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AMENDED AND RESTATED EMPLOYMENT AGREEMENT This Amended and Restated Employment Agreement (the Agreement ) made this 30 th day of December, 2019 (the Effective Date ) between PerkinElmer, Inc., a Massachusetts corporation

Key Takeaway: AMENDED AND RESTATED EMPLOYMENT AGREEMENT This Amended and Restated Employment Agreement (the Agreement ) made this 30th day of December, 2019 (the Effective Date ) between PerkinElmer, Inc., a Massachusetts corporation (hereinafter called the Company ), and Prahlad R. Singh (h

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
This Amended and Restated Employment Agreement (the Agreement ) made this 30th
day of December, 2019 (the Effective Date ) between PerkinElmer, Inc., a Massachusetts corporation (hereinafter called the Company ), and Prahlad R. Singh (hereinafter referred to as the Employee ).
Company currently employs the Employee in a management position pursuant to an Employment Agreement dated October 3, 2016 (the 2016 Agreement );
WHEREAS, the Employee and the Company wish to amend and restate the 2016 Agreement as of the Effective Date; and
WHEREAS, the 2016 Agreement shall remain in full force and effect until the Effective Date, at which time this Agreement will supersede all
prior agreements between the parties, including the 2016 Agreement; and
WHEREAS, the Employee hereby agrees to the compensation herein
provided and agrees to serve the Company to the best of his ability during the period of this Agreement.
NOW, THEREFORE, in consideration
of the sum of One Dollar, and of the mutual covenants herein contained, the parties agree as follows:
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Except as hereinafter otherwise provided, the Company agrees to continue to employ the Employee in a management position with the
Company, and the Employee agrees to remain in the employment of the Company in that capacity, for a period of three (3) years from the date of the Change in Control. Except as provided in Paragraph 3(d), the Employee s salary as set forth
in Paragraph 3(a) and his other employee benefits pursuant to the plans described in Paragraph 3(c) shall not be decreased during such period.
provided that the Employee agrees not to resign, except for Good Reason (as defined below), during the one-year period following the date of the Change in Control.
Employment Agreement
Notwithstanding the foregoing provisions, if, within 36 months following the occurrence of a Change in Control, the Employee s
employment by the Company is terminated (i) by the Company other than for Cause, which shall not include any failure to perform his duties hereunder after giving notice or termination for Good Reason, disability or death or (ii) by the
Employee for Good Reason, (A) the Company shall pay to the Employee, on the date of his employment termination a lump sum cash payment in an amount equal to the sum of (I) his unpaid base salary through the date of termination, (II) a
pro rata portion of his prior year s bonus, (III) his Full Salary (as defined below) multiplied by three and (IV) (x) the amount the Company would have paid for the thirty-six (36) month
period following the date of the Employee s employment termination for premiums under the health, dental, vision, life/accidental death & disability, and short term and long-term disability plans in which the Employee and his
dependents were participating immediately prior to the date of the Employee s employment termination plus (y) three times the annual benefit to the Employee under the Company s executive physical program, which lump sum amount payable
pursuant to this clause (IV) to be determined based on the premium rates and benefits in effect as of the date of the Employee s employment termination (provided, however, that if the Change in Control is not described in
Section 409(a)(2)(v) of the Internal Revenue Code of 1986, as amended (the Code ) or if the termination occurs after the second anniversary of the Change in Control, such payment shall be made on the same schedule as provided in
Paragraph 5(f) prior to the application of this Paragraph 6), and (B) the Employee s outstanding restricted stock, option awards, or similar equity awards shall fully vest, and the vested option awards shall remain exercisable through the
Employment Agreement
ending on the earlier of: (I) the later of (x) the third anniversary of the Change in Control or (y) the first anniversary of the date the Employee s employment with the
Company terminates, or (II) the expiration of the original term of the option. For purposes of this Agreement, Full Salary shall mean the Employee s then current annual base salary, plus the target value of the Employee s
annual bonus in effect immediately prior to the Change in Control.
The Employee may pursue any lawful remedy he deems necessary or appropriate for enforcing his rights under this Agreement following a
Change in Control of the Company, and all costs incurred by the Employee in connection therewith (including without limitation attorneys fees) shall be promptly reimbursed to him by the Company, regardless of the outcome of such
Employment Agreement
The Company s independent, certified public accounting firm will determine whether and
to what extent payments or vesting under this Agreement or otherwise are required to be reduced in accordance with the preceding paragraph. For purposes of this Agreement, Total After-Tax Payments
means the total of all parachute payments (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Employee (whether made under the Agreement or otherwise), after reduction for all
applicable federal and state taxes (including the tax described in Section 4999 of the Code).
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IN WITNESS WHEREOF, the Company has caused its seal to be hereunto affixed and these
presents to be signed by its proper officers, and the Employee has hereunto set his hand and seal this 21st day of August, 2019 effective as of the day and year first above written.
PERKINELMER, INC.
By: /s/ Peter Barrett
Peter Barrett
Compensation and Benefits Committee Chair
PerkinElmer, Inc. Board of Directors
Employee: /s/ Prahlad R. Singh
Prahlad R. Singh
Employment Agreement
Last updated: Aug 21, 2019