Agreement and Plan of Merger (2017)Full Document 

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AGREEMENT AND PLAN OF MERGER

AMONG

LHC GROUP, INC.,

HAMMER MERGER SUB, INC.

and

ALMOST FAMILY, INC.

DATED AS OF NOVEMBER 15, 2017


TABLE OF CONTENTS

Page

ARTICLE 1 DEFINITIONS

2

Section 1.1

Definitions. 2

Section 1.2

Interpretation and Rules of Construction. 11

ARTICLE 2 THE MERGER

12

Section 2.1

The Merger. 12

Section 2.2

Closing. 12

Section 2.3

Effective Time. 12

Section 2.4

Organizational Documents. 13

Section 2.5

Officers and Directors of the Surviving Entity. 13

Section 2.6

Hammer Directors and Officers. 13

Section 2.7

Headquarters. 14

Section 2.8

Tax Treatment. 14

ARTICLE 3 EFFECTS OF THE MERGER

14

Section 3.1

Effects of the Merger. 14

Section 3.2

Exchange Procedures; Exchange Agent; Distributions with Respect to Unexchanged Shares. 15

Section 3.3

Sledge Stock-Based Awards. 17

Section 3.4

Withholding Rights. 18

Section 3.5

Lost Certificates. 18

Section 3.6

Dissenters Rights. 18

ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF HAMMER AND MERGER SUB

18

Section 4.1

Organization and Qualification; Subsidiaries. 18

Section 4.2

Authority. 19

Section 4.3

Approval Required. 20

Section 4.4

No Conflict; Required Filings and Consents. 20

Section 4.5

Capital Structure. 20

Section 4.6

SEC Documents; Financial Statements; Sarbanes-Oxley Act; Internal Controls; Off Balance Sheet Arrangements; Investment Company Act. 22

Section 4.7

Absence of Certain Changes or Events. 23

Section 4.8

No Undisclosed Liabilities. 23

Section 4.9

Permits; Compliance with Law. 24

Section 4.10

Healthcare Matters. 25

Section 4.11

Litigation. 26

Section 4.12

Taxes. 26

Section 4.13

Benefit Plans. 28

Section 4.14

Employees and Labor Matters. 29

Section 4.15

Intellectual Property. 30

Section 4.16

Environmental Matters. 31

Section 4.17

Properties. 32

Section 4.18

Material Contracts. 32

Section 4.19

Insurance. 34

Section 4.20

Related Party Transactions. 34

Section 4.21

Brokers. 35

Section 4.22

Opinion of Financial Advisor. 35

Section 4.23

Takeover Statutes. 35

Section 4.24

Ownership of Merger Sub; No Prior Activities. 35

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Section 4.25

Information Supplied. 35

Section 4.26

No Other Representations and Warranties. 36

ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF SLEDGE

36

Section 5.1

Organization and Qualification; Subsidiaries. 36

Section 5.2

Authority. 37

Section 5.3

Approval Required. 37

Section 5.4

No Conflict; Required Filings and Consents. 38

Section 5.5

Capital Structure. 38

Section 5.6

SEC Documents; Financial Statements; Sarbanes-Oxley Act; Internal Controls; Off Balance Sheet Arrangements; Investment Company Act. 39

Section 5.7

Absence of Certain Changes or Events. 41

Section 5.8

No Undisclosed Liabilities. 41

Section 5.9

Permits; Compliance with Law. 41

Section 5.10

Healthcare Matters. 43

Section 5.11

Litigation. 43

Section 5.12

Taxes. 44

Section 5.13

Benefit Plans. 45

Section 5.14

Employees and Labor Matters. 46

Section 5.15

Intellectual Property. 48

Section 5.16

Environmental Matters. 49

Section 5.17

Properties. 49

Section 5.18

Material Contracts. 50

Section 5.19

Insurance. 52

Section 5.20

Related Party Transactions. 52

Section 5.21

Brokers. 52

Section 5.22

Opinion of Financial Advisor. 52

Section 5.23

Takeover Statutes. 52

Section 5.24

Information Supplied. 53

Section 5.25