Termination Prior to Retirement Sample Clauses

Termination Prior to Retirement. If the employment of the Employee shall terminate for any reason before his completion of ten (10) years of service with the Company and attainment of age Fifty-five (55), he and his beneficiaries shall be entitled to no benefits under this agreement, except that if such termination is by reason of the Employee’s death, this Article shall not apply and the provisions of Article II shall apply to said Employee.
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Termination Prior to Retirement. Upon the termination for any reason (other than disability) of a manager who does not have five years of TVA service, the balance of the manager's account, including accrued interest and return, shall be paid to the manager in a lump sum not later than the last day of the first full calendar month following the termination.
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Termination Prior to Retirement. (a) If the Executive's employment hereunder is terminated for any reason other than death and disability before the Executive shall have reached retirement, then the Executive shall receive the Account in 10 annual installments, said installments to be adjusted annually in accordance with paragraph 5(b). Notwithstanding the foregoing, if before reaching retirement the Executive should die, or if before reaching retirement the Executive should become disabled, then payments shall be made in the same manner and to the same extent as set forth in paragraph 5(e) and 5(f), respectively.
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Termination Prior to Retirement. (a) Upon the Executive's Termination of employment with the Company (other than Termination for Cause or a Termination specified in paragraph (b) below) prior to Normal Retirement or Early Retirement and when the Executive is Vested, he will receive benefits in accordance with Sections 2.1, 2.3 and 2.4 of this Agreement (using his Retirement Percentage and Final Average Earnings as of the date of Termination of employment), commencing on the last day of the calendar month following the month in which the Executive attains age 65.
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Termination Prior to Retirement. An employee who terminates from the employ of the Hospital for reasons other than retirement, under the Hospital’s retirement plan, will be required to use the account for reimbursement of qualified, post-tax medical expenses. Such an employee will not be eligible to participate in the group medical insurance program maintained by or on behalf of the Hospital.
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Termination Prior to Retirement 
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Related to Termination Prior to Retirement

  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • TERMINATION UPON RETIREMENT Termination of Executive’s employment based on “

  • Termination Due to Retirement Subject to Section 7 below, in the event of Termination due to Retirement, then (regardless of any subsequent death of the Employee) the Option will continue to vest pursuant to Section 3, and the last date on which the Option may be exercised is the day prior to the Expiration Date.

  • Termination of 401(k) Plan If requested by Acquiror in writing at least five business days before the Closing Date, the Company shall terminate any and all 401(k) plans sponsored or maintained by the Company or any of its Subsidiaries, and prior to the Closing Date shall provide evidence to Acquiror of such termination pursuant to resolutions of its Board of Directors.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Termination of Employment Change of Control (a) In the event of the Participant’s death prior to the termination of his Continuous Service, any unvested Stock Units shall immediately vest and the underlying Unit Shares shall be immediately delivered to the Participant’s beneficiary or beneficiaries.

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

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