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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Apogent Technologies Inc.; Fisher Scientific International Inc.; Fleet National Bank; Lehman Brothers Inc.; Goldman, Sachs & Co.; Foley & Lardner LLP; Skadden, Arps, Slate, Meagher & Flom LLP

Date:

2004

Size:

Preview shows 9KB of 325KB total

Price:

$69

ID:

#381984

 

 

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                          AGREEMENT AND PLAN OF MERGER


BY AND AMONG

FISHER SCIENTIFIC INTERNATIONAL INC.,

FOX MERGER CORPORATION

AND

APOGENT TECHNOLOGIES INC.

DATED AS OF MARCH 17, 2004
{PAGE}
AGREEMENT AND PLAN OF MERGER

TABLE OF CONTENTS

{TABLE}
{S} {C}
ARTICLE I THE MERGER..................................................................... 2

SECTION 1.1 The Merger............................................................... 2
SECTION 1.2 Closing.................................................................. 2
SECTION 1.3 Effective Time........................................................... 2
SECTION 1.4 Effects of the Merger.................................................... 2
SECTION 1.5 Organizational Documents of the Surviving Corporation.................... 2
SECTION 1.6 Directors and Officers of the Surviving Corporation...................... 3
SECTION 1.7 Alternative Structure.................................................... 3

ARTICLE II EFFECTS OF THE MERGER; EXCHANGE OF CERTIFICATES............................... 3

SECTION 2.1 Effect on Capital Stock................................................. 3
SECTION 2.2 Exchange of Shares and Certificates...................................... 5

ARTICLE III REPRESENTATIONS AND WARRANTIES.............................................. 8

SECTION 3.1 Representations and Warranties of Apogent................................ 8
(a) Organization, Standing and Corporate Power;
Charter Documents; Subsidiaries......... 8
(b) Capital Structure.................................................. 9
(c) Authority; Board Approval; Voting Requirements; No Conflict;
Required Filings and Consents 11
(d) SEC Documents; Financial Statements............................... 14
(e) Information Supplied.............................................. 15
(f) Absence of Certain Changes or Events.............................. 16
(g) Compliance with Applicable Laws; Permits; Litigation.............. 16
(h) Labor and Other Employment Matters................................ 18
(i) Benefit Plans..................................................... 19
(j) Taxes............................................................. 22
(k) Interested Party Transactions..................................... 25
(l) Environmental Matters............................................. 25
(m) Intellectual Property............................................. 25
(n) State Takeover Statutes........................................... 26
(o) Brokers .......................................................... 27
(p) Opinion of Financial Advisor...................................... 27
(q) Material Contracts................................................ 27
(r) Real Property..................................................... 30
(s) Apogent Rights Agreement.......................................... 30
SECTION 3.2 Representations and Warranties of Fisher and Merger Sub................. 30
(a) Organization, Standing and Corporate Power; Charter
Documents; Subsidiaries........ 31
(b) Capital Structure................................................. 32
{/TABLE}


i
{PAGE}
{TABLE}
{S} {C}
(c) Authority; Board Approval; Voting Requirements; No Conflict;
Required Filings and Consents 34
(d) SEC Documents; Financial Statements............................... 36
(e) Information Supplied.............................................. 38
(f) Absence of Certain Changes or Events.............................. 39
(g) Compliance with Applicable Laws; Permits; Litigation.............. 39
(h) Labor and Other Employment Matters................................ 41
(i) Benefit Plans..................................................... 42
(j) Taxes............................................................. 44
(k) Interested Party Transactions..................................... 46
(l) Environmental Matters............................................. 46
(m) Intellectual Property............................................. 47
(n) State Takeover Statutes........................................... 48
(o) Brokers .......................................................... 48
(p) Opinion of Financial Advisor...................................... 48
(q) Material Contracts................................................ 48
(r) Real Property..................................................... 51
(s) Merger Sub Approval............................................... 52

ARTICLE IV COVENANTS RELATING TO CONDUCT OF BUSINESS.................................... 52

SECTION 4.1 Conduct of Business..................................................... 52
SECTION 4.2 No Solicitation......................................................... 59

ARTICLE V ADDITIONAL AGREEMENTS......................................................... 62

SECTION 5.1 Preparation of SEC Documents; Shareholders' Meetings.................... 62
SECTION 5.2 Accountant's Letters.................................................... 64
SECTION 5.3 Access to Information; Confidentiality.................................. 64
SECTION 5.4 Reasonable Efforts...................................................... 65
SECTION 5.5 Indemnification and Insurance........................................... 67
SECTION 5.6 Fees and Expenses....................................................... 68
SECTION 5.7 Public Announcements.................................................... 68
SECTION 5.8 Listing................................................................. 68
SECTION 5.9 Tax-Free Reorganization Treatment....................................... 68
SECTION 5.10 Conveyance Taxes........................................................ 68
SECTION 5.11 Equity Awards and Employee Benefits..................................... 69
SECTION 5.12 Fisher Corporate Governance............................................. 70
SECTION 5.13 Affiliate Legends....................................................... 71
SECTION 5.14 Notification of Certain Matters......................................... 71
SECTION 5.15 Section 16 Matters...................................................... 71
SECTION 5.16 Rights Plans; State Takeover Laws....................................... 72
SECTION 5.17 Reservation of Fisher Common Stock...................................... 72

ARTICLE VI CONDITIONS PRECEDENT......................................................... 72

SECTION 6.1 Conditions to Each Party's Obligation to Effect the Merger.............. 72

 

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