Approved Early Retirement definition

Approved Early Retirement means the Executive's voluntary termination of employment with the Company at or after attaining age 55 but prior to attaining age 60, if such termination is approved in advance by the Committee.

Approved Early Retirement shall have the meaning set forth in Section 10(f) below.

Approved Early Retirement means the Executive’s voluntary termination of employment with the Company at or after attaining age 55 but prior to attaining age 60, if such termination is approved in advance by the Committee.

Examples of Approved Early Retirement in a sentence

• In such latter case, it shall be deemed to commence as of the Approved Early Retirement Date.

• At the time Executive's employment terminates due to Normal Retirement, Approved Early Retirement, or death, the Term will terminate.

• Notwithstanding any implication to the contrary, the Executive shall not have the right to terminate his employment with the Company during the Term of Employment except in the event of a Constructive Termination Without Cause, Approved Early Retirement, or Normal Retirement, and any voluntary termination of employment during the Term of Employment in violation of this Agreement shall be considered a material breach.

• Notwithstanding any implication to the contrary, Executive shall not have the right to terminate his employment with the Company during the Term of Employment except in the event of a Constructive Termination Without Cause, Approved Early Retirement, or Normal Retirement, and any voluntary termination of employment during the Term of Employment in violation of this Agreement shall be considered a material breach.

• This section does not apply to terms and conditions that fall under a Board Approved Early Retirement Program.

More Definitions of Approved Early Retirement

Approved Early Retirement means, with respect to an Executive, severance from employment with the Company for reasons other than death prior to Normal Retirement that the board of directors of the Company or, upon and after a Change in Control Event, the Administrator has determined pursuant to this Plan is an Approved Early Retirement.

Approved Early Retirement means, with respect to an Executive, severance from employment with the Company for reasons other than death prior to Normal Retirement that the Administrative Committee or, upon and after a Change in Control Event, the Administrator has determined pursuant to this Plan is an Approved Early Retirement. If so provided in an Executive’s Plan Agreement or in an employment agreement relating to his service with Company or any Affiliate, the Executive may be granted the right to an Approved Early Retirement at or after a specified date or event, in which case the Executive shall be considered entitled to retire on an Approved Early Retirement without any approval of the Administrative Committee or Administrator and thus vested in his Retirement Benefit provided he actually severs from employment with the Company for reasons other than death prior to Normal Retirement.

Approved Early Retirement means Optionee’s voluntary termination of employment with the Company at or after attaining age sixty (60) but prior to attaining age sixty-five (65), and the term “Normal Retirement” shall mean Participant’s voluntary termination of employment with the Company at or after attaining age sixty-five (65), in each case so long as:

Approved Early Retirement means the Participant’s voluntary termination of employment with the Company at or after attaining age sixty (60) but prior to attaining age sixty-five (65), and the term “Normal Retirement” shall mean Participant’s voluntary termination of employment with the Company at or after attaining age sixty-five (65), in each case so long as (i) Participant provides at least twelve (12) months’ advance notice to the Committee of his intent to take Approved Early Retirement or Normal Retirement, (ii) Participant fully cooperates with the Company in transitioning his duties during the period between the disclosure to the Committee of his intent to take Approved Early Retirement or Normal Retirement and his retirement date, (iii) Participant continues to be employed by the Company through the Approved Early Retirement or Normal Retirement date, and (iv) in the case of an Approved Early Retirement, the Committee approves such retirement.

Approved Early Retirement has the meaning set forth in Section 10(f) of the Employment Agreement.

Approved Early Retirement means the “early retirement” of Executive as an Employee under the early retirement provisions of the Retirement Plan as in effect from time to time, with the prior approval of the Board or the Committee, which prior approval of early retirement under this definition may be withheld for any reason or no reason (other than unlawful discrimination) and shall be required in order for such early retirement to constitute the Approved Early Retirement of Executive hereunder, even if such prior approval is not required for early retirement under the Retirement Plan generally.

Approved Early Retirement means Executive’s voluntary termination of employment with the Company at or after attaining age 55 but