Early Retirement Date. The [[Team Member:Person]]’s Service terminates on or after the [[Team Member:Person]]’s Early Retirement Date and the Company receives a valid unrevoked Release Agreement from the [[Team Member:Person]]. “Early Retirement Date” is the date that is # on or prior to the [[Team Member:Person]]’s termination of Service, # at or after attaining age 45 and prior to attaining age 55 and completing at least 15 years of Service (which 15 years need not be continuous), # if the [[Team Member:Person]]’s termination of Service is voluntary, at least six months after the [[Team Member:Person]] commenced discussions with the Company’s Chief Executive Officer or most senior human resources executive regarding the [[Team Member:Person]]’s consideration of termination, and # the following additional requirements are satisfied, to the extent applicable: # if the [[Team Member:Person]]’s Early Retirement Date occurs prior to the [[Team Member:Person]]’s attainment of age 48, the [[Team Member:Person]] was providing Service for at least the first 24 months of the Performance Period, # if the [[Team Member:Person]]’s Early Retirement Date occurs prior to the [[Team Member:Person]]’s attainment of age 52 and on or after attainment of age 48, the [[Team Member:Person]] was providing Service for at least the first 18 months of the Performance Period, and # if the [[Team Member:Person]]’s Early Retirement Date occurs prior to the [[Team Member:Person]]’s attainment of age 55 and on or after attainment of age 52, the [[Team Member:Person]] was providing Service for at least the first 12 months of the Performance Period.

Early Retirement Distribution. A Participant who remains in the employ of the Employer until his Early Retirement Age (and is not entitled to a distribution by reason of an Involuntary Termination pursuant to [Section 5.3(a)]) will receive an Early Retirement Benefit equal to the vested balance of his Account as of the date of his Retirement. Payment of the Early Retirement Benefit will begin on the first day of the second calendar month following the date of the Participant's Retirement; provided, that the Participant timely elected (or was deemed to have timely elected) to receive an Early Retirement Benefit pursuant to [Section 3.1(b)] and did not subsequently elect to defer such payment pursuant to [Section 5.7]. Except as provided in [Section 10.3], distribution of the Early Retirement Benefit will be made in the form of equal annual installments through the date the Participant attains age eighty (80). Distributions will be made in the form of cash or Stock, depending on the Participant's investment crediting rates as provided in [Section 4.4]. The commencement of the payment of the Early Retirement benefit will be subject to the six (6) month delay applicable to Key Employees under [Section 5.4].

Term/Early Occupancy. The term ("Term") of this Sublease shall commence on the later of # December 1, 2021, # the date of Landlord’s approval of this Sublease, and # (unless waived by Subtenant in writing) the date on which Sublandlord delivers the Subleased Premises to Subtenant in vacant broom clean condition (except for agreed FF&E, as defined below) and otherwise in the condition described in the first (1st) sentence of Paragraph 4 hereof (the “Required Condition”) (the "Commencement Date"). This Sublease shall terminate on the earliest to occur of # the date twenty four (24) months following the Commencement Date (the "Expiration Date"), # the date this Sublease is sooner terminated pursuant to its terms, or # the date the Master Lease is sooner terminated pursuant to its terms. Sublandlord agrees to cooperate with Subtenant to allow Subtenant access to the Subleased Premises, if possible, prior to the Commencement Date ("Early Occupancy Period") to allow Subtenant to install and set up furniture, fixtures and equipment (the “FF&E”). Sublandlord, Subtenant and Sublandlord’s contractor shall work together to coordinate such early access. During such Early Occupancy Period, Subtenant shall be subject to all of the terms and conditions of this Sublease except for the payment of Base Rent and Additional Rent.

Early Retirement Benefit. In the event the Participant’s Commencement Date precedes his Normal Retirement Date, his Retirement Benefit shall be the amount determined under [Section 3.1] of the Plan, reduced by the standard early retirement reduction factors set forth in Rider No. 1 to the Crown Cork & Seal Company, Inc. Pension Plan (or any successor plan thereto) for the period by which his Commencement Date precedes his Normal Retirement Date.

Forfeiture; Early Vesting. If Participant ceases to provide Service as an Eligible Person for the Company or any Affiliate, whether or not terminated for “Cause,” prior to vesting of the Units pursuant to Section 2 or Section 4 hereof, all of Participant’s rights to all of the unvested Units shall be immediately and irrevocably forfeited, except that # if Participant ceases to provide Service for the Company by reason of Disability (as defined below) prior to the vesting of Units under Section 2 or Section 4 hereof or # if Participant ceases to provide Service for the Company by reason of death prior to the vesting of Units under Section 2 or Section 4 hereof, all Units granted hereunder shall vest as of such termination of Service.

Each Lender acknowledges and agrees that, notwithstanding anything to the contrary contained in this Issuer Agreement, any Loan Document or any other agreement, in no event shall the Partnership be required to exercise the Early Call Option, and the Partnership may exercise, or refrain from exercising, its rights with respect to the Early Call Option in its sole discretion.

Pursuant to and in accordance with Section 7.02 of the LLC Agreement, as modified by the Exercise Agreement, NEP Member hereby notifies Blocker Parent, in its capacity as the owner of all of the issued and outstanding Blocker Interests and the sole member of the Blocker, of the exercise by NEP Member of the Early Call Option. This notice represents the Early Call Option Notice required to be delivered to Blocker Parent pursuant to [Section 7.02(b)] of the LLC Agreement and the Exercise Agreement.

The Class B Member hereby irrevocably waives any requirement, or condition to NEP Member’s right to exercise the Early Call Option, that there shall be an effective registration statement on file with the Commission covering resales of the NEP Common Units issued as part of the Early Call Option Purchase Price.

Exercise. Options and SARs shall be exercisable in accordance with such terms and conditions and during such periods as may be established by the Committee.

Exercise. You (or your representative, upon your death) may exercise any vested portion of this Option at any time during its term by giving written notice to Arrow’s stock administrator and making payment to Arrow in an amount equal to the per Share exercise price times the number of Shares you wish to exercise, plus applicable taxes.