0001193125-14-223285 Sample Contracts

PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT– STOCK OPTIONS
Stock Option Grant Agreement • June 3rd, 2014 • Pentair LTD • Special industry machinery (no metalworking machinery)

The Board of Directors of Pentair plc has awarded you the following grant under the Pentair plc 2012 Stock and Incentive Plan (the “Plan”).

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INDEMNIFICATION AGREEMENT
Indemnification Agreement • June 3rd, 2014 • Pentair LTD • Special industry machinery (no metalworking machinery) • Delaware

THIS AGREEMENT dated as of June 3, 2014 and effective as of as of the consummation of the merger (the “Merger”) between Pentair plc (“Parent”) and Pentair Ltd. (such time, the “Effective Time”), by and between Pentair Management Company, a Delaware corporation (the “Company”), and [•] (“Covered Person”).

PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT– RESTRICTED STOCK UNITS
Restricted Stock Unit Grant Agreement • June 3rd, 2014 • Pentair LTD • Special industry machinery (no metalworking machinery)

The Board of Directors of Pentair plc has awarded you the following grant under the Pentair plc 2012 Stock and Incentive Plan (the “Plan”).

PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT PERFORMANCE UNITS
Executive Officer Performance Unit Award • June 3rd, 2014 • Pentair LTD • 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”).

PENTAIR PLC 2012 STOCK AND INCENTIVE PLAN GRANT AGREEMENT RESTRICTED STOCK UNITS
Restricted Stock Unit Grant Agreement • June 3rd, 2014 • Pentair LTD • 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”).

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