Common use of Reliance on Data Clause in Contracts

Reliance on Data. The Corporation and the Compensation Committee shall have the right to rely on any data provided by the Executive or by any beneficiary. Representations of such data shall be binding upon any party seeking to claim a benefit through a Executive, and the Corporation and the Compensation Committee shall have no obligation to inquire into the accuracy of any representation made at any time by the Executive or his beneficiary.

Appears in 7 contracts

Samples: Retirement Security Agreement (Insteel Industries Inc), Retirement Security Agreement (Insteel Industries Inc), Retirement Security Agreement (Insteel Industries Inc)

AutoNDA by SimpleDocs

Reliance on Data. The Corporation and the Compensation Committee shall have the right to rely on any data provided by the Executive or by any beneficiary. Representations of such data shall be binding upon any party seeking to claim a benefit through a Executive, and the Corporation and the Compensation Committee shall have no obligation to inquire into the accuracy of any representation made at any time by the Executive or his beneficiary.

Appears in 2 contracts

Samples: Retirement Security Agreement (Insteel Industries Inc), Retirement Security Agreement (Insteel Industries Inc)

AutoNDA by SimpleDocs

Reliance on Data. The Corporation and the Compensation Committee shall have the right to rely on any data provided by the Executive or by any beneficiary. Representations of such data shall be binding upon any party seeking to claim a benefit through a an Executive, and the Corporation and the Compensation Committee shall have no obligation to inquire into the accuracy of any representation made at any time by the Executive or his her beneficiary.

Appears in 1 contract

Samples: Retirement Security Agreement (Insteel Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.