Common use of Retirement at or after Attainment of Age 66 Clause in Contracts

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> but prior to the Three-Year Anniversary Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Stock subject to the Award in a single payment within sixty (60) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANTCOMMENCING AFTER GRANT DATE>> but prior to the Three-Year Anniversary Release Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Special Common Stock subject to the Award in a single payment within sixty (60) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANTCOMMENCING AFTER GRANT DATE>> by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> 2019 but prior to the Three-Year Anniversary Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award (after the adjustment set forth in Section 2) shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Common Stock subject to the Award in a single payment within sixty seventy (6070) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> 2019 by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> 2020 but prior to the Three-Year Anniversary Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award (after the adjustment set forth in Section 2) shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Common Stock subject to the Award in a single payment within sixty seventy (6070) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> 2020 by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> but prior to the Three-Year Anniversary Release Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Common Stock subject to the Award in a single payment within sixty (60) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANTCOMMENCING AFTER GRANT DATE>> but prior to the Three-Year Anniversary Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Stock subject to the Award in a single payment within sixty (60) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANTCOMMENCING AFTER GRANT DATE>> by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.

Retirement at or after Attainment of Age 66. If the Employee has a Separation from Service on or after January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> but prior to the Three-Year Anniversary Date by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall become nonforfeitable and the Restriction Period with respect to the Award shall terminate. The Company shall issue the shares of Common Stock subject to the Award in a single payment within sixty (60) days following the date of the Employee’s Separation from Service; provided, however, that if the Award is subject to section 409A of the Code, and if the Employee is a Specified Employee as of the date of his or her Separation from Service, then such payment shall be delayed until and made during the seventh calendar month following the calendar month during which the Employee’s Separation from Service occurs (or, if earlier, the calendar month following the calendar month of the Employee’s death). If the Employee has a Separation from Service prior to January 1, <<CALENDAR YEAR FOLLOWING CALENDAR YEAR OF GRANT>> by reason of retirement at or after attainment of age 66, then on the date of the Employee’s Separation from Service the Award shall be forfeited and shall be canceled by the Company.