Retirement

Retirement. In the case of Executive, a Termination of Employment by reason of the Executive's retirement at or after age 62

Retirement. With respect to an employee of the Company, "retirement" as defined under any Company pension plan or qualified retirement program, and with respect to a Non-Employee Director of the Company, termination of such individual's service on the Board with the approval of the Board.

Retirement. Means, unless otherwise defined in the applicable Option Agreement, the Termination of a Grantee, other than by reason of Disability or death or by the Corporation for Cause, at or after his attainment of an age to be specified by the Board of Directors; provided that if, as of the date of determination, the Grantee is a party to an effective employment agreement with a different definition of "Retirement", the definition of "Retirement" contained in such employment agreement shall be... substituted for the definition set forth above for all purposes hereunder. View More

Retirement. Termination of Optionee's service on the Board with the approval of the Board.

Retirement. Means having reached normal retirement age as defined in the State Auto Insurance Companies Employee Retirement Plan ("State Auto Pension Plan") or taking early retirement in accordance with the terms of the State Auto Pension Plan.

Retirement. Shall mean the termination of Optionee's employment in accordance with the requirements of a written retirement plan, policy or rule of the Company that has been duly adopted by the Company or employing Subsidiary, as applicable.

Retirement. By an Employee shall have occurred if: (a) in the case of an Employee who is an employee of Rowan Companies, Inc. or an employee of an Employing Company, as defined in the Rowan Pension Plan (the 'Rowan Plan'), the Employee: (1) has satisfied the requirements for normal retirement pursuant to the rules of the Rowan Plan which, in terms of age, is a minimum of 60 and (2) has requested and received authorization from the administrative committee appointed by the Company's Board of Directors to... administer the Rowan Plan to commence receiving pension benefits; or (b) in the case of an Employee who is an employee of LeTourneau, Inc. or an employee of an Employing Company, as defined in the LeTourneau Pension Plan (the 'LeTourneau Plan'), the Employee: (1) has satisfied the requirements for either normal or late retirement pursuant to the rules of the LeTourneau Plan, (2) has requested and received authorization from the administrative committee appointed by the Board of Directors of LeTourneau, Inc. to administer the LeTourneau Plan to commence receiving pension benefits, and (3) would have satisfied the requirements for normal retirement pursuant to the rules of the Rowan Plan if he or she was an employee of Rowan Companies, Inc. or an employee of an Employing Company under the Rowan Plan. Determination of the date of termination of employment by reason of Retirement shall be based on such evidence as the Committee may require and a determination by the Committee of such date of termination shall be final and controlling on all interested parties. View More

Retirement. A termination of the Executive's employment after age 65 or in accordance with any mandatory retirement arrangement with respect to an earlier age agreed to by the Executive.

Retirement. Termination on or after Officer's 65th birthday.

Retirement. Termination by the Company or Executive of Executive's employment based on Executive's having reached age 65 or such other age or upon such other terms as shall have been fixed in any arrangement established with Executive's consent.