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Stock Purchase Agreement - Dionex Corp, LC Packings Nederland B.V., LC Packings (U.S.A.) Inc.

STOCK PURCHASE AGREEMENT
AMONG:
DIONEX CORPORATION,
LC PACKINGS NEDERLAND B.V.,
LC PACKINGS (U.S.A.), INC.,
THE SHAREHOLDERS OF LC PACKINGS NEDERLAND B.V.
AND
THE SHAREHOLDERS OF LC PACKINGS (U.S.A.), INC.
________________________________
Dated as of October 17, 2000
________________________________


1.  DESCRIPTION OF TRANSACTION                          1
1.1   Sale and Purchase of Shares                       1
1.2   Effectiveness of the Sale and Assignment          1
1.3   Deliveries                                        2
1.4   Governing Documents                               2
1.5   Initial Purchase Price                            2
1.6   Additional Purchase Price                         3
1.7   Further Action                                    6
2.  REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDERS  6
2.1   Due Organization; Subsidiaries; Etc.              6
2.2   Charter Documents; Records                        7
2.3   Capitalization, Etc.                              8
2.4   Financial Statements                              8
2.5   Absence of Changes                                9
2.6   Title to Assets                                  10
2.7   Bank Accounts; Receivables; Customers            11
2.8   Equipment; Leasehold                             12
2.9   Proprietary Assets                               12
2.10  Contracts                                        14
2.11  Liabilities                                      15
2.12  Compliance with Legal Requirements               16
2.13  Governmental Authorizations                      16
2.14  Tax and Social Security Filings                  16
2.15  Employee and Labor Matters; Benefit Plans        17
2.16  Environmental Matters                            18
2.17  Sale of Products; Performance of Services        19
2.18  Insurance                                        20
2.19  Related Party Transactions                       20
2.20  Legal Proceedings; Orders                        21
2.21  Authority; Binding Nature of Agreement           21
2.22  Non-Contravention; Consents                      22
2.23  No Brokers                                       23
2.24  Elimination of Certain Pension Liabilities       23
2.25  Payments to Shareholders                         23
2.26  General Release                                  24
2.27  Full Disclosure                                  24
3.  REPRESENTATIONS AND WARRANTIES OF PURCHASER        24
3.1   Authority; Binding Nature of Agreement           24
3.2   Legal Proceedings                                24
3.3   Non-Contravention; Consents                      24
3.4   No Brokers                                       25
3.5   Full Disclosure                                  25
4.  INDEMNIFICATION, ETC.                              25
4.1   Survival of Representations, Etc.                25
4.2   Indemnification; Setoff                          26
4.3   Procedure for Claims                             27
4.4   Threshold; Ceiling                               28
4.5   No Contribution                                  28
4.6   Defense of Third Party Claims                    28
5.  TAX AND OTHER INDEMNIFICATION                      30
5.1   General                                          30
5.2   Limitation Period                                30
5.3   Notice of Audits; Cooperation                    30
5.4   Payments                                         30
6.  PROPRIETARY INFORMATION, NONCOMPETITION AND
    OTHER COVENANTS                                    31
6.1   Acknowledgements                                 31
6.2   No Use of Confidential Information               32
6.3   Covenants Not to Compete                         32
6.4   Rights and Remedies                              34
6.5   Other Covenants                                  34
7.  MISCELLANEOUS PROVISIONS                           34
7.1   Shareholders' Agent                              34
7.2   Further Assurances                               35
7.3   Fees and Expenses                                35
7.4   Recovery of Litigation Costs                     35
7.5   Notices                                          35
7.6   Confidentiality                                  37
7.7   Headings                                         37
7.8   Governing Law; Venue                             37
7.9   Successors and Assigns                           38
7.10  Waiver                                           38
7.11  Amendments                                       39
7.12  Severability                                     39
7.13  Parties in Interest                              39
7.14  Entire Agreement                                 39
7.15  Construction                                     39
7.16  Remedies Cumulative; Specific Performance        40
7.17  Counterparts                                     40


EXHIBITS
Exhibit A
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