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