Letter Agreement, dated May 3, 2018, by and among the Company, SCG Digital, LLC, SCG Digital Merger Sub, Inc., and SCG Digital Financing, LLC
Exhibit 2.1
RMG Networks Holding Corporation
15301 N. Dallas Parkway, Suite 500
Dallas, Texas 75001
May 3, 2018
SCG Digital, LLC
SCG Merger Sub, Inc.
SCG Digital Financing, LLC
c/o Sachs Capital Group, LLC
2132 Deep Water Lane, Suite 232
Naperville, IL 60564
Attn: Greg Sachs
Email: ***@***
Re: Merger Agreement
Reference is made to that certain Agreement and Plan of Merger, dated April 2, 2018, among SCG DIGITAL, LLC, SCG MERGER SUB, INC., SCG DIGITAL FINANCING, LLC (“Lender”) and RMG NETWORKS HOLDING CORPORATION (the “Company”) (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”). Capitalized terms used herein but not otherwise defined in this letter agreement have the meanings ascribed to such terms in the Merger Agreement.
The parties to the Merger Agreement agree that (a) the Company shall have until May 11, 2018 under Section 6.04(b) of the Merger Agreement to prepare and file the Proxy Statement and Schedule 13E-3 with the SEC and (b) the Company and Parent shall have until May 11, 2018 to jointly prepare and file the Schedule 13E-3 with the SEC.
[Signature Page to Follow]
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| Very truly yours, | |||
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| RMG NETWORKS HOLDING CORPORATION, | |||
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| a Delaware corporation | |||
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| By: | /s/ Robert Michelson | ||
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| Name: | Robert Michelson | ||
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| Title: | President and Chief Executive Officer | ||
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ACKNOWLEDGED AND AGREED: |
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SCG DIGITAL, LLC |
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By: | /s/ Gregory H. Sachs |
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Name: | Gregory H. Sachs |
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Title: | President |
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SCG DIGITAL MERGER SUB, INC. |
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By: | /s/ Gregory H. Sachs |
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Name: | Gregory H. Sachs |
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Title: | President |
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SCG DIGITAL FINANCING, LLC |
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By: | /s/ Gregory Sachs |
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Name: | Gregory Sachs |
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Title: | President |
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