Definition of Qualified Retirement Date


Qualified Retirement Date means the date as of which a Participant's employment with the Company or its Subsidiaries or Affiliates terminates pursuant to a Qualified Retirement.
Sample 1

Examples of Qualified Retirement Date in a sentence

For purposes of such Executive Compensation Programs, the Separation Date shall be your Qualified Retirement Date.
If Participant's employment terminates as a result of a Qualified Retirement (within the meaning of Section 4(b)(v) below) prior to the Specified Date, then on Participant's Qualified Retirement Date (within the meaning of Section 4(b)(vii) below) , fifty (50%) of each Award Installment shall vest and the remaining fifty percent (50%) of each Award Installment shall terminate automatically; B.
For purposes of this Paragraph 4(b), "Qualified Retirement Date" means the date as of which Participant's employment with the Company or its Subsidiaries or Affiliates terminates pursuant to a Qualified Retirement as defined in Paragraph 4(b)(v) of this Agreement.
If Participant's employment terminates as a result of a Qualified Retirement prior to the Specified Date, then on Participant's Qualified Retirement Date, fifty (50%) of each Award Installment shall vest and the remaining fifty percent (50%) of each Award Installment shall terminate automatically; B.