Administering Body definition

Administering Body means the Board as long as no Stock Plan Committee has been appointed and is in effect and shall mean the Stock Plan Committee as long as the Stock Plan Committee is appointed and in effect.
Administering Body means the Board as long as no Committee has been appointed and is in effect and shall mean the Committee as long as the Committee is appointed and in effect.
Administering Body means the Board as long as no Committee has been appointed and delegated authority by the Board and shall mean the Committee as long as the Committee is appointed and has been delegated authority and has not been disbanded by the Board.

Examples of Administering Body in a sentence

  • The exercise price for each Stock Option shall be determined by the Administering Body as of the date such Stock Option is granted.

  • No modification of any other term or provision of any Stock Option that is amended in accordance with the foregoing shall be required, although the Administering Body may, in its discretion, make such further modifications of any such Stock Option as are not inconsistent with this Plan.

  • Except as otherwise provided herein, a Stock Option shall become exercisable, as a whole or in part, on the date or dates specified by the Administering Body and thereafter shall remain exercisable until the expiration or earlier termination of the Stock Option.

  • The determination of which legends, if any, shall be placed upon such certificates shall be made by the Administering Body in its sole discretion and such decision shall be final and binding.

  • The Plan and this Agreement shall be administered and may be definitively interpreted by the Administering Body, and the Optionee agrees that the decisions of such Administering Body concerning administration and interpretation of the Plan and this Agreement shall be final, binding and conclusive on all persons.


More Definitions of Administering Body

Administering Body means the Board as long as no Compensation Committee has been appointed and is in effect and shall mean the Compensation Committee as long as the Compensation Committee is appointed and in effect.
Administering Body means the Board as long as no Committee has been appointed and is in effect and shall mean the Committee once the Committee has been appointed and is in effect.
Administering Body means a body administering an institution;
Administering Body means the Board as long as no Stock Incentive Plan Committee of the Board has been appointed and is in effect and shall mean the Stock Incentive Plan Committee as long as the Stock Incentive Plan Committee is appointed and in effect.
Administering Body. – means an administering body under the Reserves Act 1977. “Territorial authority” – means a local authority and a unitary authority as defined in section 5 Local Government Act 2002.
Administering Body means the Board as long as no Consultants' Plan Committee has been appointed and is in effect and shall mean the Consultants' Plan Committee as long as the Consultants' Plan Committee is appointed and in effect.
Administering Body. – means an administering body under the Reserves Act 1977. “Territorial authority” means –