Definition of Plan Retirement Date


Plan Retirement Date means April 1 immediately following the Participants attainment of age sixty-five.
Sample 1

Examples of Plan Retirement Date in a sentence

If the Corporation terminates the Executives employment prior to his Plan Retirement Date for Cause, the Executive shall not be entitled to any benefits under the terms of this Agreement.
The Executive shall receive his Normal Retirement Benefit on the first day of the month following the attainment of his Plan Retirement Date.
If the Participant voluntarily terminates his employment at any time prior to his Plan Retirement Date, then the Participant shall not be entitled to any benefits under the terms of this Agreement.
Under these agreements, all but one of the officers are each eligible to receive an annual benefit payable in fifteen installments each equal to $50,000 following the attainment of their Plan Retirement Date.
If the Corporation terminates the Executives employment prior to his Plan Retirement Date for Cause, the Executive Shall not be entitled to any benefits under the terms of this Agreement.