Retirement of Executive. If the Employment Term extends beyond the third anniversary of the Effective Date, then, after the third anniversary of the Effective Date, in the event the Executive is fifty‑five (55) years or older and the Executive’s employment is terminated by the Executive during the Employment Term under Section 5.1 or by either party under Section 5.2 of this Agreement, the Executive will be (a) eligible for continued post‑retirement vesting of the unvested awards granted to the Executive under the Company’s equity compensation plans which remain outstanding and unvested at the Termination Date after the application of applicable provisions of this Agreement, and (b) eligible for accelerated vesting of unvested matching contributions under the 401(k) Make‑Up Plan. The vesting under clauses (a) and (b) of this Section 5.5 will be in accordance with the retirement matrix (the “Retirement Matrix”) attached to this Agreement. The right to accelerated or continued vesting is subject to satisfaction of the Release Requirements and the Executive’s obligations to comply with all post‑employment obligations under this Agreement.
Retirement of Executive. Any options held by Executive will become fully vested at the time that Executive terminates employment due to his retirement. Retirement is defined as the voluntary termination of employment by the Executive as a result of the Executive having reached the retirement age as established by the Corporation or age 65, whichever occurs first or, subsequent to thereto, voluntarily terminates his employment.
Retirement of Executive. Effective upon the date of the appointment of his successor as Chief Financial Officer of the Company (or on such other date as to which the Company and Executive shall mutually agree, but at Executive's option not later than October 31, 2000), Executive shall retire from the Company and also shall, as of such date, resign all offices held by him in the Company or in any
Retirement of Executive. If the employment of the Executive ------------------------- terminates by reason of retirement entitling the Executive to benefits under the provisions of any retirement plan of the Company or a subsidiary in which the Executive participates (or, if no such plans exist, at or after age sixty-five (65)), the Award may be exercised by the Executive (to the extent that he was entitled to do so at the time of his retirement) at any time within ninety (90) days after the date on which his employment terminated, but not beyond the original Term of the Award.
Retirement of Executive. Following Age 65 ----------------------------------------
Retirement of Executive. (a) Executive hereby resigns his employment with the Corporation, his position as an officer and director of the Corporation and any and all positions he holds with the Corporation, its subsidiary companies, or any of its other affiliates, effective as of the Retirement Date. From and after the Retirement Date, Executive shall not make any statements or engage in conduct which would lead any person or entity to believe that he is an employee, officer, director, consultant (except as set forth in Section 11 hereof), agent or other authorized representative of the Corporation or any of its subsidiaries.
Retirement of Executive
