Common use of Qualifying Retirement Clause in Contracts

Qualifying Retirement. For purposes of this Agreement, a “Qualifying Retirement” shall occur if at the time of Grantee’s retirement (i) Grantee has had ten (10) years of Continuous Service and (ii) is age 59 1/2 or older.

Appears in 2 contracts

Samples: Stock Appreciation Right Award Agreement (Newport Corp), Stock Appreciation Right Award Agreement (MKS Instruments Inc)

AutoNDA by SimpleDocs

Qualifying Retirement. For purposes of this Agreement, a “Qualifying Retirement” shall occur if at the time of Grantee’s retirement (i) Grantee has had ten (10) years of Continuous Service and (ii) is age 59 1/2 591/2 or older.

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement (Newport Corp)

AutoNDA by SimpleDocs

Qualifying Retirement. For purposes of this Agreement, a “Qualifying Retirement” shall occur if at the time of Grantee’s retirement (i) Grantee has had ten (10) years of Continuous Service and (ii) is age 59 1/2 1⁄2 or older.

Appears in 1 contract

Samples: Stock Appreciation Right Award Agreement (MKS Instruments Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.