Document:

Prepared by MERRILL CORPORATION www.edgaradvantage.com

QuickLinks
 -- Click here to rapidly navigate through this document
 

4-24-2000

Exhibit 10(p) 

  MINNTECH CORPORATION
  SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN         

    THIS INSTRUMENT amends and restates the Minntech Corporation Supplemental Executive Retirement Plan effective as of April 1, 2000. The Plan was
originally established effective as of April 1, 1995. 

    Sec. 1.  Purpose of Plan.  The purpose of this Plan is to
permit a select group of management employees and directors to defer a portion of their compensation to a later date and to provide these employees and directors with supplemental retirement benefits
as set forth herein. 

    Sec. 2.  Definitions.  When used in this Plan, the
following terms shall have the meanings assigned below: 

    2.1  Board.  "Board" is the Board of Directors of Minntech Corporation. 

    2.2  Covered Compensation.  "Covered Compensation" is the base salary earned by the Participant for the
Plan Year. For a Board member, "Covered Compensation" is directors' fees. 

    2.3  Deferred Compensation.  "Deferred Compensation" is the portion of a Participant's Covered
Compensation and Incentive Compensation which the Participant has elected to defer under Sec. 3.1 of this Plan. 

    2.4  Incentive Compensation.  "Incentive Compensation" is the Participant's annual cash bonus accrued by
the Employer on the last day of the Plan Year and payable thereafter to the Participant. 

    2.5  Minntech.  "Minntech" is Minntech Corporation, a Minnesota corporation. Minntech Corporation is the
administrator of the Plan. The chief financial officer of Minntech is authorized to perform general administrative functions under the Plan on behalf of Minntech. 

    2.6  Participant.  A "Participant" is any executive or management level employee of Minntech who meets
all of the following requirements: (i) the individual has become a "participant" in the Retirement Plan, (ii) the individual is an executive officer of Minntech, (iii) the
individual is a highly compensated employee as defined in Internal Revenue Code Section 414(q) (or in the case of an individual who became an employee of Minntech during the current Plan Year or the
previous Plan Year, he or she would be such a highly compensated employee if he or she had received compensation from Minntech during the preceding Plan Year equal to the individual's current annual
rate of compensation), and (iv) the individual is a member of a select group of management or highly compensated employees within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of the
Employee Retirement Income Security Act of 1974. "Participant" also means any Board member. Each such employee or Board member shall continue to be eligible to contribute to this Plan until such
individual ceases to be an employee or Board member who meets the requirements described above; provided, however, that the individual shall continue to be a Participant for purposes of the provisions
of this Plan other than Sec. 3 until his or her benefits are fully paid. The Board, from time to time, may provide by resolution for additional positions that will qualify for participation in this
Plan, provided, however, that any such employee must satisfy clauses (iii) and (iv) of the first sentence of this section. 

    2.7  Plan Year.  The "Plan Year" is the 12 month period ending on each March 31. 

    2.8  Retirement Plan.  The "Retirement Plan" is the Minntech Corporation Profit Sharing and Retirement
Plan, as it may be amended from time to time. 

    Sec. 3.  Deferred Compensation and Other Credits.  

    3.1  Deferral Election.  Each Participant may elect to have treated as Deferred Compensation amounts
which are earned or ascertained subsequent to the date of such election, subject to the following: 

	(a)
	The
maximum amounts that may be elected for any Plan Year are:

	(1)
	75%
of the Participant's Covered Compensation in the case of an employee, and 100% of the Participant's Covered Compensation in the case of a Board member.

	(2)
	90%
of the Participant's Incentive Compensation. 

	(b)
	An
election of Deferred Compensation pursuant to this section shall be in writing, and shall be made on or before the March 30 prior to the beginning of the Plan Year. The Election
shall apply to Covered Compensation and Incentive Compensation payable during the next Plan Year. Such election shall remain in effect for and shall be irrevocable during the Plan Year, except that a
Participant who is determined by the Company in its sole discretion to have incurred a financial hardship as defined in Sec. 6 may elect to completely discontinue future deferrals. A new election may
be made for each subsequent Plan Year. If no election is made by a Participant prior to the first day of any Plan Year, the election in effect for the prior Plan Year, if any, shall continue in
effect.

	(c)
	Notwithstanding
subsection (b), within 30 days of the date on which the Participant first becomes eligible to participate in the Plan, the Participant may make an election of
Deferred Compensation for Covered Compensation with respect to services to be performed subsequent to the election.

	(d)
	Notwithstanding
the foregoing, no amounts shall be deferred from any Covered or Incentive Compensation that is payable on a date that is after the individual's termination of
employment or directorship occurred.

	(e)
	On
the date that an amount of Deferred Compensation under this section would otherwise be paid to the Participant, the amount of such Deferred Compensation shall be credited to an
account on the books of Minntech. 

    3.2  Profit Sharing Make-up Credits.  A Participant may be eligible to receive additional credits to a
separate account established under this Plan to make up for the limit imposed on Discretionary Contributions under the Retirement Plan by Section 401(a)(17) of the Internal Revenue Code. Any such
credits shall be determined as follows: 

	(a)
	The
amount of a Participant's credit for any Plan Year shall be equal to (i) the amount of Discretionary Contributions that would have been allocated to the Participant for
the Plan Year under the Retirement Plan if the limit on compensation under Section 401(a)(17) of the Internal Revenue Code and the dollar limit on contributions under Section 415(c)(1)(A) of said Code
did not apply,
minus (ii) the amount of Discretionary Contributions actually allocated to the Participant for the Plan Year under the Retirement Plan.

	(b)
	In
order to receive a credit for a Plan Year under this Sec. 3.2, the Participant must be employed by Minntech on the last day of the Plan Year to which the Discretionary
Contribution relates.

	(c)
	For
purposes of deemed investments under Sec. 4, the credit for a Plan Year under this Sec. 3.2 shall be reflected in the Participant's separate account as of the date
that the Discretionary Contribution for that Plan Year is deposited in the Participant's account in the Retirement Plan. The first credit under this Sec. 3.2 was for the Plan Year commencing
April 1, 1998. 

2

	(d)
	The
Participant's elections under Sec. 4 and Sec. 5 shall also apply to the separate account reflecting the amounts credited under this Sec. 3.2. If no account
has been established for a Participant under Sec. 3.1 prior to the first date an amount is to be credited to the Participant under this Sec. 3.2, the Participant shall promptly file an
election designating deemed investments for purposes of Sec. 4 and the method of distributions for purposes of Sec. 5.

	(e)
	If
the Participant's employment with Minntech terminates before the Participant has become 100% vested under Sec. 7.2 of the Retirement Plan, the Participant shall be
entitled to a benefit from the account established under this Sec. 3.2 based only on the vested portion of that account. The vested portion shall be determined by multiplying the balance in the
account as of the date the termination of employment occurred by the vested percentage on that date determined under Sec. 7.2 of the Retirement Plan. The balance of the account in excess of the
vested portion shall be subtracted from the account as of the date the termination of employment occurred and shall be irrevocably forfeited. The vested portion shall thereafter continue to be held in
the Participant's account until distributed and shall remain subject to the other provisions of this Plan.

	(f)
	Except
as provided to the contrary in this Sec. 3.2, credits under this section shall be subject to all of the provisions of this Plan after they have been credited to the
Participant's account. 

    3.3  Matching Credits.  A Participant may be eligible to receive additional Matching Credits to a
separate account established under this Plan. Any such credits shall be determined as follows: 

	(a)
	The
Matching Credit under this section for a particular period will be equal to 50% of the amount of Deferred Compensation credited to the Participant for that period pursuant to
the Participant's Deferral Election under Sec. 3.1. However, for purposes of applying the previous sentence, any Deferred Compensation credited to the Participant for a Plan Year in excess of $15,000
shall be disregarded, and Matching Credits for that Plan Year shall cease when this limit is reached during the Plan Year.

	(b)
	For
purposes of deemed investments under Sec. 4, each Matching Credit under this Sec. 3.3 shall be reflected in the Participant's separate account as of the date the Deferred
Compensation on which the Matching Credit is based is credited to the Participant's account in this Plan. The first Matching Credits under this Sec. 3.3 shall be for the Plan Year commencing
April 1, 2000.

	(e)
	The
Participant's elections under Sec. 4 and Sec. 5 shall also apply to the separate account reflecting the amounts credited under this Sec. 3.3. The Participant is always 100%
vested in the amounts credited under this Sec. 3.3.

	(e)
	Except
as provided to the contrary in this Sec. 3.3, credits under this section shall be subject to all of the provisions of this Plan after they have been credited to the
Participant's account. 

    3.4  Participant Accounts.  No Participant shall derive any rights or benefits in or to any assets of
Minntech solely from the establishment or maintenance of accounts on the books of Minntech for purposes of this Plan. 

    Sec. 4.  Deemed Investment of Deferrals.  

    4.1  Election of Deemed Investment.  Each Participant shall designate the form and percentages of deemed
investment options in Sec. 4.2 at the time of his or her first annual election of Deferred Compensation on a form provided by Minntech (or at the time the Participant first receives a credit under
Sec. 3.2, if earlier). The Participant may change the form or percentages of deemed investment options during his or her period of employment or directorship with Minntech by filing a new form with
Minntech or its
designated agent. The new investment options shall apply to the period commencing as soon as administratively feasible following the date on which the change is received by 

3

Minntech or its designated agent (as determined by Minntech or its designated agent in its sole discretion) and ending on the day before the effective date of a subsequent election. All elections must
be expressed in whatever increments for each investment option Minntech or its designated agent may establish from time to time. The Participant may file separate elections for the deemed investment
of the existing account balance and the deemed investment of future deferrals and credits. 

    4.2  Investment Options.  Prior to the time any benefit is actually paid to the Participant as provided
below, the Participant's accounts shall be increased by the gain or decreased by the loss (the "adjustment") determined on the basis of the following forms of investments as selected by the
Participant as in effect from time to time during the period after each amount was credited to the Participant's accounts. 

	(a)
	Fidelity
Magellan Fund.

	(b)
	Alleghany
Safety of Principal Fund.

	(c)
	Vanguard
GNMA Fund.

	(d)
	Value
Line Aggressive Income Fund.

	(e)
	Alleghany
Balanced Fund.

	(f)
	Vanguard
Institutional Index Fund.

	(g)
	Alleghany
Montag & Caldwell Growth Fund.

	(h)
	Heartland
Value Fund.

	(i)
	Alleghany/Veredus
Aggressive Growth Fund.

	(j)
	Hotchkis
& Wiley International Fund.

	(k)
	Janus
Worldwide Fund.

	(l)
	Such
other investments that Minntech may from time to time add to the Plan. 

If
an investment option becomes unavailable, Minntech may replace the option with one that maintains similar investment characteristics. Minntech may in its sole discretion add additional options or
delete options at any time. 

    4.3  Account Information.  The selection of investments by which adjustments to the Participant's
accounts will be determined shall be solely for the purpose of establishing a method of calculating the adjustments in such accounts and shall not obligate Minntech to set aside any assets or to
invest any assets it may set aside in such investment or in any particular type of investment. Adjustments shall be determined in each fund by Minntech no less often than annually, and Minntech's
determination shall be final. Minntech shall provide each Participant with a report of the account values as of the end of each Plan Year, or more frequently. 

    Sec. 5.  Distributions From Accounts.  

    5.1  Termination with Minntech.  Following termination of employment or directorship with Minntech, the
Participant shall receive cash distribution of his or her accounts at the time and in the manner specified by the Participant under Sec. 5.2. 

    5.2  Timing and Form of Distribution.  At the time of initial enrollment in the Plan, Participants shall
elect to have their accounts distributed to them (or their beneficiaries) at the times and in the manner provided below. Such elections shall be made in writing and are irrevocable. 

4

	(a)
	Participants
may elect to have distributions commence at the following times:

	(1)
	In
the calendar year of the Participant's termination of employment or directorship with Minntech.

	(2)
	In
the calendar year following the Participant's termination of employment or directorship with Minntech.

	(3)
	Following
the fifth anniversary of the Participant's termination of employment or directorship with Minntech.

	(4)
	In
the calendar year in which there occurs the later of (i) the Participant's 60th birthday, or (ii) the Participant's termination of employment or directorship with Minntech. 

	(b)
	Participants
shall elect to have their accounts distributed in one of the following forms, subject to approval by Minntech:

	(1)
	A
single lump sum.

	(2)
	Distribution
in substantially equal quarterly installments ranging from two to 10 years. 

Lump
sum distributions shall be paid on the 15th day of the first calendar quarter immediately following the date the applicable event specified in subsection (a) occurs. Installment payments
shall also commence on the same date, with succeeding amounts paid on the 15th day of each calendar quarter thereafter until paid in full. The amount of each installment shall be determined by
dividing the total of the Participant's accounts by the number of installments remaining to be paid, including the current installment. During the installment period, earnings or losses on all unpaid
amounts shall be credited in accordance with the Participant's deemed investment election at the commencement of payments. 

	(c)
	Notwithstanding
the foregoing, if a Participant had less than five years of employment or directorship with Minntech at the time the termination of employment or directorship
occurs, the entire benefit under the Plan shall be paid in a lump sum on the earlier of (i) the date payments are to commence under subsections (a) and (b), or (ii) January 15th of the
year following the calendar year in which the termination of employment or directorship occurred. 

    5.3  Distribution to Beneficiary.  If the Participant is deceased, the distribution shall be payable to
the beneficiary of the Participant in the form payable to the Participant hereunder. Minntech, in its sole discretion, may accelerate the payment of benefits under this Plan to the Participant's
beneficiary. 

    Sec. 6.  Distributions for Financial
Hardship.  Participants may withdraw any portion of their accounts without regard to the provisions of Sec. 5 in the event the Participant, in the sole
discretion of Minntech, has incurred, or will incur, an immediate and heavy financial hardship. 

	(a)
	A
distribution based upon financial hardship shall not exceed the amount required to meet the immediate financial need created by the hardship and not reasonably available from
other resources of the Participant. A "financial hardship" for purposes of this section must involve an unforeseeable emergency that is caused by events beyond the control of the Participant.

	(b)
	An
application for a distribution pursuant to this section shall be made in writing and delivered to the chief financial officer of Minntech. Minntech may require the submission of
such supporting documentation as it deems necessary and shall render its final and conclusive decision on such applications. 

    Sec. 7.  Funding.  Nothing in this Plan shall be
construed as permitting a Participant or beneficiary to claim any security for the fulfilling of the obligations of Minntech hereunder, and the Participant or
beneficiary shall look only to the general assets of Minntech for the satisfaction of Minntech's obligations. Minntech is not required to invest in any property to secure its obligations 

5

under this Plan. If Minntech should invest in property to fund its obligations under this Plan, Minntech shall be the sole owner of such property, and the Participant, beneficiary and estate shall
have no rights in said property. If Minntech obtains an insurance contract in connection with its obligations under this Plan, the Participant shall cooperate with Minntech and shall execute any
documents reasonably requested by Minntech to obtain such insurance. 

    Sec. 8.  Designation of Beneficiary.  Each Participant
shall file with Minntech a written designation of the person or persons to receive the benefits under this Plan in the event of the Participant's death. This right of the Participant shall include the
right to name and change primary and contingent beneficiaries. Any designation of beneficiaries shall be effective only when filed by the Participant in writing with Minntech during the Participant's
lifetime. In the absence of such written designation, or if all the beneficiaries so named predecease the Participant, the individuals in the first of the following classes in which there is a
survivor, share and share alike, shall be considered the designated beneficiary: 

	(a)
	The
Participant's spouse, if surviving, with unpaid amounts at the spouse's death payable to the spouse's estate or as otherwise designated by the spouse.

	(b)
	The
Participant's surviving children and surviving issue of deceased children, such issue of deceased children taking by right of representation.

	(c)
	The
Participant's estate. 

    Sec. 9.  Claims Procedure.  

    9.1  Claims Procedure and Review.  A Participant or beneficiary may make a claim for Plan benefits within
the time and in the manner described herein. Such claim shall be made within 60 days after the claim arises by filing a written request with the chief financial officer of Minntech. The claim shall be
determined by Minntech within 90 days after the receipt of the written claim. Notice of Minntech's
decision shall be communicated to the claimant in writing. If the claim is denied, the notice shall include the specific reasons for the denial (including reference to pertinent Plan provisions), a
description of any additional material or information necessary for Minntech to reconsider the claim, the reasons for any of such additional material or information, and an explanation of the review
procedure. 

    9.2  Appeal.  The claimant or a duly authorized representative may, within 60 days after receiving such
written notice, request the president of Minntech to review Minntech's decision. The president shall afford the claimant a hearing and the opportunity to review all pertinent documents and submit
issues and comments orally or in writing and shall render a review decision in writing within 60 days after receipt of request for review. The review proceeding shall be conducted in accordance with
the rules and regulations adopted from time to time by the president of Minntech. 

    9.3  Attorneys' Fees and Costs of Litigation.  If a Participant or beneficiary who has exhausted the
above claims procedure subsequently brings an action in court and receives a final judgment that he or she is entitled to a greater benefit than Minntech had determined, Minntech shall reimburse the
individual for all reasonable attorneys' fees and related costs incurred in obtaining and enforcing the judgment. 

    Sec. 10.  Miscellaneous.  

    10.1  Liability.  No officer of Minntech shall be personally liable by virtue of any contract, agreement
or other instrument made or executed by the officer or on his or her behalf as an officer, nor for any mistake or judgment made by such officer or any other officer, nor for any negligence, omission
or wrongdoing of any other officer or of anyone employed by Minntech, nor for any loss, unless resulting from his or her own gross negligence or willful misconduct. In addition, Minntech does 

6

not assure or guarantee the tax consequences of benefits provided hereunder or other matters beyond its control. 

    10.2  Title to Assets.  No Participant or former Participant shall have any legal or equitable right or
interest in any funds set aside by Minntech or in any assets in which Minntech may invest, from time to time, to cover its obligations under this Plan. 

    10.3  Amendments.  Minntech reserves the right to amend or modify, in whole or in part, any or all of the
provisions of this Plan at any time by action of the Board or by a written instrument executed by the president of Minntech; provided, however, that no amendment or modification shall be made which
will deprive any Participant or any Participant's beneficiary of any vested benefits to which he or she is entitled under the Plan. Notwithstanding the foregoing, the amendment can alter the deemed
investment options under Sec. 4 with respect to periods after the date the amendment is adopted, both for future deferrals and for amounts deferred in past. 

    10.4  Termination.  Continuation of the Plan is not a contractual obligation of Minntech, and the right
is reserved by Minntech to reduce, suspend or discontinue the Plan at any time by action of the Board or by written instrument executed by the president of Minntech. However, no such reduction,
suspension or discontinuance shall deprive any Participant or beneficiary of any benefits that become vested under the Plan prior to the termination, but may alter future deemed investments as
provided in Sec. 10.3. 

    10.5  Assignment and Levy.  The Plan is for the benefit and protection of the Participants and their
beneficiaries and the rights, privileges and benefits herein conferred shall not, to the extent permitted by law, be subject to alienation, assignment, pledge, levy, attachment, garnishment or other
legal process or in any manner anticipated, encumbered, committed, withdrawn or surrendered, and neither shall the same be subject or liable in any way for debts, contracts, or agreements or other
claims of creditors of such Participants or their beneficiaries whether such claims are now contracted or may hereafter be contracted or incurred. 

    10.6  Participant's Rights.  The establishment of this Plan shall not create any legal or equitable right
against Minntech unless such right is specifically provided for in this Plan. Furthermore, nothing in this Plan shall be construed as giving a Participant the right to be retained in the employment of
Minntech, and a Participant shall remain subject to discharge at any time to the same extent as if this Plan had not been adopted. 

    10.7  Incompetency.  Every person receiving or claiming benefits under this Plan shall be conclusively
presumed to be mentally competent until the date on which Minntech receives a written notice in a form and manner acceptable to Minntech that such person is incompetent and that a guardian,
conservator or other person legally vested with the care of his or her estate has been appointed. In such event, Minntech may direct payments of benefits to such guardian, conservator or other person
legally vested with the care of the person's estate and any such payments so made shall be a complete discharge of Minntech to the extent so made. 

    10.8  Notices.  Notices required by this Plan to be given to Minntech or a Participant shall be in
writing and shall be considered to have been duly given or served if personally delivered, or sent by first class, certified or registered mail. 

    10.9  Severability.  The invalidity or partial invalidity of any portion of this Plan shall not
invalidate the remainder thereof, and said remainder shall remain in full force and effect. 

    10.10  Release.  Any payment to or for the benefit of any Participant or beneficiary in accordance with
the provisions hereof shall, to the extent thereof, be in full satisfaction of all claims hereunder against Minntech. 

7

    10.11  Withholding of Taxes.  The benefits payable under this Plan shall be subject to the deduction of
any federal, state or local income taxes or other taxes which are required to be withheld from such payments by applicable laws and regulations. 

    10.12  Governing Law.  Construction and administration of this Plan shall be governed by the laws of the
State of Minnesota, except to the extent such laws are preempted by federal law. 

	 	 	MINNTECH CORPORATION
	 

 	 
 	 

 	 
 	 

 	 
 	 

 
	 	 	By	 	 	 	 
	 	 	 	 	

	 	 	 	 	Its	 	 
	 	 	 	 	 	 	

8

QuickLinks

MINNTECH CORPORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLANPrepared by MERRILL CORPORATION www.edgaradvantage.com

QuickLinks
 -- Click here to rapidly navigate through this document
 

Exhibit 10(q) 

  MANAGEMENT AGREEMENT         

    AGREEMENT made as of this 1st day of September, 1996 by and between Minntech Corporation, a Minnesota corporation, with its principal executive office at
Plymouth, Minnesota ("Company") and Robert W. Johnson residing at 5332 Matterhorn Drive, Fridley, Minnesota 55421 (the "Executive"). 

    WHEREAS,
Company considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of Company and its
shareholders; and 

    WHEREAS,
the Executive is expected to continue to make a significant contribution to the profitability, growth and financial strength of Company; and 

    WHEREAS,
Company, as a publicly held corporation, recognizes that the possibility of a Change in Control may exist and that such possibility, and the uncertainty and questions which
it may raise among management, may result in the departure or distraction of the Executive in the performance of the Executive's duties to the detriment of Company and its shareholders; and 

    WHEREAS,
the Executive is willing to continue to be an employee of Company upon the understanding that Company will provide income security if the Executive's employment is terminated
under certain terms and conditions; and 

    WHEREAS,
it is in the best interests of Company and its shareholders to reinforce and encourage the continued attention and dedication of management personnel, including the
Executive, to their assigned duties without distraction and to increase the likelihood of the continued availability to Company of the Executive in the event of a Change in Control. 

    THEREFORE,
in consideration of the foregoing and other respective covenants and agreements of the parties herein contained, the parties hereto agree as follows: 

    1.  Term of Agreement.  This Agreement shall commence on the date hereof and shall continue in effect
until such time as Company notifies the Executive or the Executive notifies Company of termination of this Agreement; provided, however, that in no event may this Agreement be terminated prior to two
years from the date hereof, and notice of termination on the second or any subsequent anniversary date hereof must be given by Company in writing mailed to the Executive at his or her last known
address within 60 days prior to such anniversary date or by the Executive by notice in writing mailed to Company at the principal executive office of Company within 60 days prior to such
anniversary date. If no such notice is given, then the term of this Agreement shall be extended for additional periods of one year. Notwithstanding the preceding sentence, if a Change in Control
occurs during the term of this Agreement (including any extension hereof), this Agreement shall continue in effect for a period of 36 months from the date of the occurrence of a Change in
Control. Except as provided in Section 2(b) or Section 3(e) of this Agreement, nothing stated herein shall limit the right of the Executive or Company to terminate the employment of the
Executive with Company at any time prior to the expiration of the term of this Agreement, with or without Cause (as defined in Section 3(b) of this Agreement) and for any reason whatsoever,
subject to the right of the Executive to receive any payment and other benefits that may be due pursuant to the terms and conditions of Section 4 of this Agreement. 

    2.  Change in Control.  No amounts shall be payable hereunder unless a Change in Control, as set forth
below, shall occur during the term of this Agreement. 

    (a) For
purposes of this Agreement, a "Change in Control" of Company shall be deemed to occur if any of the following occur: 

     (i) Any
"person" (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended, or any successor statute thereto (the "Exchange
Act")) acquires or becomes a "beneficial owner" (as defined in Rule 13d-3 or any successor rule under the Exchange Act), directly or indirectly, of securities of Company
representing 30% or 

more of the combined voting power of Company's then outstanding securities entitled to vote generally in the election of directors ("Voting Securities"), provided, however, that the following shall
not constitute a Change in Control pursuant to this Section 2(a)(i): 

    (A) any
acquisition or beneficial ownership by Company or a subsidiary of Company; 

    (B) any
acquisition or beneficial ownership by any employee benefit plan (or related trust) sponsored or maintained by Company or one or more of its subsidiaries; 

    (C) any
acquisition or beneficial ownership by any corporation with respect to which, immediately following such acquisition, more than 70% of both the combined voting
power of Company's then outstanding Voting Securities and the common stock of Company is then beneficially owned, directly or indirectly, by all or substantially all of the persons who beneficially
owned Voting Securities and common stock of Company immediately prior to such acquisition in substantially the same proportions as their ownership of such Voting Securities and common stock, as the
case may be, immediately prior to such acquisition; 

    (ii) A
majority of the members of the Board of Directors of Company shall not be Continuing Directors. For purposes of this subsection 2(a)(ii), "Continuing Directors"
shall mean: (A) individuals who, on the date hereof, are directors of Company, (B) individuals elected as directors of Company subsequent to the date hereof for whose election proxies
shall have been solicited by the Board of Directors of Company or (C) any individual elected or appointed by the Board of Directors of Company to fill vacancies on the Board of Directors of
Company caused by death or resignation (but not by removal) or to fill newly-created directorships; 

    (iii) Approval
by the shareholders of Company of a reorganization, merger or consolidation of Company (other than a merger or consolidation with a subsidiary of
Company) or a statutory exchange of outstanding Voting Securities of Company, unless immediately following such reorganization, merger, consolidation or exchange, all or substantially all of the
persons who were the beneficial owners, respectively, of Voting Securities and common stock of Company immediately prior to such reorganization, merger, consolidation or exchange beneficially own,
directly or indirectly, more than 70% of, respectively, the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors and the then
outstanding shares of common stock, as the case may be, of the corporation resulting from such reorganization, merger, consolidation or exchange in substantially the same proportions as their
ownership, immediately prior to such reorganization, merger, consolidation or exchange, of the Voting Securities and common stock of Company, as the case may be; 

    (iv) Approval
by the shareholders of Company of (x) a complete liquidation or dissolution of Company or (y) the sale or other disposition of all or
substantially all of the assets of Company (in one or a series of transactions), other than to a corporation with respect to which, immediately following such sale or other disposition, more than 70%
of, respectively, the combined voting power of the then outstanding voting securities of such corporation entitled to vote generally in the election of directors and the then outstanding shares of
common stock of such corporation is then beneficially owned, directly or
indirectly, by all or substantially all of the persons who were the beneficial owners, respectively, of the Voting Securities and common stock of Company immediately prior to such sale or other
disposition in substantially the same proportions as their ownership, immediately prior to such sale or other disposition, of the Voting Securities and common stock of Company, as the case may be; or 

2

    (v) Company enters into a letter of intent, an agreement in principle or a definitive agreement relating to a Change in Control described in Section 2(a)(i),
2(a)(ii), 2(a)(iii) or 2(a)(iv) above that ultimately results in such a Change in Control or a tender or exchange offer or proxy contest is commenced which ultimately results in a Change
in Control described in Section 2(a)(i) or 2(a)(ii) hereof. 

Notwithstanding
the above, a Change in Control shall not be deemed to occur with respect to the Executive if (x) the acquisition or beneficial ownership of the 30% or greater interest referred
to in Section 2(a)(i) is by the Executive or by a group, acting in concert, that includes the Executive or (y) if a majority of the then combined voting power of the then
outstanding voting securities (or voting equity interests) of the surviving corporation or of any corporation (or other entity) acquiring all or substantially all of the assets of Company shall,
immediately after a reorganization, merger, consolidation, statutory share exchange or disposition of assets referred to in Section 2(a)(iii) or 2(a)(iv), be beneficially owned, directly
or indirectly, by the Executive or by a group, acting in concert, that includes the Executive. 

    (b) The
Executive agrees that, subject to the terms and conditions of this Agreement, in the event of a Change in Control of Company described in
Section 2(a)(i), 2(a)(ii), 2(a)(iii) or 2(a)(iv), occurring after the date hereof, the Executive, if employed by Company immediately prior to such a Change in Control, will not
voluntarily terminate employment with Company except for Good Reason for a period of 90 days after the occurrence of such a Change in Control of Company. 

    (c) For
purposes of this Agreement, a "subsidiary" of Company shall mean any entity of which securities or other ownership interests having general 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 Company. 

    3.  Termination Following Change in Control.  If a Change in Control shall occur during the term of this
Agreement, the Executive shall be entitled to the payments and other benefits provided in subsection 4(d) in the event of the termination of the Executive's employment with Company unless the
Executive's termination is (A) because of the Executive's death, (B) by Company for Cause or Disability, or (C) by the Executive other than for Good Reason. 

    (a)  Disability.  If, as a result of incapacity due to physical or mental illness, the Executive shall
have been absent from the full-time performance of the Executive's duties with Company for six consecutive months, and within 30 days after written Notice of Termination is given,
the Executive shall not have returned to the full-time performance of the Executive's duties, Company may terminate the Executive's employment for "Disability". Any question as to the
existence of the Executive's Disability upon which the Executive and Company cannot agree shall be determined by a qualified independent physician selected by the Executive (or, if the Executive is
unable to make such selection, it shall be made by any adult member of the Executive's immediate family), and approved by Company. The determination of such physician made in writing to Company and to
the Executive shall be final and conclusive for all purposes of this Agreement. 

    (b)  Cause.  Termination of the Executive's employment for "Cause" shall mean termination upon the
conviction of the Executive by a court of competent jurisdiction for felony criminal conduct. 

    (c)  Good Reason.  Termination by the Executive for "Good Reason" shall mean termination by the Executive
if, without the Executive's express written consent, any of the following shall occur: 

     (i) the
assignment to the Executive of any duties inconsistent with the Executive's status or position with Company, or a substantial alteration in the nature or status
of the Executive's responsibilities from those in effect immediately prior to the Change in Control; 

3

    (ii) a reduction by Company in the Executive's annual base salary in effect immediately prior to a Change in Control; 

    (iii) the
relocation of Company's principal executive offices to a location more than fifty miles from Plymouth, Minnesota or Company requiring the Executive to be
based anywhere other than Company's principal executive office (or if the Executive is based at a location other than Company's principal executive office immediately prior to the first Change in
Control, anywhere other than such location)
except for required travel on Company's business to an extent substantially consistent with the Executive's prior business travel obligations; 

    (iv) the
failure by Company to continue to provide the Executive with benefits at least as favorable to those enjoyed by the Executive under any of Company's pension,
life insurance, medical, health and accident, disability, deferred compensation, incentive awards, employee stock options, or savings plans in which the Executive was participating at the time of the
Change in Control, the taking of any action by Company which would directly or indirectly materially reduce any of such benefits or deprive the Executive of any material fringe benefit enjoyed at the
time of the Change in Control, or the failure by Company to provide the Executive with the number of paid vacation days to which the Executive is entitled at the time of the Change in Control,
provided, however, that Company may amend any such plan or programs as long as such amendments do not reduce any benefits to which the Executive would be entitled upon termination; 

    (v) a
termination pursuant to Section 3(d) of this Agreement; 

    (vi) the
failure of Company to obtain a satisfactory agreement from any successor to assume and agree to perform this Agreement, as contemplated in Section 6; or 

   (vii) any
purported termination of the Executive's employment which is not made pursuant to a Notice of Termination satisfying the requirements of subsection
(e) below; for purposes of this Agreement, no such purported termination shall be effective. 

    (d)  Voluntary Termination Deemed Good Reason.  Notwithstanding anything herein to the contrary, during
the period commencing on the 91st day following a Change in Control under Section 2(a)(i), 2(a)(ii), 2(a)(iii) or 2(a)(iv) of this Agreement and ending on the 180th day following
such a Change in Control, the Executive may voluntarily terminate his or her employment for any reason, and such termination shall be deemed "Good Reason" for all purposes of this Agreement. In the
event of such voluntary termination pursuant to this subsection 3(d)), the multiple applied to the Severance Payment (as defined in Section 4(d)), if any, payable to the Executive pursuant to
subsection 4(d)(ii) below shall be reduced by 50%. 

    (e)  Notice of Termination.  Any purported termination of the Executive's employment by Company or by the
Executive shall be communicated by written Notice of Termination to the other party hereto in accordance with Section 7. For purposes of this Agreement, a "Notice of Termination" shall mean a
notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth the facts and circumstances claimed to provide a basis for termination of the
Executive's employment. 

    (f)  Date of Termination.  For purposes of this Agreement, "Date of Termination" shall mean: 

     (i) if
the Executive's employment is terminated for Disability, 30 days after Notice of Termination is given (provided that the Executive shall not have returned
to the full-time performance of the Executive's duties during such 30 day period); and 

    (ii) if
the Executive's employment is terminated pursuant to subsections (b), (c) or (d) above or for any other reason (other than Disability), the date
specified in the Notice of Termination (which, in the case of a termination pursuant to subsection (b) above, shall not be 

4

less than 10 days, and, in the case of a termination pursuant to subsection (c) or (d) above, shall not be less than 10 nor more than 30 days, respectively, from the date
such Notice of Termination is given). 

    (g)  Dispute of Termination.  If, within 10 days after any Notice of Termination is given, the
party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally
determined, either by mutual written agreement of the parties, or by a final judgment, order or decree of a court of competent jurisdiction (which is not appealable or the time for appeal therefrom
having expired and no appeal having been perfected); provided, that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving
such notice pursues the resolution of such dispute with reasonable diligence. Notwithstanding the pendency of any such dispute, Company shall continue to pay the Executive full compensation in effect
when the notice giving rise to the dispute was given (including, but not limited to, base salary) and continue the Executive as a participant in all compensation, benefit and insurance plans in which
the Executive was participating when the notice giving rise to the dispute was given, until the dispute is finally resolved in accordance with this subsection. Amounts paid under this subsection are
in addition to all other amounts due under this Agreement and, except as provided in Section 4(d)(v), shall not be offset against or reduce any other amounts under this Agreement. 

    4.  Compensation Upon Termination or During Disability.  Upon termination of the Executive's employment
(or, with respect to Section 4(a), during a period of Disability) following a Change in Control, as defined in Section 2(a), of Company or if there shall be a termination by Company of
the Executive's employment prior to a Change in Control, or the Executive shall terminate employment with Company for Good Reason prior to a Change in Control (for which purpose the references in
Section 3(c) to changes from circumstances existing immediately prior to or at the time of a Change in Control that constitute Good Reason for termination shall instead be deemed to be
references to circumstances existing immediately prior to or at the time that the Change in Control is first anticipated), and the Executive reasonably demonstrates that such termination by Company or
event constituting Good Reason for termination by the Executive (x) was requested by a third party that had previously taken other steps reasonably calculated to result in a Change in Control
described in Section 2(a)(i), 2(a)(ii), 2(a)(iii) or 2(a)(iv) and ultimately resulting in such a Change in Control following termination of the Executive's employment or
(y) otherwise arose in connection with or in anticipation of a Change in Control described in Section 2(a)(i), 2(a)(ii), 2(a)(iii) or 2(a)(iv) that ultimately occurs
following termination of the Executive's employment, the Executive shall be entitled to the following benefits: 

    (a) Except
as provided in Section 4(b), during any period that the Executive fails to perform full-time duties with Company as a result of
Disability, Company shall pay the Executive the base salary of the Executive at the rate in effect at the commencement of any such period, until such time as the Executive is determined to be eligible
for long term disability benefits in accordance with Company's insurance programs then in effect. 

    (b) If
the Executive's employment shall be terminated by Company for Cause or Disability or by the Executive, following a Change in Control, other than for Good Reason,
Company shall pay to the Executive his or her full base salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and Company shall have no further
obligation to the Executive under this Agreement. 

    (c) If
the Executive's employment shall be terminated by Company for Cause or Disability, or is terminated by reason of death, Company shall immediately cause to be
commenced payment to the Executive (or the Executive's designated beneficiaries or estate, if no beneficiary is designated) 

5

of any and all benefits to which the Executive is entitled, if any, under Company's insurance programs then in effect. 

    (d) Except
for termination of the Executive's employment with Company by reason of death, if the Executive's employment with Company shall be terminated (A) by
Company other than for Cause or Disability or (B) by the Executive for Good Reason, then the Executive shall be entitled to the benefits provided below: 

     (i) Company
shall pay the Executive the Executive's full base salary through the Date of Termination at the rate in effect at the time the Notice of Termination is
given. 

    (ii) In
lieu of any further salary payments for periods subsequent to the Date of Termination, Company shall pay as a severance payment (the "Severance Payment") an
amount equal to (A) one (1) times (subject to reduction pursuant to Section 3(d) in the event of a termination of employment by the Executive pursuant to Section 3(d)) the
average of the annual compensation which was paid to the Executive by Company (or any corporation affiliated with Company within the meaning of Section 1504 of the Internal Revenue Code of
1986, as amended (the "Code")) and includible in the Executive's gross income for federal income tax purposes for the shorter of the period consisting of (1) the five most recently completed
taxable years of the Executive ending before the earlier of the first Change in Control (for which purpose the first Change in Control shall not be deemed to be a Change in Control pursuant to
Section 2(a)(v) unless the Executive's termination of employment with Company occurs prior to the first Change in Control pursuant to Section 2(a)(i), 2(a)(ii),
2(a)(iii) or 2(a)(iv)) or (2) that portion of such five-year period during which the Executive was employed by Company, less (B) $1.00. Such average shall be
determined in accordance with temporary or final regulations promulgated under Section 280G(d) of the Code or any successor provision thereto. The Severance Payment shall be made in full within
60 days after termination of employment. Such Severance Payment shall be reduced by any severance pay that the Executive receives from Company, any subsidiary of Company or any successor
thereof under any other policy or agreement of Company in the event of involuntary termination of the Executive's employment. 

    (iii) For
a 36 month period after the Date of Termination, Company shall arrange to provide the Executive with life, disability, accident and health insurance
benefits substantially similar to those which the Executive is receiving or entitled to receive immediately prior to the Notice of Termination. Benefits otherwise receivable by the Executive pursuant
to this paragraph (iii) shall be reduced to the extent comparable benefits are actually received by the Executive from another employer or other third party during such 36 month period,
and any such benefits actually received by the Executive shall be reported to Company. 

    (iv) Company
shall also pay to the Executive all legal fees and expenses incurred by the Executive as a result of such termination (including all such fees and
expenses, if any, incurred in contesting or disputing any such termination or in seeking to obtain or enforce any right or benefit provided by this Agreement). 

    (v) Notwithstanding
any provision to the contrary contained herein except the last sentence of this Section 4(d)(v), if the lump sum cash payment due and the
other benefits to which the Executive shall become entitled under this Section 4 hereof, either alone or together with other payments in the nature of compensation to the Executive which are
contingent on a change in the ownership or effective control of Company or in the ownership of a substantial portion of the assets of Company or otherwise, would constitute a "parachute payment" as
defined in Section 280G of the Code or any successor provision thereto, such lump sum payment and/or such other benefits and payments shall be reduced (but not below zero) to the largest
aggregate amount as will result in no portion thereof being subject to the 

6

excise tax imposed under Section 4999 of the Code (or any successor provision thereto) or being non-deductible to Company for federal income tax purposes pursuant to
Section 280G of the Code (or any successor provision thereto). The Executive in good faith shall determine the amount of any reduction to be made pursuant to this
Section 4(d)(v) and shall select from among the foregoing benefits and payments those which shall be reduced. No modification of, or successor provision to, Section 280G or
Section 4999 subsequent to the date of this Agreement shall, however, reduce the benefits to which the Executive would be entitled under this Agreement in the absence of this
Section 4(d)(v) to a greater extent than they would have been reduced if Section 280G and Section 4999 had not been modified or superseded subsequent to the date of this
Agreement, notwithstanding anything to the contrary provided in the first sentence of this Section 4(d)(v). 

    (e) The
Executive shall not be required to mitigate the amount of any payment provided for in this Section 4 by seeking other employment or otherwise, nor shall
the amount of any payment or benefit provided for in this Section 4 be reduced by any compensation earned by the Executive as the result of employment by another employer or by retirement
benefits after the Date of Termination, or otherwise except as specifically provided in this Section 4. 

    (f)  In
addition to all other amounts payable to the Executive under this Section 4, the Executive shall be entitled to receive all benefits payable to the
Executive under any other plan or agreement relating to retirement benefits except as specifically provided in this Section 4. 

    (g) If
Company fails to make any payment at the times and in the amounts specified herein, or with respect to any fringe benefits, fails to provide such benefit as
specified herein, within 10 days from the date of written notice from the Executive to Company of such failure, Company shall be deemed to have waived any right to enforce any restriction on
employment or non-competition provision contained in any agreement between Company and the Executive then in existence which limits the ability of the
Executive to accept other employment and, thereafter, the Executive may work or consult for any person or business organization which is engaged in the design, development, assembly, manufacture,
marketing or sale of any product which competes with any product of Company, or for any person or business organization which is in competition with Company, without liability to Company for such
acts. A waiver of such restrictive covenant or non-competition provision shall not in any way restrict or limit the Executive's right to enforce the provisions of this Agreement, including
any legal or equitable action to enforce any and all payments, rights or benefits under this Agreement, it being the intention of this subsection that such waiver shall be in addition to, not in
substitution of, any other rights to which the Executive is entitled hereunder. Once waived, any such restrictive covenant or non-competition provision shall not thereafter be enforceable
even though the Executive may later receive the payment, right or benefit which was the basis of the waiver of such restrictive covenant or non-competition provision. 

    5.  Funding of Payments.  In order to assure the performance of Company or its successor of its
obligations under this Agreement, Company may deposit in trust an amount equal to the maximum payment that will be due the Executive under the terms hereof. Under a written trust instrument, the
Trustee shall be instructed to pay to the Executive (or the Executive's legal representative, as the case may be) the amount to which the Executive shall be entitled under the terms hereof, and the
balance, if any, of the trust not so paid or reserved for payment shall be repaid to Company. If Company deposits funds in trust, payment shall be made no later than the occurrence of the first Change
in Control described in Section 2(a)(i), 2(a)(ii), 2(a)(iii) or 2(a)(iv). Company shall give notice of such a Change in Control to any such trustee upon any occurrence as defined herein.
If and to the extent that the Executive becomes a beneficiary of any such funds deposited in trust, Company shall give prompt notice to the Executive, which shall include a copy of the trust
instrument and amendments from time to time. The rights of the Executive under such trust instrument shall be enforceable against Company and any trustees named therein, as though the provisions of
said trust were incorporated into this 

7

Agreement. If and to the extent there are not amounts in trust sufficient to pay the Executive under this Agreement, Company shall remain liable for any and all payments due to the Executive. In
accordance with the terms of such trust, at all times during the term of this Agreement, the Executive shall have no rights, other than as an unsecured general creditor of Company, to any amounts held
in trust and all trust assets shall be general assets of Company and subject to the claims of creditors of Company. 

    6.  Successors; Binding Agreement.  

    (a) Company
will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or
assets of Company to expressly assume
and agree to perform this Agreement in the same manner and to the same extent that Company would be required to perform it if no such succession had taken place. Failure of Company to obtain such
assumption and agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to compensation from Company in the same amount and on
the same terms as he would be entitled hereunder if he terminated his employment for Good Reason following a Change in Control, except that for purposes of implementing the foregoing, the date on
which any such succession becomes effective shall be deemed the Date of Termination. 

    (b) This
Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, successors, heirs, and designated
beneficiaries. If the Executive should die while any amount would still be payable to the Executive hereunder if the Executive had continued to live, all such amounts, unless otherwise provided
herein, shall be paid in accordance with the terms of this Agreement to the Executive's designated beneficiaries, or, if there is no such designated beneficiary, to the Executive's estate. 

    7.  Notice.  For the purpose of this Agreement, notices and all other communications provided for in the
Agreement shall be in writing and shall be deemed to have been duly given when delivered or mailed by United States registered or certified mail, return receipt requested, postage
pre-paid, addressed to the last known residence address of the Executive or in the case of Company, to its principal executive office to the attention of each of the then directors of
Company with a copy to its Secretary, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be
effective only upon receipt. 

    8.  Miscellaneous.  No provision of this Agreement may be modified, waived or discharged unless such
waiver, modification or discharge is agreed to in writing and signed by the parties. No waiver by either party hereto at any time of any breach by the other party to this Agreement of, or compliance
with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior to similar
time. No legally binding or enforceable agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof that remain in effect have been made by either
party which are not expressly set forth in this Agreement. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Minnesota. 

    9.  Validity.  The invalidity or unenforceability or any provision of this Agreement shall not affect the
validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

	MINNTECH CORPORATION	 	EXECUTIVE:
	 

By	 
 	 

/s/ Louis C. Cosentino	 
 	 

/s/ Robert W. Johnson
	 	 	
	 	

	 	 	Its President	 	Robert W. Johnson

8

  AMENDMENT TO MANAGEMENT AGREEMENT         

    This AMENDMENT made as of this 1st day of April, 1997, by and between Minntech Corporation, a Minnesota corporation (the "Company") and Robert W. Johnson, a
Minnesota resident (the "Executive"), as an amendment to the Management Agreement dated as of September 1, 1996, between the Company and the Executive. 

    WHEREAS,
the Company and the Executive entered into the Management Agreement for the reasons set forth in the recitals to the Management Agreement; and 

    WHEREAS,
for the reasons set forth in the recitals to the Management Agreement, the Company has determined that it is in the best interests of the Company and its shareholders to
provide for increased payments to the Executive upon the termination of the Executive's employment in certain circumstances following a Change in Control of the Company or as otherwise set forth in
the lead-in sentence to Section 4 of the Management Agreement. 

    THEREFORE,
in consideration of the foregoing, the parties hereto agree to amend Section 4(d)(ii) of the Management Agreement in its entirety to read as follows: 

    (ii) In
lieu of any further salary payments for periods subsequent to the Date of Termination, Company shall pay as a severance payment (the "Severance Payment") an
amount equal to (A) three (3) times (subject to reduction pursuant to Section 3(d) in the event of a termination of employment by the Executive pursuant to Section 3(d))
the average of the annual compensation which was paid to the Executive by Company (or any corporation affiliated with Company within the meaning of Section 1504 of the Internal Revenue Code of
1986, as amended (the "Code")) and includible in the Executive's gross income for federal income tax purposes for the shorter of the period consisting of (1) the five most recently completed
taxable years of the Executive ending before the earlier of the first Change in Control (for which purpose the first Change in Control shall not be deemed to be a Change in Control pursuant to
Section 2(a)(v) unless the Executive's termination of employment with Company occurs prior to the first Change in Control pursuant to Section 2(a)(i), 2(a)(ii),
2(a)(iii) or 2(a)(iv)) or (2) that portion of such five-year period during which the Executive was employed by Company (for which purpose compensation for a partial year
shall be annualized before determining average annual compensation for the period in accordance with temporary or final regulations promulgated under Section 280G(d) of the Code or any
successor provision thereto), less (B) $1.00. Such average shall be determined in accordance with temporary or final regulations promulgated under Section 280G(d) of the Code or any
successor provision thereto. The Severance Payment shall be made in full within 60 days after termination of employment. Such Severance Payment shall be reduced by any severance pay that the
Executive receives from Company, any subsidiary of Company or any successor thereof under any other policy or agreement of Company in the event of involuntary termination of the Executive's
employment. 

    The
Management Agreement, subject only to this Amendment and any other amendments entered into in accordance with Section 8 of the Management Agreement, shall remain in full
force and effect without modification. All references in the Management Agreement to "this Agreement" shall be deemed to be references to the Management Agreement as amended by this Amendment. All
terms used in this Amendment which are not defined in this Amendment shall have the meanings set forth in the Management Agreement. 

    IN
WITNESS WHEREOF, the parties hereto have signed this Amendment as of the date above written. 

	MINNTECH CORPORATION	 	EXECUTIVE:
	 

By	 
 	 

/s/ Thomas J. McGoldrick	 
 	 

/s/ Robert W. Johnson
	 	 	
	 	

	 	 	Its President	 	Robert W. Johnson

QuickLinks

MANAGEMENT AGREEMENT

AMENDMENT TO MANAGEMENT AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]