Common use of Committee Interpretation Clause in Contracts

Committee Interpretation. As a condition to the grant of this Award, the Participant agrees (with such agreement being binding upon the Participant’s legal representatives, guardians, legatees or beneficiaries) that this Agreement will be interpreted by the Committee and that any interpretation by the Committee of the terms of this Agreement or the Plan, and any determination made by the Committee under this Agreement or the Plan, will be final, binding and conclusive.

Appears in 23 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Cummins Inc), Settled Performance Unit Award Agreement (Cooper-Standard Holdings Inc.), Settled Performance Unit Award Agreement (Cooper-Standard Holdings Inc.)

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Committee Interpretation. As a condition to the grant of this Award, the Participant agrees (with such agreement being binding upon the Participant’s legal representatives, guardians, legatees or beneficiaries) that this Agreement will be interpreted by the Committee and that any interpretation by the Committee of the terms of this Agreement Agreement, the Plan or the PlanLTIP, and any determination made by the Committee under this Agreement Agreement, the Plan or the PlanLTIP, will be final, binding and conclusive.

Appears in 7 contracts

Samples: Performance Unit Award Agreement (Cooper-Standard Holdings Inc.), Performance Unit Award Agreement (Cooper-Standard Holdings Inc.), Performance Unit Award Agreement (Cooper-Standard Holdings Inc.)

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Committee Interpretation. As a condition to the grant of the Award under this AwardAgreement, the Participant agrees (with such agreement being binding upon the Participant’s legal representatives, guardians, legatees or beneficiaries) that this Agreement will be interpreted by the Committee and that any interpretation by the Committee of the terms of this Agreement or the Plan, and any determination made by the Committee under this Agreement or the Plan, will be final, binding and conclusive.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Cooper-Standard Holdings Inc.)

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