Retirement Payment Date definition

Retirement Payment Date means the earlier of the applicable Vesting Date for such units or the date of your termination of employment with AEP and all Subsidiaries; provided, however, if you are a Key Employee as of the date of your termination of employment, the date that is six (6) months after the date of your termination of employment shall be substituted for the date of your termination of employment.
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Retirement Payment Date means the earlier of the Employee's death or June 30, 2001.
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Retirement Payment Date means the date specified in Section 6.1.
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Examples of Retirement Payment Date in a sentence

  • Such shares shall be delivered on or before March 15 of the calendar year following the calendar year during which the RSUs and Dividend Equivalents became vested; except that to the extent such shares are to be delivered in connection with your Retirement Payment Date, such shares shall be delivered within 60 days after your Retirement Payment Date.

  • Each RSU and Dividend Equivalent shall be converted into a single share of AEP Common Stock upon vesting or, if you satisfy the Retirement Eligibility Date conditions, your Retirement Payment Date.

  • As of your Retirement Eligibility Date, the RSUs, to the extent outstanding but not vested, shall vest; provided, however, such vested units shall not convert to AEP Common Stock nor be delivered until the applicable Retirement Payment Date.

  • The amount of such reduction shall be based upon the Fair Market Value of AEP Common Stock as of the applicable Vesting Date or Retirement Payment Date; provided, however, that any reduction to your vested RSUs for applicable tax withholding shall not exceed such limits as may be applicable to comply with the requirements of Code Section 409A.

  • If the Participant fails to make an election prior to his or her Supplemental Retirement Payment Date, payment shall be made to the Participant in the form of a single life annuity.

  • If a Participant dies prior to his or her Supplemental Retirement Payment Date and after he is vested in his or her Qualified Plan Retirement Benefit, then a Supplemental Surviving Spouse Benefit is payable to his or her Surviving Spouse, if any, as hereinafter provided.

  • If a Participant described in the preceding sentence dies prior to his or her Supplemental Retirement Payment Date, a Supplemental Surviving Spouse Benefit or a Supplemental Non-Spousal Benefit shall be payable if so provided by Article IV or V.

  • If the Participant dies prior to his or her Supplemental Retirement Payment Date, no Supplemental Retirement Benefit will be payable and the Supplemental Surviving Spouse Benefit, if any, or the Supplemental Non-Spousal Benefit, if any, shall be payable as set forth in Article IV or Article V, as applicable.

  • The then-existing value of the Supplemental Retirement Payment (whether such amount is higher or lower or the same than the original notional value) shall be distributed in a lump sum to Executive on the Supplemental Retirement Payment Date.

  • Such modification shall designate a Retirement Payment Date that is not less than five years from such Participant’s original Retirement Payment Date.

Related to Retirement Payment Date

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Redemption Payment Date As defined in Section 13.1.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.