Common use of Board Authority Clause in Contracts

Board Authority. Any question concerning the interpretation of this Agreement or the Plan, any adjustments required to be made under the Plan, and any controversy that may arise under the Plan or this Agreement will be determined by the Company’s Board of Directors or a committee of directors designated by the Board pursuant to Section 4(a) of the Plan (including any subcommittee or other person(s) to whom the committee has delegated its authority) in its sole and absolute discretion (collectively, the “Board”). Such decision will be final and binding.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Cadence Design Systems Inc), Incentive Stock Award Agreement (Cadence Design Systems Inc), Restricted Stock Unit Agreement (Cadence Design Systems Inc)

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Board Authority. Any question concerning the interpretation of this Agreement or the Plan, any adjustments required to be made under the Plan, and any controversy that may arise under the Plan or this Agreement will shall be determined by the Company’s Board of Directors or a committee of directors designated by the Board pursuant to Section 4(a) of the Plan (including any subcommittee or other person(s) to whom the committee has delegated its authority) in its sole and absolute discretion (collectively, the “Board”). Such decision will shall be final and binding.

Appears in 6 contracts

Samples: Incentive Stock Award Agreement (Cadence Design Systems Inc), Incentive Stock Award Agreement (Cadence Design Systems Inc), Restricted Stock Unit Agreement (Cadence Design Systems Inc)

Board Authority. Any question concerning the interpretation of this Agreement or the Plan, any adjustments required to be made under the Plan, and any controversy that may arise under the Plan or this Agreement will shall be determined by the Company’s Board of Directors or a committee of directors designated by the Board pursuant to Section 4(a) of the Plan (including any subcommittee or other person(s) to whom the committee has delegated its authority) in its sole and absolute discretion (collectively, the “Board”)discretion. Such decision will shall be final and binding.

Appears in 4 contracts

Samples: Incentive Stock Award Agreement (Cadence Design Systems Inc), Incentive Stock Award Agreement (Cadence Design Systems Inc), Incentive Stock Award Agreement (Cadence Design Systems Inc)

Board Authority. Any question concerning the interpretation of this Agreement or the Plan, any adjustments required to be made under the Plan, and any controversy that may arise under the Plan or this Agreement will shall be determined by the Company’s Board of Directors or a committee of directors its designated by the Board pursuant to Section 4(a) of the Plan (including any subcommittee or other person(s) to whom the committee has delegated its authority) Committee in its sole and absolute discretion (collectively, the “Board”)discretion. Such decision will shall be final and binding.

Appears in 1 contract

Samples: Incentive Stock Award Agreement (Cadence Design Systems Inc)

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Board Authority. Any question concerning the interpretation of this Agreement or the Plan, any adjustments required to be made under the Plan, and any controversy that may arise under the Plan or this Agreement will shall be determined by the Company’s Board of Directors or a committee of directors designated by the Board pursuant to Section 4(a3(a) of the Plan (including any subcommittee or other person(s) to whom the committee has delegated its authority) in its sole and absolute discretion (collectively, the “Board”). Such decision will shall be final and binding.

Appears in 1 contract

Samples: Incentive Stock Award Agreement (Cadence Design Systems Inc)

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