Common use of Compensation Committee Discretion Clause in Contracts

Compensation Committee Discretion. Grantee may be released from Grantee’s obligations under subsections 4(b) and 4(c) only if the Compensation Committee, or its duly appointed agent, determines in its sole discretion that such action is in the best interest of the Corporation.

Appears in 18 contracts

Samples: Restricted Stock Unit Agreement (Bryn Mawr Bank Corp), Restricted Stock Unit Agreement (Bryn Mawr Bank Corp), Restricted Stock Unit Agreement (Bryn Mawr Bank Corp)

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Compensation Committee Discretion. Grantee may be released from Grantee’s obligations under subsections 4(b) b. and 4(c) c. of this section 4 only if the Compensation Committee, or its duly appointed agent, determines in its sole discretion that such action is in the best interest of the Corporation.

Appears in 2 contracts

Samples: Restricted Stock Agreement for Employees (Bryn Mawr Bank Corp), Restricted Stock Agreement for Employees (Bryn Mawr Bank Corp)

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Compensation Committee Discretion. Grantee may be released from Grantee’s obligations under subsections 4(b(b) and 4(c(c) of this section 4 only if the Compensation Committee, or its duly appointed agent, determines in its sole discretion that such action is in the best interest of the Corporation.

Appears in 1 contract

Samples: Restricted Stock Agreement (Bryn Mawr Bank Corp)

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