Common use of Board Interpretation Clause in Contracts

Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board and, where applicable, the Committee concerning any questions arising under this Agreement or the Plan.

Appears in 41 contracts

Samples: Restricted Stock Unit Agreement (Navient Corp), Performance Stock Unit Agreement (Navient Corp), Employment Agreement (Navient Corp)

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Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board and, where applicable, the Compensation and Personnel Committee of the Board concerning any questions arising under this Agreement or the Plan.

Appears in 4 contracts

Samples: Stock Option Agreement (Navient Corp), Stock Option Agreement (Navient Corp), Stock Option Agreement (Navient Corp)

Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board and, where applicable, the Compensation and Personnel Committee of the Board (the “Committee”) concerning any questions arising under this Agreement or the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Navient Corp), Stock Option Agreement (SLM Corp)

Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board of Directors of the Corporation and, where applicable, the Compensation and Personnel Committee of the Board of Directors (the “Committee”) concerning any questions arising under this Agreement or the NewCo Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Navient Corp), Stock Option Agreement (Navient Corp)

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Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board of Directors of the Corporation and, where applicable, the Compensation and Personnel Committee of the Board of Directors (the “Committee”) concerning any questions arising under this Agreement or the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (SLM Corp)

Board Interpretation. The Grantee hereby agrees to accept as binding, conclusive, and final all decisions and interpretations of the Board and, where applicable, the Nominations, Governance and Compensation Committee (the “Committee”) concerning any questions arising under this Agreement or the Plan.

Appears in 1 contract

Samples: Stock Option Award Agreement (SLM Corp)

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