Common use of Committee’s Decision – Final Clause in Contracts

Committee’s Decision – Final. To the extent permitted by law, any interpretation of the Plan and any decision on any matter within the discretion of the Committee made by the Committee in good faith is binding on all persons. A misstatement or other mistake of fact shall be corrected when it becomes known, and the Committee shall make such adjustment on account thereof as it considers equitable and practicable.

Appears in 1 contract

Samples: Management Recognition and Retention Plan (Argo Capital Trust Co)

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Committee’s Decision – Final. To the extent permitted by law, any interpretation of the Plan and any decision on any matter within the discretion of the Committee (such as eligibility for participation and the timing and amount of benefit payments) made by the Committee in good faith is binding on all persons. A misstatement or other mistake of fact shall be corrected when it becomes known, and the Committee shall make such adjustment on account thereof as it considers they consider equitable and practicable.

Appears in 1 contract

Samples: Employee Stock Ownership Plan With 401(k) Provisions (Guaranty Bancshares Inc /Tx/)

Committee’s Decision – Final. To the extent permitted by law, any interpretation of the provisions of the Plan and any decision decisions on any matter within the discretion of the Committee made by the Committee in good faith is shall be binding on all persons. A misstatement or other mistake of fact shall be corrected when it becomes known, known and the Committee shall make such adjustment on account thereof as it considers equitable and practicable.

Appears in 1 contract

Samples: Employee Stock Ownership Plan (United Insurance Companies Inc)

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Committee’s Decision – Final. To the extent permitted by law, any interpretation of the Plan and any decision on any matter within the discretion of the Committee made by the Committee in good faith is shall be binding on all persons. A misstatement or other mistake of fact shall be corrected when it becomes known, and the Committee shall make such adjustment on account thereof as it considers equitable and practicable.

Appears in 1 contract

Samples: Retirement Savings Plan (Ethan Allen Interiors Inc)

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