Danaher 2008 Annual Report Download - page 205

The Company will not issue fractional shares pursuant to the exercise of an Award. Any fractional share will be rounded
up and issued to the participant in a whole share.
PERSON WHO MAY
EXERCISE
During the participant’s lifetime and except as provided under TRANSFERS, ASSIGNMENTS, AND PLEDGES,
only the participant or his/her duly appointed guardian or personal representative may exercise or hold an Award (other
than nonforfeitable shares of Common Stock). After his/her death, his/her personal representative or any other person
authorized under a will or under the laws of descent and distribution may exercise any then exercisable portion of an
Award or hold any then nonforfeitable portion of any Award. If someone other than the original recipient seeks to exercise
or hold any portion of an Award, the Administrator may request such proof as it may consider necessary or appropriate
of the person’s right to exercise or hold the Award.
PERFORMANCE RULES Subject to the terms of the Plan, the Committee will have the authority to establish and administer Performance
Objectives with respect to such Awards as it considers appropriate, which Performance Objectives must be satisfied, as
the Committee specifies, before the participant receives or retains an Award or before the Award becomes nonforfeitable
or exercisable.
Performance Objectives will be based exclusively on one or more of the following financial measures determined based
on the Company and its Subsidiaries on a group-wide basis or on the basis of parent, Subsidiary, division, business
platform, or operating unit results:
earnings per share (on a fully diluted or other basis)
pretax or after tax net income,
operating income,
gross revenue,
profit margin,
stock price targets or stock price maintenance,
free cash flow,
cash flow,
return on equity,
return on capital,
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Source: DANAHER CORP /DE/, 10-K, February 25, 2009 Powered by Morningstar® Document Research℠
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