Common use of Normal Retirement Date Clause in Contracts

Normal Retirement Date. The term “Normal Retirement Date” shall mean the day on which a Participant who has attained age sixty-five (65), with five (5) years of Credited Service, retires. A Participant is eligible for normal retirement on the first day of the calendar month coincident with or immediately following the Participant’s attainment of age sixty-five (65) and completion of five (5) years of Credited Service, and “normal retirement” shall mean the retirement by an eligible Participant at the Normal Retirement Date.

Appears in 12 contracts

Samples: Restricted Stock Unit Agreement (Hasbro, Inc.), Restricted Stock Unit Agreement (Hasbro, Inc.), Restricted Stock Unit Agreement (Hasbro, Inc.)

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Normal Retirement Date. The term "Normal Retirement Date" shall mean the day on which a Participant who has attained age sixty-five (65), with five (5) years of Credited Service, retires. A Participant is eligible for normal retirement on the first day of the calendar month coincident with or immediately following the Participant’s 's attainment of age sixty-five (65) and completion of five (5) years of Credited Service, and "normal retirement" shall mean the retirement by an eligible Participant at the Normal Retirement Date.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Hasbro Inc), Restricted Stock Unit Agreement (Hasbro Inc), Restricted Stock Unit Agreement (Hasbro Inc)

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Normal Retirement Date. The term "Normal Retirement Date" shall mean the day on which a Participant who has attained Retirement, as defined below, of the Executive upon attainment of age sixty-five (65), with five (5) or after fifteen years of Credited Serviceservice, retires. A Participant is eligible for normal retirement on dated from the first day of his first month of employment with the calendar month coincident with or immediately following the Participant’s attainment of age sixty-five (65) and completion of five (5) years of Credited ServiceEmployer, and “normal retirement” shall mean the retirement by an eligible Participant at the Normal Retirement Datewhichever is later.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Valley Commerce Bancorp)

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