Reservation of Discretion. The Administrator will have the discretion to determine the restrictions or other limitations of the individual awards granted under this Section 5.2 including the authority to reduce awards, payouts or vesting or to pay no awards, in its sole discretion, if the Administrator preserves such authority at the time of grant by language to this effect in its authorizing resolutions or otherwise.
Appears in 7 contracts
Samples: Incentive Stock Option Agreement (Red Cat Holdings, Inc.), Subscription Agreement (Majesco Entertainment Co), Purchase and Ipo Reorganization Agreement (Hicks Acquisition CO I Inc.)
