Retirement in Good Standing definition

Retirement in Good Standing means: (i) in the United States and Canada, termination of employment after the date the Grantee reaches (A) age 55 and the Grantee has 10 or more years of service with the Company and its Subsidiaries, or (B) age 65, regardless of years of service with the Company and its Subsidiaries; and (ii) in all other jurisdictions, retirement, as determined by the Committee in its sole discretion.
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Retirement in Good Standing means: (i) in the United States and Canada, termination of employment either voluntarily or involuntarily, other than for Cause, after the date the Grantee (A) reaches age 55 and the Grantee has 10 or more years of service with the Company and its Subsidiaries, or (B) reaches age 65, regardless of years of service with the Company and its Subsidiaries; or in all other jurisdictions, retirement, as determined by the Committee in its sole discretion; and (ii) the Committee has approved that such termination will be treated as a Retirement in Good Standing.
Sample 1
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.
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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 Employer terminates as a result of a Retirement in Good Standing (as defined in Section 14).

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

  • Any dispute, controversy or claim arising out of or in connection with this DPA will be primarily sought to be resolved through negotiations between the parties or, to the extent applicable, any defined dispute resolution process contained within the Agreement.

  • 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).

  • If the Grantee: • Incurs a Retirement in Good Standing before the end of the first fiscal year of the Company since the start of the Performance Period, the Award is forfeited.

  • 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).

  • The following provision supplements Section 14(c) of the Agreement: In addition, in order to be eligible for extended vesting associated with a Retirement in Good Standing under Section 3(a) of this Agreement or any other prior award of restricted stock units under the plan, the Grantee must also have been continuously employed through the Initial Retirement Eligibility Date.

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


More Definitions of Retirement in Good Standing

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.
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Retirement in Good Standing means: (i) in the United States and Canada, termination of employment either voluntarily or involuntarily, other than for Cause, after the date the Grantee: (A) reaches age 55 and the Grantee has 10 or more years of continuous service (i.e., without any termination of service) with the Company and its Subsidiaries on or before the Grantee’s date of termination; or (B) reaches age 65, regardless of years of service with the Company and its Subsidiaries; or in all other jurisdictions, retirement, as determined by the Committee in its sole discretion; and (ii) the Committee has approved that such termination will be treated as a Retirement in Good Standing.
Sample 1
Retirement in Good Standing means: i. in the United States and Canada, termination of employment after the date the Optionee reaches (A) age 55 and the Optionee has 10 or more years of service with the Company and its Subsidiaries, or (B) age 65, regardless of years of service with the Company and its Subsidiaries; ii. in all other jurisdictions, retirement, as determined by the Committee in its sole discretion; iii. you have provided at least 120 days advance written notice of your intent to retire (and during the period from the date of such advance written notice to the date of your termination, your employment has not been terminated for Cause); and iv. the Committee has approved that such termination will be treated as a Retirement in Good Standing.
Sample 1
Retirement in Good Standing means: (i) in the United States and Canada, termination of employment either voluntarily or involuntarily, other than for Cause, after the date the Optionee reaches: (A) age 55 and the Optionee has 10 or more continuous years of service (i.e., without any termination of service) with the Company and its Subsidiaries on or before Optionee’s date of termination; or (B) age 65, regardless of years of service with the Company and its Subsidiaries; or in all other jurisdictions, retirement, as determined by the Committee in its sole discretion; (ii) you have provided at least 120 days advance written notice of your intent to retire (and during the period from the date of such advance written notice to the date of your termination, your employment has not been terminated for Cause); and (iii) the Committee has approved that such termination will be treated as a Retirement in Good Standing.
Sample 1
Retirement in Good Standing means: (i) in the United States and Canada, termination of employment either voluntarily or involuntarily, other than for Cause, after the date the Optionee reaches (A) age 55 and the Optionee has 10 or more years of service with the Company and its Subsidiaries, or (B) age 65, regardless of years of service with the Company and its Subsidiaries; or in all other jurisdictions, retirement, as determined by the Committee in its sole discretion; (ii) you have provided at least 120 days advance written notice of your intent to retire (and during the period from the date of such advance written notice to the date of your termination, your employment has not been terminated for Cause); and (iii) the Committee has approved that such termination will be treated as a Retirement in Good Standing.
Sample 1

Related to Retirement in Good Standing

  • In good standing means, in respect of a registrant,

  • 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.

  • Professional limited liability company means a limited

  • Individual with a disability means an individual who:

  • Foreign limited liability partnership means a partnership that:

  • Business owned by a person with a disability means a business concern that is at least 51% owned by one or more persons with a disability and the management and daily business operations of which are controlled by one or more of the persons with disabilities who own it. A not- for-profit agency for persons with disabilities that is exempt from taxation under Section 501 of the Internal Revenue Code of 1986 is also considered a "business owned by a person with a disability".

  • Child with a disability means a child who, by reason of any of the following, needs special education and related services:

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • 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.

  • Specific learning disability (SLD) means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia.

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

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

  • Foreign nonprofit corporation means an entity:

  • Employee organization means any organization, union, or

  • 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.

  • Person with a disability means a person who is a citizen or lawful resident of the United States and is a person qualifying as a person with a disability under subdivision (2.1) of this subsection (A).

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

  • Limited line credit insurance producer means a person who sells, solicits, or negotiates one or more forms of limited line credit insurance coverage to an individual through a master, corporate, group, or individual policy.

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

  • Seriously disabled means a person with severe physical or sensory disabilities.