0001104659-12-033507 Sample Contracts

STOCKHOLDER AGREEMENT
Stockholder Agreement • May 7th, 2012 • Cascade Investment LLC • Soap, detergents, cleang preparations, perfumes, cosmetics • Delaware

This Stockholder Agreement, dated as of May 4, 2012 (this “Agreement”), is entered into by and among Cascade Investment, L.L.C., an entity wholly owned by William H. Gates III (“Cascade”), Bill & Melinda Gates Foundation Trust, of which William H. Gates III (“Gates”) and Melinda French Gates are co-trustees (the “Trust” and together with Cascade, the “Cascade Parties” and each, a “Cascade Party”), and Ecolab Inc., a Delaware corporation (the “Company”). This Agreement is intended to establish a means for a long-term investment in the Company by Gates, through Cascade, and the Trust, for the mutual benefit of the parties hereto.

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • May 7th, 2012 • Cascade Investment LLC • Soap, detergents, cleang preparations, perfumes, cosmetics • Delaware

This REGISTRATION RIGHTS AGREEMENT, dated as of May 4, 2012 (this “Agreement”), is entered into by and among Ecolab Inc., a Delaware corporation (the “Company”), and Cascade Investment, L.L.C. and Bill & Melinda Gates Foundation Trust (each, a “Holder” and together, the “Holders”).

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