TABLE OF CONTENTS
| Page | ||||
| SUMMARY TERM SHEET |
i | |||
| INTRODUCTION |
1 | |||
| THE TENDER OFFER |
5 | |||
| 1. Terms of the Offer |
5 | |||
| 2. Acceptance for Payment and Payment for Shares |
7 | |||
| 3. Procedures for Tendering Shares |
8 | |||
| 4. Withdrawal Rights |
11 | |||
| 5. Certain United States Federal Income Tax Consequences of the Offer and the Merger |
10 | |||
| 6. Price Range of Shares; Dividends |
13 | |||
| 7. Certain Effects of the Offer and the Merger |
14 | |||
| 8. Certain Information Concerning Zix |
14 | |||
| 9. Certain Information Concerning Purchaser and OpenText |
16 | |||
| 10. Background of the Offer; Contacts with Zix |
17 | |||
| 11. Purpose of the Offer and Plans for Zix; The Merger Agreement and Other Agreements |
20 | |||
| 12. Source and Amount of Funds |
45 | |||
| 13. Conditions to the Offer |
45 | |||
| 14. Dividends and Distributions |
46 | |||
| 15. Certain Legal Matters |
46 | |||
| 16. Fees and Expenses |
50 | |||
| 17. Miscellaneous |
50 | |||
| SCHEDULE A |
A-1 | |||