Retirement Agreement. REFAC and Lang shall have executed and delivered 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. 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. Your retirement from the Company is effective July 9, 2004 (the “Retirement Date”). Prior to the Retirement Date, you will perform such duties as reasonably requested by the Company. After the Retirement Date, you will have no ongoing duties or responsibilities for the Company, but you agree, if requested, to provide limited consultation from time to time during the 2004 calendar year and the first quarter of 2005 as reasonably requested to assure a smooth transition of your responsibilities, including the closing of the Company’s financial statements for the 2004 fiscal year and preparation for the annual audit of the Company’s financial statements. Such consultation shall be provided at no expense to the Company, with the exception of reasonable out-of-pocket expenses, approved by the Company in advance, incurred by you in the performance of those duties.
Retirement Agreement. The Retirement Agreement, and each and every provision thereof, remains in full force and effect, and no provision of the Agreement is intended to modify, waiver or amend any provision of the Retirement Agreement. [Signature page follows.] THE PARTIES HERETO, INTENDING TO BE LEGALLY BOUND, have executed this Agreement as of the date first set forth above. Independence Holding Company, a Delaware corporation By: /s/ Xxxxx X. Xxxxxx Name: Xx. Xxxxx X. Kettig Title: Chief Operating Officer and Senior Vice President Xx. Xxx X.X. Xxxxx, an individual resident in the State of New York /s/ Xxx X.X. Xxxxx 000 Xxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: General Counsel Telephone No.: (000) 000-0000 Facsimile No.: (000) 000-0000 00 Xxxxxxxx Xxxxxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 Telephone No.: (000) 000-0000
Retirement Agreement. Special Retirement Benefit Schedule Retirement Retirement Agreement
Retirement Agreement. FOR AND IN CONSIDERATION of the mutual promises and covenants stated herein, E. Xxxxxxx Xxxxxx (hereinafter referred to as "Xxxxxx") and American Family Life Assurance Company of Columbus, a Georgia corporation (hereinafter referred to as "AFLAC"), do hereby enter into this Retirement Agreement (this "Agreement") on the 16th day of February, 2000.
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.
