Common use of Disqualifying Termination of Employment Clause in Contracts

Disqualifying Termination of Employment. Upon a Participant’s Disqualifying Termination of Employment, any unexercised portion of the Option shall be immediately forfeited, including any portion that was then exercisable.

Appears in 8 contracts

Samples: Award Agreement (Delta Air Lines, Inc.), Award Agreement (Delta Air Lines, Inc.), Award Agreement (Delta Air Lines Inc /De/)

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Disqualifying Termination of Employment. Upon a Participant’s 's Disqualifying Termination of Employment, any unexercised portion of the Option shall be immediately forfeited, including any portion that was then exercisable.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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