Common use of Completion of Term Clause in Contracts

Completion of Term. Notwithstanding any other provision of the Agreement or these Terms and Conditions to the contrary, if you complete before the General Lapse Date the term for which you were elected to the Board (the “Term”) and as a result thereof your service on the Board terminates, all remaining Forfeiture Restrictions shall immediately lapse on the last day of the Term.

Appears in 4 contracts

Samples: Director Restricted Stock Unit Award Agreement (Baker Hughes Inc), Director Restricted Stock Unit Award Agreement (Baker Hughes Inc), Restricted Stock Unit Award Agreement (Baker Hughes Inc)

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