Retirement, Disability or Death Sample Clauses

Retirement, Disability or Death. If your employment terminates because of your Retirement or Disability (as those terms are defined in the Plan) or your death, then you (or your estate) will have five years from your termination date to exercise your option, unless the option term ends earlier, in which case you (or your estate) will have until the end of the term to exercise. In addition, if your employment terminates because of your Retirement or Disability and you die within the five-year exercise period, your estate will have at least one year after your death to exercise, unless the option term ends earlier, in which case your estate will have until the end of the term to exercise.
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Retirement, Disability or Death. 1. The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s Retirement, Disability or Death; provided, however, that if Executive retires under circumstances that would constitute “Good Reason”, Executive shall be deemed to have terminated for “Good Reason” and be entitled to the applicable rights and benefits provided in this agreement.
Retirement, Disability or Death. 24 Those nurses hired before August 1, 1999 who at the time of retirement, are 25 fully qualified to receive Oregon Public Employees Retirement System 26 (PERS) benefits shall have the option to receive payment of up to three- 27 fourths (3/4) of their accumulated sick leave in cash, and their remaining 28 accumulated sick leave shall be used to calculate their final average salary 29 for retirement benefits by PERS in accordance with the provisions of any 30 applicable statues. 32 Nurses hired on or after August 1, 1999 shall have the option to receive 33 payment of up to one-half (½) of their accumulated sick leave in cash, and 34 their remaining accumulated sick leave shall be used to calculate their final 1 average salary for retirement benefits by PERS in accordance with the 2 provisions of any applicable statues. 4 In case of an employee's death or permanent disability, the nurse or their 5 designated beneficiary shall receive full payment for all accrued sick leave.
Retirement, Disability or Death. If your employment with PolyOne or a Subsidiary terminates before the expiration of the SARs due to (1) retirement at age 55 or older with at least 10 years of service or retirement under other circumstances entitling you to receive benefits under one of PolyOne’s (including its predecessors) defined benefit pension plans, (2) permanent and total disability (as defined under the relevant disability plan or program of PolyOne or a Subsidiary in which you then participate) or (3) death, then:
Retirement, Disability or Death. Subject to Section 6 of this Schedule C, if your employment with Avient or a Subsidiary terminates prior to the Payment Date due to (a) retirement at age 55 or older with at least 10 years of service, (b) retirement at age 58 or older with at least 5 years of service, (c) permanent and total disability (as defined under the relevant disability plan or program of Avient or a Subsidiary in which you then participate), or (d) death, Avient shall pay to you or your executor or administrator, as the case may be, on the Payment Date, the sum of:
Retirement, Disability or Death. If Grantee’s employment is terminated with the Company on account of Retirement, Disability (as defined in the Plan) or death, the Restricted Shares shall be 100% vested on the date of Grantee’s Retirement, Disability or death.
Retirement, Disability or Death. If the Participant’s service as a director of the Company terminates as the result of the Participant’s Retirement from service as a director; or as a result of the Disability of the Participant as defined in the Plan; or upon the death of the Participant, the Option shall become immediately and fully exercisable, except as may be otherwise provided in Section 10 of this Agreement. The Participant (or a deceased Participant’s legal representative or beneficiary) may exercise the Option at any time within three years after such Retirement, Disability, or death. Retirement means the Participant’s termination of service as a director that occurs after the completion of three (3) years of service (whether before or after the Grant Date), provided that any interval of less than one (1) year extending from the date of one annual meeting of stockholders of the Company to the date of the next such meeting shall qualify as one year for this purpose.
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Retirement, Disability or Death. If the employment of the Participant is terminated as the result of the Participant’s Retirement from the Company when the Participant is eligible for an immediate benefit under a Company sponsored defined benefit retirement plan and the Participant’s age plus years of service on the date of retirement are equal to at least eighty (80); or as a result of the Disability of the Participant as defined in the Plan; or upon the death of the Participant, the Option shall become immediately and fully exercisable. The Participant (or a deceased Participant’s legal representative or beneficiary) may exercise the Option at any time within three years after such retirement, Disability, or death.
Retirement, Disability or Death. If the Employee's employment is terminated due to retirement or disability, or in the event of the Employee's death while still employed, no severance benefits under this Agreement shall be paid, regardless of any occurrence of a Change of Control. If, in the judgment of the Board, the Employee shall become physically or mentally incapacitated and as a result thereof shall become unable to continue the proper performance of the Employee's duties (reasonable absences because of such incapacity for up to one hundred and eighty (180) consecutive days excepted), or if the Employee retires or is deceased while employed by the Company, this Agreement shall thereupon cease and terminate.
Retirement, Disability or Death. If the Employee's employment by the Company or an Affiliate terminates by reason of (i) retirement on or after age 65, (ii) a total physical disability which, in the judgment of the Chairman, prevents the Employee from performing such Employee's employment duties for a continuous period of at least six months ("Disability") or (iii) death prior to termination of restrictions on all the Award Shares in accordance with subsection (a) above, the restrictions shall terminate upon the Employee's termination of employment.
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