Example ContractsClausestermination by the company for causeIdentical
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Termination for Cause. If the Optionee has a Termination of Employment for Cause, all vested and unvested Options shall 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.

MCDONALDS CORP (MCD) (CIK 0000063908)
Source: SEC EDGAR database • Date: May 4, 2023 • SIC: 5812 • CIK: 5812
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