<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Tyco International Ltd.
--------------------------------
(Name of Issuer)
Common Stock, par value $.50 per share
--------------------------------
(Title of Class of Securities)
902120 10
(CUSIP Number)
Alberto Cribiore
c/o The Clayton & Dubilier Private David A. Brittenham
Equity Fund IV Limited Partnership Debevoise & Plimpton
270 Greenwich Avenue 875 Third Avenue
Greenwich, Connecticut 06830 New York, NY10022
(203) 661-3998 (212) 909-6000
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 26, 1995
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with this statement. / / (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosure provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 (the "Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
<PAGE> 2
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons The Clayton & Dubilier Private
S.S. or I.R.S. Identifica- Equity Fund IV Limited
tion Nos. of Above Persons Partnership
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization Connecticut
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person PN
- --------------------------------------------------------------------------------
Page 2 of 20
<PAGE> 3
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons The Clayton & Dubilier Associates
S.S. or I.R.S. Identifica- IV Limited Partnership
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization Connecticut
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person PN
- --------------------------------------------------------------------------------
Page 3 of 20
<PAGE> 4
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons B. Charles Ames
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 4 of 20
<PAGE> 5
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons William A. Barbe
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 5 of 20
<PAGE> 6
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Alberto Cribiore
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization Italy
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially 0
Owned by Each ------------------------------------------------------
Reporting Person (8) Shared Voting
with Power 4,745,358 (see item 5)
------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,745,358 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,745,358 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 6 of 20
<PAGE> 7
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Donald J. Gogel
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 7 of 20
<PAGE> 8
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Leon J. Hendrix, Jr.
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 8 of 20
<PAGE> 9
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Hubbard C. Howe
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 9 of 20
<PAGE> 10
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Andrall E. Pearson
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,719,710 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,719,710 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 10 of 20
<PAGE> 11
CUSIP No. 902120 10 13D
- --------------------------------------------------------------------------------
1. Names of Reporting Persons Joseph L. Rice, III
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a)
if a Member of a Group -------------------------------------
(b)
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00 (see item 3)
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6. Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
0
Beneficially ------------------------------------------------------
Owned by Each (8) Shared Voting
Reporting Person Power 4,745,358 (see item 5)
with ------------------------------------------------------
(9) Sole Dispositive Power
0
------------------------------------------------------
(10) Shared Dispositive
Power 4,745,358 (see item 5)
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,745,358 (see item 5)
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares
- --------------------------------------------------------------------------------
13. Percent of Class Represented
by Amount in Row (11) 6.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person IN
- --------------------------------------------------------------------------------
Page 11 of 20
<PAGE> 12
AMENDMENT NO. 1 TO STATEMENT ON SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 1 to Schedule 13D relates to the common
stock, par value $.50 per share ("Common Stock"), of Tyco International Ltd., a
Massachusetts corporation (the "Issuer"). The principal executive office of
the Issuer is located at One Tyco Park, Exeter, New Hampshire 03833.
ITEM 2. IDENTITY AND BACKGROUND.
No change except the following:
Schedule A to the Schedule 13D filed by The Clayton & Dubilier
Private Equity Fund IV Limited Partnership ("Fund IV"), Clayton & Dubilier
Associates IV Limited Partnership ("Associates IV") and the other reporting
persons listed on Schedule A thereto, is hereby replaced by Schedule A attached
hereto. Each of such persons is a general partner of Associates IV, has a
business address at the address of Fund IV, 270 Greenwich Avenue, Greenwich,
Connecticut 06830, and (except for Alberto Cribiore, who is a permanent
resident alien who has retained his Italian citizenship) is a citizen of the
United States of America.
ITEM 4. PURPOSE OF TRANSACTION.
The securities of the Issuer to which this statement relates
were acquired pursuant to the Merger (the terms of which were described in the
Joint Proxy Statement, dated September 21, 1994, of the Issuer and Kendall
International, Inc. ("Kendall")). Depending upon Fund IV's evaluation of the
Issuer's business and prospects and upon future developments, market conditions
and alternative investment opportunities and uses of funds, Fund IV may
determine to increase, decrease or dispose of its holdings of Tyco's securities
(other than the shares of Common Stock beneficially owned by Fund IV that are
subject to the Equity Reallocation Agreement (as defined in Item 5)) in one or
more privately negotiated or open-market transactions or otherwise, on such
terms and at such times as Fund IV considers desirable, including pursuant to
the exercise of certain demand registration rights with respect to a public
offering of all or part of the shares of Common Stock owned by Fund IV. Fund
IV has requested that the Issuer register all of such shares for sale in
an underwritten public offering, and the Issuer has announced that it intends
to effect such registration. Fund IV has no other current plans or
proposals that relate to or would result in any of the actions set forth in
subparagraphs (a)-(j) of the instructions to Item 4.
Page 12 of 20
<PAGE> 13
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
No change except the following:
As of January 4, 1995, Fund IV was the beneficial owner,
pursuant to Rule 13d-3(d)(1)(i) under the Act, of 4,719,710 shares of Common
Stock (the "Fund Shares") by virtue of its ownership of 4,676,889 shares of
Common Stock and of (i) warrants (the "A Warrants") representing the right to
purchase 17,400 shares of Common Stock1 pursuant to the related Warrant
Agreement, dated as of July 7, 1992, as amended (the "A Warrant Agreement"),
between the Issuer (as successor in interest to Kendall) and Mellon Bank, N.A.,
as successor warrant agent, (ii) warrants (the "B Warrants") representing the
right to purchase 18,608 shares of Common Stock pursuant to the related Warrant
Agreement, dated as of July 7, 1992, as amended (the "B Warrant Agreement"),
between the Issuer (as successor in interest to Kendall) and Mellon Bank, N.A.,
as successor warrant agent, and (iii) rights ("Reallocation Rights") to
purchase 10,511 shares of Common Stock pursuant to the Equity Reallocation
Agreement, dated as of July 7, 1992, as amended (the "Equity Reallocation
Agreement"), among the Issuer (as successor in interest to Kendall), certain
shareholders of Kendall (now shareholders of Tyco) and Mellon Bank, N.A. as
successor escrow agent (the "Escrow Agent"). Of the 4,676,889 shares of Common
Stock owned by Fund IV, 22,889 shares1 are deposited with the Escrow Agent and
may be purchased by holders of Reallocation Rights in accordance with the
Equity Reallocation Agreement. Accordingly, Fund IV has the power to vote, but
not to dispose of, such 22,889 shares. The number of shares held by Fund IV
has decreased by 996 shares since the filing of the Schedule 13D on November 4,
1994, as a result of the exercise of Reallocation Rights held by third parties.
The Fund Shares constitute 6.4%2 of the outstanding shares of Common Stock.
_____________________
1. This amount includes 3,698 shares of Common Stock
that Fund IV currently beneficially owns but would be
required to transfer, pursuant to the Equity Reallocation
Agreement referred to in the text, upon the exercise of
the 10,511 Reallocation Rights (as defined in the text)
held by it.
2. This percentage gives effect to the exercise of the
Reallocation Rights held by Fund IV net of the 3,698
shares of Common Stock that Fund IV currently beneficially
owns but would be required to transfer, pursuant to the
Equity Reallocation Agreement, upon the exercise of the
10,511 Reallocation Rights held by it.
Page 13 of 20
<PAGE> 14
Associates IV is the sole general partner of Fund IV.
Messrs. Ames, Barbe, Cribiore, Gogel, Hendrix, Howe, Pearson and Rice are
general partners of Associates IV and, as such, share the power to direct the
vote and disposition of the securities held by Fund IV. Pursuant to Rule
13d-3(a) under the Act, Messrs. Ames, Barbe, Cribiore, Gogel, Hendrix, Howe,
Pearson and Rice may be deemed to be the beneficial owners of the shares of
Common Stock and other securities of Tyco owned by Fund IV. Each of Messrs.
Ames, Barbe, Cribiore, Gogel, Hendrix, Howe, Pearson and Rice expressly
disclaims such beneficial ownership.
Messrs. Cribiore and Rice are also general partners of
Associates III and, as such, share the power to direct the vote and disposition
of the securities held by Associates III. As of the close of business on
January 26, 1995, Associates III was the beneficial owner, pursuant to Rule
13d-3(d)(1)(i) under the Act, of 25,648 shares of Common Stock (the "Associates
III Shares") by virtue of its ownership of (i) A Warrants representing the
right to purchase 9,393 shares of Common Stock pursuant to the A Warrant
Agreement, (ii) B Warrants representing the right to purchase 10,239 shares of
Common Stock pursuant to the B Warrant Agreement and (iii) Reallocation Rights
to purchase 6,016 shares of Common Stock pursuant to the Equity Reallocation
Agreement. Pursuant to Rule 13d-3(a) under the Act, Messrs. Cribiore and Rice
may be deemed to be the beneficial owners of the securities of Tyco owned by
Associates III. Each of Messrs. Cribiore and Rice expressly disclaims such
beneficial ownership. The Associates III Shares and the Fund Shares together
constitute 6.4%3 of the outstanding shares of Common Stock.
_________________________
3. This percentage gives effect to the exercise of the
Reallocation Rights held by Fund IV net of the 3,698
shares of Common Stock that Fund IV currently beneficially
owns but would be required to transfer, pursuant to the
Equity Reallocation Agreement, upon the exercise of the
10,511 Reallocation Rights held by it.
Page 14 of 20
<PAGE> 15
Signature
---------
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: January 30, 1995
THE CLAYTON & DUBILIER PRIVATE
EQUITY FUND IV LIMITED PARTNERSHIP
By: CLAYTON & DUBILIER ASSOCIATES
IV LIMITED PARTNERSHIP,
General Partner
By: /s/ Alberto Cribiore
---------------------------------
Alberto Cribiore
General Partner
CLAYTON & DUBILIER ASSOCIATES
IV LIMITED PARTNERSHIP
By: /s/ Alberto Cribiore
-----------------------------------
Alberto Cribiore
General Partner
CLAYTON & DUBILIER ASSOCIATES
III LIMITED PARTNERSHIP
By: /s/ Alberto Cribiore
-----------------------------------
Alberto Cribiore
General Partner
*
------------------------------------
B. Charles Ames
**
------------------------------------
William A. Barbe
/s/ Alberto Cribiore
------------------------------------
Alberto Cribiore
Page 15 of 20
<PAGE> 16
*
----------------------------------------
Donald J. Gogel
**
----------------------------------------
Leon J. Hendrix, Jr.
*
----------------------------------------
Hubbard C. Howe
**
----------------------------------------
Andrall E. Pearson
*
----------------------------------------
Joseph L. Rice, III
* By Power of Attorney granted on November 4, 1994 and filed as Schedule
C to the Schedule 13D filed on November 4, 1994.
** By Power of Attorney granted on January 30, 1994 and filed as Schedule
C hereto.
Page 16 of 20
<PAGE> 17
Schedule A
<TABLE>
<CAPTION>
Present Principal
Name Occupation/Employment
- ---- ---------------------
<S> <C>
B. Charles Ames Principal of Clayton, Dubilier & Rice,
Inc. ("CD&R"), a New York-based private
investment firm located at 126 East 56th
Street, New York, New York 10022, which
manages Fund IV.
William A Barbe Principal of CD&R.
Alberto Cribiore Principal of CD&R.
Donald J. Gogel Principal of CD&R.
Leon J. Hendrix, Jr. Principal of CD&R.
Hubbard C. Howe Principal of CD&R.
Andrall E. Pearson Principal of CD&R.
Joseph L. Rice, III Principal of CD&R.
</TABLE>
Page 17 of 20
<PAGE> 18
Schedule B
Pursuant to Rule 13d-1(f)(1)(iii) promulgated under the
Securities Exchange Act of 1934, as amended, the undersigned agree that the
statement to which this Schedule is attached is filed on behalf of each of them
in the capacities set forth below.
Dated: January 30, 1995
THE CLAYTON & DUBILIER PRIVATE
EQUITY FUND IV LIMITED PARTNERSHIP
By: CLAYTON & DUBILIER ASSOCIATES
IV LIMITED PARTNERSHIP,
General Partner
By: /s/ Alberto Cribiore
---------------------------------
Alberto Cribiore
General Partner
CLAYTON & DUBILIER ASSOCIATES
IV LIMITED PARTNERSHIP
By: /s/ Alberto Cribiore
-----------------------------------
Alberto Cribiore
General Partner
CLAYTON & DUBILIER ASSOCIATES
III LIMITED PARTNERSHIP
By: /s/ Alberto Cribiore
-----------------------------------
Alberto Cribiore
General Partner
*
------------------------------------
B. Charles Ames
**
------------------------------------
William A. Barbe
/s/ Alberto Cribiore
------------------------------------
Alberto Cribiore
Page 18 of 20
<PAGE> 19
*
----------------------------------------
Donald J. Gogel
**
----------------------------------------
Leon J. Hendrix, Jr.
*
----------------------------------------
Hubbard C. Howe
**
----------------------------------------
Andrall E. Pearson
*
----------------------------------------
Joseph L. Rice, III
* By Power of Attorney granted on November 4, 1994 and filed as Schedule
C to the Schedule 13D filed on November 4, 1994.
** By Power of Attorney granted on January 30, 1994 and filed as Schedule
C hereto.
Page 19 of 20
<PAGE> 20
Schedule C
Power of Attorney
Each person whose signature appears below constitutes and
appoints Joseph L. Rice, III, Alberto Cribiore and William A. Barbe, and each
of them, his true and lawful attorneys-in-fact and agents, with full powers of
substitution and resubstitution, for him and in his name, place and stead, in
any and all capacities, to sign the Statement to which this Schedule is
attached and any and all amendments thereto, and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and
agents, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that each said attorney-in-fact and agent or his substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
Dated: January 30, 1995
/s/ William A. Barbe
-----------------------------------------
William A. Barbe
/s/ Leon J. Hendrix, Jr.
-----------------------------------------
Leon J. Hendrix, Jr.
/s/ Andrall E. Pearson
-----------------------------------------
Andrall E. Pearson
Page 20 of 20
