Common use of Plan and Committee Decisions are Controlling Clause in Contracts

Plan and Committee Decisions are Controlling. This Agreement and the award and payment of performance compensation to the Grantee are subject in all respects to the provisions of the Plan, which is incorporated herein by this reference and is controlling. All awards are subject to Committee discretion, except for Qualified Performance-Based Awards. Capitalized terms herein not defined in this Agreement shall have the meaning ascribed to them in the Plan. All decisions, determinations and interpretations by the Committee respecting the Plan, this Agreement or the award of PSUs shall be binding and conclusive upon the Grantee, any Beneficiary of the Grantee or the legal representative thereof.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Banner Corp), Performance Unit Award Agreement (Banner Corp)

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Plan and Committee Decisions are Controlling. This Agreement and the award and payment of performance compensation to the Grantee are subject in all respects to the provisions of the Plan, which is incorporated herein by this reference and is controlling. All awards are subject to Committee discretion, except for Qualified Performance-Based Awards. Capitalized terms herein not defined in this Agreement shall have the meaning ascribed to them in the Plan. All decisions, determinations and interpretations by the Committee respecting the Plan, this Agreement or the award of PSUs shall be binding and conclusive upon the Grantee, any Beneficiary of the Grantee or the legal representative thereof.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Banner Corp)

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Plan and Committee Decisions are Controlling. This Agreement and the award Award and payment of performance compensation to the Grantee are subject in all respects to the provisions of the Plan, which is incorporated herein by this reference and is controlling. All awards Awards are subject to Committee discretion, except for Qualified Performance-Based Awards. Capitalized terms herein not defined in this Agreement shall have the meaning ascribed to them in the Plan. All decisions, determinations and interpretations by the Committee respecting the Plan, this Agreement or the award of PSUs Performance Units shall be binding and conclusive upon the Grantee, any Beneficiary of the Grantee or the legal representative thereof.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Banner Corp)

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