Common use of Age 65 Benefit Clause in Contracts

Age 65 Benefit. The Company will pay the Executive a benefit under this Paragraph if the Executive remains in the continuous employ of the Company from the Effective Date until the date the Executive attains age 65 and a Change in Control (as defined in Paragraph 3) has not occurred. The benefit payable under this Paragraph shall equal the Executive’s Accrued Benefit (determined in accordance with the Summary Schedule as of the Executive’s

Appears in 4 contracts

Samples: Supplemental Retirement Plan (Green Mountain Power Corp), Supplemental Retirement Plan (Green Mountain Power Corp), Supplemental Retirement Plan (Green Mountain Power Corp)

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