0000038725-21-000175 Sample Contracts

EMPLOYMENT SECURITY AGREEMENT
Employment Security Agreement • August 3rd, 2021 • Franklin Electric Co Inc • Motors & generators • Indiana

This Employment Security Agreement (“Agreement”), is entered into as of the 14th day of June, 2021 by and between Franklin Electric Co., Inc., an Indiana corporation (“Franklin”), and Jeff Taylor (“Executive”).

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FRANKLIN ELECTRIC CO., INC. and FRANKLIN ELECTRIC B.V. FOURTH AMENDED AND RESTATED NOTE PURCHASE AND PRIVATE SHELF AGREEMENT Dated as of July 30, 2021
Subsidiary Guaranty Agreement • August 3rd, 2021 • Franklin Electric Co Inc • Motors & generators • Illinois

The undersigned, Franklin Electric Co., Inc., an Indiana corporation (herein called the “Company”) and Franklin Electric B.V., a Netherlands private company with limited liability (the “Dutch Subsidiary Issuer”), hereby agree with you as set forth below. Reference is made to paragraph 10 hereof for definitions of capitalized terms used herein.

Re: Separation Agreement and General Release
Franklin Electric Co Inc • August 3rd, 2021 • Motors & generators • Indiana

This letter when signed by you, will constitute the full agreement between you and Franklin Electric Co., Inc. and its subsidiaries, (collectively, “the Company”) on the terms of your retirement from employment (this “Agreement”).

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