Termination Due to Other Reasons. If the Grantee’s employment with the Company and its Affiliates (as defined below) terminates for any other reason, and the Grantee and the Company have not entered into a written agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the PSUs shall be immediately cancelled.
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Samples: Stock Unit Grant Agreement (General Electric Co), General Electric Co
Termination Due to Other Reasons. If the Grantee’s employment with the Company and its Affiliates (as defined below) terminates for any other reason, and the Grantee and the Company have not entered into a written agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the PSUs for which the requirement to remain employed has not lapsed shall be immediately cancelled.
Appears in 1 contract
Samples: General Electric Co
Termination Due to Other Reasons. If the Grantee’s employment with the Company and or any of its Affiliates (as defined below) affiliates terminates for any other reason, and the Grantee and the Company have not entered into a written agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the PSUs shall be immediately cancelled.
Appears in 1 contract
