Common use of Action by Committee Clause in Contracts

Action by Committee. The Committee shall have the authority, in its sole and absolute discretion, to remove any or all of the restrictions applicable to such Shares of Restricted Stock whenever the Committee may determine that such action is appropriate by reason of changes to applicable tax or other laws.

Appears in 16 contracts

Samples: Restricted Stock Award Agreement (Vsee Health, Inc.), Restricted Stock Award Agreement (Neonc Technologies Holdings, Inc.), Restricted Stock Award Agreement (Neonc Technologies Holdings, Inc.)

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Action by Committee. The Committee shall have the authority, in its sole and absolute discretion, to remove any or all of the restrictions applicable to such Shares shares of Restricted Stock whenever the Committee may determine that such action is appropriate by reason of changes to applicable tax or other laws.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Greater Bay Bancorp), Restricted Stock Award Agreement (Greater Bay Bancorp), Restricted Stock Award Agreement (Greater Bay Bancorp)

Action by Committee. The Committee shall have the authority, in its sole and absolute discretion, to remove any or all of the restrictions applicable to such Shares of the Restricted Stock Share Units whenever the Committee may determine that such action is appropriate by reason of changes to applicable tax or other laws.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Vsee Health, Inc.), Restricted Share Unit Award Agreement (Neonc Technologies Holdings, Inc.)

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Action by Committee. The Committee shall have the authority, in its sole and absolute discretion, to accelerate the time at which any or all Shares granted hereby shall vest, or to remove any or all of the restrictions Restrictions applicable to such Shares of Restricted Stock whenever the Committee may determine that such action is appropriate by reason of changes to applicable tax or other laws.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Greater Bay Bancorp)

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