Common use of Duties of Committee Clause in Contracts

Duties of Committee. The Plan shall be administered by the Committee in accordance with its terms and purposes. The Committee shall interpret the provisions of the Plan and determine the amount and manner of payment of the benefits due to or on behalf of each Participant from the Plan and shall cause them to be paid accordingly.

Appears in 3 contracts

Samples: Dresser Inc, Dresser Inc, Dresser Inc

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Duties of Committee. The This Plan shall be administered by the Committee in accordance with its terms and purposes. The Committee shall interpret have discretionary authority to construe the provisions terms of the Plan and determine eligibility for and the amount and manner of payment of the benefits due to or on behalf of each Participant from the this Plan and shall cause them to be paid by the Company accordingly.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Navistar International Corp)

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