-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AXh3vNuo1wWWdq1MS4I47S0wJw6GMdGIoaA4BEktJDqEQpbgAo2vwwiacnG2ZHmZ +3jeOG3uVP4SU7wohq26hw== 0000909518-99-000507.txt : 19990811 0000909518-99-000507.hdr.sgml : 19990811 ACCESSION NUMBER: 0000909518-99-000507 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990810 GROUP MEMBERS: AXA GROUP MEMBERS: AXA ASSURANCES I.A.R.D. MUTUELLE GROUP MEMBERS: AXA ASSURANCES VIE MUTUELLE GROUP MEMBERS: AXA CONSEIL VIE ASSURANCE MUTUELLE GROUP MEMBERS: AXA COURTAGE ASSURANCE MUTUELLE GROUP MEMBERS: CLAUDE BEBEAR, AS AXA VOTING TRUSTEE GROUP MEMBERS: DLJ CAPITAL INVESTORS, INC. GROUP MEMBERS: DLJ DIVERSIFIED ASSOCIATES, L.P. GROUP MEMBERS: DLJ DIVERSIFIED PARTNERS, INC. GROUP MEMBERS: DLJ DIVERSIFIED PARTNERS, L.P. GROUP MEMBERS: DLJ DIVERSIFIED PARTNERS-A, L.P. GROUP MEMBERS: DLJ EAB PARTNERS, L.P. GROUP MEMBERS: DLJ ESC II, L.P. GROUP MEMBERS: DLJ FIRST ESC, L.P. GROUP MEMBERS: DLJ LBO PLANS MANAGEMENT CORPORATION GROUP MEMBERS: DLJ MERCHANT BANKING II, INC. GROUP MEMBERS: DLJ MERCHANT BANKING II, LLC GROUP MEMBERS: DLJ MERCHANT BANKING PARTNERS II, L.P. GROUP MEMBERS: DLJ MERCHANT BANKING PARTNERS II-A, L.P. GROUP MEMBERS: DLJ MILLENNIUM PARTNERS, L.P. GROUP MEMBERS: DLJ MILLENNIUM PARTNERS-A, L.P. GROUP MEMBERS: DLJ OFFSHORE PARTNERS II, C.V. GROUP MEMBERS: DLJMB FUNDING II INC GROUP MEMBERS: DONALDSON, LUFKIN & JENRETTE, INC. GROUP MEMBERS: FINAXA GROUP MEMBERS: HENRI DE CLERMONT-TONNERRE, AS AXA VOTING TRUSTEE GROUP MEMBERS: PATRICE GARNIER, AS AXA VOTING TRUSTEE GROUP MEMBERS: THE EQUITABLE COMPANIES INCORPORATED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALLIED WASTE INDUSTRIES INC CENTRAL INDEX KEY: 0000848865 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 880228636 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-43433 FILM NUMBER: 99682834 BUSINESS ADDRESS: STREET 1: 15880 NORTH GREENWAY-HADEN LOOP STREET 2: SUITE 100 CITY: SCOTTSDALE STATE: AZ ZIP: 85260 BUSINESS PHONE: 6026272700 MAIL ADDRESS: STREET 1: 7201 E CAMELBACK RD STREET 2: STE 375 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DLJMB FUNDING II INC CENTRAL INDEX KEY: 0001092891 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 2128922255 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 SC 13D 1 =============================================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 ---------- ALLIED WASTE INDUSTRIES, INC. (Name of Issuer) Series A Senior Convertible Preferred Stock, 019589 par value $0.10 per share (CUSIP number) (Title of class of securities) Stephen M. Besen, Esq. Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 (212) 310-8000 (Name, address and telephone number of person authorized to receive notices and communications) July 30, 1999 (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 112 pages) ============================================================================ 763799 v 08
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 2 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJMB FUNDING II, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 785,333.3 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 3 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MERCHANT BANKING PARTNERS II, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 3,849,555.6 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 4 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MERCHANT BANKING PARTNERS II-A, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 153,333.3 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 5 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ DIVERSIFIED PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 225,055.6 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 6 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ DIVERSIFIED PARTNERS-A, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 83,555.6 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 7 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MILLENNIUM PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 62,222.2 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 8 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MILLENIUM PARTNERS-A, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 12,166.7 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 9 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ FIRST ESC, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 7,388.9 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 10 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ OFFSHORE PARTNERS II, C.V. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Netherlands Antilles - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 189,277.8 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 11 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ EAB PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 17,277.8 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 12 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ ESC II, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 725,944.4 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 13 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MERCHANT BANKING II, LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 4,283,833.3 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IA - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 14 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ MERCHANT BANKING II, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 4,283,833.3 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO, IA - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 15 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ DIVERSIFIED ASSOCIATES, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 308,611.2 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 16 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ DIVERSIFIED PARTNERS, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 308,611.2 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 17 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ LBO PLANS MANAGEMENT CORPORATION S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 750,611.1 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 18 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DLJ CAPITAL INVESTORS, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 785,333.3 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 19 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DONALDSON, LUFKIN & JENRETTE, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) /X/ - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 6,111,111.1 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: HC, CO - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 20 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON THE EQUITABLE COMPANIES INCORPORATED S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,111,111.1 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 6,111,111.1 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO, HC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 21 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AXA S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: HC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 22 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON FINAXA S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: HC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 23 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AXA ASSURANCES I.A.R.D. MUTUELLE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 24 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AXA ASSURANCES VIE MUTUELLE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 25 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AXA COURTAGE ASSURANCE MUTUELLE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 26 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AXA CONSEIL VIE ASSURANCE MUTUELLE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IC - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 27 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON CLAUDE BEBEAR, AS AXA VOTING TRUSTEE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Citizen of France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 28 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON PATRICE GARNIER, AS AXA VOTING TRUSTEE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Citizen of France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 019589 13D Page 29 of 112 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON HENRI DE CLERMONT-TONNERRE, AS AXA VOTING S.S. OR I.R.S. IDENTIFICATION NO. TRUSTEE OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / / (b) / / - ---------------------- ------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------- ------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): / / - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Citizen France - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: See Item 5 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: See Item 5 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: See Item 5 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 6,111,111.1 - See Item 5 (not to be construed as an admission of beneficial ownership) - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / / - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2% See Item 5 - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
ITEM 1. SECURITY AND ISSUER. The class of equity securities to which this Statement on Schedule 13D (this "Statement") relates is the Series A Senior Convertible Preferred Stock, par value $0.10 per share (the "Preferred Stock"), of Allied Waste Industries, Inc., a Delaware corporation ("Allied"). The principal executive offices of Allied are located at 15880 North Greenway-Hayden Loop, Suite 100, Scottsdale, Arizona 85260. ITEM 2. IDENTITY AND BACKGROUND This Schedule 13D is being filed jointly on behalf of the following persons (collectively, the "Reporting Persons"): (1) DLJ Merchant Banking Partners II, L.P., a Delaware limited partnership ("Partners II"); (2) DLJ Merchant Banking Partners II-A, L.P., a Delaware limited partnership ("Partners II A"); (3) DLJ Millennium Partners, L.P., a Delaware limited partnership ("Millennium"); (4) DLJ Millennium Partners-A, L.P., a Delaware limited partnership ("Millennium-A"); (5) DLJ Offshore Partners II, C.V., a Netherlands Antilles limited partnership ("Offshore II"); (6) DLJ EAB Partners, L.P., a Delaware limited partnership ("EAB"); (7) DLJ Merchant Banking II, LLC, a Delaware limited liability company ("MBII LLC"); (8) DLJ Merchant Banking II, Inc., a Delaware corporation ("MBII INC"); (9) DLJ Diversified Partners, L.P., a Delaware limited partnership ("Diversified"); (10) DLJ Diversified Partners-A, L.P., a Delaware limited partnership ("Diversified-A); (11) DLJ Diversified Associates, L.P., a Delaware limited partnership ("Diversified Associates"); (12) DLJ Diversified Partners, Inc., a Delaware corporation ("Diversified Partners"); (13) DLJ First ESC L.P., a Delaware limited partnership ("ESC"); (14) DLJ ESC II L.P., a Delaware limited partnership ("ESC II"); (15) DLJ LBO Plans Management Corporation, a Delaware corporation ("LBO"); (16) DLJMB Funding II, Inc., a Delaware corporation ("Funding II"); (17) DLJ Capital Investors, Inc., a Delaware corporation ("DLJCI" and together with the previously listed entities, the "DLJ Entities"); (18) Donaldson, Lufkin & Jenrette, Inc., a Delaware corporation ("DLJ"); (19) The Equitable Companies Incorporated, a Delaware corporation ("EQ"); (20) AXA, a societe anonyme organized under the laws of France; (21) Finaxa, a societe anonyme organized under the laws of France; (22) AXA Assurances I.A.R.D. Mutuelle, a mutual insurance company organized under the laws of France; (23) AXA Assurances Vie Mutuelle, a mutual insurance company organized under the laws of France; (24) AXA Courtage Assurance Mutuelle, a mutual insurance company organized under the laws of France; (25) AXA Conseil Vie Assurance Mutuelle, a mutual insurance company organized under the laws of France; and (26) Claude Bebear, Patrice Garnier and Henri de Clermont-Tonnerre, trustees (the "AXA Voting Trustees") of a voting trust (the "AXA Voting Trust") established pursuant to a Voting Trust Agreement by and among AXA an the AXA Voting Trustees dated as of May 12, 1992, as amended January 22, 1997. Partners II, Partners II-A, Millennium, Millennium-A, Offshore II, EAB, Diversified, Diversified A, Funding II, ESC, and ESC II are collectively referred to as the "DLJ Funds". Partners II, Partners II-A, Millennium and Millennium-A are Delaware limited partnerships which make investments for long term appreciation. MBII LLC is the Associate Page 30 of 112 General Partner of Partners II and Partners II-A. MBII INC is the Managing General Partner of Partners II and Partners II-A. MBII LLC and MBII INC make all of the investment decisions on behalf of Partners II and Partners II-A. EAB is a Delaware limited partnership which makes investments for long term appreciation. MBII LLC is the Associate General Partner of EAB and LBO is the Managing General Partner of EAB. MBII LLC and LBO make all of the investment decisions on behalf of EAB. Offshore II is a Netherlands Antilles limited partnership which makes investments for long term appreciation. MBII LLC is the Associate General Partner of Offshore II. MBII INC is the Advisory General Partner of Offshore II. MBII LLC and MBII INC make all of the investment decisions on behalf of Offshore II. MBII LLC is a Delaware limited liability company and is a registered investment adviser. As the Associate General Partner of Partners II, Partners II-A, Millennium, Millennium-A, EAB and Offshore II, MBII LLC, in conjunction with MBII INC, participates in investment decisions made on behalf of these entities. MBII INC is the managing member of MBII LLC. MBII INC is a Delaware corporation and is a registered investment adviser. As the Managing General Partner of Partners II, Partners II-A, Millennium and Millennium-A, and the Advisory General Partner of Offshore II, MBII INC is responsible for the management of these entities and, in conjunction with MBII LLC, participates in investment decisions made on behalf of these entities. MBII INC is a wholly owned subsidiary of DLJCI. Diversified and Diversified-A are Delaware limited partnerships which make investments for long term appreciation. A portion of Diversified and Diversified-A's capital commitments are dedicated to making side-by-side investments with Partners II and Partners II-A, respectively. Diversified Associates is the Associate General Partner of Diversified and Diversified-A and Diversified Partners is the Managing General Partner of Diversified and Diversified-A. Diversified Partners is responsible for the day to day management of Diversified and Diversified-A. Diversified Associates is a Delaware limited partnership and a registered investment adviser. As the Associate General Partner of Diversified and Diversified-A, Diversified Associates, in conjunction with Diversified Partners, participates in the management of investments of Diversified. Diversified Partners is the general partner of Diversified Associates. Diversified Partners is a Delaware corporation and a registered investment adviser. As the Managing General Partner of Diversified and Diversified-A, Diversified Partners is responsible for the day to day management of Diversified and Diversified-A. In conjunction with Diversified Associates, Diversified Partners participates in the investment decisions made on behalf of Diversified and Diversified-A. Diversified Partners is a wholly owned subsidiary of DLJCI. Page 31 of 112 ESC and ESC II are Delaware limited partnerships and "employee securities companies" as defined in the Investment Company Act of 1940, as amended. LBO, as the Managing General Partner of ESC and ESC II, makes all of the investment decisions on behalf of ESC and ESC II. LBO is a Delaware corporation and a registered investment adviser. LBO is a wholly owned subsidiary of DLJCI. As the Managing General Partner of EAB, ESC and ESC II, LBO is responsible for the day-to-day management of EAB, ESC and ESC II. Funding II is a Delaware corporation which makes investments for long term appreciation generally side-by-side with Partners II. Funding II is a wholly owned subsidiary of DLJCI. DLJCI is a Delaware corporation and a holding company. DLJCI is a wholly owned subsidiary of DLJ. DLJ is a publicly held Delaware corporation. DLJ directly owns all of the capital stock of DLJCI. DLJ, acting on its own behalf or through its subsidiaries, is a registered broker/dealer and registered investment adviser engaged in investment banking, institutional trading and research, investment management and financial and correspondent brokerage services. EQ is a Delaware corporation and is a holding company. As of June 30, 1999, EQ owns, directly or indirectly, 70.5% of DLJ. AXA is a societe anonyme organized under the laws of France and a holding company for an international group of insurance and related financial services companies. As of June 30, 1999, approximately 58.3% of the outstanding common stock of EQ was beneficially owned by AXA. For insurance regulatory purposes, to insure that certain indirect minority shareholders of AXA will not be able to exercise control over EQ and certain of its insurance subsidiaries, the voting shares of EQ capital stock beneficially owned by AXA and its subsidiaries have been deposited into the AXA Voting Trust. For additional information regarding the AXA Voting Trust, reference is made to the Schedule 13D filed by AXA with respect to EQ. As of June 30, 1999, AXA directly owned 1.5% of DLJ. Finaxa is a societe anonyme organized under the laws of France and is a holding company. As of March 1, 1999, Finaxa controlled directly and indirectly approximately 20.7% of the issued ordinary shares (representing approximately 32.7% of the voting power) of AXA. Each of AXA Assurances I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle, AXA Courtage Assurance Mutuelle and AXA Conseil Vie Assurance Mutuelle (collectively, the "Mutuelles AXA") is a mutual insurance company organized under the laws of France. Each of the Mutuelles AXA is owned by its policy holders. As of March 1, 1999, the Mutuelles AXA, as a group, control approximately 61.7% of the issued shares (representing approximately 72.3% of the voting power) of Finaxa and 22.7% of the shares of Finaxa (representing 13.7% of the voting power) were owned by Paribas, a French bank. Including Page 32 of 112 the ordinary shares owned by Finaxa, on March 1, 1999, the Mutuelles AXA directly or indirectly controlled 23.9% of the issued ordinary shares (representing 37.6% of the voting power) of AXA. Acting as a group, the Mutuelles AXA control AXA and Finaxa. Claude Bebear, Patrice Garnier and Henri de Clermont-Tonnerre, the AXA Voting Trustees, exercise all voting rights with respect to the shares of EQ capital stock beneficially owned by AXA and its subsidiaries that have been deposited in the AXA Voting Trust. The business address, citizenship and present principal occupation of each of the AXA Voting Trustees are set forth on Schedule H attached hereto. The address of the principal business and office of each of the DLJ Entities (other than Offshore II) and DLJ is 277 Park Avenue, New York, New York 10172. The address of the principal business and principal office of Equitable is 1290 Avenue of the Americas, New York, New York 10104. The address of Offshore II is c/o John B. Gorsirawig, 14 Willemsted, Curacao, Netherlands Antilles. The address of the principal business and principal office of AXA and the AXA Voting Trustees is 9 Place Vendome, 75001 Paris, France. The address of Finaxa is 23, avenue Matignon, 75008 Paris, France; of each of AXA Assurances I.A.R.D. Mutuelle and AXA Assurances Vie Mutuelle is 21, rue de Chateaudun, 75009 Paris, France; of AXA Courtage Assurance Mutuelle is 26, rue Louis le Grand, 75002 Paris, France; and of AXA Conseil Vie Assurance Mutuelle is Tour Franklin, 100/101 Terrasse Boieldieu, Cedex 11, 92042 Paris La Defense, France. The name, business address, citizenship, present principal occupation or employment and the name and business address of any corporation or organization in which each such employment is conducted, of each executive officer or member, as applicable, of the Board of Directors, Supervisory Board, or the Conseil d'Administration (French analogue of a Board of Directors) of the Reporting Persons are set forth on Schedules A through M, respectively, attached hereto. During the past five (5) years, neither any of the Reporting Persons nor, to the best knowledge of any of the Reporting Persons, any of the other person listed on Schedules A through M attached hereto, has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to United States federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The general partners, limited partners and stockholders, as applicable, of the DLJ Funds contributed $110,000,000 for the purchase of 110,000 shares of the Preferred Stock. Page 33 of 112 ITEM 4. PURPOSE OF TRANSACTION. The DLJ Funds have entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") dated July 30, 1999, among Allied, the DLJ Funds, Apollo Investment Fund III, L.P. and certain of its affiliates ("Apollo"), Blackstone Capital Partners II Merchant Banking Fund L.P. and certain of its affiliates ("Blackstone") and Greenwich Street Capital Partners II, L.P. and certain of its affiliates ("Greenwich Street") to acquire 110,000 shares of Preferred Stock for general investment purposes. ITEM 5. INTEREST IN SECURITIES OF ISSUER. (a) and (b) Pursuant to the terms of the Stock Purchase Agreement, on July 30, 1999 (the "Closing Date"), the DLJ Funds purchased 110,000 shares of Preferred Stock, which are convertible into an aggregate of 6,111,111.1 shares of common stock, par value $0.01 per share, of Allied (the "Common Stock"). Upon the Closing Date, the DLJ Funds' ownership of the outstanding Common Stock was 3.2%, on an as-converted basis. In connection with the Stock Purchase Agreement, Allied, the DLJ Funds, Apollo, Blackstone and Greenwich Street entered into a Second Amended and Restated Shareholders Agreement (the "Shareholders Agreement") which is attached as Exhibit 1 hereto. While each of the DLJ Entities may be deemed to beneficially own the Shares held by the DLJ Funds and by Apollo, Blackstone and Greenwich Street (collectively, the "Investors' Shares"), each of the DLJ Entities disclaims beneficial ownership of those Investors' Shares held by Apollo, Blackstone and Greenwich Street. As the sole stockholder of DLJCI, DLJ may be deemed, for purposes of Rule 13d-3 under the Act, to beneficially own indirectly the Investors' Shares that may be deemed to be owned beneficially by DLJCI. Because of EQ's ownership of DLJ, EQ may be deemed, for purposes of Rule 13d-3 under the Act, to beneficially own indirectly the Investors' Shares that may be deemed to be beneficially owned indirectly by DLJ. Each of DLJ and EQ disclaims beneficial ownership of the Investors' Shares. Because of AXA's ownership interest in EQ, and the AXA Voting Trustees' power to vote the EQ shares placed in the AXA Voting Trust, each of AXA and the AXA Voting Trustees may be deemed, for purposes of Rule 13d-3 under the Act, to beneficially own indirectly the Investors' Shares that EQ may be deemed to beneficially own indirectly. Because of the direct and indirect ownership interest in AXA of Finaxa and the Mutuelles AXA, each of Finaxa and the Mutuelles AXA may be deemed, for purposes of Rule 13d-3 under the Act, to beneficially own indirectly the Investors' Shares that AXA may be deemed to beneficially own indirectly. AXA, Finaxa, the Mutuelles AXA, and the AXA Voting Trustees expressly disclaim beneficial ownership of any of the Investors' Shares. Subject to market conditions, the standstill provisions contained in the Shareholders Agreement and other factors, the DLJ Funds or other affiliates of DLJ may acquire or dispose of shares of Allied from time to time in future open-market, privately Page 34 of 112 negotiated or other transactions, may enter into agreements with third parties relating to acquisitions of securities issued or to be issued by Allied, may enter into agreements with the management of Allied relating to acquisitions of shares of Allied by members of management, issuances of options to management or their employment by the surviving corporation, or may effect other similar agreements or transactions. (c) None. (d) and (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The response to Items 3, 4 and 5 of this Statement are incorporated herein by reference. Pursuant to the terms of the Shareholders Agreement, for a period of ten years following the Closing Date (or until the holdings of the Shareholders decrease below certain levels or certain other events occur), the Shareholders are prohibited from engaging in certain transactions with respect to the voting stock of Allied, including certain acquisitions or dispositions of stock of Allied and certain actions with respect to election of directors of Allied. Apollo and Blackstone hold rights to appoint certain members to the Board of Directors of Allied. None of the DLJ Funds hold any rights in respect of the appointment of members to the Board of Directors of Allied. Following the first anniversary of the Closing Date, the DLJ Funds have the right to dispose of their Preferred Stock in accordance with the provisions of Rule 144 promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended. This description of the Shareholders Agreement is qualified in its entirety by reference to the Shareholders Agreement, a copy of which has been filed as Exhibit 1 to this Statement and is incorporated herein by reference. The following is a summary of certain terms of the Preferred Stock: Liquidation Preference. The Preferred Stock has a liquidation preference of $1,000 per share, plus all accrued and unpaid dividends (the "Liquidation Preference"). Dividends. Holders of Preferred Stock are entitled to receive quarterly dividends at an annual rate as follows, but in no event less than the aggregate quarterly dividend last declared with respect to the aggregate shares of Common Stock into which the Preferred Stock is then convertible: (i) with respect to quarterly dividends accruing prior to the date on which stockholder approval for the conversion of the Preferred Stock to Common Stock ("Stockholder Approval") has been obtained, (A) 6.5% of the Liquidation Preference per annum during the first six months after the date of issuance of the Preferred Stock (the "Issue Date"), and (B) thereafter, 6.5% of the Liquidation Preference per annum plus an Page 35 of 112 additional 1% of the Liquidation Preference per annum for each six month period after the Issue Date until Stockholder Approval is obtained (but not to exceed 12% of the Liquidation Preference per annum), and (ii) with respect to quarterly dividends accruing on or after Stockholder Approval has been obtained, 6.5% of the Liquidation Preference per annum; provided, that after the tenth anniversary of the Issue Date, dividends shall accrue at the rate of 12% of the Liquidation Preference per annum. Notwithstanding the foregoing, any dividends accruing on or after the fifth anniversary of the Issue Date which are not paid in cash on the applicable dividend payment date shall accrue at 12% of the Liquidation Preference per annum. All dividends on the Preferred Stock that are not paid in cash as of the applicable dividend payment date will be added to the Liquidation Preference and will thereafter no longer be payable in cash. Conversion Rights. From and after receipt of the Stockholder Approval, at the option of the holder, the Preferred Stock will be convertible into the number of fully paid and nonassessable shares of Common Stock equal to the aggregate Liquidation Preference of the shares of Preferred Stock being converted divided by $18.00, subject to adjustment in certain cases. For so long as Stockholder Approval has not been obtained, the Preferred Stock is convertible at the option of the holder into the number of shares of a newly created series of junior preferred stock (the "Junior Preferred Stock") determined pursuant to the preceding sentence. The Junior Preferred Stock is non-redeemable and has at least all rights of a share of Common Stock, including the right to participate no less than pari passu with the Common Stock as to dividends and any other distributions declared on the Common Stock and payment upon liquidation and the right to vote with the Common Stock on a share for share basis. The conversion privileges set forth above include customary anti-dilution protection. Optional Redemption. The Company does not have the right to redeem the Preferred Stock prior to the later of (a) the third anniversary of the Issue Date and (b) receipt of Stockholder Approval. Thereafter, the Company will have the right, upon 30 days' prior notice, to redeem the Preferred Stock, in whole but not in part, at the Liquidation Preference; provided, if such redemption is prior to the fifth anniversary of the Issue Date, the Company will have such right only if the average closing price of the Common Stock for thirty consecutive trading days exceeds 150% of the conversion price then in effect. Ranking. The Preferred Stock ranks senior to all existing and future classes of common or preferred stock of the Company. Voting Rights. Holders of Preferred Stock and Junior Preferred Stock have the right to vote, together with the Common Stock, as a single class, on all matters on which holders of the Common Stock are entitled to vote, based upon the number of shares of Common Stock then issuable upon the conversion of such Preferred Stock or in lieu of whose issuance the Junior Preferred Stock was issued. The holders of the Preferred Stock and the Junior Preferred Stock are each entitled to vote as a separate class with respect to amendments to the Company's certificate of incorporation, by merger or otherwise, that adversely affect the rights of each such class of stock. In addition, for so long as any shares of Preferred Stock Page 36 of 112 or Junior Preferred Stock are outstanding, the holders of Preferred Stock and Junior Preferred Stock, voting separately as a class, have the right to elect the number of directors of the Company that Apollo and Blackstone and their affiliates would be entitled to elect as described below. Change of Control. Upon a change of control, the Company will offer to purchase any and all shares of Preferred Stock at 101% of the Liquidation Preference. The Company has agreed to use its best efforts to obtain Stockholder Approval and has entered into certain specific undertakings in that regard. In addition, the Investors have agreed to vote in favor of approval of the conversion of the Preferred Stock to Common Stock. The Reporting Persons retain the right to change their investment intent, to propose one or more possible transactions to the Company's board, to acquire additional shares of preferred stock or common stock from time to time or to sell or otherwise dispose of all or part of the Preferred Stock, Junior Preferred Stock or Common Stock beneficially owned or acquired by them in any manner permitted by law. In the event of a material change in the present plans or intentions of the Reporting Persons, the Reporting Persons will amend this Statement to reflect such change. Nothing in this Statement shall be construed as an admission that the Reporting Persons and any other persons or entities constitute a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Further, the Reporting Persons disclaim any pecuniary interest in any securities of the Company held by any other person or entity. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1: Second Amended and Restated Shareholders Agreement, dated July 30, 1999, among Allied, the DLJ Funds, Greenwich Street, Apollo and Blackstone. Exhibit 2: Joint Filing Agreement, dated August 9, 1999 by and among the Reporting Persons. Page 37 of 112 SIGNATURE The undersigned, after reasonable inquiry and to the best of their knowledge and belief, certify that the information set forth in this Statement is true, complete and correct. Dated: August 9, 1999 DLJMB FUNDING II, INC. By: /s/ Ivy Dodes ---------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING PARTNERS II, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING PARTNERS II-A, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED PARTNERS, L.P. By: DLJ Diversified Partners, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President Page 38 of 112 DLJ DIVERSIFIED PARTNERS-A, L.P. By: DLJ Diversified Partners, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ MILLENNIUM PARTNERS, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ MILLENNIUM PARTNERS-A, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ FIRST ESC, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President Page 39 of 112 DLJ OFFSHORE PARTNERS II, C.V. By: DLJ Merchant Banking II, Inc., as Advisory General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ EAB PARTNERS, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ ESC II, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING II, LLC By: DLJ Merchant Banking II, Inc., as Managing Member By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President Page 40 of 112 DLJ MERCHANT BANKING II, INC. By: /s/ Ivy Dodes ---------------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED ASSOCIATES, L.P. By: DLJ Diversified Partners, Inc. as Managing General Partner By: /s/ Ivy Dodes -------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED PARTNERS, INC. By: /s/ Ivy Dodes ---------------------------------------- Name: Ivy Dodes Title: Vice President DLJ LBO PLANS MANAGEMENT CORPORATION By: /s/ Ivy Dodes ---------------------------------------- Name: Ivy Dodes Title: Vice President DLJ CAPITAL INVESTORS, INC. By: /s/ Ivy Dodes ---------------------------------------- Name: Ivy Dodes Title: Vice President Page 41 of 112 DONALDSON, LUFKIN & JENRETTE, INC. By: /s/ Marjorie White ---------------------------------------- Name: Marjorie White Title: Secretary THE EQUITABLE COMPANIES INCORPORTED By: /s/ Alvin H. Fenichel ---------------------------------------- Name: Alvin H. Fenichel Title: Senior Vice President and Controller AXA FINAXA AXA ASSURANCES I.A.R.D. MUTUELLE AXA ASSURANCES VIE MUTUELLE AXA COURTAGE ASSURANCE MUTUELLE AXA CONSEIL VIE ASSURANCE MUTUELLE CLAUDE BEBEAR, as AXA Voting Trustee PATRICE GARNIER, as AXA Voting Trustee HENRI de CLERMONT-TONNERRE, as AXA Voting Trustee Signed on behalf of each of the above By: /s/ Alvin H. Fenichel ---------------------------------------- Name: Alvin H. Fenichel Title: Attorney-in-Fact Page 42 of 112 Schedule A Executive Officers and Directors of DLJ Merchant Banking II, Inc. The names of the Directors and the names and titles of the Executive Officers of DLJ Merchant Banking II, Inc. ("MBII INC") and their principal occupations are set forth below. The Director's or Executive Officer's business address is that of MBII INC at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to MBII INC and each individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- * Hamilton E. James Chairman; Managing Director, Donaldson, Lufkin & Jenrette, Inc. * Nicole S. Arnaboldi Managing Director * Thompson Dean Managing Director Carlos Garcia Managing Director * Peter T. Grauer Managing Director * David L. Jaffe Managing Director * John M. Moriarty, Jr. Managing Director * Lawrence M.v.D. Schloss Managing Partner and Chief Operating Officer * George Varughese Managing Director * Karl R. Wyss Managing Director - ------------------ * Director Page 43 of 112 Schedule B Executive Officers and Directors of DLJ Diversified Partners, Inc. The names of the Directors and the names and titles of the Executive Officers of DLJ Diversified Partners, Inc. ("DP INC") and their principal occupations are set forth below. The Director's or Executive Officer's business address is that of DP INC at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to DP INC and each individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- * Hamilton E. James Chairman; Managing Director, Donaldson, Lufkin & Jenrette, Inc. * Nicole S. Arnaboldi Managing Director * Thompson Dean Managing Director * Peter T. Grauer Managing Director * Neil N. Hasson Managing Director * David L. Jaffe Managing Director * Steven E. Lebow Managing Director * Lawrence M.v.D. Schloss Managing Director and Chief Operating Officer; Managing Director and Chief Operating Officer, DLJ Merchant Banking II, Inc. * Susan C. Schnabel Managing Director * Barry A. Sholem Managing Director * Yves B. Sisteron Managing Director * David R. Weil Managing Director Page 44 of 112 * Karl R. Wyss Managing Director * Marjorie S. White Secretary; Vice President and Secretary, Donaldson, Lufkin & Jenrette, Inc. - -------------- * Director Page 45 of 112 Schedule C Executive Officers and Directors of DLJMB Funding, II, Inc. The names of the Directors and the names and titles of the Executive Officers of DLJ MB Funding, II, Inc. ("Funding II") and their principal occupations are set forth below. The Director's or Executive Officer's business address is that of Funding II at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to Funding II and each individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- * Anthony F. Daddino President; Executive Vice President and Chief Financial Officer, Donaldson, Lufkin & Jenrette, Inc. * Charles J. Hendrickson Treasurer; Senior Vice President and Treasurer, Donaldson, Lufkin & Jenrette, Inc. Marjorie S. White Secretary; Vice President and Secretary, Donaldson, Lufkin & Jenrette, Inc. - -------------------- * Director Page 46 of 112 Schedule D Executive Officers and Directors of DLJ LBO Plans Management Corporation The names of the Directors and the names and titles of the Executive Officers of DLJ LBO Plans Management Corporation ("LBO") and their principal occupations are set forth below. Each Director's or Executive Officer's business address is that of LBO at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to LBO and each individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- * Anthony F. Daddino President, Executive Vice President and Chief Financial Officer, Donaldson, Lufkin & Jenrette, Inc. * Vincent DeGiaimo Vice President; Senior Vice President and Managing Director, Donaldson, Lufkin & Jenrette, Inc. Charles J. Hendrickson Treasurer; Senior Vice President and Treasurer, Donaldson, Lufkin & Jenrette, Inc. * Marjorie S. White Vice President and Secretary, Vice President, Donaldson, Lufkin & Jenrette, Inc. - -------------- * Director Page 47 of 112 Schedule E Executive Officers and Directors of DLJ Capital Investors, Inc. The names of the Directors and the names and titles of the Executive Officers of DLJ Capital Investors, Inc. ("DLJCI") and their principal occupations are set forth below. The Director's or Executive Officer's business address is that of DLJCI at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to DLJCI and each individual is a United States Citizen. Name Present Principal Occupation ---- ---------------------------- * John S. Chalsty Chairman; Chairman and Chief Executive Officer, Donaldson, Lufkin & Jenrette, Inc. * Hamilton E. James Chief Executive Officer; Managing Director, Donaldson, Lufkin & Jenrette, Inc. * Joe L. Roby Chief Operating Officer; President and Chief Operating Officer, Donaldson, Lufkin & Jenrette, Inc. * Anthony F. Daddino Executive Vice President and Chief Financial Officer; Executive Vice President and Chief Financial Officer, Donaldson, Lufkin & Jenrette, Inc. Charles J. Hendrickson Treasurer; Senior Vice President and Treasurer, Donaldson, Lufkin & Jenrette, Inc. * Marjorie S. White Secretary, Vice President and Secretary, Donaldson, Lufkin & Jenrette, Inc. - ---------------- * Director Page 48 of 112 Schedule F Executive Officers and Directors of Donaldson, Lufkin & Jenrette, Inc. The names of the Directors and the names and titles of the Executive Officers of Donaldson, Lufkin & Jenrette, Inc. ("DLJ") and their business addresses and principal occupations are set forth below. If no address is given, the Director's or Executive Officer's business address is that of DLJ at 277 Park Avenue, New York, New York 10172. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to DLJ and each individual is a United States citizen. Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * John S. Chalsty Chairman * Joe L. Roby President and Chief Executive Officer * Claude Bebear (1) Chairman of the Executive Board, AXA AXA 23, avenue Matignon 75008 Paris, France * Henri de Castries (1) Senior Executive Vice President AXA Financial Services and Life 23, avenue Matignon Insurance Activities (U.S. & U.K.), 75008 Paris, France AXA * David DeLucia Managing Director, Donaldson, Lufkin & Jenrette Securities Corporation * Denis Duverne (1) Senior Vice President AXA International Life, AXA 23, avenue Matignon 75008 Paris, France * Jane Mack Gould Senior Vice President, Alliance 1345 Avenue of the Americas Capital Management New York, New York 10105 Page 49 of 112 * Louis Harris Chairman and Chief Executive LH Research Officer, LH Research (research) 152 East 38th Street New York, New York 10016-2605 * Henri G. Hottinguer (3) Chairman and Chief Executive Banque Hottinguer Officer, Banque Hottinguer (banking) 38, rue de Provence 75009 Paris, France * W. Edwin Jarmain (2) President, Jarmain Group Inc. Jarmain Group Inc. (private investment holding company) Suite 2525, Box 36 121 King Street, West Toronto, Ontario M5II 3T9 Canada * Francis Jungers Retired 19880 NW Nestucca Drive Portland, Oregon 97229 * Joseph J. Melone Chairman of the Executive Committee 1290 Avenue of the Americas of the Board, The Equitable New York, New York 10104 Companies Incorporated * Edward D. Miller President and Chief Executive 1290 Avenue of the Americas Officer, The Equitable Companies New York, New York 10104 Incorporated * Stuart M. Robbins Managing Director, Donaldson, Lufkin & Jenrette Securities Corporation * W.J. Sanders, III Chairman and Chief Executive Advanced Micro Devices, Inc. Officer, Advanced Micro Devices 901 Thompson Place Sunnyvale, CA 94086 * Stanley B. Tulin Executive Vice President and Chief Financial Officer, The Equitable Companies Incorporated Page 50 of 112 * John C. West Retired Bothea, Jordan & Griffin 23B Shelter Cove Hilton Head Island, SC 29928 * Carl B. Menges Vice Chairman of the Board * Hamilton E. James Managing Director * Richard S. Pechter Managing Director * Anthony F. Daddino Executive Vice President and Chief Financial Officer - ---------------- * Director (1) Citizen of the Republic of France (2) Citizen of Canada (3) Citizen of Switzerland Page 51 of 112 Schedule G Executive Officers and Directors of The Equitable Companies Incorporated The names of the Directors and the names and titles of the Executive Officers of the Equitable Companies Incorporated ("EQ") and their business addresses and principal occupations are set forth below. If no address is given, the Director's or Executive Officer's business address is that of EQ at 1290 Avenue of the Americas, New York, New York 10104. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to EQ and each individual is a United States citizen.
Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * Claude Bebear (1) Chairman of the Executive Board, AXA AXA 23, avenue Matignon 75008 Paris, France * John S. Chalsty Chairman, Donaldson, Lufkin & Jenrette, Inc. Donaldson, Lufkin & Jenrette, Inc. 277 Park Avenue New York, NY 10172 * Francoise Colloc'h (1) Senior Executive Vice President, Group AXA Human Resources and Communications, AXA 23, avenue Matignon 75008 Paris, France * Henri de Castries (1) Chairman of the Board; Senior Executive AXA Vice President, Financial Services and 23, avenue Matignon Insurance Activities, U.S. & U.K.), AXA 75008 Paris, France Life * Joseph L. Dionne Chairman and Chief Executive Officer, McGraw Hill Companies The McGraw Hill Companies (publishing) 1221 Avenue of the Americas New York, NY 10020 * Jean-Rene Fourtou (1) Chairman and Chief Executive Officer, Rhone-Poulene S.A. Rhone-Poulenc S.A. (manufacturer of 25 Quai Paul Doumer chemicals and agricultural products) 92408 Courbevoie Cedex France
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* Jacques Friedmann (1) Chairman of the Supervisory Board, AXA AXA 9, Place Vendome 75001 Paris France Robert E. Garber Executive Vice President and General Counsel; Executive Vice President and General Counsel, The Equitable Life Assurance Society of the United States * Donald J. Greene, Esq. Counselor-at-Law, Partner, LeBoeuf, LeBoeuf, Lamb, Greene & Lamb, Green & MacRae, L.L.P. (law MacRae, L.L.P. firm) 125 West 55th Street New York, NY 10019 * Anthony J. Hamilton (2) Group Chairman and Chief Executive Fox-Pitt, Kelton Group Limited Officer, Fox-Pitt, Kelton Group 35 Wilson Street Limited (finance) London, England EC2M 2SJ * John T. Hartley Retired Chairman and Chief Executive Harris Corporation Officer, currently Director, Harris 1025 NASA Boulevard Corporation (manufacturer of electronic, Melbourne, FL 32919 telephone and copying systems) * John H. F. Haskell, Jr. Director and Managing Director, Warburg Dillon Read LLC Warburg Dillon Read LLC (formerly SBC 299 Park Avenue Dillon Read, Inc.) New York, NY 10171 (investment banking firm) * Michael Hegarty Vice Chairman and Chief Operating Officer; President and Chief Operating Officer, The Equitable Life Assurance Society of the United States
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* Nina Henderson President, BestFoods Grocery (formerly CPC BestFoods Grocery International, Inc.) 700 Sylvan Avenue (food manufacturer) Englewood, NJ 07632 * W. Edwin Jarmain (3) President, Jarmain Group Inc. (private Jarmain Group Inc. investment holding company) Suite 2525 121 King Street West Toronto, Ontario M5H 3T9 Canada * Edward D. Miller President and Chief Executive Officer; Chairman and Chief Executive Officer, The Equitable Life Assurance Society of the United States Peter D. Noris Executive Vice President and Chief Investment Officer; Executive Vice President and Chief Investment Officer, The Equitable Life Assurance Society of the United States * Didier Pineau-Valencienne (1) Vice Chairman, Credit Suisse First Boston 64, rue de Miromesnil (investment banking firm) 75008 Paris, France * George J. Sella, Jr. Retired Chairman, President and Chief American Cyanamid Company Executive Officer, American Cyanamid P.O. Box 397 Company (manufacturer of pharmaceutical Newton, NJ 07860 products and agricultural products) Jose Suquet Executive Vice President; Senior Executive Vice President and Chief Distribution Officer; The Equitable Life Assurance Society of the United States
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Peter J. Tobin Dean College of Business Administration College of Business Administration (education) St. John's University 8000 Utopia Parkway Bent Hall Jamaica, New York 11439 Stanley B. Tulin Executive Vice President and Chief Financial Officer; Vice Chairman and Chief Financial Officer, The Equitable Life Assurance Society of the United States * Dave H. Williams Chairman and Chief Executive Officer, Alliance Capital Alliance Capital Management Corp. Management Corporation (investment adviser) 1345 Avenue of the Americas New York, NY 10105 - --------------- * Director (1) Citizen of the Republic of France (2) Citizen of United Kingdom (3) Citizen of Canada
Page 55 of 112 Schedule H Members of Executive Committee and Supervisory Board of AXA The names and titles (for the Executive Committee members) of the Members of the Executive Committee and Supervisory Board of AXA and their business addresses and principal occupations are set forth below. If no address is given, the Member's business is 23, avenue Matignon, 75008 Paris, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to AXA and each individual is a citizen of the Republic of France. Members of the Executive Committee Name, Business Address Present Principal Occupation - ---------------------- ---------------------------- Claude Bebear Chairman of the Executive Board Donald Brydon (1) Senior Executive Vice President, AXA Asset Management Europe Henri de Castries Senior Executive Vice President, Financial Services and Insurance Activities (U.S. and U.K.). John Chalsty(2) Senior Executive Vice President; Chairman and Chief Executive Officer, Donaldson, Lufkin & Jenrette, Inc. (investment banking) Francoise Colloc'h Senior Executive Vice President, Group Human Resources and Communications Jean-Pierre Gerard (3) Senior Executive Vice President; Chief Executive Officer, Royale Beige (insurance) Denis Kessler Senior Executive Vice President, Insurance Activities outside France, U.K. and U.S. Claus Kleyboldt (4) Senior Executive Vice President; Page 56 of 112 Chairman of the Executive Board of AXA Colonia (insurance) Gerard de La Martiniere Senior Executive Vice President, Chief Financial Officer Edward D. Miller (2) Senior Executive Vice President; President and Chief Executive Officer, The Equitable Companies Incorporated Jean-Louis Meunier Senior Executive Vice President, Central Underwriting Officer Michel Pinault Senior Executive Vice President, Group Administration Claude Tendil Senior Executive Vice President, French Insurance Activities, international risks, transborder insurance projects and information systems policy Geoff Tomlinson (5) Senior Executive Vice President; Managing Director, National Mutual Holdings (insurance) Dave H. Williams (2) Senior Executive Vice President; Chairman and Executive Officer, Alliance Capital Management Corporation (investment adviser) Mark Wood (1) Senior Executive Vice President; Managing Director, Sun Life & Provincial Holdings plc Page 57 of 112 Members of the Supervisory Board Name, Business Address Present Principal Occupation ---------------------- ---------------------------- Jacques Friedmann Chairman of the Supervisory Board 9, Place Vendome 75008 Paris, France Jean-Louis Beffa Chairman and Chief Executive "Les Miroirs" Officer, Cedex 27 Compagnie de St. Gobain (industry) 92096 Paris la Defense, France Antoine Bernheim General Partner, Lazard Freres et Cie 121, Avenue Haussman (investment banking); Chairman, 75008 Paris, France Assicurazioni Generali S.p.A. (insurance) Jacques Calvet Former Chairman of the Executive 75, avenue de la Grande Armee Board, Peugeot S.A. (auto 75116 Paris, France manufacturer) David Dautreseme General Partner, Lazard Freres et Cie 121, Bouldvard Haussman (investment banking) 75008 Paris, France Guy Dejouany Honorary Chairman, Compagnie 52, rue d'Anjou Generale des Eaux (industry and services) 75008 Paris, France Paul Desmarais (7) Chairman and Chief Executive 751, Square Victoria Officer, Power Corporation (industry Montreal, Quebec and services) H3Y 3JY Canada Jean-Rene Fourtou Chairman and Chief Executive 25, quai Paul Doumer Officer, Rhone-Poulenc S.A. 93408 Courbevoie Cedex (industry) France Michel Francois-Poncet Chairman of the Supervisory Board, 5, Rue d'Antin Compagnie Financiere de Paribas 75002 Paris, France (financial services and banking) Page 58 of 112 Patrice Garnier Director, Finaxa Latreamont 76360 Baretin, France Anthony J. Hamilton (1) General Partner, Fox-Pitt, Kelton 35 Wilson Street Group Limited (finance) London, England EC2M 2SJ Henri Hottinguer (6) Vice Chairman, Financier Hottinguer 38, rue de Provence (banking) 75009 Paris, France Richard H. Jenrette (2) Senior Advisor, Donaldson, Lufkin c/o Donaldson, Lufkin & Jenrette, Inc. & Jenrette, Inc. (investment banking) 277 Park Avenue New York, New York 10172 Henri Lachman Chairman and Chief Executive 56, rue Jean Giraudoux Officer, Stafor Facom (office 67200 Strasbourg, France furniture) Gerard Mestallet Chairman of the Executive Board 1, rue d'Astorg (finance) Suez Lyonnaise des Eaux 75008 Paris, France Friedel Neuber Chairman of the Executive Board, Girozentrade Herzogstrasse 15 WestDeutsche Landesbank (banking) D40127 Dusseldorf, Germany Alfred von Oppenheim (4) Chairman, Bank Oppenheim Konsortium Oppenheim (banking) Unter Sachsenrausen 4 50667 Koln, Germany Michel Pebereau Chairman and Chief Executive 16, Boulevard des Italiens Officer, .Banque Nationale de Paris 75009 Paris, France (banking) Didier Pineau-Valencienne Chairman and Chief Executive 64-70, avenue Jean Baptiste Clement Officer, Schneider S.A 92646 Boulogne Cedex, France (electric equipment) Page 59 of 112 Bruno Roger General Partner, Lazard Freres & 121, Boulevard Hausmann Cie (investment banking) 75008 Paris, France Simone Rozes First Honorary President, Cour de 2, rue Villaret de Joyeuse Cassation (government) 75017 Paris, France - --------------- (1) Citizen of the United Kingdom (2) Citizen of the United States of America (3) Citizen of Belgium (4) Citizen of Germany (5) Citizen of Australia (6) Citizen of Switzerland (7) Citizen of Canada Page 60 of 112 Schedule I Executive Officers and Members of Conseil d'Administration of FINAXA The names of the Members of Counsil d'Administration and the names and titles of the Executive Officers of Finaxa and their business addresses and principal occupations are set forth below. If no address is given, the Member's or Executive Officer's business address is that of Finaxa at 23, avenue Matignon, 75008 Paris, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to Finaxa and each individual is a citizen of the Republic of France. Name, Business Address Present Principal Occupation * Claude Bebear Chairman and Chief Executive Officer; Chairman of the Executive Board, AXA * Henri de Clermont-Tonnerre Chairman of the Supervisory Board, 4, avenue Van Dyke Qualis SCA (transportation) 75008 Paris, France * Jean-Rene Fourton Chairman and Chief Executive Officer, 25, quai Paul Doumer Rhone-Poulenc S.A. (industry) 92408 Courbevoie Cedex France * Patrice Garnier Retired Latreaumont 76360 Baretin, France * Henri Hottinguer (1) Chairman and Chief Executive Officer, 38, rue de Provence Banque Hottinguer 75009 Paris, France (banking) * Paul Hottinguer (1) Assistant Chairman and Chief Executive 38, rue de Provence Officer, Banque Hottinguer (banking) 75009 paris, France * Henri Lachmann Chairman and Chief Executive Officer, 56, rue Jean Giraudoux Strafor Facom (office furniture) Page 61 of 112 67000 Strasbourg, France * Andre Levy-Lang Chief-Executive Officer, Paribas 3, rue d'Antin (banking) 75002 Paris, France * Christien Manset Vice Chairman of the Supervisory 3, rue d'Antin Board, Banque Paribas 75002 Paris, France * Georges Rousseau Retired 2, rue des Mouettes 76130 Mont Saint Aignan, France * Emilio Ybarra (2) Chairman, Banco Bilbao Vizcaya Paseo de la Castillone, 8 (banking) 28046 Madrid, Spain - --------------- * Member, Conseil d'Administration (1) Citizen of Switzerland (2) Citizen of Spain Page 62 of 112 Schedule J Executive Officers and Members of Conseil d'Administration of AXA ASSURANCES I.A.R.D. MUTUELLE The names of the members of Conseil d'Administration and the names and titles of the Executive Officers of AXA Assurances I.A.R.D. Mutuelle and their business addresses and principal occupations are set forth below. If no address is given, the Member's or Executive Officer's business address is that of AXA Assurances I.A.R.D, Mutuelle at 21, rue de Chateaudun, 75009 Paris, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to AXA Assurances I.A.R.D. Mutuelle and each individual is a citizen of the Republic of France. Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * Claude Bebear Chairman; Chairman of the Executive Board, 23, avenue Matignon AXA 75008 Paris, France Jean-Luc Bertozzi Executive Officer * Jean-Pierre Chaffin Manager, Federation de la Metallurgie 5, rue la Bruyere (industry) 75009 Paris, France * Gerald Coutelle Retired * Henri de Castries Senior Executive Vice President, 23, avenue Matignon Financial Services and Life Insurance 75008 Paris, France Activities (U.S. & U.K.), AXA * Jean-Rene Fourtou Chairman and Chief Executive Officer, 25, quai Paul Doumer Rhone-Poulenc S.A. (industry) 92408 Courbevoie Cedex France * Patrice Garnier Retired Latreaumont 76360 Baretin, France Page 63 of 112 * Henri Lachmann Chairman and Chief Executive Officer, 56, rue Jean Giraudoux Strafor Facom (office furniture) 67000 Strasbourg, France * Francois Richer Retired * George Rousseau Retired 2, rue des Mouettes 76130 Mont Saint Aignan, France * Claude Tendil Chief Executive Officer; Senior Executive Vice President, French Insurance Activities, AXA * Francis Vaudour Chief Executive Officer, Segafredo 14, boulevard Industriel Zanetti France S.A. (coffee importing 76301 Sottovillo les Rouen, and processing) France * Nicolas Thiery Chairman and Chief Executive Officer, 6 Cite de la Chapelle Etablissements Jaillard (management 75018 Paris, France consulting) - -------------- * Member, Conseil d'Administration Page 64 of 112 Schedule K Executive Officers and Members of Conseil d'Administration of AXA ASSURANCES VIE MUTUELLE The names of the Members of Conseil d'Administration and the names and titles of the Executive Officers of AXA Assurances Vie Mutuelle and their business addresses and principal occupations are set forth below. If no address is given, the Member's or Executive Officer's business address is that of AXA Assurances Vie Mutuelle at 21, rue de Chateaudun, 75009 Paris, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to AXA Assurances Vie Mutuelle and each individual is a citizen of the Republic of France. Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * Claude Bebear Chairman; Chairman of the Executive 23, avenue Matignon Board, AXA 75009 Paris, France * Jean-Luc Bertozzi Executive Vice President * Jean-Pierre Chaffin Manager, Federation de la Metallurgie 11, rue de Rome (industry) 75008 Paris, France * Henri de Castries Senior Executive Vice President 23, avenue Matignon Financial Services and Life Insurance 75008 Paris, France Activities (U.S. & U.K.), AXA * Henri de Clermont-Tonnerre Chairman of the Supervisory Board, 4, avenue Van Dyke Qualis SCA (transportation) 75008 Paris, France * Jean-Rene Fourtou Chairman and Chief Executive Officer, 25, quai Paul Doumer Rhone-Poulenc S.A. (industry) 92408 Courbevoie Cedex France * Henri Lachmann Vice Chairman, Chairman and Chief 56, rue Jean Giraudoux Executive Officer, Strafor Facom 67000 Strasbourg, France (office furniture) Page 65 of 112 * Francois Richer Retired * Georges Rousseau Retired 2, rue des Mouettes 76130 Mont Saint Aignan, France * Claude Tendil Chief Executive Officer; Senior Tour Assur 38 Executive Vice President, French 92083 Paris La Defense, France Insurance Activities, AXA * Nicolas Thiery Chairman and Chief Executive Officer, 6 Cite de la Chapelle Etablissements Jaillard 75018 Paris, France (management consulting) * Francis Vaudour Chief Executive Officer, Segafredo 14, boulevard Industriel Zanetti France S.A. (coffee importing 76301 Sotteville les Rouen, France and processing) - -------------- * Member, Conseil d'Administration Page 66 of 112 Schedule L Executive Officers and Members of Conseil d'Administration of AXA COURTAGE ASSURANCE MUTUELLE The names of the Members of Conseil d'Administration and the names and titles of the Executive Officers of AXA Courtage Assurance Mutuelle and their business addresses and principal occupations are set forth below. If no address is given, the Member's or Executive Officer's business address is that of AXA Courtage Assurance Mutuelle at 26, rue de Louis-le-Grand, 75002 Paris, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to AXA Courtage Assurance Mutuelle and each individual is a citizen of the Republic of France. Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * Claude Bebear Chairman; Chairman of the Executive 23, avenue Matignon Board, AXA 75008 Paris, France * Francis Cordier Chairman and Chief Executive Officer, rue Nicephore Niepce Group Demay Lesieur (food industry) BP 232 76304 Sotteville Les Rouen, France * Gerard Coutelle Retired * Henri de Castries Senior Executive Vice President, 23, avenue Matignon Financial Services and Life Insurance 75008 Paris, France Activities (U.S. & U.K.), AXA * Jean-Rene Fourton Chairman and Chief Executive Officer, 25, quai Paul Doumer Rhone-Poulenc S.A. (industry) 92408 Courbevoie Cedex France * Patrice Garnier Retired Latreaumont 76360 Baretin, France Page 67 of 112 * Henri Lachmann Vice Chairman; Chairman and Chief 56, rue Jean Giraudoux Executive Officer, Strafor Facom 67000 Strasbourg, France (office furniture) * Francis Magnan Chairman and Chief Executive Officer, 50, boulevard des Dames Compagnie Daher (air and sea 13002 Marseille, France transportation) * Jean de Ribes Chairman and Chief Executive Officer, 38, rue Fortuny Banque Rivaud (banking) 75008 Paris, France * Georges Rousseau Retired 2, rue des Mouettes 76130 Mont Saint Aignan, France * Jean-Paul Saillard Manager, AXA 23, avenue Matignon 75008 Paris, France * Claude Tendil Chief Executive Officer; Senior Tour Assur 38 Executive Vice President, French 92083 Paris La Defense, France Insurance Activities, AXA - ---------------- * Member, Conseil d'Administration Page 68 of 112 Schedule M Executive Officers and Members of Conseil d'Administration of AXA CONSEIL VIE ASSURANCE MUTUELLE The names of the Members of Conseil d'Administration and the names and titles of the Executive Officers of Alpha Assurances Vie Mutuelle and their business addresses and principal occupations are set forth below. If no address is given, the Member's or Executive Officer's business address is that of Alpha Assurances Vie Mutuelle at Tour Franklin, 100/101 Terrasse Boidldieu, Cedex 11, 92042 Paris la Defense, France. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to Alpha Assurances Vie Mutuelle and each individual's name refers to Alpha Assurances Vie Mutuelle and each individual is a citizen of the Republic of France. Name, Business Address Present Principal Occupation ---------------------- ---------------------------- * Claude Bebear Chairman; Chairman of the Executive 23, avenue Matignon Board, AXA 75008 Paris, France * Henri Brischoux Corporate Secretary; AXA Assurance Tour Assua 38 France 92083 Paris La Defense, France * Bernard Cornille Audit manager, AXA Assurances 21, rue de Chateaudun 75008 Paris, France * Henri de Castries Senior Executive Vice President, 23, avenue Matignon Financial Services and Life Insurance 75008 Paris, France Activities (U.S. & U.K.), AXA * Henri de Clermont-Tonnerre Chairman of the Supervisory Board, 4, avenue Van Dyke Qualis SCA (transportation) 75008 Paris, France * Claude Fath Chairman of the Executive Board, UPA Tour Assur 28F Vie 92083 Paris Las Defense, France Page 69 of 112 * Jean-Rene Fourtou Chairman and Chief Executive Officer, 25, quai Paul Doumer Rhone-Poulenc S.A. (industry) 92408 Courbevoie Cedex France * Patrice Garnier Retired Latreaumont 76360 Baretin, France * Henri Lachmann Vice Chairman; Chairman and Chief 56, rue Jean Giraudoux Executive Officer, Strafor Facom 67000 Strasbourg, France (office furniture) * Georges Rousseau Retired 2, rue des Mouettes, 76130 Mont Saint Aignan, France * Claude Tendil Chief Executive Officer; Senior Tour Assur 38 Executive Vice President, French 92083 Paris La Defense Insurance Activities, AXA France * Francis Vaudour Chief Executive Officer, Segafredo 14, boulevard Industrial Zanetti France S.A. (coffee importing 76301 Sotteville les Rouen and processing) France - ----------------- * Member, Conseil d'Administration Page 70 of 112 EXHIBIT INDEX Exhibit 1: Second Amended and Restated Shareholders Agreement, dated July 30, 1999, among Allied, the DLJ Funds, Greenwich Street, Apollo and Blackstone. Exhibit 2: Joint Filing Agreement, dated August 9, 1999 by and among the Reporting Persons. Page 71 of 112 EX-99 2 EXHIBIT 1 EXHIBIT 1 SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT This Second Amended and Restated Shareholders Agreement, dated as of July 30, 1999 (this "Agreement"), by and between Allied Waste Industries, Inc., a Delaware corporation (the "Company"), on the one hand, and Apollo Investment Fund IV, L.P., a Delaware limited partnership ("AIF IV"), Apollo Investment Fund III, L.P., a Delaware limited partnership ("AIF III"), Apollo Overseas Partners IV, L.P., a Delaware limited partnership ("AOP IV"), Apollo Overseas Partners III, L.P., a Delaware limited partnership ("AOP III"), Apollo (U.K.) Partners III, L.P., an English limited partnership ("AUK III"), Apollo/AW LLC, a Delaware limited liability company ("AAW"), Blackstone Capital Partners II Merchant Banking Fund L.P., a Delaware limited partnership ("BCP II"), Blackstone Capital Partners III Merchant Banking Fund L.P., a Delaware limited partnership ("BCP"), Blackstone Offshore Capital Partners III L.P., a Cayman Islands limited partnership ("BOC III"), Blackstone Offshore Capital Partners II L.P., a Cayman Islands limited partnership ("BOC II"), Blackstone Family Investment Partnership III L.P., a Delaware limited partnership ("BFP III"), and Blackstone Family Investment Partnership II L.P., a Delaware limited partnership ("BFP II"), Greenwich Street Capital Partners II, L.P., a Delware limited partnership, GSCP Offshore Fund, L.P., a Cayman Islands exempted limited partnership, Greenwich Fund, L.P., a Delaware limited partnership, Greenwich Street Employees Fund, L.P., a Delaware limited partnership, TRV Executive Fund, L.P., a Delaware limited partnership, DLJMB Funding II, Inc., a Delaware corporation, DLJ Merchant Banking Partners II, L.P., a Delaware limited partnership, DLJ Merchant Banking Partners II-A, L.P., a Delaware limited partnership, DLJ Diversified Partners, L.P., a Delaware limited partnership, DLJ Diversified Partners-A, L.P., a Delaware limited partnership, DLJ Millennium Partners, L.P., a Delaware limited partnership, DLJ Millennium Partners-A, L.P., a Delaware limited partnership, DLJ First ESC L.P., a Delaware limited partnership, DLJ Offshore Partners II, C.V., a Netherlands Antilles limited partnership, DLJ EAB Partners, L.P., a Delaware limited partnership, and DLJ ESC II L.P., a Delaware limited partnership (collectively, the "Shareholders"), on the other hand, amending and restating in its entirety the Amended and Restated Shareholders Agreement dated as of April 21, 1997 (the "Original Agreement"), by and between the Company, on the one hand, and certain of the Shareholders, on the other hand. Page 72 of 112 WHEREAS, certain of the Shareholders purchased an aggregate of 11,776,765 shares (the "TPG Group Block") of the Company's common stock, par value $.01 per share (the "Common Stock"), from TPG Partners, L.P., a Delaware limited partnership, and TPG Parallel I, L.P., a Delaware limited partnership, and an aggregate of 14,600,000 shares of Common Stock (the "Laidlaw Block" and together with the TPG Group Block, the "Shares") from Laidlaw, Inc., a Canadian corporation; WHEREAS, under the Original Agreement, the Company granted to certain of the Shareholders the right as a group to appoint certain designees for election to the Board of Directors of the Company and those Shareholders agreed to certain restrictions on the acquisition and disposition of Common Stock and the conduct of such Shareholders with respect to the Company; WHEREAS, simultaneously with the execution of this Agreement, certain of the Shareholders are entering into (i) a Preferred Stock Purchase Agreement (the "Preferred Stock Purchase Agreement") pursuant to which, upon the terms and subject to the conditions set forth in the Purchase Agreement, certain of the Shareholders shall purchase an aggregate of 1,000,000 shares of Senior Convertible Preferred Stock, par value $.10 per share, of the Company ("Senior Preferred Stock"), which shall be convertible into either shares of Series A Junior Preferred Stock, par value $.10 per share, of the Company ("Junior Preferred Stock"), or shares of Common Stock, and (ii) an Amended and Restated Registration Rights Agreement (the "Registration Rights Agreement") granting certain registration rights; and WHEREAS, in recognition of Shareholders' significant change in ownership in the Company upon the closing of the purchase of the Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement, the parties desire to amend and restate the Original Agreement in its entirety (except as may be otherwise set forth herein) as set forth herein; NOW, THEREFORE, in consideration of the mutual covenants and agreements contained in this Agreement, the Preferred Stock Purchase Agreement, and in the Amended and Restated Registration Rights Agreement and intending to be legally bound hereby, the parties agree as follows, effective upon the closing of the purchase of the Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement: ARTICLE 1 - --------- Definitions; Representations and Warranties - ------------------------------------------- SECTION 1.1 Definitions. Unless otherwise specified all references to "days" shall be deemed to be references to calendar days. For purposes of this Agreement, the following terms shall have the following meanings: Page 73 of 112 "Actual Voting Power" shall mean, as of the date of determination, the total voting power of all the then outstanding securities of the Company at the time then entitled to vote for the general election of directors, without giving effect to securities issuable upon exercise or conversion of such outstanding securities. (When issued, shares of Senior Preferred Stock and Junior Preferred Stock shall be deemed to be outstanding securities then entitled to vote for the general election of directors and (i) each share of Senior Preferred Stock will be deemed, as of the date of determination, to have the number of votes that would be represented by the number of shares of Common Stock into which such share of Senior Preferred Stock pursuant to its terms would otherwise be convertible and (ii) each share of Junior Preferred Stock will be deemed, as of the date of determination, to have the number of votes that would otherwise be represented by the number of shares of Common Stock in lieu of whose issuance such share of Junior Preferred Stock is issued.) "Affiliate" of a Person shall have the meaning set forth in Rule 12b-2 of the Exchange Act as in effect on the date of this Agreement, but shall not include (i) any investment fund in which a Person has invested if the Person does not otherwise control the investment fund or have, directly or indirectly, voting or dispositive power over any securities owned by such fund or (ii) any investor or limited partner of any Person who does not otherwise have voting or dispositive power over securities owned by that Person and is not controlled by that Person. It is expressly intended that any Person who now or hereafter controls, directly or indirectly, any Shareholder (other than an Exempt Affiliate) shall be subject to the restrictions of Section 2.1 as if it were a Shareholder. "Apollo/Blackstone Shareholders" mean those Shareholders who are affiliated with either Apollo Advisors II, L.P., Apollo Management IV, L.P. or Blackstone Management Associates II L.L.C., including, but not limited to, AIF III, AOP III, AUK III, AIF IV, AOP IV, AAW, BCP, BOC III, BFP III, BCP II, BOC II and BFP II. "Apollo/Blackstone Shares" means the TPG Group Block, the Laidlaw Block, the 790,000 shares of Senior Preferred Stock to be sold to the Apollo/Blackstone Shareholders pursuant to the Preferred Stock Purchase Agreement and any shares of Common Stock or Junior Preferred Stock issued upon conversion of such 790,000 shares of Senior Preferred Stock or of such Junior Preferred Stock. "Beneficial ownership" by a Person of any Voting Securities shall be determined in accordance with the term "beneficial ownership" as defined in Rule 13d-3 under the Exchange Act as in effect on the date of this Agreement and, in addition, "beneficial ownership" shall include securities which such Person has the right to Page 74 of 112 acquire (irrespective of whether such right is exercisable immediately or only after the passage of time, including the passage of time in excess of sixty (60) days) pursuant to any agreement, arrangement or understanding or upon the exercise of conversion rights, exchange rights, warrants or options, or otherwise. For purposes of this Agreement, a Shareholder shall be deemed to beneficially own any Voting Securities beneficially owned by its Affiliates or any Group of which such Shareholder or any such Affiliate is a member. "Board of Directors" shall mean the Board of Directors of the Company. "Commission" shall mean the Securities and Exchange Commission. "Conversion Shares" shall mean the shares of Junior Preferred Stock or shares of Common Stock into which shares of Senior Preferred Stock or Junior Preferred Stock have been converted. "DLJ Parent Entities" mean and includes Donaldson, Lufkin & Jenrette Securities Corporation, Donaldson, Lufkin & Jenrette Inc., DLJdirect Inc. Pershing Trading, L.P., Autranet Inc. and any Person that, directly or indirectly, controls Donaldson, Lufkin & Jenrette Inc. "DLJ Shareholders" shall mean DLJMB Funding II, Inc., DLJ Merchant Banking Partners II, L.P., DLJ Merchant Banking Partners II-A, L.P., DLJ Diversified Partners, L.P., DLJ Diversified Partners-A, L.P., DLJ Millennium Partners, L.P., DLJ Millennium Partners-A, L.P., DLJ First ESC L.P., DLJ Offshore Partners II, C.V., DJL EAB Partners, L.P. and DLJ ESC II L.P. "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended. "Greenwich Street Parent Entities" means and includes CitiGroup and Salomon Smith Barneyand any Person or Group that, directly or indirectly, controls CitiGroup. "Greenwich Street Shareholders" shall mean Greenwich Street Capital Partners II, L.P., GSCP Offshore Fund, L.P., Greenwich Fund, L.P., Greenwich Street Employees Fund, L.P. and TRV Executive Fund, L.P. "Group" shall mean a "group" as such term is used in Section 13(d)(3) of the Exchange Act as in effect on the date of this Agreement. "Laws" shall mean all applicable foreign, federal, state and local laws, statutes, rules, regulations, codes and ordinances. Page 75 of 112 "Person" shall mean any individual, Group, corporation, general or limited partnership, limited liability company, governmental entity, joint venture, estate, trust, association, organization or other entity of any kind or nature. "Related Person" means, with respect to any Person, (A) any Affiliate of such Person, (B) any investment manager, investment advisor or partner of such Person or an Affiliate of such Person, and (C) any investment fund, investment account or investment entity whose investment manager, investment advisor or general partner is such Person or a Related Person of such Person; provided, however, that "Related Person" shall mean with respect to any DLJ Shareholder, (I) any general or limited partner of such DLJ Shareholder (a "DLJ Partner"), (II) any corporation, partnership or other entity which is an Affiliate of such DLJ Shareholder or of any DLJ Partner (collectively, the "DLJ Affiliates"), (III) any managing director, general partner, director, limited partner, officer or employee of (x) such DLJ Shareholder, (y) such DLJ Partner or (z) any DLJ Affiliate of such DLJ Partner or a DLJ Affiliate, or the heirs, executors, administrators, testamentary trustees, legatees or beneficiaries of any of the foregoing Persons referred to in this clause (III) (collectively, "DLJ Associates"), (IV) any trust, the beneficiaries of which, or a corporation, limited liability company or partnership, the stockholders, members or general or limited partners of which, include only such DLJ Shareholder, DLJ Affiliates, DLJ Associates, their spouses or their lineal descendants, and (V) a voting trustee for one or more DLJ Shareholders, DLJ Affiliates or DLJ Associates. "Reorganization Transaction" means: (i) any merger, consolidation, recapitalization, liquidation or other business combination transaction involving the Company; (ii) any tender offer or exchange offer for any securities of the Company; or (iii) any sale or other disposition of assets of the Company or any of its Subsidiaries in a single transaction or in a series of related transactions in each of the foregoing cases constituting individually or in the aggregate 10% or more of the assets or Voting Securities (as applicable) of the Company. "Securities Act" shall mean the Securities Act of 1933, as amended. "Shareholder Designee" shall mean a person designated for election to the Board of Directors by the Apollo/Blackstone Shareholders as provided in Section 3.1. "Total Voting Power" shall mean the total combined Voting Power, on a fully diluted basis, of all the Voting Securities then outstanding. "Voting Power" shall mean, as of the date of determination, the voting power in the general election of directors of the Company, and shall be calculated for Page 76 of 112 each Voting Security by reference to the maximum number of votes such Voting Security is or would be entitled to cast in the general election of directors, and, in the case of convertible (or exercisable or exchangeable) securities, by reference to the maximum number of votes such Voting Security would be entitled to cast in unconverted or converted (or exercised, unexercised, exchanged or unexchanged) status. For purposes of determining Voting Power under this Agreement, a Voting Security which is convertible into or exchangeable for a Voting Security shall be counted as having the greater of (i) the number of votes to which such Voting Security is entitled prior to conversion or exchange and (ii) the number of votes to which the Voting Security into which such Voting Security is convertible or exchangeable is entitled. Notwithstanding anything else to the contrary contained in this Agreement, there shall not be included in calculating Voting Power any votes which a Person shall have upon and by reason of the non-payment of dividends on preferred shares in accordance with the terms of such preferred shares. "Voting Securities" shall mean (x) any securities entitled, or which may be entitled, to vote generally in the election of directors of the Company (including, when issued, shares of Senior Preferred Stock and Junior Preferred Stock), (y) any securities convertible or exercisable into or exchangeable for such securities (whether or not the right to convert, exercise or exchange is subject to the passage of time or contingencies or both), or (z) any direct or indirect rights or options to acquire any such securities; provided that unexercised options granted pursuant to any employment benefit or similar plan and rights issued pursuant to any shareholder rights plan shall be deemed not to be "Voting Securities" (or to have Voting Power). In addition, the following terms have the definitions specified in the Sections noted: Term Section ---- ------- AIF IV recitals AIF III recitals AOP IV recitals AOP III recitals AUK III recitals AAW recitals Actual Voting Power Threshold 3.1(b) Agreement recitals BCP recitals BCP II recitals BOC III recitals BOC II recitals BFP III recitals BFP II recitals Beneficial Ownership Threshold 3.1(b) Common Stock recitals Page 77 of 112 Company recitals Credit Agreement 1.2(e) Disposition 4.1 Exempt Affiliate 2.1 Future Major Investor 2.3 HSR Act 1.2(c) Information 3.4 Junior Preferred Stock recitals Laidlaw Block recitals Laidlaw recitals Management Directors 3.1(b) Material Adverse Effect 1.2(b) Moving Party 5.3 Nominating Committee 3.1(b) Original Agreement recitals Preferred Stock Purchase Agreement recitals Purchase Date 4.1(b) Registration Rights Agreement recitals Related Transferee 4.1(f) Representatives 5.13 Rule 144 Sale 4.1(c) Senior Preferred Stock recitals Shareholder Designee Period 3.1(b) Shareholders recitals Shares recitals Specific Rights 5.13 Standstill Period 2.1 TPG Group Block recitals Unaffiliated Directors 3.1(b) SECTION 1.2. Representations and Warranties of the Company. The Company represents and warrants to Shareholders as follows: (a) The execution, delivery and performance by the Company of this Agreement and the consummation by the Company of the transactions contemplated hereby are within its corporate powers and have been duly authorized by all necessary corporate action on its part. This Agreement constitutes a legal, valid and binding agreement of the Company enforceable against the Company in accordance with its terms, subject, as to enforcement, to bankruptcy, and insolvency, fraudulent transfer reorganization, moratorium and similar laws of general applicability relating to or affecting creditor's rights and to general equity principles. (b) The execution, delivery and performance of this Agreement by the Company does not and will not (i) contravene or conflict with or constitute a default under the Company's Certificate of Incorporation or Bylaws, (ii) contravene or conflict with or constitute a default under any agreement to which the Company is a party or is bound, or result in a breach of or default under any instrument or agreement to which Page 78 of 112 the Company is a party or is bound, which violation, breach or default would have a material adverse effect on the Company's business taken as a whole or would adversely affect the consummation of the transactions contemplated by this Agreement or the Preferred Stock Purchase Agreement (a "Material Adverse Effect"), (iii) violate any judgment, order, injunction, decree or award against or binding upon the Company as of the date of this Agreement, the violation of which, individually or in the aggregate, would have a Material Adverse Effect, (iv) violate any Law relating to the Company, the violation of which, individually or in the aggregate, would have a Material Adverse Effect or (v) constitute a "change of control," or result in the acceleration of rights, under any material debt instrument to which the Company is a party. (c) Except for applicable requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act") and the Exchange Act or as disclosed in the Preferred Stock Purchase Agreement, the Company is not required to make any filing or registration with, or obtain any permit, authorization, consent or approval of, any governmental entity or any other Person in connection with this Agreement, the Preferred Stock Purchase Agreement, or any of the transactions contemplated hereby and thereby. (d) As of the date of this Agreement, there is no action, suit or proceeding pending or, to the knowledge of the Company, threatened against the Company that relates to this Agreement, the Preferred Stock Purchase Agreement, or any of the transactions contemplated hereby or thereby. (e) As of the date hereof, the Company would be entitled to make at least $1.00 in additional borrowings under the Credit Agreement (the "Credit Agreement") among the Company, Allied Waste North America, Inc., the lenders party thereto, The Chase Manhattan Bank, as Administrative Agent, Collateral Agent and Collateral Trustee, Citicorp USA, Inc., as Syndication Agent, Credit Suisse First Boston and DLJ Capital Funding, Inc., as Documentation Agents, and the consummation of the transactions contemplated by the Amended and Restated Agreement and Plan of Merger, dated as of May 21, 1999, among Browning - Ferris Industries, Inc., the Company and AWINI Acquisition Corporation and this Agreement will not, by itself, limit the Company's ability to borrow under the Credit Agreement. (f) All documents which have been filed by the Company with the Commission under the Exchange Act, at the time they were filed with the Commission, conformed in all material respects with the requirements of Exchange Act, and the rules and regulations of the Commission thereunder, and, as of the date thereof and taken as a whole as of the date hereof do not contain an untrue statement of a material Page 79 of 112 fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading. SECTION 1.3. Representations and Warranties of Shareholder. Each Shareholder severally, but not jointly, represents and warrants to the Company as follows: (a) The execution, delivery and performance by such Shareholder of this Agreement and the consummation by such Shareholder of the transactions contemplated by this Agreement are within its powers and have been duly authorized by all necessary action on its part. This Agreement constitutes a legal, valid and binding agreement of such Shareholder enforceable against such Shareholder in accordance with its terms, subject, as to enforcement, to bankruptcy, and insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditor's rights and to general equity principles. (b) The execution, delivery and performance of this Agreement by such Shareholder does not and will not contravene or conflict with or constitute a default under such Shareholder's partnership agreement or similar governing documents. (c) As of the date of this Agreement, such Shareholder does not beneficially own any Voting Securities except (i) any Voting Securities beneficially owned on the date hereof in compliance with the Original Agreement and (ii) to the extent such shares may be deemed to be beneficially owned, the shares of Senior Preferred Stock which are subject to the Preferred Stock Purchase Agreement. ARTICLE 2 - --------- Standstill - ---------- SECTION 2.1. Standstill. (a) Until the earliest to occur of (A) the tenth anniversary of the purchase of the Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement, (B) the date on which the Apollo/Blackstone Shareholders own, collectively, Voting Securities which would represent (i) less than 10% of the Total Voting Power, excluding voting securities beneficially owned by the Shareholders other than the Apollo/Blackstone Shareholders and (ii) less than 10% of the Actual Voting Power, excluding voting securities beneficially owned by the Shareholders other than the Apollo/Blackstone Shareholders; provided that the Shareholders at such time are entitled to designate not more than one director pursuant to Article 3 hereof, and (C) termination under Section 2.2 (such period, the "Standstill Period") (provided that the Standstill Period shall end (x) with respect to the DLJ Shareholders, on the date on which the DLJ Shareholders no longer own any shares of Senior Preferred Stock or any Conversion Shares, and (y) with respect to the Greenwich Street Shareholders, on the date on which the Greenwich Street Shareholders no longer own Page 80 of 112 any shares of Senior Preferred Stock or any Conversion Shares), each Shareholder will not, and will cause each of its Affiliates (other than Exempt Affiliates) not to, directly or indirectly: (i) acquire, offer to acquire, or agree to acquire, by purchase or otherwise, any Voting Securities or voting rights or direct or indirect rights or options to acquire any Voting Securities of the Company or any of its Affiliates other than (A) the exercise of convertible securities acquired in compliance with the terms of this Agreement (including the acquisition of shares of Common Stock or Junior Preferred Stock upon conversion of shares of Senior Preferred Stock), or an acquisition as a result of a stock split, stock dividend or similar recapitalization, (B) the acquisition of shares of Senior Preferred Stock which are subject to the Preferred Stock Purchase Agreement, (C) with the prior written consent of the chairman of the Board of Directors and the chief executive officer of the Company, acquisitions by the Apollo/Blackstone Shareholders of up to a collective aggregate amount of 3,000,000 shares (as such number may be appropriately adjusted to reflect stock splits, reverse stock splits, stock dividends or any other recapitalization of the Company) of Common Stock, (D) stock options or similar rights granted by the Company to an Affiliate of such Shareholder as compensation for performance as a director or officer of the Company or its subsidiaries (and any shares issuable upon exercise thereof), (E) transfers between such Shareholder and Related Transferees as permitted under Section 4.1(f) or (F) any rights which are granted to all shareholders of the Company (and any shares issuable upon exercise thereof); provided, however, that if the Shareholders or any of their Affiliates in good faith inadvertently acquire not more than 500,000 shares of Common Stock in violation of these provisions and within 15 days after the first date on which the Shareholders have actual knowledge (including by way of written notice given by the Company) that a violation has occurred Shareholders or any of their Affiliates shall have transferred any shares of Common Stock held in violation of these provisions to unrelated third parties so that the Shareholders and their Affiliates no longer beneficially own any such shares or have any agreement or understanding relating to such shares, this Section 2.1 shall be deemed to not have been violated; and provided, further, that no violation of this provision shall be deemed to have occurred by reason of the indirect acquisition of beneficial ownership of securities resulting from (x) investments in investment funds as to which no Shareholder or Affiliate thereof has control or power to control with respect to voting or investment decisions or (y) acquisitions of securities by a limited partner in any Shareholder or Affiliates thereof as to which limited partner no Shareholder or its Affiliates has control or power to control; Page 81 of 112 (ii) make or cause to be made any proposal for a Reorganization Transaction except for Dispositions in accordance with Article 4; (iii) form, join or in any way participate in a Group with respect to any securities of the Company or its Affiliates, other than with other Shareholders or Affiliates of any Shareholder; provided, however, that in the case of securities other than Voting Securities, Shareholders may participate in a Group with respect thereto with the prior approval of a majority of the entire Board of Directors (which approval is requested in a manner which does not require disclosure publicly or to any third party); (iv) make, or in any way cause or participate in, any "solicitation" of "proxies" to vote (as those terms are defined in Regulation 14A under the Exchange Act) with respect to the Company or its Affiliates, or communicate with, seek to advise, encourage or influence any Person, in any manner, with respect to the voting of, securities of the Company or its Affiliates, or become a "participant" in any "election contest" (as those terms are defined or used in Rule 14a-11 under the Exchange Act) with respect to the Company or its Affiliates (other than non-public communications with other Shareholders or Affiliates of any Shareholder which would not require public disclosure by any Person or solicitation of proxies in support of the election of Shareholder Designees, Management Directors and Unaffiliated Directors nominated by the Board of Directors in accordance with Section 3.1 hereof in circumstances in which a third party is soliciting parties for the election of nominees not nominated by the Board of Directors); (v) initiate, propose or, except with the prior approval of a majority of the entire Board of Directors (which approval is requested in a manner which does not require disclosure publicly or to any third parties) otherwise solicit stockholders for the approval of one or more stockholder proposals with respect to the Company or its Affiliates or induce or attempt to induce any other Person to initiate any stockholder proposal or seek election to or seek to place a representative on the Board of Directors of the Company (except pursuant to Section 3.1 of this Agreement) or its Affiliates or seek the removal of any member of the Board of Directors of the Company or its Affiliates (for this purpose, the actions of the Shareholder Designees in communicating (without public disclosure or disclosure to third parties) with the Board of Directors in their capacity as directors of the Company, and non-public communication by a Shareholder with other Shareholders or Affiliates of any Page 82 of 112 Shareholder which would not require public disclosure by any Person, shall not be deemed to be in contravention of this paragraph (v)); (vi) in any manner, agree, attempt, seek or propose (other than making any request for permission with respect thereto which would not require disclosure publicly or to any third party) to deposit any securities of the Company or its Affiliates in any voting trust or similar arrangement or to subject any securities of the Company or its Affiliates to any other voting or proxy agreement, arrangement or understanding (other than any such agreements or understandings with other Shareholders or Affiliates of any Shareholder); (vii) offer, sell or transfer any Voting Securities or rights to receive Voting Securities except for Dispositions in accordance with Article 4; (viii) disclose any intention, plan or arrangement, or make any public announcement (or request permission to make any such announcement other than making any request for permission which would not require disclosure publicly or to any third party), or induce any other Person to take any action, inconsistent with the foregoing; (ix) enter into any negotiations, arrangements or understandings with any third party with respect to any of the foregoing; (x) advise, assist or encourage or finance (or assist or arrange financing to or for) any other Person in connection with any of the foregoing; (xi) otherwise act in concert with others, to seek to control or influence the management, Board of Directors or policies of the Company or its Affiliates (for this purpose, the actions of the Shareholder Designees in their capacity as directors of the Company shall not be deemed to be in contravention of this paragraph (xi)); or (xii) request a waiver of any of the provisions of any of paragraphs (i) through (xii) of this Section 2.1 (except any request which would not require disclosure publicly or to any third party); provided, that this Section 2.1 shall not restrict or inhibit the rights of a Shareholder to exercise its voting rights as a stockholder of the Company (subject to Section 3.2). (b) Affiliates of Shareholders who (i) are not Apollo/Blackstone Shareholders or their Affiliates, (ii) are not Related Transferees of any Shareholder, (iii) are not in possession of any material non-public Information provided to Page 83 of 112 Shareholders by the Company, its subsidiaries or representatives pursuant to Section 3.4 hereof or otherwise, and (iv) do not have voting or dispositive power over any shares of Senior Preferred Stock or any Conversion Shares (such affiliates being "Exempt Affiliates") shall not be subject to this Section 2.1. (c) The DLJ Shareholders represent and warrant to the Company that the DLJ Parent Entities are now, and at any time during the Standstill Period that they take actions that would be otherwise prohibited by Section 2.1(a) will be, Exempt Affiliates. The Greenwich Street Shareholders represent and warrant to the Company that the Greenwich Street Parent Entities are now, and at all times during the Standstill Period that they take actions that would be otherwise prohibited by Section 2.1(a) will be, Exempt Affiliates. Based upon the foregoing representations and warranties in this Section 2.1(c), the Company will consider the DLJ Parent Entities and the Greenwich Street Parent Entities to be Exempt Affiliates. SECTION 2.2. Early Termination of Standstill. The obligations of Shareholders under Section 2.1 shall terminate early upon the occurrence of any of the following events: (a) At least $10,000,000 in indebtedness for monies borrowed by the Company or its subsidiaries shall have been accelerated and payment therefor shall not have been made within 20 days after such acceleration, and the Company shall not in good faith be contesting whether such amount is owed. (b) A final judgment or judgments (not subject to appeal) for the payment of money shall have been entered against the Company or its subsidiaries in an aggregate amount in excess of $10,000,000 (exclusive of any amounts fully covered by insurance (less any applicable deductible) or indemnification) by a court or courts of competent jurisdiction, which judgments remain unsatisfied, undischarged, unstayed or unbonded for a period of 45 days after the entry of such judgment or judgments. (c) The Company shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to Title 11 of the United States Code or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequestrator (or other similar official) of the Company or for all or any substantial part of its property, or shall make a general assignment for the benefit of its creditors. (d) A petition or answer shall be filed proposing the adjudication of the Company as bankrupt or its reorganization or arrangement, or any composition, Page 84 of 112 readjustment, liquidation, dissolution or similar relief with respect to it pursuant to Title 11 of the United States Code or under any similar present or future federal law or the law of any other jurisdiction, and the Company shall consent to or acquiesce in the filing thereof, or such petition or answer shall not be discharged or denied within 60 days after the filing thereof. (e) The Company shall be in material breach of its obligations to Shareholders under the Registration Rights Agreement and such breach shall not have been cured within 20 days after receipt by the Company from Shareholders of a written notice specifying such breach and requiring it to be remedied, and the Company shall not in good faith be contesting whether such breach has occurred. (f) If the Company shall, in breach of its obligations under this Agreement, fail to nominate for election to the Board of Directors any Shareholder Designee who satisfies the requirements for designation to the Board of Directors set forth in Section 3.1(d). SECTION 2.3. Modification Upon Subsequent Agreement. If (a) the Company enters into any agreement, understanding or arrangement with any other Person or Group (each a "Future Major Investor") relating to the Company's obligation, whether absolute, contingent, current or future, to support or cause the nomination of one or more Persons to the Board of Directors at the request of the Future Major Investor, and (b) such agreement, understanding or arrangement contains any terms with respect to the matters covered by this Article 2 that are more favorable to the Future Major Investor than those provided to the Shareholders hereunder, then this Article 2 shall be automatically modified to include the more favorable terms and thereby provide the Shareholders with rights at least as favorable and obligations no more burdensome as those given to the Future Major Investor. ARTICLE 3 - --------- Board Representation and Voting - ------------------------------- SECTION 3.1. Board Representation. (a) Until the earlier to occur of the tenth anniversary of the purchase of shares of Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement and the date on which the Apollo/Blackstone Shareholders own, collectively, less than 20% of the Apollo/Blackstone Shares (the "Shareholder Designee Period"), the Board of Directors shall consist of no more than thirteen (13) directors during the Shareholder Designee Period. For so long as the Apollo/Blackstone Shareholders are entitled to at least two Shareholder Designees under this Agreement, the Apollo/Blackstone Shareholders shall be entitled to have one Shareholder Designee serve on each committee of the Board of Directors other than any committee formed for the purpose of considering Page 85 of 112 matters relating to the Shareholders and as set forth below with respect to the Nominating Committee. (b) Immediately following the purchase of shares of Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement, the Company will cause David Blitzer to be elected or appointed to the Board of Directors. At all times during the Shareholder Designee Period, the Company agrees, subject to Section 3.1(d), to support the nomination of, and the Company's Nominating Committee (as defined herein) shall recommend to the Board of Directors the inclusion in the slate of nominees recommended by the Board of Directors to shareholders for election as directors at each annual meeting of shareholders of the Company: (i) no more than two persons who are executive officers of the Company ("Management Directors"), (ii) (A) five Shareholder Designees, so long as the Apollo/Blackstone Shareholders beneficially own 80% or more of the Apollo/Blackstone Shares, (B) four Shareholder Designees, so long as the Apollo/Blackstone Shareholders beneficially own 60% or more but less than 80% of the Apollo/Blackstone Shares, (C) three Shareholder Designees, so long as the Apollo/Blackstone Shareholders beneficially own 40% or more but less than 60% of the Apollo/Blackstone Shares, (D) two Shareholder Designees, so long as the Apollo/Blackstone Shareholders beneficially own 20% or more but less than 40% of the Apollo/Blackstone Shares, and (E) one Shareholder Designee, so long as the Apollo/Blackstone Shareholders beneficially own 10% or more but less than 20% of the Apollo/Blackstone Shares (each a "Beneficial Ownership Threshold"); provided, however, that if at any time as a result of the Company's issuance of Voting Securities the Shareholders beneficially own 9% or less of the Actual Voting Power (the "Actual Voting Power Threshold"), the Apollo/Blackstone Shareholders shall be entitled to no more than three Shareholder Designees (even if the Apollo/Blackstone Shareholders would otherwise be entitled to a greater number of Shareholder Designees pursuant to clauses (A) through (E) above), and (iii) such other persons, each of whom is (A) recommended by the Nominating Committee and (B) not an employee or officer of or outside counsel to the Company or a partner, employee, director, officer, affiliate or associate (as defined in Rule 12b-2 under the Exchange Act) of any Shareholder or any affiliate of a Shareholder or as to which the Shareholders or their affiliates own at least ten percent of the voting equity securities ("Unaffiliated Directors"). If any vacancy (whether by death, retirement, disqualification, removal from office or other cause, or by increase in number of directors) occurs prior to a meeting of the Company's stockholders, the Board (i) may appoint a member of management to fill a vacancy caused by a Management Director ceasing to serve as a director, (ii) shall appoint, subject to Section 3.1(d), a person designated by the Apollo/Blackstone Shareholders to fill a vacancy created by a Shareholder Designee ceasing to serve as a director (except as a result of the reduction of the number of Shareholder Designees entitled to be included on the Board of Page 86 of 112 Directors by reason of a decrease in the Apollo/Blackstone Shareholders' beneficial ownership of Apollo/Blackstone Shares below any Beneficial Ownership Threshold or by reasons of a decrease in the Shareholders' beneficial ownership of Voting Securities below the Actual Voting Power Threshold), and (iii) may appoint a person who qualifies as an Unaffiliated Director and is recommended by the Nominating Committee pursuant to the procedures set forth in the following paragraph to fill a vacancy created by an Unaffiliated Director ceasing to serve as a director (provided, however, that in the case of a vacancy relating to an Unaffiliated Director, if a majority of the Nominating Committee is unable to recommend a replacement, then the Board seat with respect to this vacancy shall remain vacant), and each such person shall be a Management Designee, Shareholder Designee or Unaffiliated Director, as the case may be, for purposes of this Agreement. At all times during the Shareholder Designee Period, Unaffiliated Directors shall be designated exclusively by a majority of a nominating committee (the "Nominating Committee"), which shall at all times during the Shareholder Designee Period consist of not more than four persons, two of whom shall be Shareholder Designees (or such lesser number of Shareholder Designees as then serves on the Board of Directors) and two of whom shall be either Management Directors or Unaffiliated Directors. If the Nominating Committee is unable to recommend one or more persons to serve as Unaffiliated Directors (except with respect to any vacancy created by an Unaffiliated Director ceasing to serve as such), then the Board of Directors shall nominate and recommend for election by stockholders an Unaffiliated Director then serving on the Board of Directors. Notwithstanding the foregoing, if the Apollo/Blackstone Shareholders beneficially own less than 50% of the Apollo/Blackstone Shares, the Nominating Committee shall be comprised of individuals only one of whom is a Shareholder Designee. The foregoing provisions shall be effected pursuant to an amendment to the Company's Bylaws in a form reasonably acceptable to the parties to this Agreement, which shall not be further amended by the Board of Directors during the Shareholder Designee Period. Notwithstanding the foregoing, the Company shall have no obligation to support the nomination, recommendation or election of any Shareholder Designee pursuant to this Section 3.1(b) or any other obligation under this Section 3.1 if the Apollo/Blackstone Shareholders are in breach of any material provision of this Agreement. (c) Upon any decrease in Apollo/Blackstone Shareholders' beneficial ownership of Apollo/Blackstone Shares below any Beneficial Ownership Threshold or Page 87 of 112 any decrease in the Shareholders beneficial ownership of Voting Securities below the Actual Voting Power Threshold, the Apollo/Blackstone Shareholders shall cause a number of Shareholder Designees to offer to immediately resign from the Company's Board of Directors such that the number of Shareholder Designees serving on the Board of Directors immediately thereafter will be equal to the number of Shareholder Designees which the Apollo/Blackstone Shareholders would then be entitled to designate under Section 3.1(b). Upon termination of the Shareholder Designee Period, the Apollo/Blackstone Shareholders shall promptly cause all of the Shareholder Designees to offer to resign immediately from the Board of Directors and any committees thereof and the Company's obligations under this Section 3.1 shall terminate. (d) Notwithstanding the provisions of this Section 3.1, the Apollo/Blackstone Shareholders shall not be entitled to designate any person to the Company's Board of Directors (or any committee thereof) in the event that the Company receives a written opinion of its outside counsel that a Shareholder Designee would not be qualified under any applicable law, rule or regulation to serve as a director of the Company or if the Company objects to a Shareholder Designee because such Shareholder Designee has been involved in any of the events enumerated in Item 2(d) or (e) of Schedule 13D or such person is currently the target of an investigation by any governmental authority or agency relating to felonious criminal activity or is subject to any order, decree, or judgment of any court or agency prohibiting service as a director of any public company or providing investment or financial advisory services and, in any such event, the Apollo/Blackstone Shareholders shall withdraw the designation of such proposed Shareholder Designee and designate a replacement therefor (which replacement Shareholder Designee shall also be subject to the requirements of this Section). The Company shall use its reasonable best efforts to notify the Apollo/Blackstone Shareholders of any objection to a Shareholder Designee sufficiently in advance of the date on which proxy materials are mailed by the Company in connection with such election of directors to enable the Apollo/Blackstone Shareholders to propose a replacement Shareholder Designee in accordance with the terms of this Agreement. (e) Each Shareholder Designee serving on the Board of Directors shall be entitled to all compensation and stock incentives granted to directors who are not employees of the Company on the same terms provided to, and subject to the same limitations applicable to, such directors. SECTION 3.2. Voting. (a) Each Shareholder agrees that during the Standstill Period such Shareholder shall, and shall cause its Affiliates and any Person which is a member of any Group of which such Shareholder or any of its Affiliates is a Page 88 of 112 member to, be present, in person or represented by proxy, at all meetings of shareholders of the Company so that all Voting Securities beneficially owned by such Shareholder shall be counted for the purpose of determining the presence of a quorum at such meetings. Each Shareholder agrees that during the Standstill Period: (i) In connection with the election of directors of the Company, such Shareholder shall vote or cause to be voted all Voting Securities beneficially owned by such Shareholder to elect those individuals nominated in accordance with the provisions of Section 3.1. (ii) In connection with any proposal for a Reorganization Transaction, such Shareholder shall vote or cause to be voted, or consent with respect to, all Voting Securities beneficially owned by such Shareholder in the manner recommended by a majority of the entire Board of Directors. (iii) In connection with other proposals submitted to shareholders of the Company, such Shareholder shall be free to vote or cause to be voted, or consent with respect to, all Voting Securities beneficially owned by such Shareholder in its discretion. SECTION 3.3. Notices of Dispositions of Voting Securities. Not later than the tenth day following the end of any calendar month during the Standstill Period in which one or more Dispositions of Voting Securities by a Shareholder or any of its Affiliates shall have occurred, such Shareholder shall use its reasonable best efforts to give written notice to the Company of all such Dispositions (in the case of Dispositions by Affiliates, to the extent it has knowledge) unless any such Disposition has been reflected in a public filing that was delivered to the Company on or in advance of the date upon which notice thereof under this Section 3.3 would have been due. Such notice shall state the date upon which each such Disposition was effected, the number and type of Voting Securities involved in each such Disposition, the means by which each such Disposition was effected and, to the extent known, the identity of the Person acquiring Voting Securities. SECTION 3.4. Access to Information. The Company will provide each Shareholder during normal business hours with reasonable prior written notice with (i) access to the books and records of the Company and information relating to the Company, its properties, operations, financial condition and affairs ("Information") and (ii) the opportunity to consult with management of the Company from time to time regarding the Company, its properties, operations, finances and affairs. Certain of the Shareholders have requested the Information and consultation rights provided herein to enable the Shares held by such Shareholders to qualify as a "venture capital investment" as to which such Shareholders have "management rights," in each case as Page 89 of 112 such terms are defined in Department of Labor Regulation Section 2510.3-101(d); provided, however, that nothing herein shall require the Company to furnish such Shareholders with more than rights of access to Information and consultation provided herein regardless of whether such rights are sufficient for such Shareholders to comply with venture capital operating company requirements. In furtherance of the foregoing, the Company agrees to inform the Shareholders with respect to any corporate actions which the Company considers to be major or significant, including, without limitation, extraordinary dividends, mergers, acquisitions or dispositions of significant assets, issuances of significant amounts of debt or equity and material amendments to the certificate of incorporation or by-laws of the Company, and (subject to the limitations specified in the proviso in the preceding sentence) to provide the Shareholders with the opportunity to consult with management of the Company with respect to such matters. The Shareholders agree to hold in strict confidence all nonpublic Information furnished to them and to use all Information only in connection with the management of their investment in the Company, except that the Shareholders may disclose any information that (i) is or becomes generally available to the public other than as a result of disclosure by the Shareholders, and (ii) is or becomes available to the Shareholders from a source other than the Company; provided, however, that, to the knowledge of the Shareholders, the source is not bound by a confidentiality obligation with the Company in respect thereof. If any Shareholder is required by a court or administrative agency to disclose any of the nonpublic Information, the Shareholder shall promptly notify the Company of such requirement so that the Company may at its own expense oppose such requirement or seek a protective order and request confidential treatment of such Information. It is agreed that if the Shareholder is nonetheless compelled to disclose the Information, the Shareholder may disclose such portion of the Information which is legally required without liability hereunder. In any event, the Shareholder will not oppose action by the Company to obtain a protective order or other reliable assurance that confidential treatment will be accorded the Information. Nothing herein shall permit any Shareholder to disclose material non-public Information to permit such Shareholder to purchase or sell securities of the Company in compliance with the federal securities laws. ARTICLE 4 - --------- Transfer Restrictions - --------------------- SECTION 4.1. Restrictions on Dispositions. During the Standstill Period, each Shareholder shall not, and shall cause its Affiliates not to, directly or indirectly (including, without limitation, through the disposition or transfer of control of another Person), sell, assign, donate, transfer, pledge, hypothecate, grant any option with respect to or otherwise dispose of any interest in (or enter into an agreement or understanding with respect to the foregoing) any Voting Securities (a "Disposition"), except as set forth below in this Section 4.1. Without limiting the generality of the Page 90 of 112 foregoing, any sale of securities held by any Shareholder or any of its Affiliates which is currently (or following the passage of time, the occurrence of any event or the giving of notice), directly or indirectly, exchangeable or exercisable for, or convertible into, any Voting Securities shall constitute a Disposition of such Voting Securities. Dispositions may be effected by a Shareholder during the Standstill Period as follows: (a) No Dispositions of any nature may be made prior to the first anniversary of the purchase of the Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement, except pursuant to Sections 4.1(b) through 4.1(f). (b) As of the date of purchase of the shares of Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement (the "Purchase Date"), with respect to the Shares, and after the first anniversary of the Purchase Date, with respect to all other Voting Securities, Dispositions of Voting Securities may be made at any time in compliance with the Registration Rights Agreement. (c) As of the Purchase Date, with respect to the Shares, and after the first anniversary of the Purchase Date, with respect to all other Voting Securities, Dispositions of Voting Securities may be made pursuant to sales effected in accordance with Rule 144 under the Securities Act (a "Rule 144 Sale"); provided that such Dispositions shall not be made to any Person who or which would immediately thereafter, to the knowledge of such Shareholder, any of its Affiliates, or such Shareholder's broker, beneficially own Voting Securities representing 9% or more of the Total Voting Power (and such Person shall have provided a certificate to such effect). (d) As of the Purchase Date, with respect to the Shares, and after the first anniversary of the Purchase Date, with respect to all other Voting Securities, Dispositions may be made to any Person (other than pursuant to a Reorganization Transaction) that would, following such sale, beneficially own no more than 9% of the Total Voting Power (and such Person shall have provided a certificate to such effect). (e) Dispositions may be made pursuant to a merger transaction or other business combinations or a tender offer for outstanding shares of Common Stock which is recommended to the shareholders of the Company generally by at least a majority of the entire Board of Directors, on the terms and conditions of such transaction available to all other holders of shares of Common Stock or on terms and conditions recommended by at least a majority of the entire Board of Directors (excluding the Apollo/Blackstone Designees) as to the Preferred Stock and Junior Preferred Stock. Page 91 of 112 (f) Dispositions may be made by a Shareholder to (i) any other Shareholder or (ii) any Related Person of any Shareholder that executes an instrument in form and substance satisfactory to the Company in which it makes the representations and warranties set forth in Section 1.3(b) as of the date of the execution of such instrument and agrees to be bound by the terms of this Agreement as if an original signatory to this Agreement (such transferee, a "Related Transferee"), in which case such Related Transferee shall thereafter be a "Shareholder" for all purposes of this Agreement. (g) With respect to Voting Securities which are, by their terms, convertible into or exercisable or exchangeable for other Voting Securities such conversion, exercise or exchange shall not be deemed a Disposition. Without limiting the foregoing, the Company acknowledges that the conversion of shares of Senior Preferred Stock or shares of Junior Preferred Stock into Conversion Shares shall not be a Disposition. (h) Each Shareholder agrees that during the Standstill Period, without the consent of the managing underwriter(s) in an underwritten offering in respect of the Company's Voting Securities, it will not effect any sale or distribution of Voting Securities (other than in connection with such Shareholder's own registration pursuant to paragraph (b) of this Section 4.1), including a Rule 144 Sale, during the ten (10) day period prior to, and during the ninety (90) day period beginning on, the effective date of the registration statement filed by the Company in respect of such underwritten offering, or any shorter period as may apply to the Company and its affiliates. ARTICLE 5 - --------- Miscellaneous - ------------- SECTION 5.1. Notices. All notices, requests, demands and other communications required or permitted hereunder shall be made in writing by hand-delivery, registered first-class mail, telex, fax or air courier guaranteeing delivery: (a) If to the Company, to: Allied Waste Industries, Inc. 15880 North Greenway-Hayden Loop, Suite 100 Scottsdale, Arizona 85260 Attn: Steven Helm, Esq. Fax: (602) 627-2703 Page 92 of 112 with copies to: Fennemore Craig 3003 North Central Avenue Phoenix, AZ 85012-2913 Attn: Karen McConnell, Esq. Fax: (602) 916-5999 and to: Fried, Frank, Harris, Shriver & Jacobson One New York Plaza New York, New York 10004 Attn: Peter Golden Fax: (212) 859-4000 or to such other person or address as the Company shall furnish to Shareholders in writing; (b) If to Shareholders, to: Apollo Management, L.P. 1999 Avenue of the Stars, Suite 1900 Los Angeles, CA 90067 Attn: David Kaplan Fax: (310) 201-4198 with a copy to: Skadden, Arps, Slate, Meagher & Flom LLP 300 South Grand Avenue Los Angeles, CA 90071-3144 Attn: Michael Woronoff Fax: (213) 687-5600 and: Page 93 of 112 The Blackstone Group 345 Park Avenue New York, NY 10154 Attn: Howard A. Lipson Fax: (212) 754-8716 with a copy to: Simpson Thacher & Bartlett 425 Lexington Avenue New York, NY 10017 Attn: Wilson S. Neely Fax: (212) 455-2502 and: Greenwich Street Investment II, L.L.C. 388 Greenwich Street, 36th Floor New York, New York 10013 Attn: Matthew Kaufman Fax: (212) 816-0166 with a copy to: Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 Attn: Michael Nissan Fax: (212) 310-8007 and: DLJ Merchant Banking II, Inc. 277 Park Avenue New York, New York 10172 Attn: Ari Benacerraf Fax: (212) 892-7272 and Attn: Ivy Dodes Fax: (212) 892-2689 Page 94 of 112 with a copy to: DLJ Merchant Banking II, Inc. 277 Park Avenue New York, New York 10172 Attn: Ivy Dodes Fax: (212) 892-2689 with a copy to: Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 Attn: Stephen M. Besen Fax: (212) 310-8007 or to such other person or address as Shareholders shall furnish to the Company in writing. All such notices, requests, demands and other communications shall be deemed to have been duly given: at the time of delivery by hand, if personally delivered; five (5) Business Days after being deposited in the mail, postage prepaid, if mailed domestically in the United States (and seven (7) Business Days if mailed internationally); when answered back, if telexed; when receipt acknowledged, if telecopied; and on the Business Day for which delivery is guaranteed, if timely delivered to an air courier guaranteeing such delivery. SECTION 5.2. Legends. (a) If requested in writing by the Company, a Shareholder shall present or cause to be presented promptly all certificates representing Voting Securities beneficially owned by such Shareholder or any of its Affiliates, for the placement thereon of a legend substantially to the following effect, which legend will remain thereon so long as such legend is required under applicable securities laws: "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. SUCH SHARES MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH A REGISTRATION THEREUNDER OTHER Page 95 of 112 THAN PURSUANT TO AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS AND DELIVERY TO ALLIED WASTE INDUSTRIES, INC. OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO IT TO THE EFFECT THAT SUCH TRANSFER IS EXEMPT FROM REGISTRATION UNDER THOSE LAWS." (b) Each Shareholder shall present or cause to be presented promptly all certificates representing Voting Securities beneficially owned by such Shareholder or any of its Affiliates, for the placement thereon of a legend substantially to the following effect, which legend will remain thereon during the Standstill Period as long as such Voting Securities are beneficially owned by any Shareholder or an Affiliate of any Shareholder: "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE PROVISIONS OF A SECOND AMENDED AND RESTATED SHAREHOLDERS AGREEMENT, DATED AS OF JULY 30, 1999, BETWEEN ALLIED WASTE INDUSTRIES, INC. ("ALLIED") AND CERTAIN STOCKHOLDERS OF ALLIED NAMED THEREIN AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT IN ACCORDANCE THEREWITH. A COPY OF SAID AGREEMENT IS ON FILE AT THE OFFICE OF THE CORPORATE SECRETARY OF ALLIED" (c) The Company may enter a stop transfer order with the transfer agent or agents of Voting Securities against any Disposition not in compliance with the provisions of this Agreement. SECTION 5.3. Enforcement. Shareholders, on the one hand, and the Company, on the other hand, acknowledge and agree that irreparable injury to the other party would occur in the event any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that such injury would not be adequately compensable in damages. It is accordingly agreed that, in addition to any other remedies which may be available at law or in equity, each party hereto (the "Moving Party") shall be entitled to specific enforcement of, and injunctive relief to prevent any violation of, the terms of this Agreement, and the other parties hereto will not take action, directly or indirectly, in opposition to the Moving Page 96 of 112 Party seeking such relief on the grounds that any other remedy or relief is available at law or in equity. The parties further agree that no bond shall be required as a condition to the granting of any such relief. SECTION 5.4. Entire Agreement. This Agreement constitutes the entire agreement and understanding of the parties with respect to the transactions contemplated hereby; provided that the Original Shareholders Agreement shall remain in full force and effect until the closing of the purchase and sale of the Senior Preferred Stock pursuant to the Preferred Stock Purchase Agreement and the representations and warranties of the parties set forth in Sections 1.2 and 1.3 of the Original Agreement shall survive and shall be deemed to be not amended or otherwise affected by this Agreement. This Agreement may be amended only by a written instrument duly executed by the parties or their respective successors or assigns; provided, however, that any amendment or waiver by the Company shall be made only with the prior approval of a majority of the directors of the Company other than Shareholder Designees. SECTION 5.5. Severability. Whenever possible, each provision or portion of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision or portion of any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law, rule or regulation in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or portion of any provision in such jurisdiction, and this Agreement will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision or portion of any provision shall have been replaced with a provision which shall, to the maximum extent permissible under such applicable law, rule or regulation, give effect to the intention of the parties as expressed in such invalid, illegal or unenforceable provision. SECTION 5.6. Headings. Descriptive headings contained in the Agreement are for convenience only and will not control or affect the meaning or construction of any provision of this Agreement. SECTION 5.7. Counterparts. For the convenience of the parties, any number of counterparts of this Agreement may be executed by the parties, and each such executed counterpart will be an original instrument. SECTION 5.8. No Waiver. Any waiver by any party of a breach of any provision of this Agreement shall not operate as or be construed to be a waiver of any other breach of such provision or of any breach of any other provision of this Agreement. The failure of a party to insist upon strict adherence to any term of this Agreement on one or more occasions shall not be considered a waiver or deprive that Page 97 of 112 party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. SECTION 5.9. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Company and Shareholders, and to their respective successors and assigns other than, in the case of Shareholders, transferees that are not Related Transferees, including any successors to the Company or Shareholders or their businesses or assets as the result of any merger, consolidation, reorganization, transfer of assets or otherwise, and any subsequent successor thereto, without the execution or filing of any instrument or the performance of any act; provided that no party may assign this Agreement without the other party's prior written consent, except by the Shareholders to a Shareholder or a Related Transferee as expressly provided in this Agreement (and that nothing herein restricts the transfer of any of the rights of Shareholders under the Registration Rights Agreement in accordance the terms of the Registration Rights Agreement). SECTION 5.10. Governing Law. This Agreement will be governed by and construed and enforced in accordance with the internal laws of the State of Delaware, without giving effect to the conflict of laws principles thereof. SECTION 5.11. Further Assurances. From time to time on and after the date of this Agreement, the Company and Shareholders, as the case may be, shall deliver or cause to be delivered to the other party hereto such further documents and instruments and shall do and cause to be done such further acts as the other parties hereto shall reasonably request to carry out more effectively the provisions and purposes of this Agreement, to evidence compliance herewith or to assure that it is protected in acting hereunder. SECTION 5.12. Consent to Jurisdiction and Service of Process. Any legal action or proceeding with respect to this Agreement or any matters arising out of or in connection with this Agreement, and any action for enforcement of any judgment in respect thereof shall be brought exclusively in the state or federal courts located in the State of Delaware, and, by execution and delivery of this Agreement, the Company and Shareholders each irrevocably consent to service of process out of any of the aforementioned courts in any such action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, or by recognized international express carrier or delivery service, to the Company or Shareholders at their respective addresses referred to in this Agreement. The Company and Shareholders each hereby irrevocably waives any objection which it may now or hereafter have to the laying of venue of any of the aforesaid actions or proceedings arising out of or in connection with this Agreement brought in the courts referred to above and hereby further Page 98 of 112 irrevocably waives and agrees, to the extent permitted by applicable law, not to plead or claim in any such court that any such action or proceeding brought in any such court has been brought in an inconvenient forum. Nothing in this Agreement shall affect the right of any party hereto to serve process in any other manner permitted by law. SECTION 5.13. Shareholder Action. The Company shall be entitled to rely upon any written notice, designation, or instruction signed by Apollo Management IV, L.P. and BCP (the "Representatives") as a notice, designation or instruction of all Shareholders and the Company shall not be liable to any Shareholder if the Company acts in accordance with and relies upon such writing. Notwithstanding the foregoing, however, the Company shall not be entitled to rely upon any written notice, designation or instruction signed by the Representatives as a notice, designation or instruction of the DLJ Shareholders or the Greenwich Street Shareholders if such notice, designation or instruction states that it relates to the first parenthetical proviso contained in the first paragraph of Section 2.1(a) or Section 2.1(b), 3.2(a)(iii), 3.4, 4.1(c), 5.4 or 5.9 of this Agreement (the "Specific Rights"). Each of the Shareholders acknowledges that the Representatives have full power and authority to act on their behalf; provided, however, that none of the DLJ Shareholders and the Greenwich Street Shareholders acknowledge the power or authority of the Representatives to act on their behalf with respect to the Specific Rights. Page 99 of 112 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first referred to above. ALLIED WASTE INDUSTRIES, INC. By:___________________________ Name: Title: APOLLO INVESTMENT FUND IV, L.P. APOLLO OVERSEAS PARTNERS IV, L.P. By: Apollo Advisors IV, L.P. its General Partner By: Apollo Capital Management IV, Inc. its General Partner By:__________________________ Name: Title: APOLLO/AW LLC By: Apollo Management IV, L.P. its Manager By: AIF IV Management, Inc. its General Partner By:__________________________ Name: Title: Page 100 of 112 APOLLO INVESTMENT FUND III, L.P. APOLLO OVERSEAS PARTNERS III, L.P. APOLLO (UK) PARTNERS III, L.P. By: Apollo Advisors II, L.P. its General Partner By: Apollo Capital Management II, Inc. its General Partner By:__________________________ Name: Title: BLACKSTONE CAPITAL PARTNERS III MERCHANT BANKING FUND L.P. BLACKSTONE OFFSHORE CAPITAL PARTNERS III L.P. BLACKSTONE FAMILY INVESTMENT PARTNERSHIP III L.P. By: Blackstone Management Associates III L.L.C. its General Partner By:__________________________ Name: Title: BLACKSTONE CAPITAL PARTNERS II MERCHANT BANKING FUND, L.P. BLACKSTONE OFFSHORE CAPITAL PARTNERS II, L.P. BLACKSTONE FAMILY INVESTMENT PARTNERSHIP II, L.P. By: Blackstone Management Associates II L.L.C. its General Partner Page 101 of 112 By:_________________________ Name: Title: GREENWICH STREET CAPITAL PARTNERS II, L.P. By: GREENWICH STREET INVESTMENTS II, L.L.C., its General Partner By:_________________________ Name: Title: GSCP OFFSHORE FUND, L.P. By: GREENWICH STREET INVESTMENTS II, L.L.C., its General Partner By:_________________________ Name: Title: Page 102 of 112 GREENWICH FUND, L.P. By: GREENWICH STREET INVESTMENTS II, L.L.C., its General Partner By:________________________ Name: Title: GREENWICH STREET EMPLOYEES FUND, L.P. By: GREENWICH STREET INVESTMENTS II, L.L.C., its General Partner By:_________________________ Name: Title: TRV EXECUTIVE FUND, L.P. By: GREENWICH STREET INVESTMENTS II, L.L.C., its General Partner By:_________________________ Name: Title: DLJMB FUNDING II, INC. Page 103 of 112 By:________________________ Name: Title: DLJ MERCHANT BANKING PARTNERS II, L.P. By: DLJ Merchant Banking II, Inc. Managing General Partner By:_________________________ Name: Title: DLJ MERCHANT BANKING PARTNERS II-A, L.P. By: DLJ Merchant Banking II, Inc. Managing General Partner By:___________________________ Name: Title: DLJ DIVERSIFIED PARTNERS, L.P. By: DLJ Diversified Partners, Inc. Managing General Partner By:___________________________ Name: Title: Page 104 of 112 DLJ DIVERSIFIED PARTNERS-A, L.P. By: DLJ Diversified Partners, Inc. Managing General Partner By:__________________________ Name: Title: DLJ MILLENNIUM PARTNERS, L.P. By: DLJ Merchant Banking II, Inc. Managing General Partner By:__________________________ Name: Title: DLJ MILLENNIUM PARTNERS-A, L.P. By: DLJ Merchant Banking II, Inc. Managing General Partner By:___________________________ Name: Title: Page 105 of 112 DLJ FIRST ESC L.P. By: DLJ LBO Plans Management Corporation General Partner By:____________________________ Name: Title: DLJ OFFSHORE PARTNERS II, C.V. By: DLJ Merchant Banking II, Inc. Managing General Partner By:___________________________ Name: Title: DLJ EAB PARTNERS, L.P. By: DLJ LBO Plans Management Corporation General Partner By:___________________________ Name: Title: Page 106 of 112 DLJ ESC II L.P. By: DLJ LBO Plans Management Corporation General Partner By:___________________________ Name: Title: Page 107 of 112 EX-99 3 EXHIBIT 2 EXHIBIT 2 The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or her contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or she knows of or has reason to believe that such information is not accurate. Dated: August 9, 1999 DLJMB FUNDING II, INC. By: /s/ Ivy Dodes ----------------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING PARTNERS II, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING PARTNERS II-A, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President Page 108 of 112 DLJ DIVERSIFIED PARTNERS, L.P. By: DLJ Diversified Partners, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED PARTNERS-A, L.P. By: DLJ Diversified Partners, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MILLENNIUM PARTNERS, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MILLENNIUM PARTNERS-A, L.P. By: DLJ Merchant Banking II, Inc., as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President Page 109 of 112 DLJ FIRST ESC, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ OFFSHORE PARTNERS II, C.V. By: DLJ Merchant Banking II, Inc., as Advisory General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ EAB PARTNERS, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ ESC II, L.P. By: DLJ LBO Plans Management Corporation, as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President Page 110 of 112 DLJ MERCHANT BANKING II, LLC By: DLJ Merchant Banking II, Inc., as Managing Member By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ MERCHANT BANKING II, INC. By: /s/ Ivy Dodes ----------------------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED ASSOCIATES, L.P. By: DLJ Diversified Partners, Inc. as Managing General Partner By: /s/ Ivy Dodes -------------------------------------- Name: Ivy Dodes Title: Vice President DLJ DIVERSIFIED PARTNERS, INC. By: /s/ Ivy Dodes ----------------------------------------------- Name: Ivy Dodes Title: Vice President DLJ LBO PLANS MANAGEMENT CORPORATION By: /s/ Ivy Dodes ----------------------------------------------- Name: Ivy Dodes Title: Vice President Page 111 of 112 DLJ CAPITAL INVESTORS, INC. By: /s/ Ivy Dodes ----------------------------------------------- Name: Ivy Dodes Title: Vice President DONALDSON, LUFKIN & JENRETTE, INC. By: /s/ Marjorie White ----------------------------------------------- Name: Marjorie White Title: Secretary THE EQUITABLE COMPANIES INCORPORTED By: /s/ Alvin H. Fenichel ----------------------------------------------- Name: Alvin H. Fenichel Title: Senior Vice President and Controller AXA FINAXA AXA ASSURANCES I.A.R.D. MUTUELLE AXA ASSURANCES VIE MUTUELLE AXA COURTAGE ASSURANCE MUTUELLE AXA CONSEIL VIE ASSURANCE MUTUELLE CLAUDE BEBEAR, as AXA Voting Trustee PATRICE GARNIER, as AXA Voting Trustee HENRI de CLERMONT-TONNERRE, as AXA Voting Trustee Signed on behalf of each of the above By: /s/ Alvin H. Fenichel ----------------------------------------------- Name: Alvin H. Fenichel Title: Attorney-in-Fact Page 112 of 112 -----END PRIVACY-ENHANCED MESSAGE-----