EXHIBIT 10.25
MERGER AGREEMENT
BETWEEN
JABIL CIRCUIT (TAIWAN) LIMITED AND
AND
TAIWAN GREEN POINT ENTERPRISES CO., LTD.
NOVEMBER 22, 2006
TABLE OF CONTENTS
i
Page
ARTICLE 1 THE MERGER
1
1.1. G RADUATE A CTIONS .
1
1.2. T HE M ERGER .
1
1.3. M ERGER E FFECTIVE D ATE ; C LOSING .
2
1.4. E FFECTS OF THE M ERGER .
2
1.5. A RTICLES OF Incorporation, Directors and Officers of Surviving Corporation.
2
ARTICLE 2 EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE SURVIVING CORPORATION
2
2.1. E FFECT ON C APITAL S TOCK .
2
2.2. P AYMENT OF M ERGER C ONSIDERATION
3
ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF GRADUATE
3
3.1. O RGANIZATION AND Q UALIFICATION ; S UBSIDIARIES .
4
3.2. A RTICLES OF I NCORPORATION AND O RGANIZATIONAL R ULES .
4
3.3. C APITALIZATION .
5
3.4. A UTHORITY R ELATIVE TO THIS A GREEMENT .
5
3.5. N O C ONFLICT ; R EQUIRED F ILINGS AND C ONSENTS .
6
3.6. C OMPLIANCE ; P ERMITS .
6
3.7. FSC F ILINGS ; F INANCIAL S TATEMENTS .
7
3.8. A BSENCE OF C ERTAIN C HANGES OR E VENTS .
7
3.9. N O U NDISCLOSED L IABILITIES .
9
3.10. A BSENCE OF L ITIGATION .
9
3.11. E MPLOYEE B ENEFIT P LANS .
9
3.12. E MPLOYEES .
11
3.13. R ESTRICTIONS ON B USINESS A CTIVITIES .
12
3.14. A BSENCE OF L IENS AND E NCUMBRANCES ; T ITLE TO P ROPERTIES .
12
3.15. T AXES .
12
3.16. E NVIRONMENTAL M ATTERS .
14
3.17. A GREEMENTS .
15
3.18. B ROKERS .
16
3.19. I NTELLECTUAL P ROPERTY .
16
3.20. I NSURANCE .
19
3.21. B OARD A PPROVAL .
19
3.22. V OTE R EQUIRED .
19
3.23. R IGHT TO D ISSENT .
19
3.24. P ROPERTIES .
19
TABLE OF CONTENTS
i
Page
ARTICLE 1 THE MERGER
1
1.1. G RADUATE A CTIONS .
1
1.2. T HE M ERGER .
1
1.3. M ERGER E FFECTIVE D ATE ; C LOSING .
2
1.4. E FFECT