Common use of Committee Action Clause in Contracts

Committee Action. In the event that the Employer appoints such person or persons to act as the Committee, such Committee shall act by a majority of its members at a meeting (which can be by telephone) or in writing without a meeting. A member of the Committee who is also a Participant of the Plan shall not vote or act as a member of the Committee upon any matter relating solely to his rights or benefits under the Plan.

Appears in 10 contracts

Samples: Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement (Dreyfus Strategic Investing)

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Committee Action. In the event that the Employer appoints such person or persons to act as the Committee, such Committee shall act by a majority of its members at a meeting (which can be by telephone) or in writing without a meeting. A member of the Committee who is also a Participant of the Plan shall not vote or act as a member of the Committee upon any matter relating solely to his rights or benefits under the Plan.

Appears in 10 contracts

Samples: Adoption Agreement (Dreyfus Worldwide Dollar Money Market Fund Inc), Adoption Agreement (Dreyfus Strategic Investing), Adoption Agreement (Dreyfus Growth & Value Funds Inc)

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Committee Action. In the event that the Employer appoints such a person or persons to act as the Committee, such Committee shall act by a majority of its members at a meeting (which can be by telephone) or in writing without a meeting. A member of the Committee who ho is also a Participant of the Plan shall not vote or act as a member of the Committee upon any matter relating solely to his rights or benefits under the Plan.

Appears in 10 contracts

Samples: Adoption Agreement (Dreyfus Growth & Value Funds Inc), Adoption Agreement (Dreyfus Worldwide Dollar Money Market Fund Inc), Adoption Agreement (Dreyfus Global Growth Fund)

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