Retirement; Disability. (i) Termination of employment by the Bank based on retirement shall mean the mandatory termination of employment in accordance with the retirement policy of the Bank, including (at Employee's sole election and as set forth in writing) early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with Employee's consent with respect to Employee.
Appears in 26 contracts
Samples: Early Retirement Agreement (First Litchfield Financial Corp), Control Agreement (First Litchfield Financial Corp), Control Agreement (First Litchfield Financial Corp)
Retirement; Disability. (i) Termination of employment Employment by the Bank based on retirement shall mean the mandatory termination of employment in accordance with the retirement policy of the Bank, including (at Employee's sole election and as set forth in writing) early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with Employee's consent with respect to Employee.
Appears in 2 contracts
Samples: First Litchfield Financial Corp, First Litchfield Financial Corp
Retirement; Disability. (i) Termination of employment Employment by the Bank Leasing Company based on retirement shall mean the mandatory termination of employment in accordance with the retirement policy of the Leasing Company, as approved by the Bank, including (at Employee's sole election and as set forth in writing) early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with Employee's consent with respect to Employee.
Appears in 1 contract
Samples: First Litchfield Financial Corp
Retirement; Disability. (i) Termination of employment Employment by the Bank Leasing Company, based on retirement shall mean the mandatory termination of employment in accordance with the retirement policy of the Leasing Company, as approved by the Bank, including (at Employee's sole election and as set forth in writing) early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with Employee's consent with respect to Employee.
Appears in 1 contract
Samples: First Litchfield Financial Corp