Exhibit 1.2
EXECUTION COPY
PRICING AGREEMENT
March 11, 2008
J.P.
Morgan Securities Inc.
Banc of America Securities LLC
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
Greenwich Capital Markets, Inc.
As
Representatives of the
several Underwriters named
in Schedule I hereto
c/o J.P.
Morgan Securities Inc.
270 Park Avenue
New York, New York 10017
Banc of
America Securities LLC
9 West 57 th Street
New York, New York 10019
Deutsche
Bank Securities Inc.
60 Wall Street
New York, New York 10005
Goldman,
Sachs & Co.
85 Broad Street
New York, New York 10004
Greenwich Capital Markets, Inc.
600 Steamboat Road
Greenwich, Connecticut 06830
Ladies
and Gentlemen:
Dover
Corporation, a Delaware corporation (the “Company”),
proposes, subject to the terms and conditions stated herein and in
the Underwriting Agreement, dated March 11, 2008 (the
“Underwriting Agreement”), to issue and sell to the
Underwriters named in Schedule I hereto (the
“Underwriters”) the Securities specified in
Schedule II hereto (the “Designated
Securities”).
Each of
the provisions of the Underwriting Agreement is incorporated herein
by reference in its entirety, and shall be deemed to be a part of
this Agreement to the same extent as if such provisions had been
set forth in full herein; and each of the representations and
warranties set forth therein shall be deemed to have been made at
and as of the date of this Pricing
Agreement, except that each representation and warranty which
refers to the Pricing Prospectus, the Pricing Disclosure Package
and the Prospectus in Section 2 of the Underwriting Agreement
shall be deemed to be a representation or warranty as of the date
of the Underwriting Agreement in relation to the Pricing
Prospectus, the Pricing Disclosure Package and the Prospectus, and
also a representation and warranty as of the date of this Pricing
Agreement in relation to the Pricing Prospectus, the Pricing
Disclosure Package and the Prospectus relating to the Designated
Securities which are the subject of this Pricing Agreement.
Each
reference to the Representatives herein and in the provisions of
the Underwriting Agreement so incorporated by reference shall be
deemed to refer to you. The Representatives designated to act on
behalf of each of the Underwriters of the Designated Securities
pursuant to Section 13 of the Underwriting Agreement and the
address of the Representatives referred to in such Section 13
are set forth at the end of Schedule II hereto.
Each of
the Underwriters agrees that it will not offer or sell any of the
Designated Securities in any jurisdiction outside the United States
except in circumstances that will result in compliance in all
material respects with the applicable laws thereof.
The
Prospectus relating to the Designated Securities, in the form
heretofore delivered to you, is now proposed to be filed with the
Commission.
Unless
otherwise defined herein, terms defined in the Underwriting
Agreement are used herein as therein defined.
Subject
to the terms and conditions set forth herein and in the
Underwriting Agreement incorporated herein by reference, the
Company agrees to issue and sell to each of the Underwriters, and
each of the Underwriters agrees, severally and not jointly, to
purchase from the Company, at the time and place and at the
purchase price to the Underwriters set forth in Schedule II
hereto, the principal amount of Designated Securities set forth
opposite the name of such Underwriter in Schedule I
hereto.
2
If the
foregoing is in accordance with your understanding, please sign and
return to us counterparts hereof for the Company and each of the
Representatives plus one counterpart for each counsel, and upon
acceptance hereof by you, on behalf of each of the Underwriters,
this letter and such acceptance hereof, including the provisions of
the Underwriting Agreement incorporated herein by reference, shall
constitute a binding agreement between each of the Underwriters and
the Company. It is understood that your acceptance of this letter
on behalf of each of the Underwriters is or will be pursuant to the
authority set forth in a form of Agreement among Underwriters, the
form of which shall be submitted to the Company for examination
upon request, but without representation or warranty on the part of
the Representatives as to the authority of the signers
thereof.
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Very truly yours,
DOVER CORPORATION
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By: |
/s/ Robert G. Kuhbach |
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Name: |
Robert G. Kuhbach |
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Title: |
Vice President, Finance and
Chief Financial Officer |
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| Accepted as of the date
hereof: |
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| J.P. MORGAN SECURITIES
INC. |
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| By: |
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/s/ Robert Bottamedi |
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Name: |
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Robert Bottamedi |
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Title: |
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Vice President |
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| BANC OF AMERICA
SECURITIES LLC |
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| By: |
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/s/ Peter J. Carbone |
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Name: |
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Peter J. Carbone |
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Title: |
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Vice President |
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| DEUTSCHE BANK SECURITIES
INC. |
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| By: |
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/s/ Ritu Ketkar |
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Name: |
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Ritu Ketkar |
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Title: |
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Director |
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| By: |
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/s/ Scott Flieger |
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Name: |
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Scott Flieger |
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Title: |
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Managing Director |
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| GOLDMAN, SACHS &
CO. |
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| /s/ Goldman, Sach &
Co. |
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| (Goldman, Sachs &
Co.) |
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| GREENWICH CAPITAL
MARKETS, INC. |
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| By: |
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/s/ Moshe Tomkiewicz |
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Name: |
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Moshe Tomkiewicz |
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Title: |
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Managing Director |
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On
behalf of the several Underwriters
4
SCHEDULE I
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Principal |
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Principal |
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Amount of |
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Amount of |
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5.45% Notes |
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6.60% Notes |
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due 2018 to |
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due 2038 to |
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Underwriters |
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be Purchased |
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be Purchased |
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J.P. Morgan
Securities Inc.
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$ |
87,500,000 |
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$ |
62,500,000 |
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Banc of America
Securities LLC
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87,500,000 |
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12,500,000 |
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Deutsche Bank
Securities Inc.
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87,500,000 |
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12,500,000 |
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Goldman, Sachs
& Co.
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17,500,000 |
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62,500,000 |
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Greenwich Capital
Markets, Inc.
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17,500,000 |
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62,500,000 |
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Citigr
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