Retirement

Retirement. Means termination of Executive's employment by the Employer after Executive has reached the Employer's retirement age, as established from time to time by the Employer for its senior executive officers, which in no event shall be earlier than 65 years of age.

Retirement. Means, with respect to an Employee, cessation of Continuous Service on or after age 65 or such other age as set forth in the Company's retirement policy as in effect from time to time and, with respect to a Director who is not an Employee, cessation of Continuous Service on the Board.

Retirement. Shall mean retirement of a Participant (who is not an independent contractor) or a Grantee from the employ of the Company in accordance with the terms of an applicable qualified retirement plan or, if such Participant or Grantee is not covered by such a plan, on or after such Participant's or Grantee's 65th birthday.

Retirement. Termination of the OFFICER's employment with the COMPANY, for any reason, after he has reached age 53, except that the term "Retirement" does not include termination by the COMPANY for Cause.

Retirement. Of a participant in this Plan means retirement as defined under any tax-qualified Company pension plan in which the individual participates; or, if none, as defined by the Committee under uniform and nondiscriminatory rules for the administration of the Plan.

Retirement. Means a severance from the Company's employment upon or after attainment of two (2) years of service and 55 years of age for employees, and two (2) years of service for Trustees.

Retirement. Shall mean termination of Lorber's employment, other than due to death, with eligibility to receive a benefit under the terms of Nathan's Supplemental Executive Retirement Plan as then in effect.

Retirement. Means a Participant's retirement at or after age 65 with five years of service to the Company or retirement at or after age 55 with ten years of service to the Company.

Retirement. Means termination of an individual's directorship with at least ten years of service as a member of the Board or after age 70.

Retirement. Means Executive's termination of his employment when the sum of Executive's age and years of continuous full-time employment with the Company or any Affiliate total to 65 or more.