Document:

Exhibit 10.1(c)

 

SECOND AMENDMENT TO AGREEMENT AND PLAN OF MERGER

 

This Second Amendment (this “Amendment”), dated
as of May 30, 2007, is to the Agreement and Plan of Merger, dated May 2, 2007,
among Varietal Distribution Holdings, LLC, a Delaware limited liability company
(“Parent”), Varietal Distribution Merger Sub, Inc., a Delaware
corporation (“MergerCo”), and CDRV Investors, Inc., a Delaware
corporation (the “Company”) (as amended by the First Amendment thereto
dated May 7, 2007 and as otherwise amended or modified from time to time, the “Merger
Agreement”). Capitalized terms used but not otherwise defined herein shall
have the respective meanings ascribed to such terms in the Merger Agreement.

 

WHEREAS, the parties hereto desire to amend the Merger Agreement
pursuant to Section 9.7 thereof as provided herein.

 

NOW, THEREFORE, in consideration of the foregoing, the
parties hereto, intending to be legally bound, hereby agree as follows:

 

1.             Amendment
of Merger Agreement.

 

(a)         Section 1.6(a) of the Merger Agreement
is hereby amended by deleting such section in its entirety and replacing such
section with the following new Section 1.6(a):

 

“(a)         The
certificate of incorporation of MergerCo as in effect immediately prior to the
Effective Time shall be the certificate of incorporation of the Surviving
Corporation (except that the name of the Surviving Corporation shall be “VWR
Funding, Inc.”) until thereafter duly amended in accordance with the terms
thereof and the DGCL.”

 

(b)        Section 5.1(a) of the Merger
Agreement is hereby amended by deleting clause (ii) thereof in its entirety and
replacing such clause (ii) with the following new clause (ii):

 

“(ii) the approvals from the national
competition authorities set forth in item 5 of Schedule 2.3(b) of the
Disclosure Letter relating to the Merger shall have been obtained or the
relevant waiting period under the competition laws of the jurisdictions set
forth in such item 5 shall have expired with respect to the Merger, as the case
may be, and”.

 

(c)         Schedule 2.3(b) of the
Disclosure Letter is hereby amended by deleting item 5 set forth thereon in its
entirety and replacing such item 5 with a new item 5 as follows:

 

“5.           Approvals
from the following national competition authorities are required with respect
to the Merger or the relevant waiting period is required to have expired with
respect to the Merger:

 

a) the Bundeskartellamt of the Federal Republic of
Germany;

 

b) the Servicio de Defensa de la Competencia of the
Kingdom of Spain;

 

c) the Competition Authority of the Republic of
Ireland;

 

1

 

d) the Bundeswettbewerbsbehörde of Austria and, if
required, the Kartellgericht of Austria; and

 

e) the Konkurransetilsynet (Competition Authority) of
Norway.”

 

(d)        Section 8.1 of the Merger
Agreement is hereby amended by deleting the definition given therein for the
term “Transaction Expenses” in its entirety and replacing such definition with
the following text:

 

“Transaction Expenses” means (i) the
fees and expenses of Goldman, Banc of America and Citigroup Global Markets Inc.
(other than fees and expenses arising from any of their participation in the
Debt Financing) and (ii) the fees and expenses of Debevoise &
Plimpton LLP, in each case, incurred by the Company in connection with the
Merger.

 

(e)         The Merger Agreement is hereby amended
by adding new Sections 9.16 and 9.17 immediately following Section
9.15 thereof with the following text:

 

“9.16       Tender
Offer. Notwithstanding anything to the contrary contained herein or in the
Confidentiality Agreement, Parent and/or its Subsidiaries may commence one or
more offers to purchase, and related consent solicitations with respect to
(each such offer and related consent solicitation, a “Debt Offer”), the
outstanding Senior Floating Rate Notes, Senior Discount Rate Notes, Senior
Notes, and/or Senior Subordinated Notes. Notwithstanding anything to the
contrary contained herein, with respect to any such Debt Offer, notes that have
not been tendered in accordance with such Debt Offer shall not be deemed to be
outstanding for purposes of determining the Closing Debt Repayment Amount and
the obligations to be repaid, satisfied or discharged pursuant to Section
1.3(c)(i), provided that this sentence shall not apply to such Debt
Offer unless Parent and/or its Subsidiaries have obtained in such Debt Offer
the requisite consent to amend the indenture pursuant to which such notes were
issued (assuming for this purpose that any customary conditions to the
effectiveness of such consent would be satisfied) to eliminate certain of the
covenants therein as contemplated by the draft of the Offer to Purchase and
Consent Solicitation Statement provided by Parent to the Company on May 30,
2007 (such amendments, the “Indenture Amendments”). The requisite legal
opinions under the applicable indentures in connection with the Indenture
Amendments will be delivered solely by internal counsel to the Company and/or
its Subsidiaries or by counsel to Parent, MergerCo and/or their Subsidiaries.

 

9.17         Management
Rollover. Notwithstanding anything to the contrary contained herein, the
amount of the Equity Consideration to be paid by Parent and MergerCo in respect
of the Merger pursuant to Section 1.2, the amount of the Equity
Consideration to be delivered by MergerCo to the Company pursuant to the first
sentence in Section 1.3(c) and the amount of the Equity Consideration to
be paid by the Surviving Corporation to the Paying Agent pursuant to Section
1.3(c)(iii) shall each be reduced by an amount equal to product of (a) the
aggregate number of shares of Company Stock held by Parent or MergerCo
immediately prior to the Effective Time (collectively, the “Rollover Shares”)
and (b) the Per Share Merger Consideration. For purposes of determining the Per
Share Merger Consideration under this Agreement, the reduction in the amount of
the Equity Consideration provided for in the preceding sentence shall be deemed
not to have occurred and the Rollover Shares shall be

 

2

 

deemed to be issued and outstanding and shall be
included in the calculation of the Fully Diluted Number. The Rollover Shares
shall be cancelled at the Effective Time as provided in Section 1.4(b).”

 

2.             Consent.
Pursuant to Section 4.9(a) of the Merger Agreement, the Company hereby
consents to the modification of the Debt Commitment Letters contemplated by the
Assignment Letter, dated on or about the date hereof, from Deutsche Bank Trust
Company Americas and Deutsche Bank Securities Inc. to Bank of America, N.A.,
Banc of America Bridge LLC, Banc of America Securities LLC, Goldman Sachs
Credit Partners L.P., JPMorgan Chase Bank, N.A., and JPMorgan Securities Inc.
provided by Parent to the Company on the date hereof. From and after the date
hereof, the term “Debt Commitment Letters” in the Merger Agreement shall
refer to the Debt Commitment Letters as modified by such Assignment Letter.

 

3.             Full
Force and Effect. Except as specifically amended by this Amendment, the
Merger Agreement shall remain in full force and effect and is hereby ratified
and confirmed. This Amendment shall be construed as one with the Merger
Agreement, and the Merger Agreement shall, where the context requires, be read
and construed so as to incorporate this Amendment.

 

4.             General
Provisions. Sections 9.4 through 9.15 of the Merger Agreement are hereby
incorporated into and will apply to this Amendment.

 

[Remainder of page intentionally left blank]

 

3

 

IN
WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date
first written above.

 

 

	
   

  	
  VARIETAL
  DISTRIBUTION HOLDINGS, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  VARIETAL
  DISTRIBUTION MERGER SUB, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  CDRV
  INVESTORS, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:Exhibit 10.2

 

EXECUTION COPY

 

MANAGEMENT
SERVICES AGREEMENT

 

THIS MANAGEMENT SERVICES AGREEMENT
(this “Agreement”), effective as of June 29, 2007, is made by and
between VWR Funding, Inc., a Delaware corporation (the “Company”), and
Madison Dearborn Partners V-B, L.P., a Delaware limited partnership (the “Advisor”).

 

WHEREAS, on the terms and subject to the conditions
contained in this Agreement, the Company desires to obtain certain management
and consulting services from the Advisor and the Advisor desires to perform
such services for the Company.

 

NOW, THEREFORE, in consideration of the premises and
the respective mutual agreements, covenants, representations and warranties
contained in this Agreement, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:

 

1.             Appointment
of Advisor.  The Company appoints the
Advisor and the Advisor accepts appointment on the terms and conditions
provided in this Agreement as an advisor to the Company and its subsidiaries
and its direct and indirect parent companies (collectively, the “VWR Group”),
including any other corporations or other entities hereafter formed or acquired
by any member of the VWR Group to engage in any business. The parties expressly
acknowledge that the Advisor is an affiliate of Madison Dearborn Capital
Partners V-A, L.P., a Delaware limited partnership (“MDCP V-A”), Madison
Dearborn Capital Partners V-C, L.P., a Delaware limited partnership (“MDCP
V-C”), and Madison Dearborn Capital Partners V Executive-A, L.P., a
Delaware limited partnership (“MDCP Executive” and, together with MDCP
V-A and MDCP V-C, the “Sponsors”), and that the Sponsors are
equityholders in the Company’s ultimate parent company, Varietal Distribution
Holdings, LLC, a Delaware limited liability company (“Holdings”). Additionally,
the parties expressly acknowledge that principals of the Sponsors currently
serve as members of the Board of Directors of the Company (the “Board”)
and/or members of the board of directors (or board of managers, as applicable)
of the other companies in the VWR Group. It is understood that the Advisor’s
rights and obligations hereunder shall be independent of the relationship
between the Company and the Sponsors and the respective boards of directors (or
managers, as applicable) of the Company and the other members of the VWR Group,
and that, in performing its services hereunder, the Advisor is not acting in
the capacity of an equityholder of Holdings or any of its subsidiaries or a
member of the board of directors (or managers, as applicable) of the Company or
any other member of the VWR Group.

 

2.             Board
of Directors Supervision.  The
activities of the Advisor to be performed under this Agreement shall be subject
to the supervision of the Board and subject to reasonable policies not
inconsistent with the terms of this Agreement adopted by the Board and in
effect from time to time. Where not required by applicable law or regulation,
the Advisor shall not require the prior approval of the Board to perform its
duties under this Agreement. Notwithstanding the foregoing, the Advisor shall
not have the authority to bind the Company or any other member of the VWR
Group, and nothing contained herein shall be construed to create an agency
relationship between the Company or any other member of the VWR Group and the
Advisor.

 

 

3.             Services
of Advisor.  Subject to any
limitations imposed by applicable law or regulation, the Advisor shall render
or cause to be rendered management, consulting and financial services to the
Company and the other members of the VWR Group as requested from time to time
by the Board and agreed to by the Advisor, which services may include advice
and assistance concerning any and all aspects of the operations, planning and
financing of the Company and the other members of the VWR Group and conducting
relations on behalf of the Company or the other members of the VWR Group with
accountants, attorneys, financial advisors and other professionals. The Advisor
shall provide and devote to the performance of this Agreement such employees,
affiliates and agents of the Advisor as the Advisor shall deem appropriate to
the furnishing of the services hereunder. In addition, the Advisor shall, as
requested by the Board and agreed to by the Advisor, render advice and
expertise in connection with any acquisitions or dispositions undertaken by the
Company or the other members of the VWR Group.

 

4.             Reimbursement
of Expenses; Independent Contractor.  All obligations or expenses incurred by the
Advisor in the performance of its duties under this Agreement shall be for the
account of, on behalf of, and at the expense of the Company, and all such
expenses shall be promptly reimbursed by the Company. The Advisor shall not be
obligated to make any advance to or for the account of the Company or any other
member of the VWR Group or to pay any sums, except out of funds held in
accounts maintained by the Company or any other member of the VWR Group, nor
shall the Advisor be obligated to incur any liability or obligation for the
account of the Company or any other member of the VWR Group. The Company shall
reimburse the Advisor by wire transfer of immediately available funds for any
amount paid by the Advisor, which shall be in addition to any other amount
payable to the Advisor under this Agreement. The Advisor shall be an
independent contractor, and nothing in this Agreement shall be deemed or
construed to (i) create a partnership or joint venture between the Company
or any other member of the VWR Group and the Advisor, (ii) cause the
Advisor to be responsible in any way for the debts, liabilities or obligations
of the Company or any other party, or (iii) cause the Advisor or any of
its employees to be officers, employees or agents of the Company or any other
member of the VWR Group.

 

5.             Other
Activities of Advisor; Investment Opportunities.  The Company acknowledges and agrees that
neither the Advisor nor any of the Advisor’s employees, officers, directors,
affiliates or associates (collectively, the “Advisor Group”) shall be
required to devote full time and business efforts to the duties of the Advisor
specified in this Agreement, but instead shall devote only so much of such time
and efforts as the Advisor reasonably deems necessary. The Company further
acknowledges and agrees that members of the Advisor Group are engaged in the
business of investing in, acquiring and/or managing businesses for their own
account, for the account of their affiliates and associates and for the account
of other unaffiliated parties, and understands that the Advisor plans to
continue to be engaged in such business (and other business or investment
activities) during the term of this Agreement. The Advisor makes no
representations or warranties, express or implied, in respect of the services
to be provided by the Advisor Group. Except as the Advisor may otherwise agree
in writing after the date hereof: (a) each member of the Advisor Group shall
have the right to, and shall have no duty (contractual or otherwise) not to,
directly or indirectly (i) engage in the same or similar business activities or
lines of business as the members of the VWR Group or (ii) do business with any
client or customer of the members of the VWR Group; (b) no member of the
Advisor Group shall be

 

2

 

liable to any member of the VWR Group for breach of
any duty (contractual or otherwise) by reason of any such activities or of such
member’s participation therein; and (c) in the event that any member of the
Advisor Group acquires knowledge of a potential transaction or matter that may
be a corporate opportunity for any member of the VWR Group, on the one hand,
and such member of the Advisor Group, on the other hand, or any other person or
entity, no member of the Advisor Group shall have any duty (contractual or
otherwise) to communicate or present such corporate opportunity to the Company
or any other member of the VWR Group, and, notwithstanding any provision of
this Agreement to the contrary, no member of the Advisor Group shall be liable
to any member of the VWR Group for breach of any duty (contractual or
otherwise) by reason of the fact that any member of the Advisor Group directly
or indirectly pursues or acquires such opportunity for itself, directs such
opportunity to another person or entity, or does not present such opportunity
to any member of the VWR Group. In no event will any member of the Advisor
Group be liable to any member of the VWR Group for any indirect, special,
incidental or consequential damages, including lost profits or savings, whether
or not such damages are foreseeable, or in respect of any liabilities relating
to any third party claims (whether based in contract, tort or otherwise) other
than for claims relating to the services which may be provided by the Advisor
hereunder (subject to Section 8 hereof).

 

6.             Compensation
of Advisor.

 

(a)           In
consideration of the management, consulting and financial services to be
rendered, the Company will pay to the Advisor in cash an annual base management
and consulting fee equal to $2 million (the “Consulting Fee”), payable
in advance in equal quarterly installments on the 1st day of each
calendar quarter in each year. The first quarterly installment is due and
payable on July 2, 2007. The payment by the Company of the Consulting Fee
hereunder is subject to the applicable restrictions contained in the Company’s
and its subsidiaries’ debt financing agreements. If any such restrictions
prohibit the payment of any installment of the Consulting Fee, such Consulting
Fee installment shall accrue and the Company shall make such installment
payment as soon as it is permitted to do so under such restrictions, plus pay
interest thereon from the due date of such installment before giving effect to
such restriction to the date of payment at an interest rate of 10% per annum. If
the Company or other members of the VWR Group acquire or enter into any
additional business operations after the date of this Agreement (each, an “Additional
Business”), the Board (in accordance with Section 6.6 of Holdings’
Limited Liability Company Agreement)  and
the Advisor will, prior to the acquisition or prior to entering into the
business operations, in good faith, determine whether and to what extent the
Consulting Fee should be increased as a result thereof. Any increase will be
evidenced by a written supplement to this Agreement signed by the Company and
the Advisor.

 

(b)           Additionally,
affiliates of the Sponsors have entered into that certain Agreement and Plan of
Merger (as amended, the “Merger Agreement”), dated as of May 2, 2007, by
and among Holdings, Varietal Distribution Merger Sub, Inc., a Delaware
corporation and subsidiary of Holdings (“Merger Sub”), and the Company,
pursuant to which, on the date hereof, Merger Sub has or will merge with and
into the Company with the Company continuing as the surviving corporation (the “Merger
Transaction”). For services performed by Advisor in connection with the
arrangement of the debt financing with respect to the Merger Transaction and
related transactions, the Company hereby agrees to pay, effective upon the
closing of the Merger Transaction, to Advisor, a transaction fee in cash in the
amount of $35.625 million.

 

3

 

(c)           At
the time of any equity financing for Holdings, the Company or any of their
respective subsidiaries prior to a Public Offering (as defined in Holdings’
Limited Liability Company Agreement) that occurs after the date hereof and that
is provided by the Sponsors or their affiliates, the Company shall pay to the
Advisor in cash a placement fee equal to two and one-half percent (2.5%) of the
gross amount of such equity financing provided by the Sponsors or their
affiliates.

 

(d)           Any
payment pursuant to this Section 6 shall be made in cash by wire
transfer(s) of immediately available funds to or among one or more accounts as
designated from time to time by the Advisor to the Company in writing. If any
individual payment to the Advisor pursuant to this Section 6 would be
less than $10,000, then such payment shall be held by the Company until the
first to occur of (i) such time as the aggregate of such payments equals or
exceeds $10,000, and (ii) the effective date of the termination of this
Agreement, at which time such held amount shall be paid in full.

 

7.             Term.
 This Agreement shall commence effective
as of the date hereof and shall remain in effect until the date on which none
of the Sponsors nor any of their respective affiliates hold directly or
indirectly any equity securities of Holdings or its successors. In addition,
the Advisor may terminate this Agreement at any time upon written notice to the
Company, such termination to be effective upon the Company’s receipt of such
written notice. No termination of this Agreement, whether pursuant to this Section
7 or otherwise, shall affect the Company’s obligations with respect to the
fees, costs and expenses incurred by the Advisor in rendering services
hereunder and not reimbursed by the Company as of the effective date of such
termination.

 

8.             Liability.
 No member of the Advisor Group
(including any person or entity acting for or on behalf of the Advisor) shall
be liable for any mistakes of fact, errors of judgment, or losses sustained by
the Company or any other members of the VWR Group or for any acts or omissions
of any kind (including acts or omissions of the Advisor), except to the extent
caused by intentional misconduct of the Advisor as finally determined by a
court of competent jurisdiction. The provisions of this Section 8 shall
survive the termination of this Agreement and remain binding and in effect.

 

9.             Indemnification
of Advisor.  The Company and the
other members of the VWR Group hereby agree to jointly and severally indemnify
and hold harmless the Advisor and its present and future officers, directors,
affiliates, employees and agents (“Indemnified Parties”) from and
against all losses, claims, liabilities, suits, costs, damages and expenses
(including attorneys’ fees) arising from their performance of services
hereunder. The Company and the other members of the VWR Group further agree to
reimburse the Indemnified Parties on a monthly basis for any cost of defending
any action or investigation (including attorneys’ fees and expenses), subject
to an undertaking from such Indemnified Party to repay the Company if such
party is determined not to be entitled to such indemnity. The provisions of
this Section 9 shall survive the termination of this Agreement and
remain binding and in effect.

 

10.           Assignment.
 Without the consent of the Advisor, the
Company shall not assign, transfer or convey any of its rights, duties or
interest under this Agreement, nor shall it delegate any of the obligations or
duties required to be kept or performed by it hereunder. The Advisor

 

4

 

shall not assign, transfer or convey any of its
rights, duties or interest under this Agreement, nor shall it delegate any of
the obligations or duties required to be kept or performed by it under this
Agreement, except that the Advisor may transfer its rights and delegate its
obligations hereunder to one of its affiliates.

 

11.           Notices.
 All notices, demands, or other
communications to be given or delivered under or by reason of the provisions of
this Agreement shall be in writing and shall be deemed to have been given or
made when (i) delivered personally to the recipient, (ii) telecopied to the
recipient (with hard copy sent to the recipient by reputable overnight courier
service (charges prepaid) that same day) if telecopied before 5:00 p.m.
Chicago, Illinois time on a business day, and otherwise on the next business
day, (iii) one business day after being sent to the recipient by reputable
overnight courier service (charges prepaid) or (iv) received via electronic
mail by the recipient (with hard copy sent to the recipient by reputable
overnight courier service (charges prepaid) that same day) if received via
electronic mail before 5:00 p.m. Chicago, Illinois time on a business day, and
otherwise on the next business day after such receipt. Such notices, demands,
and other communications shall be sent to the address for such recipient
indicated below:

 

	
  If to the Company:

  	
   

  	
  VWR Funding, Inc.

  1310 Goshen Parkway

  PO Box 2656

  West Chester, Pennsylvania 19380

  Facsimile: (610) 701-9896

  Telephone: (610) 719-7072

  Electronic mail: George_VanKula@vwr.com

  Attention: George Van Kula, Esq.

  
	
   

  	
   

  	
   

  
	
  If to the Advisor:

  	
   

  	
  Madison Dearborn Partners V-B, L.P.

  Three First National Plaza

  38th Floor

  Chicago, Illinois 60602

  Facsimile: (312) 895-1056

  Telephone: (312) 895-1000

  Electronic mail: mtresnowski@MDCP.com

  Attention: General Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  with copies to (which shall not constitute notice):

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Kirkland & Ellis LLP

  200 East Randolph Drive

  Chicago, IL 60601

  Facsimile: (312) 861-2200

  Telephone: (312) 861-2000

  
	
   

  	
   

  	
  Electronic mail:

  	
  sperl@kirkland.com;

  
	
   

  	
   

  	
   

  	
  mfennell@kirkland.com

  
	
   

  	
   

  	
  Attention:

  	
   Sanford E. Perl, P.C.

  
	
   

  	
   

  	
   

  	
  Mark A. Fennell

  
					

 

5

 

or to
such other address or to the attention of such other person as the recipient
party has specified by prior written notice to the sending party.

 

12.           Severability.
 Whenever possible, each provision of
this Agreement will be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be
invalid, illegal, or unenforceable in any respect under any applicable law or
rule in any jurisdiction, such invalidity, illegality, or unenforceability will
not affect any other provision or the effectiveness or validity of any
provision in any other jurisdiction, and this Agreement will be reformed,
construed, and enforced in such jurisdiction as if such invalid, illegal, or
unenforceable provision had never been contained herein.

 

13.           No
Waiver.  The failure by any party to
exercise any right, remedy or elections herein contained or permitted by law
shall not constitute or be construed as a waiver or relinquishment for the
future exercise of such right, remedy or election, but the same shall continue
and remain in full force and effect. All rights and remedies that any party may
have at law, in equity or otherwise upon breach of any term or condition of
this Agreement, shall be distinct, separate and cumulative rights and remedies
and no one of them, whether exercised or not, shall be deemed to be in exclusion
of any other right or remedy.

 

14.           Amendment.
 The provisions of this Agreement may be
amended or modified only with the prior written consent of the Company and the
Advisor.

 

15.           Entire
Agreement.  This Agreement contains
the entire agreement between the parties hereto with respect to the matters
herein contained and any agreement hereafter made shall be ineffective to
effect any change or modification, in whole or in party, unless such agreement
is in writing and signed by the party against whom enforcement of the change or
modification is sought.

 

16.           Applicable
Law.  This Agreement shall be
governed by, and construed in accordance with, the laws of the State of
Illinois, without giving effect to any choice of law or conflict of law rules
or provisions (whether of the State of Illinois or any other jurisdiction) that
would cause the application of the laws of any jurisdiction other than the
State of Illinois.

 

17.           MUTUAL
WAIVER OF JURY TRIAL.  BECAUSE
DISPUTES ARISING IN CONNECTION WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY AND
ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH
APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE
PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH
APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF
THE JUDICIAL SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT (INCLUDING
THE COMPANY) HEREBY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR
PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF THE PARTIES
HERETO, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF,
CONNECTED WITH, RELATED OR INCIDENTAL

 

6

 

TO THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED
HEREBY AND/OR THE RELATIONSHIPS ESTABLISHED AMONG THE PARTIES HEREUNDER.

 

18.           Successors.
 This Agreement and all the obligations
and benefits hereunder shall inure to the successors and permitted assigns of
the parties.

 

19.           Counterparts.
 This Agreement may be executed in
multiple counterparts with the same effect as if all signing parties had signed
the same document. All counterparts shall be construed together and constitute
the same instrument.

 

20.           Confidentiality.
 The Company may not disclose the terms
of this Agreement except as may be required by applicable law or the rules of
any exchange on which the Company or its affiliates’ securities are traded.

 

*            *            *            *

 

7

 

IN WITNESS WHEREOF, the parties hereto have caused
this Management Services Agreement to be executed and delivered as of the date
first above written.

 

	
   

  	
  VWR
  FUNDING, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  MADISON
  DEARBORN PARTNERS V-B,

  L.P.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: Madison Dearborn
  Partners, LLC

  
	
   

  	
  Its:General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

[Signature Page to Management
Services Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]