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.

• Special Separation Program All benefits under this Special Separation Program are contingent upon the Separated Retirement Eligible Employee signing (and, if a revocation period is applicable, not revoking) the Separation Letter.

• If you have been designated as a Separated Retirement Eligible Employee, the Company will provide you with a separation letter (the “Separation Letter”) that will describe the Special Separation Program benefits for which you are eligible and will include a release of legal claims against the Company, and may also include other terms, such as non-solicitation and non-competition provisions, as the Company in its sole discretion decides to include.

• In the event of Qualified Retirement, Eligible Employee is required to comply with all the conditions set forth in Sections 7.1, 7.4 and 7.5.

• 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.

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

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 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 an individual who meets the

Retirement Eligible Employee means an individual who meets the requirements for retirement under subsection (a) or (b) of section 8412, but who does not meet the requirements for retirement under subsection (d) or (e) of that section; and