Document:

Receivables Sale Agreement

 EXHIBIT 10.14 
 SIXTEENTH AMENDMENT 
 Dated as of January 23, 2009

 to 
 RECEIVABLES SALE AGREEMENT 
 Dated as of December 21, 2001

 THIS SIXTEENTH AMENDMENT (the “Amendment”), dated as of January 23,
2009, is entered into among PerkinElmer Receivables Company, as Seller (the “Seller”), PerkinElmer, Inc., as Initial Collection Agent (the “Initial Collection Agent,” and together with any successor thereto, the
“Collection Agent”), the committed purchasers party thereto (the “Committed Purchasers”), Windmill Funding Corporation (“Windmill” and together with the Committed Purchasers, the
“Purchaser”), and The Royal Bank of Scotland plc (successor to ABN AMRO Bank N.V.), as agent for the Purchasers (the “Agent”) 
 WITNESSETH: 
 WHEREAS, the Seller, the Initial Collection Agent, the
Agent, the Committed Purchasers and Windmill have heretofore executed and delivered a Receivables Sale Agreement, dated as of December 21, 2001 (as amended, supplemented or otherwise modified through the date hereof, the “Sale
Agreement”), 
 WHEREAS, the parties hereto desire to amend the Sale Agreement as provided herein; 
 NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties
hereto hereby agree that the Sale Agreement shall be and is hereby amended as follows: 
  

	SECTION	1. AMENDMENT 

 Upon execution by the parties
hereto in the space provided for that purpose below, the Sale Agreement shall be, and is hereby, amended as follows: 
 (a)
The defined term “Dilution Ratio” appearing in Schedule I of the Sale Agreement is hereby amended in its entirety and as so amended shall read as follows: 
 “Dilution Ratio” means, for any Settlement Period, a fraction (expressed as a percentage), the numerator of which is the
total amount of Dilutions during such Settlement Period, and the denominator of which is the amount of Credit Sales generated during the Dilution Horizon. 
 (b) Clause (B) of the defined term “Dilution Reserve” appearing in Schedule I of the Sale Agreement is hereby amended in its entirety and as so amended shall read as follows: 
 (B) the highest three-month rolling average Dilution Ratio for the past twelve Settlement Periods. 

 (c) The defined term “Dilution Reserve Multiple” appearing in Schedule I
of the Sale Agreement is hereby amended in its entirety and as so amended shall read as follows: 
 “Dilution Reserve
Multiple” shall mean 4.0x. 
 (d) The defined term “Foreign Obligor” appearing in Schedule I of the
Sale Agreement is hereby amended in its entirety and as so amended shall read as follows: 
 “Foreign
Obligor” means any Obligor that is a resident of a country that (x) is a member of the Organization of Economic Cooperation & Development and (y) has a long-term country risk rating of not less than A by S&P and A2 by
Moody’s. 
 (e) The defined term “Liquidity Termination Date” appearing in Schedule I to the Sale
Agreement is hereby amended by deleting the date “January 23, 2009” appearing in clause (d) thereof and inserting in its place the date “February 27, 2009.” 
 (f) The defined term “Loss Reserve Multiple” appearing in Schedule I of the Sale Agreement is hereby amended in its
entirety and as so amended shall read as follows: 
 “Loss Reserve Multiple” shall mean 2.5x. 
 (g) Clauses (ii) and (iii) of the defined term “Obligor Concentration Limit” appearing in Schedule I of the
Sale Agreement are hereby amended in their entireties and as so amended shall read as follows: 
 (ii) the Obligor
Concentration Limit for all Federal Government Obligors in the aggregate shall be an amount equal to 10% of the Eligible Receivables Balance, provided, however, the Parent maintains a long-term unsecured debt rating of at least BBB- by
S&P and Baa3 by Moody’s, and (iii) the Obligor Concentration Limit for all Foreign Obligors in the aggregate shall be an amount equal to 10% of the Eligible Receivables Balance, provided, however, the Parent maintains a
long-term unsecured debt rating of at least BBB- by S&P and Baa3 by Moody’s. 
 (h) Clause (f) of the defined
term “Termination Event” appearing in Schedule I of the Sale Agreement is hereby amended in its entirety and as so amended shall read as follows: 
 (f) the average Delinquency Ratio for the three most recent Settlement Periods exceeds 10%, the average Default Ratio for the three most
recent Settlement Periods exceeds 6%, the average Dilution Ratio for the three most recent 
  

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Settlement Periods exceeds 6% (provided, however, that for the Settlement Period ending on January 31, 2009, the average Dilution Ratio for the
three most recent Settlement Periods may exceed 6%), the Charge-Off Ratio for the most recent Settlement Periods exceeds 2% or the average Turnover Ratio for the three most recent Settlement Periods exceeds 90 days; or 
 (i) The following new defined terms are hereby added to Schedule I of the Sale Agreement in the appropriate alphabetical order:

 “Credit Sales” means, for any period of determination, the aggregate amount of trade receivables with
credit terms of any kind originated by the Originator during such period. 
 “Dilution Horizon” means, for
any Settlement Period, the calendar month ending immediately prior to the beginning of such Settlement Period. 
 Section 2. This
Amendment shall become effective only once the Agent has received (i) this Amendment duly executed by the Seller, the Initial Collection Agent, and the Purchasers, (ii) the duly executed Guarantor’s Acknowledgment and Consent and (iii) the
Seventh Amendment to Fee Letter. 
 Section 3. The Seller hereby agrees that on or prior to February 27, 2009 it shall
deliver to the Agent executed Lock-Box Agreements substantially in the form attached hereto as Exhibit A and in any event in form and substance satisfactory to the Agent, for each Lock-Box Account set forth on Exhibit B. 
 Section 4. To induce the Agent and the Purchasers to enter into this Amendment, the Seller and Initial Collection Agent represent and warrant
to the Agent and the Purchasers that: (a) the representations and warranties contained in the Transaction Documents, are true and correct in all material respects as of the date hereof with the same effect as though made on the date hereof (it
being understood and agreed that any representation or warranty which by its terms is made as of a specified date shall be required to be true and correct in all material respects only as of such specified date); (b) no Potential Termination
Event exists; (c) this Amendment has been duly authorized by all necessary corporate proceedings and duly executed and delivered by each of the Seller and the Initial Collection Agent, and the Sale Agreement, as amended by this Amendment, and
each of the other Transaction Documents are the legal, valid and binding obligations of the Seller and the Initial Collection Agent, enforceable against the Seller and the Initial Collection Agent in accordance with their respective terms, except as
enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights or by general principles of equity; and (d) no consent, approval, authorization, order,
registration or qualification with any governmental authority is required for, and in the absence of which would adversely effect, the legal and valid execution and delivery or performance by the Seller or the Initial Collection Agent of this
Amendment or the performance by the Seller or the Initial Collection Agent of the Sale Agreement, as amended by this Amendment, or any other Transaction Document to which they are a party. 
  

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 Section 5. This Amendment may be executed in any number of counterparts and by the different
parties on separate counterparts and each such counterpart shall be deemed to be an original, but all such counterparts shall together constitute but one and the same Amendment. 
 Section 6. The Seller hereby agrees to pay to the Agent all reasonable rating agency, accounting and other administrative expenses of the
Agent and the Committed Purchasers in each case in connection with the transactions contemplated by this Amendment and the legal fees of Chapman and Cutler LLP. 
 Section 7. Except as specifically provided above, the Sale Agreement and the other Transaction Documents shall remain in full force and effect and are hereby ratified and confirmed in all respects. The
execution, delivery, and effectiveness of this Amendment shall not operate as a waiver of any right, power, or remedy of any Agent or any Purchaser under the Sale Agreement or any of the other Transaction Documents, nor constitute a waiver or
modification of any provision of any of the other Transaction Documents. All defined terms used herein and not defined herein shall have the same meaning herein as in the Sale Agreement. The Seller agrees to pay on demand all costs and expenses
(including reasonable fees and expenses of counsel) of or incurred by the Agent and each Purchaser Agent in connection with the negotiation, preparation, execution and delivery of this Amendment and the other documents related hereto. 
 Section 8. This Amendment and the rights and obligations of the parties hereunder shall be construed in accordance with and be governed by
the law of the State of Illinois. 
  

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 IN WITNESS WHEREOF, the parties have caused this Amendment
to be executed and delivered by their duly authorized officers as of the date first above written. 
  

			
	THE ROYAL BANK OF SCOTLAND PLC
		
	By:	 	GREENWICH CAPITAL MARKETS, INC., as agent
		
	By:	 	 /s/ David Viney

	Name:	 	 David Viney

	Title:	 	 Managing Director

		
	Address:	 	c/o ABN AMRO Bank N.V.
		 	540 West Madison Street
		 	27th Floor
		 	Chicago, Illinois 60661
		 	Attention: Agent
		 	Telephone: (312) 338-3491
		 	Telecopy: (312) 338-0140

 Signature Page to 
 Sixteenth Amendment to Receivables Sale Agreement 

			
	WINDMILL FUNDING CORPORATION
		
	By:	 	 /s/ Jill A. Russo

	Name:	 	 Jill A. Russo

	Title:	 	 Vice President

		
	Address:	 	
	
	c/o Global Securitization Services, LLC
	68 South Service Road
	Suite 120
	Melville, New York 11747
	Attention: Frank B. Bilotta
	Telephone: (212) 302-5151
	Telecopy: (212) 302-8767
	
	With a copy to:
	
	The Royal Bank of Scotland plc
	Greenwich Capital Markets, Inc., as agent
	c/o ABN AMRO Bank N.V.
	540 West Madison Street
	27th Floor
	Chicago, Illinois 60661
	Attention: Windmill Administrator
	Telephone: (312)338-3491
	Telecopy: (312) 338-0140

 Signature Page to 
 Sixteenth Amendment to Receivables Sale Agreement 

			
	PERKINELMER RECEIVABLES COMPANY
		
	By:	 	 /s/ John L. Healy

	Title:	 	John L. Healy, President
	
	PERKINELMER, INC.
		
	By:	 	 /s/ David C. Francisco

	Title:	 	David C. Francisco, Treasurer

 Signature Page to 
 Sixteenth Amendment to Receivables Sale Agreement 

 GUARANTOR’S ACKNOWLEDGMENT AND
CONSENT 
 The undersigned, PerkinElmer, Inc., has heretofore executed and delivered the Limited Guaranty dated as of
December21, 2001 (the “Guaranty”) and hereby consents to the Amendment to the Sale Agreement as set forth above and confirms that the Guaranty and all of the undersigned’s obligations thereunder remain in full force and effect.
The undersigned further agrees that the consent of the undersigned to any further amendments to the Sale Agreement shall not be required as a result of this consent having been obtained, except to the extent, if any, required by the Guaranty
referred to above. 
  

			
	PERKINELMER, INC.
		
	By:	 	 /s/ David C. Francisco

	Title:	 	David C. Francisco, Treasurer

 EXHIBIT A 
 FORM OF LOCK BOX LETTER 
                     , 20     
 Bank of America N.A. 
 Attn: Brian Dewey, 
 Vice President Global Treasury Services 
 335 Madison Avenue 
 New York, NY 10017 
 Ladies and Gentlemen: 
 Reference is made to the lock-box addresses (“Lockbox Addresses”) and the associated lock-box demand deposit account numbers (“Accounts”) listed on Exhibit A attached hereto as Exhibit A and incorporated
herein maintained with Bank of America N.A. (“Bank”) in the name of PerkinElmer Receivables Company, a Delaware Corporation (the “Seller”). The Seller hereby confirms it has sold all Receivables (as defined below)
to Agent (as defined below). 
 In connection with the Receivables Sale Agreement, dated as of December 21, 2001 (as amended,
supplemented or otherwise modified from time to time, the “Receivables Sale Agreement”), among the Seller and the Initial Collection Agent, Windmill Funding Corporation (“Windmill”), the financial institutions from
time to time party thereto (collectively, the “Committed Purchasers”), and The Royal Bank of Scotland plc (successor to ABN AMRO Bank N.V.), as agent (the “Agent”) for Windmill, (collectively, the
“Purchasers”), the Seller has assigned to the Agent for the benefit of the Purchasers an undivided percentage interest in the accounts, chattel paper, instruments or general intangibles, including but not limited to the checks and
other payment instruments, originated by Seller and sold to the Seller, (collectively the “Receivables”) under which payments are or may hereafter be made to the Accounts, and has granted to the Agent for the benefit of the
Purchasers a security interest in its retained interest in such Receivables. 
 Seller, Agent and Bank are entering into this letter
agreement (“Agreement”) to provide for the disposition of net proceeds of Receivables deposited in Seller’s Accounts maintained with Bank. Bank’s execution of this Agreement is a condition precedent to the continued
maintenance of the Accounts with Bank. 
 Seller hereby transfer exclusive dominion and control of the Accounts to the Agent, subject only to
the condition subsequent that the Agent shall have given Bank notice that a Collection Agent Replacement Event has occurred and is continuing under the Receivables Sale Agreement and of Agent’s election to assume such dominion and control,
which notice shall be in substantially the form attached hereto as Exhibit B (the “Agent’s Notice”). 

 At all times prior to the receipt of the Agent’s Notice described above, all payments to be made by
Bank out of, or in connection with the Accounts, are to be made in accordance with the instructions of Seller or its agent and Bank may permit Seller to operate and transact business through the Accounts in a normal fashion, including making
withdrawals from the Accounts. 
 Seller hereby irrevocably instructs Bank, at all times commencing within a reasonable period of time not to
exceed two Business Days from and after the date of Bank’s receipt of the Agent’s Notice as described above, to transfer by wire all available balances in the Accounts directly to the Agent in accordance with the instructions of
Agent’s Notice. “Business Day” means each Monday through Friday, excluding Bank holidays. Funds are not available if, in the reasonable determination of Bank, they are subject to a hold, dispute or legal process preventing
their withdrawal. Agent will give Bank sufficient advance written notice of any change in the instructions for Bank to act upon such changes. 
 Seller also hereby notifies Bank that, at all times commencing within a reasonable period of time not to exceed two Business Days from and after the date of Bank’s receipt of the Agent’s Notice as described above, the Agent shall
be irrevocably entitled to exercise in Seller’s place and stead any and all rights in connection with the Accounts, including, without limitation, (a) the right to specify when payments are to be made out of, or in connection with, the
Accounts and (b) the right to require preparation of duplicate monthly bank statements on the accounts for the Agent’s audit purpose and mailing of such statements directly to an address specified by the Agent. At all times commencing
within a reasonable period of time not to exceed two Business Days from and after the date of Bank’s receipt of the Agent Notice, neither Seller nor any of its affiliates shall be given any access to the Accounts. 
 The Agent’s Notice or any written notice or other written communication to be given under this Agreement may be personally served or sent by telex,
facsimile or U.S. mail, certified return receipt requested, to the address, telex or facsimile number set forth under each party’s signature to this Agreement (or to such other address, telex or facsimile number as to which a party may specify
in writing). Except as otherwise expressly provided herein, all such notices will be effective when actually received or, in the case of personal delivery, delivered. 
 By executing this Agreement, Bank acknowledges the existence of the Agent’s right to dominion and control of the Accounts and its security interest in the amounts from time to time on deposit therein and agrees
that from the date hereof the Accounts shall be maintained by Bank for the benefit of the Agent on the terms provided herein. The Accounts are to be entitled “PerkinElmer Receivables Company” and “The Royal Bank of Scotland
plc.” Except as otherwise provided in this Agreement, payments to the Accounts are to be processed in accordance with the Bank’s usual operating procedures for the handling of any Receivables, in accordance with the Bank’s
Standard Terms and Conditions attached hereto as Exhibit C and incorporated herein, except as modified by this Agreement, that are currently in effect. Bank will charge each Account for all returned Receivables on that Account. All other service
charges and other fees and charges generated in connection with the Accounts, the Lockbox Services or this Agreement shall continue to be payable by Seller under the arrangements currently in effect. Bank will follow its usual procedures in the
event the Lockbox Addresses, the Accounts or any Receivable should be or become the subject of any writ, levy, order or other similar judicial or regulatory order or process. 
  

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 By executing this Agreement, Bank (a) waives and agrees not to assert claim or endeavor to exercise,
(b) bars and estops Bank from asserting, claiming or exercising and (c) acknowledges that to the best of its knowledge, it has not heretofore received a notice, writ, order or other form of legal process from any other party asserting,
claiming or exercising, any right of set-off; banker’s lien or other purported form of claim with respect to the Accounts or any funds from time to time deposited therein. Except for Bank’s right to payment of service charges, fees and
other charges associated with the Accounts, the Lockbox Addresses and this Agreement, and to make deductions for returned items, Bank shall have no rights in the Accounts or the funds deposited therein except as permitted under this Agreement. To
the extent Bank may ever have any additional rights, Bank hereby expressly subordinates all such rights to all rights of the Agent until it has been advised in writing by Agent that all of Seller’s obligations which are secured by the
Receivables, the Lockbox Addresses and the Accounts are paid in full. Agent shall notify Bank promptly in writing upon payment in full of Seller’s obligations and this Agreement shall automatically terminate upon receipt of such notice.

 Bank may terminate this Agreement upon 30 days’ prior written notice to Seller and Agent. Seller may not terminate this Agreement or
the Lockbox Service except with the written consent of Agent and upon 30 days’ prior written notice to Bank and Agent. This Agreement may also be terminated upon written notice to Bank by the Agent stating the Receivables Sale Agreement and
this Agreement are no longer in effect. 
 Notwithstanding the immediately preceding paragraph, Bank may terminate this Agreement at any time
by written notice to Seller and Agent if either of the Seller or the Agent breaches any of the terms of this Agreement and such breach is not cured within 5 Business Days after notice has been given to Seller and Agent. Bank may also terminate this
Agreement if Seller: (i) breaches any other agreement with Bank or any agreement involving the borrowing of money or extension of credit; (ii) liquidates, dissolves, merges with or into or consolidates with another entity or sells, leases
or disposes of a substantial portion of its business or assets; (iii) terminates its business, fails generally or admits in writing its inability to pay its debt as they become due; (iv) any bankruptcy, reorganization, arrangement,
insolvency, dissolution or similar proceeding is instituted with respect to Seller; (v) Seller makes any assignment for the benefit of creditors or enters into any composition with Creditors or takes any action in furtherance of any of the
foregoing; or (vi) any material adverse change occurs in either Seller’s financial condition, results of operations or ability to perform obligations under this Agreement upon 5 Business Days notice to Seller and Agent. Seller shall
promptly give written notice to Bank of the occurrence of any of the foregoing events as it applies to it. 
 In the event that this
Agreement is terminated pursuant to the two immediately preceding paragraphs, any collected and available balances in the Accounts will be transferred in accordance with Agent’s instructions and the Lockbox Accounts will be closed. Any mail
received at the Lockbox Addresses within 60 calendar days after termination of this Agreement will be sent unopened to the address specified below for Agent or to such other address as designated in writing by Agent. Sending of the mail as described
above is Bank’s only 

  

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responsibility with respect to the mail received at the Lockbox Addresses within 60 calendar days after termination of this Agreement. Bank shall forward
mail at its standard charge in effect at the time the mail is forwarded. Seller will pay Bank such charges upon demand. 
 This Agreement
contains the entire agreement between the parties with respect to the subject matter hereof, and may not be altered, modified or amended in any respect, nor may any right, power or privilege of any party hereunder be waived or released or
discharged, except upon execution by Bank, Seller and Agent of a written instrument so providing except that Bank’s charges are subject to change by Bank upon 30 days’ prior written notice to Seller. In the event that any provision in this
Agreement is in conflict with, or inconsistent with, any provision of any other document or written or oral statement, this Agreement will exclusively govern, control and supersede all prior understandings, writings, proposals, representations and
communications, oral or written, of any party relating to the subject matter hereof. Each party agrees to take all actions reasonably requested by any other party to carry out the purposes of this Agreement or to preserve and protect the rights of
each party hereunder. 
 In the event Seller becomes subject to a voluntary or involuntary proceeding under the pursuant to Title 11, United
States Code or in the event of the commencement of any similar case under then applicable federal or state law providing for the relief of debtors or the protection of creditors by or against Seller, Bank may act as Bank deems necessary to comply
with all applicable provisions of governing statutes or if Bank is otherwise served with legal process which it in good faith believes affects funds in the Accounts, Bank may suspend disbursements from the Accounts as would otherwise be required by
the terms of this Agreement until such time as Bank receives an appropriate court order or other satisfactory assurances establishing that the funds may continue to be disbursed according to the instructions contained in this Agreement. 

If the balances in any Account is not sufficient to pay Bank for any returned Receivable, Seller agrees to pay Bank on demand any amounts due Bank
with respect to such returned check. If the balances in the Account are not sufficient to compensate Bank for any fees or charges due Bank in connection with the Lockbox Service or this Agreement, Seller agrees to pay Bank on demand the amount due
Bank. Seller will have breached this Agreement if it has not paid Bank, within 30 days after the demand, the amount due Bank. Seller hereby authorizes Bank, without prior notice, from time to time to debit any other account it may have with Bank for
the amount or amounts due Bank under this paragraph. 
 Bank will not be liable to Seller or Agent for any expense, claim, loss, damage or
cost (“Damages”) arising out of or relating to its performance under this Agreement other than those Damages which result directly from its acts or omissions constituting negligence. In no event will Bank be liable for any special,
indirect, exemplary or consequential damages, including but not limited to lost profits. Bank will be excused from failing to act or delay in acting, and no such failure or delay shall constitute a breach of this Agreement or otherwise give rise to
any liability of Bank, if (i) such failure or delay is caused by circumstances beyond Bank’s reasonable control, including but not limited to legal constraint, emergency conditions, action or inaction of governmental, civil or military
authority, fire, strike, lockout or other labor dispute, war, riot, theft, flood, earthquake or other natural disaster, breakdown of public or private or 

  

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common carrier communications or transmission facilities, equipment failure, or act, negligence or default of Seller or Agent or (ii) such failure or
delay resulted from Bank’s reasonable belief that the action would have violated any guideline, rule or regulation of any governmental authority. 
 Seller and Agent shall jointly and severally indemnify Bank against, and hold it harmless from, any and all liabilities, claims, costs, expenses and damages of any nature (including but not limited to allocated costs
of staff counsel, other reasonable attorney’s fees and any fees and expenses incurred in enforcing this Agreement) in any way arising out of or relating to disputes or legal actions concerning Bank’s provision of the Lockbox Service, this
Agreement, any Receivable or the Lockbox Addresses. Notwithstanding the forgoing sentence, Agent’s obligation under this section shall not become effective until Bank has received the Agent’s Notice as described above. This section does
not apply to any cost or damage attributable to the gross negligence or intentional misconduct of Bank. Seller’s and Agent’s obligations under this section shall survive termination of this Agreement. 
 Seller and Agent each represent and warrant to Bank that (i) this Agreement constitutes its duly authorized, legal, valid, binding and enforceable
obligation; (ii) the performance of its obligations under this Agreement and the consummation of the transactions contemplated hereunder will not (A) constitute or result in a breach of its certificate or articles of incorporation, by-laws
or partnership agreement, as applicable, or the provisions of any material contract to which, it is a party or by which it is bound or (B) result in the violation of any law, regulation, judgment, decree or governmental order applicable to it;
and (iii) all approvals and authorizations required to permit the execution, delivery, performance and consummation of this Agreement and the transactions contemplated hereunder have been obtained. Seller and Agent each agrees that it shall be
deemed to make and renew each representation and warranty in this paragraph on and as of each day on which it uses the Lockbox Service. 
 Seller represents and warrants that it has not assigned or granted a security interest in the Accounts or any funds now or hereafter deposited in the Accounts, except to Agent. 
 Seller agrees that after Bank receives the Agent’s Notice, it cannot, and will not, withdraw any monies from the Accounts until such time as Agent
advises Bank in writing that Agent no longer claims any interest in the Accounts and the monies deposited and to be deposited in the Accounts and further that it will not permit the Accounts to become subject to any other pledge, assignment, lien,
charge or encumbrance of any kind, nature or description, other than Agents security interest referred to herein. 
 Agent acknowledges and
agrees that Bank has the right to charge the Accounts from time to time, as set forth in this Agreement, and the account agreement, as said agreements are amended from time to time, and that Agent has no right to the sums so withdrawn by Bank.

 Seller and Lender agree to pay to Bank, upon receipt of Bank’s invoice, all costs, expenses and attorneys’ fees (including
allocated costs for in-house legal services) incurred by Bank in connection with the enforcement of this Agreement and any instrument or agreement required hereunder, including but not limited to any such costs, expenses and fees arising out of

  

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the resolution of any conflict, dispute, motion regarding entitlement to fights or rights of action, or other action to enforce Bank’s rights in a case
arising under Title 11, United States Code. Seller agrees to pay Bank, upon receipt of Bank’s invoice, all costs, expenses and attorneys’ fees (including allocated costs for in-house legal services) incurred by Bank in the preparation and
administration of this Agreement (including any amendments hereto or instruments or agreements required hereunder). 
 Neither Seller nor
Agent may assign any of its rights under this Agreement without the prior written consent of Bank, which consent shall not unreasonably be withheld. 
 Nothing contained in the Agreement shall create any agency, fiduciary, joint venture or partnership relationship between Seller, Agent and Bank. 
 THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES HEREUNDER WILL BE GOVERNED BY AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS
WITHOUT REFERENCE TO ILLINOIS PRINCIPLES OF CONFLICTS OF LAW. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together will be deemed to constitute one and the same instrument. 
  

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 Indicate Bank’s agreement to the terms of this Agreement by signing in space provided below. This
Agreement will become effective upon the execution and exchange of a counterpart of this Agreement by all parties hereto. 
  

			
	Very truly yours,
	
	 PERKINELMER RECEIVABLES COMPANY
 (“Seller”)

		
	By:	 	  

	Title:	 	  

 Address of notice: 
 PerkinElmer Receivables Company 
 940 Winter Street 
 Waltham, MA 02451 
 Attention: Jim Vincent 
 Telephone
Number:    (781) 663-5677 
 Telecopy Number:      (781) 663-5977 
  

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	 Accepted and Confirmed as of
 the date first
written above:

	
	THE ROYAL BANK OF SCOTLAND PLC
	   (SUCCESSOR TO ABN AMRO BANK N.V.),
   as Agent

		
	By:	 	GREENWICH CAPITAL MARKETS, INC., as agent
		
	By	 	  

	Title	 	  

	
	Address of notice:
	
	 c/o ABN AMRO Bank N.V.
 540 West Madison
Street
 27th Floor
 Chicago, Illinois 60661
 Attention: Agent
 Telephone Number:    (312) 338-3491

 Telecopy Number:      (312) 338-0140

  

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 Acknowledged and agreed to as of the date first written above: 
  

			
	BANK OF AMERICA N.A., as Bank
		
	By	 	 /s/ Rick Love

		 	Rick Love, Vice President

 Address of notice: 
 Bank of America, N. A. 
 Blocked Account Support - Baltimore 
 225 N. Calvert Street 
 Mail Code: MD4-301-10-38 
 Baltimore, Maryland 21202 
 Facsimile: 877-874-1851 
 and: 
 Susan McNeice, AVP 
 Bank of America, N. A.

 Blocked Account support - Baltimore 
 225 N. Calvert Street

 Mail Code: MD4-301-10-38 
 Baltimore, Maryland 21202

 Fax: 877-874-1851 
  

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 EXHIBIT A 
 TO LETTER OF CREDIT RELATING TO LOCKBOX SERVICES 
  

							
	 ACCOUNT HOLDER
	  	LOCKBOX ADDRESS	  	LOCKBOX NUMBER	  	LOCKBOX ACCOUNT
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

 EXHIBIT B 
 TO LETTER OF CREDIT RELATING TO LOCKBOX SERVICES 
 Bank of America N.A. 
 Rick Love, Vice President 
 Blocked Account Support - Baltimore 
 225 N. Calvert Street 
 Mail Code: MD4-301-10-38 
 Baltimore, Maryland 21202 
 Facsimile: 877-874-1851 
  

			
	 Re:
	  	PerkinElmer Receivables Company
		  	Lock-Box Number:        Lock-Box Account Number:

 Ladies and Gentlemen: 
 Reference is made to the letter agreement dated             , 20     (the “Agreement”) among PerkinElmer Receivables
Company, a Delaware Corporation, PerkinElmer Receivables Company, the undersigned, as Agent, and Bank concerning the above described lock-box addresses and lock-box accounts (the “Accounts”). We hereby give you notice that a
Collection Agent Replacement Event has occurred and is continuing under the Receivables Sale Agreement (as defined in the Agreement) and of our assumption of dominion and control of the Accounts as provided in the Agreement. 
 We hereby instruct Bank not to permit any other party to have access to the Accounts and to make all payments to be made by you out of or in connection
with the Accounts directly to the undersigned upon our instructions, at our address set forth above. 
  

							
	  
	  		  	
	  
	  		  	
	ABA#	  	  
	  		  	
	Acct#:	  	  
	  		  	
	Acct Name:	  	  
	  		  	
	Ref:	  	  
	  		  	

							
		 		 	Very truly yours,
			
		 		 	THE ROYAL BANK OF SCOTLAND PLC
				
		 		 	By:	 	GREENWICH CAPITAL MARKETS, INC., as agent
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

				
		 		 	Address:	 	c/o ABN AMRO Bank N.V.
		 		 		 	540 West Madison Street
		 		 		 	27th Floor
		 		 		 	Chicago, Illinois 60661
		 		 		 	Attention: Agent
		 		 		 	Telephone:    (312) 338-3491
		 		 		 	Telecopy:      (312) 338-0140
	cc:	 	PerkinElmer Receivables Company	 		 	
		 	Susan McNeice, Bank of America N.A.	 		 	

  

 -2- 

 EXHIBIT C 
 TO LETTER OF CREDIT RELATING TO LOCKBOX SERVICES 
 STANDARD TERMS AND CONDITIONS 
 The Lockbox Service involves processing Checks that are received at a Lockbox Address. With this Service, Seller instructs its customers to mail checks it wants to have processed under the Service to the Lockbox
Address. Bank picks up mail at the Lockbox Address according to its mail pick-up schedule. Bank will have unrestricted and exclusive access to the mail directed to the Lockbox Address. Bank will provide Seller with the Lockbox Service for a Lockbox
Address when Seller has completed and Bank has received Bank’s then current set-up documents for the Lockbox Address. 
 If Bank receives any mail
containing Seller’s lockbox number at Bank’s lockbox operations location (instead of the Lockbox Address), Bank may handle the mail as if it had been received at the Lockbox Address. 
 PROCESSING 
 Bank will handle Checks received at the Lockbox
Address according to the applicable deposit account agreement, as if the Checks were delivered by Seller to Bank for deposit to the Account, except as modified by these Terms and Conditions. 
 Bank will open the envelopes picked up from the Lockbox Address and remove the contents. For the Lockbox Address, Checks and other documents contained in the envelopes
will be inspected and handled in the manner specified in the Seller’s set-up documents. Bank captures and reports information related to the lockbox processing, where available, if Seller has specified this option in the set-up documents. Bank
will endorse all Checks Bank processes on Seller’s behalf. 
 If Bank processes an unsigned check as instructed in the set-up documents, and the check
is paid, but the account owner does not authorize payment, Seller agrees to indemnify Bank, the drawee bank (which may include Bank) and any intervening collecting bank for any liability or expense incurred by such indemnitee due to the payment and
collection of the check. 
 If Seller instructs Bank not to process a check bearing a handwritten or typed notation “Payment in Full” or
words of similar import on the face of the check, Seller understands that Bank has adopted procedures designed to detect Checks bearing such notations; however, Bank will not be liable to Seller or any other party for losses suffered if Bank fails
to detect Checks bearing such notations. 
 RETURNED CHECK 
 Unless Seller and Bank agree to another processing procedure, Bank will reclear a Check once which has been returned and marked “Refer to Maker,” “Not Sufficient Funds” or
“Uncollected Funds.” If the Check is returned for any other reason or if the Check is returned a second time, Bank will debit the Account and return the Check to Seller. Seller agrees that Bank will not send a returned item notice
to Seller for a returned Check unless Seller and Bank have agreed otherwise. 

 ACCEPTABLE PAYEES 
 For the Lockbox Address, Seller will provide to Bank the names of Acceptable Payees (“Acceptable Payee” means Seller’s name and any other payee name provided to Bank by Seller as an acceptable
payee for Checks to be processed under the Lockbox Service). Bank will process a check only if it is made payable to an Acceptable Payee and if the check is otherwise processable. Seller warrants that each Acceptable Payee is either (i) a
variation of Seller’s name or (ii) is an affiliate of Seller which has authorized Checks payable to it to be credited to the Account. Bank may treat as an Acceptable Payee any variation of any Acceptable Payee’s name that Bank deems
to be reasonable. 
 CHANGES TO PROCESSING INSTRUCTIONS 
 Seller may request Bank orally or in writing to make changes to the processing instructions (including changes to Acceptable Payees) for any Lockbox Address by contacting
its Bank representative, so long as such changes do not conflict with the terms of the Deposit Account Control Agreement. Bank will not be obligated to implement any requested changes until Bank has actually received the requests and had a
reasonable opportunity to act upon them. In making changes, Bank is entitled to rely on instructions purporting to be from Seller. 
  

 -2- 

 EXHIBIT B 
 LOCK BOXES AND LOCK-BOX BANKS 
 PerkinElmer Health Sciences, Inc. (Delaware Corporation, formerly known as  
 PerkinElmer LAS, Inc.) 
  

	
	710 Bridgeport Ave
	Shelton, CT 06484
	
	549 Albany Street
	 Boston, MA 02118

 Bank of America, N.A. 
 PerkinElmer LAS Inc. Shelton 
 Account Number: 
 Lockbox
Number: 
 PerkinElmer Illumination, Inc. (Delaware Corporation, formerly known as PerkinElmer 
 Optoelectronics NC, Inc.) 
  

	
	44370 Christy Street
	Fremont, CA 94538

  

	
	 Bank of America
 Account Name: PerkinElmer
Optoelectronics NC, Inc.
 Account Number: 
 Lockbox Number:

 PerkinElmer Holdings, Inc. 
  

	
	2175 Mission College Blvd.
	Santa Clara, CA 95054

  

	
	 Bank of America, N.A.
 Account Name: PerkinElmer Holdings
Reticon
 Account Number: 
 Lockbox Number: 
  
 Bank of America, N.A.
 Account Name: PerkinElmer Holdings Asi
 Account Number: 
 Lockbox Number: 

 PerkinElmer, Inc. 
  

					
	1330 E. Cypress St.	 		  	
	 Covina, CA 91724
	 		  	
			
	 35 Congress Street
 Salem, MA 01979
  
  
	 		  	 Bank of America, N.A.
 Account Name: PerkinElmer
Optoelectronics Covina
 Account Number: 
 Lockbox Number:

	  
	 		  	  
 Bank of America, N.A.
 Account Name: PKI Optoelectronics Salem
 Account Number: 
 Lockbox Number: 

	 		  	  
 Bank of America, N.A.
 Account Name: PKI Optoelectronics St. Louis
 Account Number: 
 Lockbox Number: 

 Foreign 
  

					
	 PerkinElmer Canada Inc. (Federal Corp.)
 c/o Gowlings
Lafleur Henderson LLP
 Suite 5800, Scotia Plaza
 40 King Street
West
 Toronto, Ontario
 Canada M5H 3Z7
 (Registered Office c/o local counsel)
	 		  	
			
	 Principal business location:
 22001 Dumberry
Road
 Vaudreuil, Quebec
 Canada
J7V 8P7
	 		  	 Royal Bank of Canada
 Account Name: PerkinElmer Canada,
Inc.
 129 788 6
 CDN Lockbox

  

 -2-EXHIBIT 10.20

 EXHIBIT 10.20 
 DOMINION RESOURCES, INC. 
 NEW RETIREMENT BENEFIT RESTORATION PLAN 
 Originally Effective January 1, 2005 
 and

 Amended and Restated Effective January 1, 2009 

 TABLE OF CONTENTS 
  

					
	 Purpose
	  		  	1
			
	 Article I
	  	 Definitions
	  	2
			
	 Article II
	  	 Eligibility and Participation
	  	5
			
	 Article III
	  	 Basic Benefits
	  	6
			
	 Article IV
	  	 Cash Balance Benefits
	  	7
			
	 Article V
	  	 Death Benefits
	  	8
			
	 Article VI
	  	 Beneficiary
	  	10
			
	 Article VII
	  	 Coordination of Benefits
	  	11
			
	 Article VIII
	  	 Amendment or Termination of Plan
	  	12
			
	 Article IX
	  	 Plan Administration
	  	13
			
	 Article X
	  	 Confidentiality and Noncompetition Provisions
	  	15
			
	 Article XI
	  	 Miscellaneous
	  	16

 DOMINION RESOURCES, INC. 
 NEW RETIREMENT BENEFIT RESTORATION PLAN 
 As Amended and Restated Effective
January 1, 2009 
 Purpose 
 The Board of Directors of Dominion Resources, Inc. (the “Board”) adopted the New Retirement Benefit Restoration Plan effective January 1, 2005 to assist it in attracting and retaining those employees whose judgment, abilities
and experience will contribute to the Company’s continued progress. The Plan is intended to be a plan that is unfunded and maintained primarily for the purpose of providing deferred compensation for a “select group of management or highly
compensated employees” (as such phrase is used in the Employee Retirement Income Security Act of 1974). 
 The Company has amended the
Dominion Pension Plan to add a cash balance feature to the Retirement Plan for employees hired on or after January 1, 2008. In order to allow newly hired employees to benefit under the Plan, it is necessary to amend the Plan to reflect the
Dominion Pension Plan amendment. 
 The Plan is intended to qualify under the provisions of Code Section 409A and any regulations and
other guidance under that Section. The Plan shall be interpreted to qualify under Code Section 409A. 
 The Board has determined that
the benefits to be provided under the Plan are reasonable and appropriate compensation for the services rendered and to be rendered by Plan Participants. 
  

 - 1 - 

 Article I 
 Definitions 
 Whenever used in the Plan, the following phrases and terms shall have the meanings set
forth below: 
 1.1 “Account” means the Participant’s Account as defined under the Cash Balance Supplement. 
 1.2 “Account Balance” means the balance in the Participant’s Account under the Cash Balance Supplement. 
 1.3 “Administrative Benefits Committee” means the Administrative Benefits Committee of Dominion Resources, Inc., which shall manage and
administer the Plan in accordance with the provisions of Article IX. 
 1.4 “Affiliate” means any entity that is (i) a member
of a controlled group of corporations as defined in Section 1563(a) of the Code, determined without regard to Code Sections 1563(a)(4) and 1563(e)(3)(C), of which Dominion Resources, Inc. is a member according to Code Section 414(b);
(ii) an unincorporated trade or business that is under common control with Dominion Resources, Inc., as determined according to Code Section 414(c); or (iii) a member of an affiliated service group of which Dominion Resources, Inc. is
a member according to Code Section 414(m). 
 1.5 “Beneficiary” means the individual, individuals, entity, entities or the
estate of a Participant entitled to receive the benefits payable under the Plan, if any, upon the Participant’s death. 
 1.6
“Benefit Agreement” means any agreement between the Company and a Participant or any declaration by the Company under which a Participant is to be provided one or more Benefit Enhancements. 
 1.7 “Benefit Enhancement” means the crediting of deemed additional years of age or service, the use of a different definition of any factor
used to calculate benefits, different eligibility provisions, or any other provision that enhances the benefit that would otherwise be payable under the Retirement Plan as provided in a Benefit Agreement. 
 1.8 “Cash Balance Benefit” means the lump sum amount determined under Article IV. 
 1.9 “Cash Balance Supplement” means the Dominion Pension Plan Cash Balance Supplement, effective January 1, 2008, as amended from time to
time. 
 1.10 “CGN Committee” means the Compensation, Governance and Nominating Committee of the Board of Directors of Dominion
Resources, Inc. Actions designated as CGN Committee actions in this Plan may be taken by a duly authorized delegate, consistent with the CGN Committee’s charter. 
  

 - 2 - 

 1.11 “Change in Control” means with regard to each Participant at any time an event that
constitutes a “Change in Control” for purposes of the Employment Continuity Agreement between the Participant and Dominion Resources, Inc. as in effect at that time, if any. 
 1.12 “Code” means the Internal Revenue Code of 1986, as amended. 
 1.13 “Company” means Dominion Resources, Inc., its predecessor, a subsidiary or an Affiliate. 
 1.14 “Lump Sum Equivalent” means a single lump sum payment that is actuarially determined as the amount required to provide an after-tax monthly payment equal to the after-tax amount of the Monthly Benefit payable for the period
determined under Section 3.1(b). Effective for distributions occurring on or after January 1, 2007 and on or before December 31, 2009, unless otherwise determined by the Administrative Benefits Committee, the actuarial discount rate
for determinations of the Lump Sum Equivalent shall be four percent (4%). Beginning January 1, 2010, the actuarial discount rate shall be determined by the Administrative Benefit Committee. The actuarial determination shall be computed using
actuarial and other factors as determined by the Administrative Benefit Committee. The after-tax amounts shall be based on Federal income and FICA tax rates and the state income tax rate for the residence of the Participant at the date of the
payment, as determined by the Administrative Benefits Committee. The Lump Sum Equivalent of the Monthly Benefit determined under Section 5.1 shall be appropriately discounted if the date of payment under Section 5.1(b) is earlier than the
date of commencement of the Qualified Pre-Retirement Survivor Annuity under the Retirement Plan to the Participant’s Spouse. 
 1.15
“Monthly Benefit” means the monthly amount determined under Section 3.1(a) used for purposes of calculating the Lump Sum Equivalent. 
 1.16 “Participant” means an employee who is eligible to participate under Section 2.1 and who is designated by the CGN Committee to participate in the Plan pursuant to Article II. 
 1.17 “Plan” means the Dominion Resources, Inc. New Retirement Benefit Restoration Plan. 
 1.18 “Potential Change in Control” means with regard to each Participant at any time an event that constitutes a “Potential Change in
Control” for purposes of the Employment Continuity Agreement between the Participant and Dominion Resources, Inc. as in effect at that time, if any. 
 1.19 “Retirement” and “Retire” mean a Participant’s Separation from Service with the Company at a time when the Participant is entitled to begin receiving an Early Retirement or Normal
Retirement benefit under the Retirement Plan or would be entitled to begin such benefit if any Benefit Enhancement were applied under the Retirement Plan. 
 1.20 “Retirement Plan” means with regard to each Participant a defined benefit pension plan that is qualified under Code Section 401(a), that is maintained by Dominion Resources, Inc. or an Affiliate,
and in which the Participant participates. 
  

 - 3 - 

 1.21 “Separation from Service” means a termination of employment with the Participant’s
employer (Dominion Resources, Inc. or any Affiliate, as the case may be) and all other persons that would be treated as a single employer with the Participant’s employer under Code Sections 414(b) or (c) (applying a 50% rather than an 80%
ownership test), within the meaning of Treasury Regulation Section 1.409A-1(h). 
 1.22 “Spouse” means the person to whom a
Participant is legally married, determined in accordance with the laws of the state in which both parties reside, at the first to occur of (a) the date of the Participant’s Separation from Service or (b) the date of the
Participant’s death. 
 1.23 The following terms shall have the meaning provided in the Retirement Plan: Early Retirement Date, Normal
Retirement Date, and Qualified Pre-Retirement Survivor Annuity. 
  

 - 4 - 

 Article II 
 Eligibility and Participation 
 2.1 Eligibility. An employee of the Company shall be eligible
to participate in this Plan if the employee: (a) is a member of management or a highly compensated employee; (b) is designated by the CGN Committee as a Participant; and (c) has a Retirement Plan benefit that is or has been reduced or
limited by Code Section 401(a)(17) or Code Section 415, or both. 
 2.2 Participation. Participation in this Plan shall be
determined by the CGN Committee, in its sole discretion. An eligible employee designated to participate in the Plan by the CGN Committee shall become a Participant in the Plan as of the date his or her Retirement Plan benefit is or has been limited
by Code Section 401(a) (17) or Code Section 415, unless another date is provided by the CGN Committee. A Participant who remains an employee of the Company shall continue to participate in the Plan until (a) the CGN Committee
declares that he or she is no longer a Participant or (b) he or she has a Separation from Service. Except as otherwise specifically provided in the Plan, a Participant who ceases to participate in the Plan shall forfeit all rights to any
benefits under the Plan. 
 2.3 Revocation of Participation. Unless such action is prohibited by Section 8.1(c), the CGN
Committee may revoke or rescind the designation of an individual as a Participant at its discretion. All rights of any individual who was a Participant and whose designation as a Participant is revoked or rescinded by the CGN Committee shall cease
upon such action. 
 2.4 Termination of Participation. A Participant who ceases to be an eligible employee under Section 2.1
while remaining employed by the Company shall forfeit all rights under this Plan. In no event shall an individual who was a Participant but who is not a Participant at the time of such individual’s Separation from Service be entitled to any
benefit under the Plan. A Participant on authorized leave of absence from the Company for up to six months shall be deemed to not have had a Separation from Service or to lose the eligibility status as a result of such leave of absence. 

2.5 Change in Control. If a Participant is in the employ of a Company on the date of a Change in Control or a Potential Change in Control
relating to that Company, the provisions of the Employment Continuity Agreement between the Participant and Dominion Resources, Inc., if any, shall control (a) the Participant’s subsequent participation in this Plan and (b) the
eligibility for, computation of, and payment of any benefits under this Plan to the Participant. 
  

 - 5 - 

 Article III 
 Basic Benefits 
 This Article III shall apply to all Participants who have a benefit under a
Retirement Plan other than under the Cash Balance Supplement. Subject to the provisions of Articles VIII and X, a Participant who is subject to this Article III shall be entitled to benefits under this Plan as follows: 
 3.1 Calculation of Monthly Benefit. 
 (a) The Monthly Benefit of a Participant who has a Separation from Service shall be a monthly amount equal to (x) minus (y) minus (z) below where: 
 (x) = the benefit that would have been payable monthly to the Participant under the Retirement Plan but for the application of the limits set forth in
Code Sections 401(a)(17) and 415 and after the application of any Benefit Enhancements; 
 (y) = the benefit that the Participant is
entitled to receive monthly under the Retirement Plan; and 
 (z) = if applicable, the benefit payable to the Participant under the Dominion
Resources, Inc. Retirement Benefit Restoration Plan frozen as of December 31, 2004, expressed as a monthly benefit for the life of the Participant. 
 (b) If a Participant has a Spouse at the time of his or her Separation from Service, the Monthly Benefit under Section 3.1(a) shall be computed based on the Qualified Joint and Survivor Annuity benefit determined
under the Retirement Plan. If a Participant does not have a Spouse at the time of his or her Separation from Service, the Monthly Benefit under Section 3.1(a) shall be computed based on the Single Life Annuity benefit determined under the
Retirement Plan. 
 (c) If the Participant’s Separation from Service occurs before the Participant’s Normal
Retirement Date, the Monthly Benefit shall be calculated in accordance with the applicable reduction factors provided under the Retirement Plan. 
 3.2 Form of Payment. The Participant’s Monthly Benefit under this Plan based on the form of benefit under Section 3.1(b) shall be paid in the form of the Lump Sum Equivalent. 
 3.3 Time of Payment. The Lump Sum Equivalent shall be distributed to the Participant as soon as administratively practicable after the date which
is six months after the Participant’s Separation from Service, but not later than 90 days after such date. 
  

 - 6 - 

 Article IV 
 Cash Balance Benefits 
 This Article IV is effective as of January 1, 2008 and shall apply only
to those Participants who have a benefit under the Cash Balance Supplement. Subject to the provisions of Articles VIII and X, a Participant who is subject to this Article IV shall be entitled to benefits under this Plan as follows: 
 4.1 Benefit Calculation. 
 (a) The Cash Balance Benefit of a Participant who Separates from Service shall be a lump sum payment equal to (x) minus (y) below where: 
 (x) = the Participant’s Account Balance that would have accrued but for the application of the limits set forth in Code Sections 401(a)(17) and 415 and after the application of any Benefit Enhancements;

 (y) = the Participant’s actual Account Balance. 
 (b) In all cases, the Cash Balance Benefit under Section 4.1(a) shall be computed based on the same crediting factors as in the Cash
Balance Supplement. 
 4.2 Form of Benefit Payment. The Cash Balance Benefit payable to a Participant under the Plan shall be paid in
the form of a lump sum. 
 4.3 Time of Payment. The Cash Balance Benefit shall be distributed to the Participant as soon as
administratively practicable after the date which is six months after the Participant’s Separation from Service, but not later than 90 days following such date. 
  

 - 7 - 

 Article V 
 Death Benefits 
 5.1 Lump Sum Equivalent Death Benefit Before a Separation From Service.

 (a) If a Participant entitled to a Retirement Plan benefit other than the Cash Balance Supplement dies during employment
on a date that is on or after his or her Early Retirement Date, the Participant’s Beneficiary shall be entitled to the Lump Sum Equivalent that would have been payable to the Participant under this Plan. The Beneficiary’s benefit shall be
calculated under Section 3.1 as if the Participant had Retired on his or her date of death. A death benefit shall be payable under this Plan whether or not the Participant’s Beneficiary is entitled to a benefit under the Retirement Plan.
Payment shall be made as soon as administratively practicable, but not later than 90 days after the identity of the Participant’s Beneficiary has been confirmed. 
 (b) If a Participant entitled to a Retirement Plan benefit other than the Cash Balance Supplement dies during employment on a date that
is before his or her Early Retirement Date, a pre-retirement survivor benefit shall be payable to the surviving Spouse of the Participant if the Participant’s surviving Spouse is entitled to a Qualified Pre-Retirement Survivor Annuity under the
Retirement Plan. 
 (i) The Monthly Benefit of a surviving Spouse shall be a monthly amount equal to (x) minus
(y) below where: 
 (x) = the benefit that would have been payable monthly to the Spouse under the Retirement Plan but for the
application of the limits set forth in Code Sections 401(a)(17) and 415 and after the application of any Benefit Enhancements; and 
 (y) =
the benefit that the Spouse is entitled to receive monthly under the Retirement Plan. 
 (ii) The Monthly Pre-Retirement
death benefit payable to the Participant’s Spouse shall be paid in the form of the Lump Sum Equivalent as soon as administratively practicable, but not later than 90 days, after the identity of the Participant’s Spouse has been confirmed.

 5.2 Lump Sum Equivalent Death Benefit Following a Separation from Service. If a Participant entitled to a benefit under
Section 3.1 dies following a Separation from Service but before he or she has received payment of his or her Lump Sum Equivalent benefit pursuant to Section 3.3, payment of the Lump Sum Equivalent benefit shall be made to the
Participant’s Beneficiary. Payment shall be made as soon as administratively practicable, but not later than 90 days after the identity of the Participant’s Beneficiary has been confirmed. 
 5.3 Cash Balance Supplement Death Benefit. lf a Participant entitled to a Cash Balance Benefit under Article IV dies before receiving his or her
lump sum benefit payment, the Participant’s Beneficiary shall be entitled to the lump sum that would otherwise have been 

  

 - 8 - 

 
payable to the Participant under Section 4.1. The amount payable shall be determined as of the date of the Participant’s death. Payment shall be
made as soon as administratively practicable, but not later than 90 days after the identity of the Participant’s Beneficiary has been confirmed. If the Participant received a lump sum payment of the Cash Balance Benefit prior to his or her
death, the Participant’s Beneficiary shall not be entitled to receive any benefit under this Plan after the Participant’s death. 
  

 - 9 - 

 Article VI 
 Beneficiary 
 6.1 Designation of Beneficiary. A Participant may designate a Beneficiary to
receive benefits due under the Plan, if any, upon the Participant’s death. Designation of a Beneficiary shall be made by execution of a form approved or accepted by the Administrative Benefits Committee. In the absence of a valid Beneficiary
designation, a Participant’s surviving Spouse, if any, and if none, the Participant’s estate, shall be the Beneficiary. 
 6.2
Changing a Beneficiary Designation. A Participant may change a prior Beneficiary designation made under Section 6.1 by a subsequent execution of a new Beneficiary designation form. The change in Beneficiary will be effective upon receipt
by the Administrative Benefits Committee or its designee. 
 6.3 Proper Beneficiary. Any payment made to a Beneficiary under this Plan
by the Administrative Benefits Committee or its designee in good faith shall fully discharge the Company from all further obligations with respect to that payment. If the Administrative Benefits Committee or its designee has any doubt as to the
proper Beneficiary to receive a payment under this Plan, the Administrative Benefits Committee shall have the right to withhold such payment until the matter is fully adjudicated. 
 6.4 Minor or Incompetent Beneficiary. In making any payment to or for the benefit of any minor or an incompetent Beneficiary, the Administrative
Benefits Committee or its designee, in its sole and absolute discretion, may make a distribution to a legal or natural guardian or other relative of a minor or court-appointed representative of such incompetent. Alternatively, it may make a payment
to any adult with whom the minor or incompetent temporarily or permanently resides. The receipt by a guardian, representative, relative or other person shall be a complete discharge of the Company’s obligations under the Plan. The Company shall
have no responsibility to see to the proper application of any payment so made. 
  

 - 10 - 

 Article VII 
 Coordination of Benefits 
 7.1 No Duplication of Benefits. It is not intended that a
Participant, Beneficiary, or Spouse receive duplicate benefits under this Plan. Notwithstanding anything in this Plan to the contrary, the following provisions shall apply after a Participant has received a payment of any benefits under this Plan:

 (a) If a Participant ceases to be employed by the Company, receives a distribution of part or all of the benefits payable
under this Plan, and is subsequently reemployed by the Company, the amount of any benefit subsequently payable to the Participant from this Plan shall be appropriately adjusted to reflect the earlier distribution. 
 (b) Any adjustment under this 7.1 shall be made in accordance with rules established by the Administrative Benefits Committee and applied
in a uniform and nondiscriminatory manner. 
 7.2 Other Benefits and Agreements. The benefits provided for a Participant and the
Participant’s Beneficiary or Spouse under the Plan are in addition to any other benefits available to such Participant, Beneficiary or Spouse under any other plan or program of the Company for its employees, and, except as may otherwise be
expressly provided for, the Plan shall supplement and shall not supersede, modify or amend any other plan or program of the Company in which a Participant is participating. 
  

 - 11 - 

 Article VIII 
 Amendment or Termination of Plan 
 8.1 Right to Amend or Terminate. Except as otherwise
specifically provided, the CGN Committee reserves the right to amend or terminate this Plan, in whole or in part, at any time and from time to time; provided, however, that: 
 (a) No such amendment or termination may decrease the benefit that has already been earned by a Participant as of the date of the change,
except for an amendment required to comply with Code Section 409A; 
 (b) No such amendment or termination may create an
additional tax liability for a Participant under Code Section 409A; and 
 (c) If a Participant is in the employ of a
Company on the date of a Change in Control or a Potential Change in Control relating to that Company, the provisions of the Employment Continuity Agreement between the Participant and the Company, if any, shall apply to limit the ability of the CGN
Committee to amend or terminate this Plan with regard to the affected Participant unless the Participant agrees to such amendment or termination in writing. 
 8.2 Notice of Termination. No action to terminate the Plan shall be taken except upon written notice to each Participant to be affected thereby, which notice shall be given not less than thirty (30) days
prior to such action. 
 8.3 Effect of Termination. Except as otherwise provided in Sections 2.5 and 8.1 (c) relating to a Change
in Control or Potential Change in Control, upon the termination of this Plan, the Plan shall no longer be of any further force or effect and neither Dominion Resources, Inc. nor any Participant or Beneficiary shall have any further obligation or
right under this Plan. 
  

 - 12 - 

 Article IX 
 Plan Administration 
 9.1 Interpretation and Finality of Determination. The Plan shall be
administered by the Administrative Benefits Committee, which shall have the discretionary authority to interpret the terms of the Plan and to decide factual and other questions relating to the Participant and the Participant’s benefits,
including without limitation questions relating to eligibility for, calculation of, and payment of benefits under the Plan. Subject to the provisions of the Plan, the Administrative Benefits Committee may adopt such rules and regulations as it may
deem necessary or desirable to carry out the purposes of the Plan. The Administrative Benefits Committee’s interpretation and construction of any provision of the Plan shall be final, conclusive and binding upon the Company and upon
Participants and their Beneficiaries. 
 9.2 Indemnification. The Company shall indemnify and save harmless each member of the
Administrative Benefits Committee and each member of the CGN Committee against any and all expenses and liabilities arising out of membership on the respective Committee, excepting only expenses and liabilities arising out of the member’s own
willful misconduct. Expenses against which a member of the CGN Committee or the Administrative Benefits Committee shall be indemnified hereunder shall include without limitation, the amount of any settlement or judgment, costs, counsel fees, and
related charges reasonably incurred in connection with a claim asserted, or a proceeding brought or settlement thereof. The foregoing right of indemnification shall be in addition to any other rights to which any such member may be entitled.

 9.3 Delegation. Any responsibility or authority given under this Plan to either the Administrative Benefits Committee or the CGN
Committee may be delegated by the respective committee, consistent with such Committee’s charter. Any such delegation shall be prospectively revocable at any time. 
 9.4 Claims Procedure. 
 (a) Benefits under the Plan typically will be paid in
accordance with the Plan’s terms without the need for a formal claim for benefits. However, any Participant, retired Participant, or Beneficiary of a Participant who believes he or she is entitled to a benefit that he or she has not received
shall be entitled to file with the Administrative Benefits Committee a claim for benefits under the Plan. Such claim is required to be in writing. For purposes of this Section, any action required or authorized to be taken by the claimant may be
taken by a representative authorized in writing by the claimant to represent the claimant. 
 (b) If the claim is denied by
the Administrative Benefits Committee, in whole or in part, the claimant shall be furnished written notice of the denial of the claim within ninety (90) days after the Administrative Benefits Committee’s receipt of the claim or within one
hundred eighty (180) days after such receipt if special circumstances require an extension of time. If special circumstances require an extension of time, the claimant shall be furnished written notice prior to the termination of the initial
ninety-day period explaining the special circumstances that require an extension of time and the date by 

  

 - 13 - 

 
which the Administrative Benefits Committee expects to render the benefit determination. 
 (c) Within sixty (60) days following the date the claimant receives written notice of the denial of the claim, the claimant may
request the CGN Committee to review the denial. For purposes of this Section, any action required or authorized to be taken by the claimant may be taken by a representative authorized in writing by the claimant to represent the claimant. 

(d) The CGN Committee shall afford the claimant a full and fair review of the decision denying the claim and shall: 
 (i) Provide, upon request and free of charge, reasonable access to and copies of all documents, records and other information relevant to
the claim; 
 (ii) Permit the claimant to submit written comments, documents, records and other information relating to the
claim; and 
 (iii) Provide a review that takes into account all comments, documents, records and other information submitted
by the claimant relating to the claim, without regard to whether such information was submitted or considered in the initial determination. 
 (e) The decision on review by the CGN Committee shall be in writing and shall be issued within sixty (60) days following receipt of the request for review. The period for decision may be extended to a date not
later than one hundred twenty (120) days after such receipt if the Committee determines that special circumstances require extension. If special circumstances require an extension of time, the claimant shall be furnished written notice prior to
the termination of the initial sixty-day period explaining the special circumstances that require an extension of time and the date by which the Committee expects to render its decision on review. 
  

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 Article X 
 Confidentiality and Noncompetition Provisions 
 10.1 Confidentiality. By receiving a benefit
under this Plan, a Participant agrees never directly or indirectly to disclose to any third party or use for such Participant’s own personal benefit any confidential information or trade secret of the Company except and to the extent
(a) disclosure is ordered by a court of competent jurisdiction or (b) the information otherwise becomes public through no action of the Participant. 
 10.2 Noncompetition Requirement. 
 (a) By receiving a benefit under this Plan, a
Participant agrees that for a period of one (1) year following Separation from Service with the Company for any reason, the Participant will not, without the specific written permission of the Company, be directly employed in, or otherwise
provide services in any capacity to, any business or enterprise (including but not limited to the Participant’s own business or enterprise) that engages in direct competition with the Company in any state in which the Company is at the time of
the Participant’s Separation from Service either carrying on business or actively negotiating to enter business. 
 (b)
The CGN Committee (or its delegate) in its sole discretion has the authority to interpret and administer this Article X and to determine whether a business is in competition with the Company. In addition, a terminated Participant may request the CGN
Committee (or its delegate) to determine in advance whether a specific contemplated business or enterprise would be in competition with the Company for purposes of the Plan, and a response shall be provided to the Participant within a reasonable
time after all relevant information is provided to enable the CGN Committee (or its delegate) to make its determination. 
 10.3 Remedy
for Violation of Noncompetition Requirement. If the CGN Committee (or its delegate) determines that a terminated Participant who is entitled to receive or has received benefits under this Plan is, within one (1) year following Separation
from Service and without the specific written permission of the Company, directly employed in, or otherwise providing services in any capacity to, a business or enterprise that engages in direct competition with the Company in any state in which the
Company is at the time of the Participant’s Separation from Service either carrying on business or actively negotiating to enter business, then (a) the Participant shall forfeit all rights to any payment under the Plan, and (b) the
Participant shall be responsible for repaying to the Plan any payment already made to the Participant. 
 10.4 Company Right to Condition
Benefit. As a condition to receiving a benefit under the Plan, the CGN Committee may require the Participant to enter into a separate confidentiality and/or noncompetition agreement in a form acceptable to the Company. 
  

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 Article XI 
 Miscellaneous 
 11.1 No Funding. The Company has only a contractual obligation to make benefit
payments under this Plan. Nothing contained in this Plan shall require the Company to segregate any assets from its general fund, or to create any trusts, or to make any special deposits for any amounts to be paid to any Participant, former
Participant, Beneficiary, or Spouse. This Plan does not give a Participant, former Participant, Beneficiary or Spouse any interest, lien or claim against any specific assets of the Company. A Participant, former Participant, Beneficiary, or Spouse
shall have only the rights of general creditors of the Company, and their interest shall be that of a general creditor. 
 11.2 Source of
Benefit Payments. The Administrative Benefits Committee shall have the complete discretion to determine the source of any payment due under the Plan to any Participant, Beneficiary or Spouse; provided, however, that benefits paid by the Company
are to be satisfied solely out of the general corporate assets of the Company, which assets shall remain subject at all times to the claims of its creditors. Any amount payable to a Participant, Beneficiary or Spouse under the Plan may be paid in
part or in whole from a so-called “rabbi” trust maintained by or on behalf of the Company or to which the Company contributes. 
 11.3 Restrictions on Transfer. Benefits to which a Participant, Beneficiary, or Spouse may become entitled under the Plan are not subject in any manner to anticipation, alienation, sale, assignment, pledge, encumbrance or charge, and
any attempt to do is void. Benefits are not subject to attachment or legal process for the debts, contracts, liabilities, or torts of a Participant, Beneficiary, or Spouse. If any Participant, Beneficiary or Spouse becomes bankrupt or attempts to
anticipate, alienate, sell, assign, pledge, encumber or charge any right to a benefit hereunder, then such right or benefit, in the discretion of the CGN Committee, shall cease and terminate, and, in such event, the CGN Committee may hold or apply
the same or any part thereof for the benefit of such Participant or Beneficiary, or Spouse, children, or other dependents, or any of them, in such manner and in such portion as the CGN Committee may deem proper. 
 11.4 Binding Upon Successors and Assigns. The Plan shall inure to the benefit of, and shall be binding upon, the Company and its successors and
assigns, and upon a Participant, a Beneficiary, a Spouse, and either of their assigns, heirs, executors and administrators. 
 11.5
Withholding Taxes. All payments under this Plan shall be subject to and net of an amount sufficient to satisfy all federal, state, and local withholding tax requirements. 
 11.6 Construction. Masculine pronouns wherever used shall include feminine pronouns and the use of the singular shall include the plural.

 11.7 Form of Communications. Any notice, claim, or other communication required or permitted to be made under the Plan shall be in
writing and in such form as the Administrative Benefits Committee shall prescribe. If a communication is to be given to the Company, such notice shall be sent to the attention of the Corporate Secretary. If notice is to be given to a Participant,
such notice shall be addressed to the Participant’s last known address, which may be an electronic mail address. 
  

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 11.8 No Contract of Employment. The Plan does not in any way limit the right of the Company at any
time and for any reason to terminate either a Participant’s employment or a Participant’s status as an employee eligible to participate in the Plan. The existence of this Plan does not constitute a contract for continued employment between
a Participant and the Company or any subsidiary or affiliate. 
 11.9 Governing Law. To the extent not preempted by federal law, the
Plan shall be governed and construed under the laws of the Commonwealth of Virginia, without regard to its choice of law provisions. 
  

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