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WATERS CORP. v. MILLIPORE CORP.

No. CIV. A. 96-11011-DPW.

2 F.Supp.2d 66 (1997)

WATERS CORPORATION and Philip Taymor, Brian K. Mazar and Douglas M. Berthiaume, Individually and as Trustees of the Waters Retirement Plan, Plaintiffs, v. MILLIPORE CORPORATION, the Retirement Plan Committee, Jeffrey D. Gard, Patricia Powers, Robert Tunsmeire, Geoffrey Nunes, Michael Carroll, and Retirement Plan for Employees of Millipore Corporation (as a Nominal Defendant), Defendants.

United States District Court, D. Massachusetts.

May 23, 1997.

Attorney(s) appearing for the Case

Kevin W. Clancy, Cooke, Clancy & Gruenthal, Boston, MA, Jean Reed Haynes, Peter A. Bellacosa, Kirkland & Ellis, New York City, for Plaintiffs.

John T. Montgomery, Thomas P. Smith, Ropes & Gray, Boston, MA, for Defendants.

MEMORANDUM AND ORDERS

WOODLOCK, District Judge.

In 1994 when Waters Corporation bought the chromatography division of the Millipore Corporation, the two companies entered into a purchase and sale agreement which included a number of conditions precedent. Among those conditions was a provision which required that Waters set up a pension program to replace the existing Millipore pension program in order to cover all employees who were transferring from...

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