Examples of Stock Plan Committee in a sentence
The Board may appoint a Stock Plan Committee (the "Committee") of three or more of its members to administer this Plan.
The Plan shall be administered by the Stock Plan Committee (the "Committee") appointed by the Board of Directors (the "Board") of the Company and consisting of at least one member from the Board.
The Board may disband the Stock Plan Committee at any time and thereby revest in the Board the administration of this Plan.
No member of the Board or the Stock Plan Committee or any designee thereof will be liable for any action or inaction with respect to this Plan or any Award or any transaction arising under this Plan or any Award, except in circumstances constituting bad faith of such member.
The Board may from time to time increase or decrease (but not below two (2)) the number of members of the Stock Plan Committee, remove from membership on the Stock Plan Committee all or any portion of its members, and/or appoint such person or persons as it desires to fill any vacancy existing on the Stock Plan Committee, whether caused by removal, resignation or otherwise.
No member of the Board or the Stock Plan Committee, nor any person participating in any determination of any question under this Agreement, shall have any liability, in the absence of gross negligence or willful misconduct, to any party for any action taken or not taken in connection with this Agreement.
This Agreement shall be administered and may be definitively interpreted by the Board of Directors of the Company (the "BOARD") or any Stock Plan Committee appointed by the Board (the "ADMINISTERING BODY").
Subject to the provisions of Section 4.1(b)(ii), this Plan shall be administered by the Board or by the Stock Plan Committee of the Board appointed pursuant to Section 4.1(b).
The Plan shall be administered by the Stock Plan Committee (the "Committee") appointed by the Board of Directors (the "Board") of the Company and consisting of at least two members from the Board.
The Stock Plan Committee may (but is not required to be), in the discretion of the Board, the same as the compensation committee of the Board.