Retirement

Retirement. A termination of the employment of the Participant, after the Participant has attained 62, for any reason other than death, Disability, Cause or Involuntary Termination

Retirement. Retirement of a Participant (i) as defined under any retirement plan of the Company or any Affiliate which is qualified under Section 401 of the Code in which the Participant participates, or (ii) as determined by the Committee.

Retirement. Retirement of an Employee (i) as defined under any retirement plan of the Company or any Affiliate which is qualified under Section 401 of the Code or otherwise (ii) as determined by the Committee.

Retirement. (i) Except as provided under (ii) or (iii) below, Retirement means either of the following: · age 55 with 10 years of service; or · age 65 with at least three years of service. (ii) For Employees who (A) are not covered by (iii) below and (B) transferred to the Company directly from Abbott Laboratories either as a result of the Company's spin-off from Abbott Laboratories or during the period from January 1, 2013 through June 30, 2015 with the consent of each company's head of human resources... and were hired into the Abbott Laboratories controlled group prior to January 1, 2004, Retirement means any of the following: · age 50 with 10 years of service; · age 65 with at least three years of service; or · age 55 with an age and service combination of 70 points, where each year of age is one point and each year of service is one point. (iii) For participants in the AbbVie Pension Plan for Former BASF and Former Solvay Employees, Retirement means either of the following: · age 55 with 10 years of service; or · age 65 with at least three years of service. (iv) For purposes of calculating service under this Section 1(k), except as otherwise provided by the Committee or its delegate: (A) service is earned only if performed for a member of the Controlled Group while that Controlled Group member is a part of the Controlled Group; and (B) for Employees who transferred to the Company directly from Abbott Laboratories during the period from January 1, 2013 through June 30, 2015 either as a result of the Company's spin-off from Abbott Laboratories or with the consent of each company's head of human resources, service includes service with Abbott Laboratories that is counted for benefit calculation purposes under the AbbVie Pension Plan, the AbbVie Pension Plan for Former BASF and Former Solvay Employees, or another Company-sponsored pension plan, as applicable. View More

Retirement. The termination of a Participant's employment with 3M after meeting the requirements for retirement under any retirement plan of 3M (including, in the United States, the 3M Employee Retirement Income Plan)

Retirement. Shall have the meaning set forth in the Equity Plan; however, solely in the event Grantee is not eligible to participate in a Company-sponsored qualified defined benefit pension plan at the time Grantee separates from service with the System Companies, Retirement shall mean Grantee separates from service with the System Companies after attaining age 55 and with ten (10) or more years of employment with System Companies as interpreted in the sole discretion of the Committee.

Retirement. (i) ceasing to be a director of the Company by reason of mandatory retirement pursuant to any policy or plan of the Company applicable to Non-Employee Directors or (ii) ceasing to be a director of the Company following either (x) completion of at least five years of service as a director, in the aggregate or (y) having served as a director of the Company for at least five consecutive annual meetings of stockholders of the Company.

Retirement. Shall have the meaning set forth in the applicable Agreement and, in the absence of such a definition in the Agreement, means retirement by an employee from active employment with the Company or any Subsidiary (i) on or after attaining age 65, or (ii) with the express consent, for the purposes of this Plan, of the Committee or such officer of the Company as the Committee may designate from time to time at or before the time of such retirement, from active employment with the Company or any... Subsidiary after age 55. View More

Retirement. The voluntary resignation of employment by Employee, after Employee: (i) has attained the age of 55 or greater; (ii) has a sum of age plus full years of Service with the Company equal to 65 or greater; and, (iii) has completed at least 5 consecutive full years of Service with the Company during the 5 year period immediately preceding the resignation.

Retirement. Means a Participant's voluntary or involuntary termination of employment, which is also a "separation from service" under Section 409A, other than a termination for Cause or by reason of death or Disability, if at the time of such termination the Participant represents in writing to the Administrator that he or she does not intend to return to the workforce on a substantially full-time basis, or the Administrator otherwise determines in its sole discretion that the circumstances of the... Participant's termination makes such a return to the workforce unlikely. The unvested portion of a Participant's Account at Retirement shall vest only at the end of the Probation Period, and only to the extent provided in Section 7.04. View More