Common use of Action by Employers Clause in Contracts

Action by Employers. Any action required or permitted to be taken by an Employer under the Plan shall be by resolution of its Board of Directors (the “Board”) or by such committee of the Board or other individuals or committee, including the Administration Committee, to which the Board has expressly delegated this power.

Appears in 2 contracts

Samples: Castle a M & Co, Castle a M & Co

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Action by Employers. Any action authorized or required or permitted to be taken by the Company or an Employer under the Plan shall be by resolution of its Board board of Directors (the “Board”) directors, by resolution of a duly authorized committee of its board of directors, or by a person or persons authorized by resolution of its board of directors or such committee of the Board or other individuals or committee, including the Administration Committee, to which the Board has expressly delegated this power.

Appears in 1 contract

Samples: Tribune Employee Stock Ownership Plan (Tribune Co)

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Action by Employers. Any action required or permitted to be taken by an Employer under the Plan shall be by resolution of its Board of Directors (the “Board”) or by such committee a person or persons authorized by resolution of the its Board or other individuals or committee, including the Administration Committee, to which the Board has expressly delegated this powerof Directors.

Appears in 1 contract

Samples: Castle a M & Co

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