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99108911
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Last modified
3/13/2012 7:16:22 PM
Creation date
10/21/2005 12:39:18 AM
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DEEDS
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99108911
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� 99 1�8911 <br /> PLAN AND AGREEMENT OF MERGER <br /> "� BETWEEN CONSOLIDATED BLENDERS, INC. <br /> A KANSAS CORPORATION, AND <br /> BLENDERS, INC., A NEBRASKA CORPORATION <br /> 1. Effective upon filing appropriate Articles of Merger with the respective Secretary <br /> of State's of Kansas and Nebraska, Consolidated Blenders, Inc., a Kansas <br /> corporation, shall merge into Blenders, Inc., a Nebraska corporation, and <br /> Blenders, Inc., a Nebraska corporation, shall be the surviving entity. The <br /> corporate name of the surviving entity, however, shall be Consolidated Blenders, <br /> Inc. and shall be a Nebraska corporation. The Articles of Incorporation of <br /> Blenders, Inc. shall be amended to change the name of the corporation to <br /> Consolidated Blenders, Inc. <br /> 2. Upon the effective date of the merger, all shares of Blenders, Inc. issued to <br /> Consolidated Blsnders, Inc. (CBI) shall be cancelled and all shares of CBI shall <br /> be exchanged for an equal amount of shares of the surviving entity. The shares to <br /> be issued shall be identical in number with identical designations, preferences, <br /> limitations and relatives rights as those shares presently held by the Shareholders <br /> of CBI, the purpose of this transaction being only to change the state of <br /> incorporation. <br /> 3. The authorized stock of the surviving corporation shall be 1,000,000 shares of <br /> --� common capital stock with a par value of$0.10 per share. <br /> 4. Upon the effective date of this merger, the separate existence of CBI shall cease <br /> and all rights; interest; property real, personal, and mixed; causes of action; and <br /> any other assets and businesses of CBI shall merge with and become a part of the <br /> surviving entity without any further transference's, deeds, conveyances or other <br /> actions. All liabilities of every type and manner whatever of CBI shall also <br /> become those of the surviving entity. <br /> 5. Blenders, Inc. and CBI respectively represent and warrant to the other party that <br /> each entity is duly formed, existing and in good standing under its respective <br /> statutory scheme. <br /> 6. The Merger and Plan of Agreement shall be construed and interpreted according <br /> to the applicable laws of the State of Nebraska. <br /> 7. This Plan and Agreement of Merger has been unanimously approved by the <br /> Boards of Directors and Shareholders of each corporation which is a party to this <br /> Agreement. <br /> 8. The surviving corporation agrees that it may be served with process in the State of <br /> Kansas in any proceeding for enforcement of any obligation of each corporation <br /> ,� which is a party to this agreement, as well as for the enforcement of any <br /> EXHIBIT B <br /> Page 3 of 4 �O� � <br />
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