Common use of Employment Termination Due to Death Clause in Contracts

Employment Termination Due to Death. If the Participant’s employment with the Company or any of its Affiliates terminates as a result of the Participant’s death, then any unexercisable Options shall become immediately exercisable, and any unexercised Options shall expire on the Expiration Date.

Appears in 5 contracts

Samples: Ge Company Stock Option Award Agreement (Baker Hughes a GE Co), Stock Option Award Agreement (Bear Newco, Inc.), Stock Option Award Agreement (Bear Newco, Inc.)

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Employment Termination Due to Death. If the Participant’s employment with the Company or any of its Affiliates Subsidiaries terminates as a result of the Participant’s death, then any unexercisable Options the Option shall become immediately exercisable, and any unexercised Options the Option shall expire on the Expiration Date.

Appears in 1 contract

Samples: Baker Hughes Co

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Employment Termination Due to Death. If the Participant’s employment with the Company or any of its Affiliates terminates as a result of the Participant’s death, then any unexercisable Options the Option shall become immediately exercisable, and any unexercised Options the Option shall expire on the Expiration Date.

Appears in 1 contract

Samples: Baker Hughes a GE Co

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