Committee’s Decision – Final Clause Samples
The "Committee’s Decision – Final" clause establishes that any decision made by the designated committee is conclusive and binding on all parties involved. In practice, this means that once the committee has reviewed the relevant information and rendered its judgment, no further appeals or challenges to that decision are permitted within the framework of the agreement. This clause ensures finality and certainty in dispute resolution or decision-making processes, preventing prolonged disagreements and providing a clear endpoint for the matter at hand.
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Committee’s Decision – Final. The Committee’s decision shall be final. However, in the event that a participating employee obtains additional pertinent information, not provided at the time of the initial application, the employee may re-apply for Bank days within ten (10) calendar days of the receipt of the written decision of the Committee. The Committee’s decision after consideration of the re-application shall be final.
Committee’s Decision – Final. To the extent permitted by law, any interpretation of the provisions of the Plan and any decisions on any matter within the discretion of the Committee made by the Committee in good faith shall be binding on all persons. A misstatement or other mistake of fact shall be corrected when it becomes known and the Committee shall make such adjustment on account thereof as it considers equitable and practicable.
Committee’s Decision – Final. The Committee’s determination of the Performance Target and applicable performance is final and binding on all persons.
Committee’s Decision – Final. Achievement of the Performance Goals will be established by written resolution of the Committee. The Committee’s determination of the Performance Goals, and the achievement of the Performance Goals, is final and binding on all persons.