0001193125-05-117998 Sample Contracts

AMENDMENT NO. 9 TO AND WAIVER UNDER THE CREDIT AGREEMENT Dated as of May 27, 2005
Credit Agreement • June 1st, 2005 • Dresser Inc • Measuring & controlling devices, nec • New York

AMENDMENT NO. 9 TO AND WAIVER UNDER THE CREDIT AGREEMENT, dated as of May 27, 2005 (this “Amendment”), among DRESSER, INC., a Delaware corporation (the “U.S. Borrower”), D.I. LUXEMBOURG S.A.R.L., a corporation organized and existing under the laws of Luxembourg (the “Euro Borrower”, and, collectively with the U.S. Borrower, the “Borrowers”), DRESSER HOLDINGS, INC., a Delaware corporation (“Dresser Holdings” or the “Parent”), DEG ACQUISITIONS, LLC, a Delaware limited liability company (“DEG Acquisitions”), the Lenders listed on the signature pages hereto and MORGAN STANLEY SENIOR FUNDING, INC. (“MSSF”), as Administrative Agent.

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SECOND CONSENT AND WAIVER UNDER THE SENIOR UNSECURED TERM LOAN AGREEMENT Dated as of May 27, 2005
Second Consent and Waiver Under the Senior Unsecured Term Loan Agreement • June 1st, 2005 • Dresser Inc • Measuring & controlling devices, nec • New York

SECOND CONSENT AND WAIVER UNDER THE SENIOR UNSECURED TERM LOAN AGREEMENT, dated as of May 27, 2005 (this “Consent”), among DRESSER, INC., a Delaware corporation (the “Borrower”), the Guarantors (as defined below), the Lenders listed on the signature pages hereto and MORGAN STANLEY SENIOR FUNDING, INC. (“MSSF”), as Administrative Agent.

EMPLOYMENT AGREEMENT
Employment Agreement • June 1st, 2005 • Dresser Inc • Measuring & controlling devices, nec • Delaware

This Employment Agreement (“Agreement”), dated this 25th day of May, 2005, but effective as of December 20, 2004 (the “Effective Date”), is entered into by and between Dresser, Inc., a Delaware corporation (“Employer”) and Patrick M. Murray (“Employee”).

AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • June 1st, 2005 • Dresser Inc • Measuring & controlling devices, nec

This Amendment No. 1 (this “Amendment”) dated this 26th day of May, 2005 (the ”Amendment Date”) is entered into by and between Dresser, Inc. and any of its subsidiaries and affiliates as may employ Employee from time to time, (collectively, “Employer”) and John P. Ryan (“Employee”) in order to amend certain provisions of the Executive Employment Agreement between Employer and Employee dated January 29th, 2001 (the “Agreement”).

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