Common use of BINDING ACTIONS Clause in Contracts

BINDING ACTIONS. Any action taken or decision made by the Committee or its designees arising out of or in connection with the construction, administration, interpretation or effect of the Plan or this Agreement shall lie within its sole and absolute discretion, as the case may be, and shall be final, conclusive and binding on you and all persons claiming under or through you. By accepting this grant or other benefit under the Plan, you and each person claiming under or through you shall be conclusively deemed to have indicated acceptance and ratification of, and consent to, any action taken under the Plan by the Committee or its designees.

Appears in 6 contracts

Samples: Restricted Stock Unit Award (Lehman Brothers Holdings Inc), Restricted Stock Unit Award (Lehman Brothers Holdings Inc), 200   Restricted Stock Unit Award (Lehman Brothers Holdings Inc)

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BINDING ACTIONS. Any action taken or decision made by the Committee or its designees delegates arising out of or in connection with the construction, administration, interpretation or effect of the Plan or this Agreement shall lie within its sole and absolute discretion, as the case may be, and shall be final, conclusive and binding on you and all persons claiming under or through you. By accepting this grant or other benefit under the Plan, you and each person claiming under or through you shall be conclusively deemed to have indicated acceptance and ratification of, and consent to, any action taken under the Plan by the Committee or its designees.

Appears in 4 contracts

Samples: 200   Stock Option Award (Lehman Brothers Holdings Inc), 200   Stock Option Award (Lehman Brothers Holdings Inc), 200    Stock Option Award (Lehman Brothers Holdings Inc)

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