The law in Denmark requires that you include all components of the compensation, not just base pay. This includes bonuses, pension, and things like the value of a company-provided car or phone.
Regarding RSUs, the document I'm reading does not explicitly mention them, but it says that it includes all benefits that you are taxed on, and well, I'm certainly being taxed on my RSUs.
All that said, the clause says you only get 40% or 60% of your full compensation (depending on the duration), so it is a ~50% pay cut for other reasons. Furthermore, it reduces to 16% if you manage to find another job in the same industry, and you are required to look for such jobs.
Regarding RSUs, the document I'm reading does not explicitly mention them, but it says that it includes all benefits that you are taxed on, and well, I'm certainly being taxed on my RSUs.
All that said, the clause says you only get 40% or 60% of your full compensation (depending on the duration), so it is a ~50% pay cut for other reasons. Furthermore, it reduces to 16% if you manage to find another job in the same industry, and you are required to look for such jobs.