Document:

EMPLOYMENT
AGREEMENT

This EMPLOYMENT
AGREEMENT (this “Agreement”) is entered into as of November 1, 2011 (the “Effective Date”)
by and between Bluesky Systems Holdings, Inc., a Nevada corporation (the “Company”), and Susan M. DiBiase Lutz
(“Executive” and, collectively with the Company, the “Parties”), as follows:

ARTICLE
I

EMPLOYMENT; TERM; DUTIES

1.1           
Engagement. Upon the terms and conditions hereinafter set forth, the Company hereby engages Executive to serve as
the President of the Company.

1.2           
Duties. Within the limitations established by the Bylaws of the Company, Executive shall perform such duties for
the Company as are customarily associated with the position of a President of a public company, and shall report to the Company’s
Chief Executive Officer and, if so directed in writing by the Board of Directors (the “Board”) or the Chief
Executive Officer, to the Board or any other senior officer of the Company. Without limiting the generality of the foregoing,
Executive shall be responsible for market research, marketing and licensing strategy and the development and implementation of
the Company’s strategic plan (which plan shall be subject to the approval of the Board). Additionally, Executive, where
appropriate, will introduce the Company to potential partners, acquiring entities, or others interested in participating in any
license, joint venture, partnership, merger, consolidation, or sale of assets; secure and assist in structuring proposed business
combination transaction, including, without limitation, any license, joint venture, partnership, merger, consolidation, or sale
of assets as and when directed; and assist in presenting any proposed transactions to the Board or any other reasonably affiliated
advisory or supervisory board, committee, or individual. At her option, Executive shall also serve on the Board. It is understood
that Executive shall have no direct operational responsibility for the Company’s research and development, production and
manufacturing activities; however, Executive shall assist the Company’s product development activities by reviewing said
product development activities and appraising their likelihood for acceptance in the current market; and offering, when appropriate,
suggestions for product modifications and new products. Executive shall be responsible for assembling and managing a team of senior
executives initially consisting of Curtis Blount, Chief Marketing Strategist and Chief Security Officer; Suzanne Ronca, Chief
Marketing Officer and Executive V.P. Sales; and Lauren Shippy, Officer in charge of Business Strategy and Development (the “Initial
Lutz Team”). The Company and Executive have agreed on a monthly budget of $100,000 (the “Budget”)
covering the base salaries and bonuses of Executive and the Initial Lutz Team, and office expenses (other than the Company’s
San Jose and Los Angeles Offices) and travel expenses for Executive and the Initial Lutz Team involving direct sales of Company
products and intellectual property. Subject to the foregoing and employment agreements with the Initial Lutz Team, the allocation
of expenditures within the Budget shall be within Executive’s discretion. As soon as practicable, but in no event later
than December 31, 2011, for the first six months of the term hereof, the Company will deposit on a rolling three month basis
the budgeted amount into a separate Company bank account with respect to which Executive shall have sole signing authority. Any
portion of the monthly Budget not disbursed during the month of its allocation shall be carried forward to the immediate next
month and added to the $100,000 allocated for said next month.

1.3           
Executive shall use her best efforts and abilities faithfully and diligently to promote the Company’s business interests
and shall devote all of Executive’s business time, energy and efforts to the business of the Company. For so long as Executive
is employed by the Company, Employee shall not, directly or indirectly, either as an employee, employer, consultant, agent, investor,
principal, partner, stockholder (except as the holder of less than 1% of the issued and outstanding stock of a publicly held corporation),
corporate officer or director, or in any other individual or representative capacity, engage or participate in any business that
is in competition in any manner whatsoever with the business of the Company and its subsidiaries (the “Company Group”),
as such businesses are now or hereafter conducted. Subject to the foregoing prohibition and provided such services or investments
do not violate any applicable law, regulation or order, or interfere in any way with the faithful and diligent performance by
Executive of the services to the Company otherwise required or contemplated by this Agreement, the Company expressly acknowledges
that Executive may make and manage personal business investments of Employee’s choice without consulting the Board, and,
subject to the approval of the Board, to be a member of the board of directors of one or more charitable entities.

1.4           
Executive shall obey all rules and regulations of the Company.

ARTICLE
II

COMPENSATION

2.1           
Base Salary. During the Term, as defined below, for all services rendered by Executive hereunder and all covenants
and conditions undertaken by the Parties pursuant to this Agreement, the Company shall pay, and Executive shall accept, as compensation,
a monthly base salary of $30,000, subject to increases as determined by the Board, in its sole discretion (“Base Salary”).

2.1.1      
The Base Salary shall be payable in accordance with the normal payroll practices of the Company.

2.2           
Bonus. For the fiscal year commencing January 1, 2012 and for each subsequent fiscal year thereafter, Executive
shall be entitled to receive an annual bonus (“Bonus”) in accordance with the bonus plan established from time to
time by the Board. Any Bonus shall be prorated for a partial fiscal year.

2.3           
Stock Options. Effective November 17, 2011, Executive is hereby granted options (“Options”) to purchase
up to 2,020,000 shares of the Common Stock of the Company (the “Option Shares”) at $2.15 per share (the “Exercise
Price”) of which 336,667 Option Shares vest as of November 17, 2011 with the remaining Option Shares to vest quarterly
commencing April 1, 2012, as follows: on April 1, 2012, 168,333 shares; on July 1, 2012, 168,333 shares; on October 1, 2012,
168,333 shares; on January 1, 2013, 168,333 shares; on April 1, 2013, 168,333 shares; on July 1, 2013, 168,333 shares; on October
1, 2013, 168,333 shares; on January 1, 2014, 168,333 shares; April 1, 2014, 168,333; and July 1, 2014, 168,336 shares which constitutes
the last group of shares to vest and thus completes the vesting of all 2,020,000 shares due to Executive. The term of the Options
shall be five years from November 17, 2011 and the shares underlying the Options shall have customary piggyback registration rights.
The Options shall be evidenced by a separate option agreement which will contain requisite provisions to qualify the Options as
Incentive Stock Options under the Internal Revenue Code. Notwithstanding the foregoing, the Options vesting on or after January
7, 2013 shall be subject to the Company receiving on a cumulative basis a minimum of $100,000,000 in debt, equity, revenues or
a combination thereof during the period November 1, 2011 to November 17, 2016, but shall also include the revenue received from
the purchase order from Med Systems in the initial amount of $3.6 million. For purposes of determining revenues, revenues shall
include any amount payable in the future under an agreement with a counterparty entered into prior to the expiration of the Options
where such counterparty is irrevocably committed to pay such amount, including but not limited to loans to the Company, investment
in the Company and for the purchase and/or license of product and/or services from the Company as the result of the regular course
of the Company’s business. Revenues shall also include “operational revenues,” amounts actually received by
the Company for the sale and/or license of the Company’s products and/or services as the result of the regular course of
the Company’s business during the period November 1, 2011 to November 17, 2016. The number of Option Shares shall be increased
to the extent that any Options granted to a member of the Initial Lutz Group have terminated prior to the vesting thereof and
the vesting date of said shares for Executive shall be the original vesting date applicable to the members of the Initial Lutz
Group.

2.4           
Benefits. The Company will provide to Executive health, dental, vision and/or long-term disability insurance, life
insurance and other benefits as are provided to its executive employees. Executive shall be entitled to paid vacation of four
weeks per year scheduled at Executive’s reasonable discretion starting calendar year 2012. Said benefits shall not be paid
from the monthly Budget.

2.5           
Commissions. In the event that during the term of this Agreement, the Company enters into a license (a “License
Agreement”) with a third party pursuant to which the Company licenses or otherwise transfers in the ordinary course
of business intellectual property, Executive shall receive, as a commission (the “Commissions”) based on all
amounts paid under a License Agreement (including for maintenance or support) less any amounts paid or accrued by the Company
under such License Agreement (including, without limitation, cost of goods sold or services provided, and marketing costs) (“Net
Revenues”). “Cost of goods or services sold or services provided” shall not include any research or development
costs unless and to the extent a License Agreement requires customization. “Marketing costs” per each separate contract
shall be prorated in the same percentage as that separate contract price bears to the total contracts executed during said same
year. The amount payable to Executive shall be 10% of Net Revenues paid during the first three years of the term of a License
Agreement, 5% of Net Revenues paid during the fourth and fifth years of the term, and 3% during years sixth through tenth.

2.5.1      
Liquidity Event: In the event that the Company is sold, merged or liquidated or the Company is otherwise significantly
changed in structure and/or ownership (a “Liquidity Event”) prior to the termination of this Agreement and
the Company’s shareholders receive cash and/or stock consideration of $100 million or more, the Company shall increase the
pool of Options granted to Executive so that such pool shall represent, together with the initial grant, 5% of the issued and
outstanding shares of the Company as of the date of the Liquidity Event less the amount of shares issuable upon any prior exercises,
provided that the 5% shall be changed to 2.5% in the event that the proceeds to the Company’s shareholders exceed $1 billion.
All Options shall vest and be immediately exercisable upon a Liquidity Event and the exercise price thereof shall be the Exercise
Price per paragraph 2.3, above. Additionally, all Options shall vest at such time as the Company’s market valuation is at
least $750,000,000 during the term of this Agreement.

ARTICLE III

BUSINESS EXPENSES

3.1           
Business Expenses. In addition to the expenses covered by the Budget, Executive will be reimbursed for all reasonable
out-of-pocket business expenses incurred in the performance of her duties on behalf of the Company consistent with the Company’s
policies and procedures, including prior approval requirements and submission of appropriate supporting documentation.

ARTICLE IV

TERMINATION OF EMPLOYMENT

4.1           
Term of Employment.

4.1.1      
Executive’s employment pursuant to this Agreement shall commence as of the date hereof and terminate on the earliest
to occur of the following (the “Term”):

(a)            
on the third anniversary of the Effective Date (the “Effective Date”), provided that this Agreement
shall be automatically renewed for successive one-year period(s) unless either party notifies the other in writing of an intention
not to renew this Agreement at least sixty days prior to the end of the then current term.

(b)           
upon the death of Executive (“Death”);

(c)            
upon the delivery to Executive of written notice of termination by the Company if Executive shall suffer a physical or
mental disability or illness which renders Executive, in the reasonable judgment of the Board, unable to perform her duties and
obligations under this Agreement for either 60 consecutive days or 180 days in any 12-month period (“Disability”);

(d)           
upon delivery to Executive of written notice of termination by the Company For Cause;

(e)            
upon the delivery to the Company of written notice of termination by Executive for Good
Reason;

(f)            
upon the delivery to the Company of written notice of termination by Executive without Good Reason;

(g)           
upon the delivery to the Executive of written notice of termination not For Cause.

4.2           
Certain Definitions. For purposes of this Agreement, the following terms shall have the following meanings:

4.2.1      
“For Cause” shall mean, in the context of a basis for termination of Executive’s employment with
the Company:

(a)            
Executive is convicted of, or pleas nolo contendere (no contest) to, any crime (whether or not involving the Company)
constituting a felony in the jurisdiction involved;

(b)           
Executive’s gross misconduct in the performance of Executive’s duties hereunder;

(c)            
Executive’s repeated failure or refusal to perform assigned duties consistent with this Agreement after necessary
written notification from the Chief Executive Officer or the Board; or

(d)           
Improper disclosure of the Company’s confidential or proprietary information, which disclosure causes material harm
to the Company; or

(e)            
Material failure to comply with the Company’s written policy or rules with respect to corporate governance, internal
control and audit controls provided the Company shall have given Executive copies of said written policy and rules prior to any
alleged infraction of said policy or rules by Executive.

The Company
shall give Executive written notice of the specific allegations constituting For Cause termination. Executive may, but it not
required to, respond to such allegations within seven days. Thereafter, the Company shall either give Executive at least thirty
days’ written notice of such For Cause termination or notify Executive of a reasonable schedule of not less than twenty
days to cure any of the alleged violations. If said violation(s) have not been cured within said schedule, the Company shall then
give Executive at least fifteen days’ notice of her For Cause Termination.

4.2.2      
“Good Reason” giving rise to Executive’s right to terminate this Agreement means if Executive
claims that the Company has materially breached this Agreement or the Company performed an act or acts or allowed the performance
of an act or acts over which the Company had control, and said act or acts significantly violated Executive’s rights pursuant
to this Agreement. Executive shall give the Company written notice of the specific allegations constituting her For Good Reason
termination. The Company may, but is not required to, respond to such allegations within seven days. Thereafter, Executive shall
either give the Company at least thirty days’ written notice of such For Good Reason termination or notify the company of
a reasonable schedule of not less than twenty days, to cure any of the alleged violations. If said violation(s) have not been
cured within said schedule, Executive shall then give the Company at least fifteen days’ notice for her For Good Reason
Termination.

4.3           
Effect of Termination

4.3.1      
If Executive’s employment is terminated pursuant to Sections 4.1(b), (c) or (d), the Company shall only be obligated
to pay Executive or her representative: (i) the amount of Base Salary accrued through the effective date of such termination;
(ii) the amount of any accrued but unused vacation time; and (iii) the amount of Commissions payable through the date of
termination. If Executive’s employment is terminated pursuant to Section 4.1(e) or (g), the Company shall pay Executive
as follows:

(a)            
Severance pay in the amount of twelve months of Base Salary in effect the month immediately preceding the date of termination;
plus

(b)           
Any accrued vacation time plus four weeks’ vacation time (with the cash value of vacation time based on the Base
Salary in effect at the time of the termination); plus

(c)            
Twelve months of any bonus compensation based on the last Board Bonus Plan in effect prorated to a bonus amount per month
and in the monthly Budget; plus

(d)           
Full value of all Commissions as and when the applicable payments are received by the Company for all License Agreements
entered into as of the date of termination; plus

(e)            
Immediate vesting to Executive of all Options granted to her plus the immediate grant and vesting of any shares that failed
to vest for the benefit of a member of the Initial Lutz Team per paragraph 2.3.

ARTICLE V

INVENTIONS AND TRADEMARK; CONFIDENTIAL INFORMATION; NON-DISCLOSURE; UNFAIR COMPETITION; CONFLICT OF INTEREST

5.1           
Inventions and Trademark. All ideas, inventions, trademarks, proprietary information, know-how, processes and other
developments or improvements developed by Executive, alone or with others, during the Term, that are within the scope of Company’s
business operations or that relate to Company’s work or projects, are the exclusive property of Company. In that regard,
Executive agrees to disclose promptly to Company any and all inventions, discoveries, trademarks, proprietary information, know-how,
processes or improvements, patentable or otherwise, that it and/or she may make from the beginning of Executive’s employment
until the termination thereof, that relate to the business of Company, whether such is made solely or jointly with others. Executive
further agrees that, during the Term, she will provide Company with a reasonable level of assistance, at Company’s sole
option and expense, to obtain patents in the United States of America, or elsewhere on any such ideas, inventions, trademarks
and other developments, and agrees to execute all documents necessary to obtain such patents in the name of Company.

5.2           
Confidential Information. Executive shall hold and keep confidential for the benefit of Company all secret or confidential
information, files, documents other media in which confidential information is contained, knowledge or data (collectively the
“Confidential Information”) relating to Company or any of its affiliated companies, and their respective businesses,
which shall have been obtained by Executive during Executive’s employment by Company or any of its affiliated companies.
Confidential Information does not include information that is already public knowledge at the time of disclosure (other than by
acts by Executive or her representatives in violation of this Agreement) or that is provided to Executive by a third party without
an obligation with Company to maintain the confidentiality of such information. After termination of Executive’s employment
with Company, she shall not, without the prior written consent of Company, or as may otherwise be required by law or legal process,
communicate or divulge any Confidential Information to anyone other than Company and those designated by it. Executive shall acknowledge
that all confidential documents are and shall remain the sole and exclusive property of Company regardless of who originally acquired
the confidential documents. Executive agrees to return to Company promptly upon the expiration or termination of her employment
or at any other time when requested by Company, any and all property of Company, including, but not limited to, all confidential
documents and copies thereof in her possession or control. Any loss resulting from a breach of the foregoing obligations by Executive
to protect the Confidential Information could not be reasonably or adequately compensated in damages in an action at law. Therefore,
in addition to other remedies provided by law or this Agreement, Company shall have the right to obtain injunctive relief, in
the appropriate court, at any time, against the dissemination by Executive of the Confidential Information, or the use of such
information by Executive in violation hereof.

5.2.1      
Restriction on Use of Confidential/Trade Secret Information. Executive agrees that her use of confidential/trade
secret information is subject to the following restrictions for an indefinite period of time so long as the confidential/trade
secret information has not become generally known to the public:

(a)            
Non-Disclosure. Executive agrees that she will not publish or disclose, or allow to be published or disclosed, confidential/trade
secret information to any person without the prior written authorization of the Company unless pursuant to Executive’s job
duties to the Company under this Agreement.

(b)           
Non-Removal/Surrender. Executive agrees that she will not remove any confidential/trade secret information from
the offices of the Company or the premises of any facility in which the Company is performing services, except pursuant to her
duties under this Agreement. Executive further agrees that she shall surrender to the Company all documents and materials in her
possession or control which contain confidential/trade secret information and which are the property of the Company upon the termination
of this Agreement, and that she shall not thereafter retain any copies of any such materials.

5.2.2      
Non-Solicitation of Customers/Prohibition Against Unfair Competition. Executive agrees that at no time after her
employment with the Company will she engage in competition with the Company while making any use of the Company’s confidential/trade
secret information. Without limiting the obligations of Executive under Section 5.2.1, for a period of one year after termination
of her employment, Executive agrees that she will not directly or indirectly accept or solicit, whether as an employee, independent
contractor or in any other capacity, the business of any customer of the Company with whom Executive worked or otherwise had access
to the Company’s confidential/trade secret information pertaining to its business with that customer during the last year
of her employment with the Company if such business is then competitive with the business of the Company.

5.3           
Non-Solicitation During Employment. Executive shall not during her employment inappropriately interfere with the
Company’s business relationship with its customers or suppliers or solicit any of the employees of the Company to leave
the employ of the Company.

5.4           
Non-Solicitation of Executive. Executive agrees that, for one year following the termination of her employment,
she shall not, directly or indirectly, ask or encourage any of the Company’s employees to leave their employment with the
Company or solicit any of the Company’s employees for employment.

5.5           
Breach of Provisions. If Executive breaches any of the provisions of this Section 5, or in the event that any
such breach is threatened by Executive, in addition to and without limiting or waiving any other remedies available to the Company
at law or in equity, the Company shall be entitled to immediate injunctive relief in any court, domestic or foreign, having the
capacity to grant such relief, to restrain any such breach or threatened breach and to enforce the provisions of this Section 5.
Notwithstanding anything herein to the contrary, Executive shall not have any liability under this Section 5 unless Executive
shall have personally breached or participated in the breach of the provisions thereof.

5.6           
Reasonable Restrictions. The parties acknowledge that the foregoing restrictions, as well as the duration and the
territorial scope thereof as set forth in this Section 5, are under all of the circumstances reasonable and necessary for
the protection of the Company and its business.

5.7           
Definition. For purposes of this section 5, the term “Company” shall be deemed to include
any parent, subsidiary or affiliate of the Company.

ARTICLE VI

MISCELLANEOUS

6.1           
Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and their
respective legal representatives, heirs, distributees, successors and assigns. Executive may not assign any of her rights and
obligations under this Agreement. The Company may assign its rights and obligations under this Agreement to any successor entity.

6.2           
Indemnification. The Company shall indemnify, defend and hold harmless Executive
to the fullest extent permitted by law from any and all actions, complaints, disputes, arbitrations, investigations, guarantees
or the like signed by Executive on behalf of the Company, or any other proceedings of any kind whatsoever, or threats thereof
(“Claims”) and any and all damages, losses, expenses (including without limitation reasonable attorneys’ fees,
disbursements and other charges of counsel incurred by Executive and selected by Company) or other liabilities, contingent or
otherwise, of any kind whatsoever arising from or relating to any aspect of Executive’s relationship with the Company, the
performance of any of Executive’s duties hereunder, or otherwise arising from or relating to any aspect of Executive’s
relationship with the Company and any current or future subsidiary or affiliates, the performance of any of Executive’s
duties hereunder, or otherwise arising from or relating to any action or inaction of Executive while serving as an officer or
director of the Company or, if applicable, as an officer or director of the Company, or, if applicable, as an officer or director
of any other entity or as a fiduciary of any benefit plan, including without limitation any personal liability of any kind under
any law, rule, regulation, agreement or understanding applicable to the Company and the persons who serve as officers and directors
thereof or any subsidiary or affiliate thereof, during the Term or thereafter unless a result of Executive’s gross negligence
or willful misconduct. The Company shall cover Executive under general liability insurance, directors’ and officers’
liability insurance errors and omissions insurance (if any) and any other Company insurance, both during and, while potential
liability exists, after the Term in the same amount and to the same extent as the Company covers its other officers and directors
and will make available to Executive any certificates of the foregoing.

6.3           
Notices. Any notice provided for herein shall be in writing and shall be deemed to have been given or made (a) when
personally delivered or (b) when sent by telecopier and confirmed within 48 hours by letter mailed or delivered to the party
to be notified at its or his/hers address set forth herein; or three days after being sent by registered or certified mail, return
receipt requested, (or by equivalent currier with delivery documentation such as FEDEX or UPS) to the address of the other party
set forth or to such other address as may be specified by notice given in accordance with this section 6.3:

	If to the Company:	1801 Century Park East, Suite
        1500

        Los Angeles, California 90067

         

	If to Executive:	351 Creek Road

        Moorestown, New Jersey 08057

         

 

6.4           
Severability. If any provision of this Agreement, or portion thereof, shall be held invalid or unenforceable by
a court of competent jurisdiction, such invalidity or unenforceability shall attach only to such provision or portion thereof,
and shall not in any manner affect or render invalid or unenforceable any other provision of this Agreement or portion thereof,
and this Agreement shall be carried out as if any such invalid or unenforceable provision or portion thereof were not contained
herein. In addition, any such invalid or unenforceable provision or portion thereof shall be deemed upon the written consent of
the parties, modified, amended or limited to the extent necessary to render the same valid and enforceable.

6.5           
Waiver. No waiver by a party hereto of a breach or default hereunder by the other party shall be considered valid,
unless expressed in a writing signed by such party against whom the waiver is imposed, and no such waiver shall be deemed a waiver
of any subsequent breach or default of the same or any other nature.

6.6           
Entire Agreement. This Agreement sets forth the entire agreement between the Parties with respect to the subject
matter hereof, and supersedes any and all prior agreements between the Company or Executive, whether written or oral, relating
to any or all matters covered by and contained or otherwise dealt with in this Agreement. This Agreement does not constitute a
commitment of the Company with regard to Executive’s employment, express or implied, other than to the extent expressly
provided for herein.

6.7           
Amendment. No modification, change or amendment of this Agreement or any of its provisions shall be valid, unless
in writing and signed by the party against whom such claimed modification, change or amendment is sought to be enforced.

6.8           
Authority. The Parties each represent and warrant that it or she has the power, authority and right to enter into
this Agreement and to carry out and perform the terms, covenants and conditions hereof.

6.9           
Attorneys’ Fees. If either party hereto commences an arbitration or other action against the other party to
enforce any of the terms hereof or because of the breach by such other party of any of the terms hereof, the prevailing party
shall be entitled, in addition to any other relief granted, to all actual out-of-pocket costs and expenses incurred by such prevailing
party in connection with such action, including, without limitation, all reasonable attorneys’ fees, and a right to such
costs and expenses shall be deemed to have accrued upon the commencement of such action and shall be enforceable whether or not
such action is prosecuted to judgment.

6.10        
Titles. The titles of the sections of this Agreement are inserted merely for convenience and ease of reference and
shall not affect or modify the meaning of any of the terms, covenants or conditions of this Agreement.

6.11        
Applicable Law; Choice of Forum. This Agreement, and all of the rights and obligations of the parties in connection
with the employment relationship established hereby, shall be governed by and construed in accordance with the substantive laws
of the State of California without giving effect to principles relating to conflicts of law.

6.12        
Arbitration.

6.12.1   
Scope. To the fullest extent permitted by law, Executive and the Company agree to the binding arbitration of any
and all controversies, claims or disputes between them arising out of or in any way related to this Agreement, the employment
relationship between the Company and Executive and any disputes upon termination of employment, including but not limited to breach
of contract, tort, discrimination, harassment, wrongful termination, demotion, discipline, failure to accommodate, family and
medical leave, compensation or benefits claims, constitutional claims; and any claims for violation of any local, state or federal
law, statute, regulation or ordinance or common law. For the purpose of this agreement to arbitrate, references to “Company”
include all parent, subsidiary or related entities and their employees, supervisors, officers, directors, agents, pension or benefit
plans, pension or benefit plan sponsors, fiduciaries, administrators, affiliates and all successors and assigns of any of them,
and this agreement to arbitrate shall apply to them to the extent Executive’s claims arise out of or relate to their actions
on behalf of the Company.

6.12.2   
Arbitration Procedure. To commence any such arbitration proceeding, the party commencing the arbitration must provide
the other party with written notice of any and all claims forming the basis of such right in sufficient detail to inform the other
party of the substance of such claims. In no event shall this notice for arbitration be made after the date when institution of
legal or equitable proceedings based on such claims would be barred by the applicable statute of limitations. The arbitration
will be conducted in Los Angeles, California, by a single neutral arbitrator and in accordance with the then-current rules for
resolution of employment disputes of the American Arbitration Association (“AAA”). The Arbitrator is to be
selected by the mutual agreement of the Parties. If the Parties cannot agree, the Superior Court will select the arbitrator. The
parties are entitled to representation by an attorney or other representative of their choosing. The arbitrator shall have the
power to enter any award that could be entered by a judge of the trial court of the State of California, and only such power,
and shall follow the law. The award shall be binding and the Parties agree to abide by and perform any award rendered by the arbitrator.
The arbitrator shall issue the award in writing and therein state the essential findings and conclusions on which the award is
based. Judgment on the award may be entered in any court having jurisdiction thereof. The Company shall bear the costs of the
arbitration filing and hearing fees and the cost of the arbitrator.

6.13        
Survival. This Agreement shall not be terminated by any voluntary or involuntary dissolution of the Company resulting
from either a merger or consolidation in which the Company is not the consolidated or surviving corporation, or a transfer of
all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets,
Executive’s rights, benefits and obligations hereunder shall be assigned to the surviving or resulting corporation or the
transferee of the Company’s assets.

[Signature page
follows]

 

    	(1)

    	 

    

 

IN WITNESS
WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

 

	EXECUTIVE:

         

         

 /s/ Susan M. DiBiase Lutz

        

        Susan M. DiBiase Lutz

         
	BLUESKY SYSTEMS HOLDINGS,
        INC.,

        a Nevada corporation

         

         

        By: /s/ Dan Kehoe

        Name: Dan Kehoe

        Title:PresidentEX-4.1

This AMENDED AND RESTATED CREDIT AGREEMENT (as the same may from time to time be amended,
restated or otherwise modified, this “Agreement”) is made effective as of December 9, 2011, among
the following:

(i) NORDSON CORPORATION, an Ohio corporation (“Nordson”, together with each Foreign
Borrower, as hereinafter defined, collectively, “Borrowers” and individually, each a
“Borrower”);

(ii) the financial institutions from time to time a party hereto (including any such
institution that becomes a party hereto pursuant to Section 10.10 hereof, collectively,
“Banks”, and individually each a “Bank”);

(iii) KEYBANK NATIONAL ASSOCIATION, as Joint Lead Arranger, Joint Bookrunner and
Administrative Agent for the Banks under this Agreement (in such capacity as Administrative
Agent, “Agent”);

(iv) J.P. MORGAN SECURITIES LLC, as Joint Lead Arranger, Joint Bookrunner and
Co-Syndication Agent;

(v) THE BANK OF TOKYO – MITSUBISHI UFJ, LTD, as Joint Lead Arranger, Joint Bookrunner
and Co-Syndication Agent;

(vi) PNC BANK, NATIONAL ASSOCIATION, as Joint Lead Arranger, Joint Bookrunner and
Co-Documentation Agent;

(vii) RBS CITIZENS, N.A., as Joint Lead Arranger, Joint Bookrunner and Co-Documentation
Agent; and

(viii) WELLS FARGO BANK, NATIONAL ASSOCIATION, as Senior Managing Agent.

WITNESSETH:

WHEREAS, Borrowers and the Banks desire to contract for the establishment of credits in the
aggregate principal amounts hereinafter set forth, to be made available to Borrowers upon the terms
and subject to the conditions hereinafter set forth;

NOW, THEREFORE, it is mutually agreed as follows:

ARTICLE I.

DEFINITIONS

Section 1.01 Definitions. As used in this Agreement, the following terms shall have
the following meanings:

“2008 Note Purchase Agreement” shall mean the Note Purchase and Private Shelf Agreement, dated
as of February 22, 2008, pursuant to which Nordson issued and sold Fifty Million Dollars
($50,000,000) in aggregate principal amount of its 4.98% Series A Senior Notes due February 22,
2013.

“2011 NYLIM Note Purchase Agreement” shall mean the Note Purchase and Private Shelf Agreement,
dated as of June 30, 2011, pursuant to which Nordson issued and sold Seventy-Five Million Dollars
($75,000,000) in aggregate principal amount of its Senior Notes and may issue and sell up to an
additional Seventy-Five Million Dollars ($75,000,000) of its Senior Notes.

“2012 Senior Note Purchase Agreements” shall mean those Note Purchase Agreements contemplated
to be entered into by Nordson with certain purchasers pursuant to which Nordson may issue and sell
its senior notes in an aggregate principal amount up to Two Hundred Million Dollars ($200,000,000).

“Acquisition” shall mean any transaction or series of related transactions for the purpose of
or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the
assets of any Person, or any business or division of any Person, (b) the acquisition of in excess
of fifty percent (50%) of the stock (or other equity interest) of any Person, or (c) the
acquisition of another Person (other than Nordson or a Subsidiary) by a merger or consolidation or
any other combination with such Person.

“Adjusted LIBOR Rate” shall mean a rate per annum equal to the quotient obtained (rounded
upwards, if necessary, to the nearest 1/100th of 1%) by dividing (a) the applicable LIBOR Rate by
(b) 1.00 minus the Reserve Percentage.

“Advantage” shall mean any payment (whether made voluntarily or involuntarily, by offset of
any deposit or other indebtedness or otherwise) received by any Bank in respect of the Debt, if
such payment results in that Bank having less than its pro rata share of the Debt then outstanding,
than was the case immediately before such payment.

“Affiliate” shall mean with respect to any specified Person, any other Person that, directly
or indirectly, controls, is controlled by, or is under common control with such specified Person,
and “control” (including the correlative meanings, the terms “controlling”, “controlled by” and
“under common control with”) shall mean the possession, directly or indirectly of, the power to
direct or cause the direction of the management and policies of such specified Person, whether
through the ownership of voting securities, by contract or otherwise.

“Agent Fee Letter” shall mean the Agent Fee Letter, dated as of November 3, 2011, between
Nordson and Agent.

“Agreement” shall have the meaning provided in the first paragraph hereof.

“Alternate Currency” shall mean Euros, Pounds Sterling, Japanese Yen or any other currency,
other than Dollars, agreed to by Agent in consultation with the Banks that is freely transferable
and convertible into Dollars.

“Alternate Currency Loan” shall mean a Loan that is denominated in an Alternate Currency on
which Borrowers shall pay interest at a rate based on the Adjusted LIBOR Rate.

“Anti-Terrorism Law” shall mean the USA Patriot Act or any other law pertaining to the
prevention of future acts of terrorism, in each case as such law may be amended from time to time.

“Applicable Facility Fee Rate” shall mean:

(a) for the period from the Closing Date until the first adjustment date
pursuant to clause (b) hereafter, 12.50 basis points; and

(b) commencing with the financial statements for FQE January 31, 2012, the
number of basis points set forth in the following matrix, based upon the result of
the computation of the Leverage Ratio, shall be used to establish the number of
basis points that will go into effect on March 1, 2012

and thereafter:

	 	 	 
	Leverage Ratio	 	Facility Fee Rate
	Greater than 3.25 to 1.00

	 	20.00 basis points
	 

	 	 
	Greater than 2.75 to 1.00, but less than or equal to 3.25

to 1.00

	 	17.50 basis points

	 

	 	 
	Greater than 2.00 to 1.00, but less than or equal to 2.75

to 1.00

	 	15.00 basis points

	 

	 	 
	Greater than 1.25 to 1.00, but less than or equal to 2.00

to 1.00

	 	12.50 basis points

	 

	 	 
	Greater than 0.50 to 1.00, but less than or equal to 1.25

to 1.00

	 	10.00 basis points

	 

	 	 
	Less than or equal to 0.50 to 1.00

	 	9.00 basis points
	 

	 	 

Changes to the Applicable Facility Fee Rate shall be effective on the first day of the month
following the date upon which Agent received, or, if earlier, should have received, pursuant to
Section 5.02 (a) and (b) hereof, the financial statements of the Companies. The above matrix does
not modify or waive, in any respect, the requirements of Section 5.06 hereof, the rights of Agent
and the Banks to charge the Default Rate, or the rights and remedies of Agent and the Banks
pursuant to Articles VII and VIII hereof.

“Applicable Margin” shall mean:

(a) for the period from the Closing Date until the first adjustment date
pursuant to clause (b) hereafter, 87.5 basis points for Eurodollar Loans; and

(b) commencing with the financial statements for FQE January 31, 2012, the number of
basis points set forth in the following matrix, based upon the result of the computation of
the Leverage Ratio, shall be used to establish the number of basis points that will go into
effect on March 1, 2012 and thereafter:

	 	 	 	 	 
	Leverage Ratio	 	Eurodollar Margin	 	Base Rate Margin
	Greater than 3.25 to 1.00

	 	155.00 basis points
	 	55.00 basis points
	 

	 	 
	 	 
	Greater than 2.75 to 1.00, but less

than or equal to 3.25 to 1.00

	 	132.50 basis points

	 	32.50 basis points

	 

	 	 
	 	 
	Greater than 2.00 to 1.00, but less

than or equal to 2.75 to 1.00

	 	110.00 basis points

	 	10.00 basis points

	 

	 	 
	 	 
	Greater than 1.25 to 1.00, but less

than or equal to 2.00 to 1.00

	 	87.50 basis points

	 	0.00 basis points

	 

	 	 
	 	 
	Greater than 0.50 to 1.00, but less

than or equal to 1.25 to 1.00

	 	77.50 basis points

	 	0.00 basis points

	 

	 	 
	 	 
	Less than or equal to 0.50 to 1.00

	 	66.00 basis points
	 	0.00 basis points
	 

	 	 
	 	 

Changes to the Applicable Margin shall be effective on the first day of the month following the
date upon which Agent received, or, if earlier, Agent should have received, pursuant to Section
5.02 (a) and (b) hereof, the financial statements of the Companies. The above matrix does not
modify or waive, in any respect, the requirements of Section 5.06 hereof, the rights of Agent and
the Banks to charge the Default Rate, or the rights and remedies of Agent and the Banks pursuant to
Articles VII and VIII hereof.

“Assignment Agreement” shall mean an Assignment and Assumption Agreement in the form of the
attached Exhibit E.

“Augmenting Bank” has the meaning provided in Section 2.07(b) hereof.

“Authorized Officer” shall mean (i) in the case of Nordson, its chief executive officer, its
chief financial officer, its treasurer, or any vice president of Nordson designated as an
“Authorized Officer” of Nordson for the purpose of this Agreement in an Officer’s Certificate
executed by Nordon’s chief executive officer or chief financial officer and delivered to the Agent
and (ii) in the case of the Agent or any Bank, any vice president, senior vice president or person
holding an equivalent or greater title of the Agent or any Bank. Any action taken under this
Agreement on behalf of Nordson by any individual who on or after the date of this Agreement shall
have been an Authorized Officer of Nordson and whom Agent or any Bank in good faith believes to be
an Authorized Officer of Nordson at the time of such action shall be binding on Nordson even though
such individual shall have ceased to be an Authorized Officer of Nordson, and any action taken
under this Agreement on behalf of the Agent or any Bank by any individual who on or after the date
of this Agreement shall have been an Authorized Officer of the Agent or such Bank and whom Nordson
in good faith believes to be an Authorized Officer of the Agent or such Bank at the time of such
action shall be binding on the Agent or such Bank even though such individual shall have ceased to
be an Authorized Officer of the Agent or such Bank.

“Bank” has the meaning set forth in the first paragraph of this Agreement and, in the case of
any Bank who elects to make Loans to a Foreign Borrower through a branch or affiliate in accordance
with Section 3.06 hereof, the term “Bank” shall include such branch or affiliate where appropriate.

“Base Rate” shall mean a rate per annum equal to the greatest of (a) the Prime Rate,
(b) one-half of one percent (1/2%) in excess of the Federal Funds Effective Rate, and (iii) the
then-applicable LIBOR Rate for one month interest periods, plus 1.00% per annum. Any change in the
Base Rate shall be effective immediately from and after such change in the Base Rate.

“Base Rate Loan” shall mean a Loan described in Section 2.01 hereof on which Borrowers shall
pay interest at a rate based on the Base Rate.

“Borrower” shall have the meaning set forth in the first paragraph of this Agreement.

“Business Day” shall mean a day of the year on which banks are not required or authorized to
close in Cleveland, Ohio, and, if the applicable Business Day relates to any Eurodollar Loan, on
which dealings are carried on in the London interbank eurodollar market, and, if the applicable
Business Day relates to any Alternate Currency Loan, on which commercial banks are open for
international business (including the clearing of currency transfer in the relevant Alternate
Currency) in the principal financial center of the home country of such Alternate Currency.

“Capital Distribution” shall mean a payment made, liability incurred or other consideration
given for the purchase, acquisition, redemption or retirement of any capital stock or other equity
interest of Nordson or any Subsidiary or as a dividend, return of capital or other distribution
(other than any stock dividend, stock split or other equity distribution payable only in capital
stock or other equity of Nordson or any Subsidiary of Nordson in respect of Nordson’s or any
Subsidiary’s capital stock or other equity interest, including, but not limited to, any Share
Repurchase.

“Cash Equivalent” shall mean any debt instrument that would be deemed a cash equivalent in
accordance with GAAP.

“Change in Law” shall mean the occurrence, after the date of this Agreement, of any of the
following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change
in any law, rule, regulation or treaty or in the administration, interpretation, implementation or
application thereof by any Governmental Authority or (c) the making or issuance of any request,
rule, guideline or directive (whether or not having the force of law) by any Governmental
Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall
Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives
thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives
promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision
(or any successor or similar authority) or the United States or foreign regulatory authorities, in
each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless
of the date enacted, adopted or issued.

“Change of Control” shall mean (a) the acquisition of, or, if earlier, the shareholder or
director approval of the acquisition of, ownership or voting control, directly or indirectly,
beneficially or of record, on or after the Closing Date, by any Person or group (within the meaning
of Rule 13d-3 of the Exchange Act) other than the Current Management Team, of shares representing
more than fifty percent (50%) of the aggregate ordinary Voting Power represented by the issued and
outstanding capital stock of Nordson; (b) the occupation of a majority of the seats (other than
vacant seats) on the board of directors of Nordson by persons who were neither (i) nominated by the
board of directors of Nordson nor (ii) appointed by directors so nominated; or (c) the occurrence
of a change of control, or other similar provision, as defined in any Material Indebtedness
Agreement.

“CIP Regulations” shall mean the meaning provided in Section 9.11 hereof.

“Closing Date” shall mean the effective date of this Agreement, which date is December 9,
2011.

“Code” shall mean the Internal Revenue Code of 1986, as amended, together with the rules and
regulations promulgated thereunder.

“Commitment” shall mean the obligation hereunder of the Banks to make Revolving Loans during
the Commitment Period pursuant to the Revolving Commitments up to the Total Commitment Amount.

“Commitment Percentage” shall mean, at any time for any Bank, a percentage obtained by
dividing such Bank’s Revolving Commitment by the Total Commitment Amount. The Commitment
Percentage for each Bank as of the Closing Date is set forth opposite such Bank’s name under the
column headed “Commitment Percentage” as described in Schedule 1-A hereto.

“Commitment Period” shall mean the period from the Closing Date to December 9, 2016, or such
earlier date on which the Commitment shall have been terminated pursuant to Article VIII hereof.

“Company” shall mean Nordson or a Subsidiary.

“Companies” shall mean Nordson and all its Subsidiaries.

“Compliance Certificate” shall mean a certificate, substantially in the form of the attached
Exhibit D.

“Connection Income Taxes” shall mean Other Connection Taxes that are imposed on or measured by
net income (however denominated) or that are franchise Taxes or branch profits Taxes.

“Consideration” shall mean, in connection with an Acquisition, the aggregate consideration
paid, including borrowed funds, cash, the issuance of securities or notes, the assumption or
incurring of liabilities (direct or contingent), the payment, in excess of fair and reasonable
amounts, of consulting fees or fees for a covenant not to compete and any other consideration paid
for the purchase.

“Consolidated” shall mean the resultant consolidation of the financial statements of Nordson
and its Subsidiaries in accordance with GAAP, including principles of consolidation consistent with
those applied in preparation of the consolidated financial statements referred to in Section
5.02(a) and (b) hereof.

“Consolidated Depreciation and Amortization Charges” shall mean, for any period, the aggregate
of all depreciation and amortization charges for fixed assets, leasehold improvements and general
intangibles (specifically including goodwill) as well as impairments thereof and any losses traced
to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles
associated with the disposal or exiting of a business of Nordson or any of its Subsidiaries for
such period, all as determined on a Consolidated basis and in accordance with GAAP.

“Consolidated EBIT” shall mean, for any period, on a Consolidated basis and in accordance with
GAAP, Consolidated Net Earnings for such period plus the aggregate amounts deducted in determining
such Consolidated Net Earnings in respect of (a) income taxes, (b) Consolidated Interest Expense,
(c) any non-cash charges.

“Consolidated EBITDA” shall mean, for any period, Consolidated EBIT plus Consolidated
Depreciation and Amortization Charges.

“Consolidated Interest Expense” shall mean, for any period, the interest expense of Nordson
for such period, as determined on a Consolidated basis and in accordance with GAAP, and shall
include that portion of the expenses of a Permitted Receivables Facility that would be the
equivalent to interest expense if a Borrower obtained funding in a manner that would give rise to
interest expense, in an amount approximately equal to the amount of the Permitted Receivables
Facility.

“Consolidated Net Earnings” shall mean, for any period, the net income (loss) of Nordson for
such period, as determined on a Consolidated basis and in accordance with GAAP.

“Consolidated Total Assets” shall mean the book value of all assets of Nordson and its
Subsidiaries, as determined on a Consolidated basis and in accordance with GAAP, based upon the
financial statements of Nordson for the most recently completed fiscal quarter.

“Consolidated Trailing EBITDA” shall mean the sum of (a) Consolidated EBITDA, plus (b)(i)
without duplication, the EBITDA of Subsidiaries acquired by Nordson and its Subsidiaries during the
most recently completed four (4) fiscal quarters to the extent that such EBITDA of Subsidiaries
acquired is confirmed by audited financial or other information (which other information need not
be audited or auditable) satisfactory to the Agent minus (ii) the EBITDA of Subsidiaries disposed
of by Nordson and its Subsidiaries during the most recently completed four (4) fiscal quarters.

“Consolidated Trailing Interest Expense” shall mean the sum of (a) Consolidated Interest
Expense, plus (b)(i) without duplication, the interest expense of Subsidiaries acquired by Nordson
and its Subsidiaries during the most recently completed four (4) fiscal quarters to the extent that
such interest expense of such Subsidiaries acquired is confirmed by audited financial or other
information (which other information need not be audited or auditable) satisfactory to the Agent,
minus (ii) the interest expense of Subsidiaries disposed of by Nordson and its Subsidiaries during
the most recently completed four (4) fiscal quarters.

“Consolidated Trailing Net Earnings” shall mean the sum of (a) Consolidated Net Earnings, plus
(b)(i) without duplication, the Net Earnings of Subsidiaries acquired by Nordson and its
Subsidiaries during the most recently completed four (4) fiscal quarters to the extent that such
Net Earnings of such Subsidiaries acquired is confirmed by audited financial or other information
(which other information need not be audited or auditable) satisfactory to the Agent, minus (ii)
the Net Earnings of Subsidiaries disposed of by Nordson and its Subsidiaries during the most
recently completed four (4) fiscal quarters.

“Controlled Group” shall mean Nordson and each Person required to be aggregated with Nordson
under Code Sections 414(b), (c), (m) or (o).

“Current Management Team” shall mean any group comprised of the chief executive officer, the
chief operating officer, the chief financial officer and other senior management of Nordson (or any
combination thereof) as in place on the Closing Date, and their respective spouses and children
(and/or trusts of which the only beneficiaries are such members of senior management and their
respective spouses and children) or any “group” (within the meaning of Rule 13d under the Exchange
Act) that includes at least three (3) of such members of senior management, together with their
“affiliates” and “associates” (within the meaning of Rule 12b-2 under the Exchange Act).

“Debt” shall mean, collectively, all Indebtedness incurred by Borrowers to Agent and the Banks
pursuant to this Agreement and includes the principal amount of and interest (including any
interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar
proceeding, regardless of whether allowed or allocable in such proceeding) on all Loans and each
extension, renewal or refinancing thereof in whole or in part, the facility fees, other fees and
any prepayment fees and other amounts payable hereunder.

“Debtor Relief Laws” shall mean the Bankruptcy Code of the United States of America, and all
other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors,
moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws
of the United States or other applicable jurisdictions from time to time in effect.

“Default” shall mean any of the events specified in Article VII, whether or not any
requirement for such event to become an Event of Default has been satisfied.

“Defaulting Bank” shall mean, subject to Section 2.10(b), any Bank that (a) has failed to (i)
fund all or any portion of its Loans within two Business Days of the date such Loans were required
to be funded hereunder unless such Bank notifies the Agent and the Borrowers in writing that such
failure is the result of such Bank’s determination that one or more conditions precedent to funding
(each of which conditions precedent, together with any applicable default, shall be specifically
identified in such writing) has not been satisfied, or (ii) pay to the Agent, any Swing Line Bank
or any other Bank any other amount required to be paid by it hereunder (including in respect of its
participation in Swing Loans) within two Business Days of the date when due, (b) has notified the
Borrowers, the Agent or Swing Line Bank in writing that it does not intend to comply with its
funding obligations hereunder, or has made a public statement to that effect (unless such writing
or public statement relates to such Bank’s obligation to fund a Loan hereunder and states that such
position is based on such Bank’s determination that a condition precedent to funding (which
condition precedent, together with any applicable default, shall be specifically identified in such
writing or public statement) cannot be satisfied), (c) has failed, within three Business Days after
written request by the Agent or the Borrowers, to confirm in writing to the Agent and the Borrowers
that it will comply with its prospective funding obligations hereunder (provided that such Bank
shall cease to be a Defaulting Bank pursuant to this clause (c) upon receipt of such written
confirmation by the Agent and the Borrowers), or (d) has, or has a direct or indirect parent
company that has, (i) become the subject of a proceeding under any Debtor Relief Law, or (ii) had
appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the
benefit of creditors or similar Person charged with reorganization or liquidation of its business
or assets, including the Federal Deposit Insurance Corporation or any other state or federal
regulatory authority acting in such a capacity; provided that a Bank shall not be a Defaulting Bank
solely by virtue of the ownership or acquisition of any equity interest in that Bank or any direct
or indirect parent company thereof by a Governmental Authority so long as such ownership interest
does not result in or provide such Bank with immunity from the jurisdiction of courts within the
United States or from the enforcement of judgments or writs of attachment on its assets or permit
such Bank (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts
or agreements made with such Bank. Any reasonable determination by the Agent that a Bank is a
Defaulting Bank under any one or more of clauses (a) through (d) above shall be conclusive and
binding absent manifest error, and such Bank shall be deemed to be a Defaulting Bank (subject to
Section 2.10(B)) upon delivery of written notice of such determination to the Borrower, each Swing
Line Bank and each Bank.

“Default Rate” shall mean, with respect to any Loan, a rate per annum equal to two percent
(2%) in excess of the rate otherwise applicable thereto, and, with respect to any other amount, if
no rate is specified or available, then two percent (2%) in excess of the Base Rate.

“Depreciation and Amortization Charges” shall mean, with respect to any Person for any period,
in accordance with GAAP, the aggregate of all such charges for fixed assets, leasehold improvements
and general intangibles (specifically including goodwill) of such Person as well as impairments
thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements
and general intangibles associated with the disposal or exiting of a business by such Person for
such period.

“Derived Fixed Rate” shall mean (a) with respect to a Eurodollar Loan, a rate per annum equal
to the sum of the Applicable Margin (from time to time in effect) plus the Adjusted LIBOR Rate, or
(b) with respect to an Alternate Currency Loan, a rate per annum equal to the sum of the Applicable
Margin (from time to time in effect) plus the Adjusted LIBOR Rate applicable to the relevant
Alternate Currency, plus if applicable, the Mandatory Cost (in the case of an Alternate Currency
Loan which is lent from a lending office in the United Kingdom).

“Derived Swing Loan Rate” shall mean a rate per annum equal to (a) Agent’s costs of funds as
quoted to Nordson by Agent and agreed to by Nordson, plus (b) the Applicable Margin (from time to
time in effect).

“Dollar” and the sign “$” shall mean lawful money of the United States of America.

“Dollar Equivalent” of (a) an Alternate Currency Loan, shall mean the Dollar equivalent of the
amount of such Alternate Currency Loan, determined by Agent on the basis of its spot rate at
approximately 11:00 A.M. London time on the date two (2) Business Days before the date of such
Alternate Currency Loan, for the purchase of the relevant Alternate Currency with Dollars for
delivery on the date of such Alternate Currency Loan, and (b) any other amount, shall mean the
Dollar equivalent of such amount, determined by Agent on the basis of its spot rate at
approximately 11:00 A.M. London time on the date for which the Dollar equivalent amount of such
amount is being determined, for the purchase of the relevant Alternate Currency with Dollars for
delivery on such date; provided, however, that, in calculating the Dollar Equivalent for purposes
of determining (i) a Borrower’s obligation to prepay Loans pursuant to Section 2.09 hereof, or (ii)
a Borrower’s ability to request additional Loans pursuant to the Commitment, Agent may, in its
discretion, on any Business Day (prior to payment in full of the Debt) selected by Agent, calculate
the Dollar Equivalent of each such Loan. Agent shall notify Borrowers of the Dollar Equivalent of
such Alternate Currency Loan or any other amount at the time that Dollar Equivalent is determined.

“Domestic Company” shall mean Nordson or a Domestic Subsidiary.

“Domestic Subsidiary” shall mean a Subsidiary that is not a Foreign Subsidiary.

“EBITDA” shall mean for any period, all Net Earnings in accordance with GAAP for such period,
plus the aggregate amounts deducted in determining such Net Earnings in respect of (a) income
taxes, (b) interest expense, and (c) Depreciation and Amortization Charges, in accordance with
GAAP.

“Environmental Laws” shall mean all provisions of law, statutes, ordinances, rules,
regulations, permits, licenses, judgments, writs, injunctions, decrees, orders, awards and
standards promulgated by the government of the United States of America or any other applicable
country or sovereignty or by any state or municipality thereof or by any court, agency,
instrumentality, regulatory authority or commission of any of the foregoing concerning health,
safety and protection of, or regulation of the discharge of substances into, the environment.

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time
to time, and the regulations promulgated pursuant thereto.

“ERISA Affiliate” shall mean any corporation which is a member of the same controlled group of
corporations as Borrower within the meaning of section 414(b) of the Code, or any trade or business
which is under common control with Nordson within the meaning of section 414(c) of the Code.

“ERISA Event” shall mean (a) the existence of a condition or event with respect to an ERISA
Plan that presents a risk of the imposition of an excise tax or any other liability on a Borrower
or of the imposition of a Lien on the assets of Nordson or its Subsidiaries; (b) the engagement by
a Controlled Group member in a non-exempt “prohibited transaction” (as defined under ERISA Section
406 or Code Section 4975) or a breach of a fiduciary duty under ERISA that could result in
liability to a Borrower; (c) the application by a Controlled Group member for a waiver from the
minimum funding requirements of Code Section 412 or ERISA Section 302 or a Controlled Group member
is required to provide security under Code Section 401(a)(29) or ERISA Section 307; (d) the
occurrence of a Reportable Event with respect to any Pension Plan as to which notice is required to
be provided to the PBGC; (e) the withdrawal by a Controlled Group member from a Multiemployer Plan
in a “complete withdrawal” or a “partial withdrawal” (as such terms are defined in ERISA Sections
4203 and 4205, respectively); (f) the involvement of, or occurrence or existence of any event or
condition that makes likely the involvement of, a Multiemployer Plan in any reorganization under
ERISA Section 4241; (g) the failure of an ERISA Plan (and any related trust) that is intended to be
qualified under Code Sections 401 and 501 to be so qualified or the failure of any “cash or
deferred arrangement” under any such ERISA Plan to meet the requirements of Code Section 401(k);
(h) the taking by the PBGC of any steps to terminate a Pension Plan or appoint a trustee to
administer a Pension Plan, or the taking by a Controlled Group member of any steps to terminate a
Pension Plan; (i) the failure by a Controlled Group member or an ERISA Plan to satisfy any
requirements of law applicable to an ERISA Plan; (j) the commencement, existence or threatening of
a claim, action, suit, audit or investigation with respect to an ERISA Plan, other than a routine
claim for benefits; or (k) any incurrence by or any expectation of the incurrence by a Controlled
Group member of any liability for post-retirement benefits under any Welfare Plan, other than as
required by ERISA Section 601, et. seq. or Code Section 4980B, that, as to (a) through (k) above,
would reasonably be likely to have or result in a Material Adverse Effect.

“ERISA Plan” shall mean an “employee benefit plan” (within the meaning of ERISA Section 3(3))
that a Controlled Group member at any time sponsors, maintains, contributes to, has liability with
respect to or has an obligation to contribute to such plan.

“Eurocurrency Liabilities” shall have the meaning assigned to that term in Regulation D of the
Board of Governors of the Federal Reserve System, as in effect from time to time.

“Eurodollar Loan” shall mean a Loan described in Section 2.01 hereof on which Borrowers shall
pay interest at a rate based upon the Adjusted LIBOR Rate.

“Event of Default” shall mean any of the events specified in Article VII, provided that there
has been satisfied any requirement in connection with such event for the giving of notice, or the
lapse of time, or the happening of any further condition, event or act.

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

“Excluded Taxes” shall mean any of the following Taxes imposed on or with respect to a
Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed
on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in
each case, (i) imposed as a result of such Recipient being organized under the laws of, or having
its principal office or, in the case of any Bank, its applicable lending office located in, the
jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other
Connection Taxes, (b) in the case of a Bank, U.S. federal withholding Taxes imposed on amounts
payable to or for the account of such Bank with respect to an applicable interest in a Loan or
Commitment pursuant to a law in effect on the date on which (i) such Bank acquires such interest in
the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section
3.10) or (ii) such Bank changes its lending office, except in each case to the extent that,
pursuant to Section 3.03, amounts with respect to such Taxes were payable either to such Bank’s
assignor immediately before such Bank became a party hereto or to such Bank immediately before it
changed its lending office, (c) Taxes attributable to such Recipient’s failure to comply with
Section 3.03(f) and (d) any U.S. federal withholding Taxes imposed under FATCA.

“Existing Credit Agreement” shall have the meaning provided in Section 4.07 hereof.

“FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date of this Agreement
(or any amended or successor version that is substantively comparable and not materially more
onerous to comply with) and any current or future regulations or official interpretations thereof.

“Federal Funds Effective Rate” shall mean, for any day, the rate per annum (rounded upward to
the nearest one one-hundredth of one percent (1/100 of 1%)) announced by the Federal Reserve Bank
of New York (or any successor) on such day as being the weighted average of the rates on overnight
federal funds transactions arranged by federal funds brokers on the previous trading day, as
computed and announced by such Federal Reserve Bank (or any successor) in substantially the same
manner as such Federal Reserve Bank computes and announces the weighted average it refers to as the
“Federal Funds Effective Rate” as of the Closing Date.

“Financial Officer” shall mean any of the following officers: chief executive officer,
president, vice president-finance, chief financial officer, controller or treasurer. Unless
otherwise qualified, all references to a Financial Officer in this Agreement shall refer to a
Financial Officer of Nordson.

“Fixed Rate Loan” shall mean a Eurodollar Loan or an Alternate Currency Loan.

“Foreign Borrower” shall mean any Wholly-Owned Subsidiary of Nordson that is also a Foreign
Subsidiary of Nordson, that, on or after the Closing Date, has satisfied, in the opinion of the
Agent, the requirements of Section 2.03 hereof.

“Foreign Borrower Borrowing Limit” shall mean, at any time, One Hundred Fifty Million Dollars
($150,000,000) (or its Dollar Equivalent in Alternate Currency).

“Foreign Bank” shall mean (a) if the Borrower is a U.S. Person, a Bank that is not a U.S.
Person, and (b) if the Borrower is not a U.S. Person, a Bank that is resident or organized under
the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes.

“Foreign Subsidiary” shall mean a Subsidiary that is organized outside of the United States.

“FQE April 30” shall mean, for any fiscal year of Nordson, Nordson’s fiscal quarter of such
year ending on or about April 30.

“FQE January 31” shall mean, for any fiscal year of Nordson, Nordson’s fiscal quarter of such
year ending on or about January 31.

“FQE July 31” shall mean, for any fiscal year of Nordson, Nordson’s fiscal quarter of such
year ending on or about July 31.

“FQE October 31” shall mean, for any fiscal year of Nordson, Nordson’s fiscal quarter of such
year ending on or about October 31.

“Fronting Exposure” shall mean, at any time there is a Defaulting Bank, with respect to any
Swing Line Bank, such Defaulting Bank’s Applicable Percentage of outstanding Swing Loans made by
such Swing Line Bank other than Swing Loans as to which such Defaulting Bank’s participation
obligation has been reallocated to other Banks.

“GAAP” shall have the meaning given to such term in Section 1.02.

“Governmental Authority” shall mean the government of the United States of America or any
other nation, or of any political subdivision thereof, whether state or local, and any agency,
authority, instrumentality, regulatory body, court, central bank or other entity exercising
executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government (including any supra-national bodies such as the European Union or the
European Central Bank).

“Guarantor” shall mean a Person that pledges its credit or property in any manner for the
payment or other performance of the indebtedness, contract or other obligation of another and
includes (without limitation) any guarantor (whether of payment or of collection), surety, co-maker
or co-borrower, endorser or Person that agrees conditionally or otherwise to make any purchase,
loan or investment in order thereby to enable another to prevent or correct a default of any kind.

“Guarantor of Payment” shall mean any Subsidiary that executes and delivers a Guaranty of
Payment on or after the Closing Date, or any other Person that shall deliver a Guaranty of Payment
to the Agent or any Bank on or after the Closing Date.

“Guaranty of Payment” shall mean guaranty in the form and substance attached hereto as
Exhibit F duly completed to the reasonable satisfaction of the Agent.

“including” shall mean, unless the context clearly requires otherwise, “including without
limitation”, whether or not so stated

“Increasing Bank” has the meaning provided in Section 2.07(b) hereof.

“Indebtedness” shall mean, for Nordson or any Subsidiary (excluding in all cases trade
payables payable in the ordinary course of business by Nordson or such Subsidiary), without
duplication, (a) all obligations to repay borrowed money, direct or indirect, incurred, assumed, or
guaranteed, (b) all obligations for the deferred purchase price of capital assets, in each case,
incurred outside of the ordinary course of business, (c) all obligations under conditional sales or
other title retention agreements (other than a true consignment), in each case, incurred outside of
the ordinary course of business, (d) all obligations (contingent or otherwise) under any letter of
credit or banker’s acceptance (other than commercial, trade or other letters of credit entered into
in connection with customer or supplier relationships in the ordinary course business), (e) all
synthetic leases, (f), all obligations of Nordson or such Subsidiary with respect to the repurchase
of assets under asset securitization financing programs, including but not limited to, the
Permitted Receivables Facility, and (g) all material obligations arising outside the ordinary
course of business to advance funds to, or to purchase assets, property or services from, any other
Person in order to maintain the financial condition of such Person.

“Indemnified Taxes” shall mean (a) Taxes, other than Excluded Taxes, imposed on or with
respect to any payment made by or on account of any obligation of any Loan Party under any Loan
Document and (b) to the extent not otherwise described in (a), Other Taxes.

“Interest Adjustment Date” shall mean the last day of each Interest Period.

“Interest Coverage Ratio” shall mean, for the most recently completed four (4) fiscal quarters
of Nordson, on a Consolidated basis and in accordance with GAAP, the ratio of (a) Consolidated
Trailing EBITDA to (b) Consolidated Trailing Interest Expense, as determined as of the conclusion
of most recently completed fiscal quarter in accordance with Nordson’s customary financial
reporting practices.

“Interest Period” shall mean, with respect to a Fixed Rate Loan, a period of one (1), two (2),
three (3) or six (6) months, as selected by a Borrower in accordance with Section 2.02 hereof,
commencing on the applicable date of borrowing or conversion of such Fixed Rate Loan and on each
Interest Adjustment Date with respect thereto; provided, however, that if any such period would be
affected by a reduction in the Commitment as provided in Section 2.07 hereof, prepayment or
conversion rights or obligations as provided in Section 2.01 or 3.05 hereof, or maturity of Fixed
Rate Loans as provided in Section 2.01 hereof, such Borrower shall not select a period that extends
beyond the date of such reduction, prepayment, conversion or maturity; provided, further, that, if
(a) such Borrower fails to select a new Interest Period with respect to an outstanding Eurodollar
Loan at least three (3) Business Days prior to the Interest Adjustment Date applicable to such
Eurodollar Loan, such Borrower shall be deemed to have converted such Eurodollar Loan to a Base
Rate Loan at the end of the then current Interest Period, or (b) such Borrower fails to select a
new Interest Period with respect to an outstanding Alternate Currency Loan at least three (3)
Business Days prior to the Interest Adjustment Date applicable to such Alternative Currency Loan,
such Alternate Currency Loan shall be repaid on the last day of the applicable Interest Period.

“Leverage Ratio” shall mean, at any time, for the most recently completed four (4) fiscal
quarters of Nordson, on a Consolidated basis and in accordance with GAAP, the ratio of (a)(i) Total
Indebtedness minus (ii) the aggregate amount of cash, Cash Equivalents and other marketable
securities of Nordson and its Subsidiaries that are not subject to a Lien (other than a Lien in
favor of the Agent for the benefit of the Banks) as set forth on the financial statements of
Nordson and its Subsidiaries for the most recently completed fiscal quarter to (b) Consolidated
Trailing EBITDA, all as determined as of the conclusion of most recently completed fiscal quarter
in accordance with Nordson’s customary financial reporting practices.

“LIBOR Rate” shall mean:

(a) with respect to a Eurodollar Loan, for any Interest Period, the per annum rate of
interest, determined by Agent in accordance with its usual procedures (which determination
shall be conclusive absent manifest error) as of approximately 11:00 A.M. (London time) two
(2) Business Days prior to the beginning of such Interest Period pertaining to such
Eurodollar Loan, as provided by Reuters (or, if for any reason such rate is unavailable
from Reuters, from any other similar company or service that provides rate quotations
comparable to those currently provided by Reuters) as the rate in the London interbank
market for Dollar deposits in immediately available funds with a maturity comparable to
such Interest Period. In the event that such rate quotation is not available for any
reason, then the rate for purposes of this subpart (a) shall be the average (rounded upward
to the nearest 1/16th of 1%) of the per annum rates at which deposits in immediately
available funds in Dollars for the relevant Interest Period and in the amount of the
Eurodollar Loan to be disbursed or to remain outstanding during such Interest Period, as
the case may be, are offered to Agent (or an Affiliate of Agent, in Agent’s discretion) by
prime banks in any Eurodollar market reasonably selected by Agent, determined as of 11:00
A.M. (London time) (or as soon thereafter as practicable), two (2) Business Days prior to
the beginning of the relevant Interest Period pertaining to such Eurodollar Loan hereunder;
and

(b) with respect to an Alternate Currency Loan, for any Interest Period, the per annum
rate of interest, determined by Agent in accordance with its usual procedures (which
determination shall be conclusive absent manifest error) as of approximately 11:00 A.M.
(London time) two (2) Business Days prior to the beginning of such Interest Period
pertaining to such Alternate Currency Loan, as listed on British Bankers Association
Interest Rate LIBOR 01 or 02 as provided by Reuters (or, if for any reason such rate is
unavailable from Reuters, from any other similar company or service that provides rate
quotations comparable to those currently provided by Reuters) as the rate in the London
interbank market for deposits in the relevant Alternate Currency in immediately available
funds with a maturity comparable to such Interest Period. In the event that such rate
quotation is not available for any reason, then the rate for purposes of this subpart (b)
shall be the average (rounded upward to the nearest 1/16th of 1%) of the per
annum rates at which deposits in immediately available funds in the relevant Alternate
Currency for the relevant Interest Period and in the amount of the Alternate Currency Loan
to be disbursed or to remain outstanding during such Interest Period, as the case may be,
are offered to Agent (or an Affiliate of Agent, in Agent’s discretion) by prime banks in
any Alternate Currency market reasonably selected by Agent, determined as of 11:00 A.M.
(London time) (or as soon thereafter as practicable), two (2) Business Days prior to the
beginning of the relevant Interest Period pertaining to such Alternate Currency Loan
hereunder.

“Lien” shall mean any mortgage, security interest, lien (statutory or other), charge,
encumbrance on, pledge or deposit of, or conditional sale, leasing, sale with a right of redemption
or other title retention agreement and any capitalized lease with respect to any (real or personal)
or asset.

“Loan” shall mean a Revolving Loan or a Swing Loan.

“Loan Documents” shall mean, collectively, this Agreement, each Note, each Guaranty of
Payment, the Agent Fee Letter, the Nordson Guaranty and any other documents relating to any of the
foregoing, as any of the foregoing may from time to time be amended, restated or otherwise modified
or replaced.

“Loan Party” shall mean each Borrower and each Guarantor.

“Mandatory Cost” shall mean, with respect to any period, the percentage rate per annum
determined in accordance with Schedule 1-B hereto.

“Material Adverse Effect” shall mean a material adverse effect on (a) the business,
operations, property or condition (financial or otherwise) of Nordson and its Subsidiaries taken as
a whole, or (b) the validity or enforceability of this Agreement or any of the other Loan Documents
or the rights and remedies of the Agent of the Banks hereunder or thereunder.

“Material Indebtedness Agreement” shall mean any debt instrument, lease (capital, operating or
otherwise), guaranty, contract, commitment, agreement or other arrangement evidencing any
Indebtedness of Nordson or any Subsidiary in an amount equal to or greater than the greater of (i)
Fifty Million Dollars ($50,000,000) and (ii) an amount equal to five percent (5%) of Consolidated
Total Assets.

“Moody’s” shall mean Moody’s Investors Service, Inc., or any successor to such company.

“Multiemployer Plan” shall mean a Pension Plan that is subject to the requirements of Subtitle
E of Title IV of ERISA.

“Net Earnings” shall mean, for any period, the net income (loss) for such period, determined
in accordance with GAAP.

“Non-Consenting Bank” shall mean any Bank that does not approve any consent, waiver or
amendment that (i) requires the approval of all affected Banks in accordance with the terms of
Section 10.03 and (ii) has been approved by the Required Banks.

“Non-Defaulting Bank” shall mean, at any time, each Bank that is not a Defaulting Bank at such
time.

“Non-Increasing Bank” has the meaning provided in Section 2.07(b) hereof.

“Nordson” shall have the meaning provided in the first paragraph hereof.

“Note” shall mean any Revolving Note, the Swing Line Note or any other note delivered pursuant
to this Agreement.

“Note Purchase Agreements” shall mean, collectively, the 2011 NYLIM Note Purchase, the 2012
Senior Note Purchase Agreement and the 2008 Note Purchase Agreement.

“Nordson” shall have the meaning provided in the first paragraph hereof.

“Nordson Guaranty” shall mean a Guaranty of Payment in the form of the attached Exhibit
F.

“Notice of Loan” shall mean a Notice of Loan in the form of the attached Exhibit C.

“Obligor” shall mean (a) a Person whose credit or any of whose property is pledged to the
payment of the Debt and includes, without limitation, any Guarantor, and (b) any signatory to a
Related Writing.

“Organizational Documents” shall mean, with respect to any Person (other than an individual),
such Person’s Articles (Certificate) of Incorporation, or equivalent formation documents, and
Regulations (Bylaws), or equivalent governing documents, and any amendments to any of the
foregoing.

“Other Connection Taxes” shall mean, with respect to any Recipient, Taxes imposed as a result
of a present or former connection between such Recipient and the jurisdiction imposing such Tax
(other than connections arising from such Recipient having executed, delivered, become a party to,
performed its obligations under, received payments under, received or perfected a security interest
under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or
assigned an interest in any Loan or Loan Document).

“Other Taxes” shall mean all present or future stamp, court or documentary, intangible,
recording, filing or similar Taxes that arise from any payment made under, from the execution,
delivery, performance, enforcement or registration of, from the receipt or perfection of a security
interest under, or otherwise with respect to, any Loan Document, except any such Taxes that are
Other Connection Taxes imposed with respect to an assignment (other than an assignment made
pursuant to Section 3.10).

“Participant” shall have the meaning provided to such term in clause (c) of Section 10.11.

“Participant Register” shall have the meaning specified in clause (c) of Section 10.11.

“PBGC” shall mean the Pension Benefit Guaranty Corporation, or any successor or replacement
entity thereto under ERISA.

“Pension Plan” shall mean an ERISA Plan that is a “pension plan” (within the meaning of ERISA
Section 3(2)).

“Permitted Receivables Facility” shall mean an accounts receivable facility whereby Nordson or
its Subsidiaries sell or transfer the accounts receivables of Nordson or its Subsidiaries to the
Receivables Subsidiary which in turn transfers to a buyer, purchaser or lender undivided fractional
interests in such accounts receivable, so long as (a) no portion of the Indebtedness or any other
obligation (contingent or otherwise) under such Permitted Receivables Facility is guaranteed by
Nordson or any Subsidiary, (b) there is no recourse or obligation to Nordson or any Subsidiary
(other than the Receivables Subsidiary) whatsoever other than pursuant to customary
representations, warranties, covenants and indemnities entered into in the ordinary course of
business in connection with such Permitted Receivables Subsidiary, and (c) neither Nordson nor any
Subsidiary (other than the Receivables Subsidiary) provides, either directly or indirectly, any
other credit support of any kind (excluding credit insurance or similar third party credit support
obtained in the ordinary course of business) in connection with such Permitted Receivables Facility
other than as set forth in subpart (b) of this definition.

“Person” shall mean any individual, sole proprietorship, partnership, joint venture,
unincorporated organization, corporation, limited liability company, institution, trust, estate,
government or other agency or political subdivision thereof or any other entity.

“Plan” shall mean any employee pension benefit plan (as such term is defined in section 3 of
ERISA) which is or has been established or maintained, or to which contributions are or have been
made, by Nordson or any ERISA Affiliate.

“Prime Rate” shall mean the interest rate established from time to time by Agent as Agent’s
prime rate, whether or not such rate is publicly announced; the Prime Rate may not be the lowest
interest rate charged by Agent for commercial or other extensions of credit. Each change in the
Prime Rate shall be effective immediately from and after such change.

“Priority Indebtedness” shall mean, without duplication, the sum of (a) all Indebtedness of
Subsidiaries permitted by Section 5.07(i) and (b) all Indebtedness of Nordson secured by any Liens
permitted by Section 5.08(g).

“Receivables Related Assets” shall mean accounts receivable, instruments, chattel paper,
obligations, general intangibles and other similar assets, in each case relating to receivables
subject to the Permitted Receivables Facility, including interests in merchandise or goods, the
sale or lease of which gave rise to such receivables, related contractual rights, guaranties,
insurance proceeds, collections and proceeds of all of the foregoing.

“Receivables Subsidiary” shall mean a Wholly-Owned Subsidiary of Nordson that is established
as a “bankruptcy remote” Subsidiary for the sole purpose of acquiring and selling accounts
receivable under the Permitted Receivables Facility and that shall not engage in any activities
other than in connection with the Permitted Receivables Facility.

“Recipient” shall mean (a) the Agent and (b) any Bank, as applicable.

“Related Writing” shall mean each Loan Document and any other assignment, mortgage, security
agreement, guaranty agreement, subordination agreement, financial statement, audit report or other
writing furnished by any Borrower, any Subsidiary or any Obligor, or any of their respective
officers, to the Banks pursuant to or otherwise in connection with this Agreement.

“Reportable Event” shall mean a reportable event as that term is defined in Title IV of ERISA,
except actions of general applicability by the Secretary of Labor under Section 110 of such Act.

“Required Banks(s)” shall mean the holders of more than 50% of the Total Commitment Amount or,
if any borrowing hereunder, the holders of greater than fifty percent (50%) of the aggregate
principal amount of those outstanding Loans (other than the Swing Line Loan). The Revolving
Exposure of any Defaulting Bank shall be disregarded in determining Required Banks at any time.

“Reserve Percentage” shall mean for any day that percentage (expressed as a decimal) that is
in effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or
any successor) for determining the maximum reserve requirement (including, without limitation, all
basic, supplemental, marginal and other reserves and taking into account any transitional
adjustments or other scheduled changes in reserve requirements) for a member bank of the Federal
Reserve System in Cleveland, Ohio, in respect of Eurocurrency Liabilities. The Adjusted LIBOR Rate
shall be adjusted automatically on and as of the effective date of any change in the Reserve
Percentage.

“Restricted Payment” shall mean, with respect to Nordson or any Subsidiary, (a) any Capital
Distribution, or (b) any amount paid by Nordson in repayment, redemption, retirement, repurchase,
direct or indirect, of any Subordinated Indebtedness.

“Revolving Commitment” shall mean the obligation hereunder, during the Commitment Period, of
(a) each Bank to participate in the making of Revolving Loans up to the aggregate amount set forth
opposite such Bank’s name under the column headed “Revolving Commitment Amount” as set forth on
Schedule 1 hereto (or such lesser amount as shall be determined pursuant to Section 2.07
hereof), and (b) Agent to make Swing Loans pursuant to the Swing Line Commitment.

“Revolving Exposure” shall mean, at any time, the sum of (a) the aggregate principal Dollar or
Dollar Equivalent amount of all Revolving Loans outstanding, and (b) the Swing Line Exposure.

“Revolving Loan” shall mean a loan granted to a Borrower by the Banks in accordance with
Section 2.01A hereof.

“Revolving Note” shall mean any Revolving Note executed and delivered pursuant to Section
2.01A hereof.

“SEC” shall mean the United States Securities Exchange Commission.

“Securities Act” shall mean the Securities Act of 1933, as amended.

“Share Repurchase” shall mean the purchase, repurchase, redemption or other acquisition by
Nordson from any Person of any capital stock or other equity interest of Nordson.

“Standard & Poor’s” shall mean Standard & Poor’s Ratings Group, a division of McGraw-Hill,
Inc., or any successor to such company.

“Subordinated”, as applied to Indebtedness, shall mean that the Indebtedness has been
subordinated (by written terms or written agreement being, in either case, in form and substance
satisfactory to the Agent and the Required Banks) in favor of the prior payment in full of the
Debt.

“Subordinated Indebtedness” shall mean, for Nordson or any Subsidiary any Indebtedness that is
Subordinated.

“Subsidiary” of Nordson or any of its Subsidiaries shall mean (i) a corporation more than
fifty percent (50%) of the Voting Power of which is owned, directly or indirectly, by Nordson or by
one or more other Subsidiaries of Nordson or by Nordson and one or more Subsidiaries of Nordson,
(ii) a partnership or limited liability company of which Nordson, one or more other Subsidiaries of
Nordson or Nordson and one or more Subsidiaries of Nordson, directly or indirectly, is a general
partner or managing member, as the case may be, that, or otherwise, has the power to direct the
policies, management and affairs thereof, or (iii) any other Person (other than a corporation) in
which Nordson, one or more other Subsidiaries of Nordson or Nordson and one or more Subsidiaries
of Nordson, directly or indirectly, has at least a majority interest in the Voting Power or the
power to direct the policies, management and affairs thereof.

“Swing Line” shall mean the credit facility established by Agent for Nordson in accordance
with Section 2.01B hereof.

“Swing Line Bank” shall mean, the Agent, or such other Bank that has purchased a participation
in any Swing Loan.

“Swing Line Commitment” shall mean the commitment of Agent to make Swing Loans to Nordson up
to the maximum aggregate principal amount at any time outstanding of Forty Million Dollars
($40,000,000) in accordance with the terms and conditions of the Swing Line.

“Swing Line Exposure” shall mean, at any time, the aggregate principal amount of all Swing
Loans outstanding.

“Swing Line Note” shall mean the Swing Line Note executed and delivered pursuant to Section
2.01B hereof.

“Swing Loan” shall mean a loan granted to Nordson by Agent under the Swing Line.

“Swing Loan Maturity Date” shall mean, with respect to any Swing Loan, the earlier of (a)
thirty (30) days after the date such Swing Loan is made, or (b) the last day of the Commitment
Period.

“Taxes” shall mean all present or future taxes, levies, imposts, duties, deductions,
withholdings (including backup withholding), assessments, fees or other charges imposed by any
Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

“Total Commitment Amount” shall mean the principal amount of Five Hundred Million Dollars
($500,000,000) (or its Dollar Equivalent in Alternate Currency), or such lesser or greater amount
as shall be determined pursuant to Section 2.07 hereof; provided, however, that, for the purposes
of determining the Total Commitment Amount, Agent may, in its discretion, calculate the Dollar
Equivalent of any Loan on any Business Day selected by Agent.

“Total Indebtedness” shall mean, at any time, on a Consolidated basis, all Indebtedness of
Nordson, including, but not limited to, current, long-term and Subordinated Indebtedness, if any,
and all Indebtedness under the Permitted Receivables Facility.

“USA Patriot Act” shall mean the Uniting and Strengthening America by Providing Appropriate
Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT Act) Act of 2001.

“U.S. Person” shall mean any Person that is a “United States Person” as defined in Section
7701(a)(30) of the Code.

“U.S. Tax Compliance Certificate” has the meaning assigned to such term in paragraph (f) of
Section 3.02.

“Voting Power” shall mean, with respect to any Person, the exclusive ability to control,
through the ownership of shares of capital stock, partnership interests, membership interests or
otherwise, the election of members of the board of directors or other similar governing body of
such Person, and the holding of a designated percentage of Voting Power of a Person means the
ownership of shares of capital stock, partnership interests, membership interests or other
interests of such Person sufficient to control exclusively the election of that percentage of the
members of the board of directors or similar governing body of such Person.

“Voting Stock” shall mean, with respect to any corporation, partnership or limited liability
company (or equivalent of any such entity), any shares of stock, partnership interests or
membership interests of such entity whose holders are entitled under ordinary circumstances to vote
for the election of directors of such corporation or members of other similar governing body
(irrespective of whether at the time stock or interests of any other class or classes shall have or
might have voting power by reason of the happening of any contingency).

“Welfare Plan” shall mean an ERISA Plan that is a “welfare plan” within the meaning of ERISA
Section 3(l).

“Wholly-Owned Subsidiary” shall mean, with respect to any Person, any corporation, limited
liability company or other entity, except for director’s qualifying shares or shares required to be
owned individually due to country specific regulations regarding ownership or control of the
organization or operation of such entity, all of the securities or other ownership interest of
which having ordinary voting power to elect a majority of the board of directors, or other persons
performing similar functions, are at the time directly or indirectly owned by such Person.

Section 1.02 Accounting and Legal Principles, Terms and Determinations. All
references in this Agreement to “generally accepted accounting principles” or “GAAP” shall be
deemed to refer to generally accepted accounting principles in effect in the United States at the
time of application thereof. Interim financial statements otherwise prepared in accordance with
GAAP shall be deemed to comply with such principles subject to year-end adjustments and
notwithstanding the absence of footnotes Unless otherwise specified herein, all accounting terms
used herein shall be interpreted, all determinations with respect to accounting matters hereunder
shall be made, and all unaudited consolidated financial statements and certificates and reports as
to financial matters required to be furnished hereunder shall be prepared, in accordance with
generally accepted accounting principles applied on a basis consistent with the most recent audited
consolidated financial statements of Nordson and its Subsidiaries made available pursuant to clause
(b) of Section 5.02 or, if no such statements have been so delivered, the most recent audited
financial statements referred to in clause (a) of Section 5.02. Any reference herein to any
specific citation, section or form of law, statute, rule or regulation shall refer to such new,
replacement or analogous citation, section or form should such citation, section or form be
modified, amended or replaced..

Section 1.03 Terms Generally. The foregoing definitions shall be applicable to the
singular and plurals of the foregoing defined terms.

ARTICLE II.

AMOUNT AND TERMS OF CREDIT

Section 2.01 Amount and Nature of Credit. Subject to the terms and conditions of this
Agreement, each Bank shall participate, to the extent hereinafter provided, in making Loans to
Borrowers in such aggregate amount as Borrowers shall request pursuant to the Commitment; provided,
however, that in no event shall the aggregate principal amount of all Loans outstanding under this
Agreement be in excess of the Total Commitment Amount.

Each Bank, for itself and not one for any other, agrees to participate in Loans made hereunder
during the Commitment Period on such basis that immediately after the completion of any borrowing
by Borrowers, (a) the aggregate principal amount of Loans (other than Swing Loans) then outstanding
made by such Bank shall not be in excess of such Bank’s Revolving Commitment, and (b) the aggregate
principal amount of Loans (other than Swing Loans) outstanding made by such Bank shall represent
that percentage of the aggregate principal amount then outstanding of all Loans that is such Bank’s
Commitment Percentage.

Each borrowing (other than Swing Loans) from the Banks hereunder shall be made pro rata
according to the respective Commitment Percentages of the Banks. The Loans may be made as Revolving
Loans and Swing Loans as follows:

A. Revolving Loans.

Subject to the terms and conditions of this Agreement, during the Commitment Period, each Bank
shall make a Revolving Loan or Revolving Loans to a Borrower in such amount or amounts as such
Borrower may from time to time request, but not exceeding in aggregate principal amount at any time
outstanding hereunder (i) the Total Commitment Amount, when such Revolving Loans are combined with
the Swing Line Exposure and (ii) in the case of any Loans made to a Foreign Borrower, the Foreign
Borrower Borrowing Limit. Each Borrower shall have the option, subject to the terms and conditions
set forth herein, to borrow Revolving Loans, maturing on the last day of the Commitment Period, by
means of any combination of (a) Base Rate Loans, (b) Eurodollar Loans, or (c) Alternate Currency
Loans. With respect to each Alternate Currency Loan, subject to the other provisions of this
Agreement, each Borrower shall have the right to receive all of the proceeds of such Alternate
Currency Loan in an Alternate Currency. Each Alternate Currency Loan shall be made in a single
Alternate Currency.

Each Borrower shall pay interest on the unpaid principal amount of Base Rate Loans made to it
outstanding from time to time from the date thereof until paid at the Base Rate from time to time
in effect. Interest on such Base Rate Loans shall be payable on the last day of each September,
December, March and June of each year and at the maturity thereof.

Each Borrower shall pay interest on the unpaid principal amount of each Fixed Rate Loan made
to it outstanding from time to time, fixed in advance on the first day of the Interest Period
applicable thereto through the last day of the Interest Period applicable thereto (but subject to
changes in the Applicable Margin), at the Derived Fixed Rate. Interest on such Fixed Rate Loans
shall be payable on each Interest Adjustment Date (provided that if an Interest Period exceeds
three (3) months, the interest must be paid every three (3) months, commencing three (3) months
from the beginning of such Interest Period).

At the request of a Borrower to Agent, subject to the notice and other provisions of Section
2.02 hereof, the Banks shall convert Base Rate Loans to Eurodollar Loans at any time and shall
convert Eurodollar Loans to Base Rate Loans on any Interest Adjustment Date. No Alternate Currency
Loan may be converted to a Base Rate Loan or a Eurodollar Loan.

The obligation of each Borrower to repay Revolving Loans made to it by each Bank pursuant to
this Section 2.01A and to pay interest thereon shall be evidenced by a Revolving Note of each
Borrower in the form of Exhibit A hereto, payable to the order of such Bank in the
principal amount of its Revolving Commitment. Subject to the provisions of this Agreement,
Borrowers shall be entitled under this Section 2.01A to borrow funds, repay the same in whole or in
part and re-borrow hereunder at any time and from time to time during the Commitment Period.
Notwithstanding anything in this Agreement to the contrary, each Foreign Borrower shall only be
liable for the Loans made to it and the other Debt attributable to it and shall not be liable for
the Loans or other Debt owing by any other Borrower.

B. Swing Loans.

Subject to the terms and conditions of this Agreement, during the Commitment Period Agent
shall make a Swing Loan or Swing Loans to Nordson in such amount or amounts as Nordson may from
time to time request; provided however, that Nordson shall not request any Swing Loan hereunder if,
after giving effect thereto, (a) the Revolving Exposure would exceed the Total Commitment Amount,
or (b) the Swing Line Exposure would exceed the Swing Line Commitment. Each Swing Loan shall be
due and payable on the Swing Loan Maturity Date applicable thereto. Nordson shall not request that
more than three (3) Swing Loans be outstanding at any time. Each Swing Loan shall be made in
Dollars.

Nordson shall pay interest, for the sole benefit of Agent (and any Bank that has purchased a
participation in such Swing Loan), on the unpaid principal amount of each Swing Loan outstanding
from time to time from the date thereof until paid at the Derived Swing Loan Rate applicable to
such Swing Loan. Interest on each Swing Loan shall be payable on the Swing Loan Maturity Date
applicable thereto. Each Swing Loan shall bear interest for a minimum of one (1) day.

The obligation of Nordson to repay the Swing Loans and to pay interest thereon shall be
evidenced by a Swing Line Note of Nordson substantially in the form of Exhibit B hereto,
dated the Closing Date, and payable to the order of Agent in the principal amount of the Swing Line
Commitment, or, if less, the aggregate unpaid principal amount of Swing Loans made hereunder by
Agent. Subject to the provisions of this Agreement, Nordson shall be entitled under this Section
2.01B to borrow funds, repay the same in whole or in part and re-borrow hereunder at any time and
from time to time during the Commitment Period.

If Agent so elects, by giving notice to Nordson and the Banks, Nordson agrees that Agent shall
have the right, in its reasonable discretion, to require that any Swing Loan be refinanced as a
Revolving Loan. Such Revolving Loan shall be a Base Rate Loan unless and until converted by a
Borrower to a Eurodollar Loan pursuant to Section 2.01A and Section 2.02 hereof. Upon receipt of
such notice by Nordson, Nordson shall be deemed, on such day, to have requested a Revolving Loan in
the principal amount of the Swing Loan in accordance with Section 2.01A and Section 2.02 hereof.
Each Bank agrees to make a Revolving Loan on the date of such notice, subject to no conditions
precedent whatsoever. Each Bank acknowledges and agrees that such Bank’s obligation to make a
Revolving Loan pursuant to Section 2.01A when required by this Section 2.01B is absolute and
unconditional and shall not be affected by any circumstance whatsoever, including, without
limitation, the occurrence and continuance of a Default or Event of Default, and that its payment
to Agent, for the account of Agent, of the proceeds of such Revolving Loan shall be made without
any offset, abatement, recoupment, counterclaim, withholding or reduction whatsoever and whether or
not such Bank’s Revolving Commitment shall have been reduced or terminated. Nordson irrevocably
authorizes and instructs Agent to apply the proceeds of any borrowing pursuant to this paragraph to
repay in full such Swing Loan.

If, for any reason, Agent is unable to or, in the opinion of Agent, it is impracticable to,
convert any Swing Loan to a Revolving Loan pursuant to the preceding paragraph, then on any day
that a Swing Loan is outstanding (whether before or after the maturity thereof), Agent shall have
the right to request that each Bank purchase a participation in such Swing Loan, and Agent shall
promptly notify each Bank thereof (by facsimile or telephone, confirmed in writing). Upon such
notice, but without further action, Agent hereby agrees to grant to each Bank, and each Bank hereby
agrees to acquire from Agent, an undivided participation interest in such Swing Loan in an amount
equal to such Bank’s Commitment Percentage of the aggregate principal amount of such Swing Loan.
In consideration and in furtherance of the foregoing, each Bank hereby absolutely and
unconditionally agrees, upon receipt of notice as provided above, to pay to Agent, for its sole
account, such Bank’s ratable share of such Swing Loan (determined in accordance with such Bank’s
Commitment Percentage). Each Bank acknowledges and agrees that its obligation to acquire
participations in Swing Loans pursuant to this Section 2.01B is absolute and unconditional and
shall not be affected by any circumstance whatsoever, including, without limitation, the occurrence
and continuance of a Default or an Event of Default, and that each such payment shall be made
without any offset, abatement, recoupment, counterclaim, withholding or reduction whatsoever and
whether or not such Bank’s Revolving Commitment shall have been reduced or terminated. Each Bank
shall comply with its obligation under this Section 2.01B by wire transfer of immediately available
funds, in the same manner as provided in Section 2.02 hereof with respect to Revolving Loans to be
made by such Bank.

Section 2.02 Conditions To Loans. The obligation of the Banks to make, continue or
convert any Loan, and of Agent to make any Swing Loan, is conditioned, in the case of each
borrowing, conversion or continuation hereunder, upon:

(a) all conditions precedent as listed in Article IV hereof shall have been satisfied;

(b) with respect to Base Rate Loans, receipt by Agent of a Notice of Loan, such notice to be
received by 11:00 A.M. (Cleveland, Ohio time) on the proposed date of borrowing or conversion, and,
with respect to Eurodollar Loans, by 11:00 A.M. (Cleveland, Ohio time) three (3) Business Days
prior to the proposed date of borrowing, conversion or continuation. Agent shall notify each Bank
of the date, amount and initial Interest Period (if applicable) promptly upon the receipt of such
notice, and, in any event, by 2:00 P.M. (Cleveland, Ohio time) on the date such notice is received.
On the date such Loan is to be made, each Bank shall provide Agent, not later than 3:00 P.M.
(Cleveland, Ohio time), with the amount in federal or other immediately available funds, required
of it. If Agent elects to advance the proceeds of such Loan prior to receiving funds from such
Bank, Agent shall have the right, upon prior notice to Borrowers, to debit any account of the
appropriate Borrower or otherwise receive from the appropriate Borrower, on demand, such amount, in
the event that such Bank fails to reimburse Agent in accordance with this subsection. Agent shall
also have the right to receive interest from such Bank at the Federal Funds Effective Rate in the
event that such Bank shall fail to provide its portion of the Loan on the date requested and Agent
elects to provide such funds;

(c) with respect to Alternate Currency Loans, receipt by Agent of a Notice of Loan by 11:00
A.M. (Cleveland, Ohio time) three (3) Business Days prior to the proposed date of borrowing. Agent
shall notify each Bank of the date, amount, type of currency and initial Interest Period promptly
upon the receipt of such notice, and, in any event, by 2:00 P.M. (Cleveland, Ohio time) on the date
such notice is received. On the date such Loan is to be made, each Bank shall provide Agent, not
later than 3:00 P.M. (Cleveland, Ohio time), with the amount of the applicable Alternate Currency
required of it in immediately available funds;

(d) with respect to Swing Loans, receipt by Agent of a Notice of Loan, such notice to be
received by 11:00 A.M. (Cleveland, Ohio time) on the proposed date of borrowing;

(e) a Borrower’s request for (i) a Base Rate Loan shall be in an amount of not less than One
Million Dollars ($1,000,000), increased by increments of Five Hundred Thousand Dollars ($500,000);
(ii) a Fixed Rate Loan shall be in an amount (or, with respect to an Alternate Currency Loan, the
Dollar Equivalent) of not less than Five Million Dollars ($5,000,000), increased by increments of
One Million Dollars ($1,000,000) (or, with respect to an Alternate Currency Loan, such
approximately comparable amount as shall result in a rounded number of the applicable Alternate
Currency); and (iii) a Swing Loan shall be in an amount not less than Five Hundred Thousand Dollars
($500,000);

(f) the fact that no Default or Event of Default shall then exist or immediately after the
making, conversion or continuation of the Loan would exist; and

(g) the fact that each of the representations and warranties contained in Article VI hereof
shall be true and correct with the same force and effect as if made on and as of the date of the
making, conversion, or continuation of such Loan, except to the extent that any thereof expressly
relate to an earlier date.

At no time shall any Borrower request that Fixed Rate Loans be outstanding for more than ten
(10) different Interest Periods, or, to the extent there exists any borrowing under this Agreement
by a Foreign Borrower, fifteen (15) different Interest Periods, for all Borrowers, at any time,
and, if Base Rate Loans are outstanding, then Fixed Rate Loans shall be limited to nine (9)
different Interest Periods, or, to the extent there exists any borrowing under this Agreement by a
Foreign Borrower, fourteen (14) different Interest Periods, for all Borrowers, at any time.

Each request by a Borrower for the making, conversion or continuation of a Loan hereunder
shall be deemed to be a representation and warranty by such Borrower as of the date of such request
as to the facts specified in (f) and (g) above.

Each request for a Fixed Rate Loan shall be irrevocable and binding on a Borrower and such
Borrower shall indemnify Agent and the Banks against any loss or expense incurred by Agent or the
Banks as a result of any failure by such Borrower to consummate such transaction including, without
limitation, any loss (including loss of anticipated profits) or expense incurred by reason of
liquidation or re-employment of deposits or other funds acquired by the Banks to fund such Fixed
Rate Loan. A certificate as to the amount of such loss or expense submitted by the Banks to such
Borrower shall be conclusive and binding for all purposes, absent manifest error.

Section 2.03 Addition or Release of Foreign Borrowers.

(a) At the request of Nordson, a Foreign Subsidiary that is not already a Foreign Borrower may
become a Foreign Borrower hereunder, provided that all of the following requirements are met to the
satisfaction of the Agent and each Bank: (i) fifteen (15) days prior to the date of such proposed
addition of a Foreign Borrower, Nordson shall have provided to Agent a written request that such
Foreign Subsidiary be designated as a Foreign Borrower, pursuant to the terms of this Agreement;
(ii) such Foreign Subsidiary shall be a Wholly-Owned Subsidiary of Nordson; (iii) Nordson shall
have guaranteed the obligations of such Foreign Subsidiary under this Agreement pursuant to the
terms of the Nordson Guaranty; (iv) such Foreign Subsidiary shall have executed and delivered to
Agent, for delivery to each Bank, a Revolving Note in favor of such Bank; (v) Nordson and such
Foreign Subsidiary shall have provided to Agent such corporate governance and authorization
documents and an opinion of counsel as may be deemed reasonably necessary by Agent; (vi) the
addition of such Foreign Subsidiary as a Borrower under this Agreement will not cause or result in
any adverse tax or legal consequences to any Company, Agent or any Bank or be prohibited by law;
and (vii) such Foreign Borrower shall have delivered all documentation and other information
required by bank regulatory authorities under applicable “know-your-customer” and anti-money
laundering rules and regulations, including the USA Patriot Act.

(b) Upon satisfaction by Nordson and any such Foreign Subsidiary of the requirements set forth
in subpart (a) above, Agent shall promptly notify each of the banks whereupon such Foreign
Subsidiary shall be designated a “Foreign Borrower” pursuant to the terms and conditions of this
Agreement, and such Foreign Subsidiary shall become bound by all representations, warranties,
covenants, provisions and conditions of this Agreement and each other Loan Document applicable to
the Foreign Borrowers as if such Foreign Subsidiary had been the original party making such
representations, warranties and covenants.

(c) So long as (i) no Revolving Exposure shall exist with respect to a Foreign Borrower, and
(ii) no Default or Event of Default shall exist or immediately thereafter shall begin to exist,
upon written request of Nordson to Agent and the Banks, Agent shall release such Foreign Borrower
as a Borrower hereunder. No such release shall be effective until confirmed by Agent to Nordson
and the Banks in writing. The Banks hereby authorize Agent to release such Foreign Borrower in
accordance with terms and conditions of this Section and agree that Agent may execute and deliver
such documents or agreements as Agent shall deem necessary or appropriate in connection therewith.

Section 2.04 Payments, Etc.

(a) Payments Generally. Each payment made hereunder by a Borrower shall be made
without any offset, abatement, recoupment, counterclaim, withholding or reduction whatsoever.

(b) Payments in Alternate Currency. With respect to any Alternate Currency Loan, all
payments (including prepayments) to any Bank of the principal of or interest on such Alternate
Currency Loan shall be made in the same Alternate Currency as the original Loan. All such payments
shall be remitted by Borrowers to Agent at Agent’s main office (or at such other office or account
as designated in writing by Agent to Borrowers) for the account of the Banks not later than 11:00
A.M. (Cleveland, Ohio time) on the due date thereof in same day funds. Any payments received by
Agent after 11:00 A.M. (Cleveland, Ohio time) shall be deemed to have been made and received on the
next following Business Day.

(c) Payments in Dollars. With respect to (i) any Loan (other than an Alternate
Currency Loan), or (ii) any other payment to Agent and the Banks that is not covered by subsection
(a) hereof, all such payments (including prepayments) to Agent and the Banks of the principal of or
interest on such Loan or other payment, including but not limited to principal, interest, fees or
any other amount owed by any Borrower under this Agreement, shall be made in Dollars. All payments
described in this subsection (b) shall be remitted to Agent at its main office for the account of
the Banks not later than 11:00 A.M. (Cleveland, Ohio time) on the due date thereof in immediately
available funds. Any such payments received by Agent after 11:00 A.M. (Cleveland, Ohio time) shall
be deemed to have been made and received on the next following Business Day.

(d) Payments Net of Taxes. All payments under this Agreement or any other Loan
Document by Borrowers or any other Obligor shall be made absolutely net of, without deduction or
offset for, and altogether free and clear of, any and all present and future taxes, levies,
deductions, charges and withholdings and all liabilities with respect thereto, under the laws of
the United States of America or any foreign jurisdiction (or any state or political subdivision
thereof), excluding income and franchise taxes imposed on any Bank (and withholding relating
thereto) other than such income or franchise taxes arising solely from such Bank having executed,
delivered or performed its obligations or received a payment under, or enforced the Loan Documents,
under the laws of the United States of America or any foreign jurisdiction (or any state or
political subdivision thereof). If any Borrower or other Obligor is compelled by law to deduct any
such taxes or levies (other than such excluded taxes) or to make any such other deductions, charges
or withholdings, then such Borrower or such Obligor, as the case may be, shall pay such additional
amounts as may be necessary in order that the net payments after such deduction, and after giving
effect to any United States or foreign jurisdiction (or any state or political subdivision thereof)
income taxes required to be paid by the Banks in respect of such additional amounts, shall equal
the amount of interest provided in Section 2.01 hereof for each Loan plus any principal then due.
In each such case, each such Borrower shall provide to the applicable Bank evidence demonstrating
that such taxes or levies have been paid.

(e) Payments to Banks. Upon Agent’s receipt of payments hereunder, Agent shall
immediately distribute to each Bank its ratable share, if any, of the amount of principal,
interest, and facility and other fees received by it for the account of such Bank. Payments
received by Agent in Dollars shall be delivered to the Banks in Dollars in immediately available
funds. Payments received by Agent in any Alternate Currency shall be delivered to the Banks in
such Alternate Currency in same day funds. Each Bank shall record any principal, interest or other
payment, the principal amounts of Base Rate Loans and Fixed Rate Loans, the type of currency for
each Loan, all prepayments and the applicable dates, including Interest Periods, with respect to
the Loans made, and payments received by such Bank, by such method as such Bank may generally
employ; provided, however, that failure to make any such entry shall in no way detract from the
obligations of Borrowers under the Notes. The aggregate unpaid amount of Loans, types of Loans,
Interest Periods and similar information with respect to such Loans set forth on the records of
Agent shall be rebuttably presumptive evidence with respect to such information, including the
amounts of principal and interest owing and unpaid with respect to each Loan.

(f) Timing of Payments. Whenever any payment to be made hereunder, including, without
limitation, any payment to be made on any Note, shall be stated to be due on a day that is not a
Business Day, such payment shall be made on the next succeeding Business Day and such extension of
time shall in each case be included in the computation of the interest payable on such Note;
provided, however, that, with respect to any Fixed Rate Loan, if the next succeeding Business Day
falls in the succeeding calendar month, such payment shall be made on the preceding Business Day
and the relevant Interest Period shall be adjusted accordingly.

Section 2.05 Prepayment.

(a) Right to Prepay.

(i) Each Borrower shall have the right, at any time or from time to time, to prepay, on
a pro rata basis for all of the Banks, all or any part of the principal amount of the
Revolving Loans then outstanding, as designated by such Borrower, plus interest accrued on
the amount so prepaid to the date of such prepayment; and

(ii) Each Borrower shall have the right, at any time or from time to time, to prepay,
for the benefit of Agent (and any Bank that has purchased a participation in such Swing
Loan), all or any part of the principal amount of the Swing Loans then outstanding, as
designated by such Borrower, plus interest accrued on the amount so prepaid to the date of
such prepayment.

(b) Prepayment Fees.

(i) Prepayments of Base Rate Loans shall be without any premium or penalty;

(ii) In any case of prepayment (or, any assignment pursuant to Section 2.07(b)(iii) or
Section 3.09(ii)) of a Fixed Rate Loan (whether pursuant to Section 2.05(a), Section 2.07(b)
or otherwise), Borrowers agree that if the reinvestment rate with respect to Eurodollars or
the Alternate Currency, as the case may be, of such Fixed Rate Loan, as quoted by the money
desk of Agent (the “Reinvestment Rate”), shall be lower than the Adjusted LIBOR Rate
applicable to the Fixed Rate Loan that is intended to be prepaid (hereinafter, “Last
LIBOR”), then the appropriate Borrower shall, upon written notice from Agent, promptly pay
to Agent, for the account of each Bank, in immediately available funds, a prepayment fee
equal to the product of (A) a rate (the “Prepayment Rate”) which shall be equal to the
difference between the Last LIBOR and the Reinvestment Rate, times (B) the prepayment
principal amount of the Fixed Rate Loan that is to be prepaid, times (C) (1) the number of
days remaining in the Interest Period of the Fixed Rate Loan that is to be prepaid divided
by (2) three hundred sixty (360) (or 365/366 days, as applicable, in the case of any Fixed
Rate Loan denominated in Pounds Sterling) but no additional premium or penalty shall apply.
In addition, such Borrower shall immediately pay directly to Agent, for the account of the
Banks, the amount of any additional costs or expenses (including, without limitation, cost
of telex, wires, or cables) incurred by Agent or the Banks in connection with the
prepayment, upon such Borrower’s receipt of a written statement from Agent; and

(iii) In the case of prepayment of a Swing Loan, Nordson agrees to pay to Agent, on
demand, for any resulting loss, cost or expense of Agent as a result thereof, including,
without limitation, any loss incurred in obtaining, liquidating or employing deposits.

(c) Notice of Prepayment. Borrowers shall give Agent written notice of prepayment of
any Base Rate Loan by not later than 11:00 A.M. (Cleveland, Ohio time) on the Business Day such
prepayment is to be made and written notice of the prepayment of any Fixed Rate Loan not later than
1:00 P.M. (Cleveland, Ohio time) three (3) Business Days prior to the Business Day on which such
prepayment is to be made.

(d) Minimum Amount. Each prepayment of a Fixed Rate Loan by a Borrower shall be in
the aggregate principal amount of not less than Five Million Dollars ($5,000,000) (or, with respect
to an Alternate Currency Loan, the Dollar Equivalent of such amount), except in the case of a
mandatory prepayment in connection with Section 2.09(a) hereof or Article III hereof.

Section 2.06 Facility and Other Fees.

(a) Nordson shall pay to Agent, for the ratable account of the Banks, as a consideration for
each Bank’s Revolving Commitment hereunder, a facility fee from the Closing Date to and including
the last day of the Commitment Period, payable quarterly, at a rate per annum equal to (i) the
Applicable Facility Fee Rate in effect on the date that such facility fee is due, times (ii) the
Total Commitment Amount in effect on such day. The facility fee shall be payable quarterly in
arrears, on the last day of each September, December, March and June of each year, and on the last
day of the Commitment Period.

(b) Nordson shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee
Letter.

Section 2.07 Reduction and Increases of Commitment. 

(a) Voluntary Reductions. Nordson may at any time or from time to time permanently
reduce in whole or ratably in part the Commitment to an amount not less than the then existing
Revolving Exposure by giving Agent not fewer than three (3) Business Days’ notice of such
reduction, provided that any such partial reduction shall be in an aggregate amount, for all of the
Banks, of not less than Ten Million Dollars ($10,000,000), increased by increments of One Million
Dollars ($1,000,000). Agent shall promptly notify each Bank of the date of each such reduction and
such Bank’s proportionate share thereof. After each such reduction, the facility fees payable
hereunder shall be calculated upon the Revolving Commitments as so reduced. If Nordson reduces in
whole the Revolving Commitments, on the effective date of such reduction (the applicable Borrowers
having prepaid in full the unpaid principal balance, if any, of the Revolving Loans and the Swing
Loans, together with all interest and facility and other fees accrued and unpaid), all of the
Revolving Notes shall be delivered to Agent marked “Canceled” and Agent shall redeliver such
Revolving Notes to Borrowers. Any partial reduction in the Revolving Commitments shall be effective
during the remainder of the Commitment Period.

(b) Increase in Commitment.

(i) At any time upon written notice to Agent, Nordson may request that the Total
Commitment Amount be increased by an amount not to exceed Two Hundred Fifty Million Dollars
($250,000,000) in the aggregate for all such increases from the Closing Date until the last
day of the Commitment Period, provided that (A) no Default or Event of Default has occurred
and is continuing at the time of such request and on the date of any such increase and (B)
Nordson shall have delivered to Agent, together with such written notice, a copy of
Nordson’s duly adopted corporate resolutions, in form and substance satisfactory to Agent,
that authorize the borrowing of the requested increase in the Total Commitment Amount, which
resolutions shall be certified by the Secretary of Nordson as being true, correct, complete
and in full force and effect. Upon receipt of any such request, Agent shall deliver a copy
of such request to each Bank. Nordson shall set forth in such request the amount of the
requested increase in the Total Commitment Amount (which in each case shall be in a minimum
amount of Twenty-Five Million Dollars ($25,000,000)) and the date on which such increase is
requested to become effective (which shall be not less than 10 Business Days nor more than
sixty (60) days after the date of such request and that, in any event, must be at least
ninety (90) days prior to the last day of the Commitment Period), and shall offer each Bank
the opportunity to increase its Revolving Commitment. Each Bank shall, by notice to Nordson
and Agent given not more than ten (10) days after the date of Agent’s notice, either agree
to increase its Revolving Commitment by all or a portion of the offered amount (each such
Bank so agreeing being an “Increasing Bank”) or decline to increase its Revolving Commitment
(and any such Bank that does not deliver such a notice within such period of 10 days shall
be deemed to have declined to increase its Revolving Commitment and each Bank so declining
or being deemed to have declined being a “Non-Increasing Bank”). If, on the 10th
day after Agent shall have delivered notice as set forth above, the Increasing Banks shall
have agreed pursuant to the preceding sentence to increase their Revolving Commitments by an
aggregate amount less than the increase in the Total Commitment Amount requested by Nordson,
Nordson may arrange for one or more banks or other entities that are reasonably acceptable
to Agent (each such Person so agreeing being an “Augmenting Bank”) so long as such
Augmenting Bank shall have a Revolving Commitment of not less than Ten Million Dollars
($10,000,000), and Nordson and each Augmenting Bank shall execute all such documentation as
Agent shall reasonably specify to evidence its Revolving Commitment and/or its status as a
Bank with a Revolving Commitment hereunder. Any increase in the Total Commitment Amount may
be made in an amount that is less than the increase requested by Nordson if Nordson is
unable to arrange for, or chooses not to arrange for, Augmenting Banks, in the full amount.
If Increasing Banks and/or Augmenting Banks offer Revolving Commitment increases or new
Revolving Commitments, as the case may be, in excess of the aggregate increase amount
requested by Nordson, then Agent shall, in consultation with Nordson, determine each such
Increasing Bank’s or Augmenting Bank’s percentage of the increased amount.

(ii) Any increase in the Total Commitment Amount pursuant to this Section 2.07(b) shall
not serve to increase the Foreign Borrower Borrowing Limit.

(iii) Each of the parties hereto agrees that Agent may, in consultation with Nordson,
take any and all actions as may be reasonably necessary to ensure that after giving effect
to any increase in the Total Commitment Amount pursuant to this Section, the outstanding
Revolving Loans (if any) are held by the Banks with Revolving Commitments in accordance with
their new Commitment Percentages. This may be accomplished at the discretion of Agent: (w)
by requiring the outstanding Loans to be prepaid with the proceeds of new Loans; (x) by
causing the Non-Increasing Banks to assign portions of their outstanding Loans to Increasing
Banks and Augmenting Banks; (y) by permitting the Loans outstanding at the time of any
increase in the Total Commitment Amount pursuant to this Section 2.07(b) to remain
outstanding until the last days of the respective Interest Periods therefor, even though the
Banks would hold such Loans other than in accordance with their new Commitment Percentages;
or (z) by any combination of the foregoing.

Section 2.08 Computation of Interest and Fees; Default Rate. With the exception of
Base Rate Loans and Fixed Rate Loans denominated in Pounds Sterling, interest on Loans and facility
and other fees and charges hereunder shall be computed on the basis of a year having three hundred
sixty (360) days and calculated for the actual number of days elapsed. With respect to Base Rate
Loans and Fixed Rate Loans denominated in Pounds Sterling, interest shall be computed on the basis
of a year having three hundred sixty-five (365) days or three hundred sixty-six (366) days, as the
case may be, and calculated for the actual number of days elapsed. Anything herein to the contrary
notwithstanding, if an Event of Default shall occur and be continuing hereunder, at the option of
Agent or the Required Banks, the principal of each Loan, the unpaid interest thereon and any other
amounts owing hereunder shall bear interest, until paid, at the Default Rate. In no event shall the
rate of interest hereunder exceed the maximum rate allowable by law.

Section 2.09 Mandatory Payment.

(a) If, at any time, the Revolving Exposure shall exceed the Total Commitment Amount, the
applicable Borrowers shall, as promptly as practicable, but in no event later than the next
Business Day, prepay an aggregate principal amount of Loans sufficient to bring the aggregate
outstanding principal amount of all such Loans within the Total Commitment Amount.

(b) Any prepayment of a Fixed Rate Loan pursuant to this Section 2.09 shall be subject to the
prepayment fees set forth in Section 2.05 hereof and, if applicable, Article III hereof.

Section 2.10 Defaulting Bank.

(a) Defaulting Bank Adjustments. Notwithstanding anything to the contrary contained
in this Agreement, if any Bank becomes a Defaulting Bank, then, until such time as such Bank is no
longer a Defaulting Bank, to the extent permitted by applicable law:

(i) Waivers and Amendments. Such Defaulting Bank’s right to approve or
disapprove any amendment, waiver or consent with respect to this Agreement shall be
restricted as set forth in the definition of Required Bank.

(ii) Defaulting Bank Waterfall. Any payment of principal, interest,
fees or other amounts received by the Agent for the account of such Defaulting Bank
(whether voluntary or mandatory, at maturity, pursuant to Article VII or otherwise)
or received by the Agent from a Defaulting Bank pursuant to Section 8.04 shall be
applied as follows: first, to the payment of any amounts owing by such Defaulting
Bank to the Agent hereunder; second, to the payment on a pro rata basis of any
amounts owing by such Defaulting Bank to any Swing Line Bank hereunder; third, as
the Borrowers may request (so long as no Default or Event of Default exists), to the
funding of any Loan in respect of which such Defaulting Bank has failed to fund its
portion thereof as required by this Agreement, as determined by the Agent; fourth,
if so determined by the Agent and the Borrowers, to be held in a deposit account and
released pro rata in order to satisfy such Defaulting Bank’s potential future
funding obligations with respect to Loans under this Agreement; fifth, to the
payment of any amounts owing to the Banks or Swing Line Banks as a result of any
final judgment of a court of competent jurisdiction obtained by any Bank or Swing
Line Banks against such Defaulting Bank as a result of such Defaulting Bank’s breach
of its obligations under this Agreement; sixth, so long as no Default or Event of
Default exists, to the payment of any amounts owing to the Borrowers as a result of
any final judgment of a court of competent jurisdiction obtained by the Borrowers
against such Defaulting Bank as a result of such Defaulting Bank’s breach of its
obligations under this Agreement; and seventh, to such Defaulting Bank or as
otherwise directed by a court of competent jurisdiction; provided that if (x) such
payment is a payment of the principal amount of any Loans in respect of which such
Defaulting Bank has not fully funded its appropriate share, and (y) such Loans were
made at a time when the conditions set forth in Section 2.02 were satisfied or
waived, such payment shall be applied solely to pay the Loans of all Non-Defaulting
Banks on a pro rata basis prior to being applied to the payment of any Loans of such
Defaulting Bank until such time as all Loans and funded and unfunded participations
Swing Loans are held by the Banks pro rata in accordance with the Commitments under
the applicable Facility. Any payments, prepayments or other amounts paid or payable
to a Defaulting Bank that are applied (or held) to pay amounts owed by a Defaulting
Bank pursuant to this Section 2.10(a)(ii) shall be deemed paid to and redirected by
such Defaulting Bank, and each Bank irrevocably consents hereto.

(iii) Certain Fees. Each Defaulting Bank shall be entitled to receive a
Facility Fee for any period during which that Bank is a Defaulting Bank only to
extent allocable to the sum of the outstanding principal amount of the Revolving
Loans funded by it.

(iv) Reallocation of Participations to Reduce Fronting Exposure. All
or any part of such Defaulting Bank’s participation in Swing Loans shall be
reallocated among the Non-Defaulting Banks in accordance with their respective
Applicable Percentages (calculated without regard to such Defaulting Bank’s
Commitment) but only to the extent that (x) the conditions set forth in Section 2.02
are satisfied at the time of such reallocation (and, unless the Borrowers shall have
otherwise notified the Agent at such time, the Borrowers shall be deemed to have
represented and warranted that such conditions are satisfied at such time), and (y)
such reallocation does not cause the aggregate Revolving Exposure of any
Non-Defaulting Bank to exceed such Non-Defaulting Bank’s Revolving Commitment. No
reallocation hereunder shall constitute a waiver or release of any claim of any
party hereunder against a Defaulting Bank arising from that Bank having become a
Defaulting Bank, including any claim of a Non-Defaulting Bank as a result of such
Non-Defaulting Bank’s increased exposure following such reallocation.

(v) Repayment of Swing Loans. If the reallocation described in clause
(iv) above cannot, or can only partially, be effected, the Borrowers shall, without
prejudice to any right or remedy available to it hereunder or under law, prepay
Swing Loans in an amount by which the Swing Line Banks’ Fronting Exposure is not so
reallocated.

(b) Defaulting Bank Cure. If the Borrowers, the Agent and each Swing Line Bank agree
in writing that a Bank is no longer a Defaulting Bank, the Agent will so notify the parties hereto,
whereupon as of the effective date specified in such notice and subject to any conditions set forth
therein that Bank will, to the extent applicable, purchase at par that portion of outstanding Loans
of the other Bank or take such other actions as the Agent may determine to be necessary to cause
the Loans and funded and unfunded participations in Swing Loans to be held pro rata by the Bank in
accordance with the Commitments (without giving effect to Section 2.10(a)(iv), whereupon such Bank
will cease to be a Defaulting Bank; provided that no adjustments will be made retroactively with
respect to fees accrued or payments made by or on behalf of the Borrowers while that Bank was a
Defaulting Bank; and provided, further, that except to the extent otherwise expressly agreed by the
affected parties, no change hereunder from Defaulting Bank to Bank will constitute a waiver or
release of any claim of any party hereunder arising from that Bank having been a Defaulting Bank.

(c) New Swing Loans. So long as any Bank is a Defaulting Bank, the Agent shall fund
any Swing Loans up to its Swing Line Commitment, provided that no Swing Line Bank shall incur
aggregate credit exposure hereunder with respect to Loans and Swing Line Exposure in excess of its
Commitment.

(d) Termination of Defaulting Bank. The Borrowers may terminate the unused amount of
the Commitment of any Bank that is a Defaulting Bank upon not less than five (5) Business Days’
prior notice to the Agent (which shall promptly notify the Banks thereof), and in such event the
provisions of Section 2.10(a)(ii) will apply to all amounts thereafter paid by the Borrowers for
the account of such Defaulting Bank under this Agreement (whether on account of principal,
interest, fees, indemnity or other amounts); provided that (i) no Event of Default shall have
occurred and be continuing, and (ii) such termination shall not be deemed to be a waiver or release
of any claim the Borrowers, the Agent, the Swing Line Bank or any Bank may have against such
Defaulting Bank.

ARTICLE III.

INCREASED CAPITAL; TAXES, ETC.

Section 3.01 Increased Costs.

(a) Increased Costs Generally. If any Change in Law shall:

(i) impose, modify or deem applicable any reserve, special deposit, compulsory
loan, insurance charge or similar requirement (on a net basis) against assets of,
deposits with or for the account of, or credit extended or participated in by, any
Bank (except any reserve requirement reflected in the Adjusted LIBOR Rate);

(ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B)
Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and
(C) Connection Income Taxes) on its loans, loan principal, letters of credit,
commitments, or other obligations, or its deposits, reserves, other liabilities or
capital attributable thereto;

(iii) impose on any Bank or the London interbank market any other condition,
cost or expense (other than Taxes) affecting this Agreement or Loans made by such
Bank or participation therein;

and the result of any of the foregoing shall be to increase the cost to such Bank or such other
Recipient of making, converting to, continuing or maintaining any Loan or of maintaining its
obligation to make any such Loan, or to increase the cost to such Bank, or such other Recipient of
participating in, or to reduce the amount of any sum received or receivable by such Bank or other
Recipient hereunder (whether of principal, interest or any other amount) then, upon request of such
Bank or other Recipient, the Borrower will pay to such Bank or other Recipient, as the case may be,
such additional amount or amounts as will compensate such Bank or other Recipient, as the case may
be, for such additional costs incurred or reduction suffered.

(b) Increased Costs as a result of Mandatory Cost. If any Change in Law shall result
in the failure of the Mandatory Cost, as calculated hereunder, to represent the cost to any Bank of
complying with the requirements of the Bank of England and/or the Financial Services Authority or
the European Central Bank in relation to its making, funding or maintaining any Alternate Currency
Loans, then, within fifteen (15) days after demand by such Bank (made within one hundred eighty
(180) days of such Bank becoming aware of the reason giving rise to such demand), the appropriate
Borrower shall pay to such Bank from time to time on Interest Adjustment Dates with respect to such
Fixed Rate Loan, as additional consideration hereunder, additional amounts sufficient to fully
compensate and indemnify such Bank for such increased cost or reduced amount, assuming (which
assumption such Bank need not corroborate) such additional cost or reduced amount was allocable to
such Fixed Rate Loan. Each Bank shall designate a different lending office if such designation
will avoid the need for, or reduce the amount of, such compensation and will not, in the judgment
of such Bank, be otherwise disadvantageous to such Bank.

(c) Certificates for Reimbursement. A certificate of a Bank setting forth the amount
or amounts necessary to compensate such Bank or its holding company, as the case may be, as
specified in paragraph (a) of this Section and delivered to the Borrower, shall be conclusive
absent manifest error. The Borrower shall pay such Bank, the amount shown as due on any such
certificate within 10 days after receipt thereof.

(d) Delay in Requests. Failure or delay on the part of any Bank to demand
compensation pursuant to this Section shall not constitute a waiver of such Bank’s right to demand
such compensation; provided that the Borrower shall not be required to compensate a Bank
pursuant to this Section for any increased costs incurred or reductions suffered more than nine
months prior to the date that such Bank notifies the Borrower of the Change in Law giving rise to
such increased costs or reductions, and of such Bank’s intention to claim compensation therefor
(except that, if the Change in Law giving rise to such increased costs or reductions is
retroactive, then the nine-month period referred to above shall be extended to include the period
of retroactive effect thereof).

Section 3.02 Tax Law, Etc.

(a) Payments Free of Taxes. Any and all payments by or on account of any obligation
of the Borrowers under any Loan Document shall be made without deduction or withholding for any
Taxes, except as required by applicable law. If any applicable law (as determined in the good
faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any
Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be
entitled to make such deduction or withholding and shall timely pay the full amount deducted or
withheld to the relevant Governmental Authority in accordance with applicable law and, if such Tax
is an Indemnified Tax, then the sum payable by the Borrowers shall be increased as necessary so
that after such deduction or withholding has been made (including such deductions and withholdings
applicable to additional sums payable under this Section) the applicable Recipient receives an
amount equal to the sum it would have received had no such deduction or withholding been made.

(b) Payment of Other Taxes by the Borrower. The Borrowers shall timely pay to the
relevant Governmental Authority in accordance with applicable law, or at the option of the Agent
timely reimburse it for the payment of, any Other Taxes.

(c) Indemnification by the Borrower. The Borrowers shall jointly and severally
indemnify each Recipient, within 10 days after demand therefor, for the full amount of any
Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts
payable under this Section) payable or paid by such Recipient or required to be withheld or
deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or
liability delivered to the Borrower by a Bank (with a copy to the Agent), or by the Agent on its
own behalf or on behalf of a Bank, shall be conclusive absent manifest error.

(d) Indemnification by the Banks. Each Bank shall severally indemnify the Agent,
within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Bank (but
only to the extent that the Borrowers have not already indemnified the Agent for such Indemnified
Taxes and without limiting the obligation of the Borrowers to do so), (ii) any Taxes attributable
to such Bank’s failure to comply with the provisions of Section 10.10 relating to the maintenance
of a Participant Register and (iii) any Excluded Taxes attributable to such Bank, in each case,
that are payable or paid by the Agent in connection with any Loan Document, and any reasonable
expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount
of such payment or liability delivered to any Bank by the Agent shall be conclusive absent manifest
error. Each Bank hereby authorizes the Agent to set off and apply any and all amounts at any time
owing to such Bank under any Loan Document or otherwise payable by the Agent to the Bank from any
other source against any amount due to the Agent under this paragraph (d).

(e) Evidence of Payments. As soon as practicable after any payment of Taxes by the
Borrowers to a Governmental Authority pursuant to this Section 3.03, the Borrowers shall deliver to
the Agent the original or a certified copy of a receipt issued by such Governmental Authority
evidencing such payment, a copy of the return reporting such payment or other evidence of such
payment reasonably satisfactory to the Agent.

(f) Status of Banks. (i) Any Bank that is entitled to an exemption from or reduction
of withholding Tax with respect to payments made under any Loan Document shall deliver to the
Borrowers and the Agent, at the time or times reasonably requested by the Borrowers or the Agent,
such properly completed and executed documentation reasonably requested by the Borrowers or the
Agent as will permit such payments to be made without withholding or at a reduced rate of
withholding. In addition, any Bank, if reasonably requested by the Borrowers or the Agent, shall
deliver such other documentation prescribed by applicable law or reasonably requested by the
Borrowers or the Agent as will enable the Borrowers or the Agent to determine whether or not such
Bank is subject to backup withholding or information reporting requirements. Notwithstanding
anything to the contrary in the preceding two sentences, the completion, execution and submission
of such documentation (other than such documentation set forth in Section 3.03(f), (ii)(A), (ii)(B)
and (ii)(D) below) shall not be required if in the Bank’s reasonable judgment such completion,
execution or submission would subject such Bank to any material unreimbursed cost or expense or
would materially prejudice the legal or commercial position of such Bank.

(ii) Without limiting the generality of the foregoing, in the event that the Borrower is a
U.S. Borrower,

(A) any Bank that is a U.S. Person shall deliver to the Borrowers and the Agent on or prior to
the date on which such Bank becomes a Bank under this Agreement (and from time to time thereafter
upon the reasonable request of the Borrowers or the Agent), executed originals of IRS Form W-9
certifying that such Bank is exempt from U.S. federal backup withholding tax;

(B) any Foreign Bank shall, to the extent it is legally entitled to do so, deliver to the
Borrowers and the Agent (in such number of copies as shall be requested by the recipient) on or
prior to the date on which such Foreign Bank becomes a Bank under this Agreement (and from time to
time thereafter upon the reasonable request of the Borrowers or the Agent), whichever of the
following is applicable:

(i) in the case of a Foreign Bank claiming the benefits of an income tax
treaty to which the United States is a party (x) with respect to payments of
interest under any Loan Document, executed originals of IRS Form W-8BEN establishing
an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the
“interest” article of such tax treaty and (y) with respect to any other applicable
payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the “business profits” or
“other income” article of such tax treaty;

(ii) executed originals of IRS Form W-8ECI;

(iii) in the case of a Foreign Bank claiming the benefits of the exemption for
portfolio interest under Section 881(c) of the Code, (x) a certificate substantially
in the form of Exhibit G-1 to the effect that such Foreign Bank is not a
“bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent
shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code,
or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code
(a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form
W-8BEN; or

(iv) to the extent a Foreign Bank is not the beneficial owner, executed
originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN, a
U.S. Tax Compliance Certificate substantially in the form of Exhibit G-2 or
Exhibit G-3, IRS Form W-9, and/or other certification documents from each
beneficial owner, as applicable; provided that if the Foreign Bank is a
partnership and one or more direct or indirect partners of such Foreign Bank are
claiming the portfolio interest exemption, such Foreign Bank may provide a U.S. Tax
Compliance Certificate substantially in the form of Exhibit G-4 on behalf of
each such direct and indirect partner;

(C) any Foreign Bank shall, to the extent it is legally entitled to do so, deliver to the
Borrowers and the Agent (in such number of copies as shall be requested by the recipient) on or
prior to the date on which such Foreign Bank becomes a Bank under this Agreement (and from time to
time thereafter upon the reasonable request of the Borrowers or the Agent), executed originals of
any other form prescribed by applicable law as a basis for claiming exemption from or a reduction
in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as
may be prescribed by applicable law to permit the Borrowers or the Agent to determine the
withholding or deduction required to be made; and

(D) if a payment made to a Bank under any Loan Document would be subject to U.S. federal
withholding Tax imposed by FATCA if such Bank were to fail to comply with the applicable reporting
requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as
applicable), such Bank shall deliver to the Borrowers and the Agent at the time or times prescribed
by law and at such time or times reasonably requested by the Borrowers or the Agent such
documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of
the Code) and such additional documentation reasonably requested by the Borrowers or the Agent as
may be necessary for the Borrowers and the Agent to comply with their obligations under FATCA and
to determine that such Bank has complied with such Bank’s obligations under FATCA or to determine
the amount to deduct and withhold from such payment. Solely for purposes of this clause (D),
“FATCA” shall include any amendments made to FATCA after the date of this Agreement.

Each Bank agrees that if any form or certification it previously delivered expires or becomes
obsolete or inaccurate in any respect, it shall update such form or certification or promptly
notify the Borrowers and the Agent in writing of its legal inability to do so.

(g) Treatment of Certain Refunds. If any party determines, in its sole discretion
exercised in good faith, that it has received a refund of any Taxes as to which it has been
indemnified pursuant to this Section 3.03 (including by the payment of additional amounts pursuant
to this Section 3.03), it shall pay to the indemnifying party an amount equal to such refund (but
only to the extent of indemnity payments made under this Section with respect to the Taxes giving
rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party
and without interest (other than any interest paid by the relevant Governmental Authority with
respect to such refund). Such indemnifying party, upon the request of such indemnified party,
shall repay to such indemnified party the amount paid over pursuant to this paragraph (h) (plus any
penalties, interest or other charges imposed by the relevant Governmental Authority) in the event
that such indemnified party is required to repay such refund to such Governmental Authority.
Notwithstanding anything to the contrary in this paragraph (g), in no event will the indemnified
party be required to pay any amount to an indemnifying party pursuant to this paragraph (g) the
payment of which would place the indemnified party in a less favorable net after-Tax position than
the indemnified party would have been in if the indemnification payments or additional amounts
giving rise to such refund had never been paid. This paragraph shall not be construed to require
any indemnified party to make available its Tax returns (or any other information relating to its
Taxes that it deems confidential) to the indemnifying party or any other Person.

(h) Survival. Each party’s obligations under this Section 3.02, Sections 3.01, 3.04
and 3.07 shall survive the resignation or replacement of the Agent or any assignment of rights by,
or the replacement of, a Bank, the termination of the Commitments and the repayment, satisfaction
or discharge of all obligations under any Loan Document.

Section 3.03 Eurodollar or Alternate Currency Deposits Unavailable or Interest Rate
Unascertainable. In respect of any Fixed Rate Loan, in the event that Agent shall have
determined that (a) for Eurodollar Loans, that Dollar deposits or (b) for Alternate Currency Loans,
that deposits of the relevant Alternate Currency, of the relevant amount for the relevant Interest
Period for such Fixed Rate Loan are not available to Agent in the applicable Eurodollar or
Alternate Currency market, as the case may be, or that, by reason of circumstances affecting such
market, adequate and reasonable means do not exist for ascertaining the applicable LIBOR Rate
applicable to such Interest Period, as the case may be, Agent shall promptly give notice of such
determination to Borrowers and (a) any notice of a new Eurodollar Loan or Alternate Currency Loan,
as the case may be, (or conversion of an existing Base Rate Loan to a Eurodollar Loan) previously
given by any Borrower and not yet borrowed (or converted, as the case may be) shall be deemed a
notice to make a Base Rate Loan, and (b) the appropriate Borrower shall be obligated either to
prepay, or with respect to a Eurodollar Loan, to convert to a Base Rate Loan, any outstanding Fixed
Rate Loan on the last day of the then current Interest Period with respect thereto.

Section 3.04 Indemnity. Without prejudice to any other provisions of this Article
III, each Borrower hereby agrees to indemnify each Bank against any loss or expense that such Bank
may sustain or incur as a consequence of any default by such Borrower in payment when due of any
amount hereunder in respect of any Fixed Rate Loan, including, but not limited to, any loss of
profit, premium or penalty incurred by such Bank in respect of funds borrowed by it for the purpose
of making or maintaining such Fixed Rate Loan, as determined by such Bank in the exercise of its
sole but reasonable discretion. A certificate as to any such loss or expense shall be promptly
submitted by such Bank to the appropriate Borrower and shall, in the absence of manifest error, be
conclusive and binding as to the amount thereof.

Section 3.05 Changes in Law Rendering Fixed Rate Loans Unlawful. If at any time any
Change in Law shall make it unlawful for any Bank to fund any Fixed Rate Loan that it is committed
to make hereunder in any Alternate Currency or Dollars, as the case may be, the commitment of such
Bank to fund such Fixed Rate Loan shall, upon the happening of such event, forthwith be suspended
for the duration of such illegality, and such Bank shall by written notice to Borrowers and Agent
declare that its commitment with respect to such Fixed Rate Loan has been so suspended and, if and
when such illegality ceases to exist, such suspension shall cease and such Bank shall similarly
notify Borrowers and Agent. If any such change shall make it unlawful for any Bank to continue in
effect the funding in the applicable Eurodollar or Alternate Currency market, as the case may be,
of any Fixed Rate Loan previously made by it hereunder, such Bank shall, upon the happening of such
event, notify Borrowers, Agent and the other Banks thereof in writing stating the reasons therefor,
and the appropriate Borrower shall, on the earlier of (a) the last day of the then current Interest
Period or (b) if required by such law, regulation or interpretation, on such date as shall be
specified in such notice, either convert such Fixed Rate Loan (if a Eurodollar Loan) to a Base Rate
Loan or prepay such Fixed Rate Loan to the Banks in full. Any such prepayment or conversion shall
be subject to the prepayment fees described in Section 2.05 hereof.

Section 3.06 Funding. Each Bank may, but shall not be required to, make Fixed Rate
Loans hereunder with funds obtained outside the United States or, in connection with any Loans to
be made to any Foreign Borrower, such Loans may be made through a branch or affiliate of any Bank.

Section 3.07 Capital Adequacy. If any Bank shall have determined, after the Closing
Date, that a Change in Law affecting such Bank or any lending office of such Bank, if any,
regarding capital adequacy (whether or not having the force of law), has or will have the effect of
reducing the rate of return on such Bank’s capital as a consequence of its obligations hereunder to
a level below that which such Bank could have achieved but for such Change in Law (taking into
consideration such Bank’s policies or the policies of its holding company with respect to capital
adequacy) by an amount deemed by such Bank to be material, then from time to time, within fifteen
(15) days after demand by such Bank (made within one hundred eighty (180) days of such Bank
becoming aware of the reason giving rise to such demand), with a copy to Agent, the applicable
Borrower shall pay to such Bank such additional amount or amounts as shall compensate such Bank for
such reduction. Each Bank shall designate a different lending office if such designation will
avoid the need for, or reduce the amount of, such compensation and will not, in the judgment of
such Bank, be otherwise disadvantageous to such Bank. A certificate of any Bank claiming
compensation under this Section and setting forth the additional amount or amounts to be paid to it
hereunder shall be conclusive in the absence of manifest error. In determining such amount, such
Bank may use any reasonable averaging and attribution methods. Failure on the part of any Bank to
demand compensation for any reduction in return on capital with respect to any period shall not
constitute a waiver of such Bank’s rights to demand compensation for any reduction in return on
capital in such period or in any other period. The protection of this Section shall be available to
each Bank regardless of any possible contention of the invalidity or inapplicability of the law,
regulation or other condition that shall have been imposed.

Section 3.08 Application of Provisions. Notwithstanding anything in this Agreement to
the contrary, no Bank shall demand compensation for any reduction referred to in Sections 3.01,
3.02, 3.03 or 3.07 hereof if it shall not at the time be the general policy or practice of such
Bank to demand such compensation, payment or reimbursement in similar circumstances under
comparable provisions of other credit agreements.

Section 3.09 Replacement of Banks. If any Bank requests compensation under
Section 3.01 or Section 3.07, or if the Borrower is required to pay any Indemnified Taxes or
additional amounts to any Bank or any Governmental Authority for the account of any Bank pursuant
to Section 3.03 and, in each case, such Bank has declined or is unable to designate a different
lending office in accordance with Section 3.01(b) or 3.07 or if any Bank is a Defaulting Bank or a
Non-Consenting Bank, then the Borrowers may, at their sole expense and effort, upon notice to such
Bank and the Agent, require such Bank to assign and delegate, without recourse (in accordance with
and subject to the restrictions contained in, and consents required by, Section 10.08), all of its
interests, rights (other than its existing rights to payments pursuant to Section 3.01, Section
3.07 or Section 3.02) and obligations under this Agreement and the related Loan Documents to an
Eligible Assignee that shall assume such obligations (which assignee may be another Bank, if a Bank
accepts such assignment); provided that:

(i) the Borrowers shall have paid to the Agent the assignment fee (if any)
specified in Section 10.10;

(ii) such Bank shall have received payment of an amount equal to the
outstanding principal of its Loans accrued interest thereon, accrued fees and all
other amounts payable to it hereunder and under the other Loan Documents (including
any amounts under Section 3.04) from the assignee (to the extent of such outstanding
principal and accrued interest and fees) or the Borrower (in the case of all other
amounts);

(iii) in the case of any such assignment resulting from a claim for
compensation under Section 3.01, Section 3.07 or payments required to be made
pursuant to Section 3.02, such assignment will result in a reduction in such
compensation or payments thereafter;

(iv) such assignment does not conflict with applicable law; and

(v) in the case of any assignment resulting from a Bank becoming a
Non-Consenting Bank, the applicable assignee shall have consented to the applicable
amendment, waiver or consent.

A Bank shall not be required to make any such assignment or delegation if, prior thereto, as a
result of a waiver by such Bank or otherwise, the circumstances entitling the Borrowers to require
such assignment and delegation cease to apply.

ARTICLE IV.

CONDITIONS PRECEDENT

The obligation of the Banks to make the first Loan, and of Agent to make the first Swing Loan,
is subject to Nordson, and each Foreign Borrower in existence on the Closing Date, satisfying each
of the following conditions:

Section 4.01 Loan Documents. Each Borrower shall have executed and delivered to (i)
Agent, this Agreement, each of the Loan Documents, and the Swing Line Note and (ii) each Bank, its
Revolving Note.

Section 4.02 Officer’s Certificate, Resolutions, Organizational Documents. Each
Borrower shall have delivered to each Bank an officer’s certificate certifying the names of the
officers of such Borrower authorized to sign the Loan Documents, together with the true signatures
of such officers and certified copies of (a) the resolutions of the board of directors of such
Borrower evidencing authorization of the transactions contemplated by the Loan Documents, and (b)
the Organizational Documents of such Borrower.

Section 4.03 Legal Opinion. Borrowers shall have delivered to Agent an opinion of
counsel for each Borrower, in form and substance satisfactory to Agent and the Required Banks.

Section 4.04 Good Standing Certificate. Nordson shall have delivered to Agent a good
standing certificate, issued on or about the Closing Date by the Secretary of State of Ohio.

Section 4.05 Agent Fee Letter; Legal Fees. Borrowers shall have (a)  paid to Agent,
for its sole benefit, the fees described in the Agent Fee Letter, (b) paid to Agent, for the
account of the Banks, the fees agreed to by Nordson and the Banks, (c) paid to the Co-Arrangers,
the fees agreed to by Nordson and the Co-Arrangers and (d) paid all legal fees and expenses of
Agent in connection with the preparation and negotiation of the Loan Documents.

Section 4.06 Closing Certificate. Borrowers shall have delivered to Agent and the
Banks an officer’s certificate certifying that, as of the Closing Date, (a) all conditions
precedent set forth in this Article IV have been satisfied, (b) no Default or Event of Default
exists nor immediately after the making of the first Loan will exist, and (c) each of the
representations and warranties contained in Article VI hereof are true and correct as of the
Closing Date.

Section 4.07 Existing Credit Agreement. Nordson shall have terminated the existing
Credit Agreement (the “Existing Credit Agreement”) among Nordson, the banks party thereto and
KeyBank National Association, as Agent, dated July 13, 2007 and shall have repaid in full all of
the Indebtedness and other obligations outstanding thereunder.

Section 4.08 No Material Adverse Change. No material adverse change, in the opinion
of Agent, shall have occurred in the financial condition or operations of the Companies since
October 31, 2010.

Section 4.09 Miscellaneous. Borrowers shall have provided to Agent and the Banks such
other items and shall have satisfied such other conditions as may be reasonably required by Agent
or the Banks.

ARTICLE V.

COVENANTS

Nordson agrees that, so long as the Commitment remains in effect and thereafter until all of
the Debt shall have been paid in full, Nordson shall perform and observe, and shall cause each
other Company to perform and observe, each of the following provisions:

Section 5.01 Money Obligations. Nordson covenants that it will, and shall cause each
of its Subsidiaries to, pay in full (a) prior in each case to the date when penalties would attach,
all taxes, assessments and governmental charges and levies (except only those so long as and to the
extent that the same shall be contested in good faith by appropriate and timely proceedings and for
which adequate reserves have been established in accordance with GAAP) for which it may be or
become liable or to which any or all of its properties may be or become subject and the failure to
pay would have a Material Adverse Effect; (b) all of its wage obligations to any employees required
to be paid in compliance with the Fair Labor Standards Act (29 U.S.C. §§206-207) or any comparable
provisions and the failure to pay would have a Material Adverse Effect; and (c) all of its other
obligations calling for the payment of money (except only those so long as and to the extent that
the same shall be contested in good faith and for which adequate reserves have been established in
accordance with GAAP) before such payment becomes overdue and the failure to pay (i) would
constitute a Default or Event of Default hereunder or (ii) have a Material Adverse Effect.

Section 5.02 Financial Statements. Nordson covenants that it will deliver to each
Bank:

(a) within forty-five (45) days after the end of each of the first three (3) quarter-annual
periods of each fiscal year of Nordson, balance sheets of Nordson as of the end of such period and
statements of income (loss), stockholders’ equity and cash flow for the quarter and fiscal year to
date periods, all prepared on a Consolidated basis, in accordance with GAAP and in form and detail
satisfactory to the Required Banks and certified by a Financial Officer of Nordson;

(b) within ninety (90) days after the end of each fiscal year of Nordson, (i) an annual audit
report of Nordson for that year prepared on a Consolidated and consolidating (but only as to
Nordson and its Subsidiaries) basis, in accordance with GAAP, and in form and detail satisfactory
to the Required Banks and certified by an independent public accountant satisfactory to the
Required Banks, which report shall include balance sheets and statements of income (loss),
stockholders’ equity and cash-flow for that period, provided that delivery of Nordson’s annual
report for any fiscal year of Nordson on Form 10-K as filed with the SEC shall satisfy the
requirements of this subpart (b)(i), and (ii) a certificate by such accountant setting forth the
Defaults and Events of Default coming to its attention during the course of its audit or, if none,
a statement to that effect;

(c) concurrently with the delivery of the financial statements in (a) and (b) above, a
Compliance Certificate;

(d) as soon as available, copies of all notices, reports, definitive proxy statements and
other documents that are publicly available and sent by Nordson to its shareholders, to the holders
of any of its debentures or bonds or the trustee of any indenture securing the same or pursuant to
which they are issued, or sent by Nordson (in final form) to any securities exchange or over the
counter authority or system, or to the SEC or any similar federal agency having regulatory
jurisdiction over the issuance of Nordson’s securities; provided that publication of any of the
foregoing items with the SEC shall satisfy the requirements of this subpart (d); and

(e) within ten (10) days of the written request of Agent or any Bank (with such request being
made through Agent), such other information about the financial condition, properties and
operations of any Company as Agent may from time to time reasonably request (but subject to any
applicable law and, upon request of Nordson, subject to customary confidentiality provisions),
which information shall be submitted in form and detail satisfactory to Agent and certified by a
Financial Officer of the Company or Companies in question.

Documents required to be delivered pursuant to Section 5.08(a) or (b) (to the extent that any such
documents are included in materials otherwise filed with the SEC) may be delivered electronically
and if so delivered, shall be deemed to have been delivered on the date (i) on which Nordson posts
such documents, or provides a link thereto on Nordson’s website on the Internet at the website
address; or (ii) on which such documents are posted on Nordson’s behalf on an Internet website, if
any, to which each Bank and the Agent have access (whether a commercial, third-party website or
whether sponsored by the Agent); provided that: (i) Nordson shall deliver paper copies of such
documents to the Agent or any Bank that requests Nordson to deliver such paper copies until a
written request to cease delivering paper copies is given by the Agent or such Bank and (ii)
Nordson shall notify the Agent and each Bank (by telecopier or electronic mail) of the posting of
any such documents and provide to the Agent by electronic mail electronic versions (i.e., soft
copies) of such documents.

Section 5.03 Records. Nordson covenants that it will, and will cause each Subsidiary
to, at all times maintain true and complete records and books of account, including, without
limiting the generality of the foregoing, appropriate reserves for possible losses and liabilities,
all in accordance with GAAP, and at all reasonable times (during normal business hours and upon
notice to such Company) permit Agent, or any representative of Agent, to examine that Company’s
books and records and to make excerpts therefrom and transcripts thereof.

Section 5.04 Franchises. Nordson will and shall cause each of its Subsidiaries to
preserve and maintain at all times its existence, rights and franchises, except as otherwise
permitted pursuant to Section 5.09 hereof; provided that Nordson shall not be required to preserve
or maintain such rights or franchises where the failure to do so will not have a Material Adverse
Effect.

Section 5.05 ERISA Compliance. None of Nordson or its Subsidiaries shall incur any
material accumulated funding deficiency within the meaning of ERISA, or any material liability to
the PBGC, established thereunder in connection with any ERISA Plan. Nordson shall promptly notify
each Agent of any material taxes assessed, proposed to be assessed or that Nordson has reason to
believe may be assessed against Nordson or any of its Subsidiaries by the Internal Revenue Service
with respect to any ERISA Plan. As used in this Section “material” means the measure of a matter
of significance that shall be determined as being an amount equal to five percent (5%) of the
Consolidated Total Assets of Nordson.

Section 5.06 Financial Covenants.

(a) Leverage Ratio. Nordson covenants that it shall not suffer or permit the Leverage Ratio
to exceed 3.50 to 1.00.

(b) Interest Coverage Ratio. Nordson covenants that it shall not suffer or permit the
Interest Coverage Ratio to be less than 3.00 to 1.00.

Section 5.07 Indebtedness. Nordson covenants that it will not and shall not permit
any of its Subsidiaries to create, incur or have outstanding any Indebtedness of any kind;
provided, that this Section 5.07 shall not apply to:

(a) Loans or any Indebtedness under this Agreement;

(b) the unsecured Indebtedness of Nordson under the 2008 Note Purchase Agreement in an
aggregate principal amount not to exceed Fifty Million Dollars ($50,000,000);

(c) the unsecured Indebtedness of Nordson under the 2011 NYLIM Note Purchase Agreement in an
aggregate principal amount not to exceed One Hundred Fifty Million Dollars ($150,000,000);

(d) the unsecured Indebtedness under the 2012 Senior Notes Purchase Agreements in an aggregate
amount not to exceed Two Hundred Million Dollars ($200,000,000);

(e) the unsecured Indebtedness of Nordson owing to The Bank of Tokyo-Mitsubishi UFJ, Ltd. up
to the Dollar Equivalent of One Billion Japanese Yen (¥1,000,000,000);

(f) loans or capital leases to Nordson or any of its Subsidiaries for the purchase or lease of
fixed assets, which loans or leases are secured by the assets being purchased or leased, so long as
the aggregate then outstanding principal amount of all such loans and leases for Nordson and its
Subsidiaries do not exceed the greater of (a) One Hundred Million Dollars ($100,000,000) and (b) an
amount equal to five percent (5%) of Consolidated Total Assets at any time;

(g) Indebtedness owed by Nordson or a Subsidiary (other than the Receivables Subsidiary) to
Nordson or another Subsidiary (other than the Receivables Subsidiary);

(h) Indebtedness of the Receivables Subsidiary under the Permitted Receivables Facility, so
long as (a) the funded amount, together with any other Indebtedness thereunder, does not exceed the
greater of (1) Two Hundred Million Dollars ($200,000,000) and (2) an amount equal to ten percent
(10%) of Consolidated Total Assets at any time, and (b) Nordson provides a copy of the documents
evidencing such transaction to the Agent; and

(i) additional Indebtedness of Nordson or any Subsidiary, to the extent not otherwise
permitted pursuant to any of the foregoing clauses of this Section 5.07, so long as (i) Nordson
will be in pro forma compliance as of the applicable measurement period with Section 5.06 hereof
after giving effect to the incurrence of such Indebtedness and (ii) no Event of Default shall exist
prior to or after giving effect to the incurrence of any such Indebtedness.

Section 5.08 Liens. Nordson covenants and warrants that it will not, and will not
permit any Subsidiary to create, assume or suffer to exist any Lien upon any of its property or
assets, whether now owned or hereafter acquired; provided that this Section 5.08 shall not apply to
the following:

(a) Liens for taxes not yet due or that are being actively contested in good faith by
appropriate proceedings and for which adequate reserves have been established in accordance
with GAAP;

(b) other statutory Liens incidental to the conduct of its business or the ownership of
its property and assets that (a) were not incurred in connection with the borrowing of money
or the obtaining of advances or credit, and (b) do not in the aggregate materially detract
from the value of its property or assets or materially impair the use thereof in the
operation of its business

(c) easements or other minor defects or irregularities in title of real property not
interfering in any material respect with the use of such property in the business of Nordson
or any of its Subsidiaries;

(d) any Lien granted to Agent, for the benefit of the Banks;

(e) Liens on fixed assets securing the loans or capital leases pursuant to Section
5.07(f) hereof, provided that such Lien only attaches to the property being acquired or
leased plus any such Liens existing on the date hereof;

(f) Liens on the Receivables Related Assets in connection with the Permitted
Receivables Facility securing the obligations under the Permitted Receivables Facility; and

(g) any other Liens, to the extent not otherwise permitted pursuant to clauses
(a) through (f) hereof, so long as the aggregate then outstanding amount of Priority
Indebtedness does not exceed at any time, for Nordson and all Subsidiaries, an amount equal
to fifteen percent (15%) of Consolidated Total Assets.

Nordson shall not, and shall not permit any Subsidiary (other than the Receivables Subsidiary) to,
enter into any Material Indebtedness Agreement (other than any contract or agreement entered into
in connection with the Indebtedness permitted to be incurred pursuant to paragraph 5.07(b), (c),
(d), (e), (f) (but only with respect to the assets the subject thereof) or (i) hereof) that would
prohibit Agent or the Banks from acquiring a security interest, mortgage or other Lien on, or a
collateral assignment of, any of the property or assets of Nordson or any of Subsidiaries.

Section 5.09 Merger and Sale of Assets. Nordson covenants that it will not, and will
not permit any Subsidiary to, merge or consolidate with any other Person, or sell, lease or
transfer or otherwise dispose of any assets to any Person other than in the ordinary course of
business, except that, if no Default or Event of Default shall then exist or immediately thereafter
shall begin to exist:

(a) any Subsidiary (other than the Receivables Subsidiary) may merge with (a) Nordson
(provided that Nordson shall be the continuing or surviving Person), or (b) any other
Subsidiary (other than the Receivables Subsidiary);

(b) Nordson may sell, lease, transfer or otherwise dispose of any of its assets to any
Subsidiary (other than the Receivables Subsidiary) and any Subsidiary (other than the
Receivables Subsidiary) may sell, lease, transfer or otherwise dispose of any of its assets
to (a) Nordson, or (b) any Subsidiary (other than the Receivables Subsidiary);

(c) in addition to any sale, lease, transfer or other disposition permitted pursuant to
clauses (a) and (b) above, Nordson and any Subsidiary may sell accounts receivables and
related rights to the Receivables Subsidiary in connection with the Permitted Receivables
Facility;

(d) any merger or consolidation that constitutes an Acquisition permitted pursuant to
Section 5.10 hereof; and

(e) in addition to any sale, lease, transfer or other disposition permitted pursuant to
clauses (a) through (d) above, Nordson or any Subsidiary (other than the Receivables
Subsidiary) may sell, lease, transfer or otherwise dispose of any of its assets to any
Person so long as the aggregate amount of all such assets sold, leased, transferred or
otherwise disposed of by Nordson and all of its Subsidiaries does not exceed an amount equal
to eleven percent (11.0%) of Consolidated Total Assets during any two consecutive fiscal
years of Nordson.

Section 5.10 Acquisitions. Nordson covenants that it will not, and will not permit
any Subsidiary to, effect an Acquisition, except that Nordson or any Subsidiary (other than the
Receivables Subsidiary) may effect any Acquisition provided that (a) if such Acquisition is a
merger or consolidation with Nordson, Nordson shall be the surviving entity and if such Acquisition
is a merger or consolidation with a Subsidiary, then the surviving entity shall be a Subsidiary on
the consummation thereof; (b) the Board of Directors (or equivalent governing body) of the Person
acquired shall have approved such Acquisition; and (c) no Default or Event of Default shall then
exist or immediately thereafter shall begin to exist.

Section 5.11 Affiliate Transactions. Nordson covenants that it will not, and will not
permit any Subsidiary to, directly or indirectly, enter into or permit to exist any transaction
(including, without limitation, the purchase, sale, lease or exchange of any property or the
rendering of any service) with any Affiliate of Nordson or its Subsidiaries on terms that are less
favorable to Nordson or such Subsidiary, as the case may be, than those that might be obtained at
the time in a transaction with a non-Affiliate; provided, however, that the foregoing shall not
prohibit (i) the payment of customary and reasonable directors’ fees to directors who are not
employees of Nordson or its Subsidiaries or any Affiliate thereof; or (ii) any transaction,
including, but not limited to the transactions contemplated pursuant to the Permitted Receivables
Facility, between Nordson and an Affiliate that Nordson reasonably determines in good faith is
beneficial to Nordson and its Affiliates as a whole and that is not entered into for the purpose of
hindering the exercise by the Agent or any Bank of its rights or remedies under this Agreement or
any other Loan Document.

Section 5.12 Regulations U and X. No Company shall take any actions that would result
in any non-compliance of the Loans with Regulations U and X, or any other applicable regulation, of
the Board of Governors of the Federal Reserve System.

Section 5.13 Notice. Nordson covenants that it will promptly notify the Agent and the
Banks whenever, to the knowledge of a Financial Officer (a) any Default or Event of Default is
likely to occur hereunder, or (b) any default, or event with which the passage of time or the
giving of notice, or both, would cause a default, shall have occurred under any Material
Indebtedness Agreement (including, without limitation, the Note Purchase Agreements so long as each
is a Material Indebtedness Agreement).

Section 5.14 Environmental Compliance. Except where the failure to do so would not
have or result in a Material Adverse Effect, Nordson covenants that it will, and shall cause each
Subsidiary to, (i) comply in all respects with any and all Environmental Laws including, without
limitation, all Environmental Laws in jurisdictions in which Nordson or any Subsidiary owns or
operates a facility or site, arranges for disposal or treatment of hazardous substances, solid
waste or other wastes, accepts for transport any hazardous substances, solid waste or other wastes
or holds any interest in real property or otherwise and (ii) not allow the release or disposal of
hazardous waste, solid waste or other wastes on, under or to any real property in which Nordson or
any of its Subsidiaries holds any interest or performs any of its operations, in violation of any
Environmental Law. Nordson shall defend, indemnify and hold the Agent and the Banks harmless
against all costs, expenses, claims, damages, penalties and liabilities of every kind or nature
whatsoever (including attorneys’ fees) arising out of or resulting from the noncompliance of
Nordson or any of its Subsidiaries with any Environmental Law. Such indemnification shall survive
any termination of this Agreement.

Section 5.15 Restricted Payments. Nordson covenants that it will not make or commit
itself to make any Restricted Payment if an Default or Event of Default shall then exist or
immediately thereafter shall begin to exist.

Section 5.16 Use of Proceeds. Nordson’s use of the proceeds of the Loans shall be
solely for working capital and other general corporate purposes of Nordson and its Subsidiaries and
for Acquisitions permitted pursuant to this Agreement.

Section 5.17 Restrictive Agreements. Except as set forth in this Agreement, Nordson
covenants that it will not, and will not permit any Subsidiary (excluding the Receivable
Subsidiary) to, directly or indirectly, create or otherwise cause or suffer to exist or become
effective any encumbrance or restriction on the ability of any Subsidiary (excluding the
Receivables Subsidiary) to (a) make, directly or indirectly, any Capital Distribution to Nordson;
(b) make, directly or indirectly, loans or advances or capital contributions to Nordson; or (c)
transfer, directly or indirectly, any of the properties or assets of such Subsidiary (excluding the
Receivables Subsidiary) to Nordson, except for such encumbrances or restrictions existing under or
by reason of (1) applicable law, (2) customary non-assignment provisions in leases or other
agreements entered in the ordinary course of business and consistent with past practices, (3)
customary restrictions in security agreements or mortgages securing Indebtedness of Nordson or its
Subsidiaries to the extent such restrictions only restrict the transfer of the property subject to
such security agreement or mortgage or (4) customary and reasonable restrictions in agreements
necessary to obtain loans and credit facilities so long as such restrictions do not materially
encumber the ability of the Subsidiaries taken as a whole to make Capital Distributions.

Section 5.18 Guaranties of Payment; Guaranty Under Material Indebtedness Agreement.
Nordson covenants that it will not permit any Subsidiary to become a Guarantor in respect of any
Indebtedness under a Material Indebtedness Agreement (including, without limitation, the Note
Purchase Agreements, so long as each is a Material Indebtedness Agreement) unless, prior to or
concurrently therewith (i) Nordson shall have caused each such Subsidiary to execute and deliver to
the Agent and the Banks a Guaranty of Payment, in form and substance substantially similar to form
of guaranty furnished under such Material Indebtedness Agreement and otherwise completed in a
manner satisfactory to the Agent, accompanied by a certificate of the Secretary or Assistant
Secretary of such Subsidiary certifying such Subsidiary’s charter and by-laws (or comparable
governing documents), resolutions of the board of directors (or comparable governing body) of such
Subsidiary authorizing the execution and delivery of such Guaranty Agreement and incumbency and
specimen signatures of the officers of such Subsidiary executing such documents and (ii) if any
holder of any Indebtedness under the Material Indebtedness Agreement shall be or become a party to
an intercreditor agreement with any other holder of any Indebtedness under any other Material
Indebtedness Agreement, then all holders of Indebtedness under any other Material Indebtedness
Agreement with respect to which any Subsidiary is a Guarantor shall have entered into an
intercreditor agreement in form and substance customary and appropriate for such agreement and
otherwise reasonably satisfactory to the Agent.

Section 5.19 Pari Passu Ranking. Nordson covenants that its obligations under this
Agreement shall, and that it will, and will cause each Subsidiary to, take all necessary action to
ensure that the obligations of Nordson under this Agreement shall, at all times rank at least pari
passu in right of payment (to the fullest extent permitted by law) with all other senior unsecured
Indebtedness of Nordson and its Subsidiaries.

Section 5.20 Terrorism Sanctions Regulations. Nordson covenants that it will not, and
will not permit any Subsidiary to, (i) become a Person described or designated in the Specially
Designated Nationals and Blocked Persons List of the Office of Foreign Assets Control or in Section
1 of the Anti Terrorism Order or (ii) be in violation of any law, regulation, or list of any
government agency (including, without limitation, the U.S. Office of Foreign Asset Control list,
Executive Order No. 13224 or the USA Patriot Act) that prohibits or limits the conduct of business
with or the receiving of funds, goods or services to or for the benefit of certain Persons
specified therein or that prohibits or limits any Bank from making Loans hereunder to any Borrower
or from otherwise conducting business with Nordson or any Subsidiaries

ARTICLE VI.

REPRESENTATIONS AND WARRANTIES

Nordson and each other Borrower solely as to itself represents and warrants that the
statements set forth in this Article VI are true, correct and complete.

Section 6.01 Organization; Subsidiary Preferred Equity. Nordson is a corporation duly
organized and existing in good standing under the laws of the State of Ohio, and each Subsidiary is
duly organized and existing in good standing under the laws of the jurisdiction in which it is
organized. Nordson and each of its Subsidiaries have duly qualified or been duly licensed, and are
authorized to do business and are in good standing, in each jurisdiction in which the ownership of
their respective properties or the nature of their respective businesses makes such qualification
or licensing necessary and in which the failure to be so qualified or licensed could be reasonably
likely to have a Material Adverse Effect. No Subsidiary has any outstanding shares of any class of
capital stock or other equity interests which has priority over any other class of capital stock or
other equity interests of such Subsidiary as to dividends or distributions or in liquidation except
as may be owned beneficially and of record by Nordson or a Wholly-Owned Subsidiary. Each
Subsidiary’s legal name and its state or jurisdiction of organization has been set forth in
Nordson’s most recent annual report on Form 10-K (excluding for any Subsidiary organized or no
longer in existence since the date thereof). As of the date of this Agreement, no Subsidiary is a
Guarantor with respect to any Indebtedness under the any Material Indebtedness Agreement.

Section 6.02 Power and Authority. Nordson and each Subsidiary has all requisite
corporate, limited liability company or partnership, as the case may be, power to own or hold under
lease and operate their respective properties which it purports to own or hold under lease and to
conduct its business as currently conducted and as currently proposed to be conducted. Nordson has
all requisite corporate power to execute, deliver and perform its obligations under this Agreement
and other Loan Documents. The execution, delivery and performance of this Agreement and the other
Loan Documents has been duly authorized by all requisite corporate action, and this Agreement and
the other Loan Documents have been duly executed and delivered by authorized officers of Nordson
and are valid obligations of Nordson, legally binding upon and enforceable against Nordson in
accordance with their terms, except as such enforceability may be limited by (i) bankruptcy,
insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights
generally and (ii) general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law). The execution, delivery and performance of the
Loan Documents will not violate any applicable law, conflict with or result in any breach in any of
the provisions of, or constitute a default under, or result in the creation of any Lien (other than
Liens permitted under Section 5.08 hereof) upon any assets or property of any Company under the
provisions of such Company’s Organizational Documents or any agreement.

Section 6.03 Compliance with Laws. Each Company:

(a) holds permits, certificates, licenses, orders, registrations, franchises, authorizations,
and other approvals from federal, state, local, and foreign governmental and regulatory bodies
necessary for the conduct of its business and is in compliance with all applicable laws relating
thereto except where the failure to do so would not have a Material Adverse Effect;

(b) is in compliance with all federal, state, local, or foreign applicable statutes, rules,
regulations, and orders including, without limitation, those relating to environmental protection,
occupational safety and health, and equal employment practices, except where the failure to do so
would not have a Material Adverse Effect; and

(c) is not in violation of or in default under any agreement to which it is a party or by
which its assets are subject or bound, except to the extent that any such violation or default
would not have a Material Adverse Effect.

Section 6.04 Litigation and Administrative Proceedings. Except as disclosed on
Schedule 6.04 hereto, as to any of which, individually or in the aggregate, if determined
adversely, would not have a Material Adverse Effect, there are (a) no lawsuits, actions,
investigations, or other proceedings pending or threatened against any Company, or in respect of
which any Company may have any liability, in any court or before any governmental authority,
arbitration board, or other tribunal, (b) no orders, writs, injunctions, judgments, or decrees of
any court or government agency or instrumentality to which any Company is a party or by which the
property or assets of any Company are bound, and (c) no grievances, disputes, or controversies
outstanding with any union or other organization of the employees of any Company, or threats of
work stoppage, strike, or pending demands for collective bargaining.

Section 6.05 Title to Assets. Each Company has good title to and ownership of all
property it purports to own, which property is free and clear of all Liens, except those permitted
under Section 5.08 hereof or which the failure to have good title would not have a Material Adverse
Effect.

Section 6.06 Liens and Security Interests. On and after the Closing Date, except for
Liens permitted pursuant to Section 5.08 hereof, (a) there is no financing statement outstanding
covering any personal property of any Company, other than a financing statement in favor of Agent,
for the benefit of the Banks, if any; (b) there is no mortgage outstanding covering any real
property of any Company, other than a mortgage in favor of Agent, for the benefit of the Banks, if
any; and (c) no real or personal property of any Company is subject to any security interest or
Lien of any kind other than any security interest or Lien that may be granted to Agent, for the
benefit of the Banks. No Company (other than the Receivables Subsidiary) has entered into any
contract or agreement that exists on or after the Closing Date (other than any contract or
agreement entered into in connection with the Indebtedness permitted to be incurred pursuant to
Section 5.07 (b), (c), (d), (e), (f) (but only with respect to the assets the subject thereof) or
(i) hereof) that would prohibit Agent or the Banks from acquiring a security interest, mortgage or
other Lien on, or a collateral assignment of, any of the property or assets of any Company.

Section 6.07 Tax Returns. All foreign, federal, state and local tax returns and other
reports required by law to be filed in respect of the income, business, properties and employees of
each Company have been filed and all taxes, assessments, fees and other governmental charges that
are due and payable have been paid, except as otherwise permitted herein or the failure to do so
does not and will not cause or result in a Material Adverse Effect. The provision for taxes on the
books of each Company is adequate for all years not closed by applicable statutes and for the
current fiscal year.

Section 6.08 Environmental Laws. Each Company is in compliance with any and all
Environmental Laws, including, without limitation, all Environmental Laws in all jurisdictions in
which any Company owns or operates, or has owned or operated, a facility or site, arranges or has
arranged for disposal or treatment of hazardous substances, solid waste or other wastes, accepts or
has accepted for transport any hazardous substances, solid waste or other wastes or holds or has
held any interest in real property or otherwise, except where the failure to so comply would not
have a Material Adverse Effect. Except as disclosed on Schedule 6.08 hereto, no litigation or
proceeding arising under, relating to or in connection with any Environmental Law is pending or, to
the best knowledge of each Company, threatened, against any Company, any real property in which any
Company holds or has held an interest or any past or present operation of any Company that, if
determined adversely, would have a Material Adverse Effect. No release, threatened release or
disposal of hazardous waste, solid waste or other wastes is occurring, or has occurred (other than
those that are currently being cleaned up in accordance with Environmental Laws), on, under or to
any real property in which any Company holds any interest or performs any of its operations, in
violation of any Environmental Law and that would have a Material Adverse Effect. As used in this
Section, “litigation or proceeding” means any demand, claim, notice, suit, suit in equity, action,
administrative action, investigation or inquiry whether brought by any governmental authority,
private Person or otherwise.

Section 6.09 Employee Benefit Plans. No ERISA Event has occurred or is expected to
occur with respect to an ERISA Plan. Full payment has been made of all amounts which a Controlled
Group member is required, under applicable law or under the governing documents, to have been paid
as a contribution to or a benefit under each ERISA Plan. The liability of each Controlled Group
member with respect to each ERISA Plan has been fully funded based upon reasonable and proper
actuarial assumptions, has been fully insured, or has been fully reserved for on its financial
statements. No changes have occurred or are expected to occur that would cause a material increase
in the cost of providing benefits under the ERISA Plan. With respect to each ERISA Plan that is
intended to be qualified under Code Section 401(a): (a) the ERISA Plan and any associated trust
operationally comply with the applicable requirements of Code Section 401(a), (b) the ERISA Plan
and any associated trust have been amended to comply with all such requirements as currently in
effect, other than those requirements for which a retroactive amendment can be made within the
“remedial amendment period” available under Code Section 401(b) (as extended under Treasury
Regulations and other Treasury pronouncements upon which taxpayers may rely), (c) the ERISA Plan
and any associated trust have received a favorable determination letter from the Internal Revenue
Service stating that the ERISA Plan qualifies under Code Section 401(a), that the associated trust
qualifies under Code Section 501(a) and, if applicable, that any cash or deferred arrangement under
the ERISA Plan qualifies under Code Section 401(k), unless the ERISA Plan was first adopted at a
time for which the above-described “remedial amendment period” has not yet expired, (d) the ERISA
Plan currently satisfies the requirements of Code Section 410(b), without regard to any retroactive
amendment that may be made within the above-described “remedial amendment period”, and (e) no
contribution made to the ERISA Plan is subject to an excise tax under Code Section 4972. With
respect to any Pension Plan (except to the extent set forth in footnote 4 to Nordson’s Consolidated
financial statements for the fiscal year ended October 31, 2006), the “accumulated benefit
obligation” of Controlled Group members with respect to the Pension Plan (as determined in
accordance with Statement of Accounting Standards No. 87, “Employers’ Accounting for Pensions”, as
applicable to Nordson from time to time) does not exceed the fair market value of Pension Plan
assets.

Section 6.10 Consents or Approvals. No consent, approval or authorization of, or
filing, registration or qualification with, any governmental authority or any other Person is
required to be obtained or completed by Nordson in connection with the execution, delivery or
performance of any of the Loan Documents that has not already been obtained or completed.

Section 6.11 Solvency. Each Borrower has received consideration that is the
reasonable equivalent value of the obligations and liabilities that such Borrower has incurred to
the Banks. No Borrower is insolvent as defined in any applicable state or federal statute, nor will
any Borrower be rendered insolvent by the execution and delivery of the Loan Documents to Agent and
the Banks. No Borrower is engaged or about to engage in any business or transaction for which the
assets retained by it are or will constitute unreasonably small capital, taking into consideration
the obligations to Agent and the Banks incurred hereunder. No Borrower intends to, nor does it
believe that it will, incur debts beyond its ability to pay such debts as they mature.

Section 6.12 Financial Statements. The Consolidated financial statements of Nordson
for the fiscal year ended October 31, 2010 and the quarter ended on or about July 31, 2011 that are
available to the Agent and the Banks, are true and complete, have been prepared in accordance with
GAAP, and fairly present the financial condition of the Companies as of the dates of such financial
statements and the results of their operations for the periods then ending.

Section 6.13 Regulations. No Borrower is engaged principally or as one of its
important activities, in the business of extending credit for the purpose of purchasing or carrying
any “margin stock” (within the meaning of Regulation U of the Board of Governors of the Federal
Reserve System of the United States of America). Neither the granting of any Loan (or any
conversion thereof) nor the use of the proceeds of any Loan will violate, or be inconsistent with,
the provisions of Regulation U or X or any other Regulation of such Board of Governors.

Section 6.14 Investment Company; Holding Company. No Company is (a) an “investment
company” or a company “controlled” by an “investment company” within the meaning of the Investment
Company Act of 1940, as amended, or (b) subject to regulation under the Public Utility Holding
Company Act of 1935, the Federal Power Act, each as amended, or any foreign, federal, state or
local statute or regulation limiting its ability to incur Indebtedness.

Section 6.15 Accurate and Complete Statements. Neither the Loan Documents nor any
written statement made by any Company in connection with any of the Loan Documents contains any
untrue statement of a material fact or omits a material fact necessary to make the statements
contained therein or in the Loan Documents not misleading. After due inquiry by a Financial
Officer of Nordson, as of the Closing Date, there is no known fact that any Company has not
disclosed to Agent and the Banks that has or would have a Material Adverse Effect.

Section 6.16 Defaults. No Default or Event of Default exists hereunder, nor will any
begin to exist.

Section 6.17 Anti-Terrorism Law Compliance. No Company is subject to or in violation
of any law, regulation, or list of any government agency (including, without limitation, the U.S.
Office of Foreign Asset Control list, Executive Order No. 13224 or the USA Patriot Act) that
prohibits or limits the conduct of business with or the receiving of funds, goods or services to or
for the benefit of certain Persons specified therein or that prohibits or limits any Bank from
making any advance or extension of credit to any Borrower or from otherwise conducting business
with any Borrower.

     

ARTICLE VII.

EVENTS OF DEFAULT

Each of the following shall constitute an Event of Default hereunder:

Section 7.01 Payments. If (a) the principal of any Loan shall not be paid in full
punctually when due and payable, or (b) the interest on any Loan or any facility or other fee shall
not be paid in full punctually when due and payable or within five (5) Business Days thereafter.

Section 7.02 Special Covenants. If any Company or Obligor shall fail or omit to
perform and observe Sections 5.06, 5.07, 5.08, 5.09, 5.10 or 5.15 hereof.

Section 7.03 Other Covenants. If any Company or Obligor shall fail or omit to
perform and observe any agreement or other provision (other than those referred to in Sections 7.01
or 7.02 hereof) contained or referred to in this Agreement or any Related Writing that is on such
Company’s or Obligor’s part, as the case may be, to be complied with, and that Default shall not
have been fully corrected within thirty (30) days after the giving of written notice thereof to
Nordson by Agent or any Bank that the specified Default is to be remedied.

Section 7.04 Representations and Warranties. If any representation, warranty or
statement made in or pursuant to this Agreement or any Related Writing or any other material
information furnished by any Company or any Obligor to the Agent or the Banks shall be false or
erroneous.

Section 7.05 Cross Default. If any Company or Obligor shall default in the payment in
an amount in excess of Two Million Five Hundred Thousand Dollars ($2,500,000) of principal,
interest or fees due and owing upon any other obligation for borrowed money (other than any of the
Debt) in excess, for all such obligations for all such Companies and Obligors, of the greater of
(i) Fifty Million Dollars ($50,000,000) and (ii) an amount equal to three percent (3%) of
Consolidated Total Assets beyond any period of grace provided with respect thereto, or in the
performance or observance of any other agreement, term or condition contained in any agreement
under which such obligation is created beyond any period of grace provided with respect thereto, if
the effect of such default is to allow the acceleration of the maturity of such Indebtedness or to
permit the holder thereof to cause such Indebtedness to become due prior to its stated maturity.

Section 7.06 ERISA Default. The occurrence of one or more ERISA Events that (a) the
Required Banks determine could have a Material Adverse Effect, or (b) results in a Lien on any of
the assets of any Company in excess of the greater of (i) Fifty Million Dollars ($50,000,000) and
(ii) an amount equal to three percent (3%) of Consolidated Total Assets.

Section 7.07 Change Of Control. If any Change of Control shall occur.

Section 7.08 Money Judgment. A final judgment or order for the payment of money shall
be rendered against any Company or Obligor by a court of competent jurisdiction, that remains
unpaid or unstayed and undischarged for a period (during which execution shall not be effectively
stayed) of thirty (30) days after the date on which the right to appeal has expired, provided that
the aggregate of all such judgments for all such Companies and Obligors shall exceed the greater of
(i) Fifty Million Dollars ($50,000,000) and (ii) an amount equal to three percent (3%) of
Consolidated Total Assets.

Section 7.09 Validity of Loan Documents. (a) Any material provision, in the
reasonable opinion of Agent, of any Loan Document shall at any time for any reason cease to be
valid and binding and enforceable against a Nordson or any Company; (b) the validity, binding
effect or enforceability of any material provision of any Loan Document against any Borrower or any
Company shall be contested by such Company or any other Obligor; (c) any Borrower or any Guarantor
of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any
material provision of any Loan Document shall be terminated, invalidated or set aside, or be
declared ineffective or inoperative or in any way cease to give or provide to Agent and the Banks
the benefits purported to be created thereby.

Section 7.10 Insolvency. If Nordson or any Subsidiary (other than any Subsidiary that
individually, or in the aggregate when combined with all other Subsidiaries excluded from this
Section 7.10 by operation of this parenthetical, has assets less than or equal to the greater of
(i) Fifty Million Dollars ($50,000,000) and (ii) an amount equal to three percent (3%) of
Consolidated Total Assets) shall (a) except as permitted pursuant to Section 5.09 hereof,
discontinue business, (b) generally not pay its debts as such debts become due, (c) make a general
assignment for the benefit of creditors, (d) apply for or consent to the appointment of a receiver,
a custodian, a trustee, an interim trustee or liquidator of all or a substantial part of its
assets, (e) be adjudicated a debtor or have entered against it an order for relief under Title 11
of the United States Code, as the same may be amended from time to time, (f) file a voluntary
petition in bankruptcy, or have an involuntary proceeding filed against it and the same shall
continue undismissed for a period of thirty (30) days from commencement of such proceeding or case,
or file a petition or an answer seeking reorganization or an arrangement with creditors or seeking
to take advantage of any other law (whether federal or state (or the foreign equivalent)) relating
to relief of debtors, or admit (by answer, by default or otherwise) the material allegations of a
petition filed against it in any bankruptcy, reorganization, insolvency or other proceeding
(whether federal or state (or the foreign equivalent)) relating to relief of debtors, (g) suffer or
permit to continue unstayed and in effect for thirty (30) consecutive days any judgment, decree or
order entered by a court of competent jurisdiction, that approves a petition seeking its
reorganization or appoints a receiver, custodian, trustee, interim trustee or liquidator of all or
a substantial part of its assets, or (h) take, or omit to take, any action in order thereby to
effect any of the foregoing.

ARTICLE VIII.

REMEDIES UPON DEFAULT

Notwithstanding any contrary provision or implication herein or elsewhere:

Section 8.01 Optional Defaults. If any Event of Default referred to in Section 7.01,
7.02, 7.03, 7.04, 7.05, 7.06, 7.07, 7.08 or 7.09 hereof shall occur, Agent may, with the consent of
the Required Banks, and shall, at the request of the Required Banks, give written notice to
Borrowers, to:

(a) terminate the Commitment and the credits hereby established, if not previously terminated,
and, immediately upon such election, the obligations of the Banks, and each thereof, to make any
further Loan and the obligation of Agent to make any Swing Loan hereunder immediately shall be
terminated, and/or

(b) accelerate the maturity of all of the Debt (if the Debt is not already due and payable),
whereupon all of the Debt shall become and thereafter be immediately due and payable in full
without any presentment or demand and without any further or other notice of any kind, all of which
are hereby waived by Borrowers.

Section 8.02 Automatic Defaults. If any Event of Default referred to in Section 7.10
hereof shall occur:

(a) all of the Commitment and the credits hereby established shall automatically and
immediately terminate, if not previously terminated, and no Bank thereafter shall be under any
obligation to grant any further Loan, nor shall Agent be obligated to make any Swing Loan
hereunder, and

(b) the principal, interest and any other amounts then outstanding on all of the Notes, and
all of the other Debt, shall thereupon become and thereafter be immediately due and payable in full
(if the Debt is not already due and payable), all without any presentment, demand or notice of any
kind, which are hereby waived by Borrowers.

Section 8.03 Offsets. If there shall occur or exist any Event of Default referred to
in Section 7.10 hereof or if the Debt is accelerated pursuant to Section 8.01 or 8.02 hereof, each
Bank shall have the right at any time to set off against, and to appropriate and apply toward the
payment of, any and all Debt then owing by each Borrower to that Bank (including, without
limitation, any participation purchased or to be purchased pursuant to Section 2.01B or 8.04
hereof), whether or not the same shall then have matured, any and all deposit balances and all
other indebtedness then held or owing by that Bank to or for the credit or account of any Borrower
or any Guarantor of Payment, all without notice to or demand upon such Borrower or any other
Person, all such notices and demands being hereby expressly waived by each Borrower.

Section 8.04 Equalization Provision. Each Bank agrees with the other Banks that if
it, at any time, shall obtain any Advantage over the other Banks or any thereof in respect of the
Debt (except as to Swing Loans and except under Article III hereof), it shall purchase from the
other Banks, for cash and at par, such additional participation in the Debt as shall be necessary
to nullify the Advantage. If any such Advantage resulting in the purchase of an additional
participation as aforesaid shall be recovered in whole or in part from the Bank receiving the
Advantage, each such purchase shall be rescinded, and the purchase price restored (but without
interest unless the Bank receiving the Advantage is required to pay interest on the Advantage to
the Person recovering the Advantage from such Bank) ratably to the extent of the recovery. Each
Bank further agrees with the other Banks that if it at any time shall receive any payment for or on
behalf of any Borrower on any indebtedness owing by such Borrower to that Bank by reason of offset
of any deposit or other indebtedness, it will apply such payment first to any and all Debt owing by
such Borrower to that Bank (including, without limitation, any participation purchased or to be
purchased pursuant to this Section or any other Section of this Agreement). Each Borrower agrees
that any Bank so purchasing a participation from the other Banks or any thereof pursuant to this
Section may exercise all its rights of payment (including the right of set-off) with respect to
such participation as fully as if such Bank was a direct creditor of such Borrower in the amount of
such participation.

ARTICLE IX.

THE AGENT

The Banks authorize KeyBank National Association and KeyBank National Association hereby
agrees to act as agent for the Banks in respect of this Agreement upon the terms and conditions set
forth elsewhere in this Agreement, and upon the following terms and conditions:

Section 9.01 Appointment and Authorization. Each Bank hereby irrevocably appoints and
authorizes Agent to take such action as agent on its behalf and to exercise such powers hereunder
as are delegated to Agent by the terms hereof, together with such powers as are reasonably
incidental thereto. Neither Agent nor any of its Affiliates, directors, officers, attorneys or
employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in
connection herewith, except for its or their own gross negligence or willful misconduct.

Section 9.02 Note Holders. Agent may treat the payee of any Note as the holder
thereof until written notice of transfer shall have been filed with it, signed by such payee and in
form satisfactory to Agent.

Section 9.03 Consultation With Counsel. Agent may consult with legal counsel selected
by it and shall not be liable for any action taken or suffered in good faith by it in accordance
with the opinion of such counsel.

Section 9.04 Documents. Agent shall not be under any duty to examine into or pass
upon the validity, effectiveness, genuineness or value of any Loan Documents or any other Related
Writing furnished pursuant hereto or in connection herewith or the value of any collateral obtained
hereunder, and Agent shall be entitled to assume that the same are valid, effective and genuine and
what they purport to be.

Section 9.05 Agent and Affiliates. With respect to the Loans, Agent, each
Co-Documentation Agent and the Syndication Agent shall have the same rights and powers hereunder as
any other Bank and may exercise the same as though it were not Agent, Co-Documentation Agent or
Syndication Agent, as the case may be, and Agent, each Co-Documentation Agent and the Syndication
Agent and their respective Affiliates may accept deposits from, lend money to and generally engage
in any kind of business with any Company or any Affiliate thereof.

Section 9.06 Knowledge of Default. It is expressly understood and agreed that Agent
shall be entitled to assume that no Default or Event of Default has occurred (other than an Event
of Default under Section 7.01 hereof), unless Agent has been notified by a Bank in writing that
such Bank believes that a Default or Event of Default has occurred and is continuing and specifying
the nature thereof or has been notified by Borrowers pursuant to Section 5.13 hereof.

Section 9.07 Action By Agent. Subject to the other terms and conditions hereof, so
long as Agent shall be entitled, pursuant to Section 9.06 hereof, to assume that no Default or
Event of Default shall have occurred and be continuing, Agent shall be entitled to use its
discretion with respect to exercising or refraining from exercising any rights that may be vested
in it by, or with respect to taking or refraining from taking any action or actions that it may be
able to take under or in respect of, this Agreement. Agent shall incur no liability under or in
respect of this Agreement by acting upon any notice, certificate, warranty or other paper or
instrument believed by it to be genuine or authentic or to be signed by the proper party or
parties, or with respect to anything that it may do or refrain from doing in the reasonable
exercise of its judgment, or that may seem to it to be necessary or desirable in the premises.

Section 9.08 Notices, Default, Etc. In the event that Agent shall have acquired
actual knowledge of any Default or Event of Default, Agent shall promptly notify the Banks and
shall take such action and assert such rights under this Agreement as the Required Banks shall
direct and Agent shall promptly inform the other Banks in writing of the action taken. Subject to
the other terms and conditions hereof, Agent may take such action and assert such rights as it
deems to be advisable, in its discretion, for the protection of the interests of the holders of the
Notes.

Section 9.09 Indemnification of Agent. The Banks agree to indemnify Agent (to the
extent not reimbursed by Borrowers) ratably, according to their respective Commitment Percentages,
from and against any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be
imposed on, incurred by or asserted against Agent in its agency capacity in any way relating to or
arising out of this Agreement or any Loan Document or any action taken or omitted by it with
respect to this Agreement or any Loan Document, provided that no Bank shall be liable for any
portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses (including attorneys’ fees) or disbursements resulting from Agent’s gross
negligence, willful misconduct or from any action taken or omitted by it in any capacity other than
as agent under this Agreement.

Section 9.10 Successor Agent. Agent may resign as agent hereunder by giving not fewer
than thirty (30) days prior written notice to Nordson and the Banks. If Agent shall resign under
this Agreement, then either (a) the Required Banks shall appoint from among the Banks a successor
agent for the Banks (with the consent of Nordson so long as a Default or an Event of Default has
not occurred and which consent shall not be unreasonably withheld), or (b) if a successor agent
shall not be so appointed and approved within the thirty (30) day period following Agent’s notice
to the Banks of its resignation, then Agent shall appoint a successor agent that shall serve as
agent until such time as the Required Banks appoint a successor agent. Upon its appointment, such
successor agent shall succeed to the rights, powers and duties as agent, and the term “Agent” shall
mean such successor effective upon its appointment, and the former agent’s rights, powers and
duties as agent shall be terminated without any other or further act or deed on the part of such
former agent or any of the parties to this Agreement.

Section 9.11 No Reliance on Agent’s Customer Identification Program. Each Bank
acknowledges and agrees that neither such Bank, nor any of its Affiliates, participants or
assignees, may rely on Agent to carry out such Bank’s, Affiliate’s, participant’s or assignee’s
customer identification program, or other obligations required or imposed under or pursuant to the
USA Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR
103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other
Anti-Terrorism Law, including any programs involving any of the following items relating to or in
connection with Borrowers, any other Company, their respective Affiliates or agents, the Loan
Documents or the transactions hereunder: (a) any identity verification procedures, (b) any record
keeping, (c) any comparisons with government lists, (d) any customer notices or (e) any other
procedures required under the CIP Regulations or such other law.

Section 9.12 USA Patriot Act. Each Bank or assignee or participant of a Bank that is
not organized under the laws of the United States of America or a state thereof (and is not
excepted from the certification requirement contained in Section 313 of the USA Patriot Act and the
applicable regulations because it is both (a) an Affiliate of a depository institution or foreign
bank that maintains a physical presence in the United States or foreign country, and (b) subject to
supervision by a banking authority regulating such Affiliated depository institution or foreign
bank) shall deliver to Agent the certification, or, if applicable, recertification, certifying that
such Bank is not a “shell” and certifying to other matters as required by Section 313 of the
USA Patriot Act and the applicable regulations: (i) within 10 days after the Closing Date and
(ii) at such other times as are required under the USA Patriot Act.

Section 9.13 Other Agents. No Bank (other than Agent) that is indicated as having an
agency capacity (such as “Syndication Agent”, “Co-Documentation Agent” or other similar titles)
shall have any duties or responsibilities hereunder in its capacity as such.

ARTICLE X.

MISCELLANEOUS

Section 10.01 Banks’ Independent Investigation. Each Bank, by its signature to this
Agreement, acknowledges and agrees that Agent has made no representation or warranty, express or
implied, with respect to the creditworthiness, financial condition, or any other condition of any
Company or with respect to the statements contained in any information memorandum furnished in
connection herewith or in any other oral or written communication between Agent and such Bank. Each
Bank represents that it has made and shall continue to make its own independent investigation of
the creditworthiness, financial condition and affairs of the Companies in connection with the
extension of credit hereunder, and agrees that Agent has no duty or responsibility, either
initially or on a continuing basis, to provide any Bank with any credit or other information with
respect thereto (other than such notices as may be expressly required to be given by Agent to the
Banks hereunder), whether coming into its possession before the granting of the first Loans
hereunder or at any time or times thereafter.

Section 10.02 No Waiver; Cumulative Remedies. No omission or course of dealing on the
part of Agent, any Bank or the holder of any Note in exercising any right, power or remedy
hereunder or under any of the Loan Documents shall operate as a waiver thereof; nor shall any
single or partial exercise of any such right, power or remedy preclude any other or further
exercise thereof or the exercise of any other right, power or remedy hereunder or under any of the
Loan Documents. The remedies herein provided are cumulative and in addition to any other rights,
powers or privileges held by operation of law, by contract or otherwise.

Section 10.03 Amendments; Consents. No amendment, modification, termination, or
waiver of any provision of any Loan Document nor consent to any variance therefrom, shall be
effective unless the same shall be in writing and signed by the Required Banks and then such waiver
or consent shall be effective only in the specific instance and for the specific purpose for which
given. Anything herein to the contrary notwithstanding, unanimous consent of the Banks shall be
required with respect to (a) any increase in the Total Commitment Amount hereunder except in
accordance with Section 2.07(b) hereof, (b) the extension of the Commitment Period, the maturity of
any Loan, the payment date of interest or principal with respect thereto, or the payment date of
facility or other fees or amounts payable hereunder, (c) any reduction in the rate of interest on
the Loans, or in any amount of principal or interest due on any Loan, or any reduction in the
amount of fees hereunder or any change in the manner of pro rata application of any payments made
by Borrowers to the Banks hereunder, (d) any change in any percentage voting requirement, voting
rights, or the Required Banks definition in this Agreement, (e) the release of any Guarantor of
Payment, if any, or the Nordson Guaranty, except in connection with a transaction permitted
pursuant to Section 5.09 hereof, or (f) any amendment to this Section 10.3 or Section 8.04 hereof.
In addition, the Revolving Commitment of any Bank may not be increased without the prior written
consent of such Bank. Notice of amendments or consents ratified by the Banks hereunder shall
immediately be forwarded by Agent to all Banks. Each Bank or other holder of a Note shall be bound
by any amendment, waiver or consent obtained as authorized by this Section, regardless of its
failure to agree thereto.

Section 10.04 Notices. All notices, requests, demands and other communications
provided for hereunder shall be in writing and, if to Borrowers, mailed or delivered to it,
addressed to it at the address specified on the signature pages of this Agreement, if to a Bank,
mailed or delivered to it, addressed to the address of such Bank specified on the signature pages
of this Agreement, or, as to each party, at such other address as shall be designated by such party
in a written notice to each of the other parties. All notices, statements, requests, demands and
other communications provided for hereunder shall be given by overnight delivery or first class
mail with postage prepaid by registered or certified mail, addressed as aforesaid, or sent by
facsimile with telephonic confirmation of receipt, except that all notices hereunder shall not be
effective until received.

Section 10.05 Costs, Expenses and Taxes. Nordson agrees to pay on demand all costs
and expenses of Agent, including, but not limited to, (a) syndication, administration, travel and
out-of-pocket expenses, including but not limited to attorneys’ fees and expenses, of Agent in
connection with the preparation, negotiation and closing of the Loan Documents and the
administration of the Loan Documents, the collection and disbursement of all funds hereunder and
the other instruments and documents to be delivered hereunder, (b) extraordinary expenses of Agent
in connection with the administration of the Loan Documents and the other instruments and documents
to be delivered hereunder, and (c) the reasonable fees and out-of-pocket expenses of special
counsel for Agent, with respect to the foregoing, and of local counsel, if any, who may be retained
by said special counsel with respect thereto. Each Borrower also agrees to pay on demand all costs
and expenses of Agent and the Banks, including reasonable attorneys’ fees, in connection with the
restructuring or enforcement of the Debt owing by such Borrower, this Agreement or any Related
Writing. In addition, Each Borrower shall pay any and all stamp and other taxes and fees payable
or determined to be payable in connection with the execution and delivery of the Loan Documents to
which such Borrower is a party, and the other instruments and documents to be delivered hereunder,
and agrees to hold Agent and each Bank harmless from and against any and all liabilities with
respect to or resulting from any delay in paying or omission to pay such taxes or fees. All
obligations provided for in this Section 10.05 shall survive any termination of this Agreement.

Section 10.06 Indemnification. Each Borrower agrees to defend, indemnify and hold
harmless Agent and the Banks (and their respective Affiliates, officers, directors, attorneys,
agents and employees) from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses (including attorneys’ fees) or disbursements
of any kind or nature whatsoever that may be imposed on, incurred by or asserted against Agent or
any Bank in connection with any investigative, administrative or judicial proceeding (whether or
not such Bank or Agent shall be designated a party thereto) or any other claim by any Person
relating to or arising out of any Loan Document or any actual or proposed use of proceeds of the
Loans or any of the Debt, or any activities of any Company or any Obligor or any of their
respective Affiliates; provided that (i) no Bank nor Agent shall have the right to be indemnified
under this Section for its own gross negligence or willful misconduct as determined by a court of
competent jurisdiction by final and nonappealable judgment and (ii) each Foreign Borrower shall
only be liable for the costs, expenses or liabilities attributable to it. All obligations provided
for in this Section 10.06 shall survive any termination of this Agreement.

Section 10.07 Obligations Several; No Fiduciary Obligations. The obligations of the
Banks hereunder are several and not joint. Nothing contained in this Agreement and no action taken
by Agent or the Banks pursuant hereto shall be deemed to constitute the Banks a partnership,
association, joint venture or other entity. No default by any Bank hereunder shall excuse the other
Banks from any obligation under this Agreement; but no Bank shall have or acquire any additional
obligation of any kind by reason of such default. The relationship among Borrowers and the Banks
with respect to the Loan Documents and the Related Writings is and shall be solely that of debtor
and creditors, respectively, and neither Agent nor any Bank shall have any fiduciary obligation
toward any Borrower with respect to any such documents or the transactions contemplated thereby.

Section 10.08 Execution In Counterparts. This Agreement may be executed in any number
of counterparts and by different parties hereto in separate counterparts and by facsimile
signature, each of which when so executed and delivered shall be deemed to be an original and all
of which taken together shall constitute but one and the same agreement.

Section 10.09 Binding Effect; Borrowers’ Assignment. This Agreement shall become
effective when it shall have been executed by each Borrower, Agent and by each Bank and thereafter
shall be binding upon and inure to the benefit of each Borrower, Agent and each of the Banks and
their respective successors and assigns, except that no Borrower shall have the right to assign its
rights hereunder or any interest herein without the prior written consent of Agent and all of the
Banks.

Section 10.10 Assignments.

(a) Each Bank shall have the right, in accordance with the terms and conditions of this
Section 10.10, at any time or times to assign to one or more commercial banks, finance companies,
insurance companies or other financial institution or fund which, in each case, in the ordinary
course of business extends credit of the type contemplated herein and whose becoming an assignee
would not constitute a prohibited transaction under Section 4975 of ERISA, without recourse, all or
a percentage of all of such Bank’s Commitment, all Loans made by such Bank, such Bank’s Notes, and
such Bank’s interest in any participation purchased pursuant to Section 2.01B or Section 8.04
hereof.

(b) No assignment may be consummated pursuant to this Section 10.10 without the prior written
consent of Nordson and Agent (other than an assignment by any Bank to any Affiliate of such Bank
which Affiliate is either wholly-owned by such Bank or is wholly-owned by a Person that wholly
owns, either directly or indirectly, such Bank), which consent of Nordson and Agent shall not be
unreasonably withheld; provided, however, that, Nordson’s consent shall not be required if, at the
time of the proposed assignment, any Default or Event of Default shall then exist. Anything herein
to the contrary notwithstanding, any Bank may at any time make a collateral assignment of all or
any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such
assignment shall release such assigning Bank from its obligations hereunder.

(c) Each assignment made pursuant to this Section 10.10 shall be in a minimum amount of the
lesser of Five Million Dollars ($5,000,000) of the assignor’s Revolving Commitment and interest
herein or the entire amount of the assignor’s Revolving Commitment and interest herein.

(d) Unless an assignment made pursuant to this Section 10.10 shall be to an Affiliate of the
assignor or the assignment shall be due to merger of the assignor or for regulatory purposes,
either the assignor or the assignee shall remit to Agent, for its own account, an administrative
fee of Three Thousand Five Hundred Dollars ($3,500).

(e) Unless an assignment made pursuant to this Section 10.10 shall be due to merger of the
assignor or a collateral assignment for regulatory purposes, the assignor shall (i) cause the
assignee to execute and deliver to Nordson and Agent an Assignment Agreement and (ii) execute and
deliver, or cause the assignee to execute and deliver, as the case may be, to Agent such additional
amendments, assurances and other writings as Agent may reasonably require.

(f) If an assignment made pursuant to this 10.10 is to be made to an assignee that is
organized under the laws of any jurisdiction other than the United States or any state thereof, the
assignor Bank shall cause such assignee, at least five Business Days prior to the effective date of
such assignment, (i) to represent to the assignor Bank (for the benefit of the assignor Bank, Agent
and Borrowers) that under applicable law and treaties no taxes will be required to be withheld by
Agent, Borrowers or the assignor with respect to any payments to be made to such assignee in
respect of the Loans hereunder, (ii) to furnish to the assignor (and, in the case of any assignee
registered in the Register (as defined below), Agent and Borrowers) either (A) U.S. Internal
Revenue Service Form W-8ECI or U.S. Internal Revenue Service Form W-8BEN or (B) United States
Internal Revenue Service Forms W-8 or W-9, as applicable (wherein such assignee claims entitlement
to complete exemption from U.S. federal withholding tax on all interest payments hereunder), and
(iii) to agree (for the benefit of the assignor, Agent and Borrowers) to provide the assignor Bank
(and, in the case of any assignee registered in the Register, Agent and Borrowers) a new Form
W-8ECI or Form W-8BEN or Forms W-8 or W-9, as applicable, upon the expiration or obsolescence of
any previously delivered form and comparable statements in accordance with applicable U.S. laws and
regulations and amendments duly executed and completed by such assignee, and to comply from time to
time with all applicable U.S. laws and regulations with regard to such withholding tax exemption.

(g) Upon satisfaction of all applicable requirements specified in subparts (a) though (f)
above, Borrowers shall execute and deliver (i) to Agent, the assignor and the assignee, any consent
or release (of all or a portion of the obligations of the assignor) required to be delivered by
Borrowers in connection with the Assignment Agreement, and (ii) to the assignee or the assignor (if
applicable), an appropriate Note or Notes. After delivery of the new Note or Notes, the assignor’s
Note or Notes being replaced shall be returned to Borrowers marked “replaced”.

(h) Upon satisfaction of all applicable requirements specified in subparts (a) though (f)
above, and any other condition contained in this Section 10.10, (i) the assignee shall become and
thereafter be deemed to be a “Bank” for the purposes of this Agreement, (ii) the Assignor shall be
released from its obligations hereunder to the extent its interest has been assigned, (iii) in the
event that the assignor’s entire interest has been assigned, the assignor shall cease to be and
thereafter shall no longer be deemed to be a “Bank” and (iv) the signature pages hereto and
Schedule 1 hereto shall be automatically amended, without further action, to reflect the result of
any such assignment.

(i) Agent shall maintain at the address for notices referred to in Section 10.04 hereof a copy
of each Assignment Agreement delivered to it and a register (the “Register”) for the recordation of
the names and addresses of the Banks and the Revolving Commitment of, and principal amount (and
stated interest) of the Loans owing to, each Bank from time to time. The entries in the Register
shall be conclusive, in the absence of manifest error, and Borrowers, Agent and the Banks may treat
each financial institution whose name is recorded in the Register as the owner of the Loan recorded
therein for all purposes of this Agreement. The Register shall be available for inspection by any
Borrower or any Bank at any reasonable time and from time to time upon reasonable prior notice.

Section 10.11 Participations.

(a) Each Bank shall have the right at any time or times, without the consent of Agent or
Borrowers, to sell one or more participations or sub-participations to a financial institution or
other “accredited investor” (as defined in SEC Regulation D), as the case may be, in all or any
part of such Bank’s Commitment, such Bank’s Commitment Percentage, any Loan made by such Bank, any
Note delivered to such Bank pursuant to this Agreement, and such Bank’s interest in any
participation, if any, purchased pursuant to Section 2.01B, Section 8.04 or this Section 10.11.

(b) The provisions of Article III and Section 10.06 shall inure to the benefit of each
purchaser of participation or sub-participation and Agent shall continue to distribute payments
pursuant to this Agreement as if no participation has been sold.

(c) Any agreement or instrument pursuant to which a Bank sells such a participation shall
provide that such Bank shall retain the sole right to enforce this Agreement and to approve any
amendment, modification or waiver of any provision of this Agreement; provided that such
agreement or instrument may provide that such Bank will not, without the consent of the
Participant, agree to any amendment, modification or waiver described in Section 10.03 that
affects such Participant. The Borrowers agrees that each Participant shall be entitled to the
benefits of Sections 3.01, 3.04 and 3.02 (subject to the requirements and limitations therein,
including the requirements under Section 3.02(f) (it being understood that the documentation
required under Section 3.02(f) shall be delivered to the participating Bank)) to the same extent as
if it were a Bank and had acquired its interest by assignment pursuant to paragraph (b) of this
Section; provided that such Participant (A) agrees to be subject to the provisions of
Section 3.08 as if it were an assignee under paragraph (b) of this Section; and (B) shall not be
entitled to receive any greater payment under Sections 3.01 or 3.02, with respect to any
participation, than its participating Bank would have been entitled to receive, except to the
extent such entitlement to receive a greater payment results from a Change in Law that occurs after
the Participant acquired the applicable participation. Each Bank that sells a participation
agrees, at the Borrowers’ request and expense, to use reasonable efforts to cooperate with the
Borrowers to effectuate the provisions of Section 3.08 with respect to any Participant. To the
extent permitted by law, each Participant also shall be entitled to the benefits of Section 8.04 as
though it were a Bank. Each Bank that sells a participation shall, acting solely for this purpose
as an agent of the Borrowers, maintain a register on which it enters the name and address of each
Participant and the principal amounts (and stated interest) of each Participant’s interest in the
Loans or other obligations under the Loan Documents (the “Participant Register”);
provided that no Bank shall have any obligation to disclose all or any portion of the
Participant Register (including the identity of any Participant or any information relating to a
Participant’s interest in any commitments, loans, letters of credit or its other obligations under
any Loan Document) to any Person except to the extent that such disclosure is necessary to
establish that such commitment, loan, letter of credit or other obligation is in registered form
under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the
Participant Register shall be conclusive absent manifest error, and such Bank shall treat each
Person whose name is recorded in the Participant Register as the owner of such participation for
all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of
doubt, the Agent (in its capacity as Agent) shall have no responsibility for maintaining a
Participant Register.

(d) No participation or sub-participation shall operate as a delegation of any duty of the
seller thereof.

(e) Under no circumstance shall any participation or sub-participation be deemed a novation in
respect of all or any part of the seller’s obligations pursuant to this Agreement.

Section 10.12 Severability Of Provisions; Captions; Attachments. Any provision of
this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof or affecting the validity or enforceability of such
provision in any other jurisdiction. The several captions to Sections and subsections herein are
inserted for convenience only and shall be ignored in interpreting the provisions of this
Agreement. Each schedule or exhibit attached to this Agreement shall be incorporated herein and
shall be deemed to be a part hereof.

Section 10.13 Investment Purpose. Each of the Banks represents and warrants to
Borrowers that it is entering into this Agreement with the present intention of acquiring any Note
issued pursuant hereto for investment purposes only and not for the purpose of distribution or
resale, it being understood, however, that each Bank shall at all times retain full control over
the disposition of its assets.

Section 10.14 Entire Agreement. This Agreement, any Note and any other Loan Document
or other agreement, document or instrument attached hereto or executed on or as of the Closing Date
integrate all the terms and conditions mentioned herein or incidental hereto and supersede all oral
representations and negotiations and prior writings with respect to the subject matter hereof.

Section 10.15 Governing Law; Submission to Jurisdiction. This Agreement, each of the
Notes and any Related Writing shall be governed by and construed in accordance with the laws of the
State of Ohio and the respective rights and obligations of Borrowers and the Banks shall be
governed by Ohio law, without regard to principles of conflict of laws. Each Borrower hereby
irrevocably submits to the non-exclusive jurisdiction of any Ohio state or federal court sitting in
Cleveland, Ohio, over any action or proceeding arising out of or relating to this Agreement, the
Debt or any Related Writing, and each Borrower hereby irrevocably agrees that all claims in respect
of such action or proceeding may be heard and determined in such Ohio state or federal court. Each
Borrower, on behalf of itself and its Subsidiaries, hereby irrevocably waives, to the fullest
extent permitted by law, any objection it may now or hereafter have to the laying of venue in any
action or proceeding in any such court as well as any right it may now or hereafter have to remove
such action or proceeding, once commenced, to another court on the grounds of FORUM NON CONVENIENS
or otherwise. Each Borrower agrees that a final, nonappealable judgment in any such action or
proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment
or in any other manner provided by law.

Section 10.16 Legal Representation of Parties. The Loan Documents were negotiated by
the parties with the benefit of legal representation and any rule of construction or interpretation
otherwise requiring this Agreement or any other Loan Document to be construed or interpreted
against any party shall not apply to any construction or interpretation hereof or thereof.

Section 10.17 Judgment Currency. If Agent, on behalf of the Banks, obtains a judgment
or judgments against any Borrower in an Alternate Currency, the obligations of such Borrower in
respect of any sum adjudged to be due to Agent or the Banks hereunder or under the Notes (the
“Judgment Amount”) shall be discharged only to the extent that, on the Business Day following
receipt by Agent of the Judgment Amount in the Alternate Currency, Agent, in accordance with normal
banking procedures, purchases Dollars with the Judgment Amount in such Alternate Currency. If the
amount of Dollars so purchased is less than the amount of Dollars that could have been purchased
with the Judgment Amount on the date or dates the Judgment Amount (excluding the portion of the
Judgment Amount which has accrued as a result of the failure of such Borrower to pay the sum
originally due hereunder or under the Notes when it was originally due hereunder or under the
Notes) was originally due and owing to Agent or the Banks hereunder or under the Notes (the
“Original Due Date”) (the “Loss”), Borrowers agree as a separate obligation and notwithstanding any
such judgment, to indemnify Agent or such Bank, as the case may be, against the Loss, and if the
amount of Dollars so purchased exceeds the amount of Dollars that could have been purchased with
the Judgment Amount on the Original Due Date, Agent or such Bank agrees to remit such excess to
Borrowers.

Section 10.18 Existing Credit Agreement. Each Bank that is a party to the Existing
Credit Agreement hereby waives the three (3) Business Day notice requirement for termination of the
commitments as set forth in Section 2.6 of the Existing Credit Agreement and each such Bank agrees
that upon the effectiveness of this Agreement and the payment in full of all Indebtedness and other
obligations owing under the Existing Credit Agreement, the Existing Credit Agreement shall be
deemed terminated.

[Remainder of page intentionally left blank]

Section 10.19 JURY TRIAL WAIVER. EACH BORROWER, AGENT AND EACH OF THE BANKS
WAIVE ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT,
TORT OR OTHERWISE, AMONG BORROWERS, AGENT AND THE BANKS, OR ANY THEREOF, ARISING OUT OF, IN
CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION
WITH THIS AGREEMENT OR ANY NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN
CONNECTION HEREWITH OR THE TRANSACTIONS RELATED THERETO.

	 	 	 	 	 
	Address:
	 	28601 Clemens Road

Westlake, Ohio 44145

Attention: Vice President,

Chief Financial Officer
	 	NORDSON CORPORATION

By:     

Name: Gregory A. Thaxton

Title: Vice President, Chief

Financial Officer

	Address:
	 	KeyTower

127 Public Square

Cleveland, Ohio 44114

Attention: KCIB Loan Services
	 	KEYBANK NATIONAL ASSOCIATION,

as Administrative Agent and as a Bank

By:     

Name: Brian P. Fox

Title: Vice President

[Other Signature Pages to Follow]

	 	 	 	 	 
	Address:
	 	JPMorgan Chase Bank

10 S. Dearborn, Fl. 09

Chicago, IL 60603

Attn: Dana J. Moran
	 	JPMORGAN CHASE BANK, NATIONAL ASSOCIATION,

as a Bank

By:     

Name: Dana J. Moran

Title: Vice President

1

	 	 	 	 	 
	Address:
	 	227 West Monroe Street,

Suite 1500

Chicago, IL 60606
	 	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as

a Bank

By:     

Name:

	 	 	 	 	Title:

2

	 	 	 
	Address:
	 	PNC BANK, NATIONAL ASSOCIATION, as a Bank

By:     

Name:

	 	 	Title:

3

	 	 	 
	Address:
	 	RBS CITIZENS, N.A., as a Bank

By:     

Name:

	 	 	Title:

4

	 	 	 	 	 
	Address:
	 	Wells Fargo

230 W. Monroe St., Suite 1800

Chicago, IL 60606
	 	WELLS FARGO BANK, NATIONAL

ASSOCIATION, as a Bank

By:     

Name: Nick Kepler

Title: Vice President

5

	 	 	 	 	 
	Address:
	 	Bank of America, N.A.

1600 JFK Blvd., Suite 1100

Philadelphia, PA 19103
	 	BANK OF AMERICA, N.A., as a Bank

By:     

Name: Kenneth G. Wood

Title: Senior Vice President

6

	 	 	 
	Address:
	 	THE NORTHERN TRUST COMPANY, as a Bank

By:     

Name:

	 	 	Title:

7

	 	 	 	 	 
	Address:
	 	Fifth Third Bank

600 Superior Ave. East

Cleveland, OH 44114
	 	FIFTH THIRD BANK, as a Bank

By:     

Name: Sandra Centa

Title: Vice President

8

	 	 	 	 	 
	Address:
	 	Huntington National Bank

41 South High Street

Columbus, OH 43215
	 	THE HUNTINGTON NATIONAL BANK, as a Bank

By:     

Name: Amanda Sigg

Title: Vice President

Schedule 1-A

Banks and Commitments

	 	 	 	 	 	 	 	 	 
	Bank	 	Commitment	 	Revolving Commitment Amount
	 	 	Percentage	 	 	 	 
	KeyBank National Association
	 		15.000000000	%	 	$	75,000,000	
	 
	 	 	 	 	 	 	 	 
	JPMorgan Chase National Association
	 		12.200000000	%	 	$	61,000,000	
	 
	 	 	 	 	 	 	 	 
	Bank of Tokyo – Mitsubishi UFJ, Ltd,
	 		12.200000000	%	 	$	61,000,000	
	 
	 	 	 	 	 	 	 	 
	PNC Bank, National Association
	 		12.200000000	%	 	$	61,000,000	
	 
	 	 	 	 	 	 	 	 
	RBS Citizens, N.A.
	 		12.200000000	%	 	$	61,000,000	
	 
	 	 	 	 	 	 	 	 
	Wells Fargo Bank, National
	 		10.200000000	%	 	$	51,000,000	
	Association
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Northern Trust
	 		8.000000000	%	 	$	40,000,000	
	 
	 	 	 	 	 	 	 	 
	Bank of America, N.A.
	 		8.000000000	%	 	$	40,000,000	
	 
	 	 	 	 	 	 	 	 
	Fifth Third Bank
	 		5.000000000	%	 	$	25,000,000	
	 
	 	 	 	 	 	 	 	 
	The Huntington Bank
	 		5.000000000	%	 	$	25,000,000	
	 
	 	 	 	 	 	 	 	 
	Total Commitment Amount:
	 	 	100.00	%	 	$	500,000,000.00	 
	 
	 	 	 	 	 	 	 	 

9

Schedule 1-B

MANDATORY COST FORMULAE

	1.	 	The Mandatory Cost (to the extent applicable) is an addition to the interest rate to
compensate Banks for the cost of compliance with the requirements of the Bank of England
and/or the Financial Services Authority (or, in either case, any other authority which
replaces all or any of its functions).

	2.	 	On the first day of each Interest Period (or as soon as possible thereafter) the Agent shall
calculate, as a percentage rate, a rate (the “Additional Cost Rate”) for each Bank, in
accordance with the paragraphs set out below. The Mandatory Cost will be calculated by the
Agent as a weighted average of the Banks’ Additional Cost Rates (weighted in proportion to the
percentage participation of each Bank in the relevant Loan) and will be expressed as a
percentage rate per annum. The Agent will, at the request of the Borrowers or any Bank,
deliver to the Borrowers or such Bank as the case may be, a statement setting forth the
calculation of any Mandatory Cost.

	3.	 	The Additional Cost Rate for any Bank lending from a Lending Office in the United Kingdom
will be the percentage notified by that Bank to the Agent. This percentage will be certified
by such Bank in its notice to the Agent to be its reasonable determination of the cost
(expressed as a percentage of such Bank’s participation in all Loans made from such Lending
Office) of complying with the minimum reserve requirements of the European Central Bank in
respect of Loans made from that Lending Office.

	4.	 	The Additional Cost Rate for any Bank lending from a Lending Office in the United Kingdom
will be calculated by the Agent as follows:

in relation to any Loan in Sterling:

	 	 	 
	AB+C(B-D)+E x 0.01

	 	per cent per annum
	 

	 	

	100 — (A+C)

	 	

Where:

“A” is the percentage of Eligible Liabilities (assuming these to be in excess of any stated
minimum) which that Bank is from time to time required to maintain as an interest free cash
ratio deposit with the Bank of England to comply with cash ratio requirements.

“B” is the percentage rate of interest (excluding the Applicable Margin, the Mandatory Cost
and any interest charged on overdue amounts pursuant to the second sentence of Section
2.8(b) and, in the case of interest (other than on overdue amounts) charged at the Default
Rate, without counting any increase in interest rate effected by the charging of the Default
Rate) payable for the relevant Interest Period of such Loan.

“C” is the percentage (if any) of Eligible Liabilities which that Bank is required from time
to time to maintain as interest bearing Special Deposits with the Bank of England.

“D” is the percentage rate per annum payable by the Bank of England to the Agent on interest
bearing Special Deposits.

“E” is designed to compensate Banks for amounts payable under the Fees Rules and is
calculated by the Agent as being the average of the most recent rates of charge supplied by
the Banks to the Agent pursuant to paragraph 7 below and expressed in pounds per £1,000,000.

	5.	 	For the purposes of this Schedule:

	 	 	 	“Eligible Liabilities” and “Special Deposits” have the meanings given to them from time to
time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by
the Bank of England;

	 	 	 	“Fees Rules” means the rules on periodic fees contained in the rules on periodic
fees contained in the Financial Services Authority Fees Manual or such other law or
regulation as may be in force from time to time in respect of the payment of fees for
the acceptance of deposits;

	 	 	 	“Fee Tariffs” means the fee tariffs specified in the Fees Rules under the activity
group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required
pursuant to the Fees Rules but taking into account any applicable discount rate); and

	 	 	 	“Tariff Base” has the meaning given to it in, and will be calculated in accordance with, the
Fees Rules.

	6.	 	In application of the above formulae, A, B, C and D will be included in the formulae as
percentages (i.e., 5% will be included in the formula as 5 and not as 0.05). A negative
result obtained by subtracting D from B shall be taken as zero. The resulting figures shall
be rounded to four decimal places.

	7.	 	If requested by the Agent or the Borrowers, each Bank with a Lending Office in the United
Kingdom shall, as soon as practicable after publication by the Financial Services Authority,
supply to the Agent and the Borrowers, the rate of charge payable by such Bank to the
Financial Services Authority pursuant to the Fees Rules in respect of the relevant financial
year of the Financial Services Authority (calculated for this purpose by such Bank as being
the average of the Fee Tariffs applicable to such Bank for that financial year) and expressed
in pounds per £1,000,000 of the Tariff Base of such Bank.

	8.	 	Each Bank shall supply any information required by the Agent for the purpose of calculating
its Additional Cost Rate. In particular, but without limitation, each Bank shall supply the
following information in writing on or prior to the date on which it becomes a Bank:

	 	 	 	the jurisdiction of the Lending Office out of which it is making available its
participation in the relevant Loan; and

	 	 	 	any other information that the Agent may reasonably require for such purpose.

Each Bank shall promptly notify the Agent in writing of any change to the information provided by
it pursuant to this paragraph.

	9.	 	The percentages of each Bank for the purpose of A and C above and the rates of charge of each
Bank for the purpose of E above shall be determined by the Agent based upon the information
supplied to it pursuant to paragraphs 7 and 8 above and on the assumption that, unless a Bank
notifies the Agent to the contrary, each Bank’s obligations in relation to cash ratio deposits
and Special Deposits are the same as those of a typical bank from its jurisdiction of
incorporation with a lending office in the same jurisdiction as its Lending Office.

	10.	 	The Agent shall have no liability to any Person if such determination results in an
Additional Cost Rate which over- or under-compensates any Bank and shall be entitled to assume
that the information provided by any Bank pursuant to paragraphs 3, 7 and 8 above is true and
correct in all respects.

	11.	 	The Agent shall distribute the additional amounts received as a result of the Mandatory Cost
to the Banks on the basis of the Additional Cost Rate for each Bank based on the information
provided by each Bank pursuant to paragraphs 3, 7 and 8 above.

	12.	 	Any determination by the Agent pursuant to this Schedule in relation to a formula, the
Mandatory Cost, an Additional Cost Rate or any amount payable to a Bank shall, in the absence
of manifest error, be conclusive and binding on all parties hereto.

	13.	 	The Agent may from time to time, after consultation with the Borrowers and the Banks,
determine and notify to all parties any amendments which are required to be made to this
Schedule in order to comply with any Change in Law, regulation or any requirements from time
to time imposed by the Bank of England, the Financial Services Authority or the European
Central Bank (or, in any case, any other authority which replaces all or any of its functions)
and any such determination shall, in the absence of manifest error, be conclusive and binding
on all parties hereto.

Schedule 6.4 and 6.8

Litigation and Environmental Compliance

Nordson has voluntarily agreed with the City of New Richmond, Wisconsin and other Potentially
Responsible Parties to share costs associated with the remediation of the City of New Richmond
municipal landfill (the “Site”) and constructing a potable water delivery system serving the
impacted area down gradient of the Site. At October 31, 2011 and 2010, Nordson’s accrual for the
ongoing operation, maintenance and monitoring obligation at the Site was $795,000 and $885,000,
respectively.

The liability for environmental remediation represents Nordson’s best estimate of the probable and
reasonably estimable undiscounted costs related to known remediation obligations. The accuracy of
this estimate of environmental liability is affected by several uncertainties such as additional
requirements that may be identified in connection with remedial activities, the complexity and
evolution of environmental laws and regulations, and the identification of presently unknown
remediation requirements. Consequently, our liability could be greater than such current estimate.
However, Nordson does not expect that the costs associated with remediation will have a material
adverse effect on its financial condition or results of operations, taken on a Consolidated basis.

EXHIBIT A

REVOLVING NOTE

	 	 	 
	$     
	 	Cleveland, Ohio

	 	 	December 9, 2011

FOR VALUE RECEIVED, the undersigned, [      ] (“Borrower”) promises to pay on the last
day of the Commitment Period, as defined in the Credit Agreement (as hereinafter defined), to the
order of        (“Bank”) at the Main Office of KEYBANK NATIONAL ASSOCIATION, as Agent, 127
Public Square, Cleveland, Ohio 44114-1306 the principal sum of

____________. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

.. . . . . . . . . . . . DOLLARS

or the aggregate unpaid principal amount of all Revolving Loans, as defined in the Credit
Agreement, made by Bank to such Borrower pursuant to Section 2.01A of the Credit Agreement,
whichever is less, in lawful money of the United States of America, provided, that Alternate
Currency Loans, as defined in the Credit Agreement, shall be payable in the applicable Alternate
Currency, as defined in the Credit Agreement. In addition, Borrower shall pay any additional
amount that is required to be paid pursuant to Section 10.17 of the Credit Agreement. As used
herein, “Credit Agreement” means the Amended and Restated Credit Agreement dated as of December 9,
2011, among Borrower, the banks named therein (including in their respective special agency
capacities) and KeyBank National Association, as Agent, as the same may from time to time be
amended, restated or otherwise modified. Capitalized terms used herein shall have the meanings
ascribed to them in the Credit Agreement.

Borrower also promises to pay interest on the unpaid principal amount of each Revolving Loan
from time to time outstanding, from the date of such Revolving Loan until the payment in full
thereof, at the rates per annum that shall be determined in accordance with the provisions of
Section 2.01A of the Credit Agreement. Such interest shall be payable on each date provided for in
such Section 2.01A; provided, however, that interest on any principal portion that is not paid when
due shall be payable on demand.

The portions of the principal sum hereof from time to time representing Base Rate Loans and
Fixed Rate Loans, and payments of principal of any thereof, shall be shown on the records of Bank
by such method as Bank may generally employ; provided, however, that failure to make any such entry
shall in no way detract from Borrower’s obligations under this Note.

If this Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of
time or by operation of any provision for acceleration of maturity contained in the Credit
Agreement, the principal hereof and the unpaid interest thereon shall bear interest, until paid, at
a rate per annum equal to the Default Rate. All payments of principal of and interest on this Note
shall be made in immediately available funds.

This Note is one of the Revolving Notes referred to in the Credit Agreement. Reference is made
to the Credit Agreement for a description of the right of the undersigned to anticipate payments
hereof, the right of the holder hereof to declare this Note due prior to its stated maturity, and
other terms and conditions upon which this Note is issued.

Except as expressly provided in the Credit Agreement, Borrower expressly waives presentment,
demand, protest and notice of any kind.

JURY TRIAL WAIVER. BORROWER, AGENT AND EACH OF THE BANKS WAIVE ANY RIGHT TO HAVE A JURY
PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG
BORROWER, AGENT AND THE BANKS, OR ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR
INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS NOTE OR ANY OTHER
INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS
RELATED THERETO.

	 
	[      ]

By:     

Name: Gregory A. Thaxton

Title: Vice President, Chief

Financial Officer

10

EXHIBIT B

SWING LINE NOTE

	 	 	 	 	 
	$	40,000,000	 	 	Cleveland, Ohio

	 	 	 	 	December 9, 2011

FOR VALUE RECEIVED, the undersigned, NORDSON CORPORATION, an Ohio corporation (“Borrower”),
promises to pay to the order of KEYBANK NATIONAL ASSOCIATION (“Bank”) at the Main Office of KEYBANK
NATIONAL ASSOCIATION, Agent, 127 Public Square, Cleveland, Ohio 44114-1306 the principal sum of

FORTY MILLION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . AND
00/100 DOLLARS

or, if less, the aggregate unpaid principal amount of all Swing Loans, as defined in the
Credit Agreement (as hereinafter defined) made by Bank to Borrower pursuant to Section 2.01B of the
Credit Agreement, in lawful money of the United States of America on the earlier of the last day of
the Commitment Period, as defined in the Credit Agreement, or, with respect to each Swing Loan, the
Swing Loan Maturity Date applicable thereto. As used herein, “Credit Agreement” means the Amended
and Restated Credit Agreement dated as of December 9, 2011, among Borrower, the banks named therein
(including in their respective special agency capacities) and KeyBank National Association, as
Agent, as the same may from time to time be amended, restated or otherwise modified. Capitalized
terms used herein shall have the meanings ascribed to them in the Credit Agreement.

Borrower also promises to pay interest on the unpaid principal amount of each Swing Loan from
time to time outstanding, from the date of such Swing Loan until the payment in full thereof, at
the rates per annum which shall be determined in accordance with the provisions of Section 2.01B of
the Credit Agreement. Such interest shall be payable on each date provided for in such Section
2.01B; provided, however, that interest on any principal portion which is not paid when due shall
be payable on demand.

The principal sum hereof from time to time and the payments of principal and interest thereon
of either hereof, shall be shown on the records of Bank by such method as Bank may generally
employ; provided, however, that failure to make any such entry shall in no way detract from
Borrower’s obligations under this Note.

If this Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of
time or by operation of any provision for acceleration of maturity contained in the Credit
Agreement, the principal hereof and the unpaid interest thereon shall bear interest, until paid, at
a rate per annum equal to the Default Rate. All payments of principal of and interest on this Note
shall be made in immediately available funds.

This Note is the Swing Line Note referred to in the Credit Agreement. Reference is made to
the Credit Agreement for a description of the right of the undersigned to anticipate payments
hereof, the right of the holder hereof to declare this Note due prior to its stated maturity, and
other terms and conditions upon which this Note is issued.

Except as expressly provided in the Credit Agreement, Borrower expressly waives presentment,
demand, protest and notice of any kind.

JURY TRIAL WAIVER. BORROWER, AGENT AND EACH OF THE BANKS WAIVE ANY RIGHT TO HAVE A JURY
PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG
BORROWER, AGENT AND THE BANKS, OR ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR
INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS NOTE OR ANY OTHER
NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE
TRANSACTIONS RELATED THERETO.

	 
	NORDSON CORPORATION

By:     

Name: Gregory A. Thaxton

Title: Vice President, Chief

Financial Officer

EXHIBIT C

NOTICE OF LOAN

[Date]      , 20      

KeyBank National Association, as Agent

127 Public Square

Cleveland, Ohio 44114-0616

Attention:

Ladies and Gentlemen:

The undersigned, [NAME OF BORROWER] (the “Borrower”), refers to the Amended and Restated
Credit Agreement, dated as of December 9, 2011 (“Credit Agreement”, the terms defined therein being
used herein as therein defined), among the undersigned, the other borrowers named therein, the
Banks (including in their respective special agency capacities), as defined in the Credit
Agreement, and KeyBank National Association, as Agent, and hereby gives you notice, pursuant to
Section 2.02 of the Credit Agreement that the undersigned hereby requests a Loan under the Credit
Agreement, and in connection therewith sets forth below the information relating to the Loan (the
“Proposed Loan”) as required by Section 2.02 of the Credit Agreement:

(a) The Business Day of the Proposed Loan is       , 20      .

(b) The amount of the Proposed Loan is $     .

(c) The Proposed Loan is to be a Base Rate Loan        /Eurodollar Loan       / Alternate Currency
Loan       /Swing Loan—(Check one.)

(d) If the Proposed Loan is an Alternate Currency Loan, the Alternate Currency requested is
     .

(e) If the Proposed Loan is a Fixed Rate Loan, the Interest Period requested is one month       ,
two months       , three months       , six months       . (Check one.)

The undersigned hereby certifies that the following statements are true on the date hereof,
and will be true on the date of the Proposed Loan:

(i) the representations and warranties contained in each Loan Document are correct,
before and after giving effect to the Proposed Loan and the application of the proceeds
therefrom, as though made on and as of such date;

(ii) no event has occurred and is continuing, or would result from such Proposed Loan,
or the application of proceeds therefrom, that constitutes a Default or Event of Default;
and

(iii) the conditions set forth in Section 2.02 and Article IV of the Credit Agreement
have been satisfied.

	 
	[      ]

By:     

Name:

	Title:

EXHIBIT D

COMPLIANCE CERTIFICATE

For Fiscal Quarter ended       

THE UNDERSIGNED HEREBY CERTIFIES THAT:

(1) I am the duly elected [Vice President-Finance][Chief Financial Officer][Treasurer] of
NORDSON CORPORATION, an Ohio corporation (“Nordson”);

(2) I am familiar with the terms of that certain Amended and Restated Credit Agreement, dated
as of December 9, 2011, among the undersigned, the Banks (including in their respective special
agency capacities), as defined in the Credit Agreement, and KeyBank National Association, as Agent
(as the same may from time to time be amended, restated or otherwise modified, the “Credit
Agreement”, the terms defined therein being used herein as therein defined), and the terms of the
other Loan Documents, and I have made, or have caused to be made under my supervision, a review in
reasonable detail of the transactions and condition of Nordson and its Subsidiaries during the
accounting period covered by the attached financial statements;

(3) The review described in paragraph (2) above did not disclose, and I have no knowledge of,
the existence of any condition or event that constitutes or constituted a Default or Event of
Default, at the end of the accounting period covered by the attached financial statements or as of
the date of this Certificate;

(4) The representations and warranties made by Nordson contained in each Loan Document are
true and correct as though made on and as of the date hereof; and

(5) Set forth on Attachment I hereto are calculations of the financial covenants set forth in
Section 5.06 of the Credit Agreement, which calculations show compliance with the terms thereof and
a calculation of Consolidated Total Assets.

IN WITNESS WHEREOF, I have signed this certificate the        day of       , 20      .

	 
	NORDSON CORPORATION

By:     

Name:

	Title:

EXHIBIT E

FORM OF

ASSIGNMENT AND ASSUMPTION AGREEMENT

This Assignment and Assumption Agreement (the “Assignment”) is dated as of the
Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the
“Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used
but not defined herein shall have the meanings given to such terms in the Credit Agreement
identified below (as the same may from time to time be amended, restated or otherwise modified, the
“Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee.
The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and
incorporated herein by reference and made a part of this Assignment as if set forth herein in full.

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the
Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to
and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the
Effective Date inserted by the Agent as contemplated below, the interest in and to all of the
Assignor’s rights and obligations under the Credit Agreement and any other documents or instruments
delivered pursuant thereto that represents the amount and percentage interest identified below of
all of the Assignor’s outstanding rights and obligations under the respective facilities identified
below, including, to the extent included in any such facilities, Swing Loans (the “Assigned
Interest”). Such sale and assignment is without recourse to the Assignor and, except as
expressly provided in this Assignment, without representation or warranty by the Assignor.

	 	 	 	 	 	 	 	 	 
	 	1.	 	 	Assignor:
	 	 	—	 
	 	2.	 	 	Assignee:
	 	 	—	 
	 	3.	 	 	Borrower
	 	NORDSON CORPORATION

	 	4.	 	Agent: KEYBANK NATIONAL ASSOCIATION, as Agent under the Credit Agreement

	 	5.	 	Credit Agreement: The $500,000,000 Amended and Restated Credit Agreement dated
as of December [      ], 2011 among NORDSON CORPORATION, the Banks parties thereto, KEYBANK
NATIONAL ASSOCIATION, as Agent, and the other agent a party thereto.

6. Assigned Interest:

	 	 	 	 	 	 	 
	Facility Assigned
	 	Aggregate

Amount of

Commitment/Loans

for all Banks

	 	

Amount of

Commitment/Loans

Assigned
	 	

Percentage

Assigned of

Commitment/Loans1
	 
	 	 

	 	 
	 	 
	      1
	 	$     

	 	$     
	 	     %
	 
	 	 

	 	 
	 	 
	     
	 	$     

	 	$     
	 	     %
	 
	 	 

	 	 
	 	 
	     
	 	$     

	 	$     
	 	     %
	 
	 	 

	 	 
	 	 

Effective Date:              , 20       [TO BE INSERTED BY AGENT AND WHICH SHALL BE THE
EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

The terms set forth in this Assignment are hereby agreed to:

ASSIGNOR

[NAME OF ASSIGNOR]

By:       

Name:      

Title:      

ASSIGNEE

[NAME OF ASSIGNEE]

By:       

Name:      

Title:      

[Consented to and]2 Accepted:

KEYBANK NATIONAL ASSOCIATION, as

Agent

By:       

Name:      

Title:      

[Consented to:]3

NORDSON CORPORATION

By:       

Name:      

Title:      

ANNEX 1

$500,000,000 Amended and Restated Credit Agreement

for Nordson Corporation

dated as of December 9, 2011

(the “Credit Agreement”)

STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT

AND ASSUMPTION AGREEMENT

1. Representations and Warranties.

1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and
beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any
lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken
all action necessary, to execute and deliver this Assignment and to consummate the transactions
contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements,
warranties or representations made in or in connection with any Loan Document, (ii) the execution,
legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement or
any other instrument or document delivered pursuant thereto, other than this Assignment (herein,
collectively, the “Credit Documents”), or any collateral thereunder, (iii) the financial
condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in
respect of any Credit Document or (iv) the performance or observance by the Borrower, any of its
Subsidiaries or Affiliates or any other Person of any of their respective obligations under any
Credit Document.

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power
and authority, and has taken all action necessary, to execute and deliver this Assignment and to
consummate the transactions contemplated hereby and to become a Bank under the Credit Agreement,
(ii) it meets all requirements of an eligible assignee under Section 10.10(a) of the Credit
Agreement, (iii) from and after the Effective Date, it shall be bound by the provisions of the
Credit Agreement and, to the extent of the Assigned Interest, shall have the obligations of a Bank
thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most
recent financial statements delivered pursuant to Section 5.02 thereof, as applicable, and such
other documents and information as it has deemed appropriate to make its own credit analysis and
decision to enter into this Assignment and to purchase the Assigned Interest on the basis of which
it has made such analysis and decision, and (v) if it is an assignee described in Section 10.10(f)
of the Credit Agreement, attached to the Assignment is any documentation required to be delivered
by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee;
and (b) agrees that (i) it will, independently and without reliance on Agent, the Assignor or any
other Bank, and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under the Credit
Documents, and (ii) it will perform in accordance with their terms all of the obligations that by
the terms of the Credit Documents are required to be performed by it as a Bank.

2. Payments. From and after the Effective Date, Agent shall make all payments in
respect of the Assigned Interest (including payments of principal, interest, fees and other
amounts) to the Assignor for amounts that have accrued to (but excluding) the Effective Date and to
the Assignee for amounts that have accrued from and after the Effective Date.

3. General Provisions. This Assignment shall be binding upon, and inure to the
benefit of, the parties hereto and their respective successors and assigns. This Assignment may be
executed in any number of counterparts, which together shall constitute one instrument. Delivery
of an executed counterpart of a signature page of this Assignment by telecopy shall be effective as
delivery of a manually executed counterpart of this Assignment. This Assignment shall be governed
by, and construed in accordance with, the law of the State of Ohio, without regard to principles of
conflicts of laws.

[End of Annex 1]

EXHIBIT F

GUARANTY OF PAYMENT OF DEBT

(NORDSON CORPORATION)

THIS GUARANTY OF PAYMENT OF DEBT (as the same may from time to time be amended, restated or
otherwise modified, this “Agreement”) is made as of [      ], by NORDSON CORPORATION, an
Ohio corporation (“Nordson”), in favor of KEYBANK NATIONAL ASSOCIATION, as agent for the Banks, as
hereinafter defined (“Agent”) and the Banks.

1. RECITALS.

Nordson and each Foreign Borrower (as defined in the Credit Agreement, as hereinafter defined;
each such Foreign Borrower, together with Nordson, and with their respective successors and
assigns, collectively, “Borrowers” and, individually, “Borrower”), are entering into the Credit
Agreement with the financial institutions listed on Schedule 1 to the Credit Agreement
(together with their respective successors and assigns, collectively, “Banks” and, individually,
“Bank”) and Agent. Nordson desires that the Banks grant the financial accommodations to the
Foreign Borrowers as described in the Credit Agreement.

Nordson, the direct or indirect parent corporation of the Foreign Borrowers, deems it to be in
the direct pecuniary and business interests of Nordson that the Foreign Borrowers obtain from the
Banks the Commitment, as defined in the Credit Agreement and the Loans, as hereinafter defined,
provided for in the Credit Agreement.

Nordson understands that the Banks are willing to enter into the Credit Agreement only upon
certain terms and conditions, one of which is that Nordson guarantee the payment of the Debt, as
hereinafter defined, and this Agreement is being executed and delivered in consideration of the
Banks entering into the Credit Agreement and for other valuable considerations.

2. DEFINITIONS. As used herein, the following terms shall have the following meanings:

2.1. “Collateral” shall mean, collectively, all property, if any, securing the Debt or any
part thereof at the time in question.

2.2. “Credit Agreement” shall mean the Amended and Restated Credit Agreement executed by and
among Nordson, Agent and the Banks, dated as of the 9th day of December, 2011, as the same may from
time to time be amended, restated or otherwise modified or replaced.

2.3. “Debt” shall mean, collectively, (a) all Loans made to any Foreign Borrower; (b) all
other indebtedness now owing or hereafter incurred by any Foreign Borrower to Agent and the Banks
pursuant to the Credit Agreement and the Notes executed in connection therewith; (c) each renewal,
extension, consolidation or refinancing of any of the foregoing, in whole or in part; and (d) all
interest from time to time accruing on any of the foregoing, and all fees and other amounts payable
to Agent or any of the Banks pursuant to the Credit Agreement or any other Loan Document.

2.4. “Loan” shall mean any Loan, as defined in the Credit Agreement, granted pursuant to the
Credit Agreement.

2.5. “Obligor” shall mean a Person whose credit or any of whose property is pledged to the
payment of the Debt and includes, without limitation, any Borrower.

2.6. “Person” shall mean any individual, sole proprietorship, partnership, joint venture,
unincorporated organization, corporation, limited liability company, institution, trust, estate,
government or other agency or political subdivision thereof or any other entity.

Except as specifically defined herein, capitalized terms used herein that are defined in the Credit
Agreement shall have their respective meanings ascribed to them in the Credit Agreement.

3. GUARANTY OF DEBT. Nordson hereby absolutely and unconditionally guarantees the prompt
payment in full of all of the Debt as and when the respective parts thereof become due and payable.
If the Debt, or any part thereof, shall not be paid in full when due and payable, Agent, on behalf
of the Banks, in each case, shall have the right to proceed directly against Nordson under this
Agreement to collect the payment in full of the Debt, regardless of whether or not Agent, on behalf
of the Banks, shall have theretofore proceeded or shall then be proceeding against any Borrower or
any other Obligor or Collateral, if any, or any of the foregoing, it being understood that Agent
and the Banks, in their sole discretion may proceed against any Obligor and any Collateral, and may
exercise each right, power or privilege that Agent or the Banks may then have, either
simultaneously or separately, and, in any event, at such time or times and as often and in such
order as Agent and the Required Banks, in their sole discretion, may from time to time deem
expedient to collect the payment in full of the Debt.

4. PAYMENTS CONDITIONAL. Whenever Agent or any Bank shall credit any payment to the Debt or
any part thereof, whatever the source or form of payment, the credit shall be conditional as to
Nordson unless and until the payment shall be final and valid as to all the world. Without
limiting the generality of the foregoing, Nordson agrees that if any check or other instrument so
applied shall be dishonored by the drawer or any party thereto, or if any proceeds of Collateral or
payment so applied shall thereafter be recovered by any trustee in bankruptcy or any other Person,
each Bank, in each case, may reverse any entry relating thereto on its books and Nordson shall
remain liable therefor, even if such Bank may no longer have in its possession any evidence of the
Debt to which the payment in question was applied.

5. NORDSON’S OBLIGATIONS ABSOLUTE AND UNCONDITIONAL. Regardless of the duration of time,
regardless of whether any Borrower may from time to time cease to be indebted to the Banks and
irrespective of any act, omission or course of dealing whatever on the part of Agent or any of the
Banks, Nordson’s liabilities and other obligations under this Agreement shall remain in full effect
until the payment in full of the Debt. Without limiting the generality of the foregoing:

5.1. Banks Have No Duty To Make Advances. No Bank shall at any time be under any duty
to Nordson to grant any financial accommodation to any Borrower, irrespective of any duty or
commitment of any of the Banks to such Borrower, or to follow or direct the application of the
proceeds of any such financial accommodation;

5.2. Nordson’s Waiver of Notice, Presentment, etc. Nordson waives (a) notice of the
granting of any Loan to any other Borrower or the incurring of any other indebtedness by any other
Borrower or the terms and conditions thereof, (b) presentment, demand for payment and notice of
dishonor of the Debt or any part thereof, or any other indebtedness incurred by any other Borrower
to any of the Banks, (c) notice of any indulgence granted to any Obligor and (d) any other notice
to which Nordson might, but for this waiver, be entitled;

5.3. Banks’ Rights Not Prejudiced by Action or Omission. Agent and the Banks, in their
sole discretion, may, without any prejudice to their rights under this Agreement, at any time or
times, without notice to or the consent of Nordson, (a) grant any Borrower whatever financial
accommodations that Agent and the Banks may from time to time deem advisable, even if such Borrower
might be in default in any respect and even if those financial accommodations might not constitute
indebtedness the payment of which is guaranteed hereunder, (b) assent to any renewal, extension,
consolidation or refinancing of the Debt, or any part thereof, (c) forbear from demanding security,
if Agent and the Banks shall have the right to do so, (d) release any Obligor or Collateral or
assent to any exchange of Collateral, if any, irrespective of the consideration, if any, received
therefor, (e) grant any waiver or consent or forbear from exercising any right, power or privilege
that Agent and the Banks may have or acquire, (f) assent to any amendment, deletion, addition,
supplement or other modification in, to or of any writing evidencing or securing any Debt or
pursuant to which any Debt is created, (g) grant any other indulgence to any Obligor, (h) accept
any Collateral for, or any other Obligor upon, the Debt or any part thereof, and (i) fail, neglect
or omit in any way to realize upon any Collateral or to protect the Debt or any part thereof or any
Collateral therefor;

5.4. Liabilities Survive Nordson’s Dissolution. Nordson’s liabilities and other
obligations under this Agreement shall survive any dissolution of Nordson; and

5.5. Liabilities Absolute and Unconditional. Nordson’s liabilities and other
obligations under this Agreement shall be absolute and unconditional irrespective of any lack of
validity or enforceability of the Credit Agreement, the Notes, any Loan Document or any other
agreement, instrument or document evidencing the Loans or related thereto, or any other defense
available to Nordson in respect of this Agreement (other than the irrevocable payment in full of
the Debt and the termination of the Credit Agreement).

6. DISABILITY OF OBLIGOR. Without limiting the generality of any of the other provisions
hereof, Nordson specifically agrees that upon the dissolution of any Obligor and/or the filing or
other commencement of any bankruptcy or insolvency proceedings by, for or against any Obligor,
including without limitation, any assignment for the benefit of creditors or other proceedings
intended to liquidate or rehabilitate any Obligor, Agent and the Required Banks, in their sole
discretion, may declare the unpaid principal balance of and accrued interest on the Debt to be
forthwith due and payable in full without notice. Upon the occurrence of any of the events
enumerated in the immediately preceding sentence, Nordson shall, upon demand of Agent, on behalf of
the Banks, whenever made, pay to Agent, for the benefit of the Banks, an amount equal to the then
unpaid principal balance of and accrued interest on the Debt.

7. WAIVER OF NORDSON’S RIGHTS AGAINST BORROWERS AND COLLATERAL. To the extent permitted by
law, Nordson waives any claim or other right that Nordson might now have or hereafter acquire
against any other Borrower or any other Obligor that arises from the existence or performance of
Nordson’s liabilities or other obligations under this Agreement, including, without limitation, any
right of subrogation, reimbursement, exoneration, contribution, indemnification, and any right to
participate in any claim or remedy of Agent or any Bank against any other Borrower or any
Collateral that Agent or any Bank now has or hereafter acquires, whether or not such claim, remedy
or right arises in equity, or under contract, statute or common law.

8. NOTICE. All notices, requests, demands and other communications provided for hereunder
shall be in writing and, if to Nordson, mailed or delivered to it, addressed to it at the address
specified on the signature page of the Credit Agreement, if to Agent or any Bank, mailed or
delivered to it, addressed to the address of Agent or such Bank specified on the signature pages of
the Credit Agreement. All notices, statements, requests, demands and other communications provided
for hereunder shall be deemed to be given by overnight delivery or first class mail with postage
prepaid by registered or certified mail, addressed as aforesaid, or sent by facsimile with
telephonic confirmation of receipt, except that notices pursuant to any of the provisions hereof
shall not be effective until received.

9. MISCELLANEOUS. This Agreement shall bind Nordson and Nordson’s successors and assigns and
shall inure to the benefit of Agent and each Bank and their respective successors and assigns,
including (without limitation) each holder of any Note evidencing any Debt. If, at any time, one
or more provisions of this Agreement is or becomes invalid, illegal or unenforceable in whole or in
part, the validity, legality and enforceability of the remaining provisions shall not in any way be
affected or impaired thereby. This Agreement constitutes a final written expression of all of the
terms of this Agreement, is a complete and exclusive statement of those terms and supersedes all
oral representations, negotiations and prior writings, if any, with respect to the subject matter
hereof. The relationship between (a) Nordson and (b) Agent and the Banks with respect to this
Agreement is and shall be solely that of debtor and creditors, respectively, and Agent and the
Banks shall have no fiduciary obligation toward Nordson with respect to this Agreement or the
transactions contemplated hereby. The captions herein are for convenience of reference only and
shall be ignored in interpreting the provisions of this Agreement.

10. GOVERNING LAW; SUBMISSION TO JURISDICTION. The provisions of this Agreement and the
respective rights and duties of Nordson, Agent and the Banks hereunder shall be governed by and
construed in accordance with Ohio law, without regard to principles of conflict of laws. Nordson
hereby irrevocably submits to the non-exclusive jurisdiction of any Ohio state or federal court
sitting in Cleveland, Ohio, over any action or proceeding arising out of or relating to this
Agreement, any Loan Document or any Related Writing, and Nordson hereby irrevocably agrees that all
claims in respect of such action or proceeding may be heard and determined in such Ohio state or
federal court. Nordson, on behalf of itself and its Subsidiaries, hereby irrevocably waives, to
the fullest extent permitted by law, any objection it may now or hereafter have to the laying of
venue in any action or proceeding in any such court as well as any right it may now or hereafter
have to remove such action or proceeding, once commenced, to another court on the grounds of FORUM
NON CONVENIENS or otherwise. Nordson agrees that a final, nonappealable judgment in any such
action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the
judgment or in any other manner provided by law.

11. JURY TRIAL WAIVER. NORDSON, AGENT AND THE BANKS, TO THE EXTENT PERMITTED BY LAW, EACH
WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT,
TORT, OR OTHERWISE, AMONG AGENT, ANY OF THE BANKS, ANY BORROWER AND/OR NORDSON ARISING OUT OF, IN
CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED BETWEEN EACH OF THEM AND
NORDSON IN CONNECTION WITH THIS AGREEMENT OR ANY NOTE OR OTHER AGREEMENT, INSTRUMENT OR DOCUMENT
EXECUTED OR DELIVERED IN CONNECTION THEREWITH OR THE TRANSACTIONS RELATED THERETO.

Executed as of the date set forth above at Cleveland, Ohio.

NORDSON CORPORATION

By:       

Name:       

Title:      

	 	 	 	 	 	 	 	 	 
	ARTICLE I.DEFINITIONS 1
	 	 	 	 
	Section 1.01
	 	Definitions	 	 	1	 
	Section 1.02
	 	Accounting and Legal Principles, Terms and Determinations	 	 	21	 
	Section 1.03
	 	Terms Generally	 	 	22	 
	ARTICLE II.AMOUNT AND TERMS OF CREDIT
	 	 	22	 
	Section 2.01
	 	Amount and Nature of Credit	 	 	22	 
	Section 2.02
	 	Conditions To Loans	 	 	24	 
	Section 2.03
	 	Addition or Release of Foreign Borrowers	 	 	26	 
	Section 2.04
	 	Payments, Etc	 	 	27	 
	Section 2.05
	 	Prepayment	 	 	28	 
	Section 2.06
	 	Facility and Other Fees	 	 	29	 
	Section 2.07
	 	Reduction and Increases of Commitment	 	 	30	 
	Section 2.08
	 	Computation of Interest and Fees; Default Rate	 	 	31	 
	Section 2.09
	 	Mandatory Payment	 	 	32	 
	Section 2.10
	 	Defaulting Bank	 	 	32	 
	ARTICLE III.INCREASED CAPITAL; TAXES, ETC
	 	 	34	 
	Section 3.01
	 	Increased Costs	 	 	34	 
	Section 3.02
	 	Tax Law, Etc	 	 	35	 

	 	 	 	Section 3.03 Eurodollar or Alternate Currency Deposits Unavailable or Interest Rate
Unascertainable 39	 

	 	 	 	 	 	 	 	 	 
	Section 3.04
	 	Indemnity	 	 	39	 
	Section 3.05
	 	Changes in Law Rendering Fixed Rate Loans Unlawful	 	 	39	 
	Section 3.06
	 	Funding	 	 	40	 
	Section 3.07
	 	Capital Adequacy	 	 	40	 
	Section 3.08
	 	Application of Provisions	 	 	40	 
	Section 3.09
	 	Replacement of Banks	 	 	40	 
	ARTICLE IV.CONDITIONS PRECEDENT
	 	 	41	 
	Section 4.01
	 	Loan Documents	 	 	41	 
	Section 4.02
	 	Officer’s Certificate, Resolutions, Organizational Documents	 	 	42	 
	Section 4.03
	 	Legal Opinion	 	 	42	 
	Section 4.04
	 	Good Standing Certificate	 	 	42	 
	Section 4.05
	 	Agent Fee Letter; Legal Fees	 	 	42	 
	Section 4.06
	 	Closing Certificate	 	 	42	 
	Section 4.07
	 	Existing Credit Agreement	 	 	42	 
	Section 4.08
	 	No Material Adverse Change	 	 	42	 
	Section 4.09
	 	Miscellaneous	 	 	42	 
	ARTICLE V.COVENANTS
	 	 	42	 
	Section 5.01
	 	Money Obligations	 	 	42	 
	Section 5.02
	 	Financial Statements	 	 	43	 
	Section 5.03
	 	Records	 	 	44	 
	Section 5.04
	 	Franchises	 	 	44	 
	Section 5.05
	 	ERISA Compliance	 	 	44	 
	Section 5.06
	 	Financial Covenants	 	 	44	 
	Section 5.07
	 	Indebtedness	 	 	45	 
	Section 5.08
	 	Liens	 	 	45	 
	Section 5.09
	 	Merger and Sale of Assets	 	 	46	 
	Section 5.10
	 	Acquisitions	 	 	47	 
	Section 5.11
	 	Affiliate Transactions	 	 	47	 
	Section 5.12
	 	Regulations U and X	 	 	47	 
	Section 5.13
	 	Notice	 	 	48	 
	Section 5.14
	 	Environmental Compliance	 	 	48	 
	Section 5.15
	 	Restricted Payments	 	 	48	 
	Section 5.16
	 	Use of Proceeds	 	 	48	 
	Section 5.17
	 	Restrictive Agreements	 	 	49	 

	 	 	 	Section 5.18 Guaranties of Payment; Guaranty Under Material Indebtedness Agreement
49	 

	 	 	 	 	 	 	 	 	 
	Section 5.19
	 	Pari Passu Ranking	 	 	49	 
	Section 5.20
	 	Terrorism Sanctions Regulations	 	 	49	 
	ARTICLE VI.REPRESENTATIONS AND WARRANTIES
	 	 	50	 
	Section 6.01
	 	Organization; Subsidiary Preferred Equity	 	 	50	 
	Section 6.02
	 	Power and Authority	 	 	50	 
	Section 6.03
	 	Compliance with Laws	 	 	51	 
	Section 6.04
	 	Litigation and Administrative Proceedings	 	 	51	 
	Section 6.05
	 	Title to Assets	 	 	51	 
	Section 6.06
	 	Liens and Security Interests	 	 	51	 
	Section 6.07
	 	Tax Returns	 	 	52	 
	Section 6.08
	 	Environmental Laws	 	 	52	 
	Section 6.09
	 	Employee Benefit Plans	 	 	52	 
	Section 6.10
	 	Consents or Approvals	 	 	53	 
	Section 6.11
	 	Solvency	 	 	53	 
	Section 6.12
	 	Financial Statements	 	 	53	 
	Section 6.13
	 	Regulations	 	 	53	 
	Section 6.14
	 	Investment Company; Holding Company	 	 	53	 
	Section 6.15
	 	Accurate and Complete Statements	 	 	53	 

	 	 	 	Section 6.16 Defaults. No Default or Event of Default exists hereunder, nor will any
begin to exist 54	 

	 	 	 	 	 	 	 	 	 
	Section 6.17
	 	Anti-Terrorism Law Compliance	 	 	54	 
	ARTICLE VII.EVENTS OF DEFAULT
	 	 	54	 
	Section 7.01
	 	Payments	 	 	54	 
	Section 7.02
	 	Special Covenants	 	 	54	 
	Section 7.03
	 	Other Covenants	 	 	54	 
	Section 7.04
	 	Representations and Warranties	 	 	54	 
	Section 7.05
	 	Cross Default	 	 	54	 
	Section 7.06
	 	ERISA Default	 	 	55	 
	Section 7.07
	 	Change Of Control	 	 	55	 
	Section 7.08
	 	Money Judgment	 	 	55	 
	Section 7.09
	 	Validity of Loan Documents	 	 	55	 
	Section 7.10
	 	Insolvency	 	 	55	 
	ARTICLE VIII.REMEDIES UPON DEFAULT
	 	 	56	 
	Section 8.01
	 	Optional Defaults	 	 	56	 
	Section 8.02
	 	Automatic Defaults	 	 	56	 
	Section 8.03
	 	Offsets	 	 	56	 
	Section 8.04
	 	Equalization Provision	 	 	57	 
	ARTICLE IX.THE AGENT
	 	 	57	 
	Section 9.01
	 	Appointment and Authorization	 	 	57	 
	Section 9.02
	 	Note Holders	 	 	57	 
	Section 9.03
	 	Consultation With Counsel	 	 	57	 
	Section 9.04
	 	Documents	 	 	58	 
	Section 9.05
	 	Agent and Affiliates	 	 	58	 
	Section 9.06
	 	Knowledge of Default	 	 	58	 
	Section 9.07
	 	Action By Agent	 	 	58	 
	Section 9.08
	 	Notices, Default, Etc	 	 	58	 
	Section 9.09
	 	Indemnification of Agent	 	 	58	 
	Section 9.10
	 	Successor Agent	 	 	59	 
	Section 9.11
	 	No Reliance on Agent’s Customer Identification Program	 	 	59	 
	Section 9.12
	 	USA Patriot Act	 	 	59	 
	Section 9.13
	 	Other Agents	 	 	59	 
	ARTICLE X.MISCELLANEOUS
	 	 	60	 
	Section 10.01
	 	Banks’ Independent Investigation	 	 	60	 
	Section 10.02
	 	No Waiver; Cumulative Remedies	 	 	60	 
	Section 10.03
	 	Amendments; Consents	 	 	60	 
	Section 10.04
	 	Notices	 	 	61	 
	Section 10.05
	 	Costs, Expenses and Taxes	 	 	61	 
	Section 10.06
	 	Indemnification	 	 	61	 
	Section 10.07
	 	Obligations Several; No Fiduciary Obligations	 	 	62	 
	Section 10.08
	 	Execution In Counterparts	 	 	62	 
	Section 10.09
	 	Binding Effect; Borrowers’ Assignment	 	 	62	 
	Section 10.10
	 	Assignments	 	 	62	 
	Section 10.11
	 	Participations	 	 	64	 
	Section 10.12
	 	Severability Of Provisions; Captions; Attachments	 	 	65	 
	Section 10.13
	 	Investment Purpose	 	 	65	 
	Section 10.14
	 	Entire Agreement	 	 	65	 
	Section 10.15
	 	Governing Law; Submission to Jurisdiction	 	 	65	 
	Section 10.16
	 	Legal Representation of Parties	 	 	66	 
	Section 10.17
	 	Judgment Currency	 	 	66	 
	Section 10.18
	 	Existing Credit Agreement	 	 	66	 
	Section 10.19
	 	JURY TRIAL WAIVER	 	 	67	 

=============================================================================================
=============================================

CUSIP NUMBER: 65566EAA6

CREDIT AGREEMENT

among

NORDSON CORPORATION,

and other entities named herein,

as Borrowers,

THE FINANCIAL INSTITUTIONS NAMED HEREIN

as Banks,

KEYBANK NATIONAL ASSOCIATION,

as Joint Lead Arranger, Joint Bookrunner and

Administrative Agent,

J.P. MORGAN SECURITIES LLC

as Joint Lead Arranger, Joint Bookrunner and

Co-Syndication Agent,

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.

as Joint Lead Arranger, Joint Bookrunner and Co-Syndication Agent,

PNC BANK, NATIONAL ASSOCIATION

as Joint Lead Arranger, Joint Bookrunner and

Co-Documentation Agent,

RBS CITIZENS, N.A.,

as Joint Lead Arranger, Joint Bookrunner and

Co-Documentation Agent

and

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Senior Managing Agent

dated as of

December 9, 2011

====================================================================================================
=====================================

1 Set forth, to at least 9 decimals, as a
percentage of the Commitment/Loans of all Banks thereunder.

2 To be added only if the consent of Agent
is required by the terms of the Credit Agreement.

3 To be added only if the consent of the
Borrower is required by the terms of the Credit Agreement.

11

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