Danaher 2008 Annual Report Download - page 197

Exhibit 10.9
DANAHER CORPORATION
1998 STOCK OPTION PLAN
Effective as of May 5, 1998
Amended as of May 1, 2001
Amended as of July 23, 2003
Amended and Restated May 4, 2004
Amended as of May 4, 2005
Amended and Restated Effective as of January 1, 2009
PURPOSE Danaher Corporation, a Delaware corporation (“ Danaher” or the “Company”), wishes to recruit, reward, and retain
key employees and outside directors. To further these objectives, the Company hereby sets forth the Danaher
Corporation 1998 Stock Option Plan (the “ Plan”), effective as of May 5, 1998, amended May 1, 2001, amended as
of July 23, 2003, and amended and restated May 4, 2004, to provide options (“ Options”) to employees to purchase
shares of the Company’s common stock (the “Common Stock”). The Company may also make direct grants of
Common Stock (“Restricted Stock Grants”) to participants as a bonus or other incentive or grant such stock in lieu of
Company obligations to pay cash under other plans or compensatory arrangements, including any deferred
compensation plans, and may also grant stock appreciation rights (“ SARs”), restricted stock units (“RSUs”), and
other stock-based awards (“Other Stock-Based Awards”). Grants of the various equity-related instruments are
“Awards.” The Plan constitutes an amendment to, and substitution for, the Danaher Corporation 1987 Stock Option
Plan (the “1987 Plan”).
PARTICIPANTS All Employees and non-Employee directors (“ Eligible Directors”) of Danaher and Eligible Subsidiaries are eligible for
Awards under this Plan. Eligible employees and directors become “optionees” or “recipients” when the Administrator
grants them, respectively, an Option or one of the other Awards under this Plan. Optionees and recipients are referred to
collectively as “participants.” The term “participant” also includes, where appropriate, a person authorized to exercise
an Option or hold or receive another Award in place of the intended original recipient.
“Employee” means any person employed as a common law employee of the Company or an Eligible Subsidiary.
ADMINISTRATOR The Administrator will be the Compensation Committee of the Board of Directors of Danaher (the “ Compensation
Committee”), unless the Board specifies another committee. The Board may also act under the Plan as though it were
the Compensation Committee.
Source: DANAHER CORP /DE/, 10-K, February 25, 2009 Powered by Morningstar® Document Research℠
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