Retirement

Example Definitions of "Retirement"
Retirement. The same meaning as defined in the Employment Agreement
Retirement. Shall mean the voluntary termination of the Participant at any time on or after attaining age 65.
Retirement. Shall mean the termination of Employment by the Participant on or after (i) the Participant's attainment of age 65, or (ii) the Participant's attainment of age 55 and completion of ten (10) years of service. For this purpose, the Participant shall be credited with a year of service for each consecutive twelve-month period he is Employed during his period of Employment with the Company. Employment shall not be deemed to be terminated or interrupted by a leave of absence, sick leave or vacation... granted to the Participant by the Company. View More
Retirement. (i) the Employee's early or normal retirement and commencement of benefit payments under the Retirement Plan, or (ii) if the Employee does not have an accrued benefit under the Retirement Plan, the Employee's termination of Service on or after the earlier of his or her (A) attainment of age 65 or (B) attainment of age 55 and completion of 10 years of Service.
Retirement. Termination of Service pursuant to and in accordance with the regular (or, if approved by the Board for purposes of the Plan, early) retirement/pension plan or practice of the Company or Subsidiary then covering the Participant, or as otherwise provided by the Committee in its sole discretion.
Retirement. As defined in the Operating Company's tax qualified 401(k) savings plan.
Retirement. The termination of the Participant's employment with the Company and its Subsidiaries (i) at age 60 or older with 10 years of service, or (ii) at age 65 or older, in each case provided that the Participant's employment with the Company and its Subsidiaries continues for at least six months after the Grant Date.
Retirement. Means Grantee's voluntary retirement from his or her service as an Employee or member of the Board at a time when Grantee has (i) attained at least fifty-five (55) years of age, and (ii) completed at least ten (10) Years of Service with the Company, the Partnership or a Subsidiary, provided that Grantee has provided the Company or the Partnership with at least twelve (12) months' advance written notice of Grantee's retirement. For avoidance of doubt, if Grantee's status as a Service Provider... terminates for any reason during such notice period, Grantee's status as a Service Provider shall not be deemed to have terminated by reason of his or her Retirement for purposes of this Agreement. View More
Retirement. Termination of employment on or after attainment of age 65, or if earlier, termination of employment after attainment of age 55 having earned ten years of service, provided, however, for Non-Employee Directors 'retirement' means termination of service on or after attainment of age 65. Notwithstanding the above, the Committee may specify a different definition of retirement in the Evidence of Award.
Retirement. A termination of Employment that is also a Separation from Service (i) on or after the attainment of age 55 and (ii) with at least five years of service; provided, however, that such termination of Employment is not by the Company for Cause and occurs on or after July 1 of the calendar year in which this Award is granted. For purposes of this Award Agreement, "Cause" means the Participant's (a) gross negligence in the performance of his or her duties, (b) intentional and continued failure to... perform his or her duties, (c) intentional engagement in conduct which is materially injurious to the Company or its Subsidiaries (monetarily or otherwise) or (d) conviction of a felony or a misdemeanor involving moral turpitude. For this purpose, an act or failure to act on the part of the Participant will be deemed "intentional" only if done or omitted to be done by the Participant not in good faith and without reasonable belief that his or her action or omission was in the best interest of the Company, and no act or failure to act on the part of the Participant will be deemed "intentional" if it was due primarily to an error in judgment or negligence View More
All Definitions