Common use of Termination for by the Company for Cause Clause in Contracts

Termination for by the Company for Cause. If the Participant’s employment with the Company and its Affiliates is terminated by the Company for Cause, the Vested Portion of an Option shall terminate in full and cease to be exercisable.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (TRW Automotive Holdings Corp), Non Qualified Stock Option Agreement (TRW Automotive Holdings Corp)

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Termination for by the Company for Cause. If the Participant’s 's employment with the Company and its Affiliates is terminated by the Company for Cause, the Vested Portion of an Option shall terminate in full and cease to be exercisable.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (TRW Automotive Inc), Non Qualified Stock Option Agreement (TRW Automotive Inc)

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Termination for by the Company for Cause. If the Participant’s employment with the Company and its Affiliates is terminated by the Company for Cause, the Vested Portion of an Option shall immediately terminate in full full, be forfeited and canceled and cease to be exercisable.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (TRW Automotive Holdings Corp)

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