Termination Notice of Plan and Agreement of Merger between KLLLC Mergerco, LLC and Kaanapali Land, LLC
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Summary
KLLLC Mergerco, LLC has formally notified Kaanapali Land, LLC that it is terminating their previously agreed Plan and Agreement of Merger, effective immediately as of June 15, 2007. The notice is issued by KLLLC Mergerco, LLC and acknowledged by Kaanapali Land, LLC. This means the merger between the two companies will not proceed under the terms of the original agreement dated April 9, 2007.
EX-2.1 2 exh_21.txt EXHIBIT 2.1 - ----------- TERMINATION NOTICE June 15, 2007 Kaanapali Land, LLC 900 North Michigan Avenue Suite 1400 Chicago, IL 60611 Pursuant to Article Twelfth of the Plan and Agreement of Merger merging KLLLC Mergerco, LLC ("KLLLC") with and into Kaanapali Land, LLC (the "Company") dated April 9, 2007 (the "Agreement"), KLLLC hereby notifies the Company that it terminates the Agreement effective immediately. KLLLC MERGERCO, LLC By: /s/ Paul Nielsen ------------------------------ Name: Paul Nielsen Title: Vice President ACKNOWLEDGED AS OF THE DATE HEREOF KAANAPALI LAND, LLC By: /s/ Gary Nickele ------------------------------ Name: Gary Nickele Title: President