Termination of Employment by the Corporation for Cause or Due to Resignation. If Employment of the Optionee is terminated by the Corporation or any of its Subsidiaries for Cause or due to voluntary resignation by the Optionee, the Option shall expire upon the termination of Employment.
Appears in 13 contracts
Samples: Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp)
Termination of Employment by the Corporation for Cause or Due to Resignation. If Employment of the Optionee is terminated by the Corporation or any of its Subsidiaries Affiliates for Cause or due to voluntary resignation by the Optionee, the Option shall expire upon the termination of Employment.
Appears in 4 contracts
Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp)
Termination of Employment by the Corporation for Cause or Due to Resignation. If Employment of the Optionee Participant is terminated by the Corporation or any of its Subsidiaries for Cause or due to voluntary resignation by the OptioneeParticipant, the Option shall expire upon the termination of Employment.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp)
