Common use of Definition of Retirement Clause in Contracts

Definition of Retirement. For purposes of this Award Agreement, “retirement” means a voluntary termination after reaching either (a) age 65 or (b) age 60 with 10 years of service to the PartnerRe Group.

Definition of Retirement. For purposes of this Award Agreement, “retirement” means a voluntary termination after reaching either (a) when the Participant’s age 65 or (b) age 60 with 10 and years of service to qualify him/her for retirement benefits under the PartnerRe Groupretirement plan or policy in place in the Participant’s country of employment at the time the Participant gives the Notice of Termination for such voluntary termination.