Common use of Delegation of Authority for Day-to-Day Administration Clause in Contracts

Delegation of Authority for Day-to-Day Administration. Except to the extent prohibited by Applicable Law, the Administrator may delegate to one or more individuals the day-to-day administration of the Plan and any of the functions assigned to it in this Plan. Such delegation may be revoked at any time.

Appears in 6 contracts

Samples: Stock Option Plan (Akorn Inc), 2007 Stock Option Plan (Simulations Plus Inc), Stock Option Plan (Akorn Inc)

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Delegation of Authority for Day-to-Day Administration. Except to the extent prohibited by Applicable Law, the Administrator may delegate to one or more individuals the day-to-day administration of the Plan Award and any of the functions assigned to it in this PlanAgreement. Such delegation may be revoked at any time.

Appears in 2 contracts

Samples: Market Based Restricted Stock Unit Agreement (Quantum Corp /De/), Restricted Stock Unit Agreement (Quantum Corp /De/)

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