Voluntary Retirement Sample Clauses

Voluntary Retirement. Notwithstanding anything in this Section 2 to the contrary, the Participant’s Units shall be fully vested if the Participant is eligible to resign from employment with the Company and have that resignation treated as a Voluntary Retirement (as that term is defined in the Xxxxxxx Information Services Corporation Executive Voluntary Retirement Plan, or “EVRP”), provided the Participant satisfies all of the requirements of the EVRP to receive benefits under that plan.
AutoNDA by SimpleDocs
Voluntary Retirement. The Trustee may, subject to clause 20.5, resign on giving to the Manager (with a copy to the Designated Rating Agency) not less than 3 months' notice in writing (or such other period as the Manager and the Trustee may agree) of its intention to do so.
Voluntary Retirement. The Corporation shall have no further obligation to the Executive under this Agreement. If the Executive elects Voluntary Retirement on or after the Early Retirement Date, the Corporation shall pay the Executive his Base Salary and any other accrued obligations through the Date of Termination.
Voluntary Retirement. At any time after the effective date of the Agreement, the Executive may terminate his employment by electing voluntary retirement ("Voluntary Retirement").
Voluntary Retirement. Upon Executive's voluntary retirement after age sixty-two years and six months (62-1/2) (i) during the Original Term of Employment pursuant to Paragraph 16(b), or (ii) after expiration of the Original Term of Employment if Executive's employment continues without written agreement, Executive shall receive the severance benefits described under Paragraph 5(c), i.e., as if the severance was a termination without cause by Employer plus an additional six months pay up to a maximum payment of twenty-four (24) months. In order to exercise his rights under this Subparagraph 5(f), Executive shall provide Employer at least six (6) months' prior written notice of his voluntary retirement. The amount due to Executive under this subparagraph 5(f) shall be paid in accordance with paragraph 5 (i). Executive has "voluntarily retired" if he has "separated from service" as defined in Section 409A and the Treasury Regulations.
Voluntary Retirement. Executive may voluntarily retire after age 62½ years or upon attaining 20 years of service as an officer of Employer, Executive shall receive the severance benefits described under Section 7(b), i.e., as if the severance was a termination without cause by Employer. In order to exercise his rights under this Section 7(d), Executive shall provide Employer at least six months' prior written notice of his voluntary retirement. The amount due to Executive under this Section 7(d) shall be paid in a lump sum within 30 days following Executive's termination of employment, subject to the provisions of Section 7(j).
Voluntary Retirement. The Trust Manager may, subject to clause 20.5, resign on giving to the Trustee (with a copy to the Designated Rating Agency) not less than 3 months' notice in writing (or such other period as the Trust Manager and the Trustee may agree) of its intention to do so.
AutoNDA by SimpleDocs
Voluntary Retirement. An employee who was removed from his/her Employer’s seniority list because of a total and permanent disability, and who received total and permanent disability benefits from Social Security and/or the Central Pennsylvania Teamsters Pension Fund, and who recovers within a period of three (3) years from the date of his/her disability as outlined above, and is physically and mentally qualified to perform work of his/her former position with his/her Employer, shall be returned to that position or in the classification of work he/she performed at the beginning of his/her disability and in the seniority he/she held at that time.
Voluntary Retirement. The Executive may terminate his employment hereunder at any time and for any reason other than Good Reason or Disability (or for no reason) by giving the Company a Notice of Termination. Such voluntary termination shall be a "Retirement" and such termination shall not be deemed a breach of this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.