Common use of Vesting and Expiration Date Clause in Contracts

Vesting and Expiration Date. In order for all or part of the Option to become vested, the Grantee must not incur a Termination of Employment from the Grant Date through the applicable Vesting Date listed above. Upon the earlier of the Option Expiration Date and the Grantee’s Termination of Employment for any reason, the Option shall be cancelled and forfeited in full (including with respect to any vested but unexercised rights), except as specifically provided below:

Appears in 4 contracts

Samples: Option Grant Agreement (GE HealthCare Technologies Inc.), Stock Option Grant Agreement (GE HealthCare Technologies Inc.), Ge Stock Option Grant Agreement (General Electric Co)

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Vesting and Expiration Date. In order for all or part of the Option to become vested, the Grantee must not incur a Termination of Employment be continuously employed by the Company and its Affiliates from the Grant Date through the applicable Vesting Date listed above. Upon the earlier of the Option Expiration Date and the Grantee’s Termination of Employment for any reason, the The Option shall be cancelled and forfeited in full (including with respect to on the earlier of the Expiration Date and termination of employment for any vested but unexercised rights)reason, except as specifically provided below:

Appears in 3 contracts

Samples: Grant Agreement (General Electric Co), Stock Option Grant Agreement (General Electric Co), Stock Option Grant Agreement (General Electric Co)

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Vesting and Expiration Date. In order for all or part of the Option to become vested, the Grantee must not incur a Termination of Employment from the Grant Date through the applicable Vesting Date listed aboveon Appendix A or as otherwise provided in the Plan or set forth below. Upon the earlier of the Option Expiration Date and the Grantee’s Termination of Employment for any reason, the Option shall be cancelled and forfeited in full (including with respect to any vested but unexercised rights), except as specifically provided in the Plan or as set forth below:

Appears in 1 contract

Samples: Equity Grant Agreement (GE Vernova Inc.)

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