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 6 contracts
Samples: Registration Rights Agreement (Majesco Entertainment Co), Stock Option Plan Agreement (Chineseworldnet Com Inc), Warrant Agreement (Hicks Acquisition CO I Inc.)
