Example ContractsClausesinvoluntary termination without causeVariants
Remove:

Involuntary Termination for Cause. Except as otherwise provided in the applicable award agreement, if an Optionee’s employment or provision of services terminates involuntarily for Cause, all Stock Options held by such Optionee, whether or not then vested and exercisable, shall thereupon terminate.

Involuntary Termination for Cause. Except as otherwise provided in the applicable award agreement, if an Optionee’a Participant’s employment or provision of services terminates involuntarily for Cause, all Stock OptionsAppreciation Rights held by such Optionee,Participant, whether or not then vested and exercisable, shall thereupon terminate.

Involuntary Termination forWithout Cause. Except as otherwise provided in the applicable award agreement, if an Optionee’s employment or provision of services terminates involuntarily without Cause, and for Cause, allreasons other than death, Disability or Retirement, any Stock OptionsOption held by such Optionee, whetherOptionee may thereafter be exercised, to the extent it was exercisable at the time of termination, for a period of three months from the date of such termination of employment or not then vestedprovision of services or until the expiration of the stated term of such Stock Option, whichever period is shorter, and exercisable,any Stock Option that is unvested or unexercisable at the date of termination shall thereupon terminate.

Involuntary

Termination of Employment for Cause. Except as otherwise provided in the applicable award agreement, if an Optionee’sWhere termination of employment or provision of services terminatesis involuntarily for Cause, rights under all Stock Options held by such Optionee,Options, whether or not then vested and exercisable,such Options are vested, shall thereupon terminate.terminate immediately upon such termination.

Involuntary

Termination for Cause. Except as otherwise provided inIf the applicable award agreement, if an Optionee’s employment or provisionOptionee has a Termination of services terminates involuntarilyEmployment for Cause, all Stock Options held by such Optionee, whether or not then vested and exercisable,unvested Options shall thereupon terminate.terminate immediately; provided, however, that if the Optionee has a Termination of Employment for Cause due solely to a Policy Violation (which means a termination resulting from the commission of any act or acts which violate the Standards of Business Conduct of the Company or a Subsidiary or any successor thereto (including underlying policies or policies specifically referenced therein), as the same is in effect and applicable to the Optionee at the time of the Optionee’s violation), the provisions of below shall apply.

Involuntary

Termination for Cause. Except as otherwise provided inIf the applicable award agreement, if an Optionee’s employment or provision of services terminates involuntarilyservice relationship with the Company is terminated by the Company for Cause, all Stock Options held by such Optionee, whetherthe Option (whether vested or not then vestedunvested) shall immediately terminate and exercisable, shall thereupon terminate.cease to be exercisable.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.