QUICK INTEGRATION CHECKLIST

Objectives

  1. Understand the Company Goals and Priorities
  2. Are there any plans for reductions in force?
  3. Timing Expectations
  4. Hurdles to timing
  5. Effective Communication

Compliance and Litigation

  1. Ensure new employees are trained on company policies and procedures
  2. Update compliance programs as needed
  3. Who will handle existing litigation and claims, calendar deadlines
  4. Notify parties of new notice provisions and contact information

Employees

  1. Do employment agreements exist? How will the agreements be handled?
  2. Ensure employees have new policies, procedures
  3. Draft communication to existing and new employees
  4. If employees are transferring, execute any new agreements
  5. Remove and re-appoint officers and directors
  6. Revise bank signing approvals and other signatory documents

Insurance

  1. Add new facilities, equipment to insurance policies
  2. Revise D&O policy and contractual indemnities
  3. Send out new certificates of insurance

Information Technology

  1. Work with key IT members to create integration plan and timeline
  2. Ensure acquired business can transfer to IT platform
  3. Switch to Company’s email platform

Intellectual Property

  1. Transfer any IP rights to Company
  2. Licensing agreements if necessary
  3. Any new trademarks needed?

Real Estate

  1. Consents
  2. Closing or opening any facilities
  3. Relocations

Infrastructure Component Questions to Consider

Organizational structure

 How will we migrate different management structures into a single management team?

 What are the short- and long-term impacts of these changes?

Workforce

 How do we determine the impact of employee selectionand retention?

 How do we combine two workforces that potentially may come fromdifferent corporate cultures?

 How do we communicate transparently with all our workers, eventhose whose jobs may change or be eliminated because ofthe deal?

Businessprocesses

 What are the critical processes at our company and thetarget company?

 Which processes will be used in the combined company?

Systems

 What systems will be redundant once the two companies arecombined?

 How do we decide which company’s systems to adopt for the futurecompany?

Datamanagement

 How do we consistently migrate systems and data, and understandthe requirements for key systems throughout the integration and forthe go-forward company?

Policies

 How do we identify key governance and operating policies requiredfor the integration and for the go-forward company?

Contractmanagement

 How do we understand contractual obligations?

 How do we leverage favorable terms?

Legal entitystructure

 Do we need to change the legal structure of the go-forwardcompany?

 What are the impacts on accounting, taxation, operations, sales,manufacturing, and support functions?

Customers andvendors

 How can we align our sales forces and customerassurance programs?

 What message do we need to communicate with our customersand vendors?

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