Retirement

Retirement. Means the voluntary termination by you of your employment with your Employer at such time as (i) you have attained at least the age of fifty-five (55) and (ii) you have been employed by the MSG Entertainment Group, the Sphere Entertainment Group and/or the MSG Sports Group for at least five (5) years in the aggregate; provided that your Employer may nevertheless decide, in its sole discretion, not to treat your termination of employment as a "Retirement" hereunder. Treatment of your termination... of employment as a "Retirement" hereunder shall be further subject to your execution (and the effectiveness) of a "retirement agreement" to your Employer's satisfaction, including, without limitation (to the extent desired by your Employer), non-compete, non-disparagement, non-solicitation, confidentiality and further cooperation obligations/restrictions on you as well as a general release by you of the MSG Entertainment Group, the Sphere Entertainment Group and the MSG Sports Group. The above definition of "Retirement" is solely for purposes of this Agreement and shall not, in any way, create or imply any obligations of the MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group (under any other agreement or otherwise) with respect to any such termination of your employment. View More

Retirement. Means termination of Service due to retirement upon attainment of certain age and/or service requirements specified by the Partnership's, the Company's, or their Affiliates' qualified retirement program(s) or successor programs or as determined by the Committee (or the Board, as the case may be) in the event of early retirement.

Retirement. Shall mean the Employee's termination of employment (other than an Involuntary Termination or a termination by the Company for Cause) that occurs on or after the date in which the Employee reaches the age of 59 1/2, provided the Employee remains in continuous employment with the Company or one of its affiliates from the Date of Grant through [ ]. -2- 3. Restricted Stock Units. By acceptance of this Restricted Stock Unit award, Employee agrees with respect thereto as... follows: (a) Forfeiture Restrictions. The Restricted Stock Units are restricted in that they may not be sold, assigned, pledged, exchanged, hypothecated, or otherwise alienated or transferred, encumbered, or disposed of, and in the event of termination of Employee's employment or service with the Company for any reason other than death, Disability, or on account of an Involuntary Termination, Employee shall, for no consideration, forfeit to the Company all Restricted Stock Units to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Units to the Company upon termination of employment or services as provided in this Section 3(a) are herein referred to as the 'Forfeiture Restrictions.' The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock Units. View More

Retirement. The Grantee's termination of service as a Director (other than an Involuntary Termination) that occurs on or after the date in which the Grantee reaches the age of 75, provided the Grantee remains in continuous service as a Director with the Company from the Date of Grant through [ ].

Retirement. Means termination of Service of an Employee on or after the time at which the Employee has attained age 55 and completed five years of service with the Partnership, the Company or their Affiliates, as applicable. Service is defined by the policies of the Partnership, the Company or their Affiliates.

Retirement. Means termination of employment of an Employee on or after the time at which the Employee either (a) is eligible for retirement under the Marathon Petroleum Retirement Plan or Speedway Retirement Plan, or a successor retirement plan of either, if the Employee is or was a participant in such plan or (b) has attained age 50 and completed ten years of employment with the Partnership, the Company or their Affiliates, as applicable. However, the term Retirement does not include an event following... which the Participant remains an Employee. Notwithstanding the foregoing, the term "Retirement" if separately defined in an individual Award Agreement, shall have the meaning as set forth in any such individual Award Agreement. View More

Retirement. The Participant's retirement from active employment (i) as determined in accordance with provisions of any employment contract with the Company or any Subsidiary or Affiliate that specifically pertains to retirement or (ii) at or after age 65 under circumstances that the Committee, in its sole discretion, may establish.

Retirement. Retirement means, unless otherwise defined in an Award Agreement or in a written employment, services, or other agreement between the Participant and the Company or an Affiliate, "Retirement" as defined from time to time for purposes of this Plan by the Committee or by the Company's chief human resources officer or other person performing that function.

Retirement. Unless otherwise provided in the applicable Award Agreement, the Termination of Service of a Grantee under circumstances which would entitle the Grantee to an immediate pension under an approved retirement plan of the Company, or, in the absence of such a plan, the Termination of Service of a Grantee on or after the Grantee's attainment of age 65 or on or after the Grantee's attainment of age 55 with five consecutive years of service with the Company, any Subsidiaries or their Affiliates.

Retirement. A Participant's termination or resignation of employment with the Partnership or any of its Affiliates for any reason (other than for Cause or by reason of the Participant's death) following the date the Participant attains age 65; provided that, in the case of any Participant who is a party to an effective services, severance or employment agreement with the Partnership or any of its Affiliates, the meaning of 'Retirement' will have the meaning (if any) specified in such agreement