Common use of Early Retirement Age Clause in Contracts

Early Retirement Age. The age set by the Employer in the Adoption Agreement, not less than age fifty-five (55), at which a Participant becomes fully vested and is eligible to retire and receive his or her benefits under the Plan.

Appears in 11 contracts

Samples: Prototype Defined Contribution Plan (Savannah Bancorp Inc), Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)

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Early Retirement Age. The age set by the Employer in the Adoption Agreement, not less than age fifty-fifty five (55), at which a Participant becomes fully vested and is eligible to retire and receive his or her benefits under the Plan.

Appears in 8 contracts

Samples: Prototype Defined Contribution Plan (United Community Bancorp), Prototype Defined Contribution Plan (FNB United Corp.), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Early Retirement Age. The age set by the Employer in the Adoption Agreement, Agreement (but not less than age fifty-five (55), which is the earliest age at which a Participant becomes fully vested and is eligible to may retire and receive his or her benefits under the Plan.

Appears in 7 contracts

Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

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Early Retirement Age. The shall be age set by the Employer 55, unless otherwise specified in the Adoption Agreement, not less than age fifty-five (55), at and means the earliest date on which a Participant becomes fully vested and is eligible who has Separated from Service with the Employer can elect to retire and receive his or her benefits under the PlanNormal Retirement Benefits (as outlined in Section 7.02).

Appears in 1 contract

Samples: Metals Usa Inc

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