Termination for Retirement or Death. If Executive’s employment is terminated by reason of his retirement or death following a Change in Control, Executive’s benefits shall be determined in accordance with Company’s retirement, survivor’s benefits, insurance, and other applicable programs then in effect, and Executive shall not be entitled to any other benefits provided by this Agreement.
Termination for Retirement or Death. Following a CIC of the Company, if the Executive’s employment is terminated by reason of his death or voluntary Retirement other than for Good Reason, no compensation or benefits shall be payable under this Agreement and the Executive’s benefits shall instead be determined in accordance with the Company’s retirement and other applicable compensation and benefits plans and programs then in effect.
Termination for Retirement or Death. Following a Change in Control Event, if the Executive’s employment with the Company or the Bank is terminated by reason of his retirement (as defined under the then established rules of the Company’s tax-qualified retirement plan), or death, the Executive (or his Beneficiary) shall receive his Base Salary and accrued vacation through the Effective Date of Termination, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company and the Bank, at the time such payments are due, and otherwise the Executive’s benefits shall be determined in accordance with the Company’s and the Bank’s retirement, survivor’s benefits, insurance, and other applicable programs then in effect.
Termination for Retirement or Death. If the Executive's employment is terminated by reason of his or her Retirement or death, the Executive shall not be entitled to the Severance Benefits described in Section 4.3. The terms and conditions of the Executive's employment rights under those circumstances are to be determined without regard to this Agreement.
Termination for Retirement or Death. Following a Change in Control, if the Executive's employment with the Company is terminated by reason of his normal retirement (as defined under the then established rules of the Company's tax-qualified retirement plan), or death, the Executive's benefits shall be determined in accordance with the Company's retirement, survivor's benefits, insurance, and other applicable programs then in effect.
Termination for Retirement or Death. Termination of the Executive’s employment due to death or retirement is not a Qualifying Termination. However, if immediately prior to the Executive’s retirement (but not death), the Executive would have experienced a Qualifying Termination if he or she had terminated at that time, then upon his or her retirement he or she shall (subject to Section 4.3(c)) be entitled to the benefits provided by this Agreement for a Qualifying Termination.
Termination for Retirement or Death. Following a Change in Control, if the Executive’s employment with the Company is terminated by reason of his/her death or retirement, the Executive’s benefits shall be determined in accordance with the Company’s retirement, survivor’s benefits, insurance, and other applicable programs then in effect. The Company shall pay the Executive (or his/her estate) his/her full accrued Base Salary at the rate then in effect, accrued vacation or paid time off, and other items earned by and owed to the Executive through the Effective Date of Termination, plus all other amounts to which the Executive is entitled as of such date under any compensation plans of the Company at the time such payments are due, and the Company shall have no further obligations to the Executive (or his/her estate) under this Agreement.
Termination for Retirement or Death. If the Officer’s employment with the Employer is terminated by reason of his or her Retirement or death, the Officer’s benefits shall be determined in accordance with the Employer’s retirement and SERP plans, survivor’s benefits, insurance, and other applicable programs then in effect.
Termination for Retirement or Death. Following a Change in ----------------------------------- Control, if the Executive's employment is terminated by reason of his Retirement or death, the Executive shall receive his Base Salary through the Effective Date of Termination, at which point in time the Executive's benefits shall be determined in accordance with the Company's retirement, survivor's benefits, insurance, and other applicable plans and programs of the Company then in effect.
Termination for Retirement or Death. Following a Change in Control of the Company, if the Executive's employment is terminated by reason of his retirement or death, the Company shall pay the Executive his full Base Salary and accrued vacation through the date of the Executive's death or retirement, as applicable, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and, following the date of the Executive's death or retirement, as applicable, the Executive's benefits shall be determined in accordance with the Company's retirement, survivor's benefits, insurance, and other applicable plans and programs then in effect and the Company shall have no further obligations to the Executive under this Agreement; provided, however, that if immediately prior to the Executive's retirement (but not death), the Executive would have been entitled to invoke any of the clauses of Section 2.3(a) of this Agreement if he had terminated at that time, then upon his retirement he shall (subject to Section 2.3(c)) be entitled to collect immediately his full Severance Benefits hereunder.
