Document:

Exhibit
4.6

 

SUPPLEMENTAL INDENTURE, dated as of April 7, 2004
(this “Supplemental Indenture”), among VWR International, Inc., a
Pennsylvania corporation (the “Company”), and Wells Fargo Bank, National
Association, as Trustee under the Indenture referred to below.

 

W I T N E S S E T H:

 

WHEREAS, CDRV Acquisition Corporation, a Delaware
corporation (the “Predecessor Company”), and the Trustee have heretofore
become parties to an Indenture, dated as of April 7, 2004 (as amended,
supplemented, waived or otherwise modified, the “Indenture”), providing
for the issuance of 6 7/8% Senior Notes due 2012 of the Company (the “Notes”);

 

WHEREAS, the Company is the successor by merger to the
Predecessor Company and Section 501 of the Indenture contemplates that the Company
will execute and deliver to the Trustee a supplemental indenture pursuant to
which the Company shall expressly assume all the obligations of the Company
under the Notes and this Indenture;

 

WHEREAS, the Company desires to enter into such
supplemental indenture for good and valuable consideration; and

 

WHEREAS, pursuant to Section 901 of the Indenture, the
parties hereto are authorized to execute and deliver this Supplemental
Indenture to amend the Indenture, without the consent of any Holder;

 

NOW, THEREFORE, in consideration of the foregoing and
for other good and valuable consideration, the receipt of which is hereby
acknowledged, the Company and the Trustee mutually covenant and agree for the
benefit of the Holders of the Notes as follows:

 

1.  Defined
Terms.  As used in this Supplemental
Indenture, terms defined in the Indenture or in the preamble or recital hereto
are used herein as therein defined.  The
words “herein,” “hereof” and “hereby” and other words of similar import used in
this Supplemental Indenture refer to this Supplemental Indenture as a whole and
not to any particular section hereof.

 

2.  Assumption.  The Company hereby expressly assumes and
agrees promptly to pay, perform and discharge when due each and every debt,
obligation, covenant and agreement incurred, made or to be paid, performed or
discharged by the Predecessor Company under the Indenture and the Notes.  The Company hereby agrees to be bound by all
the terms, provisions and conditions of the Indenture
and the Notes and agrees that it shall be the successor Company and shall
succeed to, and be substituted for, and may

 

 

exercise
every right and power of the Predecessor Company, as the predecessor Company,
under the Indenture and the Notes.

 

3.  Governing
Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.  THE TRUSTEE, THE COMPANY, ANY OTHER OBLIGOR
IN RESPECT OF THE NOTES AND (BY THEIR ACCEPTANCE OF THE NOTES) THE HOLDERS
AGREE TO SUBMIT TO THE JURISDICTION OF ANY UNITED STATES FEDERAL OR STATE COURT
LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.

 

4.  Ratification
of Indenture; Supplemental Indentures Part of Indenture.  Except as expressly amended hereby, the
Indenture is in all respects ratified and confirmed and all the terms,
conditions and provisions thereof shall remain in full force and effect.  This Supplemental Indenture shall form a part
of the Indenture for all purposes, and every Holder of Notes heretofore or
hereafter authenticated and delivered shall be bound hereby.  The Trustee makes no representation or
warranty as to the validity or sufficiency of this Supplemental Indenture or as
to the accuracy of the recitals to this Supplemental Indenture.

 

5.  Counterparts.  The parties hereto may sign one or more
copies of this Supplemental Indenture in counterparts, all of which together
shall constitute one and the same agreement.

 

6.  Headings.  The section headings herein are for
convenience of reference only and shall not be deemed to alter or affect the
meaning or interpretation of any provisions hereof.

 

2

 

IN WITNESS WHEREOF, the parties hereto have caused
this Supplemental Indenture to be duly executed as of the date first above
written.

 

 

	
   

  	
  VWR INTERNATIONAL, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ STEPHEN J. KUNST

  	
   

  
	
   

  	
   

  	
  Name: Stephen J. Kunst

  
	
   

  	
   

  	
  Title: Secretary

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK,
  NATIONAL

  ASSOCIATION, as Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JOSEPH P. O’DONNELL

  	
   

  
	
   

  	
   

  	
  Name: Joseph P.
  O’Donnell

  
	
   

  	
   

  	
  Title: Assistant Vice
  President

  
						

 

3Exhibit
4.7

 

SUPPLEMENTAL INDENTURE, dated as of April 7, 2004
(this “Supplemental Indenture”), among VWR International, Inc., a
Pennsylvania corporation (the “Company”), and Wells Fargo Bank, National
Association, as Trustee under the Indenture referred to below.

 

W I T N E S S E T H:

 

WHEREAS, CDRV Acquisition Corporation, a Delaware
corporation (the “Predecessor Company”), and the Trustee have heretofore
become parties to an Indenture, dated as of April 7, 2004 (as amended,
supplemented, waived or otherwise modified, the “Indenture”), providing
for the issuance of 8% Senior Subordinated Notes due 2014 of the Company (the “Notes”);

 

WHEREAS, the Company is the successor by merger to the
Predecessor Company and Section 501 of the Indenture contemplates that the
Company will execute and deliver to the Trustee a supplemental indenture
pursuant to which the Company shall expressly assume all the obligations of the
Company under the Notes and this Indenture;

 

WHEREAS, the Company desires to enter into such supplemental
indenture for good and valuable consideration; and

 

WHEREAS, pursuant to Section 901 of the Indenture, the
parties hereto are authorized to execute and deliver this Supplemental
Indenture to amend the Indenture, without the consent of any Holder;

 

NOW, THEREFORE, in consideration of the foregoing and
for other good and valuable consideration, the receipt of which is hereby
acknowledged, the Company and the Trustee mutually covenant and agree for the
benefit of the Holders of the Notes as follows:

 

1.  Defined
Terms.  As used in this Supplemental
Indenture, terms defined in the Indenture or in the preamble or recital hereto
are used herein as therein defined.  The
words “herein,” “hereof” and “hereby” and other words of similar import used in
this Supplemental Indenture refer to this Supplemental Indenture as a whole and
not to any particular section hereof.

 

2.  Assumption.  The Company hereby expressly assumes and
agrees promptly to pay, perform and discharge when due each and every debt,
obligation, covenant and agreement incurred, made or to be paid, performed or
discharged by the Predecessor Company under the Indenture and the Notes.  The Company hereby agrees to be bound by all
the terms, provisions and conditions of the Indenture
and the Notes and agrees that it shall be the successor Company and shall
succeed to, and be substituted for, and may

 

 

exercise
every right and power of the Predecessor Company, as the predecessor Company,
under the Indenture and the Notes.

 

3.  Governing
Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.  THE TRUSTEE, THE COMPANY, ANY OTHER OBLIGOR
IN RESPECT OF THE NOTES AND (BY THEIR ACCEPTANCE OF THE NOTES) THE HOLDERS
AGREE TO SUBMIT TO THE JURISDICTION OF ANY UNITED STATES FEDERAL OR STATE COURT
LOCATED IN THE BOROUGH OF MANHATTAN, IN THE CITY OF NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.

 

4.  Ratification
of Indenture; Supplemental Indentures Part of Indenture.  Except as expressly amended hereby, the
Indenture is in all respects ratified and confirmed and all the terms,
conditions and provisions thereof shall remain in full force and effect.  This Supplemental Indenture shall form a part
of the Indenture for all purposes, and every Holder of Notes heretofore or
hereafter authenticated and delivered shall be bound hereby.  The Trustee makes no representation or
warranty as to the validity or sufficiency of this Supplemental Indenture or as
to the accuracy of the recitals to this Supplemental Indenture.

 

5.  Counterparts.  The parties hereto may sign one or more
copies of this Supplemental Indenture in counterparts, all of which together
shall constitute one and the same agreement.

 

6.  Headings.  The section headings herein are for
convenience of reference only and shall not be deemed to alter or affect the
meaning or interpretation of any provisions hereof.

 

2

 

IN WITNESS WHEREOF, the parties hereto have caused
this Supplemental Indenture to be duly executed as of the date first above
written.

 

 

	
   

  	
  VWR INTERNATIONAL, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ STEPHEN J. KUNST

  	
   

  
	
   

  	
   

  	
  Name: Stephen J. Kunst

  
	
   

  	
   

  	
  Title: Secretary

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK,
  NATIONAL

  ASSOCIATION, as Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JOSEPH P. O’DONNELL

  	
   

  
	
   

  	
   

  	
  Name: Joseph P.
  O’Donnell

  
	
   

  	
   

  	
  Title: Assistant Vice
  President

  
						

 

3Exhibit
4.8

 

EXECUTION
COPY

 

CDRV Acquisition Corporation

 

6 7/8% Senior Notes
due 2012

 

Exchange
and Registration Rights Agreement

 

April 7, 2004

 

Deutsche Bank Securities
Inc.

Citigroup Global Markets Inc.

Banc of America Securities LLC

BNP Paribas Securities Corp.

Barclays Capital Inc.

PNC Capital Markets, Inc.,

As representatives
of the several Purchasers

named in Schedule I to the Purchase Agreement

c/o Deutsche Bank
Securities Inc.

60 Wall Street

New York, New York 10005

 

Ladies and Gentlemen:

 

CDRV Acquisition
Corporation, a Delaware corporation (the “Company”), proposes to issue and sell
to the Purchasers (as defined herein) upon the terms set forth in the Purchase
Agreement (as defined herein) its 6 7/8% Senior Notes due 2012.  As an inducement to the Purchasers to enter
into the Purchase Agreement and in satisfaction of a condition to the
obligations of the Purchasers thereunder, the Company agrees with the
Purchasers for the benefit of holders (as defined herein) from time to time of
the Registrable Securities (as defined herein) as follows:

 

1.             Certain Definitions.  For purposes of this Exchange and
Registration Rights Agreement, the following terms shall have the following
respective meanings:

 

“Base Interest” shall mean the interest
that would otherwise accrue on the Securities under the terms thereof and the
Indenture, without giving effect to the provisions of this Agreement.

 

The
term “broker-dealer” shall mean
any broker or dealer registered with the Commission under the Exchange Act.

 

 

“Closing Date” shall mean the date on which
the Securities are initially issued.

 

“Commission” shall mean the United States
Securities and Exchange Commission, or any other federal agency at the time
administering the Exchange Act or the Securities Act, whichever is the relevant
statute for the particular purpose.

 

“Effective Time,” in the case of
(i) an Exchange Registration, shall mean the time and date as of which the
Commission declares the Exchange Registration Statement effective or as of
which the Exchange Registration Statement otherwise becomes effective and
(ii) a Shelf Registration, shall mean the time and date as of which the
Commission declares the Shelf Registration Statement effective or as of which
the Shelf Registration Statement otherwise becomes effective.

 

“Electing Holder” shall mean any holder of
Registrable Securities that has returned a completed and signed Notice and
Questionnaire to the Company in accordance with Section 3(d)(ii) or
3(d)(iii) hereof.

 

“Exchange Act” shall mean the Securities
Exchange Act of 1934, or any successor thereto, as the same shall be amended
from time to time.

 

“Exchange Offer” shall have the meaning
assigned thereto in Section 2(a) hereof.

 

“Exchange Registration” shall have the
meaning assigned thereto in Section 3(c) hereof.

 

“Exchange Registration Statement” shall
have the meaning assigned thereto in Section 2(a) hereof.

 

“Exchange
Securities” shall have the meaning assigned thereto in
Section 2(a) hereof.

 

“Guarantors” shall have the meaning
assigned to the term “Subsidiary Guarantors” in the Indenture.

 

The
term “holder” shall mean each of
the Purchasers and other persons who acquire Registrable Securities from time
to time (including any successors or assigns), in each case for so long as such
person owns any Registrable Securities.

 

“Indenture” shall mean the Indenture, dated
as of April 7, 2004, between the Company, the Guarantors, if any, from
time to time parties thereto and Wells Fargo Bank, National Association, as
Trustee governing the Company’s 6 7/8% Senior Notes due 2012, as the same
shall be amended from time to time.

 

“Notice and Questionnaire” means a Notice
of Registration Statement and Selling Securityholder Questionnaire
substantially in the form of Exhibit A hereto, with such changes thereto as the
Company may reasonably determine.

 

2

 

The
term “person” shall mean a
corporation, association, partnership, organization, business, individual,
government or political subdivision thereof or governmental agency.

 

“Purchase Agreement” shall mean the
Purchase Agreement, dated as of April 7, 2004, between the Purchasers and
the Company relating to the Securities.

 

“Purchasers” shall mean the Purchasers
named in Schedule I to the Purchase Agreement.

 

“Registrable Securities” shall mean the
Securities; provided, however, that a Security shall cease to be a Registrable
Security when (i) the Security has been exchanged for an Exchange Security
in an Exchange Offer as contemplated in Section 2(a) hereof (provided that
any Exchange Security that, pursuant to the last two sentences of
Section 2(a), is included in a prospectus for use in connection with
resales by broker-dealers shall be deemed to be a Registrable Security with
respect to Sections 6 and 9 until resale of such Registrable Security has
been effected within the 90-day period referred to in Section 2(a));
(ii) a Shelf Registration Statement registering such Security under the
Securities Act has been declared or becomes effective and such Security has
been sold or otherwise transferred by the holder thereof pursuant to and in a
manner contemplated by such effective Shelf Registration Statement;
(iii) such Security is sold pursuant to Rule 144 under circumstances
in which any legend borne by such Security relating to restrictions on
transferability thereof, under the Securities Act or otherwise, is removed by
the Company or pursuant to the Indenture; (iv) such Security is eligible
to be sold pursuant to paragraph (k) of Rule 144; or (v) such
Security shall cease to be outstanding.

 

“Registration Default” shall have the
meaning assigned thereto in Section 2(c) hereof.

 

“Registration Expenses” shall have the
meaning assigned thereto in Section 4 hereof.

 

“Resale Period” shall have the meaning
assigned thereto in Section 2(a) hereof.

 

“Restricted Holder” shall mean (i) a
holder that is an affiliate of the Company within the meaning of Rule 405,
(ii) a holder that acquires Exchange Securities outside the ordinary
course of such holder’s business, (iii) a holder that has arrangements or
understandings with any person to participate in the Exchange Offer for the
purpose of distributing Exchange Securities and (iv) a holder that is a
broker-dealer, but only with respect to Exchange Securities received by such
broker-dealer pursuant to an Exchange Offer in exchange for Registrable
Securities acquired by the broker-dealer directly from the Company.

 

“Rule 144,” “Rule 405” and “Rule 415” shall mean, in each case,
such rule promulgated under the Securities Act (or any successor provision), as
the same shall be amended from time to time.

 

3

 

“Securities” shall mean, collectively, the
6 7/8% Senior Notes due 2012 of the Company to be issued and sold to the
Purchasers, and securities issued in exchange therefor or in lieu thereof
pursuant to the Indenture.  Each
Security is entitled to the benefit of the guarantees, if any, provided for in
the Indenture (the “Guarantee”) and, unless the context otherwise requires, any
reference herein to a “Security,” an “Exchange Security” or a “Registrable
Security” shall include a reference to the related Guarantees, if any.

 

“Securities Act” shall mean the Securities
Act of 1933, or any successor thereto, as the same shall be amended from time
to time.

 

“Shelf Registration” shall have the meaning
assigned thereto in Section 2(b) hereof.

 

“Shelf Registration Statement” shall have
the meaning assigned thereto in Section 2(b) hereof.

 

“Special Interest” shall have the meaning
assigned thereto in Section 2(c) hereof.

 

“Trust Indenture Act” shall mean the Trust
Indenture Act of 1939, or any successor thereto, and the rules, regulations and
forms promulgated thereunder, all as the same shall be amended from time to
time.

 

Unless the context
otherwise requires, any reference herein to a “Section” or “clause” refers to a
Section or clause, as the case may be, of this Exchange and Registration
Rights Agreement, and the words “herein,” “hereof” and “hereunder” and other
words of similar import refer to this Exchange and Registration Rights
Agreement as a whole and not to any particular Section or other
subdivision.

 

2.             Registration Under the Securities Act.

 

(a)           Except as set forth in
Section 2(b) below, the Company agrees to use its reasonable best efforts
to file under the Securities Act, within 150 days after the Closing Date, a
registration statement relating to an offer to exchange (such registration
statement, the “Exchange Registration Statement”, and such offer, the “Exchange
Offer”) any and all of the Securities for a like aggregate principal amount of
debt securities issued by the Company and guaranteed by the Guarantors (if
any), which debt securities and guarantees (if any) are substantially identical
to the Securities (and are entitled to the benefits of a trust indenture which
is substantially identical to the Indenture or is the Indenture and which has
been qualified under the Trust Indenture Act), except that they have been
registered pursuant to an effective registration statement under the Securities
Act and do not contain restrictions on transfer or provisions for the
additional interest contemplated in Section 2(c) below or the liquidated
damages provided in Section 2(d) below (such new debt securities
hereinafter called “Exchange Securities”). 
The Company agrees to use its reasonable best efforts to cause the
Exchange Registration Statement to become effective under the Securities Act
within 240 days after the Closing Date. 
The Exchange Offer will be registered under the Securities Act on the
appropriate form and will comply with all applicable tender offer rules and
regulations under the Exchange Act.  The
Company further agrees to use its reasonable best efforts to commence the
Exchange

 

4

 

Offer promptly, hold the
Exchange Offer open for the period required by applicable law (including
pursuant to any applicable interpretation by the staff of the Commission), but
in any event for at least 10 business days, and exchange the Exchange Securities
for all Registrable Securities that have been validly tendered and not
withdrawn on or prior to the expiration of the Exchange Offer.  If the Company commences the Exchange Offer,
the Company will be entitled to close the Exchange Offer 30 days after the
commencement thereof (or at the end of such shorter period permitted by
applicable law), provided that the Company has accepted all the Registrable
Securities validly tendered in accordance with the terms of the Exchange Offer.  The Company agrees (x) to include in
the Exchange Registration Statement a prospectus for use in any resales by any
holder of Exchange Securities that is a broker-dealer and (y) to keep such
Exchange Registration Statement effective for a period (the “Resale Period”)
beginning when Exchange Securities are first issued in the Exchange Offer and
ending upon the earlier of the expiration of the 90th day after the Exchange
Offer has been completed and such time as such broker-dealers no longer own any
Registrable Securities.

 

Each holder
participating in the Exchange Offer shall be required to represent to the
Company that (i) any Exchange Securities received by such holder will be
acquired in the ordinary course of business, (ii) at the time of the
commencement of the Exchange Offer such holder has no arrangements or
understanding with any person to participate in the distribution of the
Securities or the Exchange Securities within the meaning of the Securities Act,
(iii) such holder is not an “affiliate,” as defined in Rule 405 of the
Securities Act, of the Company, (iv) if such holder is not a
broker-dealer, that it is not engaged in, and does not intend to engage in, the
distribution of the Exchange Securities, (v) if such holder is a
broker-dealer, that it will receive Exchange Securities for its own account in
exchange for Securities that were acquired as a result of market-making
activities or other trading activities and that it will deliver a prospectus in
connection with any resale of such Exchange Securities and (vi) such holder
is not acting on behalf of any person who could not truthfully make the
foregoing representations.

 

(b)           If (i) on or prior
to the time the Exchange Offer is consummated existing Commission
interpretations are changed such that the Exchange Securities received by
holders other than Restricted Holders in the Exchange Offer for Registrable
Securities are not or would not be, upon receipt, transferable by each such
holder without restriction under the Securities Act, (ii) the Exchange
Offer has not been completed within 270 days following the Closing Date,
(iii) any Purchaser so requests with respect to Registrable Securities not
eligible to be exchanged for Exchange Securities in the Exchange Offer and held
by it following consummation of the Exchange Offer or (iv) any holder
(other than a Purchaser) shall be, and shall notify the Company that such
holder is, prohibited by law or Commission policy from participating in the
Exchange Offer or such holder may not resell the Exchange Securities acquired in
the Exchange Offer to the public without delivering a prospectus and the
prospectus contained in the Exchange Registration Statement is not available
for such resales by such holder (other than in either case (x) due solely
to the status of such holder as an affiliate of the Company within the meaning
of the Securities Act or (y) due to such holder’s inability to make the
representations set forth in the second paragraph of Section 2(a) hereof)
and any such holder so requests, the Company shall, in lieu of (or, in the case
of clauses (iii) and (iv), in addition to) conducting the Exchange Offer
contemplated by Section 2(a), use its reasonable best efforts to file
under the Securities Act as promptly as reasonably practicable, a “shelf”
registration statement providing for the registration of, and the sale on a
continuous or delayed basis by the holders of, all of the Registrable

 

5

 

Securities (or in the
case of clause (iii), the Registrable Securities held by the Purchasers),
pursuant to Rule 415 or any similar rule that may be adopted by the
Commission (such filing, the “Shelf Registration” and such registration
statement, the “Shelf Registration Statement”).  The Company agrees to use its reasonable best efforts (x) to
cause the Shelf Registration Statement to become effective within 150 days
after the date on which the obligation to file such Shelf Registration
Statement arises and to use its reasonable best efforts to cause such Shelf
Registration Statement to remain effective for a period ending on the earlier
of the second anniversary of the Effective Time or such shorter period that
will terminate when all the Registrable Securities covered by the Shelf
Registration Statement have been sold pursuant to the Shelf Registration
Statement or are distributed to the public pursuant to Rule 144 or become
eligible for resale pursuant to Rule 144 without volume restriction, if
any; provided, however, that no holder shall be entitled to be
named as a selling securityholder in the Shelf Registration Statement or to use
the prospectus forming a part thereof for resales of Registrable Securities
unless such holder is an Electing Holder, and (y) after the Effective Time
of the Shelf Registration Statement, promptly upon the request of any holder of
Registrable Securities that is not then an Electing Holder, to take any action
reasonably necessary to enable such holder to use the prospectus forming a part
thereof for resales of Registrable Securities, including, without limitation,
any action necessary to identify such holder as a selling securityholder in the
Shelf Registration Statement; provided, however, that nothing in this clause
(y) shall relieve any such holder of the obligation to return a completed and
signed Notice and Questionnaire to the Company in accordance with
Section 3(d)(iii) hereof.  The
Company further agrees to supplement or make amendments to the Shelf
Registration Statement, as and when required by the rules, regulations or
instructions applicable to the registration form used by the Company for such
Shelf Registration Statement or by the Securities Act or rules and regulations
thereunder for shelf registration, and the Company agrees to furnish to each
Electing Holder copies of any such supplement or amendment promptly following
its filing with the Commission.

 

Notwithstanding
the foregoing, the Company may suspend the availability of any Shelf
Registration Statement (x) for up to an aggregate of 30 days in any
consecutive twelve-month period if (i) such action is required by
applicable law or (ii) such action is taken by the Company in good faith
and for valid business reasons (not including avoidance of the Company’s
obligations hereunder), including the acquisition or divestiture of assets, or
(y) with respect to a Shelf Registration Statement required to be filed
due to a failure to consummate the Exchange Offer within the required time
period, if such action occurs following the consummation of the Exchange Offer.

 

(c)           In the event that
(i) the Company has not filed the Exchange Registration Statement or a
Shelf Registration Statement (applicable to all of the Registrable Securities)
on or before 150 days after the Closing Date, or (ii) the Exchange
Registration Statement has not become effective or been declared effective by
the Commission on or before 240 days after the Closing Date, or (iii) the
Exchange Offer has not been consummated within 270 days after the Closing Date,
or (iv) if a Shelf Registration Statement required to be filed under
Section 2(b) hereof is not declared effective on or before 150 days after
the date on which the obligation to file the Shelf Registration Statement
arises, or (v) if any Shelf Registration Statement required by
Section 2(b) hereof is filed and declared effective, and during the period
the Company is required to use its reasonable best efforts to cause the Shelf
Registration Statement to remain effective, (x) the Company shall have
suspended the Shelf Registration Statement pursuant to Section 2(b)

 

6

 

hereof for more than 30
days in the aggregate in any consecutive twelve-month period and be continuing
to suspend the availability of the Shelf Registration Statement or (y) the
Shelf Registration Statement shall cease to be effective (other than by action
of the Company pursuant to the second paragraph of Section 2(b) hereof)
without being replaced within 60 days by a shelf registration statement that is
filed and declared effective (each such event referred to in clauses (i)
through (v), a “Registration Default” and each period during which a
Registration Default has occurred and is continuing, a “Registration Default
Period”), then, as liquidated damages for such Registration Default, subject to
the provisions of Section 9(b), special interest (“Special Interest”), in
addition to the Base Interest, shall accrue on Registrable Securities for the
Registration Default Period (but only with respect to one Registration Default
at any particular time) until such time as all Registration Defaults have been
cured at a per annum rate of 0.25% for the first 90 days of the Registration
Default Period, which rate shall increase by an additional 0.25% during each
subsequent 90-day period, up to a maximum of 0.50% regardless of the number of
Registration Defaults that shall have occurred and be continuing.  Following the cure of all Registration
Defaults, the accrual of Special Interest will cease.  A Registration Default under clause (iv) or (v) will be deemed
cured upon consummation of the Exchange Offer in the case of a Shelf
Registration Statement required to be filed due to a failure to consummate the
Exchange Offer within the required time period.

 

(d)           If during the 90 day
period referenced in the penultimate sentence of the first paragraph of
Section 2(a) hereof the Exchange Offer Registration Statement is suspended
by the Company or ceases to be effective such that any broker-dealer that
(i) receives Exchange Securities in the Exchange Offer and (ii) is
subject to prospectus delivery requirements cannot fulfill such requirements,
the Company shall pay liquidated damages to such broker-dealers in an amount
calculated in a manner consistent with that specified above with respect to
Registration Defaults.

 

(e)           The Company shall take
all actions reasonably necessary or advisable to be taken by it to ensure that
the transactions contemplated herein are effected as so contemplated, including
all actions necessary or desirable to register the Guarantees (if any) under
the registration statement contemplated in Section 2(a) or 2(b) hereof, as
applicable.

 

(f)            Any reference herein
to a registration statement as of any time shall be deemed to include any
document incorporated, or deemed to be incorporated, therein by reference as of
such time and any reference herein to any post-effective amendment to a
registration statement as of any time shall be deemed to include any document
incorporated, or deemed to be incorporated, therein by reference as of such
time.

 

3.             Registration Procedures.

 

If the Company
files a registration statement pursuant to Section 2(a) or
Section 2(b), the following provisions shall apply:

 

(a)           At or before the
Effective Time of the Exchange Offer or the Shelf Registration, as the case may
be, the Company shall qualify the Indenture under the Trust Indenture Act.

 

7

 

(b)           In the event that such
qualification would require the appointment of a new trustee under the
Indenture, the Company shall appoint a new trustee thereunder pursuant to the
applicable provisions of the Indenture.

 

(c)           In connection with the
Company’s obligations with respect to the registration of Exchange Securities
as contemplated by Section 2(a) (the “Exchange Registration”), if
applicable, the Company shall:

 

(i)            use its
reasonable best efforts to prepare and file with the Commission within 150 days
after the Closing Date, an Exchange Registration Statement on any form which
may be utilized by the Company and which shall permit the Exchange Offer and
resales of Exchange Securities by broker-dealers during the Resale Period to be
effected as contemplated by Section 2(a), and use its reasonable best
efforts to cause such Exchange Registration Statement to become effective
within 240 days after the Closing Date;

 

(ii)           prepare
and file with the Commission such amendments and supplements to such Exchange
Registration Statement and the prospectus included therein as may be necessary
to effect and maintain the effectiveness of such Exchange Registration
Statement for the periods and purposes contemplated in Section 2(a) hereof
and as may be required by the applicable rules and regulations of the
Commission and the instructions applicable to the form of such Exchange
Registration Statement, and promptly provide each broker-dealer holding
Exchange Securities with such number of copies of the prospectus included
therein (as then amended or supplemented), in conformity in all material
respects with the requirements of the Securities Act and the rules and
regulations of the Commission thereunder, as such broker-dealer reasonably may
request prior to the expiration of the Resale Period, for use in connection
with resales of Exchange Securities;

 

(iii)          promptly
notify each broker-dealer that has requested or received copies of the
prospectus included in such registration statement, and confirm such advice in
writing, (A) when such Exchange Registration Statement or the prospectus
included therein or any prospectus amendment or supplement or post-effective
amendment has been filed, and, with respect to such Exchange Registration
Statement or any post-effective amendment, when the same has become effective,
(B) of any request by the Commission for amendments or supplements to such
Exchange Registration Statement or prospectus or for additional information,
(C) of the issuance by the Commission of any stop order suspending the
effectiveness of such Exchange Registration Statement or the initiation of any
proceedings for that purpose, (D) of the receipt by the Company of any
notification with respect to the suspension of the qualification of the
Exchange Securities for sale in any jurisdiction or the initiation of any
proceeding for such purpose, or (E) at any time during the Resale Period
when a prospectus is required to be delivered under the Securities Act, that
such Exchange Registration Statement, prospectus, prospectus amendment or
supplement or post-effective amendment does not conform in all material
respects to the applicable requirements of the Securities Act and the rules and
regulations of the Commission thereunder or contains an untrue statement of a
material fact or omits

 

8

 

to state any
material fact required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances then existing;

 

(iv)          in the
event that the Company would be required, pursuant to Section 3(c)(iii)(E)
above, to notify any broker-dealers holding Exchange Securities, use its
reasonable best efforts to prepare and furnish as soon as practicable to each
such broker-dealer a reasonable number of copies of a prospectus supplemented
or amended so that, as thereafter delivered to purchasers of such Exchange
Securities during the Resale Period, such prospectus shall conform in all
material respects to the applicable requirements of the Securities Act and the
rules and regulations of the Commission thereunder and shall not contain an
untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances then existing;

 

(v)           use its
reasonable best efforts to obtain the withdrawal of any order suspending the
effectiveness of such Exchange Registration Statement or any post-effective
amendment thereto at the earliest practicable date;

 

(vi)          use its
reasonable best efforts to (A) register or qualify the Exchange Securities
under the securities laws or blue sky laws of such jurisdictions as any
participating holder of the Registrable Securities reasonably requests in
writing no later than the commencement of the Exchange Offer, (B) keep
such registrations or qualifications in effect and comply with such laws so as
to permit the continuance of offers, sales and dealings therein in such
jurisdictions until the expiration of the Resale Period and (C) take any
and all other actions as may be reasonably necessary to enable each
broker-dealer holding Exchange Securities to consummate the disposition thereof
in such jurisdictions; provided, however, that neither the Company nor any
Guarantor shall be required for any such purpose to (1) qualify as a
foreign corporation in any jurisdiction wherein it would not otherwise be
required to qualify but for the requirements of this Section 3(c)(vi),
(2) consent to general service of process in any such jurisdiction or
(3) make any changes to its certificate of incorporation, by-laws or other
organizational document, or any agreement between it and any of its equityholders;

 

(vii)         provide
a CUSIP number for all Exchange Securities, not later than the consummation of
the Exchange Offer; and

 

(viii)        comply
in all material respects with all applicable rules and regulations of the
Commission, and make generally available to its securityholders as soon as
practicable but no later than eighteen months after the effective date of such
Exchange Registration Statement, an earning statement of the Company and its
subsidiaries complying with Section 11(a) of the Securities Act
(including, at the option of the Company, Rule 158 thereunder).

 

(d)           In connection with the
Company’s obligations with respect to the Shelf Registration, if applicable,
the Company shall:

 

9

 

(i)            use its
reasonable best efforts to prepare and file with the Commission within the time
periods specified in Section 2(b), a Shelf Registration Statement on any
form which may be utilized by the Company and which shall register all of the
Registrable Securities (or in the case of a Shelf Registration Statement filed
pursuant to Section 2(b)(iii), the Registrable Securities held by the
Purchasers) for resale by the holders thereof in accordance with such method or
methods of disposition as may be specified in the applicable Notice and Questionnaire
by such of the holders as, from time to time, may be Electing Holders and use
their reasonable best efforts to cause such Shelf Registration Statement to
become effective within the time periods specified in Section 2(b);

 

(ii)           not less
than 15 calendar days prior to the Effective Time of the Shelf Registration
Statement, mail the Notice and Questionnaire to the holders of Registrable
Securities; no holder shall be entitled to be named as a selling securityholder
in the Shelf Registration Statement as of the Effective Time, and no holder
shall be entitled to use the prospectus forming a part thereof for resales of
Registrable Securities at any time, unless such holder has returned a completed
and signed Notice and Questionnaire to the Company by the deadline for response
set forth therein; provided, however, holders of Registrable Securities shall
have at least 13 calendar days from the date on which the Notice and
Questionnaire is first mailed to such holders to return a completed and signed
Notice and Questionnaire to the Company;

 

(iii)          after
the Effective Time of the Shelf Registration Statement, upon the request of any
holder of Registrable Securities that is not then an Electing Holder, promptly
send a Notice and Questionnaire to such holder; provided that the Company shall
not be required to take any action to name such holder as a selling
securityholder in the Shelf Registration Statement or to enable such holder to
use the prospectus forming a part thereof for resales of Registrable Securities
until such holder has returned a completed and signed Notice and Questionnaire
to the Company;

 

(iv)          as soon as
practicable prepare and file with the Commission such amendments and
supplements to such Shelf Registration Statement and the prospectus included
therein as may be necessary to effect and maintain the effectiveness of such
Shelf Registration Statement for the period specified in Section 2(b)
hereof and as may be required by the applicable rules and regulations of the
Commission and the instructions applicable to the form of such Shelf
Registration Statement, and furnish to the Electing Holders copies of any such
supplement or amendment as soon as practicable following its filing with the
Commission.  Notwithstanding the
foregoing, the Company may suspend the availability of any Shelf Registration
Statement (x) for up to an aggregate of 30 days in any consecutive
twelve-month period if (i) such action is required by applicable law or,
(ii) such action is taken by the Company in good faith and for valid
business reasons (not including avoidance of the Company’s obligations
hereunder), including the acquisition or divestiture of assets, or
(y) with respect to a Shelf Registration Statement required to be filed
due to a failure to consummate the Exchange Offer within the required time
period, if such action occurs following the consummation of the Exchange Offer;

 

10

 

(v)           comply in
all material respects with the provisions of the Securities Act with respect to
the disposition of all of the Registrable Securities covered by such Shelf
Registration Statement in accordance with the intended methods of disposition
by the Electing Holders provided for in such Shelf Registration Statement;

 

(vi)          for a
reasonable period prior to the filing of such Shelf Registration Statement, and
throughout the period specified in Section 2(b), make reasonably available
at reasonable times at the Company’s principal place of business or such other
reasonable place for inspection by a representative of, and not more than one
counsel acting for, Electing Holders holding at least a majority in aggregate
principal amount of the Registrable Securities at the time outstanding (the
“Majority Electing Holders”) and any underwriter participating in the
distribution of the Registrable Securities being sold (including any person who
may be deemed an underwriter within the meaning of Section 2(a)(ii) of the
Securities Act) such relevant financial and other pertinent information and books
and records of the Company, and use its reasonable best efforts to cause the
officers, employees, counsel and independent certified public accountants of
the Company to respond to such inquiries, as shall be reasonably necessary to
conduct a reasonable investigation within the meaning of Section 11 of the
Securities Act; provided, however, that the foregoing investigation and
information gathering shall be coordinated on behalf of all such parties by one
counsel designated by and on behalf of all such parties and provided, further,
that each such party shall be required (pursuant to an agreement in form and
substance reasonably satisfactory to the Company) to maintain in confidence and
not to disclose to any other person any information or records reasonably designated
by the Company as being confidential, until such time as (A) such
information becomes a matter of public record (whether by virtue of its
inclusion in such registration statement or otherwise except as a result of a
breach of this or any other obligation of confidentiality to the Company known
to such party), or (B) such person shall be required so to disclose such
information pursuant to a subpoena or order of any court or other governmental
agency or body having jurisdiction over the matter (subject to the requirements
of such order, and only after such person shall have given the Company prompt
prior written notice of such requirement so that the Company, at its expense,
may undertake appropriate action to prevent disclosure of such information or
records), or (C) such information is required to be set forth in such
Shelf Registration Statement or the prospectus included therein or in an
amendment to such Shelf Registration Statement or an amendment or supplement to
such prospectus in order that such Shelf Registration Statement, prospectus,
amendment or supplement, as the case may be, complies with applicable
requirements of the federal securities laws and the rules and regulations of
the Commission and does not contain an untrue statement of a material fact or
omit to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading in light of the
circumstances then existing;

 

(vii)         promptly
notify each of the Electing Holders and any managing underwriter thereof and
confirm such advice in writing, (A) when such Shelf Registration Statement
or the prospectus included therein or any prospectus amendment or supplement or
post-effective amendment has been filed, and, with respect to such Shelf Registration
Statement or any post-effective amendment, when the same has become effective,
(B) of any request by the Commission for amendments or supplements to such
Shelf

 

11

 

Registration
Statement or prospectus or for additional information, (C) of the issuance
by the Commission of any stop order suspending the effectiveness of such Shelf
Registration Statement or the initiation of any proceedings for that purpose,
(D) of the receipt by the Company of any notification with respect to the
suspension of the qualification of the Registrable Securities for sale in any
jurisdiction or the initiation of any proceeding for such purpose or
(E) if at any time when a prospectus is required to be delivered under the
Securities Act, that such Shelf Registration Statement, prospectus, prospectus
amendment or supplement or post-effective amendment does not conform in all
material respects to the applicable requirements of the Securities Act and the
rules and regulations of the Commission thereunder or contains an untrue
statement of a material fact or omits to state any material fact required to be
stated therein or necessary to make the statements therein not misleading in
light of the circumstances then existing;

 

(viii)        use
its reasonable best efforts to obtain the withdrawal of any order suspending
the effectiveness of such registration statement or any post-effective
amendment thereto at the earliest practicable date;

 

(ix)           if
requested by any managing underwriter or the Majority Electing Holders,
promptly incorporate in a prospectus supplement or post-effective amendment
such information as is required by the applicable rules and regulations of the
Commission and as such managing underwriter or such Majority Electing Holders
shall specify should be included therein relating to the terms of the sale of
such Registrable Securities, including information with respect to the
principal amount of Registrable Securities being sold by such Majority Electing
Holders or to any underwriters, the names and descriptions of such Majority
Electing Holders or underwriters, the offering price of such Registrable
Securities and any discount, commission or other compensation payable in
respect thereof, the purchase price being paid therefor by such underwriters
and with respect to any other terms of the offering of the Registrable
Securities to be sold by such Majority Electing Holders or to such
underwriters; and make all required filings of such prospectus supplement or
post-effective amendment as soon as practicable after notification of the
matters to be incorporated in such prospectus supplement or post-effective
amendment;

 

(x)            furnish
to each Electing Holder, and each underwriter, if any, thereof such number of
copies of such Shelf Registration Statement (excluding exhibits thereto and
documents incorporated by reference therein) and of the prospectus included in
such Shelf Registration Statement (including each preliminary prospectus), in
conformity in all material respects with the applicable requirements of the
Securities Act and the rules and regulations of the Commission thereunder, as
such Electing Holder and underwriter, if any, may reasonably request in order
to facilitate the offering and disposition of the Registrable Securities owned
by such Electing Holder or underwritten by such underwriter and to permit such
Electing Holder and underwriter, if any, to satisfy the prospectus delivery
requirements of the Securities Act; and the Company hereby consents to the use
of such prospectus (including such preliminary prospectus) and any amendment or
supplement thereto by each such Electing Holder and by any such underwriter, in
each case in the form most recently provided to such person by the Company, in
connection with the offering and sale of the Registrable Securities covered

 

12

 

by the prospectus
(including such preliminary prospectus) or any supplement or amendment thereto;

 

(xi)           use its
reasonable best efforts to (A) register or qualify the Registrable
Securities to be included in such Shelf Registration Statement under such
securities laws or blue sky laws of such jurisdictions as any Electing Holder
and managing underwriter, if any, thereof shall reasonably request,
(B) keep such registrations or qualifications in effect and comply with
such laws so as to permit the continuance of offers, sales and dealings therein
in such jurisdictions during the period the Shelf Registration is required to
remain effective under Section 2(b) above and for so long as may be
necessary to enable any such Electing Holder or underwriter to complete its
distribution of Securities pursuant to such Shelf Registration Statement and
(C) take any and all other actions as may be reasonably necessary to enable
each such Electing Holder and underwriter, if any, to consummate the
disposition in such jurisdictions of such Registrable Securities; provided,
however, that neither the Company nor any Guarantor shall be required for any
such purpose to (1) qualify as a foreign corporation in any jurisdiction
wherein it would not otherwise be required to qualify but for the requirements
of this Section 3(d)(xi), (2) consent to general service of process
in any such jurisdiction or (3) make any changes to its certificate of
incorporation, by-laws or other organizational document, any agreement between
it and any of its equityholders;

 

(xii)          unless
any Registrable Securities shall be in book-entry only form, cooperate with the
Electing Holders and the managing underwriters, if any, to facilitate the
timely preparation and delivery of certificates representing Registrable
Securities to be sold, which certificates shall not bear any restrictive
legends; and, in the case of an underwritten offering, enable such Registrable
Securities to be in such denominations and registered in such names as the
managing underwriter may request a reasonable amount of time prior to any sale
of the Registrable Securities;

 

(xiii)         provide
a CUSIP number for all Registrable Securities, not later than the applicable
Effective Time;

 

(xiv)        enter
into one or more underwriting agreements in customary form, including customary
provisions relating to indemnification and contribution, and use its reasonable
best efforts to take such other actions, if any, in connection therewith as any
Electing Holders aggregating at least 20% in aggregate principal amount of the
Registrable Securities at the time outstanding shall reasonably request in
order to expedite or facilitate the disposition of such Registrable Securities;

 

(xv)         if
requested by the Majority Electing Holders or if the offering contemplated by
the Shelf Registration is an underwritten offering, use its reasonable best
efforts to (A) make such representations and warranties to the Electing
Holders and the underwriters, if any, thereof in form, substance and scope as
are customarily made in connection with an offering of debt securities pursuant
to any underwriting agreement; (B) obtain an opinion of counsel to the
Company in customary form subject to customary limitations, assumptions and
exclusions and covering such matters, of the type customarily covered by such
an opinion, as the managing underwriters, if any, or as any

 

13

 

Electing Holders
of at least 20% in aggregate principal amount of the Registrable Securities at
the time outstanding may reasonably request, addressed to the Electing Holders
and the underwriters, if any, thereof and dated the effective date of such
Shelf Registration Statement (and if such Shelf Registration Statement
contemplates an underwritten offering of a part or all of the Registrable
Securities, dated the date of the closing under the underwriting agreement
relating thereto); (C) obtain a “cold comfort” letter or letters from the
independent certified public accountants of the Company addressed to the
selling Electing Holders or the underwriters, if any, thereof, dated
(i) the effective date of such Shelf Registration Statement and
(ii) if such Shelf Registration Statement contemplates an underwritten
offering, dated the date of the closing under the underwriting agreement
relating thereto, such letter or letters to be in customary form and covering
such matters of the type customarily covered by letters of such type, subject to
receipt of appropriate documentation as contemplated, and only if permitted, by
Statement of Auditing Standards No. 72; and (D) deliver such
customary documents and certificates, including officers’ certificates, as may
be reasonably requested by the Majority Electing Holders and the managing
underwriters, if any, thereof;

 

(xvi)        notify
in writing each holder of Registrable Securities of any proposal by the Company
to amend or waive any provision of this Exchange and Registration Rights
Agreement pursuant to Section 9(h) hereof and of any amendment or waiver
effected pursuant thereto, each of which notices shall contain the text of the
amendment or waiver proposed or effected, as the case may be;

 

(xvii)       in
the event that any broker-dealer registered under the Exchange Act shall
underwrite any Registrable Securities or participate as a member of an
underwriting syndicate (within the meaning of the Conduct Rules (the “Conduct
Rules”) of the National Association of Securities Dealers, Inc. (“NASD”) or any
successor thereto, as amended from time to time) thereof as an underwriter, use
reasonable best efforts to provide information to assist such broker-dealer in
complying with the requirements of such Conduct Rules; and

 

(xviii)      comply
in all material respects with all applicable rules and regulations of the
Commission, and make generally available to its securityholders as soon as
practicable but in any event not later than eighteen months after the effective
date of such Shelf Registration Statement, an earning statement of the Company
and its subsidiaries complying with Section 11(a) of the Securities Act
(including, at the option of the Company, Rule 158 thereunder).

 

(e)           In the event that the
Company would be required, pursuant to Section 3(d)(vii)(E) above, to
notify the Electing Holders and the managing underwriters, if any, thereof, the
Company shall as soon as practicable prepare and furnish to each of the
Electing Holders and to each such underwriter, if any, a reasonable number of
copies of a prospectus supplemented or amended so that, as thereafter delivered
to purchasers of Registrable Securities, such prospectus shall conform in all
material respects to the applicable requirements of the Securities Act and the
rules and regulations of the Commission thereunder and shall not contain an
untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances then

 

14

 

existing.  Each broker-dealer and Electing Holder
agrees that upon receipt of any notice from the Company pursuant to
Section 3(c)(iii)(E) or Section 3(d)(vii)(E) hereof, such
broker-dealer or Electing Holder shall forthwith discontinue the disposition of
Registrable Securities pursuant to the Exchange Registration Statement or Shelf
Registration Statement applicable to such Registrable Securities until such
broker-dealer or Electing Holder shall have received copies of such amended or
supplemented prospectus, and if so directed by the Company, such broker-dealer
or Electing Holder shall deliver to the Company (at the Company’s expense) all
copies, other than permanent file copies, then in such broker-dealer’s or
Electing Holder’s possession of the prospectus covering such Registrable
Securities at the time of receipt of such notice.

 

(f)            In the event of a
Shelf Registration, in addition to the information required to be provided by
each Electing Holder in its Notice and Questionnaire, the Company may require
such Electing Holder to furnish to the Company such additional information
regarding such Electing Holder and such Electing Holder’s intended method of
distribution of Registrable Securities as may be required in order to comply with
the Securities Act.  Each such Electing
Holder agrees to notify the Company as promptly as practicable of any
inaccuracy or change in information previously furnished by such Electing
Holder to the Company or of the occurrence of any event in either case as a
result of which any prospectus relating to such Shelf Registration contains or
would contain an untrue statement of a material fact regarding such Electing
Holder or such Electing Holder’s intended method of disposition of such
Registrable Securities or omits to state any material fact regarding such
Electing Holder or such Electing Holder’s intended method of disposition of
such Registrable Securities required to be stated therein or necessary to make
the statements therein not misleading in light of the circumstances then
existing, and promptly to furnish to the Company any additional information
required to correct and update any previously furnished information or required
so that such prospectus shall not contain, with respect to such Electing Holder
or the disposition of such Registrable Securities, an untrue statement of a
material fact or omit to state a material fact required to be stated therein or
necessary to make the statements therein not misleading in light of the
circumstances then existing.

 

4.             Registration Expenses.

 

The Company agrees
to bear and to pay or cause to be paid promptly all expenses incident to the
Company’s performance of or compliance with this Exchange and Registration
Rights Agreement, including (a) all Commission and any NASD registration,
filing and review fees and expenses including the reasonable fees and
disbursements of counsel for the underwriters, if any, in connection with such
registration, filing and review, (b) all fees and expenses in connection
with the qualification of the Securities for offering and sale under the State
securities and blue sky laws referred to in Section 3(d)(xi) hereof and
determination of their eligibility for investment under the laws of such
jurisdictions as any managing underwriters or the Electing Holders may
reasonably designate, including the reasonable fees and disbursements of
counsel for the Electing Holders or underwriters in connection with such
qualification and determination, (c) all expenses relating to the preparation,
printing, production, distribution and reproduction of each registration
statement required to be filed hereunder, each prospectus included therein or
prepared for distribution pursuant hereto, each amendment or supplement to the
foregoing, the expenses of preparing the Securities for delivery and the
expenses of printing or producing any underwriting agreements, agreements among
underwriters, selling agreements

 

15

 

and blue sky or legal
investment memoranda and all other documents in connection with the offering,
sale or delivery of Securities to be disposed of (including certificates
representing the Securities), (d) messenger, telephone and delivery
expenses relating to the offering, sale or delivery of Securities and the
preparation of documents referred in clause (c) above, (e) reasonable fees
and expenses of the Trustee under the Indenture, any agent of the Trustee and
any counsel for the Trustee and of any collateral agent or custodian,
(f) internal expenses (including all salaries and expenses of the
Company’s officers and employees performing legal or accounting duties),
(g) fees, disbursements and expenses of counsel of the Company and
independent certified public accountants of the Company (including the expenses
of any opinions or “cold comfort” letters required by or incident to such
performance and compliance), (h) reasonable fees, disbursements and
expenses of any “qualified independent underwriter” engaged pursuant to
Section 3(d)(xvii) hereof, (i) the reasonable fees, disbursements and
expenses of one counsel for the Electing Holders retained in connection with a
Shelf Registration, as selected by the Electing Holders of at least a majority
in aggregate principal amount of the Registrable Securities held by Electing
Holders (which counsel shall be reasonably satisfactory to the Company),
(j) any fees charged by securities rating services for rating the
Securities, and (k) fees, expenses and disbursements of any other persons,
including special experts, retained by the Company in connection with such
registration (collectively, the “Registration Expenses”).  To the extent that any Registration Expenses
are incurred, assumed or paid by any holder of Registrable Securities or any
placement or sales agent therefor or underwriter thereof, the Company shall
reimburse such person for the full amount of the Registration Expenses so
incurred, assumed or paid promptly after receipt of a request therefor.  Notwithstanding the foregoing, the holders
of the Registrable Securities being registered shall pay all agency fees and
commissions and underwriting discounts and commissions attributable to the sale
of such Registrable Securities and the fees and disbursements of any counsel or
other advisors or experts retained by such holders (severally or jointly),
other than the counsel and experts specifically referred to above.

 

5.             [Intentionally
Omitted.]

 

6.             Indemnification.

 

(a)           Indemnification by the Company.  The Company will indemnify and hold harmless
each of the broker-dealers whose Registrable Securities are included in an
Exchange Registration Statement and each of the Electing Holders of Registrable
Securities included in a Shelf Registration Statement against any losses,
claims, damages or liabilities, joint or several, to which such broker-dealer
or Electing Holder may become subject under the Securities Act or otherwise,
insofar as such losses, claims, damages or liabilities (or actions in respect
thereof) arise out of or are based upon an untrue statement or alleged untrue
statement of a material fact contained in any Exchange Registration Statement
or Shelf Registration Statement, as the case may be, under which such
Registrable Securities were registered under the Securities Act, or any
preliminary, final or summary prospectus contained therein or furnished by the
Company to any such broker-dealer or Electing Holder, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged
omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, and will reimburse
such broker-dealer or Electing Holder for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any such
action or claim as such expenses are

 

16

 

incurred; provided,
however, that (i) the Company shall not be liable to any such person in
any such case to the extent that any such loss, claim, damage or liability
arises out of or is based upon an untrue statement or alleged untrue statement
or omission or alleged omission made in such registration statement, or
preliminary, final or summary prospectus, or amendment or supplement thereto,
in reliance upon and in conformity with written information furnished to the
Company by such person expressly for use therein and (ii) with respect to
any untrue statement or alleged untrue statement or omission or alleged
omission made in a Shelf Registration Statement or prospectus or in any
amendment or supplement thereto or in any preliminary prospectus relating to a
Shelf Registration Statement, the indemnity agreement contained in this
Section 6(a) will not inure to the benefit of any broker-dealer or
Electing Holder from whom the person asserting any such loss, claim, damage or
liability purchased the Registrable Securities purchased concerned, to the
extent that at the time of such purchase such broker-dealer or Electing Holder
had received timely written advice from the Company prior to such purchase that
the use of such prospectus, amendment, supplement or preliminary prospectus was
suspended as provided in Section 3(e).

 

(b)           Indemnification by the Holders.  The Company may require, as a condition to
including any Registrable Securities in any registration statement filed
pursuant to Section 2(b) hereof, that the Company shall have received an
undertaking reasonably satisfactory to it from the Electing Holder of such
Registrable Securities, severally and not jointly, to (i) indemnify and
hold harmless the Company and all other holders of Registrable Securities,
against any losses, claims, damages or liabilities to which the Company or such
other holders of Registrable Securities may become subject, under the Securities
Act or otherwise, insofar as such losses, claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon an untrue statement
or alleged untrue statement of a material fact contained in such registration
statement, or any preliminary, final or summary prospectus contained therein or
furnished by the Company to any such Electing Holder, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged
omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, in each case to the
extent, but only to the extent, that such untrue statement or alleged untrue
statement or omission or alleged omission was made in reliance upon and in conformity
with written information furnished to the Company by such Electing Holder
expressly for use therein, and (ii) reimburse the Company for any legal or
other expenses reasonably incurred by the Company in connection with
investigating or defending any such action or claim as such expenses are
incurred; provided, however, that no such Electing Holder shall be required to
undertake liability to any person under this Section 6(b) for any amounts
in excess of the dollar amount of the proceeds to be received by such Electing
Holder from the sale of such Electing Holder’s Registrable Securities pursuant
to such registration.

 

(c)           Notices of Claims, Etc.  Promptly after receipt by an indemnified
party under subsection (a) or (b) above of written notice of the
commencement of any action, such indemnified party shall, if a claim in respect
thereof is to be made against an indemnifying party pursuant to the
indemnification provisions of or contemplated by this Section 6, notify
such indemnifying party in writing of the commencement of such action; but the
omission so to notify the indemnifying party shall not relieve it from any
liability which it may have to any indemnified party otherwise than under the
indemnification provisions of or contemplated by Section 6(a) or 6(b)
hereof.  In case any such action shall
be brought against any indemnified

 

17

 

party and it shall notify
an indemnifying party of the commencement thereof, such indemnifying party
shall be entitled to participate therein and, to the extent that it shall wish,
jointly with any other indemnifying party similarly notified, to assume the
defense thereof, with counsel reasonably satisfactory to such indemnified party
(who shall not, except with the consent of the indemnified party, be counsel to
the indemnifying party), and, after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof, such
indemnifying party shall not be liable to such indemnified party for any legal
expenses of other counsel or any other expenses, in each case subsequently
incurred by such indemnified party, in connection with the defense thereof
other than reasonable costs of investigation. 
No indemnifying party shall, without the written consent of the
indemnified party, effect the settlement or compromise of, or consent to the
entry of any judgment with respect to, any pending or threatened action or
claim in respect of which indemnification or contribution may be sought hereunder
(whether or not the indemnified party is an actual or potential party to such
action or claim) unless such settlement, compromise or judgment
(i) includes an unconditional release of the indemnified party from all
liability arising out of such action or claim and (ii) does not include a
statement as to or an admission of fault, culpability or a failure to act by or
on behalf of any indemnified party.

 

(d)           Contribution.  If for any reason the indemnification provisions contemplated by
Section 6(a) or Section 6(b) are unavailable to or insufficient to
hold harmless an indemnified party in respect of any losses, claims, damages or
liabilities (or actions in respect thereof) referred to therein, then each
indemnifying party shall contribute to the amount paid or payable by such
indemnified party as a result of such losses, claims, damages or liabilities
(or actions in respect thereof) in such proportion as is appropriate to reflect
the relative fault of the indemnifying party and the indemnified party in connection
with the statements or omissions which resulted in such losses, claims, damages
or liabilities (or actions in respect thereof), as well as any other relevant
equitable considerations.  The relative
fault of such indemnifying party and indemnified party shall be determined by
reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or omission or alleged omission to state a
material fact relates to information supplied by such indemnifying party or by
such indemnified party, and the parties’ relative intent, knowledge, access to
information and opportunity to correct or prevent such statement or
omission.  The parties hereto agree that
it would not be just and equitable if contributions pursuant to this
Section 6(d) were determined by pro rata allocation (even if the holders
or any agents or underwriters or all of them were treated as one entity for
such purpose) or by any other method of allocation which does not take account
of the equitable considerations referred to in this Section 6(d).  The amount paid or payable by an indemnified
party as a result of the losses, claims, damages, or liabilities (or actions in
respect thereof) referred to above shall be deemed to include any legal or
other fees or expenses reasonably incurred by such indemnified party in
connection with investigating or defending any such action or claim.  Notwithstanding the provisions of this
Section 6(d), no holder shall be required to contribute any amount in
excess of the amount by which the dollar amount of the proceeds received by
such holder from the sale of any Registrable Securities (after deducting any
fees, discounts and commissions applicable thereto) exceeds the amount of any
damages which such holder has otherwise been required to pay by reason of such
untrue or alleged untrue statement or omission or alleged omission.  No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities
Act) shall be entitled to contribution from any person who was not guilty of
such fraudulent misrepresentation.  The
holders’ and any

 

18

 

underwriters’ obligations in this Section 6(d) to contribute shall
be several in proportion to the principal amount of Registrable Securities
registered or underwritten, as the case may be, by them and not joint.

 

(e)           The obligations of the
Company under this Section 6 shall be in addition to any liability which
the Company may otherwise have and shall extend, upon the same terms and
conditions, to each officer, director and partner of each holder and each
person, if any, who controls any holder within the meaning of the Securities
Act; and the obligations of the holders contemplated by this Section 6
shall be in addition to any liability which the respective holder may otherwise
have and shall extend, upon the same terms and conditions, to each officer and
director of the Company (including any person who, with his consent, is named
in any registration statement as about to become a director of the Company) and
to each person, if any, who controls the Company within the meaning of the
Securities Act.

 

7.             Underwritten Offerings.

 

(a)           Selection of Underwriters.  If any of the Registrable Securities covered
by the Shelf Registration are to be sold pursuant to an underwritten offering,
the managing underwriter or underwriters thereof shall be designated by
Electing Holders holding at least a majority in aggregate principal amount of
the Registrable Securities to be included in such offering, subject to the
consent of the Company (which shall not be unreasonably withheld or delayed)
and such Electing Holders shall be responsible for all underwriting discounts
and commissions in connection therewith.

 

(b)           Participation by Holders.  Each holder of Registrable Securities hereby
agrees with each other such holder that no such holder may participate in any
underwritten offering hereunder unless such holder (i) agrees to sell such
holder’s Registrable Securities on the basis provided in any underwriting
arrangements approved by the persons entitled hereunder to approve such
arrangements and (ii) completes and executes all questionnaires, powers of
attorney, indemnities, underwriting agreements and other documents reasonably
required under the terms of such underwriting arrangements.

 

8.             Rule 144.

 

The Company
covenants to the holders of Registrable Securities that to the extent it shall
be required to do so under the Exchange Act, the Company shall timely file the
reports required to be filed by it under the Exchange Act or the Securities Act
(including the reports under Section 13 and 15(d) of the Exchange Act
referred to in subparagraph (c)(1) of Rule 144 adopted by the Commission
under the Securities Act) and the rules and regulations adopted by the
Commission thereunder, and shall take such further action as any holder of
Registrable Securities may reasonably request, all to the extent required from
time to time to enable such holder to sell Registrable Securities without
registration under the Securities Act within the limitations of the exemption
provided by Rule 144 under the Securities Act, as such Rule may be amended
from time to time, or any similar or successor rule or regulation hereafter
adopted by the Commission.  Upon the
request of any holder of Registrable Securities in connection with that
holder’s sale pursuant to Rule 144, the Company shall deliver to such
holder a written statement as to whether it has complied with such
requirements.  The Company will be
deemed

 

19

 

to have satisfied the foregoing requirements if either of the Company’s
parents, CDRV Holdings, Inc. or CDRV Investors, Inc. files such reports and
takes such actions of the types otherwise so required, in each case within the
applicable time periods.

 

9.             Miscellaneous.

 

(a)           No Inconsistent Agreements.  The Company represents, warrants, covenants
and agrees that it has not granted, and shall not grant, registration rights
with respect to Registrable Securities or any other securities which would be
inconsistent with the terms contained in this Exchange and Registration Rights
Agreement.

 

(b)           Specific Performance.  The parties hereto acknowledge that there
would be no adequate remedy at law if the Company fails to perform any of its
obligations hereunder and that the Purchasers and the holders from time to time
of the Registrable Securities may be irreparably harmed by any such failure,
and accordingly agree that the Purchasers and such holders, in addition to any
other remedy to which they may be entitled at law or in equity, shall be
entitled to compel specific performance of the obligations of the Company under
this Exchange and Registration Rights Agreement in accordance with the terms
and conditions of this Exchange and Registration Rights Agreement, in any court
of the United States or any State thereof having jurisdiction.

 

(c)           Notices. 
All notices, requests, claims, demands, waivers and other communications
hereunder shall be in writing and shall be deemed to have been duly given when
delivered by hand, if delivered personally or by courier, or three days after
being deposited in the mail (registered or certified mail, postage prepaid,
return receipt requested) as follows: 
If to the Company, to it at 1310 Goshen Parkway, P.O. Box 2656, West
Chester, Pennsylvania 19380, Attention: 
Secretary, with a copy to David A. Brittenham, Esq., Debevoise &
Plimpton LLP, 919 Third Avenue, New York, New York 10022, and if to a holder,
to the address of such holder set forth in the security register or other
records of the Company, or to such other address as the Company or any such
holder may have furnished to the other in writing in accordance herewith,
except that notices of change of address shall be effective only upon receipt.

 

(d)           Parties in Interest.  All the terms and provisions of this
Exchange and Registration Rights Agreement shall be binding upon, shall inure
to the benefit of and shall be enforceable by the parties hereto and the
holders from time to time of the Registrable Securities and the respective
successors and assigns of the parties hereto and such holders.  In the event that any transferee of any
holder of Registrable Securities shall acquire Registrable Securities, in any manner,
whether by gift, bequest, purchase, operation of law or otherwise, such
transferee shall, without any further writing or action of any kind, be deemed
a beneficiary hereof for all purposes and such Registrable Securities shall be
held subject to all of the terms of this Exchange and Registration Rights
Agreement, and by taking and holding such Registrable Securities such
transferee shall be entitled to receive the benefits of, and be conclusively
deemed to have agreed to be bound by all of the applicable terms and provisions
of this Exchange and Registration Rights Agreement.  If the Company shall so request, any such successor, assign or
transferee shall agree in writing to acquire and hold the Registrable
Securities subject to all of the applicable terms hereof.

 

20

 

(e)           Survival. 
The respective indemnities, agreements, representations, warranties and
each other provision set forth in this Exchange and Registration Rights
Agreement or made pursuant hereto shall remain in full force and effect
regardless of any investigation (or statement as to the results thereof) made
by or on behalf of any holder of Registrable Securities, any director, officer
or partner of such holder, any agent or underwriter or any director, officer or
partner thereof, or any controlling person of any of the foregoing, and shall
survive delivery of and payment for the Registrable Securities pursuant to the
Purchase Agreement and the transfer and registration of Registrable Securities
by such holder and the consummation of an Exchange Offer.

 

(f)            Governing Law.  This Exchange and Registration Rights Agreement shall be governed
by and construed in accordance with the laws of the State of New York.

 

(g)           Headings. 
The descriptive headings of the several Sections and paragraphs of this
Exchange and Registration Rights Agreement are inserted for convenience only,
do not constitute a part of this Exchange and Registration Rights Agreement and
shall not affect in any way the meaning or interpretation of this Exchange and
Registration Rights Agreement.

 

(h)           Entire Agreement; Amendments.  This Exchange and Registration Rights
Agreement and the other writings referred to herein (including the Indenture
and the form of Securities) or delivered pursuant hereto which form a part
hereof contain the entire understanding of the parties with respect to its
subject matter.  This Exchange and
Registration Rights Agreement supersedes all prior agreements and
understandings between the parties with respect to its subject matter.  This Exchange and Registration Rights
Agreement may be amended and the observance of any term of this Exchange and
Registration Rights Agreement may be waived (either generally or in a
particular instance and either retroactively or prospectively) only by a
written instrument duly executed by the Company and the holders of at least a
majority in aggregate principal amount of the Registrable Securities at the
time outstanding.  Each holder of any
Registrable Securities at the time or thereafter outstanding shall be bound by
any amendment or waiver effected pursuant to this Section 9(h), whether or
not any notice, writing or marking indicating such amendment or waiver appears
on such Registrable Securities or is delivered to such holder.

 

(i)            Counterparts.  This agreement may be executed by the parties in counterparts,
each of which shall be deemed to be an original, but all such respective
counterparts shall together constitute one and the same instrument.

 

If the foregoing
is in accordance with your understanding, please sign and return to us six
counterparts hereof, and upon the acceptance hereof by you, on behalf of each
of the Purchasers, this letter and such acceptance hereof shall constitute a
binding agreement between each of the Purchasers and the Company.  It is understood that your acceptance of
this letter on behalf of each of the Purchasers is pursuant to the authority
set forth in a form of Agreement among Purchasers, the form of which shall be
submitted to the Company for examination upon request, but without warranty on
your part as to the authority of the signers thereof.

 

[Signature Pages Follow]

 

21

 

	
   

  	
  Very truly yours,

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  CDRV Acquisition
  Corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ GEORGE K. JAQUETTE

  	
   

  
	
   

  	
   

  	
  Name:  George
  K. Jaquette

  
	
   

  	
   

  	
  Title:  Vice
  President and Treasurer

  

 

 

DEUTSCHE BANK SECURITIES
INC.

CITIGROUP GLOBAL MARKETS INC.

BANC OF AMERICA SECURITIES LLC

BNP PARIBAS SECURITIES CORP.

BARCLAYS CAPITAL INC.

PNC CAPITAL MARKETS, INC.

 

	
  By:

  	
   /s/ DAVID S. BAILEY

  	
   

  
	
   

  	
  (Deutsche Bank
  Securities Inc.)

  
	
   

  
	
   

  
	
  By:

  	
   /s/ MARK FEDERICK

  	
   

  
	
   

  	
  (Deutsche Bank
  Securities Inc.)

  
	
   

  	
   

  
	
  On behalf of each of
  the Purchasers

  

 

[Senior Notes Exchange
and Registration Rights Agreement]

 

 

Exhibit A

 

VWR International, Inc.

 

INSTRUCTION TO DTC PARTICIPANTS

 

(Date of Mailing)

 

URGENT - IMMEDIATE
ATTENTION REQUESTED

 

DEADLINE FOR
RESPONSE:  [DATE](a)

 

The Depository Trust
Company (“DTC”) has identified you as a DTC Participant through which
beneficial interests in the VWR International, Inc. (the “Company”) 6 7/8%
Senior Notes due 2012 (the “Securities”) are held.

 

The Company is in the
process of registering the Securities under the Securities Act of 1933 for
resale by the beneficial owners thereof. 
In order to have their Securities included in the registration
statement, beneficial owners must complete and return the enclosed Notice of
Registration Statement and Selling Securityholder Questionnaire.

 

It is important that
beneficial owners of the Securities receive a copy of the enclosed materials as
soon as possible as their rights to have the Securities
included in the registration statement depend upon their returning the Notice
and Questionnaire by [Deadline For Response]. 
Please forward a copy of the enclosed documents to each beneficial owner
that holds interests in the Securities through you.  If you require more copies of the enclosed materials or have any
questions pertaining to this matter, please contact VWR International, Inc.,
1310 Goshen Parkway, P.O. Box 2656, West Chester, Pennsylvania 19380,
Attention:  Secretary, (610) 431-1700.

 

(a)    Not less
than 28 calendar days from date of mailing.

 

A-1

 

VWR International, Inc.

 

Notice of Registration
Statement

and

Selling Securityholder Questionnaire

 

(Date)

 

Reference is
hereby made to the Exchange and Registration Rights Agreement (the “Exchange
and Registration Rights Agreement”) between VWR International, Inc. (the
“Company”) and the Purchasers named therein. 
Pursuant to the Exchange and Registration Rights Agreement, the Company
has filed with the United States Securities and Exchange Commission (the
“Commission”) a registration statement on Form
[       ] (the “Shelf Registration
Statement”) for the registration and resale under Rule 415 of the
Securities Act of 1933, as amended (the “Securities Act”), of the Company’s
6 7/8% Senior Notes due 2012 (the “Securities”).  A copy of the Exchange and Registration Rights Agreement is
attached hereto.  All capitalized terms
not otherwise defined herein shall have the meanings ascribed thereto in the
Exchange and Registration Rights Agreement.

 

Each beneficial
owner of Registrable Securities (as defined below) is entitled to have the
Registrable Securities beneficially owned by it included in the Shelf
Registration Statement.  In order to
have Registrable Securities included in the Shelf Registration Statement, this
Notice of Registration Statement and Selling Securityholder Questionnaire
(“Notice and Questionnaire”) must be completed, executed and delivered to the
Company’s counsel at the address set forth herein for receipt ON OR BEFORE
[Deadline for Response].  Beneficial
owners of Registrable Securities who do not complete, execute and return this
Notice and Questionnaire by such date (i) will not be named as selling
securityholders in the Shelf Registration Statement and (ii) may not use
the Prospectus forming a part thereof for resales of Registrable Securities.

 

Certain legal
consequences arise from being named as a selling securityholder in the Shelf
Registration Statement and related Prospectus. 
Accordingly, holders and beneficial owners of Registrable Securities are
advised to consult their own securities law counsel regarding the consequences
of being named or not being named as a selling securityholder in the Shelf
Registration Statement and related Prospectus.

 

The term “Registrable
Securities” is defined in the Exchange and Registration Rights Agreement.

 

A-2

 

ELECTION

 

The undersigned
holder (the “Selling Securityholder”) of Registrable Securities hereby elects
to include in the Shelf Registration Statement the Registrable Securities
beneficially owned by it and listed below in Item (3).  The undersigned, by signing and returning
this Notice and Questionnaire, agrees to be bound with respect to such
Registrable Securities by the terms and conditions of this Notice and
Questionnaire and the Exchange and Registration Rights Agreement, including,
without limitation, Section 6 of the Exchange and Registration Rights
Agreement, as if the undersigned Selling Securityholder were an original party
thereto.

 

Upon any sale of
Registrable Securities pursuant to the Shelf Registration Statement, the
Selling Securityholder will be required to deliver to the Company and Trustee
the Notice of Transfer set forth in Appendix A to the Prospectus and as Exhibit
B to the Exchange and Registration Rights Agreement.

 

The Selling
Securityholder hereby provides the following information to the Company and
represents and warrants that such information is accurate and complete:

 

A-3

 

QUESTIONNAIRE

 

(1)           (a)           Full Legal Name of
Selling Securityholder:

 

(b)           Full
Legal Name of Registered Holder (if not the same as in (a) above) of
Registrable Securities Listed in Item (3) below:

 

(c)           Full
Legal Name of DTC Participant (if applicable and if not the same as (b) above)
Through Which Registrable Securities Listed in Item (3) below are Held:

 

(2)           Address
for Notices to Selling Securityholder:

 

 

 

 

 

 

Telephone:

 

Fax:

 

Contact
Person:

 

(3)           Beneficial
Ownership of Securities:

 

Except
as set forth below in this Item (3), the undersigned does not beneficially own
any Securities.

 

(a)           Principal
amount of Registrable Securities beneficially owned:

CUSIP No(s). of such Registrable Securities:

 

 

(b)           Principal
amount of Securities other than Registrable Securities beneficially owned:

 

CUSIP No(s). of
such other Securities:

 

(c)           Principal
amount of Registrable Securities which the undersigned wishes to be included in
the Shelf Registration Statement:             

CUSIP No(s). of such Registrable Securities to be included in the Shelf
Registration Statement:

 

(4)           Beneficial
Ownership of Other Securities of the Company:

 

A-4

 

Except
as set forth below in this Item (4), the undersigned Selling Securityholder is
not the beneficial or registered owner of any other securities of the Company,
other than the Securities listed above in Item (3).

 

State
any exceptions here:

 

(5)           Relationships
with the Company:

 

Except
as set forth below, neither the Selling Securityholder nor any of its
affiliates, officers, directors or principal equity holders (5% or more) has
held any position or office or has had any other material relationship with the
Company (or its predecessors or affiliates) during the past three years.

 

State
any exceptions here:

 

(6)           Plan of
Distribution:

 

Except
as set forth below, the undersigned Selling Securityholder intends to
distribute the Registrable Securities listed above in Item (3) only as follows
(if at all):  Such Registrable
Securities may be sold from time to time directly by the undersigned Selling
Securityholder or, alternatively, through underwriters, broker-dealers or
agents.  Such Registrable Securities may
be sold in one or more transactions at fixed prices, at prevailing market
prices at the time of sale, at varying prices determined at the time of sale,
or at negotiated prices.  Such sales may
be effected in transactions (which may involve crosses or block transactions)
(i) on any national securities exchange or quotation service on which the
Registered Securities may be listed or quoted at the time of sale, (ii) in
the over-the-counter market, (iii) in transactions otherwise than on such
exchanges or services or in the over-the-counter market, or (iv) through
the writing of options.  In connection
with sales of the Registrable Securities or otherwise, the Selling
Securityholder may enter into hedging transactions with broker-dealers, which
may in turn engage in short sales of the Registrable Securities in the course
of hedging the positions they assume. 
The Selling Securityholder may also sell Registrable Securities short
and deliver Registrable Securities to close out such short positions, or loan
or pledge Registrable Securities to broker-dealers that in turn may sell such
securities.

 

State
any exceptions here:

 

By signing below,
the Selling Securityholder acknowledges that it understands its obligation to
comply, and agrees that it will comply, with the provisions of the Exchange Act
and the rules and regulations thereunder, particularly Regulation M.

 

In the event that
the Selling Securityholder transfers all or any portion of the Registrable
Securities listed in Item (3) above after the date on which such information is
provided to the Company, the Selling Securityholder agrees to notify the
transferee(s) at the time of the transfer of its rights and obligations under
this Notice and Questionnaire and the Exchange and Registration Rights Agreement.

 

A-5

 

By signing below,
the Selling Securityholder consents to the disclosure of the information
contained herein in its answers to Items (1) through (6) above and the
inclusion of such information in the Shelf Registration Statement and related
Prospectus.  The Selling Securityholder
understands that such information will be relied upon by the Company in
connection with the preparation of the Shelf Registration Statement and related
Prospectus.

 

In accordance with
the Selling Securityholder’s obligation under Section 3(d) of the Exchange
and Registration Rights Agreement to provide such information as may be
required by law for inclusion in the Shelf Registration Statement, the Selling
Securityholder agrees to promptly notify the Company of any inaccuracies or
changes in the information provided herein which may occur subsequent to the
date hereof at any time while the Shelf Registration Statement remains in
effect.  All notices hereunder and
pursuant to the Exchange and Registration Rights Agreement shall be made in
writing, by hand-delivery, first-class mail, or air courier guaranteeing
overnight delivery as follows:

 

(i)            To the Company:

 

VWR International,
Inc.

1310 Goshen Parkway, P.O. Box 2656

West Chester, Pennsylvania 19380

Attention:  Secretary

 

(ii)           With a copy to:

 

David A.
Brittenham, Esq.

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

 

Once this Notice
and Questionnaire is executed by the Selling Securityholder and received by the
Company’s counsel, the terms of this Notice and Questionnaire, and the
representations and warranties contained herein, shall be binding on, shall
inure to the benefit of and shall be enforceable by the respective successors,
heirs, personal representatives, and assigns of the Company and the Selling
Securityholder (with respect to the Registrable Securities beneficially owned
by such Selling Securityholder and listed in Item (3) above).  This Agreement shall be governed in all
respects by the laws of the State of New York.

 

IN WITNESS
WHEREOF, the undersigned, by authority duly given, has caused this Notice and
Questionnaire to be executed and delivered either in person or by its duly
authorized agent.

 

A-6

 

Dated:

 

	
   

  
	
  Selling Securityholder

  
	
  (Print/type full legal
  name of beneficial owner of Registrable Securities)

  
	
   

  
	
  By:

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

A-7

 

PLEASE RETURN THE
COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT ON OR BEFORE
[DEADLINE FOR RESPONSE] TO THE COMPANY’S COUNSEL AT:

 

David A.
Brittenham, Esq.

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

 

A-8

 

Exhibit B

 

NOTICE OF TRANSFER
PURSUANT TO REGISTRATION STATEMENT

 

Wells Fargo Bank,
National Association

VWR International, Inc.

c/o Wells Fargo Bank, National Association

213 Court Street, Suite 703

Middletown, Connecticut  06457

 

 

Attention:  Trust Officer

 

Re:          VWR
International, Inc. (the “Company”) 

               6 7/8%
Senior Notes due 2012

 

Dear Sirs:

 

Please be advised
that
                                    
has transferred $
                              
aggregate principal amount of the above-referenced Notes pursuant to an effective
Registration Statement on Form
[          ] (File
No. 333-) filed by the Company.

 

We hereby certify that
the prospectus delivery requirements, if any, of the Securities Act of 1933, as
amended, have been satisfied and that the above-named beneficial owner of the
Notes is named as a “Selling Holder” in the Prospectus dated [date] or in
supplements thereto, and that the aggregate principal amount of the Notes
transferred are the Notes listed in such Prospectus opposite such owner’s name.

 

	
  Dated:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Very truly yours,

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  (Name)

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  (Authorized Signature)

  	
   

  
				

 

B-1

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