Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then no unexercisable Options shall become exercisable and any unexercised Options which are 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.)
Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then no unexercisable Options shall become exercisable and any unexercised Options which are then the Option, whether or not exercisable on the date of termination termination, shall immediately expire.
Appears in 1 contract
Samples: Baker Hughes a GE Co
Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates Subsidiaries terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then no unexercisable Options shall become exercisable and any unexercised Options which are then the Option, whether or not exercisable on the date of termination termination, shall immediately expire.
Appears in 1 contract
Samples: Baker Hughes Co
Termination Due to Other Reasons. If the Participant’s employment with the Company or any of its Affiliates Subsidiaries terminates for any other reason, and the Participant and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then no unexercisable Options shall become exercisable and any unexercised Options which are then the Option, to the extent not then exercisable on the date of termination termination, shall immediately expire.
Appears in 1 contract
Samples: Hughes Company Stock Option Award Agreement (Baker Hughes Co)