-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GL4G3Qnqmv+DMm2HDB9NZgYJFWgGA8+DV2uFQJKA97ZuFPBI4G/FPp77mF4HD1XR XQKW4sYjDJTTlo7t/dX5lA== 0000892569-02-001229.txt : 20020530 0000892569-02-001229.hdr.sgml : 20020530 20020530172407 ACCESSION NUMBER: 0000892569-02-001229 CONFORMED SUBMISSION TYPE: SC TO-T PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20020530 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MICRO GENERAL CORP CENTRAL INDEX KEY: 0000067383 STANDARD INDUSTRIAL CLASSIFICATION: MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590] IRS NUMBER: 952621545 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T SEC ACT: 1934 Act SEC FILE NUMBER: 005-33618 FILM NUMBER: 02666735 BUSINESS ADDRESS: STREET 1: 2510 RED HILL AVENUE STREET 2: SUITE 200 CITY: SANTA ANA STATE: CA ZIP: 92705 BUSINESS PHONE: 949-622-4444 MAIL ADDRESS: STREET 1: 2510 RED HILL AVENUE STREET 2: SUITE 200 CITY: SANTA ANA STATE: CA ZIP: 92705 FORMER COMPANY: FORMER CONFORMED NAME: MODULEARN INC DATE OF NAME CHANGE: 19810813 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY NATIONAL INFORMATION SOLUTIONS INC CENTRAL INDEX KEY: 0000888793 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 411293754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T BUSINESS ADDRESS: STREET 1: 5060 SHOREHAM PL. #300 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 6194506100 MAIL ADDRESS: STREET 1: 5060 SHOREHAM PLACE STREET 2: STE 300 CITY: SAN DIEGO STATE: CA ZIP: 92122 FORMER COMPANY: FORMER CONFORMED NAME: VISTA INFORMATION SOLUTIONS INC DATE OF NAME CHANGE: 19950601 SC TO-T 1 a81617tosctovt.htm SCHEDULE TO Fidelity National Information Solutions, Inc.
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As filed with the Securities and Exchange Commission on May 30, 2002

Registration No. 333-____________



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


SCHEDULE TO
(Rule 14d-100)
Tender Offer Statement Pursuant to Section 14(d)(1) or 13 (e)(1) of the
Securities Exchange Act of 1934


MICRO GENERAL CORPORATION
(Name of Subject Company)

FIDELITY NATIONAL INFORMATION SOLUTIONS, INC.
(Names of Filing Person — Offeror)

Common Stock, Par Value $0.05 Per Share
(Title of Class of Securities)


594838302
(Cusip Number of Class of Securities)

Patrick F. Stone
Chief Executive Officer
Fidelity National Information Solutions, Inc.
4050 Calle Real
Santa Barbara, California 93110
(805) 696-7000

(Name, address and telephone number of person authorized to receive notice
and communications on behalf of filing person)


With copies to:

C. Craig Carlson, Esq.
Stradling Yocca Carlson & Rauth,
a Professional Corporation
660 Newport Center Drive
Suite 1600
Newport Beach, California 92660
(949) 725-4000

 


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Calculation of Filing Fee

     

Transaction valuation*   Amount of filing fee**

$342,261,077.08   $31,488.02


     
*   Estimated solely for the purpose of calculating the filing fee, based on the product of (i) $19.16, the average of the high and low prices of Micro General Corporation common stock as reported on The Nasdaq National Market on May 23, 2002 and (ii) the maximum number of shares of common stock of Micro General Corporation that may be acquired in the exchange offer and merger (based on the diluted weighted average shares outstanding at March 31, 2002, as reported by Micro General Corporation in its Quarterly Report on Form 10-Q for the period ended March 31, 2002) to which this Tender Offer Statement relates.
 
**   0.0092% of the Transaction Value.
 
[X]   Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
 
          Amount Previously Paid: $31,488.02                Filing Party: Fidelity National Information Solutions, Inc.
          Form or Registration No.: Form S-4                   Date Filed: May 30, 2002
 
[   ]   Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
 
    Check the appropriate boxes below to designate any transactions to which the statement relates:
 
    [X]   third-party tender offer subject to Rule 14d-1.
    [   ]   issuer tender offer subject to Rule 13e-4.
    [   ]   going-private transaction subject to Rule 13e-3.
    [   ]   amendment to Schedule 13D under Rule 13d-2.
 
    Check the following box if the filing is a final amendment reporting the results of the tender offer. [   ]



 


Items 1 through 11.
Item 12. Exhibits.
Item 13. Information Required by Schedule 13e-3.
SIGNATURE
EXHIBIT (A)(13)
EXHIBIT 99.(D)(1)
EXHIBIT 99.(D)(2)


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     This Tender Offer Statement on Schedule TO is filed by Fidelity National Information Solutions, Inc., a Delaware corporation (“FNIS”). This Schedule TO relates to the offer by FNIS to exchange shares of common stock, par value $0.001 per share, of FNIS for each outstanding share of common stock, par value $0.05 per share (the “Shares”), of Micro General Corporation, a Delaware corporation (“MGEN”), upon the terms and subject to the conditions set forth in the Prospectus, dated May 30, 2002 (the “Prospectus”), and in the related Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1) and (a)(2), respectively (which, together with any amendments or supplements thereto, collectively constitute the “Offer”).

Items 1 through 11.

     The information set forth in the Prospectus and the related Letter of Transmittal is incorporated herein by reference with respect to Items 1 through 11 of this Schedule TO.

     
Item 12.   Exhibits
 
(a)(1)   Prospectus dated May 30, 2002 (incorporated by reference from Fidelity National Information Solutions, Inc.’s Registration Statement on Form S-4 filed on May 30, 2002 (the “Form S-4”)).
 
(a)(2)   Form of Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9) (incorporated by reference to Exhibit 99.1 to the Form S-4).
 
(a)(3)   Form of Notice of Guaranteed Delivery (incorporated by reference to Exhibit 99.2 to the Form S-4).
 
(a)(4)   Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.3 to the Form S-4).
 
(a)(5)   Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.4 to the Form S-4).
 
(a)(6)   Form of Notice to Employee Stock Purchase Plan Participants (incorporated by reference to Exhibit 99.5 to the Form S-4).
 
(a)(7)   Form of Notice to Holders of MGEN Stock Options and Warrants (incorporated by reference to Exhibit 99.6 to the Form S-4).
 
(a)(8)   Opinion and Consent of Jefferies & Company, Inc., financial advisor to FNIS (incorporated by reference to Exhibit 99.7 to the Form S-4).

 


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(a)(9)   Press Release of Fidelity National Information Solutions, Inc. issued on April 30, 2002, announcing its tender offer for all of the outstanding shares of Micro General Corporation (incorporated by reference to the filing on April 30, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
(a)(10)   Press Release of Fidelity National Information Solutions, Inc. issued on May 13, 2002, announcing that it had entered into an exclusive agreement with The Prudential Real Estate Affiliates, Inc., a Prudential Financial company, as an application service provider of a unified Internet product suite (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 13, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
 
(a)(11)   Press Release of Fidelity National Information Solutions, Inc. issued on May 16, 2002, announcing its acquisition of a majority interest in Hansen Quality Loan Services, Inc. (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 16, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933 ).
 
(a)(12)   Press Release and its correction of Fidelity National Information Solutions, Inc. issued on May 16, 2002, announcing it had entered into a non-binding letter of intent to acquire Factual Data Corp., a Colorado corporation (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 17, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
(a)(13)   Press Release of Fidelity National Information Solutions, Inc. issued on May 30, 2002, announcing the formal commencement of its tender offer for all of the outstanding shares of Micro General Corporation and a changed condition to Fidelity National Information Solutions, Inc.'s obligation to close the offer.
 
(b)   None.
 
(d)(1)   Form of Tender Agreement entered into whereby Fidelity National Financial, Inc., William P. Foley, II, John Snedegar, Patrick F. Stone, Richard Pickup and certain entities controlled by them agreed to tender their shares of Micro General Corporation common stock to Fidelity National Information Solutions, Inc. in the Offer.
 
(d)(2)   Form of Agreement Regarding Outstanding Options and Warrants entered into whereby Fidelity National Financial, Inc., Cal West Services Corporation and Dito Caree, LP will agree to an increase in the exercise or conversion price of options, warrants and other convertible securities held by them.
 
(g)   None.
 
(h)   Tax opinion of Stradling Yocca Carlson & Rauth, a professional corporation (incorporated by reference to Exhibit 8 to Form S-4).

Item 13. Information Required by Schedule 13e-3.

     Not applicable.

 


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SIGNATURE

     After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
  FIDELITY NATIONAL INFORMATION
SOLUTIONS, INC
 
 
  By: /s/ Neil A. Johnson
 
  Name: Neil A. Johnson
  Title: EVP and Chief Financial Officer

Dated: May 30, 2002

 


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EXHIBIT INDEX

     
 
(a)(1)   Prospectus dated May 30, 2002 (incorporated by reference from Fidelity National Information Solutions, Inc.’s Registration Statement on Form S-4 filed on May 30, 2002 (the “Form S-4”)).
 
(a)(2)   Form of Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9) (incorporated by reference to Exhibit 99.1 to the Form S-4).
 
(a)(3)   Form of Notice of Guaranteed Delivery (incorporated by reference to Exhibit 99.2 to the Form S-4).
 
(a)(4)   Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.3 to the Form S-4).
 
(a)(5)   Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit 99.4 to the Form S-4).
 
(a)(6)   Form of Notice to Employee Stock Purchase Plan Participants (incorporated by reference to Exhibit 99.5 to the Form S-4).
 
(a)(7)   Form of Notice to Holders of MGEN Stock Options and Warrants (incorporated by reference to Exhibit 99.6 to the Form S-4).
 
(a)(8)   Opinion and Consent of Jefferies & Company, Inc., financial advisor to FNIS (incorporated by reference to Exhibit 99.7 to the Form S-4).

 


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(a)(9)   Press Release of Fidelity National Information Solutions, Inc. issued on April 30, 2002, announcing its tender offer for all of the outstanding shares of Micro General Corporation (incorporated by reference to the filing on April 30, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
(a)(10)   Press Release of Fidelity National Information Solutions, Inc. issued on May 13, 2002, announcing that it had entered into an exclusive agreement with The Prudential Real Estate Affiliates, Inc., a Prudential Financial company, as an application service provider of a unified Internet product suite (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 13, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
 
(a)(11)   Press Release of Fidelity National Information Solutions, Inc. issued on May 16, 2002, announcing its acquisition of a majority interest in Hansen Quality Loan Services, Inc. (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 16, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933 ).
 
(a)(12)   Press Release and its correction of Fidelity National Information Solutions, Inc. issued on May 16, 2002, announcing it had entered into a non-binding letter of intent to acquire Factual Data Corp., a Colorado corporation (incorporated by reference to the Schedule TO-C filed by Fidelity National Information Solutions, Inc. on May 17, 2002 and the filing on May 21, 2002 by Fidelity National Information Solutions, Inc. pursuant to Rule 425 under the Securities Act of 1933).
 
(a)(13)   Press Release of Fidelity National Information Solutions, Inc. issued on May 30, 2002, announcing the formal commencement of its tender offer for all of the outstanding shares of Micro General Corporation and a changed condition to Fidelity National Information Solutions, Inc.'s obligation to close the offer.
 
(b)   None.
 
(d)(1)   Form of Tender Agreement entered into whereby Fidelity National Financial, Inc., William P. Foley, II, John Snedegar, Patrick F. Stone, Richard Pickup and certain entities controlled by them agreed to tender their shares of Micro General Corporation common stock to Fidelity National Information Solutions, Inc. in the Offer.
 
(d)(2)   Form of Agreement Regarding Outstanding Options and Warrants entered into whereby Fidelity National Financial, Inc., Cal West Services Corporation and Dito Caree, LP will agree to an increase in the exercise or conversion price of options, warrants and other convertible securities held by them.
 
(g)   None.
 
(h)   Tax opinion of Stradling Yocca Carlson & Rauth, a professional corporation (incorporated by reference to Exhibit 8 to Form S-4).
EX-99.(A)(13) 3 a81617toexv99wxayx13y.txt EXHIBIT (A)(13) Exhibit (a)(13) [FIDELITY LOGO] PRESS RELEASE FIDELITY NATIONAL INFORMATION SOLUTIONS ANNOUNCES COMMENCEMENT OF TENDER OFFER FOR MGEN Santa Barbara, Calif. -- (May 30, 2002) -- Fidelity National Information Solutions, Inc. (NASDAQ:FNIS), the nation's most comprehensive source for real estate-related data, technology solutions and services, today announced the formal commencement of its tender offer for all of the outstanding shares of Micro General Corporation (NASDAQ:MGEN) by filing a Registration Statement with the Securities and Exchange Commission. Under the terms of the previously announced tender offer, each share of MGEN common stock will be exchanged for .696 shares of FNIS common stock. The transaction is expected to close on June 28, 2002 and be followed by a merger in which MGEN will become a wholly owned subsidiary of FNIS. FNIS expects to issue approximately 12.9 million new shares of common stock, resulting in approximately 37.6 million outstanding shares of FNIS common stock after the tender offer is completed. Fidelity National Financial, Inc. (NYSE:FNF) will own approximately 70 percent of the outstanding stock of FNIS after the completion of the tender offer. Both FNIS and MGEN are currently majority-owned subsidiaries of FNF. Because the merger of MGEN and FNIS will require the exchange of outstanding stock options and warrants between entities under common control, an issue has arisen that will require the combined companies to record a compensation expense equal to the difference between the aggregate exercise prices and intrinsic value of most vested MGEN stock options and warrants on the date the merger closes. To reduce the stock options and warrants outstanding at the date of merger, certain affiliated parties of MGEN have volunteered to exercise their MGEN stock options and warrants at their original strike prices and then sell the underlying MGEN shares to unaffiliated third parties pursuant to Rule 144 or in private placements. With respect to those shares sold through private placements, the buyer must agree to tender those MGEN shares in the tender offer. The exercise of MGEN options and warrants and sale of the underlying MGEN shares by certain affiliated parties is a condition of the tender offer which may be waived by FNIS. This is in lieu of the previously contemplated, but not yet finalized, re-pricing agreements that would have required the re-pricing of those options to eliminate the premium in the tender offer and merger. As a result of this stock option and warrant exercise, those MGEN affiliated parties will forfeit any future increase in value in those stock options and warrants related to the potential appreciation of FNIS' common stock, while incurring current income tax expense that otherwise would have been deferred. The MGEN affiliated parties likely will also have to accept a discount and placement fee in the sale of the MGEN shares. This revision in the tender offer does not impact the previously announced agreement for William P. Foley, II and Patrick F. Stone to rescind the 165,000 MGEN stock options granted to each in April 2001. As a result, Mr. Foley and Mr. Stone will each forego the inherent intrinsic value of those stock options, which is estimated to be $2.3 million at the MGEN closing stock price of $21.25 on May 29, 2002. Fidelity National Information Solutions, Inc. (NASDAQ:FNIS) provides data, technology solutions and services to lenders, REALTORS(R) and other participants in the real estate industry. The data segment targets the information needs of lenders, originators, REALTORS(R) and residential loan servicers and provides the data solutions that these mortgage professionals require in selling homes and underwriting mortgage loans. The solutions division provides technology products and services for REALTORS(R) and brokers. FNIS is the nation's largest provider of Multiple Listing Services (MLS) systems and also supplies tools that allow REALTORS(R) and brokers to improve efficiency, lower costs, reduce risks and better manage and operate their businesses. The services segment adds value by combining manual intervention, outsourcing or process improvement with one or more of our data and/or solutions components. They can range in scope from improving a single process to providing complete outsourcing capabilities. FNIS is a majority-owned subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 and Forbes 500 Company and the nation's largest title insurance and diversified real estate related services company. FNF's title insurance underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title -- together issue approximately 30 percent of all title insurance policies nationally. The company provides title insurance in 49 states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and Canada. In connection with the proposed transaction, FNIS will file an exchange offer prospectus and a proxy statement with the Securities and Exchange Commission today. INVESTORS AND STOCKHOLDERS ARE ADVISED TO READ THESE AND ALL RELATED DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and stockholders may obtain a free copy of the exchange offer prospectus, the proxy statement and related documents from the Securities and Exchange Commission's web site at www.sec.gov. Free copies of these documents may also be obtained from FNIS by directing a request to Fidelity National Information Solutions, Inc. Investors Relations, 4050 Calle Real, Santa Barbara, California, 93110. The information contained in this press release is not an offer to sell or a solicitation to buy MGEN securities by FNIS, MGEN or any affiliate of either company. This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those expressed or implied above. The Company expressly disclaims any duty to update or revise forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management Discussion and Analysis" section of the Company's Form 10-K and other reports and filings with the Securities and Exchange Commission. SOURCE: Fidelity National Information Solutions, Inc. CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations, Fidelity National Financial, Inc., 805-696-7218, dkmurphy@fnf.com EX-99.(D)(1) 4 a81617toexv99wxdyx1y.txt EXHIBIT 99.(D)(1) EXHIBIT (d)(1) TENDER AGREEMENT THIS TENDER AGREEMENT (this "Agreement") is made and entered into as of April 29, 2002, by and between Fidelity National Information Solutions, Inc., a Delaware corporation (the "Buyer"), and the individual or entity listed on the signature page hereto (the "Stockholder"). Recitals WHEREAS, the Stockholder is, as of the date hereof, the beneficial owner of outstanding common shares, par value $0.05 per share, of Micro General Corporation, a Delaware corporation (the "Company," and such shares, the "Common Shares"), and Common Shares subject to outstanding options, warrants or other rights; WHEREAS, the Buyer intends to commence an exchange offer (the "Offer") to acquire all of the outstanding Common Shares of the Company in exchange for shares of Buyer Common Stock, and subsequent to the closing of the Offer to consummate a post-closing reorganization of the Company to be accomplished upon the terms and subject to the conditions to be set forth in a Registration Statement on Form S-4 to be filed by the Buyer with the Securities and Exchange Commission; WHEREAS, in the Offer the Buyer will offer 0.696 shares of Buyer Common Stock for each full Common Share; WHEREAS, as a condition to the willingness of the Buyer to commence the Offer, the Stockholder has agreed (solely in his, her or its capacity as a stockholder of the Company) to enter into this Agreement; NOW, THEREFORE, in consideration of the commencement of the Offer by the Buyer and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. Agreement 1. Certain Definitions. For purposes of this Agreement: "Acquisition Proposal" means any offer or proposal for, or indication of interest in, a merger, consolidation, share exchange, business combination, reorganization, recapitalization, liquidation, dissolution or other similar transaction involving, or any purchase or acquisition of, ten percent (10%) or more of (i) any class of equity securities of the Company or (ii) the consolidated assets of the Company and its subsidiaries, other than the Offer. "Shares" shall mean: (i) all securities of the Company (including all Common Shares and all options, warrants and other rights to acquire Common Shares) owned by the Stockholder as of the date of this Agreement; and (ii) all additional securities of the Company (including all additional Common Shares and all additional options, warrants and other rights to acquire Common Shares) which the Stockholder acquires during the period from the date of this Agreement through the Termination Date. "Termination Date" shall mean the earliest to occur of (i) the announcement by the Buyer of the valid termination of the Offer; or (ii) the closing of the Offer. "Transfer" The Stockholder shall be deemed to have effected a Transfer of Shares if the Stockholder directly or indirectly (i) sells, pledges, encumbers, grants an option with respect to, transfers or otherwise disposes of such Shares or any interest therein, or (ii) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, grant of an option with respect to, transfer of or disposition of such Shares or any interest therein. 2. Representations and Warranties of the Stockholder. The Stockholder hereby represents, warrants and covenants to the Buyer that the Stockholder (i) the Common Shares and the options, warrants and other rights to acquire Common Shares beneficially owned by it are free and clear of any pledges, options, rights of first refusal, co-sale rights, attachments or other encumbrances; (ii) has full power and authority to make, enter into and carry out the terms of this Agreement; and (ii) the execution, delivery and performance of this Agreement by the Stockholder and the consummation of the transactions contemplated hereby, will not (x) require the consent, waiver, approval, or authorization of any governmental authority or any other person or entity; or (y) violate, conflict with, result in a breach of or the acceleration of any obligation under, or constitute a default (or an event which with notice or the lapse of time or both would become a default) under, or give to others any right of termination, amendment, acceleration or cancellation of, or result in the creation of a lien or other encumbrance on any property or asset of the Stockholder pursuant to any provision of any indenture, mortgage, lien, lease, agreement, contract, instrument, order, judgment, ordinance, regulation or decree to which the Stockholder is subject or by which the Stockholder or any of the Stockholder's property or assets is bound. 3. Agreement to Tender Shares. The Stockholder hereby agrees that the Stockholder shall tender, or if the Stockholder holds such shares through a broker, instruct the broker to tender, his, her or its Shares into the Offer promptly, and in any event no later than the tenth business day following the commencement of the Offer, pursuant to and in accordance with the terms of the Offer Agreement, and that the Stockholder shall not withdraw any Shares so tendered unless the Offer is terminated or has expired. 4. Transferee of Shares to be Bound by this Agreement. The Stockholder hereby agrees that, at all times during the period from the date of this Agreement until the Termination Date, the Stockholder shall not cause or permit any Transfer of any of the Shares to be effected, or discuss, negotiate or make any offer regarding any Transfer of any of the Shares, unless each person to which any such Shares, or any interest therein, is or may be Transferred shall have (i) executed a counterpart of this Agreement; and (ii) agreed in writing to hold such Shares, or such interest therein, subject to all of the terms and conditions set forth in this Agreement. 5. Certain Events. In the event of any stock split, stock dividend, merger, reorganization, recapitalization or other change in the capital structure of the Company affecting the Common Shares or the acquisition of additional Common Shares or other securities or rights of the Company by any Stockholder, the number of Shares shall be adjusted appropriately, and this Agreement and the rights and obligations hereunder shall attach to any additional Common Shares or other securities or rights of the Company issued to or acquired by the Stockholder. 2 6. Certain Other Agreements. From and after the date of this Agreement until the Termination Date, the Stockholder will not, nor will the Stockholder authorize or permit any of the Stockholder's officers, directors, affiliates or employees or any investment banker, attorney, accountant, consultant or other agent, advisor or representative retained by the Stockholder to, directly or indirectly, (i) solicit, initiate, encourage or induce the making, submission or announcement of any Acquisition Proposal; (ii) engage or participate in any discussions or negotiations regarding, or furnish to any person any information relating to the Company or any of its subsidiaries or afford access to the business, properties, assets, books or records of the Company or any of its subsidiaries to any person that has made, or take any other action intended to assist or facilitate any inquiries or the making, submission, or announcement of any proposal that constitutes or would reasonably be expected to lead to, any Acquisition Proposal; (iii) approve, endorse or recommend any Acquisition Proposal; or (iv) enter into any letter of intent or similar document or any contract, agreement or commitment contemplating or otherwise relating to any Acquisition Transaction. 7. Further Assurances. The Stockholder hereby covenants and agrees to, upon the request of the Buyer, execute and deliver any additional documents and take such further actions as may be deemed by the Buyer to be necessary or desirable to carry out the provisions of this Agreement. 8. Legends. If so requested by the Buyer, Stockholder agrees to use its best efforts to place on the certificates representing the Shares a legend stating that they are subject to this Agreement. 9. Termination. Except as otherwise provided in this Agreement, this Agreement, and all rights and obligations of the parties hereunder, shall terminate and have no further force or effect immediately upon the Termination Date; provided, however, that Sections 10 and 11 shall survive any termination of this Agreement. 10. Expenses. All fees and expenses incurred by any one party hereto shall be borne by the party incurring such fees and expenses; provided, however, that if the Buyer institutes any action against the Stockholder to enforce the terms of this Agreement, the Stockholder shall pay reasonable costs and expenses, including, without limitation, reasonable attorneys' fees and costs, incurred by the Buyer in connection with such action, provided that the Buyer is successful in its action against the Stockholder. 11. Miscellaneous. (a) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, then the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. (b) Binding Effect and Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but, except as otherwise specifically provided herein, neither this Agreement nor any of the rights, interests or obligations of the parties hereto may be assigned by either of the parties without prior written consent of the other. 3 (c) Amendments and Modification. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto. (d) Specific Performance; Injunctive Relief. The parties hereto acknowledge that the Buyer shall be irreparably harmed and that there shall be no adequate remedy at law for a violation of any of the covenants or agreements of Stockholder set forth herein. Therefore, it is agreed that, in addition to any other remedies that may be available to the Buyer upon any such violation, the Buyer shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to the Buyer at law or in equity. (e) Notices. All notices and other communications pursuant to this Agreement shall be in writing and deemed to be sufficient if contained in a written instrument and shall be deemed given if delivered personally, telecopied, sent by nationally-recognized overnight courier or mailed by registered or certified mail (return receipt requested), postage prepaid, to the parties at the following address (or at such other address for a party as shall be specified by like notice): If to the Buyer: Fidelity National Information Solutions, Inc. 4050 Calle Real Santa Barbara, California 93110 Attention: General Counsel Facsimile: (949) 477-6819 With copies to: Stradling Yocca Carlson & Rauth 660 Newport Center Drive Newport Beach, California 92660 Attention: C. Craig Carlson, Esq. Facsimile No.: (949) 725-4100 If to the Stockholder: To the address for notice set forth on the signature page hereof. (f) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the conflicts of law principles thereof. The Stockholder hereby irrevocably consents to the exclusive jurisdiction and venue of any court within the State of Delaware in connection with any matter based upon or arising out of this Agreement of the matters contemplated herein, agrees that process may be served upon the Stockholder in any manner authorized by the laws of the State of Delaware for such persons and waives any covenants not to assert or plead any objection which the Stockholder might otherwise have to such jurisdiction, venue and such process. (g) Entire Agreement. This Agreement contains the entire understanding of the parties in respect of the subject matter hereof, and supersedes all prior negotiations and understandings between the parties with respect to such subject matter. (h) Effect of Headings. The section headings are for convenience only and shall not affect the construction or interpretation of this Agreement. 4 (i) Counterparts. This Agreement may be executed by facsimile and in several counterparts, each of which shall be an original, but all of which together shall constitute one and the same agreement. [Signature Page to Follow] 5 IN WITNESS WHEREOF, each of the Buyer and the Stockholder have caused this Agreement to be duly executed and delivered as of the date first written above. FIDELITY NATIONAL INFORMATION SOLUTIONS, INC. ---------------------------------- Name: Title: STOCKHOLDER ---------------------------------- Name: Title: Address: ---------------------------------- ---------------------------------- ---------------------------------- Telephone: Facsimile No.: [SIGNATURE PAGE TO TENDER AGREEMENT] 6 EX-99.(D)(2) 5 a81617toexv99wxdyx2y.txt EXHIBIT 99.(D)(2) EXHIBIT (d)(2) AGREEMENT REGARDING OUTSTANDING OPTIONS AND WARRANTS THIS AGREEMENT REGARDING OUTSTANDING OPTIONS AND WARRANTS (this "Agreement") is made and entered into as of April 29, 2002, by and between Micro General Corporation, a Delaware corporation (the "Company"), and the individual or entity listed on the signature page hereto (the "Optionee"). Recitals WHEREAS, the Optionee is, as of the date hereof, the beneficial owner of options or warrants (either, "Options") to purchase common shares, par value $0.05 per share ("Company Common Shares"), of the Company; WHEREAS, Fidelity National Information Solutions, Inc., a Delaware corporation (the "Buyer") intends to commence an exchange offer (the "Offer") to acquire all of the outstanding Company Common Shares in exchange for shares of Buyer common stock, 0.001 par value ("Buyer Common Shares") and subsequent to the closing of the Offer to consummate a post-closing reorganization to be accomplished upon the terms and subject to the conditions to be set forth in a Registration Statement on Form S-4 to be filed by the Buyer with the Securities and Exchange Commission; WHEREAS, in the Offer the Buyer will offer 0.696 shares of Buyer Common Stock for each full Common Share (the "Exchange Ratio"); WHEREAS, the Board of Directors of the Company has voted to recommend the Offer to the Company's stockholders and to otherwise support the Offer; WHEREAS, the Optionee desires to increase the exercise price of the Options beneficially owned by it in order to align its interests in the success of the Buyer with that of the other stockholders in the Buyer following the closing of the Offer and the subsequent reorganization; WHEREAS, as a condition to the willingness of the Company to recommend in favor of the Offer to its stockholders, the Optionee has agreed (solely in his, her or its capacity as an optionee or warrantholder of the Company) to enter into this Agreement; NOW, THEREFORE, in consideration of the recommendation in favor of the Offer by the Company and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. Agreement 1. Certain Definitions. For purposes of this Agreement: "Exercise Price" means the purchase price per Company Common Share payable upon exercise of an Option. "Termination Date" shall mean the earliest to occur of (i) the breach by the Company of the covenant contained in Section 4 below or (ii) the announcement by the Buyer of the valid termination of the Offer. "Transfer" The Optionee shall be deemed to have effected a Transfer of Options if the Optionee directly or indirectly (i) sells, pledges, encumbers, grants an option with respect to, transfers or otherwise disposes of such Options or any interest therein, or (ii) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, grant of an option with respect to, transfer of or disposition of such Options or any interest therein. 2. Representations and Warranties of the Optionee. The Optionee hereby represents, warrants and covenants to the Company that the Optionee (i) received its Options pursuant to the grants, agreements, warrants or other arrangements listed on Schedule A attached hereto (the "Option Agreements"); (ii) is the beneficial owner of such Options, free and clear of any pledges, options, rights of first refusal, co-sale rights, attachments or other encumbrances; (iii) has full power and authority to make, enter into and carry out the terms of this Agreement; and (iv) the execution, delivery and performance of this Agreement by the Optionee and the consummation of the transactions contemplated hereby, will not (x) require the consent, waiver, approval, or authorization of any governmental authority or any other person or entity; or (y) violate, conflict with, result in a breach of or the acceleration of any obligation under, or constitute a default (or an event which with notice or the lapse of time or both would become a default) under, or give to others any right of termination, amendment, acceleration or cancellation of, or result in the creation of a lien or other encumbrance on any property or asset of the Optionee pursuant to any provision of any indenture, mortgage, lien, lease, agreement, contract, instrument, order, judgment, ordinance, regulation or decree to which the Optionee is subject or by which the Optionee or any of the Optionee's property or assets is bound. 3. Modification of Terms. The Company and the Optionee hereby agree to amend each Option Agreement to provide that (i) the Exercise Price of each Option beneficially owned by Optionee shall be increased by Two and 26/100ths Dollars ($2.26); and (ii) notwithstanding any provision to the contrary contained in any Option Agreement neither the Offer nor the subsequent reorganization shall cause the accelerated vesting of any such Option. 4. Options in Buyer. The Company covenants that as a result of the Offer and the subsequent reorganization of the Company, the Options shall be converted into options (each, a "Buyer Option") to acquire, on the same terms and conditions as are currently applicable under such Option, that number of Buyer Common Shares determined by multiplying the number of Company Common Shares subject to such Option by the Exchange Ratio, with any fractional shares of Buyer Common Shares resulting from such calculation being rounded down to the nearest whole share, at a price per share (rounded up to the nearest whole cent) equal to (x) the aggregate exercise price for the Company Common Shares covered by such Option (as adjusted pursuant to this Agreement) divided by (y) the number of full Buyer Common Shares covered by such Buyer Option in accordance with the foregoing. 5. Transferee of Options to be Bound by this Agreement. The Optionee hereby agrees that, at all times during the period from the date of this Agreement until the Termination Date, the Optionee shall not cause or permit any Transfer of any of the Options to be effected, or discuss, negotiate or make any offer regarding any Transfer of any of the Options, unless each person to 2 which any such Options, or any interest therein, is or may be Transferred shall have (i) executed a counterpart of this Agreement; and (ii) agreed in writing to hold such Options, or such interest therein, subject to all of the terms and conditions set forth in this Agreement. 6. Certain Events. In the event of any stock split, stock dividend, merger, reorganization, recapitalization or other change in the capital structure of the Company affecting the Options or other securities or rights of the Company by any Optionee, the number of Options shall be adjusted appropriately, and this Agreement and the rights and obligations hereunder shall attach to any additional Options or other securities or rights of the Company issued to or acquired by the Optionee. 7. Further Assurances. The Optionee hereby covenants and agrees to, upon the request of the Buyer, execute and deliver any additional documents and take such further actions as may be deemed by the Buyer to be necessary or desirable to carry out the provisions of this Agreement. 8. Termination. Except as otherwise provided in this Agreement, this Agreement, and all rights and obligations of the parties hereunder, shall terminate and have no further force or effect immediately upon the Termination Date; provided, however, that Sections 9 and 10 shall survive any termination of this Agreement. 9. Expenses. All fees and expenses incurred by any one party hereto shall be borne by the party incurring such fees and expenses; provided, however, that if the Company institutes any action against the Optionee to enforce the terms of this Agreement, the Optionee shall pay reasonable costs and expenses, including, without limitation, reasonable attorneys' fees and costs, incurred by the Company in connection with such action, provided that the Company is successful in its action against the Optionee. 10. Miscellaneous. (a) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, then the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. (b) Binding Effect and Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but, except as otherwise specifically provided herein, neither this Agreement nor any of the rights, interests or obligations of the parties hereto may be assigned by either of the parties without prior written consent of the other. (c) Amendments and Modification. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto. (d) Specific Performance; Injunctive Relief. The parties hereto acknowledge that the Buyer shall be irreparably harmed and that there shall be no adequate remedy at law for a violation of any of the covenants or agreements of Optionee set forth herein. Therefore, it is agreed that, in addition to any other remedies that may be available to the Buyer upon any such violation, 3 the Buyer shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to the Buyer at law or in equity. (e) Third Party Beneficiary. Buyer shall have the rights of a third party beneficiary of this Agreement. (f) Notices. All notices and other communications pursuant to this Agreement shall be in writing and deemed to be sufficient if contained in a written instrument and shall be deemed given if delivered personally, telecopied, sent by nationally-recognized overnight courier or mailed by registered or certified mail (return receipt requested), postage prepaid, to the parties at the following address (or at such other address for a party as shall be specified by like notice): If to the Company: Micro General Corporation 2510 N. Red Hill Avenue, Suite 230 Santa Ana, CA 92705 Attention: General Counsel Facsimile: (949) 477-6819 With a copy to: Fidelity National Information Solutions, Inc. 4050 Calle Real Santa Barbara, California 93110 Attention: General Counsel Facsimile: (949) 477-6819 If to the Optionee: To the address for notice set forth on the signature page hereof. (g) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the conflicts of law principles thereof. The Optionee hereby irrevocably consents to the exclusive jurisdiction and venue of any court within the State of Delaware in connection with any matter based upon or arising out of this Agreement of the matters contemplated herein, agrees that process may be served upon the Optionee in any manner authorized by the laws of the State of Delaware for such persons and waives any covenants not to assert or plead any objection which the Optionee might otherwise have to such jurisdiction, venue and such process. (h) Entire Agreement. This Agreement contains the entire understanding of the parties in respect of the subject matter hereof, and supersedes all prior negotiations and understandings between the parties with respect to such subject matter. (i) Effect of Headings. The section headings are for convenience only and shall not affect the construction or interpretation of this Agreement. (j) Counterparts. This Agreement may be executed by facsimile and in several counterparts, each of which shall be an original, but all of which together shall constitute one and the same agreement. [Signature Page to Follow] 4 IN WITNESS WHEREOF, each of the Buyer and the Optionee have caused this Agreement to be duly executed and delivered as of the date first written above. MICRO GENERAL CORPORATION ---------------------------------- Name: Title: OPTIONEE ---------------------------------- Name: Title: Address: ----------------------------------- ----------------------------------- ----------------------------------- Telephone: Facsimile No.: [SIGNATURE PAGE TO AGREEMENT REGARDING OUTSTANDING OPTIONS AND WARRANTS] 5 Schedule A Option Agreements
Title of Option Agreement Date of Option Agreement No. of Options Issued - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTAL OPTIONS AND WARRANTS: ---------------------
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