ContractOfficer Stock Option Award Agreement • December 16th, 2010 • Donaldson Co Inc • Industrial & commercial fans & blowers & air purifing equip • Minnesota
This Stock Option Award Agreement (the “Agreement”) is made as of the date specified in the individual grant summary, by and between Donaldson Company, Inc., a Delaware corporation (together with its subsidiaries, “Donaldson”) and the person specified in the individual grant summary, an employee of Donaldson (“Employee”).
The following is the text inserted as Section III.4.(v) of each officer stock option award agreement:Officer Stock Option Award Agreement • March 31st, 2011 • Union Drilling Inc • Drilling oil & gas wells
As used in this Agreement, a “Change of Control of the Company” shall be deemed to have occurred if and only if after the Date of Grant specified above any person or group of affiliated persons, other than the current stockholders of the Company or their affiliates, is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing more than 50% of the combined voting power of the Company’s then outstanding securities.
