Normal Benefit Date definition

Normal Benefit Date means June 30, 2022.
Normal Benefit Date means the later of the Normal Benefit Age or the Director's Termination of Service.
Normal Benefit Date means the end of Plan Year 10.

Examples of Normal Benefit Date in a sentence

  • Upon Separation from Service after Normal Benefit Date, the Employer shall pay the Executive the Deferral Account balance calculated at Separation from Service.

  • If a Change in Control occurs, followed within twenty-four (24) months by a Separation from Service prior to Normal Benefit Date, the Employer shall pay the Executive the Deferral Account balance at Separation from Service, plus an additional amount equal to the Contributions remaining to be made in accordance with Article 2 provided, however, that no earnings per share requirement shall apply.

  • If the Executive experiences a Disability prior to Separation from Service and Normal Benefit Date, the Employer shall pay the Executive the Deferral Account balance at Disability, plus an additional amount equal to the Contributions remaining to be made in accordance with Article 2.

  • Subject to the general limitations of Article 7, upon the Director's Normal Benefit Date, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.

  • The Company shall pay the benefit to the Director in 120 equal monthly installments commencing on the first day of the month following the Director's Normal Benefit Date.


More Definitions of Normal Benefit Date

Normal Benefit Date shall be 30 days following Executive’s Separation from Service (other than due to death or Disability). In the event of Executive’s death, the Normal Benefit Date shall mean the first day of the second month following the month in which Executive’s death occurs. In the event of the Executive’s Disability, the Normal Benefit Date shall be the Benefit Age set forth in Executive’s Participation Agreement, unless the Executive has elected to have the Disability Benefit commence on the first day of the second month following the determination of Disability. Notwithstanding the above, in the event that the Company or its successor is a publicly traded company, then the Normal Benefit Date for any Executive who is a Specified Employee shall be 180 days following the Executive’s Separation from Service (other than due to death or Disability).
Normal Benefit Date means June 30, 2022 with respect to contributions made pursuant to Section 3(a) of this Agreement, and June 30, 2027 with respect to contributions made pursuant to Section 3(b) of this Agreement.
Normal Benefit Date means the date a Participant ceases to be a director of the Company, other than as a result of the death of such Participant.
Normal Benefit Date means the later of (i) the first day of the month following the month in which a Participant reaches Normal Retirement Age, or (ii) twelve (12) months after the Participant’s initial deferral into the Plan.
Normal Benefit Date means the date of Termination of Service of the Participant when he attains age sixty-five.
Normal Benefit Date means the date of Termination of Service of the Participant on or after he/she attains age 65 and has completed five Years of Service with the Company.
Normal Benefit Date shall be 90 days following Executive's Separation from Service (other than due to death or Disability). In the event of Executive's death, the Normal Benefit Date shall mean the first day of the second month following the month in which Executive's death occurs. In the event of the Executive's Disability, the Normal Benefit Date shall be the Benefit Age set forth in Executive's Participation Agreement, unless the Executive has elected to have the Disability Benefit commence on the first day of the second month following the determination of Disability.