SEC Contract Filing

Filing Date: 2016-11-23

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>dp70494_ex1001.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

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<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-style: normal"><B>November
18, 2016</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>David Liner</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>6709 Firestone Place</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Lakewood Ranch, Florida 34202</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>Re:</B></TD><TD><B>Retirement Agreement and General Release</B></TD>
</TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Dear David:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">You have advised us of your decision to
transition to retirement from Roper Technologies, Inc. (the &ldquo;<B>Company</B>&rdquo;). This letter when signed by you will
constitute the full agreement between you and the Company on the terms of your retirement from employment (&ldquo;<B>Agreement</B>&rdquo;).
By entering into this Agreement, neither you nor the Company makes any admission of any failing or wrongdoing. Rather, the parties
have merely agreed to resolve amicably any existing or potential disputes arising out of your employment with the Company, provide
for a smooth transition both for yourself and the Company and to provide for your eventual separation therefrom. In connection
with your acceptance of this Agreement, you will be entitled to the following items:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective
December 1, 2016, your position with the Company will change to focus upon special projects at the direction of the Company&rsquo;s
Vice President and General Counsel; and you will not be an officer of the Company. Your new title will be Vice President - Legal
Affairs, and you may work out of your home. You will be permitted to engage in outside activities not in conflict with the activities
of the Company, including service on the Boards of other companies, provided such activities do not interfere with your responsibilities
to the Company or violate the provisions set forth in paragraph 8 below. Your new monthly salary will be Thirty-Two Thousand, One
Hundred Forty-Three Dollars ($32,143) per month commencing December 1, 2016, and payable, starting on the Company&rsquo;s first
payroll date thereafter, subject to normal and customary withholdings, including but not limited to tax withholdings. You agree
to serve in this role through your Retirement Date, as defined below. You will retire from the Company and your employment with
the Company will terminate on January 31, 2018 (&ldquo;<B>Retirement Date</B>&rdquo;). You will cease to earn vacation effective
December 1, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of the Retirement Date, you shall no longer be eligible to participate in the Company&rsquo;s group health and dental plans as
an active employee participant and your Retirement Date shall be considered a &ldquo;qualifying event&rdquo; for purposes of triggering
your right to continue your group health and dental insurance pursuant to federal law (commonly referred to as &ldquo;<B>COBRA</B>&rdquo;).
Further, as of the Retirement Date, you shall no longer be eligible to participate in the Company&rsquo;s non-qualified retirement
plan. Upon your retirement, you will be provided a lump sum payment of $16,812 less applicable withholdings to assist with your
COBRA premiums. Note your executive concierge health benefits will end effective April 1, 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
will continue to be entitled to receive your 2016 annual cash management bonus based upon Company performance at the same time
other Company bonuses are paid, but in no event later than March 15, 2017. That bonus will equal to 100% of your base earnings
in 2016, adjusted for the Company&rsquo;s actual performance consistent with the terms of the applicable plan documents. After
2016, you will not participate in any Company bonus plans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-a