Administration Clause Example from Business Contracts

This example Administration clause appears in 5 contracts from 1 company

Administration. Award Agreements and the rights of Participants are subject to all the terms and conditions of the Plan, as the Plan may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. The Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and any Award Agreement, all of which shall be binding upon the Participant. Any inconsistency between Award ...Agreements and the Plan shall be resolved in favor of the Plan. View More