Termination of Employment Following Change in Control. If Employment of the Optionee is terminated following a Change in Control and, as a result, the Optionee is eligible for severance benefits under a Change in Control Agreement, the Option shall remain exercisable throughout the Option Period.
Appears in 10 contracts
Samples: Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp)