Document:

Employment Agreement between PerkinElmer, INc. and John R. Letcher

 Exhibit 10.4(9) 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (the
“Agreement”) made this 1st day of February, 2010 between PerkinElmer, Inc., a Massachusetts corporation (hereinafter called the “Company”), and John R. Letcher (hereinafter referred to as the “Employee”).

 WITNESSETH: 
 WHEREAS, the Company wishes to employ the Employee in a management position; and 
 WHEREAS, the Employee hereby agrees to the compensation herein provided and agrees to serve the Company to the best of his ability during the period of this Agreement. 
 NOW, THEREFORE, in consideration of the sum of One Dollar, and of the mutual covenants herein contained, the parties agree as follows:

									
			
	1.	  	(a)	  	Except as hereinafter otherwise provided, the Company agrees to employ the employee in a management position with the Company, and the Employee agrees to remain in the
employment of the Company in that capacity for a period of one year from the date hereof and from year to year thereafter until such time as this Agreement is terminated in accordance with Paragraph 5
			
		  	(b)	  	The Company will, during each year of the term of this Agreement, place in nomination before the Board of Directors of the Company the name of the Employee for election
as an Officer of the Company except when a notice of termination has been given in accordance with Paragraph 5(b).
		
	 2.
	  	The Employee agrees that, during his period of employment, he shall, to the best of his ability, perform his duties, and shall devote his full business time, best
efforts, business judgment, skill and knowledge to the advancement of the Company and its interests and to the discharge of his duties and responsibilities hereunder. The Employee shall not engage in any business, profession or occupation which
would conflict with the rendition of the agreed-upon services, either directly or indirectly, without the prior approval of the Board of Directors.
		
	 3.
	  	During the period of his employment under this Agreement, the Employee shall be compensated for his services as follows:
			
		  	(a)	  	Except as otherwise provided in this Agreement, he shall be paid a salary during the period of this Agreement at a base rate to be determined by the Company on an annual
basis. Except as provided in Paragraph 3(d), such annual base salary shall under no circumstances be fixed at a rate below the annual base rate then currently in effect;

  

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 Employment Agreement 

									
			
		  	(b)	  	He shall be reimbursed for any and all monies expended by him in connection with his employment for reasonable and necessary expenses on behalf of the Company in
accordance with the policies of the Company then in effect;
			
		  	(c)	  	He shall be eligible to participate under any and all bonus, benefit, pension, compensation, and equity and incentive plans which are, in accordance with Company policy
and the terms of the plan, available to persons in his position (within the limitation as stipulated by such plans). Such eligibility shall not automatically entitle him to participate in any such plan;
			
		  	(d)	  	If, because of adverse business conditions or for other reasons, the Company at any time puts into effect salary reductions applicable at a single rate to all management
employees of the Company generally, the salary payments required to be made under this Agreement to the Employee during any period in which such general reduction is in effect may be reduced by the same percentage as is applicable to all management
employees of the Company generally. Any benefits made available to the Employee which are related to base salary shall also be reduced in accordance with any salary reduction.
			
	4.	  	(a)	  	So long as the Employee is employed by the Company and for a period of one year after the termination or expiration of employment, the Employee will not directly or
indirectly: (i) as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than one percent (1%) of the total
outstanding stock of a publicly held company), engage directly or indirectly in any business or entity which competes with the business conducted by the Company or its affiliates in any city or geographic area in which the Company or its affiliates
conduct material operations at the time of termination of employment under this Agreement, except as approved in advance by the Board after full and adequate disclosure; or (ii) recruit, solicit or induce, or attempt to induce, any employee or
employees or consultant or consultants of the Company to terminate their employment with, to otherwise cease their relationship with, the Company; or (iii) solicit, divert or take away, or attempt to divert or to take away, the business or patronage
of any of the clients, customers or accounts, of the Company.
			
		  	(b)	  	If any restriction set forth in this Paragraph 4 is found by any court of competent jurisdiction to be unenforceable because it extends for too long a period of time or
over too great a range of activities or in too broad a geographical area, it shall be interpreted to extend only over the maximum period of time, range of activities or geographic area as to which it may be enforceable.
			
		  	(c)	  	The restrictions contained in this Paragraph 4 are necessary for the protection of the business and goodwill of the Company and are considered by the Employee to be
reasonable for such purpose. The Employee agrees that any breach of this Paragraph 4 will cause the Company substantial and irrevocable damage and therefore, in the event of any such breach, in addition to such other remedies which may be available,
the Company shall have the right to seek specific performance and injunctive relief.

  

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 Employment Agreement 

									
			
	 	  	(d)	  	The Employee agrees that he has signed and is bound by the Employee Patent and Proprietary Information Utilization
Agreement attached hereto.
			
		  	(e)	  	During the period of his employment by the Company or for any period during which the Company shall continue to pay the Employee his salary under this Agreement,
whichever shall be longer, the Employee shall not in any way whatsoever aid or assist any party seeking to cause, initiate or effect a Change in Control of the Company as defined in Paragraph 6 without the prior approval of the Board of Directors.

		
	5.	  	Except for the Employee covenants set forth in Paragraph 4, which covenants shall remain in effect for the periods stated therein, and subject to Paragraph 6, this
Agreement shall terminate upon the happening of any of the following events and (except as provided herein) all of the Company’s obligations under this Agreement, including, but not limited to, making payments to the Employee shall cease and
terminate:
			
		  	(a)	  	On the effective date set forth in any resignation submitted by the Employee and accepted by the Company, or if no effective date is agreed upon, the date of receipt by
the Company of such resignation letter;
			
		  	(b)	  	On the date set forth in a written notice of termination given by the Company to the Employee (the “Paragraph 5(b) Termination Date”);
			
		  	(c)	  	At the death of the Employee;
			
		  	(d)	  	At the termination of the Employee for cause. As used in the Agreement, the term “cause” shall mean:
				
		  		  	(i)	  	Misappropriating any funds or property of the Company;
				
		  		  	(ii)	  	Unreasonable refusal to perform the duties assigned to him under this Agreement;
				
		  		  	(iii)	  	Conviction of a felony;
				
		  		  	(iv)	  	Continuous conduct bringing notoriety to the Company and having an adverse effect on the name or public image of the Company;
				
		  		  	(v)	  	Violation of the Employee’s covenants as set forth in Paragraph 4 above; or
				
		  		  	(vi)	  	Continued failure by the Employee to observe any of the provisions of this Agreement after being informed of such breach.

  

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 Employment Agreement 

									
		  	 (e)
	  	Twelve months after written notice of termination (a “Disability Termination Notice”) is given by the Company to the Employee based on a determination by the
Board of Directors that the Employee is disabled (which, for purposes of this Agreement, shall mean that the Employee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that
can be expected to result in death or can be expected to last for a continuous period of not less than twelve months, with such determination to be made by the Board of Directors, in reliance upon the opinion of the Employee’s physician or upon
the opinion of one or more physicians selected by the Company). A Disability Termination Notice shall be deemed properly delivered if given by the Company to the Employee on the 180th day of continuous disability of the Employee. Notwithstanding the
foregoing, if, during the twelve-month period following proper delivery of a Disability Termination Notice as aforesaid, the Employee is no longer disabled and is able to return to work, such Disability Termination Notice shall be deemed
automatically rescinded upon the Employee’s return to work, and the employment of the Employee shall continue in accordance with the terms of this Agreement. During the first 180 days of continuous disability of the Employee, the Company will
make monthly payments to the Employee in an amount equal to the difference between his base salary and the benefits received by the Employee under the Company’s Short-Term Disability Income Plan. During the twelve-month period following proper
delivery of a Disability Termination Notice as aforesaid, the Company will make monthly payments to the Employee in an amount equal to the difference between his base salary and the benefits provided by the Company’s Long-Term Disability Plan.
If any payments to the Employee under the Company’s Long-Term Disability Plan are not subject to federal income taxes, the payments to be made directly by the Company pursuant to the preceding sentence shall be reduced such that the total
amount received by the Employee (from the Company and from the Long-Term Disability Plan), after payment of any income taxes, is equal to the amount that the Employee would have received had he been paid his base salary, after payment of any income
taxes on such base salary.
			
		  	 (f)
	  	In the event of the termination of the Employee by the Company pursuant to Paragraph 5(b) above, and subject to the Employee’s full execution of a severance
agreement and release drafted by and satisfactory to counsel for the Company, the Employee shall, for a period of one year from the Paragraph 5(b) Termination Date, (i) continue to receive his Full Salary (as defined below), which shall be payable
in accordance with the payment schedule in effect immediately prior to his employment termination, and (ii) continue to be entitled to participate in all employee benefit plans and arrangements of the Company (such as life, health and disability
insurance and automobile arrangements but excluding qualified retirement plans, incentive arrangements and grants of equity awards) to the same extent (including coverage of dependents, if any) and upon the same terms as were in effect immediately
prior to his termination. For purposes of this Agreement, “Full Salary” shall mean the Employee’s annual base salary, plus the amount of any bonus or incentive payments (excluding payments under the Company’s long-term incentive
program) earned or received by the Employee

  

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 Employment Agreement 

									
		  		  	with respect to the last full fiscal year of the Company for which all bonus or incentive payments (excluding payments under the Company’s long-term incentive
program) to be made have been made.
			
		  	 (g)
	  	In the event of a termination of employment pursuant to Paragraph 5(a), (c) or (d), the Company shall pay the Employee his base salary through the date of termination of
employment. The Employee shall not be entitled to receive any bonus payment or other additional compensation beyond his date of termination.
			
	6.	  	(a)	  	In the event of a Change in Control of the Company (as defined below),
				
		  		  	(i)	  	The provisions of this Agreement shall be amended as follows:
					
		  		  		  	(A)	  	Paragraph l(a) shall be amended to read in its entirety as follows:
					
		  		  		  		  	“Except as hereinafter otherwise provided, the Company agrees to continue to employ the Employee in a management position with the Company, and the Employee agrees to remain in
the employment in the Company in that capacity, for a period of three (3) years from the date of the Change in Control. Except as provided in Paragraph 3(d), the Employee’s salary as set forth in Paragraph 3(a) and his other employee benefits
pursuant to the plans described in Paragraph 3(c) shall not be decreased during such period.”
					
		  		  		  	(B)	  	Paragraph 5(a) shall be amended by the addition of the following provision at the end of such paragraph:
					
		  		  		  		  	“provided that the Employee agrees not to resign, except for Good Reason (as defined below), during the one-year period following the date of the Change in
Control.”
					
		  		  		  	(C)	  	Paragraph 5(b) shall be deleted in its entirety.
					
		  		  		  	(D)	  	Paragraph 5(f) shall be amended to read in its entirety as follows:
					
		  		  		  		  	“Notwithstanding the foregoing provisions, if, within 36 months following the occurrence of a Change in Control, the Employee’s employment by the Company is terminated (i)
by the Company other than for cause, which shall not include any failure to perform his duties hereunder after giving notice or termination for Good Reason, disability or death or (ii) by the Employee for Good Reason, (A) the Company shall pay to
the Employee, on the date

  

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 Employment Agreement 

									
		  		  		  		  	of his employment termination a lump sum cash payment in an amount equal to the sum of (x) his unpaid base salary through the date of termination, (y) a pro rata portion of his
prior year’s bonus and (z) his Full Salary (as defined below) multiplied by two (provided, however, that if the Change in Control is not described in Section 409(a)(2)(v) of the Internal Revenue Code of 1986, as amended (the “Code”)
or if the termination occurs after the second anniversary of the Change in Control, such payment shall be made on the same schedule as provided in Paragraph 5(f) prior to the application of this Paragraph 6), and (B) the Employee shall for 24 months
following such termination of employment be eligible to participate in all employee benefit plans and arrangements of the Company (such as life, health and disability insurance and automobile arrangements but excluding qualified retirement plans,
incentive arrangements and grants of equity awards) to the same extent (including coverage of dependents, if any) and upon the same terms as were in effect immediately prior to the Change in Control to the extent the Employee was then eligible to
participate in such benefit plans and arrangements of the Company. For purposes of this Agreement, “Full Salary” shall mean the Employee’s then current annual base salary, plus the amount of any bonus or incentive payments (excluding
the cash portion of the Company’s long-term incentive program) received by the Employee with respect to the last full fiscal year of the Company prior to the Change in Control for which all bonus or incentive payments (excluding the cash
portion of the Company’s long-term incentive program) to be made have been made.”
					
		  		  		  	 (E)
	  	Paragraph 8 shall be amended to read in its entirety as follows:
					
		  		  		  		  	“The Employee may pursue any lawful remedy he deems necessary or appropriate for enforcing his rights under this Agreement following a Change in Control of the Company, and all
costs incurred by the Employee in connection therewith (including without limitation attorneys’ fees) shall be promptly reimbursed to him by the Company, regardless of the outcome of such endeavor.”

  

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 Employment Agreement 

									
		  		 	 (ii)
	  	The Employee’s outstanding restricted stock, option awards, or similar equity awards shall fully vest, and the vested option awards shall remain exercisable through
the period ending on the earlier of:
					
		  		 		  	(A)	  	the later of (I) the third anniversary of the Change in Control or (II) the first anniversary of the date the Employee’s employment with the Company terminates,
or
					
		  		 		  	(B)	  	the expiration of the original term of the option.
				
		  		 	 (iii)
	  	Payments under this Agreement or any other plan or arrangement covering the Employee shall be made without regard to whether the deductibility of such payments (or any
other “parachute payments,” as that term is defined in Section 280G of the Code, to or for the benefit of the Employee) would be limited or precluded by Section 280G and without regard to whether such payments (or any other “parachute
payments” as so defined in said Section 280G ) would subject the Employee to the federal excise tax levied on certain “excess parachute payments” under Section 4999 of the Code (the “Excise Tax”). The Employee shall be
entitled to receive one or more payments (each, a “Gross-Up Payment”) which shall be an amount equal to the sum of (a) the Excise Tax imposed on any parachute payment, whether or not payable under this Agreement, and (b) the amount
necessary to pay all additional taxes imposed on (or economically borne by) the Employee (including the Excise Tax, state and federal income taxes and all applicable withholding taxes) attributable to the receipt of a Gross-Up Payment, computed
assuming the application of the maximum tax rates provided by law. The determination of a Gross-Up Payment shall be made at the Company’s expense by the Company’s independent auditors or by such other certified public accounting firm as
the Board of Directors of the Company may designate prior to a Change in Control of the Company. A Gross-Up Payment shall be made at least 14 business days in advance of the due date of any Excise Tax, except that any Gross-Up Payment related to
payments pursuant to Paragraph 6(a)(i)(D) shall be made upon termination of employment. In the event of any underpayment or overpayment under this Paragraph 6(a)(iii) as determined by the Company’s independent auditors (or such other firm as
may have been designated in accordance with the preceding sentence), the amount of such underpayment or overpayment shall forthwith be paid to the Employee or refunded to the Company, as the case may be, with interest at the applicable federal rate
provided for in Section 7872(f)(2) of the Code; provided, however, in no event shall any reimbursement of the Employee for an underpayment be made later than the end of the calendar year following the calendar year in which the Employee remits the
related taxes to the applicable governmental authority. The provisions for Gross-Up Payment in this Paragraph 6(a)(iii) shall apply regardless of whether or not the Employee has terminated employment with the Company.

  

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 Employment Agreement 

									
			
		  	 (b)
	  	For purposes of this Agreement, a “Change in Control of the Company” means an event or occurrence set forth in any one or more of clauses (i) through (iv)
below (including an event or occurrence that constitutes a Change in Control under one or such clauses but is specifically exempted from another such clause):
				
		  		  	 (i)
	  	the acquisition by an individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”) (a “Person”) of beneficial ownership of any capital stock or the Company if, after such acquisition, such Person beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange Act) 20% or more
of either (A) the then-outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (B) the combined voting power of the then-outstanding securities of the Company entitled to vote generally in the election
of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this paragraph (i), none of the following acquisitions of Outstanding Company Common Stock or Outstanding Company Voting Securities shall
constitute a Change in Control: (I) any acquisition directly from the Company (excluding an acquisition pursuant to the exercise, conversion or exchange of any security exercisable for, convertible into or exchangeable for common stock or voting
securities of the Company, unless the Person exercising, converting or exchanging such security acquired such security directly from the Company or an underwriter or agent of the Company), (II) any acquisition by the Company, (III) any acquisition
by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company, or (IV) any acquisition by any corporation pursuant to a transaction which complies with subclauses (A) and (B) of
clause (iii) of this Paragraph 6(b); or
				
		  		  	 (ii)
	  	such time as the Continuing Directors (as defined below) do not constitute a majority of the Board (or, if applicable, the Board of Directors of a successor corporation
to the Company), where the term “Continuing Director” means at any date a member of the Board (A) who was a member of the Board on the date of the execution of this Agreement or (B) who was nominated or elected subsequent to such date
by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the Board was recommended or endorsed by at least a majority of the directors who were Continuing Directors at the
time of such nomination or election; provided, however, that there shall be excluded from this clause (B) any individual whose initial assumption of office occurred as a result of an actual or threatened election contest with respect to the election
or removal of directors or other actual or threatened solicitation of proxies or consents, by or on behalf of a person other than the Board; or

  

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 Employment Agreement 

									
				
		  		  	 (iii)
	  	the consummation of a merger, consolidation, reorganization, recapitalization or statutory share exchange involving the Company or a sale or other disposition of all or
substantially all of the assets of the Company (a “Business Combination”), unless, immediately following such Business Combination, each of the following two conditions is satisfied: (A) all or substantially all of the individuals and
entities who were the beneficial owners of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the then-outstanding
shares of common stock and the combined voting power of the then-outstanding securities entitled to vote generally in the election of directors, respectively, of the surviving, resulting or acquiring corporation in such Business Combination (which
shall include, without limitation, a corporation which as a result of such transaction owns the Company or substantially all of the Company’s assets either directly or through one or more other entities) (such resulting or acquiring corporation
is referred to herein as the “Acquiring Corporation”) in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the Outstanding Company Stock and Outstanding Company Voting Securities,
respectively; and (B) no Person beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock of the Acquiring Corporation, or of the combined voting power of the then-outstanding securities of such
corporation entitled to vote generally in the election of directors (except to the extent that such ownership existed prior to the Business Combination); or
				
		  		  	 (iv)
	  	approval by the stockholders of the Company or a complete liquidation or dissolution of the Company.
			
		  	 (c)
	  	For purposes of this Agreement, “Good Reason” shall mean the occurrence of any of the following events: (i) a material diminution in the Employee’s base
salary except as provided in Paragraph 3(d); (ii) a failure by the Company to pay annual cash bonuses to the Employees in an amount at least equal to the most recent annual cash bonuses paid to the Employee; (iii) a failure by the Company to
maintain in effect any material compensation or benefit plan in which the Employee participated immediately prior to the Change in Control, unless an equitable arrangement has been made with respect to such plan, or a failure to continue the
Employee’s participation therein on a basis not materially less favorable than existed immediately prior to the Change in Control; (iv) any material diminution in the Employee’s position, duties, authorities, responsibilities or title as
in effect immediately prior to the Change in Control; (v) any requirement by the Company that the location at which the Employee performs his principal duties be changed to a new location outside a radius of 25 miles from the Employee’s
principal place of employment immediately prior to the Change in Control; or (vi) the failure of the Company to obtain the agreement, in a form reasonably satisfactory to the Employee, from any successor to the

  

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 Employment Agreement 

							
		  		  	Company to assume and agree to perform this Agreement. The Employee shall provide notice to the Company of the existence of the condition upon which Employee bases his
claim for Good Reason within 90 days of the initial existence of the condition. As a condition to a termination for Good Reason, if the condition is capable of being corrected, the Company shall have 30 days during which it may remedy the condition.
If the condition is fully remedied with such time period there shall be no “Good Reason” and the Company shall not owe the amounts otherwise required to be paid under Paragraph 5, as amended by this Paragraph 6, in connection with the
termination. The Employee’s right to terminate his employment for Good Reason shall not be affected by his incapacity due to physical or mental illness.
		
	 7.
	  	Neither the Employee nor, in the event of his death, his legal representative, beneficiary or estate, shall have the power to transfer, assign, mortgage or otherwise
encumber in advance any of the payments provided for in this Agreement, nor shall any payments nor assets or funds of the Company be subject to seizure for the payment of any debts, judgments, liabilities, bankruptcy or other
actions.
		
	 8.
	  	Any controversy relating to this Agreement and not resolved by the Board of Directors and the Employee shall be settled by arbitration in the City of Boston,
Commonwealth of Massachusetts, pursuant to the rules then obtaining of the JAMS, and judgment upon the award may be entered in any court having jurisdiction, and the Board of Directors and Employee agree to be bound by the arbitration decision on
any such controversy. Unless otherwise agreed by the parties hereto, arbitration will be by an arbitrator selected from the panel of the JAMS. The full cost of any such arbitration shall be borne by the Company.
		
	 9.
	  	Failure to insist upon strict compliance with any of the terms, covenants, or conditions hereof shall not be deemed a waiver of such term, covenant, or condition, nor
shall any waiver or relinquishment of any right or power hereunder at any one or more times be deemed a waiver or relinquishment of such right or power at any other time or times by either party.
		
	 10.
	  	All notices or other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally to the Employee or to the
General Counsel of the Company or when mailed by registered or certified mail to the other party (if to the Company, at 940 Winter Street, Waltham, Massachusetts 02451, attention General Counsel; if to the Employee, at the last known address of
the Employee as set forth in the records of the Company).
		
	 11.
	  	This Agreement has been executed and delivered and shall be construed in accordance with the laws of the Commonwealth of Massachusetts. This Agreement is and shall be
binding on the respective legal representatives or successors of the parties, but shall not be assignable except to a successor to the Company by virtue of a merger, consolidation or acquisition of all or substantially all of the assets of the
Company. This Agreement constitutes and embodies the entire understanding and agreement of the parties and, except as otherwise provided herein, there are no other agreements or understandings,

  

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		  	written or oral, in effect between the parties hereto relating to the employment of the Employee by the Company. All previous employment contracts between the Employee
and the Company or any of the Company’s present or former subsidiaries or affiliates is hereby canceled and of no effect.
		
	 12.
	  	The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or
assets of the Company to assume expressly in writing and to agree to perform its obligations under this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.
Failure of the Company to obtain an assumption of this Agreement prior to the effectiveness of succession shall be a breach of this Agreement. As used in this Agreement, “the Company” shall mean the Company as defined above and any
successor to its business or assets as aforesaid which assumes and agrees to perform this Agreement, whether by operation of law, or otherwise.
		
	 13.
	  	The parties intend that payments made pursuant to this Agreement be either exempt from, or compliant with, Section 409A of the Code and the regulations promulgated
thereunder (“Section 409A”), so as not to be subject to the excise tax thereunder. Accordingly, the following provisions shall apply to payments pursuant to this Agreement, notwithstanding any provision to the contrary contained in this
Agreement:
			
		  	(a)	  	Any medical, dental, prescription drug, or other health benefits (collectively, the “Medical Benefits”) that may be required to be provided by the Company
under Paragraphs 5 or 6 and that are provided under a so-called “self-insured” benefit plan which is subject to Section 105(h) of the Code shall instead be structured so that on or about the first day of each month for which coverage is to
be provided the Company shall pay to the Employee an amount in cash sufficient to cover the Company’s share of the applicable premium for the Medical Benefits coverage for that month. The Employee’s premium payments to the Company for
Medical Benefits shall be due on the last day of the month to which the coverage relates. The parties intend that the first 18 months of Medical Benefits coverage shall be exempt from the application of Section 409A, and that any remaining payments
by the Company for Medical Benefits shall be considered in compliance with Section 409A;
			
		  	(b)	  	Any payment of “reimbursements” by the Company to the Employee, any payment of “in-kind benefits” from the Company to the Employee, and any
“direct service recipient payments” made by the Company on the Employee’s behalf for a “limited period of time” (in each case as those terms are used for purposes of Section 409A) shall be exempt from the application of
Section 409A;
			
		  	(c)	  	Except as provided in Paragraphs 13(a) or (b) above, or Paragraph 13(e) below, the remainder of all other payments or benefits that are to be paid or provided by the
Company to the Employee under Paragraphs 5 or 6 shall be paid or provided in accordance with the schedules set forth in Paragraphs 5 or 6, or if none, in accordance with the schedules set forth in the underlying employee benefit
plans

  

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 Employment Agreement 

									
		  		  	and arrangements. Each payment on a payroll date and each monthly payment under Paragraphs 5 and 6 shall be deemed to be a “separate payment” as that term
is used for purposes of Section 409A, including the exemptions from Section 409A;
			
		  	 (d)
	  	The payments that are to be paid by the Company to the Employee under Paragraphs 5 or 6 which (i) will constitute payments from a “non-qualified deferred
compensation plan” as that term is used for the purposes of Section 409A (after taking into account Paragraphs 13(a) and (b) above and any other exemptions available under Section 409A, including without limitation qualification as a
“short term deferral” within the meaning of Section 409A), (ii) are payable prior to the date that is 6 months after the Employee’s “separation from service” as that term is used for purposes of Section 409A
(“Separation from Service”) (such date hereinafter referred to as the “Delayed Payment Date”), and (iii) do not exceed two (2) times the lesser of (I) or (II) below, shall be paid in accordance with the payment schedule that
would otherwise apply under Paragraphs 5 or 6 in the absence of the application of Section 409A. For purposes of this Paragraph 13(d), “(I)” shall mean the sum of the Employee’s annualized compensation based upon his annual rate of
pay for services provided to the Company for the calendar year preceding the Company’s taxable year in which the Employee had a Separation from Service, and “(II)” shall mean the maximum amount that may be taken into account under a
qualified plan pursuant to Section 401(a)(17) of the Code for the year in which the Employee has a Separation from Service;
			
		  	 (e)
	  	If the Employee is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code on the date of the Employee’s “separation from
service” as that term is used for purposes of Section 409A, the payments that are otherwise scheduled to be paid to the Employee under Paragraphs 5 or 6 prior to the Delayed Payment Date (determined without regard to this Paragraph 13) that
exceed the amount calculated under Paragraph 13(d) above shall instead be paid by the Company to the Employee in a lump sum (together with interest at the prime rate as published in The Wall Street Journal on the date of Separation from Service) one
day after the Delayed Payment Date (or, if earlier, the death of the Employee); and
			
		  	 (f)
	  	The amount of expenses eligible for reimbursement to the Employee, and the amount of in-kind benefits provided to the Employee, during any calendar year shall not affect
the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year.
			
		  	 (g)
	  	The Company shall (i) have the right to deduct from any payment under this Agreement any and all taxes determined by the Company to be applicable with respect to such
benefits and (ii) shall have the right to require the Employee to make arrangements satisfactory to satisfy any such withholding obligation that may not be satisfied in full by wage withholding described in (i).

  

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 Employment Agreement 

									
		  	 (h)
	  	Except as provided in Section 6(a)(iii), the Employee shall be responsible for all taxes with respect to any payments or benefits hereunder except for the Company’s
portion of any Social Security and Medicare taxes. The Company makes no guarantee regarding the tax treatment of the payments or benefits provided by this Agreement.

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 13 
 Employment Agreement 

 IN WITNESS WHEREOF, the Company has caused its seal to be hereunto
affixed and these presents to be signed by its proper officers, and the Employee has hereunto set his hand and seal this 1st day of February, 2010 effective as of the day and year first above written. 
 (SEAL) 
  

			
	PERKINELMER, INC.
		
	 By:
	 	 /S/    ROBERT F.
FRIEL

		 	Robert F. Friel
		 	Chief Executive Officer and President

  

			
	Employee:	 	 /S/    JOHN R.
LETCHER

		 	John R. Letcher

  

 14 
 Employment Agreement1998 Employee Stock Purchase Plan

 Exhibit 10.15 
 Plan Document 
 PerkinElmer, Inc., 1998 Employee
Stock Purchase Plan 
 As Amended and Restated December 10, 2009 
 The purpose of this Plan is to provide eligible employees of PerkinElmer, Inc. (the “Company”) and certain of its subsidiaries
with opportunities to purchase shares of the Company’s common stock, $1.00 par value (the “Common Stock”), commencing on September 1, 1998. Five Million (5,000,000) shares of Common Stock in the aggregate have been approved
for this purpose (as adjusted to reflect a split of the Company’s Common Stock effective June 1, 2001). 
 1.
Administration. The Plan will be administered by a Committee appointed by the Board of Directors of the Company (the “Board” and the “Committee” respectively). The Committee has authority to make rules and regulations for
the administration of the Plan and its interpretation and decisions with regard thereto shall be final and conclusive. 
 2.
Eligibility. Participation in the Plan will neither be permitted nor denied contrary to the requirements of Section 423 of the United States Internal Revenue Code of 1986, as amended (the “Code”), and regulations promulgated
thereunder. All employees of the Company, including Directors who are employees, and all employees of any subsidiary (foreign or domestic) of the Company (as defined in Section 424(f) of the Code) designated by the Committee from time to time
(a “Designated Subsidiary”) are eligible to participate in any one or more of the offerings of Options (as defined in Section 9) to purchase Common Stock under the Plan provided that they are employees of the Company or a Designated
Subsidiary on the first day of the applicable Offering Period (as defined below). 
 No employee may be granted an option
hereunder if such employee, immediately after the option is granted, owns 5% or more of the total combined voting power or value of the stock of the Company or any subsidiary. For purposes of the preceding sentence, the attribution rules of
Section 424(d) of the Code shall apply in determining the stock ownership of an employee, and all stock which the employee has a contractual right to purchase shall be treated as stock owned by the employee. 
 The Committee retains the discretion to determine which eligible employees may participate in an offering pursuant to and consistent with
Treasury Regulation Sections 1.423-2(e) and (f). 
 3. Offerings. The Company will make one or more “Offerings”
to employees to purchase stock under this Plan. Each Offering shall be of a duration of 12 months or such other period (the “Offering Period”), as determined by the Committee; the first Offering Period beginning September 1, 1998 will
end on June 30, 1999. 
 4. Participation. An employee eligible on the first business day of any Offering Period
(the “Offering Commencement Date”) may participate in such Offering by completing and forwarding an enrollment form to the employee’s appropriate Human Resource Office. The form will authorize a regular payroll deduction from the
Compensation received by the employee during the Offering Period, or an alternative contribution from the employee to fund the purchase of shares on the employee’s behalf as described in Section 5. Unless an employee files a new form or
withdraws from the Plan, his deductions or alternative contributions and purchases will continue at the same rate for future offerings under the Plan as long as the Plan remains in effect. The term “Compensation” means all regular straight
time gross earnings, overtime, shift premium, and sales commissions, but excluding, incentive or bonus awards, allowances and reimbursements for expenses such as relocation allowances or travel expenses, income or gains on the exercise of Company
stock options or stock appreciation rights, and similar items. The Committee will establish the method of enrolling, and the enrollment period for each Offering under the Plan. 

 5. Payroll Deductions/Alternative Contributions. The Company will maintain payroll
deduction accounts for all participating employees, or, if payroll deductions are not permitted under applicable law, permit employees to make alternative contributions. Alternative contributions for the purpose of this Plan shall mean payment of
contributions through personal checks of participants or such other means of contributing to the Plan as authorized by Committee. With respect to any Offering made under this Plan, an employee may authorize a payroll deduction or alternative
contribution in terms of whole number percentages up to a maximum of 10% of the Compensation he or she receives during the Offering Period or such shorter period during which deductions from payroll or alternative contributions are made. Any change
in Compensation during the Offering will result in an automatic corresponding change in the dollar amount withheld or contributed through alternative contributions. 
 No employee may be granted an Option (as defined in Section 9) which permits his rights to purchase Common Stock under this Plan and any other stock purchase plan of the Company and its subsidiaries,
to accrue at a rate which exceeds $25,000 of the fair market value of such Common Stock (determined at the Offering Commencement Date of the first Offering Period in the calendar year) for each calendar year in which the Option is outstanding at any
time. 
 6. Deduction Changes. An employee may decrease or discontinue his payroll deduction, revoke his alternative
contribution authorization or not contribute his alternative contributions during an Offering Period, by filing a new payroll deduction or alternative contribution authorization form. However, an employee may not increase his payroll deduction or
alternative contributions during an Offering Period. If an employee elects to discontinue his payroll deductions or alternative contributions during an Offering Period, but does not elect to withdraw his funds pursuant to Section 8 hereof,
funds deducted or contributed prior to his election to discontinue will be applied to the purchase of Common Stock on the Exercise Date (as defined below). 
 7. Interest. Interest will not be paid on any employee accounts, except to the extent that the Committee, in its sole discretion, elects to credit employee accounts with interest at such per annum
rate as it may from time to time determine. 
 8. Withdrawal of Funds. An employee may at any time prior to the close of
business on the last business day in an Offering Period and for any reason permanently draw out the balance accumulated in the employee’s account and thereby withdraw from participation in an Offering. Any amounts withdrawn by an employee
pursuant to the preceding sentence will be paid to the employee in the same currency as that in which he receives his Compensation. Partial withdrawals are not permitted. The employee may not begin participation again during the remainder of the
Offering Period. The employee may participate in any subsequent Offering in accordance with terms and conditions established by the Committee. 
 9. Purchase of Shares. On the Offering Commencement Date of each Offering Period, the Company will grant to each eligible employee who is then a participant in the Plan an option (an
“Option”) to purchase on the last business day of such Offering Period (the “Exercise Date”) at the applicable purchase price (the “Option Price”) the largest number of whole shares of Common Stock of the Company, not
in excess of the Share Maximum (as defined below) and which does not exceed the employee’s accumulated payroll deductions as of the Exercise Date divided by the Option Price for such Offering Period. 
 The “Share Maximum” with respect to an Offering Period shall be the number of shares of Common Stock of the Company reserved for
the purposes of the Plan as does not exceed the number of shares determined by dividing (i) by (ii) where: 
 (i) is
(a) in the case of the first Offering Period of a calendar year, $25,000 or, in the alternative, (b) in the case of a subsequent Offering Period in a calendar year the excess of (I) $25,000 over (II) the product of the number of
shares of Common Stock purchased in the first Offering Period in such calendar year multiplied by the closing price (as defined below) on the Offering Commencement Date of such first Offering Period, and 
 (ii) is the closing price (as defined below) on the Offering Commencement Date. 
 The Share Maximum shall in addition be subject to the $25,000 limit as set forth in Section 5. In the case of overlapping or concurrent Offering
Periods, or if Offering Periods are of a different duration than 6 months, or for any other reason, the Company may establish a different Share Maximum in connection with establishing the terms of the Offering Period. 
  

 2 

 The Committee shall determine the Option Price for each Offering Period, including whether
such Option Price (i) shall be determined based on the lesser of the closing price of the Common Stock on the first business day of the Offering Period or on the Exercise Date, or (ii) shall be determined based solely on the closing price
of the Common Stock on the Exercise Date; provided, however, that such Option Price shall be at least 85% of the applicable closing price. With respect to Offering Periods commencing on or after July 1, 2005, the Option Price shall be 95% of
the closing price of the Common Stock on the Exercise Date, unless a different Exercise Price is established by the Committee prior to the Offering Commencement Date of the Offering Period to which such Exercise Price is to apply. “Closing
price” shall be the closing price on the New York Stock Exchange. If no sales of Common Stock were made on such a day, the closing price shall be the reported closing price for the next preceding day on which sales were made. 
 Each employee who continues to be a participant in the Plan on the Exercise Date shall be deemed to have exercised his Option at the Option
Price on such date and shall be deemed to have purchased from the Company the largest number of shares of Common Stock reserved for the purpose of the Plan that his accumulated payroll deductions or alternative contributions on such date will pay
for pursuant to the formula set forth above (but not in excess of the maximum number determined in the manner set forth above). If either the accumulated payroll deductions or the alternative contributions from the employee are denominated in a
currency other than U.S. Dollars, they shall be converted into U.S. Dollars at the exchange rate in effect and used by the Company on the Exercise Date. Each participant shall bear the risk of any currency exchange rate fluctuations between the date
on which any funds are received on behalf of such participant and the Exercise Date. 
 Any balance which is less than the
purchase price of one share of Common Stock will at the Company’s discretion, either (a) be carried forward into the employee’s payroll deduction or alternative contribution account for the following Offering (unless the employee
elects not to participate in the following Offering under the Plan, in which case the balance in the employee’s account shall be refunded) or (b) be considered, solely for bookkeeping purposes, to represent a fractional share of Common
Stock purchased by the employee. 
 10. Issuance of Certificates. Certificates representing shares of Common Stock
purchased under the Plan may be issued only in the name of the employee, in the name of the employee and another person of legal age as joint tenants with rights of survivorship, or (in the Company’s sole discretion) in the street name of a
brokerage firm, bank or other nominee holder designated by the employee. In addition to the certificate representing shares of Common Stock, the employee will receive cash in lieu of any fractional share interest as described in Section 9. The
Company may, in its sole discretion and in compliance with applicable laws, authorize the use of book entry registration of shares in lieu of issuing stock certificates. 
 11. Rights on Termination of Employment. In the event of a participating employee’s termination of employment prior to the last business day of an Offering Period, no payroll deduction shall
be taken from any pay due and owing to an employee and no alternative contributions shall be accepted and the balance in the employee’s account shall be paid to the employee or, in the event of the employee’s death, (a) to a
beneficiary previously designated in a revocable notice signed by the employee (with any spousal consent required under state law) or (b) in the absence of such a designated beneficiary, to the executor or administrator of the employee’s
estate or (c) if no such executor or administrator has been appointed to the knowledge of the Company, to such other person(s) as the Company may, in its discretion, designate. If, prior to the last business day of the Offering Period, the
Designated Subsidiary by which an employee is employed shall cease to be a subsidiary of the Company, or if the employee is transferred to a subsidiary of the Company that is not a Designated Subsidiary, the employee shall be deemed to have
terminated employment for the purposes of this Plan. 
 12. Optionees Not Stockholders. Neither the granting of an Option
to an employee nor the deductions from his pay nor alternative contributions made by the employee shall constitute such employee a stockholder of the shares of Common Stock covered by an Option under this Plan until such shares have been purchased
by and issued to him. 
 13. Options Not Transferable. Options under this Plan are not transferable by a participating
employee other than by will or the laws of descent and distribution, and are exercisable during the employee’s lifetime only by the employee. 
  

 3 

 14. Application of Funds. Unless otherwise prohibited by applicable law, all funds
received or held by the Company under this Plan may be combined with other corporate funds and may be used for any corporate purposes. 
 15. Adjustment in Case of Changes Affecting Common Stock. In the event of a subdivision of outstanding shares of Common Stock, or the payment of a dividend in Common Stock, the number of shares approved for this Plan, and the share
limitation set forth in Section 9, shall be increased proportionately, and such other adjustment shall be made as may be deemed equitable by the Committee. In the event of any other change affecting the Common Stock, such adjustment shall be
made as may be deemed equitable by the Committee to give proper effect to such event. 
 16. Merger. If the Company shall
at any time merge or consolidate with another and the holders of the capital stock of the Company immediately prior to such merger or consolidation continue to hold at least 80% by voting power of the capital stock of the surviving corporation
(“Continuity of Control”), the holder of each Option then outstanding will thereafter be entitled to receive at the next Exercise Date upon the exercise of such Option for each share as to which such Option shall be exercised the
securities or property which a holder of one share of the Common Stock was entitled to upon and at the time of such merger or consolidation, and the Committee shall take such steps in connection with such merger as the Committee shall deem necessary
to assure that the provisions of Paragraph 15 shall thereafter be applicable, as nearly as reasonably may be, in relation to the said securities or property as to which such holder of such Option might thereafter be entitled to receive thereunder.

 In the event of a merger or consolidation of the Company with or into another corporation which does not result in Continuity
of Control, or of a sale of all or substantially all of the assets of the Company while unexercised Options remain outstanding under the Plan, (a) subject to the provisions of clauses (b) and (c), after the effective date of such
transaction, each holder of an outstanding Option shall be entitled, upon exercise of such Option, to receive in lieu of shares of Common Stock, shares of such stock or other securities as the holders of shares of Common Stock received pursuant to
the terms of such transaction; or (b) all outstanding Options may be cancelled by the Committee as of a date prior to the effective date of any such transaction and all payroll deductions or alternative contributions shall be paid out to the
participating employees; or (c) all outstanding Options may be cancelled by the Committee as of the effective date of any such transaction, provided that notice of such cancellation shall be given to each holder of an Option, and each holder of
an Option shall have the right to exercise such Option in full based on payroll deductions or alternative contributions then credited to his account as of a date determined by the Board or the Committee, which date shall not be less than ten
(10) days preceding the effective date of such transaction. 
 17. Amendment of the Plan. The Committee or the Board
may at any time, and from time to time, amend this Plan in any respect, except that (a) if the approval of any such amendment by the shareholders of the Company is required by Section 423 of the Code, such amendment shall not be effected
without such approval, and (b) in no event may any amendment be made which would cause the Plan to fail to comply with Section 423 of the Code. 
 18. Insufficient Shares. In the event that the total number of shares of Common Stock specified in elections to be purchased under any Offering plus the number of shares purchased under previous
Offerings under this Plan exceeds the maximum number of shares issuable under this Plan, the Committee will allot the shares then available on a pro rata basis. 
 19. Termination of the Plan. This Plan may be terminated at any time by the Committee or the Board. Upon termination of this Plan, all amounts in the accounts of participating employees shall be
promptly refunded in the same currency as that in which the employee receives his Compensation. 
 20. Governmental
Regulations. The Company’s obligation to sell and deliver Common Stock under this Plan is subject to listing on the New York Stock Exchange and the approval of all governmental authorities required in connection with the authorization,
issuance or sale of such stock. 
 The Plan shall be governed by the laws of the Commonwealth of Massachusetts except to the
extent that such law is preempted by U.S. federal law. 
  

 4 

 21. Issuance of Shares. Shares may be issued upon exercise of an Option from
authorized but unissued Common Stock from shares held in the treasury of the Company, or from any other proper source. 
 22.
Notification Upon Sale of Shares. Each employee agrees, by entering the Plan, to promptly give the Company notice of any disposition of shares purchased under the Plan where such disposition occurs within two years after the date of grant of
the Option pursuant to which such shares were purchased. 
 23. Effective Date and Approval of Shareholders. The Plan
shall take effect on September 1, 1998 subject to approval by the shareholders of the Company as required by Section 423 of the Code, which approval must occur within twelve months of the adoption of the Plan by the Board or the amounts in
the accounts of participating employees shall be promptly refunded. 
 24. Effect on Employment. Participation in the
Plan will not impose any obligation upon the Company or any Designated Subsidiary to continue the employment of a Participant for any specific period of time and will not affect the right of the Company or any Subsidiary to terminate a
Participant’s employment at any time, with or without cause. Any income a Participant may realize as a result of participation in the Plan shall not be considered as a part of such Participant’s compensation or used for the calculation of
any other pay, allowance, pension or other benefit unless otherwise required under other benefit plans provided by the Company or its Subsidiaries or required by applicable law or contractual obligation of the Company or its Designated Subsidiaries.

 25. Grants to Employees in Foreign Jurisdictions. The Company may, in order to comply with the laws of a foreign
jurisdiction, grant Options to employees of the Company or a Designated Subsidiary who are citizens or residents of such foreign jurisdiction (without regard to whether they are also citizens of the United States or resident aliens (within the
meaning of Section 7701(b)(1)(A) of the Code)) with terms that are less favorable (but not more favorable) than the terms of Options granted under the Plan to employees of the Company or a Designated Subsidiary who are resident in the United
States. Notwithstanding the preceding provisions of this Plan, employees of the Company or a Designated Subsidiary who are citizens or residents of a foreign jurisdiction (without regard to whether they are also citizens of the United States or
resident aliens (within the meaning of Section 7701(b)(1)(A) of the Code)) may be excluded from eligibility under the Plan if (a) the grant of an Option under the Plan to a citizen or resident of the foreign jurisdiction is prohibited
under the laws of such jurisdiction or (b) compliance with the laws of the foreign jurisdiction would cause the Plan to violate the requirements of Section 423 of the Code. The Company may add one or more appendices to this Plan describing
the operation of the Plan in those foreign jurisdictions in which employees are excluded from participation or granted less favorable Options. 
 26. Authorization of Sub-Plans. The Committee may from time to time establish one or more sub-plans under the Plan with respect to one or more Designated Subsidiaries, provided that such sub-plan
complies with Section 423 of the Code. 
  

	
	 Originally adopted by the Board of Directors on
 July 22, 1998 and approved by the stockholders on
 April 27,
1999

  

 5

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