Common use of Committee’s Powers Clause in Contracts

Committee’s Powers. No provision contained in this Agreement shall in any way terminate, modify or alter, or be construed or interpreted as terminating, modifying or altering any of the powers, rights or authority vested in the Committee or, to the extent delegated, in its delegate pursuant to the terms of the Plan or resolutions adopted in furtherance of the Plan, including, without limitation, the right to make certain determinations and elections with respect to the Restricted Shares. By execution of this Agreement, Company affirms that the Committee has waived the provisions of Section 9(i) of the Plan which would otherwise require automatic forfeiture of all shares of Restricted Stock still subject to restrictions upon termination of Employee's employment, and has substituted therefore the provisions stated in Paragraphs 2(a) and 2(b), above.

Appears in 5 contracts

Samples: Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc)

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Committee’s Powers. No provision contained in this Agreement shall in any way terminate, modify or alter, or be construed or interpreted as terminating, modifying or altering any of the powers, rights or authority vested in the Committee or, to the extent delegated, in its delegate pursuant to the terms of the Plan or resolutions adopted in furtherance of the Plan, including, without limitation, the right to make certain determinations and elections with respect to the Restricted Shares. By execution of this Agreement, Company affirms that the Committee has waived the provisions of Section 9(i) of the Plan which would otherwise require automatic forfeiture of all shares of Restricted Stock still subject to restrictions upon termination of Employee's ’s employment, and has substituted therefore the provisions stated in Paragraphs 2(a) and 2(b), above.

Appears in 4 contracts

Samples: 2009 Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc)

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Committee’s Powers. No provision contained in this Agreement shall in any way terminate, modify or alter, or be construed or interpreted as terminating, modifying or altering any of the powers, rights or authority vested in the Committee or, to the extent delegated, in its delegate pursuant to the terms of the Plan or resolutions adopted in furtherance of the Plan, including, without limitation, the right to make certain determinations and elections with respect to the Restricted Shares. By execution of this Agreement, Company affirms that the Committee has waived the provisions of Section 9(i10(i) of the Plan which would otherwise require automatic forfeiture of all shares of Restricted Stock still subject to restrictions upon termination of Employee's ’s employment, and has substituted therefore the provisions stated in Paragraphs 2(a) and 2(b), above.

Appears in 3 contracts

Samples: Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc), Restricted Stock Agreement (FBL Financial Group Inc)

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