Termination due to Disability or Retirement. In the event of termination of Executive's employment by the Company due to Disability or a Termination due to Retirement, the Company shall pay Executive his Earned Salary and Vested Benefits, plus, in the event of termination due to Disability, to the Executive or his estate his Base Salary at the Termination Date on a monthly basis for 12 months following the month in which Executive's employment is terminated. In the event that Executive's employment with the Company is terminated due to Disability, Executive's benefits under this subsection (iii) shall be reduced by the amount of any Company sponsored (and paid for) disability benefits paid to Executive.
Termination due to Disability or Retirement. In the event of termination of Executive's employment by the Company due to Disability or a Termination due to Retirement, the Company shall pay Executive his Earned Salary and Vested Benefits as provided in Section 3(c), plus, in the event of termination due to Disability, to the Executive or his estate his Base Salary at the Termination Date on a monthly basis, the benefits provided in Section 4(a)(i) for 12 months and the Relocation Payment. In the event that Executive's employment with the Company is terminated due to Disability, Executive's entitlement to continuation of his Base Salary under this subsection (iii) shall be reduced by the amount of any Company sponsored (and paid for) disability benefits paid to Executive.
Termination due to Disability or Retirement. If the Optionee terminates employment from the Company and its Subsidiaries by reason of total and permanent disability (within the meaning of Code Section 22(e)(3)), or retirement on or after age 58, at a time when the Optionee could not have been terminated for cause (as defined below), the Optionee (or his legal representative) may exercise the Option until the first anniversary of the date of such termination.
Termination due to Disability or Retirement. In the event of termination of Executive's employment by the Company due to Disability or a Termination due to Retirement, the Company shall pay Executive his Earned Salary and Vested Benefits, plus, in the event of termination due to Disability, to the Executive or his estate his Base Salary at the Termination Date on a monthly basis for 12 months following the month in which Executive's employment is terminated. In addition, if Executive's employment is ter minated by reason of Disability, the Company shall continue to provide to Executive the welfare benefits (other than disability insurance) referred to in Section 4 during the term of his disability. In the event that Executive's employment with the Company is terminated due to Disability, Executive's benefits under this subsection (iii) shall be reduced by the amount of any Company sponsored (and paid for) disability benefits paid to Executive.
Termination due to Disability or Retirement. If the Optionee’s Business Relationship terminates by reason of the Optionee’s disability (as defined in Section 22(e) of the Code) or retirement, any portion of this Share Option outstanding and exercisable on such date may thereafter be exercised by the Optionee for a period of twelve (12) months from the date of termination or until the Expiration Date, if earlier.
Termination due to Disability or Retirement. If the Holder’s employment with the Company terminates prior to the Vesting Date by reason of the Holder’s Disability or Retirement, the Performance Period shall continue through the last day thereof and the Holder shall be entitled to a prorated Award based on the number of days served between the Grant Date and the Vesting Date and actual performance during the Performance Period. Such vested Award shall be paid to the Holder within 70 days after the end of the Performance Period; provided, however, that in the event a Change in Control occurs following the termination of the Holder’s employment due to Disability or Retirement, then the Holder shall be entitled to a prorated Award based on target performance and the number of days served between the Grant Date and the Vesting Date and the vested Award shall be settled within 70 days of such Change in Control.
Termination due to Disability or Retirement. If a Participant’s employment with the Company or a Participating Subsidiary terminates during a Purchase Period due to Disability or Retirement, no more than three months before the Purchase Date for the Purchase Period, at the Participant’s election, the balance in the Participant’s Account will be (i) distributed to the Participant, or (ii) held until the end of the Purchase Period and applied to purchase Shares in accordance with Article VI. Section 9.3(ii) shall apply in the event the Participant fails to make a timely election pursuant to rules established by the Committee.]
Termination due to Disability or Retirement. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service is terminated by the Company due to your Disability or you terminate your Service due to Retirement, in either case on or before the final Certification Date for this award, any remaining portions of the Performance Periods shall continue through the last day thereof, and you shall become vested as of each Certification Date in the total number of Performance Stock Units earned with respect to such Performance Period based on the actual performance during the Performance Period. For purposes of this Agreement, “Retirement” shall be defined as your retirement from employment or other service to the Company or any Subsidiary after you reach (1) age fifty-five (55), so long as you shall also have completed at least ten (10) years of
Termination due to Disability or Retirement. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service is terminated by the Company due to your Disability or you terminate your Service due to Retirement, in either case on or before the final Certification Date for this Award, any remaining portions of the Performance Periods shall continue through the last day thereof, and you shall become vested as of each Certification Date in the total number of Performance Stock Units earned with respect to such Performance Period based on the actual performance during the Performance Period. For purposes of this Agreement, “Retirement” shall be defined as your retirement from employment or other service to the Company or any Subsidiary after you reach (1) age fifty-five (55), so long as you shall also have completed at least ten (10) years of continuous service immediately prior to your retirement, or (2) age sixty-five (65), and “Disability” shall be defined as your permanent and total disability (within the meaning of Section 22(e)(3) of the Code); and “Service” shall be defined as your active, continuous full-time employment with the Company or any Subsidiary.
Termination due to Disability or Retirement. 6.4 (a) If, as a result of Employee's incapacity due to physical or mental illness, Employee shall have been unable for more than six (6) months to perform Employee's duties with the Company on a full time basis and within thirty (30) days after written notice of termination is given Employee shall not have returned to the full time performance of Contractor's duties, the Company may terminate this Agreement for "
