Common use of Decisions of Board or Committee Clause in Contracts

Decisions of Board or Committee. The Board or the Committee shall have the right to resolve all questions which may arise in connection with the Award and, notwithstanding the default vesting treatment described above, to determine or provide for either continued vesting or accelerated vesting of all or a portion of this Award in the cases of the Holder’s death, Disability or Retirement. Administration of the Awards has been delegated to the Company. Any interpretation, determination or other action made or taken by the Board or the Committee, or the Company as its delegate, regarding the Plan or this Agreement shall be final, binding and conclusive.

Appears in 3 contracts

Samples: Performance Share Unit Award Agreement (Owens Corning), Performance Share Unit Award Agreement (Owens Corning), Performance Share Unit Award Agreement (Owens Corning)

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Decisions of Board or Committee. The Board or the Committee shall have the right to resolve all questions which may arise in connection with the Award Units and, notwithstanding the default vesting treatment described above, to determine or to provide for either continued vesting or accelerated vesting of all or a portion of this Award the Units in the cases of the Holderholder’s death, Disability Disability, or Retirement. Administration of the Awards Units has been delegated to the Company. Any interpretation, determination or other action made or taken by the Board or the Committee, or the Company as its delegate, regarding the Plan or this Agreement shall be final, binding and conclusive.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Owens Corning), Restricted Stock Unit Award Agreement (Owens Corning), Restricted Stock Unit Award Agreement (Owens Corning)

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Decisions of Board or Committee. The Board or the Committee shall have the right to resolve all questions which may arise in connection with the Award and, notwithstanding the default vesting treatment described above, to determine or to provide for either continued vesting or accelerated vesting of all or a portion of this Award in the cases of the Holder’s death, Disability or Retirement. Administration of the Awards has been delegated to the Company. Any interpretation, determination or other action made or taken by the Board or the Committee, or the Company as its delegate, regarding the Plan or this Agreement shall be final, binding and conclusive.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Owens Corning)

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