Miscellaneous Clause Example with 6 Variations from Business Contracts

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.10 8 exhibit10101stquarter20161.htm EXHIBIT 10.7 10.10 Exhibit EXHIBIT 10.7Tennessee 10.10Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION PERFORMANCE GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants Charles G. Pardee awards Joseph P. Grimes, Jr. ("Participant") as of October 1, 2015 ("Grant Date"), an award a grant of $200,000 ("Long-Term Retention Incentive Award"), $750,000 ("Grant"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. GrantThe Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award Grant represents the right of the Participant to receive a lump sum cash payment (the "Long-Term Performance Incentive Award"), subject to the vesting requirements provided in Section 3 below, in the amount determined by an Authorized Party in accordance with Section 5.2 below. View More

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.8 6 exhibit1081stquarter201610.htm EXHIBIT 10.7 10.8 Exhibit EXHIBIT 10.7Tennessee 10.8Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION PERFORMANCE GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants Charles G. Pardee awards John M. Thomas III ("Participant") as of October 1, 2015 ("Grant Date"), an award a grant of $200,000 ("Long-Term Retention Incentive Award"), $715,000 ("Grant"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. GrantThe Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award Grant represents the right of the Participant to receive a lump sum cash payment (the "Long-Term Performance Incentive Award"), subject to the vesting requirements provided in Section 3 below, in the amount determined by an Authorized Party in accordance with Section 5.2 below. View More

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.12 10 exhibit10121stquarter20161.htm EXHIBIT 10.7 10.12 Exhibit EXHIBIT 10.7Tennessee 10.12Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION PERFORMANCE GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants Charles G. Pardee awards Michael D. Skaggs ("Participant") as of October 1, 2015 ("Grant Date"), an award a grant of $200,000 ("Long-Term Retention Incentive Award"), $600,000 ("Grant"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. GrantThe Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award Grant represents the right of the Participant to receive a lump sum cash payment (the "Long-Term Performance Incentive Award"), subject to the vesting requirements provided in Section 3 below, in the amount determined by an Authorized Party in accordance with Section 5.2 below. View More

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.4 2 exhibit1041stquarter201610.htm EXHIBIT 10.7 10.4 Exhibit EXHIBIT 10.7Tennessee 10.4Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION PERFORMANCE GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants Charles G. Pardee awards William D. Johnson ("Participant") as of October 1, 2015 ("Grant Date"), an award a grant of $200,000 ("Long-Term Retention Incentive Award"), $2,268,600 ("Grant"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. GrantThe Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award Grant represents the right of the Participant to receive a lump sum cash payment (the "Long-Term Performance Incentive Award"), subject to the vesting requirements provided in Section 3 below, in the amount determined by an Authorized Party in accordance with Section 5.2 below. View More

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.6 4 exhibit1061stquarter201610.htm EXHIBIT 10.7 10.6 Exhibit EXHIBIT 10.7Tennessee 10.6Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION PERFORMANCE GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants awards Charles G. Pardee ("Participant") as of October 1, 2015 ("Grant Date"), an award a grant of $200,000 ("Long-Term Retention Incentive Award"), $835,000 ("Grant"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. GrantThe Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award Grant represents the right of the Participant to receive a lump sum cash payment (the "Long-Term Performance Incentive Award"), subject to the vesting requirements provided in Section 3 below, in the amount determined by an Authorized Party in accordance with Section 5.2 below. View More

Miscellaneous. The Plan shall be administered by the CEO or the designee of the CEO ("Plan Administrator") unless otherwise delegated by the Board. Subject to the express provisions of the Plan, the Plan Administrator shall have the power, authority, and sole and exclusive discretion to construe, interpret, and administer the Plan. All decisions, determinations, and interpretations by the Plan Administrator regarding the Plan, any rules and regulations under the Plan, and the terms and conditions of or operati...on of any Plan award shall be final and binding on all Participants, Beneficiaries, heirs, assigns, or other persons holding or claiming rights under the Plan or any award. 7.2Non-Transferability of Rights and Interests. Neither a Participant nor a Beneficiary may alienate, assign, transfer, or otherwise encumber his or her rights and interests under the Plan, nor may such interest or right to receive a distribution be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person, and any attempt to do so shall be null and void. Katherine J. BlackSenior Vice PresidentHuman Resources and Communications EX-10.7 5 exhibit1071stquarter201610.htm EX-10.11 9 exhibit10111stquarter20161.htm EXHIBIT 10.7 10.11 Exhibit EXHIBIT 10.7Tennessee 10.11Tennessee Valley AuthorityLONG-TERM INCENTIVE PLAN RETENTION GRANT NOTICEPursuant to the provisions of the Tennessee Valley Authority Long-Term Incentive Plan ("Plan"), approved effective October 1, 2015, the Tennessee Valley Authority ("TVA") hereby grants Charles G. Pardee Joseph P. Grimes, Jr. ("Participant") as of October 1, 2015 ("Grant Date"), an award of $200,000 $260,000 ("Long-Term Retention Incentive Award"), upon and subject to the terms and conditions set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.1. Grant of Award The Long-Term Retention Incentive Award shall be subject to all the terms and conditions of the Plan and this Notice. The Long-Term Retention Incentive Award represents the right of the Participant to receive a lump sum cash payment subject to the vesting requirements provided in Section 3 below. View More