Common use of Authority to Interpret Plan Clause in Contracts

Authority to Interpret Plan. Subject to the claims procedure set forth in Section 16 the Plan Administrator and the Committee shall have the duty and discretionary authority to interpret and construe the provisions of the Plan and to decide any dispute which may arise regarding the rights of Participants hereunder, including the discretionary authority to construe the Plan and to make determinations as to eligibility and benefits under the Plan. Determinations by the Plan Administrator and the Committee shall apply uniformly to all persons similarly situated and shall be binding and conclusive upon all interested persons.

Appears in 5 contracts

Samples: Executive Nonqualified Excess Plan (Ufp Technologies Inc), Executive Nonqualified Excess Plan (Proassurance Corp), Executive Nonqualified Excess Plan Document (Sandridge Energy Inc)

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Authority to Interpret Plan. Subject to the claims procedure set forth in Section 16 16, the Plan Administrator and the Committee shall have the duty and discretionary authority to interpret and construe the provisions of the Plan and to decide any dispute which may arise regarding the rights of Participants hereunder, including the discretionary authority to construe the Plan and to make determinations as to eligibility and benefits under the Plan. Determinations by the Plan Administrator and the Committee shall apply uniformly to all persons similarly situated and shall be binding and conclusive upon all interested persons.

Appears in 2 contracts

Samples: Adoption Agreement (Emc Insurance Group Inc), Adoption Agreement (Emc Insurance Group Inc)

Authority to Interpret Plan. Subject to the claims procedure set forth in Section 16 16, the Plan Administrator and the Committee shall have the duty and discretionary authority to interpret and construe the provisions of the Plan and to decide any dispute which may arise regarding the rights of Participants hereunder, including the discretionary authority to construe the Plan and to make determinations as to eligibility and benefits under the Plan. The Committee’s prior exercise of discretionary authority shall not obligate it to exercise its authority in a like manner thereafter. Determinations by the Plan Administrator and and/or the Committee shall apply uniformly to all persons similarly situated and shall be binding and conclusive upon all interested persons.

Appears in 2 contracts

Samples: Nonqualified Deferred Compensation Plan (Amc Entertainment Inc), Nonqualified Deferred Compensation Plan (Amc Entertainment Holdings, Inc.)

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Authority to Interpret Plan. Subject to the claims procedure set forth in Section 16 16, the Plan Administrator and the Committee shall have the duty and discretionary authority to interpret and construe the provisions of the Plan and to decide any dispute which may arise regarding the rights of Participants hereunder, including the discretionary authority to construe the Plan and to make determinations as to eligibility and benefits under the Plan. Determinations by the Plan Administrator and and/or the Committee shall apply uniformly to all persons similarly situated and shall be binding and conclusive upon all interested persons.

Appears in 2 contracts

Samples: Nonqualified Deferred Compensation Plan (Marquee Holdings Inc.), Nonqualified Deferred Compensation Plan (Amc Entertainment Inc)

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