Termination Upon Retirement Clause Example from Business Contracts

This example Termination Upon Retirement clause appears in 5 contracts from 1 company

Termination Upon Retirement. Termination of Executive's employment based on "Retirement" shall mean termination of Executive's employment at any time (other than a termination pursuant to Section 5) after Executive reaches age 65 or in accordance with any retirement policy established by the Board with Executive's consent as it applies to him. Upon termination of Executive based on Retirement, no amounts or benefits shall be due Executive under this Agreement, and Executive shall be entitled to all benefits under any retire...ment plan of the Bank and other plans to which Executive is a party, subject to the terms of such plan. View More