SUPPLEMENTAL INDENTURE FISHER SCIENTIFIC INTERNATIONAL INC. Floating Rate Convertible Senior Debentures due 2033 FIRST SUPPLEMENTAL INDENTURE DATED AS OF NOVEMBER 9, 2006 The Bank of New York Trust Company, N.A., as Trustee

EX-4.5 8 y27121exv4w5.htm EX-4.5: FIRST SUPPLEMENTAL INDENTURE EX-4.5
 

EXHIBIT 4.5
SUPPLEMENTAL INDENTURE
 
FISHER SCIENTIFIC INTERNATIONAL INC.
Floating Rate Convertible Senior Debentures due 2033
 
FIRST SUPPLEMENTAL INDENTURE
DATED AS OF NOVEMBER 9, 2006
 
The Bank of New York Trust Company, N.A., as Trustee
 

 


 

     FIRST SUPPLEMENTAL INDENTURE, dated as of November 9, 2006, between Fisher Scientific International Inc., a Delaware corporation (the “Company”), Thermo Fisher Scientific Inc. (formerly known as Thermo Electron Corporation, “Thermo”) and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”).
     WHEREAS, the Company and the Trustee are parties to an Indenture, dated as of August 3, 2004 (the “Indenture”), pursuant to which the Company issued its Floating Rate Convertible Senior Debentures due 2033 (the “Notes”);
     WHEREAS, on May 8, 2006, Thermo and the Company announced that they and Trumpet Merger Corporation, a Delaware corporation and a wholly owned subsidiary of Thermo (“Merger Sub”), had entered into an Agreement and Plan of Merger, dated as of May 7, 2006, pursuant to which Merger Sub would merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Thermo (the “Merger”);
     WHEREAS, in connection with the Merger, Thermo desires to fully, unconditionally and irrevocably assume, jointly and severally with the Company, the obligation to pay the principal of and any premium and interest on the Notes on the dates and in the manner provided for in the Notes and the Indenture;
     WHEREAS, Section 7.1 of the Indenture provides that the Company when authorized by a board resolution, and the Trustee, at any time and from time to time, may amend the Indenture and the Notes to add or modify any other provisions herein with respect to matters or questions arising hereunder which the Company and the Trustee may deem necessary or desirable and which will not adversely affect the interests of the Holders of the Notes;
     WHEREAS, Section 12.4 of the Indenture provides that upon certain events including a merger of the Company, the Company shall execute with the Trustee a supplemental indenture providing that the Notes shall be convertible into the kind and amount of shares of stock which a Holder would have been entitled to receive upon such merger had the Notes been converted into the common stock of the Company immediately prior to such merger;
     WHEREAS, the execution and delivery of this instrument have been duly authorized and all conditions and requirements necessary to make this instrument a valid and binding agreement have been duly performed and complied with; and
     WHEREAS, this First Supplemental Indenture is being executed simultaneously with the closing of the Merger.
     NOW, THEREFORE, for and in consideration of the premises and other good and valuable consideration, receipt and sufficiency of which are hereby acknowledged, it is mutually covenanted and agreed, for the equal proportionate benefit of all Holders of the Notes, as follows:
ARTICLE 1. CO-OBLIGATION
     Section 1.01. Thermo hereby fully, unconditionally and irrevocably assumes and agrees to perform and discharge, jointly and severally with the Company, the obligation to pay the principal of and any premium and interest on the Notes on the dates and in the manner provided for in the Notes and the Indenture. The obligations of Thermo hereunder are primary and not merely those of a surety. Thermo hereby waives diligence, presentment, demand of payment, any right to require a proceeding first against the Company, protest or notice and all demands whatsoever with respect to the Notes or the indebtedness evidenced thereby.
     Section 1.02. The agreements of Thermo herein shall be valid and obligatory with respect to any Note that heretofore or hereinafter has been authenticated and delivered under the Indenture.
ARTICLE 2. EFFECT OF MERGER
     Section 2.01. In accordance with Section 12.4 of the Indenture, upon the surrender for conversion of any of the Notes, the Holder thereof shall receive, in lieu of the common stock of the Company, the amount of common

 


 

stock of Thermo that such Holder would have been entitled to receive upon the Merger had the Notes been converted into the common stock of the Company immediately prior to the Merger, subject to adjustment as nearly equivalent as may be practicable to the adjustments provided for in Article 12 of the Indenture.
ARTICLE 3. MISCELLANEOUS
     Section 3.01. On the date hereof, the Indenture shall be supplemented and amended in accordance herewith, and this First Supplemental Indenture shall form a part of the Indenture for all purposes, and the Holder of every security heretofore or hereafter authenticated and delivered under the Indenture shall be bound thereby. The Trustee accepts the trusts created by the Indenture, as amended and supplemented by this First Supplemental Indenture, and agrees to perform the same upon the terms and conditions of the Indenture, as amended and supplemented by this First Supplemental Indenture.
     Section 3.02. All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Indenture.
     Section 3.03. This First Supplemental Indenture shall become effective as of the date hereof at such time as executed counterparts of this First Supplemental Indenture have been delivered by each party hereto to the other party hereto.
     Section 3.04. All provisions of this First Supplemental Indenture shall be deemed to be incorporated in, and made a part of, the Indenture; and the Indenture, as amended and supplemented by this First Supplemental Indenture, shall be read, taken and construed as one and the same instrument and all provisions in the Indenture and the Notes shall remain in full force and effect.
     Section 3.05. In case any provisions in this First Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
     Section 3.06. The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this First Supplemental Indenture.
     Section 3.07. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company and Thermo.
     Section 3.08. In entering into this First Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture and the Notes relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.
     Section 3.09. All covenants and agreements in this First Supplemental Indenture by the Company, Thermo and the Trustee shall be binding upon and accrue to the benefit of their respective successors. Nothing in this First Supplemental Indenture express or implied, shall give to any Person, other than the parties hereto and their successors under the Indenture and the Holders of the Notes, any benefit or any legal or equitable right, remedy or claim under the Indenture.
     Section 3.10. This First Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York but without giving effect to applicable principles of conflicts of law to the extent that the application of the laws of another jurisdiction would be required thereby.

 


 

     IN WITNESS WHEREOF, the parties have caused this First Supplemental Indenture to be duly executed as of the date first written above.
         
    THERMO FISHER SCIENTIFIC INC.
 
       
 
  By:   /s/ Kenneth J. Apicerno
 
       
 
      Name: Kenneth J. Apicerno
 
      Title: Treasurer
 
       
    FISHER SCIENTIFIC INTERNATIONAL INC.
 
       
 
  By:   /s/ Michael Dambach
 
       
 
      Name: Michael Dambach
 
      Title: Treasurer
 
       
    THE BANK OF NEW YORK TRUST COMPANY, N.A.
 
       
 
  By:   /s/ Peter M. Murphy
 
       
 
      Name: Peter M. Murphy
 
      Title: Vice President