Common use of Benefit Upon Normal (or Early) Retirement Clause in Contracts

Benefit Upon Normal (or Early) Retirement. Every Participant who has reached Normal (or Early) Retirement Age will be entitled upon subsequent Termination of Employment with the Employer to receive his or her Vested Aggregate Account balance determined as of the most recent Valuation Date coinciding with or immediately preceding the date of distribution. Distribution will be made under Section 5.1.

Appears in 2 contracts

Samples: Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), Littelfuse Inc /De

AutoNDA by SimpleDocs

Benefit Upon Normal (or Early) Retirement. Every Participant who has reached Normal Retirement Age (or Early) Retirement Age Age) and who does not remain employed by the Employer will be entitled upon subsequent Termination termination of Employment with the Employer employment to receive his or her Vested Aggregate Account balance determined as of the most recent Valuation Date coinciding with or immediately preceding the date of distribution. Distribution will be made under Section 5.1.

Appears in 2 contracts

Samples: Picis Inc, Picis Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.