Membership on the Board. Nothing in the adoption of the Plan, nor the award of the Restricted Shares thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board and the cause of such termination, shall be determined by the Board, and its determination shall be final and binding on all parties.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Nine Energy Service, Inc.), Restricted Stock Agreement (Nine Energy Service, Inc.)
Membership on the Board. Nothing in the adoption of the Plan, nor the award of the Restricted Shares this Option thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, Affiliate or any other entity to terminate the Director’s membership on the Board at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board and the cause of such termination, shall be determined by the Board, and its determination shall be final and binding on all parties.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Nine Energy Service, Inc.), Nonstatutory Stock Option Agreement (Nine Energy Service, Inc.)
Membership on the Board. Nothing in the adoption of the Plan, nor the award of or the Restricted Shares thereunder Stock Award made pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board Board, and the cause of such termination, shall be determined by the BoardCommittee or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Carbon Natural Gas Co), Restricted Stock Agreement (Carbon Natural Gas Co)
Membership on the Board. Nothing in the adoption of the Plan, nor the award of the Restricted Shares thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board Board, and the cause of such termination, shall be determined by the BoardBoard or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Concho Resources Inc), Restricted Stock Agreement (Concho Resources Inc)
Membership on the Board. Nothing in the adoption of the Plan, nor the award of the Restricted Shares Stock thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board Board, and the cause of such termination, shall be determined by the BoardBoard or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 1 contract
Samples: Restricted Stock Agreement (Lone Pine Resources Inc.)
Membership on the Board. Nothing in the adoption of the Plan, nor the award of the Restricted Shares Stock thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s 's membership on the Board Board, and the cause of such termination, shall be determined by the BoardBoard or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 1 contract
Membership on the Board. Nothing in the adoption of the Plan, nor or the award of the Restricted Shares Stock thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board Board, and the cause of such termination, shall be determined by the BoardCommittee or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 1 contract
Membership on the Board. Nothing in the adoption of the Plan, nor or the award of the Restricted Shares Stock thereunder pursuant to this Agreement, shall confer upon the Director the right to continued membership on the Board or affect in any way the right of the Director or the Company or any such Affiliate, or any other entity to terminate the Director’s such membership at any time. Any question as to whether and when there has been a termination of the Director’s membership on the Board Board, and the cause of such termination, shall be determined by the BoardBoard or its delegate, and its determination shall be final and binding on all partiesfinal.
Appears in 1 contract
