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Exhibit 4.1  

TENDER AND STOCKHOLDER SUPPORT AGREEMENT  

        This TENDER AND STOCKHOLDER SUPPORT AGREEMENT (this "Agreement"), dated July 20, 2007, is by and among
Hewlett-Packard Company, a Delaware corporation ("Parent"), Orca Acquisition Corporation, a Delaware corporation
("Purchaser"), and certain stockholders of Opsware Inc., a Delaware corporation (the "Company"),
set forth on Schedule I hereto (each a "Stockholder" and, collectively the "Stockholders"). 

        WHEREAS,
Parent, Purchaser and the Company propose to enter into an Agreement and Plan of Merger, dated as of the date hereof (the "Merger
Agreement"), which provides, among other things, for Purchaser to commence a tender offer for all of the issued and outstanding Common Stock (as defined below) of the Company
(the "Offer") and the merger of Purchaser with and into the Company, with the Company continuing as the surviving corporation (the
"Merger"), upon the terms and subject to the conditions set forth in the Merger Agreement (capitalized terms used herein without definition shall have
the respective meanings specified in the Merger Agreement); 

        WHEREAS,
each Stockholder beneficially owns the number of shares of common stock, par value $0.001 per share, of the Company (the "Common
Stock") set forth opposite the name of such Stockholder on Schedule I hereto (such shares of Common Stock, together with any other shares of capital stock of the Company
acquired (whether held beneficially or of record) by such Stockholder after the date hereof and prior to the earlier of the Effective Time and the termination of all of the Stockholder's obligations
under this Agreement, including any shares of Common Stock acquired by means of purchase, dividend or distribution, or issued upon the exercise of any warrants or options, or the conversion of any
convertible securities or otherwise, being collectively referred to herein as the "Shares"); and 

        WHEREAS,
as a condition to the willingness of Parent and Purchaser to enter into the Merger Agreement and as an inducement and in consideration therefor, the Stockholders have agreed to
enter into this Agreement. 

        NOW,
THEREFORE, in consideration of the foregoing and the mutual covenants and agreements set forth herein and in the Merger Agreement, and intending to be legally bound hereby, the
parties hereto agree as follows: 

        SECTION
1.    Representations and Warranties of the Stockholders.    Each Stockholder hereby represents and warrants
to Parent and Purchaser, severally and not jointly, and solely as to itself and its Shares, as follows: 

        (a)   The
Stockholder (i) is the beneficial owner, and has good and marketable title to, the Shares set forth opposite such Stockholder's name on Schedule I
hereto, free and clear of any and all liens, claims, security interests, proxies, voting trusts or agreements, options, rights, understandings or arrangements or any other encumbrances whatsoever on
title, transfer, or exercise of any rights of a stockholder in respect of such Shares (collectively, "Encumbrances") except any Encumbrances arising
under securities laws or arising hereunder; (ii) does not own, of record or beneficially, any shares of capital stock of the Company (or rights to acquire any such shares) other than the Shares
set forth on Schedule I hereto); and (iii) has the right to vote and dispose of and holds power to issue instructions with respect to the matters set forth in Sections 3, 4 and 5 hereof,
power of conversion, power to demand appraisal rights and power to agree to all of the matters set forth in this Agreement, in each case with respect to all of such Stockholder's Shares, with no
material limitations, qualifications or restrictions on such rights, subject to applicable federal securities law and the terms of this Agreement. 

        (b)   In
the case of any Stockholder that is a corporation, limited partnership or limited liability company, such Stockholder is an entity duly organized, validly existing
and in good standing under the laws of the jurisdiction in which it is incorporated or constituted. 

 

        (c)   The
Stockholder has the legal capacity and all requisite power and authority to execute and deliver this Agreement and to perform the Stockholder's obligations hereunder
and consummate the transactions contemplated hereby. To the extent applicable, the execution, delivery and performance by the Stockholder of this Agreement and the consummation by the Stockholder of
the transactions contemplated hereby have been duly and validly authorized by the Stockholder (or its board of directors or similar governing body, as applicable), and no other actions or proceedings
on the part of the Stockholder are necessary to authorize the execution and delivery by the Stockholder of this Agreement and the consummation by the Stockholder of the transactions contemplated
hereby. This Agreement has been duly and validly executed and delivered by the Stockholder and constitutes a valid and binding obligation of the Stockholder enforceable in accordance with its terms,
subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar
laws relating to or affecting creditors' rights generally and general equitable principles (whether considered in a proceeding in equity or at law). 

        (d)   Neither
the execution and delivery of this Agreement by the Stockholder, the performance by the Stockholder of such Stockholder's obligations hereunder nor the
consummation by the Stockholder of the transactions contemplated hereby will (i) result in a violation or breach of, or constitute (with or without notice or lapse of time or both) a default
under, or conflict with (A) to the extent applicable, any provisions of the organizational documents of the Stockholder or (B) any contract, trust, commitment, agreement, understanding,
arrangement or restriction of any kind to which such Stockholder is a party or by which such Stockholder's Shares are bound, or (ii) violate, or require any consent, approval, or notice under,
any provision of any judgment, order, decree, statute, law, rule or regulation applicable to such Stockholder or any of such Stockholder's Shares. 

        SECTION
2.    Representations and Warranties of Parent and Purchaser.    Each of Parent and Purchaser hereby, jointly
and severally, represents and warrants to the Stockholders as follows: 

        (a)   Each
of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, and
each of Parent and Purchaser has all requisite corporate power and corporate authority to execute and deliver this Agreement and to perform its obligations hereunder and consummate the transactions
contemplated hereby, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement. 

        (b)   This
Agreement has been duly authorized, executed and delivered by each of Parent and Purchaser and constitutes a valid and binding obligation of Parent and Purchaser
enforceable in accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors'
rights generally and general equitable principles (whether considered in a proceeding in equity or at law). 

        (c)   Neither
the execution and delivery of this Agreement by Parent and Purchaser, the performance by Parent and Purchaser of their obligations hereunder nor the consummation
by Parent and Purchaser of the transactions contemplated hereby will (i) result in a violation or breach of, or constitute (with or without notice or lapse of time or both) a default under, or
conflict with (A) any provisions of the organizational documents of Parent or Purchaser or (B) any contract, trust, commitment, agreement, understanding, arrangement or restriction of
any kind to which such Parent or Purchaser is a party or by which Parent or Purchaser or their assets are bound, or (ii) violate, or require any consent, approval, or notice under, any
provision of any judgment, order, decree, statute, law, rule or regulation applicable to Parent or Purchaser or their assets. 

2

 

        SECTION
3.    Tender of the Shares.    

        (a)   Unless
this Agreement shall have been terminated in accordance with its terms, and subject to Section 4, each Stockholder hereby agrees that it shall
(i) tender its Shares (and deliver any certificates evidencing such Shares or an appropriate affidavit of lost certificate with respect thereto to the extent any of such certificates have been
lost, misplaced or destroyed), or cause its Shares to be tendered, into the Offer promptly following the date hereof, and in any event no later than five business days prior to the Initial Expiration
Date of the Offer, free and clear of all Encumbrances and (ii) not withdraw its Shares, or cause its Shares to be withdrawn, from the Offer at any time. If a Stockholder acquires Shares after
the date hereof, such Stockholder shall (A) tender or cause to be tendered such Shares on or before the fifth business day prior to the Initial Expiration Date or, if later, on or before the
second business day after such acquisition but in any event prior to the Expiration Date, and (B) not withdraw such Shares, or cause such Shares to be withdrawn, from the Offer at any time. 

        SECTION
4.    Transfer of the Shares; Other Actions.    

        (a)   Prior
to the termination of this Agreement, except as otherwise provided herein (including pursuant to Section 3 hereof), each Stockholder shall not:
(i) transfer, assign, sell, gift-over, pledge or otherwise dispose (whether by sale, merger, consolidation, liquidation, dissolution, dividend, distribution or otherwise) of, or
consent to any of the foregoing ("Transfer"), any Shares or any right or interest therein; (ii) enter into any contract, option or other
agreement, arrangement or understanding with respect to any Transfer of Shares; (iii) grant any proxy or power-of-attorney with respect to any of the Shares;
(iv) deposit any of the Shares into a voting trust, or enter into a voting agreement or arrangement with respect to any of the Shares; or (v) take any other action that would restrict,
limit or interfere in any material respect with the performance of such Stockholder's obligations hereunder or the transactions contemplated hereby. Notwithstanding the foregoing, the preceding
sentence shall not prohibit a Transfer of Shares by Stockholder: (A) if Stockholder is an individual, to any member of Stockholder's immediate family, or to a trust established for the benefit
of Stockholder and/or for the benefit of one or more members of Stockholder's immediate family or established for charitable purposes, or upon the death of Stockholder, or (B) if Stockholder is
a partnership, limited liability company or trust, to one or more partners or members of Stockholder or to an affiliated corporation under common control with Stockholder or to any trustee or
beneficiary of the trust, provided that any Transfer permitted pursuant to (A) or (B) above shall be permitted only if, as a precondition
to such transfer, the transferee of such Shares agrees in writing with Parent to be bound by the terms and conditions of this Agreement. 

        SECTION
5.    Covenant to Vote.    Prior to termination of this Agreement in accordance with its terms, each
Stockholder hereby agrees to vote all Shares beneficially owned by such Stockholder (the "Vote Shares"), or to provide a written consent in respect of
the Vote Shares, in connection with any meeting of the stockholders of the Company or any action by written consent in lieu of a meeting of stockholders of the Company (i) in favor of the
Merger (including adoption of the Merger Agreement) and/or (ii) against any action or agreement which would materially impede or interfere with, or prevent, the Merger, including, but not
limited to, any other extraordinary corporate transaction, including, a merger, acquisition, sale, consolidation, reorganization or liquidation involving the Company and a third party, or any other
Acquisition Transaction proposed by a third party. 

        SECTION
6.    Non-Solicitation.    

        (a)   Each
Stockholder shall not and shall not authorize or permit its representatives to directly or indirectly (i) solicit, initiate, knowingly encourage, or
knowingly facilitate (including by way of furnishing non-public information) any inquiries or the making or submission of, any offer, proposal or indication of interest that constitutes or
would reasonably be expected to lead to an Acquisition Proposal, (ii) participate or engage in any discussions or negotiations with, or disclose or provide any non-public
information or data relating to the Company or any Company Subsidiary or afford access to 

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the
properties, assets, books or records or employees of the Company or any Company Subsidiary to any Third Party relating to, or that would reasonably be expected to lead to, an Acquisition Proposal,
(iii) accept, approve, endorse or recommend an Acquisition Proposal or (iv) enter into any agreement, arrangement, undertaking, contract, commitment or understanding (including any
agreement in principle or letter of intent or understanding) with respect to or contemplating an Acquisition Proposal; provided however that, with
respect to an Acquisition Proposal that the Company Board of Directors has determined to constitute, or be likely to lead to, a Superior Proposal in accordance with Section 5.2(b) of the Merger
Agreement, the Stockholder may (A) furnish information with respect to the Company and Company Subsidiaries to a Third Party in connection with such Acquisition Proposal;  provided, that a copy of
all such information is delivered simultaneously to Parent to the extent it has not previously been so furnished to Parent and
(B) participate in discussions or negotiations with such Third Party regarding such Acquisition Proposal, in each case if and only to the extent the Company is engaged in such activities with
such Third Party in compliance with the terms of the Merger Agreement. 

        (b)   It
is understood that this Section 6 limits the rights of each Stockholder only to the extent that such Stockholder is acting in such Stockholder's capacity as a
Stockholder. Nothing herein shall be construed as preventing a Stockholder, or a director, officer or employee of a Stockholder or Affiliate of a Stockholder, who is an officer or director of the
Company from fulfilling the obligations of such office (including the performance of obligations required by the fiduciary obligations of such Stockholder, or director, officer or employee of a
Stockholder or Affiliate of a Stockholder, acting solely in his or her capacity as an officer or director of the Company). 

        SECTION
7.    Further Assurances.    Each Stockholder shall, upon request of Parent or Purchaser, execute and deliver
any additional documents and take such further actions as may reasonably be deemed by Parent or Purchaser to be necessary or desirable to carry out the provisions of this Agreement. 

        SECTION
8.    Termination.    This Agreement, and all rights and obligations of the parties hereunder shall terminate
on the earlier of: (a) the date the Merger Agreement is validly terminated in accordance with its terms, (b) the Effective Time and (c) with respect to any Stockholder, such date
and time as any
amendment or change to the Merger Agreement or the Offer that decreases the Offer Price is effected without the consent of such Stockholder. Termination of this Agreement shall not relieve any party
from liability for any breach hereof prior to such termination. Section 10 and Section 12 shall survive any termination of this Agreement. 

        SECTION
9.    Waiver of Appraisal and Dissenter's Rights.    Each Stockholder waives and agrees not to exercise any
rights of appraisal, rights to dissent or similar rights with respect to the Merger or other transactions contemplated by the Merger Agreement that the Stockholder may have with respect to the
Stockholder's Shares pursuant to applicable law. 

        SECTION
10.    Expenses.    All fees, costs and expenses incurred in connection with this Agreement and the
transactions contemplated hereby shall be paid by the party incurring such fees, costs and expenses. 

        SECTION
11.    Stop Transfer Order; Legend.    In furtherance of this Agreement, concurrently herewith, each
Stockholder shall, and hereby does authorize the Company or its counsel to, notify the Company's transfer agent that there is a stop transfer order with respect to all of the Shares of such
Stockholder (and that this Agreement places limits on the voting and transfer of such Shares). 

        SECTION
12.    Miscellaneous.    

        (a)    Notices.    All notices and other communications hereunder shall be in writing and shall be deemed given if
delivered personally, telecopied (which is confirmed) or sent by a nationally recognized 

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overnight
courier service, such as Fedex (providing proof of delivery), to the parties at the following addresses (or at such other address for a party as shall be specified by like notice): 

If
to any of the Stockholders, at the address set forth opposite the name of such Stockholder on the signature page hereto: 

with
a copy to: 

Opsware Inc.

599 N. Mathilda Avenue

Sunnyvale, CA 94085

Attention: General Counsel

Facsimile: (800) 883-9410 

and
a copy to: 

Fenwick &
West LLP

801 California Street

Mountain View, CA 94041

Attention: David Healy

                Lynda Twomey

Facsimile: (650) 938-5200 

and 

If
to Parent or Purchaser, to: 

Hewlett-Packard
Company

3000 Hanover Street

Palo Alto, CA 94304

Attention: General Counsel

Facsimile: 650-857-2012 

with
a copy to: 

Cleary
Gottlieb Steen & Hamilton LLP

One Liberty Plaza

New York, NY 10006

Attention: Christopher E. Austin, Esq.

General Fax: 212-225-3999 

        (b)    Headings.    The headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. 

        (c)    Counterparts.    This Agreement may be executed manually or by facsimile by the parties hereto in any number of
counterparts, each of which shall be considered one and the same agreement. This Agreement shall become effective with respect to a Stockholder when a counterpart hereof shall have been signed by each
of Parent, Purchaser and such Stockholder and delivered to the other such parties. 

        (d)    Entire Agreement.    This Agreement (together with the Merger Agreement and any other documents and instruments
referred to herein and therein) constitutes the entire agreement among the parties with respect to the subject matter hereof and thereof and supersedes all other prior agreements and understandings,
both written and oral, among the parties or any of them with respect to the subject matter hereof and thereof. This Agreement is not intended and does not confer upon any Person other than the parties
hereto any rights hereunder. 

5

 

        (e)    Governing Law.    

          (i)  This
Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the principles of conflicts of law
thereof that would result in the application of law of any other state. 

         (ii)  Each
of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the Delaware Court of Chancery,
or, if no such state court has proper jurisdiction, the Federal court of the United States of America, sitting in Delaware, and any appellate court from any thereof, in any action or proceeding
arising out of or relating to this Agreement or the agreements delivered in connection herewith or the transactions contemplated hereby or thereby or for recognition or enforcement of any judgment
relating thereto, and each of the parties hereby irrevocably and unconditionally (A) agrees not to commence any such action or proceeding except in such courts, (B) agrees that any claim
in respect of any such action or proceeding may be heard and determined in such Delaware Court of Chancery or, if no such state court has proper jurisdiction, in such Federal court, (C) waives,
to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any such action or proceeding in any such Delaware Court of
Chancery or Federal court, and (D) waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such Delaware
Court of Chancery or Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on
the judgment or in any other manner provided by law. Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 12(a). Nothing in this
Agreement
will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 

        (iii)  EACH
PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR
RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS, INCLUDING THE OFFER AND MERGER, CONTEMPLATED HEREBY OR THEREBY. EACH PARTY CERTIFIES AND
ACKNOWLEDGES THAT (A) 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 EITHER OF SUCH WAIVERS, (B) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (C) IT MAKES SUCH WAIVERS VOLUNTARILY, AND (D) IT HAS BEEN INDUCED TO ENTER
INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 12(e)(iii). 

        (f)    Assignment.    Neither this Agreement nor any of the rights, interests or obligations hereunder shall be
assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other parties except that Parent and Purchaser may assign, in their sole
discretion and without the consent of any other party, any or all of their rights, interests and obligations hereunder to each other or to one or more direct or indirect wholly-owned subsidiaries of
Parent (each, an "Assignee"). Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable by, the
parties and their respective successors and assigns, and the provisions of this Agreement are not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. 

        (g)    Severability of Provisions.    If any term or provision of this Agreement is invalid, illegal or incapable of
being enforced by rule of law or public policy, all other conditions and provisions of this 

6

 

Agreement
shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated by this Agreement is not affected in any manner adverse to any
party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an acceptable manner to the end that the transactions are fulfilled to the extent possible. 

        (h)    Specific Performance.    The parties hereto acknowledge that money damages would be an inadequate remedy for
any breach of this Agreement by any party hereto, and that the obligations of the parties hereto shall be enforceable by any party hereto through injunctive or other equitable relief without any
requirement to post a bond. 

        (i)    Amendment.    No amendment, modification or waiver in respect of this Agreement shall be effective against any
party unless it shall be in writing and signed by such party. 

        (j)    Binding Nature.    This Agreement is binding upon and is solely for the benefit of the parties hereto and their
respective successors, legal representatives and assigns. 

        (k)    Option Exercises.    Nothing in this Agreement shall require a Stockholder to exercise any option or warrant to
purchase shares of Common Stock of the Company. 

[signature page follows] 

7

 

        IN
WITNESS WHEREOF, Parent, Purchaser and the Stockholders have caused this Agreement to be duly executed and delivered as of the date first written above. 

	 	 	HEWLETT-PACKARD COMPANY
	
 	
 	

By	

 Name:

Title:
	

 	
 	
ORCA ACQUISITION CORPORATION
	
 	
 	

By	

 Name:

Title:

SIGNATURE PAGE TO TENDER AND STOCKHOLDER SUPPORT AGREEMENT  

8

 

	 	 	[STOCKHOLDER]
	
 	
 	

By	

 Name:

Title:
	

 	
 	
[STOCKHOLDER]
	
 	
 	

By	

 Name:

Title:

SIGNATURE PAGE TO TENDER AND STOCKHOLDER SUPPORT AGREEMENT  

9

  

 
 

SCHEDULE I    
    

	Name and Address
 
	 	Shares

	 	
 TOTAL	
 	

 

I-1

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EXHIBIT 10.26    
    

AGREEMENT AND PLAN OF MERGER  

        THIS AGREEMENT AND PLAN OF MERGER (the "Agreement"), dated as of this    day of July, 2007 (the
"Effective Date"), is entered into between uWink, Inc., a Utah corporation (the "Company"), and uWink, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company ("New
uWink"). 

        WHEREAS, the board of directors of each of the Company and New uWink deems it advisable, upon the terms and subject to the conditions
herein stated, that the Company be merged with and into New uWink, and that New uWink be the surviving corporation (the "Reincorporation Merger"); and 

        WHEREAS, the board of directors of the Company have recommended approval of the Reincorporation Merger and approval and adoption of this
Agreement by the stockholders of the Company, upon the terms and subject to the conditions set forth herein. 

        NOW, THEREFORE, in consideration of the premises and of the agreements of the parties hereto contained herein, the parties hereto agree as
follows: 

ARTICLE I

THE REINCORPORATION MERGER; EFFECTIVE TIME  

        1.1    The Reincorporation Merger.    Upon the terms and subject to the conditions set forth in this Agreement, at the
Effective Time (as defined in Section 1.2), the Company shall be merged with and into New uWink whereupon the separate existence of the Company shall cease. New uWink shall be the surviving
corporation (sometimes hereinafter referred to as the "Surviving Corporation") in the Reincorporation Merger and shall continue to be governed by the laws of the State of Delaware. The Reincorporation
Merger shall have the effects specified in the Delaware General Corporation Law, as amended (the "DGCL"), and in the Utah Business Corporation Act, as amended (the "UCBA"), and
the Surviving Corporation shall succeed, without other transfer, to all of the assets and property (whether real, personal or mixed), rights, privileges, franchises, immunities and powers of the
Company, and shall assume and be subject to all of the duties, liabilities, obligations and restrictions of every kind and description of the Company. 

        1.2    Effective Time.    Provided that the conditions set forth in Section 5.1 have been fulfilled or waived
in accordance with this Agreement and that this Agreement has not been terminated or abandoned pursuant to Section 6.1, on the date of the closing of the Reincorporation Merger, the Company and
New uWink shall cause a Statement of Merger to be executed and filed with the Secretary of State of Utah (the "Utah Statement of Merger") and a Certificate of Merger to be executed and filed with the
Secretary of State of Delaware (the "Delaware Certificate of Merger"). The Reincorporation Merger shall become effective upon the date and time specified in the Utah Statement of Merger and the
Delaware Certificate of Merger (the "Effective Time"). 

ARTICLE II

CHARTER AND BYLAWS OF THE SURVIVING CORPORATION  

        2.1    The Certificate of Incorporation.    The certificate of incorporation of New uWink in effect at the Effective
Time shall be the certificate of incorporation of the Surviving Corporation, until amended in accordance with the provisions provided therein or applicable law. 

        2.2    The Bylaws.    The bylaws of New uWink in effect at the Effective Time shall be the bylaws of the Surviving
Corporation, until amended in accordance with the provisions provided therein or applicable law. 

 

ARTICLE III

OFFICERS AND DIRECTORS OF THE SURVIVING CORPORATION  

        3.1    Officers.    The officers of the Company at the Effective Time shall, from and after the Effective Time, be the
officers of the Surviving Corporation, until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal. 

        3.2    Directors.    The directors of the Company at the Effective Time shall, from and after the Effective Time, be
the directors of the Surviving Corporation, to serve until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal. 

ARTICLE IV

EFFECT OF MERGER ON CAPITAL STOCK  

        4.1    Effect of Merger on Capital Stock.    At the Effective Time, as a result of the Reincorporation Merger and
without any action on the part of the Company, New uWink or the shareholders of the Company: 

        (a)   Each
share of the Company's common stock issued and outstanding immediately prior to the Effective Time shall be converted (without the surrender of stock certificates
or any other action) into one fully paid and non-assessable share of common stock, par value $0.001, of New uWink ("New uWink Common Stock") and all shares of the Company's common stock
shall be cancelled and retired and shall cease to exist. 

        (b)   No
shares of the Company's Preferred Stock were issued or outstanding immediately prior to the Effective Time. All shares of the Company's Preferred Stock shall be
cancelled and retired and shall cease to exist. 

        (c)   Each
option, warrant, purchase right or other security of the Company issued and outstanding immediately prior to the Effective Time, if any, shall be converted into and
shall be an identical security of New uWink and may be exercised or converted in accordance with its terms into shares of New uWink Common Stock in accordance with the
one-for-one conversion ratio set forth in subsection (a) above. The same number of shares of New uWink Common Stock shall be reserved for purposes of the exercise of
such options, warrants, purchase rights, units or other securities as is equal to the number of shares of the Company's common stock so reserved as of the Effective Time. 

        (d)   Each
share of New uWink Common Stock owned by the Company shall no longer be outstanding and shall be cancelled and retired and shall cease to exist. 

        4.2    Certificates.    The existing Common Stock certificates and all other certificates and documentation evidencing
ownership of options, warrants, purchase rights and other securities of the Company will be deemed for all purposes to evidence ownership of and to represent the same number and type of security of
New uWink. The registered owner of any such outstanding certificate will have and be entitled to exercise any voting and other rights with respect to, and to receive any dividends and other
distributions upon, the shares of New uWink Common Stock, or options, warrants, purchase rights or other securities of New uWink, if any, as the case may be, evidenced by such outstanding
certificate, as above provided. 

ARTICLE V

CONDITION  

        5.1    Conditions to Each Party's Obligation to Effect the Reincorporation Merger.    

        (a)   The
respective obligation of each party hereto to effect the Reincorporation Merger is subject to receipt prior to the Effective Time of the requisite approval of this
Agreement and the 

2

 

transactions
contemplated hereby by each of the holders of the Company's common stock pursuant to the UCBA and the articles of incorporation of the Company. 

        (b)   None
of the holders of the Company's issued and outstanding Common Stock shall have exercised their rights to dissent to the Reincorporation Merger and demand payment
for the value of their shares. 

ARTICLE VI

TERMINATION  

        6.1    Termination.    This Agreement may be terminated, and the Reincorporation Merger may be abandoned, at any time
prior to the Effective Time, whether before or after approval of this Agreement by the shareholders of the Company, if the board of directors of the Company determines for any reason, in its sole
judgment and discretion, that the consummation of the Reincorporation
Merger would be inadvisable or not in the best interests of the Company and its shareholders. In the event of the termination and abandonment of this Agreement, this Agreement shall become null and
void and have no effect, without any liability on the part of either the Company or New uWink, or any of their respective shareholders, directors or officers. 

ARTICLE VII

MISCELLANEOUS AND GENERAL  

        7.1    Modification or Amendment.    Subject to the provisions of applicable law, at any time prior to the Effective
Time, the parties hereto may modify or amend this Agreement; provided, however, that an amendment made subsequent to the approval of this Agreement by the holders of the Company's common stock shall
not (i) alter or change the amount or kind of shares and/or rights to be received in exchange for or on conversion of all or any of the shares or any class or series thereof of such corporation
or (ii) alter or change any of the terms or conditions of this Agreement if such alteration or change would adversely affect the holders of any class or series of capital stock of any of the
parties hereto. 

        7.2    Counterparts.    This Agreement may be executed in any number of counterparts, each such counterpart being
deemed to be an original instrument, and all such counterparts shall together constitute the same agreement. 

        7.3    GOVERNING LAW.    THIS AGREEMENT SHALL BE DEEMED TO BE MADE IN AND IN ALL RESPECTS SHALL BE INTERPRETED,
CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAW OF THE STATE OF DELAWARE WITHOUT REGARD TO THE CONFLICT OF LAW PRINCIPLES THEREOF. 

        7.4    Entire Agreement.    This Agreement constitutes the entire agreement and supercedes all other prior agreements,
understandings, representations and warranties both written and oral, among the parties, with respect to the subject matter hereof. 

        7.5    No Third Party Beneficiaries.    This Agreement is not intended to confer upon any person other than the
parties hereto any rights or remedies hereunder. 

        7.6    Severability.    The provisions of this Agreement shall be deemed severable and the invalidity or
unenforceability of any provision shall not affect the validity or enforceability of the other provisions hereof. If any provision of this Agreement, or the application thereof to any person or any
circumstance, is determined by any court or other authority of competent jurisdiction to be invalid or unenforceable, (a) a suitable and equitable provision shall be substituted therefor in
order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Agreement and the application of such
provision to other persons or circumstances shall not be affected by such invalidity or unenforceability, nor shall such 

3

 

invalidity
or unenforceability affect the validity or enforceability of such provision, or the application thereof, in any other jurisdiction. 

        7.7    Headings.    The headings therein are for convenience of reference only, do not constitute part of this
Agreement and shall not be deemed to limit or otherwise affect any of the provisions hereof. 

[SIGNATURE
PAGE FOLLOWS] 

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        IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date. 

	 	 	uWink, Inc.:

a Utah corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	 	 	Name:

Title:
	

 	
 	
uWink, Inc.

a Delaware corporation
	

 	
 	

By:	
 	

 
	 	 	 	 	

	 	 	 	 	Name:

Title:

5

QuickLinks

EXHIBIT 10.26

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