Common use of Upon Death or Retirement Clause in Contracts

Upon Death or Retirement. Upon the death or Retirement of Employee, Employee’s employment under this Agreement will terminate automatically and without further notice, effective as of the date of death or Retirement. For all purposes of this Agreement, “Retirement” means Employee’s termination of employment under the terms of the applicable Nordson retirement plan as in effect immediately before the Change in Control Date.

Appears in 4 contracts

Samples: Change in Control Retention Agreement (Nordson Corp), Change in Control Retention Agreement (Nordson Corp), Change in Control Retention Agreement (Nordson Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!