Common use of Termination/Eligibility for Retirement or Termination for Total Disability Clause in Contracts

Termination/Eligibility for Retirement or Termination for Total Disability. Restrictions on all RSUs shall immediately lapse if (A) the Participant attains at least age 60 while still employed by the Company or an Affiliate and completes 5 or more years of continuous service with the Company and any of its Affiliates, or (B) the Participant’s employment with the Company or any of its Affiliates terminates as a result of a total disability, i.e., the inability to perform any job for which the Participant is reasonably suited by means of education, training or experience.

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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