SEC Contract Filing

Filing Date: 2021-02-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ex10i2021nqstockoptionawar.htm
<DESCRIPTION>EX-10.1
<TEXT>
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<title>Document</title></head><body><div id="ia46a630bcb7140439dd2ac3341f17a0d_1"></div><div style="min-height:36pt;width:100%"><div style="margin-bottom:0.1pt;text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Exhibit 10(i)</font></div></div><div style="text-align:right"><img alt="strykerlogoa721.jpg" src="strykerlogoa721.jpg" style="height:38px;margin-bottom:5pt;vertical-align:text-bottom;width:139px"></div><div style="margin-bottom:0.1pt"><font style="color:#ffb500;font-family:'Arial',sans-serif;font-size:14pt;font-weight:400;line-height:120%">Kevin</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:14pt;font-weight:400;line-height:120%"> A. Lobo</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Chairman and CEO</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">2825 Airview Boulevard</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Kalamazoo MI 49002 USA</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">P 269 389 7353</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">www.stryker.com</font></div><div><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div><font style="color:#ffb500;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Personal and confidential</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">February 3, 2021&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%;text-decoration:underline">First Name Last Name</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Dear First Name&#58;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">I am pleased to inform you that you are one of a select group of individuals receiving a stock option award in 2021. We use these awards to reward performers who we believe will be key contributors to our growth well into the future. The total Award Date Value (ADV) of your awards is approximately USD $xx,xxx. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">We are awarding you a nonstatutory stock option for xxx shares of Stryker Corporation Common Stock at a price of USD $xxx.xx per share. Except as otherwise provided in the Terms and Conditions, you may exercise this option at 20% per year beginning on February 3, 2022, and it will expire on February 2, 2031.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:700;line-height:120%">You must &#8220;Accept&#8221; the award online via the UBS One Source web site located at </font><font style="color:#529cdb;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:700;line-height:120%;text-decoration:underline">www.ubs.com&#47;onesource&#47;SYK</font><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> between March 2 and March 31, 2021</font><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">. The detailed terms of the option are in the Terms and Conditions, any applicable country addendum and the provisions of the Company's 2011 Long-Term Incentive Plan. Those documents, together with the related Prospectus, are available on the UBS One Source web site, and you should read them before accepting the award. In addition, you may be asked to sign the most recent version of Stryker&#8217;s Confidentiality, Intellectual Property, Non-Competition and Non-Solicitation Agreement (&#8220;Non-Compete Agreement&#8221;) in connection with this award. If you are asked to sign the Non-Compete Agreement, it will be emailed to you and you will be asked to sign the document electronically via Adobe Sign by March 31, 2021. The exercisability of the options is conditioned on you having signed the Non-Compete Agreement by March 31, 2021, where permitted by applicable law.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">You can find additional educational materials on the UBS One Source web site in the Resources section, including Stock Option brochures and Stock Option Tax Questions &#38; Answers. </font></div><div><font><br></font></div><div style="margin-bottom:10pt"><font style="color:#000000;font-family:'Cambria',sans-serif;font-size:11pt;font-weight:400;line-height:120%">We are committed to growing talent and want our people to experience rewarding careers at Stryker. Y