Administrator Authority Clause Example with 4 Variations from Business Contracts
This page contains Administrator Authority 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.
Administrator Authority. The Administrator will have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, ...the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 16. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Options awarded under the Plan or future options that may be awarded under the Plan by electronic means or request Participant's consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company.View More
Variations of a "Administrator Authority" Clause from Business Contracts
Administrator Authority. The Administrator will shall have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option Restricted Stock Units have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will shall be f...inal and binding upon Participant, the Company and all other interested persons. No member of the The Administrator will shall not be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 16. The Administrator shall, in its absolute discretion, determine when such conditions have been fulfilled.18. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Options Restricted Stock Units awarded under the Plan or future options Restricted Stock Units that may be awarded under the Plan by electronic means or request Participant's consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company. Company.19. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Agreement.20. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Agreement. View More
Administrator Authority. The Administrator will shall have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option Restricted Stock Units have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will shall be f...inal and binding upon Participant, the Company and all other interested persons. No member of the The Administrator will shall not be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 16. The Administrator shall, in its absolute discretion, determine when such conditions have been fulfilled.17. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Options Restricted Stock Units awarded under the Plan or future options Restricted Stock Units that may be awarded under the Plan by electronic means or request Participant's consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company. Company.18. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Agreement.19. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Agreement. View More
Administrator Authority. The Administrator will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option of Restricted Stock have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and ...binding upon Participant, the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. -6- 16. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Options the Shares of Restricted Stock awarded under the Plan or future options Restricted Stock that may be awarded under the Plan by electronic means or request Participant's consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company. View More
Administrator Authority. The Administrator will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares subject to the Option have vested). rules. All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon ...Participant, the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 16. -5- 13. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Options Restricted Stock Units awarded under the Plan or future options Restricted Stock Units that may be awarded under the Plan by electronic means or request Participant's consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another a third party designated by the Company. View More
