DECISION OF COMMITTEE FINAL Sample Clauses
The "Decision of Committee Final" clause establishes that any decision made by a designated committee is conclusive and binding on all parties involved. In practice, this means that once the committee has reviewed the relevant facts or disputes and rendered its decision, no further appeals or challenges are permitted within the framework of the agreement. This clause serves to streamline dispute resolution by providing a clear endpoint to deliberations, thereby preventing prolonged disagreements and ensuring finality and certainty in the decision-making process.
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DECISION OF COMMITTEE FINAL. To the extent that the foregoing adjustments relate to stock or securities of the Company, such adjustments shall be made by the Committee, whose determination in that respect shall be final, binding and conclusive; provided, however, that each Incentive Stock Option granted pursuant to the Plan shall not be adjusted without the prior consent of the holder thereof in a manner that causes such Stock Option to fail to continue to qualify as an Incentive Stock Option.
DECISION OF COMMITTEE FINAL. The decision of the Salary and Personnel Committee on position classifications shall be final. The decision of the Salary and Personnel Committee, as well as the application and administration of this Section of the Agreement, shall not be subject to Article VI Grievance Procedure.