Effective date of retirement means one of the following:
Effective date of retirement means the first day of the month following the month in which the member met all requirements for retirement;
Effective date of retirement means the date of retirement of the employee as defined under the state of Florida retirement system of which the employee is a member. For FRS Investment Plan and ORP participants, effective date of retirement is defined as the day following the date of separation from the college.
Examples of Effective date of retirement in a sentence
Effective date of retirement in order to receive this award must be at the beginning or end of a semester, in no case during a semester.
Effective date of retirement occurred no earlier than October 1, 1980; X.
Employees may request to work half -time for up to two years before the Effective date of retirement.
More Definitions of Effective date of retirement
Effective date of retirement. The date the participant retires in accordance with the applicable pension plans; however, if the date of retirement with a pension is later, the later date constitutes the effective date of retirement. The term “retirement” also includes phased retirement. In the case of a participant who retires because he or she is unable to carry out his or her duties due to disability, the effective date of retirement is the earliest of the following dates: − The date of retirement with a pension; − The date of the participant's 65th birthday.
Effective date of retirement means the first (1st) day of the month following an employee’s last contracted day of work as a tenured faculty member.
Effective date of retirement means the date that is at least six (6) months following your delivery of written notice to the Company notifying the Company of the effective date of your Retirement; (c) “Restrictive Covenant Agreement” shall mean the agreement in the form attached as Appendix I hereto; and (d) “Restricted Period” shall have the same meaning assigned to such term in the Restrictive Covenant Agreement.
Effective date of retirement means the first
Effective date of retirement means the first day of the month in which benefit payments begin to accrue pursuant to s. 121.091.
Effective date of retirement means the date that is at least six (6) months following your delivery of written notice to the Company notifying the Company of the effective date of your Retirement. Forfeiture of Unvested Except as provided in this Agreement, the Plan, or any severance plan adopted by the Company in which you are eligible to participate, in the event that your employment or service terminates for any reason other Performance Shares than your death, Disability, or Retirement, you will forfeit to the Company all unvested Performance Shares. For the avoidance of doubt, in connection with a termination for “Cause” you will forfeit all outstanding Performance Shares to the Company for no consideration.For purposes of this Agreement, the term “Cause” shall have the meaning assigned to such term in any applicable Company severance plan in which you are an eligible employee, or in the absence of such severance plan, then it shall have the meaning assigned to such term in the Plan.
Effective date of retirement means the date that is at least six (6) months following your delivery of written notice to the Company notifying the Company of the effective date of your Retirement. Forfeiture of Unvested PSUs Except as provided in this Agreement, the Plan, or any severance plan adopted by the Company in which you are eligible to participate, in the event that your employment or service terminates for any reason other than your death, Disability, or Retirement, you will forfeit to the Company all unvested PSUs. For the avoidance of doubt, in connection with a termination for “Cause” you will forfeit all then-outstanding PSUs to the Company for no consideration.For purposes of this Agreement, the term “Cause” shall have the meaning assigned to such term in any applicable Company severance plan in which you are an eligible employee, or in the absence of such severance plan, then it shall have the meaning assigned to such term in the Plan. Recoupment Policy The PSUs granted pursuant to this Agreement and the Shares delivered to you pursuant to this Agreement shall be subject to any clawback policy maintained by the Company or any Affiliate from time to time as necessary to comply with applicable law or exchange listing requirements. Withholding Taxes You agree, as a condition of this Grant, that you will make acceptable arrangements to pay any withholding or other taxes that may be due as a result of the issuance of Shares under this Grant. In the event that the Company determines that any federal, state, local or foreign tax or withholding payment is required relating to the issuance of Shares arising from this grant, the Company shall have the right to: (i) require you to make a cash payment to the Company, (ii) withhold such amounts from other payments due to you from the Company or any Affiliate, or (iii) withhold a number of Shares otherwise issuable to you having an aggregate Fair Market Value equal to the amount of the withholding or other taxes due. Retention Rights This Agreement does not give you the right to be retained by the Company (or any parent, Subsidiaries or Affiliates) in any capacity. Furthermore, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate your employment or service with the Company at any time, with or without Cause.