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].

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 Employee. If a Change of Control (as such term is defined in Paragraph 6(c)(ii) below) occurs during the Term of this Agreement, the Executive may elect by written notice given to the Bank at any time within six (6) months after such Change of Control to terminate the employment of the Executive by the Bank whereupon the Executive will become an "Early Retirement Employee" and will be entitled to receive such payments as are provided hereafter in this Paragraph 6. Such election and the termination of the Executive's employment shall become effective on the first day of the second calendar month commencing after delivery of such notice (the "Early Retirement Effective Date").

Subject to [Subparagraph III(F)], should the Executive elect Early Retirement or be discharged without cause by the Bank subsequent to the Early Retirement Date [[Subparagraph I(D)]], the Executive shall be entitled to receive a reduced annual benefit amount as set forth in Exhibit A-22], based on the Executive’s age at Early Retirement. Said payments to commence thirty (30) days following the Executive’s Early Retirement Date. Such payments shall be made in equal monthly installments [1/12th of the annual benefit for a period of thirteen (13) years]. Upon completion of the aforestated payments and commencing the next month subsequent thereto, the Executive shall be entitled to receive a reduced Index Retirement Benefit [[Subparagraph I(F)]] amount as set forth in Exhibit A-22], based on the Executive’s age at Early Retirement, which benefit shall be paid to the Executive until his death at which time said benefit shall cease. For the avoidance of doubt, when Early Retirement occurs prior to age sixty-five (65), the reduced annual benefit as set forth in Exhibit A-22], based on the Executive’s age at Early Retirement, will apply to the age sixty-six (66) benefit listed on Exhibit A-11], to the age sixty-six benefit listed on [Exhibit A-1A]A], and to the Index Retirement Benefit listed on Exhibit A-33].

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.

Adjustments for Early Retirement. In the event a Participant incurs a Separation from Service prior to the Participant’s Normal Retirement Date, the Participant’s Supplemental Retirement Benefit shall be adjusted in the same manner that the Participant’s Accrued Benefit under the Pension Plan would be adjusted had such Participant elected to receive his Accrued Benefit under the Pension Plan # in the same form that the Participant elected to receive his Supplemental Retirement Benefit and # commencing on the later of the first day of the month next following his # Separation from Service or # 55th birthday.

Amount of Early Retirement Supplemental Benefit. The monthly supplemental retirement benefit payable to a Participant who retires prior to Normal Retirement Date shall be an amount equal to 1/12th of 55 percent of the Highest Average Three-Year Compensation, reduced by all of the following that are applicable:

“Retirement” shall mean early or normal retirement under the Company’s Retirement Plan for Salaried Employees.

Early Retirement – In the case of a participant who has attained age 60 and completed 7 years of service before his normal retirement age, the participant's right to his account balance(s) shall be 100% vested and nonforfeitable. Such participant may retire before his normal retirement age without the consent of the employer and receive payment of benefits from the plan. If a participant separates from service before satisfying the age requirement for early retirement, but has satisfied the service requirement, the participant shall be entitled to elect an early retirement benefit upon satisfaction of such age requirement.

Early Unwind. In the event the sale by [[Organization B:Organization]] of the [Base Convertible Securities]53[Optional Convertible Securities]54 is not consummated pursuant to the Purchase Agreement for any reason by the close of business in New York on ​, 202355 (or such later date as agreed upon by the parties) (​, 2023 or such later date being the “Early Unwind Date”), the Transaction shall automatically terminate (the “Early Unwind”) on the Early Unwind Date and the Transaction and all of the respective rights and obligations of [[Organization A:Organization]] and [[Organization B:Organization]] hereunder shall be cancelled and terminated. Following such termination and cancellation, each party shall be released and discharged by the other party from, and agrees not to make any claim against the other party with respect to, any obligations or liabilities of either party arising out of, and to be performed in connection with, the Transaction either prior to or after the Early Unwind Date. [[Organization A:Organization]] and [[Organization B:Organization]] represent and acknowledge to the other that upon an Early Unwind, all obligations with respect to the Transaction shall be deemed fully and finally discharged.