Common use of Appointment of Committees Clause in Contracts

Appointment of Committees. To the extent Applicable Laws permit, the Board or the Administrator may delegate any or all of its powers under the Plan to one or more Committees or committees of officers of the Company or any of its Subsidiaries. The Board or the Administrator, as applicable, may rescind any such delegation, abolish any such committee or Committee and/or re-vest in itself any previously delegated authority at any time.

Appears in 2 contracts

Samples: Business Combination Agreement (L&F Acquisition Corp.), Merger Agreement (Locust Walk Acquisition Corp.)

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Appointment of Committees. To the extent Applicable Laws permit, the Board or the Administrator may delegate any or all of its powers under the Plan to one or more Committees or committees of officers of the Company or any of its Subsidiaries. The Board or the Administrator; provided, as applicablethat, may rescind any such delegation, abolish any such committee officer delegation shall exclude the power to grant Awards to non-employee Directors or Committee and/or re-vest in itself any previously delegated authority at any time.Section 16

Appears in 1 contract

Samples: Merger Agreement (FAST Acquisition Corp.)

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Appointment of Committees. To the extent Applicable Laws permit, the Board or the Administrator may delegate any or all of its powers under the Plan to one or more Committees or committees of officers of the Company or any of its SubsidiariesCommittees. The Board or the Administrator, as applicable, may rescind any such delegation, abolish any such committee Committee or Committee and/or re-vest in itself any previously delegated authority at any time.

Appears in 1 contract

Samples: Merger Agreement (Northern Genesis Acquisition Corp. II)

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