Decorated for his exploits in danger, perhaps (9)
I believe the answer is:
garnished
'decorated' is the definition.
(garnishing is a kind of decorating)
'his exploits in danger perhaps' is the wordplay.
'exploits' indicates anagramming the letters (I've seen 'exploited' mean this).
'in' indicates putting letters inside.
'perhaps' indicates an anagram.
'his' anagrammed gives 'ish'.
'danger' is an anagram of 'garned'.
'ish' inserted within 'garned' is 'GARNISHED'.
'for' is the link.
(Other definitions for garnished that I've seen before include "Added parsley, perhaps" , "Decorated" .)