CONFIDENTIALITY AGREEMENTConfidentiality Agreement |
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Exhibit 4.1
CONFIDENTIALITY AGREEMENT
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March 3, 2004 |
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Michael Bresson
General Counsel
Apogent Technologies Inc.
30 Penhallow Street
Portsmouth, NH 03801
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Re: |
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Confidentiality
Agreement |
Dear Mr. Bresson:
In
connection with Fisher Scientific International Inc.’s
(“Fisher”) and Apogent Technologies Inc.’s
(“Apogent”) consideration of a possible transaction (a
“Transaction”) between Fisher and Apogent, Fisher will make
available to Apogent and its Representatives (as defined below) certain
information concerning the business, financial condition, operations, assets,
plans, prospects and liabilities of Fisher and Apogent will make available to
Fisher and its Representatives certain information concerning the business,
financial condition, operations, assets, plans, prospects and liabilities of
Apogent. All such information (whether written or oral) of any kind furnished
in connection with the Transaction (whether before or after the date hereof) by
either party or its affiliates or its or such affiliates’ respective
directors, officers, employees, representatives (including, without limitation,
financial advisors, attorneys and accountants) or agents (collectively, with
respect to either party, its “Representatives”) to the other party
or such other party’s Representatives and all analyses, notes, studies,
interpretations, compilations, forecasts, studies or other documents prepared
by either party or its respective Representatives in connection with the review
of, or interest in, a Transaction which contain or reflect any such information
is referred to as the “Information.” The term Information will not,
however, include information which (i) is or becomes publicly available
other than as a result of a disclosure by either party or its respective
Representatives in violation of this letter agreement or (ii) is or
becomes available to either party on a nonconfidential basis from a source
which, to the best of such party’s knowledge, is not prohibited from disclosing
such information to such party by a legal, contractual or fiduciary obligation
to the other party.
In
furtherance of the foregoing and as a condition to the provision of any
Information by either party, each of Fisher and Apogent hereby acknowledges and
agrees as follows:
It
and its Representatives (i) will keep the Information confidential in
accordance with the terms of this letter agreement and will not (except as
required by applicable law, regulation or legal process, and only after
compliance with paragraph 3 below), without the other party’s prior
written consent, disclose any Information in any manner whatsoever and
(ii) will not use any Information other than in connection with the
evaluation of a Transaction; provided, however, that it may disclose the
Information to its Representatives (a) who need to know the Information
for the purpose of evaluating a Transaction, (b) who are informed by it of
the
confidential nature of the Information and
(c) who agree to act in accordance with the terms of this letter
agreement. It will cause its Representatives to observe the terms of this
letter agreement, and it will be responsible for any breach of this letter
agreement by any of its Representatives.
Neither
it nor its Representatives will (except as required by applicable law,
regulation or legal process, and only after compliance with paragraph 3 below),
without the prior written consent of the other party, disclose to any person
the fact that the Information exists or has been made available, that a
Transaction is under consideration, or that discussions or negotiations are
taking or have taken place concerning a Transaction or any term, condition or
other fact relating to a Transaction or such discussions or negotiations,
including, without limitation, the status thereof.
In
the event that it or any of its Representatives are requested pursuant to, or
required by, applicable law, regulation or legal process to disclose any of the
Information or any other matter covered by this letter agreement, it will
notify the other party promptly so that such other party may seek a protective
order or other appropriate remedy, or, in its sole discretion, waive compliance
with the terms of this letter agreement. In the event that no such protective
order or other remedy is obtained, or, that the other party does not waive
compliance with the terms of this letter agreement, it will furnish only that
portion of the Information or other information covered by paragraph 2 which it
is advised by its counsel is legally required.
If
a party determines not to proceed with a Transaction, it will promptly inform
the other party of that decision and, in that case, and at any time upon the
request of such other party, it will either (i) promptly destroy all
copies of the Information in written or other recorded form in its or its
Representatives’ possession and confirm such destruction to such other
party in writing or (ii) promptly deliver to such other party at its own
expense all copies of the Information in its or its Representatives’
possession. Any Information will continue to be subject to the terms of this
letter agreement.
Neither
Fisher or Apogent, as applicable, nor its Representatives, nor any of its or
their respective officers, directors, employees, agents or controlling persons
within the meaning of Section 20 of the Securities Exchange Act of 1934,
as amended, makes any express or implied representation or warranty as to the
accuracy or completeness of the Information, and it agrees that no such person
will have any liability relating to the Information or for any errors therein
or omissions therefrom. Each party further agrees that it is not entitled to
rely on the accuracy or completeness of the Information and that it will be
entitled to rely solely on such representations and warranties as may be
included in any definitive agreement with respect to a Transaction, subject to
such limitations and restrictions as may be contained therein. The
investigation and evaluation of Information by each party and its
Representatives is entirely at its own expense and risk. Further, neither party
is under any duty or obligation to provide the other party or its
Representatives with access to any information.
For
a period of two (2) years from the date of this letter agreement, neither
it nor any of its controlled affiliates will, directly or indirectly, solicit
for employment or hire any employee of the other party or any of its controlled
affiliates (other than clerical or other support staff) with whom it or its
Representatives have had contact or who became known to it or its
Representatives in connection with its consideration of a Transaction. It is
understood and agreed that a general advertisement placed by either party or
its agents not directed toward any employee or group of employees described in
the preceding sentence and any hiring resulting therefrom shall not constitute
a solicitation or hiring prohibited by this paragraph.






