Common use of Retirement Clause in Contracts

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 28 contracts

Samples: Severance Compensation Agreement (O Charleys Inc), Severance Compensation Agreement (Structural Dynamics Research Corp /Oh/), Severance Compensation Agreement (Zymetx Inc)

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Retirement. The term "Retirement" as used in this Agreement shall mean termination of the Executive’s employment by the Company or the Executive of the Executive's employment based on the Executive's ’s having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Executive's consent with respect to Company and the Executive.

Appears in 21 contracts

Samples: Restrictive Covenant Agreement (Mimedx Group, Inc.), Restrictive Covenant Agreement (Matria Healthcare Inc), Severance Compensation (Matria Healthcare Inc)

Retirement. This Agreement shall terminate automatically on Retirement (as hereinafter defined) of Executive. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's ’s having reached age 65 75 or such other age as shall have been fixed in any arrangement established with the Executive's ’s consent with respect to the ExecutiveExecutive retirement.

Appears in 19 contracts

Samples: Change of Control Severance Compensation Agreement (First Foundation Inc.), Change in Control Severance Compensation Agreement (First Foundation Inc.), Change in Control Severance Compensation Agreement (First Foundation Inc.)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's Executive having reached attained the age of 65 or such other age as shall have been fixed in any arrangement established with the Executive's ’s consent with respect to the Executive.

Appears in 17 contracts

Samples: Executive Change of Control Agreement (Winnebago Industries Inc), Executive Change of Control Agreement (Winnebago Industries Inc), Executive Change of Control Agreement (Winnebago Industries Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment by the Company based on the Executive's having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Company and the Executive. Termination of Executive's consent with respect employment at a time when Executive is eligible to receive benefits under the ExecutiveCompany's Retirement Benefit Award or the Company's Protective Umbrella for Lifelong Security of Employees Program shall not constitute Retirement unless Executive shall have attained such age.

Appears in 15 contracts

Samples: Severance Compensation and Restrictive Covenant Agreement (Healthdyne Inc), Severance Compensation and Restrictive Covenant Agreement (Matria Healthcare Inc), Severance Compensation and Restrictive Covenant Agreement (Healthdyne Inc)

Retirement. The term For purposes of this Agreement, "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's termination of employment based on the Executive's having reached upon or after attaining age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive65.

Appears in 13 contracts

Samples: Executive Severance Agreement (Gte Florida Inc), Executive Severance Agreement (Gte Corp), Executive Severance Agreement (Gte California Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's Executive having reached age 65 or such other age as shall have been fixed in any written arrangement regarding the Executive’s retirement established with the Executive's ’s consent with respect to the Executive.

Appears in 9 contracts

Samples: Severance Compensation Agreement (MSC Software Corp), Severance Compensation Agreement (MSC Software Corp), Severance Compensation Agreement (MSC Software Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's Executive having reached attained the age of 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 8 contracts

Samples: Control Agreement (Winnebago Industries Inc), Change of Control Agreement (Winnebago Industries Inc), Control Agreement (Winnebago Industries Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached retired at or after age 65 or such other age as shall have been fixed in by any arrangement established with agreement between the Company and the Executive's consent with respect to , or by any generally applicable retirement policy of the ExecutiveCompany.

Appears in 6 contracts

Samples: Severance Compensation Agreement (Aquila Energy Corp), Severance Compensation Agreement (Aquila Energy Corp), Severance Compensation Agreement (Aquila Energy Corp)

Retirement. The For the purposes of this Agreement, the term "Retirement" as used in this Agreement shall mean termination of the Executive’s employment by the Company or by the Executive of the Executive's employment based on the Executive's Executive having reached age 65 sixty-five (65) or such other age as shall have been fixed in any arrangement established with the Executive's ’s consent with respect to the Executive.

Appears in 6 contracts

Samples: Severance Compensation Agreement (Newport Corp), Severance Compensation Agreement (Newport Corp), Severance Compensation Agreement (Newport Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination of Executive’s employment by the Company or the Executive of the Executive's employment based on the Executive's ’s having reached age 65 or such other attained a mandatory retirement age as shall have been fixed in any arrangement established with the Executive's consent with respect pursuant to the a written agreement between Company and Executive.

Appears in 5 contracts

Samples: Retention Agreement (American Software Inc), Retention Agreement (American Software Inc), Retention Agreement (American Software Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or a Subsidiary or the Executive of the Executive's employment based on the Executive's Executive having reached age 65 or such other age as without the Executive being entitled to the compensation provided in Section 4. Termination based on "Retirement" shall have been fixed in any arrangement established with not include, for purposes of this Agreement, the Executive's consent with respect to taking of early retirement by reason of a termination by the ExecutiveExecutive of his employment for Good Reason.

Appears in 4 contracts

Samples: Change in Control Agreement (Midas Group Inc), Change in Control Agreement (Whitman Corp), Change in Control Agreement (Hussmann International Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's Executive having reached attained the age of 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 3 contracts

Samples: Executive Change of Control Agreement (Winnebago Industries Inc), Executive Change of Control Agreement (Winnebago Industries Inc), Executive Change of Control Agreement (Winnebago Industries Inc)

Retirement. The term "Retirement" as used in this Agreement or "Retirement Age" shall mean termination by the Company or the Executive of the Executive's employment or of this Agreement based on the Executive's Executive having reached age 65 seventy (70) or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 2 contracts

Samples: Severance Compensation Agreement (Pacer Technology), Severance Compensation Agreement (Pacer Technology)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed stated in any arrangement established with written agreement between the Executive's consent with respect to Executive and the ExecutiveCompany.

Appears in 2 contracts

Samples: Severance Compensation Agreement (Bath National Corp), Severance Compensation Agreement (Bath National Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination of the Executive’s employment by the Company or the Executive of the Executive's employment based on the Executive's ’s having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Company and the Executive's consent with respect . Termination of Executive’s employment at a time when Executive is eligible to receive benefits under the ExecutiveCompany’s Retirement Benefit Award or the Company’s Protective Umbrella for Lifelong Security of Employees Program shall not constitute Retirement unless Executive shall have attained such age.

Appears in 2 contracts

Samples: Restrictive Covenant Agreement (Matria Healthcare Inc), Restrictive Covenant Agreement (Matria Healthcare Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment by the Company based on the Executive's having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Executive's consent with respect to Company and the Executive.

Appears in 2 contracts

Samples: Change in Control Severance Compensation and Restrictive Covenant Agreement (Xcarenet Inc), Change in Control Severance Compensation and Restrictive Covenant Agreement (Healthcare Com Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 70 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (Bell Industries Inc /New/)

Retirement. The term "Retirement" as used in this Agreement shall mean ---------- termination by the Company or a Subsidiary or the Executive of the Executive's employment based on the Executive's Executive having reached age 65 or such other age as without the Executive being entitled to the compensation provided in Section 4. Termination based on "Retirement" shall have been fixed in any arrangement established with not include, for purposes of this Agreement, the Executive's consent with respect to taking of early retirement by reason of a termination by the ExecutiveExecutive of his employment for Good Reason.

Appears in 1 contract

Samples: Change in Control Agreement (Midas Inc)

Retirement. The term For purposes of this Agreement, "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached after Executive has attained age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive65.

Appears in 1 contract

Samples: Employment Agreement (Elek Tek Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached retired pursuant to the then existing retirement plan of the Company or the Spin-Off Purchaser, as the case may be, at or after age 65 or such other age by any agreement between the Company or the Spin- Off Purchaser, as shall have been fixed in any arrangement established with the case may be, and the Executive's consent with respect to , or by any generally applicable retirement policy of the ExecutiveCompany or the Spin-Off Purchaser, as the case may be.

Appears in 1 contract

Samples: Severance Compensation Agreement (Utilicorp United Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination of the Executive’s employment by the Company or the Executive of the Executive's employment based on the Executive's ’s having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Company and the Executive's consent with respect . Termination of Executive’s employment at a time when Executive is eligible to receive benefits under the ExecutiveCompany’s Retirement Benefit Award or the Company’s Protective Umbrella for Lifelong Security of Employees Program shall not constitute Retirement unless Executive shall have attained such age.

Appears in 1 contract

Samples: Restrictive Covenant Agreement (Matria Healthcare Inc)

Retirement. The term "Retirement" as used in this Agreement shall ---------- mean termination by the Company (or the subsidiary which employs Executive, if applicable) or Executive of the Executive's employment based on the Executive's having reached age 65 sixty-five (65) or such other age as shall have been fixed in any arrangement established with the written agreement between Executive and Executive's consent with respect to the Executiveemployer entity.

Appears in 1 contract

Samples: Severance Compensation Agreement (Southwest Water Co)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached retired pursuant to the then existing retirement plan of the Company or the Spin-Off Purchaser, as the case may be, at or after age 65 or such other age by any agreement between the Company or the Spin-Off Purchaser, as shall have been fixed in any arrangement established with the case may be, and the Executive's consent with respect to , or by any generally applicable retirement policy of the ExecutiveCompany or the Spin-Off Purchaser, as the case may be.

Appears in 1 contract

Samples: Severance Compensation Agreement (Aquila Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 sixty-five (65) or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (Globe Business Resources Inc)

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Retirement. The term For purposes of this Agreement, "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on after the Executive's having reached Executive has attained age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive65.

Appears in 1 contract

Samples: Severance Compensation Agreement (Elek Tek Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company (or the subsidiary which employs Executive, if applicable) or Executive of the Executive's ’s employment based on the Executive's ’s having reached age 65 sixty-five (65) or such other age as shall have been fixed in any arrangement established with the written agreement between Executive and Executive's consent with respect to the Executive’s employer entity.

Appears in 1 contract

Samples: Severance Compensation Agreement (Southwest Water Co)

Retirement. The term For purposes of this Agreement only, "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established pursuant to this Agreement with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Control Severance Compensation Agreement (Transaction Systems Architects Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's Executive having reached age 65 or such other age as without the Executive being entitled to the compensation provided in Section 4. Termination based on “Retirement” shall have been fixed in any arrangement established with not include, for purposes of this Agreement, the Executive's consent with respect to ’s taking of early retirement by reason of a termination by the ExecutiveExecutive of his employment for Good Reason.

Appears in 1 contract

Samples: Change in Control Agreement (Midas Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's ’s having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's ’s consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (O Charleys Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment by the Company based on the Executive's having reached attained age 65 or such other retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Executive's consent with respect to Company and the Executive.

Appears in 1 contract

Samples: Non Competition Agreement (Healthdyne Technologies Inc)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established pursuant to this Agreement with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (DSC Communications Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean the termination by the Company or the Executive of the Executive's employment based on the Executive's having reached Executive reaching age 65 70 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.. 1.12

Appears in 1 contract

Samples: Severance Compensation Agreement (Fireplace Manufacturers Inc)

Retirement. The term "Retirement" as used in this Agreement shall ---------- mean termination by the Company WNB or the Executive of the Executive's employment with WNB based on the Executive's Executive having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's written consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (Wilber Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's upon Executive having reached the age 65 of 70 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive’s consent.

Appears in 1 contract

Samples: Severance Agreement (Bell Industries Inc /New/)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or a Subsidiary or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as 65. Termination based on "Retirement" shall have been fixed in any arrangement established with not include, for purposes of this Agreement, the Executive's consent with respect to taking of early retirement by reason of a termination by the Executive.Executive of his employment for Good Reason. (d)

Appears in 1 contract

Samples: Change in Control Agreement (Whitman Corp)

Retirement. The term "Retirement" as used in this Agreement shall ---------- mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (Newport Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean ---------- termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Appears in 1 contract

Samples: Severance Compensation Agreement (Newport Corp)

Retirement. The term "Retirement" as used in this Agreement shall mean termination by the Company or the Executive of the Executive's ’s employment based on the Executive's upon Executive having reached the age of 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive’s consent.

Appears in 1 contract

Samples: Severance Agreement (Bell Industries Inc /New/)

Retirement. The term "Retirement" Retirement as used in this Agreement shall mean termination by the Company or the Executive of the Executive's Executives employment based on the Executive's Executive having reached attained the age of 65 or such other age as shall have been fixed in any arrangement established with the Executive's Executives consent with respect to the Executive.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Winnebago Industries Inc)

Retirement. The term "Retirement" as used in this ---------- Agreement shall mean termination by the Company or the Executive of the Executive's employment by the Company based on the Executive's having reached attained age 65 or such other later retirement age as shall have been fixed in any arrangement established with pursuant to a written agreement between the Company and the Executive. Termination of Executive's consent with respect employment at a time when Executive is eligible to receive benefits under the ExecutiveCompany's Retirement Benefit Award or the Company's Protective Umbrella for Lifelong Security of Employees Program shall not constitute Retirement unless Executive shall have attained such age.

Appears in 1 contract

Samples: Change in Control Severance Compensation and Restrictive Covenant Agreement (Matria Healthcare Inc)

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