Retirement at Normal Retirement Age definition

Retirement at Normal Retirement Age means retirement at age 65 or later.
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Retirement at Normal Retirement Age means the Purchaser's retirement from employment with Worldwide or the Subsidiary thereof that employs the Purchaser at age 65 or later.
Sample 1
Retirement at Normal Retirement Age means the Purchaser's voluntary termination of employment from, or provision of services to, the
Sample 1

Examples of Retirement at Normal Retirement Age in a sentence

  • If the Grantee’s Active Employment (as defined below) is voluntarily or involuntarily terminated for any reason whatsoever prior to the Normal Termination Date, other than by reason of Retirement at Normal Retirement Age, death or Permanent Disability, any portion of the SAR that has not become exercisable on or before the effective date of such termination of employment shall terminate on such effective date.

  • If the Grantee’s Active Employment (as defined below) is voluntarily or involuntarily terminated for any reason whatsoever prior to the Normal Termination Date, other than by reason of Early Retirement, Retirement at Normal Retirement Age, death, or Permanent Disability, any portion of the SAR that has not become exercisable on or before the effective date of such termination of employment shall terminate on such effective date.

  • Any Participant whose service as a Director is terminated other than for Cause within one (1) year after a Change in Control shall be deemed to have experienced a Retirement at Normal Retirement Age with an aggregate number of Years of Service equal to the Participant’s actual Years of Service plus ten (10).

  • Notwithstanding the foregoing, the SARs shall be 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age, death or Permanent Disability (as defined below).

  • Notwithstanding the foregoing, the RSUs shall be (i) 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age (as defined in Section 4), death, or Permanent Disability and (ii) vested on a pro rata basis upon the Grantee’s Early Retirement (as defined in Section 4).

  • Notwithstanding the foregoing, the RSUs shall be 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age (as defined in Section 4), death or Permanent Disability (as defined in Section 4).

  • Notwithstanding the foregoing, the SARs shall be (i) 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age, death, or Permanent Disability and (ii) vested on a pro-rata basis upon the Grantee’s Early Retirement (as defined below).

  • Page - 14 RULE 9 -- RETIREMENT BENEFITS 9.1 Pension on Retirement at Normal Retirement Age The amount of annual Pension payable in respect of a Member who retires at normal Retirement Age shall be: 9.1.1 Members Appointed as Executives prior to 30.6.1991 2% of Final.

  • Any such payment made to a Grantee whose employment is terminated due to death, Permanent Disability, Retirement at Normal Retirement Age or Early Retirement prior to the date the Committee has certified achievement of the Performance Goals following the Award Period shall be made after the date the Committee has certified achievement of the Performance Goals following the end of such Award Period.

  • If the Grantee's Active Employment (as defined below) is voluntarily or involuntarily terminated for any reason whatsoever prior to the Normal Termination Date, other than by reason of Retirement at Normal Retirement Age, death or Permanent Disability, any portion of the SAR that has not become exercisable on or before the effective date of such termination of employment shall terminate on such effective date.


More Definitions of Retirement at Normal Retirement Age

Retirement at Normal Retirement Age means the Purchaser's voluntary termination of employment from, or provision of services to, the Company or other member of the MGI/CERA Group that employs the Purchaser or has engaged the Purchaser to perform services, as applicable, at age 60 or later.
Sample 1
Retirement at Normal Retirement Age means retirement at or after normal retirement age under the terms of any retirement plan sponsored by the Company or any of its subsidiaries, whichever employs the Grantee.
Sample 1
Retirement at Normal Retirement Age means the Grantee's voluntary termination of employment from, or provision of services to, the Company or other member of the MGI/CERA Group that employs the Grantee or has engaged the Grantee to perform services, as applicable, at age 60 or later.
Sample 1

Related to Retirement at Normal Retirement Age

  • Normal Retirement Age means the Executive's 65th birthday.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Retirement Age means the earlier to occur of:

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Disability retirement for plan 1 members, means the period

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Termination Benefit means the benefit set forth in Article 7.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.