Common use of Administration of Plan Clause in Contracts

Administration of Plan. The Plan is administered by the Committee appointed by the Company’s Board of Directors. The Committee has the authority to construe and interpret the Plan, to make rules of general application relating to the Plan, and to amend outstanding awards pursuant to the Plan.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Pinnacle Bankshares Corp), Incentive Stock Option Agreement (Pinnacle Bankshares Corp), Restricted Stock Agreement (Pinnacle Bankshares Corp)

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Administration of Plan. The Plan is administered by the a Committee appointed by the CompanyCorporation’s Board of Directors. The Committee has the authority provided to construe and interpret the Plan, to make rules of general application relating to the Plan, and to amend outstanding awards pursuant to it in the Plan.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (Fauquier Bankshares Inc), Restricted Stock Grant Agreement (Fauquier Bankshares Inc)

Administration of Plan. The 2004 Plan is and the Plan are administered by the a Committee appointed by the Company’s Board of Directors. The Committee has the authority to construe and interpret the 2004 Plan and the Plan, to make rules of general application relating to the Plan, 2004 Plan and the Plan and to amend outstanding awards pursuant to the he 2004 Plan and the Plan.

Appears in 1 contract

Samples: Performance Unit Agreement (Cadmus Communications Corp/New)

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Administration of Plan. The Plan is to be administered by the ---------------------------------- Employee Relations Committee appointed by of the Company’s Board of Directors. The Committee has Company or other administrative committee provided for in the authority to construe and interpret the Plan, to make rules of general application relating to the Plan, and to amend outstanding awards pursuant to the PlanPlan ("Committee").

Appears in 1 contract

Samples: Employee Stock Ownership Trust (Colgate Palmolive Co)

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