Document:

Supplemental Indenture, dated March 5, 2009

 Exhibit 4.1 
 Execution Copy 
 DANAHER CORPORATION 
 AND 
 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., 
 as Trustee 
  
  
 SUPPLEMENTAL INDENTURE 
 Dated as of March 5, 2009 
  
  

 THIS SUPPLEMENTAL INDENTURE (this “Supplemental Indenture “), dated as of March 5,
2009, is between DANAHER CORPORATION, a Delaware corporation (the “Company”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as Trustee (the “Trustee”). 
 RECITALS 
 WHEREAS, the Company has
heretofore executed and delivered to the Trustee an Indenture dated as of December 11, 2007, between the Company and the Trustee (the “Base Indenture” and together with this Supplemental Indenture, the
“Indenture”), providing for the issuance from time to time of series of the Company’s Securities; 
 WHEREAS,
Section 901 (7) of the Base Indenture provides for the Company and the Trustee to enter into an indenture supplemental to the Base Indenture to establish the forms or terms of Securities of any series as permitted by Section 201 or
Section 301 of the Base Indenture; 
 WHEREAS, pursuant to Section 301 of the Base Indenture, the Company wishes to provide for the
issuance of a new series of Securities to be known as its 5.40% Senior Notes due 2019 (the “Notes”), the form and terms of such Notes and the terms, provisions and conditions thereof to be set forth as provided in this Supplemental
Indenture; and 
 WHEREAS, the Company has requested that the Trustee execute and deliver this Supplemental Indenture and all requirements
necessary to make this Supplemental Indenture a valid, binding and enforceable instrument in accordance with its terms, and to make the Notes, when executed by the Company and authenticated and delivered by the Trustee, the valid, binding and
enforceable obligations of the Company, have been done and performed, and the execution and delivery of this Supplemental Indenture has been duly authorized in all respects; 
 NOW, THEREFORE, in consideration of the covenants and agreements set forth herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 ARTICLE 1 
 DEFINITIONS 
 Section 1.01
Relation to Base Indenture. This Supplemental Indenture constitutes an integral part of the Base Indenture. 
 Section 1.02 Definition Of Terms. For all purposes of this Supplemental Indenture: 
 (a) Capitalized terms
used herein without definition shall have the meanings set forth in the Base Indenture; 
 (b) a term defined anywhere in this
Supplemental Indenture has the same meaning throughout; 
 (c) the singular includes the plural and vice versa; 
 (d) headings are for convenience of reference only and do not affect interpretation; 
 (e) the following terms have the meanings given to them in this Section 1.02(e): 

 “Business Day” shall mean any calendar day that is not a Saturday, Sunday or legal
holiday in New York, New York and on which commercial banks are open for business in New York, New York. 
 “Change of
Control” means the occurrence of any of the following: (1) the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that any Person (other than the Company or one of its
subsidiaries) becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the Company’s voting stock or other voting stock into which the Company’s voting stock is
reclassified, consolidated, exchanged or changed, measured by voting power rather than number of shares; (2) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or more
series of related transactions, of all or substantially all of the Company’s assets and the assets of its subsidiaries, taken as a whole, to one or more Persons (other than the Company or one of its subsidiaries); or (3) the first day on
which a majority of the members of our Board of Directors are not Continuing Directors. Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control if (1) the Company becomes a direct or indirect wholly-owned
subsidiary of a holding company and (2)(A) the direct or indirect holders of the voting stock of such holding company immediately following that transaction are substantially the same as the holders of the Company’s voting stock
immediately prior to that transaction or (B) immediately following that transaction no Person (other than a holding company satisfying the requirements of this sentence) is the beneficial owner, directly of indirectly, of more than 50% of the
voting stock of such holding company. 
 “Change of Control Offer” shall have the meaning set forth in
Section 3.02. 
 “Change of Control Payment” shall have the meaning set forth in Section 3.02. 
 “Change of Control Payment Date” shall have the meaning set forth in Section 3.02. 
 “Change of Control Triggering Event” shall mean the occurrence of both a Change of Control and a Rating Event. 
 “Comparable Treasury Issue” shall mean the United States Treasury security selected by the Quotation Agent as having an actual or
interpolated maturity comparable to the remaining term (“Remaining Life”) of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of
corporate debt securities of comparable maturity to the Remaining Life of such Notes. 
 “Comparable Treasury Price” shall
mean, with respect to any Redemption Date, (A) the average of four Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest such Reference Treasury Dealer Quotations, or (B) if the Company
obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations or, (C) if only one such Reference Treasury Dealer Quotation is received, such Reference Treasury Dealer Quotation.

 “Continuing Directors” means, as of any date of determination, any member of our Board of Directors who (1) was a
member of such Board of Directors on the date the Notes were issued or (2) was nominated for election, elected or appointed to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of
Directors at the time of such nomination, election or appointment (either by a specific vote or by approval of the Company’s proxy statement in which such member was named as a nominee for election as a director, without objection to such
nomination). 
  

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 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

“Global Note” shall have the meaning set forth in Section 2.04. 
 “Interest Payment Date” shall have the meaning set forth in Section 2.05(b). 
 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent)
by S&P; and, the equivalent investment grade credit rating from any additional rating agency or rating agencies selected by the Company. 
 “Maturity Date” shall have the meaning set forth in Section 2.02. 
 “Moody’s” shall
mean Moody’s Investors Service Inc. 
 “Optional Redemption Price” shall have the meaning set forth in
Section 3.01. 
 “Person” has the meaning set forth in the Base Indenture and includes a “person” or
“group” as these terms are used in Section 13(d)(3) of the Exchange Act. 
 “Quotation Agent” means the
Reference Treasury Dealer appointed by the Company. 
 “Rating Agency” shall mean (1) each of Moody’s and S&P;
and (2) if either of Moody’s or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Company’s control, a “nationally recognized statistical rating
organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act selected by the Company (as certified by a resolution of our Board of Directors) as a replacement agency for Moody’s or S&P, or both of them, as the
case may be. 
 “Rating Event” means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are
rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by
any of the Rating Agencies) after the earlier of (1) the occurrence of a Change of Control and (2) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided,
however, that a Rating Event otherwise arising by virtue of a particular reduction in rating will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the
definition of Change of Control Triggering Event) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not announce or publicly confirm or inform the Trustee in writing at the Company’s or its
request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control has occurred at
the time of the Rating Event). 
 “Record Date” shall mean, with respect to any Interest Payment Date for the Notes, the
fifteenth calendar day, whether or not a Business Day, of the month immediately preceding the month in which the Interest Payment Date falls. 
 “Redemption Date” shall mean, with respect to any redemption of Notes, the date fixed for such redemption pursuant to the Indenture and such Notes. 
 “Reference Treasury Dealer” means (i) Banc of America Securities LLC, Deutsche Bank Securities Inc. and Goldman, Sachs &
Co. (or their respective affiliates that are Primary Treasury Dealers) and their respective successors; provided, however, that if any of the foregoing shall cease to be 

  

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a primary U.S. Government securities dealer in the United States of America (a “Primary Treasury Dealer”), the Company will substitute
therefor another Primary Treasury Dealer, and (ii) any other Primary Treasury Dealer selected by the Company. 
 “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a
percentage of its principal amount) quoted in writing to the Company by the Reference Treasury Dealer at 3:30 p.m., New York City time, on the third Business Day preceding such Redemption Date. 
 “S&P” means Standard & Poor’s Rating Services, a division of The McGraw-Hill Companies, Inc. 
 “Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity or
interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price of such Redemption Date. 

“Voting Stock” means, with respect to any specified Person as of any date, the capital stock of such Person that is at the time
entitled to vote generally in the election of the Board of Directors or similar governing body of such Person. 
 The terms
“Company,” “Trustee,” “Indenture,” “Base Indenture,” and “Notes” shall have the respective meanings set forth in the recitals to this Supplemental Indenture and the
paragraph preceding such recitals. 
 ARTICLE 2 
 GENERAL TERMS AND CONDITIONS OF THE NOTES 
 Section 2.01 Designation and Principal
Amount. The Notes may be issued from time to time upon written order of the Company for the authentication and delivery of Notes pursuant to Section 303 of the Base Indenture. There is hereby authorized a series of Securities designated as
the 5.40% Senior Notes due 2019, limited in aggregate principal amount to U.S. $750,000,000 (except upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 304, 305, 306, 906 or 1107 of the Base
Indenture). 
 Section 2.02 Maturity. The date upon which the Notes shall become due and payable at final maturity,
together with any accrued and unpaid interest, is March 1, 2019 (the “Maturity Date”). 
 Section 2.03
Form, Payment and Appointment. Except as provided in Section 2.04, the Notes shall be issued in fully registered, certificated form. Principal of and interest on the Notes will be payable, the transfer of such Notes will be
registrable, and such Notes will be exchangeable for Notes of a like aggregate principal amount, at the office or agency of the Company maintained for such purpose in Chicago, Illinois, which shall initially be the principal office of the Trustee;
provided, however, that payment of interest may be made at the option of the Company by check mailed to the Person entitled thereto at such address as shall appear in the Security register or by wire transfer to an account appropriately designated
by the Person entitled to payment; provided, that the paying agent shall have received written notice of such account 

  

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designation at least five Business Days prior to the date of such payment (subject to surrender of the relevant Note in the case of a payment of interest on
a Redemption Date or the Maturity Date). 
 No service charge shall be made for any registration of transfer or exchange of the Notes, but
the Company may require payment from the holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. 
 The Security Registrar and Paying Agent for the Notes shall initially be the Trustee. 
 The Notes shall be
issuable in denominations of U.S. $2,000 and integral multiples of U.S. $1,000 in excess thereof. 
 The specified currency of the Notes
shall be U.S. Dollars. 
 Section 2.04 Global Notes. The Notes shall be issued initially in the form of a permanent Global
Security in registered form (a “Global Note”), deposited with The Depository Trust Company or such other Depositary as any officer of the Company may from time to time designate. Unless and until such Global Note is exchanged for
Notes in certificated form, such Global Note may be transferred, in whole but not in part, and any payments on the Notes shall be made only to the Depositary or a nominee of the Depositary, or to a successor Depositary selected or approved by the
Company or to a nominee of such successor Depositary. 
 Section 2.05 Interest. (a) Interest payable on any
Interest Payment Date, the Maturity Date or, if applicable, the Redemption Date, with respect to the Notes shall be the amount of interest accrued from, and including, the immediately preceding Interest Payment Date in respect of which interest has
been paid or duly provided for (or from and including the original issue date of March 5, 2009, if no interest has been paid or duly provided for with respect to the Notes) to, but excluding, such Interest Payment Date, Maturity Date or, if
applicable, Redemption Date, as the case may be (each, an “Interest Period”). 
 (b) The Notes will bear interest at
the rate of 5.40% per year from the original issue date thereof through and including the Maturity Date. Interest on the Notes shall be payable semi-annually in arrears on March 1 and September 1 of each year (each, an
“Interest Payment Date”), commencing September 1, 2009, to the Persons in whose names the relevant Notes are registered at the close of business on the Record Date for such Interest Payment Date, except as provided in
Section 2.05(d). 
 (c) The amount of interest payable for any full semi-annual Interest Period will be computed on the basis of
a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full semi-annual Interest Period for which interest is computed will be computed on the basis of a 30-day month and, for any period less
than a month, on the basis of the actual number of days elapsed per 30-day month. In the event that any scheduled Interest Payment Date for the Notes falls on a day that is not a Business Day, then payment of interest payable on such Interest
Payment Date will be postponed to the next succeeding day which is a Business Day (and no interest on such payment will accrue for the period from and after such scheduled Interest Payment Date). 
 (d) In the event that the Maturity Date or a Redemption Date for any Note falls on a day that is not a Business Day, then the related payments of
principal, premium, if any, and interest may be made on the next succeeding day that is a Business Day (and no additional interest will accumulate on the amount payable for the period from and after the Maturity Date). Interest due on the Maturity
Date or a 

  

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Redemption Date (in each case, whether or not an Interest Payment Date) of any Notes will be paid to the Person to whom principal of such Notes is payable.

 Section 2.06 No Sinking Fund. The Notes are not entitled to the benefit of any sinking fund. 
 ARTICLE 3 
 REDEMPTION OF THE NOTES 

Section 3.01 Optional Redemption by Company. Except as otherwise may be specified in this Supplemental Indenture, the Company shall
have the right to redeem the Notes, in whole or in part, at any time or from time to time, at its option, at a redemption price (the “Optional Redemption Price”) equal to the greater of: 
 (i) 100% of the principal amount of the Notes to be redeemed; or 
 (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of such payments of interest accrued as of the Redemption Date), discounted to the
Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 40 basis points, 
 plus in
each case accrued interest thereon to, but excluding, the Redemption Date. Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a Redemption Date will be payable
on the Interest Payment Date to the registered holders as of the close of business on the relevant Record Date. 
 The Company will mail
notice of such redemption to the registered holders of the Notes to be redeemed not less than 30 nor more than 60 days prior to the Redemption Date. If the Notes are only partially redeemed pursuant to this Section 3.01, the Notes to be
redeemed will be selected by the Trustee in such manner as in its sole discretion it shall deem appropriate and fair; provided, that if at the time of redemption the Notes to be redeemed are registered as a Global Note, the Depositary shall
determine, in accordance with its procedures, the principal amount of the Notes to be redeemed held by each of its participants that holds a position in such Notes. The Optional Redemption Price shall be paid prior to 12:00 noon, New York City time,
on the Redemption Date or at such later time as is then permitted by the rules of the Depositary for the Notes (if then registered as a Global Note); provided, that the Company shall deposit with the Trustee an amount sufficient to pay the
Optional Redemption Price by 10:00 a.m., New York City time, on the date such Optional Redemption Price is to be paid. 
 If money sufficient
to pay the redemption price of all of the Notes (or portions thereof) to be redeemed on the Redemption Date is deposited with the Trustee or paying agent on or before the Redemption Date and certain other conditions are satisfied, then on and after
such Redemption Date, interest will cease to accrue on such Notes (or such portion thereof) called for redemption. 
 Section 3.02
Change of Control Triggering Event. If a Change of Control Triggering Event occurs, unless the Company has exercised its right to redeem the Notes as described in Section 3.01, holders of Notes will have the right to require the
Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of their Notes pursuant to the offer described below (the “Change of Control Offer”) on the terms set forth in the Notes. In
the Change of Control Offer, the Company will be required to offer payment in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, if any, on the Notes repurchased to the date of purchase (the
“Change of Control Payment”). Within 30 days following any Change of Control Triggering Event, or, at 

  

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the Company’s option, prior to the date of the consummation of any Change of Control, but after public announcement of the transaction that constitutes
or may constitute the Change of Control, the Company will be required to mail a notice to holders of Notes, with a copy to the Trustee, describing the transaction or transactions that constitute or may constitute the Change of Control Triggering
Event and offering to repurchase the Notes on the date specified in the notice, which date will be no earlier than 30 days and no later than 60 days from the date such notice is mailed (the “Change of Control Payment Date”),
pursuant to the procedures required by the Notes and described in such notice. The notice shall, if mailed prior to the date of the consummation of the Change of Control, state that the offer to purchase is conditioned on the Change of Control
Triggering Event occurring on or prior to the Change of Control Payment Date. The Company must comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and
regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control Triggering
Event provisions of the Notes, the Company will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under this Section 3.02 or the Change of Control Triggering Event provisions of
the Notes by virtue of such conflicts. 
 On the Change of Control Payment Date, the Company will be required, to the extent lawful, to:

 (i) accept for payment all Notes or portions of Notes properly tendered pursuant to the Change of Control Offer; 
 (ii) deposit with the Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered; and

 (iii) deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the
aggregate principal amount of Notes or portions of Notes being repurchased. 
 The Paying Agent will promptly mail to each holder of Notes properly tendered
the purchase price for the Notes, and the Trustee will promptly authenticate and mail (or cause to be transferred by book-entry) to each holder a new Note equal in principal amount to any unpurchased portion of any Notes surrendered; provided
that each new Note will be in a principal amount of U.S. $2,000 or an integral multiple of U.S. $1,000 in excess thereof. The Company will not be required to make an offer to repurchase the Notes upon a Change of Control Triggering Event if a third
party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Company and such third party purchases all Notes properly tendered and not withdrawn under its offer. In addition, the
Company will not repurchase any Notes if there has occurred and is continuing on the Change of Control Payment Date an Event of Default under the Indenture, other than a default in the payment of the Change of Control Payment upon a Change of
Control Triggering Event. 
  

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 ARTICLE 4 
 FORM OF NOTES 
 Section 4.01 Form of Notes. The Notes and the Trustee’s Certificate
of Authentication to be endorsed thereon are to be substantially in the forms attached as Exhibit A hereto, with such changes therein as the officers of the Company executing the Notes (by manual or facsimile signature) may approve, such approval to
be conclusively evidenced by their execution thereof. 
 ARTICLE 5 
 ORIGINAL ISSUE OF NOTES 
 Section 5.01 Original Issue of Notes.
Notes of this series having an initial aggregate principal amount of U.S. $750,000,000 may from time to time, upon execution of this Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee
shall thereupon authenticate and deliver said Notes to or upon the written order of the Company pursuant to Section 303 of the Base Indenture without any further action by the Company (other than as required by the Base Indenture). 

ARTICLE 6 
 PARTICULAR COVENANTS OF THE
COMPANY 
 In addition to the covenants set forth in Article 10 of the Base Indenture, the Notes shall include the following additional
covenants, and such additional covenants shall be subject to covenant defeasance pursuant to Section 1303 of the Base Indenture. 
 Section 6.01 Further Instruments and Acts. The Company shall execute and deliver to the Trustee such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the
purpose of the Indenture. 
 ARTICLE 7 
 SUPPLEMENTAL INDENTURES 
 Section 7.01 Supplemental Indentures with Consent of Holders of Notes. As set forth in
Section 902 of the Base Indenture, with the consent of the holders of a majority in the aggregate principal amount of Securities of each series affected by such supplemental indenture at the time Outstanding, the Company and the Trustee may
from time to time and at any time enter into an indenture or indentures supplemental to the Base Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Base Indenture or this
Supplemental Indenture or of modifying in any manner the rights of the holders of the Securities. 
 ARTICLE 8 
 MISCELLANEOUS 
 Section 8.01
Ratification of Indenture. The Base Indenture, as supplemented by this Supplemental Indenture, is in all respects ratified and confirmed, and this Supplemental Indenture shall be deemed part of the Base Indenture in the manner and to the
extent herein and therein provided. 
  

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 Section 8.02 Trustee Not Responsible for Recitals. The recitals herein contained are
made by the Company and not by the Trustee, and the Trustee assumes no responsibility for the correctness thereof. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture. 
 Section 8.03 New York Law To Govern. THIS SUPPLEMENTAL INDENTURE AND EACH NOTE SHALL BE DEEMED TO BE A CONTRACT MADE UNDER THE LAWS OF
THE STATE OF NEW YORK, AND FOR ALL PURPOSES SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF SAID STATE. 
 Section 8.04
Separability. In case any one or more of the provisions contained in this Supplemental Indenture or in the Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, then, to the extent permitted by law,
such invalidity, illegality or unenforceability shall not affect any other provisions of this Supplemental Indenture or of the Notes, but this Supplemental Indenture and the Notes shall be construed as if such invalid or illegal or unenforceable
provision had never been contained herein or therein. 
 Section 8.05 Counterparts. This Supplemental Indenture may be
executed in any number of counterparts each of which shall be an original, but such counterparts shall together constitute but one and the same instrument. 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, as of
the day and year first written above. 
  

			
	DANAHER CORPORATION
		
	By:	 	 /s/ Daniel L. Comas

	Name:	 	Daniel L. Comas
	Title:	 	Executive Vice President and Chief Financial Officer
	
	 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
 as Trustee

		
	By:	 	 /s/ J. Bartolini

	Name:	 	J. Bartolini
	Title:	 	Vice President

 EXHIBIT A 
 [IF THIS NOTE IS TO BE A GLOBAL SECURITY, INSERT:] 
 THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND
IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), OR A NOMINEE OF DTC. THIS NOTE IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN DTC OR ITS NOMINEE ONLY IN THE
LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY DTC TO A NOMINEE OF DTC OR BY A NOMINEE OF DTC TO DTC OR ANOTHER NOMINEE OF DTC. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DTC TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE,
OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 DANAHER CORPORATION 
 5.40% Senior Note due 2019 
  

					
	No.             	  		  	U.S. $             

 CUSIP: 235851 AH5 
 Danaher Corporation, a corporation duly organized and existing under the laws of Delaware (herein called the “Company”, which term includes any successor Person under the Indenture hereinafter
referred to) , for value received, hereby promises to pay to                     , or registered assigns, the principal sum set forth in the
Schedule of Increases or Decreases in Note attached hereto on March 1, 2019, and to pay interest thereon from March 5, 2009 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually
on March 1 and September 1 in each year, commencing September 1, 2009 at the rate of 5.40% per annum, until the principal hereof is paid or made available for payment. Interest shall be computed on the basis of a 360-day year of
twelve 30-day months. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more predecessor Notes) is registered
at the close of business on the Regular Record Date for such interest, which shall be the February 15 or August 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more predecessor Notes) is registered at the close of business
on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any
other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

  

 A-1 

 Payment of the principal of (and premium, if any) and interest on this Note will be made at the office or
agency of the Company maintained for that purpose in Chicago, Illinois, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option
of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer to an account maintained by the Person entitled thereto as
specified in the Security Register. 
 Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which
further provisions shall for all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 
  

 A-2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 
  

					
	Dated:                             	 		 	
		
		 	 DANAHER CORPORATION

			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Notes of the series designated therein described in the within-mentioned Indenture. 
 Dated:                              
  

			
	 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
 as Trustee

		
	By:	 	  

		 	Authorized Officer

  

 A-3 

 REVERSE OF NOTE 
 This Note is one of a duly authorized issue of Securities of the Company (herein called the “Notes”), issued and to be issued in one or more series under a Base Indenture, dated as of
December 11, 2007 (herein called the “Base Indenture”, which term shall have the meaning assigned to it in such instrument), between the Company and, The Bank of New York Mellon Trust Company, N.A., as Trustee (herein called
the “Trustee”, which term includes any successor trustee under the Indenture), as amended and supplemented by the Supplemental Indenture, dated as of March 5, 2009 (herein called the “Supplemental Indenture”,
which term shall have the meaning assigned to it in such instrument, and together with the Base Indenture, herein called the Indenture) and reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights,
duties and immunities thereunder of the Company, the Trustee and the Holders of the Notes and of the terms upon which the Notes are, and are to be authenticated and delivered. This Note is one of the series designated on the face hereof initially
limited in aggregate principal amount to $750,000,000. The Notes are unsecured general obligations of the Company. 
 The Company shall have
the right to redeem the Notes, in whole or in part, at any time or from time to time, at its option, at a redemption price (the “Optional Redemption Price”) equal to the greater of: 
 (i) 100% of the principal amount of the Notes to be redeemed; or 
 (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of such payments of interest accrued as of the Redemption Date), discounted to the
Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 40 basis points, 
 plus in
each case accrued interest thereon to, but excluding, the Redemption Date. Notwithstanding the foregoing, installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a Redemption Date will be payable
on the Interest Payment Date to the registered holders as of the close of business on the relevant Record Date. 
 The Company will mail
notice of such redemption to the registered holders of the Notes to be redeemed not less than 30 nor more than 60 days prior to the Redemption Date. If Notes are only partially redeemed pursuant to Section 3.01 of the Supplemental Indenture,
the Notes to be redeemed will be selected by the Trustee in such manner as in its sole discretion it shall deem appropriate and fair; provided, that if at the time of redemption the Notes to be redeemed are registered as a Global Note, the
Depositary shall determine, in accordance with its procedures, the principal amount of the Notes to be redeemed held by each of its participants that holds a position in such Notes. The Optional Redemption Price shall be paid prior to 12:00 noon,
New York City time, on the Redemption Date or at such later time as is then permitted by the rules of the Depositary for the Notes (if then registered as a Global Note); provided, that the Company shall deposit with the Trustee an amount
sufficient to pay the Optional Redemption Price by 10:00 a.m., New York City time, on the date such Optional Redemption Price is to be paid. 
 If money sufficient to pay the redemption price of all of the Notes (or portions thereof) to be redeemed on the Redemption Date is deposited with the Trustee or Paying Agent on or before the Redemption Date and certain other conditions are
satisfied, then on and after such Redemption Date, interest will cease to accrue on such Notes (or such portion thereof) called for redemption. 
 In the event of redemption of this Note in part only, a new Note or Notes of this series for the unredeemed portion hereof shall be issued in the name of the holder hereof upon the cancellation hereof. 
  

 A-4 

 Except as set forth in the preceding paragraphs and in Article 3 of the Supplemental Indenture, the
Company may not redeem the Notes of this series at its option prior to the Maturity Date. 
 If a Change of Control Triggering Event occurs,
unless the Company has exercised its right to redeem the Notes as described in Section 3.01 of the Supplemental Indenture, holders of Notes will have the right to require the Company to repurchase all or any part (equal to $2,000 or an integral
multiple of $1,000 in excess thereof) of their Notes pursuant to the offer described below (the “Change of Control Offer”) on the terms set forth in the Notes. In the Change of Control Offer, the Company will be required to offer
payment in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, if any, on the Notes repurchased to the date of purchase (the “Change of Control Payment”). Within 30 days
following any Change of Control Triggering Event, or, at the Company’s option, prior to the date of the consummation of any Change of Control, but after public announcement of the Change of Control, the Company will be required to mail a notice
to holders of the Notes, with a copy to the Trustee, describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase the Notes on the date specified in the notice, which
date will be no earlier than 30 days and no later than 60 days from the date such notice is mailed (the “Change of Control Payment Date”), pursuant to the procedures required by the Indenture and described in such notice. The notice
shall, if mailed prior to the date of the consummation of the Change of Control, state that the offer to purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the Change of Control Payment Date. The Company must
comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change
of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control Triggering Event provisions of the Notes, the Company will comply with the applicable securities laws and
regulations and will not be deemed to have breached its obligations under the Change of Control Triggering Event provisions of the Notes by virtue of such conflicts. 
 On the Change of Control Payment Date, the Company will be required, to the extent lawful, to: 
 (i) accept
for payment all Notes or portions of Notes properly tendered pursuant to the Change of Control Offer; 
 (ii) deposit with the paying agent
an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered; and 
 (iii) deliver or
cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being repurchased. 
 The Paying Agent will promptly mail to each holder of Notes properly tendered the Change of Control Payment for the Notes, and the Trustee will promptly
authenticate and mail (or cause to be transferred by book-entry) to each holder a new Note equal in principal amount to any unpurchased portion of any Notes surrendered; provided that each new Note will be in a principal amount of $2,000 or an
integral multiple of $1,000 in excess thereof. The Company will not be required to make an offer to repurchase the Notes upon a Change of Control Triggering Event if a third party makes such an offer in the manner, at the times and otherwise in
compliance with the requirements for an offer made by the Company and such third party purchases all Notes properly tendered and not withdrawn under its offer. In addition, the Company will not repurchase any Notes if there has occurred and is
continuing on the Change of Control Payment Date an Event of Default under the Indenture, other than a default in the payment of the Change of Control Payment upon a Change of Control Triggering Event. 
  

 A-5 

 The Notes of this series are not entitled to the benefit of any sinking fund. 
 The Indenture contains provisions for defeasance and discharge and for defeansance at any time of certain restrictive covenants and Events of Default
with respect to this Note upon compliance with certain conditions set forth in the Indenture. 
 If an Event of Default with respect to Notes
of this Series shall occur and be continuing, the principal of the Notes of this series may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the
Company and the rights of the holders of the Notes of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Notes at the time Outstanding of
each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Notes of each series at the time Outstanding, on behalf of the Holders of all Notes of such series, to
waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and
upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. 
 As provided in and subject to the provisions of the Indenture, the Holder of this Note shall not have the right to institute any proceeding with respect
to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Notes of this series,
the Holders of not less than 25% in principal amount of the Notes of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Notes of this series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Note for the enforcement of any payment of principal hereof or any premium or interest
hereon on or after the respective due dates expressed herein. 
 No reference herein to the Indenture and no provision of this Note or of the
Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and any premium and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registrable in the
Security Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any place where the principal of and any premium and interest on this Note are payable, duly endorsed by, or accompanied by a
written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of
authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 
 The
Notes of this series are issuable only in registered form without coupons in denominations of $2,000 or an integral multiple of $1,000 thereof. As provided in the Indenture and subject to certain limitations therein set forth, Notes of this series
are exchangeable for a like aggregate principal amount of Notes of this series and of like tenor of a different authorized denomination, as requested by the Holder surrendering the same. 
  

 A-6 

 No service charge shall be made for any such registration of transfer or exchange, but the Company may
require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due
presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 
 THIS NOTE SHALL BE DEEMED TO
BE A CONTRACT MADE UNDER THE LAWS OF THE STATE OF NEW YORK, AND FOR ALL PURPOSES SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF SAID STATE. 
 All terms used in this Note which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 
  

 A-7 

 ASSIGNMENT 
 FOR VALUE RECEIVED, the undersigned assigns and transfers this Note to: 
  
  
  
  
 (Insert assignee’s social security or tax identification
number) 
  
  
  
  
  
  
 (Insert address and zip code of assignee) 
 and irrevocably appoints 
  
  
  
  
  
  
 agent to transfer this Note on the books of the Company. The agent
may substitute another to act for him or her. 
 Date:
                             
  

			
	Signature:	 	
	  

		
	Signature Guarantee:	 	  

 (Sign exactly as your name appears on the other side of this Note) 
  

 A-8 

 SIGNATURE GUARANTEE 
 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Security Registrar, which requirements include membership or participation in the Security Transfer Agent
Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Security Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of
1934, as amended. 
  

 A-9 

 SCHEDULE OF INCREASES OR DECREASES IN NOTE 
 The initial principal amount of this Note is U.S. $[500,000,000][250,000,000]. The following increases or decreases in the principal amount of this Note have been made:

  

									
	 Date
	 	 Amount of
 decrease in
 principal
amount
 of this Note
	 	 Amount of
 increase in
 principal
amount
 of this Note
	  	Principal amount
of this Note
following such
decrease or
increase	  	Signature of
authorized officer
or Trustee

  
  

 A-10Dynamic Details Incorporated 2009 Senior Management Bonus Program

 Exhibit 10.2 
 SUMMARY OF 
 DDi CORP. 
 2009 SENIOR MANAGEMENT BONUS PROGRAM 
 1. Purpose and Effective Date. The bonus
program, effective as of January 1, 2009, shall be known as the DDi Corp. 2009 Senior Management Bonus Program (the “Bonus Program”). It is a performance-based bonus program for the benefit of a select group of employees of
(a) DDi Corp., a Delaware corporation (“DDi Corp.”); (b) Dynamic Details, Incorporated, a California corporation and DDi Corp.’s principal operating subsidiary (“Dynamic Details”); and (c) any of the other
subsidiaries of DDi Corp. who are selected for participation as provided herein (“Participants”). The Bonus Program is intended to qualify as a compensation or bonus plan that is exempt from the application of the Employee Retirement
Income Security Act of 1974, as amended, by reason of Section 3 of such Act. Unless otherwise noted, the term the “Company” shall refer to DDi Corp. and/or any of its subsidiaries, as applicable. 
 2. Eligibility and Participation. Eligibility and participation shall be at the sole discretion of DDi Corp. In order to become a Participant eligible to
receive benefits, an employee must be selected for participation in the sole discretion of the Compensation Committee of the Board of Directors of DDi Corp. (the “Compensation Committee”). Management of DDi Corp. will notify in writing
those employees determined by the Compensation Committee to be eligible for participation in the Bonus Program. 
 3. Performance Bonus. The
Bonus Program is designed to encourage Participants to perform in a satisfactory manner over the course of calendar year 2009. The annual performance bonus (“Bonus”) payable to Participants who remain employed by the Company on the date
that bonuses are paid under the Bonus Program (the “Distribution Date”). The Bonus shall consist of two components, (i) a Target EBITDA Bonus, which is based upon the achievement of EBITDA from DDi Corp.’s consolidated operations
less the total amount of bonus payments awarded under the Bonus Program (“Net EBITDA”), and (ii) a Target Performance Bonus, which is based on the achievement of job-specific performance objectives of each Participant and further
limited by the Company having achieved its Net EBITDA objective. 
 (a) Administration of Bonus Program. The Compensation Committee
shall administer the Bonus Program. For fiscal year 2009, the Compensation Committee shall review and approve the target Net EBITDA, and, with respect to each Participant, the maximum Target EBITDA Bonus, the maximum Target Performance Bonus,
job-specific performance objectives and a mechanism for calculating the percent completion of such performance objectives (“Performance Percent Complete”). In describing job-specific performance objectives, the Compensation Committee and
the Company shall use best efforts to ensure that such objectives are written, disclosed to the Participant, quantitatively measurable, and capable of being objectively evaluated. 
 (b) Target EBITDA Bonuses. Participants shall be eligible to receive a Target EBITDA Bonus hereunder only to the extent that the Company’s
“Net EBITDA %” (actual Net EBITDA measured by DDi Corp. divided by target Net EBITDA) is equal to or greater than 80% (seventy percent). The Target EBITDA Bonus for each Participant shall be equal to the Participant’s maximum Target
EBITDA Bonus multiplied by the applicable “% Target EBITDA Bonus,” as per the table set forth on Appendix A attached hereto. For purposes of the Bonus Program, Net EBITDA shall not include the impact of non-recurring charges or
gains, consistent with the approach used for reporting “Adjusted EBITDA” in DDi Corp.’s quarterly earnings releases. A Participant shall not be eligible to receive a Target EBITDA Bonus if the Participant fails to achieve at least 50%
(fifty percent) of his or her personal performance goals for calendar year 2009. 
  

 1 

 (c) Target Performance Bonuses. Participants shall be eligible to receive a Target Performance
Bonus only to the extent that the Net EBITDA % exceeds 50% (fifty percent). The Target Performance Bonus for each Participant shall be equal to the Participant’s maximum Target Performance Bonus multiplied by (i) the Participant’s
Performance Percent Complete multiplied by (ii) the applicable % Target Performance Bonus as per the table set forth on Appendix A attached hereto. 
 (d) Committee Discretion. The Compensation Committee shall have the sole discretion and authority to make further adjustments to the Company’s Net EBITDA which will be used to calculate the Bonuses under
the Bonus Program to take into account, as well as to disregard, any events that the Compensation Committee considers extraordinary. The Compensation Committee shall have discretion to grant discretionary bonuses to Participants in the event that
the Company achieves Net EBITDA of more than 126% or more of the Company’s Net EBITDA objective. The Compensation Committee shall also have discretion to grant discretionary bonuses to Participants based upon individual performance or the
occurrence of events that the Compensation Committee considers extraordinary. 
 (e) Form and Time of Payment. The Bonus
payable to a Participant hereunder shall be paid as soon as administratively practicable following the completion of the audit of the Company’s 2009 financial statements by the Company’s independent registered public accounting firm, but
in no event shall such Distribution Date be later than March 31, 2010. The payment of each bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, as and when
those taxes become due and payable. 
 (f) Satisfactory Performance Required. The Bonus is contingent on satisfactory service
through the Distribution Date (except as otherwise expressly set forth in section 4(c), below) and on terms and conditions specified herein. Notwithstanding any provisions of the Bonus Program to the contrary, the Company retains the right to
reduce, eliminate or otherwise modify the Bonus for any Participant if at any time during calendar year ended December 31, 2009 (the “Bonus Period”), senior management of Dynamic Details, in their sole judgment, determines that such
Participant’s performance is substandard. 
 (g) Corporate Transactions and Change of Control. The obligations of the Bonus
Program shall be binding on any employer that acquires, through a stock purchase or merger, or through an asset purchase, or otherwise, part or all of DDi Corp. or an employer following a Change of Control. A “Change of Control” means
(i) the acquisition of 50% or more of each class of the outstanding shares of the Company by a third party which is not a member of a “Controlled Group” (within the meaning of the Internal Revenue Code) including DDi Corp. (ii) a
merger, consolidation or other reorganization of DDi Corp. (other than reincorporation), if after giving effect to such merger, consolidation, or other reorganization, the shareholders of DDi Corp. immediately prior to such merger, consolidation, or
other reorganization do not represent a majority in interest of the holders of voting securities (on a fully diluted basis) with the ordinary power to elect directors of the surviving entity after such merger, consolidation or other reorganization;
or (iii) the sale of all or substantially all of the assets of the DDi Corp. to a third party who is not a member of a Controlled Group (within the meaning of the Internal Revenue Code) including DDi Corp. 
 4. Termination of Participation; Other Events; Pro Rata Payments 
 (a) Events. A Participant’s participation in the Bonus Program shall automatically terminate, without notice to or consent by such Participant, upon the first to occur of the following events with respect
to such Participant: 
  

 2 

	 	(i)	Involuntary termination of employment; 

  

	 	(ii)	Voluntary Resignation; 

  

	 	(iii)	Death; or 

  

	 	(iv)	Disability. 

 (b) Effect of Termination For Cause or
Resignation without Good Reason. In the event that, prior to the Distribution Date, a Participant’s employment is terminated by the Company for Cause or a Participant voluntarily terminates employment with the Company other than for Good
Reason, the Participant shall forfeit his or her entire right to any Bonus hereunder. 
 (c) Effect of Other Events; Pro Rata
Payments. Pro rata payments will be made only in the following circumstances and calculated in the manner specified herein: 
 (i)
Termination by the Company for reasons other than Cause, Termination because of Death or Disability, or Resignation For Good Reason. In the event a Participant’s employment is terminated prior to the Distribution Date for any reason
other than Cause, by death or Disability or in the event that a Participant resigns for Good Reason, the Participant shall be entitled to receive a pro-rata amount of the portion of the Bonus calculated as the product of the Bonus (as determined
pursuant to section 3.a above) multiplied by a fraction, the numerator equal to the number days from January 1, 2009 through the termination date of Participant’s employment with the Company, and the denominator being 365. In addition, the
Company, in consultation with (and upon approval by) the Compensation Committee, shall review the payments to be made to Participants who are terminated due to death or Disability, and when appropriate, may award the full amount of the Bonus to such
Participants giving full consideration to the value contributed both before and during the Bonus Period. 
 (ii) Employees on Leave. If
a Participant is on an approved leave of absence during the Bonus Period, he or she will receive a pro rata Bonus based on the time actually worked during the Bonus Period, as calculated by senior management of DDi Corp. in its reasonable discretion
and approved by the Compensation Committee. 
 (iii) Promoted Employees. Participants who are hired or promoted to replace Participants
participating in the Bonus Program who voluntarily terminated their own employment or who were terminated for Cause (as defined below) may be selected for participation and eligible for payments under the Bonus Program on a pro-rata basis, at the
sole discretion of the Compensation Committee, if an officer of DDi Corp. (as such term is defined under the Securities Exchange Act of 1934, as amended), and in all other cases by the senior management of DDi Corp. 
 (iv) Change of Control. In the event of a Change of Control, fifty percent (50%) of the Bonus shall be guaranteed if the Participant remains
employed by the Company or its successor on the Distribution Date. 
 (d) Definitions. For purposes of the Bonus Program, the following terms
shall have the following meaning: 
 (i) “Cause”, with respect to any Participant (including those with Employment Agreements) shall
be defined as the Participant’s: 
  

 3 

	 	(A)	willful refusal to perform, in any material respect, his or her duties or responsibilities for the Company; 

  

	 	(B)	material breach of his or her duties or responsibilities to the Company; 

  

	 	(C)	gross negligence or willful disregard in the performance of his or her duties or responsibilities; 

  

	 	(D)	willful disregard, in any material respect, of any financial or other budgetary limitations established in good faith by the Board of Directors of the Company, if continuing after
written notice; 

  

	 	(E)	engaging in conduct that causes material and demonstrable injury, monetarily or otherwise, to the Company, including, but not limited to, misappropriation or conversion of the
Company’s assets; or 

  

	 	(F)	conviction of or entry of a plea of nolo contendere to a felony. 

 (ii) “Disability” means a physical or mental condition that renders the Participant unable to perform the essential functions of his or her job with or without a reasonable accommodation for a period of 180
consecutive days or more. 
 (iii) “Good Reason” with respect to any Participant shall mean the occurrence of one or more of the
following with respect to such Participant: (i) a material reduction in compensation or benefits (provided, however, that a reduction in salary that is both (x) made part of a company-wide salary reduction and (y) no greater than
fifteen percent of Participant’s annual base salary, shall be deemed to be immaterial); (ii) involuntary relocation of primary work location more than 50 miles from the current location; and/or (iii) any other event so defined in any
applicable employment agreement. 
 5. Binding Authority. Subject to the review and approval of the Board of Directors of DDi Corp. or the
Compensation Committee provided herein, the decisions of senior management of DDi Corp., or their duly authorized delegate, shall be final and conclusive for all purposes of the Bonus Program and shall not be subject to any appeal or review.

 6. Source of Payments. Bonus Payments will be paid in cash from the general consolidated funds of DDi Corp. No separate fund will be
established. 
 7. Amendment or Termination. The Bonus Program may be amended, modified, suspended or terminated by the Board of Directors of
DDi Corp. or the Compensation Committee at any time and without notice to or the consent of Participants. 
 8. Severability. If any term or
condition of the Bonus Program shall be invalid or unenforceable, the remainder of the Bonus Program shall not be affected thereby and shall continue in effect and application to the fullest extent permitted by law. 
 9. No Employment Rights. Neither the establishment nor the terms of the Bonus Program shall be held or construed to confer upon any employee the right to a
continuation of employment by the Company, nor constitute a contract of employment, express or implied. Subject to any applicable employment agreement, the Company reserves the right to dismiss or otherwise deal with any employee, including the
Participants, to the same extent as though the Bonus Program had not been adopted. Nothing in the Bonus Program is intended to alter the “AT-WILL” status of Participants, it being understood that, except to the extent otherwise expressly
set forth to the contrary in a written employment agreement, the employment of any Participant can be terminated at any time by either the Company or the employee with or without notice, with or without cause. 
  

 4 

 10. Transferability of Rights. The Company shall have the right to transfer its obligations under the Bonus
Program, with respect to one or more Participants, to any person, including any purchaser of all or any part of the Company’s business. No Participant or spouse shall have any right to commute, encumber, transfer or otherwise dispose of or
alienate any present or future right or expectancy which the Participant may have at any time to receive payments of benefits hereunder, which benefits and the rights thereto are expressly declared to be nonassignable and nontransferable, except to
the extent required by law. Any attempt by a Participant to transfer or assign a benefit or any rights granted hereunder shall (after consideration of such facts as the Company deems pertinent) be grounds for terminating any rights of the
Participant to any portion of the Bonus Program benefits not previously paid. 
 11. Governing Law. The Bonus Program shall be
construed, administered and enforced according to the laws of the State of California. 
  

 5 

 Appendix A 
 Target EBITDA Bonus Percentage 
  

			
	 Net EBITDA %
	  	 % of Target EBITDA Bonus

	 <80%
	  	0%
	 80.0%
	  	40.0%
	 81.0%
	  	41.5%
	 82.0%
	  	43.0%
	 83.0%
	  	44.5%
	 84.0%
	  	46.0%
	 85.0%
	  	47.5%
	 86.0%
	  	49.0%
	 87.0%
	  	50.5%
	 88.0%
	  	52.0%
	 89.0%
	  	53.5%
	 90.0%
	  	55.5%
	 91.0%
	  	57.5%
	 92.0%
	  	59.5%
	 93.0%
	  	61.5%
	 94.0%
	  	63.5%
	 95.0%
	  	65.5%
	 96.0%
	  	67.5%
	 97.0%
	  	69.5%
	 98.0%
	  	71.5%
	 99.0%
	  	73.5%
	 100.0%
	  	76.0%
	 101.0%
	  	78.5%
	 102.0%
	  	81.0%
	 103.0%
	  	83.5%
	 104.0%
	  	86.0%
	 105.0%
	  	88.5%
	 106.0%
	  	91.0%
	 107.0%
	  	93.5%
	 108.0%
	  	96.0%
	 109.0%
	  	98.5%
	 110.0%
	  	101.0%
	 111.0%
	  	103.5%
	 112.0%
	  	106.0%
	 113.0%
	  	108.5%
	 114.0%
	  	111.0%
	 115.0%
	  	114.5%
	 116.0%
	  	118.0%
	 117.0%
	  	121.5%
	 118.0%
	  	125.0%
	 119.0%
	  	128.5%
	 120.0%
	  	132.0%
	 121.0%
	  	135.5%
	 122.0%
	  	139.0%
	 123.0%
	  	142.5%
	 124.0%
	  	146.0%
	 125.0%
	  	149.5%
	 126.0% or more
	  	150.0%

  

 1 

 Target Bonus Performance Percentage 
  

			
	 Net EBITDA %
	  	 % of Target Performance Bonus

	 < 50%
	  	0%
	 3 50%, but < 60%
	  	50%
	 3 60%, but < 70%
	  	75%
	 3 70%
	  	100%

  

 2

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