Retirement Factor

Retirement Factor. Means the sum of Executive's age and years of continuous full-time employment with the Company or any Affiliate at the time of Executive's Retirement.

Retirement Factor. Means $100,000 indexed annually by 4% beginning September 30, 1998 or such other amount and index factor specified by the Board in its sole discretion and listed on Appendix A next to the name of the Executive. In the event that no amount or index is specified on Appendix A next to the name of the Executive, the Retirement Factor shall be $100,000 indexed annually by 4% beginning September 30, 1998. 3 Notwithstanding anything herein to the contrary, an Executive's ... Retirement Factor shall cease to be subject to any indexing on and after the date that an Executive terminates his or her employment with the Company or its Affiliates. View More