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Administrator Authority
Administrator Authority contract clause examples

Administrator. The Plan shall be administered by the Board or a Committee appointed by the Board, which Committee shall be constituted to comply with Applicable Laws.

Administration. The Plan shall be administered by # the Board or # a Committee, which Committee shall be constituted to satisfy Applicable Laws.

The Committee. The Plan shall be administered by the Committee. The Board shall have the authority to appoint and remove members of the Committee.

Subject to [Section 11.7], the Plan shall be administered by the Board, or committee ("Committee") appointed by the Board. The Committee shall consist of at least one Board member, but may additionally consist of individuals who are not members of the Board. The Committee shall serve at the pleasure of the Board. If the Board does not so appoint a Committee, the Board shall administer the Plan. Any references herein to "Administrator" are, except as the context requires otherwise, references to the Board or the Committee, as applicable.

Administrator” means the Board or any of its Committees that shall be administering the Plan, in accordance with [Section 4] of the Plan.

General. The Plan shall be administered and interpreted by the Committee; provided, however, that the Board may, in its sole discretion, take any action delegated to the Committee under this Plan as it may deem necessary or appropriate. The members of the Committee shall be deemed independent if and to the extent required under Applicable Law.

Administrator” means the Board or any of its Committees as shall be administering the Plan, in accordance with Section 4 of the Plan.

Other Administration. Other than as provided above, the Plan will be administered by # the Board or # a Committee, which Committee will be constituted to comply with Applicable Laws.

"Administrator" means the Board or any of its Committees as shall be administering the Plan, in accordance with [Section 4] of the Plan.

Administration. The Plan will be administered by the Board or by a committee appointed by the Board (the “Committee”). The Board or the Committee has authority to make rules and regulations for the administration of the Plan and its interpretation and decisions with regard thereto shall be final and conclusive.

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