EX-10.2
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April 24, 2017
Eric D. Ashleman
c/o IDEX Corporation
1925 West Field Court, Suite 200,
Lake Forest, IL 60045-4824

Re: Amendment of Letter Agreement Dated February 12, 2014

Dear Eric:

This letter agreement will confirm an amendment to the letter agreement (“Letter
Agreement”) dated February 12, 2014 between you and IDEX Corporation (“IDEX”).

The Letter Agreement is amended by deleting the fourth bullet point provisions,
which provide for payments due to you if your employment with IDEX is terminated
without cause, and such provisions will no longer be in effect.

You and IDEX hereby agree to the addition of the following provisions to the
Letter Agreement:

•
If, in the future, your employment with IDEX Corporation is terminated, without
cause (“cause” defined as willful misconduct or fraudulent behavior), IDEX will
pay you twelve (12) months base salary at the then current monthly base rate
plus your targeted annual incentive bonus in exchange for you signing, and not
revoking, an IDEX-standard Severance Agreement & General Release Agreement.
These payments are subject to tax withholdings and deductions. Such benefit will
not be applicable in the event of your voluntary termination.

Please indicate your acceptance of these provisions below.

Best regards,

/s/ JEFFREY D. BUCKLEW

Jeffrey D. Bucklew
SVP, Chief Human Resources Officer
IDEX Corporation
1925 West Field Court
Suite 200
Lake Forest, IL 60045

April 24, 2017
 
/s/ ERIC D. ASHLEMAN
Date
 
Acceptance of Provisions
 
 
Eric D. Ashleman