IDEXX LABORATORIES INC /DE
DAVID E. SHAW AMENDED EMPLOYMENT AGREEMENT
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<TYPE>EX-10.11
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<DESCRIPTION>DAVID E. SHAW AMENDED EMPLOYMENT AGREEMENT
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<P ALIGN="RIGHT">EXHIBIT 10.11</P>
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<B><P ALIGN="CENTER">IDEXX LABORATORIES, INC.</B></TD>
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<U><P ALIGN="CENTER">AMENDED AND RESTATED AGREEMENT</U></TD>
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</U><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          This Agreement, dated as of October 17, 2001, amends and restates in its entirety the Agreement dated as of August 26, 1999 between IDEXX Laboratories, Inc. (&quot;IDEXX&quot;) and David E. Shaw (&quot;Shaw&quot;) regarding Shaw's reappointment as Chief Executive Officer of IDEXX, and the planned recruitment and appointment of a person to succeed Shaw as such Chief Executive Officer.  In consideration of Shaw's willingness to serve as Chief Executive Officer pending the identification and appointment of a successor (the &quot;Succession&quot;), and to serve as Executive Chairman for a period of time after the Succession, and for other good and valuable consideration, the parties agree as follows:</P>

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<P>1.</TD>
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<P>From the date hereof until the earlier of the date of the Succession or June 30, 2002 (the</TD>
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<P> &quot;CEO Term&quot;), Shaw agrees to serve, and IDEXX agrees to retain Shaw, as Chief </TD>
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<P>Executive Officer, unless Shaw resigns prior to expiration of the CEO Term.  During the </TD>
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<P>CEO Term, Shaw will perform responsibilities consistent with his position as Chief </TD>
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<P>Executive Officer and will assist in the recruitment of a successor.</TD>
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<P>2.</TD>
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<P>If and as long as requested by the Board of Directors, for the period from the end of the </TD>
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<P>CEO Term to up to two years thereafter (such period, the &quot;Executive Chairman Term&quot; </TD>
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<P>and together with the CEO Term, the &quot;Term&quot;), Shaw agrees to serve as a part-time </TD>
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<P>employee of IDEXX with the title of &quot;Executive Chairman.&quot;  During the Executive </TD>
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<P>Chairman Term, Shaw will perform part-time responsibilities consistent with his </TD>
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<P>position as Executive Chairman, as mutually agreed with the Board of Directors.  It is </TD>
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<P>expected that such responsibilities will be primarily in the areas of strategy and </TD>
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<P>acquisitions.</TD>
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<P>3.</TD>
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<P>Shaw's annual base salary during the CEO Term shall initially be $500,000, and will be </TD>
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<P>subject to change during the CEO Term by mutual agreement.  Eligibility for cash </TD>
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<P>bonuses or stock option grants will be at the discretion of IDEXX's Board of Directors </TD>
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<P>but consistent with senior officer guidelines.  In consideration for Shaw's extended </TD>
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<P>service to the Company since its inception and his willingness to assist with the </TD>
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<P>succession, during the two-year period following the end of the CEO Term, regardless </TD>
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<P>whether Shaw is requested to serve as Executive Chairman, IDEXX shall pay to Shaw </TD>
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<P>an annual sum of $500,000, payable in equal bi-weekly installments, <U>provided</U> that </TD>
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<P>payments under this sentence shall cease if and when Shaw is entitled to any payment </TD>
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<P>under the Employment Agreement dated April 25, 1997 between Shaw and IDEXX (the</TD>
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<P> &quot;Employment Agreement&quot;) as a result of a Change of Control (as defined therein).</TD>
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<P>4.</TD>
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<P>During both the CEO Term and Executive Chairman Term, Shaw will participate on the </TD>
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<P>same basis and at the same level that he currently participates in IDEXX health </TD>
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<P>insurance and other benefit programs, including the availability of on-site and off-site</TD>
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<P>administrative support and office facilities.</TD>
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<TD WIDTH="93%" VALIGN="TOP" ALIGN="CENTER">Page 1</TD>
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<P>5.</TD>
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<P>All of Shaw's options to purchase shares of IDEXX common stock shall become vested </TD>
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<P>and exercisable in full upon the last day of the Term, unless he voluntarily resigns prior </TD>
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<P>to the end of the Term.</TD>
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<P>6.</TD>
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<P>The Employment Agreement will remain in effect and, in the event of any conflict or </TD>
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<P>inconsistency between this Agreement and such Employment Agreement, this </TD>
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<P>Agreement shall control.  For purposes of the Employment Agreement, from and after </TD>
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<P>the end of the CEO Term:  (a) the Employment Period shall be deemed to end upon </TD>
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<P>expiration of the Executive Chairman Term, (b) the responsibilities of Shaw shall be as</TD>
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<P> set forth in this Agreement rather than Section 4 of the Employment Agreement, and (c)</TD>
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<P> Shaw's &quot;Annual Base Salary&quot; for purposes of Section 6(a)(i)(B) of the Employment </TD>
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<P>Agreement shall mean Shaw's annual base salary as of the end of the CEO Term.</TD>
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<P>Agreed to as of October 17, 2001.</TD>
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<P>IDEXX Laboratories, Inc.:</TD>
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<P>By: <U>/s/ James, L. Moody, Jr._________</U></TD>
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<P>By: <U>/s/ David E. Shaw__________</U></TD>
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<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       James L. Moody, Jr., Chairman</TD>
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<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       David E. Shaw</TD>
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<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       Compensation Committee</TD>
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<P ALIGN="CENTER">Page 2</P>
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