Retirement

Retirement. Voluntary termination of service as a director, but shall also include death of the Director while in office.

Retirement. Means the termination (other than for Cause or by reason of death or Disability) of an Optionee's employment or other service on or after the date on which the Optionee has attained the age of 55 and has completed 10 years of continuous service to the Company or any Subsidiary (such period of service to be determined in accordance with the retirement/pension plan or practice of the Company or Subsidiary then covering the Optionee, provided that if the Optionee is not covered by any such plan or... practice, the Optionee will be deemed to be covered by the Company's plan or practice for purposes of this determination). View More

Retirement. Is defined as termination of employment with the Company (i) without cause; (ii) after no less than five full years of service as an employee of the Company; (iii) having achieved a total of "55" by adding together the employee's age at departure and number of full years of service as an employee; and (iv) subject to a two year non-compete agreement in a form acceptable to the Company.

Retirement. Shall mean a Participant's termination of employment (other than by reason of death or Disability and other than a termination that is (or is deemed to have been) for Cause) on or after the later of (i) the date the Participant attains age 65 and (ii) the date the Participant has completed ten years of service with the Company.

Retirement. Shall mean a Participant's voluntary retirement, with the consent of the Company, from employment with or service to the Company or a Subsidiary on or after attainment of the age of 60.

Retirement. A Participant's termination of employment with the Company and all of its Subsidiaries on or after the date on which the Participant has attained age 65 and completed at least 5 years of service with the Company or its Subsidiaries and is not employed elsewhere.

Retirement. A Participant's termination of employment with the Company and all of its Subsidiaries on or after the date on which the Participant has attained age 62 and completed at least 12 years of service with the Company or its Subsidiaries and does not become employed elsewhere. For this purpose, years of service shall include all years of service that the Participant works for the Company or its Subsidiaries and the Participant's years of service with a company prior to such company becoming... affiliated with the Company by merger or the acquisition of the company's assets, provided that the Participant became employed by the Company or one of its Subsidiaries immediately following such merger or acquisition Years of service shall be determined by the number of whole years of service the Participant completes while continuously employed by the Company or its Subsidiaries, or the company that became affiliated with the Company by way of merger or acquisition. View More

Retirement. Means a Termination of Employment by reason of a Participant's retirement (other than by reason of disability) as determined pursuant to and in accordance with the then current regular retirement plan applicable to such Participant; provided, however, that the Participant must be at least age 65 at the time of such Termination of Employment.

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

Retirement. Retirement shall mean a Participant's termination of employment on or after attainment of age 55. A Participant shall be deemed to have terminated employment only if the Company and the Participant reasonably anticipate a permanent 3 reduction in his or her level of bona fide services to a level less than 50% of the average level of bona fide services provided by the Participant in the immediately preceding thirty-six (36) months.