Plan Administration Clause Example from Business Contracts

Plan Administration. The Compensation Committee of the Board of Directors is the administrator of the Plan, whose function is to ensure the Plan is managed according to its respective terms and conditions. A request for a copy of the Plan and any questions pertaining to the Plan should be directed to:THE DIXIE GROUP, INC.STOCK PLAN ADMINISTRATORC/O STARR T. KLEINP.O. BOX 25107USA, CHATTANOOGA, TN 37422-5107(Phone) 423-510-7000(Fax) 423-510-7015 10. Adjustment of Shares Subject to Award. The number of shares subject ...to this Award (and, accordingly, the determination of the Market Condition provided in Section 4(a) hereof) shall be adjusted to reflect any increase or decrease in the number of shares of common stock and Class B Common Stock outstanding as a result of any stock dividend or split or other such corporate action which, in the opinion of the Plan Administrator, shall require such adjustment. View More