Exhibit 10.1(vii)

AMENDMENT NO. 6

TO THE

ECOLAB EXECUTIVE DEATH BENEFITS PLAN

(As Amended and Restated effective March 1, 1994)

WHEREAS, Ecolab Inc. (the “Company”) has established and currently maintains the
Ecolab Executive Death Benefits Plan (As Amended and Restated effective as of
March 1, 1994) and as subsequently amended (the “Plan”); and

WHEREAS, the Company desires to amend the Plan to clarify the definition of
earnings used to determine death benefits under the Plan, and to clarify the
death benefit, for Executives for whom a life insurance policy has been procured
to assist with funding the death benefits under the Plan.

NOW, THEREFORE, pursuant to Section 5.1 of the Ecolab Inc. Administrative
Document for Non-Qualified Benefit Plans (the “Administrative Document”) and
subject to Section 1.3 of the Plan, the Company hereby amends the Plan as set
forth below. Words used herein with initial capital letters that are defined in
the Plan or the Administrative Document are used herein as so defined.

1.       Effective for purposes of determining Annual Compensation on and after
January 1, 2017, a new Section 2.9 is added to the Plan:

“Section 2.9 “Annual Compensation” for an Executive for whom an EBUL Policy is
maintained shall mean the sum of the Executive’s base salary and targeted annual
incentive bonus at plan performance (but not long-term incentive bonuses)
approved by the Compensation Committee of the Board of Directors of the Company
prior to the most recent EBUL Policy underwriting or annual renewal date. Annual
Compensation for an Executive for whom an EBUL Policy is not maintained shall be
as defined in the Administrative Document.”

2.       Effective for purposes of determining death benefits on and after
January 1, 2017, Subsection (2)(a) of Section 3.2 of the Plan is amended by the
addition of the following sentence:

“Provided, however, that in lieu of the benefit described in the preceding
sentence, the Death Beneficiary of a deceased Executive who is covered by the
provisions of this Section 3.2 and who is also covered by an EBUL Policy at
death shall be entitled to receive a lump sum Executive Death Benefit in an
amount equal to the lesser of (i) nine million dollars ($9,000,000) or (ii)
three hundred percent (300%) of the Executive’s Annual Compensation.”

IN WITNESS WHEREOF, Ecolab Inc. has executed this Amendment No. 6 this 23rd day
of June, 2017.

 

 

 

ECOLAB INC.

 

/s/ Douglas M. Baker, Jr

Attest:

/s/ David F. Duvick

Douglas M. Baker, Jr.

Chief Executive Officer

 

 

David F. Duvick
Assistant Secretary

 

 

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