Common use of Governing State Law Clause in Contracts

Governing State Law. The laws of Delaware shall apply in the administration of the Plan to the extent not preempted by ERISA. EXECUTION PAGE The Plan Sponsor has caused this Adoption Agreement to be executed this 1st day of April, 2014. PLAN SPONSOR: The Valspar Corporation By: /s/Xxxxx Xxxx Title: Director, Compensation and Benefits APPENDIX A

Governing State Law. The laws of Delaware shall apply in the administration of the Plan to the extent not preempted by ERISA. EXECUTION PAGE The Plan Sponsor has caused this Adoption Agreement to be executed this 1st 24th day of AprilAugust, 20142009. PLAN SPONSOR: The Valspar Corporation /s/ Xxxxx X. Xxxxxx By: /s/Xxxxx Xxxx X. Xxxxxx Title: Director, Compensation and Benefits Vice President & Assistant Secretary APPENDIX AA SPECIAL EFFECTIVE DATES Not Applicable

Governing State Law. The laws of Delaware shall apply in the administration of the Plan to the extent not preempted by ERISA. EXECUTION PAGE The Plan Sponsor has caused this Adoption Agreement to be executed this 1st 17th day of AprilOctober, 2014. PLAN SPONSOR: The Valspar Corporation /s/ Xxxxxxx Xxxxx By: /s/Xxxxxxx Xxxxx Xxxx Title: DirectorExecutive Vice President, Compensation Legal and Benefits Corporate Secretary APPENDIX AA SPECIAL EFFECTIVE DATES Not Applicable

Governing State Law. The laws of Delaware shall apply in the administration of the Plan to the extent not preempted by ERISA. March 2018 EXECUTION PAGE The Plan Sponsor has caused this Adoption Agreement to be executed this 1st 19th day of AprilNov, 20142018. PLAN SPONSOR: The Valspar Corporation CBRE By: /s/Xxxxx /s/ J. Xxxxxxxxxxx Xxxx Title: DirectorChief Administrative Officer March 2018 APPENDIX A SPECIAL EFFECTIVE DATES The plan document effective April 15, Compensation and Benefits APPENDIX A2012, as amended prior to January 1, 2019, is hereby incorporated by reference as if fully rewritten herein.

Governing State Law. The laws of Delaware (other than its conflict of laws provisions) shall apply in the administration of the Plan to the extent not preempted by ERISA. EXECUTION PAGE The Plan Sponsor has caused this Adoption Agreement to be executed this 1st 21st day of AprilOct., 20142013. PLAN SPONSOR: The Valspar Corporation /s/ Xxxxxx Xxxxxxxxxx By: /s/Xxxxx Xxxx Xxxxxx Xxxxxxxxxx Title: DirectorSr. Vice President, Compensation HR and Benefits Corp. Marketing APPENDIX AA SPECIAL EFFECTIVE DATES Not Applicable