Common use of Retirement Prior to Age 62 Clause in Contracts

Retirement Prior to Age 62. If the Participant’s employment terminates prior to the Vesting Date, by reason of the Participant’s Retirement prior to attaining age 62, then a whole number of Restricted Stock Units shall vest on the Participant’s last day of active employment with the Company, with such number determined in proportion to the Participant’s active service (measured in calendar days) during the period commencing on the Grant Date and ending on the Vesting Date, and shall be payable as soon as practicable after that date (net of any Restricted Stock Units previously paid out).

Retirement Prior to Age 62. If the Participant’s employment terminates prior to the Vesting Date, by reason of the Participant’s Retirement prior to attaining age 62, then a whole number of Restricted Stock Units shall vest on the Participant’s last day of active employment with the Company, with such number determined in proportion to the Participant’s active service (measured in calendar days) during the period commencing on the Grant Date and ending on the Vesting Date, and shall be payable paid as soon as practicable after that date (net of any Restricted Stock Units previously paid out).

Retirement Prior to Age 62. If the Participant’s employment terminates prior to the Vesting Date, by reason of the Participant’s Retirement prior to attaining age 62, then a the whole number of Restricted Stock Units that shall vest on the Participant’s last day of active employment with the Company, with such number determined Company will be in proportion to the Participant’s active service (measured in calendar days) during the period commencing on the Grant Date and ending on the Vesting Date, Date and shall will be payable as soon as practicable after that date (net of any Restricted Stock Units previously paid out).