Exhibit 8
AMENDMENT NO. 1
TO THE
INVESTORS' AGREEMENT
This Amendment No. 1, dated as of May 14, 2000, effective as of January
21, 1998 (this "Amendment No. 1"), to the Investors' Agreement, dated as of
January 21, 1998, amended and restated as of March 29, 1999 (the "Investors'
Agreement"), among (i) Xxxxxx Scientific International, Inc. (the "Company"),
(ii) Xxxxxx X. Xxx Equity Fund III, L.P. ("THL"), certain individuals
associated with THL listed on Schedule I attached hereto, THL-CCI Limited
Partnership ("THL-CCI"), THL Foreign Fund III, L.P. and THL FSI Equity
Investors, L.P. ("THL/FSI" and collectively with THL, the individuals listed on
Schedule I, THL-CCI, and THL Foreign Fund III, L.P., the "THL Entities"), (iii)
DLJ Merchant Banking Partners II, L.P. ("DLJMB"), DLJ Offshore Partners II,
C.V., DLJ Diversified Partners, L.P., DLJMB Funding II, Inc., DLJ Merchant
Banking Partners II - A, L.P., DLJ Diversified Partners - A, L.P., DLJ
Millennium Partners, L.P., DLJ Millennium Partners - A, L.P., UK Investment
Plan 1997 Partners, DLJ EAB Partners, L.P., DLJ ESC II, L.P., and DLJ First
ESC, L.P. (collectively the "DLJ Entities"), (iv) Chase Equity Associates,
L.P. ("Chase Equity"), (v) Xxxxxxx Xxxxx KECALP L.P. 1997, KECALP INC., and ML
IBK Positions, Inc., (collectively, the "Xxxxxxx Xxxxx Entities" and, together
with each other entity listed in clauses (iii) and (iv), the "Institutional
Shareholders" and, collectively with (ii), the "Equity Investors") and (vi)
certain other Persons listed on the signature pages hereof (including the trust
pursuant to the Trust Agreement, dated of even date herewith, between the
Company and Mellon Bank, N.A., as trustee (the "Rabbi Trust")) (the "Management
Shareholders" and individually, along with the THL Entities, DLJ Entities,
Chase Equity, and Xxxxxxx Xxxxx Entities, each a "Shareholder").
W I T N E S S E T H :
WHEREAS, the parties hereto desire to amend the Investors' Agreement to
clarify the parties' intention with respect to certain management rights of the
THL Entities;
WHEREAS, the parties had intended at the time of the execution of the
Investors' Agreement that THL/FSI would be entitled to nominate one of the four
directors to the Board that THL is entitled to nominate pursuant to Section 2.1
of the Investors' Agreement;
WHEREAS, pursuant to Section 7.4(a) of the Investors' Agreement, the Board
of Directors and the holders of at least 50% of the shares of Common
Stock held by the parties to the Investors' Agreement at the time of this
Amendment No. 1 are required to approve this Amendment No. 1; and
WHEREAS, terms used herein but not otherwise defined herein shall have the
respective meanings given such terms in the Investors' Agreement;
NOW, THEREFORE, in consideration of the mutual promises and agreements
herein contained and other good and valuable consideration, the receipt of
which is hereby acknowledged, it is agreed by and between the parties hereto as
follows:
1. The first sentence of Section 2.1 of the Investors' Agreement shall be
replaced in its entirety with the follow sentence:
The Board shall consist of at least nine, but no more than ten, members
(two of which shall be individuals which are not "Affiliates" or
"Associates" (as those terms are used within the meaning Rule 12b-2 of the
General Rules and Regulations under the Exchange Act) of any Shareholder
or its Affiliates), of whom three shall be nominated by THL, one shall be
nominated by THL/FSI, one shall be nominated by DLJMB, one shall be Xxxx
X. Xxxxxxxx and one shall be Xxxx X. Xxxxxxx.
2
This Amendment No. 1 may be executed in counterparts, each of which shall
be deemed to be an original but all of which together shall constitute one and
the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to
be duly executed by their respective authorized officers as of the day and year
first above written.
XXXXXX SCIENTIFIC INTERNATIONAL INC.
By: /s/ Xxxx X. XxXxxxx
--------------------------------------------
Name: Xxxx X. XxXxxxx
Title: Vice President, General Counsel and
Secretary
THL Equity Shareholders:
XXXXXX X. XXX EQUITY FUND III, L.P.
By: THL Equity Advisors III Limited
Partnership, as General Partner
By: THL Equity Trust III,
as General Partner
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxx X. Xxxxxx
Title:
XXXXXX X. XXX FOREIGN FUND III, L.P.
By: THL Equity Advisors III Limited
Partnership, as General Partner
By: THL Equity Trust III,
as General Partner
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxx X. Xxxxxx
Title:
THL FSI EQUITY INVESTORS, L.P.
By: THL Equity Advisors III
Limited Partnership,
as General Partner
By: THL Equity Trust III,
as General Partner
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxx X. Xxxxxx
Title:
THL-CCI LIMITED PARTNERSHIP
By: THL Investment Management Corp.,
as General Partner
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxx X. Xxxxxx
Title:
Management Shareholders:
By: /s/ Xxxx X. Xxxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxxx
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
By: /s/ Xxxx X. XxXxxxx
--------------------------------------------
Name: Xxxx X. XxXxxxx
DLJ Entities' Shareholders:
DLJ MERCHANT BANKING PARTNERS II, L.P.
By: DLJ Merchant Banking II, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ MERCHANT BANKING PARTNERS II-A, L.P.
By: DLJ Merchant Banking II, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ OFFSHORE PARTNERS II, C.V.
By: DLJ Merchant Banking II, Inc.,
as advisory general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ DIVERSIFIED PARTNERS, L.P.
By: DLJ Diversified Partners, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ DIVERSIFIED PARTNERS - A, L.P.
By: DLJ Diversified Partners, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ MILLENNIUM PARTNERS, L.P.
By: DLJ Merchant Banking II, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ MILLENNIUM PARTNERS - A, L.P.
By: DLJ Merchant Banking II, Inc.,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJMB FUNDING II, INC.
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
UK INVESTMENT PLAN 1997 PARTNERS
By: Xxxxxxxxx, Xxxxxx & Xxxxxxxx Inc.,
as general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ EAB PARTNERS, L.P.
By: DLJ LBO Plans Management Corporation,
as managing general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ ESC II, L.P.
By: DLJ LBO Plans Management Corporation,
as general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
DLJ FIRST ESC, L.P.
By: DLJ LBO Plans Management Corporation,
as general partner
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxx X. Xxxxxxx
Title:
The address for each of the DLJ
Entities listed above is:
c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Fax: (000) 000-0000
Xxxxxxx Xxxxx Entities:
ML IBK POSITIONS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
KECALP INC., as nominee for Xxxxxxx Xxxxx
KECALP International L.P. 1997
By: /s/ Xxxxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
XXXXXXX XXXXX KECALP L.P. 1997
By: KECALP Inc., as general partner
By: /s/ Xxxxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
The address for each of the Xxxxxxx
Xxxxx Enti ties listed above is:
000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: (000) 000-0000
Individual Shareholders:
By: /s/ Xxxxx X. Xxxxxxx
-------------------------------------------
Name: Xxxxx X. Xxxxxxx
By: /s/ Xxxxxxx X. Xxxxxxx
-------------------------------------------
Name: The 1995 Harkins Gift Trust
By: /s/ Xxxxxx X. Xxxxxxxx
-------------------------------------------
Name: Xxxxxx X. Xxxxxxxx
Money Purchase Pension Plan
By: /s/ Xxxxx X. Xxxxxx
-------------------------------------------
Name: Xxxxx X. Xxxxxx
By: /s/ X. Xxxxxx Xxxx
-------------------------------------------
Name: X. Xxxxxx Xxxx
By: /s/ Xxxxx X. Xxxxxxxx
-------------------------------------------
Name: Xxxxx X. Xxxxxxxx
By: /s/ Xxxxx X. Xxxxxxxx
-------------------------------------------
Name: Xxxxxxxx Family Limited
Partnership
By: /s/ Xxxxxxx X. XxXxxx
-------------------------------------------
Name: Xxxxxxx X. XxXxxx
By: /s/ Xxxxxx X. Xxxxxxx
-------------------------------------------
Name: Xxxxxx X. Xxxxxxx
By: /s/ Xxxxxx X. Xxxxx, Xx.
-------------------------------------------
Name: Xxxxxx X. Xxxxx, Xx.
By: /s/ Xxxx X. Xxxxx
-------------------------------------------
Name: Xxxx X. Xxxxx
By: /s/ Xxxxxx X. Xxxxxxxxx
-------------------------------------------
Name: Xxxxxx X. Xxxxxxxxx
By: /s/ Xxxx X. Xxxxxx
-------------------------------------------
Name: Xxxx X. Xxxxxx
By: /s/ Xxxxxxxx X. Xxxxxx
-------------------------------------------
Name: Xxxxxxxx X. Xxxxxx
By: /s/ Xxxx X. Xxxxxxxx
-------------------------------------------
Name: Xxxx X. Xxxxxxxx
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxx X. Xxxxxx
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Name: THL-CCI Limited Partnership
By: Xxxxx X. Master
Title: Vice President
By: /s/ Xxxxxx X. Xxxxxxx
-------------------------------------------
Name: Xxxxxx X. Xxxxxxx
By:
-------------------------------------------
Name: First Trust Co. FBO
Xxxxxxxx X. Xxxxx
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------------
Name: Xxxxxxx Xxxxxx
By: /s/ Xxxxx Xxxxxx
--------------------------------------------
Name: Xxxxx Xxxxxx
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Schedule I
Certain Named Individual Shareholders of THL
Xxxxx X. Xxxxxxx
The 1995 Harkins Gift Trust
Xxxxxx X. Xxxxxxxx Money Purchase Pension Plan (Xxxxx)
Xxxxx X. Xxxxxx
X. Xxxxxx Xxxx
Xxxxx X. Xxxxxxxx
Xxxxxxxx Family Limited Partnership
Xxxxxxx X. XxXxxx
Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxx, Xx.
Xxxx X. Xxxxx
Xxxxxx X. Xxxxxxxxx
Xxxx X. Xxxxxx
Xxxxxxxx X. Xxxxxx
Xxxx X. Xxxxxxxx
Xxxxx X. Xxxxxx
Xxxxxx X. Xxxxxxx
First Trust Co. FBO Xxxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxxx
Xxxxx Xxxxxx
Xxxxxxx X. Xxxxxxx
