<SUBMISSION>
<ACCESSION-NUMBER>0001193125-16-781660
<TYPE>DEFA14A
<PUBLIC-DOCUMENT-COUNT>3
<FILING-DATE>20161201
<DATE-OF-FILING-DATE-CHANGE>20161201
<EFFECTIVENESS-DATE>20161201
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CLARCOR INC.
<CIK>0000020740
<ASSIGNED-SIC>3714
<IRS-NUMBER>360922490
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1130
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DEFA14A
<ACT>34
<FILE-NUMBER>001-11024
<FILM-NUMBER>162026748
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>840 CRESCENT CENTRE DRIVE
<STREET2>SUITE 600
<CITY>FRANKLIN
<STATE>TN
<ZIP>37067
<PHONE>(615)771-3100
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>840 CRESCENT CENTRE DRIVE
<STREET2>SUITE 600
<CITY>FRANKLIN
<STATE>TN
<ZIP>37067
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CLARCOR INC
<DATE-CHANGED>19920703
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CLARK J L MANUFACTURING CO /DE/
<DATE-CHANGED>19871001
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>d306757ddefa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML><HEAD>
<TITLE>DEFA14A</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C.&nbsp;20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SCHEDULE 14A
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Proxy Statement Pursuant to Section 14(a) of the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Securities Exchange Act of 1934 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Filed by the
Registrant&nbsp;&nbsp;&#9746;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Filed by a party other than the
Registrant&nbsp;&nbsp;&#9744;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="96%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Preliminary Proxy Statement</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Definitive Proxy Statement</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Definitive Additional Materials</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9746;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Soliciting Material Pursuant to &#167;240.14a-12</TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:22pt; font-family:Times New Roman" ALIGN="center"><B>CLARCOR
Inc. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Name of Registrant as Specified In Its Charter) </B></P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name of Person(s) Filing Proxy Statement, if other than the Registrant) </B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Payment of Filing Fee (Check the appropriate box): </P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9746;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">No fee required.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(1)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Title of each class of securities to which transaction applies:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(2)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Aggregate number of securities to which transaction applies:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(3)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is calculated and state how it was determined):</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(4)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Proposed maximum aggregate value of transaction:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(5)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Total fee paid:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Fee paid previously with preliminary materials.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously.&nbsp;Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(1)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Amount Previously Paid:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(2)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Form, Schedule or Registration Statement No.:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(3)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Filing Party:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(4)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date Filed:</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">December&nbsp;1, 2016 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g306757ltr3a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Valued Partner: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I am
pleased to share some exciting news about CLARCOR&#146;s future. Today we announced that CLARCOR has entered into an agreement to be acquired by Parker Hannifin (&#147;Parker&#148;), a global leader in motion and control technologies. A copy of the
press release announcing the transaction is attached. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We are very excited about this combination and believe that bringing our two companies together
will make us an even stronger partner for you. CLARCOR and Parker are highly complementary in terms of our products and capabilities, and we share a common commitment to supporting our business partners. Parker has a proud legacy, tracing its roots
back to 1917 with the founding of the Parker Appliance Company in Cleveland, Ohio. The company has a long history of innovation, just like CLARCOR, and shares our commitment to excellence, safety, integrity, quality, and customer service. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Importantly, we do not expect any changes in the near term. The transaction is expected to be finalized by or during Parker&#146;s FY18 first quarter
(July-September 2017). Until then, CLARCOR and Parker will continue to operate as independent companies. There will be no immediate changes to our relationship, and your point of contact will remain the same. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We are focused on ensuring a smooth transition, and you can be sure that our relationship with you remains a top priority. We will keep you informed of
developments as appropriate. In the meantime, please feel free to get in touch with us to discuss any questions you may have. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As always, we thank you for
your continued partnership. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Best regards, </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g306757ltr3b.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Christopher L. Conway </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Chairman, President&nbsp;&amp; Chief Executive Officer </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Information and Where to Find It </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In connection with the proposed transaction, CLARCOR intends to file a preliminary proxy statement on Schedule 14A with the SEC. CLARCOR&#146;S SHAREHOLDERS
ARE ENCOURAGED TO READ THE PRELIMINARY PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. The
final proxy statement will be mailed to shareholders of CLARCOR. Investors and security holders will be able to obtain the documents free of charge at the SEC&#146;s website, www.sec.gov, or from CLARCOR&#146;s website at www.CLARCOR.com under the
heading &#147;Investor Information&#148; or by emailing CLARCOR at investor@CLARCOR.com. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Participants in Solicitation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Parker, CLARCOR and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the
solicitation of proxies in respect of the proposed merger. Information concerning Parker&#146;s directors and executive officers is set forth in the proxy statement, filed September&nbsp;26, 2016, for Parker&#146;s 2016 annual meeting of
shareholders as filed with the SEC on Schedule 14A and in its most recent Annual Report on Form 10-K for the fiscal year ended June&nbsp;30, 2016 as filed with the SEC on August&nbsp;26, 2016. Information concerning CLARCOR&#146;s directors and
executive officers is set forth in the proxy statement, filed February&nbsp;19, 2016, for CLARCOR&#146;s 2016 annual meeting of shareholders as filed with the SEC on Schedule 14A and in its most recent Annual Report on Form 10-K for the fiscal year
ended November&nbsp;28, 2015 as filed with the SEC on January&nbsp;22, 2016. Additional information regarding the interests of such participants in the solicitation of proxies in respect of the proposed merger will be included in the proxy statement
and other relevant materials to be filed with the SEC when they become available. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cautionary Statement Regarding Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as
such, are subject in the future to unforeseen uncertainties and risks. These statements may be identified from use of forward-looking terminology such as &#147;anticipates,&#148; &#147;believes,&#148; &#147;may,&#148; &#147;should,&#148;
&#147;could,&#148; &#147;potential,&#148; &#147;continues,&#148; &#147;plans,&#148; &#147;forecasts,&#148; &#147;estimates,&#148; &#147;projects,&#148; &#147;predicts,&#148; &#147;would,&#148; &#147;intends,&#148; &#147;anticipates,&#148;
&#147;expects,&#148; &#147;targets,&#148; &#147;is likely,&#148; &#147;will,&#148; or the negative of these terms and similar expressions, and include all statements regarding future performance, earnings projections, events or developments. CLARCOR
and Parker caution readers not to place undue reliance on these statements. The risks and uncertainties in connection with such forward-looking statements related to the proposed transaction include, but are not limited to, the occurrence of any
event, change or other circumstances that could delay the closing of the proposed transaction; the possibility of non-consummation of the proposed transaction and termination of the merger agreement; the failure to obtain CLARCOR stockholder
approval of the proposed transaction or to satisfy any of the other conditions to the merger agreement; the possibility that a governmental entity may prohibit, delay or refuse to grant a necessary regulatory approval in connection with the proposed
transaction; the risk that stockholder litigation in connection with the proposed transaction may affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability; adverse effects
on CLARCOR&#146;s common stock or Parker&#146;s common stock because of the failure to complete the proposed transaction; CLARCOR&#146;s or Parker&#146;s respective businesses experiencing disruptions due to transaction-related uncertainty or other
factors making it more difficult to maintain relationships with employees, business partners or governmental entities; the parties being unable to successfully implement integration strategies; and significant transaction costs related to the
proposed transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">It is possible that the future performance and earnings projections of Parker and/or CLARCOR, including projections of any
individual segments, may differ materially from current expectations, depending on economic conditions within each company&#146;s key markets, and each company&#146;s ability to maintain and achieve anticipated benefits associated with announced
realignment activities, strategic initiatives to improve operating margins, actions taken to combat the effects of the current economic environment, and growth, innovation and global </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
diversification initiatives. A change in the economic conditions in individual markets may have a particularly volatile effect on segment performance. Among other factors which may affect future
performance of Parker and/or CLARCOR are, as applicable: changes in business relationships with and purchases by or from major customers, suppliers or distributors, including delays or cancellations in shipments; CLARCOR&#146;s potential inability
to realize the anticipated benefits of the strategic supply partnership with GE; disputes regarding contract terms or significant changes in financial condition, changes in contract cost and revenue estimates for new development programs and changes
in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions and similar transactions; the ability to successfully divest businesses planned for
divestiture and realize the anticipated benefits of such divestitures; the determination to undertake business realignment activities and the expected costs thereof and, if undertaken, the ability to complete such activities and realize the
anticipated cost savings from such activities; ability to implement successfully capital allocation initiatives, including timing, price and execution of share repurchases; availability, limitations or cost increases of raw materials, component
products and/or commodities that cannot be recovered in product pricing; ability to manage costs related to insurance and employee retirement and health care benefits; compliance costs associated with environmental laws and regulations; potential
labor disruptions; threats associated with and efforts to combat terrorism and cyber-security risks; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; competitive market
conditions and resulting effects on sales and pricing; and global economic factors, including manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and general economic conditions such as inflation,
deflation, interest rates and credit availability. Additional information about the risks related to Parker and its business may be found in Parker&#146;s Annual Report on Form 10-K for the fiscal year ended June&nbsp;30, 2016 filed on
August&nbsp;26, 2016. Additional information about the risks related to CLARCOR and its business may be found in CLARCOR&#146;s Annual Report on Form 10-K for the fiscal year ended November&nbsp;28, 2015 filed on January&nbsp;22, 2016. Parker and/or
CLARCOR make these statements as of the date of this disclosure, and undertake no obligation to update them unless otherwise required by law. </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g306757ltr3a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g306757ltr3a.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ '0"9 P$1  (1 0,1 ?_$ +0   (# 0$!
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MOVAF]W;53ONE+;B):P047(1K5XM7+K:^_B7+YVFUCG2K"91(B\:KN3%(? 3
M43AF*(?"ML5ZV#N&K;:A:PVH0DD)^4!8H.$<7E_M.\K%3.NKJTN8K6A<U,$S
MP9VBN^_QNSQ?6C5[I35UKEID=/FK-@1"/?:A6)NS9/(E0J10*W;.E63WJ/U4
MBBDFF@HH!?J*' I?-AF7O+T*S^"AF2Q-),= <2,_^6 P363?)^C1?KV\3*B7
M,=*#!FX@-*I'+5' :U&Q[]=]\O-R%1NIJ'IZRD0;.E8R17J=*C5S@!QA(]W'
M-EI^T2#-NJ45LYQP 0$XIB8I.#6NI>GVQ:>7)N4LU5Q(4Y+^*=V JAJ]Y;[G
M/G6YWEJ &!.7X8N!'89OCH;Z.GJ9N,9S;MG)1[AS'A<;K$F=-DGB*SIN(2C=
M['K@NF!B95, ,4W [,WQLRY44VGJ;<94^8TEKH%'(C4@HR"X(9.QMWV^OD3Z
M>O$RF:07C(]IXXZF[W?_ 'MC>E-"MN) ):&+YO7+)<&#%&8EEK88_:N*E3F3
MA-=B"S1T/17>G35."P&(F!<N?CKM3I_;S:3N?<+CY%TPEK,O" (GCEPRXXE;
MEW[<#5?3U@'_ +P8 YV?B,"/AB"-/;IW>:H-4;;JAKHTB;2N)7C6,F9RSV&2
M8K*%ZA2NW<<*+"+=E <!!L*N3#XCQ+F]0=H6>8*>SVTS*8%"518H4"?'+%73
M;%WE<97FKI<1+JR00$]W'%:/=8-Z>PN^PM7U*GE[U2I O<,(V;E%K%5;/$M3
M$1>H5RS.VR,U!RC0%BF$BAL4U,,R9TS"8+>78=C;^ML^;9I9I[HA4=Z<1"&*
M:JO.]]@W)INLWS%NX9Q'Z>[! ^X'N.?V+1+;;J7HU=K#6HS4*3LLFJX@)AQ$
MOA(UAF)5H>5/'+%%5Q$R2ITE"#]('*(@'PX%NGFU:27>;I07N3S7R94N!'[;
MD(5<Q@GZ@7]\^SVRXVB>)0FS'J0<CH"CAVXK_3_:1OCU+T^J>HL'N=70C[A6
MV%DC8J0O%Z1D$49)L5PT9.54&0M2+93 4Z@9BX\^+>HW1L"V5\^AK;2"&NTJ
M V$!&(Q5T^U=\5UOD5=ON@\0U(5[3WX^;*=P^NU,W.H[=]6[9-6F,?S%CJ$F
MQGGXSCJOW"$;.UD7D5-K%!X9D[6C3D,D<YB'(J!P HAAQSWCMS;LW:GU'86<
MIB-AVAQ3\<?;.ONX9>Z_0;X_FE3XN]H7[\/BQ4_Z[?\ V_RXSWR<:"YDOL/Z
M>W&9'96*.K&^:IS=]P<R,C8[K?5V<B'445LT>PE9=@V4*<!'JQD@H)R 8  .
MV* <BAQJ?>LV7:>GKZ*@=X630Q!Q:4B.Y(8R[LIPN6^&/K H=++U<5((5&D]
MIX8T^H  %' ?F(\^8_PY_P 1_'YCSXS*6RV-<6- "IW'OQI5B.:' N([\QW8
M7/[I3@6VTZ73*/\ ["_4-H?#GB!)15V?_1R:<,SI1*95[ND\\D!LB:0D/EPN
M^ILHRMISC3$B:Z?*58_-B'>TDQ*AMUMDA\!>ZM6 AL?@/95^LH\@_ 3#SXE=
M8*B6W<<HDE&TC!_US,1^E-/,98)CWDEQJW_U&8:0LJ8A,2B4!# 1,(<LH#]6
M'RQ$0PY\*YSF2V&:^+!FF&42]TSDRX3"(+'"!_=+UZ7O-[K^W^IJ*23&E*MY
MFU(QI%G*[Z]/T%"Q,&#5L)S.5H*-<"J=,H&$BZ^ _43A\]);%Y:EG;FJFADN
M8K&.>T$!H *A2(J<^X8175*\3*N=+V]3S ^9+ >YK"6N+R2$@#! (?;B@K?K
MI+3&U:-VT-=M=LK\-6QB)EI=%QL:[M.QQ;TTK,V9ZV6JB+9,TDJX=&4(*P%2
M26 N; H<7ULVS34NY';N?<Y<R:Z8)?*0!>9X1\Y@WC# [6W^KJ=K_3#K<^6U
MC=?,4F#/$?E$3EG@\/:8UA4FJ/=]%'ZI1<4F3);JZ<1^I6OVAT;RC<B>8P%1
M8S09R" B E=8\ G5JT&EN$N^M+>3.:6N*?Q "A^Q"/=@\Z7WAM91S+$Y1,DN
M#F@YZ#G[8' 8[57=A+OLU"G:Q&-9^TQYMP4M"0[UX=@RF)5+S8LXYP]22<*-
M"/%@!,% (<2"8!P$.#?=YDS^G\BEK99E6Y[Z=KG?-^;,'VJB8"]IS)QW[,J:
M1_,TRI\,L@<>G5+<[N-WV3$;M[KU/K-03>RBCAW4T93H.WLI75%%5#6&>FE&
MG20AE$3*=JW0!150F( ?)AQ&L^VK#L&FF[BG&9.;,D$,<TP >"TA (F&>/KY
MN>_;OKV;<+6,DMJ!!/$2Q""23D2<DQR-ZFCCC;=I;MST4%\68."5_P!1+5($
M3,FS?7.86KT4]*P*< ,5C%QK8C9''!3I$ PX=00"3L"_"^W:XW*I8USN5*8R
M$0UI>0O>KL_9PQ%WS9C8;;;K4TEKG3)LP]BN:P.'N:$[#'CAW^RNNP\!M9T3
M:Q2*"";RC14T]4;E(3OI683[Z2D%\"_FN'+E41,8V(@/+Y!PCMZ5$V?NBIF5
M!U.:^ [$$(?I&.'ILRGD2-LT[*=NEKV*3Q)4K'!&6!VX85^<D&Q.JNPB9)^U
M2  ,)G3-HLY;E !Y"85DBX?CP.RY?,JI4HG]T^8-2\,D3L&""I=,D4\YS$5L
MLEOV@'WXS<^VW'1]XW@L9ZTB#F6CH.]W1MWN"AU;,Z421,X^L!+W+9"7<*E'
MXE$,P?5@/&C^HE3.HMF2Z26C99T@)EHA\5!4]F,_;!ERZO=TY]3&87.<>W4%
MR[! 0[5QI<.F4<#?'^R. #^/QPY" _##C-FLRF@M)+7%#[8+]F-#F5K/B#?"
M0D.S"P?=?C81;;9$OWI$!F&&I%<)"+' O<)*/D)$DF")PP4*19@0PJ  @ @0
M!'X!PQNE4^II-P3&4Y<Z5I)F#.$/<>S"VZH2F3;(R:\-$_F !1!.,/LPE.XR
M3Y7:IHLR=&4.V;:JZVKQI#'RI@Q\?2U%!2' 031[]PN8<.0&,/#TI:>1,WI6
MSY1+0^@E%^DIXM4Q/@F$E4S)K=JT='-BUM=,T:H^$L8OXI[,,DO.]35[;#I1
MH70:[0:NNRG]!Z)/5"\2CF6>")UH1JVE4U8%NFV;+OHE^<1*D*YBF2.F<P
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@H0(GC5"8(J=O=C3A^5_B_P"L?Y<9H_=_LXTA#]K'_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g306757ltr3b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g306757ltr3b.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ 7P#A P$1  (1 0,1 ?_$ (@  0 " @(# 0
M       ("0<* P0! @8% 0$! 0                   0(0   & P " 0,!
M!@0' 0    (#! 4&!P !"!$)$B$3%!8Q42(5%PI!D218<8'A(QB8V!D1 0 "
M @(! P0#           !$2$Q06%1\'&Q@9'!T:$"$O_:  P# 0 "$0,1 #\
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M%K& P& P& P& P& P& P& P.,TTH@HP\\PLDDDL9IQQHPEE%%%AV,PPPP>]
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M6QD8F=,C:VIO3 ^A9)!198-?36M8-(,64(F?>RSF&'!(-/(H#F_H"^7<WP<
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M0\2$C2,(%S\E'H\THOX[,,  3Y.E<+=[LO9?TC:-MTOR'ZH6NO)!0HXUN\+
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M)TWXY:2P.=S N% 3AI4Z#K:G2F. 7CWY&2L(/\'!=$Y]V;?T/V3_ +AZ+_\
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M?I_.GA UI]Z"/10E.S1:^!8O TQ#P)RY)><:E=9#<CTEG/6704B'<W6%F%?
M\,@M:0)"=?HJ,*M@"8DJBG&;1,9B3>#X)TK2@T=HL*A4I&82/,[3HPJHNP2$
M O>/S4I:%&B)*7ZW>EBI:0>:<I"XP(R_J,$S!;4I2(9#6>WS, !*E!YX!J@'
M$ED!\%*/E;BJG9GZ+=,@8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# K#Z4
M0K;@]C/!-(+1;W :AAO0';LK;33S"DL@FM<A@=&4V0,@H\O\\,7?;U<WO19H
M!%E+$*0W6OF6'89,7GP?*SS*&!4+51IMK>[#K.8I%"T^.\H\0\Z\\G%*/F>U
M)['OFP)Y?,FTSF; $A&YIX+'8S_,2P"&:,M2DV9\ _;^5FJB.1;UD# 8# 8#
M 8# 8# 8# 8# 8# 8# 8# 8# 8# 8%7?:[P;S)TCS+WLZB%NF(=';#Y;ZB<M
MHCUI=:5'>+Y!)5$KQ5FD^ ,\2KJW*U:$LG6F?(I$PO1RXWXDHC1ZG/0LZ0KD
M3FB1N3:L2N#<X)4ZY O0J"E:)<B5E /2K$:H@9A"E*I(,",LP A & 6MZWO6
M\N\P,<79<M=<\5%8]YVY)$,0K2J8>^3F:2)Q- 4G;F)@0FKE6P:&(.U*U3]O
M1*5.#R:I4F%E%A$8,(=A"GU:4S8]><ZOMPWJA$U]$]GVK,>OKL8!F+#!01[M
MHIJU!*E")>8-0$%-U"R1Z,#!X"$*AK-^.OCO6]W.BHC2R?(& P& P& P& P&
M P& P& P& P& P& P& P& P.FX-Z!W0+FIU0HW-K<T:EO<FUP3$K4#@@6DC3
M+$*Y&I :G5HU:<T19I1@1 , +81:WK>]8%3+]R?V/QX(Y=ZT9Q64MI;03S?_
M  2ZF<Y.BK:%#$#8OL\QWE%T#[-Z;93#PZV&*O"&1Q9+H0@-I;05O0-7BO"9
M?-P7F7N+M260J6>T-JY_K6DJKES;/X/Q5S[))19T9LZ>LIR%UATMZDL68-+"
M@FK95K\A"O8XLTMQ;(I=OMKG$:H2-(2&=5"S&=KEL!@,!@,!@,#J[4B_-TD_
M%5;#M*)3^;H!?X6A!- 5^+L?W?O?E"T+YZU\/C\-;_B\_3 [6 P& P& P/0P
M?VRS#/@,SX $/X%Z^1@_B'8O@6'SKY#%X\:UY^N\#R 7S  ?Q$#YA"+X#UX&
M'Y:UOXCUYWX$'SXWK]^![8# 8# 8# 8# 8# 8# 8# 8# XB30'DE'@T:$!Q8
D#0!.).3':"8'0@Z-3J"RE!!FM;_B ,(1AW]-ZUOZ8'+@?__9

end
</TEXT>
</DOCUMENT>
</SUBMISSION>
