Common use of Termination for Retirement Clause in Contracts

Termination for Retirement. If the Participant’s employment with the Company terminates due to Retirement, the Vested Portion of the SSARs shall remain exercisable until the Expiration Date; and

Appears in 3 contracts

Samples: Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp), Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp), Settled Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp)

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Termination for Retirement. If the Participant’s employment with the Company terminates due to Retirement, the Vested Portion of the SSARs (including the SSARs that may become vested after such termination in accordance with Section 3(b)) shall remain exercisable until the Expiration Date; and

Appears in 3 contracts

Samples: Settled Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp), Settled Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp), Stock Appreciation Rights Agreement (TRW Automotive Holdings Corp)

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