WATTS WATER TECHNOLOGIES, INC. Non-Employee Director Compensation

Exhibit 10.14

WATTS WATER TECHNOLOGIES, INC.

Non-Employee Director Compensation

The annual compensation payable by Watts Water Technologies, Inc. to non-employee Directors as determined by the Board of Directors of the Corporation on July 31, 2012 is as follows:

·      $60,000 annual retainer;

·                  Annual grant of stock with a fair market value on the date of grant equal to $90,000;

·                  The Chairman of the Board shall receive an additional annual retainer of $40,000;

·                  The Chairman of the Audit Committee shall receive an additional annual retainer of $17,500;

·                  The Chairman of the Compensation Committee shall receive an additional annual retainer of $12,500;

·                  The Chairman of the and the Nominating and Corporate Governance Committee shall receive an additional annual retainer of $5,000; and

·                  There shall be no additional compensation paid for participation in Board or committee meetings.