Examples of Retirement Benefit Freeze in a sentence
The Parties agree that a Retirement Benefit Freeze, as described in Section 2.1, shall not be deemed a reduction of rights requiring consent hereunder.
The executive shall not be entitled to the accelerated service completion set forth in this subsection following a Retirement Benefit Freeze, unless the effective date of such Retirement Benefit Freeze occurs within the two-year period immediately prior to announcement of the Change in Control and, in such event, the executive shall remain so entitled.
The Executive will remain entitled to receive his retirement benefit in accordance with Section 3.1 (and Executive will be deemed Vested), except that the Years of Service Reduction shall be calculated utilizing the years of service completed by Executive as of the Retirement Benefit Freeze date, and Earnings shall be calculated as of the Retirement Benefit Freeze date.
A Retirement Benefit Freeze will not impair Executive’s rights under Section 7 (Change in Control) and Section 9 (Severance), except as expressly set forth herein.
A Retirement Benefit Freeze will not impair Executive’s rights under Section 7 (Change in Control) except as expressly set forth herein.
A Retirement Benefit Freeze will not impair Executive’s rights under Section 7 (Change in Control), except as expressly set forth herein.
The Executive will remain entitled to receive, in accordance with Section 3.1, the balance of her SERP Account, determined as of the date of the Retirement Benefit Freeze, which shall continue to be credited with the addition of interest until the date the balance of her SERP Account has been completely distributed.
The Executive will remain entitled to receive, in accordance with Section 3.1, the balance of his Deferred Compensation Account , determined as of the date of the Retirement Benefit Freeze, which shall continue to be credited with the addition of interest until the date the balance of his Deferred Compensation Account has been completely distributed.
The Executive will remain entitled to receive, in accordance with Section 3.1, the balance of his SERP Account, determined as of the date of the Retirement Benefit Freeze, which shall continue to be credited with the addition of interest until the date the balance of his SERP Account has been completely distributed.
The Executive will remain entitled to receive his retirement benefit in accordance with Section 3.1 (so long as he has attained age 65 while still under the employment of the Company), except that the Years of Service Reduction shall be calculated utilizing the years of service completed by Executive as of the Retirement Benefit Freeze date, and Earnings shall be calculated as of the Retirement Benefit Freeze date.