SEPARATION AGREEMENT AND RELEASE
THIS SEPARATION AGREEMENT AND RELEASE ("Agreement") is made and entered into by and
between George Danko ("Danko") and Pentair, Inc. ("Pentair").
1. Consideration. In consideration for the mutual promises and the payments to Danko as set forth herein, Danko
hereby acknowledges the full, complete, and final settlement of any and all claims, actions, causes of action or
costs, including attorneys' fees, which he might have against Pentair. In exchange, Pentair hereby acknowledges
the full, complete, and final settlement of any and all claims, actions, causes of action or costs, including attorneys'
fees which it might have against Danko.
2. Discharge of Claims. Danko, on behalf of himself, his agents, representatives, attorneys, assignees, heirs,
executors, and administrators ("Releasor"), hereby releases and forever discharges Pentair, and all past and
present employees, agents, insurers, officials, officers, directors, divisions, parents, subsidiaries and successors
thereof ("Releasees") from any and all claims and causes of action of any type arising, or which may have arisen,
out of or in connection with his employment or the termination of his employment with Pentair, including but not
limited to claims, demands or actions arising under the Federal Fair Labor Standards Act, the Age Discrimination
in Employment Act of 1967, 29 U.S.C. [sec] 626, as amended by Public Law 101.433 (1990) (the "Older
Workers Benefit Protection Act"), Title VII of the Civil Rights Act of 1964, 42 U.S.C. [sec] 2000e, et seq., the
Americans with Disabilities Act, 29 U.S.C. [sec] 2101, et seq., the Family
Medical Leave Act, the Minnesota Human Rights Act, Minn. Stat. [sec] 363.01, et
seq., any other federal, state or local statute, ordinance, regulation or order
regarding employment, compensation for employment, termination of employment, or discrimination in
employment, and the common law of any state.
Releasor further understands that this discharge of cla