Example ContractsClausesadministration of the planVariants
Administration of the Plan
Administration of the Plan contract clause examples

Administration. The authority to control and manage the operation and administration of the Plan shall be vested in the Compensation Committee (theCommittee”) in accordance with this Section 5. The Committee shall be selected by the Board and shall consist of two or more members of the Board.

Administration. The Plan will be administered by the Executive Compensation and Human Resources Committee (“Committee”) of the Board of Directors of the Company. The Committee will have the sole, final and conclusive authority to administer, construe and interpret the Plan.

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