Early Retirement Agreement Sample Clauses

Early Retirement Agreement a. The Merced County Office of Education shall continue all health, accident and dental benefits into retirement for the bargaining unit member at no expense to the bargaining unit member until the bargaining unit member reaches age sixty-five (65). Effective July 1, 2004, the Merced County Office of Education shall continue all health, dental, vision and accident benefits into retirement for the bargaining unit member until the bargaining unit member reaches age sixty-five (65). The medical insurance coverage shall be equivalent to the medical plan(s) then in effect for all certificated personnel. If at any time the current plan requires payment in any part by the employee, the retiree shall be responsible for the same amount of cost for maintaining insurance coverage as other certificated employees.
Sample 1Sample 2Sample 3
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Early Retirement Agreement. 1. Any teacher employed by the Campton School District who is at least 55 years of age and who has taught in the District the equivalent of at least 15 consecutive full-time years preceding the June 30th date of his/her stated retirement year, shall be eligible for an Early Retirement incentive.
Sample 1
Early Retirement Agreement. Dear Xxxxx: This will confirm our offer concerning your early retirement from your employment with Associated Banc-Corp or its direct or indirect subsidiaries (collectively “Associated Bank” or the “Company”). As we discussed, provided you remain employed with the Company through the Retirement Date (as defined below) and comply in all material respects with the terms of this Agreement, the Company will provide the early retirement payment described in Paragraph 2, below (the “Retirement Payment”). This Agreement shall be effective on the date you sign it, provided you do not exercise your revocation right as described in Paragraph 4(D), below. As used herein, the “Retirement Date” will be the first day of the month following the month in which the Company appoints your successor, but in any case no earlier than March 1, 2022. The Company will provide you with 10 days advance written notice of the Retirement Date.
Sample 1

Related to Early Retirement Agreement

  • Early Retirement An employee entitled to twenty-five (25) or more days of annual vacation shall be entitled to defer up to five (5) days per year of vacation into an Early Retirement Bank. An employee entitled to thirty (30) or more days of annual vacation shall be entitled to defer up to ten (10) days per year of vacation into an Early Retirement Bank. Such deferred vacation may only be taken immediately prior to retirement. The Employer may, at its sole discretion, permit an employee to use such banked vacation under other circumstances.

  • Early Retirement Date Early Retirement Date shall mean a retirement from employment which is effective prior to the Normal Retirement Age stated herein, provided the Executive has attained age sixty (60) with thirty (30) years of service with the bank.

  • Early Retirement Age Early Retirement Age is the later of: (i) the date a Participant attains age ; (ii) the date a Participant reaches the anniversary of the first day of the Plan Year in which the Participant commenced participation in the Plan; or (iii) the date a Participant completes Years of Service. [Note: The Employer should leave blank any of clauses (i), (ii) and (iii) which are not applicable.] If (f)(iii) is selected, “Years of Service” under this Election 34(f)(iii) means (Choose (1) or (2).):

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Supplemental Retirement Benefit In addition to the foregoing, Executive shall be eligible to participate in the Supplemental Executive Retirement Plan maintained by Cleco Utility Group Inc. or such other supplemental retirement benefit plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (the "Supplemental Plan").

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