Retirement

Retirement. (i) Except as provided under (iii) below, for employees hired by the Controlled Group prior to January 1, 2004, Retirement means any of the following: · age 50 with 10 years of service; · age 65 with at least three years of service; or · age 55 with an age and service combination of 70 points, where each year of age is one point and each year of service is one point. (ii) Except as provided under (iii) below, for employees hired by the Controlled Group after December 31, 2003, Retirement means... any of the following: · age 55 with 10 years of service; or · age 65 with at least three years of service. (iii) For participants in the Abbott Laboratories Pension Plan for Former BASF and Former Solvay Employees, Retirement means any of the following: · age 55 with 10 years of service; or · age 65 with at least three years of service. (iv) For purposes of calculating service under this Section 1(j), except as otherwise provided by the Committee or its delegate, service is earned only if performed for a member of the Controlled Group while that Controlled Group member is a part of the Controlled Group. (v) If an Employee has a Termination and (A) as of the date of that Termination met the definition of Retirement, and (B) is subsequently rehired by a member of the Controlled Group, then for purposes of this Agreement that Employee will continue to be treated as meeting the definition of Retirement. View More

Retirement. Executive's retirement (not including any mandatory early retirement) in accordance with the Company's retirement policy generally applicable to its salaried employees, as in effect immediately prior to the Change in Control, or in accordance with any retirement arrangement established with respect to Executive with Executive's written consent.

Retirement. Termination of a Participant's employment with the Company and all of its Subsidiaries (A) other than for Cause or by reason of his or her death and (B) on or after the earlier to occur of (x) the first day of the calendar month in which his or her 65th birthday shall occur and (y) the date on which he shall have attained his or her 62nd birthday and completed five years of employment with the Company and/or any of its Subsidiaries

Retirement. Your termination of employment at or after you are age 55 and have provided a minimum of five years of service, provided you are not terminated for Cause (as defined in subsection 5(c) of this Agreement).

Retirement. The Recipient's leaving the employ of the Company: (i) on or after the date that Recipient satisfies one of the following combinations of age and years of service with the Company: 60 years of age and 20 years of service; 62 years of age and 15 years of service; or 65 years of age and 5 years of service; or (ii) at such earlier date as may be approved by the Committee, in its sole discretion

Retirement. Shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to the Employers' salaried employees.

Retirement. Shall mean termination of the Grantee's employment, other than by reason of death or Cause, either (A) at or after age 65 or (B) at or after age 55 after five (5) years of employment by the Company (or a Subsidiary thereof).

Retirement. Employee's retirement from employment with the Company or any of its Subsidiaries, other than discharge for Cause, on or after the date Employee attains age 60 provided Employee has ten (10) years of service as of the date Employee retires from service, or on or after Employee attains age 65

Retirement. A termination of employment by the Participant (i) following the attainment of age 55 with ten (10) or more years of service as an employee or a director with the Company or any Affiliate or (ii) pursuant to a retirement plan or early retirement program of the Company or any Affiliate.

Retirement. Means a Termination of Employment from the Company or a Subsidiary, with the consent of the Company, on or after the normal retirement age defined under any tax qualified retirement plan maintained by the Company.