Exhibit 10.22
AGREEMENT AND PLAN
OF
MERGER
BY AND AMONG
DELTATHREE.COM INC.,
YOURDAY ACQUISITION
CORP.,
YOURDAY.COM, INC.
AND
SENSENET INC.
TABLE OF CONTENTS
ARTICLE I
THE MERGER...........................................................................2
Section 1.1 The Merger......................................................2
Section 1.2 Closing.........................................................2
Section 1.3 Effective Time of the Merger....................................2
ARTICLE II
EFFECTS OF THE MERGER................................................................2
Section 2.1 Certificate of Incorporation....................................2
Section 2.2 By-laws.........................................................2
Section 2.3 Effect of the Merger............................................2
Section 2.4 Directors.......................................................3
Section 2.5 Officers........................................................3
ARTICLE III
CONVERSION OF SHARES.................................................................3
Section 3.1 Conversion of Company Shares in the Merger......................3
Section 3.2 Consideration...................................................4
Section 3.3 Exchange of Certificates........................................5
Section 3.4 No Fractional Securities........................................7
Section 3.5 Dissenters' Rights..............................................7
Section 3.6 Closing of the Company's Transfer Books.........................8
Section 3.7 Tax Consequences................................................8
Section 3.8 Taking of Necessary Action; Further Action...............