Common use of Awards Clause in Contracts

Awards. The Plan shall be administered by the Committee or, in the absence of the Committee, the Plan shall be administered by the Board. The members of the Committee shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or appropriate in connection with the administration of the Plan with respect to Awards granted under the Plan.

Appears in 11 contracts

Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Dex Media, Inc.), Long Term Incentive Plan (Rex Energy Corp)

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Awards. The Plan shall be administered by the Committee or, in the absence of the CommitteeCommittee or in the case of awards issued to Directors, the Plan shall be administered by the Board. The members of the Committee (that is not itself the Board) shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or appropriate in connection with the administration of the Plan with respect to Awards granted under the Plan.

Appears in 8 contracts

Samples: 2010 Omnibus Incentive Plan (Viasat Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/)

Awards. The Plan shall be administered by the Committee or, in the absence of the Committee, the Plan shall be administered by the Board. The members of the Committee shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or appropriate in connection with the administration of the Plan with respect to Awards granted under the Plan. The Board shall administer the Plan with respect to the grant of Awards to Directors.

Appears in 2 contracts

Samples: 2006 Omnibus Incentive Plan (Weatherford International LTD), 2006 Omnibus Incentive Plan (Weatherford International LTD)

Awards. The Plan shall be administered by the Committee or, in the absence of the Committee, the Plan shall be administered by the Board. The members of the Committee shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or necessary, appropriate in connection with the administration of the Plan and with respect to Awards granted under the Plan. The Board, or a duly authorized committee thereof, shall administer the Plan with respect to the grant of Awards to Directors.

Appears in 2 contracts

Samples: 2016 Omnibus Incentive Plan (Energy Hunter Resources, Inc.), 2010 Omnibus Incentive Plan (Weatherford International LTD)

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Awards. The Plan shall be administered by the Committee or, in the absence of the CommitteeCommittee or in the case of awards issued to Outside Directors, the Plan shall be administered by the Board. The members of the Committee (that is not itself the Board) shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or appropriate in connection with the administration of the Plan with respect to Awards granted under the Plan.

Appears in 1 contract

Samples: 2012 Omnibus Incentive Plan (Independence Contract Drilling, Inc.)

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