Qualifying Retirement

Qualifying Retirement. Termination of employment by a Participant during a Performance Period (i) after attainment of age 65, or (ii) after attainment of age 60 with at least 10 years of service and after completion of at least 12 months of continuous employment during such Performance Period. For purposes of clarity, whether a Participant's termination of employment constitutes a Qualifying Retirement will be determined separately with respect to each Performance Period for which such Participant has an outstanding... Award Opportunity at the time of termination of employment View More

Qualifying Retirement. Means that the Compensation Committee of the Board of Directors of the Company ("Committee"), in its sole discretion, determines that the sole reason for the Participant's Termination of Service is a Qualifying Retirement. The following thresholds shall act as triggers for an analysis by the Committee of whether such Termination of Service is a Qualifying Retirement: (A) Termination of Service solely due to retirement following the attainment of age sixty-two (62) or permitted early retirement... as determined by the Committee; (B) Termination of Service solely due to retirement following the attainment of age fifty-five (55) and ten (10) years of employment with the Company or any Subsidiary; or (C) Termination of Service solely due to retirement following the attainment of age fifty (50) and fifteen (15) years of employment with the Company or any Subsidiary, or for other reasons as determined by the Committee. View More

Qualifying Retirement. The Termination by a Participant who has (i) attained age 65 and has completed ten or more years of service with the Company or its Subsidiaries, or (ii) had such Termination approved by the Board as a Qualifying Retirement under the Plan.

Qualifying Retirement. Means that the Employee has previously delivered written notice of Retirement to the Company and on the date of Retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten... (10) years of service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee's retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) years of service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee's retirement at age sixty (60) would constitute a Qualifying Retirement. View More

Qualifying Retirement. Means retirement by a Participant from employment or other service to the Company or any Subsidiary after such Participant reaches the age of 65.

Qualifying Retirement. Means that the Committee, in its sole discretion, determines that the sole reason for the Participant's Termination of Service is retirement. The following thresholds shall act as triggers for an analysis by the Committee of whether a retirement event is a Qualified Retirement: (x) a Retirement (as defined in the Plan) or (y) a qualified retirement under the terms of this Agreement, as follows: (A) Termination of Service as a result of retirement on or after attaining age sixty-two (62); (B)... Termination of Service as a result of retirement following the attainment of age fifty-five (55) and ten (10) years of employment with the Company or any Subsidiary; or (C) Termination of Service as a result of retirement following the attainment of age fifty (50) and fifteen (15) years of employment with the Company or any Subsidiary, or for other reasons as determined by the Compensation Committee. View More

Qualifying Retirement. That the Committee, in its sole discretion, determines that the sole reason for the Participant's Termination of Service is retirement.

Qualifying Retirement. Retirement of a Participant who has (i) attained the age of 60 and (ii) agreed to the terms of the covenant not to compete set forth in the Agreement

Qualifying Retirement. Means the Optionee's termination of Employment, for any reason other than a termination of employment for Cause, so long as the Optionee is (i) at or above age 65 or (b) at or above age 55 with five (5) years of service to the Company.

Qualifying Retirement. Means the Employee's voluntary termination of employment after the Employee has (i) attained (X) age 65, or (Y) age 60 with 10 Years of Service, and (ii) previously delivered a written notice of retirement to the Partnership at least one (1) year prior to the date of retirement.