Nonexclusivity of the Plan Clause Example from Business Contracts

This example Nonexclusivity of the Plan clause appears in 3 contracts from 2 companies

Nonexclusivity of the Plan. Neither the adoption of this Plan by the Committee, nor any provision of this Plan, will be construed as creating any limitations on the power of the Board or Committee to adopt such additional compensation arrangements as it may deem desirable, including, without limitation, the granting of stock awards and bonuses otherwise than under this Plan, and such arrangements may be either generally applicable or applicable only in specific cases.