Common use of Termination of Employment by Retirement Clause in Contracts

Termination of Employment by Retirement. If, without having fully exercised this Option, Optionee’s employment with the Company and all subsidiaries is terminated by reason of retirement (as defined under the then established rules of the Company’s tax-qualified retirement plans), any outstanding Options granted to Optionee that are not vested at the date of termination shall become fully vested and exercisable according to the terms of the Plan and this Agreement. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the date of expiration set forth in the Notice.

Termination of Employment by Retirement. If, without having fully exercised this Option, Optionee’s 's employment with the Company and all subsidiaries is terminated by reason of retirement (as defined under the then established rules of the Company’s 's tax-qualified retirement plans), any outstanding Options granted to Optionee that are not vested at the date of termination shall become fully vested and exercisable according to the terms of the Plan and this Agreement. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the date of expiration set forth in the attached Notice.

Termination of Employment by Retirement. If, without having fully exercised this Option, Optionee’s 's employment with the Company and all subsidiaries is terminated by reason of retirement Retirement (as defined under the then established rules of the Company’s 's tax-qualified retirement plans), any outstanding Options options granted to Optionee Participant that are not vested exercisable at the date of termination shall become fully vested and exercisable according to the terms of the Plan and this Agreementexercisable. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the date Date of expiration Expiration set forth in the attached Notice.

Termination of Employment by Retirement. If, without having fully exercised this Option, Optionee’s 's employment with the Company and all subsidiaries is terminated by reason of retirement Retirement (as defined under the then established rules of the Company’s 's tax-qualified retirement plans), any outstanding Options options granted to Optionee Participant that are not vested exercisable at the date of termination shall become fully vested and exercisable according to the terms of the Plan and this Agreementexercisable. Optionee shall have the same right to exercise this Option as Optionee had during his or her employment for a period ending on the date Date of expiration Expiration set forth in the Noticeabove.