Pentair PLC Sample Contracts

Contract
Deed of Indemnification • May 20th, 2014 • Pentair PLC • Special industry machinery (no metalworking machinery)

THIS DEED OF INDEMNIFICATION (“Deed”) dated as of June 3, 2014 and effective as of the consummation of the merger (the “Merger”) between Pentair Ltd. and the Company (“Effective Time”), is made by and between Pentair plc, a public limited company incorporated in Ireland (registered number 536025) and having its registered office at Arthur Cox Building, Earlsfort Centre, Earlsfort Terrace, Dublin 2 (the “Company”), and [•] (“Covered Person”).

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PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT STOCK OPTIONS
Stock Option Grant Agreement • May 20th, 2014 • Pentair PLC • Special industry machinery (no metalworking machinery)

The Compensation Committee has awarded you the following grant under the Pentair plc 2012 Stock and Incentive Plan (the “Plan”).

ASSUMPTION AND ACCESSION AGREEMENT
Assumption and Accession Agreement • May 20th, 2014 • Pentair PLC • Special industry machinery (no metalworking machinery)

To: Bank of America, N.A., as Administrative Agent under the Credit Agreement dated as of September 21, 2012 (as previously amended, the “Credit Agreement”) among Pentair Finance S.A., various affiliates thereof, various financial institutions and Bank of America, N.A., as Administrative Agent.

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