Common use of Termination of Employment Prior to Normal Retirement Date Clause in Contracts

Termination of Employment Prior to Normal Retirement Date. If the Executive has a Separation from Service prior to the Normal Retirement Date for any reason, the Executive shall be entitled to benefits in the amount of the Accrued Benefit determined as of the date of his Separation from Service (“Early Retirement Benefits”) payable (x) in the Normal Form commencing at the Normal Retirement Date or (y) to the extent so elected by the Executive, in any other form permitted under Section 2.4 and commencing at such other time as may be permitted under Section 5.2 below, subject to such adjustment as may be provided under Section 5.2 below.

Termination of Employment Prior to Normal Retirement Date. If the Executive has a Separation from Service Executive’s employment with the Corporation is terminated prior to the Normal Retirement Date for any reason, the Executive shall be entitled to benefits in the amount of the Accrued Benefit determined as of the date of termination of his Separation from Service employment (“Early Retirement Benefits”) payable (x) in the Normal Form commencing at the Normal Retirement Date or (y) to the extent so elected by the Executive, in any other form permitted under Section 2.4 and commencing at such other time as may be permitted under Section 5.2 below, subject to such adjustment as may be provided under Section 5.2 below.

Termination of Employment Prior to Normal Retirement Date. If the Executive has a Separation from Service Executive's employment with the Corporation is terminated prior to the Normal Retirement Date for any reason, the Executive shall be entitled to benefits in the amount of the Accrued Benefit determined as of the date of termination of his Separation from Service employment (“"Early Retirement Benefits”") payable (x) in the Normal Form commencing at the Normal Retirement Date or (y) to the extent so elected by the Executive, in any other form permitted under Section 2.4 and commencing at such other time as may be permitted under Section 5.2 below, subject to such adjustment as may be provided under Section 5.2 below.

Termination of Employment Prior to Normal Retirement Date. If the Executive has a Separation from Service prior to the Normal Retirement Date for any reasonreason other than death or disability, the Executive shall be entitled to benefits in the amount of the Accrued Benefit determined as of the date of termination of his Separation from Service employment (“Early Retirement Benefits”) payable (x) in the Normal Form monthly commencing at the Normal Retirement Date (subject to the six-month delay requirement in Section 2.04(e)) and continuing for 15 years or (y) to the extent so elected by the Executive, in any other form permitted under Section 2.4 2.04 and commencing at such other time as may be permitted under Section 5.2 5.02 below, subject to such adjustment as may be provided under Section 5.2 5.02 below.