Common use of Early Retirement, Resignation or Discharge Clause in Contracts

Early Retirement, Resignation or Discharge. If the employment of a Participant terminates by reason of early retirement, resignation or discharge prior to his Normal Retirement Age, he shall be vested and have a nonforfeitable interest in a percentage of his Employer Account and Matching Account determined by, except as provided below, taking into account all of his Years of Service as of such termination date in accordance with the schedule set forth in the Adoption Agreement.

Appears in 3 contracts

Samples: Adoption Agreement (Jones Medical Industries Inc /De/), Southbanc Shares Inc, Capstone Pharmacy Services Inc

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Early Retirement, Resignation or Discharge. If the employment of a Participant terminates by reason of early retirement, resignation or discharge prior to his Normal Retirement Age, he shall be vested and have a nonforfeitable interest in a percentage of his Employer Account and Matching Account determined by, except as provided below, taking into account all of his Years of Service as of such termination date in accordance with the schedule set forth in the Adoption Agreement.

Appears in 1 contract

Samples: Southwest Community Bancorp

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Early Retirement, Resignation or Discharge. If the employment of a Participant terminates by reason of early retirement, resignation resignation, or discharge prior to his Normal Retirement Age, he shall be vested and have a nonforfeitable interest in a percentage of his Employer Account and Matching Account determined by, except as provided below, Accounts taking into account all of his Years of Vesting Service as of such termination date in accordance with the schedule set forth in the Adoption Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Eureka Financial Corp.)

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