Common use of Ineligible to Retire Clause in Contracts

Ineligible to Retire. The term "Ineligible to Retire" means an Executive who has not met the eligibility requirements for retirement under any Company or Subsidiary supplemental executive non-qualified defined benefit retirement plan in which the Executive participated immediately prior to the occurrence of a Qualifying Termination.

Appears in 10 contracts

Samples: Control Severance Agreement (Baltimore Gas & Electric Co), Change in Control Severance Agreement (Baltimore Gas & Electric Co), Change in Control Severance Agreement (Baltimore Gas & Electric Co)

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Ineligible to Retire. The term "Ineligible to Retire" means an Executive who has not met the eligibility requirements for retirement under any Company or Subsidiary supplemental executive non-qualified defined benefit retirement plan in which the Executive participated immediately prior to the occurrence of a Qualifying Termination.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Baltimore Gas & Electric Co), Change in Control Severance Agreement (Baltimore Gas & Electric Co), Change in Control Severance Agreement (Baltimore Gas & Electric Co)

Ineligible to Retire. The term "Ineligible to Retire" , means an Executive who has not met the eligibility requirements for retirement under any Company or Subsidiary Affiliate supplemental executive non-qualified defined benefit retirement pension plan in which the Executive participated immediately prior to the occurrence of a Qualifying Termination.

Appears in 2 contracts

Samples: Employment Agreement (Baltimore Gas & Electric Co), Severance Agreements (Baltimore Gas & Electric Co)

Ineligible to Retire. The term "Ineligible to Retire" , means an Executive who has not met the eligibility requirements for retirement under any Company or Subsidiary supplemental executive non-qualified defined benefit retirement plan in which the Executive participated immediately prior to the occurrence of a Qualifying Termination.

Appears in 2 contracts

Samples: Employment Agreement (Baltimore Gas & Electric Co), Baltimore Gas & Electric Co

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Ineligible to Retire. The term "Ineligible to Retire" means an Executive who has not met the eligibility requirements for retirement under any Company or Subsidiary supplemental executive non-qualified defined benefit retirement plan in which the Executive participated immediately prior to the occurrence of a Qualifying Termination.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Baltimore Gas & Electric Co)

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