Retirement definition

Retirement means Normal or Early Retirement.

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Retirement shall be deemed the reason for the termination by the Executive of the Executive's employment if such employment is terminated in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees.

Retirement means voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

Examples of Retirement in a sentence

The Company is not a party to an “employee benefit plan,” as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), which: (i) is subject to any provision of ERISA and (ii) is or was at any time maintained, administered or contributed to by the Company or any of its ERISA Affiliates (as defined hereafter).
INITIALS INITIALS I am a benefit plan investor within the meaning of Section 3(42) of the Employee Retirement Income Security Act of 1974 (“ERISA”).7 (Initial ONLY if applicable) INITIALS INITIALS I declare that the information supplied in this Subscription Agreement (including, without limitation, Appendices) is true and correct and may be relied upon by PIMCO Asset-Based Lending Company LLC.
Any of the Executive’s Company stock options (“Stock Options”) that have not vested as of the Retirement Date shall automatically vest upon the Retirement Date.
In addition, the award agreements for all of the Executive’s outstanding Stock Options, whether vested or unvested as of immediately prior to the Retirement Date, are hereby amended to extend the expiration of the Stock Options so that the Stock Options will remain exercisable throughout the entire Stock Options’ original ten-year term.
For a period of one (1) year after the Retirement Date, the Executive shall not directly or indirectly: (i) solicit or assist any third party in employing or attempting to employ any employee of the Bank or any affiliate; or (ii) interfere with the relationship between the Bank or any affiliate and their respective employees.

More Definitions of Retirement

Retirement means the termination of the Participant's employment (either by the Company or an Affiliate, or the Participant), if, at the time of such termination, the Participant is at least age 55 and has completed 10 years of service with the Company or an Affiliate, or the Participant is age 65 or older.

Retirement means termination of Executive’s employment on or after age 65 and in accordance with a retirement policy established by the Board with Executive’s consent with respect to him. Upon termination of Executive based on Retirement, no amounts or benefits shall be due Executive under this Agreement, and Executive shall be entitled to all benefits under any retirement plan of the Bank and other plans to which Executive is a party.

Retirement as used in this Agreement shall mean termination by the Company or the Executive of the Executive's employment based on the Executive's having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive's consent with respect to the Executive.

Retirement means termination in accordance with the Company's retirement policy, if any, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with the Executive's consent with respect to the Executive.

Retirement means an Employee's retirement from the employ of the Company on or after the date on which the Employee attains the age of 65 years; and

Retirement means a Grantee’s retirement pursuant to Applicable Law or in accordance with the terms of any tax-qualified retirement plan maintained by the Company or any of its Affiliates in which the Grantee participates or is subject to.

Retirement means the Executive’s termination or resignation of employment for any reason (other than by the Company for Cause or by reason of the Executive’s death) following the date the Executive attains age 62.