West Virginia Plan of Merger between Stamps.Com, Inc., Rocket Acquisition Corp. and Iship.Com, Inc.

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Agreement and Plan of Merger between Stamps.Com, Inc., Rocket Acqusition Corporation and Iship.Com, Inc. dated October 22, 1999. 49 pages

Title: West Virginia Plan of Merger: Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. Introduction: The West Virginia Plan of Merger between Stamps. Com, Inc., Rocket Acquisition Corp., and Ship. Com, Inc. is a significant business transaction that involves the consolidation of these companies. This detailed description aims to provide an overview of this merger plan and highlight its key aspects and benefits. Keywords: West Virginia Plan of Merger, Stamps. Com, Rocket Acquisition Corp., Ship. Com, consolidation, business transaction, companies, merger plan, benefits 1. Overview of the Merger Plan: The West Virginia Plan of Merger between Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. is a strategic move towards merging these companies' operations and resources. This plan entails combining the assets, liabilities, and business functions of all three entities to form a single, more competitive and efficient organization. Keywords: strategic move, operations, resources, assets, liabilities, business functions, competitive, efficient organization 2. Objectives of the Merger: The West Virginia Plan of Merger aims to achieve numerous objectives for Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. Some key goals include: — Expanding market reach and customer base — Enhancing product and service offerings through shared expertise — Streamlining operations and reducing duplicate functions — Leveraging synergies to drive growth and profitability — Improving overall operational efficiency and cost-effectiveness Keywords: market reach, customer base, product offerings, service offerings, expertise, operations, synergies, growth, profitability, efficiency, cost-effectiveness 3. Types of West Virginia Plans of Merger: Under the West Virginia legal framework, different types of merger plans can be pursued. These options include: a. Statutory Merger: In this type of merger, Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. will consolidate into a single legal entity, absorbing the assets, liabilities, and operations of the other two companies. Keywords: statutory merger, legal entity, assets, liabilities, operations b. Consolidation: Under a consolidation merger, Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. will unite to form an entirely new entity, pooling together their resources, operations, and workforce. Keywords: consolidation merger, new entity, resources, operations, workforce c. Subsidiary Merger: In a subsidiary merger, one company (commonly the acquiring entity) becomes the parent company of the others (subsidiaries), allowing for centralized control and administration while maintaining separate legal entities. Keywords: subsidiary merger, parent company, subsidiaries, centralized control, separate legal entities 4. Benefits of the Merger Plan: The West Virginia Plan of Merger offers several advantages to all entities involved. These benefits may include: — Increased market power and share, leading to competitive advantages — Enhancement of existing products/services through joint capabilities — Consolidation of resources for cost savings and economies of scale — Access to complementary technologies, expertise, and customer bases — Potential for increased revenue and profitability in the long term Keywords: market power, competitive advantages, products, services, capabilities, resources, cost savings, economies of scale, technologies, expertise, customer bases, revenue, profitability Conclusion: The West Virginia Plan of Merger between Stamps. Com, Rocket Acquisition Corp., and Ship. Com, Inc. represents an opportunity for these companies to strategically combine their operations, resources, and market presence. This comprehensive merger plan aims to unlock synergies, drive growth, and create a stronger, more competitive organization with enhanced market reach and profitability. Keywords: strategic combination, operations, resources, market presence, synergies, growth, competitive organization, market reach, profitability

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West Virginia Plan of Merger between Stamps.Com, Inc., Rocket Acquisition Corp. and Iship.Com, Inc.