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Technology Stocks : Identix (IDNX)
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To: steve who wrote (12427)2/10/1999 1:44:00 PM
From: R. Jaynes  Read Replies (1) of 26039
 
All,

From the S-4A -

"The merger cannot be completed unless IDT stockholders approve it.
Stockholder approval of the merger is assured because Identix has received the agreement of persons holding at least a majority of IDT common stock to vote their IDT shares in favor of the merger."

and

"Furthermore, Identix will enter into employment agreements and noncompetition agreements with Mr. Pieper, Mr. Evans, Mr. Khidekel, and Mr. Shapiro. In connection with the employment agreements, each of those officers will receive an option to purchase 100,000 shares of Identix common stock at an exercise price equal to the closing price of the Identix common stock on AMEX on the closing date of the merger."

Rick
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