Amendment No. 2 to Colfax Corporation Nonqualified Deferred Compensation Plan, dated December 12, 2018

The Colfax Corporation Nonqualified Deferred Compensation Plan (the “Plan”) is hereby amended as follows, effective as of December 12, 2018:

“Disability” or “Disabled” shall mean that a Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. A Participant shall be considered Disabled only if he or she meets one or more of the following criteria:

(a)      He or she has been determined under the Employer’s long-term disability plan as eligible for benefits thereunder;

(b)      He or she has been determined by the Social Security Administration as eligible for Social Security disability benefits; or

(c) He or she has been determined to be Disabled (as defined above) by the Participant’s physician.

In all other respects the Plan, as amended herein, is hereby ratified and confirmed.