Board Authority. The Board and/or the Committee shall have the power to interpret this Agreement and to adopt such rules for the administration, interpretation and application of this Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the Optionee, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees are similarly situated.
Appears in 17 contracts
Samples: Stock Option Agreement (Veralto Corp), Stock Option Agreement (Veralto Corp), Stock Option Agreement (Veralto Corp)
Board Authority. The Board and/or the Committee shall have the power to interpret this Agreement and to adopt such rules for the administration, interpretation and application of this the Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the Optionee, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees are similarly situated. No member of the Board and/or the Committee shall be personally liable for any action, determination or interpretation made in good faith with respect to this Agreement.
Appears in 15 contracts
Samples: Stock Option Agreement (Vontier Corp), Stock Option Agreement (Vontier Corp), Stock Option Agreement (Fortive Corp)
Board Authority. The Board and/or the Committee shall have the power to interpret this Agreement and to adopt such rules for the administration, interpretation and application of this the Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options PSUs have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the OptioneeParticipant, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees Plan participants are similarly situated.
Appears in 8 contracts
Samples: Performance Stock Unit Agreement (Veralto Corp), Performance Stock Unit Agreement (Envista Holdings Corp), Performance Stock Unit Agreement (Danaher Corp /De/)
Board Authority. The Board and/or the Committee shall have the power to interpret this Agreement and to adopt such rules for the administration, interpretation and application of this the Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the Optionee, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees are similarly situated.
Appears in 4 contracts
Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)
Board Authority. The Board and/or the Committee shall have the power to interpret this Option Agreement and to adopt such rules for the administration, interpretation and application of this the Option Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the Optionee, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees Optionees are similarly situated. No member of the Board and/or the Committee shall be personally liable for any action, determination or interpretation made in good faith with respect to this Option Agreement.
Appears in 4 contracts
Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)
Board Authority. The Board and/or the Committee shall have the power to interpret this the Agreement and to adopt such rules for the administration, interpretation and application of this the Agreement as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether any Options have vested). All interpretations and determinations made by the Board and/or the Committee in good faith shall be final and binding upon the Optionee, the Company and all other interested persons and such determinations of the Board and/or the Committee do not have to be uniform nor do they have to consider whether optionees are similarly situated.
Appears in 1 contract