Common use of Retirement, Disability or Death Clause in Contracts

Retirement, Disability or Death. Subject to Section 6 of this Schedule C, if your employment with Avient or a Subsidiary terminates prior to the Payment Date due to (a) retirement at age 55 or older with at least 10 years of service, (b) retirement at age 58 or older with at least 5 years of service, (c) permanent and total disability (as defined under the relevant disability plan or program of Avient or a Subsidiary in which you then participate), or (d) death, Avient shall pay to you or your executor or administrator, as the case may be, on the Payment Date, the sum of:

Appears in 4 contracts

Samples: Letter Agreement (Avient Corp), Letter Agreement (Avient Corp), Letter Agreement (Avient Corp)

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