Retirement in Good Standing definition

Retirement in Good Standing means termination of employment after the date Optionee reaches (i) age 55 and Optionee has 10 or more years of service with Sysco, or (ii) age 65, regardless of years of Sysco service.
Retirement in Good Standing means termination of employment after the date Grantee reaches (i) age 55 and Grantee has 10 or more years of service with Sysco, or (ii) age 65, regardless of years of Sysco service.
Retirement in Good Standing means: Form approved July 2022

Examples of Retirement in Good Standing in a sentence

  • Employment with the Company or an Affiliated Company terminates as a result of a Retirement in Good Standing (as defined in Section 14, below).

  • Employment with the Company or an Affiliated Company terminates as a result of a Retirement in Good Standing (as defined in Section 15, below).

  • Employment with the Employer terminates as a result of a Retirement in Good Standing (as defined in Section 15, below).

  • If employment terminates as a result of a Retirement in Good Standing prior to the first Vesting Date, the Option shall be forfeited in its entirety.

  • Retirement in Good Standing shall also mean the Participant has not been terminated for cause.

  • Employment with the Employer terminates as a result of a Retirement in Good Standing (as defined in Section 15).

  • This policy extends to all programs and activities supported by the seminary including hiring, training, promoting, salaries, transfers, and workingconditions.

  • Pennzoil48 Texaco suffered a ten and a half billion dollar judgment for tortious interference when it backed out of an LOI, which turned out to be a valid contract in the eyes of the Texas courts.

  • The Option shall continue to vest as if active employment continued for the entire vesting period if employment terminates as a result of a Retirement in Good Standing (as defined in Section 20, below) on or after the first Vesting Date.

  • The Option shall continue to vest as if active employment continued for the entire vesting period if employment terminates as a result of a Retirement in Good Standing (as defined in Section 19, below).


More Definitions of Retirement in Good Standing

Retirement in Good Standing means termination of employment after the date Grantee (i) reaches age 55 and Grantee has 10 or more years of service with the Company and its Affiliated Companies, as determined by the Committee, or (ii) age 65, regardless of years of service.

Related to Retirement in Good Standing

  • In good standing means a person who has not resigned or been suspended from membership or registration or had membership or registration revoked;

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Individual with a disability means an individual who:

  • Qualified individual with a disability means an individual with a disability who satisfies the requisite skill, experience, education and other job-related requirements of the employment position such individual holds or desires, and who, with or without reasonable accommodation, can perform the essential functions of such position.

  • Foreign entity means an entity other than a domestic entity.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Continuing care retirement community means a residential

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.