Mandatory Retirement. Except as provided in the Retired Director Compensation Program, Directors are required to retire from the Xxxxx Board of Directors at age 76 provided, however, that any director, who attains or has attained the age of 76 during his term as director, may delay retirement until completion of his or her term.
Appears in 7 contracts
Samples: Retired Director Compensation Program and Mandatory Retirement Agreement (Espey MFG & Electronics Corp), Retired Director Compensation Program and Mandatory Retirement Agreement (Espey MFG & Electronics Corp), Retired Director Compensation Program and Mandatory Retirement Agreement (Espey MFG & Electronics Corp)
