Chris,
The output you are using pin 14 on port 2 uses the same supply as pin 1, 16, and 17 on port 2. So if you try to use a VFD or DC motor controller such as the KBIC-120, with a non-isolated analog control voltage input, the 0V terminal is likely to be at supply((110V) - 10V. If that is the case, there will be serious damage if these other inputs are referenced to chassis ground.
If the VFD or DC motor controller has an isolated or ground reference input as is the case with your Danfoss VFD, then yes your circuit will work.
You should still make it clear that your circuit will not work with non-isolated VFD or Motor controller inputs.
Cheers,
Peter.