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: Ge Company Stock Option Award Agreement (Baker Hughes a GE Co), Stock Option Award Agreement (Bear Newco, Inc.), Stock Option Award Agreement (Bear Newco, Inc.)

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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 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), 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), General Electric Co

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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: Baker Hughes a GE Co

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