Common use of Administration and Interpretation Clause in Contracts

Administration and Interpretation. The Compensation Committee of the Board of Directors of the Company (the "Committee") shall administer and interpret the terms and provisions of this Agreement. Any interpretation and construction by the Committee of any term or provision of the Plan, this Agreement, or other matters related to the Plan shall be final, conclusive and binding upon the Optionee and his or her heirs.

Appears in 5 contracts

Samples: Stock Option Agreement (Apac Customer Service Inc), Restricted Stock Purchase Agreement (Apac Customer Service Inc), Employment Security Agreement (Apac Customer Service Inc)

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Administration and Interpretation. The Compensation Committee of the Board of Directors of the Company (the "β€œCommittee"”) shall administer and interpret the terms and provisions of this Agreement. Any interpretation and construction by the Committee of any term or provision of the Plan, this Agreement, or other matters related to the Plan shall be final, conclusive and binding upon the Optionee and his or her heirs.

Appears in 5 contracts

Samples: Stock Option Agreement (Apac Customer Service Inc), Executive Employment Agreement (Apac Customer Services, Inc), Special Grant (Apac Customer Service Inc)

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Administration and Interpretation. The Compensation Committee of the Board of Directors of the Company (the "Committee") shall administer and interpret the terms and provisions of this Agreement. Any The Compensation Committee shall have final authority as to the interpretation and construction administration of this Agreement in a manner that complies with all applicable regulations. All interpretations and decisions by the Compensation Committee of any term or provision of the Plan, this Agreement, or other matters related to the Plan shall be final, conclusive final and binding upon the Optionee Participant and his or her heirsany beneficiary.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Century Casinos Inc /Co/)

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