FORTIVE CORPORATION EXECUTIVE OFFICER CASH SEVERANCE POLICYFortive Corp • March 2nd, 2023 • Industrial instruments for measurement, display, and control
Fortive Corporation (the “Company”) will not enter into any new employment agreement, severance agreement or separation agreement with any Executive Officer of the Company, or establish any new severance plan or policy covering any Executive Officer of the Company, in each case that provides for Cash Severance Benefits exceeding 2.99 times the sum of the Executive Officer’s Base Salary plus Target Bonus, without seeking stockholder ratification of such agreement, plan or policy.
