Retirement

Retirement. Shall mean retirement of an Employee from the employ of the Company, its Parent, or its Subsidiaries, as the case may be, in accordance with the then existing employment policies of any such employer.

Retirement. Means retirement on or after the "Early Retirement Date" (as such term is defined in the Pension Plan or a Subsidiary's retirement or pension plan). 2 "Return on Assets" means Net Income divided by the average of the total assets of the Company at the end of the four fiscal quarters of the Year, as reported by the Company in its consolidated financial statements.

Retirement. Grantee's termination of employment with the Company at age 65 or older with at least five years of service (with the Company or a subsidiary) or, with the approval of the Company, at age 55 or older with at least five years of such service.

Retirement. Shall mean a time when the sum of the Executive's age and employment with the Company equals or exceeds 65.

Retirement. Shall mean a Participant's termination of employment with the Company or a subsidiary either (i) on a voluntary basis by a Participant who is at least 60 years of age and has at least 15 years of service with the Company or a subsidiary or (ii) otherwise with the written consent of the Committee in its sole discretion. The decision of the Committee shall be final and conclusive.

Retirement. Shall mean termination of employment with the Company or any Designated Subsidiary by an Employee on or after the date such Employee reaches age 55 with 15 Years of Service, unless otherwise determined by the Committee. 2

Retirement. Termination of service in all capacities as an Employee, Director and Director Emeritus following attainment of not less than age 55 and completion of not less than ten years of Service to the Company. Service to the Company rendered prior to the Effective Date shall be recognized in determining eligibility to meet the requirements of Retirement under the Plan.

Retirement. Means termination of a Participant's employment on or after the normal retirement date or, with the Committee's approval, on or after any early retirement date established under any retirement plan maintained by the Company, or any Subsidiary in which the Participant participates.

Retirement. Termination by you or by the Company or the Bank of your employment based on "RETIREMENT" shall mean termination on or after your attainment of age sixty-five (65).

Retirement. Any termination of employment other than for Cause occurring after the Executive shall reach age 55 and has been employed for 10 years or more with the Bank.