Common use of Stock Option Award in the Event of Involuntary Termination with Cause Clause in Contracts

Stock Option Award in the Event of Involuntary Termination with Cause. Upon Termination of Employment by WM with Cause, Employee shall forfeit all Stock Options under the Stock Option Award, whether or not exercisable, without the payment of any consideration by WM.

Appears in 9 contracts

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc)

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Stock Option Award in the Event of Involuntary Termination with Cause. Upon Termination of Employment by WM with Cause, Employee shall forfeit all Stock Options under the Stock Option Award, whether or not exercisable, without the payment of any consideration by WM.

Appears in 2 contracts

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc)

Stock Option Award in the Event of Involuntary Termination with Cause. Upon Termination of Employment by WM with Cause, Employee shall forfeit all Stock Options under the Stock Option Award, whether or not exercisable, without the payment of any consideration by WM. 5.

Appears in 1 contract

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc)

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Stock Option Award in the Event of Involuntary Termination with Cause. Upon Termination of Employment by WM with Cause, Employee shall forfeit all Stock Options under the Stock Option Award, whether or not exercisable, without the payment of any consideration by WM.. 6

Appears in 1 contract

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc)

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