Amendment No. 2 to Arrangement Agreement among Alithya Group Inc., 9374-8572 Delaware Inc., and Edgewater Technology, Inc.
This amendment updates the terms of a previous arrangement agreement between Alithya Group Inc., its subsidiaries, and Edgewater Technology, Inc. The changes include revising the definition of the "Equity Exchange Ratio" to 1.1918 and removing certain other definitions and provisions. The amendment is effective as of October 17, 2018, and is signed by authorized representatives of all parties involved.
Exhibit 10.1
AMENDMENT NO. 2
TO ARRANGEMENT AGREEMENT
This Amendment No. 2 to Arrangement Agreement (Amendment) is made as of October 17, 2018
AMONG
Alithya Group Inc., a corporation existing under the laws of Québec
-and-
Alithya Group inc. (f/k/a 9374-8572 Québec Inc.), a corporation existing under the laws of Québec
-and-
9374-8572 Delaware Inc., a corporation existing under the laws of Delaware
-and-
Edgewater Technology, Inc., a corporation existing under the laws of Delaware.
RECITALS
A. The Parties have previously entered into an Arrangement Agreement dated as of March 15, 2018, as amended on September 10, 2018 (the Arrangement Agreement).
B. The Parties now desire to amend the Arrangement Agreement in certain respects as provided herein.
NOW, THEREFORE, the parties agree as follows:
1. Capitalized terms not otherwise defined in this Amendment shall have the meanings ascribed to them in the Arrangement Agreement.
2. The definitions of Adjusted Equity Exchange Ratio and VWAP in Section 1.1 of the Arrangement Agreement are hereby deleted in their entirety and replaced, in each case, with the word Reserved.
3. The definition of Equity Exchange Ratio in Section 1.1 of the Arrangement Agreement is hereby deleted in its entirety and replaced with the following:
Equity Exchange Ratio means 1.1918;
4. Section 8.2(e) of the Arrangement Agreement is hereby deleted in its entirety and replaced with the word Reserved.
[The remainder of this page is left intentionally blankSignature page follows]
IN WITNESS WHEREOF the Parties have caused this Agreement to be executed as of the date first written above by their respective officers thereunto duly authorized.
ALITHYA GROUP INC. | ||
By: | /s/ Paul Raymond | |
Name: Paul Raymond Title: President and Chief Executive Officer |
ALITHYA GROUP INC. (F/K/A9372-8572 QUÉBEC INC.) | ||
By: | /s/ Paul Raymond | |
Name: Paul Raymond Title: President |
9374-8572 DELAWARE INC. | ||
By: | /s/ Paul Raymond | |
Name: Paul Raymond Title: President |
EDGEWATER TECHNOLOGY, INC. | ||
By: | /s/ Jeffrey L. Rutherford | |
Name: Jeffrey L. Rutherford Title: Chairman, Interim President and Interim Chief Executive Officer |
[Signature Page to Amendment No. 2 to Arrangement Agreement]