Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations and other actions of the Committee with respect to this Agreement and the PSUs shall be binding and conclusive for all purposes and on all persons.
Appears in 11 contracts
Samples: Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.), Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.), Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.)
Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations and other actions of the Committee with respect to this Agreement and the PSUs Option shall be binding and conclusive for all purposes and on all persons.
Appears in 8 contracts
Samples: Officer Stock Option Agreement (M.D.C. Holdings, Inc.), Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (M.D.C. Holdings, Inc.)
Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations and other actions of the Committee with respect to this Agreement and the PSUs Restricted Stock shall be binding and conclusive for all purposes and on all persons.
Appears in 5 contracts
Samples: Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (MDC Holdings Inc)
Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations and other actions of the Committee with respect to this Agreement and the PSUs Shares shall be binding and conclusive for all purposes and on all persons.
Appears in 2 contracts
Samples: O’neill Stock Award Agreement (Einstein Noah Restaurant Group Inc), W. Hood Stock Award Agreement (New World Restaurant Group Inc)
Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations interpretations, and other actions of the Committee with respect to this Agreement and the PSUs Restricted Stock shall be binding and conclusive for all purposes and on all persons.
Appears in 2 contracts
Samples: Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (M.D.C. Holdings, Inc.)
Interpretation; Administration. The Committee shall have the full power and authority to administer the terms and conditions of this Agreement, to adopt any procedures, make any determinations, correct any defect, supply any omission or reconcile any inconsistency with respect to the terms and conditions of this Agreement in the manner and to the extent it shall deem expedient and it shall be the sole and final judge of such expediency. No member of the Committee shall be liable for any action or determination made in good faith. The determinations, interpretations interpretations, and other actions of the Committee with respect to this Agreement and the PSUs Option shall be binding and conclusive for all purposes and on all persons.
Appears in 2 contracts
Samples: Officer Stock Option Agreement (M.D.C. Holdings, Inc.), Incentive Plan Stock Option Agreement (M.D.C. Holdings, Inc.)
