Retirement Eligible Employee definition

Retirement Eligible Employee means those Employees being either (i) age 55 or older with 10 years of service or (ii) age 65 or older with at least 5 years of service on their Termination Date.

Retirement Eligible Employee means a VF Employee or a Kontoor Brands Employee who, as of the Distribution Date, is age 55 or older and has worked for VF or Kontoor Brands for 10 years or more.

Retirement Eligible Employee means an employee who has attained age 65 and completed 10 years of employment with Company and its Subsidiaries. For avoidance of doubt, an employee’s prior service with an entity - 3 - that is acquired (or the assets of which are acquired) by the Company or a Subsidiary shall not count towards an employee’s service with the Company and its Subsidiaries for this purpose.

Examples of Retirement Eligible Employee in a sentence

• A Participant who is not a Retirement Eligible Employee shall have their Account balance valued as of the Evaluation Date first following their Termination Date.

• Effective as of the Distribution Date, each VF Option that is outstanding immediately prior to the Distribution Date and held by a VF Participant who is not a Retirement Eligible Employee shall be adjusted to reflect the Distribution and become an Adjusted VF Option.

• Social AI systems are also used in the energy sector, e.g. citizens optimise the energy consumption in buildings.

• The Participant may elect that, in the event that he is a Retirement Eligible Employee at his Termination Date, the distribution of the applicable portion of his Elective Deferrals (plus any earnings thereon) be paid to him in annual installments of 10 years rather than as a lump sum.

• Effective as of the Distribution Date, each VF Option that is outstanding immediately prior to the Distribution Date and held by a Retirement Eligible Employee, whether a Kontoor Brands Participant or a VF Participant, shall be adjusted to reflect the Distribution and become an Adjusted VF Option.

More Definitions of Retirement Eligible Employee

Retirement Eligible Employee means WNMU employees who work more than 9 hours per week, but less than 30 hours per week, and who are eligible to contribute to the university’s 401(a) retirement plan, but not eligible to participate in other employee benefit programs.

Retirement Eligible Employee means any Employee of the Company Group who has reached his or her Eligible Employee Retirement Date. ​ ​

Retirement Eligible Employee means an Employee who is at least 55 years of age and for whom the sum of the Employee’s age and years of service to the Company Group, which need not be consecutive, totals at least 65; provided that the years of services to the Company Group must be equal to or greater than five.

Retirement Eligible Employee has the meaning set forth in Section 5.14(c).

Retirement Eligible Employee means any employee of the Company who is not an Executive Officer and (a) whose age plus Years of Service is equal to or greater than 70, or (b) who has been employed with the Company for a minimum of 5 years and whose age is equal to or greater than 62.

Retirement Eligible Employee means those Employees being either (i) age 55 with 10 years of service or (ii) age 65 with 5 years of service on their Termination Date.

Retirement Eligible Employee means an individual who meets the