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LANDAUER, INC. PERFORMANCE BASED RESTRICTED STOCK AWARD AGREEMENT UNDER 2005 LONG-TERM INCENTIVE PLAN

Performance Unit Award Agreement

LANDAUER, INC. PERFORMANCE BASED RESTRICTED STOCK AWARD AGREEMENT UNDER 2005 LONG-TERM INCENTIVE PLAN | Document Parties: LANDAUER INC You are currently viewing:
This Performance Unit Award Agreement involves

LANDAUER INC

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Title: LANDAUER, INC. PERFORMANCE BASED RESTRICTED STOCK AWARD AGREEMENT UNDER 2005 LONG-TERM INCENTIVE PLAN
Governing Law: Delaware     Date: 12/12/2007
Industry: Waste Management Services     Sector: Services

LANDAUER, INC. PERFORMANCE BASED RESTRICTED STOCK AWARD AGREEMENT UNDER 2005 LONG-TERM INCENTIVE PLAN, Parties: landauer inc
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EXHIBIT 10(w)
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                               LANDAUER, INC.
                              PERFORMANCE BASED
                      RESTRICTED STOCK AWARD AGREEMENT
                     UNDER 2005 LONG-TERM INCENTIVE PLAN

            Landauer, Inc., a Delaware corporation (the "Company"), hereby
grants to <"Name"> (the "Holder") as of <"Grant_Date">   (the "Grant Date"),
pursuant to the provisions of the Landauer, Inc. 2005 Long-Term Incentive
Plan (the "Plan"), a restricted stock award (the "Award") of
<"No_of_Shares"> shares of the Company's Common Stock, $.10 par value
("Shares"), upon and subject to the restrictions, terms and conditions set
forth below.   Capitalized terms not defined herein shall have the meanings
specified in the Plan.

            1.     AWARD SUBJECT TO ACCEPTANCE OF AGREEMENT.   The Award
shall be null and void unless the Holder shall (a) accept this Agreement by
executing it in the space provided below and returning it to the Company
and (b) if requested by the Company, execute and return one or more
irrevocable stock powers to facilitate the transfer to the Company (or its
assignee or nominee) of the Shares subject to the Award if Shares are
forfeited pursuant to Section 4 hereof or if required under applicable laws
or regulations.   As soon as practicable after the Holder has executed this
Agreement and, if requested by the Company, such stock power or powers, and
returned the same to the Company, the Company shall cause to be issued in
the Holder's name the total number of Shares subject to the Award.

            2.     RIGHTS AS A STOCKHOLDER.   The Holder shall have the right
to vote the Shares subject to the Award unless and until such Shares are
forfeited pursuant to Section 4 hereof.   Dividends or other distributions
with respect to such Shares (including, without limitation, regular cash
dividends, a stock dividend or stock split) shall be subject to the same
restrictions as the Shares with respect to which such dividend or other
distribution was made (and if the Holder shall have received such dividend
or other distribution, the Holder shall deliver the same to the Company and
shall, if requested by the Company, execute and return one or more
irrevocable stock powers related thereto) and shall be paid (without
interest) to the Holder as soon as practicable after the vesting of the
Shares.

            3.     CUSTODY AND DELIVERY OF CERTIFICATES REPRESENTING SHARES.

The Shares subject to the Award shall be held by the Company or by a
custodian in book entry form, with restrictions on the Shares duly noted,
until such Award shall have vested pursuant to Section 4 hereof, and as
soon thereafter as practicable, the vested Shares shall be delivered to the
Holder as the Holder shall direct.   Alternatively, in the sole discretion
of the Company, the Company shall hold a certificate or certificates
representing the Shares subject to the Award until such Award shall have
vested, in whole or in part, pursuant to Section 4 hereof, and the Company
shall as soon thereafter as practicable, deliver the certificate or
certificates for the vested Shares to the Holder and destroy the stock
power or powers relating to the vested Shares delivered by the Holder
pursuant to Section 1 hereof.   If such stock power or powers also relate to
unvested Shares, the Company may require, as a condition precedent to
delivery of any certificate pursuant to this Section 3, the execution and
delivery to the Company of one or more stock powers relating to such
unvested Shares.   The Company shall pay all original issue or transfer
taxes and all fees and expenses incident to the delivery of Shares to the
Holder.








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<PAGE>


            4.     VESTING.

            (a)    The Shares subject to the Award shall vest upon the
achievement of certain performance milestones outlined on the attached
<"Schedule">.

            (b)    If the Holder ceases to be employed by the Company by
reason of Disability or by reason of the Holder's death, each Share subject
to the Award which has not previously vested shall vest in full as of the
date that the Holder ceases to be employed by the Company.

            (c)    If the Holder ceases to be employed by the Company by
reason of retirement on or after age 65 (or prior to age 65 with the
consent of the Committee), the Award shall vest with respect to the number
of Shares subject to the Award which have not previously vested multiplied
by a fraction whose numerator is the number of days between the Grant Date
and the date on which the Holder's employment terminates (including the
date of such termination) and the denominator of which is the number of
days between the Grant Date and <"Date">.

            (d)    If the Holder ceases to be employed by the Company by
reason of involuntary termination without cause, the Award shall vest with
respect to the number of Shares subject to the Award which have not
previously vested multiplied by a fraction whose numerator is the number of
days between the Grant Date and the date on which the Holder's employment
terminates (including the date of such termination) and the denominator of
which is the number of days between the Grant Date and  


 
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