| B. If the business and affairs of the unincorporated | eligible entity are managed by a group of persons that is | not identical to the members or interest holders, that group | is deemed to be the board of directors. |
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| | 4. Plan of merger. A plan of merger must include: |
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| A. The name of each domestic or foreign business or | nonprofit corporation or unincorporated eligible entity that | will merge and the name of the corporation or unincorporated | eligible entity that will be the survivor of the merger; |
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| B. The terms and conditions of the merger; |
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| C. The manner and basis of converting the shares of each | merging domestic or foreign business corporation, | memberships of each domestic or foreign nonprofit | corporation and eligible interests of each merging domestic | or foreign unincorporated eligible entity into shares or | other securities, memberships, eligible interests, | obligations, rights to acquire shares, or other securities | or interest eligible interests, cash or other property or | any combination thereof; |
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| D. The articles of incorporation of any domestic or foreign | business or nonprofit corporation or the organic documents | of any domestic or foreign unincorporated entity to be | created by the merger or, if a new domestic or foreign | business or nonprofit corporation or unincorporated entity | is not to be created by the merger, any amendments to the | survivor's articles of incorporation or organic documents; | and |
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| E. Any other provisions required by the laws under which | any party to the merger is organized or by which it is | governed, or by the articles of incorporation or organic | documents of any such person. |
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| | 5. Extrinsic facts. The terms Terms of the a plan of merger | referred to in subsection 4, paragraphs B and C may be made | dependent on upon facts ascertainable outside the plan of merger, | as long as those facts are objectively ascertainable. For the | purposes of this subsection, "facts" includes, but is not limited | to, the occurrence of any event, including a determination or | action by any person or body, including the corporation. outside | the plan in accordance with section 121, subsection 10. |
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| | 6. Amend plan prior to filing articles of merger. The plan | of merger may also include a provision that the plan may be |
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