0001104659-01-502430 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 5th, 2001 • Pentair Inc • Special industry machinery (no metalworking machinery) • Minnesota

THIS AGREEMENT, made and entered into as of the 17th day of October, 2001 by and between Pentair, Inc., a Minnesota corporation (hereinafter referred to as the “Company”), and Richard J. Cathcart (hereinafter referred to as the “Executive”).

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RETIREMENT AGREEMENT AND RELEASE
Retirement Agreement • November 5th, 2001 • Pentair Inc • Special industry machinery (no metalworking machinery) • Minnesota

THIS RETIREMENT AGREEMENT AND RELEASE (“Agreement”) is made and entered into by and between Joseph R. Collins (“Collins”) and Pentair, Inc. (“Pentair”).

AMENDED AND RESTATED 364-DAY CREDIT AGREEMENT
364-Day Credit Agreement • November 5th, 2001 • Pentair Inc • Special industry machinery (no metalworking machinery)

THIS AMENDED AND RESTATED 364-DAY CREDIT AGREEMENT dated as of August 30, 2001 is among PENTAIR, INC. (the “Company”), the financial institutions listed on the signature pages hereof (the “Lenders”), BANK ONE, N.A., as Syndication Agent, and BANK OF AMERICA, N.A., as Administrative Agent.

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