Example ContractsClausesinvoluntary termination without cause and voluntary termination with good reasonIdentical
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Termination of Employment Without Cause. In the case of the Optionee’s Termination of Employment by the Company or a Subsidiary without Cause, to qualify for the treatment provided in this , the Optionee must execute and deliver # a release agreement satisfactory to the Company (which the Optionee does not revoke) and # a non-competition agreement covering a period of 18 months in a form satisfactory to the Company as permitted by applicable law (as the Committee or its delegee may require). If the Optionee executes and delivers a non-competition agreement, and then violates the provisions of that agreement (in the Committee’s discretion), all unexercised Options will immediately terminate and will not be exercisable.

MCDONALDS CORP (MCD) (CIK 0000063908)
Source:SEC EDGAR databaseDate:May 8, 2018SIC:5812CIK:5812
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