Common use of Company Discretion Clause in Contracts

Company Discretion. Notwithstanding any other provisions of this Agreement to the contrary, the Committee may, in its sole discretion, declare at any time that the Restricted Shares, or any portion thereof, shall vest immediately or, to the extent they otherwise would be cancelled and returned to the Plan pursuant to the terms of this Agreement, shall vest in the numbers and on such dates as are determined by the Committee to be in the interests of the Company as determined by the Committee in its sole discretion.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Piper Jaffray Companies), Restricted Stock Agreement (Piper Jaffray Companies), Restricted Stock Agreement (Piper Jaffray Companies)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!