Common use of Retirement Date Clause in Contracts

Retirement Date. The Executive is eligible to retire under this Agreement and receive a benefit under Section 3.1 beginning on his “Retirement Date” which is the later of: (a) the first day of the month following the month in which the Executive reaches age fifty-five (55) (which age is referred to as the “Retirement Age” herein), or (b) the first day of the month following the month in which the Executive terminates employment with the Company.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Tompkins Financial Corp), Supplemental Executive Retirement Agreement (Tompkins Financial Corp), Supplemental Executive Retirement Agreement (Tompkins Financial Corp)

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Retirement Date. The Executive is eligible to retire under this Agreement and receive a benefit under Section 3.1 beginning on his Retirement Date” Date which is the later of: (a) the first day of the month following the month in which the Executive becomes Vested and reaches age fifty-five (55) (which age is referred to as the “Retirement Age” herein), or (b) the first day of the month following the month in which the Executive terminates employment with the Company.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Tompkins Financial Corp), Supplemental Executive Retirement Agreement (Tompkins Financial Corp)

Retirement Date. The Executive is eligible to retire under this Agreement and receive a benefit under Section 3.1 beginning on his Retirement Date” Date which is the later of: (a) the first day of the month following the month in which the Executive reaches age fiftysixty-five (55) (which age is referred to as the “Retirement Age” herein65), or (b) the first day of the month following the month in which the Executive terminates employment with the Company.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Tompkins Financial Corp)

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Retirement Date. The Executive is eligible to retire under this Agreement and receive a benefit under Section 3.1 beginning on his “Retirement Date” which is the later of: (a) the first day of the month following the month in which the Executive becomes Vested and reaches age fifty-five (55) (which age is referred to as the “Retirement Age” herein), or (b) the first day of the month following the month in which the Executive terminates employment with the Company, so long as he is Vested on such date.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Tompkins Financial Corp)

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