Common use of Termination as a Result of Retirement Clause in Contracts

Termination as a Result of Retirement. In the event of your termination of employment prior to the Employment Date as a result of your Retirement (which, for the avoidance of doubt and for purposes of this Agreement, is as defined in the Plan), the unvested Units shall vest pro-rata due to Retirement based on the following formula:

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Foster Wheeler Ag), Restricted Stock Unit Award Agreement (Foster Wheeler Ag), Restricted Stock Unit Award Agreement (Foster Wheeler Ag)

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Termination as a Result of Retirement. In the event of your termination of employment prior to the Employment Date as a result of your Retirement (which, for the avoidance of doubt and which for purposes of this Agreement, Agreement is as defined in Section 2(vv) of the Plan), the any unvested Units shall vest pro-rata as of the date of your termination due to Retirement based on the following formula:

Appears in 3 contracts

Samples: Award Agreement (Foster Wheeler Ag), Award Agreement (Foster Wheeler LTD), Award Agreement (Foster Wheeler Ag)

Termination as a Result of Retirement. In the event of your termination of employment prior to the Employment Date as a result of your Retirement (which, for the avoidance of doubt and for purposes of this Agreement, is as defined in the Plan), the any unvested Units shall vest pro-rata as of the date of your termination due to Retirement based on the following formula:

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Foster Wheeler Ag), Restricted Stock Unit Award Agreement (Foster Wheeler Ag), Restricted Stock Unit Agreement (Foster Wheeler Ag)

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Termination as a Result of Retirement. In the event of your termination of employment prior to the Employment Vesting Date as a result of your Retirement (which, for the avoidance of doubt and for purposes of this Agreement, is as defined in Section 2(vv) of the Plan), the unvested Units shall vest pro-rata as of the date of your termination due to Retirement based on the following formula:

Appears in 1 contract

Samples: Foster Wheeler Ag

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