Common use of Discretion of Committee Clause in Contracts

Discretion of Committee. Employee acknowledges the Committee’s authority with respect to the LTIP, including the Committee’s authority to interpret the LTIP. Employee agrees to the committee’s determination of the Company’s value based on its Cash Flow Return on Investment (“CFROI”).

Appears in 7 contracts

Samples: Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc)

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Discretion of Committee. Employee acknowledges the Committee’s authority with respect to the LTIP, including the Committee’s authority to interpret the LTIP. Employee agrees to also acknowledges the committeeCommittee’s determination of the Company’s value based on its Cash Flow Return on Investment (“CFROI”).

Appears in 4 contracts

Samples: Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc)

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Discretion of Committee. Employee acknowledges the Committee’s authority with respect to the LTIP, including the Committee’s authority to interpret the LTIP. Employee agrees to the committeeCommittee’s determination of the Company’s value based on its Cash Flow Return on Investment (“CFROI”).

Appears in 4 contracts

Samples: Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc)

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