Actions of Majority. Any act delegated by the Company to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 14 contracts
Samples: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/), 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), 401(k) Savings Plan and Trust Agreement (Advo Inc)
Actions of Majority. Any act delegated by the Company Plan Sponsor to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 1 contract
Samples: Financial Security Plan and Trust Agreement (Caliber System Inc)
Actions of Majority. Any act delegated by the Company Administrator to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 1 contract
