Common use of Termination Due to Voluntary Retirement Clause in Contracts

Termination Due to Voluntary Retirement. In the event that Executive's employment is terminated due to his Voluntary Retirement (and other than termination for Good Reason), he shall be entitled to the following benefits: (i) the Accrued Obligations; and (ii) such rights as are in effect at the time with respect to stock options, restricted stock, retirement benefits and other benefits in accordance with applicable plan documents.

Appears in 3 contracts

Samples: Executive Employment Agreement (Hancock John Financial Services Inc), Executive Employment Agreement (Hancock John Financial Services Inc), Executive Employment Agreement (Hancock John Financial Services Inc)

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Termination Due to Voluntary Retirement. In the event that Executive's employment is terminated due to his her Voluntary Retirement (and other than termination for Good Reason), he she shall be entitled to the following benefits: (i) the Accrued Obligations; and (ii) such rights as are in effect at the time with respect to stock options, restricted stock, retirement benefits and other benefits in accordance with applicable plan documents.

Appears in 2 contracts

Samples: Executive Employment Agreement (Hancock John Financial Services Inc), Executive Employment Agreement (Hancock John Financial Services Inc)

Termination Due to Voluntary Retirement. In the event that Executive's employment is terminated due to his Voluntary Retirement (and other than termination for Good Reason), he shall be entitled to the following benefits: : (i) the Accrued Obligations; and and (ii) such rights as are in effect at the time with respect to stock options, restricted stock, retirement benefits and other benefits in accordance with applicable plan documents.

Appears in 1 contract

Samples: Executive Employment Agreement (Hancock John Financial Services Inc)

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Termination Due to Voluntary Retirement. In the event that Executive's employment is terminated due to his Voluntary Retirement (and other than termination for Good Reason), he shall be entitled to the following benefits: (i) the Accrued Obligations; and (ii) such rights as are in effect at the time with respect to stock options, restricted stock, retirement benefits and other benefits in accordance with applicable plan documentsdocuments and all of the post-employment perquisites made available to Executive's immediate predecessor as Chief Executive Officer of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Hancock John Financial Services Inc)

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