Common use of Age 65 Clause in Contracts

Age 65. Notwithstanding the foregoing, the Time-Based Vesting Criteria applicable to all RSUs held by a Participant shall be deemed 100% satisfied upon the Participant’s attainment of age 65 while employed; provided that such RSUs shall remain subject to any applicable Performance Objective that remains unsatisfied as of such date.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

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Age 65. Notwithstanding the foregoing, the Time-Based Vesting Criteria applicable to all RSUs held by a Participant shall be deemed 100% satisfied upon the Participant’s attainment of age 65 while employed65; provided that such RSUs shall remain subject to any applicable Performance Objective that remains unsatisfied as of such date.

Appears in 2 contracts

Samples: Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

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Age 65. Notwithstanding the foregoing, the Time-Based Vesting Criteria applicable to all RSUs held by a Participant shall be deemed 100% satisfied upon the Participant’s attainment of age 65 while employed65; provided that such RSUs shall remain subject to any applicable Performance Objective that remains unsatisfied as of such date.

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

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