Common use of Powers of the Administrator Clause in Contracts

Powers of the Administrator. Subject to the provisions of the Award Agreement, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: (i) to determine the Fair Market Value; (ii) to construe and interpret the terms of the Award and the Award Agreement; (iii) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of the Award; and (iv) to make all other determinations deemed necessary or advisable for administering the Award and the Award Agreement.

Powers of the Administrator. Subject to the provisions of the Award AgreementAgreement , and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: (i) to determine the Fair Market Value; (ii) to construe and interpret the terms of the Award and the Award Agreement; (iii) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of the Award; and (iv) to make all other determinations deemed necessary or advisable for administering the Award and the Award Agreement.

Powers of the Administrator. Subject to the provisions of the Award Agreement, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: (i) to determine the Fair Market Value; (ii) to construe and interpret the terms of the Award and the Award Agreement; (iii) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by the AwardAdministrator; and (iv) to make all other determinations deemed necessary or advisable for administering the Award and the Award Agreement.

Powers of the Administrator. Subject to the provisions of the Award Agreement, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: (i) to determine the Fair Market Value; (ii) to construe and interpret the terms of the Award and the Award Agreement; (iii) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of the Award; and (iv) to make all other determinations deemed necessary or advisable for administering the Award and the Award Agreement.