Common use of Delayed Retirement Date Clause in Contracts

Delayed Retirement Date. A Participant who continues in the active employment of the Employer beyond his Normal Retirement Date shall continue to participate in the Plan, and his Delayed Retirement Date shall be the first day of the calendar month coinciding with or next following the date of termination of his employment with the Employer.

Appears in 3 contracts

Samples: Profit Sharing Plan Adoption Agreement (Southern National Bancorp of Virginia Inc), Executive Retirement Plan (Eskimo Pie Corp), Salaried Retirement Plan (Eskimo Pie Corp)

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Delayed Retirement Date. A Participant who continues in the ----------------------- active employment of the Employer beyond his Normal Retirement Date shall continue to participate in the Plan, and his Delayed Retirement Date shall be the first day of the calendar month coinciding with or next following the date of termination of his employment with the Employer.

Appears in 1 contract

Samples: Salaried Retirement Plan (Eskimo Pie Corp)

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