Retirement from Employment. PEL has no cash-out value upon termination except at retirement, layoff as under Article 15.4, permanent and total disability as a result of a work-related injury, death of the employee, or as provided in Section 9.4, “Sell-Back of PEL Prior to Retirement.” In the event of retirement, and where the employee has not elected to exercise rights under Section 9.4, the value of the PEL will be placed in a Retirement Health Savings Plan for the benefit of the employee. Maximum pay- out will be 880 hours of PEL. Pay-out at death will be to the employee’s estate. Pay-out of PEL to the Retirement Health Savings Plan at retirement will be allowed providing the following conditions are satisfied:
Retirement from Employment. Executive acknowledges and understands that Executive’s last day of employment with the Company is December 31, 2011 (the “Retirement Date”). Executive further acknowledges that Executive has received all compensation and benefits to which Executive is entitled as a result of Executive’s employment, except as otherwise provided under Section 5 of Executive’s Fourth Amended and Restated Employment Agreement with the Company, dated as of August 26, 2011 (the “Employment Agreement”). Executive understands that, except as otherwise provided under Section 5 of the Employment Agreement, Executive is entitled to nothing further from the Released Parties, including reinstatement by the Company.
Retirement from Employment. 1.1 XxXxxxxxx hereby resigns from his employment with Biomira effective the 17th day of May, 2006 (hereinafter referred to as the "Retirement Date").
Retirement from Employment. It is hereby agreed by and between Company and Xxxxxx that Xxxxxx has notified Company of his voluntary retirement from his position as CFO of Company and from employment with the Company effective December 31, 2010, and the parties hereto acknowledge and agree that this Agreement shall resolve and govern any and all issues which may have arisen and/or concerning matters which took place during the course of Xxxxxx’x employment by Company.
Retirement from Employment. Effective August 31, 2013, (“Retirement Date”), having worked past the normal retirement age 65, the Consultant shall take late retirement from the Company and his employment with the Company shall be terminated. In consideration for the promises contained herein, the Company agrees to enter into the consulting provisions hereof with the Consultant commencing September 1, 2013 (“Effective Date”).
Retirement from Employment. Xxxxxxxxx acknowledges and agrees that Xxxxxxxxx voluntarily retired from employment with Village on , 2021 (“Retirement Date”). Nahrstadt acknowledges receipt of all wages, accrued but unused vacation pay, leave (whether statutory or otherwise) and other benefits due Nahrstadt from the Village through the Retirement Date.
Retirement from Employment. Retiree acknowledges that Retiree will retire from Retiree’s employment with Company effective 31 December 2020 (the “Retirement Date”). Retiree will receive certain Vesting Benefits (as defined below) and incremental cash compensation (as defined below) (together, the “Post-Retirement Benefit”) provided that Retiree executes this Agreement and does not revoke Retiree’s acceptance.
Retirement from Employment. You have notified the Company that you will retire and resign your employment with the Company effective July 1, 2019 (the “Resignation Date”). You agree to execute any documentation deemed reasonably necessary by the Company to confirm your resignation from employment.
Retirement from Employment. You hereby acknowledge and agree that You are retiring from your position as Executive Vice President, Corporate Operations, and as an employee of Boston Scientific effective December 31, 2005 ("Retirement Date").
Retirement from Employment. You hereby acknowledge and agree that you are retiring from your position as Executive Vice President, Chief Operations Officer, with BSC effective December 31, 2011, and that your employment with BSC will end as of that same date (“Retirement Date”).
