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Exhibit 10(iii)

Kevin A. Lobo

Chair and CEO

Personal and Confidential

February 4, 2026

First Name Last Name

Dear First Name,

I am pleased to inform you that as an SLT member, you are receiving a performance stock units (PSUs) award in 2026.

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 award is approximately USD $xx,xxx.

We are awarding you xxx PSUs. The number of PSUs actually earned will be dependent upon Stryker’s financial

performance during the three-year period ending December 31, 2028. Refer to the Terms and Conditions accompanying

the 2026 PSUs award for specific criteria associated with vesting in such award. In order to earn any of the PSUs, you

must be continuously employed with Stryker through the vesting date of March 21, 2029 except as otherwise provided

in the Terms and Conditions.

You must “Accept” the award online via the UBS One Source web site located at www.ubs.com/onesource/

SYK between March 3 and March 31, 2026. The detailed terms of the PSUs are in the Terms and Conditions, any

applicable country addendum and the provisions of the Company's 2011 Long- Term Incentive Plan, as Amended and

Restated. 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’s Confidentiality, Intellectual Property, Non-Competition and Non-Solicitation Agreement (“Non-Compete

Agreement”) in connection with the 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, 2026. The vesting of the

PSUs is conditioned on you having signed the Non-Compete Agreement by March 31, 2026, where permitted by

applicable law.

You can find additional educational materials on the UBS One Source web site in the Resources section.

Sincerely,

Kevin A. Lobo

Chair and Chief Executive Officer

Exhibit 10(iii)

STRYKER CORPORATION

TERMS AND CONDITIONS

RELATING TO PERFORMANCE STOCK UNITS GRANTED

PURSUANT TO THE 2011 LONG-TERM INCENTIVE PLAN, AS AMENDED AND RESTATED

1.The Performance Stock Units with respect to Common Stock of Stryker Corporation (the

"Company") granted to you during 2026 (the "PSUs") are subject to these Terms and Conditions Relating to

Performance Stock Units Granted Pursuant to the 2011 Long-Term Incentive Plan, as Amended and Restated

(the "Terms and Conditions") and all of the terms and conditions of the Stryker Corporation 2011 Long-Term

Incentive Plan, as Amended and Restated (the "2011 Plan"), which is incorporated herein by reference. In the

case of a conflict between these Terms and Conditions and the terms of the 2011 Plan, the provisions of the

2011 Plan will govern. Capitalized terms used but not defined herein have the meaning provided therefor in

the 2011 Plan. For purposes of these Terms and Conditions, "Employer" means the Company or any Subsidiary

that employs you on the applicable date, and "Stock Plan Administrator" means UBS Financial Services Inc. (or

any other independent service provider engaged by the Company to assist with the implementation, operation

and administration of the 2011 Plan).

2.Vesting. Except as provided in Section 8(a) and 8(b), the vesting of your PSUs is dependent upon

your remaining continuously employed with your Employer through March 21, 2029 (the "Vesting Date") as

well as upon the Company's financial performance during the three-year period ending December 31, 2028 (the

"Performance Period"). Specifically, the vesting of any of the PSUs is dependent upon attainment of the

Threshold Performance Target as set forth in Section 3. If the Threshold Performance Target is attained, then

the vesting of 50% of the PSUs (the "EPS PSUs") is dependent on Adjusted EPS Growth as set forth in Section 4,

and vesting of the remaining 50% of the PSUs (the "Sales Growth PSUs") is dependent on the Sales Growth

Percentile Ranking as set forth in Section 5. The actual number of your PSUs that become vested, if any, shall be

determined based on exercise of negative discretion by the Committee in accordance with Sections 4, 5 and 6

below.

3.Threshold Performance Target. If the Company's Adjusted EPS Growth as of the last day of the

Performance Period is less than 2.0%, none of your PSUs shall become vested and all of your PSUs shall be

forfeited as of the last day of the Performance Period. If the Company's Adjusted EPS Growth as of the last day

of the Performance Period is 2.0% or greater (the "Threshold Performance Target") and, except as provided in

Section 8(a) and 8(b), you remain in the continuous employment of Stryker through the Vesting Date, you shall

become eligible to vest in up to 200% of your PSUs, although the actual number of your PSUs that become

vested shall be determined based on exercise of negative discretion by the Committee in accordance with

Sections 4, 5 and 6 below.

4.Adjusted EPS Growth.

(a)If the Threshold Performance Target is attained and, except as provided in Section

8(a) and 8(b), you have remained in the continuous employment of Stryker through the Vesting Date, then

subject to Section 6 you shall become vested in the percentage of the EPS PSUs determined based on the

Company's Adjusted EPS Growth using the table below, applying straight line interpolation rounded down to

the nearest whole number of EPS PSUs for Adjusted EPS Growth resulting in vested EPS PSUs between 50% and

100% or between 100% and 200%.

	< Minimum	Minimum	Target	Maximum
Adjusted EPS Growth	Less than 6%	6%	9.5% - 10.5%	12.5% or more
Vested Percent of EPS PSUs	0%	50%	100%	200%

Any EPS PSUs that do not become vested in accordance with the foregoing shall be forfeited.

(b)As soon as administratively practicable following the Vesting Date (but in no event later

than December 31, 2029), the Company shall issue you the Shares underlying the vested EPS PSUs.

Exhibit 10(iii)

(c)For purposes of these Terms and Conditions:

(i)"Adjusted EPS" for a calendar year shall mean the Company's net earnings per

diluted share for such year as determined under U.S. generally accepted accounting principles

("GAAP") but subject to such adjustments, if any, for (A) non-GAAP financial measures that are

reflected in a reconciliation to the GAAP financial statements included in the Company's

Annual Report on Form 10-K filed with the Securities and Exchange Commission, and

(B) in-process research and development charges incurred in connection with a corporate

transaction (“In-Process R&D”); provided, to the extent the Committee determines, in its

discretion, that any In-Process R&D is immaterial, such adjustments may be excluded from the

determination of Adjusted EPS for the calendar year. 

(ii)"Adjusted EPS Growth" shall mean the sum of the Annual Percentage Change in

Adjusted EPS for the three (3) calendar years in the Performance Period divided by three (3).

(iii)"Annual Percentage Change in Adjusted EPS" for a calendar year shall mean the

amount by which the Adjusted EPS for such calendar year has increased or decreased relative to

the immediately preceding calendar year, expressed as a positive or negative percentage

(depending on whether Adjusted EPS increased or decreased) of the Adjusted EPS for such

preceding calendar year.

(d)Notwithstanding anything to the contrary herein, the Committee shall have discretion to

make such adjustments to the foregoing metrics as it deems appropriate to reflect the impact of corporate

transactions, accounting or tax law changes or extraordinary, unusual, nonrecurring or infrequent items;

provided, however, that for purposes of calculating the Threshold Performance Target in Section 3, in no case

shall such adjustments have the net aggregate effect of increasing Adjusted EPS Growth.

5.Sales Growth Percentile Ranking.

(a)If the Threshold Performance Target is attained and, except as provided in Section

8(a) and 8(b), you have remained in the continuous employment of Stryker through the Vesting Date, then

subject to Section 6 you shall become vested in the percentage of the Sales Growth PSUs based upon the

Company's Sales Growth Percentile Ranking, as determined using the table below, applying straight line

interpolation rounded down to the nearest whole number of Sales Growth PSUs for Sales Growth Percentile

Ranking resulting in vested Sales Growth PSUs between 50% and 100% or between 100% and 200%.

	< Minimum	Minimum	Target	Maximum
Sales Growth Percentile Ranking	Below 33rd	33rd	50th	75th and Above
Vested Percent of Sales Growth PSUs	0%	50%	100%	200%

Any Sales Growth PSUs that do not become vested in accordance with the foregoing shall be forfeited, and if the

Company's Average Sales Growth in the Performance Period is equal to or less than zero, all of the Sales Growth

PSUs shall be forfeited (irrespective of the Sales Growth Percentile Ranking).

(b)As soon as administratively practicable following the Vesting Date (but in no event later

than December 31, 2029), the Company shall issue you the Shares underlying the vested Sales Growth PSUs.

(c)For purposes of these Terms and Conditions and subject to Section 5(d) below:

(i)"Average Sales Growth" shall mean, for the Company and each company in the

Comparison Group, the sum of the Sales Growth for each Reporting Period ending within the

Performance Period divided by three;

(ii)"Comparison Group" shall mean:

•Abbott Laboratories

Exhibit 10(iii)

•Baxter International Inc.

•Becton, Dickinson and Company

•Boston Scientific Corporation

•Danaher Corporation

•Fresenius Medical Care AG

•GE Healthcare Technologies Inc.

•Johnson & Johnson (MedTech)

•Labcorp Holdings Inc.

•Medtronic plc

•Quest Diagnostics Incorporated

•Royal Philips (combined segments of Diagnosis & Treatment and

Connected Care)

•Siemens Healthineers AG

•Smith & Nephew plc

•Solventum Corporation

•Thermo Fisher Scientific Inc.

•Zimmer Biomet Holdings, Inc.

For purposes of the foregoing, any company for which Sales Growth cannot be calculated for three

full annual Reporting Periods ending within the Performance Period shall be excluded.

(iii)"Net Sales" shall mean, for the Company and each company in the Comparison

Group, net sales as publicly reported for the applicable Reporting Period.

(iv)"Reporting Period" shall mean a calendar year in the case of the Company and

each company in the Comparison Group that reports on a calendar year basis, and in the case of

any other company in the Comparison Group, the four fiscal quarters that include the last fiscal

quarter ending prior to December 31 for which such company has publicly reported prior to the

following February 28.

(v)"Sales Growth" for a Reporting Period shall mean the amount by which Net Sales

has increased or decreased relative to the immediately preceding Reporting Period, expressed as

a positive or negative percentage (depending on whether Net Sales increased or decreased) of

the Net Sales for such preceding Reporting Period.

(vi)"Sales Growth Percentile Ranking" shall mean the percentile ranking of the

Company's Average Sales Growth relative to the Average Sales Growth for each company in the

Comparison Group, rounded to the whole nearest percentile. For this purpose, the percentile

ranking shall be calculated as 1 – (Rank-1)/(Total of the Comparison Group plus the

Company-1). For example, if the Company ranked 5th out of 18 companies including itself, the

percentile rank would be calculated as 1 – (5-1)/(18-1) or 1 – (4/17) or 1-0.24 or the 76th

percentile.

(d)The Committee may make such revisions and adjustments to each of the items set forth in

Sections 5(c)(i)-(vi) as it may determine necessary and appropriate in its discretion.

6.Discretion of the Committee. Notwithstanding anything in these Terms or Conditions or

the 2011 Plan to the contrary, provided that the Threshold Performance Target has been attained, the

Exhibit 10(iii)

Committee shall have the power and authority, in its sole and absolute exercise of negative discretion, to

reduce or increase the vested PSUs such that the actual earned PSUs will be greater than or less than the vested

PSUs, which increase or reduction may be made by taking into account any criteria the Committee deems

appropriate; provided further that notwithstanding anything in these Terms or Conditions to the contrary you

shall not become vested in more than 200% of your PSUs.

7.Dividend Equivalents. In connection with your PSUs, you shall be entitled to receive all of the cash

dividends for which the record date occurs during the period between the commencement of the Performance

Period and the Vesting Date with respect to each Share underlying your vested PSUs ("Dividend Equivalents").

Dividend Equivalents shall be converted into their equivalent number of additional PSUs rounded down to the

nearest whole number of PSUs based on the Fair Market Value of a Share on the Vesting Date, provided, that the

maximum number of additional PSUs you may receive upon such conversion shall be equal to 200% of your

originally granted PSUs. Such additional PSUs shall be subject to the terms and conditions applicable to the

PSUs to which the Dividend Equivalents relate, including, without limitation, the vesting, forfeiture, and

payment form and timing provisions contained herein.

8.In the event you cease to remain in the continuous employment of the Company or a Subsidiary

for the entire period commencing on the grant date and ending on the applicable Vesting Date, your right to

receive the Shares issuable pursuant to the PSUs shall be only as follows:

(a)Subject to Section 6, if you cease to be an Employee prior to the Vesting Date by reason of

Disability (as such term is defined in the 2011 Plan) or death, you or your estate will become vested in full on

the Vesting Date in your PSUs based upon the Company's Adjusted EPS Growth and Sales Growth Percentile

Ranking for the Performance Period as determined pursuant to Sections 3, 4, 5 and 6 of these Terms and

Conditions. You, your legal representative or your estate will receive all of the underlying Shares attributable to

the vested PSUs as soon as administratively practicable following (and in no event more than ninety (90) days

after) the Vesting Date.

(b)If you cease to be an Employee prior to the Vesting Date by reason of Retirement (as such

term is defined in the 2011 Plan), you will become vested in your PSUs as follows:

(i)If you meet both the terms of Retirement (as such term is defined in the 2011

Plan) and you have been an Employee for at least 12 months following the grant date of your

PSUs, then you will become vested in full on the Vesting Date in your PSUs based upon the

Company's Adjusted EPS Growth and Sales Growth Percentile Ranking for the Performance

Period as determined pursuant to Sections 3, 4, 5 and 6 of these Terms and Conditions.

(ii)If you meet the terms of Retirement (as such term is defined in the 2011 Plan) but

you are not an Employee for at least 12 months following the grant date of your PSUs, then you

will become vested on the Vesting Date in a pro-rata portion (determined by dividing (a) the

number of days during the Performance Period in which you were an Employee by (b) the total

number of days during the Performance Period) of your PSUs based upon the Company’s

Adjusted EPS Growth and Sales Growth Percentile Ranking for the Performance Period as

determined pursuant to Sections 3, 4, 5 and 6 of these Terms and Conditions. Such pro-rata

portion for both the EPS PSUs and Sales Growth PSUs shall be rounded down to the nearest

whole number to determine the final total number of PSUs that you will become vested in under

this Section.

(c)If you cease to be an Employee for any reason other than those provided in (a) and

(b) above and your Termination Date is prior to the Vesting Date, you shall immediately forfeit all PSUs granted

hereunder effective as of your Termination Date. If you are resident or employed in the United States,

"Termination Date" shall mean the last day on which you are an Employee of your Employer. In conjunction

with the foregoing and for the sake of clarity, any period of services as an independent contractor following

your Termination Date shall not extend your employment period beyond your Termination Date, regardless of

whether you are reclassified as a common law employee. If you are resident or employed outside of the United

States, "Termination Date" shall mean the last day on which you are an Employee of your Employer, provided

that (1) your notice period is 12 months or less, or (2) your employment ends less than 12 months after the

date on which you signed your termination agreement. Other than Section 16 officers (as defined below), if your

notice period exceeds 12 months, then "Termination Date" will be 12 months after the date on which notice was

given, whether it be by you or your Employer. If your employment ends more than 12 months after you signed

Exhibit 10(iii)

your termination agreement, then “Termination Date” will be 12 months after the date on which you signed

your termination agreement. If you are an officer of the Company and in such capacity are subject to reporting

under Section 16 of the U.S. Securities Exchange Act of 1934 (a “Section 16 officer”) on the date on which notice

was given, "Termination Date" shall mean the last day on which you are an Employee of your Employer.

9.Notwithstanding the foregoing, the Company may, in its sole discretion, settle the PSUs

(and any Dividend Equivalents) in the form of: (i) a cash payment to the extent settlement in Shares (1) is

prohibited under local law, (2) would require you, the Company and/or your Employer to obtain the approval

of any governmental and/or regulatory body in your country of residence (and country of employment, if

different), or (3) is administratively burdensome; or (ii) Shares, but require you to immediately sell such

Shares (in which case, the Company shall have the authority to issue sales instructions in relation to such

Shares on your behalf).

10.The number of Shares subject to the PSUs shall be subject to adjustment and the vesting dates

hereof may be accelerated as follows:

(a)In the event that the Shares, as presently constituted, shall be changed into or exchanged

for a different number or kind of shares of stock or other securities of the Company or of another corporation

(whether by reason of merger, consolidation, recapitalization, reclassification, split-up, combination of shares,

or otherwise) or if the number of such Shares shall be increased through the payment of a stock dividend or a

dividend on the Shares of rights or warrants to purchase securities of the Company shall be made, then there

shall be substituted for or added to each Share theretofore subject to the PSUs the number and kind of shares of

stock or other securities into which each outstanding Share shall be so changed, or for which each such Share

shall be exchanged, or to which each such Share shall be entitled. The other terms of the PSUs shall also be

appropriately amended as may be necessary to reflect the foregoing events. In the event there shall be any

other change in the number or kind of the outstanding Shares, or of any stock or other securities into which

such Shares shall have been exchanged, then if the Committee shall, in its sole discretion, determine that such

change equitably requires an adjustment in the PSUs, such adjustment shall be made in accordance with such

determination.

(b)Fractional Shares resulting from any adjustment in the PSUs may be settled in cash or

otherwise as the Committee shall determine, in its sole discretion. Notice of any adjustment will be given to you

and such adjustment (whether or not such notice is given) shall be effective and binding for all purposes hereof.

(c)The Committee shall have the power to amend the PSUs to permit the immediate vesting

of the PSUs (and to terminate any unvested PSUs) and the distribution of the underlying Shares prior to the

effectiveness of (i) any disposition of substantially all of the assets of the Company or your Employer, (ii) the

shutdown, discontinuance of operations or dissolution of the Company or your Employer, or (iii) the merger or

consolidation of the Company or your Employer with or into any other unrelated corporation.

11.If you are resident or employed outside of the United States, you agree, as a condition of the grant

of the PSUs, to repatriate all payments attributable to the Shares and/or cash acquired under the 2011 Plan

(including, but not limited to, dividends, dividend equivalents and any proceeds derived from the sale of the

Shares acquired pursuant to the PSUs) if required by and in accordance with local foreign exchange rules and

regulations in your country of residence (and country of employment, if different). In addition, you also agree to

take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be

required to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in your

country of residence (and country of employment, if different). Finally, you agree to take any and all actions as

may be required to comply with your personal legal and tax obligations under local laws, rules and

regulations in your country of residence (and country of employment, if different).

12.If you are resident and/or employed in a country that is a member of the European Union, the

grant of the PSUs and these Terms and Conditions are intended to comply with the age discrimination

provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the "Age

Discrimination Rules"). To the extent that a court or tribunal of competent jurisdiction determines that any

provision of these Terms and Conditions are invalid or unenforceable, in whole or in part, under the Age

Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike

such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted

under local law.

Exhibit 10(iii)

13.Regardless of any action the Company and/or your Employer take with respect to any or all

income tax (including U.S. federal, state and local taxes or non-U.S. taxes), social insurance, payroll tax, payment

on account or other tax-related withholding ("Tax-Related Items"), you acknowledge that the ultimate

liability for all Tax-Related Items legally due by you are and remains your responsibility and that the Company

and your Employer (i) make no representations or undertakings regarding the treatment of any Tax-Related

Items in connection with any aspect of the PSUs, including the grant of the PSUs, the vesting of the PSUs, the

subsequent sale of any Shares acquired pursuant to the PSUs and the receipt of any dividends or dividend

equivalents and (ii) do not commit to structure the terms of the grant or any aspect of the PSUs to reduce or

eliminate your liability for Tax-Related Items. Further, if you become subject to taxation in more than one

country between the grant date and the date of any relevant taxable or tax withholding event, as applicable, you

acknowledge that your Employer (or former employer, as applicable) may be required to withhold or account

for Tax-Related Items in more than one country.

In connection with any taxable event, if your country of residence (and/or your country of employment,

if different) requires withholding of Tax-Related Items, the Company shall withhold a number of whole Shares

that have an aggregate Fair Market Value that the Company, taking into account local requirements and

administrative issues, determines in its sole discretion is appropriate to cover withholding for Tax-Related

Items with respect to the Shares. The cash equivalent of the Shares withheld will be used to settle the obligation

to withhold the Tax-Related Items. In cases where the Fair Market Value of the number of whole Shares

withheld is greater than the amount required to be paid to the relevant government authorities with respect to

withholding for Tax-Related Items, the Company shall make a cash payment to you equal to the difference as

soon as administratively practicable. In the event that withholding in Shares is prohibited or problematic under

applicable law or otherwise may trigger adverse consequences to the Company or your Employer, your

Employer shall withhold the Tax-Related Items required to be withheld with respect to the Shares in cash from

your regular salary and/or wages or other amounts payable to you. In the event the withholding requirements

are not satisfied through the withholding of Shares or through your regular salary and/or wages or any other

amounts payable to you by your Employer, no Shares will be issued to you (or your estate) unless and until

satisfactory arrangements (as determined by the Board of Directors) have been made by you with respect to

the payment of any Tax-Related Items that the Company or your Employer determines, in its sole discretion,

should be withheld or collected with respect to such PSUs. By accepting these PSUs, you expressly consent to

the withholding of Shares and/or withholding from your regular salary and/or wages or other amounts payable

to you as provided for hereunder. All other Tax- Related Items related to the PSUs and any Shares delivered in

payment thereof are your sole responsibility.

14.The PSUs are intended to be exempt from the requirements of Code Section 409A. The 2011 Plan

and these Terms and Conditions shall be administered and interpreted in a manner consistent with this intent.

If the Company determines that these Terms and Conditions are subject to Code Section 409A and that it has

failed to comply with the requirements of that Section, the Company may, at the Company's sole discretion and

without your consent, amend these Terms and Conditions to cause them to comply with Code Section 409A or

be exempt from Code Section 409A.

15.If you were required to sign the "Stryker Confidentiality, Intellectual Property, Non-Competition

and Non-Solicitation Agreement" or a similar agreement in order to receive the PSUs or have previously signed

such an agreement and you breach any non-competition, non-solicitation or non-disclosure provision or

provision as to ownership of inventions contained therein at any time while employed by the Company or a

Subsidiary, or during the one-year period following termination of employment, any unvested PSUs shall be

rescinded and you shall return to the Company all Shares that were acquired upon vesting of the PSUs that you

have not disposed of. Further, you shall pay to the Company an amount equal to the profit realized by you (if

any) on all Shares that were acquired upon vesting of the PSUs that you have disposed of. For purposes of the

preceding sentence, the profit shall be the Fair Market Value of the Shares at the time of disposition.

16.The PSUs shall be transferable only by will or the laws of descent and distribution. If you shall

purport to make any transfer of the PSUs, except as aforesaid, the PSUs and all rights thereunder shall

terminate immediately.

17.The PSUs shall not be vested in whole or in part, and the Company shall not be obligated to issue

any Shares subject to the PSUs, if such issuance would, in the opinion of counsel for the Company, violate the

Securities Act of 1933 or any other U.S. federal, state or non-U.S. statute having similar requirements as it may

be in effect at the time. The PSUs are subject to the further requirement that, if at any time the Board of

Directors shall determine in its discretion that the listing or qualification of the Shares subject to the PSUs

Exhibit 10(iii)

under any securities exchange requirements or under any applicable law, or the consent or approval of any

governmental regulatory body, is necessary or desirable as a condition of or in connection with the issuance of

Shares pursuant to the PSUs, the PSUs may not be vested in whole or in part unless such listing, qualification,

consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of

Directors.

18.The grant of the PSUs shall not confer upon you any right to continue in the employ of your

Employer nor limit in any way the right of your Employer to terminate your employment at any time. You shall

have no rights as a shareholder of the Company with respect to any Shares issuable upon the vesting of the

PSUs until the date of issuance of such Shares.

19.You acknowledge and agree that the 2011 Plan is discretionary in nature and may be amended,

cancelled, or terminated by the Company, in its sole discretion, at any time. The grant of the PSUs under the

2011 Plan is a one-time benefit and does not create any contractual or other right to receive a grant of PSUs or

any other award under the 2011 Plan or other benefits in lieu thereof in the future. Future grants, if any, will be

at the sole discretion of the Company, including, but not limited to, the form and timing of any grant, the

number of Shares subject to the grant, and the vesting provisions. Any amendment, modification or termination

of the 2011 Plan shall not constitute a change or impairment of the terms and conditions of your employment

with your Employer.

20.Your participation in the 2011 Plan is voluntary. The value of the PSUs and any other awards

granted under the 2011 Plan is an extraordinary item of compensation outside the scope of your employment

(and your employment contract, if any). Any grant under the 2011 Plan, including the grant of the PSUs, is not

part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy,

end of service payments, holiday pay, bonuses, long-service awards, pension, or retirement benefits or similar

payments.

21.The PSUs are granted solely by the Company.  Your Employer and any other Subsidiary are not a

party to these Terms and Conditions, and any rights you may have under these Terms and Conditions may be

raised only against the Company (and may not be raised against your Employer or any other Subsidiary).

22.These Terms and Conditions shall bind and inure to the benefit of the Company, its successors

and assigns and you and your estate in the event of your death.

23.The Company is located at 1941 Stryker Way, Portage, Michigan 49002, U.S.A. and grants PSUs

under the 2011 Plan to employees of the Company and Subsidiaries in its sole discretion. In conjunction with

the Company's grant of the PSUs under the 2011 Plan and its ongoing administration of such awards, the

Company is providing the following information about its data collection, processing and transfer practices

("Personal Data Activities"). In accepting the grant of the PSUs, you expressly and explicitly consent to the

Personal Data Activities as described herein.

(a)The Company collects, processes and uses your personal data, including your name, home

address, email address, and telephone number, date of birth, social insurance number or other identification

number, salary, citizenship, job title, any Shares or directorships held in the Company, and details of all PSUs or

any other equity compensation awards granted, canceled, exercised, vested, or outstanding in your favor, which

the Company receives from you or your Employer. In granting the PSUs under the 2011 Plan, the Company will

collect your personal data for purposes of allocating Shares and implementing, administering and managing the

2011 Plan. The Company's legal basis for the collection, processing and usage of your personal data is your

consent.

(b)The Company transfers your personal data to the Stock Plan Administrator. In the future,

the Company may select a different Stock Plan Administrator and share your personal data with another

company that serves in a similar manner, including, but not limited to, the Company's outside legal counsel as

well as the Company’s auditor. The Stock Plan Administrator will open an account for you, if an account is not

already in place, to receive and trade Shares acquired under the 2011 Plan. You will be asked to agree on

separate terms and data processing practices with the Stock Plan Administrator, which is a condition to your

ability to participate in the 2011 Plan.

(c)The Company and the Stock Plan Administrator are based in the United States. You should

note that your country of residence may have enacted data privacy laws that are different from the United

States. The Company's legal basis for the transfer of your personal data to the United States is your consent.

Exhibit 10(iii)

(d)Your participation in the 2011 Plan and your grant of consent is purely voluntary. You

may deny or withdraw your consent at any time. If you do not consent, or if you withdraw your consent, you

may be unable to participate in the 2011 Plan. This would not affect your existing employment or salary;

instead, you merely may forfeit the opportunities associated with the 2011 Plan.

(e)You may have a number of rights under the data privacy laws in your country of

residence. For example, your rights may include the right to (i) request access or copies of personal data the

Company processes, (ii) request rectification of incorrect data, (iii) request deletion of data, (iv) place

restrictions on processing, (v) lodge complaints with competent authorities in your country or residence, and/

or (vi) request a list with the names and addresses of any potential recipients of your personal data. To receive

clarification regarding your rights or to exercise your rights, you should contact your local HR manager or the

Company's Human Resources Department.

24.The grant of the PSUs is not intended to be a public offering of securities in your country of

residence (and country of employment, if different). The Company has not submitted any registration

statement, prospectus or other filing(s) with the local securities authorities (unless otherwise required under

local law). No employee of the Company is permitted to advise you on whether you should acquire

Shares under the 2011 Plan or provide you with any legal, tax or financial advice with respect to the

grant of the PSUs. The acquisition of Shares involves certain risks, and you should carefully consider all

risk factors and tax considerations relevant to the acquisition of Shares under the 2011 Plan or the

disposition of them. Further, you should carefully review all of the materials related to the PSUs and the

2011 Plan, and you should consult with your personal legal, tax and financial advisors for professional

advice in relation to your personal circumstances.

25.All questions concerning the construction, validity and interpretation of the PSUs and the 2011

Plan shall be governed and construed according to the laws of the state of Michigan, without regard to the

application of the conflicts of laws provisions thereof. Any disputes regarding the PSUs or the 2011 Plan shall

be brought only in the state or federal courts of the state of Michigan.

26.The Company may, in its sole discretion, decide to deliver any documents related to the PSUs or

other awards granted to you under the 2011 Plan by electronic means. You hereby consent to receive such

documents by electronic delivery and agree to participate in the 2011 Plan through an on-line or electronic

system established and maintained by the Company or a third party designated by the Company.

27.The invalidity or unenforceability of any provision of the 2011 Plan or these Terms and

Conditions shall not affect the validity or enforceability of any other provision of the 2011 Plan or these Terms

and Conditions.

28.If you are resident outside of the United States, you acknowledge and agree that it is your express

intent that these Terms and Conditions, the 2011 Plan and all other documents, notices and legal proceedings

entered into, given or instituted pursuant to the PSUs be drawn up in English. If you have received these Terms

and Conditions, the 2011 Plan or any other documents related to the PSUs translated into a language other

than English and the meaning of the translated version is different than the English version, the English version

will control.

29.You acknowledge that, depending on your or your broker's country of residence or where the

Shares are listed, you may be subject to insider trading restrictions and/or market abuse laws which may affect

your ability to accept, acquire, sell or otherwise dispose of Shares, rights to Shares (e.g., PSUs) or rights linked

to the value of Shares during such times you are considered to have "inside information" regarding the

Company as defined in the laws or regulations in your country of employment (and country of residence, if

different). Local insider trading laws and regulations may prohibit the cancellation or amendment of orders you

placed before you possessed inside information. Furthermore, you could be prohibited from (i) disclosing the

inside information to any third party (other than on a "need to know" basis) and (ii) "tipping" third parties or

causing them otherwise to buy or sell securities. Third parties include fellow employees. Any restrictions under

these laws or regulations are separate from and in addition to any restrictions that may be imposed under any

applicable Company insider trading policy. You acknowledge that it is your responsibility to comply with any

restrictions and are advised to speak to your personal advisor on this matter.

30.Notwithstanding any provisions of these Terms and Conditions to the contrary, the PSUs shall be

subject to any special terms and conditions for your country of residence (and country of

employment, if different) set forth in an addendum to these Terms and Conditions (an "Addendum"). Further, if

Exhibit 10(iii)

you transfer your residence and/or employment to another country reflected in an Addendum to these Terms

and Conditions at the time of transfer, the special terms and conditions for such country will apply to you to the

extent the Company determines, in its sole discretion, that the application of such special terms and conditions

is necessary or advisable in order to comply with local law, rules and regulations, or to facilitate the operation

and administration of the award and the 2011 Plan (or the Company may establish alternative terms and

conditions as may be necessary or advisable to accommodate your transfer). In all circumstances, any

applicable Addendum shall constitute part of these Terms and Conditions.

31.The Company reserves the right to impose other requirements on the PSUs, any Shares acquired

pursuant to the PSUs and your participation in the 2011 Plan to the extent the Company determines, in its sole

discretion, that such other requirements are necessary or advisable in order to comply with local law, rules and

regulations, or to facilitate the operation and administration of the award and the 2011 Plan. Such

requirements may include (but are not limited to) requiring you to sign any agreements or undertakings that

may be necessary to accomplish the foregoing.

32.This Section 32 applies only to those persons whom the Company's Recoupment Policy

applies (the corporate officers elected by the Company's Board of Directors other than Assistant

Controllers, Assistant Secretaries and Assistant Treasurers). Notwithstanding any other provision of these

Terms and Conditions to the contrary, you acknowledge and agree that your PSUs, any Shares acquired

pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential

cancellation, recoupment, rescission, payback or other action in accordance with the terms of the Company's

Recoupment Policy as in effect on the date of grant (a copy of which has been furnished to you) and as the

Recoupment Policy may be amended from time to time in order to comply with changes in laws, rules or

regulations that are applicable to such PSUs and Shares. You agree and consent to the Company's application,

implementation and enforcement of (a) the Recoupment Policy and (b) any provision of applicable law relating

to cancellation, recoupment, rescission or payback of compensation and expressly agree that the Company may

take such actions as are necessary to effectuate the Recoupment Policy (as applicable to you) or applicable law

without further consent or action being required by you. For purposes of the foregoing, you expressly and

explicitly authorize the Company to issue instructions, on your behalf, to any brokerage firm and/or third

party administrator engaged by the Company to hold your Shares and other amounts acquired under the 2011

Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. In the case

of a conflict between these Terms and Conditions and the Recoupment Policy, the terms of the Recoupment

Policy shall prevail.

33.This Section 33 applies only to those persons whom the Company's clawback policy

applies. Notwithstanding anything in these Terms and Conditions to the contrary, the PSUs evidenced by these

Terms and Conditions may be subject to (i) recoupment in accordance with or in order to comply with the

terms and provisions of the Company's clawback policy, as may be in effect from time to time (including, but

not limited to, the Mandatory Clawback Policy), to the extent such policies are applicable to you and (ii) any

other compensation recovery policy adopted after the PSUs are granted to facilitate compliance with applicable

law, including in response to the requirements of Section 10D of the Exchange Act, the U.S. Securities and

Exchange Commission’s final rules thereunder, and any applicable listing rules or other rules and regulations

implementing the foregoing. For purposes of the foregoing, you expressly and explicitly authorize the Company

to issue instructions, on your behalf, to the Stock Plan Administrator and any other brokerage firm and/or

third party administrator engaged by the Company to hold your Shares and other amounts acquired under the

2011 Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company.

34.By accepting the grant of the PSUs, you acknowledge that you have read these Terms and

Conditions, the Addendum to these Terms and Conditions (as applicable) and the 2011 Plan and

specifically accept and agree to the provisions therein.

***********************

Exhibit 10(iii)

STRYKER CORPORATION

ADDENDUM TO 

TERMS AND CONDITIONS

      RELATING TO PERFORMANCE STOCK UNITS GRANTED

PURSUANT TO THE 2011 PLAN, AS AMENDED AND RESTATED

In addition to the terms of the 2011 Plan and the Terms and Conditions, the PSUs are subject to the following

additional terms and conditions (the "Addendum"). The information reflected in this Addendum is based on

the securities, exchange control and other laws in effect in the respective countries as of November

2025. All capitalized terms as contained in this Addendum shall have the same meaning as set forth in the 2011

Plan and the Terms and Conditions. Pursuant to Section 30 of the Terms and Conditions, if you transfer your

residence and/or employment to another country reflected in an Addendum at the time of transfer, the special

terms and conditions for such country will apply to you to the extent the Company determines, in its sole

discretion, that the application of such terms and conditions is necessary or advisable in order to comply with

local law, rules and regulations, or to facilitate the operation and administration of the award and the 2011 Plan

(or the Company may establish alternative terms and conditions as may be necessary or advisable to

accommodate your transfer).

Data Privacy Information: European Union ("EU") / European Economic Area ("EEA") / Switzerland and

the United Kingdom*

*The following information is for data privacy purposes only and you should determine whether any other

special terms and conditions apply to your awards in these jurisdictions.

1.Data Privacy. If you reside and/or you are employed in the EU / EEA, Switzerland or the

United Kingdom the following provision replaces Section 23 of the Terms and Conditions:

The Company is located at 1941 Stryker Way, Portage, Michigan 49002, U.S.A. and grants PSUs under the 2011

Plan to employees of the Company and its Subsidiaries in its sole discretion. You should review the following

information about the Company's data processing practices.

(a)Data Collection, Processing and Usage. Pursuant to applicable data protection laws, you

are hereby notified that the Company collects, processes and uses certain personally identifiable information

about you for the legitimate interest of implementing, administering and managing the 2011 Plan and generally

administering equity awards; specifically, including your name, home address, email address and telephone

number, date of birth, social insurance number or other identification number, salary, citizenship, job title, any

Shares or directorships held in the Company, and details of all options or any other awards granted, canceled,

exercised, vested, or outstanding in your favor, which the Company receives from you or your Employer. In

granting the PSUs under the 2011 Plan, the Company will collect your personal data for purposes of allocating

Shares and implementing, administering and managing the 2011 Plan. The Company's collection, processing,

use and transfer of your personal data is necessary for the performance of the Company's contractual

obligations under the 2011 Plan and pursuant to the Company's legitimate interest of managing and generally

administering employee equity awards. Your refusal to provide personal data would make it impossible for the

Company to perform its contractual obligations and may affect your ability to participate in the 2011 Plan. As

such, by participating in the 2011 Plan, you voluntarily acknowledge the collection, processing and use of your

personal data as described herein.

(b)Stock Plan Administration Service Provider. The Company transfers participant data to

the Stock Plan Administrator. In the future, the Company may select a different Stock Plan Administrator and

share your data with another company that serves in a similar manner, including, but not limited to, the

Company's outside legal counsel as well as the Company’s auditor. The Stock Plan Administrator will open an

account for you, if an account is not already in place, to receive and trade Shares acquired under the 2011 Plan.

You will be asked to agree on separate terms and data processing practices with the Stock Plan Administrator,

which is a condition to your ability to participate in the 2011 Plan.

(c)International Data Transfers. The Company and the Stock Plan Administrator are based in

the United States. The Company can only meet its contractual obligations to you if your personal data is

transferred to the United States. The Company's legal basis for the transfer of your personal data to the United

States is to satisfy its contractual obligations to you and/or its use of the standard data protection clauses

adopted by the EU Commission.

Exhibit 10(iii)

(d)Data Retention. The Company will use your personal data only as long as is necessary to

implement, administer and manage your participation in the 2011 Plan or as required to comply with legal or

regulatory obligations, including under tax and security laws. When the Company no longer needs your

personal data, the Company will remove it from its systems. If the Company keeps your data longer, it would be

to satisfy legal or regulatory obligations and the Company's legal basis would be for compliance with relevant

laws or regulations.

(e)Data Subject Rights. You may have a number of rights under data privacy laws in your

country of residence. For example, your rights may include the right to (i) request access or copies of personal

data the Company processes, (ii) request rectification of incorrect data, (iii) request deletion of data, (iv) place

restrictions on processing, (v) lodge complaints with competent authorities in your country of residence, and/or

(vi) request a list with the names and addresses of any potential recipients of your personal data. To receive

clarification regarding your rights or to exercise your rights, you should contact your local HR manager or the

Company's Human Resources Department.

ARGENTINA

1.Securities Law Information. Neither the PSUs nor the underlying Shares offered hereby have been

or will be publicly issued, placed, distributed, offered or registered in the Argentine capital markets, and as

result, have not been and will not be registered with the Argentine Securities Commission (Comisión Nacional

de Valores, "CNV"). Neither this nor any other offering material related to the offering of the RSUs or the

underlying Shares may be utilized in connection with any general offering to the public within Argentina. Any

Argentine resident who acquires the Shares will do so under their own responsibility under the terms of a

private offering to them from outside of Argentina. Under certain circumstances, any Argentine resident who

acquires the Shares may not transfer such Shares to any other person within six (6) months as from its

acquisition date.

2.Nature of Grant.  The following provision supplements Section 20 of the Terms and Conditions:

You acknowledge and agree that the grant of PSUs is made by the Company in its sole discretion and that the

value of the PSUs or any Shares issued upon vesting of the PSUs shall not constitute salary or wages from the

Company or the Employer for any purpose under Argentine labor law, including, but not limited to, the

calculation of (a) any labor benefits including, but not limited to, vacation pay, thirteenth-month salary,

compensation in lieu of notice, annual bonus, disability, and leave of absence payments, etc., or (b) any

termination or severance indemnities or similar payments.

In addition, you acknowledge and agree that if, notwithstanding the foregoing, any benefits under the 2011 Plan

are considered for purposes of calculating any termination or severance indemnities under Argentine labor law,

such benefits shall not accrue more frequently than on an annual basis.

3.Language Consent. By accepting the PSUs, you acknowledge that you are proficient in reading and

understanding English and fully understands the terms of the documents related to the PSUs (the Terms and

Conditions, this Addendum and the 2011 Plan), which were provided in the English language. You accept the

terms of these documents accordingly.

Consentimiento lingüístico. Al aceptar las PSU, usted reconoce que domina la lectura y la comprensión del

inglés y comprende plenamente los términos de los documentos relacionados con las PSU (los Términos y

condiciones, este Anexo y el Plan 2011), que se proporcionaron en inglés. Usted acepta los términos de estos

documentos en consecuencia.

AUSTRALIA

1.PSUs Conditioned on Satisfaction of Regulatory Obligations. If you are (a) a director of a

Subsidiary incorporated in Australia, or (b) a person who is a management-level executive of a Subsidiary

incorporated in Australia and who also is a director of a Subsidiary incorporated outside of Australia, the grant

of the PSUs is conditioned upon satisfaction of the shareholder approval provisions of section 200B of the

Corporations Act 2001 (Cth) in Australia.

2.Securities Law Information. This grant of PSUs is being made under Division 1A Part 7.12 of the

Australian Corporations Act 2001 (Cth). If Shares acquired under the 2011 Plan are offered for sale to a person

Exhibit 10(iii)

or entity resident in Australia, your offer may be subject to disclosure requirements under Australian law. You

should obtain legal advice on any disclosure obligations prior to making any such offer.

3.Tax Notification.  The 2011 Plan is a plan to which Subdivision 83A-C of the Income Tax

Assessment Act 1997 (Cth) applies (subject to conditions in the Act).

4.Exchange Control Information. Exchange control reporting is required for cash transactions

exceeding AUD 10,000 and international fund transfers. The Australian bank assisting with the transaction will

file the report. If there is no Australian bank involved in the transfer, you personally will be required to file the

report. You should consult with your personal advisor(s) regarding any personal legal, regulatory or foreign

exchange obligations you may have in connection with your participation in the 2011 Plan.

AUSTRIA

1.Exchange Control Information. If you hold Shares obtained under the 2011 Plan or cash

(including proceeds from the sale of Shares) outside Austria, you may be required to submit quarterly reports

to the Austrian National Bank. An exemption applies if the value of the Shares held outside Austria of any

quarter does not exceed a certain threshold (currently €5,000,000). The deadline for filing the quarterly report

is the 15th of the month following the end of the respective quarter.  When the Shares are sold, you may be

required to comply with certain exchange control obligations if the cash proceeds from the sale is held outside

Austria, as a separate reporting requirement applies to any non-Austrian cash accounts. If the transaction

volume of all of your cash accounts abroad exceeds a certain threshold (currently €10,000,000), the movements

and the balance of all accounts must be reported monthly, as of the last day of the month, on or before the 15th

day of the following month, on the prescribed forms.  The thresholds described above may be subject to change.

You should consult with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange

obligations you may have in connection with your participation in the 2011 Plan.

BELGIUM

1.Foreign Asset/Account Reporting Information. Belgian residents are required to report any

security (e.g, Shares acquired under the 2011 Plan) or bank account established outside of Belgium on their

personal annual tax return. In a separate report, Belgian residents also are required to provide a central contact

point of the National Bank of Belgium with the account number of those foreign bank accounts, the name of the

bank with which the accounts were opened and the country in which they were opened in a separate report.

This report, as well as additional information on how to complete it, can be found on the website of the National

Bank of Belgium, www.nbb.be, under the Kredietcentrales / Centrales des credits caption. You should consult

with your personal advisor(s) regarding any personal foreign asset/foreign account tax obligations you may

have in connection with your participation in the 2011 Plan.

2.Stock Exchange Tax Information. A stock exchange tax applies to transactions executed by

Belgian residents through a non-Belgian financial intermediary, such as a U.S. broker. The stock exchange tax

will apply when Shares acquired pursuant to the PSUs are sold. You should consult with a personal tax or

financial advisor for additional details on your obligations with respect to the stock exchange tax.

3.Annual Securities Account Tax. An annual securities accounts tax may be payable if the total value

of securities held in a Belgian or foreign securities account (e.g., Shares acquired under the 2011 Plan) exceeds a

certain threshold on four reference dates within the relevant reporting period (i.e., December 31, March 31, June

30 and September 30). In such case, the tax will be due on the value of the qualifying securities held in such

account. You should consult with a personal tax or financial advisor for additional details on your obligations

with respect to the annual securities account tax.

BRAZIL

1.Labor Law Acknowledgment. By accepting the PSUs, you acknowledge and agree, for all legal

purposes, that (a) the benefits provided under the Terms and Conditions and the 2011 Plan are the result of

commercial transactions unrelated to your employment; (b) the Terms and Conditions and the 2011 Plan are

not a part of the terms and conditions of your employment; and (c) the income from the PSUs, if any, is not part

of your remuneration from employment.

Exhibit 10(iii)

2.Compliance with Law. By accepting the PSUs, you acknowledge and agree to comply with

applicable Brazilian laws and to pay any and all applicable taxes associated with the vesting of the PSUs, the

issuance and/or sale of Shares acquired under the 2011 Plan and the receipt of any dividends.

3.Exchange Control Information. If you are resident or domiciled in Brazil, you will be required to

submit an annual declaration of assets and rights held outside of Brazil to the Central Bank of Brazil if the

aggregate value of such assets and rights is greater than USD1 million as of December 31 of each year. If the

aggregate value exceeds USD100 million as of the end of each quarter, a declaration must be submitted

quarterly. Assets and rights that must be reported include Shares acquired under the 2011 Plan. You should

consult with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange

obligations you may have in connection with your participation in the 2011 Plan.

4.Tax on Financial Transaction (IOF). Repatriation of funds (e.g., the proceeds from the sale of

Shares) into Brazil and the conversion of USD into BRL associated with such fund transfers may be subject to

the Tax on Financial Transactions. It is your responsibility to comply with any applicable Tax on Financial

Transactions arising from your participation in the 2011 Plan. You should consult with your personal tax

advisor for additional details.

CANADA

1.Settlement in Shares. Notwithstanding anything to the contrary in the Terms and Conditions or

the 2011 Plan, the PSUs shall be settled only in Shares (and may not be settled in cash).

2.Termination of Employment. The following supplements Section 8(c) of the Terms and Conditions

as well as any other section required to give effect to the same:

Except as explicitly and minimally required under appliable legislation, in the event of your termination of

employment for any reason (other than by reason of death, Disability or Retirement), either by you or by the

Employer, with or without cause, your rights to vest or to continue to vest in the PSUs and receive Shares under

the 2011 Plan, if any, will terminate as of the actual Termination Date. For this purpose, the "Termination Date"

shall mean the last day on which you are actively employed by the Employer, and shall not include or be

extended by any period following such day during which you are in receipt of or eligible to receive any notice of

termination, pay in lieu of notice of termination, severance pay or any other payments or damages, whether

arising under statute, contract or at common law.

Notwithstanding the foregoing, if applicable employment standards legislation explicitly requires continued

entitlement to vesting during a statutory notice period, your right to vest in the PSUs under the 2011 Plan, if

any, will terminate effective as of the last day of your minimum statutory notice period, but you will not earn or

be entitled to pro-rated vesting if the vesting date falls after the end of your statutory notice period, nor will you

be entitled to any compensation for lost vesting.

3.Foreign Asset/Account Reporting Information. Specified foreign property, including the PSUs,

Shares acquired under the 2011 Plan, and other rights to receive shares of a non-Canadian company held by a

Canadian resident generally must be reported annually on a Form T1135 (Foreign Income Verification

Statement) if the total cost of the specified foreign property exceeds C$100,000 at any time during the year.

Thus, the unvested portion of the PSUs must be reported – generally at a nil cost – if the C$100,000 cost

threshold is exceeded because you holds other specified foreign property. When Shares are acquired, their cost

generally is the adjusted cost base (“ACB”) of the Shares. The ACB ordinarily will equal the fair market value of

the Shares at the time of acquisition, but if you owns other Shares, the ACB may need to be averaged with the

ACB of the other Shares. You should consult with your personal advisor(s) regarding any personal foreign

asset/foreign account tax obligations you may have in connection with your participation in the 2011 Plan.

Exhibit 10(iii)

BY SIGNING BELOW, YOU ACKNOWLEDGE, UNDERSTAND AND AGREE TO THE PROVISIONS OF THE 2011

PLAN, THE TERMS AND CONDITIONS AND THIS ADDENDUM.

PLEASE SIGN AND RETURN THIS ADDENDUM VIA EMAIL NO LATER THAN APRIL 30, 2026 TO

STOCKPLANADMINISTRATION@STRYKER.COM.

Employee Signature		Employee Name (Printed)
Date

CHILE

1.Private Placement. The following provision shall replace Section 24 of the Terms

and Conditions:

The grant of the PSUs hereunder is not intended to be a public offering of securities in Chile but instead is

intended to be a private placement.

(a)The starting date of the offer will be the grant date, and this offer conforms to General

Ruling no. 336 of the Chilean Commission for the Financial Markets ("CMF");

(b)The offer deals with securities not registered in the registry of securities or in the

registry of foreign securities of the CMF, and therefore such securities are not subject to its oversight;

(c)The Company, as the issuer, is not obligated to provide public information in Chile

regarding the foreign securities, as such securities are not registered with the CMF; and

(d)The Shares, as foreign securities, shall not be subject to public offering as long as they are

not registered with the corresponding registry of securities in Chile.

(a)La fecha de inicio de la oferta será el de la fecha de otorgamiento y esta oferta se acoge a la

norma de Carácter General n° 336 de la Comisión para el Mercado Financiero Chilena ("CMF");

(b)La oferta versa sobre valores no inscritos en el registro de valores o en el registro de valores

extranjeros que lleva la CMF, por lo que tales valores no están sujetos a la fiscalización de ésta;

(c)Por tratar de valores no inscritos no existe la obligación por parte del emisor de

entregar en chile información pública respecto de esos valores; y

(d)Esos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el registro

de valores correspondiente.

2.Exchange Control Information. If your aggregate investments held outside of Chile (including the

value of Shares acquired under the 2011 Plan) are equal to or greater than USD5,000,000, you must provide the

Central Bank with updated information accumulated for a three-month period within 45 calendar days of March

31, June 30 and September 30 and within 60 calendar days of December 31. Annex 3.1 of Chapter XII of the

Foreign Exchange Regulations Manual must be used to file this report. You are not required to repatriate

funds obtained from the sale of Shares or the receipt of any dividends to Chile. However, if you decide to

repatriate such funds, you must do so through the Formal Exchange Market if the funds exceed USD10,000. In

such case, you must report the payment to a commercial bank or the registered foreign exchange office

receiving the funds. If you do not repatriate the funds and instead use such funds for the payment of other

obligations contemplated under a different Chapter of the Foreign Exchange Regulations, you must sign

Annex 1 of the Manual of Chapter XII of the Foreign Exchange Regulations and file it directly with the

Central Bank within the first 10 days of the month immediately following the transaction. You should

consult with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations

you may have in connection with your participation in the 2011 Plan.

Exhibit 10(iii)

3.Foreign Asset/Account Reporting Information. The Chilean Internal Revenue Service (“CIRS”)

requires all taxpayers to provide information annually regarding: (a) any taxes paid abroad which they will use

as a credit against Chilean income taxes, and (b) the results of foreign investments. These annual reporting

obligations must be complied with by submitting a sworn statement setting forth this information before July 1

of each year. The sworn statement disclosing this information (or Formularios) must be submitted

electronically through the CIRS website, www.sii.cl, using Form 1929. You should consult with your personal

advisor(s) regarding any personal foreign asset/foreign account tax obligations you may have in connection

with your participation in the 2011 Plan.

CHINA

1.PSUs Conditioned on Satisfaction of Regulatory Obligations. If you are a People's Republic of

China ("PRC") national, the grant of the PSUs is conditioned upon the Company securing all necessary approvals

from the PRC State Administration of Foreign Exchange to permit the operation of the 2011 Plan and the

participation of PRC nationals employed by your Employer, as determined by the Company in its sole discretion.

2.Sale of Shares. Notwithstanding anything to the contrary in the 2011 Plan, upon any termination

of employment with your Employer, you shall be required to sell all Shares acquired under the 2011 Plan

within such time period as may be established by the PRC State Administration of Foreign

Exchange.

3.Exchange Control Restrictions. You acknowledge and agree that you will be required immediately

to repatriate to the PRC the proceeds from the sale of any Shares acquired under the 2011 Plan, as well as any

other cash amounts attributable to the Shares acquired under the 2011 Plan (collectively, "Cash Proceeds").

Further, you acknowledge and agree that the repatriation of the Cash Proceeds must be effected through a

special bank account established by your Employer, the Company or one of its Subsidiaries, and you hereby

consent and agree that the Cash Proceeds may be transferred to such account by the Company on your behalf

prior to being delivered to you. The Cash Proceeds may be paid to you in U.S. dollars or local currency at the

Company's discretion. If the Cash Proceeds are paid to you in U.S. dollars, you understand that a U.S. dollar bank

account must be established and maintained in China so that the proceeds may be deposited into such account.

Additionally, if the Company changes its Stock Plan Administrator, you acknowledge and agree that the

Company may transfer any Shares issued under the 2011 Plan to the new designated Stock Plan Administrator

if necessary for legal or administrative reasons. You agree to sign any documentation necessary to facilitate the

transfer. If the Cash Proceeds are paid to you in local currency, you acknowledge and agree that the Company is

under no obligation to secure any particular exchange conversion rate and that the Company may face delays in

converting the Cash Proceeds to local currency due to exchange control restrictions. You agree to bear any

currency fluctuation risk between the time the Shares are sold and the Cash Proceeds are converted into local

currency and distributed to you. You further agree to comply with any other requirements that may be imposed

by your Employer, the Company and its Subsidiaries in the future in order to facilitate compliance with

exchange control requirements in the PRC.

COLOMBIA

1.Nature of Grant. In addition to the provisions of Section 20 of the Terms and Conditions you

acknowledge that, pursuant to Article 128 of the Colombian Labor Code, the 2011 Plan and related benefits do

not constitute a component of your "salary" for any legal purpose. Therefore, they will not be included and/or

considered for purposes of calculating any and all labor benefits, such as legal/fringe benefits, vacations,

indemnities, payroll taxes, social insurance contributions and/or any other labor-related amount which may be

payable.

2.Securities Law Information. The Shares subject to the PSUs are not and will not be registered in

the Colombian registry of publicly traded securities (Registro Nacional de Valores y Emisores) and therefore the

Shares may not be offered to the public in Colombia. Nothing in this document should be construed as the

making of a public offer of securities in Colombia.

3.Exchange Control Information. Investments in assets located outside Colombia (including Shares)

are subject to registration with the Central Bank (Banco de la República), as foreign investments held abroad,

regardless of value. In addition, all payments related to the liquidation of such investments must be transferred

through the Colombian foreign exchange market (e.g. local banks), which includes the obligation of correctly

completing and filing the appropriate foreign exchange form (declaración de cambio). You should consult

Exhibit 10(iii)

with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may

have in connection with your participation in the 2011 Plan.

4.Foreign Asset/Account Reporting Information. An annual informative return must be filed with

the Colombian Tax Office detailing any assets held abroad (including the Shares acquired under the 2011 Plan).

If the individual value of any of these assets exceeds a certain threshold, each asset must be described (e.g., its

nature and its value) and the jurisdiction in which it is located must be disclosed. You acknowledge that you

personally are responsible for complying with this tax reporting requirement. You should consult with your

personal advisor(s) regarding any personal foreign asset/foreign account tax obligations you may have in

connection with your participation in the 2011 Plan.

COSTA RICA

No country specific provisions.

DENMARK

1.Treatment of PSUs upon Termination of Employment. Notwithstanding any provision in the

Terms and Conditions or the 2011 Plan to the contrary, unless you are a member of registered management

who is not considered a salaried employee, the treatment of the PSUs upon a termination of employment which

is not a result of death shall be governed by Sections 4 and 5 of the Danish Act on Stock Option in Employment

Relations (the "Act"). You acknowledge any grant of PSUs under the 2011 Plan is subject to the rules of such Act.

However, if the provisions in the Terms and Conditions or the 2011 Plan governing the treatment of the PSUs

upon a termination of employment are more favorable, then the provisions of the Terms and Conditions or the

2011 Plan will govern, as set forth in the Employer Statement, included as Exhibit A to this Addendum, and

which is being provided to comply with the Act.

2.Foreign Asset/Account Reporting Information. Danish residents who establish an account

holding Shares or an account holding cash outside Denmark must report the account to the Danish Tax

Administration as part of their annual tax return under the section related to foreign affairs and income. The

form which should be used in this respect can be obtained from a local bank. You should consult with your

personal advisor(s) regarding any personal foreign asset/foreign account tax obligations you may have in

connection with your participation in the 2011 Plan.

FINLAND

1.Withholding of Tax-Related Items. Notwithstanding anything in Section 13 of the Terms and

Conditions to the contrary, if you are a local national of Finland, any Tax-Related Items shall be withheld only in

cash from your regular salary/wages or other amounts payable to you in cash or such other withholding

methods as may be permitted under the 2011 Plan and allowed under local law.

2.Foreign Asset/Account Reporting Information. Finland has not adopted any specific reporting

requirements with respect to foreign assets/accounts. However, you should check your pre-completed tax

return to confirm that the ownership of Shares and other securities (foreign or domestic) are correctly

reported. If you find any errors or omissions, you must make the necessary corrections electronically or by

sending specific paper forms to the local tax authorities. You should consult with your personal advisor(s)

regarding any personal foreign asset/foreign account tax obligations you may have in connection with your

participation in the 2011 Plan.

FRANCE

1.Non-Qualified Nature of PSUs. The Award granted pursuant to the Terms and Conditions is not

intended to be “French-qualified” and is ineligible for specific tax and/or social security treatment in France

under Sections L. 225-197-1 to L. 225-197-5 and Sections L. 22-10-59 to L. 22-10-60 of the French Commercial

Code, as amended.

2.Exchange Control Information. The value of any cash or securities imported to or exported from

France without the use of a financial institution must be reported to the customs and excise authorities when

the value of such cash or securities is equal to or greater than a certain amount (€10,000). You should consult

with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you

may have in connection with your participation in the 2011 Plan.

Exhibit 10(iii)

3.Foreign Asset/Account Reporting Information. French residents must report annually any shares

and bank accounts held outside France, including the accounts that were opened, used and/or closed during the

tax year, to the French tax authorities, on an annual basis on a special Form N° 3916, together with your

personal income tax return. Failure to report triggers a significant penalty. You should consult with your

personal advisor(s) regarding any personal foreign asset/foreign account tax obligations you may have in

connection with your participation in the 2011 Plan.

4.Use of English Language. By accepting your PSUs, you acknowledge and agree that it is your wish

that the Terms and Conditions, this Addendum, as well as all other documents, notices and legal proceedings

entered into, given or instituted pursuant to your PSUs, either directly or indirectly, be drawn up in English.

Langue anglaise. En acceptant l'allocation de vos PSUs, vous reconnaissez et acceptez avoir

souhaité que le Termes et Conditions, le présent avenant, ainsi que tous autres documents exécutés, avis

donnés et procédures judiciaires intentées, relatifs, directement ou indirectement, à l'allocation de vos

PSUs, soient rédigés en anglais.

BY SIGNING BELOW, YOU ACKNOWLEDGE, UNDERSTAND AND AGREE TO THE PROVISIONS OF THE 2011

PLAN, THE TERMS AND CONDITIONS AND THIS ADDENDUM.

PLEASE SIGN AND RETURN THIS ADDENDUM VIA EMAIL NO LATER THAN APRIL 30, 2026 TO

STOCKPLANADMINISTRATION@STRYKER.COM.

Employee Signature		Employee Name (Printed)
Date

GERMANY

1.Exchange Control Information. Cross-border payments in excess of  a certain amount (currently

€50,000) (the “Threshold”) in connection with the 2011 Plan (e.g., proceeds from the sale of Shares acquired

under the 2011 Plan) and/or if the Company withholds or sells Shares with a value in excess of the Threshold

for any Tax-Related Items, must be reported to the German Federal Bank (Bundesbank) by the fifth day of the

month following the month in which the payment is received or made. If you acquire Shares with a value in

excess of the Threshold, the Employer will report the acquisition of such Shares to the German Federal Bank. If

you otherwise make or receive a payment in excess of the Threshold, you personally must report the payment

to the Bundesbank electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal

Statistik”) available via the Bundesbank’s website (www.bundesbank.de). You should consult with your

personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may have in

connection with your participation in the 2011 Plan.

2.Foreign Asset/Account Reporting Information. German residents must notify their local tax office

of the acquisition of Shares when they file their personal income tax returns for the relevant year if the value of

the Shares acquired exceeds €150,000 or in the unlikely event that the resident holds Shares exceeding 10% of

the Company’s total Shares outstanding. However, if the Shares are listed on a recognized U.S. stock exchange

and you own less than 1% of the total Shares, this requirement will not apply even if Shares with a value

exceeding €150,000 are acquired. You should consult with your personal advisor(s) regarding any personal

foreign asset/foreign account tax obligations you may have in connection with your participation in the 2011

Plan.

HONG KONG

1.Important Notice. Warning: The contents of the Terms and Conditions, this Addendum, the 2011

Plan, and all other materials pertaining to the PSUs and/or the 2011 Plan have not been reviewed by any

regulatory authority in Hong Kong. You are hereby advised to exercise caution in relation to the offer

thereunder. If you have any doubts about any of the contents of the aforesaid materials, you should obtain

independent professional advice.

Exhibit 10(iii)

2.Lapse of Restrictions. If, for any reason, Shares are issued to you within six (6) months of the

grant date, you agree that you will not sell or otherwise dispose of any such Shares prior to the six-month

anniversary of the grant date.

3.Settlement in Shares. Notwithstanding anything to the contrary in this Addendum, the Terms and

Conditions or the 2011 Plan, the PSUs shall be settled only in Shares (and may not be settled in cash).

4.Nature of the 2011 Plan. The Company specifically intends that the 2011 Plan will not be treated

as an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance

("ORSO"). To the extent any court, tribunal or legal/regulatory body in Hong Kong determines that the 2011

Plan constitutes an occupational retirement scheme for the purposes of ORSO, the grant of the PSUs shall be null

and void.

INDIA

1.Exchange Control Information. Any funds realized in connection with the 2011 Plan (e.g.,

proceeds from the sale of Shares and cash dividends paid on the Shares) must be repatriated to India within a

specified period of time after receipt as prescribed under Indian exchange control laws.  You are personally

responsible for obtaining a foreign inward remittance certificate (“FIRC”) from the bank where you deposit the

foreign currency and holding the FIRC as evidence of the repatriation of funds in the event the Reserve Bank of

India or your Employer requests proof of repatriation.  You are personally responsible for complying with

exchange control laws in India, and neither the Company nor your Employer will be liable for any fines or

penalties resulting from your failure to comply with applicable laws.  You should consult with your personal

advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may have in connection

with your participation in the 2011 Plan.

2.Foreign Asset/Account Reporting Information. You are required to declare your foreign bank

accounts and any foreign financial assets (including Shares acquired under the 2011 Plan held outside India) in

your annual tax return. You should consult with your personal advisor(s) regarding any personal foreign asset/

foreign account tax obligations you may have in connection with your participation in the 2011 Plan.

IRELAND

1.Director Notification Obligations. If you are a director, shadow director or secretary of an Irish

subsidiary whose interest in the Company represents more than 1% of the Company’s voting share capital, you

are required to notify such Irish subsidiary in writing within a certain time period. upon the acquisition of PSUs

or any Shares issued pursuant to PSUs. This notification requirement also applies with respect to the interests in

the Company of your spouse or children under the age of 18 (whose interests will be attributed to you in your

capacity as a director, shadow director or secretary of the Irish subsidiary).

ITALY

1.Foreign Asset/Account Reporting Information. Italian residents who, at any time during the fiscal

year, hold foreign financial assets (including cash and Shares) which may generate income taxable in Italy are

required to report these assets on their annual tax returns (UNICO Form, RW Schedule) for the year during

which the assets are held, or on a special form if no tax return is due. These reporting obligations will also apply

to Italian residents who are the beneficial owners of foreign financial assets under Italian money laundering

provisions. You should consult with your personal advisor(s) regarding any personal foreign asset/foreign

account tax obligations you may have in connection with your participation in the 2011 Plan.

2.Foreign Asset Tax. The value of any Shares (and other financial assets) held outside Italy by

individuals resident of Italy may be subject to a foreign asset tax. The taxable amount will be the fair

market value of the financial assets (e.g., Shares) assessed at the end of the calendar year. The value of financial

assets held abroad must be reported in Form RM of the annual return. You should consult your personal tax

advisor for additional information on the foreign asset tax.

JAPAN

1.Exchange Control Information. If you acquire Shares valued at more than ¥100,000,000 in a

single transaction, you must file a Securities Acquisition Report with the Ministry of Finance through the Bank

of Japan within 20 days of the purchase of the Shares. You should consult with your personal advisor(s)

Exhibit 10(iii)

regarding any personal legal, regulatory or foreign exchange obligations you may have in connection with your

participation in the 2011 Plan.

2.Foreign Asset/Account Reporting Information. You will be required to report details of any assets

held outside Japan as of December 31st to the extent such assets have a total net fair market value exceeding

¥50,000,000. This report is due by March 15 each year. You should consult with your personal advisor(s)

regarding any personal foreign asset/foreign account tax obligations you may have in connection with your

participation in the 2011 Plan.

MEXICO

1.Commercial Relationship. You expressly recognize that your participation in the 2011 Plan and

the Company's grant of the PSUs does not constitute an employment relationship between you and the

Company. You have been granted the PSUs as a consequence of the commercial relationship between the

Company and the Subsidiary in Mexico that employs you, and the Company's Subsidiary in Mexico is your sole

employer. Based on the foregoing, (a) you expressly recognize the 2011 Plan and the benefits you may derive

from your participation in the 2011 Plan do not establish any rights between you and the Company's Subsidiary

in Mexico that employs you, (b) the 2011 Plan and the benefits you may derive from your participation in the

2011 Plan are not part of the employment conditions and/or benefits provided by the Company's Subsidiary in

Mexico that employs you, and (c) any modification or amendment of the 2011 Plan by the Company, or a

termination of the 2011 Plan by the Company, shall not constitute a change or impairment of the terms and

conditions of your employment with the Company's Subsidiary in Mexico that employs you.

2.Securities Law Information. You expressly recognize and acknowledge that the Company's grant

of PSUs and the underlying Shares under the 2011 Plan have not been registered with the National Register of

Securities maintained by the Mexican National Banking and Securities Commission and cannot be offered or

sold publicly in Mexico. In addition, the 2011 Plan, the Terms and Conditions and any other document relating

to the PSUs may not be publicly distributed in Mexico. These materials are addressed to you only because of

your existing relationship with the Company and these materials should not be reproduced or copied in any

form. The offer contained in these materials does not constitute a public offering of securities but rather

constitutes a private placement of securities addressed specifically to individuals who are present employees of

the Employer in Mexico made in accordance with the provisions of the Mexican Securities Market Law, and any

rights under such offering shall not be assigned or transferred.

3.Extraordinary Item of Compensation. You expressly recognize and acknowledge that your

participation in the 2011 Plan is a result of the discretionary and unilateral decision of the Company, as well as

your free and voluntary decision to participate in the 2011 Plan in accord with the terms and conditions of the

2011 Plan, the Terms and Conditions, and this Addendum. As such, you acknowledge and agree that the

Company may, in its sole discretion, amend and/or discontinue your participation in the 2011 Plan at any time

and without any liability. The value of the PSUs is an extraordinary item of compensation outside the scope of

your employment contract, if any. The PSUs are not part of your regular or expected compensation for purposes

of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards,

pension or retirement benefits, or any similar payments, which are the exclusive obligations of the Company's

Subsidiary in Mexico that employs you.

BY SIGNING BELOW, YOU ACKNOWLEDGE, UNDERSTAND AND AGREE TO THE PROVISIONS OF THE 2011

PLAN, THE TERMS AND CONDITIONS AND THIS ADDENDUM.

PLEASE SIGN AND RETURN THIS ADDENDUM VIA EMAIL NO LATER THAN APRIL 30, 2026 TO

STOCKPLANADMINISTRATION@STRYKER.COM.

Employee Signature		Employee Name (Printed)
Date

Exhibit 10(iii)

NETHERLANDS

1.Waiver of Termination Rights. As a condition to the grant of the PSUs, you hereby waive any and

all rights to compensation or damages as a result of the termination of your employment with the Company and

your Employer for any reason whatsoever, insofar as those rights result or may result from (a) the loss or

diminution in value of such rights or entitlements under the 2011 Plan, or (b) you ceasing to have rights under

or ceasing to be entitled to any awards under the 2011 Plan as a result of such termination.

2.Tax Deferral Upon Retirement. Unless you otherwise elect by contacting Stryker no later than

APRIL 30, 2026, you hereby agree that upon Retirement eligibility, the PSUs shall not become taxable until the

date of settlement when Shares are actually delivered or otherwise made available.

NEW ZEALAND

1.WARNING. You are being offered PSUs to be settled in the form of shares of Stryker Corporation

common stock. If the Company runs into financial difficulties and is wound up, you may lose some or all your

investment. New Zealand law normally requires people who offer financial products to give information to

investors before they invest. This requires those offering financial products to have disclosed information that is

important for investors to make an informed decision. The usual rules do not apply to this offer because it is an

offer made under the Employee Share Scheme exemption. As a result, you may not be given all the information

usually required.  You will also have fewer other legal protections for this investment. You should ask questions,

read all documents carefully, and seek independent financial advice before accepting the offer. The Company's

Shares are currently traded on the New York Stock Exchange under the ticker symbol "SYK" and Shares

acquired under the 2011 Plan may be sold through this exchange. You may end up selling the Shares at a price

that is lower than the value of the Shares when you acquired them. The price will depend on the demand for the

Company's Shares. The Company's most recent annual report (which includes the Company's financial statements)

is available at [https://investors.stryker.com/financial-information/sec-filings/default.aspx]. You are entitled to

receive a copy of this report, free of charge, upon written request to the Company at

STOCKPLANADMINISTRATION@STRYKER.COM.

POLAND

1.Exchange Control Information. If you maintain bank or brokerage accounts holding cash and

foreign securities (including Shares) outside of Poland, you will be required to report information to the

National Bank of Poland on transactions and balances in such accounts if the value of such cash and securities

exceeds PLN 7 million. If required, such reports must be filed on special forms available on the website of the

National Bank of Poland. Further, any transfer of funds in excess of a certain threshold (generally, EUR 15,000)

into or out of Poland must be effected through a bank account in Poland. Finally, you are required to store all

documents connected with any foreign exchange transactions that you engage in for a period of five years, as

measured from the end of the year in which such transaction occurred. You should consult with your personal

advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may have in connection

with your participation in the 2011 Plan.

PORTUGAL

No country specific provisions.

PUERTO RICO

No country specific provisions.

ROMANIA

1.Exchange Control Information. You are not required to seek special authorization from the

National Bank of Romania in order to open or maintain a foreign bank account. However, if you remit foreign

currency into Romania (e.g., proceeds from the sale of Shares), you may be required to provide the Romanian

bank through which the foreign currency is transferred with appropriate documentation. You should consult

with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may

have in connection with your participation in the 2011 Plan.

Exhibit 10(iii)

RUSSIA

1.IMPORTANT EMPLOYEE NOTIFICATION. You may be required to repatriate certain cash amounts

received with respect to the PSUs to Russia as soon as you intend to use those cash amounts for any purpose,

including reinvestment. If the repatriation requirement applies, such funds must initially be credited to you

through a foreign currency account at an authorized bank in Russia. After the funds are initially received in

Russia, they may be further remitted to foreign banks in accordance with Russian exchange control laws. Under

the Directive N 5371-U of the Russian Central Bank (the "CBR"), the repatriation requirement may not apply in

certain cases with respect to cash amounts received in an account that is considered by the CBR to be a foreign

brokerage account. Statutory exceptions to the repatriation requirement also may apply. You should contact

your personal advisor to ensure compliance with the applicable exchange control requirements prior to vesting in

the PSUs and/or selling the Shares acquired pursuant to the PSUs.

2.SECURITIES LAW NOTIFICATION. The grant of PSUs and the issuance of Shares upon vesting are

not intended to be an offering of securities with the Russian Federation, and the Terms and Conditions, the

2011 Plan, this Addendum and all other materials that you receive in connection with the grant of PSUs and

your participation in the 2011 Plan (collectively, "Grant Materials") do not constitute advertising or a

solicitation within the Russian Federation. In connection with your grant of PSUs, the Company has not

submitted any registration statement, prospectus or other filing with the Russian Federal Bank or any other

governmental or regulatory body within the Russian Federation, and the Grant Materials expressly may not be

used, directly or indirectly, for the purpose of making a securities offering or public circulation of Shares within

the Russian Federation. Any Shares acquired under the 2011 Plan will be maintained on your behalf outside of

Russia. Moreover, you will not be permitted to sell or otherwise alienate any Shares directly to other Russian

legal entities or individuals.

3.EXCHANGE CONTROL NOTIFICATION. You are solely responsible for complying with applicable

Russian exchange control regulations. Since the exchange control regulations change frequently and without

notice, you should consult your legal advisor prior to the acquisition or sale of Shares under the 2011 Plan to

ensure compliance with current regulations. As noted, it is your personal responsibility to comply with Russian

exchange control laws, and neither the Company nor any Subsidiary will be liable for any fines or penalties

resulting from failure to comply with applicable laws.

4.ANTI-CORRUPTION NOTIFICATION. Anti-corruption laws prohibit certain public servants, their

spouses and their dependent children from owning any foreign source financial instruments (e.g., shares of

foreign companies such as the Company). Accordingly, you should inform the Company if you are covered by

these laws as this relates to your acquisition of Shares under the 2011 Plan.

SAUDI ARABIA

1.Securities Law Information. The Terms and Conditions and any other documents addressing the

PSUs may not be distributed in the Kingdom of Saudi Arabia except to such persons as are permitted under the

Rules on the Offer of Securities and Continuing Obligations issued by the Capital Market Authority.  The Capital

Market Authority does not make any representation as to the accuracy or completeness of this document, and

expressly disclaims any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of

this document.  You should conduct your own due diligence on the accuracy of the information relating to the

PSUs and the underlying Shares. If you do not understand the contents of this document, you should consult an

authorized financial adviser.

SINGAPORE

1.Qualifying Person Exemption. The following provision shall replace Section 24 of the Terms and

Conditions:

The grant of the PSUs under the 2011 Plan is being made pursuant to the "Qualifying Person" exemption" under

section 273(1)(f) of the Securities and Futures Act (Chapter 289, 2006 Ed.) ("SFA"). The 2011 Plan has not been

lodged or registered as a prospectus with the Monetary Authority of Singapore. You should note that, as a

result, the PSUs are subject to section 257 of the SFA and you will not be able to make (a) any subsequent sale of

the Shares in Singapore or (ii) any offer of such subsequent sale of the Shares subject to the PSUs in Singapore,

unless such sale or offer is made pursuant to the exemptions under Part XIII Division (1) Subdivision (4) (other

than section 280) of the SFA (Chapter 289, 2006 Ed.).

Exhibit 10(iii)

2.Director Reporting Notification. If you are a director, associate director or shadow director of a

Singapore company, you are subject to certain notification requirements under the Singapore Companies Act.

Among these requirements is an obligation to notify the Singapore company in writing when you receive an

interest (e.g., PSUs or Shares) in the Company or any related company. In addition, you must notify the

Singapore company when you sell Shares (including when you sell Shares acquired at vesting of the PSUs).

These notifications must be made within two business days of acquiring or disposing of any interest in the

Company or any related company. In addition, a notification must be made of your interests in the Company or

any related company within two business days of becoming a director.

3.Insider Trading Notice. You acknowledge that you should be aware of the Singapore insider-

trading rules, which may impact your ability to acquire or dispose of Shares.  Under the Singapore insider-

trading rules, you are prohibited from selling Shares when you are in possession of information concerning the

Company which is not generally available and which you know or should know will have a material effect on the

price of such Shares once such information is generally available.

SOUTH AFRICA

1.Withholding Taxes. In addition to the provisions of Section 13 of the Terms and Conditions, you

agree to notify your Employer in South Africa of the amount of any gain realized upon vesting of the PSUs. If you

fail to advise your Employer of the gain realized upon vesting of the PSUs, you may be liable for a fine. You will

be responsible for paying any difference between the actual tax liability and the amount withheld.

2.Exchange Control Obligations. You are solely responsible for complying with applicable exchange

control regulations and rulings (the "Exchange Control Regulations") in South Africa. As the Exchange Control

Regulations change frequently and without notice, you should consult your legal advisor prior to the acquisition

or sale of Shares under the 2011 Plan to ensure compliance with current Exchange Control Regulations. Neither

the Company nor any of its Subsidiaries will be liable for any fines or penalties resulting from your failure to

comply with applicable laws. You should consult with your personal advisor(s) regarding any personal legal,

regulatory or foreign exchange obligations you may have in connection with your participation in the 2011 Plan.

3.Securities Law Information and Deemed Acceptance of PSUs. Neither the PSUs nor the underlying

Shares shall be publicly offered or listed on any stock exchange in South Africa. The offer is intended to be

private pursuant to Section 96 of the Companies Act and is not subject to the supervision of any South African

governmental authority. pursuant to Section 96 of the Companies Act, the PSU offer must be finalized on or

before the 60th day following the grant date. If you do not want to accept the PSUs, you are required to decline

the PSUs no later than the 60th day following the grant date. If you do not reject the PSUs on or before the 60th

day following the grant date, you will be deemed to accept the PSUs.

SOUTH KOREA

1.Exchange Control Information. Korean residents who sell Shares acquired under the 2011 Plan

and/or receive cash dividends on the Shares may have to file a report with a Korean foreign exchange bank,

provided the proceeds are in excess of USD5,000 (per transaction) and deposited into a non-Korean bank

account. A report may not be required if proceeds are deposited into a non-Korean brokerage account. It is your

responsibility to ensure compliance with any applicable exchange control reporting obligations.  You should

consult with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations

you may have in connection with your participation in the 2011 Plan.

2.Foreign Asset/Account Reporting Information. Korean residents must declare all foreign financial

accounts (e.g., non-Korean bank accounts, brokerage accounts) to the Korean tax authority and file a report with

respect to such accounts in June of the following year if the monthly balance of such accounts exceeds KRW 500

million (or an equivalent amount in foreign currency) on any month-end date during a calendar year. You

should consult with your personal advisor(s) regarding any personal foreign asset/foreign account tax

obligations you may have in connection with your participation in the 2011 Plan.

SPAIN

1.Acknowledgement of Discretionary Nature of the 2011 Plan; No Vested Rights. In accepting the

PSUs, you acknowledge that you consent to participation in the 2011 Plan and have received a copy of the 2011

Plan. You understand that the Company has unilaterally, gratuitously and in its sole discretion granted PSUs

under the 2011 Plan to individuals who may be employees of the Company or its Subsidiaries throughout the

Exhibit 10(iii)

world. The decision is a limited decision that is entered into upon the express assumption and condition that

any grant will not economically or otherwise bind the Company or any of its Subsidiaries on an ongoing basis.

Consequently, you understand that the PSUs are granted on the assumption and condition that the PSUs and the

Shares acquired upon vesting of the PSUs shall not become a part of any employment contract (either with the

Company or any of its Subsidiaries) and shall not be considered a mandatory benefit, salary for any purposes

(including severance compensation) or any other right whatsoever. In addition, you understand that this grant

would not be made to you but for the assumptions and conditions referenced above. Thus, you acknowledge

and freely accept that should any or all of the assumptions be mistaken or should any of the conditions not be

met for any reason, the PSUs shall be null and void.  You understand and agree that, as a condition of the grant

of the PSUs, any unvested PSUs as of the date you cease active employment will be forfeited without entitlement

to the underlying Shares or to any amount of indemnification in the event of the termination of employment by

reason of, but not limited to, (i) material modification of the terms of employment under Article 41 of the

Workers' Statute or (ii) relocation under Article 40 of the Workers' Statute. You acknowledge that you have

read and specifically accept the conditions referred to in the Terms and Conditions regarding the impact of a

termination of employment on your PSUs.

2.Exchange Control Information. If you hold 10% or more of the Share capital of the Company or

such other amount that would entitle you to join the Company's board of directors, the acquisition, ownership

and disposition of such Shares must be declared for statistical purposes to the Spanish Dirección General de

Comercio e Inversiones (the Bureau for Commerce and Investments), which is a department of the Ministry of

Economy and Competitiveness. The declaration (via Form 6) must be made in January for Shares acquired or

disposed of during the prior calendar year and/or for Shares owned as of December 31 of the prior calendar

year; provided, if the value of the Shares acquired or sold exceeds €1,502,530, the declaration must be filed

within one month of the acquisition or disposition of the Shares, as applicable. You should consult with your

personal advisor(s) regarding any personal legal, regulatory or foreign exchange obligations you may have in

connection with your participation in the 2011 Plan.

3.Foreign Asset/Account Reporting Information. To the extent you hold rights or assets (e.g., cash

or the Shares held in a bank or brokerage account) outside of Spain with a value in excess of €50,000 per type of

right or asset as of December 31 each year (or at any time during the year in which you sell or dispose of such

right or asset), you are required to report information on such rights and assets on your tax return for such

year. After such rights or assets are initially reported, the reporting obligation will only apply for subsequent

years if the value of any previously-reported rights or assets increases by more than €20,000 per type of right

or asset as of each subsequent December 31, or if you sell Shares or cancel bank accounts that were previously

reported. Failure to comply with this reporting requirement may result in penalties to the Spanish residents. In

addition, you may be required to electronically declare to the Bank of Spain any foreign accounts (including

brokerage accounts held abroad), any foreign instruments (including Shares acquired under the 2011 Plan), and

any transactions with non-Spanish residents (including any payments of Shares made pursuant to the 2011

Plan), depending on the balances in such accounts together with the value of such instruments as of December

31 of the relevant year, or the volume of transactions with non-Spanish residents during the relevant year. You

should consult with your personal advisor(s) regarding any personal foreign asset/foreign account tax

obligations you may have in connection with your participation in the 2011 Plan.

BY SIGNING BELOW, YOU ACKNOWLEDGE, UNDERSTAND AND AGREE TO THE PROVISIONS OF THE 2011

PLAN, THE TERMS AND CONDITIONS AND THIS ADDENDUM.

PLEASE SIGN AND RETURN THIS ADDENDUM VIA EMAIL NO LATER THAN APRIL 30, 2026 TO

STOCKPLANADMINISTRATION@STRYKER.COM.

Employee Signature		Employee Name (Printed)
Date

Exhibit 10(iii)

SWITZERLAND

1.Securities Law Information. Neither this document nor any other materials relating to the PSUs

(a) constitutes a prospectus according to articles 35 et seq. of the Swiss Federal Act on Financial Services

("FinSA") (b) may be publicly distributed or otherwise made publicly available in Switzerland to any person

other than an employee of the Company or (c) has been or will be filed with, approved or supervised by any

Swiss reviewing body according to article 51 FinSA or any Swiss regulatory authority, including the Swiss

Financial Market Supervisory Authority ("FINMA").

TAIWAN

1.Securities Law Notice. The offer of participation in the 2011 Plan is available only for employees

of the Company and its Subsidiaries. The offer of participation in the 2011 Plan is not a public offer of securities

by a Taiwanese company.

2.Exchange Control Information. You may acquire and remit foreign currency (including proceeds

from the sale of Shares acquired under the 2011 Plan) into Taiwan up to USD10,000,000 per year without

justification. If the transaction amount is TWD$500,000 or more in a single transaction, you must submit a

Foreign Exchange Transaction Form and also provide supporting documentation to the satisfaction of the

remitting bank. You should consult with your personal advisor(s) regarding any personal legal, regulatory or

foreign exchange obligations you may have in connection with your participation in the 2011 Plan.

THAILAND

1.Exchange Control Information. If you receive proceeds from the sale of Shares or cash dividends

in relation to the Shares in excess of USD1,000,000 in a single transaction, you must immediately repatriate the

funds to Thailand (or utilize such funds offshore for permissible purposes) and convert the funds to Thai Baht

within 360 days of repatriation or deposit the funds in an authorized foreign exchange account in Thailand. You

are also required to provide details of the transaction (i.e., identification information and purpose of the

transaction) to the receiving bank. If you do not repatriate such funds and utilizes them offshore for permissible

purposes (i.e., purposes not listed in the negative list prescribed by the Bank of Thailand), you must obtain a

waiver of the repatriation requirement from a commercial bank in Thailand by submitting an application and

supporting documents evidencing that such funds will be utilized offshore for permissible purposes. You should

consult with your personal advisor(s) regarding any personal legal, regulatory or foreign exchange

obligations you may have in connection with your participation in the 2011 Plan.

TÜRKIYE

1.Securities Law Information. Under Turkish law, you are not permitted to sell any Shares acquired

under the 2011 Plan within Turkey. The Shares are currently traded on the New York Stock Exchange, which is

located outside of Turkey, under the ticker symbol "SYK" and the Shares may be sold through this exchange.

2.Financial Intermediary Obligation. You acknowledge that any activity related to investments in

foreign securities (e.g., the sale of Shares) should be conducted through a bank or financial intermediary

institution licensed by the Turkey Capital Markets Board and should be reported to the Turkish Capital Markets

Board. You solely are responsible for complying with this requirement and should consult with a personal legal

advisor for further information regarding any obligations in this respect.

UNITED ARAB EMIRATES

1.Securities Law Information. The offer of the PSUs is available only for select Employees of the

Company and its Subsidiaries and is in the nature of providing incentives in the United Arab Emirates. The 2011

Plan and the Terms and Conditions are intended for distribution only to such individuals and must not be

delivered to, or relied on by any other person.

Prospective purchasers of securities should conduct their own due diligence.

The Emirates Securities and Commodities Authority has no responsibility for reviewing or verifying any

documents in connection with this statement, including the 2011 Plan and the Terms and Conditions, or any

other incidental communication materials distributed in connection with the PSUs. Further, neither the

Ministry of Economy nor the Dubai Department of Economic Development has approved this statement nor

Exhibit 10(iii)

taken steps to verify the information set out in it, and has no responsibility for it. Residents of the United Arab

Emirates who have any questions regarding the contents of the 2011 Plan and the Terms and Conditions should

obtain independent advice.

UNITED KINGDOM

1.Income Tax and Social Insurance Contribution Withholding. The following 

provision shall supplement Section 13 of the Terms and Conditions:

Without limitation to Section 13 of the Terms and Conditions, you agree that you are liable for all Tax-

Related Items and hereby covenant to pay all such Tax-Related Items, as and when requested by the Company,

your Employer or by HM Revenue and Customs ("HMRC") (or any other tax authority or any other relevant

authority). You also agree to indemnify and keep indemnified the Company and your Employer against any Tax-

Related Items that they are required to pay or withhold or have paid or will pay to HMRC on your behalf (or

any other tax authority or any other relevant authority).

2.Exclusion of Claim. You acknowledge and agree that you will have no entitlement to

compensation or damages in consequence of the termination of your employment with the Company and your

Employer for any reason whatsoever and whether or not in breach of contract, insofar as any purported claim

to such entitlement arises or may arise from your ceasing to have rights under or to be entitled to vest in the

PSUs as a result of such termination of employment (whether the termination is in breach of contract or

otherwise), or from the loss or diminution in value of the PSUs. Upon the grant of the PSUs, you shall be deemed

irrevocably to have waived any such entitlement.

****************************

Exhibit 10(iii)

EXHIBIT A

STRYKER CORPORATION

2011 LONG-TERM INCENTIVE PLAN, AS AMENDED AND RESTATED

EMPLOYER INFORMATION STATEMENT – DENMARK

PERFORMANCE STOCK UNIT GRANT

Pursuant to section 3(1) of the Danish Act on the Use of Rights to Purchase or Subscribe for Shares etc. in

Employment Relationships (the "Stock Option Act"), Stryker Corporation (the “Company”) is providing

you with the following information regarding the Company’s performance stock unit ("PSU") grant in a

separate written statement. This statement contains only the information mentioned in the Stock Option

Act; the other terms and conditions of your PSU grant are described in detail in the Stryker Corporation

2011 Long-Term Incentive Plan, as Amended and Restated  (the "2011 Plan"), the Terms and Conditions

Related to Performance Stock Units Granted Pursuant to the 2011 Long-Term Incentive Plan (the “PSU

Agreement”) and the CEO Award Letter for the PSU grant, all of which have been provided to you.

IMPORTANT NOTE: The Stock Option Act only applies to PSUs granted under the 2011 Plan to employees

of the Company and its Subsidiaries, and does not apply to individuals, including managers, who are not

regarded as "employees" as defined under the Stock Option Act. If you are not an employee of the

Company or one of its Subsidiaries within the meaning of the Stock Option Act, this Employer

Information Statement shall not apply to you, you may not rely upon any of the information contained

herein and the provisions described herein shall be void and ineffective.

1.Date of Grant

The Grant Date of the PSU is the date that the Compensation and Human Capital Committee of the

Board of Directors (the “Committee”) approved a grant for you and determined it would be

effective.

2.Terms and Conditions of the Grant

The grant of PSU is made at the sole discretion of the Committee.  In its assessment, the

Committee has considered a number of factors in granting the PSUs to you, including (but not

limited to) the Company’s latest annual results, your personal performance and your value for the

future growth, development and operation of the Company.  Notwithstanding your personal

performance and the development of the Company, the Company may decide, in its sole

discretion, not to grant an PSU to you in the future.  Under the terms of the Plan and the

Agreement, you have no entitlement or claim to receive future PSU grants.

3.Vesting Dates and Exercise Period

Your PSU shall vest over a period of time (“vesting period”), provided you remain employed by or

in the service of the Company or a Subsidiary and any performance or other vesting conditions set

forth in the Plan and the Agreements are satisfied, unless the PSU are vested or terminated earlier

for the reasons set forth in the Plan and the Agreements and subject to Section 5 of this statement.

4.Exercise Price

For PSUs, you pay no monetary consideration to receive the PSU nor do you pay any price to

receive the shares of the Company’s common stock issued upon vesting.

Exhibit 10(iii)

5.Your Rights upon Termination

The treatment of your PSU awards upon termination of your employment will be determined in

accordance with the following unless the terms contained in the Agreement and in the 2011 Plan

are more favorable to you. 

Your PSU will survive and will not be forfeited if your employment is terminated by your

employer for any reason other than your breach of contract (as determined under Danish law) or

summary dismissal. This means that you may be entitled to continue to vest in the award as if you

were still an employee in accordance with your Agreement and the 2011 Plan. Also, you may be

entitled to receive an additional PSU grant, proportionate to the length of your employment in the

accounting year in which your employment is terminated, to which you would have been entitled

according to agreement or custom had you still been employed at the end of the accounting year.

This provision will not apply if the termination is due to your breach of your employment contract

or in case of your justified summary dismissal, in which case the PSU will lapse to the extent the

PSU has not vested on the effective date of termination of your employment. Such lapse will take

place automatically without notice on the effective date of termination of your employment.

If you terminate your employment due to your employer's material breach (as determined under

Danish law), or if your employment terminates because you reach the age of retirement for

employees of your employer or because you are entitled to receive old-age pension from the

Danish state or your employer, the PSU award shall continue on unchanged terms as if you had

still been employed. Also, you may be entitled to receive an additional PSU grant, proportionate to

the length of your employment in the accounting year in which your employment is terminated, to

which you would have been entitled according to agreement or custom had you still been

employed at the end of the accounting year or at the date of grant.

If you terminate your employment for other reasons,  your PSU award will be forfeited as per the

effective date of termination of your employment unless otherwise set out in the terms of the

Agreement. In addition, you will be ineligible to receive any additional PSU grants after your

resignation.

6.Financial Aspects of Participating in the 2011 Plan

The PSU grant has no immediate financial consequences for you. The value of the PSU award will

not be taken into account when calculating holiday allowances, pension contributions or other

statutory consideration calculated on the basis of salary. The tax treatment of the PSU award

depends on a number of aspects and thus, you are encouraged to seek particular advice regarding

your tax position.

Shares of stock are financial instruments and investing in stock will always have financial risk.

The possibility of profit at the time of vesting will not only be dependent on the Company’s

financial development, but inter alia also on the general development of the stock market. In

addition, before or after you vest in your PSU award, the shares of Company stock could decrease

in value even below the price of such stock on the Date of Grant.

7.Other Issues

Apart from Clause 5 in this Statement (regarding your rights upon termination of employment),

this Statement does not intend to alter any provisions of the 2011 Plan or the Agreement (or any

related document), and the 2011 Plan and the Agreement (and any related document) shall

prevail in case of any ambiguities. However, your mandatory rights under the Stock Option Act

shall prevail in case of any ambiguities. 

****

Exhibit 10(iii)

Plan Administrator

Stryker Corporation

Portage, Michigan USA

Exhibit 10(iii)

STRYKER CORPORATION

2011 LONG-TERM INCENTIVE PLAN, SOM REVIDERET OG GENFREMSAT

ARBEJDSGIVERERKLÆRING – DANMARK

TILDELING AF PRÆSTATIONSBEGRÆNSEDE AKTIEENHEDER

I henhold til § 3, stk. 1, i lov om brug af køberet eller tegningsret til aktier m.v. i ansættelsesforhold

("Aktieoptionsloven") giver Stryker Corporation ("Selskabet") dig hermed i en særskilt skriftlig

erklæring følgende oplysninger om Selskabets tildeling af PSU'er (Performance Stock Units) . Denne

erklæring indeholder kun de oplysninger, der er nævnt i Aktieoptionsloven. De øvrige vilkår og

betingelser for din PSU-tildeling er nærmere beskrevet i Selskabets 2011 Long-Term Incentive Plan, som

revideret og genfremsat  ("2011-Planen"), Terms and Conditions Related to Performance Stock Units

Granted Pursuant to the 2011 Long-Term Incentive Plan ("PSU-Aftalen) og CEO-tildelingsbrevene

vedrørende henholdsvis PSU-tildelingen, hvilke dokumenter alle er blevet udleveret til dig.

VIGTIGT: Aktieoptionsloven gælder kun for PSU'er, der i henhold til 2011-Planen er tildelt til

lønmodtagere i Selskabet og dets Datterselskaber, og gælder ikke for personer, herunder ledere, der ikke

anses for at være "lønmodtagere" som defineret i Aktieoptionsloven. Hvis du ikke er lønmodtager i

Selskabet eller i et af dets Datterselskaber i Aktieoptionslovens forstand, gælder denne

Arbejdsgivererklæring ikke for dig, hvorfor du ikke vil kunne henholde dig til nogen af oplysningerne

heri, og de heri anførte bestemmelser vil ikke have virkning.

1.Tidspunkt for tildeling

Tidspunktet for PSU-tildelingen er den dato, hvor det af Bestyrelsen nedsatte Udvalg for Vederlag

og Menneskelig Kapital ("Udvalget") godkendte tildelingen til dig og besluttede, at den skulle

træde i kraft.

2.Kriterier og betingelser for tildeling

PSU-tildelingen sker alene efter Udvalgets eget skøn.  Udvalget har i sin vurdering inddraget en

række faktorer i forbindelse med PSU-tildelingen til dig, herunder (men ikke begrænset til)

Selskabets seneste årsresultat, din personlige performance og din betydning for Selskabets

fremtidige vækst, udvikling og drift.  Uanset din personlige performance og Selskabets udvikling

kan Selskabet frit vælge ikke at tildele dig PSU'er fremover.  I henhold til bestemmelserne i Planen

og Aftalen har du ikke nogen ret til eller noget krav på fremover at modtage PSU-tildelinger.

3.Modningstidspunkter og udnyttelsesperiode

Din PSU modnes over en periode ("modningsperioden"), forudsat at du fortsat er ansat i eller

arbejder for Selskabet eller et Datterselskab, og forudsat at alle de i Planen og Aftalerne beskrevne

performance- og modningsbetingelser er opfyldt, medmindre PSU'en modnes eller bortfalder på

et tidligere tidspunkt som følge af de i Planen og Aftalerne anførte årsager og med forbehold for

pkt. 5 i denne erklæring.

4.Udnyttelseskurs

Hvad angår PSU'er, skal du ikke betale noget vederlag for at modtage PSU'en, ligesom du ikke skal

betale noget for at modtage de ordinære aktier i Selskabet, der udstedes ved modning.

5.Din retsstilling i forbindelse med fratræden

I forbindelse med din fratræden vil dine PSU-tildelinger blive behandlet som følger, medmindre

vilkårene i Aftalen og i 2011-Planen er mere fordelagtige for dig. 

Exhibit 10(iii)

Din PSU bortfalder ikke, hvis din fratræden skyldes opsigelse fra din arbejdsgivers side,

medmindre der er tale om misligholdelse fra din side (som defineret i dansk ret) eller bortvisning.

Dette betyder, at du måske vil være berettiget til, at din PSU fortsat modnes i overensstemmelse

med din Aftale og 2011-Planen, som om du stadig var ansat. Endvidere vil du måske være

berettiget til at modtage en yderligere PSU-tildeling, som beregnes forholdsmæssigt i forhold til,

hvor længe du er ansat i det regnskabsår, hvori du fratræder, og som du ville have været

berettiget til i henhold til aftale eller sædvane, såfremt du stadig havde været ansat ved udgangen

af regnskabsåret. Denne bestemmelse gælder ikke, såfremt din fratræden skyldes opsigelse på

grund af din misligholdelse af ansættelseskontrakten eller berettiget bortvisning, i hvilket tilfælde

PSU'en bortfalder, i det omfang de ikke er modnet ved ansættelsesforholdets ophør. Bortfaldet

sker automatisk uden varsel ved ansættelsesforholdets ophør.

Hvis du fratræder din stilling som følge af væsentlig misligholdelse fra din arbejdsgivers side (som

defineret i dansk ret), eller hvis du fratræder, fordi du når pensionsalderen for lønmodtagere hos

din arbejdsgiver, eller fordi du har ret til at modtage alderspension fra den danske stat eller din

arbejdsgiver, vil din PSU-tildeling fortsætte på uændrede vilkår, som om du stadig var ansat. 

Endvidere vil du måske være berettiget til at modtage en yderligere PSU-tildeling, som beregnes

forholdsmæssigt i forhold til, hvor længe du er ansat i det regnskabsår, hvori du fratræder, og som

du ville have været berettiget til i henhold til aftale eller sædvane, såfremt du stadig havde været

ansat ved udgangen af regnskabsåret eller på tildelingstidspunktet.

Hvis du fratræder din stilling af andre årsager, vil din PSU-tildeling bortfalde ved

ansættelsesforholdets ophør, medmindre andet fremgår af Aftalen. Endvidere vil du ikke være

berettiget til at få tildelt yderligere PSU'er efter din fratræden.

6.Økonomiske aspekter ved at deltage i 2011-Planen

PSU-tildelingen har ingen umiddelbare økonomiske konsekvenser for dig. Værdien af PSU-

tildelingen indgår ikke i beregningen af feriepenge, pensionsbidrag eller andre lovpligtige,

vederlagsafhængige ydelser. Den skattemæssige behandling af PSU-tildelingen afhænger af flere

forhold, og du opfordres derfor til at søge særskilt rådgivning vedrørende din skattemæssige

situation.

Aktier er finansielle instrumenter, og investering i aktier vil altid være forbundet med en

økonomisk risiko. Muligheden for en gevinst på modningstidspunktet afhænger ikke alene af

Selskabets økonomiske udvikling, men også af bl.a. den generelle udvikling på aktiemarkedet.

Derudover kan værdien af Selskabets aktier både før og efter modningen af din PSU-tildeling falde

til en værdi, der måske endda ligger under kursen på tildelingstidspunktet.

7.Øvrige oplysninger

Med undtagelse af pkt. 5 i denne erklæring (vedrørende din retsstilling i forbindelse med

fratræden) har denne erklæring ikke til formål at ændre nogen af bestemmelserne i 2011-Planen

eller Aftalen (eller i tilhørende dokumenter), og 2011-Planen og Aftalen (og eventuelle tilhørende

dokumenter) har forrang i tilfælde af uoverensstemmelser. Dine ufravigelige rettigheder i

henhold til Aktieoptionsloven har dog forrang i tilfælde af uklarhed. 

****

Planadministrator

Stryker Corporation

Portage, Michigan USA