Amendment No. 3 to Agreement and Plan of Merger among Bioanalytical Systems, Inc., PI Acquisition Corp., and PharmaKinetics Laboratories, Inc.

Contract Categories: Mergers & Acquisitions › Merger Agreements
Summary

This amendment updates the merger agreement between Bioanalytical Systems, Inc., PI Acquisition Corp., and PharmaKinetics Laboratories, Inc. The main change is to extend a key deadline in the original agreement from March 31, 2003, to June 30, 2003. All other terms of the original merger agreement remain unchanged. The amendment is effective as of April 15, 2003, and is signed by authorized representatives of all three companies.

View More
EX-10.1 3 exhibit101.htm AMENDMENT #3 TO AGREEMENT & PLAN OF MERGER Exhibit 10.1 - Amendment No. 3 to Agreement and Plan of Merger

EXHIBIT 10.1


AMENDMENT NO. 3 TO
AGREEMENT AND PLAN OF MERGER

         THIS AMENDMENT NO. 3 TO AGREEMENT AND PLAN OF MERGER (this "Amendment") is made as of this 15th day of April, 2003, among Bioanalytical Systems, Inc., an Indiana corporation ("BAS"), PI Acquisition Corp., a Maryland corporation ("MergerCo"), and PharmaKinetics Laboratories, Inc., a Maryland corporation (the "Company"). All capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Merger Agreement (as defined below).

         WHEREAS, BAS, MergerCo and the Company are parties to that certain Agreement and Plan of Merger dated as of June 20, 2002, as amended by Amendment No. 1 to Agreement and Plan of Merger dated as of July 24, 2002 and Amendment No. 2 to Agreement and Plan of Merger dated as of November 21, 2002 (the "Merger Agreement"); and

         WHEREAS, BAS, MergerCo and the Company desire to amend certain portions of the Merger Agreement pursuant to the terms and conditions of this Amendment;

         NOW, THEREFORE, in consideration of the mutual agreements herein contained, and pursuant to Section 10.11 of the Merger Agreement, the Merger Agreement is hereby amended by the parties as follows:

 
Section 9.1(b)(iii) is hereby amended by deleting the phrase "March 31, 2003"; and replacing it with "June 30, 2003".

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

         IN WITNESS WHEREOF, the undersigned have caused this Amendment to be executed by their duly authorized officers as of the date first above written.

  BIOANALYTICAL SYSTEMS, INC.



By:  /s/ Peter T. Kissinger
Peter T. Kissinger, Ph.D.
Chief Executive Officer



PI ACQUISITION CORP.



By:  /s/ Peter T. Kissinger
Peter T. Kissinger, Ph.D.
Director



PHARMAKINETICS LABORATORIES, INC.



By:  /s/ James M. Wilkinson
James M. Wilkinson, II, Ph.D.
President and Chief Executive Officer