Retirement

Example Definitions of "Retirement"
Retirement. Shall mean the voluntary Termination of a Participant other than for Cause on or after (i) attaining age 65 or (ii) the date that the sum of (x) the Participant's age and (y) the number of Participant's years of continuous service with the Company Group is at least 72, provided that the Participant has reached a minimum age of 55.
Retirement. Termination of a Participant's employment for any reason other than Cause upon or after attaining age 65, or between age 55 and 65 after providing 10 or more years of service to the Company or an Affiliate.
Retirement. Means the Executive's resignation of employment (other than for Good Reason) on or after the Executive's attainment of age 65 with five consecutive years of service with the Company.
Retirement. Means the Grantee's voluntary resignation from service with the Company (i) after attaining 55 years of age and five years of service with the Company, or (ii) where the sum of the Grantee's (x) age in years, and (y) years of continuous service with the 7 Company, equals at least 70 years; provided, however, that in all cases the Grantee provides written notice to the Committee of the Grantee's intention to resign from service with the Company at least six months in advance of such... resignation; and provided, further, that Grantee complies with all restrictive covenants including any non-competition, non-solicitation, non-disparagement and confidentiality obligations. View More Arrow
Retirement. For purpose of this Award Agreement, "Retirement" means, unless otherwise defined in the Participant's written employment arrangements with the Company or any Related Entity in effect on the Date of Grant (as amended from time to time thereafter), and unless otherwise determined by the Committee, termination of the Participant's Continuous Service after both (i) at least 10 years of employment and (ii) attaining at least 55 years of age.
Retirement. Means, for purposes of Award Certificate, Grantee's voluntary termination of Continuous Service, other than a termination for Cause, after Grantee has attained (i) age 65, or (ii) age 60 with at least 10 years of service.
Retirement. Means a Participant's voluntary termination of employment after attaining age 60 and completing at least five years of service. 3 2.27 "Rule 16b-3" means Rule 16b-3, as from time to time in effect and applicable to Participants, promulgated by the Securities and Exchange Commission under Section 16 of the Exchange Act.
Retirement. Means a termination of employment without Cause (other than on account of death, Disability or Mutual Agreement Termination) (A) occurring on or after the date (i) you have attained age 55, and (ii) the sum of your age (in whole years, rounded down to the nearest year) and Continuous Years of Service (in whole years, rounded down to the nearest year) equals or exceeds 65 and (B) provided that you are Retired From the Industry (as reflected in subsection (1)(ii) below) for each applicable... Vesting Date (and the related settlement date referenced in Section 6(f)). This Section 28(o) (inclusive of all subsections below) shall be enforceable to the fullest extent under applicable law.Page 15 PSU AwardFebruary 21, 2024For Plan Year 2023 Performance (1)For purposes of these Terms and Conditions: i.Any Retirement shall become effective on the first day of the month following the month in which you satisfy the provisions of Section 28(o). ii."Retired from the Industry" means a termination of employment under circumstances that otherwise constitute Retirement and, except as may be otherwise approved by the Corporation's Chief Executive Officer or Chief Human Resources Officer in their sole discretion (or if you are a Section 16 Officer, approved by the Chair of the Committee), in which you 1.continue to be retired or to not perform services as an employee, officer, director or consultant for, or in any other capacity assist, any entity (other than the Corporation or a Subsidiary), whether existing or in formation, that provides or plans to provide services the same as, substantially similar to, or in direct or indirect competition with those offered by the Corporation or any Subsidiary and which you rendered on behalf of the Corporation or any Subsidiary, including but not limited to, those relating to trust, investment management, financial and family business consulting, guardianship and estate administration, brokerage services, private and commercial banking, asset management, custody, fund administration, investment operations outsourcing, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury and cash management, and transition management services, and 2.on an annual basis certify to the Corporation, at such times and in such manner as the Committee may require, that since your termination of employment, you have remained retired or have not performed any services described in subsection (1)(ii)(1).iii.Anything herein to the contrary notwithstanding, 1.Service as a director of an entity described in subsection (1)(ii)(1) above which has been approved in writing by the Committee prior to the commencement of such service shall not, in and of itself, constitute the cessation of being Retired from the Industry.2.Clause B of this Section 28(o) does not apply to U.S. employees who primarily reside in or whose primary work location for the Employer, at the time of the termination of employment was California, Minnesota, North Dakota, or Oklahoma. View More Arrow
Retirement. Means the Participant voluntarily resigns from service with the Company and all Affiliates after having both attained age sixty (60) and accumulated at least seventy (70) points ("Retirement Age"). The Participant's points shall equal the sum of the participant's age (in years) plus completed full years of employment with the Company and its Affiliates.
Retirement. Means (a) with respect to an Employee, termination of all service as an employee at or after the normal or early retirement date set forth in any policy adopted by the Company, or if no such policy has been adopted, such time as determined by the Board or the Committee; and (b) with respect to a Consultant, termination of all services as a Consultant under the... terms of the consulting arrangement. View More Arrow
All Definitions