Retirement

Retirement. Of a Participant shall mean with respect to an employee of the Company or a Subsidiary, the occurrence of a Participant's Date of Termination with the consent of the Participant's employer after the Participant is eligible for early retirement or normal retirement under the ACE Limited Employee Retirement Plan (or any other retirement plan maintained by the Company or the Subsidiaries) and with respect to a Director, the Participant's Date of Termination with the consent of the Company after... the Participant would be eligible for retirement under any retirement plan maintained by the Company or a Subsidiary if the Director were an employee of the Company or a Subsidiary; provided, however, that the Committee may impose such additional or alternative conditions or restrictions on Retirement as it determines to be appropriate. View More

Retirement. The term 'Retirement' means an employee who's Date of Termination occurs after satisfying all of the following: (i) the employee has provided at least ten years of service with the Company or a Related Company; (ii) the employee has attained at least age 62; and (iii) the employee terminates employment in good standing with the Company or a Related Company, and (iv) the employee executes an agreement and release as required by the Company which will include, without limitation, a general... release, and non-competition and non-solicitation provisions. However, with respect to exercising vested options pursuant to 4(c), above, 'Retirement' shall mean the occurrence of a Participant's Date of Termination with the consent of the Participant's employer after the Participant is eligible for early retirement or normal retirement under a retirement plan maintained by the Company or the Subsidiaries. View More

Retirement. The term "Retirement" means the Participant's Date of Termination that occurs on or after the Participant has both completed at least ten years of service with the Company or a Related Company and attained at least age 62; provided, however, that a Date of Termination will not be treated as a Retirement unless the Participant (i) has terminated employment in good standing with the Company or a Related Company, and (ii) executes an agreement and release as required by the Company which will... include, without limitation, a general release, and non-competition and non-solicitation provisions. A Participant shall be deemed to have executed a release as described in clause (ii) above only if such release is returned by such time as is established by the Company; provided that to the extent benefits provided pursuant to the Plan would be considered to be provided under a nonqualified deferred compensation plan as that term is defined in Treas. Reg. §1.409A-1, such benefits shall be paid to the Participant only if the release is returned in time to permit the distribution of the benefits to satisfy the requirements of Code section 409A with respect to the time of payment. View More

Retirement. Shall mean retirement after attaining "normal retirement age" under any pension or retirement plan maintained by the Company in which the Executive participates.

Retirement. With respect to the Grantee, a voluntary termination of Employment with the Company, its Subsidiaries and its Affiliates, under circumstances indicative of retirement in the sole discretion of the Committee after attaining age 60 and completing 10 years of service with such entities. Notwithstanding this Section, and unless otherwise specified in the Agreement, capitalized terms shall have the meanings attributed to them under the Plan.

Retirement. A Separation from Service on or after the attainment of age 55 and with at least five years of service with the Company; provided, however, that such Separation from Service is not by the Company for Cause and occurs on or after July 1 of the calendar year in which this grant of Target Shares is made

Retirement. Means a Separation from Service on or after the attainment of age 55 and with at least five years of service with the Company; provided, however, that such Separation from Service is not by the Company for Cause.

Retirement. With respect to a Participant, the earliest date on which the Participant is eligible to retire under any qualified Code Section 401(a) plan of the Company, or, if there is no such plan, age 65

Retirement. An Employee's termination of employment with the Company or its Subsidiary or a non-employee Director's cessation of service as a Director (other than as a result of death or Disability or removal for Cause) on or after (A) the Participant's 65th birthday if the Participant has completed at least ten years of employment with the Company or any of its Subsidiaries or service as a Director, or (B) the Participant's 60th birthday if the Participant has completed at least 15 years of employment... with the Company or any of its Subsidiaries or service as a Director. View More

Retirement. With respect to any Participant, any termination of the Participant's employment on or after the date on which the Participant has (i) attained age 65 and completed at least five years of service with the Company or any of its Subsidiaries or (ii) attained age 55 and completed at least ten years of service with the Company or any of its Subsidiaries; provided that the Participant's employment is not terminated for Cause