Common use of The Committee Clause in Contracts

The Committee. The Committee acting in its absolute discretion shall exercise such powers and take such actions as are expressly called for under this Agreement. Further, the Committee shall have the power to interpret this Agreement and to take such other actions as the Committee deems equitable under the circumstances, which action shall be binding upon the Company, the Recipient and each other person directly or indirectly affected by such action. No member of the Committee shall be liable for any action or determination made in good faith with respect to this Agreement.