Retirement Eligible. (a) Except as otherwise provided in Section (1)(b) or in another subsection of this Section E, if the Participant is Retirement Eligible, any PSUs that will vest and Additional Shares that will be issued on the Vesting Date will be based on the extent earned for the Performance Period as determined in accordance with the provisions of Sections A – D above, and then reduced pro-rata by multiplying any such PSUs and Additional Shares by a fraction, the numerator of which is the number of full months in the Performance Period during which the Participant was actively in Service, and the denominator of which is the total number of months in the Performance Period. A partial month worked shall be counted as a full month if the Participant was actively working for 15 or more days in that month. All PSUs that do not vest in accordance with this provision shall be forfeited.
Retirement Eligible. Retirement Eligible shall mean the Executive has reached age sixty (60) and has been employed with the Company for a continuous period of at least five (5) years.
Retirement Eligible. (a) Except as otherwise provided in (1)(b) or another subsection of this Section E, if the Award Holder is Retirement Eligible, all RSUs held by the Award Holder will vest on the last day of the Performance Period, to the extent earned for the Performance Period, in an amount equal to the number of Target Shares that would vest in accordance with the provisions of Sections A – D above, if any, multiplied by a fraction, the numerator of which is the number of full months in the Performance Period during which the Award Holder was actively in Service, and the denominator of which is the total number of months in the Performance Period. A partial month worked shall be counted as a full month if the Award Holder was actively working for fifteen (15) days or more in that month. All RSUs that do not vest in accordance with this provision shall be forfeited.
Retirement Eligible. “Retirement Eligible” shall mean the Participant has attained the age of 55 and has been in continuous service to the Company or its Related Corporations as an employee or Associate for ten (10) years or more.
Retirement Eligible. (i) Except as otherwise provided in (d)(ii), if the Award Holder is Retirement Eligible but not in Service on the last day of the Performance Period (“Vesting Date”), a payout of the Award shall be due, to the extent earned, based upon the actual results relative to the applicable performance goal(s) for such Award for the original Performance Period, but reduced on a pro-rata basis by multiplying the amounts that would have been payable under the Award for the original Performance Period by a fraction, the numerator of which is the number of full months in the Performance Period during which the Participant was an active Employee and the denominator of which is the total number of months in the original Performance Period. A partial month worked shall be counted as a full month if the Participant was an active Employee for fifteen (15) days or more in that month. The Award shall be paid, in cash, as soon as practicable after the completion of the original Performance Period when Award payouts are made to active Employees (but in no event later than March 15 of the calendar year immediately following the end of the Performance Period).
Retirement Eligible. In the event you become Retirement Eligible during the Performance Period, you will be treated as continuing in employment for purposes of earning and vesting in this Performance Unit Award and will be paid in accordance with section 6 of this Award Agreement. “Retirement Eligible” means your age plus years of continuous service with the Company and its Affiliates total 80 or more and “Retirement” means you are Retirement Eligible and your employment is terminated for any reason, other than (i) for Cause, (ii) due to death or Disability, or (iii) in accordance with section 10 of this Award Agreement.
Retirement Eligible. Shaded bars denote notional a typical career path (colors match acquisition training requirements) • Individual careers will vary based on personal circumstances and decisions • Individuals may plateau and remain in same grade for any period of time at any point in the career • Green and xxxx bars indicate typical career points for various centrally selected assignments. • There is no prerequisite relationship between the centrally selected assignments illustrated. • Shaded bars denote typical career paths (colors match acquisition training requirements). • Individual careers will vary based on personal circumstances and decisions. • Individuals may plateau and remain in same grade for any period of time at any point in the career. • Green and xxxx bars indicate typical career points for various centrally selected assignments. Version of: 12 Sep 02 Prints correctly in B&W and color • There is no prerequisite relationship between the centrally selected assignments illustrated. Operational Experience Civilian Army Core Leadership Training Business Hours and/or Bachelors Accession SBLM Leader / Executive Development Masters Senior Service College GS-12 Primary ACF Cross Functional PEO / ACA / PM / TSM MSC / MACOM HQ MACOM / HQDA / OSD XX-0/00 XX-0/0 XX-00 XX-00 XX-00 The Purpose of this Handbook This handbook is designed to provide comprehensive guidance to individuals interested in applying to the CDG Program, selected program members and their supervisors. This handbook provides detailed information beginning with the application process through completion of and graduation from the program. The handbook is updated periodically to provide current point of contact (POC) and website information for maximum assistance to CDG applicants and members. Suggestions or recommendations for handbook improvement are welcomed and should be submitted to the ASC CDG Program Manager at xxxxx.xxxxxx@xx.xxxx.xxx. COMPETITIVE DEVELOPMENT GROUP HANDBOOK 3 Summary The AAC and the Deputy Director, Acquisition Career Management (DDACM) are fully committed to the CDG Program growth and success. As such, the CDG Program is constantly evolving to ensure the continued selection of high-quality personnel. Selection to the CDG Program is a privilege afforded to the “best of the best” in the acquisition community. Supervisors and senior raters are encouraged to seek out and assist in the development of their eligible subordinates to compete and take advantage of this exceptional program...
Retirement Eligible. Upon a Termination of Engagement, due to the Grantee’s Retirement, the outstanding and unvested RSUs shall remain subject to vesting and other terms of this Agreement (other than the continuous engagement or service requirement), provided, however, continued vesting shall be subject to the Grantee’s compliance with all noncompetition, confidentiality, or other restrictive covenants that may apply to the Grantee following the Grantee’s Retirement. Such RSUs will be settled in accordance with Section 4 of this Agreement. Notwithstanding the foregoing, the provisions of this Section 3(b) shall not apply with respect to any Grantee who is a U.S. taxpayer. For purposes of this RSU Award Agreement, “Retirement” means retirement from active engagement or service with the Company, any subsidiary or Affiliate as determined by the Board in its sole discretion.
Retirement Eligible. If You are or become Retirement Eligible prior to the Distribution Date of a Tranche, an amount equal to satisfy Your Social Security tax and Medicare tax liability attributable to Your Vested Award shall be withheld from Your other wages. Alternatively, the Company may require You to pay, via personal check, the amount of the Social Security tax and Medicare tax liability. On the Distribution Date of each Tranche, the Company shall retain or sell, without notice, a sufficient number of Shares to cover the amount needed to fulfill its withholding requirements for Federal and state income taxes. You shall not be permitted to increase Your Federal income tax withholding above the statutory rate.
Retirement Eligible. (a) Except as otherwise provided in (1)(b) or another subsection of this Section E, if the Award Holder is Retirement Eligible but not in Service on the last day of the Performance Period (“Vesting Date”), all RSUs held by the Award Holder will vest on the Vesting Date, to the extent earned for the Performance Period, in an amount equal to the number of Target Shares that would vest in accordance with the provisions of Sections A – D above, if any, multiplied by a fraction, the numerator of which is the number of full months in the Performance Period during which the Award Holder was actively in Service, and the denominator of which is the total number of months in the Performance Period. A partial month worked shall be counted as a full month if the Award Holder was actively working for fifteen (15) days or more in that month. All RSUs that do not vest in accordance with this provision shall be forfeited.
