropriate action of the Boards of Directors of the Constituent Corporations.  In the event this Agreement is terminated, it shall become wholly void and of no further effect, and no liability on the part of either Constituent Corporation, their Boards of Directors or shareholders shall arise by virtue of such termination.

4.6 GOVERNING LAW.  This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, without giving effect to the principles of conflict of laws.

4.7 FEES AND EXPENSES.  All costs and expenses incurred in connection with this Agreement shall be the responsibility of the party incurring such cost or expense.

 

 

  

3

  

 

4.8 COUNTERPARTS.  This Agreement may be executed in any number of counterparts, all of which shall be deemed to be an original and all of which together shall constitute the same instrument.

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective Presidents and Secretaries, all as of the day and year first above written.

 

 

RAPTOR FABRICATION & EQUIPMENT, INC.

By: /s/ Tom Gleason                                                     

       Tom Gleason, President

 

 

RAPTOR TECHNOLOGY GROUP, INC.

  

By: /s/ Zoltan Nagy                                                      

      Zoltan Nagy, President

 

 

ZOLTAN NAGY

  

By: /s/ Zoltan Nagy                                                      

      Zoltan Nagy, as an individual

 

 

 

 

 

 

  

4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00188-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00188-of-00352.parquet"}]]