ROLLOUT DATE Clause Samples

ROLLOUT DATE. This Agreement shall remain in effect from and after the Commencement Date until it terminates upon the earliest of the following events to occur (each a "Rollout Date"): (a) The later of (i) the fifteenth anniversary of the Participant's Commencement Date, or (ii) Participant's attainment of age sixty (60); (b) The Participant's termination of employment from the Company other than on account of (i) Retirement, (ii) becoming Permanently Disabled, (iii) Good Reason or (iv) a job elimination; (c) The termination of the Participant's employment by the Company for Cause; (d) The Participant engaging in a Competitive Activity during the one-year period following his or her termination of employment; (e) The termination of the Plan; (f) Prior to a Change in Control, the date the Company, in its sole discretion, voluntarily elects to terminate this Agreement; or (g) The death of the Participant.