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DVN » Topics » Termination of Employment

This excerpt taken from the DVN DEF 14A filed Apr 24, 2009.
Termination of Employment
 
The Compensation Committee will determine the treatment of a participant’s award in the event of death, disability, retirement or termination of employment for an approved reason. If a participant’s employment is terminated for any other reason, all unvested awards will terminate (unless the participant’s award agreement provides otherwise) and the Compensation Committee will provide in the award agreement the terms of exercise/payment of vested awards.
 

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