Common use of Termination for Retirement or Death Clause in Contracts

Termination for Retirement or Death. Termination of the Executive’s employment due to death or retirement is not a Qualifying Termination. However, if immediately prior to the Executive’s retirement (but not death), the Executive would have experienced a Qualifying Termination if he or she had terminated at that time, then upon his or her retirement he or she shall (subject to Section 4.3(c)) be entitled to the benefits provided by this Agreement for a Qualifying Termination.

Termination for Retirement or Death. Termination of the Executive’s employment due to death or or, except as provided in Section 4.3(b), retirement is not a Qualifying Termination. However, if immediately prior to the Executive’s retirement (but not death), the Executive would have experienced a Qualifying Termination if he or she had terminated at that time, then upon his or her retirement he or she shall (subject to Section 4.3(c4.3(e)) be entitled to the benefits provided by this Agreement for a Qualifying Termination.

Termination for Retirement or Death. Termination of the Executive’s 's employment due to death or retirement is not a Qualifying Termination. However, if immediately prior to the Executive’s 's retirement (but not death), the Executive would have experienced a Qualifying Termination if he or she had terminated at that time, then upon his or her retirement he or she shall (subject to Section 4.3(c)) be entitled to the benefits provided by this Agreement for a Qualifying Termination.

Termination for Retirement or Death. Termination of the Executive’s employment due to death or retirement is not a Qualifying Termination. However, if unless the Executive could have terminated his employment for Good Reason immediately prior to the Executive’s retirement (but not or death), the Executive would have experienced a Qualifying Termination if he or she had terminated at that time, then upon his or her retirement he or she shall (subject to Section 4.3(c)) be entitled to the benefits provided by this Agreement for a Qualifying Termination.