Document:

EX-10.1

 Exhibit 10.1 

McDERMOTT INTERNATIONAL, INC. 

Performance Unit Grant Agreement 

(June 6, 2018) 
 The Compensation Committee
of the Board of Directors (the “Committee”) of McDermott International, Inc. (“McDermott” or the “Company”) has selected you to receive a grant of performance units (“Performance Units”) under the 2016
McDermott International, Inc. Long-Term Incentive Plan (the “Plan”) on June 6, 2018 (the “Date of Grant”). The provisions of the Plan are incorporated herein by reference. 

Any reference or definition contained in this Performance Unit Grant Agreement (this “Agreement”) shall, except as otherwise specified, be construed
in accordance with the terms and conditions of the Plan and all determinations and interpretations made by the Committee with regard to any question arising hereunder or under the Plan shall be binding and conclusive on you and your beneficiaries,
successors, assigns, estate or personal representatives. The term “Company,” as used in this Agreement with reference to employment or service, shall include subsidiaries of McDermott. Whenever the words “you” or “your”
are used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to any beneficiary, successors, assigns, estate or personal representative to whom any rights under this Agreement may be
transferred by will or by the laws of descent and distribution, they shall be deemed to include any such person or estate. This Agreement shall be subject to the Plan and the Company’s Clawback Policy, which is attached hereto as Exhibit A and
is incorporated herein by reference. Capitalized terms not defined in this Agreement but that are defined in the Plan shall have the respective meanings ascribed to such terms in the Plan. 

Performance Units 
 Grant of
Performance Units. You have been awarded a grant of Performance Units shown on the Notice of Grant dated June 6, 2018, which is incorporated herein by reference (the “Award”). Each Performance Unit represents a right to receive
the value of one Share on the Vesting Date (as set forth in the “Vesting Requirements” paragraph below), provided the applicable performance measures and vesting requirements set forth in this Agreement shall have been satisfied. No Shares
or cash amounts are awarded or issued to you hereunder on the Date of Grant. 
 Vesting Requirements. Except as provided below, the Performance Units
do not provide you with any rights or interest therein until they become vested, if at all, on the date performance is finally determined by the Committee, which shall be as soon as practicable following the end of the performance period, but in no
event later than February 28, 2021 (the “Vesting Date”), provided you are then still employed by the Company. 
  

	 	•	 	Reduction in Force. In the event you terminate employment prior to the Vesting Date due to a “Reduction in Force,” then: 33% of the Performance Units will continue to vest, provided your
termination date is on or after the first anniversary of the Date of Grant; and 66% of the Performance Units will continue to vest, provided your termination date is on or after the second anniversary of the Date of Grant. The number of Performance
Units that will vest pursuant to the preceding sentence will be determined by multiplying (a) the applicable percentage from the preceding sentence by (b) the total number of Performance Units that would have vested, if any, based on
actual performance had you remained employed with the Company until the Vesting Date, as determined in accordance with the schedules set forth under the caption “Earned Award” below. 

  
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 For this purpose, the term “Reduction in Force” means an involuntary termination of
employment with the Company due to elimination of a previously required position or previously required services, or due to the consolidation of departments, abandonment of facilities or offices, technological change or declining business
activities, where such termination is intended to be permanent; or under other circumstances which the Committee, in accordance with standards uniformly applied with respect to similarly situated employees, designates as a reduction in force. 

 

	 	•	 	Death or Disability. 100% of the Performance Units shall vest on the Vesting Date in the event of the prior occurrence of either (1) the termination of your employment with the Company due to
death or (2) your Disability, in each case subject to achievement of the applicable performance measures for vesting. The number of Performance Units that will vest pursuant to the preceding sentence will be the total number of Performance
Units that would have vested, if any, based on actual performance had you remained employed with the Company until the Vesting Date, as determined in accordance with the schedules set forth under “Earned Award” below. 

 

	 	•	 	Change in Control. 

  

	 	o	If a Change in Control of the Company occurs, Section 14 of the Plan will control, with “Cause” and “Good Reason” given the meanings described below. 

 

	 	o	In the event that, prior to the date the Change in Control becomes effective, your employment was terminated due to a “Reduction in Force” as described above, or due to your death or Disability as described
above, a number of Performance Units will vest as of the Change in Control based on the greater of target level or the actual performance level measured through the date of the Change in Control as determined in accordance with Schedule A to this
Agreement and, in the case of a “Reduction in Force,” multiplied by the applicable percentage determined pursuant to the “Reduction in Force” paragraph above. 

For this purpose “Cause” means: (i) your continued failure to perform substantially your duties with the Company (occasioned by
reason other than your physical or mental illness, death or disability) after a written demand for substantial performance is delivered to you by the Committee which specifically identifies the manner in which the Committee or the Chief Executive
Officer believes that you have not substantially performed your duties, after which you shall have 30 days to defend or remedy such failure to substantially perform your duties; (ii) the engaging by you in illegal conduct or gross misconduct
which is materially and demonstrably injurious to the Company; or (iii) your conviction of, with no further possibility of appeal for, or plea of guilty or nolo contendere by you to, any felony. The cessation of your employment under items
(i) and (ii) of this paragraph shall not be deemed to be for “Cause” unless and until there shall have been delivered to you a copy of a resolution duly adopted by the affirmative vote of not less than three-quarters (3/4) of the
entire membership of the Committee at a meeting of the Committee called and held for such purpose (after reasonable notice is provided to you and you are given an opportunity, together with counsel, to be heard before the Committee), finding that,
in the good faith opinion of the Committee, you are guilty of the conduct described in items (i) or (ii) of this paragraph, and specifying the particulars thereof in detail. 

For this purpose “Good Reason” means any one or more of the following events which occurs following a Change in Control: (a) a
material diminution in your duties or responsibilities of from those applicable immediately before the date on which a Change in Control occurs; (b) a material reduction in your annual salary as in effect on the Effective Date of this Agreement
or as the same may be increased from time to time; (c) the failure by the Company to continue in effect any compensation plan in which you participate immediately before the Change in Control which is material to your total compensation, unless
a comparable arrangement (embodied in an ongoing 

  
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substitute or alternative plan) has been made with respect to such plan, or the failure by the Company to continue your participation therein (or in such substitute or alternative plan) on a
basis not materially less favorable than existed immediately before the Change in Control, unless the action by the Company applies to all similarly situated employees; (d) the failure by the Company to continue to provide you with material
benefits in the aggregate that are substantially similar to those enjoyed by you under any of the Company’s pension, savings, life insurance, medical, health and accident, or disability plans in which you were participating immediately before
the Change in Control if such benefits are material to your total compensation, the taking of any other action by the Company which would directly or indirectly materially reduce any of such benefits or deprive you of any fringe benefit enjoyed by
you at the time of the Change in Control if such fringe benefit is material to your total compensation, unless the action by the Company applies to all similarly situated employees; or (e) a change in the location of your principal place of
employment with the Company by more than 50 miles from the location where you were principally employed immediately before the Change in Control without your consent. If a Change in Control occurs and any of the events described above occurs prior
to the third anniversary of such Change in Control (an “Event”), you shall give the Company written notice (the “Notice”) within 60 days following your knowledge of an Event that you intend to terminate employment as a result.
The Company shall have 30 days following receipt of the Notice in which to cure the Event. If the Company does not take such action within that time, the Event shall constitute Good Reason. If you do not provide the Notice within 60 days as required
above then the Event shall not constitute Good Reason, and thereafter, for purposes of determining whether you have Good Reason, your terms and conditions of employment after the occurrence of the Event shall be substituted for those terms and
conditions of your employment in effect immediately prior to the date of this Agreement. 
 Forfeiture of Performance Units. Except as provided
above, Performance Units which are not vested as of the date of your termination of employment with the Company for any reason shall, coincident therewith, terminate and be of no further force or effect. 

In the event that, while you are employed by the Company or are performing services for or on behalf of the Company under any consulting agreement,
(a) you are convicted of (i) a felony or (ii) a misdemeanor involving fraud, dishonesty or moral turpitude, or (b) you engage in conduct that adversely affects or may reasonably be expected to adversely affect the business
reputation or economic interests of the Company, as determined in the sole judgment of the Committee, then all Performance Units and all rights or benefits awarded to you under this Agreement shall be forfeited, terminated and withdrawn immediately
upon (1) notice to the Committee of such conviction pursuant to (a) above or (2) final determination pursuant to (b) above by the Committee. The Committee shall have the right to suspend any and all rights or benefits awarded to
you hereunder pending its investigation and final determination with regard to any such matters. 
 Earned Award. Except as otherwise provided above,
the number of Performance Units in which you will vest, if any (the “Earned Award”), shall be determined as set forth in Schedule A with: (i) 50% based on the Company’s aggregate consolidated Order Intake for the performance period
from July 1, 2018 through December 31, 2020 and (ii) 50% based on the Company’s relative Total Shareholder Return as compared to the Performance Peer Group (as set forth in Schedule B) for the period beginning May 10, 2018 and
ending on December 31, 2020. 
 Payment of Earned Award. You (or your estate or beneficiaries, if applicable) will receive the value of one
Share for each Performance Unit that vests as an Earned Award. In the sole discretion of the Committee, Performance Units shall be paid in (i) Shares, (ii) cash equal to the Fair Market Value of the Shares otherwise deliverable on the Vesting
Date, or (iii) any combination thereof, which shall be distributed or paid as soon as administratively practicable after the Vesting Date, but in any event no later than 15 days after the applicable Vesting Date or the date vesting occurs
following a Change in Control (as applicable). 

  
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 Taxes 

You will realize income in connection with this grant of Performance Units in accordance with the tax laws of the jurisdictions applicable to you. You are
solely responsible for the taxes associated with the Performance Units, and you should consult with and rely on your own tax advisor, accountant or legal advisor as to the tax consequences to you of this grant. 

By acceptance of this Agreement, you agree that any amount which the Company withholds on your behalf, including PAYE, federal or state income tax and
employee national insurance contributions or FICA withholding, or pursuant to applicable Company policy, in connection with income realized by you under this Agreement will be satisfied by withholding cash or whole Shares having an aggregate
Fair Market Value equal to but not exceeding the amount (as determined by the Company) of such tax withholding, unless the Committee determines to cause the withholding obligation to be satisfied by another method permitted by the Plan. If you are a
non-U.S. based taxpayer, the amount which the Company will withhold will be determined based on the tax laws of the jurisdiction applicable to you or applicable Company policy as determined on each applicable
Vesting Date. If you are a U.S. based taxpayer, the amount which the Company will withhold is set forth below, with your grade level for purposes of this Agreement determined on each applicable Vesting Date: 

 

	 	•	 	For Participants Grades 11 and Below: The Company will automatically withhold payment of cash or delivery of whole Shares having an aggregate Fair Market Value equal to but not exceeding the minimum withholding
due for federal income taxes with respect to this Award. Under the current rules, the minimum withholding rate for U.S. federal income taxes applicable to this Award is 22%. 

 

	 	•	 	For non-Executive Committee (“EXCOM”) Participants Grades 12 through 14: The Company will automatically withhold payment of cash or delivery of whole Shares
having an aggregate Fair Market Value equal to but not exceeding a federal income tax rate of 33% with respect to this Award (provided that 33% is higher than the minimum withholding rate then in effect). 

 

	 	•	 	For EXCOM Participants: The Company will automatically withhold payment of cash or delivery of whole Shares having an aggregate Fair Market Value equal to but not exceeding the maximum withholding due for federal
income taxes with respect to this Award. Under the current rules, the maximum withholding rate for U.S. federal income taxes applicable to this Award is 37%. 

In each case above, the withholding amounts above are in addition to employment taxes (FICA and Medicare) as well as any applicable state withholding taxes
that may be due. The Committee may, in its discretion, require or allow withholding of cash or Shares for taxes on a different basis than described above, on such terms and conditions as it may determine. 

Regardless of the withholding method referred to above, you are liable to the Company for the amount of income tax and employee national insurance
contributions or FICA withholding which the Company is required to withhold in connection with the income realized by you in connection with this Agreement, and you hereby authorize the Company to withhold such amount (as determined by the Company),
in whole or in part, from subsequent salary payments, without further notice to you, if the withholding method referred to above is not utilized or does not completely cover such required tax withholding. 

  
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 Transferability 

Performance Units granted hereunder are non-transferable other than by will or by the laws of descent and distribution
or pursuant to a qualified domestic relations order. 
 Securities and Exchange Commission Requirements 

If you are a Section 16 insider, this type of transaction must be reported on a Form 4. Please be aware that if you intend to reject the grant, you
should do so immediately after the Date of Grant to avoid potential Section 16 liability. Please advise Dennis Edge and Kim Wolford immediately by e-mail or telephone if you intend to reject this grant.
Absent such notice of rejection, the Company intends to prepare and file the required Form 4 on your behalf (pursuant to your standing authorization for us to do so). 

If you are currently subject to these requirements, you will have already been advised of your status. If you become a Section 16 insider at some future
date, reporting will be required in the same manner noted above. 
 Other Information 

Neither the action of the Company in establishing the Plan, nor any provision of the Plan, nor any action taken by the Company, your employer, the Committee
or the Board of Directors under the Plan, nor any provision of this Agreement shall be construed as giving to you the right to be retained in the employ of the Company or any of its subsidiaries or affiliates. 

This award is intended to comply with or be exempt from Section 409A of the Internal Revenue Code of 1986, as amended, and its implementing regulations
(“Section 409A”), and ambiguous provisions, if any, shall be construed in a manner that is compliant with or exempt from the application of Section 409A, as appropriate. Notwithstanding any provision of the award to the contrary,
if you are a “specified employee” within the meaning of Section 409A as of the date of your termination of employment and the Company determines, in good faith, that immediate payments of any amounts or benefits would cause a
violation of Section 409A, then any amounts or benefits which are payable under this award upon your “separation from service” within the meaning of Section 409A which (i) are subject to the provisions of Section 409A;
(ii) are not otherwise excluded under Section 409A; and (iii) would otherwise be payable during the first six-month period following such separation from service shall be paid on the first
business day next following the earlier of (1) the date that is six months and one day following the date of termination or (2) the date of the participant’s death. In addition, any payments to be made upon a Change in Control will
only be made upon such event if such event qualifies as a “change in control event” within the meaning of Section 409A. 
  

  
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 Schedule A 

Order Intake 
 The term “Order
Intake” as used herein refers to all new bookings and change orders booked during the performance period, including McDermott’s share of orders from unconsolidated affiliates. The Committee will use its discretion to evaluate relevant
information to determine overall Order Intake achievement. 
 The Earned Award with respect to the Order Intake performance measure is determined as
follows: 
  

					
	 Performance
	 	 Aggregate Consolidated

Order Intake
	 	 Earned Award with

Respect to Order

Intake Performance

	Maximum	 	3 $[●]	 	150%
	Target	 	   $[●]	 	100%
	Threshold	 	   $[●]	 	50%
	< Threshold	 	< $[●]	 	0%

 If a Change in Control of the Company occurs, the Committee will use its discretion to evaluate Order Intake achievement on a
pro rata basis for the time period elapsed through the date of the Change in Control. 
 Relative Total Shareholder Return 

The term “Total Shareholder Return” for the performance period means the rate of return (expressed as a percentage) achieved with respect to the
common stock of the Company and the common stock of each company in the Performance Peer Group for the performance period if: 
  

	 	•	 	$100 were invested in the common stock of each such company at the beginning of the performance period based on the closing price of the common stock of such company on May 10, 2018; 

 

	 	•	 	All dividends declared with respect to a particular common stock during the performance period are reinvested in such common stock on a consistent basis across all measured companies (e.g. on the dividend payment date
using the closing price of such common stock on such payment date); 

  

	 	•	 	The valuation of such common stock at the end of the performance period is based on the average closing price for the last twenty (20) trading days occurring on or before the last day of the performance period; and

  

	 	•	 	For companies with stock traded only in a non-$US currency, each daily closing price and any dividends used in the beginning and ending calculations shall be adjusted into US
dollars based on the respective reported exchange rate as of that day. 

 Following the calculation of Total Shareholder Return, the Committee
or its designee shall determine the Company’s percentile rank (the “TSR Percentile Rank”) based on the Total Shareholder Return of the Company and each such other company for the performance period in accordance with the formula set
forth below: 
  

									
	  
 TSR Percentile Rank =
	 	(	 	a + (n – b)	 	)	 	  
 / n * 100%

	 	 	2	 	 

  

	Where:	a = number of companies in the Performance Peer Group with Total Shareholder Return less than McDermott 

b = number of companies in the Performance Peer Group with Total Shareholder Return greater    than
McDermott 
 n = total number of companies in the Performance Peer Group (not including McDermott) 

 

  
 Schedule A 

 The Committee may adjust the composition of the Performance Peer Group in consideration of extraordinary
corporate events affecting individual companies in the Performance Peer Group, such as mergers, acquisitions, insolvencies, dissolutions or similar events. 

Earned Awards between the amounts shown will be calculated by linear interpolation. 
  

					
	 Performance
Period
	 	
TSR Percentile Rank
	 	 Earned Award with

Respect to Relative

TSR Performance

	 May 10, 2018

through
 December 31,
2020
	 	
390th Percentile

50th Percentile

25th Percentile

< 25th Percentile
	 	 200%

100%
 50%

0%

  

  
 Schedule A 

 Schedule B 

Performance Peer Group: 
  

	 	•	 	AECOM 

  

	 	•	 	Fluor Corporation 

  

	 	•	 	Halliburton Company 

  

	 	•	 	Jacobs Engineering Group, Inc. 

  

	 	•	 	John Wood Group PLC 

  

	 	•	 	KBR, Inc. 

  

	 	•	 	National Oilwell Varco, Inc. 

  

	 	•	 	Petrofac Limited 

  

	 	•	 	Saipem SpA 

  

	 	•	 	Schlumberger Limited 

  

	 	•	 	Subsea7 SA 

  

	 	•	 	TechnipFMC plc 

 In the event that a company included in the Performance Peer Group declares bankruptcy or a
similar restructuring or reorganization, the deemed TSR for such company over the performance period shall be -100%. In the event that a company included in the Performance Peer Group is acquired, such company
shall be replaced on the date immediately prior to the public announcement of the closing of the acquisition with an industry index for purposes of determining the performance of such company through the end of the performance period. 

 

  
 Schedule B 

 Exhibit A 

POLICY NO. 1405-003 — EFFECTIVE DATE: 08/02/13 

 

			
		
	SUBJECT:	  	Clawback Policy
		
	AFFECTS:	  	McDermott International, Inc. and its subsidiaries and affiliated companies (hereinafter referred to as “the Company”)
		
	PURPOSE:	  	To govern the clawback of certain compensation awarded to executive officers of the Company.
		
	POLICY:	  	 If the consolidated financial statements of the Company and its subsidiaries are materially restated within three years of the first public
release or filing with the U.S. Securities and Exchange Commission (the “SEC”) of such financial statements, and the Compensation Committee of the Board of Directors of the Company (the “Committee”) determines, in its reasonable
discretion, that (1) any current or former executive officer (as defined in Rule 3b-7 promulgated by the SEC under the Securities Exchange Act of 1934, as amended) of the Company (an
“Executive”) has engaged in intentional misconduct and (2) such misconduct caused or partially caused the need for such restatement, then the Committee may, within 12 months after such a material restatement, require that the
executive forfeit and/or return to the Company all or a portion of the compensation vested, awarded or received under any bonus award (including pursuant to the Company’s Executive Incentive Compensation Plan), equity award (including any award
of stock options, shares of restricted stock, deferred stock units or restricted stock units) or other award during the period subject to restatement and the 12-month period following the first public issuance
or filing with the SEC of the financial statements that were restated (including, with respect to any such award that is subject to a multi-year vesting period, any compensation vested, awarded or received thereunder during such vesting period if
such vesting period includes all or part of such 12-month period); provided, however, that any forfeiture and/or return of compensation by an Executive under this policy will, in any event, be limited to any
portion thereof that the Executive would not have received if the consolidated financial statements of the Company and its subsidiaries had been reported properly at the time of first public release or filing with the SEC; provided, further, that
this policy shall not apply with respect to any restatement of the consolidated financial statements of the Company and its subsidiaries as to which the need for restatement is determined following the occurrence of a Change in Control (as defined
in the Company’s Director and Executive Officer Deferred Compensation Plan, as amended and restated November 8, 2010).
  

The vesting, payment or other receipt of any rights or benefits awarded by the Company to an Executive which are subject to this policy may be suspended
pending an investigation and final determination by the Committee with regard to any alleged misconduct that may be subject to a determination by the Committee under this policy.

 

  
 Exhibit A-1 

			
		  	  
 By accepting any award as to which this policy applies, each
Executive must agree to the foregoing and agree to forfeit and/or return compensation to the Company as provided by this policy, as the same may be modified by, or superseded by a replacement policy adopted by, the Committee, as the Committee may
deem necessary to comply with regulations issued by the SEC under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The terms of this policy shall in no way limit the ability of the Company to pursue forfeiture or reclamation of amounts
under applicable law as the Compensation Committee may consider appropriate in its reasonable discretion.

 Interpretation Contact for the above policy is the Senior Vice President, Chief Human Resources Officer and Executive
Vice President, Chief Legal Officer and Corporate Secretary. 
  

  
 Exhibit A-2EX-10.1

 Exhibit 10.1 

Restrictive Covenants, Severance and Change in Control Agreement 

This Restrictive Covenants, Severance and Change in Control Agreement (“Agreement”) is entered into as of June 11, 2018, by and between
Patterson Companies, Inc. (the “Company”) and Kevin M. Pohlman (referred to herein as “Executive”) (the Company and Executive are collectively referred to herein as “Parties,” and each a
“Party”). 
 WHEREAS, the Company desires to obtain from Executive his agreement to the restrictive covenants set forth in this Agreement;

 WHEREAS, the Company desires to provide Executive with certain severance benefits on the terms and conditions set forth in this Agreement; and 

WHEREAS, Executive desires to continue to be employed by the Company on such terms and conditions; 

NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained and other good and valuable consideration, receipt of which is hereby
acknowledged, it is hereby agreed: 
 1. Severance Benefits. In the event that Executive’s employment with the Company is terminated by
the Company without Cause as defined in Section 1(g), Executive shall, in lieu of any other cash severance benefits under any other Company agreement, plan, policy or program, be entitled to severance benefits as follows: 

 

	 	a.	Severance Payment. Executive shall receive cash in an amount equal to the sum of
(i) one-and-one-half (1.5) times Executive’s then-current base salary and (ii) the average of Executive’s
annual cash incentive compensation paid to him under the Company’s Management Incentive Compensation Plan (“MICP”) (or any other similar annual non-equity compensation plan of the
Company) for each of the last three full fiscal years (or such lesser number of years for which Executive was employed by the Company) prior to the year in which Executive’s employment is terminated. In the event that Executive was not employed
by the Company for the whole of any such fiscal year, but received pro-rated cash incentive compensation for such fiscal year, such amount shall be annualized for computation purposes. 

 

	 	b.	Prorated Non-Equity Incentive Compensation. Executive shall receive cash in an amount equal to his prorated annual cash incentive compensation under the MICP (or any other
similar annual non-equity incentive compensation plan of the Company) for the fiscal year in which termination occurs based on actual performance through the date of termination. 

 

	 	c.	 Continued Eligibility for Benefits Programs. Medical/Dental/Vision/Life insurance coverage will terminate
following the last day of Executive’s employment. However, Executive may elect to continue coverage for himself and his eligible dependents by electing continuation coverage under the federal law, the Consolidated Omnibus Budget Reconciliation
Act (“COBRA”), or applicable 

  
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state law. If Executive timely elects COBRA continuation, the Company will pay for his COBRA premiums until the earlier of: (i) eighteen (18) months following the termination of
Executive’s employment, pursuant to the terms of the applicable plan, (ii) the date Executive is eligible for such coverage from another employer, or (iii) such time as the reimbursement would result in the Company being subject to an
excise tax for a discriminatory health insurance benefit based on the Company’s reasonable interpretation of applicable law. 

  

	 	d.	Release Agreement. Executive shall not receive the severance benefits set forth in Sections 1(a)-(c) unless he has first signed and returned to the Company, and not rescinded pursuant to the terms thereof, a
separation agreement containing a release of claims in a reasonably customary form that is provided by and reasonably acceptable to the Company (the “Release”). The severance payments in Sections 1(a) and 1(b) will be paid in equal
monthly installments over the 18-month period following Executive’s termination beginning on the sixtieth (60th) day following Executive’s
termination, provided that all statutory rescission periods contained in the Release have expired without revocation, and subject to provisions of Section 5(l). Where the period available to execute (and to not revoke) the Release spans more
than one calendar year, the payment shall not be made until the second calendar year as required by the applicable terms of this Agreement and Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).

  

	 	e.	Forfeiture. Notwithstanding the foregoing, if Executive materially breaches any of his obligations in Section 4 hereof or the terms of the Release, the termination automatically shall be deemed one by the
Company for Cause and any severance payment already made to Executive shall be determined unearned and must be promptly repaid to the Company. 

  

	 	f.	Unvested Equity Interests. All unvested equity interests held by Executive as of the date of his termination shall terminate and be forfeited, unless those unvested grants shall be deemed to have vested in their
entirety as of Executive’s termination pursuant to the terms of the applicable grant agreement and the Company’s Amended and Restated Equity Incentive Plan or the Company’s 2015 Omnibus Incentive Plan, as applicable (each, an
“Equity Incentive Plan”), or any successor plan thereto, if applicable. 

  

	 	g.	 Cause. For purposes of this Agreement, “Cause” shall mean: (i) Executive’s
willful or repeated and material failure or refusal to perform his reasonably assigned and lawful duties (other than any such failure resulting from incapacity due to physical or mental illness or disability), or serious neglect or willful and
material misconduct in the performance of his reasonably assigned and lawful duties; (ii) Executive’s willful and material failure to comply with any reasonably assigned and legal directive of the Company’s Board of Directors (the
“Board”); (iii) Executive’s disclosure or misuse of Confidential Information as defined in Section 4(g); (iv) Executive’s engagement in illegal conduct, embezzlement, misappropriation, fraud, dishonesty or breach of
fiduciary duty, resulting in loss, 

  
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damage or injury to the Company; (v) Executive’s conduct related to his employment for which either criminal or civil penalties against Executive or the Company may be sought;
(vi) Executive’s conviction of, or plea of guilty or nolo contendere to, any crime (whether or not involving the Company) that constitutes a felony in the jurisdiction involved; or (vii) Executive’s material violation of any
Company policy or material breach of the terms of this Agreement or any other agreement between Executive and the Company. For the avoidance of doubt, mere failure of the Company to achieve any performance goals shall not constitute
“Cause.” For purposes of the first sentence of this paragraph, no act, or failure to act, on Executive’s part shall be considered willful unless done or omitted to be done, by him not in good faith or without reasonable belief that
his action or omission was in the best interest of the Company. 

 2. Change In Control. In the event that
(x) Executive’s employment with the Company is terminated by the Company without Cause or (y) Executive resigns his employment for Good Reason as defined in Section 2(f), in either case within two (2) years immediately
following a Change in Control as defined in Section 2(e), Executive shall, in lieu of the payment of severance benefits under Section 1 of this Agreement or any other cash severance benefits under any other Company agreement, plan, policy
or program, be entitled to severance benefits as follows: 
  

	 	a.	Severance Payment. Executive shall receive cash in an amount equal to the sum of (i) two (2) times Executive’s then-current base salary and (ii) Executive’s target annual cash incentive
compensation under the MICP (or any other similar annual non-equity compensation plan of the Company) for the fiscal year in which Executive’s employment is terminated. 

 

	 	b.	Prorated Non-Equity Incentive Compensation. Executive shall receive cash in an amount equal to his prorated annual cash incentive compensation under the MICP (or any other
similar annual non-equity incentive compensation plan of the Company) for the fiscal year in which termination occurs based on Executive’s target award through the date of termination. 

 

	 	c.	Continued Eligibility for Benefits Programs. Medical/Dental/Vision/Life insurance coverage will terminate following the last day of Executive’s employment. However, Executive may elect to continue coverage
for himself and his eligible dependents by electing continuation coverage under the federal law, COBRA, or applicable state law. If Executive timely elects COBRA continuation, the Company will pay for his COBRA premiums until the earlier of:
(i) eighteen (18) months following the termination of Executive’s employment, pursuant to the terms of the applicable plan, (ii) the date Executive is eligible for such coverage from another employer, or (iii) such time as the
reimbursement would result in the Company being subject to an excise tax for a discriminatory health insurance benefit based on the Company’s reasonable interpretation of applicable law. 

  
 3 

	 	d.	Release Agreement. Executive shall not receive the severance benefits set forth in Sections 2(a)-(c) unless he has first signed and returned to the Company, and not rescinded pursuant to the terms thereof, the
Release. The severance payments in Sections 2(a) and 2(b) will be paid in a lump sum on the sixtieth (60th) day following Executive’s termination, provided that all statutory rescission periods contained in the Release have expired without
revocation, and subject to provisions of Section 5(l). Where the period available to execute (and to not revoke) the release spans more than one calendar year, the payment shall not be made until the second calendar year as required by the
applicable terms of this Agreement and Section 409A of the Code. 

  

	 	e.	Change in Control. For purposes of this Agreement, “Change in Control” shall mean: (i) if any “person” or “group” as those terms are used in Sections 13(d) and 14(d) of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or any successors thereto, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act
or any successor thereto), directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding securities, provided, that the acquisition of additional securities by any
person or group that owns 50% or more of the voting power prior to such acquisition of additional securities shall not be a Change in Control; (ii) during any 12-month period, individuals who at the
beginning of such period constitute the Board and any new directors whose election by the Board or nomination for election by the Company’s shareholders was approved by at least a majority of the directors then still in office who either were
directors at the beginning of the period or whose election was previously so approved, cease for any reason to constitute a majority thereof; (iii) the shareholders of the Company approve a merger or consolidation of the Company with any other
corporation, other than a merger or consolidation (x) which would result in all or a portion of the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation or (y) by which the
corporate existence of the Company is not affected and following which the Company’s chief executive officer and directors retain their positions with the Company (and constitute at least a majority of the Board) and such merger or
consolidation is consummated; or (iv) the shareholders of the Company approve an agreement for the sale or disposition by the Company of all or substantially all the Company’s assets and such sale or disposition is consummated.

  

	 	f.	 Good Reason. For purposes of this Agreement, “Good Reason” shall mean any refusal to
accept: (i) a material diminution in Executive’s base compensation, which for purposes of this Agreement will mean a reduction of 10% or more in Executive’s base salary plus MICP target; (ii) discontinuation of eligibility to
participate in a material long-term cash or equity award or equity-based grant program (or in a comparable substitute program) in which other officers of the 

  
 4 

	 	
Company are generally eligible to participate; (iii) any material diminution of authority, duties or responsibilities, including any change in the authority, duties or responsibilities of
Executive that is inconsistent in any material and adverse respect with Executive’s then-current position(s), authority, duties and responsibilities with the Company or any subsidiary; provided, however, that “Good Reason” will not be
deemed to exist pursuant to this clause (iii) solely on account of the Company no longer being a publicly traded entity or solely on account of a change in the reporting relationship of Executive; or (iv) a material adverse change in the
geographic location at which the Company requires Executive to be based as compared to the location where Executive was based immediately prior to the change, which for purposes of this Agreement will mean: (x) a relocation that results in an
increase in the commuting distance from Executive’s principal residence to his new job location of more than 50 miles, or (y) a relocation that requires Executive to relocate his principal residence. 

 

	 	 	Notwithstanding the foregoing, however, “Good Reason” will not be deemed to exist as a result of any of the actions stated in clauses (i) or (ii) above to the extent that such actions are in connection
with an across-the-board change or termination that equally affects at least ninety percent (90%) of all officers of the Company, and an act or omission will not
constitute a “Good Reason” unless Executive gives written notice to the Company of the existence of such act or omission within ninety (90) days of its initial existence, the Company fails to cure the act or omission within thirty
(30) days after the notification, and actual termination of employment occurs within two (2) years of the initial existence of the act or omission. 

  

	 	g.	Forfeiture. Notwithstanding the foregoing, if Executive materially breaches any of his obligations in Section 4 hereof or the terms of the Release, the termination automatically shall be deemed one by the
Company for Cause and any severance payment already made to Executive shall be determined unearned and must be promptly repaid to the Company.  

  

	 	h.	Unvested Equity Interests. All unvested equity interests held by Executive as of the date of his termination shall be governed by the terms of the applicable grant agreement and the applicable Equity Incentive
Plan, or any successor plan thereto, if applicable. 

  

	 	i.	Section 280G. Notwithstanding anything to the contrary herein contained, under no circumstances shall the payments made to Executive pursuant to Section 2 result in an “excess
parachute payment” as defined under Section 280G of the Code. To the extent that such payments could result in an “excess parachute payment,” the payments shall be reduced to avoid such result, the manner of which reduction shall
be in the discretion of the Board. Any amounts reduced pursuant to this Section 2(i) shall be deemed forfeited by Executive, and Executive shall have no authority whatsoever to determine the order in which benefits under this Agreement shall be
so reduced. 

  
 5 

 3. One-Time Award. On June 11, 2018, Executive shall
be granted a restricted stock unit award under the Company’s 2015 Omnibus Incentive Plan covering a number of shares of the Company’s common stock with a value of $1,250,000 based on the per-share
closing price of the Company’s common stock on June 11, 2018. Such award shall have the terms and conditions specified by the Company, and shall vest, assuming continued employment, to the extent of 25% of the award on the one-year anniversary of the date of grant, 25% of the award on the two-year anniversary of the date of grant, and the remaining 50% of the award on the three-year anniversary
of the date of grant. 
 4. Executive Agreements. In exchange for the severance benefits set forth in Sections 1(a)-(c) and Sections 2(a)-(c)
and the one-time restricted stock unit award set forth in Section 3, Executive agrees as follows: 
  

	 	a.	Non-Encouragement Provision. Executive agrees that during his employment with the Company and thereafter he will not instigate, cause, advise or encourage any other
persons, groups of persons, corporations, partnerships or any other entity to file litigation against the Company. 

  

	 	b.	Cooperation in Transitional Matters. After Executive’s employment ends, Executive agrees to make himself reasonably available to the Company thereafter without additional compensation to answer questions,
provide information and otherwise reasonably cooperate with the Company in any pending or transitional matters on which Executive has worked or about which Executive may have personal knowledge. Executive agrees to reasonably cooperate with the
Company, including its attorneys, managers and accountants, in connection with any transitional matters, potential or actual litigation, or other real or potential disputes, which directly or indirectly involve the Company. 

 

	 	c.	 Non-competition and Notification. During Executive’s
employment with the Company and for the Restricted Period as defined below, Executive agrees not to directly or indirectly engage in, be interested in, or be employed by, anywhere in the United States, Canada, the United Kingdom or any additional
geographic markets the Company enters, any direct competitor of the Company (including, without limitation, Henry Schein, Inc., Benco Dental Supply Company, Burkhart Dental Supply Co., Amazon.com, Inc., MWI Veterinary Supply, Inc. and
AmerisourceBergen Corp.) or any other business which offers, markets or sells any service or product that competes indirectly with any services or products of the Company (a “Competing Business”). The “Restricted Period” shall be
eighteen (18) months following the voluntary or involuntary termination of Executive’s employment for whatever reason; provided, however, that it shall be twenty-four (24) months following (i) the involuntary termination of his
employment without Cause within two (2) years immediately following a Change in Control or (ii) his resignation for Good Reason within two (2) years immediately following a Change in Control. By way of example, but not by way of
limitation, any service or product that competes directly or indirectly with any services or products of the Company includes dental services, dental products, animal health services and animal health products. For purposes of this provision,

  
 6 

	 	
Executive shall be deemed to be interested in a Competing Business if he is engaged or interested in such Competing Business as a stockholder, director, officer, employee, salesperson, sales
representative, agent, partner, individual proprietor, consultant, or otherwise, but not if such interest in the Competing Business is limited solely to the ownership of 2% or less of the equity or debt securities of any class of a corporation whose
shares are listed for trading on a national securities exchange or traded in the over-the-counter market. 

In the event that Executive obtains new employment prior to expiration of the Restricted Period, Executive shall: (i) disclose this
Agreement to his new employer prior to beginning the employment; and (ii) notify the Company of the identity of his new employer within seven (7) days after accepting any offer of employment by sending a written notification to the
Company. 
 Executive agrees that the foregoing restrictions are in consideration of the consideration offered in this Agreement, and that
the restrictions are reasonable and necessary for the purpose of protecting the Company’s legitimate business interests. Executive agrees that the scope of the business of the Company is independent of the location (such that it is not
practical to limit the restrictions contained herein to a specific state, city or part thereof) and therefore acknowledges and agrees that the geographic scope of this restriction throughout the United States, Canada and the United Kingdom is
reasonable and necessary. 
 Executive further agrees that the remedy of damages at law for breach by Executive of any of the covenants and
obligations contained in this Agreement is an inadequate remedy. In recognition of the irreparable harm that a violation by Executive of the covenants and obligations in this Agreement would cause the Company, or any company with which the Company
has a business relationship, Executive agrees that if he breaches or proposes to breach, any provision of this Agreement, the Company shall be entitled, in addition to all other remedies that it may have, to an injunction or other appropriate
equitable relief to restrain any such breach or proposed breach without showing or proving any actual damage to the Company, it being understood by Executive and the Company that both damages and equitable relief shall be proper modes of relief and
are not to be considered alternative remedies. 
  

	 	d.	Non-Solicitation of Customers, Suppliers, or Distributors. Executive agrees that during his employment with the Company and during the Restricted Period, Executive shall
not directly or indirectly, whether individually or as an owner, agent, representative, consultant or employee, participate or assist any individual or business entity to solicit or encourage any customer, supplier, or distributor of the Company to
(i) do business that could be done with the Company with any person or entity other than the Company or (ii) terminate or otherwise modify adversely its business relationship with the Company. 

  
 7 

	 	e.	Non-Solicitation of Employees. Executive agrees that during his employment with the Company and during the Restricted Period, Executive shall not directly or indirectly,
whether individually or as an owner, agent, representative, consultant or employee, participate or assist any individual or business entity to solicit, employ or conspire with others to employ any of the Company’s employees. The term
“employ” for purposes of this Section 4(e) means to enter into an arrangement for services as a full-time or part-time employee, independent contractor, agent or otherwise. Notwithstanding the foregoing, any general advertisement or
public solicitation that is not directed specifically to employees of the Company shall not constitute a breach of this Section 4(e). 

  

	 	f.	Non-Disparagement Provision. Executive agrees that during his employment with the Company and thereafter, Executive will not make any disparaging or damaging statements
about the Company, its products, services or management, whether or not libelous or defamatory, provided that this provision shall not affect Executive’s right to provide truthful information to any governmental entity. Similarly, the Board
shall not at any time, whether during or after the termination of Executive’s employment with the Company, make any disparaging or damaging statements concerning Executive whether or not libelous or defamatory, provided that this provision
shall not affect the Company’s right to provide truthful information to any governmental entity. 

  

	 	g.	Confidential Information. Executive acknowledges that in the course of his employment with the Company, he will have access to Confidential Information. “Confidential Information” includes but is
not limited to information not generally known to the public, in spoken, printed, electronic or any other form or medium relating directly or indirectly to: business processes, practices, policies, plans, documents, operations, services and
strategies; contracts, transactions, and potential transactions; negotiations and pending negotiations; customer and prospect information including, without limitation, customer and prospect lists, purchase and order histories, and equipment
pipelines; proprietary information, trade secrets and intellectual property; supplier and vendor agreements, strategies, plans and information; financial information and results; legal strategies and information; marketing plans and strategies;
pricing plans and strategies; personnel information and staffing and succession planning practices and strategies; internal controls and security policies, strategies and procedures; and/or other confidential business information that Executive will
learn, receive or use at any time during his employment with the Company, whether or not such information has been previously identified as confidential or proprietary. 

Confidential Information may be contained in written materials, such as documents, files, reports, manuals, drawings, diagrams, blueprints and
correspondence, as well as computer hardware and software, and electronic or other form or media. It may also consist of unwritten knowledge, including ideas, research, processes, plans, practices and
know-how. 

  
 8 

 Confidential Information does not include information that: (i) is in or becomes part
of the public domain or information generally known in the trade, other than as a result of a disclosure by or through Executive in violation of this Agreement or by a third-party in breach of a confidentiality obligation; (ii) information that
Executive acquires or independently develops completely independently of his employment with the Company; (iii) is lawfully disclosed to Executive by a third party provided the third party did not receive it due to a breach of this Agreement or
any other obligation of confidentiality; (iv) was lawfully in Executive’s possession prior to providing services for the Company, provided that said information was not obtained from the Company; or (v) is required to be disclosed by
law or the order of any court or governmental agency, or in any litigation or similar proceeding; provided that prior to making any such required disclosure, Executive shall notify the Company in sufficient time to permit the Company to seek an
appropriate protective order. 
  

	 	 	Executive agrees that he shall not, at any time during his employment with the Company or thereafter, disclose or otherwise make available Confidential Information to any person, company or other party. Further,
Executive shall not use or disclose any Confidential Information at any time without the Company’s prior written consent. This Agreement shall not limit any obligations Executive may have under any other employee confidentiality agreement with
the Company or under applicable law nor shall it limit his right to provide truthful information to any governmental agency. 

  

	 	h.	Defend Trade Secrets Act of 2016. Executive understands that if he breaches the provisions of Section 4(g) above, Executive may be liable to the Company under the federal Defend Trade Secrets Act of 2016
(“DTSA”). Executive further understands that by providing him with the following notice, the Company may recover from Executive its attorney fees and exemplary damages if it brings a successful claim against Executive under the
DTSA: Under the DTSA, Executive shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made: (a)(i) in confidence to a federal, state, or local governmental official,
either directly or indirectly, or to an attorney and (ii) solely for the purpose of reporting or investigating a suspected violation of law or (b) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is
made under seal. Without limiting the foregoing, if Executive files a lawsuit for retaliation by the Company for reporting a suspected violation of law, Executive may disclose the trade secret to his attorney and use the trade secret information in
the court proceeding, if Executive (i) files any document containing the trade secret under seal and (ii) does not disclose the trade secret, except pursuant to court order. 

 

	 	i.	 Return of Documents, Materials, and Property. Executive agrees that at the end of his employment with the
Company, or at the Company’s earlier request, he will return all originals and copies of any documents, materials or other property of the Company and the Company’s customers, whether generated by Executive or any other person on his
behalf or on behalf of the Company or its customers. This includes all copies and all materials on paper, on disk, on a computer, or in any computerized or electronic medium. All documents, files, records, reports, policies, training materials,
communications materials, lists and information, 

  
 9 

	 	
e-mail messages, products, keys and access cards, cellular phones, computers, other materials, equipment, physical and electronic property, whether or not pertaining to Confidential Information,
which were furnished to Executive by the Company, purchased or leased at the expense of the Company, or produced by the Company or Executive in connection with Executive’s employment will be and remain the sole property of the Company, except
as otherwise provided herein. All copies of Company property, whether in tangible or intangible form, are also the property of the Company. Executive agrees that he will not retain any paper or electronic copies of these documents and materials.

 Executive agrees that, following the termination of his employment with the Company, the Company may open all mail
(including but not limited to regular mail, electronic mail and voicemail) delivered to the Company and addressed to him. Notwithstanding the foregoing, the Company shall not open any mail (including but not limited to regular mail, electronic mail
and voicemail) delivered to the Company and addressed to Executive if it is readily apparent that such mail is a personal item, in which case the Company will promptly forward such mail to Executive without opening it; provided, however, that this
provision does not create any reasonable expectation of privacy on behalf of Executive in his use of the Company’s communications and technology systems. 
  

	 	j.	Class Action Waiver and Arbitration Agreement. Any dispute, controversy or claim arising out of, relating to or in connection with this Agreement, including the breach, termination or validity
thereof, shall be finally resolved by arbitration. The tribunal shall have the power to rule on any challenge to its own jurisdiction or to the validity or enforceability of any portion of the agreement to arbitrate. The Parties agree to arbitrate
solely on an individual basis, and that the agreement to arbitrate does not permit class arbitration or any claims brought as a plaintiff or class member in any class or representative arbitration proceeding. The arbitral tribunal may not
consolidate more than one person’s claims, and may not otherwise preside over any form of a representative or class proceeding. In the event the prohibition on class arbitration is deemed invalid or unenforceable, then the remaining portions of
the arbitration agreement will remain in force. 

  

	 	k.	 Reasonable and Necessary. Executive acknowledges that he is a key employee of the Company and that
Executive participates in and contributes to key phases of the Company’s operations. Executive agrees that the covenants provided for in this Section 4 are reasonable and necessary to protect the Company and its confidential information,
goodwill and other legitimate business interests and, without such protection, the Company’s customer and client relationships and competitive advantage would be materially adversely affected. Executive agrees that the provisions of this
Section 4 are an essential inducement to the Company to enter into this Agreement and they are in addition to, rather than in lieu of, any similar or related covenants with the Company to which Executive may be bound. Executive further
acknowledges that the restrictions contained in this Section 4 shall not impose an undue hardship on him since he has general business skills which may be used in industries other than that in which the Company conducts

  
 10 

	 	
its business and shall not deprive Executive of his livelihood. In exchange for Executive agreeing to be bound by these reasonable and necessary covenants, the Company is providing Executive with
the benefits as set forth in this Agreement. Executive acknowledges and agrees that these benefits constitute full and adequate consideration for his obligations hereunder. 

 

	 	l.	Company Defined. For purposes of this Section 4, “Company” shall mean Patterson Companies, Inc., its affiliated and related entities, and any of their respective direct or indirect
subsidiaries. 

  

	 	m.	Survival. Notwithstanding any termination of this Agreement or Executive’s employment with the Company, Executive shall remain bound by the provisions of this Agreement which specifically relate to periods,
activities or obligations upon or subsequent to the termination of his employment, irrespective of whether Executive is eligible for severance benefits under Sections 1 or 2 of this Agreement. 

 

	 	n.	Company Policies. Executive agrees that during his employment with the Company and thereafter, Executive shall be subject to and shall abide by each of the personnel policies applicable to officers of the
Company, including without limitation any policy restricting pledging and hedging investments in Company equity by Company officers, and any policy the Company adopts regarding recovery of incentive compensation (sometimes referred to as
“clawback”) and any additional clawback provisions as required by law and applicable stock exchange listing rules. 

 5.
General Provisions. This Agreement is subject to the following general provisions: 
  

	 	a.	Consideration. Executive acknowledges that the consideration offered in this Agreement is good and valuable consideration in exchange for the terms of this Agreement. 

 

	 	b.	Effect of Breach. Executive agrees that it would be impossible to measure in money the damages caused by the irreparable harm the Company would suffer for any breach by him of the terms of this Agreement.
Accordingly, Executive agrees that if the Company institutes any action or proceeding to enforce the terms of this Agreement, the Company shall be entitled to temporary and permanent injunctive or other equitable relief to enforce the provisions of
this Agreement, such relief may be granted without the necessity of proving actual damages, Executive hereby waives to the extent permitted by law the claim or defense that the Company has an adequate remedy at law, and Executive shall not argue in
any such action or proceeding that any such remedy at law exists. This provision with respect to equitable relief shall not, however, diminish the right of the Company to claim and recover damages in addition to injunctive relief. Executive agrees
that he shall reimburse the Company for its attorney fees and costs incurred in seeking to enforce the terms of this Agreement. 

  
 11 

	 	c.	Notice. Any notice required or permitted to be given under this Agreement shall be deemed to have been delivered on the date following the day the notice is deposited in the United States mail, certified or
registered, postage prepaid, return receipt requested, and addressed as follows: 

 If to Executive: 

Kevin M. Pohlman 
 35160 Morning
Star Court 
 Windsor, CO 80550 

or such other address as Executive elects by giving to the Company not less than 30 days advance written notice. 

If to the Company: 
 Mark S.
Walchirk 
 President and Chief Executive Officer 

Patterson Companies, Inc. 
 1031
Mendota Heights Road 
 St. Paul, MN 55120 

or such other address as the Company elects by giving to Executive not less than 30 days advance written notice. 

 

	 	d.	Conflicting Agreements. Executive hereby represents that Executive is not subject to any non-competition agreement, non-disclosure
agreement, or any other kind of agreement or duty that would prohibit or restrict Executive from vigorously and fully performing services for the Company. 

  

	 	e.	Waiver. The waiver by either Party of the breach or nonperformance of any provision of this Agreement by the other Party will not operate or be construed as a waiver of any future breach or nonperformance under
any such provision of this Agreement or, in the case of the Company, any similar agreement with any other employee. 

  

	 	f.	Severability and Blue Penciling. To the extent that any provision of this Agreement shall be determined to be invalid or unenforceable as written, the validity and enforceability of the remainder of such
provision and of this Agreement shall be unaffected. If any particular provision of this Agreement shall be adjudicated to be invalid or unenforceable, the Company and Executive specifically authorize the tribunal making such determination to edit
the invalid or unenforceable provision to allow this Agreement, and the provisions thereof, to be valid and enforceable to the fullest extent allowed by law or public policy. Executive expressly stipulates that this Agreement shall be construed in a
manner which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law. 

  
 12 

	 	g.	Enforceable Contract. The Parties agree that this Agreement shall be deemed to have been entered into and shall be construed and enforced in accordance with the laws of the State of Minnesota, without regard to
conflicts of law provisions. If any part of this Agreement is construed to be in violation of the law, such part will be modified to achieve the objective of the Parties to the fullest extent permitted and the balance of this Agreement shall remain
in full force and effect. 

  

	 	h.	Exclusivity of and Consent to Jurisdiction. Subject to the arbitration provisions of Section 4(j) of this Agreement, Executive and the Company agree that the courts of Minnesota shall have exclusive judicial
jurisdiction over disputes concerning this Agreement. The Parties specifically consent to the jurisdiction of the state and federal courts of Minnesota. Accordingly, Executive and the Company submit to the personal jurisdiction of such courts for
purposes of this Agreement. 

  

	 	i.	Counterparts. The Parties agree that this Agreement may be executed in counterparts and each executed counterpart shall be as effective as a signed original. Photographic or faxed copies of such signed
counterparts may be used in lieu of the originals for any purpose. 

  

	 	j.	Successors and Assigns. Executive may not assign this Agreement to any third party for whatever purpose and any such purported assignment shall be void. The Company may assign this Agreement to any successor or
assign. 

  

	 	k.	Entire Agreement. Except for the related agreements described herein, this Agreement contains the entire agreement between the Parties relating to Executive’s employment by the Company and supersedes all
prior agreements and understandings, whether written or oral, between the Parties relating to such employment. This Agreement may not be amended or changed except in writing executed by both Parties. 

 

	 	l.	Section 409A. Notwithstanding any other provision of this Agreement to the contrary, Executive and the Company agree that the payments hereunder shall be exempt from, or satisfy the applicable
requirements, if any, of Section 409A of the Code in a manner that will preclude the imposition of penalties described in Section 409A of the Code. Payments made pursuant to this Agreement are intended to satisfy the short-term deferral
rule or separation pay exception within the meaning of Section 409A of Code. Executive’s termination of employment shall mean a “separation from service” within the meaning of Section 409A of the Code. Notwithstanding
anything herein to the contrary, this Agreement shall, to the maximum extent possible, be administered, interpreted and construed in a manner consistent with Section 409A of Code; provided, that in no event shall the Company have any obligation
to indemnify Executive from the effect of any taxes under Section 409A of the Code. 

  
 13 

 If any payment or benefit provided to Executive in connection with his termination of employment
is determined to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Code and Executive is determined to be a “specified employee” as defined in Section 409A(a)(2)(b)(i) of the
Code, then such payment or benefit shall not be paid until the first payroll date to occur following the six-month anniversary of the termination or, if earlier, on Executive’s death (the
“Specified Employee Payment Date”). The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date shall be paid to Executive in a lump sum on the Specified Employee Payment Date and
thereafter, any remaining payments shall be paid without delay in accordance with their original schedule. 
  

	 	m.	Clawback. The Company may terminate Executive’s right to the unvested equity compensation under Section 3, and may require reimbursement to the Company by Executive of any incentive compensation
previously paid or vested within the prior 12-month period pursuant to any applicable incentive compensation plan or award agreement, in the event: (i) of a willful or reckless breach by Executive of his
obligations under Section 4 of this Agreement; (ii) of Executive’s misconduct constituting Cause as defined in Section 1(g) of this Agreement; or (iii) Executive is obligated to disgorge to or reimburse the Company for such
compensation paid or payable to Executive by reason of application of Section 304 of the Sarbanes-Oxley Act of 2002, Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or any other applicable law or regulation
requiring recapture, reimbursement or disgorgement of incentive-based pay. 

  

	 	n.	Withholding. The Company shall withhold from the compensation payable to Executive hereunder all appropriate deductions necessary for the Company to satisfy its withholding obligations under federal, state and
local income and employment tax laws. 

  

	 	o.	Acknowledgement. Executive affirms that he has read this Agreement and that the provisions of this Agreement are understandable to him and Executive has entered into this Agreement freely and voluntarily.

 [SIGNATURE PAGE FOLLOWS] 

  
 14 

 IN WITNESS WHEREOF, the Parties have executed this Agreement by their signatures below. 

 

							
	Dated: June 11, 2018	 		 	 /s/ Kevin M. Pohlman

		 		 	Kevin M. Pohlman
			
	Dated: June 11, 2018	 		 	PATTERSON COMPANIES, INC.
				
		 		 	By:	 	 /s/ Mark S. Walchirk

		 		 		 	Mark S. Walchirk
		 		 		 	Chief Executive Officer

 [Signature Page to Restrictive Covenants, Severance and Change in Control Agreement by and 

between Patterson Companies, Inc. and Kevin M. Pohlman, dated June 11, 2018] 

  
 15

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