Retired Grantee definition

Retired Grantee means a Grantee who has terminated employment pursuant to a Normal Retirement.
Retired Grantee means Grantee, following Grantee’s termination of employment pursuant to a Normal Retirement.
Retired Grantee means Grantee, following Grantee’s termination of employment pursuant to a

Examples of Retired Grantee in a sentence

  • A Retired Grantee may elect to defer the distribution date of the Retired Grantee’s Shares issuable with respect to Restricted Stock or Restricted Stock Units for five additional years from the date payment would otherwise be made.

  • A Retired Grantee may elect to defer the distribution date of the Retired Grantee’s Shares issuable with respect to Restricted Stock Units for five additional years from the date payment would otherwise be made.

  • If Grantee becomes a Retired Grantee before Shares subject to an Initial Election under Paragraph 4.a are to be delivered, Grantee may make a Subsequent Election to defer all or any portion of such Shares for five additional years from the date delivery of Shares would otherwise be made.

  • It appears this contract will be based on unit pricing and/or hourly rates in some combination, given we cannot know exactly the final quantities of units or hours, the actual profit rate will vary from any number estimated and provided during the solicitation/bid process.

  • If Grantee becomes a Retired Grantee before Shares subject to an Initial Election under Paragraph 7(a) are to be delivered, Grantee may make a Subsequent Election to defer all or any portion of such Shares for a minimum of two additional years from the date delivery of Shares would otherwise be made, provided that such Shares shall be delivered in full on or before the fifth anniversary of Grantee's retirement.

  • A Retired Grantee may elect to defer the distribution date of the Retired Grantee's Restricted Stock for a minimum of two additional years from the date payment would otherwise be made (provided that if an Election is made pursuant to this Paragraph 8(d)(iv), the Retired Grantee's Account shall be distributed in full on or before the fifth anniversary of the Retired Grantee's Normal Retirement).

  • If Grantee becomes a Retired Grantee before Shares subject to an Initial Election under Paragraph 5(a) are to be delivered, Grantee may make a Subsequent Election to defer all or any portion of such Shares for a minimum of two additional years from the date delivery of Shares would otherwise be made, provided that such Shares shall be delivered in full on or before the fifth anniversary of Grantee's retirement.


More Definitions of Retired Grantee

Retired Grantee means Grantee, following Grantee’s termination of service pursuant to a Normal Retirement.
Retired Grantee means Grantee, following Grantee's termination of employment pursuant to a Normal Retirement.
Retired Grantee means a Grantee who has terminated employment pursuant to a Normal Retirement. (aaa) “R ule 16b-3” means Rule 16b-3 promulgated under the 1934 Act, as in effect from time to time.

Related to Retired Grantee

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Retired Employee means an employee of the state who retired after April 29, 1971,

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Retired member means any former member receiving a retirement allowance or any former member who has filed the necessary documents for retirement benefits and is no longer contributing to the retirement system;

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Disability retirement for plan 1 members, means the period

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • Continuing care retirement community means a residential

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • 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: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year 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.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

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