Common use of Termination Due to Other Reasons Clause in Contracts

Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the remaining RSUs shall be immediately cancelled.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (BAKER HUGHES a GE Co LLC), Restricted Stock Unit Award Agreement (Baker Hughes a GE Co), Restricted Stock Unit Award Agreement (Baker Hughes a GE Co)

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Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the remaining RSUs PSUs shall be immediately cancelled.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Baker Hughes a GE Co), Performance Share Unit Award Agreement (Baker Hughes a GE Co)

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