Common use of Termination by Retirement Clause in Contracts

Termination by Retirement. If, prior to the expiration of the Term, the Executive voluntarily elects to retire under the Salaried Employees’ Retirement Plan, Executive’s employment will be terminated as of the date of such retirement.

Appears in 3 contracts

Samples: Employment Agreement (Cooper Tire & Rubber Co), Employment Agreement (Cooper Tire & Rubber Co), Employment Agreement (Cooper Tire & Rubber Co)

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Termination by Retirement. If, prior to the expiration of the Term, the Executive voluntarily elects to retire under the Salaried Employees’ Company's tax qualified Retirement Plan, Executive’s 's employment will be terminated as of the date of such retirement.

Appears in 1 contract

Samples: Employment Agreement (Westborn Service Center, Inc.)

Termination by Retirement. If, prior to the expiration of the Term, the Executive voluntarily elects to retire under the Salaried Employees’ Spectrum Retirement Plan, Executive’s employment will be terminated as of the date of such retirement.

Appears in 1 contract

Samples: Employment Agreement (Cooper Tire & Rubber Co)

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Termination by Retirement. If, prior to the expiration of the Term, the Executive voluntarily elects to retire under the Salaried Employees’ Company’s tax qualified Retirement Plan, Executive’s employment will be terminated as of the date of such retirement.

Appears in 1 contract

Samples: Employment Agreement (Cooper-Standard Holdings Inc.)

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