{"id":43411,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/exclusivity-agreement-wolters-kluwer-u-s-corp-and-plenum.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"exclusivity-agreement-wolters-kluwer-u-s-corp-and-plenum","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/planning\/exclusivity-agreement-wolters-kluwer-u-s-corp-and-plenum.html","title":{"rendered":"Exclusivity Agreement &#8211; Wolters Kluwer U.S. Corp. and Plenum Publishing Corp."},"content":{"rendered":"<pre>\n\n[LOGO]\n\n                                   June 4, 1998\n\nKluwer Boston, Inc.\nc\/o Wolters Kluwer U.S. Corporation\n48th Floor\n161 North Clark Street\nChicago, Illinois  60601\n\nDear Sirs:\n\n     This will acknowledge the offer made by Kluwer Boston, Inc. ('Kluwer') to\npurchase all of the outstanding shares of capital stock of Plenum Publishing\nCorporation ('Plenum') at a price of $73.50 per share.  The Plenum Board of\nDirectors will meet and act on that offer on Wednesday, June 10, 1998.\n\n     To induce Kluwer to keep its offer open until the Plenum merger agreement,\nlock up agreements, option agreement and other aspects of the transaction\n(collectively, the 'Transaction Documents') are completed and signed, Plenum\nhereby agrees that neither it nor any of its officers, directors, advisors or\nother representatives will, prior to the earlier of the date on which all of the\nTransaction Documents are executed and delivered by the parties or 11:59 p.m.,\nEastern Daylight time on June 24, 1998, solicit, initiate, encourage or\nconsider, or place before the Plenum Board of Directors, any other  bids,\noffers, proposals or negotiate with anyone other than Kluwer, in respect of the\nacquisition of any or all of the assets, business or capital stock of Plenum.\n\n     Kluwer hereby agrees to keep its offer open until such earlier date.\n\n                                   Very truly yours,\n\n                                   \/s\/ Bernard Bressler\n                                   -----------------------------------\n                                   Bernard Bressler\n                                   Secretary and Director\n                                   Plenum Publishing Corporation\n\nAccepted and agreed:\nKluwer Boston, Inc.\nBy Wolters Kluwer U.S. Corporation\n\nBy: \/s\/ Bruce C. Lenz\n   --------------------------------\n  Bruce C. Lenz\n  Executive Vice President and\n  Chief Financial Officer\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8537],"corporate_contracts_industries":[9464],"corporate_contracts_types":[9622,9626],"class_list":["post-43411","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-plenum-publishing-corp","corporate_contracts_industries-media__books","corporate_contracts_types-planning","corporate_contracts_types-planning__merger"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43411"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43411"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43411"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}