0000313616-18-000142.txt : 20181031 0000313616-18-000142.hdr.sgml : 20181031 20181031084652 ACCESSION NUMBER: 0000313616-18-000142 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20181031 DATE AS OF CHANGE: 20181031 EFFECTIVENESS DATE: 20181031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DANAHER CORP /DE/ CENTRAL INDEX KEY: 0000313616 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 591995548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 333-228069 FILM NUMBER: 181148799 BUSINESS ADDRESS: STREET 1: 2200 PENNSYLVANIA AVE. N.W. STREET 2: SUITE 800W CITY: WASHINGTON STATE: DC ZIP: 20037-1701 BUSINESS PHONE: 2028280850 MAIL ADDRESS: STREET 1: 2200 PENNSYLVANIA AVE. N.W. STREET 2: SUITE 800W CITY: WASHINGTON STATE: DC ZIP: 20037-1701 FORMER COMPANY: FORMER CONFORMED NAME: DMG INC DATE OF NAME CHANGE: 19850221 S-8 1 dhr-20181031xsx8.htm S-8 Document


As filed with the Securities and Exchange Commission on October 31, 2018

Registration No. 333- __________                  

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 ________________________________________________________

FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
 ________________________________________________________

Danaher Corporation
(Exact name of registrant as specified in its charter)

Delaware
 
59-1995548
(State of Incorporation)
 
(I.R.S. Employer Identification number)
 
 
2200 Pennsylvania Avenue, N.W., Suite 800W
Washington, D.C.
 
20037-1701
(Address of Principal Executive Offices)
 
(Zip Code)
 ________________________________________________________

DANAHER CORPORATION DEFERRED COMPENSATION PLAN
(Full title of the plan)
 ________________________________________________________

James F. O’Reilly
Vice President, Associate General Counsel and Secretary
2200 Pennsylvania Avenue, N.W., Suite 800W
Washington, D.C. 20037-1701
(202) 828-0850

(Name, address and telephone number, including area code, of agent for service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
 
ý
 
Accelerated filer
 
¨
 
 
 
 
Non-accelerated filer
 
¨
 
Smaller reporting company
 
¨
 
 
 
 
 
 
 
Emerging growth company
 
¨
 
 
 
 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.     ¨





CALCULATION OF REGISTRATION FEE
Title of securities to be registered
Amount to be registered
Proposed maximum offering price
per share
Proposed maximum aggregate offering price
Amount of registration fee
Danaher Corporation Common Stock, par value $0.01 per share (“Common Stock”)(1)
2,000,000(3)
$97.01(4)
$194,020,000(4)
$23,516
Deferred Compensation Obligations(2)
$300,000,000(5)
100%
$300,000,000(5)
$36,360

(1)
Represents shares of Common Stock to be distributed by Danaher Corporation (the “Registrant”) pursuant to its obligations under the Danaher Corporation Deferred Compensation Plan (the “Plan”).
 
 
(2)
The Deferred Compensation Obligations registered herein are unsecured obligations of the Registrant to pay deferred compensation in the future in accordance with the terms of the Plan.
 
 
(3)
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers additional shares that may become issuable under the Plan by reason of certain corporate transactions or events, including any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of the Registrant’s outstanding shares of Common Stock.
 
 
(4)
Determined on the basis of the average of the high and low sale price of Common Stock as reported on the NYSE on October 26, 2018 of $97.01, solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act.
 
 
(5)
Calculated pursuant to Rule 457(h) under the Securities Act, solely for the purpose of calculating the registration fee, based on an estimated amount of $300,000,000 of Deferred Compensation Obligations to be offered under the Plan.






PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part I of Form S-8 will be sent or given to employees as specified by Rule 428(b)(1). Such documents need not be filed with the Securities and Exchange Commission (the “SEC”) either as part of this registration statement or as prospectuses or prospectus supplements pursuant to Rule 424. These documents and the documents incorporated by reference in this registration statement pursuant to Item 3 of Part II of Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The Registrant is subject to the informational and reporting requirements of Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, in accordance therewith, files reports, proxy statements and other information with the SEC. The following documents, which are on file with the SEC, are incorporated by reference into this registration statement:
(a)
The Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed with the SEC on February 21, 2018 (including the Registrant’s Definitive Proxy Statement on Schedule 14A filed with the SEC on March 28, 2018, solely to the extent incorporated into the Registrant’s Annual Report on Form 10-K);
(b)
The Registrant’s Quarterly Reports on Form 10-Q for the quarter ended March 30, 2018, filed with the SEC on April 19, 2018; the quarter ended June 29, 2018, filed with the SEC on July 19, 2018; and the quarter ended September 28, 2018, filed with the SEC on October 18, 2018;
(c)
The Registrant’s Current Reports on Form 8-K filed with the SEC on January 30, 2018; February 20, 2018; March 26, 2018; and May 10, 2018; and
(d)
The description of the Registrant’s Common Stock contained in its registration statement on Form 8-B (File No. 001-08089) filed with the SEC on November 3, 1986, and all amendments or reports filed for the purpose of updating such description.
In addition, all documents and reports filed by the Registrant subsequent to the date hereof pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment to this registration statement which indicates that all securities offered have been sold or which deregisters all securities remaining unsold (other than those furnished pursuant to Item 2.02 or Item 7.01 of Form 8-K or other information “furnished” to the SEC), shall be deemed to be incorporated by reference in this registration statement and to be part hereof from the date of filing of such documents or reports.
Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.
Item 4. Description of Securities.
The securities being registered pursuant to the Plan represent obligations (“Obligations”) of the Registrant to pay deferred compensation in the future in accordance with the terms of the Plan, which is filed as Exhibit 4.1 to this registration statement.
The Obligations are general unsecured obligations of the Registrant subject to the claims of its general creditors. The Plan is considered unfunded for tax purposes.
Eligible employees of the Registrant (“Participants”) are entitled to elect to defer the receipt of certain salary and bonus compensation into the Plan. A Participant’s deferral election provides how much compensation shall be deferred and designates the time and form of payment of such deferrals in the future. Generally, based on the Participant’s election, deferred compensation is paid either as of a fixed date in the future or after a separation from service with the Registrant, and the deferred compensation is payable as a lump sum payment or in installment payments in cash (except as provided below). The deferrals are credited to the Participant’s account under the Plan and are credited with deemed investment returns.





The deemed investment returns for a Participant’s account are based on the returns of certain investment funds elected by the Participant. A Participant may change their deemed investment elections from time to time. Further, a Participant can elect to have deferrals deemed to be invested in shares of the Registrant’s common stock. Any dividends that would have been received had such amounts actually been invested in shares of the Registrant’s common stock will also be credited to the Participant’s account under the Plan and deemed invested in shares of the Registrant’s common stock. Once deferrals are deemed to be invested in the Registrant’s common stock, no further investment elections are available for such amounts, including deemed dividends, which will be distributed as shares of the Registrant’s common stock in accordance with Plan terms.
A Participant may designate one or more beneficiaries to receive any portion of the Obligations payable in the event of the Participant’s death.
Participants or beneficiaries generally may not anticipate, alienate, sell, transfer, assign, or otherwise dispose of any right or interest in the Plan.
The Registrant reserves the right to amend or terminate the Plan.
Item 5. Interests of Named Experts and Counsel.
The validity of the securities has been passed upon by James O’Reilly, our Vice President, Associate General Counsel and Secretary. Mr. O’Reilly beneficially owns shares of our Common Stock, restricted stock units and options to purchase shares of our Common Stock.
Item 6. Indemnification of Directors and Officers.
Section 145 of the General Corporation Law of the State of Delaware (“DGCL”) provides, generally, that a corporation shall have the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding (except actions by or in the right of the corporation) by reason of the fact that such person is or was a director, officer, employee or agent of the corporation against all expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful. A corporation may similarly indemnify such person for expenses actually and reasonably incurred by such person in connection with the defense or settlement of any action or suit by or in the right of the corporation, provided that such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation, and, in the case of claims, issues and matters as to which such person shall have been adjudged liable to the corporation, provided that a court shall have determined, upon application, that, despite the adjudication of liability but in view of all of the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which such court shall deem proper.
Section 102(b)(7) of the DGCL provides, generally, that the certificate of incorporation may contain a provision eliminating or limiting the personal liability of a director to the corporation or its shareholders for monetary damages for breach of fiduciary duty as a director, provided that such provision may not eliminate or limit the liability of a director (i) for any breach of the director’s duty of loyalty to the corporation or its shareholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under section 174 of the DGCL, or (iv) for any transaction from which the director derived an improper personal benefit. No such provision may eliminate or limit the liability of a director for any act or omission occurring prior to the date when such provision became effective.
Article Nine of Danaher’s Restated Certificate of Incorporation provides that Danaher will indemnify its directors and officers to the full extent authorized or permitted by law and that no director shall be personally liable for monetary damages to Danaher or its stockholders for any breach of fiduciary duty by such director as a director, except to the extent provided by applicable law (i) for any breach of the director’s duty of loyalty to Danaher or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) pursuant to Section 174 of the DGCL, or (iv) for any transaction from which such director derived an improper personal benefit. Article Eight of Danaher’s Amended and Restated By-Laws provides that Danaher will indemnify directors and officers of Danaher in non-derivative claims if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of Danaher, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. For non-derivative claims, termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent, shall not, in itself, create a presumption that the person did not act in good faith and in a manner which such person believed to be in or not opposed to the best interests of Danaher, and, with respect to any criminal action or proceeding, had reasonable cause to believe that such person’s conducts was unlawful. For derivative claims, Article Eight of Danaher’s By-Laws provides that Danaher will indemnify directors and officers of Danaher if such person acted in





good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of Danaher; except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to Danaher unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.
In addition to the above, Danaher has entered into indemnification agreements with each of its directors and executive officers. The indemnification agreements provide for substantially similar indemnification rights and provide that Danaher will agree to pay expenses in advance of the final disposition of any proceeding for which indemnification is claimed. Danaher also provides indemnity insurance pursuant to which officers and directors are indemnified or insured against liability or loss under certain circumstances, which may include liability or related loss under the Securities Act and the Exchange Act.
Item 7. Exemption from Registration Claimed.
Not applicable.

Item 8. Exhibits.
Item 9. Undertakings.
(a) The undersigned Registrant hereby undertakes:

(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
 
        (i)    To include any prospectus required by Section 10(a)(3) of the Securities Act;
 
(ii)    To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement;
 





(iii)    To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) above do not apply if the registration statement is on Form S-8 and the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
 
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
 
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
    







SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the District of Columbia, on this 31st day of October, 2018.
DANAHER CORPORATION
 
 
 
By:
/s/ Daniel L. Comas
 
Name:
Daniel L. Comas
 
Title:
Executive Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on October 31, 2018.

Signatures
 
Title
 
Date
 
 
 
 
 
*
 
President, Chief Executive Officer and Director
 
October 31, 2018
Thomas P. Joyce, Jr.
 
(Principal Executive Officer)
 
 
 
 
 
 
 
/s/ DANIEL L. COMAS
 
Executive Vice President and Chief Financial Officer
 
October 31, 2018
Daniel L. Comas
 
(Principal Financial Officer)  
 
 
 
 
  
 
 
/s/ ROBERT S. LUTZ
 
Senior Vice President and Chief Accounting Officer
 
October 31, 2018
Robert S. Lutz
 
(Principal Accounting Officer)
 
 
 
 
 
 
 
*
 
Chairman of the Board
 
October 31, 2018
Steven M. Rales
 
 
 
 
 
 
 
 
 
*
 
Chairman of the Executive Committee
 
October 31, 2018
Mitchell P. Rales
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Donald J. Ehrlich
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Linda Hefner Filler
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Teri List-Stoll
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Walter G. Lohr, Jr.
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
John T. Schwieters
 
 
 
 






 
Director
 

Alan G. Spoon
 
 
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Raymond C. Stevens, Ph.D
 
  
 
 
 
 
 
 
 
*
 
Director
 
October 31, 2018
Elias A. Zerhouni, M.D.
 
 
 
 

* This Registration Statement has been signed on behalf of the above officer and directors by James F. O’Reilly, as attorney-in-fact, pursuant to a power of attorney filed as Exhibit 24.1 to this registration statement.
 
DATED:
October 31, 2018
By:
 /s/ James F. O'Reilly
 
 
 
James F. O'Reilly
 
 
 
Attorney-in-Fact



EX-5.1 2 dhr-20181031xexx51.htm EXHIBIT 5.1 Exhibit


Exhibit 5.1

October 31, 2018
Danaher Corporation
2200 Pennsylvania Avenue, NW, Suite 800W
Washington, DC 20037-1701

Re:    Danaher Corporation
Registration Statement on Form S-8
Danaher Corporation Deferred Compensation Plan
Ladies and Gentlemen:
This opinion is furnished in connection with the Registration Statement on Form S-8 (the “Registration Statement”) of Danaher Corporation, a Delaware corporation (the “Company”), to be filed with the Securities and Exchange Commission (the “Commission”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), in connection with the registration of (1) 2,000,000 shares of common stock, par value $0.01 per share (the “Shares”), of the Company and (2) $300,000,000 of deferred compensation obligations (the “deferred compensation obligations”), in each case that may be issued pursuant to or reserved for issuance under the Danaher Corporation Deferred Compensation Plan (the “Plan”).
I have examined the Registration Statement and such other documents and records of the Company as I have deemed relevant and necessary for purposes of rendering the opinions set forth below. In my examination, I have assumed the genuineness of all signatures, the authenticity of all documents submitted to me as originals, the conformity to original documents of all documents submitted to me as copies, the authenticity of the originals of such latter documents and the legal competence of all signatories to such documents. I have also assumed that there are no agreements or understandings between or among the Company and any participants in the Plan that would expand, modify or otherwise affect the terms of the Plan or the respective rights or obligations of the participants thereunder. Finally, I have assumed the accuracy of all information provided to me by the Company during the course of my investigation, on which I have relied in issuing the opinion expressed below.
My opinion below is qualified to the extent that it may be subject to or affected by (i) applicable bankruptcy, insolvency, reorganization, moratorium, usury, fraudulent conveyance or similar laws relating to or affecting the rights or remedies of creditors generally, (ii) statutory or decisional law concerning recourse by creditors to security in the absence of notice or hearing, (iii) duties and standards imposed on creditors and parties to contracts, including, without limitation, requirements of materiality, good faith, reasonableness and fair dealing, and (iv) general equitable principles. Furthermore, I express no opinion as to the availability of any equitable or specific remedy upon any breach of the Plan, or to the successful assertion of any equitable defenses, inasmuch as the availability of such remedies or the success of any equitable defenses may be subject to the discretion of a court. I express no opinion herein as to the laws of any state or jurisdiction other than the state laws of the General Corporation Law of the State of Delaware. I also express no opinion herein with respect to compliance by the Company with securities or “blue sky” laws of any state or other jurisdiction of the United States or of any foreign jurisdiction. In addition, I express no opinion and make no statement herein with respect to the antifraud laws of any jurisdiction.
Based upon the foregoing examination and in reliance thereon, and subject to the qualifications, assumptions and limitations stated herein and in reliance on the statements of fact contained in the documents that I have examined, I am of the opinion that (1) the Shares have been duly authorized for issuance and, when issued and delivered in accordance with the terms and conditions set forth in the Plan, will be validly issued, fully paid and non-assessable, and (2) the deferred compensation obligations have been or will be legally issued and will constitute valid and binding obligations of the Company, enforceable in accordance with their terms.
This opinion has been prepared for your use solely in connection with the filing of the Registration Statement on or about October 31, 2018 and may not be relied upon for any other purpose without my prior written consent. This opinion is based upon currently existing statutes, rules, regulations and judicial decisions, and I disclaim any obligation to advise you of any change in any of these sources of law or subsequent legal or factual developments which might affect any matters or opinions set forth herein.





I hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act and to the use of my name therein and in the related prospectus. In giving such consent, I do not hereby admit that I am in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission.

Very truly yours,
 
/s/ James F. O'Reilly
James F. O'Reilly
Vice President, Associate General Counsel and Secretary





EX-5.2 3 dhr-20181031xexx52.htm EXHIBIT 5.2 Document

Exhibit 5.2
October 30, 2018
Danaher Corporation
2200 Pennsylvania Avenue, NW
Suite 800W
Washington, DC 20037-1701
Dear Ladies and Gentlemen:
This opinion is being furnished to you in connection with a Registration Statement on Form S-8 (the “Registration Statement”) relating to the registration under the Securities Act of 1933, as amended (the “Act”), of up to 2,000,000 shares of Common Stock, $.01 par value (the “Shares”) and up to $300,000,000 of Deferred Compensation Obligations, of Danaher Corporation, a Delaware corporation (the “Corporation”), that may be issued by the Corporation pursuant to the Danaher Corporation Deferred Compensation Plan (the “Plan”). We have served as your special employee benefits counsel in connection with the Plan. We have not participated in the issuance of the Shares or Deferred Compensation Obligations, or any opinions related thereto.
In rendering this opinion, we have examined such corporate records, Plan documents, and other documents, and such questions of law arising under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), as we have considered necessary or appropriate for purposes of this opinion. In addition, as to certain factual matters as to which we have no independent knowledge, we have relied upon information obtained from, and representations made by, officers and employees of the Corporation.
For purposes of this opinion, we have assumed that the Plan has been duly adopted by the Corporation in substantially the form incorporated by reference as an exhibit to the Registration Statement, that the Plan is unfunded and maintained primarily for the purpose of providing deferred compensation to a select group of management or highly compensated employees, that all participants in the Plan are management or highly compensated employees within the meaning of Section 401(a)(1) of ERISA, that the Plan is not designed or operated for the purpose of satisfying the requirements of Section 401(a) of the Internal Revenue Code of 1986, as amended, and that the Corporation will timely file a “top hat statement” (as contemplated by ERISA) for the Plan, pursuant to Department of Labor Regulation 2520.104-23. We have also assumed the genuineness of all signatures, the authenticity of all documents and instruments submitted to us as originals, the conformity to original documents of all documents submitted to us as copies, and the capacity and authority of all persons purporting to certify matters to us on behalf of the Corporation.
Based on the foregoing, and subject to the qualifications, limitations and assumptions set forth herein, we advise you that, in our opinion, the provisions of the written documents constituting the Plan comply with the requirements of ERISA pertaining to such provisions.
The foregoing opinion is limited to ERISA, and we are expressing no opinion as to any other law. We undertake no responsibility to advise you of any changes in the law or facts after the date hereof that would alter the scope or substance of the opinion herein expressed.
The foregoing opinion represents our current professional judgment and is not a guarantee or warranty.
When we make assumptions for the purpose of expressing the opinion set forth herein, we do so with your permission.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act.




Sincerely,
 
 
Groom Law Group, Chartered
 
 
By:
/s/ Jeff Witt
 
Jeff Witt, a Principal



EX-23.2 4 dhr-20181031xexx232.htm EXHIBIT 23.2 Exhibit


Exhibit 23.2

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to the Danaher Corporation Deferred Compensation Plan of our reports dated February 20, 2018, with respect to the consolidated financial statements and schedule of Danaher Corporation and the effectiveness of internal control over financial reporting of Danaher Corporation included in its Annual Report (Form 10-K) for the year ended December 31, 2017, filed with the Securities and Exchange Commission.

/s/ Ernst & Young LLP
 
Tysons, Virginia
October 30, 2018




EX-24.1 5 dhr-20181031xexx241.htm EXHIBIT 24.1 Exhibit


Exhibit 24.1

Danaher Corporation
Registration Statement on Form S-8
Power of Attorney

Each person whose signature appears below constitutes and appoints Brian W. Ellis and James F. O’Reilly, or any of them, each acting alone, his or her true and lawful attorneys-in-fact, with full power of substitution, for him or her and his or her name, place and stead, in any and all capacities, to sign this registration statement any and all amendments (including post-effective amendments) thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, and each of them, with full power and authority to do so and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact of any of them, or his or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original with respect to the person executing it.

IN WITNESS WHEREOF, the undersigned have hereunto set their hands as of the 31st day of October 2018.
Signatures
 
Title
 
Date
 
 
 
 
 
/s/ THOMAS P. JOYCE, JR.
 
President, Chief Executive Officer and Director
 
October 31, 2018
Thomas P. Joyce, Jr.
 
(Principal Executive Officer)
 
 
 
 
 
 
 
/s/ DANIEL L. COMAS
 
Executive Vice President and Chief Financial Officer
 
October 31, 2018
Daniel L. Comas
 
(Principal Financial Officer)  
 
 
 
 
  
 
 
/s/ ROBERT S. LUTZ
 
Senior Vice President and Chief Accounting Officer
 
October 31, 2018
Robert S. Lutz
 
(Principal Accounting Officer)
 
 
 
 
 
 
 
/s/ STEVEN M. RALES
 
Chairman of the Board
 
October 31, 2018
Steven M. Rales
 
 
 
 
 
 
 
 
 
/s/ MITCHELL P. RALES
 
Chairman of the Executive Committee
 
October 31, 2018
Mitchell P. Rales
 
 
 
 
 
 
 
 
 
/s/ DONALD J. EHRLICH
 
Director
 
October 31, 2018
Donald J. Ehrlich
 
 
 
 
 
 
 
 
 
/s/ LINDA HEFNER FILLER
 
Director
 
October 31, 2018
Linda Hefner Filler
 
 
 
 
 
 
 
 
 
/s/ TERI LIST-STOLL
 
Director
 
October 31, 2018
Teri List-Stoll
 
 
 
 
 
 
 
 
 
/s/ WALTER G. LOHR, JR.
 
Director
 
October 31, 2018
Walter G. Lohr, Jr.
 
 
 
 
 
 
 
 
 
/s/ JOHN T. SCHWIETERS
 
Director
 
October 31, 2018
John T. Schwieters
 
 
 
 






 
 
Director
 

Alan G. Spoon
 
 
 
 
 
 
 
 
 
/s/ RAYMOND C. STEVENS, Ph.D
 
Director
 
October 31, 2018
Raymond C. Stevens, Ph.D
 
  
 
 
 
 
 
 
 
/s/ ELIAS A. ZERHOUNI, M.D
 
Director
 
October 31, 2018
Elias A. Zerhouni, M.D.