0001193125-19-321160 Sample Contracts

SEPARATION AND DISTRIBUTION AGREEMENT BY AND AMONG ECOLAB INC., CHAMPIONX HOLDING INC., AND APERGY CORPORATION DATED AS OF DECEMBER 18, 2019
Separation and Distribution Agreement • December 20th, 2019 • Apergy Corp • Construction, mining & materials handling machinery & equip • Delaware

This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”) is entered into as of December 18, 2019, by and among: (i) Ecolab Inc., a Delaware corporation (“Everest”); (ii) ChampionX Holding Inc., a Delaware corporation and wholly owned Subsidiary of Everest (“Newco”); and (iii) Apergy Corporation, a Delaware corporation (“Athena”) (each a “Party” and together, the “Parties”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Merger Agreement.

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EMPLOYEE MATTERS AGREEMENT by and among ECOLAB INC., CHAMPIONX HOLDING INC., and APERGY CORPORATION Dated as Of December 18, 2019
Employee Matters Agreement • December 20th, 2019 • Apergy Corp • Construction, mining & materials handling machinery & equip

This EMPLOYEE MATTERS AGREEMENT (this “Agreement”) is entered into as of December 18, 2019 by and among: (i) Ecolab Inc., a Delaware corporation (“Everest”); (ii) ChampionX Holding Inc., a Delaware corporation and wholly owned Subsidiary of Everest (“Newco”); and (iii) Apergy Corporation, a Delaware corporation (“Athena”) (each a “Party” and together, the “Parties”). Terms used but not defined herein shall have the meaning ascribed to them in the Separation and Distribution Agreement.

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