Retirement

Retirement. Shall mean the Executive's voluntary or involuntary termination of employment with the Corporation except for termination on account of (A) Cause as defined in Subsection 6(b) hereof, (B) death or (C) Permanent Disability before attaining age sixty-five (65).

Retirement. Shall mean voluntary termination by the Employee in accordance with First Federal's retirement policies, including early retirement, generally applicable to their salaried employees.

Retirement. Means retirement from employment with the Company or an Affiliate thereof, as an employee, director, director emeritus or advisory director thereof, having reached the age of 65.

Retirement. Shall mean the termination of an Optionee's Continuous Status as an Employee or Consultant when any of the following are true: (i) the Optionee is at least fifty-five (55) years old and he or she has completed at least seven (7) years of service as an Employee or Consultant, (ii) the Optionee is at least sixty-three (63) years old, or (iii) the Optionee's age when added to the number of years of service as an Employee or Consultant equals or exceeds seventy (70).

Retirement. Means (i) as to officers and employees, retirement from active employment with the Company and its Subsidiaries and receiving benefits under the Company's qualified retirement plan and (ii) as to Non-Employee Directors, the same as "Retirement" under the "Retirement Policy" in effect for the Board of Directors on which the Participant was serving upon receipt of an Award.

Retirement. Termination of employment under circumstances in which the Grantee is entitled to a benefit from the Corporation's defined benefit pension plan.

Retirement. The Executive's voluntary retirement under the Company's retirement plan or policy

Retirement. Means termination of Participant's employment with a Company: (i) after Participant has reached 65 years of age, and (ii) after Participant has ten or more years of service with the Companies.

Retirement. Of the Grantee shall mean, with the approval of the Committee, the occurrence of the Grantee's Date of Termination on or after the date the Grantee attains age 55.

Retirement. Means a termination of employment, for reasons other than death, which satisfies the requirements for normal, early, late or disability retirement in accordance with the Ionics, Incorporated Retirement Plan or any successor plan.