Common use of Effect of Administrator’s Decision Clause in Contracts

Effect of Administrator’s Decision. All actions taken and decisions and determinations made by the Administrator on all matters relating to this Agreement pursuant to the powers vested in it hereunder shall be in the Administrator’s sole and absolute discretion and shall be conclusive and binding on all parties concerned, including the Optionee, the Company, its stockholders, director and officers, and their respective successors in interest.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Visual Networks Inc), Nonstatutory Stock Option Grant Agreement (Visual Networks Inc), Nonstatutory Stock Option Grant Agreement (Visual Networks Inc)

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Effect of Administrator’s Decision. All actions taken decisions, determinations and decisions and determinations made interpretations by the Administrator on all matters relating to this Agreement pursuant to regarding the powers vested in it hereunder Plan, any rules and regulations under the Plan and the terms and conditions of any Award granted hereunder, shall be in the Administrator’s sole and absolute discretion and shall be conclusive final and binding on all parties concernedParticipants. The Administrator shall consider such factors as it deems relevant, in its sole and absolute discretion, to making such decisions, determinations and interpretations, including the Optioneerecommendations or advice of any officer or other employee of the Company and such attorneys, the Company, its stockholders, director consultants and officers, and their respective successors in interestaccountants as it may select.

Appears in 2 contracts

Samples: Employment Agreement (Volitionrx LTD), Heads of Agreement (Volitionrx LTD)

Effect of Administrator’s Decision. All actions taken and decisions and determinations made by the Administrator on all matters relating to this Agreement and the Award pursuant to the powers vested in it hereunder under the Plan shall be in the Administrator’s sole and absolute discretion and shall be conclusive and binding on all parties concerned, including the OptioneeExecutive, the Company, its stockholders, director and officers, and their Executive’s and its respective successors in interest.

Appears in 1 contract

Samples: Equity Incentive Award Agreement (Organovo Holdings, Inc.)

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Effect of Administrator’s Decision. All actions taken and decisions and determinations made by the Administrator on all matters relating to this Agreement pursuant to the powers vested in it hereunder shall be in the Administrator’s 's sole and absolute discretion and shall be conclusive and binding on all parties concerned, including the Optionee, the Company, its stockholders, director and officers, and their respective successors in interest.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Visual Networks Inc)

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