TERMINATION UPON RETIREMENT Sample Clauses

TERMINATION UPON RETIREMENT. Termination of Executive’s employment based on “

TERMINATION UPON RETIREMENT. Termination of Executive’s employment based on “Retirement” shall mean termination of Executive’s employment at any time after Executive reaches age 65 or in accordance with any retirement policy established by the Board with Executive’s consent as it applies to him. Upon termination of Executive based on Retirement, no amounts or benefits shall be due Executive under this Agreement, and Executive shall be entitled to all benefits under any retirement plan of the Bank and other plans to which Executive is a party.

TERMINATION UPON RETIREMENT. Termination by the Bank of the Executive based on "

TERMINATION UPON RETIREMENT. Termination by the Holding Company of the Executive based on "

TERMINATION UPON RETIREMENT. Termination by the Holding Company of the Executive based on "Retirement" shall mean termination in accordance with the Holding Company's or Bank's retirement policy or in accordance with any retirement arrangement established with Executive's consent with respect to him. Upon termination of Executive upon Retirement, Executive shall be entitled to all benefits under any retirement plan of the Holding Company or the Bank and other plans to which Executive is a party, and shall be entitled to the benefits, if any, as a former employee under the Holding Company's or the Bank's employee benefit plans and programs and compensation plans and programs.

TERMINATION UPON RETIREMENT. The Executive may voluntarily terminate this Agreement at any time by reason of Retirement.

TERMINATION UPON RETIREMENT. If the Termination Event is due to the Retirement of Executive, Executive shall be entitled to receive, as soon as practicable following the date of termination: (i) any accrued but unpaid Base Salary through the date of termination, plus (ii) the Pro Rated Bonus, plus (iii) any accrued and unpaid vacation pay or other benefits which may be owing in accordance with Company policies and applicable law, plus (iv) the right to participate in the Retiree Health Program, plus (v) acceleration of vesting of the Restricted Stock and the continued vesting and exercisability of Options in the same manner that the Options would vest and become exercisable had Executive continued his employment with the Company, plus (vi) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested Options; provided, however, that the Company’s obligations under Section 6(f)(iv) shall terminate if at any time Executive obtains retiree health benefits from a different employer and provided, further, if Executive is a “specified employee” as defined in Section 409A, and the payments described above do not satisfy any applicable exemptions, then such payments shall not be made prior to the first day following the six-month period beginning on the date of termination of employment if such payments would otherwise violate Section 409A Guidance and such payments shall instead be paid to Executive on the first day of the seventh month following his termination of employment.

TERMINATION UPON RETIREMENT. Termination by the Bank of the Executive based on "Retirement" shall mean termination of Executive in accordance with any retirement policy established with Executive's consent with respect to him. Upon termination of Executive upon Retirement, no amounts or benefits shall be due Executive under this Agreement and the Executive shall be entitled to all benefits under any retirement plan of the Bank and other plans to which Executive is a party.

TERMINATION UPON RETIREMENT. If the Termination Event is due to the Retirement of Executive, Executive shall be entitled to receive, as soon as practicable following the date of termination: (i) any Accrued Obligations, plus (ii) an amount equal to the Incentive Bonus paid or earned but unpaid to Executive in respect of the previous year, pro-rated for the period from the beginning of the then current year and ending on the date of termination, payable in a lump sum as soon as practicable following the date of such termination, but only if Executive retires effective as of the expiration of the Term of this Agreement, plus (iii) continued vesting all Incentive Equity, plus (iv) a period equal to the full length of the remaining term (as set forth in the applicable grant notice) to exercise any vested stock options;

TERMINATION UPON RETIREMENT. If, prior to the Expiration Date, the Executive, prior to the normal retirement date (as determined by the Committee), retires with the consent of the Company, as determined by the Committee, the Executive shall be entitled to exercise this Option on the same basis, terms and conditions as set forth above in clause (d).