Common use of Retirement Clause in Contracts

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's retirement as an employee of the Company or any of its subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three years employment with the Company or any of its subsidiaries after the Closing Date.

Appears in 17 contracts

Samples: Management Unit Subscription Agreement (Mg Waldbaum Co), Management Unit Subscription Agreement (Mg Waldbaum Co), Management Unit Subscription Agreement (Mg Waldbaum Co)

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Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's retirement as an employee of the Company Investors or any of its subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company or any of its subsidiaries Investors after the Closing Date.

Appears in 16 contracts

Samples: Management Stock Purchase and Unit Subscription Agreement (Mg Waldbaum Co), Management Stock Purchase and Unit Subscription Agreement (Mg Waldbaum Co), Management Stock Purchase and Unit Subscription Agreement (Mg Waldbaum Co)

Retirement. The term "Retirement" shall mean, with respect to mean the voluntary retirement of the Executive from the Company (a) at or after age 62 or (b) at any time after the combination of the Executive, ’s age and service with the Executive's retirement as an employee of the Company company or any of its subsidiaries on predecessor or after reaching age 65, subsidiary equals or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three years employment with the Company or any of its subsidiaries after the Closing Dateexceeds 75 years.

Appears in 7 contracts

Samples: Employment Agreement (DynCorp International LLC), Employment Agreement (DynCorp International LLC), Employment Agreement (DynCorp International LLC)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company or any of its subsidiaries pursuant to the employment policies of the Company and/or its subsidiaries, or if such employment policy does not exist, on or after reaching age 65, 65 or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three five years employment with the Company or any of its subsidiaries after the Closing Date.

Appears in 7 contracts

Samples: Support and Voting Agreement (Vestar Capital Partners v L P), Management Stock Contribution (Radiation Therapy Services Holdings, Inc.), Support and Voting Agreement (Vestar Capital Partners v L P)

Retirement. The term "Retirement" shall mean, with respect to mean the Executive, voluntary retirement of the Executive from the Company (a) at or after age 62 or (b) at any time after the combination of the Executive's retirement as an employee of age and service with the Company company or any of its subsidiaries on predecessor or after reaching age 65, subsidiary equals or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three years employment with the Company or any of its subsidiaries after the Closing Dateexceeds 75 years.

Appears in 7 contracts

Samples: Employment Agreement (Dyncorp International Inc.), Employment Agreement (DynCorp International LLC), Employment Agreement (Dyncorp)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company Investors or any of its subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company Investors or any of its subsidiaries after the Closing Datesubsidiaries.

Appears in 5 contracts

Samples: Senior Management (Michael Foods Inc/New), Class F Unit Subscription Agreement (Michael Foods Inc/New), Senior Management (Michael Foods Inc/New)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's retirement as an employee of the Company Investors or any of its subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company Investors or any of its subsidiaries after the Closing Date.

Appears in 4 contracts

Samples: Subscription Agreement (Michael Foods Inc/New), Subscription Agreement (Michael Foods Inc/New), Senior Management (Michael Foods Inc/New)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company or any of its subsidiaries Subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the Company, 65 after at least three years of employment with the Company or any of its subsidiaries Subsidiaries after the Closing Vesting Reference Date.

Appears in 4 contracts

Samples: Management Unit Subscription Agreement (PGA Holdings, Inc.), Management Unit Grant Agreement (PGA Holdings, Inc.), Management Unit Subscription Agreement (PGA Holdings, Inc.)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company or any of its subsidiaries on or after reaching age 65, 65 or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three years employment with the Company or any of its subsidiaries after the Closing Date.

Appears in 3 contracts

Samples: Management Unit Subscription Agreement (Massachusetts Mentor, Inc.), Management Unit Subscription Agreement (Civitas Solutions, Inc.), Management Unit Subscription Agreement (National Mentor Holdings, Inc.)

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Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company or any of its subsidiaries Subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the Company, 65 after at least three years of employment with the Company or any of its subsidiaries Subsidiaries after the Closing Purchase Date.. 1.37

Appears in 2 contracts

Samples: Management Unit Subscription Agreement (PGA Holdings, Inc.), Management Unit Subscription Agreement (PGA Holdings, Inc.)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's ’s retirement as an employee of the Company or any of its subsidiaries Subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company or any of its subsidiaries Subsidiaries after the Closing Date.

Appears in 2 contracts

Samples: Management Unit Subscription Agreement (Transport Corporation of America Inc), Management Unit Subscription Agreement (Transport Corporation of America Inc)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's retirement as an employee of the Company Investors or any of its subsidiaries on or after reaching age 6563, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company Investors or any of its subsidiaries after the Closing Date.

Appears in 1 contract

Samples: Subscription Agreement (Michael Foods Inc/New)

Retirement. The term "Retirement" shall mean, with respect to the Executive, the Executive's retirement as an employee of the Company or any of its subsidiaries on or after reaching age 65, 65 or such earlier age as may be otherwise determined by the Board of Directors of the Company, after at least three years employment with the Company or any of its subsidiaries after the Closing Date. [NOTE TO DRAFT: NEED TO CONFIRM THAT ALL EXECUTIVES ARE UNDER THE AGE OF 62.]

Appears in 1 contract

Samples: Employment Agreement (Vestar Capital Partners Iv Lp)

Retirement. The term "Retirement" shall mean, with respect to the ---- ---------- ---------- Executive, the Executive's retirement as an employee of the Company Investors or any of its subsidiaries on or after reaching age 65, or such earlier age as may be otherwise determined by the Board of Directors of the CompanyBoard, after at least three years employment with the Company or any of its subsidiaries Investors after the Closing Date.

Appears in 1 contract

Samples: Management Stock Purchase And (M Foods Investors LLC)

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