Earliest Retirement Date definition
Examples of Earliest Retirement Date in a sentence
Employee shall be continuously employed by the Company until Employee's Earliest Retirement Date or his death, whichever first occurs.
Subject to the limitations on exercise set forth below, if a Participant ceases to be in Continuous Service with the Employer as a result of the Participant’s Retirement (as defined below) at any time on or after the Earliest Retirement Date (as set forth on the first page of this Agreement), all the unvested Option Shares shall continue to vest and become exercisable according to the percentages and Vesting Dates (as set forth on the first page of this Agreement).
If the Participant ceases to be in Continuous Service with the Employer prior to the Final Vesting Date as a result of the Participant's Retirement at any time on or after the Earliest Retirement Date (as set forth on the first page of this Agreement), any Restricted Stock Units that have not vested prior to the date of the Participant's Retirement, shall continue to vest according to the percentages and dates (as set forth on the first page of this Agreement).
If a Participant shall, upon reaching his Earliest Retirement Date, or at any time thereafter, elect early retirement and shall thereupon retire, the Committee shall certify said fact to the Trustee and his Distributive Share shall be paid to him as if he had retired under the normal retirement provisions of this Plan and benefits shall be distributed under one of the methods provided for above.
The Earliest Retirement Date under this Plan is the date on which the Participant is fully vested, has attained the age of fifty-five (55) and completed at least ten (10) Years of Service.