Early Retirement

Example Definitions of "Early Retirement"
Early Retirement. That the Grantee's employment terminates in any of the following circumstances, and other than a termination of employment that constitutes a Normal Retirement or occurs in connection with a termination by the Company or a subsidiary for cause: (i) a termination of employment after the Grantee has attained age 55 with at least 10 years of service. (ii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the Grantee has... attained age 53 with at least 10 years of service. (iii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the sum of the Grantee's age and years of service is at least 75. In the case of a Grantee who is an officer of the Company subject to the Company's mandatory retirement at age 65 policy and who, at the applicable time, is not otherwise eligible for Early Retirement as defined in the preceding sentence or for Normal Retirement, "Early Retirement" as to that Grantee means that the Grantee's employment is terminated pursuant to such mandatory retirement policy (regardless of the Grantee's years of service and other than in connection with a termination by the Company or a subsidiary for cause) View More Arrow
Found in Northrop Grumman contract
Early Retirement. That the Grantee's employment terminates in any of the following circumstances, and other than a termination of employment that constitutes a Normal Retirement or occurs in connection with a termination by the Company or a subsidiary for cause: (i) a termination of employment after the Grantee has attained age 55 with at least 10 years of service. (ii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the Grantee has... attained age 53 with at least 10 years of service. (iii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the sum of the Grantee's age and years of service is at least 75 In the case of a Grantee who is an officer of the Company subject to the Company's mandatory retirement at age 65 policy and who, at the applicable time, is not otherwise eligible for Early Retirement as defined in the preceding sentence or for Normal Retirement, "Early Retirement" as to that Grantee means that the Grantee's employment is terminated pursuant to such mandatory retirement policy (regardless of the Grantee's years of service and other than in connection with a termination by the Company or a subsidiary for cause) View More Arrow
Found in Northrop Grumman contract
Early Retirement. That the Grantee's employment terminates in any of the following circumstances, and other than a termination of employment that constitutes a Normal Retirement or occurs in connection with a termination by the Company or a subsidiary for cause: (i) a termination of employment after the Grantee has attained age 55 with at least 10 years of service. (ii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the Grantee has... attained age 53 with at least 10 years of service. (iii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the sum of the Grantee's age and years of service is at least 75 In the case of a Grantee who is an officer of the Company subject to the Company's mandatory retirement at age 65 policy and who, at the applicable time, is not otherwise eligible for Early Retirement as defined in the preceding sentence or for Normal Retirement, "Early Retirement" as to that Grantee means that the Grantee's employment is terminated pursuant to such mandatory retirement policy (regardless of the Grantee's years of service and other than in connection with a termination by the Company or a subsidiary for cause) View More Arrow
Found in Northrop Grumman contract
Early Retirement. That the Grantee's Grantee terminates employment terminates in any after attaining age 55 with at least 10 years of the following circumstances, and other service (other than a termination of employment that constitutes a Normal Retirement or occurs in connection with a termination by the Company or a subsidiary for cause: (i) cause) and other than a termination of employment after the Grantee has attained age 55 with at least 10 years of service. (ii) a termination of employment by the Company... or a subsidiary as part of a reduction Normal Retirement. However, in force and, at the time of such termination, the Grantee has attained age 53 with at least 10 years of service. (iii) a termination of employment by the Company or a subsidiary as part of a reduction in force and, at the time of such termination, the sum of the Grantee's age and years of service is at least 75. In the case of a Grantee who is an officer of the Company subject to the Company's mandatory retirement at age 65 policy and who, at the applicable time, is not otherwise eligible for Early Retirement as defined in the preceding sentence or for Normal Retirement, "Early Retirement" as to that Grantee means that the Grantee's employment is terminated pursuant to such mandatory retirement policy (regardless of the Grantee's years of service and other than in connection with a termination by the Company or a subsidiary for cause) View More Arrow
Found in Northrop Grumman contract
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Early Retirement. Means retirement prior to the Normal Retirement Date.
Found in CONSTELLATION ENERGY GROUP INC contract
Early Retirement. Means retirement Retirement prior to the Normal Retirement Date. Date
Found in PEPCO HOLDINGS LLC contract
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Early Retirement. Shall mean retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.
Found in ARCTIC CAT INC contract
Early Retirement. Shall mean retirement, Retirement, with consent of the Committee Board at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company. Corporation.
Found in Firepond, Inc. contract
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Early Retirement. An employee voluntarily ceases to be an Employee and the Administrator determines (either initially or subsequent to the grant of the relevant Award) that the cessation constitutes Retirement for purposes of this Plan. In deciding whether a termination of employment is an Early Retirement, the Administrator need not consider the definition under any other Company benefit plan
Found in Vontier Corp contract
Early Retirement. An employee voluntarily ceases to be an Employee and both (i) the employment termination occurs before the Employee reaches age sixty-five (65) and (ii) the Administrator determines (either initially or subsequent to the grant of the relevant Award) that the cessation constitutes Retirement for purposes of this Plan. In deciding whether a termination of employment is an Early Retirement, the Administrator need not consider the definition under any other Company benefit plan
Found in Danaher Corp. contract
Early Retirement. An employee voluntarily ceases to be an Employee and both (i) the employment termination occurs before the Employee reaches age sixty-five (65) and (ii) the Administrator determines (either initially or subsequent to the grant of the relevant Award) that the cessation constitutes Retirement for purposes of this Plan. In deciding whether a termination of employment is an Early Retirement, the Administrator need not consider the definition under any other Company benefit plan
Found in Danaher Corp. contract
Early Retirement. An employee voluntarily ceases to be an Employee and both (i) the employment termination occurs before the Employee reaches age sixty-five (65) and (ii) the Administrator determines (either initially or subsequent to the grant of the relevant Award) that the cessation constitutes Retirement for purposes of this Plan. In deciding whether a termination of employment is an Early Retirement, the Administrator need not consider the definition under any other Company benefit plan
Found in Danaher Corp. contract
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Early Retirement. Means retirement from employment with or as a director or advisory director of the Company prior to the Participant either (i) having reached the age of 55 or (ii) having maintained Continuous Service for at least three years. 2
Found in FIRSTMERIT CORP contract
Early Retirement. Means termination of a Participant's employment upon satisfaction of the requirements for early retirement under the Company's pension plan.
Found in WACHOVIA CORP NEW contract
Early Retirement. Shall have the meaning given it in the Company's Retirement Plan for Administrative and Field Employees except that the Insured shall only have to satisfy the age requirements of such term.
Found in Snap-on contract
Early Retirement. Shall mean the Participant's retirement on a date prior to the Participant's 65th birthday. 1
Found in COMPASS BANCSHARES INC contract
Early Retirement. Means termination of employment after an employee has fulfilled all service requirements for an early pension, and before his or her Normal Retirement Date, under the terms of the First Tennessee National Corporation Pension Plan, as amended from time to time.
Found in First Horizon National Corp contract
Early Retirement. Shall mean an Employee's retirement from active employment with the Company or a Subsidiary in accordance with the early retirement provisions of a pension plan maintained by the Company or a Subsidiary, provided that, if no such plan is in existence, it shall mean the attainment of age fifty-five (55) and the completion of fifteen (15) years of service.
Found in SYBARI SOFTWARE, INC. contract
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