Common use of Board’s Authority Clause in Contracts

Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation the granting of stock options and the awarding of stock and cash otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases. ​

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (One Liberty Properties Inc), Restricted Stock Award Agreement (One Liberty Properties Inc)

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Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation limitation, the granting of stock options and the awarding of stock and cash otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases. ​.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (BRT Apartments Corp.), Restricted Stock Award Agreement (BRT Apartments Corp.)

Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation limitation, the granting of stock options and the awarding of stock and cash otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases. 11. Section 83(b)

Appears in 1 contract

Samples: Restricted Stock Award Agreement Restricted Stock Award Agreement (BRT Apartments Corp.)

Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation the granting of stock options and the awarding of stock and cash otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases. ​.

Appears in 1 contract

Samples: Restricted Stock Awards Agreement (One Liberty Properties Inc)

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Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation limitation, the granting of stock options and the awarding of stock and cash otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases. 11.

Appears in 1 contract

Samples: Restricted Stock Awards Agreement Restricted Stock Awards Agreement (BRT Apartments Corp.)

Board’s Authority. The execution and delivery by the Company of this Agreement shall not be construed as creating any limitations on the power of the its Board of Directors to adopt such other incentive arrangements as it may deem desirable, including without limitation the granting of stock options and the awarding of stock and cash otherwise than then under the Plan, Plan and such arrangements may be either generally applicable or applicable only in specific cases. ​.

Appears in 1 contract

Samples: Restricted Stock Awards Agreement (One Liberty Properties Inc)

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