Exhibit 10.F

1991 MASTER STOCK COMPENSATION
SECTION 2.05 - RESTRICTED STOCK AWARD

          AWARD AGREEMENT made this      day
of                                  by and between Donaldson Company, Inc.
(“Donaldson”) and ________________, an employee of Donaldson (“Employee”).

          In consideration of the mutual covenants hereinafter set forth and for
other good and valuable consideration the parties hereto agree as follows:

          1. Donaldson hereby grants to Employee ____________ shares of Common
Stock for no cash consideration subject to the following restrictions
(“Restricted Stock”):

          a. This Award is granted pursuant to the 1991 Master Stock
Compensation Plan of Donaldson (the “Master Plan”) and is subject to all of the
terms and conditions of such plan. Employee acknowledges receipt of a copy of
the Master Plan.

          b. Date of grant shall be                   (“Grant Date”).

          c. Restricted Stock may not be sold, assigned, hypothecated or
transferred (including without limitation, transfer by gift or donation) until
the fifth anniversary of the Grant Date (“Restriction Period”).

          d. Shares subject to the Restricted Stock Award shall be forfeited to
Donaldson if, within the Restriction Period employment of Employee by Donaldson
terminates for any reason (including without limitation termination by
Donaldson, with or without cause) other than for reasons of death, normal
retirement, long-term disability.

          e. Upon termination of Employee’s employment within the Restriction
Period by reason of death, normal retirement or long-term disability the
restrictions hereinabove imposed shall lapse for that number of shares obtained
by multiplying the Award by a fraction formed from

--------------------------------------------------------------------------------

dividing the full number of months of Employee’s employment since the Grant Date
by sixty. The remainder of the shares shall be forfeited to Donaldson.

          f. Notwithstanding anything herein to the contrary such restrictions
shall lapse and all of the shares shall become fully vested in the event of a
Change in Control as provided in the Master Plan.

          2. Employee shall have the right to vote the shares of Restricted
Stock and receive cash and stock dividends on such shares.

          3. The certificate(s) evidencing shares of Restricted Stock shall be
held in custody by Donaldson (attention of the Secretary) until the restrictions
have lapsed.

          4. Donaldson and Employee recognize that this Agreement in no way
restricts the right of Donaldson to terminate Employee’s employment at any time.

          IN WITNESS WHEREOF, Donaldson and Employee have duly executed this
Agreement as of the day and year first above written.

 

 

DONALDSON COMPANY, INC.

EMPLOYEE

________________________________

________________________________

 

 

          Its_________________________________

 

 

 

P2035

 

--------------------------------------------------------------------------------