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presented to the Audit Committee Chair for approval, in which event the decision will be reported to the full Audit Committee at its next
meeting.
Andrew K. Silvernail is Chairman and Chief Executive Officer of IDEX Corporation, an applied solutions company with $2.1
billion of sales in 2014 that specializes in fluid and metering technologies, health and science technologies and safety and other diversified
products. In 2014, the Company purchased equipment and components used in the development and manufacturing of products from
subsidiaries of IDEX Corporation at an aggregate cost of $3,083,000 in the ordinary course of business. At its February 2015 meeting,
the Audit Committee authorized the Company to continue to purchase equipment and components from IDEX subsidiaries in the ordinary
course of business up to $15,000,000.
