Common use of Authority of the Board Clause in Contracts

Authority of the Board. In making any decisions or taking any actions with respect to the matters covered by this Agreement, the Board of Directors of the Company or a designated committee of the Board, including, but not limited to, the Compensation Committee of the Board (collectively, the “Board”) shall have all of the authority and discretion, and shall be subject to all of the protections, provided for in the Plan. All decisions and actions by the Board with respect to this Agreement shall be made in the Board’s discretion and shall be final and binding on the Recipient.

Appears in 9 contracts

Samples: Restricted Stock Agreement (Cornerstone Therapeutics Inc), Restricted Stock Agreement (Cornerstone Therapeutics Inc), Restricted Stock Agreement (Cornerstone Therapeutics Inc)

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Authority of the Board. In making any decisions or taking any actions with respect to the matters covered by this Agreement, the Board of Directors of the Company or a designated committee of the Board, including, but not limited to, the Compensation Committee of the Board (collectively, the “Board”) shall have all of the authority and authority, discretion, and shall be subject to all of the protections, protections provided for in the Plan. All decisions and actions by the Board with respect to this Agreement shall be made in the Board’s discretion and shall be final and binding on the Recipient.

Appears in 4 contracts

Samples: Employment Agreement (Oxygen Biotherapeutics, Inc.), Employment Agreement (Oxygen Biotherapeutics, Inc.), Employment Agreement (Oxygen Biotherapeutics, Inc.)

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