^ +1 yes it will work.
It will not impact the performance, but for best performance downclock the memory to whatever the fsb on the cpu is - default 200MHz real on that E4700 (see quad-pumped). So set the memory to 200MHz (200MHz real x double data rate = 400 effective DDR). You'll be able to set tighter timings by downclocking the memory as well. Of course, my wild assumptions are off if you overclock - in that case still keep the fsb:memory a 1:1 ratio if possible.