Termination by Retirement. In the event the employment of the Optionee is terminated by reason of Retirement, the Optionee's Options shall continue to vest in accordance with the original schedule (just as if the Optionee had remained employed) and shall remain exercisable at any time prior to the expiration of the lesser of five years or the remaining Exercise Term of the Options. In the event of the Optionee's death after Retirement, the Options shall continue to vest and be exercisable in accordance with this subsection (c) as if the Optionee had lived and the Options shall be exercisable by the persons described in (a) above.
Termination by Retirement. In the event the employment of the Optionee is terminated by reason of Retirement, all outstanding unvested Options shall expire, and any Options vested as of Optionee’s date of Retirement shall remain exercisable at any time prior to the end of the Exercise Term, or for five (5) years after the date of termination, whichever period is shorter. In the event of the Optionee’s death after Retirement, the vested Options shall be exercisable in accordance with this subsection (c) and the Option shall be exercisable by the persons described in (a) above.
Termination by Retirement. If the Optionee’s employment by the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, but only if the Market-Vesting Condition has been satisfied, for a period of three (3) years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.
Termination by Retirement. Subject to Paragraph 3.2, below, Executive’s employment and the Company’s obligations under this Agreement shall terminate automatically, effective upon Executive’s retirement in accordance with the Company’s retirement plan or policy should a retirement plan or policy for senior executives of the Company be adopted.
Termination by Retirement. If, prior to the expiration of the Term, the Executive voluntarily elects to retire under the Salaried Employees’ Retirement Plan, Executive’s employment will be terminated as of the date of such retirement.
Termination by Retirement. In the event the employment of Optionee is terminated by reason of retirement, any Option granted to Optionee that has not been exercised prior to the date of termination of employment may be exercised by Optionee (or the heirs or legatees of Optionee, as applicable) at any time within twelve (12) months after such termination of employment, unless the Option, by its term, expires earlier. For the purpose of the Plan and this Agreement, the criteria for retirement are defined as an employee whose age in years on the date of retirement when added to the number of years of continuous service with the Company and its subsidiaries immediately preceding such date equals a number greater than fifty-one (51), provided the number of such years of service is not less than five (5). Exceptions to these criteria may be made by action of the Company's Board of Directors.
Termination by Retirement. If the Optionee’s service as a director of the Company terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee, to the extent the Option was exercisable at the time of such termination for a period of three (3) years from the date of such termination of service as a director or until the expiration of the Term of the Option, whichever period is the shorter.
Termination by Retirement. If the employment of the Grantee is terminated by reason of Retirement, the Option shall continue to be exercisable in accordance with the vesting schedule provided in Section 6(a) as if the Grantee’s employment had not terminated.
Termination by Retirement. In the event the employment of the Grantee is terminated by reason of Retirement, all outstanding unvested Options shall expire, and any SARs vested as of Grantee’s date of Retirement shall remain exercisable at any time prior to the end of the Exercise Term, or for five (5) years after the date of termination, whichever period is shorter. In the event of the Grantee’s death after Retirement, the vested SARs shall be exercisable in accordance with this subsection (c) and the SARs shall be exercisable by the persons described in (a) above.
Termination by Retirement. If Optionee's employment by HCA terminates by reason of Retirement, this Option may thereafter be exercised by the Optionee for a period of three years from the date of such termination of employment or until the expiration of the Term of the Option, whichever period is the shorter.
