Common use of Termination Due to Retirement Clause in Contracts

Termination Due to Retirement. The Executive may terminate his employment hereunder on the basis of his Retirement upon sixty (60) days prior written notice to the Employers. If, during the Term of Employment, the Executive’s employment is so terminated due to Retirement, the Term of Employment shall thereupon end and the Executive shall, subject to Section 6.11 of this Agreement, only be entitled to:

Appears in 3 contracts

Samples: Employment Agreement (Enterprise Bancorp Inc /Ma/), Employment Agreement (Enterprise Bancorp Inc /Ma/), Employment Agreement (Enterprise Bancorp Inc /Ma/)

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Termination Due to Retirement. The Executive may terminate his the Executive's employment hereunder on the basis of his due to Retirement upon sixty thirty (6030) days prior written notice to the EmployersBank. If, during the Term of Employment, the Executive’s 's employment is so terminated due to Retirement, the Term of Employment shall thereupon end and the Executive shall, subject to Section Sections 2.2, 3.2, 6.9, 6.11 and 6.12 of this Agreement, only be entitled to:;

Appears in 2 contracts

Samples: Employment Agreement (Sis Bancorp Inc), Employment Agreement (Sis Bancorp Inc)

Termination Due to Retirement. The Executive may terminate his the Executive's employment hereunder on the basis of his due to Retirement upon sixty thirty (6030) days prior written notice to the EmployersCorporation. If, during the Term of Employment, the Executive’s 's employment is so terminated due to Retirement, the Term of Employment shall thereupon end and the Executive shall, subject to Section 6.11 Sections 2.2, 3.2, 6.11, and 6.12 of this Agreement, only be entitled to:

Appears in 2 contracts

Samples: Employment Agreement (Long Island Bancorp Inc), Employment Agreement (Long Island Bancorp Inc)

Termination Due to Retirement. The Executive may terminate his employment hereunder on with the basis of his Retirement upon sixty (60) days prior Company by retirement by giving written notice to the EmployersCompany any time after he is at least 55 years old and has five or more years of service with the Company. If, during In the Term of Employment, event the Executive’s employment by the Company is so terminated due to Retirementbecause of retirement, the Term of Employment Executive shall thereupon end and the Executive shall, subject to Section 6.11 of this Agreement, only be entitled to:

Appears in 2 contracts

Samples: Employment Agreement (Assured Guaranty LTD), Employment Agreement (Assured Guaranty LTD)

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Termination Due to Retirement. The Executive may terminate his the Executive's employment hereunder on the basis of his due to Retirement upon sixty thirty (6030) days prior written notice to the EmployersBank. If, during the Term of Employment, the Executive’s 's employment is so terminated due to Retirement, the Term of Employment shall thereupon end and the Executive shall, subject to Section 6.11 Sections 2.2, 3.2, 6.9, 6.11, and 6.12 of this Agreement, only be entitled to:

Appears in 2 contracts

Samples: Employment Agreement (Long Island Bancorp Inc), Employment Agreement (Long Island Bancorp Inc)

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