Retirement Agreement Clause Samples

Retirement Agreement. If Consultant does not execute the Retirement Agreement, or timely revokes the Retirement Agreement, then this Agreement is automatically rescinded by mutual agreement of the parties and Amgen is entitled to Recapture the full consideration provided pursuant to this Agreement as set forth in Section 2.1(b) below.

Retirement Agreement. The following terms apply subject to your termination of employment with your Employer due to your Retirement (as defined in the Plan), while unexercised Options remain under this Restricted Stock Option Agreement.

Retirement Agreement. Executive's retirement agreement with Weider Health and Fitness shall be modified to provide that in the event of the termination of his employment Executive shall be fully vested in the benefit thereunder.

Retirement Agreement. REFAC and Lang shall have executed and delivered the Retirement Agreement dated December 13, 1996 (the "Retirement Agreement") substantially in the form attached hereto as Exhibit A and when delivered hereunder such Retirement Agreement will be a legal, valid, binding and enforceable obligation of each of REFAC and Lang.

Retirement Agreement. 1. To be eligible for participation in this program, a teacher must satisfy all of the following requirements: A. Completion of twelve (12) years of teaching service in the Breckenridge Community Schools (excluding periods of layoff and unpaid leave). B. The teacher must be employed with the district and on active duty as of the date of submission of resignation and until his/her retirement. C. The teacher must submit a written and irrevocable resignation to be effective July 1 of the current year or the beginning of the month after a teacher’s age becomes 55 for the MPSERS Basic program to the district not later than March 15 of the same year. D. The teacher must be eligible to receive retirement benefits from the Michigan Public School Employees Retirement System (MPSERS). The teacher shall provide documentation as required by the administration to confirm retirement eligibility by March 15 of the current year. If MPSERS eligibility cannot be documented to the satisfaction of the Superintendent by (and as of) June 30th, the teacher shall not be eligible for the Supplemental Retirement Stipend, his/her resignation letter shall be deemed void, and he/she shall be considered to remain actively employed by the Breckenridge Community Schools. E. The teacher must sign the "Waiver and Release" form and Letter of Resignation form letter in the contract addendum. F. All teachers shall be deemed to be on notice of the following: (i) Any teacher considering participation in this Supplemental Retirement Stipend program is expressly advised and encouraged to consult with an attorney before signing the documents required for participation in this pro- gram. (ii) Any teacher who executes the documents required herein for participation in this Supplemental Retirement Stipend program shall be permitted to revoke said documents and withdraw from participation in the program by submitting a signed and dated written notice to such effect which must be received by the district within seven (7) calendar days of the date on which the documents were originally signed. (iii) A list is available on request from the office of the Superintendent of Schools of the ages of the teachers known to satisfy the eligibility requirements of Section 1.A. and the ages of those teachers who do not satisfy the require- ment. The district is unable to provide similar information as to the eligibility requirement of Section 1.D. because it does not possess the relevant data. 2. A teacher who sati...

Retirement Agreement. Any employee electing to take advantage of the career buy back provision shall enter into a retirement agreement with the Town. Such retirement agreement shall include the following:

Retirement Agreement. It is agreed that all the provisions of the Retirement Agreement for Hourly Employees will be continued to February 15, 2008, in order to coincide with the expiration of that Contract.

Retirement Agreement. In addition to the vesting conditions imposed under the Agreement, you will forfeit your Restricted Stock Units granted under the Agreement if you do not sign and deliver to the Company the Retirement Agreement delivered to you by the Company or if you revoke the Retirement Agreement.

Retirement Agreement. Special Retirement Benefit Schedule Retirement Retirement Agreement