Common use of Retirement and Resignation Clause in Contracts

Retirement and Resignation. Executive’s employment with the Company will end on the Retirement Date. To effect Executive’s retirement, Executive hereby resigns, as of the Retirement Date, as a director and from each and every office with the Company. Executive agrees to execute documents in a form satisfactory to the Company to effectuate any such resignations.

Retirement and Resignation. Effective on the date hereof, the Executive’s employment with shall terminate, and the Executive shall cease to be an officer and employee of the Company will end on and its subsidiaries and affiliates. In addition, the Retirement Date. To effect Executive’s retirement, Executive hereby resigns, as of the Retirement Date, resigns from his positions as a director and from each and every office with the Company. Executive agrees to execute documents in a form satisfactory to of the Company to effectuate any such resignationsand its subsidiaries and affiliates.