Common use of Authority of Committee Clause in Contracts

Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee and any person claiming under or through the Grantee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Kid Brands, Inc), Restricted Stock Agreement (Kid Brands, Inc), Restricted Stock Agreement (Kid Brands, Inc)

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Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee Optionee and any person claiming under or through the GranteeOptionee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Kid Brands, Inc), Stock Option Agreement for Outside Directors (Kid Brands, Inc)

Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee Optionee and any person claiming under or through the GranteeOptionee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Russ Berrie & Co Inc)

Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee and any person claiming under or through the Grantee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan9 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Russ Berrie & Co Inc)

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Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee and any person claiming under or through the Grantee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan7 hereof.

Appears in 1 contract

Samples: Stock Appreciation Right Agreement (Russ Berrie & Co Inc)

Authority of Committee. Subject to the limitations set forth in the Plan, the Committee is vested with absolute discretion and authority to interpret the Plan and make all determinations necessary or advisable for the administration thereof. Any determination of the Committee in the administration of the Plan, as described therein, shall be final, conclusive and binding upon the Grantee and any person claiming under or through the Grantee, including, without limitation, as to any adjustments pursuant to Section 14 of the Plan8 hereof.

Appears in 1 contract

Samples: Restricted Stock Agreement (Russ Berrie & Co Inc)

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