Common use of Provisions of the Plan Control Clause in Contracts

Provisions of the Plan Control. This Option Agreement shall be governed by the provisions of the Plan, the terms and conditions of which are incorporated herein by reference. In the event that the provisions of this Option Agreement and the Plan conflict, the Plan shall control. The Plan empowers the Administrator to make interpretations, rules and regulations thereunder, and, in general, provides that determinations of the Administrator with respect to the Plan shall be binding upon the Participant. A copy of the Plan has been delivered to the Participant in connection with the execution and delivery of this Option Agreement and an additional copy thereof will be delivered to the Participant upon reasonable request.

Appears in 6 contracts

Samples: Option Agreement (Cellular Dynamics International, Inc.), Option Agreement (Cellular Dynamics International, Inc.), Option Agreement (Cellular Dynamics International, Inc.)

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Provisions of the Plan Control. This Option Agreement shall be governed by the provisions of the Plan, the terms and conditions of which are incorporated herein by reference. In the event that the provisions of this Option Agreement and the Plan conflict, the Plan shall control. The Plan empowers the Administrator Committee to make interpretations, rules and regulations thereunder, and, in general, provides that determinations of the Administrator Committee with respect to the Plan shall be binding upon the Participant. A copy of the Plan has been delivered to the Participant in connection with the execution and delivery of this Option Agreement and an additional copy thereof will be delivered to the Participant upon reasonable request.

Appears in 5 contracts

Samples: Option Agreement (Cellular Dynamics International, Inc.), Stock Option Agreement (Cellular Dynamics International, Inc.), Stock Option Agreement (Cellular Dynamics International, Inc.)

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