OR RETIREMENT definition

OR RETIREMENT. The County shall make a cash payment of 25% of all unused sick leave upon occurrence of the following:
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OR RETIREMENT. The County shall make a payment of 100% of all unused sick leave upon occurrence of the following:
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OR RETIREMENT means the Executive Securityholder's retirement from employment with the Company or any of its Subsidiaries at any time after he reaches age 61.
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Examples of OR RETIREMENT in a sentence

  • PAYMENTS IN THE EVENT EMPLOYMENT IS TERMINATED OTHER THAN BY DEATH, DISABILITY, OR RETIREMENT.

  • TERMINATION FOR CAUSE, TERMINATION OTHER THAN FOR CAUSE, TERMINATION FOR GOOD REASON, TERMINATION OTHER THAN FOR GOOD REASON OR RETIREMENT.

  • EMPLOYMENT IS TERMINATED BY REASON OTHER THAN DISABILITY, SALE OF BUSINESS, EARLY RETIREMENT OR RETIREMENT.

  • AMOUNTS ALLOCATED TO THE FIXED PLUS ACCOUNT ARE NOT AVAILABLE AS A LUMP SUM WITHDRAWAL, OTHER THAN DUE TO DEATH, SEPARATION FROM SERVICE, OR RETIREMENT, OR AS OTHERWISE ALLOWED BY THE CONTRACT.

  • FOR REASON OTHER THAN --------------------------------------------------------------------------- DEATH, DISABILITY OR RETIREMENT.

  • CALCULATION OF FINAL SALARY UPON TERMINATION, RESIGNATION OR RETIREMENT In the event an employee resigns, is terminated or retires, the final salary shall be calculated based on an th th th annual basis.

  • In the event your employment or OR RETIREMENT service is terminated due to your death, Disability or Retirement, the entire unvested portion of your Non-Statutory Stock Option Award will immediately vest and the unexercised portion of your Non-Statutory Stock Option Award will remain exercisable until the earlier of: (i) the original expiration of your Option grant; or (ii) the second anniversary of your termination of employment or service.

  • The current number of shares which Comlink has outstanding (prior to the cancellation OR RETIREMENT set out in item 3 above) are 63,360,000 COMMON shares AND NO PREFERRED SHARES.

  • Any dispute between first party and second party arising out of the interpretation or implementation of any clause or attachment with this agreement, shall be first settled amicably between the parties within sixty days of one party notifying the other by the dispute, otherwise, if the amicable efforts failed then the dispute should settled by the arbitration according to Saudi arbitration law.

  • In the event your employment is terminated OR RETIREMENT due to your death, Disability or Retirement, the entire unvested portion of your Incentive Stock Option Award will immediately vest and the unexercised portion of your Incentive Stock Option Award will remain exercisable until the earlier of (i) the original expiration of your option grant, or (ii) the second anniversary of your termination of employment.


More Definitions of OR RETIREMENT

OR RETIREMENT. The County shall make a cash payment of 25% of
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OR RETIREMENT. The term "retire or retirement" will refer to an employee of Lane County who retires for service or disability, and who immediately upon leaving active employment begins receiving retirement benefits under the Public Employee's Retirement System applicable to employees of Lane County.
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OR RETIREMENT means the planned and voluntary termination by the Executive of his employment on or after reaching the earliest retirement age permitted by the Financial Institutions Retirement Fund. Term of the Agreement means the period which commences on the Effective Date and, unless earlier terminated pursuant to Section 6, ends on December 31, 2028. The “Term of the Agreement” shall also include, as applicable, each subsequent one-year renewal period following the automatic renewal of this Agreement pursuant to Section 3, to the extent such automatic renewals occur.
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OR RETIREMENT means the full payment or provision for the full payment of the Water System indebtedness (existing on Contract Date) in accordance with the requirements of the Local Bond Law (N.J.S.A. 40A:2-1, et seq.) and the Internal Revenue Code of 1986, as amended and supplemented. "Revenues" - means all rates, fees, rents, charges and service charges and other income derived or to be derived in cash from or for the ownership, the operation, the direct or indirect connection with, and the use or the services of the System and all amounts paid into and credited to the Revenue Fund in accordance with the Agreement.
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Related to OR RETIREMENT

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Special Retirement means the Termination of Employment of Employee with the Company and all Subsidiaries at or after (i) age 55 or (ii) age 50 and completion of at least 10 years of service with the Company and all Subsidiaries.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Disability retirement for plan 1 members, means the period

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.