Announcement of Retirement Sample Clauses

Announcement of Retirement. Xxxxxxxxx has submitted his resignation from his positions as President and Chief Executive Officer and from all other offices held by him in Maverick and any of its subsidiaries, other than as a director of Maverick ("Resignation"). Maverick will inform the public of the Retirement and its plan for succession in a press release that is expected to be issued following the close of the stock market on October 18, 2004. A copy of the relevant portion of the press release relating to this announcement is attached to this Agreement as Exhibit A. Except to the extent required by law or to the extent dictated by a material change in circumstances, as determined by Maverick, any subsequent press releases issued by Maverick regarding the reasons for Xxxxxxxxx'x Retirement shall be substantially consistent with the contents of Exhibit X. Xxxxxxxxx shall cooperate with Maverick in the announcement of his Retirement, including but not limited to participating as directed by Maverick in a telephone conference call on October 19,
Sample 1
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Announcement of Retirement. 376.1 Teachers planning to retire at the end of the current school year shall notify the Superintendent, in writing, on or before March 1st of the school year. The teacher shall receive a stipend of $4,000. Such payment will be made during the month of July immediately following his/her retirement.
Sample 1
Announcement of Retirement. Within four (4) days of the Effective Date, the Company will file the disclosure attached hereto as Exhibit A and the press release attached hereto as Exhibit B with the SEC announcing Executive’s retirement and that Executive will be retained during the Transition Period to assist with transition issues. The Company may file this Agreement and any exhibits with the SEC at an appropriate time, as determined by the Company and as required by law. The Company will not file or make any other public written or verbal announcement concerning Executive’s separation of employment with the Company that is inconsistent with Exhibits A or B without the advance written consent of the Executive. If the Company requests consent by the Executive for statements concerning Executive’s separation from the Company, Executive shall respond within three (3) business days and shall not withhold such consent unreasonably. Executive will not make any public statements about his separation of employment with the Company other than those contained in Exhibits A or B.
Sample 1
Announcement of Retirement. You will announce at the Executive Team meeting on July 17, 2015 that you are retiring from LSI within the next 90 days and that you will be assisting LSI to make a successful transition to the next President of LSI Graphic Solutions Plus. You may script the reason for your retirement, subject to approval from LSI, and LSI will work with you on a mutually agreeable communication strategy for the internal and external communication about your departure from LSI.
Sample 1

Related to Announcement of Retirement

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. If the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment. If the Optionee's employment with the Corporation shall terminate other than by reason of Retirement (as defined in the last Section hereof), Disability (as defined in the last Section hereof), death or Cause, the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such termination. If the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment other than for Cause or Retirement, the Option (to the extent then vested) may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option). The Option, to the extent not then vested, shall immediately expire upon such death or disability. If the Optionee's employment terminates by reason of Retirement, the Option shall (A) become fully and immediately vested and exercisable and (B) remain exercisable for three years from the date of such Retirement (but not beyond the Term of the Option).

  • Termination After Change in Control Sections 9.2 and 9.3 set out provisions applicable to certain circumstances in which the Term may be terminated after Change in Control.

  • Termination of Employment Following Change in Control (a) If a Change in Control (as defined in Section 5(b) of this Agreement) shall occur and if thereafter at any time during the term of this Agreement there shall be:

  • Termination Following a Change in Control (a) In the event of the occurrence of a Change in Control, the Executive's employment may be terminated by the Company or a Subsidiary during the Severance Period and the Executive shall be entitled to the benefits provided by Section 4 unless such termination is the result of the occurrence of one or more of the following events:

  • Termination After a Change in Control You will receive Severance Benefits under this Agreement if, during the Term of this Agreement and after a Change in Control has occurred, your employment is terminated by the Company without Cause (other than on account of your Disability or death) or you resign for Good Reason.

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