Document:

Exhibit
4.1

	
  

  	
  NUMBER SHARES
  TALMER BANCORP, INC. Incorporated under the laws of the State of Michigan
  CUSIP 87482X 10 1 This Certifies that is the owner of fully paid and
  non-assessable shares of the Class A Voting Common Stock, $1.00 par value per
  share, of TALMER BANCORP, INC. transferable on the books of the Corporation
  in person or by duly authorized Attorney upon surrender of this certificate
  properly endorsed. IN WITNESS WHEREOF the said Corporation has caused this
  Certificate to be signed by its duly authorized officers and sealed with the
  Seal of the Corporation. Dated: Secretary President COUNTERSIGNED AND
  REGISTERED AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC (New York, N.Y.)
  TRANSFER AGENT AND REGISTRAR BY AUTHORIZED SIGNATURE

  

 

	
  

  	
  FOR VALUE RECEIVED,
  I/we hereby sell, assign and transfer unto shares represented by the within
  Certificate, and do hereby irrevocably constitute and appoint to transfer the
  said Shares on the books of the within named Corporation with full power of
  substitution in the premises. Dated In the presence ofex10x1.htm

Exhibit 10.1

 

 

SECOND AMENDMENT TO

ACQUISITION AGREEMENT

 

This Second Amendment to Acquisition Agreement (this “Amendment”), dated as of January 22, 2014, is entered into by and among Smokin Concepts Development Corporation, a Colorado corporation (“SCDC”), Bourbon Brothers Holding Company, LLC, a Colorado limited liability company (“BBHC”), and JW Roth and Robert Mudd (the “Principals”), in order to amend that certain Acquisition Agreement, dated as of September 30, 2013, as amended November 6, 2013 (the “Acquisition Agreement”).  Capitalized terms used herein but not otherwise defined shall have the meaning set forth in the Acquisition Agreement.

           WHEREAS, the Acquisition Agreement provides that the Company will acquire BBHC and issue shares of the Company’s common stock and Series A Convertible Preferred Stock such that 80% of the Company’s post-transaction shares of common stock and all of the Series A Convertible Preferred Stock will be held by the current owners of BBHC (the “Transaction”);

 

WHEREAS, the shareholders of SCDC have approved the Acquisition Agreement and the Transaction at a special meeting of shareholders;

 

WHEREAS, the Acquisition Agreement provides for the issuance of up to 38,516,880 total shares of the Company to BBHC Class B Non-Voting members and to BBHC Class A Voting members upon the closing of the Transaction;

 

WHEREAS, as of the date of this Amendment there are 11,113,600 Class B Non-Voting Units of BBHC outstanding and 10,000,000 Class A Voting Units of BBHC outstanding;

 

WHEREAS, based on the outstanding Units of BBHC, the exchange ratio is calculated as 1.82426872 such that 20,274,193 shares of Common Stock of the Company will be issued to BBHC Class B Non-Voting members and 18,242,687 shares of Series A Stock to BBHC Class A Voting members

 

NOW THERFORE, in consideration of the mutual covenants set forth herein and in the Acquisition Agreement and for other good and valuable consideration, and intending to be legally bound, the parties do hereby amend the Acquisition Agreement as follows:

1.  Section 2.1 “Effect of the Contribution on Capital Stock” of the Acquisition Agreement is hereby amended and restated in its entirety as follows (amended language in italics):

2.1           Effect of the Contribution on Capital Stock.  At the Effective Time, as a result of the Contribution of BBHC Units, each Class A Unit representing membership interests in BBHC (each, a “Class A Unit”) will be contributed to SCDC in exchange for the right to receive the number of shares of SCDC Preferred Stock (the “Class A Contribution Consideration”) equal to the Exchange Ratio.  At the Effective Time, as a result of the Contribution of BBHC Units, each Class B Unit representing membership interests in BBHC (each, a “Class B Unit” and collectively with the Class A Units, the “Units”) will be contributed to SCDC in exchange for the right to receive the number of shares of SCDC Common Stock (the “Class B Contribution Consideration” and collectively with the “Class A Contribution Consideration”, the “Contribution”) equal to the Exchange Ratio.  The “Exchange Ratio” is 1.82426872, based on 21,113,600 Units outstanding at the Effective Time, calculated based on the holders of outstanding capital stock of SCDC (of which there are 9,554,553 shares outstanding) owning 20% of SCDC after the Closing.  SCDC will issue 20,274,193 shares of SCDC Common Stock to BBHC Class B Non-Voting members and 18,242,687 shares of SCDC Preferred Stock to BBHC Class A Voting members. An additional number of shares may also be issued due to rounding after application of the Exchange Ratio.

  

  

  

2.  Section 3.1.h. “BBHC Representations and Warranties” (the first h. in that section) is hereby amended and restated in its entirety as follows (amended language in italics):

h.           as of the Closing :

 

	
(i)  

	
the outstanding equity interests will consist of no more than 10,000,000 Class A Voting Units and 11,113,600 Class B Non-Voting Units.  Included in Schedule 3.1(c)(i) is the complete list of Members and Units owned.  There are no other outstanding Units;

 

	
(ii)  

	
BBHC has options and warrants or other rights issued and outstanding to acquire 1,810,000 Class B Non-Voting Units, of which 600,000 are vested.  Included in Schedule 3.1(c)(ii) is a complete list of BBHC Rights.

 

3.  Section 4.1(c)(i) “SCDC Representations and Warranties” is hereby amended and restated in its entirety as follows (amended language in italics):

c.           as of the Closing :

 

	
(i)  

	
the authorized capital of SCDC will consist of 100,000,000 shares of SCDC Common Stock, no par value per share, and 18,242,700 shares of preferred stock, par value of $0.001, of which no more than 9,554,553 shares of SCDC Common Stock and no shares of SCDC preferred stock will be issued and outstanding;

 

4.  Except as expressly set forth herein, the Acquisition Agreement shall continue in full force and effect in accordance with its terms.

 

 

[SIGNATURE PAGE FOLLOWS]

 

 

 

 

 

  

  

  

IN WITNESS WHEREOF, BBHC, SCDC and the Principals have caused this Amendment to be executed as of the date first written above by their respective officers thereunto duly authorized. 

 

 

SMOKIN CONCEPTS DEVELOPMENT CORPORATION

 

 

By:    /s/ Robert B. Mudd                                                                      

Name:     Robert B. Mudd

Title: CEO, President and Board Member

 

 

 

BOURBON BROTHERS HOLDING COMPANY

 

 

By:   /s/ J. W. Roth                                                                  

Name:  J.W W. Roth

Title:  Chairman

 

 

PRINCIPALS

 

 

/s/ J. W. Roth             

J. W. Roth, Principal

 

 

/s/ Robert Mudd 

Robert Mudd, Principalex10_1.htm

EXHIBIT 10.1 

 

 

AGREEMENT AND PLAN OF MERGER

 

 

This AGREEMENT AND PLAN OF MERGER (the "Merger Agreement"), is entered into effective as of January 27, 2014 or as soon thereafter as notice has been duly provided to the Financial Industry Regulatory Authority (“FINRA”), by and among Alas Aviation Corp., a Delaware corporation ("Alas"), Alas Acquisition Company, a Delaware corporation ("AAC"), and Energie Holdings, Inc., a Delaware corporation (“Energie").

WHEREAS, on the date hereof, Alas has authority to issue Sixty Million (60,000,000) shares of common stock, $0.01 par value per share (the "Alas Stock"), of which Forty Five Million (45,000,000) shares are issued and outstanding, One Million (1,000,000) shares of preferred stock, $0.01 par value per share, of which no shares have been issued;

WHEREAS, on the date hereof, Energie has authority to issue Sixty Million (60,000,000) shares of common stock, $0.01 par value per share (the "Energie Stock"), of which One (1) share is issued and outstanding, and One Million (1,000,000) shares of preferred stock, of which no shares have been issued;

WHEREAS, on the date hereof, Alas Acquisition has authority to issue Sixty Million (60,000,000) shares of common stock, $0.01 par value per share (the "Alas Acquisition Stock"), of which One Thousand (1,000) shares are issued and outstanding, and One Million (1,000,000) shares of preferred stock, of which no shares have been issued;

WHEREAS, the respective Boards of Directors of Energie, Alas and AAC have determined that it is advisable and in the best interests of each of such corporations that they reorganize into a holding company structure pursuant §251(g) of the Delaware General Corporation Law, under which Energie would survive as the holding company, by the merger of Alas, with and into Energie, and with each holder of shares of Alas Stock receiving an equal number of share of Energie Stock in exchange for such shares of Alas Stock;

WHEREAS, under the respective certificates of incorporation of Energie, the Energie Stock has the same designations, rights and powers and preferences, and the qualifications, limitations and restrictions thereof, as the Alas Stock which will be exchanged therefore pursuant to the holding company reorganization;

WHEREAS, the Certificate of Incorporation and Bylaws of Energie, as the holding company, at the time of the merger contain provisions identical to the Certificate of Incorporation and Bylaws of Alas immediately prior to the merger, other than differences permitted by Section 251(g) of the Delaware General Corporation Law.

WHEREAS, the Certificate of Incorporation of AAC is identical to the Certificate of Incorporation of Energie immediately prior to the merger, other than differences permitted by Section 251(g) of the Delaware General Corporation Law, pursuant to this Merger Agreement;

  

 

  

WHEREAS, the Boards of Directors of Energie, Alas., and AAC have approved this Merger Agreement, shareholder approval not being required pursuant to Section 251(g) of the Delaware General Corporation Law;

WHEREAS, the parties hereto intend that the reorganization contemplated by this Merger Agreement shall constitute a tax-free reorganization pursuant to Section 368(a)(1) of the Internal Revenue Code;

NOW, THEREFORE, in consideration of the mutual agreements and covenants herein contained, Energie, Alas, and AAC hereby agree as follows:

	
(1)  

	
Merger.  Alas shall be merged with and into Energie (the "Merger"), and Energie shall be the surviving corporation (hereinafter sometimes referred to as the "Surviving Corporation").  The Merger shall become effective at 5:00 o’clock p.m. on January 27, 2014 or as soon thereafter as notice has been duly provided to the Financial Industry Regulatory Authority (“FINRA”) (the "Effective Time").

	
(2)  

	
Succession.  At the Effective Time, the separate corporate existence of Alas shall cease, and Energie shall succeed to all of the assets and property (whether real, personal or mixed), rights, privileges, franchises, immunities and powers of Alas, and Energie shall assume and be subject to all of the duties, liabilities, obligations and restrictions of every kind and description of Alas, including, without limitation, all outstanding indebtedness of Alas, all in the manner and as more fully set forth in Section 251(g) of the Delaware General Corporation Law.

	
(3)  

	
Directors.  The Directors of Alas immediately preceding the Effective Time shall be the Directors of the Surviving Corporation and AAC at and after the Effective Time until their successors are duly elected and qualified.  

	
(4)  

	
Officers.  The officers of Alas immediately preceding the Effective Time shall be the officers of the Surviving Corporation and AAC at and after the Effective Time, to serve at the pleasure of the Board of Directors of Energie.

	
(5)  

	
Conversion of Securities.  At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof:

	
(a)  

	
each share of Alas Stock issued and outstanding immediately prior to the Effective Time shall be changed and converted into and shall be one fully paid and non-assessable share of Energie Stock;

	
(b)  

	
each share of Alas Stock held in the treasury of Alas immediately prior to the Effective Time shall be cancelled and retired;

  

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(c)  

	
each option, warrant, purchase right, unit debenture or other security of Alas convertible into the same number of shares of Alas Stock as such security would have received if the security had been converted into Alas Stock immediately prior to the Effective Time, and Energie shall reserve for purposes of the exercise of such options, warrants, purchase rights, units, debentures or other securities an equal number of shares of Energie Stock as Alas had reserved; and

 

	
(d)  

	
each share of Energie Stock issued and outstanding in the name of Alas immediately prior to the Effective Time shall be cancelled and retired and resume the status of authorized and unissued shares of Energie Stock.

 

	
(6)  

	
Other Agreements.  At the Effective Time, Energie shall assume any obligation of Alas to deliver or make available shares of Alas Stock under any agreement or employee benefit plan not referred to in Paragraph 5 herein to which Alas is a party. Any reference to Alas Stock under any such agreement or employee benefit plan shall be deemed to be a reference to Energie Stock and one share of Energie Stock shall be issuable in lieu of each share of Alas Stock required to be issued by any such agreement or employee benefit plan, subject to subsequent adjustment as provided in any such agreement or employee benefit plan.

	
(7)  

	
Further Assurances.  From time to time, as and when required by the Surviving Corporation, Energie, or by its successors or assigns, there shall be executed and delivered on behalf of Alas such deeds and other instruments, and there shall be taken or caused to be taken by it all such further and other action, as shall be appropriate, advisable or necessary in order to vest, perfect or conform, of record or otherwise, in the Surviving Corporation, the title to and possession of all property, interests, assets, rights, privileges, immunities, powers, franchises and authority of Alas, and otherwise to carry out the purposes of this Merger Agreement, and the officers and directors of the Surviving Corporation are fully authorized, in the name and on behalf of Alas or otherwise, to take any and all such action and to execute and deliver any and all such deeds and other instruments.

	
(8)  

	
Certificates.  At and after the Effective Time, all of the outstanding certificates which immediately prior thereto represented shares of Alas Stock shall be deemed for all purposes to evidence ownership of and to represent the shares of Energie Stock, as the case may be, into which the shares of Alas Stock represented by such certificates have been converted as herein provided and shall be so registered on the books and records of Energie and its transfer agent.  The registered owner of any such outstanding certificate shall, until such certificate shall have been surrendered for transfer or otherwise accounted for to Alas or its transfer agent, 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 Energie Stock, as the case may be, evidenced by such outstanding certificate, as above provided.

(9) Amendment.  The parties hereto, by mutual consent of their respective boards of directors, may amend, modify or supplement this Merger Agreement prior to the Effective Time.

  

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(10) The Certificate of Incorporation of the Surviving Corporation shall be the Certificate of Incorporation.

(11) Termination.  This Merger Agreement may be terminated, and the Merger and the other transactions provided for herein may be abandoned, at any time prior to the Effective Time, whether before or after approval of this Merger Agreement by the board of directors of Energie, Alas, and AAC, by action of the board of directors of Alas if it determines for any reason, in its sole judgment and discretion, that the consummation of the Merger would be inadvisable or not in the best interests of Alas and its stockholders.

(12) Counterparts.  This Merger Agreement may be executed in one or more counterparts, and each such counterpart hereof shall be deemed to be an original instrument, but all such counterparts together shall constitute but one agreement.

(13) Descriptive Headings.  The descriptive headings herein are inserted for convenience of reference only and are not intended to be part of or to affect the meaning or interpretation of this Merger Agreement.

(14) Governing Law.  This Merger Agreement shall be governed by and construed in accordance with the laws of the State of Delaware.  

 

IN WITNESS WHEREOF, Energie, Alas, and AAC have caused this Merger Agreement to be executed and delivered as of the date first above.

	
 

Energie Holdings, Inc., a Delaware corporation

 

By: /s/ Harold Hansen

Harold Hansen, CEO

	
 

Alas Aviation Corp., a Delaware corporation

 

By: /s/ Harold Hansen

Harold Hansen, CEO

	
 

Alas Acquisition Company, a Delaware corporation

 

By: /s/ Harold Hansen

Harold Hansen, CEO

 

 

 

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