<SEC-DOCUMENT>0001193125-12-064878.txt : 20120216
<SEC-HEADER>0001193125-12-064878.hdr.sgml : 20120216
<ACCEPTANCE-DATETIME>20120216122853
ACCESSION NUMBER:		0001193125-12-064878
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120214
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120216
DATE AS OF CHANGE:		20120216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IDEX CORP /DE/
		CENTRAL INDEX KEY:			0000832101
		STANDARD INDUSTRIAL CLASSIFICATION:	PUMPS & PUMPING EQUIPMENT [3561]
		IRS NUMBER:				363555336
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10235
		FILM NUMBER:		12618635

	BUSINESS ADDRESS:	
		STREET 1:		1925 WEST FIELD COURT
		CITY:			LAKE FOREST
		STATE:			IL
		ZIP:			60045
		BUSINESS PHONE:		8474987070

	MAIL ADDRESS:	
		STREET 1:		1925 WEST FIELD COURT
		CITY:			LAKE FOREST
		STATE:			IL
		ZIP:			60045
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d302465d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
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 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:4px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>WASHINGTON, D.C. 20549 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>FORM 8-K
</B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Securities Exchange Act of
1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Date of report: February&nbsp;14, 2012 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>(Date of earliest event reported) </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>IDEX
CORPORATION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(Exact name of registrant as specified in its charter) </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Delaware</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1-10235</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>36-3555336</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(State of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Commission</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>File Number)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1925 West Field Court, Suite 200 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Lake Forest, Illinois 60045-4824 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>(Address of principal executive offices, including zip code) </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(847)&nbsp;498-7070 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>(Registrant&#146;s telephone number, including area code) </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Check the
appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;5.02 &#150; Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements with Certain Officers. </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>(b)</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Resignation of Kevin G. Hostetler</I> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">On February&nbsp;14, 2012, Kevin Hostetler the Vice President, Group Executive of the Fluid and Metering Technologies Segment announced his resignation as an officer of IDEX Corporation
(&#147;IDEX&#148;). In order to ensure an orderly transition of his duties and responsibilities, IDEX and Mr.&nbsp;Hostetler entered into Transition Services and Separation Agreement (the &#147;Transition Agreement&#148;) pursuant to which
Mr.&nbsp;Hostetler agreed to remain with IDEX until April&nbsp;8, 2012 (the &#147;Termination Date&#148;) and in connection therewith will receive: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A 2011 bonus of $442, 649 </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Continued vesting in Restricted stock and stock option awards that would vest through and including the Termination Date, but forfeiting immediately all other
restricted stock and options which would not be vested as of the Termination Date; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Severance equal to twelve months base salary and his target annual bonus for 2012 payable in a lump sum amount of $705,500; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">$250,000 lump sum payment in exchange for a one year non-compete, which amount is also subject to his execution of a release of claims; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reimbursement of up to $75,000 in outplacement services; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Continued health benefits for up to twelve months at the same cost as paid by active employees of IDEX. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Hostetler&#146;s receipt of the severance, payment for the non-compete and continued health benefits are subject to his
executing and not revoking a general release of claims. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The foregoing description of the Transition Agreement is qualified in
its entirety by reference to its terms, which is filed herewith as Exhibit 10.1 and is incorporated herein by reference. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;9.01
&#150; Financial Statements and Exhibits. </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(<I>d)</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Exhibits</I> </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.1</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Transition Services and Separation Agreement dated February&nbsp;14, 2012 between IDEX Corporation and Kevin G. Hostetler </FONT></TD></TR></TABLE>

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 <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SIGNATURE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>IDEX CORPORATION</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Heath A. Mitts</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Heath A. Mitts</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Vice
President and Chief Financial Officer</I></FONT></P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">February&nbsp;16, 2012 </FONT></P>

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 <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>EXHIBIT INDEX </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Transition Services and Separation Agreement dated February 14, 2012 between IDEX Corporation and Kevin G. Hostetler</FONT></TD></TR>
</TABLE>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d302465dex101.htm
<DESCRIPTION>TRANSITION SERVICES AND SEPARATION AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Transition Services and Separation Agreement</TITLE>
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 10.1 </B></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>TRANSITION SERVICES AND SEPARATION AGREEMENT</U> </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">FOR AND IN
CONSIDERATION of the mutual promises, covenants, and agreements made by and between <B>Kevin G. Hostetler</B> (&#147;Executive&#148;, a term which includes himself and all assigns, heirs, and successors in interest) and IDEX Services Corporation
(&#147;Company&#148;, a term that includes IDEX Services Corporation, its parent, IDEX Corporation (&#147;IDEX&#148;), and their subsidiaries, or affiliated companies, as well as the officers, directors, shareholders, employees, agents, attorneys
and contractors of each), Executive and Company hereby enter into this Transition Services and Separation Agreement (the &#147;Agreement&#148;) to be effective on the later of the date this Agreement is executed by Executive or the date this
Agreement is executed by Company (the &#147;Effective Date&#148;): </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. <B>T<SMALL>RANSITION</SMALL> S<SMALL>ERVICES</SMALL>.
T<SMALL>HE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>DESIRES</SMALL> <SMALL>TO</SMALL> <SMALL>TRANSITION</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>JOB</SMALL> <SMALL>DUTIES</SMALL> <SMALL>TO</SMALL> <SMALL>OTHER</SMALL>
<SMALL>INDIVIDUALS</SMALL> <SMALL>AND</SMALL> <SMALL>DESIRES</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>ASSIST</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>ORDERLY</SMALL> <SMALL>TRANSITION</SMALL>
<SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>DUTIES</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>IS</SMALL> <SMALL>WILLING</SMALL> <SMALL>TO</SMALL> <SMALL>PERFORM</SMALL>
<SMALL>HIS</SMALL> <SMALL>DUTIES</SMALL> <SMALL>TO</SMALL> <SMALL>ASSIST</SMALL> <SMALL>IN</SMALL> <SMALL>SUCH</SMALL> <SMALL>TRANSITION</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>UNDERSTANDS</SMALL> <SMALL>THAT</SMALL> <SMALL>HE</SMALL>
<SMALL>WILL</SMALL> <SMALL>PERFORM</SMALL> <SMALL>THOSE</SMALL> <SMALL>DUTIES</SMALL> <SMALL>AND</SMALL> <SMALL>ASSIST</SMALL> <SMALL>IN</SMALL> <SMALL>TRANSITION</SMALL> <SMALL>OF</SMALL> <SMALL>PREVIOUSLY</SMALL> <SMALL>HELD</SMALL>
<SMALL>DUTIES</SMALL> <SMALL>AS</SMALL> <SMALL>DIRECTED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>HIEF</SMALL> E<SMALL>XECUTIVE</SMALL> O<SMALL>FFICER</SMALL> <SMALL>OF</SMALL> IDEX. A<SMALL>S</SMALL> <SMALL>FURTHER</SMALL>
<SMALL>DESCRIBED</SMALL> <SMALL>BELOW</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>REMAIN</SMALL> <SMALL>AN</SMALL> <SMALL>EMPLOYEE</SMALL> <SMALL>OF</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AND</SMALL> <SMALL>IS</SMALL>
<SMALL>BEING</SMALL> <SMALL>RETAINED</SMALL> <SMALL>AS</SMALL> <SMALL>AN</SMALL> <SMALL>EMPLOYEE</SMALL> <SMALL>DURING</SMALL> <SMALL>THE</SMALL> <SMALL>PERIOD</SMALL> <SMALL>FROM</SMALL> <SMALL>THE</SMALL> E<SMALL>FFECTIVE</SMALL>
D<SMALL>ATE</SMALL> <SMALL>THROUGH</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL> (<SMALL>AS</SMALL> <SMALL>DEFINED</SMALL> <SMALL>BELOW</SMALL>) (<SMALL>THE</SMALL> &#147;P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL>
E<SMALL>MPLOYMENT</SMALL>&#148;) <SMALL>TO</SMALL> <SMALL>PROVIDE</SMALL> <SMALL>SERVICES</SMALL> <SMALL>AS</SMALL> <SMALL>MAY</SMALL> <SMALL>BE</SMALL> <SMALL>REQUESTED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>HIEF</SMALL>
E<SMALL>XECUTIVE</SMALL> O<SMALL>FFICER</SMALL> <SMALL>OF</SMALL> IDEX C<SMALL>ORPORATION</SMALL>. I<SMALL>T</SMALL> <SMALL>IS</SMALL> <SMALL>FURTHER</SMALL> <SMALL>UNDERSTOOD</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL>
E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AND</SMALL> P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYMENT</SMALL> <SMALL>WILL</SMALL>
<SMALL>END</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>CLOSE</SMALL> <SMALL>OF</SMALL> <SMALL>BUSINESS</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL> <SMALL>WHEREUPON</SMALL> <SMALL>ALL</SMALL>
<SMALL>PAYMENTS</SMALL>, <SMALL>BENEFITS</SMALL> <SMALL>AND</SMALL> <SMALL>PRIVILEGES</SMALL> <SMALL>RELATED</SMALL> <SMALL>TO</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>CEASE</SMALL>, <SMALL>EXCEPT</SMALL> <SMALL>AS</SMALL>
<SMALL>EXPRESSLY</SMALL> <SMALL>SET</SMALL> <SMALL>FORTH</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>. T<SMALL>HE</SMALL> &#147;T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>&#148; <SMALL>SHALL</SMALL> <SMALL>BE</SMALL>
A<SMALL>PRIL</SMALL>&nbsp;8, 2012. E<SMALL>XECUTIVE</SMALL> <SMALL>HEREBY</SMALL> <SMALL>CONFIRMS</SMALL> <SMALL>HIS</SMALL> <SMALL>RESIGNATION</SMALL> <SMALL>EFFECTIVE</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL>
<SMALL>CLOSE</SMALL> <SMALL>OF</SMALL> <SMALL>BUSINESS</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL> <SMALL>FROM</SMALL>, <SMALL>AND</SMALL> <SMALL>HIS</SMALL> <SMALL>RELINQUISHMENT</SMALL>,
<SMALL>EFFECTIVE</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>CLOSE</SMALL> <SMALL>OF</SMALL> <SMALL>BUSINESS</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> E<SMALL>FFECTIVE</SMALL> D<SMALL>ATE</SMALL>, <SMALL>OF</SMALL>
<SMALL>ALL</SMALL>, <SMALL>DIRECTOR</SMALL>, <SMALL>MANAGER</SMALL>, <SMALL>OFFICER</SMALL> <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>ELECTED</SMALL> <SMALL>AND</SMALL> <SMALL>APPOINTED</SMALL> <SMALL>POSITIONS</SMALL> <SMALL>HE</SMALL>
<SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>HELD</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OF</SMALL> <SMALL>ITS</SMALL> <SMALL>SEGMENTS</SMALL>, <SMALL>DIVISIONS</SMALL>,
<SMALL>GROUPS</SMALL> <SMALL>OR</SMALL> <SMALL>UNITS</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>SUCH</SMALL> <SMALL>DATE</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>SHALL</SMALL>
<SMALL>MUTUALLY</SMALL> <SMALL>AGREE</SMALL> <SMALL>AS</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>TEXT</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>ANNOUNCEMENT</SMALL> <SMALL>AND</SMALL> F<SMALL>ORM</SMALL> 8-K
<SMALL>RELATED</SMALL> <SMALL>TO</SMALL> <SMALL>HIS</SMALL> <SMALL>SEPARATION</SMALL> <SMALL>FROM</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL></B><SMALL></SMALL>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">2. <B>A<SMALL>DEQUACY</SMALL> <SMALL>OF</SMALL> C<SMALL>ONSIDERATION</SMALL>. F<SMALL>OR</SMALL> <SMALL>AND</SMALL> <SMALL>IN</SMALL> <SMALL>CONSIDERATION</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL>
<SMALL>BENEFITS</SMALL> <SMALL>OUTLINED</SMALL> <SMALL>IN</SMALL> S<SMALL>ECTION</SMALL>&nbsp;3 <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>GOOD</SMALL> <SMALL>AND</SMALL> <SMALL>VALUABLE</SMALL> <SMALL>CONSIDERATION</SMALL>, <SMALL>THE</SMALL>
<SMALL>PARTIES</SMALL> <SMALL>ACKNOWLEDGE</SMALL> <SMALL>THE</SMALL> <SMALL>ADEQUACY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>CONSIDERATION</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>HEREIN</SMALL> <SMALL>BY</SMALL> <SMALL>EACH</SMALL>
<SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>OTHER</SMALL>, <SMALL>THAT</SMALL> <SMALL>THIS</SMALL> <SMALL>IS</SMALL> <SMALL>A</SMALL> <SMALL>LEGALLY</SMALL> <SMALL>BINDING</SMALL> <SMALL>DOCUMENT</SMALL>, <SMALL>AND</SMALL> <SMALL>THAT</SMALL>
<SMALL>THEY</SMALL> <SMALL>INTEND</SMALL> <SMALL>TO</SMALL> <SMALL>COMPLY</SMALL> <SMALL>WITH</SMALL> <SMALL>AND</SMALL> <SMALL>BE</SMALL> <SMALL>FAITHFUL</SMALL> <SMALL>TO</SMALL> <SMALL>ITS</SMALL> <SMALL>TERMS</SMALL></B><SMALL></SMALL>.
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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. <B>C<SMALL>ONSIDERATION</SMALL> <SMALL>TO</SMALL> E<SMALL>XECUTIVE</SMALL>. I<SMALL>N</SMALL>
<SMALL>CONSIDERATION</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>PROMISES</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>SET</SMALL> <SMALL>FORTH</SMALL> <SMALL>HEREIN</SMALL> <SMALL>AND</SMALL> <SMALL>PROVIDED</SMALL>
<SMALL>THAT</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>DOES</SMALL> <SMALL>NOT</SMALL> <SMALL>BREACH</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AGREES</SMALL>
<SMALL>TO</SMALL>:</B> </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>C<SMALL>ONTINUE</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL>
<SMALL>PAYROLL</SMALL> <SMALL>DURING</SMALL> <SMALL>THE</SMALL> P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYMENT</SMALL> <SMALL>AT</SMALL> <SMALL>A</SMALL> <SMALL>BIWEEKLY</SMALL> <SMALL>PAY</SMALL> <SMALL>RATE</SMALL> <SMALL>OF</SMALL>
F<SMALL>IFTEEN</SMALL> T<SMALL>HOUSAND</SMALL> N<SMALL>INE</SMALL> H<SMALL>UNDRED</SMALL> S<SMALL>IXTY</SMALL>-O<SMALL>NE</SMALL> D<SMALL>OLLARS</SMALL> <SMALL>AND</SMALL> 54/100 ($15,961.54). P<SMALL>AYMENTS</SMALL> <SMALL>WILL</SMALL>
<SMALL>BE</SMALL> <SMALL>REDUCED</SMALL> <SMALL>BY</SMALL> <SMALL>ALL</SMALL> <SMALL>STATUTORILY</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>DEDUCTIONS</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>AUTHORIZED</SMALL>
<SMALL>DEDUCTIONS</SMALL>. T<SMALL>HESE</SMALL> <SMALL>PAYMENTS</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>MADE</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>REGULAR</SMALL> <SMALL>SCHEDULED</SMALL> <SMALL>PAY</SMALL> <SMALL>DATES</SMALL>. D<SMALL>URING</SMALL> <SMALL>THE</SMALL> P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYMENT</SMALL>,
<SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>CONTINUE</SMALL> <SMALL>TO</SMALL> <SMALL>BE</SMALL> <SMALL>ELIGIBLE</SMALL> <SMALL>TO</SMALL> <SMALL>PARTICIPATE</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL>
<SMALL>BENEFITS</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>THROUGH</SMALL> <SMALL>THE</SMALL> IDEX C<SMALL>ORPORATION</SMALL> C<SMALL>HOICE</SMALL>C<SMALL>OMP</SMALL> P<SMALL>LAN</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> IDEX
C<SMALL>ORPORATION</SMALL> S<SMALL>AVINGS</SMALL> P<SMALL>LAN</SMALL> <SMALL>AND</SMALL> <SMALL>WILL</SMALL> <SMALL>RECEIVE</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>AUTOMOBILE</SMALL> <SMALL>ALLOWANCE</SMALL> (<SMALL>BUT</SMALL>
<SMALL>NOT</SMALL> <SMALL>REIMBURSEMENT</SMALL> <SMALL>FOR</SMALL> <SMALL>AUTOMOBILE</SMALL> <SMALL>EXPENSES</SMALL> <SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>EXPENSES</SMALL> <SMALL>INCURRED</SMALL> <SMALL>IN</SMALL> <SMALL>HIS</SMALL>
<SMALL>PERFORMANCE</SMALL> <SMALL>OF</SMALL> <SMALL>BUSINESS</SMALL> <SMALL>DUTIES</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> <SMALL>AGREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>IN</SMALL> <SMALL>ACCORDANCE</SMALL> <SMALL>WITH</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>EXPENSE</SMALL> <SMALL>REIMBURSEMENT</SMALL> <SMALL>POLICIES</SMALL>). T<SMALL>HE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>REQUIRED</SMALL>
<SMALL>TO</SMALL> <SMALL>PAY</SMALL> <SMALL>ALL</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>PAYROLL</SMALL> <SMALL>DEDUCTIONS</SMALL> <SMALL>FOR</SMALL> <SMALL>BENEFITS</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL>
<SMALL>ENTITLED</SMALL> <SMALL>TO</SMALL> <SMALL>RECEIVE</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> A<SMALL>NNUAL</SMALL> MICP B<SMALL>ONUS</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> <SMALL>TERMS</SMALL>
<SMALL>OF</SMALL> <SMALL>THE</SMALL> M<SMALL>ANAGEMENT</SMALL> I<SMALL>NCENTIVE</SMALL> C<SMALL>OMPENSATION</SMALL> P<SMALL>LAN</SMALL> (&#147;MICP&#148;) <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>SERVICE</SMALL> <SMALL>PERIOD</SMALL>
<SMALL>OF</SMALL> <SMALL>CALENDAR</SMALL> <SMALL>YEAR</SMALL> 2011, <SMALL>WHICH</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> $442,649. T<SMALL>HIS</SMALL> <SMALL>ANNUAL</SMALL> MICP <SMALL>BONUS</SMALL> <SMALL>WILL</SMALL>
<SMALL>BE</SMALL> <SMALL>PAID</SMALL> <SMALL>AT</SMALL> <SMALL>THE</SMALL> <SMALL>TIME</SMALL> <SMALL>SPECIFIED</SMALL> <SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>TERMS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> MICP
<SMALL>IN</SMALL> 2012 <SMALL>BUT</SMALL> <SMALL>NOT</SMALL> <SMALL>LATER</SMALL> <SMALL>THAN</SMALL> <SMALL>BY</SMALL> M<SMALL>ARCH</SMALL>&nbsp;15, 2012. T<SMALL>HE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>NOT</SMALL>
<SMALL>BE</SMALL> <SMALL>ELIGIBLE</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> MICP <SMALL>AWARDS</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>CALENDAR</SMALL> <SMALL>YEAR</SMALL> 2012</B>. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>ENTITLED</SMALL> <SMALL>TO</SMALL> <SMALL>RECEIVE</SMALL> <SMALL>SEVERANCE</SMALL>
<SMALL>OF</SMALL> T<SMALL>WELVE</SMALL> (12)&nbsp;<SMALL>MONTHS</SMALL> <SMALL>OF</SMALL> B<SMALL>ASE</SMALL> S<SMALL>ALARY</SMALL> <SMALL>AT</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>CURRENT</SMALL>
<SMALL>COMPENSATION</SMALL> <SMALL>RATE</SMALL> ($415,000) <SMALL>AND</SMALL> T<SMALL>ARGET</SMALL> A<SMALL>NNUAL</SMALL> B<SMALL>ONUS</SMALL> <SMALL>AT</SMALL> <SMALL>THE</SMALL> <SMALL>CURRENT</SMALL> T<SMALL>ARGET</SMALL> MICP
<SMALL>PERCENTAGE</SMALL> ($290,500) <SMALL>FOR</SMALL> <SMALL>A</SMALL> <SMALL>TOTAL</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>OF</SMALL> S<SMALL>EVEN</SMALL> H<SMALL>UNDRED</SMALL> F<SMALL>IVE</SMALL> T<SMALL>HOUSAND</SMALL>, F<SMALL>IVE</SMALL>
H<SMALL>UNDRED</SMALL> D<SMALL>OLLARS</SMALL> ($705,500) (&#147;B<SMALL>ASE</SMALL> S<SMALL>EVERANCE</SMALL>&#148;) <SMALL>IN</SMALL> <SMALL>ACCORDANCE</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> <SMALL>TERMS</SMALL> <SMALL>OF</SMALL>
<SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>. P<SMALL>AYMENT</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> B<SMALL>ASE</SMALL> S<SMALL>EVERANCE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>REDUCED</SMALL> <SMALL>BY</SMALL> <SMALL>ALL</SMALL>
<SMALL>STATUTORILY</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>DEDUCTIONS</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>AUTHORIZED</SMALL> <SMALL>DEDUCTIONS</SMALL></B><SMALL></SMALL>. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>VEST</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>AND</SMALL> <SMALL>ALL</SMALL> <SMALL>RESTRICTED</SMALL>
<SMALL>STOCK</SMALL> <SMALL>AWARDS</SMALL> <SMALL>AND</SMALL> <SMALL>STOCK</SMALL> <SMALL>OPTION</SMALL> <SMALL>AWARDS</SMALL> <SMALL>WHICH</SMALL> <SMALL>WOULD</SMALL> <SMALL>VEST</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> <SMALL>TERMS</SMALL>
<SMALL>OF</SMALL> <SMALL>SUCH</SMALL> <SMALL>AWARDS</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>CONTINUED</SMALL> <SMALL>SERVICE</SMALL> <SMALL>THROUGH</SMALL> <SMALL>AND</SMALL> <SMALL>INCLUDING</SMALL> <SMALL>THE</SMALL>
T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>. E<SMALL>FFECTIVE</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> E<SMALL>FFECTIVE</SMALL> D<SMALL>ATE</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>HEREBY</SMALL> <SMALL>FORFEITS</SMALL>
<SMALL>AND</SMALL> <SMALL>SURRENDERS</SMALL> <SMALL>ANY</SMALL> <SMALL>AND</SMALL> <SMALL>ALL</SMALL> <SMALL>OTHER</SMALL> <SMALL>RESTRICTED</SMALL> <SMALL>STOCK</SMALL> <SMALL>AWARDS</SMALL> <SMALL>AND</SMALL> <SMALL>STOCK</SMALL>
<SMALL>OPTION</SMALL> <SMALL>AWARDS</SMALL> <SMALL>WHICH</SMALL> <SMALL>ARE</SMALL> <SMALL>SCHEDULED</SMALL> <SMALL>TO</SMALL> <SMALL>VEST</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>SERVICE</SMALL> <SMALL>CONTINUING</SMALL>
<SMALL>AFTER</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>P<SMALL>ROVIDED</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>DOES</SMALL> <SMALL>NOT</SMALL> <SMALL>BREACH</SMALL> <SMALL>THIS</SMALL>
A<SMALL>GREEMENT</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> R<SMALL>ELEASE</SMALL> (<SMALL>AS</SMALL> <SMALL>DEFINED</SMALL> <SMALL>BELOW</SMALL>), <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>SHALL</SMALL> <SMALL>PAY</SMALL>
E<SMALL>XECUTIVE</SMALL> <SMALL>AS</SMALL> <SMALL>ADDITIONAL</SMALL> <SMALL>SEVERANCE</SMALL> <SMALL>A</SMALL> <SMALL>SINGLE</SMALL> <SMALL>LUMP</SMALL> <SMALL>SUM</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>OF</SMALL> T<SMALL>WO</SMALL>
H<SMALL>UNDRED</SMALL> F<SMALL>IFTY</SMALL> T<SMALL>HOUSAND</SMALL> D<SMALL>OLLARS</SMALL> ($250,000) (&#147;E<SMALL>NHANCED</SMALL> S<SMALL>EVERANCE</SMALL>&#148;). P<SMALL>AYMENT</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> E<SMALL>NHANCED</SMALL>
S<SMALL>EVERANCE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>REDUCED</SMALL> <SMALL>BY</SMALL> <SMALL>ALL</SMALL> <SMALL>STATUTORILY</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>DEDUCTIONS</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL>
E<SMALL>XECUTIVE</SMALL> <SMALL>AUTHORIZED</SMALL> <SMALL>DEDUCTIONS</SMALL>.</B> </FONT></TD></TR></TABLE>

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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>P<SMALL>AYMENT</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> B<SMALL>ASE</SMALL> S<SMALL>EVERANCE</SMALL>, E<SMALL>NHANCED</SMALL> S<SMALL>EVERANCE</SMALL>,
<SMALL>AND</SMALL> <SMALL>THE</SMALL> <SMALL>BENEFITS</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>UNDER</SMALL> S<SMALL>ECTION</SMALL>&nbsp;3(<SMALL>F</SMALL>) <SMALL>ARE</SMALL> <SMALL>ALL</SMALL> <SMALL>CONDITIONED</SMALL> <SMALL>ON</SMALL>
E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>SIGNING</SMALL> (<SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>), E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>NOT</SMALL>
<SMALL>REVOKING</SMALL>, <SMALL>AND</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>RECEIPT</SMALL> <SMALL>OF</SMALL> <SMALL>A</SMALL> R<SMALL>ELEASE</SMALL> (<SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>FORM</SMALL>
<SMALL>ATTACHED</SMALL> <SMALL>AS</SMALL> E<SMALL>XHIBIT</SMALL> A <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>) (<SMALL>THE</SMALL> &#147;R<SMALL>ELEASE</SMALL>&#148;) <SMALL>ON</SMALL> <SMALL>OR</SMALL> <SMALL>WITHIN</SMALL>
<SMALL>TEN</SMALL> (10)&nbsp;<SMALL>DAYS</SMALL> <SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>. P<SMALL>AYMENT</SMALL> <SMALL>OF</SMALL> B<SMALL>ASE</SMALL> S<SMALL>EVERANCE</SMALL> <SMALL>AND</SMALL>
E<SMALL>NHANCED</SMALL> S<SMALL>EVERANCE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>MADE</SMALL> <SMALL>IN</SMALL> <SMALL>A</SMALL> <SMALL>SINGLE</SMALL> <SMALL>LUMP</SMALL> <SMALL>SUM</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>TO</SMALL>
<SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>FIRST</SMALL> <SMALL>REGULAR</SMALL> <SMALL>SCHEDULED</SMALL> <SMALL>PAY</SMALL> <SMALL>DATE</SMALL>
<SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL> <SMALL>THE</SMALL> R<SMALL>ELEASE</SMALL> <SMALL>IS</SMALL> <SMALL>EFFECTIVE</SMALL> <SMALL>AND</SMALL> <SMALL>MAY</SMALL> <SMALL>NO</SMALL> <SMALL>LONGER</SMALL> <SMALL>BE</SMALL>
<SMALL>REVOKED</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(f)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>F<SMALL>OR</SMALL> <SMALL>THE</SMALL> <SMALL>PERIOD</SMALL> <SMALL>ENDING</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>EARLIER</SMALL> <SMALL>OF</SMALL>
(<SMALL>I</SMALL>)&nbsp;<SMALL>TWELVE</SMALL>-<SMALL>MONTHS</SMALL> <SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL> <SMALL>OR</SMALL> (<SMALL>II</SMALL>)&nbsp;<SMALL>THE</SMALL> <SMALL>DATE</SMALL>
<SMALL>ON</SMALL> <SMALL>WHICH</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>BECOMES</SMALL> <SMALL>ELIGIBLE</SMALL> <SMALL>TO</SMALL> <SMALL>RECEIVE</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>FROM</SMALL>
<SMALL>ANOTHER</SMALL> <SMALL>EMPLOYER</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>ENTITLED</SMALL> <SMALL>TO</SMALL> <SMALL>RECEIVE</SMALL> <SMALL>CONTINUED</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>UNDER</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>PLANS</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>COST</SMALL>
<SMALL>OF</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>PLAN</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>THE</SMALL> <SMALL>SAME</SMALL> <SMALL>AS</SMALL> <SMALL>THE</SMALL> <SMALL>AMOUNT</SMALL>
<SMALL>PAID</SMALL> <SMALL>BY</SMALL> <SMALL>EMPLOYEES</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>GROUP</SMALL>
<SMALL>MEDICAL</SMALL> <SMALL>PLANS</SMALL>. T<SMALL>HIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>COMPROMISE</SMALL> <SMALL>ANY</SMALL> <SMALL>RIGHT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>MAY</SMALL>
<SMALL>HAVE</SMALL> <SMALL>TO</SMALL> <SMALL>GROUP</SMALL> <SMALL>HEALTH</SMALL> <SMALL>CONTINUATION</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>UNDER</SMALL> S<SMALL>ECTIONS</SMALL> 601 <SMALL>ET</SMALL> <SMALL>SEQ</SMALL>. <SMALL>OF</SMALL> ERISA
(&#147;COBRA&#148;). W<SMALL>ITH</SMALL> <SMALL>RESPECT</SMALL> <SMALL>TO</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>PLANS</SMALL>, <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL>
D<SMALL>ATE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> &#147;<SMALL>QUALIFYING</SMALL> <SMALL>EVENT</SMALL>&#148; <SMALL>FOR</SMALL>
<SMALL>PURPOSES</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>CONTINUATION</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>UNDER</SMALL> COBRA.</B> </FONT></TD></TR></TABLE>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(g)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>T<SMALL>HE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>RECEIVE</SMALL> <SMALL>OUTPLACEMENT</SMALL> <SMALL>SERVICES</SMALL> <SMALL>FROM</SMALL>
S<SMALL>HIELDS</SMALL> M<SMALL>ELENEY</SMALL> P<SMALL>ARTNERS</SMALL> <SMALL>FOR</SMALL> <SMALL>WHICH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>WILL</SMALL> <SMALL>REIMBURSE</SMALL> <SMALL>HIM</SMALL> <SMALL>UP</SMALL>
<SMALL>TO</SMALL> $75,000 <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>AGGREGATE</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(h)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>TO</SMALL> <SMALL>USE</SMALL> <SMALL>ALL</SMALL> <SMALL>ACCRUED</SMALL> <SMALL>VACATIONS</SMALL>
<SMALL>DAYS</SMALL> <SMALL>BETWEEN</SMALL> <SMALL>THE</SMALL> E<SMALL>FFECTIVE</SMALL> D<SMALL>ATE</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>, <SMALL>SUCH</SMALL> <SMALL>THAT</SMALL>
<SMALL>ON</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>HAVE</SMALL> <SMALL>NO</SMALL> <SMALL>FURTHER</SMALL> <SMALL>RIGHT</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL>
<SMALL>ACCRUED</SMALL> <SMALL>BUT</SMALL> <SMALL>UNUSED</SMALL> <SMALL>VACATION</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In the event of
Executive&#146;s death, the unpaid balance of the monies due to Executive under the Agreement shall continue to be paid to Executive&#146;s estate. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">During the Period of Employment and for 90 days thereafter, the Executive shall be subject to all &#147;closed trading windows&#148; as directed via email or regular mail by the General Counsel of IDEX
Corporation for the exercise of any and all options, and the sale of any and all shares of IDEX Corporation stock. </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">After signing this Agreement, Executive shall not be eligible for any other payments,
benefits and privileges related to employment or other consideration other than as expressly provided in this Agreement or in any other compensation or benefit arrangement under with Executive has any vested or contractual rights, or as may be
provided under applicable law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. <B>O<SMALL>THER</SMALL> B<SMALL>ENEFITS</SMALL>. N<SMALL>OTHING</SMALL> <SMALL>IN</SMALL>
<SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL>:</B> </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>ALTER</SMALL> <SMALL>OR</SMALL> <SMALL>REDUCE</SMALL> <SMALL>ANY</SMALL> <SMALL>VESTED</SMALL>, <SMALL>ACCRUED</SMALL> <SMALL>PENSION</SMALL>
<SMALL>BENEFITS</SMALL> (<SMALL>IF</SMALL> <SMALL>ANY</SMALL>) <SMALL>TO</SMALL> <SMALL>WHICH</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>MAY</SMALL> <SMALL>BE</SMALL> <SMALL>ENTITLED</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> IDEX
C<SMALL>ORPORATION</SMALL> R<SMALL>ETIREMENT</SMALL> P<SMALL>LAN</SMALL>, <SMALL>THE</SMALL> IDEX C<SMALL>ORPORATION</SMALL> D<SMALL>EFINED</SMALL> C<SMALL>ONTRIBUTION</SMALL> P<SMALL>LAN</SMALL>, <SMALL>THE</SMALL> IDEX C<SMALL>ORPORATION</SMALL>
S<SMALL>AVINGS</SMALL> P<SMALL>LAN</SMALL> (401(<SMALL>K</SMALL>))&nbsp;P<SMALL>LAN</SMALL> <SMALL>OR</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> IDEX C<SMALL>ORPORATION</SMALL> S<SMALL>UPPLEMENTAL</SMALL> E<SMALL>XECUTIVE</SMALL>
R<SMALL>ETIREMENT</SMALL> <SMALL>AND</SMALL> D<SMALL>EFERRED</SMALL> C<SMALL>OMPENSATION</SMALL> P<SMALL>LAN</SMALL>; <SMALL>OR</SMALL>;</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>AFFECT</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>RIGHT</SMALL> <SMALL>TO</SMALL> <SMALL>ELECT</SMALL> <SMALL>AND</SMALL>
<SMALL>PAY</SMALL> <SMALL>FOR</SMALL> <SMALL>CONTINUATION</SMALL> <SMALL>OF</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>PLAN</SMALL> <SMALL>COVERAGE</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>GROUP</SMALL> <SMALL>MEDICAL</SMALL> <SMALL>PLANS</SMALL> <SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> COBRA</B>. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive&#146;s benefits under the plans identified in Section&nbsp;4(a) shall be paid to him pursuant to the terms of the plan
documents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">5. <B>N<SMALL>ON</SMALL>-S<SMALL>OLICITATION</SMALL> <SMALL>OF</SMALL> C<SMALL>OMPANY</SMALL> E<SMALL>MPLOYEES</SMALL>.
E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>HAS</SMALL> <SMALL>INVESTED</SMALL> <SMALL>SUBSTANTIAL</SMALL> <SMALL>TIME</SMALL> <SMALL>AND</SMALL> <SMALL>EFFORT</SMALL> <SMALL>IN</SMALL>
<SMALL>ASSEMBLING</SMALL> <SMALL>AND</SMALL> <SMALL>TRAINING</SMALL> <SMALL>ITS</SMALL> <SMALL>PRESENT</SMALL> <SMALL>STAFF</SMALL> <SMALL>OF</SMALL> <SMALL>PERSONNEL</SMALL>. A<SMALL>CCORDINGLY</SMALL>, E<SMALL>XECUTIVE</SMALL>
<SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> <SMALL>DURING</SMALL> <SMALL>THE</SMALL> P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYMENT</SMALL> <SMALL>AND</SMALL> <SMALL>FOR</SMALL> <SMALL>A</SMALL> <SMALL>PERIOD</SMALL> <SMALL>OF</SMALL>
<SMALL>ONE</SMALL> (1)&nbsp;<SMALL>YEAR</SMALL> <SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>NOT</SMALL> <SMALL>DIRECTLY</SMALL> <SMALL>OR</SMALL>
<SMALL>INDIRECTLY</SMALL> <SMALL>INDUCE</SMALL> <SMALL>OR</SMALL> <SMALL>SOLICIT</SMALL> <SMALL>OR</SMALL> <SMALL>SEEK</SMALL> <SMALL>TO</SMALL> <SMALL>INDUCE</SMALL> <SMALL>OR</SMALL> <SMALL>SOLICIT</SMALL> <SMALL>OR</SMALL> <SMALL>ASSIST</SMALL>
<SMALL>IN</SMALL> <SMALL>INDUCING</SMALL> <SMALL>OR</SMALL> <SMALL>SOLICITING</SMALL> <SMALL>ON</SMALL> <SMALL>BEHALF</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERS</SMALL>, <SMALL>ANY</SMALL> <SMALL>OF</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>EMPLOYEES</SMALL>. N<SMALL>OTWITHSTANDING</SMALL> <SMALL>THE</SMALL> <SMALL>FOREGOING</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL>
<SMALL>DEEMED</SMALL> <SMALL>TO</SMALL> <SMALL>HAVE</SMALL> <SMALL>VIOLATED</SMALL> <SMALL>THIS</SMALL> <SMALL>PROVISION</SMALL> <SMALL>MERELY</SMALL> <SMALL>BECAUSE</SMALL> <SMALL>A</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>EMPLOYEE</SMALL>
<SMALL>IS</SMALL> <SMALL>HIRED</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> <SMALL>ENTITY</SMALL> <SMALL>THAT</SMALL> <SMALL>EMPLOYS</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL>
<SMALL>HAS</SMALL> <SMALL>NOT</SMALL> <SMALL>SOLICITED</SMALL> <SMALL>THAT</SMALL> <SMALL>EMPLOYEE</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERWISE</SMALL> <SMALL>BEEN</SMALL> <SMALL>INVOLVED</SMALL> <SMALL>IN</SMALL> <SMALL>HIS</SMALL>/<SMALL>HER</SMALL>
<SMALL>HIRING</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">6. <B>N<SMALL>ON</SMALL>-S<SMALL>OLICITATION</SMALL> <SMALL>OF</SMALL> C<SMALL>USTOMERS</SMALL>.
E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>RELATIONSHIPS</SMALL> <SMALL>WITH</SMALL> <SMALL>ITS</SMALL> C<SMALL>USTOMERS</SMALL> <SMALL>ARE</SMALL>
<SMALL>SOLELY</SMALL> <SMALL>THE</SMALL> <SMALL>ASSETS</SMALL> <SMALL>AND</SMALL> <SMALL>PROPERTY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL>
<SMALL>DURING</SMALL> <SMALL>THE</SMALL> P<SMALL>ERIOD</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYMENT</SMALL> <SMALL>AND</SMALL> <SMALL>FOR</SMALL> <SMALL>A</SMALL> <SMALL>PERIOD</SMALL> <SMALL>OF</SMALL> <SMALL>ONE</SMALL> (1)&nbsp;<SMALL>YEAR</SMALL>
<SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>DIRECTLY</SMALL> <SMALL>OR</SMALL> <SMALL>THROUGH</SMALL> <SMALL>OTHERS</SMALL>
<SMALL>SOLICIT</SMALL> <SMALL>OR</SMALL> <SMALL>ATTEMPT</SMALL> <SMALL>TO</SMALL> <SMALL>SOLICIT</SMALL> <SMALL>ANY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> C<SMALL>USTOMERS</SMALL> <SMALL>FOR</SMALL>
<SMALL>THE</SMALL> <SMALL>PURPOSE</SMALL> <SMALL>OF</SMALL> <SMALL>PROVIDING</SMALL> <SMALL>PRODUCTS</SMALL> <SMALL>OR</SMALL> <SMALL>SERVICES</SMALL> <SMALL>COMPETITIVE</SMALL> <SMALL>TO</SMALL> <SMALL>THOSE</SMALL> <SMALL>OFFERED</SMALL>
<SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>. T<SMALL>HIS</SMALL> <SMALL>SOLICITATION</SMALL> <SMALL>RESTRICTION</SMALL> <SMALL>APPLIES</SMALL> <SMALL>ONLY</SMALL> <SMALL>TO</SMALL> <SMALL>THOSE</SMALL> C<SMALL>USTOMERS</SMALL>
<SMALL>WITH</SMALL> <SMALL>WHOM</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAD</SMALL> <SMALL>MATERIAL</SMALL> <SMALL>CONTACT</SMALL> <SMALL>ON</SMALL> <SMALL>BEHALF</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>.
&#147;M<SMALL>ATERIAL</SMALL> <SMALL>CONTACT</SMALL>&#148; <SMALL>MEANS</SMALL>: (<SMALL>I</SMALL>)&nbsp;<SMALL>DIRECT</SMALL> <SMALL>PERSONAL</SMALL> <SMALL>CONTACT</SMALL> <SMALL>WITH</SMALL> <SMALL>A</SMALL> C<SMALL>USTOMER</SMALL>
<SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>PURPOSE</SMALL> <SMALL>OF</SMALL>, <SMALL>RESPECTIVELY</SMALL>, <SMALL>PURCHASING</SMALL> <SMALL>MATERIALS</SMALL> <SMALL>OR</SMALL> <SMALL>SERVICES</SMALL> <SMALL>FOR</SMALL> <SMALL>USE</SMALL>
<SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>OR</SMALL> <SMALL>SELLING</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>PRODUCTS</SMALL> <SMALL>OR</SMALL> <SMALL>SERVICES</SMALL> <SMALL>TO</SMALL>
C<SMALL>USTOMERS</SMALL> <SMALL>OR</SMALL> (<SMALL>II</SMALL>)&nbsp;<SMALL>ANY</SMALL> <SMALL>DIRECT</SMALL> <SMALL>SUPERVISION</SMALL> <SMALL>OF</SMALL> <SMALL>DIRECT</SMALL> <SMALL>PERSONAL</SMALL> <SMALL>CONTACTS</SMALL> <SMALL>OTHER</SMALL>
<SMALL>EMPLOYEES</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>WITH</SMALL> C<SMALL>USTOMERS</SMALL>. C<SMALL>USTOMERS</SMALL> <SMALL>ARE</SMALL> <SMALL>THOSE</SMALL>
C<SMALL>USTOMERS</SMALL> <SMALL>AND</SMALL> <SMALL>PROSPECTIVE</SMALL> C<SMALL>USTOMERS</SMALL> <SMALL>WITH</SMALL> <SMALL>WHOM</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAD</SMALL> <SMALL>MATERIAL</SMALL> <SMALL>CONTACT</SMALL> <SMALL>WITHIN</SMALL>
<SMALL>ONE</SMALL> (1)&nbsp;<SMALL>YEAR</SMALL> <SMALL>PRIOR</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>TERMINATION</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL></B><SMALL></SMALL>. </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">7. <B>N<SMALL>ON</SMALL>-<SMALL>COMPETITION</SMALL>. I<SMALL>N</SMALL> <SMALL>CONSIDERATION</SMALL>
<SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>COMPENSATION</SMALL> <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>BENEFITS</SMALL> <SMALL>TO</SMALL> <SMALL>BE</SMALL> <SMALL>PAID</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL>
<SMALL>UNDER</SMALL> <SMALL>AND</SMALL> <SMALL>IN</SMALL> <SMALL>CONNECTION</SMALL> <SMALL>WITH</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>INCLUDING</SMALL> <SMALL>SPECIFICALLY</SMALL> <SMALL>THE</SMALL> E<SMALL>NHANCED</SMALL>
S<SMALL>EVERANCE</SMALL>, <SMALL>THE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL>, <SMALL>BEGINNING</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> E<SMALL>FFECTIVE</SMALL> D<SMALL>ATE</SMALL> <SMALL>AND</SMALL>
<SMALL>CONTINUING</SMALL> <SMALL>FOR</SMALL> <SMALL>A</SMALL> <SMALL>PERIOD</SMALL> <SMALL>OF</SMALL> <SMALL>ONE</SMALL> (1)&nbsp;<SMALL>YEAR</SMALL> <SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>,
<SMALL>HE</SMALL> <SMALL>WILL</SMALL> <SMALL>NOT</SMALL> <SMALL>PERFORM</SMALL> <SMALL>SERVICES</SMALL> <SMALL>AS</SMALL> <SMALL>AN</SMALL> <SMALL>AGENT</SMALL>, <SMALL>EMPLOYEE</SMALL>, <SMALL>OFFICER</SMALL>, <SMALL>OR</SMALL>
<SMALL>DIRECTOR</SMALL> <SMALL>OF</SMALL>, <SMALL>OR</SMALL> <SMALL>CONSULTANT</SMALL> <SMALL>TO</SMALL>, D<SMALL>OVER</SMALL> C<SMALL>ORPORATION</SMALL>&#146;<SMALL>S</SMALL> P<SMALL>UMP</SMALL> S<SMALL>OLUTIONS</SMALL> G<SMALL>ROUP</SMALL>,
X<SMALL>YLEM</SMALL> (<SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>FORMER</SMALL> ITT <SMALL>WATER</SMALL> <SMALL>UNIT</SMALL>), <SMALL>AND</SMALL> <SMALL>THE</SMALL> UTC <SMALL>WATER</SMALL> <SMALL>BUSINESS</SMALL>-N<SMALL>EPTUNE</SMALL>
<SMALL>AND</SMALL> M<SMALL>ILTON</SMALL> R<SMALL>OY</SMALL>; <SMALL>PROVIDED</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>MAY</SMALL> <SMALL>SERVE</SMALL> <SMALL>AS</SMALL> <SMALL>AN</SMALL> <SMALL>AGENT</SMALL>,
<SMALL>EMPLOYEE</SMALL>, <SMALL>OFFICER</SMALL>, <SMALL>OR</SMALL> <SMALL>DIRECTOR</SMALL> <SMALL>OF</SMALL>, <SMALL>OR</SMALL> <SMALL>CONSULTANT</SMALL> <SMALL>TO</SMALL> D<SMALL>OVER</SMALL>, X<SMALL>YLEM</SMALL> <SMALL>OR</SMALL> UTC
<SMALL>IF</SMALL> <SMALL>HIS</SMALL> <SMALL>ROLE</SMALL> <SMALL>DOES</SMALL> <SMALL>NOT</SMALL> <SMALL>INVOLVE</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>RESPECT</SMALL> <SMALL>THE</SMALL> <SMALL>IDENTIFIED</SMALL> <SMALL>BUSINESS</SMALL>
<SMALL>UNITS</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">8. <B>T<SMALL>RADE</SMALL> S<SMALL>ECRET</SMALL> <SMALL>AND</SMALL> C<SMALL>ONFIDENTIAL</SMALL>
I<SMALL>NFORMATION</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>ACKNOWLEDGES</SMALL> <SMALL>THAT</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>COURSE</SMALL> <SMALL>OF</SMALL> <SMALL>EMPLOYMENT</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>HAD</SMALL>
<SMALL>ACCESS</SMALL> <SMALL>TO</SMALL> <SMALL>AND</SMALL> <SMALL>OBTAINED</SMALL> <SMALL>KNOWLEDGE</SMALL> <SMALL>OF</SMALL> <SMALL>TRADE</SMALL> <SMALL>SECRETS</SMALL> <SMALL>AND</SMALL>/<SMALL>OR</SMALL> <SMALL>CONFIDENTIAL</SMALL>
<SMALL>INFORMATION</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>BUSINESS</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>RECOGNIZES</SMALL> <SMALL>AND</SMALL>
<SMALL>ACKNOWLEDGES</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> T<SMALL>RADE</SMALL> S<SMALL>ECRET</SMALL> <SMALL>AND</SMALL> C<SMALL>ONFIDENTIAL</SMALL> I<SMALL>NFORMATION</SMALL>
<SMALL>CONSTITUTES</SMALL> <SMALL>VALUABLE</SMALL>, <SMALL>SPECIAL</SMALL> <SMALL>AND</SMALL> <SMALL>UNIQUE</SMALL> <SMALL>ASSETS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AND</SMALL> <SMALL>USE</SMALL>
<SMALL>OR</SMALL> <SMALL>DISCLOSURE</SMALL> <SMALL>THEREOF</SMALL> <SMALL>CONTRARY</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>TERMS</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>WOULD</SMALL>
<SMALL>CAUSE</SMALL> <SMALL>SUBSTANTIAL</SMALL> <SMALL>LOSS</SMALL> <SMALL>OF</SMALL> <SMALL>COMPETITIVE</SMALL> <SMALL>ADVANTAGE</SMALL> <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>SERIOUS</SMALL> <SMALL>INJURY</SMALL> <SMALL>TO</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>.</B> </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;<B>T<SMALL>RADE</SMALL> S<SMALL>ECRETS</SMALL>&#148; M<SMALL>EANS</SMALL> A<SMALL>LL</SMALL> I<SMALL>NFORMATION</SMALL> F<SMALL>ROM</SMALL> W<SMALL>HICH</SMALL>
T<SMALL>HE</SMALL> C<SMALL>OMPANY</SMALL>, O<SMALL>R</SMALL> A<SMALL>NY</SMALL> P<SMALL>ERSON</SMALL> O<SMALL>R</SMALL> C<SMALL>OMPANY</SMALL> T<SMALL>HAT</SMALL> D<SMALL>OES</SMALL> B<SMALL>USINESS</SMALL> W<SMALL>ITH</SMALL> T<SMALL>HE</SMALL>
C<SMALL>OMPANY</SMALL>, D<SMALL>ERIVES</SMALL> A<SMALL>CTUAL</SMALL> O<SMALL>R</SMALL> P<SMALL>OTENTIAL</SMALL> E<SMALL>CONOMIC</SMALL> V<SMALL>ALUE</SMALL> F<SMALL>ROM</SMALL> I<SMALL>TS</SMALL> N<SMALL>OT</SMALL> B<SMALL>EING</SMALL>
K<SMALL>NOWN</SMALL> B<SMALL>Y</SMALL> T<SMALL>HOSE</SMALL> W<SMALL>HO</SMALL> C<SMALL>AN</SMALL> O<SMALL>BTAIN</SMALL> E<SMALL>CONOMIC</SMALL> V<SMALL>ALUE</SMALL> F<SMALL>ROM</SMALL> I<SMALL>TS</SMALL> D<SMALL>ISCLOSURE</SMALL> O<SMALL>R</SMALL>
U<SMALL>SE</SMALL> A<SMALL>ND</SMALL> I<SMALL>T</SMALL> N<SMALL>OT</SMALL> B<SMALL>EING</SMALL> R<SMALL>EADILY</SMALL> A<SMALL>SCERTAINABLE</SMALL> B<SMALL>Y</SMALL> P<SMALL>ROPER</SMALL> M<SMALL>EANS</SMALL>. T<SMALL>RADE</SMALL>
S<SMALL>ECRETS</SMALL> M<SMALL>EANS</SMALL> A<SMALL>NY</SMALL> I<SMALL>TEM</SMALL> O<SMALL>F</SMALL> C<SMALL>ONFIDENTIAL</SMALL> I<SMALL>NFORMATION</SMALL> T<SMALL>HAT</SMALL> C<SMALL>ONSTITUTES</SMALL> A &#147;<SMALL>TRADE</SMALL>
S<SMALL>ECRET</SMALL>&#148; U<SMALL>NDER</SMALL> A<SMALL>PPLICABLE</SMALL> C<SMALL>OMMON</SMALL> L<SMALL>AW</SMALL> O<SMALL>R</SMALL> S<SMALL>TATUTORY</SMALL> L<SMALL>AW</SMALL></B><SMALL></SMALL>. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#147;C<SMALL>ONFIDENTIAL</SMALL> I<SMALL>NFORMATION</SMALL>&#148; <SMALL>MEANS</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>WHICH</SMALL>
<SMALL>IS</SMALL> <SMALL>TREATED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AS</SMALL> <SMALL>CONFIDENTIAL</SMALL> <SMALL>AND</SMALL> <SMALL>WHICH</SMALL> <SMALL>IS</SMALL> <SMALL>OF</SMALL> <SMALL>VALUE</SMALL>
<SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>BECAUSE</SMALL> <SMALL>IT</SMALL> <SMALL>HAS</SMALL> <SMALL>NOT</SMALL> <SMALL>BEEN</SMALL> <SMALL>MADE</SMALL> <SMALL>GENERALLY</SMALL> <SMALL>AVAILABLE</SMALL> <SMALL>TO</SMALL>
<SMALL>THE</SMALL> <SMALL>PUBLIC</SMALL> <SMALL>OR</SMALL> <SMALL>TO</SMALL> <SMALL>COMPETITORS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> (<SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>BY</SMALL> <SMALL>FAULT</SMALL>
<SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>), <SMALL>AND</SMALL> <SMALL>INCLUDES</SMALL> <SMALL>BUT</SMALL> <SMALL>IS</SMALL> <SMALL>NOT</SMALL> <SMALL>LIMITED</SMALL> <SMALL>TO</SMALL> <SMALL>ORAL</SMALL>, <SMALL>WRITTEN</SMALL> <SMALL>AND</SMALL>
<SMALL>ELECTRONICALLY</SMALL> <SMALL>OR</SMALL> <SMALL>DIGITALLY</SMALL> <SMALL>STORED</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>RELATED</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL>
<SMALL>FINANCIAL</SMALL> <SMALL>AFFAIRS</SMALL>, <SMALL>FINANCING</SMALL> <SMALL>METHODS</SMALL>, <SMALL>PROFIT</SMALL> <SMALL>AND</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>REPORTS</SMALL>, <SMALL>ACCOUNTING</SMALL>, <SMALL>MARKETING</SMALL>,
<SMALL>METHODS</SMALL> <SMALL>OF</SMALL> <SMALL>OPERATION</SMALL> <SMALL>AND</SMALL> <SMALL>SALES</SMALL>, <SMALL>CURRENT</SMALL> <SMALL>OR</SMALL> <SMALL>POTENTIAL</SMALL> <SMALL>CUSTOMER</SMALL> <SMALL>LISTS</SMALL>, <SMALL>CURRENT</SMALL>
<SMALL>OR</SMALL> <SMALL>POTENTIAL</SMALL> <SMALL>VENDOR</SMALL> <SMALL>LISTS</SMALL>, <SMALL>BUSINESS</SMALL> <SMALL>PLANS</SMALL> <SMALL>AND</SMALL> <SMALL>STRATEGIES</SMALL>, <SMALL>PRODUCT</SMALL> <SMALL>DEVELOPMENT</SMALL>,
<SMALL>IDEAS</SMALL>, <SMALL>CONCEPTS</SMALL>, <SMALL>DESIGNS</SMALL>, <SMALL>IMPROVEMENTS</SMALL>, <SMALL>PROCESSES</SMALL>, <SMALL>CURRENT</SMALL> <SMALL>AND</SMALL> <SMALL>FUTURE</SMALL> <SMALL>DEVELOPMENT</SMALL> <SMALL>AND</SMALL>
<SMALL>EXPANSION</SMALL> <SMALL>OR</SMALL> <SMALL>CONTRACTION</SMALL> <SMALL>PLANS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>,</B> </FONT></P></TD></TR></TABLE>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
<B><SMALL>INFORMATION</SMALL> <SMALL>CONCERNING</SMALL> <SMALL>PERSONNEL</SMALL> <SMALL>ASSIGNMENTS</SMALL> <SMALL>AND</SMALL> <SMALL>PERSONNEL</SMALL> <SMALL>MATTERS</SMALL>,
<SMALL>TRAINING</SMALL> <SMALL>MANUALS</SMALL>, <SMALL>AND</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL>
<SMALL>BUSINESS</SMALL> <SMALL>THAT</SMALL> <SMALL>IS</SMALL> <SMALL>TREATED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AS</SMALL> <SMALL>CONFIDENTIAL</SMALL> <SMALL>OR</SMALL> <SMALL>IS</SMALL> <SMALL>LABELED</SMALL>
<SMALL>AS</SMALL> &#147;<SMALL>CONFIDENTIAL</SMALL>&#148; <SMALL>OR</SMALL> <SMALL>TO</SMALL> <SMALL>SIMILAR</SMALL> <SMALL>EFFECT</SMALL>. C<SMALL>ONFIDENTIAL</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>ALSO</SMALL> <SMALL>INCLUDES</SMALL>
<SMALL>ANY</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>DESCRIBED</SMALL> <SMALL>AS</SMALL> <SMALL>PROPRIETARY</SMALL> <SMALL>OR</SMALL> <SMALL>DESIGNATED</SMALL> <SMALL>AS</SMALL> <SMALL>CONFIDENTIAL</SMALL> <SMALL>INFORMATION</SMALL>,
<SMALL>WHETHER</SMALL> <SMALL>OR</SMALL> <SMALL>NOT</SMALL> <SMALL>OWNED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Executive agrees that during employment with the Company and for all periods following the termination of employment, Executive shall not, other than on behalf of the Company, divulge or make use of any
confidential information of the Company directly, indirectly, personally, or on behalf of any other person, business, corporation or entity, and further shall diligently protect any and all Confidential Information against loss by inadvertent or
unauthorized disclosure, use or misappropriation during this period. This covenant is not intended to and does not limit in any way Executive&#146;s duties and obligations to the Company under statutory or case law not to disclose or make personal
use of such information or any trade secret information of the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">9. <B>E<SMALL>QUITABLE</SMALL> R<SMALL>EMEDIES</SMALL>;
A<SMALL>VAILABILITY</SMALL> <SMALL>OF</SMALL> O<SMALL>THER</SMALL> R<SMALL>EMEDIES</SMALL>; O<SMALL>BLIGATIONS</SMALL> A<SMALL>BSOLUTE</SMALL>.</B> </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL> <SMALL>REPRESENTS</SMALL> <SMALL>AND</SMALL> <SMALL>WARRANTS</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAS</SMALL>
<SMALL>HAD</SMALL> <SMALL>AN</SMALL> <SMALL>OPPORTUNITY</SMALL> <SMALL>TO</SMALL> <SMALL>CONSULT</SMALL> <SMALL>WITH</SMALL> <SMALL>AN</SMALL> <SMALL>ATTORNEY</SMALL> <SMALL>REGARDING</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>,
<SMALL>HAS</SMALL> <SMALL>THOROUGHLY</SMALL> <SMALL>AND</SMALL> <SMALL>COMPLETELY</SMALL> <SMALL>REVIEWED</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>AN</SMALL> <SMALL>ATTORNEY</SMALL>, <SMALL>AND</SMALL>
<SMALL>FULLY</SMALL> <SMALL>UNDERSTANDS</SMALL> <SMALL>THE</SMALL> <SMALL>CONTENTS</SMALL> <SMALL>HEREOF</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL> <SMALL>ACKNOWLEDGES</SMALL> <SMALL>THAT</SMALL> (<SMALL>I</SMALL>)&nbsp;<SMALL>THE</SMALL> <SMALL>PROVISIONS</SMALL> <SMALL>OF</SMALL>
S<SMALL>ECTIONS</SMALL> 5, 6, 7, <SMALL>AND</SMALL> 8 <SMALL>ARE</SMALL> <SMALL>REASONABLE</SMALL> <SMALL>AND</SMALL> <SMALL>NECESSARY</SMALL> <SMALL>TO</SMALL> <SMALL>PROTECT</SMALL> <SMALL>THE</SMALL> <SMALL>LEGITIMATE</SMALL>
<SMALL>INTERESTS</SMALL> <SMALL>OF</SMALL> IDEX <SMALL>AND</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL>, <SMALL>AND</SMALL> (<SMALL>II</SMALL>)&nbsp;<SMALL>ANY</SMALL> <SMALL>VIOLATION</SMALL> <SMALL>OF</SMALL> S<SMALL>ECTIONS</SMALL> 5, 6,
7, <SMALL>OR</SMALL> 8 <SMALL>WILL</SMALL> <SMALL>RESULT</SMALL> <SMALL>IN</SMALL> <SMALL>IRREPARABLE</SMALL> <SMALL>INJURY</SMALL> <SMALL>TO</SMALL> IDEX, <SMALL>THE</SMALL> <SMALL>EXACT</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>OF</SMALL>
<SMALL>WHICH</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>DIFFICULT</SMALL> <SMALL>TO</SMALL> <SMALL>ASCERTAIN</SMALL>, <SMALL>AND</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> <SMALL>REMEDIES</SMALL> <SMALL>AT</SMALL> <SMALL>LAW</SMALL>
<SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL> <SMALL>VIOLATION</SMALL> <SMALL>WOULD</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL> <SMALL>REASONABLE</SMALL> <SMALL>OR</SMALL> <SMALL>ADEQUATE</SMALL> <SMALL>COMPENSATION</SMALL>
<SMALL>TO</SMALL> IDEX <SMALL>AND</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>FOR</SMALL> <SMALL>SUCH</SMALL> <SMALL>A</SMALL> <SMALL>VIOLATION</SMALL>. A<SMALL>CCORDINGLY</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL>
<SMALL>THAT</SMALL> <SMALL>IF</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>VIOLATES</SMALL> <SMALL>THE</SMALL> <SMALL>PROVISIONS</SMALL> <SMALL>OF</SMALL> S<SMALL>ECTIONS</SMALL> 5, 6, <SMALL>OR</SMALL> 8 <SMALL>IN</SMALL> <SMALL>ADDITION</SMALL>
<SMALL>TO</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>REMEDY</SMALL> <SMALL>WHICH</SMALL> <SMALL>MAY</SMALL> <SMALL>BE</SMALL> <SMALL>AVAILABLE</SMALL> <SMALL>AT</SMALL> <SMALL>LAW</SMALL> <SMALL>OR</SMALL> <SMALL>IN</SMALL>
<SMALL>EQUITY</SMALL>, IDEX <SMALL>AND</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>ENTITLED</SMALL> <SMALL>TO</SMALL> <SMALL>SPECIFIC</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>AND</SMALL>
<SMALL>INJUNCTIVE</SMALL> <SMALL>RELIEF</SMALL>, <SMALL>WITHOUT</SMALL> <SMALL>POSTING</SMALL> <SMALL>BOND</SMALL> <SMALL>OR</SMALL> <SMALL>OTHER</SMALL> <SMALL>SECURITY</SMALL>, <SMALL>AND</SMALL> <SMALL>WITHOUT</SMALL> <SMALL>THE</SMALL>
<SMALL>NECESSITY</SMALL> <SMALL>OF</SMALL> <SMALL>PROVING</SMALL> <SMALL>ACTUAL</SMALL> <SMALL>DAMAGES</SMALL>. F<SMALL>URTHER</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>UNDERSTANDS</SMALL> <SMALL>THAT</SMALL> <SMALL>ANY</SMALL> <SMALL>DAMAGES</SMALL>
<SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>PROVISIONS</SMALL> <SMALL>OF</SMALL> S<SMALL>ECTION</SMALL>&nbsp;7 <SMALL>WILL</SMALL> <SMALL>BE</SMALL>
<SMALL>DIFFICULT</SMALL> <SMALL>TO</SMALL> <SMALL>MEASURE</SMALL>, <SMALL>AND</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>SUCH</SMALL> <SMALL>CONSIDERATION</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>UNDERSTANDS</SMALL> <SMALL>AND</SMALL>
<SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>ANY</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>PROVISIONS</SMALL> <SMALL>IN</SMALL> S<SMALL>ECTION</SMALL>&nbsp;7
<SMALL>BY</SMALL> E<SMALL>XECUTIVE</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>LIABLE</SMALL> <SMALL>TO</SMALL> IDEX <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>AMOUNT</SMALL> <SMALL>OF</SMALL> TWO HUNDRED FIFTY
THOUSAND AND 00/100 DOLLARS ($250,000).</B> </FONT></TD></TR></TABLE>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>T<SMALL>HE</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>AND</SMALL> <SMALL>REMEDIES</SMALL> <SMALL>OF</SMALL> IDEX <SMALL>AND</SMALL> <SMALL>ITS</SMALL>
A<SMALL>FFILIATES</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>ARE</SMALL> <SMALL>NOT</SMALL> <SMALL>EXCLUSIVE</SMALL> <SMALL>OF</SMALL> <SMALL>OR</SMALL> <SMALL>LIMITED</SMALL> <SMALL>BY</SMALL>
<SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>OR</SMALL> <SMALL>REMEDIES</SMALL> <SMALL>THAT</SMALL> <SMALL>IT</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL>, <SMALL>WHETHER</SMALL> <SMALL>AT</SMALL> <SMALL>LAW</SMALL>,
<SMALL>IN</SMALL> <SMALL>EQUITY</SMALL>, <SMALL>BY</SMALL> <SMALL>CONTRACT</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERWISE</SMALL>, <SMALL>ALL</SMALL> <SMALL>OF</SMALL> <SMALL>WHICH</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>CUMULATIVE</SMALL>
(<SMALL>AND</SMALL> <SMALL>NOT</SMALL> <SMALL>ALTERNATIVE</SMALL>). W<SMALL>ITHOUT</SMALL> <SMALL>LIMITING</SMALL> <SMALL>THE</SMALL> <SMALL>GENERALITY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>FOREGOING</SMALL>, <SMALL>THE</SMALL>
<SMALL>RIGHTS</SMALL> <SMALL>AND</SMALL> <SMALL>REMEDIES</SMALL> <SMALL>OF</SMALL> IDEX <SMALL>AND</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>AND</SMALL>
<SMALL>THE</SMALL> <SMALL>OBLIGATIONS</SMALL> <SMALL>AND</SMALL> <SMALL>LIABILITIES</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>ARE</SMALL> <SMALL>IN</SMALL>
<SMALL>ADDITION</SMALL> <SMALL>TO</SMALL> <SMALL>THEIR</SMALL> <SMALL>RESPECTIVE</SMALL> <SMALL>RIGHTS</SMALL>, <SMALL>REMEDIES</SMALL>, <SMALL>OBLIGATIONS</SMALL> <SMALL>AND</SMALL> <SMALL>LIABILITIES</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL>
<SMALL>LAW</SMALL> <SMALL>OF</SMALL> <SMALL>UNFAIR</SMALL> <SMALL>COMPETITION</SMALL>, <SMALL>UNDER</SMALL> <SMALL>LAWS</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>MISAPPROPRIATION</SMALL> <SMALL>OF</SMALL> <SMALL>TRADE</SMALL>
<SMALL>SECRETS</SMALL>, <SMALL>UNDER</SMALL> <SMALL>OTHER</SMALL> <SMALL>LAWS</SMALL> <SMALL>AND</SMALL> <SMALL>COMMON</SMALL> <SMALL>LAW</SMALL> <SMALL>REQUIREMENTS</SMALL> <SMALL>AND</SMALL> <SMALL>UNDER</SMALL> <SMALL>ALL</SMALL>
<SMALL>APPLICABLE</SMALL> <SMALL>RULES</SMALL> <SMALL>AND</SMALL> <SMALL>REGULATIONS</SMALL></B><SMALL></SMALL>. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>OBLIGATIONS</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>ARE</SMALL>
<SMALL>ABSOLUTE</SMALL> <SMALL>AND</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL> <SMALL>TERMINATED</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERWISE</SMALL> <SMALL>LIMITED</SMALL> <SMALL>BY</SMALL> <SMALL>VIRTUE</SMALL>
<SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>BREACH</SMALL> (<SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>PART</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>, IDEX, <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL>
<SMALL>PERSON</SMALL>) <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>PROVISION</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>AGREEMENT</SMALL>, <SMALL>OR</SMALL> <SMALL>BY</SMALL> <SMALL>VIRTUE</SMALL> <SMALL>OF</SMALL>
<SMALL>ANY</SMALL> <SMALL>FAILURE</SMALL> <SMALL>TO</SMALL> <SMALL>PERFORM</SMALL> <SMALL>OR</SMALL> <SMALL>OTHER</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>OBLIGATION</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL>, IDEX, <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>PERSON</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.
<B>W<SMALL>AIVER</SMALL> <SMALL>OF</SMALL> R<SMALL>EINSTATEMENT</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>HEREBY</SMALL> <SMALL>WAIVES</SMALL> <SMALL>ANY</SMALL> <SMALL>RIGHT</SMALL> <SMALL>TO</SMALL> <SMALL>REINSTATEMENT</SMALL>,
<SMALL>REEMPLOYMENT</SMALL> <SMALL>OR</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>FURTHER</SMALL> <SMALL>AGREES</SMALL> <SMALL>NOT</SMALL> <SMALL>TO</SMALL>
<SMALL>APPLY</SMALL> <SMALL>FOR</SMALL> <SMALL>FUTURE</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>UNLESS</SMALL> <SMALL>FIRST</SMALL> <SMALL>APPROVED</SMALL> <SMALL>BY</SMALL>
<SMALL>THE</SMALL> V<SMALL>ICE</SMALL> P<SMALL>RESIDENT</SMALL>, G<SMALL>ENERAL</SMALL> C<SMALL>OUNSEL</SMALL> <SMALL>AND</SMALL> S<SMALL>ECRETARY</SMALL> <SMALL>OF</SMALL> IDEX C<SMALL>ORPORATION</SMALL>.</B> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">11. <B>N<SMALL>O</SMALL> H<SMALL>ARASSING</SMALL> C<SMALL>ONDUCT</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>COVENANTS</SMALL> <SMALL>THAT</SMALL>
<SMALL>HE</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>UNDERTAKE</SMALL> <SMALL>ANY</SMALL> <SMALL>HARASSING</SMALL> <SMALL>OR</SMALL> <SMALL>DISPARAGING</SMALL> <SMALL>CONDUCT</SMALL> <SMALL>DIRECTED</SMALL> <SMALL>AT</SMALL>
<SMALL>ANY</SMALL> <SMALL>PARTY</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>THAT</SMALL> <SMALL>HE</SMALL> <SMALL>SHALL</SMALL> <SMALL>REFRAIN</SMALL> <SMALL>FROM</SMALL> <SMALL>MAKING</SMALL>
<SMALL>ANY</SMALL> <SMALL>HARASSING</SMALL> <SMALL>OR</SMALL> <SMALL>DISPARAGING</SMALL> <SMALL>STATEMENTS</SMALL> <SMALL>CONCERNING</SMALL> <SMALL>ANY</SMALL> <SMALL>PARTY</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>
<SMALL>TO</SMALL> <SMALL>ANY</SMALL> <SMALL>THIRD</SMALL> <SMALL>PARTY</SMALL>. T<SMALL>HE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>COVENANTS</SMALL> <SMALL>THAT</SMALL> <SMALL>IT</SMALL> <SMALL>AND</SMALL> <SMALL>ITS</SMALL> <SMALL>EXECUTIVE</SMALL>
<SMALL>OFFICERS</SMALL> <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>EXECUTIVES</SMALL> <SMALL>WHO</SMALL> <SMALL>REPORT</SMALL> <SMALL>DIRECTLY</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>HIEF</SMALL> E<SMALL>XECUTIVE</SMALL>
O<SMALL>FFICER</SMALL> <SMALL>WILL</SMALL> <SMALL>REFRAIN</SMALL> <SMALL>FROM</SMALL> <SMALL>MAKING</SMALL> <SMALL>ANY</SMALL> <SMALL>DISPARAGING</SMALL> <SMALL>STATEMENTS</SMALL> <SMALL>REGARDING</SMALL>
E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>OF</SMALL> <SMALL>DUTIES</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>HOWEVER</SMALL>, <SMALL>THAT</SMALL>
C<SMALL>OMPANY</SMALL>, <SMALL>AND</SMALL> <SMALL>ITS</SMALL> <SMALL>EXECUTIVE</SMALL> <SMALL>OFFICERS</SMALL>, <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>FREE</SMALL> <SMALL>TO</SMALL> <SMALL>PROVIDE</SMALL> <SMALL>TRUTHFUL</SMALL>
<SMALL>STATEMENTS</SMALL> <SMALL>REGARDING</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>OF</SMALL> <SMALL>DUTIES</SMALL> <SMALL>IN</SMALL> <SMALL>RESPONSE</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL>
<SMALL>PARTY</SMALL> <SMALL>WHICH</SMALL> <SMALL>IS</SMALL> <SMALL>REQUESTING</SMALL> <SMALL>SUCH</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>WHERE</SMALL> <SMALL>SUCH</SMALL> <SMALL>REQUEST</SMALL> <SMALL>HAS</SMALL> <SMALL>BEEN</SMALL>
<SMALL>AUTHORIZED</SMALL> <SMALL>EITHER</SMALL> <SMALL>BY</SMALL> (<SMALL>I</SMALL>)&nbsp;E<SMALL>XECUTIVE</SMALL> <SMALL>IN</SMALL> <SMALL>WRITING</SMALL> <SMALL>OR</SMALL> (<SMALL>II</SMALL>)&nbsp;E<SMALL>XECUTIVE</SMALL> <SMALL>INDICATING</SMALL>
<SMALL>TO</SMALL> <SMALL>A</SMALL> <SMALL>POTENTIAL</SMALL> <SMALL>EMPLOYER</SMALL> <SMALL>THAT</SMALL> <SMALL>IT</SMALL> <SMALL>MAY</SMALL> <SMALL>CONTACT</SMALL> <SMALL>AN</SMALL> <SMALL>INDIVIDUAL</SMALL> <SMALL>AT</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL> <SMALL>TO</SMALL> <SMALL>OBTAIN</SMALL> <SMALL>A</SMALL> <SMALL>REFERENCE</SMALL>. N<SMALL>OTHING</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> S<SMALL>ECTION</SMALL> <SMALL>AFFECTS</SMALL> <SMALL>OR</SMALL>
<SMALL>LIMITS</SMALL> <SMALL>A</SMALL> <SMALL>PARTY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>RIGHT</SMALL> <SMALL>TO</SMALL> <SMALL>PROVIDE</SMALL> <SMALL>TRUTHFUL</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>IN</SMALL> <SMALL>RESPONSE</SMALL>
<SMALL>TO</SMALL> <SMALL>AN</SMALL> <SMALL>OFFICIAL</SMALL> <SMALL>INQUIRY</SMALL> <SMALL>OR</SMALL> <SMALL>ORDER</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> <SMALL>GOVERNMENTAL</SMALL> <SMALL>OR</SMALL> <SMALL>REGULATORY</SMALL>
<SMALL>BODY</SMALL> <SMALL>OR</SMALL> <SMALL>WHICH</SMALL> <SMALL>IS</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> <SMALL>APPLICABLE</SMALL> <SMALL>LAW</SMALL> <SMALL>OR</SMALL> <SMALL>REGULATION</SMALL> <SMALL>OR</SMALL>
<SMALL>ORDER</SMALL> <SMALL>OF</SMALL> <SMALL>A</SMALL> <SMALL>COURT</SMALL>.</B> </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">12. <B>R<SMALL>ETURN</SMALL> <SMALL>OF</SMALL> P<SMALL>ROPERTY</SMALL>. E<SMALL>XECUTIVE</SMALL>
<SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAS</SMALL> <SMALL>NOT</SMALL> <SMALL>REMOVED</SMALL> <SMALL>AND</SMALL> <SMALL>WILL</SMALL> <SMALL>NOT</SMALL> <SMALL>REMOVE</SMALL> <SMALL>ANY</SMALL> C<SMALL>OMPANY</SMALL>
<SMALL>PROPERTY</SMALL> <SMALL>FROM</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL> <SMALL>PREMISES</SMALL>, <SMALL>EXCEPT</SMALL> <SMALL>AS</SMALL> <SMALL>AUTHORIZED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>
<SMALL>IN</SMALL> <SMALL>WRITING</SMALL>, <SMALL>OR</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>RETURN</SMALL> <SMALL>ALL</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>&#146;<SMALL>S</SMALL>
<SMALL>PROPERTY</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>. S<SMALL>UCH</SMALL> <SMALL>PROPERTY</SMALL> <SMALL>INCLUDES</SMALL>, <SMALL>BUT</SMALL> <SMALL>IS</SMALL> <SMALL>NOT</SMALL>
<SMALL>LIMITED</SMALL> <SMALL>TO</SMALL>, <SMALL>THE</SMALL> <SMALL>ORIGINAL</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL> <SMALL>COPIES</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>CONFIDENTIAL</SMALL> <SMALL>INFORMATION</SMALL>
<SMALL>OR</SMALL> <SMALL>TRADE</SMALL> <SMALL>SECRETS</SMALL>, <SMALL>ALL</SMALL> C<SMALL>OMPANY</SMALL>-<SMALL>ISSUED</SMALL> <SMALL>KEYS</SMALL>, <SMALL>PASS</SMALL> <SMALL>CARDS</SMALL>, <SMALL>TOOLS</SMALL>, <SMALL>SAMPLES</SMALL>,
<SMALL>FAX</SMALL> <SMALL>MACHINES</SMALL>, <SMALL>CELL</SMALL> <SMALL>PHONES</SMALL>, PDA<SMALL>S</SMALL>, <SMALL>COMPUTERS</SMALL> (<SMALL>LAPTOP</SMALL> <SMALL>AND</SMALL>/<SMALL>OR</SMALL> <SMALL>DESK</SMALL> <SMALL>TOP</SMALL>),
<SMALL>CREDIT</SMALL> <SMALL>CARDS</SMALL>, <SMALL>ROLODEXES</SMALL>, <SMALL>FILES</SMALL>, <SMALL>BROCHURES</SMALL>, <SMALL>EQUIPMENT</SMALL>, <SMALL>DOCUMENTS</SMALL>, <SMALL>LISTS</SMALL>, <SMALL>REPORTS</SMALL>, <SMALL>PRINTOUTS</SMALL>,
<SMALL>DRAWINGS</SMALL>, <SMALL>PLANS</SMALL>, <SMALL>SKETCHES</SMALL>, <SMALL>COMPUTER</SMALL> <SMALL>DISKS</SMALL>, <SMALL>ZIP</SMALL> <SMALL>DRIVES</SMALL>, <SMALL>PRINTOUTS</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL>
<SMALL>RECORD</SMALL> <SMALL>OR</SMALL> <SMALL>DOCUMENT</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AND</SMALL> <SMALL>ITS</SMALL> <SMALL>SERVICES</SMALL>. F<SMALL>URTHER</SMALL>,
E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAS</SMALL> <SMALL>NOT</SMALL> <SMALL>TAKEN</SMALL>, <SMALL>PROCURED</SMALL>, <SMALL>OR</SMALL> <SMALL>COPIED</SMALL> <SMALL>ANY</SMALL>
<SMALL>PROPERTY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AFTER</SMALL> <SMALL>NOTIFICATION</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>TERMINATION</SMALL>.
N<SMALL>OTWITHSTANDING</SMALL> <SMALL>THE</SMALL> <SMALL>FOREGOING</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>MAY</SMALL> <SMALL>RETAIN</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>PROVIDED</SMALL> <SMALL>I</SMALL>P<SMALL>AD</SMALL>;
<SMALL>LAPTOP</SMALL> <SMALL>COMPUTER</SMALL>, <SMALL>COMPUTER</SMALL> <SMALL>MONITOR</SMALL>, <SMALL>DOCKING</SMALL> <SMALL>STATION</SMALL> <SMALL>AND</SMALL> <SMALL>PRINTER</SMALL>; <SMALL>MICRO</SMALL>-<SMALL>CELL</SMALL>; <SMALL>AND</SMALL>
<SMALL>CELL</SMALL> <SMALL>PHONE</SMALL> (<SMALL>SUBJECT</SMALL> <SMALL>TO</SMALL> <SMALL>DELETION</SMALL> <SMALL>OF</SMALL> <SMALL>ALL</SMALL> <SMALL>CONFIDENTIAL</SMALL> <SMALL>OR</SMALL> <SMALL>PROPRIETARY</SMALL> <SMALL>INFORMATION</SMALL>
<SMALL>CONCERNING</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>FROM</SMALL> <SMALL>SUCH</SMALL> <SMALL>DEVICES</SMALL>) <SMALL>AND</SMALL> <SMALL>CELL</SMALL> <SMALL>PHONE</SMALL> <SMALL>NUMBER</SMALL>; <SMALL>AND</SMALL>
E<SMALL>XECUTIVE</SMALL> <SMALL>WILL</SMALL> <SMALL>BE</SMALL> <SMALL>SOLELY</SMALL> <SMALL>RESPONSIBLE</SMALL> <SMALL>FOR</SMALL> <SMALL>OBTAINING</SMALL> <SMALL>AND</SMALL> <SMALL>PAYING</SMALL> <SMALL>FOR</SMALL>
E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>OWN</SMALL> <SMALL>SERVICE</SMALL> <SMALL>PLANS</SMALL> <SMALL>FOR</SMALL> <SMALL>PERIODS</SMALL> <SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>.</B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">13. <B>C<SMALL>OOPERATION</SMALL> <SMALL>IN</SMALL> L<SMALL>EGAL</SMALL> <SMALL>AND</SMALL> I<SMALL>NVESTIGATIVE</SMALL>
M<SMALL>ATTERS</SMALL>. I<SMALL>N</SMALL> <SMALL>CONSIDERATION</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>PROMISES</SMALL> <SMALL>AND</SMALL> <SMALL>PAYMENTS</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>
<SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>FOR</SMALL> <SMALL>A</SMALL> <SMALL>PERIOD</SMALL> <SMALL>OF</SMALL> <SMALL>TWELVE</SMALL> (12)&nbsp;<SMALL>MONTHS</SMALL> <SMALL>FOLLOWING</SMALL>
<SMALL>THE</SMALL> T<SMALL>ERMINATION</SMALL> D<SMALL>ATE</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>TO</SMALL> <SMALL>COOPERATE</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>FULLEST</SMALL> <SMALL>EXTENT</SMALL>
<SMALL>POSSIBLE</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>PREPARATION</SMALL>, <SMALL>DEFENSE</SMALL> <SMALL>OR</SMALL> <SMALL>PROSECUTION</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>LEGAL</SMALL> <SMALL>MATTERS</SMALL>
<SMALL>OR</SMALL> <SMALL>OTHER</SMALL> <SMALL>MATTERS</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> <SMALL>COMPANY</SMALL> <SMALL>MAY</SMALL> <SMALL>BE</SMALL> <SMALL>INVESTIGATING</SMALL> <SMALL>INVOLVING</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL>, <SMALL>ABOUT</SMALL> <SMALL>WHICH</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>HAS</SMALL> <SMALL>OR</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>PERSONAL</SMALL> <SMALL>KNOWLEDGE</SMALL> (<SMALL>OTHER</SMALL>
<SMALL>THAN</SMALL> <SMALL>TERMINATION</SMALL> <SMALL>OF</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>CLAIM</SMALL> <SMALL>AGAINST</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>
<SMALL>FOR</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>), <SMALL>INCLUDING</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL> <SMALL>MATTERS</SMALL> <SMALL>WHICH</SMALL> <SMALL>MAY</SMALL>
<SMALL>BE</SMALL> <SMALL>FILED</SMALL> <SMALL>AFTER</SMALL> <SMALL>THE</SMALL> <SMALL>TERMINATION</SMALL> <SMALL>OF</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>EMPLOYMENT</SMALL>. T<SMALL>O</SMALL> <SMALL>THE</SMALL>
<SMALL>EXTENT</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>REQUIRES</SMALL> <SMALL>AND</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>PROVIDES</SMALL> <SMALL>COOPERATION</SMALL> <SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL>
S<SMALL>ECTION</SMALL>&nbsp;13, C<SMALL>OMPANY</SMALL> <SMALL>WILL</SMALL> <SMALL>REIMBURSE</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>REASONABLE</SMALL> <SMALL>OUT</SMALL> <SMALL>OF</SMALL> <SMALL>POCKET</SMALL>
<SMALL>EXPENSES</SMALL> <SMALL>ASSOCIATED</SMALL> <SMALL>WITH</SMALL> <SMALL>SUCH</SMALL> <SMALL>COOPERATION</SMALL> <SMALL>IN</SMALL> <SMALL>ACCORDANCE</SMALL> <SMALL>WITH</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>EXPENSE</SMALL>
<SMALL>REIMBURSEMENT</SMALL> <SMALL>POLICIES</SMALL>. E<SMALL>XECUTIVE</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>PAID</SMALL> $125.00/<SMALL>HOUR</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL>
<SMALL>COOPERATION</SMALL>, <SMALL>SUCH</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>TO</SMALL> <SMALL>BE</SMALL> <SMALL>MADE</SMALL> <SMALL>WITHIN</SMALL> <SMALL>FIFTEEN</SMALL> (15)&nbsp;<SMALL>BUSINESS</SMALL> <SMALL>DAYS</SMALL>
<SMALL>FOLLOWING</SMALL> <SMALL>THE</SMALL> <SMALL>DAY</SMALL> <SMALL>ON</SMALL> <SMALL>WHICH</SMALL> <SMALL>HE</SMALL> <SMALL>PROVIDES</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL> <SMALL>SERVICES</SMALL>. S<SMALL>UCH</SMALL>
<SMALL>COOPERATION</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>REQUESTED</SMALL> <SMALL>AT</SMALL> <SMALL>TIMES</SMALL> <SMALL>AND</SMALL> <SMALL>ON</SMALL> <SMALL>SCHEDULES</SMALL> <SMALL>THAT</SMALL> <SMALL>ARE</SMALL>
<SMALL>REASONABLY</SMALL> <SMALL>CONSISTENT</SMALL> <SMALL>WITH</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>OTHER</SMALL> <SMALL>ACTIVITIES</SMALL> <SMALL>AND</SMALL> <SMALL>COMMITMENTS</SMALL>, <SMALL>AND</SMALL>
<SMALL>WITH</SMALL> <SMALL>REASONABLE</SMALL> <SMALL>ADVANCE</SMALL> <SMALL>NOTICE</SMALL> <SMALL>TO</SMALL> E<SMALL>XECUTIVE</SMALL>.</B> </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">14. <B>C<SMALL>OOPERATION</SMALL> <SMALL>IN</SMALL> P<SMALL>ROFESSIONAL</SMALL> T<SMALL>RANSITION</SMALL> <SMALL>OF</SMALL> B<SMALL>USINESS</SMALL>
A<SMALL>FFAIRS</SMALL>. I<SMALL>N</SMALL> <SMALL>CONSIDERATION</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>PROMISES</SMALL> <SMALL>AND</SMALL> <SMALL>PAYMENT</SMALL>(<SMALL>S</SMALL>) <SMALL>BY</SMALL> <SMALL>THE</SMALL>
C<SMALL>OMPANY</SMALL> <SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>AGREES</SMALL> <SMALL>TO</SMALL> <SMALL>COOPERATE</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL>
<SMALL>FULLEST</SMALL> <SMALL>EXTENT</SMALL> <SMALL>POSSIBLE</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>PROFESSIONAL</SMALL> <SMALL>TRANSITION</SMALL> <SMALL>OF</SMALL> <SMALL>THOSE</SMALL> <SMALL>BUSINESS</SMALL>-<SMALL>RELATED</SMALL>
<SMALL>MATTERS</SMALL> <SMALL>FOR</SMALL> <SMALL>WHICH</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>WAS</SMALL> <SMALL>RESPONSIBLE</SMALL> <SMALL>DURING</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL>.</B>
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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">15. <B>U<SMALL>NEMPLOYMENT</SMALL> C<SMALL>LAIMS</SMALL>. I<SMALL>N</SMALL> <SMALL>THE</SMALL>
<SMALL>EVENT</SMALL> E<SMALL>XECUTIVE</SMALL> <SMALL>APPLIES</SMALL> <SMALL>FOR</SMALL> <SMALL>UNEMPLOYMENT</SMALL> <SMALL>BENEFITS</SMALL>, <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AGREES</SMALL> <SMALL>THAT</SMALL> <SMALL>IT</SMALL>
<SMALL>WILL</SMALL> <SMALL>NOT</SMALL> <SMALL>AFFIRMATIVELY</SMALL> <SMALL>OBJECT</SMALL> <SMALL>TO</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>CLAIM</SMALL> <SMALL>FOR</SMALL> <SMALL>BENEFITS</SMALL> <SMALL>BUT</SMALL>
<SMALL>WILL</SMALL> <SMALL>RESPOND</SMALL> <SMALL>TRUTHFULLY</SMALL> <SMALL>TO</SMALL> <SMALL>SUCH</SMALL> <SMALL>INQUIRIES</SMALL>.&nbsp;E<SMALL>XECUTIVE</SMALL> <SMALL>UNDERSTANDS</SMALL> <SMALL>THAT</SMALL> <SMALL>UNEMPLOYMENT</SMALL>
<SMALL>INSURANCE</SMALL> <SMALL>ELIGIBILITY</SMALL> <SMALL>DETERMINATIONS</SMALL> <SMALL>ARE</SMALL> <SMALL>MADE</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL> I<SMALL>LLINOIS</SMALL>, <SMALL>AND</SMALL>
<SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL> <SMALL>HELD</SMALL> <SMALL>RESPONSIBLE</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL>&#146;<SMALL>S</SMALL>
<SMALL>DETERMINATION</SMALL> <SMALL>ON</SMALL> E<SMALL>XECUTIVE</SMALL>&#146;<SMALL>S</SMALL> <SMALL>CLAIM</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">16.
<B>C<SMALL>ONSTRUCTION</SMALL> <SMALL>OF</SMALL> A<SMALL>GREEMENT</SMALL>. A<SMALL>NY</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>THAT</SMALL>
<SMALL>IS</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>SITUATION</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>JURISDICTION</SMALL> <SMALL>SHALL</SMALL>
<SMALL>NOT</SMALL> <SMALL>AFFECT</SMALL> <SMALL>THE</SMALL> <SMALL>VALIDITY</SMALL> <SMALL>OR</SMALL> <SMALL>ENFORCEABILITY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>REMAINING</SMALL> <SMALL>TERMS</SMALL> <SMALL>AND</SMALL>
<SMALL>PROVISIONS</SMALL> <SMALL>HEREOF</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> <SMALL>VALIDITY</SMALL> <SMALL>OR</SMALL> <SMALL>ENFORCEABILITY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>OFFENDING</SMALL> <SMALL>TERM</SMALL>
<SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>SITUATION</SMALL> <SMALL>OR</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>JURISDICTION</SMALL>. I<SMALL>F</SMALL>
<SMALL>THE</SMALL> <SMALL>FINAL</SMALL> <SMALL>JUDGMENT</SMALL> <SMALL>OF</SMALL> <SMALL>A</SMALL> <SMALL>COURT</SMALL> <SMALL>OF</SMALL> <SMALL>COMPETENT</SMALL> <SMALL>JURISDICTION</SMALL> <SMALL>DECLARES</SMALL> <SMALL>THAT</SMALL>
<SMALL>ANY</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>HEREOF</SMALL> <SMALL>IS</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL>, <SMALL>THE</SMALL> <SMALL>PARTIES</SMALL>
<SMALL>HERETO</SMALL> <SMALL>AGREE</SMALL> <SMALL>THAT</SMALL> <SMALL>THE</SMALL> <SMALL>COURT</SMALL> <SMALL>MAKING</SMALL> <SMALL>SUCH</SMALL> <SMALL>DETERMINATION</SMALL> <SMALL>SHALL</SMALL> <SMALL>HAVE</SMALL> <SMALL>THE</SMALL>
<SMALL>POWER</SMALL> <SMALL>TO</SMALL> <SMALL>LIMIT</SMALL> <SMALL>THE</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL>, <SMALL>TO</SMALL> <SMALL>DELETE</SMALL> <SMALL>SPECIFIC</SMALL> <SMALL>WORDS</SMALL> <SMALL>OR</SMALL>
<SMALL>PHRASES</SMALL>, <SMALL>OR</SMALL> <SMALL>TO</SMALL> <SMALL>REPLACE</SMALL> <SMALL>ANY</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL>
<SMALL>WITH</SMALL> <SMALL>A</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>THAT</SMALL> <SMALL>IS</SMALL> <SMALL>VALID</SMALL> <SMALL>AND</SMALL> <SMALL>ENFORCEABLE</SMALL> <SMALL>AND</SMALL> <SMALL>THAT</SMALL>
<SMALL>COMES</SMALL> <SMALL>CLOSEST</SMALL> <SMALL>TO</SMALL> <SMALL>EXPRESSING</SMALL> <SMALL>THE</SMALL> <SMALL>INTENTION</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL>
<SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL>, <SMALL>AND</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>ENFORCEABLE</SMALL> <SMALL>AS</SMALL> <SMALL>SO</SMALL>
<SMALL>MODIFIED</SMALL>. I<SMALL>N</SMALL> <SMALL>THE</SMALL> <SMALL>EVENT</SMALL> <SMALL>SUCH</SMALL> <SMALL>COURT</SMALL> <SMALL>DOES</SMALL> <SMALL>NOT</SMALL> <SMALL>EXERCISE</SMALL> <SMALL>THE</SMALL> <SMALL>POWER</SMALL> <SMALL>GRANTED</SMALL>
<SMALL>TO</SMALL> <SMALL>IT</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> <SMALL>PRIOR</SMALL> <SMALL>SENTENCE</SMALL>, <SMALL>THE</SMALL> <SMALL>PARTIES</SMALL> <SMALL>HERETO</SMALL> <SMALL>AGREE</SMALL> <SMALL>TO</SMALL> <SMALL>REPLACE</SMALL>
<SMALL>SUCH</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>WITH</SMALL> <SMALL>A</SMALL> <SMALL>VALID</SMALL> <SMALL>AND</SMALL>
<SMALL>ENFORCEABLE</SMALL> <SMALL>TERM</SMALL> <SMALL>OR</SMALL> <SMALL>PROVISION</SMALL> <SMALL>THAT</SMALL> <SMALL>WILL</SMALL> <SMALL>ACHIEVE</SMALL>, <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>POSSIBLE</SMALL>,
<SMALL>THE</SMALL> <SMALL>ECONOMIC</SMALL>, <SMALL>BUSINESS</SMALL> <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>PURPOSES</SMALL> <SMALL>OF</SMALL> <SMALL>SUCH</SMALL> <SMALL>INVALID</SMALL> <SMALL>OR</SMALL> <SMALL>UNENFORCEABLE</SMALL>
<SMALL>TERM</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">17. <B>C<SMALL>HOICE</SMALL> <SMALL>OF</SMALL> L<SMALL>AW</SMALL>. I<SMALL>T</SMALL> <SMALL>IS</SMALL>
<SMALL>THE</SMALL> <SMALL>EXPRESS</SMALL> <SMALL>INTENTION</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>PARTIES</SMALL> <SMALL>THAT</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>ANY</SMALL>
<SMALL>QUESTIONS</SMALL> <SMALL>CONCERNING</SMALL> <SMALL>ITS</SMALL> <SMALL>VALIDITY</SMALL>, <SMALL>CONSTRUCTION</SMALL> <SMALL>OR</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>BE</SMALL> <SMALL>GOVERNED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL>
<SMALL>LAWS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL> I<SMALL>LLINOIS</SMALL></B><SMALL></SMALL>. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">18.<B> N<SMALL>O</SMALL> R<SMALL>ELIANCE</SMALL> U<SMALL>PON</SMALL> O<SMALL>THER</SMALL> S<SMALL>TATEMENTS</SMALL>. T<SMALL>HIS</SMALL>
A<SMALL>GREEMENT</SMALL> <SMALL>IS</SMALL> <SMALL>ENTERED</SMALL> <SMALL>INTO</SMALL> <SMALL>WITHOUT</SMALL> <SMALL>RELIANCE</SMALL> <SMALL>UPON</SMALL> <SMALL>ANY</SMALL> <SMALL>STATEMENT</SMALL> <SMALL>OR</SMALL> <SMALL>REPRESENTATION</SMALL>
<SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>PARTY</SMALL> <SMALL>HERETO</SMALL> <SMALL>OR</SMALL> <SMALL>PARTIES</SMALL> <SMALL>HEREBY</SMALL> <SMALL>RELEASED</SMALL> <SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>THE</SMALL>
<SMALL>STATEMENTS</SMALL> <SMALL>AND</SMALL> <SMALL>REPRESENTATIONS</SMALL> <SMALL>CONTAINED</SMALL> <SMALL>IN</SMALL> <SMALL>WRITING</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>.</B> </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">19. <B>E<SMALL>NTIRE</SMALL> A<SMALL>GREEMENT</SMALL>. T<SMALL>HIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SETS</SMALL> <SMALL>FORTH</SMALL>
<SMALL>THE</SMALL> <SMALL>ENTIRE</SMALL> <SMALL>AGREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>UNDERSTANDING</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>PARTIES</SMALL> <SMALL>AND</SMALL> <SMALL>SUPERSEDES</SMALL> <SMALL>ANY</SMALL>
<SMALL>AND</SMALL> <SMALL>ALL</SMALL> <SMALL>PRIOR</SMALL> <SMALL>AGREEMENTS</SMALL> <SMALL>OR</SMALL> <SMALL>UNDERSTANDINGS</SMALL> <SMALL>WITH</SMALL> <SMALL>REGARD</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>MATTERS</SMALL>
<SMALL>COVERED</SMALL> <SMALL>HEREIN</SMALL>, <SMALL>AND</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>BINDING</SMALL> <SMALL>UPON</SMALL> <SMALL>AND</SMALL> <SMALL>SERVE</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>BENEFIT</SMALL>
<SMALL>OF</SMALL> <SMALL>AND</SMALL> <SMALL>BE</SMALL> <SMALL>ENFORCEABLE</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>AND</SMALL> <SMALL>ITS</SMALL> <SMALL>SUCCESSORS</SMALL> <SMALL>AND</SMALL> <SMALL>ASSIGNS</SMALL>;
<SMALL>PROVIDED</SMALL>, <SMALL>HOWEVER</SMALL>, <SMALL>THAT</SMALL> <SMALL>NOTHING</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SUPERSEDES</SMALL> <SMALL>ANY</SMALL> <SMALL>EXISTING</SMALL> <SMALL>AGREEMENTS</SMALL>
<SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>PART</SMALL> <SMALL>OF</SMALL> E<SMALL>MPLOYEE</SMALL> <SMALL>RELATED</SMALL> <SMALL>TO</SMALL> C<SMALL>ONFIDENTIALITY</SMALL>, N<SMALL>ON</SMALL>-S<SMALL>OLICITATION</SMALL>,
N<SMALL>ON</SMALL>-C<SMALL>OMPETITION</SMALL>, A<SMALL>SSIGNMENT</SMALL> <SMALL>OF</SMALL> I<SMALL>NVENTIONS</SMALL>, W<SMALL>ORK</SMALL> P<SMALL>RODUCT</SMALL>, <SMALL>AND</SMALL>/<SMALL>OR</SMALL> <SMALL>LIMITATIONS</SMALL> <SMALL>ON</SMALL>
<SMALL>THE</SMALL> <SMALL>USE</SMALL> <SMALL>OF</SMALL> I<SMALL>NTELLECTUAL</SMALL> P<SMALL>ROPERTY</SMALL>, <SMALL>PROVIDED</SMALL> <SMALL>THAT</SMALL> <SMALL>ANY</SMALL> <SMALL>INCONSISTENCY</SMALL> <SMALL>BETWEEN</SMALL> <SMALL>ANY</SMALL>
<SMALL>SUCH</SMALL> <SMALL>PREEXISTING</SMALL> <SMALL>AGREEMENT</SMALL> <SMALL>AND</SMALL> S<SMALL>ECTIONS</SMALL> 5 <SMALL>THROUGH</SMALL> 9 <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL>
<SMALL>RESOLVED</SMALL> <SMALL>BY</SMALL> <SMALL>ENFORCING</SMALL> <SMALL>THE</SMALL> <SMALL>APPLICABLE</SMALL> <SMALL>PROVISION</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>.</B> </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">20. <B>N<SMALL>O</SMALL> W<SMALL>AIVER</SMALL>. A<SMALL>NY</SMALL> <SMALL>FAILURE</SMALL> <SMALL>BY</SMALL>
<SMALL>ANY</SMALL> <SMALL>PARTY</SMALL> <SMALL>TO</SMALL> <SMALL>ENFORCE</SMALL> <SMALL>ANY</SMALL> <SMALL>OF</SMALL> <SMALL>THEIR</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>AND</SMALL> <SMALL>PRIVILEGES</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL>
A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL> <SMALL>DEEMED</SMALL> <SMALL>TO</SMALL> <SMALL>CONSTITUTE</SMALL> <SMALL>WAIVER</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>AND</SMALL>
<SMALL>PRIVILEGES</SMALL> <SMALL>CONTAINED</SMALL> <SMALL>HEREIN</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">21. <B>F<SMALL>ULL</SMALL> <SMALL>AND</SMALL>
K<SMALL>NOWING</SMALL> W<SMALL>AIVER</SMALL>. B<SMALL>Y</SMALL> <SMALL>SIGNING</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, E<SMALL>XECUTIVE</SMALL> <SMALL>CERTIFIES</SMALL> <SMALL>THAT</SMALL>:</B> </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>HE</SMALL> <SMALL>HAS</SMALL> <SMALL>CAREFULLY</SMALL> <SMALL>READ</SMALL> <SMALL>AND</SMALL> <SMALL>FULLY</SMALL> <SMALL>UNDERSTANDS</SMALL>
<SMALL>THE</SMALL> <SMALL>PROVISIONS</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>;</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>HE</SMALL> <SMALL>WAS</SMALL> <SMALL>ADVISED</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>IN</SMALL> <SMALL>WRITING</SMALL>,
<SMALL>VIA</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>TO</SMALL> <SMALL>CONSULT</SMALL> <SMALL>WITH</SMALL> <SMALL>AN</SMALL> <SMALL>ATTORNEY</SMALL> <SMALL>BEFORE</SMALL> <SMALL>SIGNING</SMALL> <SMALL>THIS</SMALL>
A<SMALL>GREEMENT</SMALL>;</B> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>THAT</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>DOES</SMALL> <SMALL>NOT</SMALL> <SMALL>CONSTITUTE</SMALL> <SMALL>AN</SMALL>
<SMALL>ADMISSION</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>LIABILITY</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>PART</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL>
<SMALL>RESPECT</SMALL>; <SMALL>AND</SMALL></B><SMALL></SMALL> </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><SMALL>HE</SMALL> <SMALL>AGREES</SMALL> <SMALL>TO</SMALL> <SMALL>ITS</SMALL> <SMALL>TERMS</SMALL> <SMALL>KNOWINGLY</SMALL>, <SMALL>VOLUNTARILY</SMALL>
<SMALL>AND</SMALL> <SMALL>WITHOUT</SMALL> <SMALL>INTIMIDATION</SMALL>, <SMALL>COERCION</SMALL> <SMALL>OR</SMALL> <SMALL>PRESSURE</SMALL>.</B> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">IN WITNESS WHEREOF the undersigned hereunto set their hands to this Agreement on the dates written below. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kevin G. Hostetler</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(&#147;Executive&#148;)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IDEX Services Corporation</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">(&#147;<B>Company</B>&#148;)</FONT></P></TD></TR>
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<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
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<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
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<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
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<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Frank Notaro</FONT></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date:</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
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<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Its:</FONT></TD>
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<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President, General Counsel and Secretary</FONT></TD></TR>
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<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date:</FONT></TD>
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<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit A </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>RELEASE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In exchange for the payments of Base Severance, Enhanced
Severance, and additional benefits that I will receive (less applicable deductions and withholdings) under a Transition Services and Separation Agreement between myself and IDEX Services Corporation (the &#147;Company&#148;) (a subsidiary of IDEX
Corporation, a Delaware corporation with its headquarters at 1925 West Field Court, Suite 200, Lake Forest, Illinois 60045 (&#147;IDEX&#148;)), dated February&nbsp;14, 2012 (the &#147;Separation Agreement&#148;), I, <B>Kevin G. Hostetler</B>, for
myself and for my heirs, executors, successors and assigns (collectively, the &#147;Releasors&#148;) hereby release, waive, and forever discharge the Company, IDEX, their agents, subsidiaries, affiliates, employees, officers, shareholders,
attorneys, successors, and assigns (collectively the &#147;Company Releasees&#148;) from any and all claims of any kind whatsoever, whether known or unknown at this time, arising out of or connected with, my employment with the Company and IDEX and
the termination of my employment, including, but not limited to, all matters in law, in equity, in contract (oral or written, express or implied) or in tort, or pursuant to statute, from the beginning of time through the date of this Agreement. It
is the understanding and agreement of the parties that the release provided for by this paragraph shall be a general release in all respects. This release does not apply to any claim that as a matter of law cannot be released. This Release includes
but not limited to any and all claims: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <B><SMALL>ARISING</SMALL> <SMALL>FROM</SMALL> <SMALL>MY</SMALL>
<SMALL>EMPLOYMENT</SMALL>, <SMALL>PAY</SMALL>, <SMALL>BONUSES</SMALL>, <SMALL>EMPLOYEE</SMALL> <SMALL>BENEFITS</SMALL> (<SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>BENEFITS</SMALL> <SMALL>TO</SMALL> <SMALL>WHICH</SMALL> I <SMALL>AM</SMALL>
<SMALL>ENTITLED</SMALL> <SMALL>UNDER</SMALL> <SMALL>APPLICABLE</SMALL> <SMALL>PLAN</SMALL> <SMALL>DOCUMENTS</SMALL>), <SMALL>AND</SMALL> <SMALL>OTHER</SMALL> <SMALL>TERMS</SMALL> <SMALL>AND</SMALL> <SMALL>CONDITIONS</SMALL> <SMALL>OF</SMALL>
<SMALL>EMPLOYMENT</SMALL> <SMALL>OR</SMALL> <SMALL>EMPLOYMENT</SMALL> <SMALL>PRACTICES</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> R<SMALL>ELEASEES</SMALL>;</B> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <B><SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>TERMINATION</SMALL> <SMALL>OF</SMALL> <SMALL>MY</SMALL>
<SMALL>EMPLOYMENT</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> R<SMALL>ELEASEES</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> <SMALL>SURROUNDING</SMALL> <SMALL>CIRCUMSTANCES</SMALL> <SMALL>THEREOF</SMALL>;</B> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) <B><SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>PAYMENT</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL>
<SMALL>ATTORNEYS</SMALL>&#146; <SMALL>FEES</SMALL> <SMALL>OF</SMALL> <SMALL>MINE</SMALL>;</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) <B><SMALL>BASED</SMALL>
<SMALL>ON</SMALL> <SMALL>DISCRIMINATION</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>BASIS</SMALL> <SMALL>OF</SMALL> <SMALL>RACE</SMALL>, <SMALL>COLOR</SMALL>, <SMALL>RELIGION</SMALL>, <SMALL>SEX</SMALL>, <SMALL>NATIONAL</SMALL>
<SMALL>ORIGIN</SMALL>, <SMALL>HANDICAP</SMALL>, <SMALL>DISABILITY</SMALL>, <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>CATEGORY</SMALL> <SMALL>PROTECTED</SMALL> <SMALL>BY</SMALL> <SMALL>LAW</SMALL> <SMALL>UNDER</SMALL>
T<SMALL>ITLE</SMALL> VII <SMALL>OF</SMALL> <SMALL>THE</SMALL> C<SMALL>IVIL</SMALL> R<SMALL>IGHTS</SMALL> A<SMALL>CT</SMALL> <SMALL>OF</SMALL> 1964, <SMALL>THE</SMALL> C<SMALL>IVIL</SMALL> R<SMALL>IGHTS</SMALL> A<SMALL>CT</SMALL> <SMALL>OF</SMALL>
1991, 42 USC &#167; 1981, E<SMALL>XECUTIVE</SMALL> O<SMALL>RDER</SMALL> 11246, <SMALL>THE</SMALL> E<SMALL>QUAL</SMALL> P<SMALL>AY</SMALL> A<SMALL>CT</SMALL>, <SMALL>THE</SMALL> A<SMALL>MERICANS</SMALL> W<SMALL>ITH</SMALL> D<SMALL>ISABILITIES</SMALL>
A<SMALL>CT</SMALL>, <SMALL>THE</SMALL> R<SMALL>EHABILITATION</SMALL> A<SMALL>CT</SMALL> <SMALL>OF</SMALL> 1973, <SMALL>THE</SMALL> C<SMALL>ONSOLIDATED</SMALL> O<SMALL>MNIBUS</SMALL> B<SMALL>UDGET</SMALL> R<SMALL>ECONCILIATION</SMALL>
A<SMALL>CT</SMALL> <SMALL>OF</SMALL> 1985, <SMALL>THE</SMALL> F<SMALL>AMILY</SMALL> <SMALL>AND</SMALL> M<SMALL>EDICAL</SMALL> L<SMALL>EAVE</SMALL> A<SMALL>CT</SMALL>, <SMALL>THE</SMALL> I<SMALL>LLINOIS</SMALL> H<SMALL>UMAN</SMALL>
R<SMALL>IGHTS</SMALL> A<SMALL>CT</SMALL>, S<SMALL>TATE</SMALL> F<SMALL>AIR</SMALL> E<SMALL>MPLOYMENT</SMALL> P<SMALL>RACTICES</SMALL> <SMALL>LAWS</SMALL>, (<SMALL>AS</SMALL> <SMALL>ANY</SMALL> <SMALL>OF</SMALL> <SMALL>THESE</SMALL>
<SMALL>LAWS</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>BEEN</SMALL> <SMALL>AMENDED</SMALL>) <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>SIMILAR</SMALL> <SMALL>FEDERAL</SMALL>, <SMALL>STATE</SMALL> <SMALL>AND</SMALL>
<SMALL>LOCAL</SMALL> <SMALL>LABOR</SMALL>, <SMALL>EMPLOYMENT</SMALL> <SMALL>OR</SMALL> <SMALL>ANTI</SMALL>-<SMALL>DISCRIMINATION</SMALL> <SMALL>LAWS</SMALL>;</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(e) <B><SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>ANY</SMALL> <SMALL>CONTRACT</SMALL>, <SMALL>TORT</SMALL>, <SMALL>WHISTLEBLOWER</SMALL>, <SMALL>PERSONAL</SMALL> <SMALL>INJURY</SMALL>,
<SMALL>OR</SMALL> <SMALL>WRONGFUL</SMALL> <SMALL>DISCHARGE</SMALL> <SMALL>THEORY</SMALL>; <SMALL>AND</SMALL></B><SMALL></SMALL> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(f) <B><SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>FEDERAL</SMALL>, <SMALL>STATE</SMALL>
<SMALL>OR</SMALL> <SMALL>LOCAL</SMALL> <SMALL>CONSTITUTION</SMALL>, <SMALL>REGULATION</SMALL>, <SMALL>LAW</SMALL> (<SMALL>STATUTORY</SMALL> <SMALL>OR</SMALL> <SMALL>COMMON</SMALL>), <SMALL>OR</SMALL> <SMALL>LEGAL</SMALL> <SMALL>THEORY</SMALL>.</B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Release of Any Age Discrimination Claims</B>. In compliance with the requirements of the Age Discrimination in Employment
Act (ADEA), as amended by the Older Workers&#146; Benefit Protection Act (OWBPA), I hereby acknowledge by my signature below that, with respect to the rights and claims waived and released under the ADEA and OWBPA: </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <B>I <SMALL>HAVE</SMALL> <SMALL>READ</SMALL> <SMALL>AND</SMALL> <SMALL>UNDERSTOOD</SMALL> <SMALL>THIS</SMALL>
R<SMALL>ELEASE</SMALL>;</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <B>I <SMALL>WAS</SMALL> <SMALL>GIVEN</SMALL> <SMALL>AT</SMALL> <SMALL>LEAST</SMALL> 21
<SMALL>DAYS</SMALL> <SMALL>FROM</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL> <SMALL>WAS</SMALL> <SMALL>INITIALLY</SMALL> <SMALL>PRESENTED</SMALL> <SMALL>TO</SMALL> <SMALL>ACCEPT</SMALL> <SMALL>THE</SMALL>
<SMALL>TERMS</SMALL> <SMALL>OF</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL>;</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) <B>I <SMALL>WAS</SMALL>
<SMALL>ADVISED</SMALL> <SMALL>IN</SMALL> <SMALL>WRITING</SMALL>, <SMALL>VIA</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL>, <SMALL>TO</SMALL> <SMALL>CONSULT</SMALL> <SMALL>WITH</SMALL> <SMALL>AN</SMALL> <SMALL>ATTORNEY</SMALL>
<SMALL>BEFORE</SMALL> <SMALL>SIGNING</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL>;</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) <B>I <SMALL>HAVE</SMALL>
<SMALL>HAD</SMALL> <SMALL>AN</SMALL> <SMALL>OPPORTUNITY</SMALL> <SMALL>TO</SMALL> <SMALL>CONSULT</SMALL> <SMALL>WITH</SMALL> <SMALL>AN</SMALL> <SMALL>ATTORNEY</SMALL> <SMALL>BEFORE</SMALL> <SMALL>SIGNING</SMALL> <SMALL>THIS</SMALL>
R<SMALL>ELEASE</SMALL>;</B> </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(e) <B>I <SMALL>AM</SMALL> <SMALL>BEING</SMALL> <SMALL>GIVEN</SMALL>
<SMALL>CONSIDERATION</SMALL>, <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>GREATER</SMALL> <SMALL>THAN</SMALL> I <SMALL>AM</SMALL> <SMALL>LEGALLY</SMALL> <SMALL>ENTITLED</SMALL>;</B> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(f) <B>I <SMALL>AM</SMALL> <SMALL>IS</SMALL> <SMALL>RELEASING</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> R<SMALL>ELEASEES</SMALL>
<SMALL>FROM</SMALL>, <SMALL>AMONG</SMALL> <SMALL>OTHER</SMALL> <SMALL>THINGS</SMALL>, <SMALL>ANY</SMALL> <SMALL>CLAIMS</SMALL> <SMALL>OF</SMALL> <SMALL>AGE</SMALL> <SMALL>DISCRIMINATION</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> ADEA
<SMALL>OR</SMALL> OWBPA; <SMALL>AND</SMALL></B><SMALL></SMALL> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(g) <B>I <SMALL>UNDERSTAND</SMALL> <SMALL>THAT</SMALL>
<SMALL>THE</SMALL> <SMALL>RELEASE</SMALL> <SMALL>OF</SMALL> <SMALL>AGE</SMALL> <SMALL>DISCRIMINATION</SMALL> <SMALL>CLAIMS</SMALL> <SMALL>CONTAINED</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL> <SMALL>DOES</SMALL>
<SMALL>NOT</SMALL> <SMALL>COVER</SMALL> <SMALL>ANY</SMALL> <SMALL>RIGHTS</SMALL> <SMALL>OR</SMALL> <SMALL>CLAIMS</SMALL> <SMALL>THAT</SMALL> <SMALL>MAY</SMALL> <SMALL>ARISE</SMALL> <SMALL>AFTER</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL>
<SMALL>OF</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL> <SMALL>AGAINST</SMALL> <SMALL>THE</SMALL> C<SMALL>OMPANY</SMALL> R<SMALL>ELEASEES</SMALL>.</B> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Revocation of Age Release</B>. I acknowledge that I am aware that I may revoke the portion of this Release relating to release of age discrimination claims covered by the ADEA or OWBPA within seven
(7)&nbsp;calendar days after signing it. To be effective, such revocation must be received in writing by Frank Notaro, Vice President, General Counsel and Secretary, IDEX Corporation, 1925 West Field Court, Lake Forest, Illinois 60045. Revocation
can be made by hand delivery, telegram, facsimile, or postmarking before the expiration date of this seven (7)&nbsp;day period. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Promise Not to Sue or Accept Recovery</B>. I promise not to sue the Company Releasees or any party released herein on account of any
claim released in this Release. Other than unemployment benefits, I further promise not to accept, recover or receive any monetary damages or any other form of relief which may arise out of or in connection with any administrative remedies which may
be filed with or pursued independently by any governmental agency or agencies, whether federal, state or local, and not to voluntarily assist any individual or entity in connection with any administrative charges, investigations, actions, lawsuits
or remedies which may be filed against the Company Releasees. I hereby waive the right to seek information or conduct discovery in any future disputes regarding the settlement and past conduct. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">As of the date I have signed this Release, I have not filed any charge, complaint, or lawsuit over any claim(s) referred to in this
Release. While I understand that the law permits, and that I am not foreclosed from filing an agency charge, should any such charge or action be filed by me or on my behalf involving matters covered by this Release, I agree to promptly give the
agency or court having jurisdiction a copy of this Release and inform it that any individual claims I might otherwise have had have been settled. I agrees not to file any other lawsuit at any time over any claims released in this Release, provided,
however, that this Release does not prevent me from filing a lawsuit challenging whether this Release is itself legal under the requirements of the ADEA and the OWBPA. Should I file such a suit and lose, I understand that I will be personally liable
for any of my own legal fees and costs. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>R<SMALL>EPRESENTATIONS</SMALL>. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <B>I <SMALL>REPRESENTS</SMALL> <SMALL>THAT</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL> I
<SMALL>SIGN</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL>, I <SMALL>HAVE</SMALL> <SMALL>NO</SMALL> <SMALL>PREVIOUSLY</SMALL> <SMALL>UNDISCLOSED</SMALL> <SMALL>WORK</SMALL> <SMALL>RELATED</SMALL> <SMALL>INJURIES</SMALL> <SMALL>TO</SMALL>
<SMALL>THE</SMALL> <SMALL>BEST</SMALL> <SMALL>OF</SMALL> <SMALL>MY</SMALL> <SMALL>KNOWLEDGE</SMALL>.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <B>I
<SMALL>FURTHER</SMALL> <SMALL>REPRESENTS</SMALL> <SMALL>THAT</SMALL> <SMALL>AS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>DATE</SMALL> I <SMALL>SIGN</SMALL> <SMALL>THIS</SMALL> R<SMALL>ELEASE</SMALL>, I <SMALL>HAVE</SMALL>
<SMALL>RECEIVED</SMALL> <SMALL>ALL</SMALL> <SMALL>WAGES</SMALL> <SMALL>AND</SMALL> <SMALL>COMPENSATIONS</SMALL> <SMALL>TO</SMALL> <SMALL>WHICH</SMALL> I <SMALL>AM</SMALL> <SMALL>ENTITLED</SMALL>.</B> </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>M<SMALL>ISCELLANEOUS</SMALL>. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">This Release shall be construed, interpreted and applied in accordance with the internal laws of the State of Illinois without regard to the principle of conflicts of laws. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any term or provision of this Release that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity
or enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction. If the final judgment of a court of competent jurisdiction
declares that any term or provision hereof is invalid or unenforceable, I agree that the court making such determination shall have the power to limit the term or provision, to delete specific words or phrases, or to replace any invalid or
unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Release shall be enforceable as so modified. In the
event such court does not exercise the power granted to it in the prior sentence, I agree to replace such invalid or unenforceable term or provision with a valid and enforceable term or provision that will achieve, to the extent possible, the
economic, business and other purposes of such invalid or unenforceable term. </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This Release inures to the benefit of the Company, IDEX Corporation, and its successors and
assigns. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dated:</FONT></TD>
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<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Kevin G. Hostetler</B></FONT></TD>
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