Example ContractsClausesRetirement Vesting Date
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Retirement Vesting Date. In the event Holder reaches his Retirement Vesting Date prior to the Vesting Date, then irrespective of whether or not Holder experiences a Separation prior to the Vesting Date, Holder will be entitled to receive Performance Cash in an amount equal to the amount of Earned Performance Cash on the Vesting Date (which Performance Cash will be delivered to Holder on the Delivery Date), without any right to receive any additional Performance Cash pursuant to this Award, and without any proration of the amount of Performance Cash earned in such circumstances. Notwithstanding the foregoing, in the event Holder experiences a Separation after Holder’s Retirement Vesting Date but within 12 months of the Date of Grant, all rights to receive Performance Cash under this Award will be forfeited.

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Retirement Date. Your last day of employment with the Company shall be mutually agreed upon by and between you and the Corporate Executive Vice President – Global Chief People Officer, and in no event shall such date be prior to February 18, 2021 (the “Termination Date”). As a condition to the Company’s obligations under this Agreement, you will provide any transition services necessary to facilitate a smooth transition of your job responsibilities, and perform such other duties and responsibilities as reasonably requested by the Company through the Termination Date, taking into account your ability to do so in light of your diagnosis and based upon the advice of your physician. Effective as of the Termination Date, you will resign, or will have resigned, from all positions at the Company (and as a fiduciary of any benefit plan of the Company), and you shall be deemed to have resigned as of no later than the Termination Date. You will execute such additional documents as requested by the Company to evidence the foregoing.

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.

Normal Retirement Date. The Participant’s Normal Retirement Date is October 1, 2030.

Maximum number of shares for

Maximum number of shares for which this Option is exercisable:

Company Notice; Retirement Date. The Company shall provide the Executive with written notice promptly following its employment of a new chief financial officer to serve as the Executive’s successor (the “Successor Notice”), which notice shall specify the date on which such successor will assume the duties of the Company’s chief financial officer (the “Successor Effective Date”). If the Successor Effective Date set forth in the Successor Notice is:

the date of Holder’s Retirement Vesting Date, provided that such date is at least one year from the Date of Grant. In the event that Holder’s Retirement Vesting Date occurs prior to the first anniversary of the Date of Grant, the Vesting

Retirement. If Grantee’s employment is terminated at least six (6) months following the Grant Date as a result of Retirement, the Restricted Stock Units shall continue to vest through the Vesting Dates, and the Company will deliver to Grantee, or his or her legal representative, one Share for each Restricted Stock Unit vested on that date in accordance with paragraph 2.

Retirement. If the Retirement Conditions are satisfied, any outstanding unvested RSUs shall vest in full as of the date the last of the Retirement Conditions is satisfied, as applicable. The “Retirement Conditions” are: # the [[Team Member:Person]] attaining age 55 and completing at least 5 years of Service (which 5 years need not be continuous) on or prior to the [[Team Member:Person]]’s # voluntary termination of Service, or # termination of Service resulting from the Company’s elimination of the [[Team Member:Person]]’s position (“Position Elimination”), # the Company receiving a valid unrevoked Release Agreement from the [[Team Member:Person]], and # the [[Team Member:Person]] commencing discussions with the Company’s Chief Executive Officer or most senior human resources executive regarding the [[Team Member:Person]]’s consideration of termination at least six months prior to the [[Team Member:Person]]’s voluntary termination of Service. The Company, in its sole discretion, determines the cause of a [[Team Member:Person]]’s termination of Service, including whether the requirements of [Section 4(a)(i)(1) or 4(a)(i)(2)])] have been satisfied. If the Company determines a [[Team Member:Person]] not affected by a Position Elimination received a separation agreement, such [[Team Member:Person]] will not satisfy the requirements of [Section 4(a)(i)(1)].

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