Common use of Voluntary Termination or Termination for Cause Clause in Contracts

Voluntary Termination or Termination for Cause. If the Participant’s employment with the Company or any of its Affiliates terminates as a result of voluntary termination or termination for Cause, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire.

Appears in 5 contracts

Samples: Stock Option Award Agreement (Baker Hughes a GE Co), Stock Option Award Agreement (Baker Hughes a GE Co), Stock Option Award Agreement (Baker Hughes a GE Co)

AutoNDA by SimpleDocs

Voluntary Termination or Termination for Cause. If the ParticipantGrantee’s employment service with the Company or any of its Affiliates affiliates terminates as a result of voluntary termination or termination for Causecause, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners)

Voluntary Termination or Termination for Cause. If the ParticipantGrantee’s employment with the Company or any of its Affiliates affiliates terminates as a result of voluntary termination or termination for Causecause, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners)

Voluntary Termination or Termination for Cause. If the Participant’s Grantee's employment with the Company or any of its Affiliates affiliates terminates as a result of voluntary termination or termination for Causecause, then all unexercised Options, whether or not exercisable on the date of termination, shall immediately expire.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Voluntary Termination or Termination for Cause. If the Participant’s employment with the Company or any of its Affiliates terminates as a result of voluntary termination or termination for Cause, then all unexercised Optionsthe Option, whether or not exercisable on the date of termination, shall immediately expire.

Appears in 1 contract

Samples: Stock Option Award Agreement (Baker Hughes a GE Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!