Interpretation of Plan Sample Clauses
Interpretation of Plan. To the extent not preempted by federal law, the Plan shall be governed and construed under the laws of the state of California (other than its choice of law rules) as in effect from time to time. Notwithstanding any provision to the contrary, this Plan shall be interpreted and construed to comply with Section 409A and the applicable provisions of ERISA.
Interpretation of Plan. The Board of Trustees shall have full power and authority to interpret and administer the Plan and to establish and amend rules and regulations for its administration. Interpretations of, and determinations related to the Plan made by the Board of Trustees of the Fund in good faith, including any determinations of the amounts of accruals, shall be conclusive and binding upon all parties, and the Fund shall not incur any liability to a Trustee for any such interpretation or determination so made or for any other action taken by it in connection with the Plan in good faith.
Interpretation of Plan. Options granted pursuant to the Plan are intended to be "Incentive Stock Options" within the meaning of Section 422 of the Internal Revenue Code (the "Code"), and the Applicable Plan and this Agreement shall be construed to implement that interest. If all or any part of this Option shall not be deemed an "Incentive Stock Option" within the meaning of Section 422 of the Code, the Option shall nevertheless be valid and carried into effect.
Interpretation of Plan. The Committee shall interpret the Plan and from time to time may adopt such rules and regulations for carrying out the terms and purposes of the Plan and may take such other actions in the administration of the Plan as it deems advisable. The interpretation and construction by the Committee of any provisions of this Plan or any Option Agreement and the determination of any question arising under this Plan, any such rule or regulation, or any Option Agreement shall be final and binding on all persons interested in the Plan.
Interpretation of Plan. The Plan Administrator has full discretionary authority to interpret the Agreement; such interpretations and all other decisions and determinations made by the Plan Administrator will be final and binding upon all parties. In the event that Employee is a member of the Plan Administrator, however, he may not make decisions and determinations affecting his own benefits.
Interpretation of Plan. MONY has have the exclusive right to interpret the Plan and to decide any matters arising hereunder in the administration of the Plan.
Interpretation of Plan. All provisions of this Agreement shall be interpreted in a manner so as to be consistent with Section 409A of the Internal Revenue Code of 1986, as Amended, and the regulations issued thereunder.
Interpretation of Plan. All interpretations of the Plan and application of its provisions to particular circumstances by the MHC shall be final, subject to the authority of the Commissioner. When a reference is made in this Agreement to Sections or Exhibits, such reference shall be to a Section of or Exhibit to the Plan unless otherwise indicated. The recitals hereto constitute an integral part of the Plan. References to Sections include subsections, which are part of the related Section (e.g., a section numbered "Section 5.5.1" would be part of "Section 5.5" and references to "Section 5.5" would also refer to material contained in the subsection described as "Section 5.5.1"). The table of contents and headings contained in the Plan are for reference purposes only and shall not affect in any way the meaning or interpretation of the Plan. Whenever the words "include", "includes" or "including" are used in the Plan, they shall be deemed to be followed by the words "without limitation".
Interpretation of Plan. Comptroller shall have complete discretionary, binding and final authority to interpret the Plan Documents, to make factual determinations regarding the payment of Claims or provision of benefits, to review denied Claims and to resolve complaints by Participating Members under the self-insured medical and pharmacy plans. Such authority is delegated to the respective Carriers for the sole purpose of initial Claims determinations and appeals adjudication. Administration of the Medicare-Advantage plan is governed by the Medicare Advantage Carrier’s Evidence of Coverage, and therefore, this provision is not applicable to that plan.
Interpretation of Plan. The Celestica Board, after consultation with the Management Representatives, may interpret the Plan as may be necessary or appropriate for the administration of the Plan and shall, where consistent with the general purpose and intent of the Plan and subject to the specific provisions of the Plan, make such other determinations and take such other actions as it deems necessary or advisable, including, without limitation:
(a) establish policies and adopt rules and regulations for carrying out the purposes, provisions and administration of the Plan;
(b) interpret and construe the Plan and determine all questions arising out of the Plan and any Plan Shares issued and any Option granted pursuant to the Plan;
(c) determine on behalf of which Eligible Persons Subordinate Voting Shares are offered and Target Options granted to the Nominee and offer Subordinate Voting Shares and grant Target Options;
(d) determine the number of Subordinate Voting Shares covered by each Target Option;
(e) determine the purchase price for any Plan Shares issued pursuant to Section 3.3;
(f) determine the time or times when Options will be granted and exercisable;
(g) determine if the Subordinate Voting Shares which are subject to an Option will be subject to any restrictions upon the exercise of such Option; and
(h) prescribe the form of the instruments relating to the offer and purchase of Subordinate Voting Shares and grant, exercise and other terms of any Options.