IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
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` C.A. No. 7169-VCN
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` C.A. No. 7175-VCN
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`CHARLES C. OSBORNE, JR. and
`HORTENSIA D. OSBORNE, Individually and
`On Behalf of All Others Similarly Situated,
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`Plaintiffs,
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`v.
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`INHIBITEX, INC., M. JAMES BARRETT,
`RUSSELL M. MEDFORD, A. KEITH
`WILLARD, GABRIELE M. CERRONE,
`RUSSELL H. PLUMB, MICHAEL A. HENOS,
`MARC L. PREMINGER, CHRISTOPHER
`MCGUIGAN, INTA ACQUISITION
`CORPORATION, and BRISTOL-MYERS
`SQUIBB COMPANY,
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`Defendants.
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`JOHN P. HEGARTY, Individually and On
`Behalf of All Others Similarly Situated,
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`Plaintiff,
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`v.
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`INHIBITEX, INC., MICHAEL A. HENOS, M.
`JAMES BARRETT, GABRIELE M.
`CERRONE, CHRIS MCGUIGAN, RUSSELL
`M. MEDFORD, RUSSELL H. PLUMB,
`MARC L. PREMINGER, A. KEITH
`WILLARD, INTA ACQUISITION
`CORPORATION, and BRISTOL-MYERS
`SQUIBB COMPANY,
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`Defendants.
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`[Additional Caption Follows]
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`EFiled: Jan 20 2012 6:35PM EST
`Transaction ID 42052343
`Case No. Multi-case
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` C.A. No. 7169-VCN
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` C.A. No. 7175-VCN
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`CHARLES C. OSBORNE, JR. and
`HORTENSIA D. OSBORNE, Individually and
`On Behalf of All Others Similarly Situated,
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`Plaintiffs,
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`
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`v.
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`INHIBITEX, INC., M. JAMES BARRETT,
`RUSSELL M. MEDFORD, A. KEITH
`WILLARD, GABRIELE M. CERRONE,
`RUSSELL H. PLUMB, MICHAEL A. HENOS,
`MARC L. PREMINGER, CHRISTOPHER
`MCGUIGAN, INTA ACQUISITION
`CORPORATION, and BRISTOL-MYERS
`SQUIBB COMPANY,
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`Defendants.
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`JOHN P. HEGARTY, Individually and On
`Behalf of All Others Similarly Situated,
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`
`Plaintiff,
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`v.
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`INHIBITEX, INC., MICHAEL A. HENOS, M.
`JAMES BARRETT, GABRIELE M.
`CERRONE, CHRIS MCGUIGAN, RUSSELL
`M. MEDFORD, RUSSELL H. PLUMB,
`MARC L. PREMINGER, A. KEITH
`WILLARD, INTA ACQUISITION
`CORPORATION, and BRISTOL-MYERS
`SQUIBB COMPANY,
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`Defendants.
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`[Additional Caption Follows]
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`EFiled: Jan 20 2012 6:35PM EST
`Transaction ID 42052343
`Case No. Multi-case
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`FERNANDO GALO, Individually and On
`Behalf of All Others Similarly Situated,
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`Plaintiff,
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`INHIBITEX, INC., MICHAEL A. HENOS, M.
`JAMES BARRETT, GABRIELE M.
`CERRONE, CHRIS MCGUIGAN, RUSSELL
`M. MEDFORD, RUSSELL H. PLUMB,
`MARC L. PREMINGER, A. KEITH
`WILLARD, INTA ACQUISITION
`CORPORATION, and BRISTOL-MYERS
`SQUIBB COMPANY,
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`v.
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`Defendants.
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` C.A. No. 7178-VCN
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`STIPULATED AND [PROPOSED] SCHEDULING ORDER REGARDING
`EXPEDITED PROCEEDINGS
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`WHEREAS, on January 20, 2012, plaintiffs Charles C. Osborne, Jr., Hortensia D.
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`Osborne, and John P. Hegarty moved for the entry of an order expediting certain proceedings in
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`Osborne v. Inhibitex, Inc., C.A. No. 7169-VCN and Hegarty v. Inhibitex, Inc., C.A. No. 7175-
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`VCN;
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`WHEREAS, on January 20, 2012, plaintiffs moved for the entry of an order enjoining
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`preliminarily defendants from taking any action to consummate the transaction in which
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`Inhibitex, Inc. (“Inhibitex” or the “Company”) will be acquired by Bristol-Myers Squibb
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`Company and its wholly-owned subsidiary, Inta Acquisition Corporation (collectively, “BMS”),
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`in a cash transaction by means of an all-cash tender offer (the “Tender Offer”) and second-step
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`merger with a net transaction value of up to approximately $2.5 billion (the “Proposed
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`Transaction”);
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`2
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`WHEREAS, the parties have discussed and come to an agreement regarding the schedule
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`for expedited proceedings and the presentation of the Preliminary Injunction Motion on the terms
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`set forth herein;
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`IT IS HEREBY STIPULATED AND AGREED, by and among the parties, through their
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`undersigned counsel, subject to the approval of the Court, that the following schedule shall
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`govern the presentation of the Preliminary Injunction Motion:
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`1.
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`Defendants will undertake good faith efforts to commence their production of
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`documents, which will be conducted on a rolling basis. Defendants shall undertake good faith
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`efforts to complete such production, subject to their objections, no later than January 25, 2012, at
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`5:00 p.m. (EST).
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`2.
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`Depositions shall commence on or after January 26, 2012, and parties shall use
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`their best efforts to complete the depositions on or before January 30, 2012. The parties shall
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`work together in good faith on the scheduling of depositions. Notwithstanding any other
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`provision of this Order, any party may depose any person whose affidavit is to be offered at the
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`Preliminary Injunction hearing at any time (including after any otherwise applicable close of
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`discovery) on short notice and in a manner designed to make the deponent’s testimony available
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`for use at the Preliminary Injunction hearing (including through the use of draft or “rush”
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`deposition transcripts).
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`3.
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`The briefing schedule with respect to the Preliminary Injunction Motion is as
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`follows:
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`(a)
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`Plaintiffs shall file and serve their Opening Brief and supporting papers
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`by no later than January 31, 2012, at 5:00 p.m. (EST);
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`(b)
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`Defendants shall file and serve their Answering Brief(s) and supporting
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`papers by no later than February 2, 2012, at 5:00 p.m. (EST); and
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`3
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`(c)
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`Plaintiffs shall file and serve their Reply Brief and supporting papers by
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`no later than February 3, 2012, at 5:00 p.m. (EST).
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`4.
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`A hearing on the Preliminary Injunction Motion shall commence on February 6,
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`2012, at 10:00 a.m. (EST), in Dover, Delaware.
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`5.
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`With the exception of the deadlines set forth in paragraphs 3(c) and 4 herein, the
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`parties may modify the schedule as set forth herein by agreement, provided, however, that they
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`must promptly notify the Court of any such changes.
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`RIGRODSKY & LONG, P.A.
`
`/s/ Brian D. Long
`Seth D. Rigrodsky (#3147)
`Brian D. Long (#4347)
`Gina M. Serra (#5387)
`919 N. Market Street, Suite 980
`Wilmington, DE 19801
`(302) 295-5310
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`Attorneys for Plaintiffs Charles C. Osborne, Jr.,
`Hortensia D. Osborne, John P. Hegarty and
`Fernando Galo
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`January 20, 2012
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`OF COUNSEL:
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`HARWOOD FEFFER LLP
`Robert I. Harwood
`488 Madison Avenue
`New York, NY 10022
`(212) 935-7400
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`THE WEISER LAW FIRM, P.C.
`Patricia C. Weiser
`Henry J. Young
`James M. Ficaro
`121 North Wayne Avenue, Suite 100
`Wayne, PA 19087
`(610) 225-2677
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`4
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`January 20, 2012
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`OF COUNSEL:
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`KIRKLAND & ELLIS LLP
`Yosef J. Riemer
`601 Lexington Avenue
`New York, NY 10022
`(212) 446-4800
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`January 20, 2012
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`OF COUNSEL:
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`DECHERT LLP
`David A. Kotler
`902 Carnegie Center, Suite 500
`Princeton, NJ 08540-6531
`(609) 955-3226
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`/s/ Gregory P. Williams
`RICHARDS, LAYTON & FINGER, P.A.
`Gregory P. Williams (#2168)
`One Rodney Square
`920 North King Street
`Wilmington, DE 19801
`(302) 651-7700
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`Attorneys for Defendants Bristol-Myers Squibb
`Company and Inta Acquisition Corporation
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`
`YOUNG CONAWAY STARGATT
` & TAYLOR, LLP
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`/s/ Martin S. Lessner
`Bruce L. Silverstein (# 2495)
`Martin S. Lessner (# 3109)
`Kathaleen St. J. McCormick (# 4579)
`Emily V. Burton (# 5142)
`P.O. Box 391
`Rodney Square
`1000 North King Street
`Wilmington, DE 19801
`(302) 571-6600
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`Attorneys for Defendants Inhibitex, Inc., M. James
`Barrett, Russell M. Medford, A. Keith Willard,
`Gabriele M. Cerrone, Russell H. Plumb, Michael A.
`Henos, Marc L. Preminger, and Christopher
`Mcguigan
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`IT IS SO ORDERED this _____ day of January, 2012.
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` ___________________________________
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`
` Vice Chancellor
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`5
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