Common use of Employment Termination Less Than One Year After Grant Date Clause in Contracts

Employment Termination Less Than One Year After Grant Date. If the Participant’s employment with the Company or any of its Affiliates terminates for any reason other than death or due to transfer to a successor employer before the first anniversary of the Grant Date, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

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.)

AutoNDA by SimpleDocs

Employment Termination Less Than One Year After Grant Date. If the ParticipantGrantee’s employment with the Company or any of its Affiliates affiliates terminates for any reason other than death or due to transfer to a successor employer before the first anniversary of the Grant Date, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners)

Employment Termination Less Than One Year After Grant Date. If the ParticipantGrantee’s employment service with the Company or any of its Affiliates affiliates terminates for any reason other than death or due to transfer of business to a successor employer before the first anniversary of the Grant Date, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners), Universal City Travel Partners

Employment Termination Less Than One Year After Grant Date. If the Participant’s Grantee's employment with the Company or any of its Affiliates affiliates terminates for any reason other than death or due to transfer to a successor employer before the first anniversary of the Grant Date, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (General Electric Co), General Electric Co

Employment Termination Less Than One Year After Grant Date. If the Participant’s employment your service with the Company or any of and its Affiliates terminates for any reason other than death or due to the transfer of a business operation of the Company to a successor employer before the first anniversary of the Grant Dategrant date, then all unexercised the Stock Options, whether or not vested and exercisable on as of the date of such termination, shall immediately expire upon such termination.

Appears in 2 contracts

Samples: www.sec.gov, Genworth Financial Inc

Employment Termination Less Than One Year After Grant Date. If the Participant’s employment with the Company or any of its Affiliates terminates for any reason other than death or due to transfer to a successor employer before the first anniversary of the Grant Date, then all unexercised Optionsthe Option, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 1 contract

Samples: Baker Hughes a GE Co

AutoNDA by SimpleDocs

Employment Termination Less Than One Year After Grant Date. If the Participant’s employment your service with the Company or any of and its Affiliates terminates for any reason other than death or due to the transfer of a business operation of the Company to a successor employer before the first anniversary of the Grant Dategrant date, then all unexercised the Stock Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 1 contract

Samples: Stock Option Award Agreement (Genworth Financial Inc)

Employment Termination Less Than One Year After Grant Date. If the Participant’s employment Grantee's service with the Company or any of its Affiliates affiliates terminates for any reason other than death or due to transfer of business to a successor employer before the first anniversary of the Grant Date, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 1 contract

Samples: Stock Option Grant Agreement (General Electric Co)

Employment Termination Less Than One Year After Grant Date. Except as specified in paragraph c of this Section 4, If the Participant’s employment with the Company or any of its Affiliates Subsidiaries terminates for any reason other than death death, Total Disability or due to transfer to a successor employer before the first anniversary of the Grant Date, then all unexercised Optionsthe Option, whether or not exercisable on the date of termination, shall immediately expire upon such termination.

Appears in 1 contract

Samples: Baker Hughes Co

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!