Administration Clause Example with 5 Variations from Business Contracts

This page contains Administration clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Administration. The Plan shall be administered by the Committee which shall have the authority to construe and interpret the Plan, prescribe, amend and rescind rules relating to the Plan's administration and take any other actions necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency or ambiguity in the Plan. The decisions of the Committee shall be final and binding on all persons. All expenses of administering the P...lan shall be borne by the Company. View More

Variations of a "Administration" Clause from Business Contracts

Administration. The Committee shall administer the Plan shall be administered by the Committee which and shall have the authority to construe and interpret the Plan, prescribe, amend and rescind rules relating to the Plan's administration and take any other actions necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency or ambiguity in the Plan. The decisions Plan, and to ensure compliance with Section 423 of the Commi...ttee Code and other applicable law. The -3- Committee's decisions shall be final and binding on all persons. All expenses of administering the Plan shall be borne by the Company. View More
Administration. The Plan shall be administered by the Committee which shall have the authority to construe and interpret the Plan, prescribe, amend and rescind rules relating to the Plan's administration and take any other actions necessary or desirable for the administration of the Plan. Plan including, without limitation, adopting rules, sub-plans, and/or procedures relating to the operation and administration of the Plan designed to comply with local laws, regulations or customs or to achieve tax, securities... law or other objectives for eligible employees outside of the United States. Any sub-plans applicable to particular Participating Subsidiaries or locations may be designed to be outside the scope of Section 423 of the Code. The Committee may correct any defect or supply any omission or reconcile any inconsistency or ambiguity in the Plan. The decisions of the Committee shall be final and binding on all persons. All expenses of administering the Plan shall be borne by the Company. View More
Administration. The Committee shall administer the Plan shall be administered by the Committee which and shall have the authority to construe and interpret the Plan, prescribe, amend and rescind rules relating to the Plan's administration and take any other actions necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency or ambiguity in the Plan. The decisions Plan, and to ensure compliance with Section 423 of the Commi...ttee Code and other applicable law. The Committee's decisions shall be final and binding on all persons. All expenses of administering the Plan shall be borne by the Company. View More
Administration. The Plan shall be administered by the Committee which shall have the authority to construe and interpret the Plan, prescribe, amend and rescind rules relating to the Plan's administration and take any other actions necessary or desirable for the administration of the Plan. Plan including, without limitation, adopting sub-plans applicable to particular Participating Subsidiaries or locations, which sub-plans may be designed to be outside the scope of Section 423 of the Code. The Committee may cor...rect any defect or supply any omission or reconcile any inconsistency or ambiguity in the Plan. The decisions of the Committee shall be final and binding on all persons. All expenses of administering the Plan shall be borne by the Company. View More
Administration. The This Plan shall be administered by the Compensation Committee which shall have the authority to construe and interpret the this Plan, prescribe, amend and rescind rules relating to the this Plan's administration and take any other actions necessary or desirable for the administration of the this Plan. The Compensation Committee may correct any defect or supply any omission or reconcile any inconsistency or ambiguity in the this Plan. The decisions of the Compensation Committee shall be final... and binding on all persons. All expenses of administering the this Plan shall be borne by the Company. View More