Early Retirement Date definition
Examples of Early Retirement Date in a sentence
A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply.
Payments shall commence as soon as administratively practicable following Employee's Early Retirement Date, and subsequent payments shall be made as soon as administrative practicable following each anniversary of Employee's Early Retirement Date (payments shall not, however, commence earlier than the date permitted by federal law).
The term "Early Retirement Date" shall mean: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires.
A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.
If the Director terminates service on or after the Early Retirement Date and before the Normal Retirement Age, and for reasons other than Change of Control, death or Disability, the Company shall pay to the Director the benefit described in this 4.2 in lieu of any other benefit under this Agreement.