RETIREMENT PAY AND BENEFITS. Section 1: All teachers who are eligible to retire and submit their Intent to Retire shall, upon retirement, receive $35.00 for every 7 hours of unused sick time. This amount shall be deposited in the teacher’s 403(b)
RETIREMENT PAY AND BENEFITS. In consideration for Executive's release of claims, covenants and other agreements provided herein, the Company shall provide Executive the following retirement pay and benefits:
RETIREMENT PAY AND BENEFITS. (a) In consideration of valuable services rendered by Gullotti during his tenure with NCS, NCS shall make retirement payxxxxx xx Gullotti of Seven Thousand Five Hundred Dollars ($7,500) per month xxxxxx the period from the Retirement Date through June 1, 2007 or the date of his death, if earlier (the "Retirement Period").
RETIREMENT PAY AND BENEFITS. The Company shall pay the Executive two months salary as retirement pay, net of applicable FICA, Medicare, federal withholding taxes, and Colorado state withholding taxes, payable in accordance with the Company's regular payroll schedule, and two (2) months of health benefits substantially identical to the health benefits provided prior to the Executive's retirement. After all such salary and benefits have been paid to Executive, Executive shall be offered the same COBRA benefits as are offered to other terminated employees.
RETIREMENT PAY AND BENEFITS