Common use of Retirement Clause in Contracts

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.

Appears in 18 contracts

Samples: Key Executive Employment and Severance Agreement (Pentair Inc), Key Executive Employment and Severance Agreement (Pentair Inc), Key Executive Employment and Severance Agreement (Regal Beloit Corp)

AutoNDA by SimpleDocs

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the Employer, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a).

Appears in 12 contracts

Samples: Key Executive Employment and Severance Agreement (Hein Werner Corp), Key Executive Employment and Severance Agreement (Wicor Inc), Key Executive Employment and Severance Agreement (Wisconsin Gas Co)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that that, if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof.

Appears in 11 contracts

Samples: Key Executive Employment and Severance Agreement (Bucyrus International Inc), Key Executive Employment and Severance Agreement (Bucyrus International Inc), Key Executive Employment and Severance Agreement (Bucyrus International Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89.

Appears in 11 contracts

Samples: Key Executive Employment and Severance Agreement (PENTAIR PLC), Key Executive Employment and Severance Agreement (PENTAIR PLC), Change in Control Employment and Severance Agreement (Mayville Engineering Company, Inc.)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a) hereof.

Appears in 9 contracts

Samples: Employment and Severance Agreement (Wisconsin Public Service Corp), And Severance Agreement (Wisconsin Public Service Corp), Employment and Severance Agreement (Wisconsin Public Service Corp)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the EmployerCompany, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a).

Appears in 9 contracts

Samples: Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Corp)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the Employer, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a).

Appears in 7 contracts

Samples: Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company Employer other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.

Appears in 6 contracts

Samples: Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc), Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc), Key Executive Employment and Severance Agreement (Anchor Bancorp Wisconsin Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.

Appears in 6 contracts

Samples: Key Executive Employment and Severance Agreement (Regal Beloit Corp), Key Executive Employment and Severance Agreement (Regal Beloit Corp), Key Executive Employment and Severance Agreement (Pentair Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, provided that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment and the Prorated Bonus pursuant to Section 8.

Appears in 5 contracts

Samples: Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof.

Appears in 5 contracts

Samples: Key Executive Employment and Severance Agreement (Schultz Sav O Stores Inc), Key Executive Employment and Severance Agreement (Fresh Brands Inc), Key Executive Employment and Severance Agreement (Schultz Holding Co Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8Subsection 8(a) hereof.

Appears in 4 contracts

Samples: Employment and Severance Agreement (Mgic Investment Corp), Key Executive Employment and Severance Agreement (Wisconsin Power & Light Co), Key Executive Employment and Severance Agreement (Wisconsin Power & Light Co)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a) hereof.

Appears in 3 contracts

Samples: And Severance Agreement (Integrys Energy Group, Inc.), And Severance Agreement (Integrys Energy Group, Inc.), And Severance Agreement (Integrys Energy Group, Inc.)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8Subsection 9(a) hereof.

Appears in 3 contracts

Samples: Incorporated Terms (Mgic Investment Corp), Incorporated Terms (Mgic Investment Corp), Incorporated Terms (Mgic Investment Corp)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or a Discretionary Termination or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Northland Cranberries Inc /Wi/), Key Executive Employment and Severance Agreement (Northland Cranberries Inc /Wi/)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that that, if the Executive’s employment is terminated by the Executive for Good Reason or a Discretionary Termination or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Bucyrus International Inc), Key Executive Employment and Severance Agreement (Bucyrus International Inc)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the EmployerCompany, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 87(c).

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Truck Corp)

AutoNDA by SimpleDocs

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the EmployerCompany, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a).

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Oshkosh Truck Corp)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or a Discretionary Termination or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof."

Appears in 1 contract

Samples: Employment and Severance Agreement (Schultz Sav O Stores Inc)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason Reason, disability or a Discretionary Termination or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 89(b) hereof.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Fresh Brands Inc)

Retirement. If, during the Employment Period, the ---------- Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a) hereof.

Appears in 1 contract

Samples: Employment and Severance Agreement (WPS Resources Corp)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; providedPROVIDED, that THAT if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a) hereof.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Giddings & Lewis Inc /Wi/)

Retirement. If, during the Employment Period, the Executive and ---------- the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.. ---------

Appears in 1 contract

Samples: Employment and Severance Agreement (Fiserv Inc)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.9. ​ ​ ​

Appears in 1 contract

Samples: Change in Control Employment and Severance Agreement (Mayville Engineering Company, Inc.)

Retirement. If, during the Employment Period, the Executive and the Employer shall execute an agreement providing for the early retirement of the Executive from the Employer, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the Employer, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s 's employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.. ---------

Appears in 1 contract

Samples: Key Executive (Fiserv Inc)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he is voluntarily choosing to retire early from the EmployerCompany, the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, the Executive shall also be entitled to receive a Termination Payment pursuant to Section 88(a) hereof.

Appears in 1 contract

Samples: And Severance Agreement (Integrys Energy Group, Inc.)

Retirement. If, during the Employment Period, the Executive and the Employer Company shall execute an agreement providing for the early retirement of the Executive from the EmployerCompany, or the Executive shall otherwise give notice that he the Executive is voluntarily choosing to retire early from the EmployerCompany, then the Executive shall receive Accrued Benefits through the Termination Date; provided, that if the Executive’s employment is terminated by the Executive for Good Reason or by the Company other than by reason of death, disability or Cause and the Executive also, in connection with such termination, elects voluntary early retirement, then the Executive shall also be entitled to receive a Termination Payment pursuant to Section 8.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Midwest Air Group Inc)

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