Common use of A COMMITTEE Clause in Contracts

A COMMITTEE. As provided in the Plan, the Board may delegate administration of the Plan and this Option Agreement to a committee (the "COMMITTEE"). If administration is delegated to a Committee, the Committee shall have, in connection with the this Option Agreement, the powers theretofore possessed by the Board (and references in this Option Agreement to the Board shall thereafter be to the Committee).

Appears in 6 contracts

Samples: Employment Agreement (Cumetrix Data Systems Corp), Stock Option Agreement (Cumetrix Data Systems Corp), Stock Option Agreement (Cumetrix Data Systems Corp)

AutoNDA by SimpleDocs

A COMMITTEE. As provided in the Plan, the Board may delegate administration of the Plan and this Option Agreement to a the Compensation Committee or other committee (the "COMMITTEE"). If administration is delegated to a Committee, the Committee shall have, in connection with the this Option Agreement, the powers theretofore possessed by the Board (and references in this Option Agreement to the Board shall thereafter be to the Committee).

Appears in 2 contracts

Samples: Executive Employment Agreement (Talon International, Inc.), Executive Employment Agreement (Talon International, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.