Document:

Senior Executive Officer Severance Agreement

 Exhibit 10.2 
 SENIOR EXECUTIVE OFFICER SEVERANCE AGREEMENT 
 THIS SENIOR EXECUTIVE OFFICER SEVERANCE
AGREEMENT is made as of July 30, 2012, between TELEFLEX MEDICAL EUROPE LTD. with a registered address of Garrycastle Business & Technology Park, Athlone, Co. Westmeath, Ireland (the “Company”) and LIAM KELLY of Kiln
Lodge, Quay Lane, Ballina, Ireland (“Executive”). 
 Background 

 

	A.	Executive is employed by the Company as the Company’s EVP and President International. 

 

	B.	The purpose of this Agreement is to provide for certain severance compensation and benefits to be paid or provided to Executive in the event of the termination of his
employment under circumstances specified herein and to provide also for certain commitments by Executive respecting the Company and Group. 

 Terms 
 THE PARTIES, in consideration of the mutual covenants hereinafter set forth, and
intending to be legally bound hereby, agree as follows: 
 1. Definitions 
 The following terms used in this Agreement with initial capital letters have the respective meanings specified therefor in this Section. 
 “Affiliate” of any Person means any other Person that controls, is controlled by or is under common control with the first mentioned Person. 

“Agreement” preceded by the word “this” means this Senior Executive Officer Severance Agreement, as amended at any relevant time.

 “Annual Incentive Plan” means the Management Incentive Plan (MIP) or Executive Incentive Plan (EIP) which are offered by the
Company providing for the payment of annual bonuses to certain employees of the Company, including Executive, as such Plans may be amended from time to time or, if such Plans shall be discontinued, any similar Plan or Plans in effect at any relevant
time. 
 “Base Salary” of Executive means the annualized base rate of salary paid to Executive as such may be increased from time to
time. 
 “Board” means the Board of Directors of the Company. 

 “Cause” means (a) misappropriation of funds, (b) conviction of a crime involving moral
turpitude, (c) gross negligence in the performance of duties, which gross negligence has had a material adverse effect on the business, operations, assets, properties or financial condition of the Company and its subsidiaries taken as a whole
or (d) refusal to comply with clause 2 of the Contract of Employment. 
 “Change In Control Severance Agreement” means any
Executive Severance Agreement relating to termination of employment of Executive after the occurrence of a Change if Control of the Company (defined in such Agreement). 
 “Confidential Information” has the meaning specified in Section 7. 
 “Contract
of Employment” shall mean the contract of employment entered into between the Company and Executive of July 30, 2012. 

“Employment” means substantially full time employment of Executive by the Company or any of its Affiliates. 

“Group” means the Company and all Affiliates. 
 “Health Care Continuation Period” means the period commencing on the Termination Date and ending on the earlier of (i) the last day of the Severance Compensation Period or (ii) the
first date on which Executive is eligible to participate in a health care plan maintained by another employer. 
 “Insurance Benefits
Period” means the period commencing on the Termination Date and ending on the earlier of (i) the last day of the Severance Compensation Period or (ii) the first date on which Executive is eligible to participate in a life and / or
accident insurance plan maintained by another employer. 
 “Notice of Termination” shall mean notice of termination under the Contract
of Employment. 
 “Performance Period” applicable to any compensation payable (in cash or other property) under any Plan, the amount
or value of which is determined by reference to the performance of participants or the Company or the fulfillment of specified conditions or goals, means the period of time over which such performance is measured or the period of time in which such
conditions or performance goals must be fulfilled. 
 “Person” means an individual, a corporation or other entity or a government or
governmental agency or institution, which may include a Restricted Competitor. 
 “Plan” means a plan of the Company or Group for the
payment of compensation or provision of benefits to employees in which plan Executive is or was, at all times relevant to the provisions of this Agreement, a participant or eligible to participate. 

.“Prorated Amount” has the meaning specified in Section 3(c). 

  
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 “Release” has the meaning specified in Section 6. 

“Relevant Business” means the business or businesses from time to time carried on by the Group limited to the activities with which the
Executive was materially concerned or involved in the course of his employment during the 12 month period prior to the Termination Date; 

“Restricted Area” means the international territory in which you managed the Company’s business in the twelve months prior to the
Termination Date; 
 “Restricted Competitor” means CR Bard, Covidian, Coloplast, Astra Tech (div. of Dentsply), Smiths Medical,
Intersurgical, B. Braun, Vygon, Pajunk, Ambu, and / or CareFusion, or any merged, acquiring or successor entity of any one of these organisations, or any third party that may, between the commencement of this Agreement and the Termination Date,
acquire all or a substantial part of the assets or business of any one of these organisations. 
 “Severance Compensation Period”
means the 15 month period commencing on the day after the Termination Date. 
 “Termination Date” means the date specified in a Notice
of Termination, as may be amended by the Company, which date shall be the date Executive’s Termination of Employment occurs. 

“Termination of Employment” means a cessation of Employment for any reason, other than a cessation occurring (i) by reason of
Executive’s death or (ii) under circumstances which would entitle Executive to receive compensation and benefits pursuant to the Executive Change In Control Severance Agreement, or (iii) for Cause. 

“Year” means a fiscal year of the Company. 
  

	2.	Continued Employment of Executive 

The parties acknowledge that Executive’s employment by the Company is terminable on notice and subject to such terms and conditions
as contained in the Contract of Employment. Nothing in this Agreement shall be construed as giving Executive any right to continue in the employ of the Company. 
  

	3.	Compensation upon Termination of Employment. 

 Subject to the strict compliance with the terms of this Agreement, upon Termination of Employment by the Company other than for Cause, Executive will receive from the Company the following payments and
benefits, which shall be inclusive of any statutory redundancy payment which Executive is entitled to receive: 
  

	(a)	Cash Bonuses for Years Preceding the Year of Termination. 

  
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 If any cash bonus pursuant to an Annual Incentive Plan in respect of a Performance Period
which ended before the Year of Termination shall not have been paid to Executive on or before the Termination Date, the Company will pay Executive such bonus in the amount of Executive’s award earned for the Performance Period in the form of a
single lump sum cash payment on the later of the 15th day following the Termination Date or the date that is 2-1/2 months following the end of the Performance Period. Save as provided for in clause 3(c), no other bonus payment shall be payable.

  

	(b)	Continuation of Base Salary 

 The
Company will pay Executive an amount equivalent to 15 months of Executive’s Base Salary as in effect immediately prior to the Termination Date, payable in accordance with the Company’s normal payroll schedule and payroll practices in
effect from time to time, subject to all applicable withholdings and deductions. Provided, however, that if the Termination Date was preceded by a period of illness leave, then the Base Salary continuation shall be an amount equivalent to 15 months
of Executive’s Base Salary as in effect immediately prior to the Executive’s illness leave. 
 In the event that
Executive is made redundant, then any statutory redundancy payment to which Executive is entitled shall be calculated as of the Termination Date. The amount of the statutory redundancy payment shall be subtracted from Executive’s base salary
continuation and paid out in a lump sum following the expiration of a waiting period of that period of time which it would otherwise have taken Executive to receive the equivalent of the statutory redundancy payment under the Company’s normal
payroll schedule and payroll practices in effect as of the Termination Date. 
  

	(c)	Payment of Annual Incentive Plan Award for Performance Period Not Completed Before the Termination Date 

If the Termination Date occurs before the last day, but after completion of at least six months, of a Performance Period under the Annual
Incentive Plan, the Company will pay Executive the Prorated Amount of Executive’s award under the Annual Incentive Plan for that Performance Period. The amount of the award, from which the Prorated Amount is derived, shall be determined based
on the degree to which each performance goal on which such award is based has been achieved at the end of the Performance Period (provided that any individual performance component shall be equal to the target award amount for such component). The
“Prorated Amount” of the award means an amount equal to the portion of the award which bears the same ratio to the amount of the award as the portion of such Performance Period expired immediately before the Termination Date bears to the
entire period of such Performance Period. The amount to which Executive is entitled under this Section 3(c) shall be paid in the form of a single lump sum cash payment on the date that is 2-1/2 months following the end of the Performance
Period. 

  
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	(d)	Vehicle Allowance 

 Subject to
statutory deductions, during the Severance Compensation Period, the Company shall continue to pay Executive his monthly cash vehicle allowance that was in effect as of the Termination Date, in accordance with the Company’s normal payment
schedule and payment practices in effect from time to time. 
  

	(e)	Outplacement 

 The Company shall
reimburse Executive for expenses incurred for outplacement services during the Severance Compensation Period, up to a gross maximum aggregate amount of €16,000 inclusive of VAT and outlay, which services shall be provided by an outplacement
agency selected by Executive. The Company shall reimburse Executive within 15 days following the date on which the Company receives proof of payment of such expense, which proof must be submitted no later than December 1st of the calendar year
after the calendar year in which the expense was incurred and although addressed to Executive the amount will be payable by the Company. Notwithstanding the foregoing, Executive shall only be entitled to reimbursement for those outplacement service
costs incurred by Executive on or prior to the last day of the second year following the Termination Date. Any such payment may be subject to statutory deductions. 
  

	(f)	Health Care Coverage 

 Subject to
statutory deductions, during the Health Care Continuation Period, the Company will provide health care coverage under the Company’s then-current health care Plan for Executive and Executive’s spouse and eligible dependents on the same
basis as if Executive had continued to be employed during that period. If not permitted under the relevant Plan, and subject to statutory deductions, the Company shall pay an amount equivalent to the cost to it of providing cover for the Executive
and Executive’s spouse and eligible dependants on the same basis as if the Executive had continued to be a member of the Plan during the Health Care Continuation Period. 

 

	(g)	Life and Accident Insurance 

Subject to statutory deductions and the terms, limitations and exclusions of the Plan or Plans for provision of life and accident
insurance and the Company’s related policies of group insurance, during the Insurance Benefits Period the Company will provide life and accident insurance coverage for Executive comparable to the life and accident insurance coverage which
Executive last elected to receive as an employee under the applicable Plan for such benefits, subject to modifications from time to time of the coverage available under such Plan or related insurance policies which are applicable generally to global
executive officers. The cost of providing such insurance will be borne by the Company and Executive in accordance with the Company’s policy then in effect for employee participation in premiums, on substantially the same terms as would be
applicable to a global executive officer. The Company shall pay its share of such premiums to the applicable insurance carrier(s) on the due date(s) established by such 

  
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carrier(s), but in no event later than the last day of the calendar year in which such due date(s) occurs. If not permitted under the relevant Plan, and subject to statutory deductions, the
Company shall pay an amount equivalent to the cost to it of providing cover for the Executive and Executive’s spouse and eligible dependants on the same basis as if the Executive had continued to be a member of the Plan during the Health Care
Continuation Period. 
  

	(h)	Taxable Benefits 

 The Company
shall deduct all taxes and levies from any emoluments, payments or benefits provided under this Agreement (including PAYE, employees PRSI, health contributions or any other taxes or levies which the Company and/or Group is obliged to deduct from
emoluments, payments or benefits provided to Executive, but excluding employers PRSI). In the event that the amounts deducted are insufficient to discharge the Company’s liability, Executive hereby agrees to indemnify the Company and / or Group
for all taxes and benefit contributions arising therefrom. The Company shall pay all interest, penalties, costs, and expenses incurred due to its own negligent failure to make required deductions from Executive’s compensation. The amount
payable by Executive under this clause will be such amount as will leave the Executive in the same position (after settling all taxes, levies, interest, penalties, costs and expenses), as he would have been if the correct deductions had been made
from all emoluments, payments or benefits provided under this Agreement at the time such deductions were due. 
  

	4.	Deductions and Taxes 

 For the
avoidance of doubt, all amounts payable or benefits provided by the Company pursuant to this Agreement shall be paid net of (i) taxes withheld or deducted by the Company in accordance with the requirements of law and (ii) deductions for
the portion of the cost of certain benefits to be borne by Executive. The Company reserves absolute discretion to determine the manner in which tax should be applied to any such amounts or benefits. 

 

	5.	Compensation and Benefits Pursuant to Other Agreements and Plans 

 Nothing in this Agreement is intended to diminish or otherwise affect Executive’s right to receive from the Company all compensation payable to Executive by the Company in respect of his Employment
prior to the Termination Date pursuant to any agreement with the Company (other than this Agreement) or any Plan. 
  

	6.	Executive’s General Release and Resignation from Board of Directors 

 As a condition to the obligations of the Company to pay severance compensation and provide benefits pursuant to Section 3, the Company shall have received from Executive on the Termination Date a
written resignation from the Board and as an officer and director of the Company, the Group, all of its Affiliates and a general release up to the Termination Date in substantially the form of Exhibit A and updated as necessary to

  
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reflect any changes in statutory references, relevant benefits plans as identified or such other changes as required, executed by Executive (the “Release”), and Executive shall not
thereafter seek to withdraw or in any way challenge to the effect or scope of the Release. If Executive fails to resign from the Board of the Company or any Affiliate by the Termination Date or fails to execute, or if Executive seeks to withdraw
from the Release or to in any way challenge the effect or scope, or acts in any way to suggest he is no longer bound by the Release, no payments or benefits shall thereafter be made or provided to Executive pursuant to this Agreement, and Executive
may be required to reimburse to the Company any payments or benefits received by Executive pursuant to this Agreement, but Executive’s obligations pursuant to this Agreement and Sections 7 and 8 in particular shall continue in force.

  

	7.	Confidential Information 

Executive acknowledges that, by reason of Executive’s employment by and service to the Company, Executive has had and will continue
to have access to confidential information of the Company, the Group and its Affiliates, including information and knowledge pertaining to products and services offered, innovations, designs, ideas, plans, trade secrets, proprietary information,
distribution and sales methods and systems, sales and profit figures, customer and client lists, and relationships between the Company, the Group and other distributors, customers, clients, suppliers and others who have business dealings with the
Company, the Group, and its Affiliates (“Confidential Information”). Executive acknowledges that such Confidential Information is a valuable and unique asset of the Company, and Group and Executive covenants that (except in connection with
the good faith performance of his duties while employed by the Company) Executive will not, either during or after Executive’s employment by the Company, disclose any such Confidential Information to any Person for any reason whatsoever without
the prior written authorization of the Company, unless such information is in the public domain through no fault of Executive or except as may be required by law or in a judicial or administrative proceeding. 

 

	8.	Restrictive Covenants 

  

	8.1	The Executive acknowledges: 

  

	 	(a)	that the Group is in a unique and highly specialised business; 

  

	 	(b)	that the Group’s market is international in scope with a limited number of competitors; 

 

	 	(c)	that the Group possess a valuable body of Confidential Information; 

  

	 	(d)	that the Group will give him access to Confidential Information in order to carry out his duties; 

  
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	 	(e)	that the Executive’s duties include, without limitation, a duty of trust and confidence and a duty to act at all times in the best interests of the Group;

  

	 	(f)	that the Executive’s knowledge of Confidential Information directly benefits him by enabling him to perform his duties; 

 

	 	(g)	that unless required for the performance of his duties the disclosure of any Confidential Information to any actual or potential competitor of the Group will place the
Group at a serious competitive disadvantage and would cause immeasurable (financial and other) damage to the Relevant Business; 

  

	 	(h)	that if, on leaving the employment of the Company, he was to hold any position in any actual or potential competitor to the Relevant Business, it could place the Group
at a serious competitive disadvantage and would cause immeasurable (financial and other) damage to the Relevant Business. 

  

	8.2	Competition and Non-Solicitation 

For a period of 12 months (such period to be reduced by such period spent on garden leave) from the Termination Date, whether terminated
by the Company or by you, you shall not within the Restricted Area, without the prior written consent of the Company; 
  

	 	(a)	directly or indirectly in any capacity either on his own behalf or in conjunction with or on behalf of any other Person; 

 

	 	(i)	be engaged, concerned or interested in any capacity either on his own behalf or in conjunction with or on behalf of any other Person in the Relevant Business or in any
business wholly or partly in competition with the Relevant Business; 

  

	 	(ii)	solicit or entice or endeavour to solicit or entice away from the Company or any Affiliate or employ any Person who was employed in a senior executive, supervisory,
technical, sales or administrative capacity by the Company or any Affiliate, at any time during the 12 months preceding the Termination Date; 

  

	 	(iii)	directly or indirectly call on or solicit for the purpose of diverting or taking away from the Company or any Affiliate (including, by divulging any Confidential
Infomration to any competitor or potential competitor of the Company or any Affiliate) any Person who is at the Termination Date, or at any time during the twelve (12) month period prior to the Termination Date had been, a material or regular
customer of the Company or any Affiliate with whom you had direct personal contact as a representative of the Company or any Affiliate, or a potential material or regular customer whose identity is known to you at the Termination Date as one whom
the Company or any Affiliate was actively soliciting as a potential customer within six (6) months prior to the Termination Date ; 

  
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	 	(iv)	interfere or seek to interfere or take steps as may interfere with the continuance of supplies to the Company or any Affiliate (or the terms relating to such supplies)
from any Persons who are or who have been supplying components, materials, goods or services to the Company or to any Affiliate at any time during the 12 month period immediately preceding the Termination Date; or 

 

	 	(v)	be engaged, concerned or interested in any Person who is or was at any time during the period of 12 months immediately preceding the Termination Date a significant or
regular customer of or supplier to the Company or any Affiliate, or who is or had been during the said 12 month period negotiating with the Company for the supply of a significant volume of services or goods, if such engagement, concern or interest
causes or would cause the supplier or customer to cease or materially to reduce its orders or contracts with, or the volume of goods and services received from the Company or any Affiliate. 

 

	8.3	You acknowledge and agree as follows: 

  

	 	(i)	that the restrictions set out in clause 8.2(a)(i) apply in the Restricted Area to Restricted Competitors only. 

 

	 	(iii)	that the list of Restricted Competitors does not represent the entirety of the market in which the Group and you are engaged and excludes a number of significant
multinational competitors covering the medical device industry and market, and as such, the restrictions set out in this clause 8 do not in any way impact on your ability to obtain employment outside of the Company or Group.

  

	8.4	The Executive agrees that if during the continuance in force of the restrictions set out in this clause 8, he receives an offer of employment from any person, he will
immediately provide that person with a complete and accurate copy of this clause 8. 

  

	8.5	You acknowledge that while it is the intention of the parties to this Agreement that the restrictions set out in this clause 8 are no greater than is necessary for the
protection of the interests of the Company and any Affiliate, nevertheless in the event that any of the said restrictions be adjudged to be invalid or unenforceable by any court of competent jurisdiction but would be adjudged fair and reasonable if
any part of the wording thereof were amended, modified, deleted or reduced in scope, then this clause 8 shall apply with such amendments, modifications, deletions and reductions in scope as may be necessary to make them valid and effective.

  

	8.6	Nothing contained in this clause 8 shall act to prevent the Executive from using generic skills learnt while employed by the Company in any business or activity which
is not in competition with the Company or Group. 

  
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	8.7	The Executive acknowledges that he is subject to a separate but identical restriction in the Contract of Employment, which shall run in parallel with the restriction
contained in this Agreement and accepts that in the event that the restriction contained in this Agreement does not apply to him, or is deemed by a court of competent jurisdiction not to apply to him, that the restrictions contained in the Contract
of Employment shall continue to apply. 

  

	8.8	Return of Company and Group Property. 

 Upon a Termination of Employment Executive will deliver to the person designated by the Company all originals and copies of all documents and property of the Company and / or Group in Executive’s
possession, under Executive’s control, or to which Executive may have access. The Executive will not reproduce or appropriate for Executive’s own use, or for the use of others, any Confidential Information. 

 

	9.	Cooperation. 

 Upon Termination
of Employment, Executive shall reasonably cooperate with the Company, and / or the Group, and their officers, employees, agents, Affiliates and lawyers in the defense or prosecution of any lawsuit, dispute, investigation or other legal proceedings
or any preparation for any such disputes or proceedings that may be anticipated or threatened (“Proceedings”). Executive shall reasonably cooperate with the Company, and / or the Group, and their officers, employees, agents, Affiliates and
attorneys on any other matter (“Matters”) related to Company and/or Group business (specifically to include Teleflex Medical Incorporated and Arrow International, Inc. business) during the period in which Executive is employed by the
Company. Executive shall reasonably cooperate with the Company, and / or Group and their, officers, employees, agents, affiliates and lawyers in responding to any form of media inquiry or in making any form of public comment related to the
Executive’s employment, including, but not limited to, the Executive’s separation from the Company. Such cooperation shall include providing true and accurate information or documents concerning, or affidavits or testimony about, all or
any matters at issue in any Proceedings/Matters as shall from time to time be reasonably requested by the Company and / or Group, and shall be within Executive’s knowledge. Such cooperation shall be provided by Executive without remuneration,
but Executive shall be entitled to reimbursement for all reasonable vouched and appropriate expenses Executive incurs in so cooperating, including (by way of example not by way of limitation) reasonable airplane fares, hotel accommodations, meal
charges and other similar expenses to attend Proceedings/Matters outside of the island of Ireland. In the event Executive is made aware of any issue or matter related to the Company and / or Group, is asked by a third party to provide information
regarding the Company and / or Group, or is called other than by the Company as a witness to testify in any matter related to the Company and / or Group, Executive will notify the Company immediately in order to give the Company a reasonable
opportunity to respond and / or participate in such Proceeding/Matter, unless Executive is requested or required not to do so by law enforcement, or any other governmental agency or authority. 

  
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	10.	Equitable and Other Relief; Consent to Jurisdiction of Irish Courts 

  

	(a)	Executive acknowledges that the restrictions contained in this Agreement are reasonable and necessary to protect the legitimate interests of the Company, the Group and
its Affiliates, that the Company would not have entered into this Agreement in the absence of such restrictions, and that any violation of any provision of these restrictions will result in irreparable injury to the Company and / or Group. Executive
represents and acknowledges that (i) Executive has been advised by the Company to consult Executive’s own legal counsel in respect of this Agreement and (ii) Executive has had full opportunity, prior to execution of this Agreement, to
review thoroughly this Agreement with Executive’s counsel. 

  

	(b)	Executive agrees that the Company and / or Group shall be entitled to preliminary and permanent injunctive relief, without the necessity of proving actual damages, as
well as an equitable accounting of all earnings, profits and other benefits arising from any violation of this Agreement, which rights shall be cumulative and in addition to any other rights or remedies to which the Company and / or Group may be
entitled under applicable law. Without limiting the foregoing, Executive also agrees that payment of the compensation and benefits payable under Section 3 may be automatically ceased in the event of a breach of the covenants of Sections 7 or 8
in particular. 

  

	11.	No Obligation to Mitigate Company’s Obligations 

 Executive will not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit
provided for herein be reduced by any compensation earned by other employment or otherwise, except to the extent provided in Subsections 3(f) and 3(g). 
  

	14.	Deductions or Set-Offs. 

 The
Company reserves the right to make deductions in respect of all sums from time to time owed by you to the Company or any Affiliate, from your pay, bonus, allowances, expenses, or from any amounts which may be due to you by the Company pursuant to
this Agreement. By your agreeing to the terms and conditions set out in this letter you consent to the deduction of such sums. 
  

	15.	Notices 

 Save where otherwise
required by law, all notices and other communications given pursuant to or in connection with this Agreement shall be in writing and delivered (which may be by telefax or other electronic transmission) to a party at the following address, or to such
other address as such party may hereafter specify by notice to the other party: 

  
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 If to the Company, to: 
 Teleflex Medical Europe Ltd. 
 Garrycastle Business & Technology Park

 Athlone 
 Co. Westmeath, Ireland 
 Attention: General Counsel 

If to Executive, to: 
 Liam
Kelly 
 [ADDRESS INTENTIONALLY DELETED] 
  

	16.	Governing Law and Jurisdiction 

This Agreement shall be governed by and construed in accordance with the laws of Ireland and the courts of Ireland shall have exclusive
jurisdiction to deal with all disputes arising from or touching upon this Agreement. 
  

	17.	Parties in Interest 

 This
Agreement, including specifically the covenants of Sections 7 and 8, will be binding upon and inure to the benefit of the parties and their respective heirs, successors and assigns. 

 

	18.	Entire Agreement 

 This Agreement
and the Executive Change In Control Severance Agreement contain the entire agreement between the parties with respect to the right of Executive to receive severance compensation upon the termination of his Employment, and such Agreements supersede
any prior agreements or understandings between the parties relating to the subject matter of the Executive Change In Control Severance Agreement or this Agreement. 
 Where the Executive receives any benefit or payment provided for under this Agreement, he shall not be entitled to any benefit under the Executive Change In Control Severance Agreement and vice versa.
Under no circumstances may he be entitled to receive payment under both agreements. 
  

	19.	Amendment or Modification 

 No
amendment or modification of or supplement to this Agreement will be effective unless it is in writing and duly executed by the party to be charged thereunder. 
  

	20.	Construction 

  
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 The following principles of construction will apply to this Agreement: 

 

	 	(a)	Unless otherwise expressly stated in connection therewith, a reference in this Agreement to a “Section,” “Exhibit” or “party” refers to a
Section of, or an Exhibit or a party to, this Agreement. 

  

	 	(b)	The word “including” means “including without limitation.” 

 

	21.	Headings and Titles 

 The
headings and titles of Sections and the like in this Agreement are inserted for convenience of reference only, form no part of this Agreement and shall not be considered for purposes of interpreting or construing any provision hereof. 

EXECUTED as of the date first above written 

TELEFLEX MEDICAL EUROPE LTD. 
  

			
	 By: /s/ Gerard McCaffrey

	 Name: Gerard McCaffrey
 Title: Director and Secretary

 EXECUTIVE: 
  

	
	/s/ Liam Kelly
	Liam Kelly

  
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 EXHIBIT A 

GENERAL RELEASE 
 1. I,
Liam Kelly, for and in consideration of certain payments to be made and the benefits to be provided to me under the Senior Executive Officer Severance Agreement, dated as of July    2012 (the “Agreement”) between me and
TELEFLEX MEDICAL EUROPE MEDICAL LIMITED (the “Company”) and conditioned upon such payments and provisions, do hereby REMISE, RELEASE, AND FOREVER DISCHARGE the Company, the Group and each of its past or present subsidiaries and affiliates,
its and their past or present officers, directors, stockholders, employees and agents, their respective successors and assigns, heirs, executors and administrators, the pension and employee benefit plans of the Company, the Group or of its past or
present subsidiaries or affiliates, and the past or present trustees, administrators, agents, or employees of the pension and employee benefit plans (hereinafter collectively included within the term the “Company”), acting in any capacity
whatsoever, of and from any and all manner of actions and causes of action, suits, debts, claims and demands whatsoever in law or in equity, which I ever had, now have, or hereafter may have, or which my heirs, executors or administrators hereafter
may have, by reason of any matter, cause or thing whatsoever from the beginning of my employment with the Company to the date of these presents and particularly, but without limitation of the foregoing general terms, any claims arising from or
relating in any way to my employment relationship and the termination of my employment relationship with the Company, including but not limited to, any claims which have been asserted, could have been asserted, or could be asserted now or in the
future under any local law, including any claims and for the avoidance of doubt, I waive and compromise any claim I may have against the Company or the Group arising out of the constitution, contract, common law, in equity, statute (in particular,
but not limited to the Unfair Dismissals Acts 1977–2007, the Minimum Notice and Terms of Employment Acts 1973–2007, the Organisation of Working Time Act 1997, the Redundancy Payments Acts 1967–2007, the Terms of Employment
(Information) Acts 1994–2001, the Payment of Wages Act 1991, the Maternity Protection Acts 1994-2004 and the National Minimum Wage Act 2000, the Safety Health and Welfare at Work Act 2005, the Employment Equality Acts 1998-2008, the Protection
of Employment Act 1977, the Employees (Provision of Information and Consultation) Act 2006, the Protection of Employees (Part-Time) Work Act 2001, the Protection of Employees (Fixed-Term) Work Act 2003, the Adoptive Leave Acts 1995-2005, the
Carer’s Leave Act 2001, the Data Protection Acts 1988-2003, the European Communities (Protection of Employees on Transfer of Undertakings) Regulations 2003, the Industrial Relations Acts 1948-2004, the Parental Leave Acts 1998 and 2006), the
common law or otherwise all as amended, and all claims for counsel fees and costs; provided, however, that this Release shall not apply to any entitlements under the terms of the Agreement or under the Company and / or Group plans [to be named
and listed exhaustively, subject to clause 6 of the main agreement] in which I participated and under which I have accrued and become entitled to a benefit (including indemnification and / or reimbursement to the extent provided under the
Company’s Certificate of Incorporation, bylaws or applicable insurance policies) based on my actual service with the Company other than under any Company separation or severance plan or programs. 

 Finally, I waive and compromise any claim to take a personal injuries claim against the Company, the Group,
any director, member or employee. 
 2. Subject to the limitations of paragraph 1 above, I expressly waive all rights afforded by any statute
which expressly limits the effect of a release with respect to unknown claims. I understand the significance of this release of unknown claims and the waiver of statutory protection against a release of unknown claims. 

3. I hereby agree and recognize that my employment by the Company was permanently and irrevocably severed on
                    , 2        . I also hereby agree and recognize that I have resigned from my position as a
member of the Board of Directors of the Company, the Group as well as its subsidiaries and affiliates, on                     ,
2        . The Company and the Group have no obligation, contractual or otherwise to me to hire, rehire or reemploy me in the future. I acknowledge that the terms of the Agreement provide me with payments and
benefits which are in addition to any amounts to which I otherwise would have been entitled. 
 4. I hereby agree and acknowledge that the
payments and benefits provided to me by the Company are to bring about an amicable resolution of my employment arrangements and are not to be construed as an admission of any violation of any law, or of any duty owed by the Company and that the
Agreement was, and this Release is, executed voluntarily to provide an amicable resolution of my employment relationship with the Company. 
 5.
I hereby acknowledge that nothing in this Release shall prohibit or restrict me from: making any disclosure of information required by law or as directed by the Company. In addition, I understand that each of the parties hereto (and each employee,
representative, or other agent of such parties) may disclose to any person, without limitation of any kind, the income tax treatment and tax structure of the transactions contemplated hereby and all materials (including opinions or other tax
analyses) that are provided to such party relating to such tax treatment and tax structure. 
 6. I hereby certify that I have read the terms of
this Release, that I have been advised by the Company to discuss it with my solicitor, that I have received the advice of counsel and that I understand its terms and effects. I acknowledge, further, that I am executing this Release of my own
volition with a full understanding of its terms and effects and with the intention of releasing all claims recited herein in exchange for the consideration described in the Agreement, which I acknowledge is adequate and satisfactory to me. None of
the above named parties, nor their agents, representatives or attorneys have made any representations to me concerning the terms or effects of this Release other than those contained herein. 

 7. I hereby further acknowledge that the terms of Sections 7 and 8 of the Agreement shall continue to apply
for the balance of the time periods provided therein and that I will abide by and fully perform such obligations. I further acknowledge that the payment due to me during the Severance Compensation Period are strictly subject to my compliance (to the
reasonable satisfaction of the Company) with the terms of this Agreement, but in particular Sections 7 and 8. 
 8. This Release may be executed
in one or more counterparts, including by facsimile signature, each of which shall be deemed to be an original, but all of which shall be considered one and the same instrument. 
 Intending to be legally bound hereby, the Company and I execute the foregoing Release as a Deed this
                    day of                     ,
20        . 
 PRESENT when the Common Seal of 
 TELEFLEX MEDICAL EUROPE LIMITED. 
 was affixed hereto: 

 

			
	  
	 	
		
	Director	 	
		
	  
	 	
		
	Director / Company Secretary	 	
		
	 SIGNED and DELIVERED by Liam Kelly
 in the presence of:
	 	
                         
                                         
                                        

  

			
		
	Witness signature:        	 	  

		
	Witness name :	 	  

		
	Witness address:Executive Change in Control Agreement

 Exhibit 10.3 
 EXECUTIVE CHANGE IN CONTROL AGREEMENT 
 This Executive Change
In Control Agreement made as of the 30th day of July,
2012, by and between Teleflex Incorporated (the “Company”) and Liam Kelly (“Employee”). 
 WHEREAS, Employee
is employed as an executive of Teleflex Medical Europe Ltd., a wholly-owned subsidiary of the Company; and 
 WHEREAS, the Board
of Directors of the Company believes that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of Employee without distraction, notwithstanding that the Company could be subject to a Change of Control,
and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company; and 

WHEREAS, in consideration for Employee agreeing to continue in employment with the Company and agreeing to keep Company information
confidential, the Company agrees that Employee shall receive the compensation set forth in this Agreement in the event Employee’s employment is terminated without Cause, upon or after a Change of Control; 

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter set forth and intending to be
legally bound hereby, the parties hereto agree as follows: 
 1. Definitions. 

“Base Salary” shall mean the highest base rate of salary being paid to Employee in all capacities with the Company,
together with any and all salary reduction authorized amounts under any of the Company’s benefit plans or programs, at the time of the Change of Control or any time thereafter. 

“Benefit Period” shall mean the period beginning on Employee’s Termination Date and ending on the first to occur of
(a) the 21-month anniversary of the Commencement Date or (b) the first date on which Employee is employed by another employer and is eligible to participate in a health plan of Employee’s new employer. 

“Board” shall mean the board of directors of the Company. 

“Bonus Plan” shall mean a plan of the Company providing for the payment of a cash bonus to Employee. 

“Cause” shall mean (a) misappropriation of funds, (b) conviction of a crime involving moral turpitude, or
(c) gross negligence in the performance of duties, which gross negligence has had a material adverse effect on the business, operations, assets, properties or financial condition of the Company and its subsidiaries taken as a whole. 

 “Commencement Date” shall mean the first day of the seventh month beginning
after Employee’s Termination Date. 
 “Change of Control” shall mean one of the following shall have taken
place after the date of this Agreement: 
 (a) any “person” (as such term is used in Sections 13(d) or 14(d) of the
Exchange Act) (other than the Company, any majority controlled subsidiary of the Company, or the fiduciaries of any Company benefit plans) becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or
indirectly, of 20% or more of the total voting power of the voting securities of the Company then outstanding and entitled to vote generally in the election of directors of the Company; provided, however, that no Change of Control shall occur upon
the acquisition of securities directly from the Company; 
 (b) individuals who, as of the beginning of any 24 month period,
constitute the Board (as of the date hereof the “Incumbent Board”) cease for any reason during such 24 month period to constitute at least a majority of the Board, provided that any individual becoming a director subsequent to the date
hereof whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of
the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office is in connection with an actual or threatened election contest relating to the election of the directors of the Company; 

(c) consummation of (i) a merger, consolidation or reorganization of the Company, in each case, with respect to which all or
substantially all of the individuals and entities who were the respective beneficial owners of the voting securities of the Company immediately prior to such merger, consolidation or reorganization do not, following such merger, consolidation or
reorganization, beneficially own, directly or indirectly, at least 65% of the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors of the entity or entities resulting from such
merger, consolidation or reorganization, (ii) a complete liquidation or dissolution of the Company or (iii) a sale or other disposition of all or substantially all of the assets of the Company, unless at least 65% of the combined voting
power of the then outstanding voting securities entitled to vote generally in the election of directors of the entity or entities that acquire such assets are beneficially owned by individuals or entities who or that were beneficial owners of the
voting securities of the Company immediately before such sale or other disposition; or 
 (d) consummation of any other
transaction determined by resolution of the Board to constitute a Change of Control. 

  
 2 

 “Component Target Amount” shall have the meaning specified therefor in the
definition of “Target Bonus” in this Section 1. 
 “Disability” shall mean Employee’s
continuous illness, injury or incapacity for a period of six consecutive months. 
 “Exchange Act” shall mean
the Securities Exchange Act of 1934, as amended. 
 “Performance Period” applicable to any Target Amount under
a Bonus Plan shall mean the period of time in which the performance goals applicable to the determination of cash bonus awards pursuant to such Bonus Plan are measured. 
 “Target Amount” in respect of a bonus payable to Employee pursuant to any Bonus Plan shall mean the amount specified in the Company’s records pertaining to such Bonus Plan as the
“target amount” of cash bonus which would be payable to Employee if specified conditions were fulfilled. 

“Target Bonus” shall mean the sum of the Target Amounts (each a “Component Target Amount”) which would be
payable in the year immediately following the Termination Year pursuant to all Bonus Plans if all of the conditions for the payment of each Component Target Amount were fulfilled, without regard to whether such conditions are actually fulfilled;
provided that, if a Target Amount has not been determined for any such Bonus Plan on or before the Termination Date, the Target Amount for such Bonus Plan which would have been payable in the Termination Year shall be substituted for such
undetermined Target Amount in the foregoing calculation of the “Target Bonus.” 
 “Termination Date”
shall mean the date of receipt of the Notice of Termination described in Section 2 hereof or any later date specified therein as the effective date of Employee’s Termination of Employment, as the case may be. 

“Termination of Employment” shall be determined to have occurred on the Termination Date specified in the Notice of
Termination delivered to Employee as specified in Section 2 of this Agreement. 
 “Termination following a Change
of Control” shall mean a Termination of Employment initiated by the Company for any reason other than Disability or Cause, upon or within two years after a Change of Control. 

“Termination Year” shall mean the year in which Employee’s Termination Date occurs. 

2. Notice of Termination. Any Termination of Employment shall be communicated by a Notice of Termination to the other party hereto
given in accordance with Section 13 hereof. For purposes of this Agreement, a “Notice of Termination” 

  
 3 

 means a written notice which (a) indicates the specific reasons for the termination, (b) briefly
summarizes the facts and circumstances deemed to provide a basis for termination of Employee’s employment, and (c) specifies the Termination Date (which date shall not be less than three (3) months after the giving of such notice).

 3. Compensation upon Termination following a Change of Control. Subject to the provisions of subsection (d) below
and Sections 4 and 5 hereof, in the event of Employee’s Termination following a Change of Control, Employee shall be entitled to receive the following payments and benefits from the Company: 

(a) Employee shall receive payment of Employee’s unpaid base salary earned through the Termination Date, payable in accordance with
the Company’s normal payroll schedule and payroll practices in effect as of the Termination Date, subject to all applicable withholdings and deductions. 
 (b) If a bonus awarded to Employee pursuant to any Bonus Plan for payment in the Termination Year shall not have been paid to Employee, Employee shall receive the amount of such award within 15 days after
the Termination Date. If no such bonus shall have been awarded to Employee under any Bonus Plan, on the Commencement Date Employee shall receive a lump sum cash payment in the amount of the sum of the Target Amounts under each such Bonus Plan
referred to in the immediately preceding sentence which would have been payable to Employee in the Termination Year. 
 (c) On
the Commencement Date, Employee shall receive a lump sum cash payment equal to the sum of (i) a pro-rated amount of the Target Bonus, (ii) the amount (if any) paid by Employee for health care continuation coverage for the period from the
Termination Date to the date of such lump sum payment and (iii) in the event the Employee was a participant in such plan prior to the Termination Date, the Employer Non-Elective Contributions with which Employee would have been credited under
the Teleflex Incorporated Deferred Compensation Plan (“Deferred Compensation Plan”) for each of the next two (2) plan years following the plan year which includes the Termination Date, assuming that Employee’s Compensation and
Bonus, as those terms are defined in the Deferred Compensation Plan, for each of the two (2) plan years immediately following the plan year which includes the Termination Date are the same as Employee’s Compensation and Bonus for the plan
year which includes the Termination Date. The pro-rated Target Bonus shall be computed by multiplying the Target Bonus by a fraction (i) the numerator of which is the number of days in each year of the Performance Period applicable to such
Component Target Amount reduced by the number of days in the Termination Year following the Termination Date and (ii) the denominator of which is the number of days in the Performance Period. 

(d) Beginning with the Commencement Date, Employee shall receive the following: 

(i) Employee shall receive an amount equal to twenty-one (21) months of Employee’s Base Salary (the “Base Salary Severance

  
 4 

 
Amount”), which shall be divided into 21 equal monthly installments and paid as follows: (A) on the Commencement Date an amount equal to the first seven monthly installments and
(B) an additional monthly installment on the first day of each month thereafter for the next fourteen months. 
 (ii)
Employee shall receive an amount equal to the Target Bonus on each of the six-month and eighteen-month anniversaries of the Commencement Date. The amount paid on each such date shall be paid in the form of a single lump sum cash payment. 

(iii) The Company shall continue to provide health and dental benefits under the Company’s then-current health and dental plans for
Employee and Employee’s spouse and eligible dependents during the balance of the Benefit Period on the same basis as if Employee had continued to be employed during that period. Notwithstanding the preceding, if Employee and Employee’s
spouse and eligible dependents are not eligible to continue coverage under the Company’s health and/or dental plan(s), the Company will reimburse Employee in cash on the last day of each month during the Benefit Period (or balance thereof) an
amount based on the cost actually paid by Employee for that month to maintain health and/or dental insurance coverage from commercial sources that is comparable to the health and/or dental coverage Employee last elected as an employee for Employee
and Employee’s spouse and eligible dependents under the Company’s health and/or dental plan(s) covering Employee, where the net monthly reimbursement after taxes are withheld will equal the Company’s portion of the cost paid by
Employee for that month’s coverage determined in accordance with the Company’s policy then in effect for employee cost sharing, on substantially the same terms as would be applicable to an executive officer of the Company. 

(iv) The Company shall reimburse Employee for the cost of outplacement assistance services incurred by Employee up to a maximum of
$20,000, which shall be provided by an outplacement agency selected by Employee. The Company shall reimburse Employee within 15 days following the date on which the Company receives proof of payment of such expense, which proof must be submitted no
later than December 1st of the calendar year after the calendar year in which the expense was incurred. Notwithstanding the foregoing, Executive shall only be entitled to reimbursement for those outplacement service costs incurred by Executive
on or prior to the last day of the second year following the Termination Year. 
 (e) If Employee was provided with the use of
an automobile as of the Termination Date, Employee may continue to use such automobile during the Benefit Period. If Employee received a cash vehicle allowance as of the Termination Date, the Company shall pay Employee a cash vehicle allowance
during the Benefit Period equal to what it would cost Employee to lease the vehicle utilized by Employee immediately 

  
 5 

 
prior to the Termination Date, calculated by assuming that the lease is a three (3) year closed-end lease. The allowance shall generally be paid in equal monthly payments; provided, however,
that payment of the monthly payments shall not begin until the Commencement Date. On the Commencement Date, Employee shall receive a lump sum cash payment equal to the sum of the monthly payments that would have been paid between the Termination
Date and Commencement Date plus the monthly payment for the month in which the Commencement Date occurs. The Company will pay the remaining monthly payments on the first day of each month following the Commencement Date. 

(f) All Company stock options and restricted stock held by Employee as of Employee’s Termination Date that have not previously
become vested and exercisable shall immediately become fully vested and exercisable as of the date immediately preceding the Termination Date, and any stock option or restricted stock awards under which such stock options or restricted stock are
granted are hereby amended, effective the later of the date of this Agreement or the date of such award, to so provide. 
 (g)
As a condition to the obligation of the Company to pay compensation and provide benefits under this Agreement, the Company shall have received from Employee immediately following the Termination Date a written waiver and release of claims against
the Company substantially in the form attached hereto as Exhibit A (but subject to any necessary adjustments reasonably determined by the Company to be necessary to comply with applicable laws and regulations in effect as of Employee’s
Termination Date) executed by Employee (the “Release”). If Employee fails to execute the Release, no payments or benefits shall thereafter be made or provided to Employee pursuant to this Agreement. 

4. Confidential Information. Employee recognizes and acknowledges that, by reason of Employee’s employment by and service to
the Company, Employee has had and will continue to have access to confidential information of the Company and its affiliates, including, without limitation, information and knowledge pertaining to products and services offered, innovations, designs,
ideas, plans, trade secrets, proprietary information, distribution and sales methods and systems, sales and profit figures, customer and client lists, and relationships between the Company and its affiliates and other distributors, customers,
clients, suppliers and others who have business dealings with the Company and its affiliates (“Confidential Information”). Employee acknowledges that such Confidential Information is a valuable and unique asset of the Company, and Employee
covenants that Employee will not, either during or after Employee’s employment by the Company, disclose any such Confidential Information to any person for any reason whatsoever without the prior written authorization of the Company, unless
such information is in the public domain through no fault of Employee or except as may be required by law or in a judicial or administrative proceeding. Notwithstanding anything to the contrary herein, each of the parties hereto (and each employee,
representative, or other agent of such parties) may disclose to any person, without limitation of any kind, the federal income tax treatment and federal income tax structure of the transactions contemplated hereby and all materials (including
opinions or other tax analyses) that are provided to such party relating to such tax treatment and tax structure. 

  
 6 

 5. Equitable Relief. 

(a) Employee acknowledges that the restrictions contained in Section 4 hereof are reasonable and necessary to protect the legitimate
interests of the Company and its affiliates, that the Company would not have entered into this Agreement in the absence of such restrictions, and that any violation of any provision of that Section will result in irreparable injury to the Company.
Employee represents and acknowledges that (i) Employee has been advised by the Company to consult Employee’s own legal counsel in respect of this Agreement, and (ii) Employee has had full opportunity, prior to execution of this
Agreement, to review thoroughly this Agreement with Employee’s counsel. 
 (b) Employee agrees that the Company shall be
entitled to preliminary and permanent injunctive relief, without the necessity of proving actual damages, as well as an equitable accounting of all earnings, profits and other benefits arising from any violation of Section 4 hereof, which
rights shall be cumulative and in addition to any other rights or remedies to which the Company may be entitled. Without limiting the foregoing, Employee also agrees that payment of the compensation and benefits payable under Section 3 of this
Agreement may be automatically ceased in the event of a material breach of the covenants of Section 4, provided the Company gives Employee written notice of such breach, detailing the activity of Employee that constitutes a material breach, and
Employee fails to cease such activity within 15 days after Employee’s receipt of such written notice. In the event that any of the provisions of Section 4 hereof should ever be adjudicated to exceed the time, geographic, service, or other
limitations permitted by applicable law in any jurisdiction, then such provisions shall be deemed reformed in such jurisdiction to the maximum time, geographic, service, or other limitations permitted by applicable law. 

(c) Employee irrevocably and unconditionally (i) agrees that any suit, action or other legal proceeding arising out of
Section 4 hereof, including without limitation, any action commenced by the Company for preliminary and permanent injunctive relief or other equitable relief, may be brought in a United States District Court in Pennsylvania, or if such court
does not have jurisdiction or will not accept jurisdiction, in any court of general jurisdiction in or around Philadelphia, Pennsylvania, (ii) consents to the non-exclusive jurisdiction of any such court in any such suit, action or proceeding,
and (iii) waives any objection which Employee may have to the laying of venue of any such suit, action or proceeding in any such court. Employee also irrevocably and unconditionally consents to the service of any process, pleadings, notices or
other papers in a manner permitted by the notice provisions of Section 13 hereof. 
 6. Other Payments and
Indemnification. The payments due under Section 3 hereof shall be in addition to and not in lieu of any payments or benefits due to Employee under any other plan, policy or program of the Company except as provided under Section 15(a)
and except that no cash payments shall be paid to Employee under any 

  
 7 

 
severance plan of the Company that are due and payable solely as a result of a Change of Control. In addition, Employee shall continue to be covered by any policy of insurance providing
indemnification rights for service as an officer and director of the Company and to all other rights to indemnification provided by the Company, in each case at least as favorable as applicable to Employee on the date of this Agreement. 

Where the Executive receives any benefit or payment provided for under this Agreement, he shall not be entitled to any benefit under the Senior Executive
Officer Severance Agreement and vice versa. Under no circumstances may he be entitled to receive payment under both agreements. 

7. Enforcement. It is the intent of the parties that Employee not be required to incur any expenses associated with the
enforcement of Employee’s rights under this Agreement by arbitration, litigation or other legal action, because the cost and expense thereof would substantially detract from the benefits intended to be extended to Employee hereunder.
Accordingly, the Company shall pay Employee on demand the amount necessary to reimburse Employee in full for all expenses (including all attorneys’ fees and legal expenses) incurred by Employee in enforcing any of the obligations of the Company
under this Agreement, unless the lawsuit brought by Employee is determined wholly or substantially in the Company’s favor. The Company shall reimburse Employee for expenses under this Section 7 no later than the end of the calendar year
next following the calendar year in which such expenses were incurred. The Company shall not be obligated to pay any such expenses for which Employee fails to make a demand and submit an invoice or other documented reimbursement request at least 10
business days before the end of the calendar year next following the calendar year in which such expenses were incurred. The amount of such expenses that the Company is obligated to pay in any given calendar year shall not affect the expenses that
the Company is obligated to pay in any other calendar year. Employee’s right to have the Company pay the expenses may not be liquidated or exchanged for any other benefit. 

8. No Mitigation. Employee shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement
by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for herein be reduced by any compensation earned by other employment or otherwise. 

9. Deductions or Set-Offs. The Company reserves the right to make deductions in respect of all sums from time to time owed by
Employee to the Company or any Associated Company, from Employee’s pay, bonus, allowances, expenses, or from any amounts which may be due to Employee by the Company pursuant to this Agreement. By agreeing to the terms and conditions set out in
this Agreement Employee consents to the deduction of such sums. 
 10. Taxes. Any payments required under this Agreement
shall be subject to applicable tax withholding. 
 11. Term of Agreement. The term of this Agreement shall be for three
years from the date hereof and shall be automatically renewed for successive one-year periods 

  
 8 

 
unless the Company notifies Employee in writing that this Agreement will not be renewed at least 60 days prior to the end of the current term; provided, however, that (i) this Agreement
shall remain in effect for at least two years after a Change of Control occurring during the term of this Agreement and shall remain in effect until all of the obligations of the parties hereunder are satisfied, and (ii) this Agreement shall
terminate if, prior to but not in contemplation of a Change of Control, the employment of Employee with the Company and its affiliates shall terminate for any reason. 
 12. Successor Company. The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the
business or assets of the Company, by agreement in form and substance satisfactory to Employee, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company in accordance with the terms hereof, and to become
jointly and severally obligated with the Company to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession or successions had taken place. Failure of the Company to obtain
such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein before defined and any such successor or successors to its business or
assets, jointly and severally. 
 13. Notice. All notices and other communications required or permitted hereunder or
necessary or convenient in connection herewith shall be in writing and shall be delivered personally or mailed by registered or certified mail, return receipt requested, or by overnight express courier service, as follows: 

If to the Company, to: 
 Teleflex Incorporated 
 155 S. Limerick Rd. 

Limerick, PA 19468 
 Attn: General Counsel 
 If to Employee, to: 

Liam Kelly 

[ADDRESS INTENTIAONALLY DELETED] 
 or to such other names or addresses as the Company or Employee, as the case may be, shall designate by notice to the other party hereto in the manner specified in this Section; provided, however, that if
no such notice is given by the Company following a Change of Control, notice at the last address of the Company or to any successor pursuant to Section 13 hereof shall be deemed sufficient for the purposes hereof. Any such notice shall be
deemed delivered and effective when received in the case of personal delivery, five days after deposit, postage prepaid, with the U.S. Postal Service in the case of registered or certified mail, or on the next business day in the case of overnight
express courier service. 

  
 9 

 14. Governing Law. This Agreement shall be governed by and interpreted under the laws
of the Commonwealth of Pennsylvania without giving effect to any conflict of laws provisions. 
 15. Contents of Agreement,
Amendment and Assignment. 
 (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between
the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Employee and approved by the Board and executed on the Company’s behalf by a duly
authorized officer; provided, however, that except as stated in Section 6 above, this Agreement is not intended to supersede or alter Employee’s rights under any compensation, benefit plan or program, unless specifically modified
hereunder, in which Employee participated and under which Employee retains a right to benefits. The provisions of this Agreement may provide for payments to Employee under certain compensation or bonus plans under circumstances where such plans
would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, to the extent that the provisions of this Agreement are more
favorable to Employee than the terms of such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board. 

(b) Nothing in this Agreement shall be construed as giving Employee any right to be retained in the employ of the Company and/or any
subsidiary of the Company. 
 (c) All of the terms and provisions of this Agreement, including the covenants of Section 4,
shall be binding upon and inure to the benefit of and be enforceable by the respective heirs, representatives, successors and assigns of the parties hereto. 
 16. Severability. If any provision of this Agreement or application thereof to anyone or under any circumstances shall be determined to be invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provisions or applications of this Agreement which can be given effect without the invalid or unenforceable provision or application. 

17. Remedies Cumulative; No Waiver. No right conferred upon Employee by this Agreement is intended to be exclusive of any other
right or remedy, and each and every such right or remedy shall be cumulative and shall be in addition to any other right or remedy given hereunder or now or hereafter existing at law or in equity. No delay or omission by Employee in exercising any
right, remedy or power hereunder or existing at law or in equity shall be construed as a waiver thereof, including, without limitation, any delay by Employee in delivering a Notice of Termination pursuant to Section 2 hereof after an event has
occurred which would, if Employee had resigned, have constituted a Termination following a Change of Control pursuant to Section 1 of this Agreement. 

  
 10 

 18. Miscellaneous. All section headings are for convenience only. This Agreement may
be executed in several counterparts, each of which is an original. It shall not be necessary in making proof of this Agreement or any counterpart hereof to produce or account for any of the other counterparts. 

19. Construction. The word “including” means “including without limitation.” 

IN WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed this Agreement as of the date first above written.

  

			
	Teleflex Incorporated
		
	By:	 	/s/ Laurence G. Miller
	 Name:
 Title:
	 	 Laurence G. Miller

Executive Vice President,
 Chief Administrative
Officer,
 General Counsel & Secretary

  

	
	
	
                    
    /s/ Liam Kelly

	Liam Kelly

  
 11 

 EXHIBIT A 

GENERAL RELEASE 
 1. I,                     , for and in consideration of certain payments to be made and the benefits to
be provided to me under the Executive Change In Control Agreement, dated as of                     (the “Agreement”) with Teleflex
Incorporated (the “Company”) and conditioned upon such payments and provisions, do hereby REMISE, RELEASE, AND FOREVER DISCHARGE the Company and each of its past or present subsidiaries and affiliates, its and their past or present
officers, directors, stockholders, employees and agents, their respective successors and assigns, heirs, executors and administrators, the pension and employee benefit plans of the Company, or of its past or present subsidiaries or affiliates, and
the past or present trustees, administrators, agents, or employees of the pension and employee benefit plans (hereinafter collectively included within the term the “Company”), acting in any capacity whatsoever, of and from any and all
manner of actions and causes of actions, suits, debts, claims and demands whatsoever in law or in equity, which I ever had, now have, or hereafter may have, or which my heirs, executors or administrators hereafter may have, by reason of any matter,
cause or thing whatsoever from the beginning of my employment with the Company to the date of these presents and particularly, but without limitation of the foregoing general terms, any claims arising from or relating in any way to my employment
relationship and the termination of my employment relationship with the Company and/or any Associated Company, including but not limited to, any claims which have been asserted, could have been asserted, or could be asserted now or in the future
under the constitution, contract, common law, in equity, statute (in particular, but not limited to the Unfair Dismissals Acts 1977–2007, the Minimum Notice and Terms of Employment Acts 1973–2007, the Organisation of Working Time Act 1997,
the Redundancy Payments Acts 1967–2007, the Terms of Employment (Information) Acts 1994–2001, the Payment of Wages Act 1991, the Maternity Protection Acts 1994-2004 and the National Minimum Wage Act 2000, the Safety Health and Welfare at
Work Act 2005, the Employment Equality Acts 1998-2008, the Protection of Employment Act 1977, the Employees (Provision of Information and Consultation) Act 2006, the Protection of Employees (Part-Time) Work Act 2001, the Protection of Employees
(Fixed-Term) Work Act 2003, the Adoptive Leave Acts 1995-2005, the Carer’s Leave Act 2001, the Data Protection Acts 1988-2003, the European Communities (Protection of Employees on Transfer of Undertakings) Regulations 2003, the Industrial
Relations Acts 1948-2004, the Parental Leave Acts 1998 and 2006, as well as the Pennsylvania Human Relations Act, 43 Pa. C.S.A. §§951 et seq., the Rehabilitation Act of 1973, 29 USC §§701 et seq., Title VII of the
Civil Rights Act of 1964, 42 USC §§2000e et seq., the Civil Rights Act of 1991, 2 USC §§60 et seq., the Age Discrimination in Employment Act of 1967, 29 USC §§621 et seq., the Americans with
Disabilities Act, 29 USC §§706 et seq., and the Employee Retirement Income Security Act of 1974, 29 USC §§301 et seq.), the common law or otherwise all as amended, and all claims for counsel fees and costs, any
contracts between the Company and me and any common law claims now or hereafter recognized and all claims for counsel fees and costs; provided, however, that this Release shall not apply to any entitlements under the terms of the

  
 A-1

 
Agreement or under any other plans or programs of the Company in which I participated and under which I have accrued and become entitled to a benefit other than under any Company separation or
severance plan or programs. Finally, I waive and compromise any claim to take a personal injuries claim against the Company, the Group, any director, member or employee. 
 2. Subject to the limitations of paragraph 1 above, I expressly waive all rights afforded by any statute which expressly limits the effect of a release with respect to unknown claims. I understand the
significance of this release of unknown claims and the waiver of statutory protection against a release of unknown claims. 
 3.
I hereby agree and recognize that my employment was permanently and irrevocably severed on                     ,
20        and the Company and its subsidiaries have no obligation, contractual or otherwise to me to hire, rehire or reemploy me in the future. I acknowledge that the terms of the Agreement provide me with
payments and benefits which are in addition to any amounts to which I otherwise would have been entitled. 
 4. I hereby agree
and acknowledge that the payments and benefits provided by the Company are to bring about an amicable resolution of my employment arrangements and are not to be construed as an admission of any violation of any federal, state or local statute or
regulation, or of any duty owed by the Company and that the Agreement was, and this Release is, executed voluntarily to provide an amicable resolution of my employment relationship with the Company. 

5. I hereby acknowledge that nothing in this Release shall prohibit or restrict me from: (i) making any disclosure of information
required by law; (ii) providing information to, or testifying or otherwise assisting in any investigation or proceeding brought by, any federal regulatory or law enforcement agency or legislative body, any self-regulatory organization, or the
Company’s designated legal, compliance or human resources officers; or (iii) filing, testifying, participating in or otherwise assisting in a proceeding relating to an alleged violation of any federal, state or municipal law relating to
fraud, or any rule or regulation of the Securities and Exchange Commission or any self-regulatory organization. In addition, I understand that each of the parties hereto (and each employee, representative, or other agent of such parties) may
disclose to any person, without limitation of any kind, the federal income tax treatment and federal income tax structure of the transactions contemplated hereby and all materials (including opinions or other tax analyses) that are provided to such
party relating to such tax treatment and tax structure. 
 6. I hereby certify that I have read the terms of this Release, that
I have been advised by the Company to discuss it with my attorney, that I have received the advice of counsel and that I understand its terms and effects. I acknowledge, further, that I am executing this Release of my own volition with a full
understanding of its terms and effects and with the intention of releasing all claims recited herein in exchange for the consideration described in the Agreement, which I acknowledge is adequate and

  
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satisfactory to me. None of the above named parties, nor their agents, representatives or attorneys have made any representations to me concerning the terms or effects of this Release other than
those contained herein. 
 7. I hereby further acknowledge that the terms of Sections 4 and 5 of the Agreement shall
continue to apply for the balance of the time periods provided therein and that I will abide by and fully perform such obligations. 
 [SIGNATURE PAGE FOLLOWS] 

  
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 Intending to be legally bound hereby, I execute the foregoing Release this
        day of                     , 20         . 

 

					
	                             
                                         
            	 		  	                             
                                         
       
			
	Witness	 		  	

  
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