Danaher 2008 Annual Report Download - page 203

(ii) been convicted of, or pled guilty or no contest to, (1) a felony, (2) any misdemeanor (other than a traffic
violation) with respect to his/her employment, or (3) any other crime or activity that would impair his/her
ability to perform his/her duties or impair the business reputation of the Company or any Subsidiary
thereof;
(iii) refused or willfully failed to adequately perform any duties assigned to him/her; or
(iv) refused or willfully failed to comply with standards, policies or procedures of the Company or any
Subsidiary thereof, including without limitation the Company’s Standard of Conduct as amended from
time to time.
Disability For disability, the earlier of (i) the first anniversary of the participant’s termination of employment for disability
and (ii) 60 days after the participant no longer has a disability, where “ disability” means the inability to engage in
any substantial gainful activity by reason of any medically determinable physical or mental impairment that can
be expected to result in death or that has lasted or can be expected to last for a continuous period of not less than
twelve months; or
Death The date 12 months after the participant’s death.
If exercise is permitted after termination of employment, the Award will nevertheless expire as of the date that the former
employee violates any covenant not to compete or any other post—employment covenant (including without limitation
any nonsolicitation, nonpiracy of employees, nondisclosure, nondisparagement, works-made-for-hire or similar
covenants) in effect between the Company and any Subsidiary thereof, on the one hand, and the former employee on the
other hand.
Nothing in this Plan extends the term of an Award beyond the tenth anniversary of its Date of Grant, nor does anything
in this AWARD EXPIRATION section make an Award exercisable or nonforfeitable that has not otherwise become
exercisable or nonforfeitable.
AWARD CERTIFICATES Award Certificates will set forth the terms of each Award and will include such terms and conditions, consistent with
the Plan, as the Administrator may determine are necessary or advisable. To the extent the certificate is inconsistent with
the Plan, the Plan will govern. The Award Certificates may contain special rules. The Administrator may, in its
discretion, require Award agreements rather than certificates.
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Source: DANAHER CORP /DE/, 10-K, February 25, 2009 Powered by Morningstar® Document Research℠
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