Common use of Plan Administration Clause in Contracts

Plan Administration. The Plan is administered by the Committee, which has full and exclusive discretionary power to interpret, implement, construe and adopt rules, forms and guidelines for administering the Plan and this Agreement. All actions, interpretations and determinations made by the Committee, the Board of Directors, or any of their delegates as to the provisions of this Agreement and the Plan shall be final, conclusive, and binding on all persons and the Grantee agrees to be bound by such actions, interpretations and determinations.

Appears in 24 contracts

Samples: Performance Adjusted Restricted Stock Unit Award Agreement (Firstenergy Corp), Performance Adjusted Restricted Stock Unit Award Agreement (Firstenergy Corp), Performance Adjusted Restricted Stock Unit Award Agreement (Firstenergy Corp)

AutoNDA by SimpleDocs

Plan Administration. The Plan is administered by the Compensation Committee, which has full and exclusive discretionary power to interpret, implement, construe and adopt rules, forms and guidelines for administering the Plan and this Agreement. All actions, interpretations and determinations made by the Compensation Committee, the Board of Directors, or any of their delegates as to the provisions of this Agreement and the Plan shall be final, conclusive, and binding on all persons and the Grantee agrees to be bound by such actions, interpretations and determinations.

Appears in 6 contracts

Samples: Performance Adjusted Restricted Stock Unit Award Agreement (FirstEnergy Solutions Corp.), Restricted Stock Award Agreement (FirstEnergy Solutions Corp.), Performance Adjusted Restricted Stock Unit Award Agreement (FirstEnergy Solutions Corp.)

Plan Administration. The Plan is administered by the Committee, which has full and exclusive discretionary power to interpret, implement, construe and adopt rules, forms and guidelines for administering the Plan and this Agreement. All actions, interpretations and determinations made by the Committee, the Board of DirectorsBoard, or any of their delegates as to the provisions of this Agreement and the Plan shall be final, conclusive, and binding on all persons and the Grantee agrees to be bound by such actions, interpretations and determinations.

Appears in 2 contracts

Samples: Restricted Stock Units Award Agreement (Firstenergy Corp), Restricted Stock Units Award Agreement (Firstenergy Corp)

AutoNDA by SimpleDocs

Plan Administration. The Plan is administered by the Compensation Committee, which has full sole and exclusive discretionary power and discretion to interpret, implementadminister, implement and construe and adopt rules, forms and guidelines for administering the Plan and this Agreement. All actionsinterpretations, interpretations determinations and determinations decisions made by the Compensation Committee, the Board of Directors, or any of their delegates as to the provisions of this Award Agreement and the Plan shall be final, conclusive, and binding on all persons and the Grantee agrees to be bound by such actionsinterpretations, interpretations determinations and determinationsdecisions.

Appears in 2 contracts

Samples: Performance Earned Cash Award Agreement (Firstenergy Corp), Performance Earned Restricted Stock Award Agreement (Firstenergy Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!