Approved Early Retirement

Approved Early Retirement. Shall mean, with respect to an Executive, severance from employment with the Company and all Affiliates for reasons other than death prior to Normal Retirement that the Administrative Committee or, upon and after a Change in Control Event, the Administrator has determined pursuant to this Plan is an Approved Early Retirement. If so provided in an Executive's Plan Agreement or in an employment agreement relating to his service with Company or any Affiliate, the Executive may be granted the right... to an Approved Early Retirement at or after a specified date or event, in which case the Executive shall be considered entitled to retire on an Approved Early Retirement without any approval of the Administrative Committee or Administrator and thus vested in his Retirement Benefit provided he actually severs from employment with the Company for reasons other than death prior to Normal Retirement. View More