Interpretation of Agreement and Plan Sample Clauses

Interpretation of Agreement and Plan. The Committee shall have sole power to interpret and construe any provisions of this Agreement or the Plan. Any such interpretation or construction made by the Committee shall be final and conclusive.
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Interpretation of Agreement and Plan. (a) All determinations and interpretations made by the Committee,with regard to any questions arising hereunder or under the Plan, shall be binding and conclusive on Participant, and his or her successors, legal representatives and beneficiaries. (b) The Option is subject to: (i) All terms and conditions of the Plan, as it is now or hereafter in effect; and (ii) All terms and conditions of this Agreement, now in effect or hereafter amended at the sole discretion of the Committee, which conform with the terms and conditions of the Plan, as it is now or hereafter in effect. (c) Participant acknowledges receipt of a copy of the Plan, represents and warrants that he or she has read the Plan and agrees that the Option shall be subject to all of the terms and conditions of this Agreement and the Plan, as it is now or hereafter in effect.
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Interpretation of Agreement and Plan. The interpretation by the Board of Directors’ Compensation Committee of any provisions of the Plan or of this Stock Option Agreement shall be final and binding on the Grantee unless otherwise determined by the Company's Board of Directors.
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Interpretation of Agreement and Plan. The Committee shall have the full and final authority in its discretion to construe, interpret and define all terms and provisions of this Agreement and the Plan and to correct any defect or supply any omission or reconcile any inconsistency herein and in the Plan and to prescribe rules and regulations relating to the administration of the Option and other similar options granted under the Plan, provided that such constructions, interpretation, definitions, corrections, additions or reconciliations and other such actions are permitted by the Plan, a copy of which is attached hereto (unless separately delivered prior to or concurrently with the execution hereof by Optionee) and all of the provisions of which are incorporated herein by this reference thereto.
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Interpretation of Agreement and Plan. (a) All determinations and interpretations made by the Committee with regard to any questions arising hereunder or under the Plan shall be binding and conclusive on the Optionee and his or her successors, legal representatives and beneficiaries. (b) The Option granted herein is subject to: (i) All the terms and conditions of the Plan, as amended, now or hereafter in effect; and (ii) All the terms and conditions of this Agreement, now in effect or hereafter amended at the sole discretion of the Committee, which conform with the terms and conditions of the Plan, as amended from time to time. (c) The Optionee acknowledges receipt of a copy of the Plan, represents and warrants that he has read the Plan and agrees that the Option shall be subject to all of the terms and conditions of this Agreement and the Plan, as amended from time to time, now or hereafter in effect.
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Related to Interpretation of Agreement and Plan

  • Interpretation of Agreement It is understood that the parties hereto intend this Agreement to be interpreted and enforced so as to provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by law.

  • Interpretation of the Agreement The laws of the Commonwealth of Pennsylvania shall govern this Agreement.

  • Interpretation of Contract In the event of a conflict or question involving the provisions of any part of this Contract, interpretation and clarification as necessary shall be determined by the County’s assigned buyer. If disagreement exists between the Contractor and the County’s assigned buyer in interpreting the provision(s), final interpretation and clarification shall be determined by the County’s Purchasing Agent or his designee.

  • Governing Law; Interpretation This Agreement shall be interpreted and enforced under the laws of the Commonwealth of Massachusetts, without regard to conflict of law principles. In the event of any dispute, this Agreement is intended by the parties to be construed as a whole, to be interpreted in accordance with its fair meaning, and not to be construed strictly for or against either you or the Company or the “drafter” of all or any portion of this Agreement.

  • Interpretation and Rules of Construction In this Agreement, except to the extent otherwise provided or that the context otherwise requires: (a) when a reference is made in this Agreement to an Article, Section, Exhibit or Schedule, such reference is to an Article or Section of, or an Exhibit or Schedule to, this Agreement unless otherwise indicated; (b) the table of contents and headings for this Agreement are for reference purposes only and do not affect in any way the meaning or interpretation of this Agreement; (c) whenever the words “include,” “includes” or “including” are used in this Agreement, they are deemed to be followed by the words “without limitation”; (d) the words “hereof,” “herein” and “hereunder” and words of similar import, when used in this Agreement, refer to this Agreement as a whole and not to any particular provision of this Agreement; (e) all terms defined in this Agreement have the defined meanings when used in any certificate or other document made or delivered pursuant hereto, unless otherwise defined therein; (f) the definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms; (g) references to a Person are also to its successors and permitted assigns; and (h) the use of “or” is not intended to be exclusive unless expressly indicated otherwise.

  • Interpretation, etc Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not no limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter.

  • Interpretation and Governing Law This Agreement and any dispute arising hereunder shall be governed and interpreted in accordance with the laws of the State of California. This Agreement shall be construed as a whole according to its fair language and common meaning to achieve the objectives and purposes of the parties hereto, and the rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in interpreting this Agreement, all parties having been represented by counsel in the negotiation and preparation hereof.

  • Construction and Interpretation Should any provision of this Agreement require judicial interpretation, the parties hereto agree that the court interpreting or construing the same shall not apply a presumption that the terms hereof shall be more strictly construed against one party by reason of the rule of construction that a document is to be more strictly construed against the party that itself, or through its agent, prepared the same, and it is expressly agreed and acknowledged that Company and Executive and each of his and its representatives, legal and otherwise, have participated in the preparation hereof.

  • Governing Law and Interpretation This Agreement may be signed in multiple counterparts each of which shall be deemed to be an original and shall be interpreted in accordance with the laws of Georgia. No provision herein, by virtue of the party who drafted it, shall be interpreted less favorably against one party than another. All references to time shall mean the time in Georgia. If any provision herein is to be unenforceable, it shall be severed from this Agreement while the remainder of the Agreement shall, to the fullest extent permitted by law, continue to have full force and effect as a binding contract.

  • Interpretation of Contract Documents The Contract Documents shall be construed neither against nor in favor of either party, but shall be construed in a neutral manner.

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