0000077360-16-000058 Sample Contracts

KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Key Executive Employment and Severance Agreement • February 26th, 2016 • PENTAIR PLC • Special industry machinery (no metalworking machinery) • Minnesota

THIS AGREEMENT, made and entered into as of the ___ day of _________, 20__, by and between Pentair plc, an Irish corporation limited by shares (hereinafter referred to as the “Company”), and ________ (hereinafter referred to as the “Executive”).

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PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT PERFORMANCE SHARE UNITS
Grant Agreement • February 26th, 2016 • 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”). Unless you decline this grant agreement within 90 days, you agree to be bound by all of the provisions contained in this grant agreement, including the terms in the grant notification provided to you by the plan administrator or by the Company, and the Plan.

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