Common use of Disability or Retirement Clause in Contracts

Disability or Retirement. Termination of employment by the Company based on "Disability" shall mean termination because of Total and Permanent Disability as defined in the Long-Term Disability Plan of the Company, in effect from time to time, in which the Employee is participating. Termination of employment based on "Retirement" shall mean termination of employment by the Employee in accordance with the retirement policy (including early retirement policy) which is in effect from time to time and is generally applicable to the Company's salaried employees.

Disability or Retirement. Termination of employment by the Company based on "DisabilityDis ability" shall mean termination because of Total and Permanent Disability as defined in the Long-Long- Term Disability Plan of the Company, Company in effect from time to time, in which the Employee is participating. Termination of employment based on "Retirement" shall mean termination of employment by the Employee in accordance with the retirement policy (including early retirement policy) which is in effect from time to time and is generally applicable to the Company's salaried employees.

Disability or Retirement. Termination of employment by the Company based on "DisabilityDis ability" shall mean termination because of Total and Permanent Disability as defined in the Long-Term Disability Plan of the Company, in effect from time to time, in which the Employee is participating. Termination of employment based on "Retirement" shall mean termination of employment by the Employee in accordance with the retirement policy (including early retirement policy) which is in effect from time to time and is generally applicable to the Company's salaried employees.