Early Retirement Agreement Sample Clauses

Early Retirement Agreement a. The Merced County Office of Education shall continue all health, accident and dental benefits into retirement for the bargaining unit member at no expense to the bargaining unit member until the bargaining unit member reaches age sixty-five (65). Effective July 1, 2004, the Merced County Office of Education shall continue all health, dental, vision and accident benefits into retirement for the bargaining unit member until the bargaining unit member reaches age sixty-five (65). The medical insurance coverage shall be equivalent to the medical plan(s) then in effect for all certificated personnel. If at any time the current plan requires payment in any part by the employee, the retiree shall be responsible for the same amount of cost for maintaining insurance coverage as other certificated employees.
Sample 1Sample 2Sample 3
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Early Retirement Agreement. Dear Xxxxx: This will confirm our offer concerning your early retirement from your employment with Associated Banc-Corp or its direct or indirect subsidiaries (collectively “Associated Bank” or the “Company”). As we discussed, provided you remain employed with the Company through the Retirement Date (as defined below) and comply in all material respects with the terms of this Agreement, the Company will provide the early retirement payment described in Paragraph 2, below (the “Retirement Payment”). This Agreement shall be effective on the date you sign it, provided you do not exercise your revocation right as described in Paragraph 4(D), below. As used herein, the “Retirement Date” will be the first day of the month following the month in which the Company appoints your successor, but in any case no earlier than March 1, 2022. The Company will provide you with 10 days advance written notice of the Retirement Date.
Sample 1
Early Retirement Agreement. 1. Any teacher employed by the Campton School District who is at least 55 years of age and who has taught in the District the equivalent of at least 15 consecutive full-time years preceding the June 30th date of his/her stated retirement year, shall be eligible for an Early Retirement incentive.
Sample 1

Related to Early Retirement Agreement

  • Early Retirement An employee entitled to twenty-five (25) or more days of annual vacation shall be entitled to defer up to five (5) days per year of vacation into an Early Retirement Bank. An employee entitled to thirty (30) or more days of annual vacation shall be entitled to defer up to ten (10) days per year of vacation into an Early Retirement Bank. Such deferred vacation may only be taken immediately prior to retirement. The Employer may, at its sole discretion, permit an employee to use such banked vacation under other circumstances.

  • Early Retirement Date Early Retirement Date shall mean a retirement from employment which is effective prior to the Normal Retirement Age stated herein, provided the Executive has attained age sixty (60) with thirty (30) years of service with the bank.

  • Early Retirement Age Early Retirement Age is the later of: (i) the date a Participant attains age ; (ii) the date a Participant reaches the anniversary of the first day of the Plan Year in which the Participant commenced participation in the Plan; or (iii) the date a Participant completes Years of Service. [Note: The Employer should leave blank any of clauses (i), (ii) and (iii) which are not applicable.] If (f)(iii) is selected, “Years of Service” under this Election 34(f)(iii) means (Choose (1) or (2).):

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Early Retirement Incentive The Employer may offer to any faculty member or a faculty member may apply for one of the early retirement incentive alternatives described herein, provided the faculty member meets the following criteria. The Union shall be advised in writing of any offer of early retirement made to a faculty member.

  • EARLY RETIREMENT INCENTIVE PLAN 1. The Board will pay an allowance to continuing contract teachers who retire from teaching in the District under the Teachers' Pension Plan, before reaching age sixty (60), subject to the following conditions: The teacher must:

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

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