DEFERRAL AMOUNT AT AGE SIXTY Sample Clauses

DEFERRAL AMOUNT AT AGE SIXTY. FIVE. On _______'s reaching age sixty-five (65) and his employment by the Corporation not having been terminated as provided for in subsections (b) and (c) below prior to such date, he shall be entitled to, and the Corporation agrees to pay, payments equaling Twenty-Five Thousand and 00/100 Dollars ($25,000.00) per year for a period of fifteen (15) years. _______ shall be entitled to the payments without regard to whether he continues in the employment of the Corporation after age sixty-five (65).
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Related to DEFERRAL AMOUNT AT AGE SIXTY

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