QAD INC

expiry = 2003-04-21...urchase for Cash Up to 2,600,000 Shares of its Common Stock At a Purchase Price Not in Excess of $5.25 Per Share Nor Less than $4.75 Per Share THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, APRIL 21, 2003, UNLESS THE TENDER OFFER IS EXTENDED. QAD Inc., a Delaware corporation, is offering to purchase up to 2,600,000 shares of its common stock, par value $.001 per share, at prices specified by you that are not in excess of $5.25 per share nor...

mechanism = DUTCH...discussion. Who is offering to purchase my shares? QAD Inc. is offering to purchase your shares of QAD common stock, par value $.001 per share. What will the purchase price for the shares be? We are conducting the offer through a procedure commonly called a "Modified Dutch Auction". This procedure allows you to select the price within a price range specified by us at which you are willing to sell your shares. The price range for the offer is $4.75 per share to $5.25 per share. We will determine the purchase price that we will pay per share as promptly as practicable after the tender offer expires. The purchase pri...

threshold = 100...nts to avoid purchases of fractional shares. Odd Lots. For purposes of the tender offer, the term "odd lots" shall mean all shares properly tendered prior to the expiration date and not properly withdrawn by any person, referred to as an "odd lot holder", who owns beneficially or of record an aggregate of fewer than 100 shares and so certifies in the appropriate place on the related Letter of Transmittal and, if applicable, on the Notice of Guaranteed Delivery. To qualify for this preference, an odd lot holder must tender all shares owned beneficially or of record by the odd lot holder in accordance with the procedures described in Section 3. As set forth abov...

txn_type = TENDER_OFFEREX-99.(A)(1)(I) 3 a2106181zex-99_a1i.htm EXHIBIT 99(A)(1)(I) QuickLinks -- Click here to rapidly navigate through this document Ex (a)(1)(i) Offer to Purchase for Cash Up to 2,600,000 Shares of its Common Stock At a Purchase Price Not in Excess of $5.25 Per Share Nor Less than $4.75 Per Share THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, APRIL 21, 2003, UNLESS THE TENDER OFFER IS EXTENDED. QAD Inc., a Delaware corporation, is...

txn_type = TENDER_OFFER...the filing is a final amendment reporting the results of the tender offer: o SCHEDULE TO This Amendment No. 1 (this "Amendment No. 1") to Issuer Tender Offer Statement on Schedule TO is filed by QAD Inc., a Delaware corporation ("QAD"), in connection with its offer to purchase 2,600,000 shares of its common stock, $.001 par value per share, or such lesser number of shares as is properly tendered and not properly withdrawn, at a price specified by QAD that is not greater than $5.25 nor less than $4.75 per share, net to the seller in cash, without interest, at which QAD stockholders have indicated they are willi...